Epstein Secrets

Statement of Account **• ALL TYPE AMOUNTS IN US DOLLAR PORTFOLIO LONG OR DESCRIPTION SHORT(S) PRICE MARKET VALUE 03 3,026 (S) CHENIERE ENERGY INC 37.22000 112,627.72- 03 27,200 (S) CONSECO INC 23.17000 630,224.00- *CSFP RATING :OUTPERFORM INDEPENDENT RATING:3 STAR - Hold PROVIDER:Stan

) GENERAL MOTORS 19.42000 1,908,986.00- *CSFR RATING :OUTPERFORM INDEPENDENT RATING:3 STAR - Hold PROVIDER:Standard & Poor's )3 70,080 (S) HCC INSURANCE HOLDINGS INC 29.68000 2,079,974.40- )1 2,646 INTERNATIONAL GAME TECHNOLOGIES 30.78000 81,443.88 3 2,646 (S) INTERNATIONAL GAME TECHNOLOGIES 30.78000

FROM 2F8EE0 TO 746FY0 OFFSHORE ARRANGING FLIP TO 736FY0 FROM 746FY0 -300 CHENIERE ENERGY INC OFFSHORE ARRANGING FLIP TO 736FY0 FROM 746FY0 300 CHENIERE ENERGY INC DONE AT EDGETRADE.COM INC. S/D FINANCING RETURN EFTA01593164 FROM 746FY0 TO 2F8EE0 29.77000 8,932.65 1,304.07 8,932.65 29.53170 19.39240 32

CBRL GROUP INC OFFSHORE ARRANGING FLIP TO 736FY0 FROM 746FY0 4,000 CENTERPOINT ENERGY INC OFFSHORE ARRANGING FLIP TO 736FY0 FROM 746FY0 -1,000 HCC INSURANCE HOLDINGS INC DONE AT EDGETRADE.COM INC. EFTA01593170 -1,500 CMS ENERGY CORP -400 CBRL GROUP INC DONE AT EDGETRADE.COM INC. DONE AT EDGETRADE.COM INC. 33.574

C OHIO SR 01.4861 06/02/2033 NT CV1. CBRL GROUP INC LYON ZERO 32 04/03/2032 CMS ENERGY CORP SR NT-B CV 23 CSX CORP BOND CVT CELGENE CORP CVT CHENIERE ENERGY INC CVT 144A 125,000 (S) CHENIERE ENERGY INC CVT EDO CORP CVT SR SUB NTS HCC INS HLDGS INC NT CVT MASCO CORP CVT 02.2500 08/01/2012 02.2500 08/01/2

ENDENT RATING:3 STAR - Hold PROVIDER:Standard & Poor's 23.91000 :NEUTRAL INDEPENDENT RATING:3 STAR - Hold PROVIDER:Standard & Poor's 73,460 (S) HCC INSURANCE HOLDINGS INC 1,103 (S) MASCO CORP *CSSU RATING 116,180 (S) PPL CORP 56,490 (S) RPM INCORPORATED 10,215 (S) UNISOURCE ENERGY CORP HLDG CO :UNDERPERFORM INDE

CV 32 CBRL GROUP INC CSX CORP BOND CVT CELGENE CORP CVT 01.7500 06/01/2008 CENTERPOINT ENERGY INC CVT SER B 03.7500 05/15/2023 EFTA01594051 CHENIERE ENERGY INC CVT 144A CONSECO INC CVT 144A 200,000 (S) CONSECO INC CVT DUKE ENERGY CORP CVT EDO CORP CVT SR SUB NTS GENERAL MTRS CORP CV C 33 HCC INS HLDGS

NDENT RATING:3 STAR - Hold PROVIDER:Standard & Poor's 22.88000 :NEUTRAL INDEPENDENT RATING:2 STAR - Avoid PROVIDER:Standard & Poor's 73,030 (S) HCC INSURANCE HOLDINGS INC 1,200 *CSSU RATING 17,673 (S) MASCO CORP *CSSU RATING 103,350 (S) PPL CORP 3,000 (S) PPL CORP 66,260 (S) RPM INCORPORATED 7,330 (S) SUPERVALU

6.43300 2,102,706.25 01 2,250,000 01.7500 06/01/2008 CENTERPOINT ENERGY INC CVT SER B 128.87500 2,899,687.50 01 125,000 03.7500 05/15/2023 CHENIERE ENERGY INC CVT 144A 112.87500 141,093.75 01 1,052,000 02.2500 08/01/2012 EDO CORP CVT SR SUB NTS 97.12500 1,021,755.00 01 75,000 04.0000 11/15/2025

50 (S) GENERAL MOTORS 29.18000 859,351.00- *CSSU RATING :NEUTRAL INDEPENDENT RATING:3 STAR - Hold PROVIDER:Standard & Poor's 03 72,460 (S) HCC INSURANCE HOLDINGS INC 32.49000 2,354,225.40- 01 3,277 MASCO CORP 27.41000 89,822.57 •CSSU RATING :NEUTRAL INDEPENDENT RATING:4 STAR - Accumulate PROVIDER:Standard

1.00000 2,443,750.00 01 2,250,000 01.7500 06/01/2008 CENTERPOINT ENERGY INC CVT SER B 122.25000 2,750,625.00 01 125,000 03.7500 05/15/2023 CHENIERE ENERGY INC CVT 144A 117.37500 146,718.75 02.2500 08/01/2012 CREDIT SUISSE16t CREDIT SUISSE SECUFtMES (USA) LLC ESTIMATED ANNUAL INCOME 58,950.00- 3.103

(S) GENERAL MOTORS 32.23000 1,899,958.50- *CSSU RATING :NEUTRAL INDEPENDENT RATING:3 STAR - Hold PROVIDER:Standard & Poor's 03 72,460 (S) HCC INSURANCE HOLDINGS INC 30.49000 2,209,305.40- 03 2,723 (S) MASCO CORP 26.73000 72,785.79- "CSSU RATING :NEUTRAL INDEPENDENT RATING:4 STAR - Accumulate PROVIDER:

RPOINT ENERGY INC 12.50000 1,604,337.50- *CSSU RATING :UNDERPERFORM INDEPENDENT RATING:3 STAR - Hold PROVIDER:Standard 6 PoOr'S 03 3,026 IS) CHENIERE ENERGY INC 39.00000 118,014.00- 'CSSU RATING :OUTPERFORM INDEPENDENT RATING:Hold PROVIDER:Market Edge Research 03 20,645 (S) EDO CORPORATION 24.34000

IS) GENERAL MOTORS 29.79000 1,756,120.50- *CSSU RATING :NEUTRAL INDEPENDENT RATING:2 STAR - Avoid PROVIDER:Standard 6 Poor's 03 72,460 IS) HCC INSURANCE HOLDINGS INC 29.44000 2,133,222.40- 03 5,223 IS) MASCO CORP 29.64000 154,809.72- *CSSU RATING :NEUTRAL INDEPENDENT RATING:4 STAR - Accumulate PROVIDER

GE 203Q 736FY UNDISCLOSED 03/01/06 TO 03/31/06 20 OF 22 PORTFOLIO TYPE LONG OR SHORT(S) DESCRIPTION PRICE MARKET VALUE 03 3,026 IS) CHENIERE ENERGY INC 40.57000 122,764.82- "CSSU RATING :OUTPERFORM INDEPENDENT RATING:Buy PROVIDER:Market Edge Research 03 33,000 (5) CONSECO INC 24.82000 819,

IS) GENERAL MOTORS 21.27000 2,090,841.00- 'CSSU RATING :NEUTRAL INDEPENDENT RATING:2 STAR - Avoid PROVIDER:Standard 6 Poor's 03 72,760 (S) HCC INSURANCE HOLDINGS INC 34.80000 2,532,048.00- 01 1,200 MASCO CORP 32.49000 38,988.00 •CSSU RATING :NEUTRAL INDEPENDENT RATING:4 STAR - Accumulate PROVIDER:Standard