Epstein Secrets

YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York New York 10179 3 Cash Flow Analysis THIS PENCO Cash Balance Summary OPE,1% CLOSNG Opening Balance Margin • 241.409.36 Miscellaneous 74.792.101.18 Net Cash Balance =I $241.409.36 Amount Credited $74.792.101.18 Miscellane

66:o 1 bb.54734 CANCEL BUY FNMA-30YF(FNMA)GTD SETT,1262 DUE 12+01+2032 05,500% AS t TO CXL PREVIOUS BUY -10.000.000 PRINCIPAL FEDERAL HOME WAN MTG CORP NINE 2.196.000 SERIES 2471 CLASS YT 1,000 DUE 03/15132 PRINCIPAL REDUCTN 12-15-02 PRINCIPAL FEDERAL HOME LOAN MTG CORP -250 SERIES 2471 CLASS

h Eqmalent 450.076 Closing Balance 5450.078.34 Fixed Income 16.075.464 Total S16 525 540 r PHOSE00- 019- ANGS Cash Balance Summary COEXNG CLOSNG 1i7r0ir 992.05 450.076.34 NOtC3f./IB,::WW11 5992.05 4450.076.34 CLEARED ThROuCiri rrs ?Mal OWKED StAISPORY Sew. Stems Semite% Cap. Ore- Ca

IPAL FEDERAL HOME LOAN MTG CORP 31392032 -878 SERIES 2468 CLASS SO 6.890 WE 03/15132 PRICVAL REDUCER 0815-03 08/15/03 PRINCIPAL FEDERAL HOME WAN MTG CORP 31393FG86 -2.496.000 SERIES 2526 CLASS SI 5,890 DUE 02/15/32 PEEWIT& REWCTII 08-15-03 08115/03 PRINCIPAL FEDERAL HOME LOAN MEG CORP 313931686

IROutei Fetnan 28. 2CO3 ACCOura mance T•33,AYIR Nuttere LAST STATrue.47 Tanury 31. 2003 Your Portfolio Allocation Cash Balance Summary WINK CLOSNG CaSh a Equrrelent 1% maren 51574 385,775.82 Net CaShBalanCe $516.74 $385,775.82 1 1 1 1 L fcred recent 1:Q7 OW 03.13 10 001 99% 3<do-a C

4 40.000000 101.76953 10,176,953.00 SER.02/03 DUE 02/01,2033 05.500% 0987280211332 REF • 2003020446440000 85 02/18/03 PRINOPAL FEDERAL HOME WAN MTG CORP 31392M:410 -1.931,000 SERIES 2471 CLASS YT 1.000 DUE 03/15/32 PRNCVAL REDUCIN 02-15-03 02/18/03 PRINCIPAL FEDERAL HOME LOAN MTG CORP 3139296