Epstein Secrets

A 30YR TBA GTD -15.000.000 100.21875 15,032,812.50 SETT, 07/05 PO3111110.16 AS OF TO CXL PREVIOUS BUY 07/14/05 05/06/05 SOLD FNMA 30YR TBA GM -30.000.000 98.51953 29,555,859.38 SETT, 07/05 DUE RUE # 07/14/05 06/03/05 CANCEL SELL FNMA 30 YR GTD 50.000.000 102.79688 51.398.437.50

PREVIOUS SELL 09114/05 08/19/05 SOLD FNMA-30YR(FNMAJGTD -50,000,000 98.55078 49,275,390.63 SETT,09tOS REF REF # 09/20/05 09/15/05 SOLD FANNIE MAE CMOSERIES 2003-13 -23,543,127 9.87500 2,324,883.79 S FLTR ACCR. INT. 71,26210 WEFEctillailla BS As 09/20/05 09/15/05 SOLD FEDERAL NATIONAL MTG AS

/06/05 CANCEL BUY 07/14/05 06/03105 SOLD 07/15/05 07/14/05 SOLD 07/15/05 JOURNAL 07/15/05 JOURNAL 07/18/05 JOURNAL GUMPTION FNMA 30 YR GM SETT, 07/05 06.000% 7070000 BS AS OF 06/03105 TO CR PREVIOUS SELL FNMA 30 YR GM SETT, 07/05 100/0006,0034 57180000 BS AS OF 0510005 TO CxL

ERIOD SEDIETtet 1.2005 THROUGH September 30.2005 ACCOUNT NUMBER TAXPAYER IMMER On File LAST STATEMENT August 31.2005 DEIST AMOUNT mac AnouNr FANNIE MAE CMOSERIES 2003-13 S RCR-NO FLTR 111.1104.3" 7240000 BS FEDERAL NATIONAL MTG ASSN SERIES 2003-49 CLASS SW 110.03.3" 7230000 BS FANNIE MAE CMCvSERIES 200

03/14/05 02/03/05 CANCEL SELL 03/14/05 02/10/05 CANCEL SELL 03/14/05 03/01/05 CANCEL SELL 03/14/05 02/17/05 BOUGHT OESCRPTION FNMA 30YR. GM s SEIT, 03/05 05.500% 7590000 AS OF 03103/05 TO CM. PREVIOUS SELL FNMA 30YR. GM SETT, 03/05 immo 05,500% 57110000 FNMA 30YR. GM iimos SETT,

VERNMENT NATIONAL MTG ASSN 4.3510 80,146.94 SERIES 2004-5 CLASS PS DUE 02/20/2033 4,351 INT RID 02-05 PA) 03-20-05 REPO P 8I 49518 03/28/05 FANNIE MAE CMOSERIES 2003-13 5.3500 120,062.77 S RCA-I/0 RTR DUE 03/25/2033 5950 INT RID 02-05 PA) 03-25-05 REPO P 8I 59500 03/28/05 FEDERAL NATIONAL MTG ASSN