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00 $434,785 97.391 EQUITIES Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firm's Equity Research Department. fi e first rating represents the stock's total return relative to the other stocks covered by that Analyst, The key for the stock rating values is
NS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & CO. Inc. 383 Madison Avenue New York, Nen York 10179 5 ri Your Portfolio Holdings (continued) Equities & Options (continued) DESCRPRON SYMBOUCUSIP ACCT TYPE OUATITY AWKET VALLE ESTIMATED ANMJAL INCOME CURRENT YELD1144 GLENBOROUGH REALTY TRUST INC GL
LAST STATEMENT OCTOOM 31.2005 Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firm's Equity Research Department, The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is a
2005 Your Portfolio Holdings (continued) THROUGH ACCOUNT NUMBER TAXPAYER WEBER LAST STATEMENT December 30.2006 X72 On File November 30.2005 Equities & Options (continued) ACCT MARKET ESTIMATED CURROVT DESCRPTION SYMBOUOISIP TYPE 001:211'1' PACE VALUE ANNUAL INCOME YELL/ IS) HOSPITALITY PROPERTI
LAST STATEMENT MORMON 30.2005 Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firm's Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is a
TEIN INTERESTS STATEMENT PERIOD December 1,2005 THROUGH December 30.2005 ACCOUNT NUMBER TAXPAYER RAMER Ofl File LAST STATEMENT MORMON 30.2005 Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firm's Equity Research Department. The first rating repre
ST STATEMENT November 30.2004 Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firm's Equity Research Department, The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is a
RNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New VOTE Non York 10179 5 ri Your Portfolio Holdings (continued) Equities & Options (continued) DESCRIPTION SYMBOGLESIP ACCT TYPE MANGY MICE MONET VALUE ESTIMATED ANNUAL MOW LERITSVT YELL/ rA) TOO INC BSC RATING: STOCK
TEACIT Norte 30.2005 EQUMES Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firm's Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is a
380 EPSTEIN INTERESTS Sterne? PERICO November 1,2005 Ineetam November 30.2005 AeCturn Ware Minnie NANO. On Fie LAST STATENENT °crabs 3% 2005 Equities & Options The research ratings for Bear Stearns (BSC) are shown fa certain securities covered by the Firm's Equity Research Department. The first rating repre
AST STATEMENT October 31.2005 Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firm's Equity Research Department, The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is a
T COMPANY INC STATEMENT PERIOD December 1.2005 THROUGH December 30.2005 ACCCUNT NUMBER TAXPAYER MAWR OR PIM LAST STATEMENT Noyernter 30. 2005 Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firms Equity Research Department. The first rating repres
Entities connected to both Equity Research Department and Equities & Options

Bear Stearns
ORGANIZATION
Financial Trust Company
ORGANIZATION
New York City
LOCATIONMoney Fund
ORGANIZATIONMASSER
PERSONSZeirns
PERSONPERKO
ORGANIZATIONTHRCOGH
ORGANIZATIONEOUITY
ORGANIZATIONOESCRPTION
ORGANIZATION
Jeffrey Epstein
PERSON
North
LOCATION
George W. Bush
PERSONPeer Perform
PERSONStearns & Co. Inc.
ORGANIZATION
Naomi Campbell
PERSONMarket Overweight
PERSONBear, Steams & Co. Inc.
ORGANIZATIONWirth
PERSONMONET
PERSON