Epstein Secrets

d to supervise the production of Independent Research and has no responsibility to comment on the content of such Research. End of Statement Beer. Steens anent.* Dap. CycLicennecn Cantec North Bronco. New Tux 112014559 EPSTEIN INTERESTS STATEMENT PERM May 29.2004 THROUGH June 30.2004 ACCCUNT NUM

4 THROUGH At/ 3D. 2004 ACCOUNT NUMBER TAXPAYER WESER OR File LAST STATEMENT June 30.2004 Cash J. Equivaient- 100% 11, 04000 romans eon,,, oar Diono, onto Or, male wive, To olooar ;event'', ty awed from to Mal.te market rat), pi )VV POrtkal. 027 07.31.04:06:41 001 Y858 EFTA00195201 CLEARED

STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New Y New York 10179 6 Transaction Detail (continued) Beer. Steens SO8,481 Cory. Cc* Mevoiech Cella North Beccioon. New Ye* 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD September 28.2002 THROUGH October

2 ACCOUNT NUMBER TAXPAYER AMBER LAST STATEMENT December 31.2001 Your Portfolio Allocation Cash & Ectvealent— I00% Unt.aNcl potions denote as Diono, *nee Oat mane voLee The elms", ;event'', is owed Item Uri obsol.te market rat), 01 yes patio" V520 EFTA00198043 CLEARED THR0OOH ITS NNW', OTM

MISCO Dotal. Portfolio Composition LOW CashiCash Equivalent 10.671.070 Equities 9,929.275 16.402.. Total $9,929,275 $27.073.282 027 Beet. Steens S0Prihtt GNP. Cc* Moo:tech Cella North Becck/on. New Tent 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH April 27.20

n UNTO 14,091,700 Cash 8 Equivalent- 19.521,581 32% Total $11,640,921 $33,613,281 Short Equit 25% Equities 43% UnshaOed son,,, denote oat Diono, *nee lhol market voLee The ol000m, ;event'', is Uo•ued hom Ito ONUS market rat), or yes halloo 027 01/27)01:13:44 001 EFTA00197950 CLEARED TH