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notice is to advise you of certain changes in the manner in which interest will be charged on any U.S. dollar-denominated credit extended to you by Bear, Steams Securities Corp. ("BSSC') for the purpose of purchasing, carrying or trading in any security. Interest will continue to be based on either the BSSC Margin Basis Rat

the preferential tax treatment accorded to dividends. In an effort to maximize execution quality, Bear Stearns may route your equity orders to its Smart Order Router (SOR), The SOR accepts limit and market orders and automates their routing across several sources of liquidity in an attempt to maximize price and

notice is to advise you of certain changes in the manner in which interest will be charged on any U.S. dollar-denominated credit extended to you by Bear, Steams Securities Corp. ("BSSC') for the purpose of purchasing, carrying or trading in any security, Interest will continue to be based on either the BSSC Margin Basis Rat

the preferential tax treatment accorded to dividends. In an effort to maximize execution quality, Bear Stearns may route your equity orders to its Smart Order Router (SOR), The SOR accepts limit and market orders and automates their routing across several sources of liquidity in an attempt to maximize price and

notice is to advise you of certain changes in the manner in which interest will be charged on any U.S. dollar-denominated credit extended to you by Bear, Steams Securities Corp. ("BSSC') for the purpose of purchasing, carrying or trading in any security, Interest will continue to be based on either the BSSC Margin Basis Rat

the preferential tax treatment accorded to dividends. In an effort to maximize execution quality, Bear Stearns may route your equity orders to its Smart Order Router (SOR), The SOR accepts limit and market orders and automates their routing across several sources of liquidity in an attempt to maximize price and

earns L Co. Inc. 383 Madison Avenue ems 10179 You are advised to promptfy report any inaccuracy or discrepancy in your account to your broker and Bear, Steams Securities Corp. (BSSC) at the telephone numbers listed on the front of this statement. In order to protect your rights, including any rights under the Securities I

41R TOJCPAYIST KUM On Fie LAST STATD/Cla May 31.1007 In an effort to maximize execution quality, Bear Steams may route your equity orders to its Smart Order Router (SOP). The SOR accepts limit and market orders and automates their routing across several sources of liquidity in an attempt to maximee price and m