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ct. Under the new expiration procedures, options that are in the money at the expiration by more than $.05 are automatically exercised unless your Investment Professional instructs us not to exercise them, Under the old procedure, the threshold amount was $,25, For example, if you have an equity option position in yo
messages NOTICE OF CHANGE PURSUANT TO TRUTH IN LENDING SEC RULE 10b-18 The annual rate of interest charged on any credit extended to you by Bear, Stearns Securities Corp. ('BSSC') for the purpose of purchasing, carrying or trading in any security or other property shall continue to be based on either the BSSC Margin
ties listed on the cover page of this statement, If you wish to modify or cease distribution to any of the recipients indicated, please contact your Investment Professional, This reminder notice will continue to be provided to you on your quarterly statements, ThiaLeatty EPSTEIN INTERESTS A/C JEFFREY EPSTEIN ATTN HAR
son Avenue New YY New York 10179 8 Bar You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp. CBSSC") at the telephone numbers listed on the front of this statement. In order to protect your rights, including any rights under the Securities
ties listed on the cover page of this statement. If you wish to modify cc cease distribution to any of the recipients Indicated, please contact your Investment Professional. This renvnder notice will continue to be provided to you on your quarterly statements. Tharl.Pada EPSTEIN INTERESTS NC JEFFREY EPSTEIN ATTN HARR
tention to invest such amounts through us. You are advised to promptly repot any inaccuracy or discrepancy in your account to your broker and Bear, Stearns 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
Entities connected to both Investment Professional and Stearns Securities Corp.

Bear Stearns
ORGANIZATIONMoney Fund
ORGANIZATION
Jeffrey Epstein
PERSONthe British Bankers Association
ORGANIZATION
Bloomberg L.P.
ORGANIZATION
New York City
LOCATIONPeer Perform
PERSON
North
LOCATIONYmCuy ORIVED
PERSONORIVED
ORGANIZATIONHarry Beller
PERSON
Financial Trust Company
ORGANIZATIONODIVED
ORGANIZATIONVOICUY
ORGANIZATIONThe BSSC Margin Basis Rate
ORGANIZATIONORNED
ORGANIZATIONFELCOR LODGING TRUST INC
ORGANIZATIONEquities & Options
ORGANIZATIONJEANNE BRENAN
PERSONMarket Overweight
PERSON