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E SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New York, Nee York 10179 8 c/ Your messages Bear. Stearns Securities Corp, Net Capital and Net Capital Requirements: At May 31, 2004 and July 31. 2004. the Company's net capital of approximately $3,6 billion and $3,6 billion was approximately 6,8% and 6,5% of ag
ting represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market Underweight. In cases where a BSC rating is present, the name of an independent, third-party research provider and
OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New YY New York 10179 8 Your messages Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At May 31, 2005 and July 31, 2005, the Company's net capital of approximately $4,1 billion and $3,9 billion was approximately 6% and 7% of aggreg
ating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market Underweight. In cases where a BSC rating is present. the name of an independent, third-party research provider and
DESCRIPTOR TO 049-47138 DENT AMOUNT 10,000,000.00 CREPT MOUNT 10,000,000.00 $10.000.000.00 Your messages Bar Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At November 30, 2006 and January 31, 2007, the Company's net capital of approximately $4,0 billion and $4,0 billion was approximately 6,8% and 6,7
ting represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market underweight. In cases where the BSC rating is present, the name of an independent, third-party research provider an
OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New YY New York 10179 7 Your messages Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At May 31, 2005 and July 31, 2005, the Company's net capital of approximately $4,1 billion and $3,9 billion was approximately 6% and 7% of aggreg
ating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market Underweight. In cases where a BSC rating is present. the name of an independent, third-party research provider and
E SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New York, Nee York 10179 8 c/ Your messages Bear. Stearns Securities Corp, Net Capital and Net Capital Requirements: At May 31, 2004 and July 31. 2004. the Company's net capital of approximately $3,6 billion and $3,6 billion was approximately 6,8% and 6,5% of ag
ting represents the rating of the coverage universe relative to the regional broader market index, The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market Underweight. In cases where a BSC rating is present, the name of an independent, third-party research provider and
OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New YY New York 10179 9 Your messages Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At May 31, 2005 and July 31, 2005, the Company's net capital of approximately $4,1 billion and $3,9 billion was approximately 6% and 7% of aggreg
ating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market Underweight. In cases where a BSC rating is present. the name of an independent, third-party research provider and
Entities connected to both Net Capital and Net Capital Requirements and Market Overweight

Bear Stearns
ORGANIZATION
Jeffrey Epstein
PERSONPeer Perform
PERSON
New York City
LOCATION
North
LOCATIONMASSER
PERSONMoney Fund
ORGANIZATIONEquities & Options
ORGANIZATIONEOUITY
ORGANIZATIONBear, Stearns & Co. Inc.'s
ORGANIZATIONSZeirns
PERSON
Financial Trust Company
ORGANIZATIONthe National Association of Securities Dealer's
ORGANIZATION
NEW YORK NY
LOCATIONTHRCOGH
ORGANIZATIONEquity Research Department
ORGANIZATIONthe Bear, Stearns Securities Corp
ORGANIZATIONUnteeeti Preen
PERSONthe Firms Equity Research Department
ORGANIZATIONMONET
PERSON