Epstein Secrets

07/20/01 KRAMONT REALTY TRUST REC 06/29/01 PAY 07/20/01 STMEIOUOUSIP KRT POMMY RATE 2,000 0.3250 DEBIT AMOUNT Beer. SZAWAs SOC.,44.1 COO. Ore Mevolech Ow:1m North Beccm/n. New Yak I 1201.3SS9 JEFFREY EPSTEIN STATEMENT PERIOD June 30.2001 THROUGH JuN 27.2001 ACCOUNT NUMBER TAXPAYER MANNER ON

s 8 Co. Inc. 245 Park Avenue New York. New York 10167 8 r/1 Your messages In? This statement is provided to explain Bear, Steams & Co, Inc.'s ('BSC') payment for order flow practices. BSC routes a majority of orders for customer securities transactions to the primary market for such securities.

AR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. Nell York 10167 4 r/ Beer. SZeirhs Sec 44,1 Cory. Ore Mevolech Ow:1m North Beccmon. New Yak 11201.3859 EPSTEIN INTERESTS STATEMENT PERIOD May 26.2001 THROUGH June 29.2001 Your Portfolio Holdings (continued)

ANCE 3.0000 2.259.41 AT 3.000% 08/21 MAU 09116 TOTAL 52.45504 Your messages This statement is provided to explain Bear, Steams & Co, Inc.'s ('BSC') payment for order flow practices, BSC routes a majority of orders for customer securities transactions to the primary market for such securities.

ITUTIONAL SHARES TOTAL CASH 8 CASH EQUIVALENTS 2,911,351.16 1.0000 2,911,351 113.543 3.9000 53.355.000 5113.543 808r. SZeirns SO0r,t40 C0,0 Ore Mevolech CarrIN North acedOon. New Yak 11201.3859 INTERNATIONAL CHARITABLE INTS STATEMENT PERK* Jul/ 28.2001 THROUGH August 31.2001 ACCCUNT NUMBER TAXP

3.0000 1,110.60 AT 3,000% 0621 THRU 09/16 TOTAL $1,218.72 Your messages VS" This statement is provided to explain Bear, Steams & Co, Inc,'s ('BSC') payment for order flow practices, BSC routes a majority of orders for customer securities transactions to the primary market for such securities,