Epstein Secrets

Stearns &acuities Corp. obtains excess SIP/ protection changed to Customer Asset Protection Company CCAPCO1. a New Yak acensed insurance company. CAPCO has an A— financial strength rating from Standard and Pools. IThr Boar. Stoarns Securities Corp. Net Capital and Net Capital Requirements: At Nove

021 10001,0407s9 COI Val EFTA01324563 I 058ZZOO-V.L.43 0 -n C in r _ 608SSE00 IN9 ANC'S BEAR STEARNS OFFICE SERVING YOUR ACCOUNT Bear. Steams & Co. kic. 3B3 Mattson Avenue Neer York. New York 10179 (212) 272.2000 ACCOUNT EXECUTNE IICHERMANIRA TELEPHONE (212)272-4189 VISIT OUR WEITSITE wAw.be

Steams Secwities Corp. obtains excess SIPC protection changed to Customer Asset Protection Company ("CARCO% a New York licensed instance company. CAPCO has an A+ financial strength rating from Standard and Poor's. End of Statement CUOMO 11010u0n ITS SOOLLo INME0 SUSSICUJIY W. Munn Stone. Cop. C

KAMER On Ale LAST arrunicia April 30.2004 EFTA01321009 0 m cim H r EZ805£00- 019- ANGS BEAR STERNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. kic. 383 Madison Avenue Nest York. New York 10179 Your Portfolio Holdings (continued) Government & Agency Obligations (writnuer) 015CRSOD11 SYLISOL

hrough a commercial insurer. Effective February 16. 2004. the convnercial insurer for Excess SIPC will change to Customer AsSet Protection Company (CAPCO), a licensed New York insurance company. Account protection applies when a SIPC member firm fails financially and is unable to meet its obligations

6 CLEARED THROUGH ITS ?MOLLY Ewe SU000Alty ii C rn r 06SOSEOCIN9- ANOS 8 IJ V.) IJ IJ BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Sear, Steams & Co. kic. 353 lAaclsoo Avenue New York. Now York 10179 (21 2) 272.2000 Transaction Detail (continued) INVESTMENT ACTIVITY (conilituea) unuweet tom out