Epstein Secrets

RANGING FLIP TO FROM RPM INCORPORATED 51,935.24 OFFSHORE ARRANGING FLIP TO FROM CBRL GROUP INC 58,103.13 OFFSHORE ARRANGING FLIP TO FROM PPL CORP 56,427.35 OFFSHORE ARRANGING FLIP TO FROM MASCO CORP 30.30000 36,372.00 CANCELLATION AS OF 03/16/06 DONE AT EXBKR/CUTTONE 6 CO, INC. MASC

N AS OF 03/16/06 DONE AT EXBKR/CUTTONE 6 CO, INC. MASCO CORP 30.30000 36,372.00 CORRECTION AS OF 03/16/06 DONE AT EXBKR/CUTTONE 6 CO, INC. CMS ENERGY CORP 13.01740 10,418.32 CANCELLATION AS OF 04/06/06 DONE AT EDGETRADE.COM INC. CMS ENERGY CORP 13.01740 10,418.32 CORRECTION AS OF 04/06/06 DON

30.52 OFFSHORE ARRANGING FLIP TO 736FY0 FROM 746FY0 -2,000 UNISOURCE ENERGY CORP HLDGS CO OFFSHORE ARRANGING FLIP TO 736FY0 FROM 746FY0 1,300 PPL CORP 44,178.49 OFFSHORE ARRANGING FLIP TO 736FY0 FROM 746FY0 2,000 UNISOURCE ENERGY CORP HLDGS CO 36.37000 72,840.00 DONE AT J.P. MORGAN SECURITI

IES, INC. -700 AMERICAN FINL GROUP INC 51.47925 DONE AT EDGETRADE.COM INC. -2,000 RPM INCORPORATED 20.09970 DONE AT EDGETRADE.COM INC. -900 CMS ENERGY CORP 15.24000 DONE AT EDGETRADE.COM INC. -1,300 PPL CORP 33.99000 DONE AT EDGETRADE.COM INC. S/D FINANCING RETURN 7,083.29 FROM 746FY0 TO 2F8EE0

01 07/26 JOURNAL 01 07/26 JOURNAL 01 07/26 WIRED 03 07/26 JOURNAL 03 07/26 SOLD 01 07/27 JOURNAL 01 07/27 JOURNAL QUANTITY DESCRIPTION -283 PPL CORP DONE AT EDGETRADE.COM INC. -977 SUPERVALU INC CORRECTION DONE AT EDGETRADE.COM INC. S/D FINANCING RETURN FROM 746FY0 TO 2F8EE0 S/D FINANCING FR

746FY0 283 PPL CORP OFFSHORE ARRANGING FLIP TO 736FY0 FROM 746FY0 -2,300 RPM INCORPORATED DONE AT EXBKR/CUTTONE & CO, EFTA01593271 INC. -800 CMS ENERGY CORP DONE AT CSSU EXECUTION OMNIBUS/0355 13.44100 10,746.46 18.36890 42,224.17 9,423.13 29,992.49 10,746.46 42,224.17 17.59600 44,003.75 46,193

4,840 PPL CORP OFFSHORE ARRANGING FLIP TO 736FY0 FROM 746FY0 -650 RPM INCORPORATED DONE AT EDGETRADE.COM INC. 6,200 TJX COMPANIES INC NEW 4,840 PPL CORP 24.41020 DONE AT EDGETRADE.COM INC. 29.06810 DONE AT EDGETRADE.COM INC. EFTA01593368 S/D FINANCING RETURN FROM 746FY0 TO 2F8EE0 FUNDS RECEIV

700 CSX CORPORATION OFFSHORE ARRANGING FLIP TO 736FY0 FROM 746FY0 800 DUKE ENERGY HLDG CORP OFFSHORE ARRANGING FLIP TO 736FY0 FROM 746FY0 1,300 CMS ENERGY CORP DONE AT EXBKR/CUTTONE & CO, INC. -800 DUKE ENERGY HLDG CORP CORRECTION DONE AT EDGETRADE.COM INC. 800 CMS ENERGY CORP -700 CSX CORPORATION DONE

TO MARKET MARK TO MARKET FUNDS PAID BY WIRE WIRE TO CITIBANK FUT MGN MARK TO MARKET -37,214 PPL CORP CLOSE SHORT VS BOX MARK TO MARKET 37,214 PPL CORP CLOSE SHORT VS BOX MARK TO MARKET MARK TO MARKET -5,000 RPM INCORPORATED OFFSHORE ARRANGING FLIP TO 736FY0 FROM 746FY0 -5,500 CENTERPOINT ENER

03 03 03 03 03 03 03 03 03 01 01 01 33,810 (S) AMERICAN FINL GROUP INC *CSSU RATING 18,824 (S) CBRL GROUP INC *CSSU RATING 62,267 (S) CMS ENERGY CORP 33,838 (S) CSX CORPORATION *CSSU RATING *CSSU RATING 12,981 (S) EDO CORPORATION *CSSU RATING 2,000,000 3,000,000 700,000 :OUTPERFORM INDEPEND

) HCC INSURANCE HOLDINGS INC 1,103 (S) MASCO CORP :UNDERPERFORM INDEPENDENT RATING:4 STAR - Accumulate EFTA01593863 PROVIDER:Standard & Poor's PPL CORP 35.84000 35.84000 20.89000 1,333,749.76 1,333,749.761,389,122.3340,935.40 40,935.4046,547.903.069 3.069 3.351 32.09000 29.87000 2,341,286.

03 03 03 03 03 03 03 03 03 01 03 03 33,810 (S) AMERICAN FINL GROUP INC *CSSU RATING 16,874 (S) CBRL GROUP INC *CSSU RATING 62,267 (S) CMS ENERGY CORP 33,438 (S) CSX CORPORATION *CSSU RATING *CSSU RATING 12,981 (S) EDO CORPORATION *CSSU RATING *CSSU RATING 37,214 37,214 (S) PPL CORP 66,497

P 29.87000 32,946.61- 970.64- 2.946 01 37,214 *CSSU RATING :UNDERPERFORM INDEPENDENT RATING:4 STAR - Accumulate PROVIDER:Standard & Poor's PPL CORP 35.84000 1,333,749.76 40,935.40 3.069 03 37,214 (S) PPL CORP 35.84000 1,333,749.76- 40,935.40- 3.069 03 66,497 (S) RPM INCORPORATED

NC 44.76000 755,280.24- 9,449.44- 1.251 03 62,267 (S) *CSSU RATING :NOT RATED INDEPENDENT RATING:3 STAR - Hold PROVIDER:Standard & Poor's CMS ENERGY CORP 16.70000 1,039,858.90- 03 33,438 (S) CSX CORPORATION 34.43000 1,151,270.34- 13,375.20- 1.162 03 51,450 (S) *CSSU RATING :OUTPERFORM IN

IS) MASCO CORP 29.64000 154,809.72- *CSSU RATING :NEUTRAL INDEPENDENT RATING:4 STAR - Accumulate PROVIDER:Standard 6 Poor's 03 110,982 IS) PPL CORP 32.30000 3,584,718.60- 03 57,340 (S) RPM INCORPORATED 18.00000 1,032,120.00- 03 7,330 IS) SUPERVALU INC 30.70000 225,031.00- 03 12,476

OD PAGE 20ST UNDISCLOSED 06/01/06 TO 06/30/06 18 OF 20 TYPE LONG OR SHORT(S) PORTFOLIO DESCRIPTION PRICE MARKET VALUE 03 56,067 (S) CMS ENERGY CORP 12.94000 725,506.98- 03 15,379 IS) CSX CORPORATION 70.44000 1,083,296.76- 'CSSU RATING :OUTPERFORM INDEPENDENT RATING:3 STAR - Hold PROVIDE