Epstein Secrets

tinued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACTOR DESCRIPTOR STIABOLICUSP CUNV1NY PRICE DEBIT AMOUNT CgED-7 A/IOLNT 11/29/01 JOURNAL HRPT PROPERTIES 1R-SBI HRP 10.000 JOURNAL FROM TYPE 1 T02 11/29/01 JOURNAL HOSPITALITY PROPERTIES TRUST HPT 2.000 SRI J

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.

.567418 LAST STATEMENT February 23. 2001 SETTLEMENT TRADE DATE DATE TRANSACT/ON DESCRIPTION SYTABOLCUSP 0Awrir, PRCE DEBIT AMOUNT CTED1 A/IOLNT 03/14/01 03/13/01 SOLD CALL VECTOR GROUP APR 020AMEX -1.000 1.05000 101.494.00 EXP 04121/2001 UNSOLICITED OPEN CONTRACT 03/14/01 03/13/01

ns 8 Co. Inc. 245 Park Avenue New York. New York 10167 8 O1 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.

l (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE TRADE DATE TRANSACTION DESORPTION SYMBOL/CUSP °AMITY PRICE DEW AMOUNT MOT A/IOLNT 02/22/01 02/16/01 SOLD TELLABS INC TUB -200 49.82540 9.964.74 UNSOLICITED AVG PRICE: DETAILS ON REQUEST UNIT PRICE 50,075400 DEFERENCE -

MARKET SHORT POS 1,081,594.00 TOTAL 52,234,263.00 $2.234.263.00 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,