CLEARED THROUGH lis »sew, Ow.ED SUBSIDIARY BEAR STD;RNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New YY New York 10167 19 Trades Executed Pending Settlement (continued) Beer. SZen•ns Off. Cr.* Metroleen Corder North Beccidp. New rak 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD AWL! 28.2001 THROUGH May 25.2001 ACCOUNT NUMBER TAXPAYER NUMBER LAST STATEMENT 4n1 27,2001 SUREMENT DATE TRADE DATE TRANSACTION USCRIPTIEN SYMBOUCUMP OUNVTITY PRICE DEBIT AMOUNT CREPT puNT 05/30/01 05/24/01 BOUGHT AMERICAN EAGLE OUTFITTERS INC AEOS 2,500.00 36.9075 92,283.75 NEW 05/30/01 05/24/01 SOLD CAPSTONE TURBINE CORP CPST -2,650.00 33S757 89,752.61 05/30/01 05/24/01 SOLD INRANGE TECHNOLOGIES CORP INRG -1,800.00 19.7680 35,566.21 CL 8 05/30/01 05/24/01 SOLD KOHIS CORP KSS -1.600.00 65.2000 104.189.52 05/30/01 05124/01 SOLD OUIKSILVER INC ZOK -1.200.00 27.1709 32.516.99 05/30/01 05/24/01 SOLD SPX CORP SPAN -900.00 118.0958 106.204.67 05/30/01 05/24/01 BOUGHT TALBOTS INC TLB 1.500.00 37.5035 56,375.25 05/30/01 05124/01 SOLD TIMBERLAND CO-CL A T8L -400.00 48.7449 19.458.31 05/30/01 05/24/01 SOLD X0 COMMUNICATIONS INC a A XOXO -16.000.00 3.6244 57.973.46 05/31/01 05125101 SOLD CAPSTONE TURBINE CORP CPST -1.350.00 35S125 48.330.26 05/31/01 05125101 SOLD KENNETH COLE PRODUCTIONS INC KCP -1.900.00 32.5312 61.678.21 CL A 05/31/01 05125101 SOLD INRANGE TECHNOLOGIES CORP INRG -2.100.00 20.1700 42.340.58 CL 8 05/31/01 05125/01 SOLD NAUTICA ENTERPRISES INC NAUT -1.300.00 19S320 25.505.74 05/31/01 05/25/01 BOUGHT TALBOTS INC TLB 1,850.00 36.9817 68,542.15 osavoi 05/25/01 SOLD TIMBERLAND CO-CL A T8L -200.00 48.2944 9,631.55 TOTAL $514,709.40 $928,708.50 The above woos do nol apgdar la wry who, swoon of Mb staiamone 027 0624101:12:10 001 1470 EFTA00198318

CLEARED THROUGH nS WHOU.Y OWNED SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOLM Bear. Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 BNB. 5148MS SOPPIORS CNO Ono Mettotech Cenler North Elrecklin. New Ywk 1120/3859 INSTITUTIONAL INTERESTS STATEMENT PERKO Muth 31.2001 THROUGH April 27.2001 What's In This Statement 11111111111111111 I I ACCOLNT NUMBER TAXPAYER NUMBER LAST STATEMENT March 30.2001 Financial Summary 3 INSTITUTIONAL INTERESTS Your Portfolio Holdings 4 CIO FINANCIAL TRUST COMPANY Transaction Detail 8 ATTN LARRY KEMP Fund Activity 19 Trades Not Yet Settled 21 Your Portfolio at a Glance Market Value of Your Portfolio $3.563.651 TOTAL VALUE OF SECURITIES THIS PERM 15.071.905 Cash Enurelent —S2.058,864 NET CREDIT BALANCE 908.047 Equities $15.071.905 MONEY MARKET FUND BALANCE 2.655.604 ... ..... $15.339.410 Current market value NET EQUITY Tits PERIOD $18.635.556 IN Last statements market value NET EOUITY LAST STATEMENT 17,398.274 CHANGE SINCE LAST STATEMENT 1.237.282 There are no 'Stop Lose orders or other pending buy or sell open orders on file for your account. SIK TAs wormy 10141140, 104n41proposes **els not "loaded n a Um docueort Tres Ratan geoid he retained ex your records Sn revers* igle let merlon egormaton 027 DA,28,01:18:46 001 Y471 EFTA00198319

CLEARED 1HRCO3H nS WHOLLY OWNED SUBSIDIARY BOW. SOMAS SOMAIR4 COO. Ono Llevotech Center Hann BreaIgn. Hew Vatic I120I.38S9 INSTITUTIONAL INTERESTS 2 of 21 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 04,28,01:18:46 DOI V471 EFTA00198320

CLEARED 1HRWGH ITS vniCtLY OUBE0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 3 C/ zl Cash Flow Analysis THIS PEFICO Income Summary TIC PERIOD YEAR TO DATE Beer. Szea•ns S0Cvetel Cap. Ore Maelech Conte North accede. New Toe 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH *X27.2001 ACCCUNT NUMBER TAXPAYER MAWR LAST STATEMENT MVO 30.2001 Opening Balance $913.098.51 Dividends 15,296.15 57,717.04 Substitute Payment 0.00 630.00 Securities Sold 4,989,996.61 Credit Balance Int. 3.594.16 25,097.25 Money Fund 2,359,838.65 Total $18,890.31 $83,444.29 Dividends/Interest 9,051.66 Shod Dividends 0.00 -144.50 Amount Credited $7,358,886.92 Foreign Tax Withheld 0.00 -156.00 Securities Bought 4,481,149.37 Margin Int. Paid -47.91 -47.91 Money Fund 4,859,838.65 Funds Withdrawn -21,752.56 Dividendsdnterest Charged -47.91 Portfolio Composition Miscellaneous -1,150.00 CashiCash Equivalent 3.563.651 Amount Debited 8-7.363.938.49 Equities 15.071.905 Your Portfolio Net Cash Activity -5.051.57 Total $18.635,556 Allocation Closing Balance $908.046.94 Cash Balance Summary Ont. AG CLOSPKI Cash 46.515.77 88,716.86 Mar9n 866.582.74 819,330.08 Net Cash Balance $913.098.51 $908,046.94 027 Cash & Equivalent 20% Unkead ;omens oeno* oar Deena eat, shoe mane vote, Re elorene Re venua to Oo•ued Man to ,baste market et), 01 Nv pekoe 042801:18:48 001 Yell EFTA00198321

CLEARED THROUGH ITS YriseklY OtW.ED SUBSIDIARY BEAR STD;RNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New YY New York 10167 4 Beer. Stetrns Off. CeoLlevolech Conte< North Brock/pl. New rak 11201.2819 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 Your Portfolio Holdings THROUGH ACCOUNT NUMBER *11 27.2001 CASH & CASH EQUIVALENTS TAXPAYER NUUMER LAST STATEMENT Mardi 30.2001 MARKET ESTIMATED DESORPTION SWOOLOUSP OUANTITT PACE VALUE ANNUAL NOOLIE CASH BALANCE 908.047 THE TREASURERS FUND INC GTD)0( 2,655,603.50 1.0000 2.655.604 108.880 DOMESTIC PRIME MrM PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $3,563,651 $108,880 EQUITIES Equities & Options ACCT MARKET (STEWED CURFENT DESCRinON MIBOL.WSIP TYPE crummy PRCE YU-LE ANT." INCOME YEW AO ABERCROMBIE & FITCH CO-CL A »IF MRGN 8,800 34.1100 300,168 ACTV INC IAN MRGN 22,300 3.3500 74,705 ALLEGIANCE TELECOM INC ALGX MRGN 11,300 15.7700 178,201 APPLIED MICRO CIRCUITS CORP AMCC MRGN 2,250 22.9500 51,638 ADELPHLA BUSINESS SOLUTIONS ABIZ MRGN 52,200 4.3500 227,070 INC CL A AT&T CORP LIBERTY MEDIA GROUP LMGA MRGN 37,800 15.5000 585,900 SER A AMERICAN EAGLE OUTFITTERS INC AEOS MRGN 16,550 37.0400 613,012 NEW AMR CORP-DEL AMR MRGN 7.550 37.7400 284,937 ADELPHLA COMMUNICATIONS CORP ADLAC MRGN 18.154 35.4900 644.285 CL A ALASKA AIR GROUP INC AIX MRGN 6.200 28.2900 175.398 AMERICAN EXPRESS COMPANY AXP MRGN 4.400 43.7400 192.456 1.408 0.7316 BEVERLY ENTERPRISES INC NEW BEV MRGN 36.900 7.4400 274.536 027 04428.01:18:48 001 V471 EFTA00198322

CLEARED 1HRWGH ?RIMY 0"E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 5 Your Portfolio Holdings (continued) Equities & Options (continued) DESCRPTION SYMECL (Lb IP ACCT 119E DUANTITT PRCE MARKET VALLE ESTRUM) ANMJAL INCOME CURRENT YELD BAFIR LABORATORIES INC BRL MRGN 3,000 55.7500 167,250 CHILDRENS PLACE RETAIL STORES PLC,E CASH 7,950 23.1500 184,043 INC CASUAL MALE CORP MASS CMAL MRGN 15,000 2.1600 32,400 900 2.7778 CARNIVAL CORP-CL A CCL MRGN 9,300 26.0100 241,893 3.906 1.6148 KENNETH COLE PRODUCTIONS INC KCP MRGN 3,200 30.0500 96,160 CL A CONTINENTAL AIRLINES INC-CL B CAL MRGN 1,900 51.6100 98,059 DMC STRATEX NETWORKS INC STXN MRGN 7.300 7.2900 53.217 ELECTRIC LIGHTWAVE INC-CL A ELIX MRGN 51.100 2.6800 136.948 B F GOODRICH CO GR MRGN 11.100 40.2100 446,331 12.210 2.7356 PUT GOODRICH B F MAY 030 C80E GROF MRGN 70 0.2000 1,400 Be 05n9i2001 ITT INDUSTRIES INC ITT MRGN 8.200 44.9000 368.180 4.920 1.3363 I-MANY INC IMNY MRGN 40.900 12.3800 506.342 INRANGE TECHNOLOGIES CORP INRG MRGN 30.800 14.9300 459.844 CL B HCA-HEALTHCARE CO HCA MRGN 12,100 38.0600 460,526 968 0.2102 HARRIS CORP-DEL HRS MRGN 9,350 27.5500 257.593 1.870 0.7260 HEALTH MANAGEMENT ASSOCIATES HMA MRGN 16.150 17.4400 281.656 INC NEW-CL A JDS UNIPHASE CORP JDSU MRGN 1,450 19.2600 27.927 COM JONESAPPAREL GROUP INC JNY MRGN 4,100 39.0000 159,900 K MART CORP KM MRGN 22.700 9.8200 222,914 Beer. SZeirhs SOC,r44,1 COO. 0-41km:tech Center North Beccidon. New Year 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH *11 27.2001 ACCCUNT NUMBER TAXPAYER WESER LAST STATEMENT Mardi 30.2001 027 0428.0I :IS:4B DOI V471 EFTA00198323

CLEARED 1HRCOGH OS vrHO4AY OtW.E0 SUBSIDIARY BEAR STD;RNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New YY New York 10167 6 Your Portfolio Holdings (continued) Equities & Options (continued) DESORPTION maw. 0..b IP ACCT TIPS ouurm PACE MARKET VALLE ESTIMATED ANNUAL INCOME CUPREM TIRO N LYONDELL CHEMICAL COMPANY LYO MRGN 7,000 15.8800 111,160 6.300 5.6675 MCLEODUSA INC-CL A MCLD MRGN 28.950 8.7300 252.734 FORMERLY MCLEOD INC MILLENNIUM CHEMICALS INC MCH MRGN 10.400 16.5200 171.808 5.616 3.2688 METROMEDIA FIBER NETWORK INC MFNX MRGN 35.000 4.7500 166,250 CL MCKESSON HBOC INC MCK MRGN 12.000 27.2100 326.520 2.880 0.8820 COM MARSH & MCLENNAN COMPANIES INC MMC MRGN 1.450 98.3700 142.637 2.900 2.0331 METHANEX CORP MEOH MRGN 16.300 8.1200 132.356 NOVA CHEMICALS CORP NC% MRGN 5.100 21.8400 111.384 861 0.7730 NAUTICA ENTERPRISES INC NAUT MRGN 11.450 18.5600 x,512 NORTHWEST AIRLINES CORP NWAC MRGN 3.000 25.1200 75.360 POLO RALPH LAUREN CORP-CL A RL MRGN 3.804 26.4800 100.730 ORION POWER HOLDINGS INC ORN MRGN 7.000 32.2000 225.400 PACIFIC SUNWEAR OF CALIFORNIA PSUN MRGN 6,450 27.8000 179.310 INC OUIKSILVER INC ZOIC MRGN 17.392 26.5400 461.584 REMEC INC REMC MRGN 18.250 10.7600 196.370 SCI SYSTEMS INC SCI MRGN 4,050 24.6500 99.833 SPX CORP SPW MRGN 4,050 111.0500 449,753 SOLUTIA INC SOI MRGN 7,800 13.2800 103,584 312 0.3012 SPECTRASITE HOLDINGS INC SITE MRGN 36,300 9.1000 330,330 SENSORMATIC ELECTRONICS CORP SRM MRGN 8,950 15.0500 134.698 SOUTHWEST AIRLINES CO LUV MRGN 10.200 18.4200 187.884 184 0.0979 Beer. SZetrns SOC,,,I.P1 Off. Ore Metsolech Conte< North Beccidp. New Yak 11201.2819 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH April 27.2001 ACCOUNT NUMBER TAXPAYER AMMER LAST STATEMENT March 30.2001 027 041.28.01:18:48 001 V471 EFTA00198324

CLEARED THROUGH ITS ~GUY Ot1t•ED SUBSIDIARY BEAR STD;RNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New YY New York 10167 7 Your Portfolio Holdings (continued) Equities & Options (continued) DESORPTION maw. 0..b IP ACCT 111:E ~um MARKET PRCE VALUE ESTIMATED ANNUAL INCOME CURFEW YELD N TYCO INTERNATIONAL LTD NC MRGN 11,300 53.7700 607,601 565 0.0930 TIME WARNER TELECOM INC TWTC MRGN 3,900 48.1500 187,785 CLASS A TIBCO SOFTWARE INC TIBX MRGN 15,000 11.0700 166,050 TENET HEALTHCARE CORP THC MRGN 9,250 44.4200 410,885 TRANSWITCH CORP TXCC MRGN 6.600 15.8100 104.346 TIMBERLAND CO-CL A TBL MRGN 13.550 46.8000 634.140 UNITEDGLOBALCOM UCOMA MRGN 17.050 15.3900 262.400 CL A USA NETWORKS INC USAI MRGN 5.400 24.0100 129,654 UNITED RETAIL GROUP INC URGI MRGN 16.700 7.4500 124,415 UNIVERSAL HEALTH SERVICES INC UHS MRGN 3.200 87.2900 279,328 CL B VITRA TECHNOLOGY INC VITR MRGN 28.350 4.5000 127.575 COM X0 COMMUNICATIONS INC X0X0 MRGN 16.000 3.7900 60.640 CL A Total Equities& Options $15.071,905 $45.800 TOTAL EQUITIES $15.071,905 $45.800 YOUR TOTAL ESTIMATED ANNUAL INCOME $154,680 YOUR PRICEDPORTFOLIOHOLDINGS $18,635,555 Beer. SZetrns SOC,,,I.P1 Ø. CeoLlevolech Conte< North Brock/pl. New Yak 11201.2819 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH April 27.2001 ACCOUNT NUMBER TAXPAYER AMBER LAST STATEMENT Mardi 30.2001 027 04/20.01:18:48 001 V471 EFTA00198325

CLEARED THROUGH NS vniotiv OMNE0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Path Avenue New York, New York 10167 8 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT DATE 04/02/01 TRADE DATE 03/28/01 TRANSACTION SOLD DESORPTION OUIKSILVER INC EXECUTION BY BUCK COMMISSION 60.00 SEC FEE .92 SPECTRASITE HOLDINGS INC EXECUTION BY FBCO tlallIk uttocaltlifES luc EXECUTION BY BUCK COMMISSION 114,00 KENNETH COLE PRODUCTIONS INC CL A EXECUTION BY BUCK COMMISSION 120,00 FOOTSTAR INC EXECUTION BY BUCK COMMISSION 210,00 SEC FEE 4.69 INRANGE TECHNOLOGIES CORP CL EXECUTION BY SBSH SYMBOL:VAS, ZOK CUANTITY PRICE -1,000 27.40500 Beer. SZeirns SON, t4,1 GNP. Ore Mem:tech Contm North Beccidon. New VC* 112013859 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH *11 27.2001 ACCCUNT NUMBER TAXPAYER NLAMER LAST STATEMENT Mardi 30.2001 DEBIT AMOUNT OREM AMOUNT 27,329.08 04/02/01 03/28/01 BOUGHT tarnitn oiekei tou6HY SITE 8.450 4.51980 1.900 56.66&to 38.20731 107.7atta 04/03/01 03/29/01 BOUGHT KCP 2.000 24.20500 48.545.00 04/03/01 03/29/01 SOLD EIS .3.500 40.13790 140.252.97 04/04/01 03/30/01 BOUGHT INRG 4.400 7.65830 33.711.52 04/04/01 03/30/01 SOLD VENATOR GROUP INC EXECUTION BY VKCO COMMISSION 105,00 SEC FEE ,70 FOOTSTAR INC EXECUTION BY VKCO COMMISSION 11260 SEC FEE 2.16 VENATOR GROUP INC EXECUTION BY VKCO COMMISSION 220,50 SEC FEE 1,42 ADELPHIA COMMUNICATIONS CORP CL A EXECUTION BY JPHO SEC FEE 3.47 Z 1.500 13.81910 20.607.95 04/0591 04/02/01 SOLD FTS .1 .600 40.33610 64.408.60 04/05/01 04/02/01 SOLD 3.150 13.46930 42.191.38 04/06/01 04/03/01 SOLD AOLAC -2,800 37.11250 103,896.53 027 0448.01:18:46 001 V471 EFTA00198326

CLEARED THRWGH ITS ?RIMY CAM.EO SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 9 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACT/DM 04/06/01 04/03/01 BOUGHT DESCRIPTION BEVERLY ENTERPRISES INC NEW AVG PRICE SHOWN-DETALS ON REO ACTUAL CCHFIRM TO YOUR AGENT AS OF 04103/01 SYMBOUCUS, BEV CUANillY 3.650 PRICE 6.03980 Beer. &towns soompt, Dap. CeoLlevalech Cantm North Beccidon. New VC* 11201 3855 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH *11 27.2001 ACCCUNT NUMBER TAXPAYER KAMER LAST STATEMENT Mardi 30.2001 DEED AMOUNT 22,300.77 GRECO' MONO 04/06/01 04/03/01 SOLD COMPAQ COMPUTER CORP EXECUTION BY OPCO COMMISSION 322.00 SEC FEE 2.63 EXODUS COMMUNICATIONS INC EXECUTION BY 1WPT SEC FEE 1.57 GATEWAY INC EXECUTION BY DIAN COMMISSION 48390 SEC FEE 3.49 HARRIS CORP-DEL WITH RIGHTS TO PURCHASE PREFRD STK UDDER CERTAIN CIRCUMSTANCE EXECUTION BY GKMC COMMISSION 21080 SEC FEE 2.12 NVIDLA CORP EXECUTION BY RSSF SEC FEE 6.93 SCI SYSTEMS INC EXECUTION BY FAHN COMMISSION 28380 SEC FEE 2.26 STMICROELECTRONICS NV NY REGISTRY SHS EXECUTION BY MSCO COMMISSION 364.00 SEC FEE 5.62 SPECTRASITE HOLDINGS INC EXECUTION BY MS00 CPO -4.600 17.11010 78,366.83 04/06/01 04/03/01 SOLD EXOS -6,250 7.50000 46.858.43 04/06/01 04/03/01 SOLD GTO/ -6,900 15.14020 103.965.89 04/06/01 04/03/01 SOLD HRS -3.000 21.16451 63.266.40 04/06/01 04/03/01 SOLD NVDA -3.250 63.93750 207.774.95 04/06/01 04/03/01 SOLD SCI -4.050 16.73530 67.477.21 04/06/01 04/03/01 SOLD STM -5.200 32.37740 167.977.86 04/06/01 04/03/01 BOUGHT SITE 5.050 820310 16,190.66 027 042601a:46 001 V471 EFTA00198327

CLEARED THROUGH DS vngX1Y OME0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 Beer. SZeirns SON•444 COP Ore Mevolech Contof North Beano. New Tots 11201.3859 INSTITUTIONAL INTERESTS 10 CI 21 STATEMENT PERIOD March 31.2001 THROUGH *1127.2001 Transaction Detail (continued) ACCCCNT NUMBER TAXPAYER WIPER INVESTMENT ACTIVITY (continued) LAST STATEMENT Muth 30.2001 SETTLEMENT TRADE DATE DATE TRANSACT/ON DESORPTION STME/OLOUSJP CLANTO, PRICE OBIT AMOUNT OREM MA3UNT 04/06/01 04/03/01 SOLD SENSORMADC ELECTRONICS CORP SRM 6.100 18.34500 111,458.76 EXECUTION BY RYAN COMMISSION 427,00 SEC FEE 3.74 04/06/01 04/03/01 SOLD TEXAS INSTRUMENTS INC TIN -1.900 27.00000 51.150.29 SEE NOTE '5° ON BACK EXECUTION BY FBCO COMMISSION 133,00 SEC FEE 1.71 04/06/01 04/03/01 SOLD USA NETWORKS INC USAI -5,400 23.15310 125,007.57 EXECUTION BY SITSH SEC FEE 4.17 04/06/01 04/03/01 SOLD VITESSE SEMICONDUCTOR CORP VTSS -2,300 20.00000 45.983.46 EXECUTION BY FBCO SEC FEE 1.54 04/09/01 04/04/01 SOLD APPUED MATERIALS INC AMAT -1.600 37.93750 60.682.97 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF SEC FEE 2.03 04/09/01 04/04/01 BOUGHT LYONDELL CHEMICAL COMPANY LYO 7.000 14.48720 101.915.40 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BARD COMMISSION 490,00 04/09/01 04/04/01 SOLD POLO RALPH LAUREN CORP-CL A RL -2.500 25.99970 64.832.08 EXECUTION BY BUCK COMMISSION 150,00 SEC FEE 2.17 roam i "'' 317647761— 'A'dui;HY YRIV1171,15"ffEL 45.50000 4.17.bb EXECUTION BY BUCK COMMISSION 12.00 SaiYS i "'' 3171E6i ""'A'd''''' ISZVEND"REIVITECIRE'llgW so 5.60000 027 042801:18:48 001 EFTA00198328

CLEARED THROWN ITS ?RIMY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) Beer. Szeiree Secvehti COO. 0 -41km:tech Center North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH P01 27.2001 ACCCUNT rammer, TAXPAYER K1. ER LAST STATEMENT MEYER 30.2001 SETTLEMENT TRADE DATE DATE TRANSACT/ ON DESORPTION STMETWOUSIP CUANNIY PRCE DEBIT AMOUNT 04/10/01 04/05/01 BOUGHT SOLUTIA INC SCR 1.800 12.45630 22,54424 EXECUTION BY BUCK COMMISSION 108,00 /1 1 61 WANdi4Y PrdYKAMYETtbroWAC b4/11/61 64tekw6 I toil EXECUTION BY WET COMMISSION 396,00 MIttintoKIEUE BFAtircabtA EXECUTION BY BUCK COMMISSION 360,00 SEC FEE 6.91 COMPACT COMPUTER CORP CPO .4.600 16.38330 76023.66 EXECUTION BY DRAB COMMISSION 322,00 SEC FEE 2.52 DELL COMPUTER CORP DELL .11.500 24.79170 286080.04 EXECUTION BY RSSF SEC FEE 9.51 ABERCROMBIE & FITCH CD-CL A EXECUTION BY BUCK COMMISSION 45.00 SEC FEE .87 ABERCROMBIE 8 FITCH CO-CL A EXECUTION BY BUCK COMMISSION 54,00 SEC FEE 1.09 AS OF 04110/01 AN? 1 ' 3.27560 CFE01 A/hOcter 4.6o° 34.51040 206680.49 04/11/01 04/06/01 SOLD 04/11/01 04/06101 SOLD 04/12/01 04/09/01 SOLD ANF .750 34.61790 25.902.56 04/16/01 04/10/01 SOLD ANF -900 36.06680 32.390.03 04/16/01 04/10/01 SOLD APPUED MICRO CIRCUITS CORP AMCC .2.700 16.34400 44.112.32 EXECUTION BY FBCO SEC FEE 1.48 ANALOG DEVICES INC ADI .2.300 34.96670 80.244.72 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RYAN COMMISSION 161,00 SEC FEE 2.69 04/16/01 04/10/01 SOLD 027 042801:18:46 001 V471 EFTA00198329

CLEARED THRWGH ITS ?RIMY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE TRADE DATE TRANSACTION DESORPTION SYMBOLCUISC CVAAITITY PRICE DEBIT AMOUNT CROW AMOUNT 04/16/01 04/10/01 SOLD 12 TECHNOLOGIES INC IMO -3.100 20.44500 63,36238 EXECUTION BY COWN SEC FEE 2.12 t1 1 (1 61 WEgAINNErdtteas t 38.91580 34. 5.05 EXECUTION BY BMUR COMMISSION 63.00 SEC FEE 1.17 04/16/01 04/10/01 SOLD PACIFIC SUNWEAR OF CAUFORN1A PSUN -1,550 28.24000 43.755.54 INC EXECUTION BY RHCO SEC FEE 1.46 04/16/01 04/10/01 SOLD VITESSE SEMICONDUCTOR CORP VISS -1,300 21.23000 27.583.08 EXECUTION BY COWN SEC FEE .92 04/17/01 04/11/01 SOLD APPUED MICRO CIRCUITS CORP AMC -1,100 21.24330 23.351.85 EXECUTION BY FBCO SEC FEE .78 04117/01 04111/01 SOLD ANALOG DEVICES INC AD1 -1,550 39.58750 61.235.08 WITH RIGHTS TO PURCHASE COMMON SW UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FBWA COMMISSION 108.50 SEC FEE 2.05 04/17/01 04/11/01 SOLD APPUED MATERIALS INC AMAT -700 48.00000 33.583.88 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF SEC FEE 1.12 04/17/01 04/11/01 SOLD EMC CORP-MASS EMC -2.500 34.21200 85.362.14 SEE NOTE '51 ON BACK EXECUTION BY BUCK COMMISSION 150.00 Beer. SZeirns SON, t4,1 COO. Cc* Mevolech Contm North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH Aor1127.2001 ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT Mardi 30.2001 SEC FEE 2.86 027 042601:10:413 DOI V471 EFTA00198330

CLEARED 1HRWGH ns niCkLY OtM.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 13 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 04/17/01 TRADE DATE TRANSACTION 04/11/01 SOLD DESORPTION MICRON TECHNOLOGY INC EXECUTION BY FBWA COMMISSION 101(60 SEC FEE 2.08 RESEARCH IN MOTION LTD NEW EXECUTION BY INCA COMMISSION 219.00 SEC FEE 6.63 AS OF 04/11/01 SITIBOLCUSIP MU CVANillY viva 1.450 42.95000 Beer. SZeirns S0N, t4,1 Dap. Ore Metsolech Cella North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH *11 27.2001 ACCCUNT NUMBER TAXPAYER KAMER LAST STATEMENT Mardi 30.2001 DEBIT AMOUNT CREDIT AhOMT 62,158.92 04/17/01 04/11/01 SOLD RIMM -7.300 26.83100 195625.77 04/17/01 04/11/01 SOLD TEXAS INSTRUMENTS INC SEE NOTE'S' ON BACK EXECUTION BY FBWA COMMISSION 56.00 SEC FEE .92 TRANSWITCH CORP EXECUTION BY FBCO SEC FEE 1.08 VITESSE SEMICONDUCTOR CORP EXECUTION BY FBCO SEC FEE .60 WEBMETHODS INC EXECUTION BY IWPT SEC FEE 1.25 CHILDRENS PLACE RETAIL STORES NC EXECUTION BY RHO SEC FEE 1.41 APPUED MATERIALS INC WITH RIGHTS TO PURCHASE COMMON SIX UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF SEC FEE 1.65 BARR LABORATORIES INC AS OF 04/12/01 T) -800 34.15000 27.248.08 04/17/01 04/11/01 SOLD TXCC -2.200 14.64580 32.204.68 04/17/01 04/11/01 SOLD VTSS -700 25.53000 17.855.40 04/17/01 04/11/01 SOLD WEBM -1.400 26.75000 37.433.75 04/18/01 04/12/01 SOLD PLCE 1.950 21.65000 42.201.09 04/18/01 04/12/01 SOLD AMA! -1.000 49.50000 49.483.35 04/18/01 04/12/01 BOUGHT SRL 1.100 53.94800 59,419.80 027 04,2601:18:46 001 V471 EFTA00198331

CLEARED THROWN ITS ?RIMY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New York. New York 10167 14 u121 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE TRADE DATE TRANSACTION DESCRIPTION SYMBOL:CUSP GUMMY PRICE DEBIT AMOUNT CREPT MAO 4T 04/18/01 04/12/01 SOLD EXODUS COMMUNICATIONS INC EXDS -12,650 8.09550 102,389.66 EXECUTION BY FBCO SEC FEE 3.42 bkiitrbi 64ti tritS M NoN 1014606/ -700 46.28600 32.350.11 AS OF 04112)01 04/18/01 04/12/01 BOUGHT PACIFIC SUNWEAR OF CALIFORNIA PSUN 6.450 22.64170 146,053.97 INC EXECUTION BY RSSF 04/18/01 04/12/01 BOUGHT OUIKSILVER INC ZOK 950 23.44890 22,348.46 EXECUTION BY BUCK COMMISSION 67.00 04/18/01 04/12/01 BOUGHT TIMBERLAND CO-CL A TEIL 1.400 46.10120 64.640.68 EXECUTION BY BUCK COMMISSION 84.00 04/19/01 04/16/01 BOUGHT K MART CORP KM 3.650 8.87750 32.600.38 EXECUTION BY BUCK COMMISSION 182,50 04/19/01 04/16/01 BOUGHT POLO RALPH LAUREN CORP-CL A RL 2,000 22.49270 45,120.40 EXECUTION BY BUCK COMMISSION 120,00 04/19/01 04/16/01 SOLD WEBMETHODS INC WEBM -2.500 28.44700 71.100.12 EXECUTION BY TWPT SEC FEE 2.38 04/20/01 04/17/01 BOUGHT NOVA CHEMICALS CORP NCX 600 20.69800 12,469.80 EXECUTION BY BUCK COMMISSION 36.00 04/20/01 04/17/01 BOUGHT SENSORMATIC ELECTRONICS CORP SRM 3.000 13.00000 39.225.00 EXECUTION BY RYAN COMMISSION 210,00 04/20/01 04/17/01 SOLD TEXAS INSTRUMENTS INC TXN -1200 33.07230 39,646.43 SEE NOTE 5 ON BACK EXECUTION BY INET Beer. SZeirns SON, t4,1 COO. Ore Mevolech Contm North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH AOCCUNT rammer, TAXPAYER K1. ER April 27.2001 LAST STATEMENT March 30.2001 COMMISSION 24.00 SEC FEE 1.33 027 04/260I :IS:4B 001 V471 EFTA00198332

CLEARED THROUGH ns ?mow, OME0 SUBSIDIARY BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 15 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 04/20/01 TRADE DATE TRANSACT/0N 04/17/01 SOLD DESCRIPTION TOMMY HILFIGER CORP-ORD EXECUTION BY GSCO COMMISSION 696.50 SEC FEE 3.76 ABERCROMBIE & FITCH CO-CL A EXECUTION BY BUCK COMMISSION 180.00 APPUED MICRO CIRCUITS CORP EXECUTION BY JPHO AMR CORP-DEL WITH RIGHTS TO PURCHASE PREFRD SIX UNDER CERTAIN CIRCUMSTANCE EXECUTION BY TUCK COMMISSTON 528.50 ALASKA AIR GROUP INC WITH RIGHTS TO PURCHASE PREFRD SIX UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MiCKE COMMISSION 434.00 AMERICAN EXPRESS COMPANY EXECUTION BY RSSF COMMISSION 308.00 CARNIVAL CORP-CL A EXECUTION BY RYAN COMMISSION 441.00 CONTINENTAL AIRLINES INC-CL EXECUTION BY TUCK COMMISSION 133.00 CUMMINS ENGINE GOING WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF COMMISSION 147.00 SEC FEE 2.77 DMC STRATEX NETWORKS INC EXECUTION BY COWN STLIDOLGLISE TOM OVANTITT PRICE -9,950 11.33490 Beer. SZeirns SON, t4,1 Cap. OtoLlevelech Cella North Beccidon. Hew VC* 1120/3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH *11 27.2001 ACCOUVT NUMBER TAXPAYER KAMER LAST STATEMENT Much 30.2001 DEED AMOUNT C;E:ir AMCM,T 112.067.00 04/23/01 04/18/01 BOUGHT ANF 3,000 30.21070 90,827.10 04/23/01 04/18/01 BOUGHT AMCC 2,850 24.56310 70,019.84 04/23/01 04/18/01 BOUGHT AMR 7.550 35.24110 266.613.81 04/23/01 04/18/01 BOUGHT ALK 6.200 27.22490 169,243.38 04/23/01 04/18/01 BOUGHT AXP 4,400 42.62030 187,852.32 04/23/01 04/18/01 BOUGHT CCL 6,300 28.17490 177,957.87 04/23/01 04/18/01 BOUGHT CAL 1,900 45.98470 87,518.93 04/23/01 04/18/01 SOLD CUM -2,100 39.53250 82.853.48 04/23/01 04/18/01 BOUGHT STXN 7.300 7.23000 52.794.00 027 0442861:18:40 001 V471 EFTA00198333

CLEARED THRWGH ITS ?RIMY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 16 Beer. SZeirns SON, t4,1 Got.. Cc* Mon:tech Contm NOM Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD meth 31.2001 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACTION DESORPTION SYMBOLCUSP WANTRY PRICE THROUGH ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT DEBIT AMOUNT POI 27.2001 Mardi 30.2001 MOTT AMOUNT 04/23/01 04/18/01 BOUGHT EMC CORP-MASS EMC 5,200 34.18850 178,159.20 SEE NOTE '5' ON BACK EXECUTION BY MS00 COMMISSION 364,00 04/23/01 04/18/01 BOUGHT JDSUNIPHASE CORP JDSU 2,500 22.51430 56,300.75 COM EXECUTION BY FBCO 04/23/01 04/18/01 BOUGHT K MART CORP KM 3.650 8.99150 33,016.48 EXECUTION BY BUCK COMMISSION 182,50 04/23/01 04/18101 BOUGHT MARSH 8 MCLENNAN COMPANIES INC MMC 1,450 95.22250 138.189.13 WITH RIGHTS TO PURCHASE PREFRO STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY NEED COMMISSION 101,50 04/23/01 04/18/01 SOLO METHANEX CORP MEOH -22,000 8.80000 193,578.54 EXECUTION BY WE SEC FEE 6,46 04/23/01 04/18/01 BOUGHT NORTEL NETWORKS CORP NT 6,650 17.27100 115,332.65 EXECUTION BY MSOO COMMISSION 465,50 04/23/01 04/18/01 BOUGHT NORTHWEST AIRLINES CORP NWAC 3.000 25.02000 75,075.00 EXECUTION BY FBCO 04/23/01 04/18/01 BOUGHT REMEC INC REMC 18,250 9.68390 176,746.18 EXECUTION BY NEED 04/23/01 04/18/01 BOUGHT SPX CORP SPW 1,500 97.41280 146,224.20 EXECUTION BY BUCK COMMISSION 90,00 04/23/01 04/18/01 BOUGHT SOUTHWEST AIRLINES CO LEN 10,200 17.58500 179,994.00 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MOE COMMISSION 612,00 027 04/260I :IS:4B 001 V47I EFTA00198334

CLEARED THROWN ITS ?RIMY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 17 u121 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACT/ON 04/23/01 04/18/01 BOUGHT bdrabi •64titievi OWOHY DESORPTION TYCO INTERNATIONAL LTD EXECUTION BY MOLD COMMISSION 220,50 YAAkEvidtell d8 AP EXECUTION BY JPHO satteacusie TYC Irk CAMARITY 3.150 48.50000 PRICE Beer. Saea•ns SOC,r44,1 COO. 0 -4Mo:elect+ Contm North Beccidon. New VC* 11201 3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 31.2001 THROUGH April 27.2001 ACCOUNT NUMBER TAXPAYER K1. ER LAST STATEMENT Mardi 30.2001 DEBIT AMOUNT CHEM MONO 153,010.50 16.50500 04/24/01 04/19/01 SOLD ANALOG DEVICES INC WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MDLD COMMISSION 108,50 SEC FEE 2.54 AMERICAN STANDARD COMPANIES INC-DEL EXECUTION BY MLCO COMMISSION 241,50 SEC FEE 6.84 EMC CORP-MASS SEE NOTE ON BACK EXECUTION BY WARR COMMISSION 364,00 SEC FEE 7.32 I-MANY INC EXECUTION BY RSSF VS 100 12-08-00. 5600 03-09-01 SEC FEE 2.92 MICRON MCHNCI.OGY INC EXECUTION BY MDLD COMMISSION 105,00 SEC FEE 2.41 hogrIMWEARg adhs EXECUTION BY OPC3 COMMISSION 465,50 SEC FEE 3.92 VITESSE SEMICONDUCTOR CORP EXECUTION BY GOWN SEC FEE .84 ADI -1,550 49.00000 75.823.96 04/24/01 04/19/01 SOLD ASD 3.450 59.45750 204.865.04 04/24/01 04/19/01 SOLD EMC 5.200 42.20000 219.053.68 04/24/01 04/19/01 SOLD IMNY .5.700 15.33700 87.402.98 04/24/01 04/19/01 SOLD 1b4&4/U1 04/19/01 Go MU NY 1.500 48.15850 72.115.34 6.650 17.65000 116.888.08 04/24/01 04/19/01 SOLO VTSS .700 36.00000 25.184.16 027 042601a:46 001 vsll EFTA00198335

CLEARED THRWGH ITS ?RIMY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 18 u121 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) Beer. SZeirns SON, t4,1 COO. Q-4 Mon:tech Contm North Beccidon. New VC* 112013859 INSTITUTIONAL INTERESTS STATEMENT PERIOD March 31.2001 THROUGH POI 27.2001 ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT Mardi 30.2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESORPTION SYMBOLCUS, QUANTITY PRICE DEBIT AMOUNT CHEM MOM 04/24/01 04/19,01 SOLD WEI3METICDS INC WESM -3,800 37.84410 143,787.78 EXECUTION BY DAN SEC FEE 4.80 Naski 64th6/61 LOLLS AFRO Merle &MLR§ t,60 4 4o6 i00 t31.a5000 70.052.66 EXECUTION BY MOM SEC FEE 2.34 b4r2ski 64th6/61 tou6HY dAAAuvAL 510-6. A oh i.doo 5.77000 77.5552145 EXECUTION BY WARR COMMISSION 210,00 04125/01 04/20/01 SOLD JDSUNIPHASE CORP JDSU -1.050 27.85000 29,226.52 COM EXECUTION BY SI3SH SEC FEE .98 SCI SYSTEMS INC EXECUTION BY TUCK COMMISSION 280,00 SEC FEE 3.43 TRANSWITCH CORP TXCC -1,500 19.28000 28.904.03 EXECUTION BY COWN SEC FEE .97 TIMBERLAND CO-CL A TBL 1.500 45.69150 68.642.25 EXECUTION BY BUCK COMMISSION 90.00 BEVERLY ENTERPRISES INC NEW AVG PRICE SHOWN-DETALS ON REO ACTUAL =FIRM TO YOUR AGENT 04/25/01 04/20/01 SOLD SCI -4,000 25.67310 102.393.97 04725/01 04/20/01 SOLD 04/26/01 04/23/01 BOUGHT 04/27/01 04/24/01 BOUGHT BEV 4.500 6.80500 30,892.50 04/27/01 04/24/01 BOUGHT TIMBERLAND CO-CL A EXECUTION BY BUCK COMMISSION 18.00 TBL 300 43.74850 13,157.55 TOTAL $-3.481.149.37 $4.989.996.61 027 04260I :IS:4B 001 7471 EFTA00198336

CLEARED THROUGH ITS niCkLY CAM•E0 SUBSIDIARY BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 19 Transaction Detail (continued) DEPOSITS AND WITHDRAWALS DATE TPANSACT G. DESCRPSCH 04/26/01 CHECK CK #MT326570MGMT FEES FEES FR 4/1-690/01 BUCKINGHAM CAPITAL MG/AT DEBIT AMOUNT CREDIT AMOUM 21.752.56 TOTAL $-21,752.56 MONEY FUND ACTIVITY Beer. SZeirns S0N, t4,1 Gap. Ore Momloch Contm North Beccidon. New Ye* 11201.3019 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH *11 27.2001 ACCCUNT NUMBER TAXPAYER NUMBER LAST STATEMENT Minh 30.2001 DATE MOM' TRANSACTICiN DESDIIPTION SYMECCPCUSIP OUNMTM PR CE CCM AMOUNT CREDIT AMOUNT 03/31/01 OPENING BALANCE 1,145,764.85 04/04/01 BOUGHT THE TREASURERS FUND INC GMXX 100.000 1.0000 100.000.00 DOMESTIC PRIME MM PORTFOLIO 04/05/01 BOUGHT THE TREASURERS FUND INC GMXX 1.150.000 1.0000 1.150.000.00 DOMESTIC PRIME MM PORTFOLIO 04/06/01 BOUGHT THE TREASURERS FUND INC GMXX 50.000 1.0000 50.000.00 DOMESTIC PRIME MM PORTFOLIO 04/09/01 SOLD THE TREASURERS FUND INC GMXX -100.000 1.0000 100.000.00 DOMESTIC PRIME MM PORTFOLIO 04/10/01 BOUGHT THE TREASURERS FUND INC GMXX 500.000 1.0000 500.000.00 DOMESTIC PRIME MIA PORTFOLIO 04/11/01 BOUGHT THE TRE MESTCASU FUND POR INC GTMIX 75.000 1.0000 75.000.00 PR ER R S DO IME WM TFOLIO 04/12/01 BOUGHT THE TREASURERS FUND INC GMXX 300.000 1.0000 300.000.00 DOMESTIC PRIME MIA PORTFOLIO Urinal &Juan? NEIREAgaing 'MONO Mita( 500.000 1.0000 500.000.00 DOMESTIC PRIME MIA PORTFOLIO 04/19/01 BOUGHT THE TREASURERS FUND INC GMXX 75.000 1.0000 75.000.00 DOMESTIC PRIME MM PORTFOLIO Naivei •§6d5 NEYEAguMEN§VII451 -2.250.000 1.0000 2.250.000.00 DOMESTIC PRIME MM PORTFOLIO 027 042601:1S:4B 001 V471 EFTA00198337

CLEARED THROUGH ITS witem.Y 0"E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 20 u121 Transaction Detail (continued) MONEY FUND ACTIVITY (continued) DATE MGVAY TRANSACTKPI DESCRIPTCN sYmeoucvstr amArtry PACE DEBIT AMOUNT CREDIT AMOUNT 04/23/01 DIVIDEND NEIERNINOMIL0 GTDDI 9,838.65 MONTHLY DIVIDEND 04/23/01 REINVEST MiNfallbSAMIkuo GTD)0( 9.838.65 9,838.65 MONTHLY DIVIDEND REINVESTED bdavivi teuamY EM-Wng 'NNW 'tb5N 750.000 1.0000 75o.ob .6o DOMESTIC PRIME MAI PORTRXIO 04/26/01 BOUGHT THE TREASURERS FUND INC GTDXX 250.000 1.0000 250.000.00 DOMESTIC PRIME MAI PORTFCCIO 04/27/01 BOUGHT MEINFRIMMISuo GTDXX 100.000 1.0000 100.000.00 04/27/01 CLOSING BALANCE 2.655.603.50 TOTAL 5.3.859.838.65 52.359.838.65 DIVIDENDS Beer. Saea•ns SOC,r44,1 Cat. 0-41km:tech Cella NOM Beccidon. New Ye* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH *11 27.2001 ACCOUNT NUMBER TAXPAYER MASER LAST STATEMENT Mardi 30.2001 DATE DESCRIPTION SYMEICIALISIP DUMMY RAZE (S) DEBT AMOUNT CREDIT AMOUNT 04/02/01 B F GOODRICH CO GR 11.100 0.2750 3,052.50 REC 03/05/01 PAY 04102/01 04/02/01 ITT INDUSTRIES INC ITT 8.200 0.1500 1.230.00 REC 03/16101 PAY 04101/01 04/02/01 MCKESSON HBOC INC MCI< 12.000 0.0600 720.00 COM REC 03/01/01 PAY 04102/01 04/20/01 COMPAQ COMPUTER CORP CPO 9,200 0.0250 230.00 REC 03/30/01 PAY 04/20/01 04/27/01 CASUAL MALE CORP MASS CMAL 15.000 0.0150 225.00 REC 04/2001 PAY 04/27/01 TOTAL $5.457.50 027 SUL2S01:18:46 001 Y47I EFTA00198338

CLEARED THROWN ITS 1h.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 21 c121 Transaction Detail (continued) INTEREST DATE DESCRIPTION SYME/WCUSIP QUANTITY RATE I%4 DEBIT AMOUNT CREDIT AMOUNT 04/23/01 INT CR APR 01 3,594.16 04/23/01 INT De APR 01 TOTAL Beer. Saea•ns SOC,r44,1 COT‘ 0-4Mo:elect+ Contec North BecciOon. New To* 11201.3855 INSTITUTIONAL INTERESTS STATEMENT PERIOD Mardi 31.2001 THROUGH POI 27.2001 ACCOUNT NUMBER TAXPAYER WESER LAST STATEMENT Mardi 30.2001 47.91 6-47.91 $3,594.16 MISCELLANEOUS DATE MORAY TRANSACTION DESCRIPTION DEBIT AMOUNT CREDIT AMOUNT 04/06/01 JOURNAL 03/01 Cth CHG 25 370.00 04/17/01 JOURNAL ADJ MAR-01 CLR CHGS RR MTH 780.00 TOTAL $-1.150.00 Trades Executed Pending Settlement SETTLEMENT DATE TRADE DATE TRANSACTION CESCRPTION SYMBOL/CUSP GUMMY PRICE DEBIT AMOUNT CREDIT MACVNT 04/30/01 04/25/01 SOLD CARNIVAL CORP-CL A CCL -1,850.00 26 47,953.89 04/30/01 04/25/01 SOLD SPECTRASITE HOLDINGS INC SITE -4,050.00 9.0695 36,715.25 04/30/01 04/25/01 BOUGHT TIMBERLAND CO-CL A Tel 500.00 44.8181 22,454.05 05/01/01 04/26/01 SOLD SENSORMATIC ELECTRONICS CORP SRM -3.000.00 13.9714 41.687.80 TOTAL $22,454.05 $126,356.94 The chore twice do not ewes: in car ow eaban or Iho :Worm* 027 0428,01a:4S 001 Y471 EFTA00198339

CLEARED THROUGH ITS MAXEY CAMLE0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Path Avenue New York, New York 10167 SNP. Steams SO0rItAl COD Ore Llertoiech Cornet North Eleccohn, New Tpx i201OSS9 INSTITUTIONAL INTERESTS STATEMENT PERIOD THRoUGN ACCOUNT NUMBER February 24.2001 March 30.2001 What's In This Statement 11 I II I I I TAXPAYER NULISER LAST STATEMENT February 23.2001 Financial Summary 3 INSTITUTIONAL INTERESTS Your Portfolio Holdings 4 CIO FINANCIAL TRUST COMPANY ATTN LARRY KEMP Transaction Detail 8 Fund Activity 24 Trades Not Yet Settled 26 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE OF SECURITIES THIS PER= 15,339,410 Cash & Equvalent .N 10,9.864 . .:19ZZ33 4S . -Yegi $3.922.293 NET CREDIT BALANCE 913,099 Equities S15.339.410 MONEY MARKET FUND BALANCE 1,145,765 -tc=n $t 5.093.194 Current market value NET EQUITY THIS PERIOD $17,398,274 OM Last statements market value NET EQUITY UST STATEMENT 19,015,487 CHANGE SINCE LAST STATEMENT -1,617,214 There are no 'Stop Loss' orders or other pending buy or sell open orders on tile for your account. *C ITT1 HATAITY fa ATOTrthrtIortal pans only n N nit candid maul dixmiwt TNa ustornom should be retailed for your records See mom a for mortal agormatma 027 028161:18:43 001 VEIN EFTA00198340

CLEARED THROUGH nS wilekLY 0"E0 SUBSIDIARY Beer. Szewee Secwititi GOO. 0'414cm:tech COM0( HMO Beccidon. Hew Year 11201.3859 INSTITUTIONAL INTERESTS 2 of 26 STATEMENT BACKER IS PRINTED ON THIS PAGE 02? 03,31.01:18:43 DOI IbIBS EFTA00198341

CLEARED 1NRO00H ITS vrisexLY OBBE0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New York. New York 10167 Beer. Steens SOPA.* COO. CeoLlevotech Centro North Beccidon. New To* 11201.3859 INSTITUTIONAL INTERESTS 3 ci STATEMENT PERIOD February 24.2001 THROUGH With 30.2001 Cash Flow Analysis Income Summary ACCOUNT NUMBER TAXPAYER MAWR THIS PEFICO DC PERIOD YEAR TO DATE LAST STATEMENT PeDruEuy 23.2001 Opening Balance $963,481.25 Dividends 15,127.82 42,420.89 Substitute Payment 0.00 630.00 Securities Sold 5,763,504.30 Credit Balance Int. 5,820.62 21,503.09 Money Fund 4,111,953.32 Total $21,048.44 $64,553.98 Dividends Interest 9.095.12 Miscellaneous 66.00 Shod Dividends 0.00 -144.50 Foreign Tax Withheld -156.00 -156.00 Amount Credited $9,884.618.74 Securities Bought -7,647.892.16 Money Fund -2,286.953.32 Portfolio Composition Miscellaneous -156.00 CashICash Equivalent 2.058.864 Amount Debited $-9.935.001.48 Equities 15.339.410 Net Cash Activity -50.382.74 Total $17,398,274 Your Portfolio Allocation Closing Balance $913.098.51 Cash Balance Summary OPEN NG ctosero Cash 46.515.77 46,515.77 Margo 916.965.48 866,582.74 Net Cash Balance $963.481.25 $913.098.51 02? Cash 8 Equivalent — 12% — Eqtabes 88% UnSv0e0 croons oeeme over bleep, *NW .Thol mete( vote, Tb olocahr Pe verear to Greed hem to obseXte market veto, or >ev poreon 03131.01 :18:43 001 v466 EFTA00198342

CLEARED THROUGH ITS ~GUY CAW.E0 SUBSIDIARY BEAR STD;RNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New YY New York 10167 4 Beer. SZPIrns SOC,r4.1 Off. Ore Llevolech Conte< North Brock/pl. New lee" 11201.2819 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH March 30.2001 Your Portfolio Holdings ACCOUNT NUMBER CASH & CASH EQUIVALENTS TAXPAYER AILIUMER LAST STATEMENT February 23.2001 MARKET ESTIMATED DESORPTION SYMBOLOUSP OUANTITT PRCE VALUE ANNUAL WOW CASH BALANCE 913,099 THE TREASURERS FUND INC GTD/CE 1.145,764.85 1.0000 1.145.765 51,559 DOMESTIC PRIME MrM PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $2.058,864 $51,559 EQUITIES Equities & Options AOOT MARKET ESTB1A19) CURFENT DESCRinON MIBOL.CuSIP TYPE cumin PRCE VALLE ARM" INCOME YEW I* ABERCROMBIE & FITCH CO-CL A »IF MRGN 13,450 32.7000 439.815 ACTV INC IAN MRGN 22,300 4.0940 91.296 ALLEGIANCE TELECOM INC ALGX MRGN 11.300 14.7500 166.675 APPLIED MICRO CIRCUITS CORP AMCC MRGN 5.400 16.5000 89.100 ADELPHLA BUSINESS SOLUTIONS ABIZ MRGN 52.200 4.7500 247.950 INC CL A AT&T CORP LIBERTY MEDIA GROUP LMGA MRGN 37,800 14.0000 529,200 SER A AMERICAN EAGLE OUTFITTERS INC AEOS MRGN 16.550 28.7500 475.813 NEW ADELPHLA COMMUNICATIONS CORP ADLAC MRGN 20.954 40.5000 848.637 CL A ANALOG DEVICES INC ADI MRGN 5.400 36.2400 195.696 APPLIED MATERIALS INC AMAT MRGN 3.300 43.5000 143.550 AMERICAN STANDARD COMPANIES ASD MRGN 3.450 59.0700 203.792 INC-DEL 027 02,2141:18:43 001 V468 EFTA00198343

CLEARED IHRWGII ns ?RIMY OMT•E0 SUBSIDIARY BUR STURNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New YY New York 10167 S Your Portfolio Holdings (continued) Equities & Options continued) ION S1MECLCWP ACCT 111:E DUANTITT PRCE MARKET VALUE ESTIMATED ANNUAL INCOME CURRENT YELLIN BEVERLY ENTERPRISES INC NEW BEV MRGN 25,100 8.0000 200.800 CHILDRENS PLACE RETAIL STORES PUCE CASH 9,900 24.0000 237.600 INC CASUAL MALE CORP MASS CMAL MRGN 15.000 3.0000 45.000 900 2.0000 KENNETH COLE PRODUCTIONS INC KCP MRGN 1,200 24.9500 29.940 CL A COMPACT COMPUTER CORP CPO MRGN 9,200 18.2000 167,440 920 0.5495 CUMMINS ENGINE CO INC CUM MRGN 2,100 37.5400 78.834 2,520 3.1966 DELL COMPUTER CORP DELL MRGN 11.500 25.6880 295.412 EMC CORP-MASS EMC MRGN 2,500 29.4000 73.500 ELECTRIC LIGHTWAVE INC-CL A ELIX MRGN 51,100 2.0940 107,003 EXODUS COMMUNICATIONS INC EXDS MRGN 18,900 10.7500 203,175 FOOTSTAR INC FTS MRGN 5,100 40.1500 204,765 GATEWAY INC GTW MRGN 6.900 16.8100 115.989 B F GOODRICH CO GR MRGN 11.100 38.3700 425.907 12.210 2.8668 PUT GOODRICH B F MAY 030CBOE GROF MRGN 70 0.5000 3.500 UP OS119/2001 ITT INDUSTRIES INC ITT MRGN 8.200 38.7500 317,750 4.920 1.5484 12 TECHNOLOGIES INC ITWO MRGN 3.100 14.5630 45,145 I-MANY INC IMNY MRGN 46.600 11.3750 530,075 INRANGE TECHNOLOGIES CORP INRG MRGN 26,400 8.3300 219,912 CLB HCA-HEALTHCARE CO HCA MRGN 12,100 40.2700 487,267 968 0.1987 HARRIS CORP-DEL HRS iv1FIGN 12,350 24.7500 305.663 2,470 0.8081 Beer. SZeirns SOC,ntitl Corp. One Metselech Cent" North Beccidon. New Year 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH March 30.2001 ACCCUNT NUMBER TAXPAYER WILMER LAST STATEMENT February 23.2001 02? 02/31.01:18:40 001 V4ES EFTA00198344

CLEARED IHRCOGH ITS YriseklY Ot1t•ED SUBSIDIARY BEAR STD;RNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New YY New York 10167 6 Beer. SZetrns Cory. Cr.* Mon:loch Conte< North Brock/pl. New lee" 11201.2819 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH March 30.2001 Your Portfolio Holdings (continued) Equities & Options (continued) Accr DESORPTION SYMBOUCUSIP TYPE OUANTITT PRCE EMRKE7 VALUE ESTIMATED ANMJAL INCOME ACCOUNT NUMBER TAXPAYER AMMER LAST STATEMENT February 23.2001 CURROVT YEW I54 HEALTH MANAGEMENT ASSOCIATES HNtA MRGN 16,150 15.5500 251.133 INC NEW-a A JONESAPPAREL GROUP INC JNY MRGN 5.000 37.8000 189.000 K MART CORP KM MRGN 15.400 9.4000 144.760 MCLEODUSA INC-CL A MCLD MRGN 28,950 8.6560 250.591 FORMERLY MCLEOD INC MILLENNIUM CHEMICALS INC MCH MRGN 10,400 16.3700 170,248 5,616 3.2987 METROMEDIA FIBER NETWORK INC MFNX MRGN 35.000 5.4800 191.800 CL A MCKESSON HBOC INC MCK MRGN 12.000 26.7500 321.000 2.880 0.8972 COM METHANE% CORP MEOH MRGN 38.300 8.0000 306.400 MICRON TECHNOLOGY INC MU MRGN 3.650 41.5300 151,585 NVIDIA CORP NVDA MRGN 3,250 64.9220 210.997 NOVA CHEMICALS CORP NCX MRGN 4,500 20.1000 90.450 742 0.8203 NAUTICA ENTERPRISES INC NAUT MRGN 11.450 17.9380 205.390 POLO RALPH LAUREN CORP-CL A RL MRGN 4.304 27.5000 118.360 ORION POWER HOLDINGS INC ORN MRGN 7.000 30.7000 214.900 PACIFIC SUNWEAR OF CALIFORNIA PSUN MRGN 1.550 27.5000 42.625 INC OUIKSILVER INC ZOK MRGN 17.442 26.5500 463.085 RESEARCH IN MOTION LTD RIMM MRGN 7.300 21.9700 160.381 NEW SCI SYSTEMS INC SCI MRGN 12,100 18.2000 220,220 SPX CORP SPW MRGN 2,550 90.7600 231,438 027 CGOI.01:18:43 001 WIGS EFTA00198345

CLEARED THROUGH ITS ~GUY OtWED SUBSIDIARY BEAR STD;RNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New YY New York 10167 7 Your Portfolio Holdings (continued) Equities & Options (continued) DESORPTION STMECLCLbcP ØT 111:E ouumni PRCE IMRKET VALLE ESTMATED ANNUAL INCOME CUM'« YEW IM SOLUTIA INC SOI MRGN 6,000 12.2000 73,200 240 0.3279 STMICROELECTRONICS NI STM MRGN 5,200 34.1700 177.684 156 0.0878 NY REGISTRY SHS SPECTRASITE HOLDINGS INC SITE MRGN 9,600 4.3130 41,405 SENSORMATIC ELECTRONICS CORP SAM MRGN 12,050 19.0000 228,950 TYCO INTERNATIONAL LTD TYC MRGN 8,150 43.2300 352,325 408 0.1158 TIME WARNER TELECOM INC 1ViTC MRGN 3,900 36.3750 141.863 CLASS A TIBCO SOFTWARE INC TIBX MRGN 15.000 8.5000 127.500 TENET HEALTHCARE CORP THC MRGN 9,250 44.0000 407.000 TEXAS INSTRUMENTS INC TXN MRGN 3,900 30.9800 120,822 332 0.2748 TRANSWITCH CORP TXCC MRGN 7,300 13.1250 95,813 TIMBERLAND CO-CL A TBL MRGN 10,150 50.8000 515,620 TOMMY HILFIGER CORP-ORD TOM MRGN 9.950 12.8500 127,858 UNITEDGLOBALCOM UCOMA MRGN 17.050 13.1250 223,781 CL A USA NETWORKS INC USAI MRGN 10.800 23.9380 258.530 UNITED RETAIL GROUP INC URGI MRGN 16.700 8.3750 139.863 UNIVERSAL HEALTH SERVICES INC UHS MRGN 3.200 88.3000 282.560 CL B VITRIA TECHNOLOGY INC VITR MRGN 28,350 3.8130 108,099 COM VENATOR GROUP INC MRGN 4,650 13.8000 64,170 VITESSE SEMICONDUCTOR CORP VISS MRGN 5.000 23.8130 119.065 WEBMETHODS INC WEBM MRGN 7.700 20.8750 160.738 Beer. SZetrns SOC,r44,1 Off. CeoLlevolech Conte< North Brock/pl. New Te" 11201.2819 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH March 30.2001 ACCOUNT NUMBER TAXPAYER AMBER LAST STATEMENT February 23.2001 027 02,2141:18:43 001 V468 EFTA00198346

CLEARED THROUGH ITS OIM.EO SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 8 o Your Portfolio Holdings (continued) Equities & Options (continued) DESCRIPTION X0 COMMUNICATIONS INC CL A Total Equities& Options ACCT S•MECLOJSLi r4E X0X0 IvIRGN PANTRY 16,000 PRCE 7.0000 MARKET ESTRUM) CURRENT VALUE ANNUAL tiCOME YELD 112,000 $15.339.410 $35,282 TOTAL EQUITIES $15.339.410 $35,282 YOUR TOTAL ESTIMATED ANNUAL INCOME $86.841 YOUR PRICED PORTFOLIOHOLDINGS $1739&273 Transaction Detail INVESTMENT ACTIVITY Beer. Szea•ns SOC,r44,1 Cory. 0-4Mo:elect+ Cella North Becemon. New Ye* 112014819 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH Mardi 30.2001 ACCOUNT NUMBER TAXPAYER MAWR LAST STATEMENT February 23.2001 SETTLEMENT DATE TRADE DATE ITIANSACDON DESCRIPTION SeM00..CUSP OUNNITY PRCE DEER AMOUNT CREPT MOUNT 02/26/01 02/21/01 BOUGHT EMC CORP-MASS EMC 2,800 46.56400 130590.20 SEE NOTE S ON BACK EXECUTION BY RSSF COMMISSION 196,00 02226/01 02/21101 BOUGHT INRANGE TECHNOLOGIES CORP INRG 200 12.26820 2,488.64 CL B EXECUTION BY SBSH 02+2601 0321/01 BOUGHT MCLEODUSA INC-CL A MCLD 8.000 11.89060 95,139.80 FORMERLY MCLEOD INC EXECUTION BY SBSH 027 0201.01a:43 001 V466 EFTA00198347

CLEARED THRWGH ITS 0%M .E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New York. New York 10167 9 O 2.. Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 02/26/01 TRADE DATE TRANSACTION 03/21/01 BOUGHT DESCFOPTION SUNMICROSYSTEMS INC WITH RIGHTS TO PURCHASE PREFRO STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF SYTMOUCUS1P SUNW CITY PRICE 3,900 20.31250 Beer. SZeirns S0N, t4,1 Cap. Cc* Mevolech Contm North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH Mardi 30.2001 ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT February 23.2001 DEBIT AMOUNT 79233.75 GRECO' AAIDUNf 02/23/01 02/21/01 BOUGHT TIMBERLAND CO-CL A EXECUTION BY RHCO COMMISSION 84.00 WEBMETHODS INC EXECUTION BY JPHO AMERICAN EAGLE OUTFITTERS INC NEW WITH DUE Bea SPLT 3: 2 EXECUTION BY RSSF SEC FEE 6.24 RTS ACELPHLA BUSINESS SOLUTION INC EXP 03119/2001 SPINOFF ON 52200 SHS ADELPHIA BUSINESS SOLUTIONS RTS RR A007464 REC 02/12101 PAY 02/13/01 TBL 1.200 54.31080 65,27196 02/26/01 02/21101 BOUGHT WEBM 1.900 49.30000 93,68900 02/27/01 02/22/01 SOLD AEOS -3.500 53.44530 187.037.31 02/27/01 02/29/01 BOUGHT 006847990 78.300 02/27/01 03/22/01 SOLD AMERICAN EXPRESS COMPANY EXECUTION BY RSSF COMMISSION 280,00 SEC FEE 5.86 CITIZENS COMMUNICATIONS CO EXECUTION BY CANT COMMISSION 1.122.00 SEC FEE 9.52 dirgotrIVIG EXECUTION BY WPCO COMMISSION 140,00 SEC FEE 3.18 AXP -4.000 43.88200 179227.14 02/27/01 02/22/01 SOLD 507;81 ''''' 'SEEM ''''••s's CZN .18.700 15.25810 284,179.95 Gr .2.000 47.60000 95.041.82 027 03/21.01:18:43 001 v466 EFTA00198348

CLEARED THRWGH ITS wilekLY ONnEO SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New York. New York 10167 10 o2.t. Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE TRADE DATE TRANSACT/ON DESCRIPTION SY1A3OUCUSIP GUMMY ProcE DEBIT AMOUNT CREPT M/OUNT 02/27;01 02/22/01 SOLD EMC CORP-MASS EMC -2,800 34.25500 95,699.80 SEE NOTE '5* ON BACK EXECUTION BY RSSF COMMISSION 196,00 SEC FEE 3.20 bkr27/61 6±/12161 SOLtS rEbEtiktE bEPARINUf ATOligg -I Rob 422tZ6i9 452,947.76 INC-DEL EXECUTION BY BUCK COMMISSION 636,00 SEC FEE 15,10 AS OF 02/22/01 02/27/01 02/22/01 SOLD JONES APPAREL GROUP INC JNY .5.300 37.00950 195.757.81 EXECUTION BY GKMC COMMISSION 371,00 SEC FEE 6.54 02/27/01 02/22/01 SOLD MARSH 8 MCLENNAN COMPANIES INC MMC -500 108.10440 54.000.39 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MONT COMMISSION 35.00 SEC FEE 1.81 AS OF 02/22101 02/27/01 02/22/01 SOLD METHANEX CORP MEOH -12,800 6.15630 78,783.01 EXECUTION BY SBSH SEC FEE 283 02/27/01 02/22/01 SOLD PACIFIC SUNWEAR OF CAUFORNIA PSUN -3.700 31.88540 117,957.04 INC EXECUTION BY RSSF SEC FEE 3.94 02/27/01 02/22/01 SOLD SUNMICROSYSTEMS INC SUNW -3.900 20.00000 77.982.40 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF SEC FEE 2.60 Beer. SZeirns SON, t4,1 COO. 0 -c Mon:tech Cella North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH Much 30.2001 ACCCUM NUMBER TAXPAYER K1. ER LAST STATEMENT February 23.2001 027 03/21.01:18:43 001 V466 EFTA00198349

CLEARED THROWN nS ?RIMY ONh.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 02/27;01 TRADE DATE 02/22/01 TRANS/CRON SOLD DESORPTION TJX COMPANIES INC NEW EXECUTION BY MDLD COMMISSION 217,00 SEC FEE 3.05 VENATOR GROUP INC EXECUTION BY %NCO COMMISSION 1,274.00 SEC FEE 6.45 BAKER JINC 8036507 TO CO09142 WC CASUAL MALE CORP CASUAL. MALE CORP MASS C009142 FROM 8036607 WC CASUAL MALE CORD ALLEGIANCE TELECOM INC EXECUTION BY JPHO SYMBOUCUSP TJX OVANTITY 3.100 29.51490 PRICE Beer. SZeirhs SONN*1 COO. 0 -c Mem:tech Contm North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH Mardi 30.2001 ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT February 23.2001 DEBIT AMOUNT GRECO RADOM 91,261.14 02/27/01 02/22/01 SOLD Z .18200 10.61630 191,921.21 02/27/01 NAME CHG 057232100 -19.000 02/27/01 NAME CHG CMAL 19.000 02/28/01 02/23/01 BOUGHT ALGX 3.900 19.31250 75,333.75 02/28/01 02/23/01 BOUGHT APPUED MICRO CIRCUITS CORP EXECUTION BY CONN AMCC 5.000 35.25000 176,265.00 02/28/01 02/23/01 BOUGHT AT&T CORP LIBERTY MEDIA GROUP SER A EXECUTION BY TUCK COMMISSION 490,00 AS OF 02/23101 LMGA 7.000 14.48910 101,928.70 02/28/01 02/23/01 SOLD CITIZENS COMMUNICATIONS CO EXECUTION BY BUCK COMMISSION 1.398.00 SEC FEE 11.36 AS OF 02/23/01 CZN 23.300 14.61720 339.156.40 02/28/01 02/23/01 BOUGHT KENNETH CCU PRODUCTIONS INC CL A EXECUTION BY FANA COMMISSION 217,00 CISCO SYSTEMS INC EXECUTION BY JPHO KCP 3.100 29.15720 90,619.32 02/28/01 02/23/01 BOUGHT CSOO 2.700 25.50000 68,865.00 027 0201.01:18:43 001 V466 EFTA00198350

CLEARED 'THROUGH NS 0"E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 12 ci n. Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACT/3N 02/28/01 02/23/01 BOUGHT barArbi 6±?2:1/61 bouote DESCRIPTION EMC CORP-MASS SEE NOTE '5* ON BACK EXECUTION BY MLCO COMMISSION 175,00 AS OF 02/23/01 ltdiANOOdid§M EXECUTION BY RSSF SYMBOUCUSP EMC FW 01PARRY 2,500 PHCE 40.14000 Beer. Szeirns SON, t4,1 COO. Ore Mon:tech Cantm North Beccidon. New Tuft 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH Mardi 30.2001 ACCOUNT NUMBER TAXPAYER NUMER LAST STATEMENT February 23.2001 DEBIT AMOUNT 100,540.00 CRE01 AhnOcter .781 67.651. 02/28/01 02123/01 BOUGHT LUCENT TECHNOLOGIES INC EXECUTION BY RSSF COMMISSION 542,50 NOKIA CORP-SPONSORED ADR REPSTG 1 SER A FM 5 PM EXECUTION BY GSCO COMMISSION 196,00 POLO RALPH LAUREN CORP-CL A EXECUTION BY JRCO COMMISSION 290,50 SEC FEE 4.03 AS OF 02/23/01 LU 7,750 12.26000 95.572.50 02128/01 02/23/01 BOUGHT NOK 2,800 20.95000 58,871.00 02/28/01 02123/01 SOLD RL -4,150 29.07190 120,338.86 02/28/01 02/23/01 BOUGHT OLOGIC CORP EXECUTION BY JPHO OLGC 1.900 3977500 75,587.50 02/28/01 02/23/01 BOUGHT TEXAS INSTRUMENTS INC SEE NOTE '5* ON BACK EXECUTION BY MOTC COMMISSION 136,50 AS OF 02/23/01 TXN 1.950 29.50000 57,676.50 02/28/01 02/23/01 BOUGHT TIMBERLAND CO-CL A AS OF 02/23/01 TBL 800 53.48860 42.846.88 02/28/01 02/23/01 BOUGHT UNITEDGWBALCOM CL A EXECUTION BY INET COMMISSION 390,00 YETFIIA TECHNOLOGY INC COM EXECUTION BY RSSF UCOMA 13.000 14.45870 188,36810 02/28/01 02/23/01 BOUGHT Vim 2.000 4.58130 9,177.60 027 0331.01:18:43 001 V466 EFTA00198351

CLEARED THROUGH OS yngXly OHNE() SUBSIDIARY BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 13 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSICI10/1 03/01/01 02/26/01 BOUGHT DESORPTION AMERICAN EAGLE OUTFITTERS INC NEW STK SPLIT ON 5200 SHS REC 02/02101 PAY 02/23/01 STIA3OUCLISP AEOS CIVAMIlY 2,600 emu BHP Szea•ns SOP,PRI GOP. CcoLlevoiech Center North Beccioon. New Tux 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH March 30.2001 ACCCUNT NUMBER TAXPAYER WIPER LAST STATEMENT February 23.2001 DEBIT AMOUNT MOP AMMO 03/01/01 02/26/01 SOLD CITIZENS COMMUNICATIONS CO EXECUTION BY BUCK COMMISSION 930,00 SEC FEE 7,96 OLOGIC CORP EXECUTION BY RSSF SEC FEE 2,74 OUIKSILVER INC EXECUTION BY BUCK COMMISSION 108,00 SEC FEE 1,68 APPUED MICRO CIRCUITS CORP EXECUTION BY MS00 CZN -15,500 15.39080 237,604.44 03/01/01 02/26/01 SOLD OLGC -1,900 43.10710 81,885.75 03/01/01 02/26/01 SOLO ZOK -1,800 27.99110 50,259.30 03/02/01 02/27/01 BOUGHT AMCC 2.000 30.81250 61,640.00 03/02/01 02/27/01 BOUGHT 12 TECHNOLOGIES INC EXECUTION BY FBCO ITWO 750 28.37500 21,296.25 03/05/01 02/28/01 BOUGHT APPUED MICRO CIRCUITS CORP EXECUTION BY INEf COMMISSION 102,00 KENNETH COLE PRODUCTIONS INC CL A EXECUTION BY BUCK COMMISSKY1 48.00 SEC FEE .75 AS OF 02/28/01 AMCC 3.400 27.12140 92,329.76 03105/01 02/28/01 SOLD KCP -800 27.97780 22,318.49 03105101 02/28/01 SOLD CONSOLIDATED STORES CORP EXECUTION BY COWN COMMISSION 105,00 SEC FEE .79 POLO RALPH LAUREN CORP-CL A EXECUTION BY GOWN COMMISSION 63.00 SEC FEE .87 CNS -1,500 15.65000 23,354.21 03/05/01 02/28/01 SOLD RL -900 28.69380 25,745.55 02? 0231.01:18:43 001 1.5168 EFTA00198352

CLEARED THRWGH ITS niCkLY 0%M.E0 SUBSIDIARY BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 14 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACT/ON 03/05/01 02/28/01 SOLD DESCRIPTION OUIKSILVER INC EXECUTION BY BUCK COMMISSION SEC FEE 60.00 .90 SY1A3OUCUSV ZOK WARM PIECE -1,000 27.00000 Beer. SZeirns S0N, t4,1 Dap. CeoLlevalech Cella North Beccidon. New Year 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH March 30.2001 ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT February 23.2001 DEWY AMOUNT MEM AACUNT 26,924.10 03/05/01 03/02/01 BOUGHT PUT AMERN EAGLE MAR 040 -- ADJ 3 FOR 2 STOCK SPLIT EXP 03/17/2001 OPEN CONTRACT AVG PRICE SHOWN-DETALS ON REO ACTUAL CaFIRM TO YOUR AGENT AS OF 03/02/01 AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF SEC FEE 3.63 CONSOLIDATED STORES CORP EXECUTION BY COWN COMMISSION 647,50 SEC FEE 4.48 POLO RALPH LAUREN CORP-CL A EXECUTION BY COWN COMMISSION 62.72 SEC FEE .87 CISCO SYSTEMS INC EXECUTION BY RSSF SEC FEE 2.07 EMC CORP-MASS SEE NOTE '5* ON BACK EXECUTION BY BMUR COMMISSION 175,00 AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF SEC FEE ,86 WEEIMETIODS INC EXECUTION BY JPHO 025$3E906 46 6.92500 46,878.75 0=6/01 03/01/01 SOLD AEOS -3,250 33.45220 108,701.02 0=6/01 03/01/01 SOLD CNS -9,250 14.50220 133,478.37 03/06/01 03/01/01 SOLD RL -896 29.00000 25,905.41 03/07/01 03/02/01 SOLD CSCO -2,700 23.00000 62,082.93 03/07/01 03/02/01 BOUGHT EMC 2,500 38.60000 96,690.00 03/08/01 03/05/01 SOLD AEOS -900 28.40000 25.544.14 03/08/01 03/05/01 BOUGHT WEBM 1,900 34.67500 65,897.50 02? 020IDI:IS:43 001 V4E6 EFTA00198353

CLEARED THRWGH ITS wilekLY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 15 ci n. Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 03/09/01 TRADE DATE TRANSACTION 03/08/01 SOLD DESORPTION PUT ASWAN EAGLE MAR 040 "" ADJ 3 FOR 2 STOCK SPLIT EXP 03(17/2001 AVG PRICE SHOWN-DETALS ON REO ACTUAL CONFIRM TO YOUR AGENT CLOSING CONTRACT SIMEIO:CUSP 02553E906 PRICE -45 11.80000 Beer. SZeirns S0N, t4,1 OPP. Dec Mon:tech Corer North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD Feltner/ 24.2001 THROUGH March 30.2001 ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT February 23.2001 DEBIT AMOUNT CHEM MONO 79,512.34 03/12/01 03/07/01 SOLD PACIFIC SUNWEAR OF CALIFORNIA INC EXECUTION BY RSSF SEC FEE 1,88 AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF PSUN -2,000 28.12500 56.233.12 03/13/01 03/08/01 BOUGHT AEOS 4.700 29.94460 140,754.62 03/13/01 03/08101 SOLD CONSOLIDATED STORES CORP EXECUTION BY COWN COMMISSION 196,00 SEC FEE 1.18 KENNETH COLE PRODUCTIONS INC CL A EXECUTION BY BUCK COMMISSION 234,00 SEC FEE 3,30 DELI. COMPUTER CORP EXECUTION BY FBCO CNS -2,800 12.56050 34.957.22 03/14/01 03/09/01 SOLD KCP -3,900 26.87470 104.558.83 03/14/01 03/09/01 BOUGHT DELL 3.850 24.50000 94,340.00 03/14/01 03/09/01 BOUGHT EXODUS COMMUNICATIONS INC EXECUTION BY TWPT EXDS 3.150 12.70000 40,020.00 03/14/01 03/09/01 BOUGHT I-MANY INC EXECUTION BY RSSF IMNY 5.600 13.75000 77.015.00 03/14/01 03/09/01 BOUGHT MICRON TECHNOLOGY INC EXECUTION BY MCKE COMMISSION 161,00 SCI SYSTEMS INC EXECUTION BY MCKE COMMISSION 245,00 MU 2.300 41.00000 94.476.00 03/14/01 03/09/01 BOUGHT SCI 3.500 18.48740 64.965.90 027 0201.01:18:43 001 V466 EFTA00198354

CLEARED THRWGH ITS ?RIMY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 16 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 03/14/01 TRADE DATE TRANSACTION 03/09/01 BOUGHT 1 /14/U1 01 DESORPTION TYCO INTERNATIONAL LTD EXECUTION BY BMUR COMMISSION 203.00 MINERIDiatti tatit,:a15 EXECUTION BY BUCK COMMISSION 381,00 SEC FEE 3.22 VENATOR GROUP INC EXECUTION BY MO COMMISSION 872,00 AMERICAN STANDARD COMPANIES INC-DEL EXECUTION BY MSCO COMMISSION 164,50 SEC FEE 4.83 CABLEVISION SYSTEMS CORP-CL A SEE NOTE'S' ON BAD( EXECUTION BY MDLD COMMISSION 63.00 SEC FEE 2.53 DELL COMPUTER CORP EXECUTION BY FBCO SYMBOL:CUSP TYC yaw CVANTITY 2.900 55.30300 PRICE 15.19420 Beer. Szteres Se0,440 C.00. OtoMetsolech Contm North Beccidon. New Teitt 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH March 30.2001 ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT February 23.2001 DEBIT AMOUNT CHEM MONO 160,596.70 0314/01 03/09/01 BOUGHT 9,600 12.27200 118,498.20 0315/01 03/12/01 SOLD MD -2,350 61.60900 144,596.82 03/15/01 03/12/01 SOLD CVC -900 84.05280 75,566S9 0315/01 03/12/01 BOUGHT DELL 3,850 22.50000 86.640.00 0315/01 03/12/01 SOLD EMC CORP-MASS SEE NOTE'S' ON BACK EXECUTION BY RYAN COMMISSION 175,00 SEC FEE 2.56 GATEWAY INC EXECUTION BY MLCO COMMISSION 483,00 AS OF 03112/01 EMC -2,500 30.70400 76,567A4 0315/01 03/12/01 BOUGHT GTW 6.900 15.23670 105,631.23 03115/01 03/12/01 BOUGHT I-MANY INC EXECUTION BY RSSF IMNY 5.800 11.90000 69,035.00 02? 0231.0138:43 001 V4E6 EFTA00198355

CLEARED THROWN ITS niCkLY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New York. Now York 10167 17 ci n. Transaction Detail (continued) INVESTMENT ACTIVITY (continued) Beer. SZeirns S0N, t4,1 Dap. Otto Mon:tech Contm North Beccidon. New VC* 112013859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH March 30.2001 ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT February 23.2001 SETTLEMENT TRADE DATE DATE TRANSACTION DESORPTION SMEIO.CuSP WINTRY PRICE DEIST AMOUNT CREDO AMOUNT 03/15/01 03/12/01 SOLD MARSH 8 MCLENNAN COMPANIES INC RAMC -1,000 98.58070 98,492.41 WITH RIGHTS TO PURCHASE PREFRD STK UDDER CERTAIN CIRCUMSTANCE EXECUTION BY GKMC COMMISSION 70.00 SEC FEE 3.29 03/15/01 03/12/01 BOUGHT SPX CORP EXECUTION BY DAIN COMMISSION 101,50 AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF SPY' 1.450 95.40000 138,446.50 03/16/01 03/13/01 BOUGHT AEOS 2.400 24.70540 59,307.96 03/16/01 03/13/01 BOUGHT BEVERLY ENTERPRISES INC NEW BEV 7.650 7.34590 56,731.64 AS OF 03/13/01 EXODUS COMMUNICATIONS INC EXDS 3,150 11.95310 37,667.27 EXECUTION BY ODWN 03/16/01 03/13/01 BOUGHT 03/16/01 03/13/01 BOUGHT HEALTH MANAGEMENT ASSOCIATES INC NEW-CL A EXECUTION BY DAN COMMISSION 717,50 ORION POWER HOLDINGS INC EXECUTION BY BARD COMMISSION 315,00 SCI SYSTEMS INC EXECUTION BY MLCO COMMISSION 122,50 SPECTRASITE HOLDINGS INC EXECUTION BY WET COMMISSION 100,50 TYCO INTERNATIONAL LTD EXECUTION BY MOW COMMISSION 59.50 HMA 10,250 14.44850 148,829.63 03/16/01 03/13/01 BOUGHT ORN 4,500 24.58070 110,943.15 03/16/01 03/13/01 BOUGHT SCI 1,750 17.11960 30,096.80 03/16/01 03/13/01 BOUGHT SITE 3,350 8.78510 29,545.59 03/16/01 03/13/01 BOUGHT TYC 850 45.80000 39,004.50 03/16/01 03/13:01 BOUGHT WEBMEHODS INC VIEBM 1,900 25.82500 49,082.50 EXECUTION BY 1WPT 02? CaST.OT :IS:43 001 Y4E6 EFTA00198356

CLEARED THROUGH NS ?nom', OME0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 Beer. SZeirns S0N, t4,1 Cc* Metsolech Cella North Beccidon. New To* 11201.3019 INSTITUTIONAL INTERESTS 18 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 03/19/01 TRADE DATE 03/14/01 b i/14/61 TRANSACTION BOUGHT GUMPTION AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF ARICCodltilioE IN WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MS00 COMMISSION 378,00 BEVERLY ENTERPRISES INC NEW SY1A3OUCUSP AECS STATEMENT PERIOD February 24.2001 THROUGH ACCCUNT NUMBER TAXPAYER IMMER March 30.2001 LAST STATEMENT ESN's). 23.2001 GUMMY PRICE 5,800 25.67530 DEBIT AMOUNT 148,931.74 121 x§.375.44 GREEN MONO 03/19/01 03/14/01 BOUGHT BEV 17,450 7.20360 126,749.82 03/19/01 03/14/01 BOUGHT COMPAQ COMPUTER CORP EXECUTION BY BMUR COMMISSION 644,00 DIAL CORP NEW EXECUTION BY MONT COMMISSION 287,00 SEC FEE 1.75 DELI. COMPUTER CORP EXECUTION BY RSSF CPO 9,200 19.68110 181,725.12 03/19/01 03/14/01 SOLD DL -4,100 12.79420 52,152.47 03/19/01 03/14/01 BOUGHT DELI. 3,800 24.62500 93,590.00 03/19/01 03/14/01 BOUGHT MICRON TECHNOLOGY INC EXECUTION BY MS00 COMMISSION 161,00 NVIDLA CORP EXECUTION BY RSSF MU 2,300 43.96800 101,302.40 03/19/01 03/14/01 BOUGHT NVDA 3,250 55.25000 179,577.50 03/19/01 03/14/01 BOUGHT 03/19/01 03/14/01 BOUGHT torrlybi einvei SCI SYSTEMS INC EXECUTION BY DAIN COMMISSION 234,50 STMICROELECTRONICS NI NY REGISTRY SHS EXECUTION BY MS00 COMMISSION 189,00 tlirEtIMYE145togiotlko EXECUTION BY MONT SEC FEE 2.21 SCI 3,350 18.73100 62,998.35 STM IYE 2,700 32.78290 88,717.83 6.85300 027 0131.01:18:43 001 Y4E6 EFTA00198357

CLEARED 'THROUGH ITS ?mow, °ME° SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 19 c? 2,t. Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 03/19401 TRADE DATE TRANSACTION 03/144'01 BOUGHT DESORPTION TEXAS INSTRUMENTS INC SEE NOTE'S' ON BACK EXECUTION BY MSCO COMMISSION 136,50 ANDRX GROUP NEW EXECUTION BY INET COMMISSION 21.00 SEC FEE 1,17 CASUAL MALE CORP MASS EXECUTION BY JEFF SEC FEE .80 NOKIA CORP-SPONSORED ADR REPSTG 1 SER A FM 6 PM OUIKSILVER INC EXECUTION BY BMUR COMMISSION 175,00 SEC FEE 2.33 APPUED MICRO CIRCUITS CORP EXECUTION BY RSSF SEC FEE 3,97 ANDRX GROUP NEW EXECUTION BY INET COMMISSION 30.00 SEC FEE 1,40 MICRON TECHNOLOGY INC EXECUTION BY RSSF COMMISSION 322,00 SEC FEE 5.93 SYTABOLCUSP GUMMY 1,950 33.02440 PRCE Beer. Saea•ns SON, t4,1 OPP. Ore Mevolech Cantm North Beccidon. New VC* 11201.3019 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH Mardi 30.2001 ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT February 23.2001 DEBIT AMOUNT 64,548.30 OPEOT AMIOcter 03/20/01 03/15/01 SOLD ADRX -700 50.00000 34.962.83 03/20/01 03/15/01 SOLD CMAL -4.000 5.98960 23.942.60 03/20/01 03/15/01 SOLD NOK -6.400 24.90000 158.906.68 03/20/01 03/15/01 SOLD ZOK -2,500 27.85970 69.456.92 03/21/01 03/16/01 SOLD AMCC -5.200 22.87500 118.931.03 03/21/01 03/16/01 SOLD ADA% .1.000 41.89440 41.84600 03/21/01 03/16/01 SOLD MAN MU 4.600 38.62500 EXECUTION BY MS00 COMMISSION 133,00 A N 1.900 67.66000 I .76 .66 177.332.07 027 03/21.01:18:42 001 VASE EFTA00198358

CLEARED THRWGH ITS niCkLY CAM.EO SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 20 vi n. Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACT/0N 03/22/01 03/19/01 SOLD OESCRPTION HARRIS CORP-DEL WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY TUCK COMMISSION 175.00 SEC FEE 1.96 LUCENT TECHNOLOGIES INC EXECUTION BY MDLD COMMISSION 542.50 SEC FEE 2.8.5 RTS ADELPHIA BUSINESS SOLUTION RC DUE 03/19/01 EXP 03/19/2001 RTS EXPIRED WORTHLESS SYMI3OUCUSP HRS %MARIN ProcE -2,500 23.50980 Beer. SZeirhs SOC,r44,1 COO. Dec Mevolech Cella North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH March 30.2001 ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT February 23.2001 DEIST AMOUNT CRITCfr roam 58,582.54 03122/01 03/19/01 SOLD LU -7,750 11.01250 84.786.53 03123/01 EXCHANGE 006847990 -78,300 03126/01 03/21/01 BOUGHT ALLEGIANCE TELECOM INC EXECUTION BY RSSF ADELPHIA COMMUNICATIONS CORP CL A EXECUTION BY JPHO SEC FEE 4.76 PACIFIC SUNWEAR OF CALIFORNIA RC EXECUTION BY RSSF SEC FEE 2.40 VENATOR GROUP INC EXECUTION BY WILCO COMMISSION 133.00 SEC FEE .85 OrgrrifekrEtrietritr ebki, EXECUTION BY RSSF SEC FEE 3.86 rliWIMMITINZTIrgtonP CL EXECUTION BY SBSH ALGX 3,850 14.68750 56.561.88 03126/01 03/21/01 SOLD ADLAC -3,800 37.54370 142.646.30 03./26101 03/21/01 SOLD PSUN -2.450 29.35420 71.900.39 03126/01 03/21/01 SOLD BETY;51 T"'' N= 'S'8i5 MEE IM -1.900 13.35000 25.216.15 -5.200 22.21470 115.497.58 5.200 10.50000 54,615. 027 0231.01:18:43 001 v466 EFTA00198359

CLEARED THRCOGH ITS YiHOU.Y OWNED SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOLM Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 21 c?n. Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE TRADE DATE TRANSACTION DESORPTION SIMBOLCUSP OW.Wiire NM DEBIT AMOUNT CAED1 AhnOct.7 0327/01 03122/01 BOUGHT ORION POWER HOLDINGS INC ORN 2.500 27.04950 67/88.75 EXECUTION 8Y BUCK COMMISSION 16010 0128101 01 01 HY AuloigfirttaMi INO ALGX 3.550 15.40420 54.699.91 EXECUTION BY RSSF 0328101 0323101 BOUGHT K MART CORP KM 7.700 8.51150 66.092.55 EXECUTION BY MSCO COMMISSION 639.00 0328101 0323:01 BOUGHT MCLEODUSA INC-CL A MCLD 4.650 9.63320 44.809.38 FORMERLY MCLEOD INC EXECUTION BY JPHO 0328101 0323101 BOUGHT METROMEDIA FIBER NETWORK INC MFNX 35.000 5.61120 196.407.00 CL A EXECUTION BY DRKW cia+2aoi 0323:01 BOUGHT NOVA CHEMICALS CORP NCX 4.500 19.19200 86.694.00 EXECUTION BY DRKW COMMISSION 315.00 0328101 0323101 BOUGHT SPX CORP SPW 600 92.66000 55.647.00 EXECUTION BY BUCK COMMISSION 36.00 0328101 0323:01 BOUGHT SOLUTIA INC SOI 6.000 12.77480 77.08180 EXECUTION BY FANA COMMISSION 420.00 0328101 0323101 BOUGHT TYCO INTERNATIONAL LTD TYC 1.500 44.65040 67.095.60 EXECUTION BY GKMC COMMISSION 105.00 0328101 0323:01 BOUGHT TIME WARNER TELECOM INC MC 3.900 38.06250 148.458.75 CLASS A EXECUTION 8Y JPHO 0328101 032101 BOUGHT TIMBERLAND CO-CL A TBL 1.800 51.43410 92.704.38 EXECUTION BY BUCK COMMISSION 108.00 Beer. SleamS SePriliti Cap. Cho Mettotech Corder HORN etCCidel. Nee; Tv* I120I.385.9 INSTITUTIONAL INTERESTS STATEMENT PER100 February 24.2001 THROUGH March 30.2001 ACCOLM NUMBER TAXPAYER NUMBER LAST STATEMENT February 23.2001 027 030101:18:43 DOI VMSG EFTA00198360

CLEARED 'THROUGH ITS ?mow, °ME° SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 22 o2.t. Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE TRADE DATE TRANSACTION DESCRPTKIN STME/OLCUSP °mom. PRCE DEBIT AMOUNT CFEOIA/lOcter 03/28/01 03/23/01 BOUGHT UNITEDGLOBALCOM UCOMA 4,050 11.23440 45,51432 CL A EXECUTION BY SBSH bbaliki 614161 touole vd1MAYKeetWiddri v .450 4.1580 14. 4 .16 COM EXECUTION BY RSSF biddybi U4161 toudrir xo dOMMuNZA11514§INS x6k6 4.200 7.06250 30.262.75 CL A EXECUTION BY SI3SH 03/29/01 03/26/01 SOLD ALLERGAN INC AGN -1.900 71.03100 134.806.40 EXECUTION BY COWN COMMISSION 133,00 SEC FEE 4,50 03/29/01 03/24/01 SOLD JONES APPAREL GROUP INC JNY -1.500 36.88110 55.214.80 EXECUTION BY BUCK COMMISSION 90.00 SEC FEE 1.85 orratt 03/26/01 BOUGHT K MART CORP KM 7.700 8.97970 69,620.69 EXECUTION BY MSCO COMMISSION 462,00 03/29/01 03/26/01 SOLD POLO RALPH LAUREN CORP-CL A RL 1.450 25.24990 36.509.13 EXECUTION BY BUCK COMMISSION 87.00 SEC FEE 1,23 03/29/01 03/26/01 SOLD VENATOR GROUP INC -2.300 13.35060 30.529.35 EXECUTION BY YKCO COMMISSION 16140 SEC FEE 1.03 AS OF 03/26/01 03/30/01 03/27/01 BOUGHT APPUED MICRO CIRCUITS CORP AMCC 5.400 22.34380 120471.52 EXECUTION BY COWN 03/30/01 03/27/01 BOUGHT APPUED MATERIALS INC AMAT 3.300 50.93750 168,108.75 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY JPHO Beer. Saea•ns S0N, t4,1 Cap. OtoMetsolech Contm North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH Mardi 30.2001 ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT February 23.2001 027 0201.01a:43 001 V466 EFTA00198361

CLEARED THRWGH ITS witekLY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New York. New York 10167 23 0 0. Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE TRADE DATE TRANSACTION DESORPTION SIRAFICX CUSP OJWTHY ma DEBIT AMOUNT CREDIT NAOLNT 03/30/01 03/27/01 SOLD JONES APPAREL GROUP INC JNY -2,800 38.42780 107,383.25 EXECUTION BY SIMAM COMMISSION 196,00 SEC FEE 3.59 03/30/01 03/27/01 BOUGHT MICRON TECHNOLOGY INC MU 3.650 48.05170 175,659.21 EXECUTION BY GOWN COMMISSION 255,50 03/30/01 03/27/01 BOUGHT RESEARCH IN MOTION LTD RIMM 1.800 21 99600 39,661 80 NEW EXECUTION BY INET COMMISSION 54,00 03/30/01 03/27/01 BOUGHT RESEARCH IN MOTION LTD RIMM 5,500 25.58900 140,754.50 NEW EXECUTION BY FBCO 03/30/01 03/27/01 BOUGHT STMICROELECTRONICS N STM 2,500 38.01850 95,236.25 NY REGISTRY SHS EXECUTION BY MSCO COMMISSION 175,00 03/30/01 03/27/01 BOUGHT TIBCO SOFTWARE INC TIBX 15,000 9.75000 146,265.00 EXECUTION BY TWPT 03/30/01 03/27/01 BOUGHT TRANSWITCH CORP UGC 7,300 16.00000 116,815.00 EXECUTION BY RSSF 03/30/01 03/27/01 SOLD VENATOR GROUP INC -750 13.23990 9.869.59 EXECUTION BY BUCK COMMISSION 45.00 SEC FEE .34 03/30/01 03/27/01 BOUGHT VITESSE SEMICONDUCTOR CORP VTSS 5.000 29.87500 149,390.00 EXECUTION BY RSSF 0320/01 0327/01 BOUGHT WEBMETHODS INC WEBM 2.000 29.81250 59.640.00 EXECUTION BY JPHO TOTAL 6.7.647.892.16 $5.763.504.30 Beer. STe9•ns SOC,r44,1 COO. 0 -41km:tech Center North Beccidon. New VC* 112013859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH Mardi 30.2001 ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT February 23.2001 02? O2,Sl01 :IS:42 DOI V466 EFTA00198362

CLEARED THRWGH ITS niCkLY CA1h.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 24 Transaction Detail (continued) MONEY FUND ACTIVITY Beer. Szeirns Secw.t.ti Coro. 0 -41km:tech Comer North Beccidon. New Yelt 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH Mardi 30.2001 ACCOUNT NUMBER TAXPAYER KISSER LAST STATEMENT February 23.2001 DATE 1.13DAY *RANSI,ION DESCRIPMN SYMBOLCVSIP OWNTRY PACE DEBIT AMOUNT CREDIT AMOUNT 02/24/01 OPENINGBALANCE 2.958.811.53 03/07/01 BOUGHT NtiERMEIMBAKuo GTDXX 1.000.000 1.0000 1.000.000.00 03/13/01 BOUGHT THE TREASURERS FUND INC G1OX 300.000 1.0000 300.000.00 DOMESTIC PRIME MAA PORTFOLIO 03/14/01 SOLD THE TREASURERS FUND INC GTDXX -400.000 1.0000 400000.00 DOMESTIC PRIME 104.4 PORTFOLIO 03/15/01 SOLD THE TREASURERS FUND INC GTDX( -550.000 1.0000 550000.00 DOMESTIC PRIME 104.4 PORTFOLIO 03/16/01 SOLD THE TREASURERS FUND INC GTDXX -1.100.000 1.0000 1.100.000.00 DOMESTIC PRIME MAA PORTFOLIO 03/21/01 DIVIDEND THE TREASURERS FUND INC GTDXX 11.953.32 DOMESTIC PRIME MAA PORTFOLIO MONTHLY DIVIDEND 03/21/01 REINVEST THE TREASURERS FUND INC GTDXX 11.953.32 11.953.32 DOMESTIC PRIME ROA PORTFOLIO MONTHLY DIVIDEND REINVESTED 03/22/01 BOUGHT THE TREASURERS FUND INC GTDXX 500.000 1.0000 500.000.00 DOMESTIC PRIME 104.4 PORTFOLIO 03/23/01 BOUGHT THE TREASURERS FUND INC GTDXX 300.000 1.0000 300.000.00 DOMESTIC PRIME 104.4 PORTFOLIO 03/26/01 BOUGHT THE TREASURERS FUND INC GTDX 25.000 1.0000 25.00000 DOMESTIC PRIME 104.4 PORTFOLIO 03/27/01 SOLD NEMPREIMMAKuo GTDX -1.000.000 1.0000 1.000.000.00 03/28/01 BOUGHT THE TREASURERS FUND INC G1OX 150.000 1.0000 150.000.00 DOMESTIC PRIME IMA PORTFOLIO 03/29/01 SOLD THE TREASURERS FUND INC GTDXX -1.050.000 1.0000 1.050.000.00 DOMESTIC PRIME WA PORTFOLIO 03/30/01 CLOSINGBALANCE 1,145,764.85 TOTAL $.2.286.953.32 $4.111.953.32 02? 03131.01:18:43 001 V4E8 EFTA00198363

CLEARED THROUGH ITS ?RIMY 0"E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 25 c! n. Transaction Detail (continued) DIVIDENDS Beer. SZeirhs S0C,r44,1 OPP Otto Mem:tech Cella North Beccidon. New Ye* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD February 24.2001 THROUGH March 30.2001 ACCCUNT NUMBER TAXPAYER WEBER LAST STATEMENT February 23.2001 DATE DESORPTION SYMBOAUSIP CAIMITITY RATE tell DEBIT AMOUNT CREDIT AMOUNT 03/01/01 HCA-HEALTHCARE CO HCA 12,100 0.0200 242.00 REC 02/01/01 PAY 02001/01 03/15/01 CUMMINS ENGINE CO INC CUM 2.100 0.3000 630.00 REC 03/0I/01 PAY 03/15/01 03/16/01 HARRIS CORP-DEL HRS 14.850 0.0500 742.50 REC 03/0691 PAY 03/16/01 03/30/01 MILLENNIUM CHEMICALS INC MCH 10.400 0.1500 1.560.00 REC 03/14/01 PAY 03/30/01 WH 156.00 FOREIGN TAX WITHHELD TOTAL 5-156.00 $3.174.50 INTEREST DATE DESORPTION 03/21/01 INT CR MAR 01 SYMOCUCUSIP GUMMY RATE 1%) DENT AMOUNT CREDO AMOUNT 5,920.62 TOTAL 65.920.62 MISCELLANEOUS DATE &COAT 03/01/01 JOURNAL TOTAL TPAAISACTCN DESCRIPTON 02/01 CIA CHG 25 DEER AMOUNT CREPT MOUNT 66.00 $66.00 02? 02/21.01:10:42 001 V4E0 EFTA00198364

CLEARED IHRaIGH ITS ~GUY OtM.ED SUBSIDIARY BEAR STD;RNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New YY New York 10167 26 Beer. Stetrns Off. Cr.* Moveloch Conte< North Brock/pl. New rak 11201.2819 INSTITUTIONAL INTERESTS STATEMENT PERIOD Pitman/ 24.2001 THROUGH March 30.2001 Trades Executed Pending Settlement summon TRADE DATE DATE 'R4NS4,713`l DESORPTION STMEIOLICLISP CAAWfIlY PIECE ACCOUNT NUMBER TAXPAYER PRIMER LAST STATEMENT DEBIT AMOUNT February 23.2001 CREDIT 478JUNT 04/02/01 03/28/01 SOLD UIK ILV IN Z -1,000.00 27.4050 27,329.08 04/02/01 03/28/01 BOUGHT SPECTRASITE HOLDINGS INC SITE 8,450.00 4.5198 38,207.31 04/03/01 03/29/01 BOUGHT BARR LABORATORIES INC BRL 1,900.00 56.6628 107,788.32 04/03/01 03/29/01 BOUGHT KENNETH COLE PRODUCTIONS INC KCP 2,000.00 24.2050 48.545.00 Ci A 04/03/01 03/29/01 SOLD FOOTSTAR INC FTS -3,500.00 40.1379 140,252.97 04/04/01 03/30/01 BOUGHT INRANGE TECHNOLOGIES CORP aB INRG 4,400.00 7.6583 33,711.52 04/04/01 03/30/01 SOLD VBNATOR GROUP INC Z -1.500.00 13.8191 20.607.95 TOTAL $228,252.15 $188,190.00 The Sore Irodn dl nol awes: in bry ollx• whon of Sin Stalemert End of Statement 027 02,21.01:18:43 001 V468 EFTA00198365

CLEARED THROUGH ITS YiHMV 0"E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Path Avenue New York, New York 10167 Beer. SZNyns SON, t4,1 SNP Ore Metsolech Coma North Beccidon. New Tuk 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD THROUGH January 27.2001 Faxuasy 23.2001 What's In This Statement Financial Summary 3 IIIIIIIIIIIIIIIII I I INSTITUTIONAL INTERESTS ACCCUNT NUMBER TAXPAYER NUMBER LAST STATEMENT January 26.2001 Your Portfolio Holdings 4 CIO FINANCIAL TRUST COMPANY Transaction Detail 8 ATTN LARRY KEMP Fund Activity 15 Trades Not Yet Settled 17 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE OF SECURITIES THIS PERIOD 15,093,194 Cash 3 Equvalent $3.922.293 54.500.982 NET CREDIT BALANCE 963,481 Equines 815.093.194 "tuara.I` ”fulafl' "fulafl' "tuass.I` 515.040.514 MONEY MARKET FUND BALANCE 2,958,812 la Current market value NET EQUITY TINS PERIOD $19,015,487 gal Last statements market value NET EOUITY LAST STATEMENT 19,541,496 CHANGE SINCE LAST STATEMENT -526,009 There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. Sit Tin PONTMTYS doemarmnal wimps ply a Hatc overdid as a tau do-pan Nateenera shoal b• maned for your records Set 'tent cdo fa" mporlare nfoinson 027 0224.01:22:22 001 EFTA00198366

CLEARED 1HROUGH RS vnICUY 0"E0 SUBSIDIARY Beer. Szewee Secwititi GOO. Ce4 Meal:tech COMO( HMO acedCon. Hew Year 11201.3858 INSTITUTIONAL INTERESTS 2 el is STATEMENT BACKER IS PRINTED ON THIS PAGE 027 022401:22:22001 EFTA00198367

CLEARED 1HRWGH ITS ?RIMY 0\YNE0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York New York 10167 3 v/ Beer. Saea•ns SON, 14,1 Cory. OtoLletioloch Center North BrodCon. New To* 11201.3019 INSTITUTIONAL INTERESTS Cash Flow Analysis Income Summary STATEMENT PERM January 27.2001 THROUGH Peewee 23.2001 ACCOUNT NUMBER TAXPAYER WESER THIS PERIOD TICS PERIOD YEAR TO DATE LAST STATEMENT January 26.2001 Opening Balance $955,119.95 Dividends 13,907.70 27,293.07 Substitute Payment 0.00 630.00 Securities Sold 3,782,941.45 Credit Balance Int. 6.026.52 15,582.47 Money Fund 612,949.20 Total $19,934.22 $43,505.54 Dividends Interest 6.985.02 Miscellaneous 144.50 Shod Dividends 0.00 -144.50 Amount Credited $4.403,020.17 Securities Bought -4,381.561.17 Portfolio Composition Money Fund -12.949.20 Cash,Cash Equivalent 3,922,293 Miscellaneous -146.50 Equities 15,093,194 Amount Debited 5-4.394.658.87 Total $19,015,487 Net Cash Activity 8.361.30 Your Portfolio Allocation Closing Balance 5963.481.25 Cash Balance Summary OPENING CLC61NO Cash 46.515.77 46,515.77 Margin 908.604.18 916,965.48 Net Cash Balance $355.119.95 5963.481.25 Cash 8 Equivalent 21% Equities 79% Unto,led croons °ono* oar bee, ce *NW Orr engem vote, Tb olorahr certetwar is ee•aed Man th, obaLte market rabe el ycv parloo 027 0224.01:22:22 001 EFTA00198368

CLEARED THROUGH ITS ?mem.? OW,E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 4 c, Beer. Saea•ns SON, t4,1 Cory. 0-40cm:tech CarrIN North BecciOon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERM January 27.2001 THROUGH February 23.2001 Your Portfolio Holdings CASH & CASH EQUIVALENTS ACCCUNT NUMBER TAXPAYER WESER LAST STATEMENT January 26.2001 MARKET ESTIMATED DESCRIPTION SYMOOLCUSP OUAMITT PRCE VALUE ANNUAL tICOLIE CASH BALANCE 963.481 NE TREASURERS FUND INC GTCOOL 2,958.811.53 1.0000 2.958.812 150,899 DOMESTIC PRIME MINT PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $3.922.293 5150.899 EQUITIES Equities & Options ACCT MARKET ESTIMATED CURRENT DESCRIPTION S1MBOUCUSIP TYPE OUANTITY PRCE VALLE ANNUAL tICOIAE YELD I'M ABERCROMBIE & FITCH CO-CL A ANF MRGN 13,450 28.2100 379,425 ACTV INC IAN MRGN 22,300 4.9690 110,809 ADELPHLA BUSINESS SOLUTIONS ABIZ MRGN 52,200 5.4380 283.864 INC CL A AT&T CORP LIBERTY MEDIA GROUP LMGA MRGN 30,800 14.6000 449.680 SERI A AMERICAN EAGLE OUTFITTERS INC AEOS MRGN 8,700 55.5000 482.850 NEW ANDFU( GROUP ADRX MRGN 1.700 56.8130 96.582 NEW ADELPHIA COMMUNICATIONS CORP ADLAC MRGN 24.754 42.1250 1.042.762 CL A AMERICAN EXPRESS COMPANY AXP MRGN 4.000 44.9000 179.600 1,280 0.7127 AMERICAN STANDARD COMPANIES ASD MRGN 5.800 54.4700 315.926 INC.DEL 027 02)200122:22 001 EFTA00198369

CLEARED THROUGH ns ?mow, OW,E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 5 Beer. SZeirns SOC.r.t.t1 CO,P. Ore Metsolech Contof North Betatron. New Year 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27.2001 THROUGH Fctruwy 23.2001 Your Portfolio Holdings (continued) Equities & Options (continued) ACCT DESCRPTION SYMBOUCUS1P TYPE OUANDTT PACE UMW VALLE (STEWED ANNUAL INCOME CURRGNIT YELD ACCCUNT NUMBER TAXPAYER NLISEER LAST STATEMENT January 26.2001 BAKER J INC JBAK MRGN 19,000 7.1880 136.572 1,140 0.8347 CHILDRENS PLACE RETAIL STORES PLCE CASH 9,900 21.1250 209.138 INC CITIZENS COMMUNICATIONS CO CZN MRGN 57.500 15.0100 863.075 CITIGROUP INC C MRGN 2,000 48.2000 96.400 1.120 1.1618 CABLEVISION SYSTEMS CORP-CL A CVC MRGN 900 77.0500 69.345 KENNETH CCU PRODUCTIONS INC KCP MRGN 2,800 29.4500 82.460 CL A CONSCIJDATED STORES CORP CNS MRGN 13.550 13.2100 178.996 CUMMINS ENGINE CO INC CUM MRGN 2.100 36.4000 76.440 2.520 3.2967 DIAL CORP NEW DT. MRGN 4.100 13.7900 56.539 656 1.1603 ELECTRIC LIGHTWAVE INC-CL A ELIX MRGN 51,100 4.1250 210,788 EXODUS COMMUNICATIONS INC EXDS MRGN 12,600 15.1880 191,369 FOOTSTAR INC FTS MRGN 5.100 45.7000 233.070 FEDERATED DEPARTMENT STORES FD MRGN 10.600 44.1500 467.990 INC-DEL B F GOODRICH CO GR MRGN 11,100 40.8700 453.657 12,210 2.6915 PUT GOODRICH B F MAY 030 OBOE GROF MRGN 70 0.6000 4.200 FXP 05n9i2001 ITT INDUSTRIES INC ITT MRGN 8,200 39.7500 325.950 4,920 1.5094 I-MANY INC IMNY MRGN 35,200 17.3750 611.600 INRANGE TECHNOLOGIES CORP INRG MRGN 21,000 12.5000 262.500 CL B 027 02.24,0122:22 001 EFTA00198370

CLEARED THROUGH na ?RIMY 0"E0 SUBSIDIARY BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 6 Your Portfolio Holdings (continued) Equities & Options (continued) DESCRIPTION SYMECLO-bcP ACCT DPE OUQITITY PACE MARKET VALLE (STEWED ANNUAL INCOME CURFEW YEW 1/4 HCA-HEALTHCARE CO HCA MRGN 12,100 38.3000 463,430 968 0.2089 HARRIS CORP-DEL HRS MRGN 14,850 25.3500 376.448 2,970 0.7890 HEALTH MANAGEMENT ASSOCIATES HMA MRGN 5,900 17k200 100.418 INC NEW-CL A JONESAPPAREL GROUP INC JNY MRGN 14,600 37.7600 551.296 MCLEODUSA INC-CL A MCLD MRGN 16.300 13.5630 221.077 FORMERLY MCLEOD RC MILLENNIUM CHEMICALS INC MCH MRGN 10.400 16.9000 175.760 5.616 3.1953 MCKESSON HBOC INC MCK MRGN 12.000 31.4600 377.520 2.880 0.7629 COM MARSH & MCLENNAN COMPANIES INC MMC MRGN 1.500 105.3400 158.010 3.000 1.8986 METHANEX CORP MEOH MRGN 51.100 6.2190 317.791 NAUTICA ENTERPRISES INC NAUT MRGN 11.450 18.2500 208.963 NOKIA CORP-SPONSORED ADR NOK MRGN 3.600 21.3400 76.824 778 1.0127 REPSTG 1 SERA FM 5 PAR POLO RALPH LAUREN CORP-CL A RL MRGN 11.700 29.1800 341.406 PACIFIC SUNWEAR OF CALIFORNIA PSUN MRGN 9,700 32.4380 314.649 INC OUIKSILVER INC ZOK MRGN 22.742 25.9000 589.018 SCI SYSTEMS INC SCI MRGN 3,500 23.8300 83,405 SPX CORP SPW MRGN 500 99.2800 49,640 SPECTRASITE HOLDINGS INC SITE MRGN 15.900 13.2500 210.675 SENSORMATIC ELECTRONICS CORP SRM MRGN 12.050 21.4500 258.473 Beer. SZeirhs SOC,r44,1 C0,1‘ 0 -41km:tech Cella North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERM January 27.2001 THROUGH Fctruwy 212001 ACCCUNT NUMBER TAXPAYER NUMBER LAST STATEMENT January 26.2001 02T 0224,01:2222 001 EFTA00198371

CLEARED THRWGH ITS wilekLY OMnE0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 7 Your Portfolio Holdings (continued) Equities & Options (continued) DESORPTION SIMS& (LbtP ACCT DPE OUANDTT PRCE MARKET VALLE ESTIMATED ANNJAL INCOME CURFENT YEW b4/ TYCO INTERNATIONAL LTD TYC MRGN 2,900 53.7800 155.962 145 0.0930 TJX COMPANIES INC NEW TJX MRGN 3,100 30.6700 95.077 496 0.5217 TENET HEALTHCARE CORP THC AARON 9,250 45.9100 424.668 TIMBERLAND CO-CL A TBL AARON 6.350 55.4000 351.790 TOMMY HILFIGER CORP-ORD TOM AARON 16.300 14.6200 238.306 USA NETWORKS INC USAI AARON 10.800 22.3130 240.980 UNITED RETAIL GROUP INC URGI AARON 16.700 5.6880 94.990 UNIVERSAL HEALTH SERVICES INC UHS AARON 3.200 81.9000 262.080 CL 8 VERA TECHNOLOGY INC VITR MRGN 22.900 4.8750 111.638 COM VENATOR GROUP INC MRGN 18.200 11.0000 200.200 X0 COMMUNICATIONS INC X0X0 MRGN 11.700 14.6250 171.113 CL A Total Equities& Options 515.093.194 $40,699 TOTAL EQUITIES 515.093.194 $40,699 YOUR TOTAL ESTIMATED ANNUAL INCOME $191,598 YOUR PRICEDPORTFOLIOHOLDINGS $19,015,487 Beer. SZeirns SON, 14,1 Core. 0re Menclech Center North BecciOon. New VC* 11201.3959 INSTITUTIONAL INTERESTS STATEMENT PERM January 27.2001 THROUGH February 23.2001 ACCIWNT NUMBER TAXPAYER WESER LAST STATEMENT January 26.2001 027 0244,01:22:22 001 EFTA00198372

CLEARED THROUGH nS 0%M.E0 SUBSIDIARY BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 8 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE PATE TRANSACTiON DESORPTION STME/OLOUSJP 01/29/01 01/24/01 SOLD TOMMY HILFIGER CORP-ORD TOM EXECUTION BY GOWN COMMISSION 220,50 SEC FEE 1,54 01/30/01 01/25/01 SOLD CVANTITY -3,150 14.58090 45,692.80 Beer. SZeirns SON, b81 COO. Dec Mem:tech Contm North Beccidon. New Tuft 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERM January 27.2001 THROUGH Februwy 23.2001 ACCCUNT NUMBER TAXPAYER NUUSER LAST STATEMENT January 26.2001 Pala DEBIT AMOUNT CREPT ATADUNT KENNETH CCU PRODUCTIONS INC CL A EXECUTION BY GKMC COMMISSION 91,00 SEC FEE 1,65 IMPCO TECHNOLOGIES INC EXECUTION BY RSSF SEC FEE 1,15 KCP -1,300 37.92110 49,189.78 01/30/01 01/25/01 SOLD IMCO -1.900 18.09380 34,362.07 01/30/01 01/25101 SOLD WATSON PHARMACEUTICALS INC WPI -3.800 54.21780 205,754.77 AS OF 01/25101 01/31/01 01/26/01 BOUGHT ANALOG DEVICES INC WITH RIGHTS TO PURCHASE COMMON SW UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF COMMISSION 266,00 EXODUS COMMUNICATIONS INC EXDS 6.300 25.06250 157,908.75 EXECUTION BY TWPT ADI 3.800 53.75000 204,531.00 01/31/01 01/26/01 BOUGHT 01/31/01 01/26/01 BOUGHT LUCENT TECHNOLOGIES INC LU 9.800 17.70000 174,161.00 EXECUTION BY RSSF COMMISSION 68600 MAXIM INTEGRATED PRODUCTS INC MXIM 2.700 62.55360 168,909.72 EXECUTION BY TWPT 01/31/01 01/26/01 BOUGHT 01/31/01 01/26/01 BOUGHT PMC-SIERRA INC EXECUTION BY SLKC PMCS 3.100 70.99220 220,090.82 01/31/01 01/26/01 BOUGHT TEXAS INSTRUMENTS INC SEE NOTE •S• ON BACK EXECUTION BY RSSF COMMISSION 308,00 DIN 4.400 41.46880 182,785.72 027 02,24,01:22:22 001 EFTA00198373

CLEARED THRWGH ITS niCkLY OtM.E0 SUBSIDIARY BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 9 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACT/ON 02/01/01 01/29/01 SOLD DESCRIPTION AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF SEC FEE 6,33 MAXIM INTEGRATED PRODUCTS INC EXECUTION BY TWPT AMEAltiN KANI dulritYEtt NEW EXECUTION BY RSSF SEC FEE 3.54 FOOTSTAR INC EXECUTION BY BUCK COMMISSION 48,00 INTEL CORP EXECUTION BY RSSF SEC FEE 7.42 MAXIM INTEGRATED PRODUCTS INC EXECUTION BY TWPT SEC FEE 2.22 PMC-SIERRA INC EXECUTION BY INET COMMISSION 24,00 SEC FEE 2,06 ACTV INC EXECUTION BY SBSH SEC FEE 1,05 AMERICAN EAGLE OUTFITTERS INC NEW WITH DUE Boa SPLT 3: 2 EXECUTION BY RSSF SEC FEE 3,87 SY1A3OUCUSV AEOS CUPARITY PRICE -3,500 54.18360 Beer. SZeirns SON, t4,1 COO. Cc* Metsolech Cella North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27.2001 THROUGH Fetruwy 23.2001 ACCCUNT NUMBER TAXPAYER NU1A3ER LAST STATEMENT January 26.2001 DEEDAMCOR MEM AACUNT 189,621.27 02/01/01 01/29/01 BOUGHT bkrearbi 6146/61 sacra MXIM AO§ 1.200 57.16670 .1.900 55.8781d 68.615.04 164,146.46 02/02/01 01/30/01 BOUGHT FTS 800 38.77380 31,082.04 02/02/01 01/30/01 SOLD INTC -5,900 37.68750 222,333.83 02/02/01 01/30/01 SOLD MXIM -1,150 57.75000 66,395.28 02/02/01 01/30/01 SOLD PMCS -800 77.20050 61,719.34 02/05/01 01/31/01 SOLD IAN -4,100 7.61560 31,207.91 02/05/01 01/31/01 SOLD AEOS -2,000 57.94530 115,871/3 027 022507.2222 COI EFTA00198374

CLEARED 1HRWGH ITS niCkLY OM .E0 SUBSIDIARY BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 10 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACT/DM 02/05/01 01/31/01 SOLD DESORPTION ANALOG DEVICES INC WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY DOWN COMMISSION 266,00 SEC FEE 7,98 AVNET INC EXECUTION BY TUCK COMMISSION 287,00 SEC FEE 3,72 COMPAQ COMPUTER CORP EXECUTION BY TUCK COMMISSION 273,00 SEC FEE 3.20 INRANGE TECHNOLOGIES CORP CL B EXECUTION BY INET COMMISSION 18.00 LUCENT TECHNOLOGIES INC EXECUTION BY JROO COMMISSION 686,00 SEC FEE 6.05 MAXIM INTEGRATED PRODUCTS INC EXECUTION BY TWPT SEC FEE 5,60 NVIDTA CORP EXECUTION BY RSSF SEC FEE 4.40 NOKIA CORP-SPONSORED ADR REPSTG 1 SER A FM 5 PM EXECUTION BY BUCK COMMISSION 318,00 %E WEN EXECUTION BY TWPT SEC FEE 6.19 SY1A3OUCUSIP ADI CAJANTITY -3,800 PRICE 62.98300 Beer. SZeirns SON, t4,1 COO. Otto Meucilech Contm North Beccidon. New Year 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERM January 27.2001 THROUGH February 23.2001 ACCCUNT NUMBER TAXPAYER NU1A3ER LAST STATEMENT January 26.2001 DEIST AMOUNT croon AMOUNT 239,046.42 02/05/01 01/31/01 SOLD MT -4,100 27.18530 111.154.01 02105/01 01/31/01 SOLD CPO -3,900 24.59840 95.642.56 02/05/01 01/31/01 BOUGHT INRG 600 22.41190 13,480.14 02/05/01 01/31/01 SOLD LU -9,800 18.51520 180.741S1 02/05/01 01/31/01 SOLD MXIM -2,750 59.92860 164.783.15 02/05/01 01/31/01 SOLD NVDA -2,500 52.79170 131.959.85 02/05/01 01/31/01 BOUGHT MEM "'' '81751761 i ""''' NOK RE§ 5.300 35.25000 187.158.00 80.64 185.464.15 027 022507.2222 COI EFTA00198375

CLEARED THRWGH ITS niCkLY 0%M.E0 SUBSIDIARY BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACTION 02/05/01 01/31/01 SOLD DESCFOPTION RESEARCH IN MOTION LTD FEW EXECUTION BY SBSH SEC FEE 2.87 TEXAS INSTRUMENTS INC SEE NOTE '5' ON BACK EXECUTION BY COWN COMMISSION 308,00 SEC FEE 6.67 TIMBERLAND CO-CL A EXECUTION BY BUCK COMMISSION 192,00 VITFIIA TECHNOLOGY INC COM EXECUTION BY RSSF SEC FEE ,57 B F GOODRICH CO WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MLCO COMMISSION 287,00 MAXIM INTEGRATED PRODUCTS INC EXECUTION BY 1WPT SYMBOL:CUSS' RIMM WARM -1,200 NICE 71.61800 Beer. SZeirns S0N, t4,1 SNP CeoLlevalech Cantm North Beccidon. New Tuft 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27.2001 THROUGH Fctruwy 23.2001 ACCCUNT NUMBER TAXPAYER NLAA3ER LAST STATEMENT January 26,2001 DEBIT AMOUNT CREDIT AMOUNT 85,923.73 02/05/01 01/31/01 SOLD TXN -4,400 45.46280 199,706.65 02105/01 01/31/01 BOUGHT TBL 3,200 63.87090 204,593.88 02105/01 01/31/01 SOLD VTR -2,000 8.50000 16,984.43 02/06/01 02/01/01 BOUGHT GR 4,100 36.36630 149.403.83 02/06/01 02101/01 BOUGHT MXIM 1,900 62.20000 118,195.00 02106/01 02/01/01 BOUGHT NOKIA CORP-SPONSORED ADR REPSTG 1 SER A FM 5 PM EXECUTION BY GSCO COMMISSION 126,00 PMC-SIERRA INC EXECUTION BYMPT NOK 1,800 34.38800 62,039.40 02106/01 02/01/01 BOUGHT PMCS 2,300 76.35420 175,629.66 02/06/01 02/01/01 SOLD Utheibi oitemai OWOHY OUIKSILVER INC EXECUTION BY BUCK COMMISSION 4830 SEC FEE ,66 §caltk4Mo EXECUTION BY GSCO COMMISSION 245,00 ZOK -800 24.50000 i500 29.59520 103.t445.0 19,536.34 O2T 022401:22:22 001 EFTA00198376

CLEARED THROUGH na witCkLY OtM.E0 SUBSIDIARY BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE TRADE DATE TRANSACTION DESORPTION STME/OLGUSP WANTRY ProcE DEBIT AMOUNT CREDIT ATAJUNT 02/06/01 02/01/01 BOUGHT TOMMY HILFIGER CORP-ORD TOM 16,300 14.89110 243,702.93 02/06/01 02/01/01 BOUGHT USA NETWORKS INC USAI 2,900 20.47780 59,400.62 EXECUTION BY SBSH 02/07/01 02/02/01 BOUGHT CONSCUDATED STORES CORP CNS 8.100 12.51710 101,970.51 EXECUTION BY RHCO COMMISSION 567,00 02/07/01 02/02/01 SOLD IMPCO TECHNOLOGIES INC IMCO -4.900 21.12500 103.494.04 EXECUTION BY RSSF SEC FEE 3,46 02/07/01 02/02/01 SOLD MAXIM INTEGRATED PRODUCTS INC MXIM .1.900 61.75000 117.306.08 EXECUTION BY CONN SEC FEE 3,92 02/07/01 02/02/01 SOLD PMC-SIERRA INC PMCS 2.300 69.34740 159.409.70 EXECUTION BY INET COMMISSION 69,00 SEC FEE 6.32 02/07/01 02/02/01 SOLD NUTRIA TECHNOLOGY INC VITR -3,900 8.12500 31,671.44 COM EXECUTION BY RSSF SEC FEE 1.06 02/07/01 02/06/01 SOLD CALL ECIJPSYS CP FEB 020. m 2788569B7 -58 6.31250 36,437.27 EXP 02(17/2001 AVG PRICE SHOWN-DETALS ON REO ACTUAL CONFIRM TO YOUR AGENT CLOSING CONTRACT 02/09/01 02/06/01 BOUGHT ABERCROMBIE 8 FITCH CO-CL A ANF 8.700 29.78480 259,751/6 EXECUTION BY OPOO COMMISSION 609,00 02/09/01 02/06/01 SOLD ANNTAYLOR STORES CORP ANN .6.200 27.48440 169,948.59 EXECUTION BY MS00 Beer. SZeirhs SOC,r44,1 COO. 0 -41km:tech Contm North Beccidon. New To* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERM January 27.2001 THROUGH Fctruwy 23.2001 ACCCUNT NUMBER TAXPAYER NU1A3ER LAST STATEMENT January 26.2001 COMMISSION 434,00 SEC FEE 6,69 027 0224,01:2222 001 EFTA00198377

CLEARED 1HRWGH nS niCkLY OtM.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Path Avenue New York. New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) Beer. SZeirns SON, t4,1 Dap. Ore Momtech Cella North Beccidon. New VC* 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERM January 27.2001 THROUGH February 23.2001 ACCCUNT NUMBER TAXPAYER NUUSER LAST STATEMENT January 26.2001 SETTLEMENT TRADE DATE DATE TRANSACTM CESCRPTION SYMBOLCUS/P CVANTITY Pp.ce DEBIT AMOUNT 02/09/01 02/06/01 BOUGHT CONSOLIDATED STORES CORP CNS 3,500 12.78420 45,004.70 EXECUTION BY PRUS COMMISSION 245.00 bkitekei oitaedevi toutHY gx6out 65kiMuaall6 t INC @it65 6.3110 18.80550 11 . 7 .1i5 Urbixibt oitosievi EXECUTION BY NET COMMISSION 189.00 vtkArbiti al5iM3 Ad 2 -16,600 11.45750 11i.856.18 EXECUTION BY WEDS COMMISSION 700.00 SEC FEE 3.82 AS OF 02/05/01 ABERCROMBIE & FITCH CO-CL A EXECUTION BY BUCK COMMISSION 168.00 CONSOLIDATED STORES CORP EXECUTION BY DAN COMMISSION 136.50 POLO RALPH LAUREN CORP-CL A EXECUTION BY MSOO COMMISSION 665.00 AMERICAN EAGLE OUTFITTERS INC AEOS 1,750 54.65630 95.663.53 NEW WITH DUE Boa SPLT 3: 2 EXECUTION BY RSSF MO/ AMOLI:7 02/12/01 02/07/01 BOUGHT ANF 2.800 30.90250 86.710.00 02/12/01 02/07/01 BOUGHT CNS 1.950 13.43250 26.344.88 02/13/01 02/08,101 BOUGHT RL 9,500 26.56790 253,075.05 02/14/01 02/09/01 BOUGHT 02/14/01 02/09/01 BOUGHT POLO RALPH LAUREN CORP-CL A EXECUTION BY BUCK COMMISSION 132.00 PACIFIC SUNWEAR OF CALIFORNIA tIC EXECUTION BY RSSF SEC FEE 3.59 INRANGE TECHNOLOGIES CORP CL B EXECUTION BY SBSH RL 2,200 26.92050 59.372.10 02/14/01 02/09/01 SOLD PSUN 3500 30.73960 107,570.01 02/15/01 02/12/01 BOUGHT INRG 2.300 15.58330 35556.59 027 02 24 01 22.22 COI EFTA00198378

CLEARED THRWGH ITS niCkLY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. Now York 10167 14 0 le Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 02/15/01 TRADE DATE TRANSACTON 02/12101 BOUGHT Uri Mu 6±/1161 bkr26/bi &mei 0W0H11 DESORPTION TJX COMPANIES INC NEW EXECUTION BY BUCK COMMISSION 186,00 I 144Not Yrt4161.6o1E9 &NAP CL EXECUTION BY SBSH NALMA EfuitAlsnl§t§ INC EXECUTION BY MONT SYMBOUCUSP TJX °HARRY 3.100 NAUi PRICE 29.20190 6.doct 16.50940 Beer. SZeirns SON, t4,1 COO. Cc* Mon:tech Contm North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERM January 27.2001 THROUGH Fetrua 23.2001 ACCCUNT NUMBER TAXPAYER NIUUSER LAST STATEMENT January 26.2001 DEBIT AMOUNT 90,726.89 CFEOIA/lOcter 99.071. 11.450 17.35420 1911.7M.se 02/20/01 02/14/01 BOUGHT TIMBERLAND CO-CL A EXECUTION BY BUCK COMMISSION 120,00 MARSH 8 MCLENNAN COMPANIES INC WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY WPCO COMMISSION 56,00 SEC FEE 2,96 FEDERATED DEPARTMENT STORES INC-DEL EXECUTION BY BUCK COMMISSION 90,00 SEC FEE 2.21 NOKIA CORP-SPONSORED ADR REPSTG 1 SER A FM 5 PM EXECUTION BY MSOO COMMISSION 245,00 SEC FEE 3,16 RUDOLPH TECHNOLOGIES INC PROSPECTUS UNDER SEPARATE MAL EXECUTION BY RSSF 140156O1-11EdiMiliolgrift EXECUTION BY INET COMMISSION 93,00 SEC FEE 4.51 TEL 2.000 61.15730 122,449.60 02/21/01 02/15/01 SOLD MAC -800 110.77400 88.545.24 02/22/01 02/16/01 SOLD ED .1.500 44.11430 66.064.24 02/22/01 02/16/01 SOLD NOK -3.500 27.00380 94.250.14 02/22/01 02/16/01 BOUGHT ti }J16,61 RTEC 3.100 45.00000 -tiett 43.63200 139,515.00 135.146.69 027 02240122:22 COI EFTA00198379

CLEARED THRWGH ITS ?RIMY CAM.EO SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 15 0 Pi Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE TRADE DATE TRANSACTION OESCRPTION S0480...CUSP PRCE DEED AMOUNT CFEOCT A/hOcter 02/23/01 02/20101 BOUGHT ABERCROMBIE & FITCH CO-CL A ANF 1,950 28.24330 55,206.44 EXECUTION BY BUCK COMMISSION 117,00 02/23/01 02/20/01 BOUGHT TIMBERLAND CO-CL A 1BL 1,150 58.97150 67,91 a 73 EXECUTION BY JRCO COMMISSION 80.50 TOTAL 6-4 381 561.17 $3 782 941.45 MONEY FUND ACTIVITY DATE MEOW TRVISACTIC01 DESCAIPTIDN SYMECCUISIP OUNITITY PP.CE Cali AMOUNT CREDIT AMOUNT 01/27/01 OPENINGBALANCE 3.545.862.33 01/30/01 SOLD INNWIMOBACIo GTDXX .100.000 1.0000 100.000.00 01/30/01 SOLD 1HE TRF_ASURERS FUND INC GTDXX .500.000 1.0000 500,000.00 DOMESTIC PRIME MM PORTFOLIO 02/21/01 DIVIDEND THE TREASURERS FUND INC GTDXX 12.949.20 DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND 02/21/01 REINVEST NtafitignM8dlikuo GTDXX 12,949.20 12.949.20 MONTHLY DIVIDEND REINVESTED 02/23/01 CLOSINGBALANCE 2.958.811.53 TOTAL 5.12.949.20 5612.949.20 Beer. SZeirhs SOC,r44,1 Cap. 0-414cm:tech Contm North Beccidon. New Year 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERM January 27.2001 THROUGH Februane 23.2001 ACCCUNT NUMBER TAXPAYER IMJUSER LAST STATEMENT January 26.2001 027 0224,01:22:22 001 EFTA00198380

CLEARED 1HRWGH ITS viuttLY 001,E0 SUBSIDIARY BMR STMRNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New York. New York 10167 16 r? le Transaction Detail (continued) DIVIDENDS 808r. SZeIrns SO0r.140 COIP. Cc* Mevolca Cord« North 8eccioon. New Tuk 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PER100 January 27.2001 THROUGH Fetruary 23.2001 ACCCUNT NUMBER TAXPAYER AMMER LAST STATEMENT January 26.2001 DATE DESCRPTION SYMEIWCUSIP CUANTIlY RATE IN DENT AMOUNT CREDIT AMOUNT 01/30/01 BAKER JINC JBAK 19,000 0.0150 285.00 REC 01/19/01 PAY 01/30/01 02/12/01 TEXAS INSTRUMENTS INC TXN 4.400 0.0212 93.50 REC 01/31/01 PAY 02/12/01 02114/01 MARSH 8 MCLENNAN COMPANIES INC MMC 600 0.5000 300.00 REC 01/08101 PAY 02/14/01 02/23/01 CITIGROUP INC C 2.000 0.1400 280.00 REC 02/05/01 PAY 02/2301 TOTAL $958.50 INTEREST DATE 02/21/01 INT CR TOTAL DESCRIPTION STMBOLCUSIP FEB 01 OUINTITY RATE 1114 CENT AMOUNT GRECO AMCutil 6.026.52 $6.026.52 MISCELLANEOUS DATE MOVAT TRANSACTIYI DESCRIPTION DEBIT AMOUNT CREW ANOINT 01/29/01 JOURNAL TO CLOSE UNE 144.50 01/29/01 JOURNAL CASH 144.50 TO CLOSE UNE 02/02101 JOURNAL 01/01 CIA CHG1IIIIIM.25 4.00 TOTAL $-148.50 5144.50 027 0224.01.22:22 COI EFTA00198381

CLEARED 1HRWGH ITS witCkLY 0"E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 Trades Executed Pending Settlement Beer. SZeirhs SOC,r44,1 COO. 0 -41km:tech Cella North Beccidon. New Year 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27.2001 THROUGH Fctruwy 23.2001 ACCCUNT NUMBER TAXPAYER NUIA3ER LAST STATEMENT January 26.2001 SETTLEMENT DATE TRADE DATE 'RtrisCrON DESORPTION STMOOLGUSP OUAARIlY PRICE DEBIT AMOUNT CREW MAOUNT 02/26/01 02121/01 BOUGHT EMC EM 2,80010 46 5640 130,590.20 02/26/01 02/21/01 BOUGHT INRANGE TECHNOLOGIES CORP INRG 200.00 12 2682 2,468.64 CL B 02/26/01 02/21/01 BOUGHT MCLEODUSA INC-CL A MCLD 8,000.00 11 8906 95,139.80 FORMERLY MCLEOD INC 02/26/01 02/21/01 BOUGHT SUNMICROSYSTEMS INC SUNW 3.900.00 20 3125 79,233.75 WITH RIGHTS TO PURCHASE PREFRO 02/26/01 02/21/01 BOUGHT TIMBERLAND CO-CL A TBL 1.200.00 54 3108 65,27116 02/26/01 02/21/01 BOUGHT WEBMETHODS INC WE8M 1.900.00 49 3000 93,68500 02/27/01 02/22/01 SOLD AMERICAN EAGLE OUTFITTERS INC AEOS -3.500.00 53 4453 187137.31 NEW 02/27/01 02/22/01 SOLD AMERICAN EXPRESS COMPANY AXP -4.000.00 43 8820 175,227.14 02/27/01 02/22/01 SOLD CITIZENS COMMUNICATIONS CO CZN -18.700.00 15 2581 284,179.95 02/27/01 02/22/01 SOLD CITIGROUP INC C -2,000.00 47 6000 95,041.82 02/27/01 02/22/01 SOLD EMC CORP-MASS EMC -2.800.00 34 2550 95,699.80 02/27/01 02/22/01 SOLD FEDERATED DEPARTMENT STORES FD -10.600.00 42 7530 452,515.69 INC-DEL 02/27/01 02/22/01 SOLD JONES APPAREL GROUP INC JNY -5.300.00 37 0095 195757.81 02/27/01 02/22/01 SOLD MARSH 8 MCLENNAN COMPANIES INC MMC -500.00 108 1044 54,000.39 WITH RIGHTS TO PURCHASE PREFRD 02/27/01 02/22/01 SOLD METHANEX CORP MEOH -12.800.00 6 1563 78,783.01 02/27/01 02/22/01 SOLD PACIFIC SUNWEAR OF CALIFORNIA PSUN -3.700.00 31 8854 117/57.04 INC 02/27/01 02/22/01 SOLD SUNMICROSYSTEMS INC SUNW -3.900.00 20 77.982.40 WITH RIGHTS TO PURCHASE PREFRO 02/27/01 02/22/01 SOLD TJX COMPANIES INC NEW TJX -3.100.00 29 5149 91.261.14 02T 02/24,01:22:22 001 EFTA00198382

CLEARED 1HRWGH ITS witW.? OtM.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 Beer. SZeirns SON, t4,1 GNP. Dec Momtech Center North Becckton. New Tuft 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD January 27.2001 THROUGH Fctruwy 23.2001 Trades Executed Pending Settlement (continued) SEMEMENT TRADE DATE DATE TRANSACTION CCSORPTKil SIIIIBOLCU-AP OUNCITY PFCE ACCOUNT NUMBER TAXPAYER NUMBER LAST STATEMENT DEBIT AMOUNT January 26.2001 CPEDIT AMOUNT 02/27/01 02/22/01 SOLD VENATOR GROUP INC Z -18,200.00 10 6163 191.921.21 02/28/01 02/23/01 BOUGHT ALLEGIANCE TELECOM INC ALGX 3,900.00 19 3125 75,333.75 02/28/01 02/23/01 BOUGHT APPUED MICRO CIRCUITS CORP AMCC 5.000.00 35 2500 176,265.00 02/28/01 02/23/01 BOUGHT AT&T CORP LIBERTY MEDIA GROUP LMGA 7,000.00 14 4891 101,438.70 SEA A 02/28/01 02/23/01 SOLD CITIZENS COMMUNICATIONS CO CZN -21,000.00 14 6172 305.675.96 02/28/01 02/23/01 BOUGHT KENNETH COLE PRODUCTIONS INC KCP 3,100.00 29 1572 90,619.32 CL A 02/28/01 02/23/01 BOUGHT CISCO SYSTEMS INC CSCO 2.700.00 25 5000 68,865.00 02/28/01 02/23/01 BOUGHT 12 TECHNOLOGIES INC !TWO 2.350.00 28 7813 67.651.06 02/28/01 02/23/01 BOUGHT LUCENT TECHNOLOGIES INC LU 7.750.00 12 2600 95,572.50 02/28/01 02/23/01 BOUGHT NOKIA CORP-SPONSORED ADR NOK 2.800.00 20 9500 58,871.00 REPSTG 1 SER A FM 5 PM 02/28/01 02123/01 SOLD POLO RALPH LAUREN CORP-CL A RL -4.160.00 29 0178 120.445.83 02/28/01 02/23/01 BOUGHT OLOGIC CORP OLGC 1.900.00 39 7750 75,587.50 02/28/01 02/23/01 BOUGHT UNITEDGLOBALCOM UCOMA 13.000.00 14 4587 188,368.10 CL A 02/28/01 02/23/01 BOUGHT VITRIA TECHNOLOGY INC VITA 2.000.00 4 5813 9,177.60 COM TOTAL $1,474.138.£18 $2.523.486.50 The abewa trades de not appear In err/ other soma or thu staierheN. End of Statement 027 022401.22:22 001 EFTA00198383

CLEARED THROWN nS vniCkLY (AM.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Path Avenue New York, New York 10167 Beer. Szea•ns Secwitt Corp. Cato Metsolech Center North Beccidon. New Toot 11201.1859 INSTITUTIONAL INTERESTS STATEMENT PERIOD THROUGH ACCOUNT NUMBER December 30.2000 January 26.2001 What's In This Statement IIIIIII1111111111 I I TAXPAYER NUMBER LAST STATEMENT December 29.2000 Financial Summary 3 INSTITUTIONAL INTERESTS Your Portfolio Holdings 4 CIO FINANCIAL TRUST COMPANY Transaction Detail 8 ATTN LARRY KEMP Fund Activity 21 Trades Not Yet Settled 23 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE OF SECURITIES THIS PERIOD 15,040,514 Cash a Equvalent 4.14go.,982 NET CREDIT BALANCE 955,120 Equities 515.040,514 —. MONEY MARKET FUND BALANCE 3,545,862 . . . . . . . . . . . . . . . . SI 1.127.422 MI Current Markel value NET EQUITY THIS PERIOD $19,541,496 Kg Last statements market value NET EQUITY LAST STATEMENT 17,829,069 CHANGE SINCE LAST STATEMENT 1,712.427 There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. glitc 1.188 Ssamm7Y IS fa m7Orma0nol pwooses oriy sista sanded asst.r dawn ma statonorg should be retuned for your records See mem rele for ',Galore nfainatum 027 0127.01:15:33 001 EFTA00198384

CLEARED 1HROUGH nS wilekLY 0"E0 SUBSIDIARY Beer. Szewee Secwititi GOO. Ce4 Montech COM0( HMO acedCon. Hew Year 1120/3858 INSTITUTIONAL INTERESTS 2 el 24 STATEMENT BACKER IS PRINTED ON THIS PAGE 027 0127)0115:33 001 EFTA00198385

CLEARED THROUGH ITS witekLY 0"E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 3 4/ 24 Cash Flow Analysis THIS PERIOD Cash Balance Summary opv,i4.3 CLOSIOG Opening Balance 82.376.705.20 Cash 46,515.77 46,515.77 Securities Sold 4,497,843.00 Margin 2,326,702.92 908,604.18 Money Fund 820,920.72 Short 3,486.51 0.00 Dividends Interest 10,380.95 Net Cash Balance $2.376.705.20 $955.119.95 Miscellaneous 7,942,504.14 Amount Credited $13.271,648.81 Securities Bought -6,708.535.77 Income Summary Money Fund -20.920.72 1118 PERIOD TEAR TO DATE Funds Withdrawn -22.382.62 Dividends 13.385.37 13,385.37 Substitute Payment 630.00 630.00 Dividends Interest Charged -144.50 Credit Balance Int. 9,555.95 9.555.95 Miscellaneous -7,941.250.45 Total $23.571.32 $23,571.32 Amount Debited $44,693,234.06 Shod Dividends -144.50 -144.50 Net Cash Activity -1,421.585.25 Closing Balance $955,119.95 Sam* dee swarm a cash beineon access. Ron am n included In MD section: such transfers. as well .= solals In sE cow transactras Hs parted. appear on Reread*, °teal Portfolio Composition CashICash Equivalent 4.500.982 Equities 15.040.514 Total $19,541,496 02? Beer. Saea•ns SeCeehtl Cap. Ore Meesetech Center North Beccidon. Hew Tefft 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH January 26.2001 ACCOUNT NUMBER TAXPAYER NUMBER LAST STATEMENT December 29,2000 Your Portfolio Allocation Cash & Equivalent 24% Equities 76% Unshaded proons 0en,* Oat been°, ander sho•I nark( votes Re elorahr ceventar is ce•ued Imm Ike absoem market rat), el mv POrliCgi OleN01:15:13 001 EFTA00198386

CLEARED THROUGH ITS ?RIMY OW,E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 4 Beer. SZeirns SON, 14,1 COO. Ore Metsclech Car:Ng North Beccidon. New Ye* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 Your Portfolio Holdings THROUGH ACCOUNT NUMBER January 26.2001 CASH & CASH EQUIVALENTS TAXPAYER NUESER LAST STATEMENT December 29.2000 MARKET ESTIMATED DESCRPTION SYMBOLCUDP OUANETT PACE VALLE ANNUAL INCOME CASH BALANCE 955,120 THE TREASURERS FUND INC GTMOL 3.545.862.33 1.0000 3.545.862 191,477 DOMESTIC PRIME MN PORTFOLIO TOTAL CASH & CASH EQUIVALENTS $4,500,982 $191.477 EQUITIES Equities & Options AOCT MARKET ESTNIATEO CURFOR DESCkr/Ot1 SYMBOUEUSIP TYPE OUANTITY PRCE VALLE ANNUAL INCOME YELD1Y4 ACTV INC IAN MRGN 26.400 5.5630 146,863 ADELPHIA BUSINESS SClUTIONS ABIZ MRGN 52.200 9.3750 489,375 INC CL A AT&T CORP LIBERTY MEDIA GROUP LMGA MRGN 30.800 16.0630 494.740 SER A AMERICAN Pant F OUTFITTERS INC AEOS MRGN 14.350 50.8130 729.167 NEW ANDRX GROUP ADFLX MRGN 1.700 69.9380 118.895 NEW ADELPHIA COMMUNICATIONS CORP ADLAC MRGN 24.754 44.5000 1,101.553 CL A AMERICAN EXPRESS COMPANY AXP MRGN 4.000 46.6250 186.500 1.280 0.6863 ANNTAYLOR STORES CORP ANN MRGN 6,200 27.6880 171,666 AMERICAN STANDARD COMPANIES ASD MRGN 5,800 51.0000 295.800 INC-DEL AVNET INC AV( MRGN 4,100 25.9380 106.346 2,460 2.3132 D27 0127)01:1S.001 EFTA00198387

CLEARED THROUGH ITS ?RIMY OW,E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 5 Your Portfolio Holdings (continued) Equities & Options (continued) DESERPRON SYMECLO-bcP ACCT TIDE *MOTT PRCE WRNS VALLE ESTBUTED ANNUAL INCOME CURRINT Yen IV BAKER J INC JBAK MRGN 19,000 6.2500 118,750 1,140 0.9600 CHILDRENS PLACE RETAIL STORES PLCE CASH 9,900 20.7500 205,425 INC CITIZENS COMMUNICATIONS CO UN MRGN 57,500 14.1250 812.188 CITIGROUP INC C MRGN 2,000 55.1880 110.376 1,120 1.0147 CATTLE-VISION SYSTEMS CORP-CL A CVC MRGN 900 85.4380 76.894 KENNETH COLE PRODUCTIONS INC KCP MRGN 4,100 36.6250 150,163 CL A COMPAQ COMPUTER CORP CPO MRGN 3,900 22.5000 87,750 390 0.4444 CUMMINS ENGINE CO INC CUM MRGN 2,100 36.6880 77,045 2,520 3.2708 DIAL CORP NEW DL MRGN 4,100 13.5000 55.350 656 1.1852 ELECTRIC LIGHTWAVE INC-CL A ELI% MRGN 51.100 5.5630 284.269 CALL ECUPSYS CP FEB 020*--* 10V820 MRGN 58 4.6250 26,825 ET OW17/2001 FOOTSTAR INC FTS MRGN 4.300 38.1250 163.938 FEDERATED DEPARTMENT STORES FD MRGN 12.100 41.8750 506.688 INC-DEL B F GOODRICH CO GR MRGN 7.000 35.4380 248.066 7,700 3.1040 PUT GOODRICH IT F MAY 030CBOE GROF MRGN 70 1.3120 9.184 B 05/19r2001 ITT INDUSTRIES INC ITT MRGN 8.200 39.3130 322.367 4,920 1.5262 IMPCO TECHNOLOGIES INC NCO MRGN 6,800 18.3750 124.950 I-MANY INC IMNY MRGN 35,200 14.1250 497.200 027 01,27/01:1593 001 Beer. SZeirns SON, t4,1 COO. Ore Mon:tech Car:Ng North Beccidon. New Ye* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH January 26.2001 ACCOUNT NUMBER TAXPAYER WESER LAST STATEMENT December 29.2000 EFTA00198388

CLEARED THROUGH ITS YrisekLY OMV,E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 6 Your Portfolio Holdings (continued) Equities & Options (continued) DESCRPTION SYMBOL0.bl? ACCT TIPE OLIAMITT PACE MARKET VALLE ESTIMATED ANNUAL INCOME CURFEW YEID DAT INRANGE TECHNOLOGIES CORP INRG MRGN 12,100 21.7500 263,175 CL B HCA-HEALTHCARE CO HCA MRGN 12,100 38.0100 459.921 968 0.2105 HARRIS CORP-DEL HRS MRGN 14,850 27.6880 411.167 2,970 0.7223 HEALTH MANAGEMENT AtenlATES HMA MRGN 5,900 16.6880 98.459 INC NEW-CL A INTEL CORP INTC MRGN 5,900 35.8750 211.663 472 0.2230 „ONES APPAREL GROUP INC JNY MRGN 14,600 37.2500 543,850 MCLEODUSA INC-CL A MOLD MRGN 16,300 18.8130 306.652 FORMERLY MCLEOD INC MILLENNIUM CHEMICALS INC MCH MRGN 10,400 16.5000 171.600 5.616 3.2727 MCKESSON HBOC INC MCK MRGN 12,000 31.9900 383.880 2.880 0.7502 COM MARSH 8 MCLENNAN COMPANIES INC MMC MRGN 2,300 106.2500 244.375 4.600 1.8824 METHANEX CORP MEOH MRGN 51,100 6.1880 316.207 NVIDIA CORP NVDA MRGN 2,500 50.8130 127.033 PACIFIC SUNWEAR OF CALIFORNIA PSUN MRGN 13,200 30.7500 405.900 INC OUIKSILVER INC ZOK MRGN 23,542 23.0630 542.949 RESEARCH IN MOTION LTD RIMM MRGN 1,200 71.5630 85.876 NEW SPX CORP SPW MRGN 500 112.9380 56.469 SPECTRASITE HOLDINGS INC SITE MRGN 15,900 17.1880 273.289 Beer. SZeirns SON, 14,1 Dap. Ore Metsolech Contm North Becck/on. New Ye* 11201.3019 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30, 2000 THROUGH January 26.2001 ACCCUNT NUMBER TAXPAYER WESER LAST STATEMENT December 29.2000 027 01e27,01:16:33 001 EFTA00198389

CLEARED THROUGH ITS witCkLY Ot1P.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 7 0124 Your Portfolio Holdings (continued) Equities & Options (continued) DESCRIPTION SYMBOLCI-SIP ACCT TIE OUANTITT PACE MARKET VALLE ESTIMATED ANMJAL INCOME CURFSH Yen NI SENSORMATIC ELECTRONICS CORP SRM MRGN 12,050 19.1880 231,215 TYCO INTERNATIONAL LTD TYC MRGN 2,900 62.1250 180.163 145 0.0805 TENET HEALTHCARE CORP THC MRGN 9,250 43.4380 401.802 TOMMY HILFIGER CORP-ORD TOM MRGN 3,150 14.9380 47,055 USA NETWORKS INC USAJ MRGN 7,900 19.0000 150,100 UNITED RETAIL GROUP INC MAGI MRGN 16,700 5.6250 93,938 UNIVERSAL HEALTH SERVICES INC UHS MRGN 3,200 83.6880 267.802 CL B ATRIA TECHNOLOGY INC VITR MRGN 28,800 7.5000 216.000 COM VENATOR GROUP INC Z MRGN 28,200 12.3130 347.227 WATSON PHARMACEUTICALS INC WPI MRGN 3.800 52.8130 200.689 X0 COMMUNICATIONS INC X0X0 MRGN 11.700 24.2500 283.725 CL A Total Equities& Options $15.040.514 $39.837 TOTAL EQUITIES $15.040.514 $39.837 YOUR TOTAL ESTIMATED ANNUAL INCOME $231.314 YOUR PRICEDPORTFOLIOHOLDINGS $19.541.495 808f. SZeirns SON, 14,1 COO. 0re Mevolech Contm North Beccidon. Hew Ye* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH January 26.2001 ACCCUNT NUMBER TAXPAYER WESER LAST STATEMENT December 29.2000 027 0147#01:15:33 001 EFTA00198390

CLEARED THRCOGH ITS YAICU.Y 01WED SUBSIDIARY BEAR STEARNS OFFICE SERVIChNG YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 8 C124 Transaction Detail INVESTMENT ACTIVITY 13081. SIWAS SOCuititl GOO. One Mettotech Corder HORN etCCidel. lie* Tett 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERK* December 30.2000 THROUGH January 26.2001 ACCOUNT NUMBER TAXPAYER NUMBER LAST STATEMENT December 29.2000 SETMEMEM TRADE DrE DA"E "RANSACTKON DESORPTION SYMBOLCUSP OJANINY PROF DEBIT AMOUNT OPEC," A.MOcter 01/02/01 12/27/00 BOUGHT ANDRX GROUP ADRX 1.700 55.34380 94.099.46 NEW EXECUTION BY MONT 01/02101 12/27/00 BOUGHT DMC STRATEX NETWORKS INC STXN 1.700 12.62500 21 A77.50 EXECUTION BY DM 01/02/01 12/27/00 BOUGHT B F GOODRICH CO GR 7.000 34.44380 241.611.60 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MTCO COMMISSION 490,00 AS OF 12127/00 01/02/01 12/27/00 BOUGHT JABIL CIRCUIT INC JBL 4.100 23.34760 96.027.16 EXECUTION BY TUCK COMMISSION 287,00 01/02/01 12/27/00 BOUGHT OUIKSILVER INC ZOK 4.300 18.25690 78.777.67 EXECUTION BY BUCK COMMISSION 258,00 01/02/01 12/27/00 BOUGHT RESEARCH IN MOTION LTD RIMM 1.200 78.16670 93.815.04 NEW EXECUTION BY NITE 01/02/01 12/27/00 BOUGHT SCI SYSTEMS INC SCI 4.000 25.69930 103092.20 EXECUTION BY TUCK COMMISSION 280,00 01/03101 12/28/00 BOUGHT AMERICAN STANDARD COMPANIES ASD 3.900 45.47000 177.621.00 INC-DEL EXECUTION BY WARR COMMISSION 273,00 01/03101 12/28/00 SOLD ECUPSYS CORP ECLP -5.200 27.32280 141.95482 EXECUTION BY REDI COMMISSION 104,00 SEC FEE 4,74 01/03101 12/28100 SOLD OMNICARE INC OCR -15.400 22.86540 351022.42 EXECUTION BY DAIN COMMISSION 1.078.00 SEC FEE 11.74 027 0127,01.15:33 COI EFTA00198391

CLEARED THROUGH ITS ?RIMY 0%M .E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 9 0124 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE TRADE DATE TRANSACTION DESORPTION SYMEIWOUSIP GUANTITe PROF DEBIT AMOUNT CRE01 AMOcter 01/04/01 12/29/00 BOUGHT ANALOG DEVICES INC ADI 2.100 51.63250 108.590.25 WITH RIGHTS TO PURCHASE COMACH STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY GKMC COMMISSION 147,00 01/04/01 12/29/00 BOUGHT INTEL CORP INTO 5.900 30.77780 181.604.02 EXECUTION BY RSSF 01/04/01 12/29/00 BOUGHT JAEIIL CIRCUIT INC J8L 1.700 25.55690 43,580.73 EXECUTION BY MSOO COMMISDON 119,00 01/04/01 12/29/00 BOUGHT LUCENT TECHNOLOGIES INC LU 14.900 13.24220 198,366.78 EXECUTION BY TWPT COMMISSION 1.043.00 01/04/01 12/29/00 BOUGHT MAXIM INTEGRATED PRODUCTS INC MXIM 1.700 48.93750 83,208.75 EXECUTION BY RSSF 01/04)01 12/29/00 BOUGHT MICROSOFT CORP MSFT 3.900 44.32140 172,868.46 EXECUTION BY RSSF 01/04/01 12/29/00 BOUGHT SCI SYSTEMS INC SCI 3.000 25.45000 76,575.00 EXECUTION BY DAN COMMISSAM 210,00 01/04/01 12/29/00 BOUGHT SPECTRASITE HOLDINGS INC SITE 2,200 13.20310 29,061.82 EXECUTION BY SLKC 01/04/01 12/29/00 BOUGHT TEXAS INSTRUMENTS INC DIN 2.100 47.18750 99,255.75 SEE NOTE '5' ON BACK EXECUTION BY MSOO COMMISSION 147,00 01/04/01 12/29/00 BOUGHT USA NETWORKS INC USAI 7.900 20.00890 158.085.31 EXECUTION BY COWN 01/05/01 01/02/01 SOLD ABERCROMBIE & FITCH CO CL A ANF .6.400 18.19780 116.063.03 EXECUTION BY BUCK Beer. Saea•ns SON, t4,1 COO. Ore Metsclech Center HMO eeccidon. New Yak 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH January 26.2001 ACCCUNT NUMBER TAXPAYER NUIA3ER LAST STATEMENT December 29.2000 COMMISSION 384,00 SEC FEE 3.89 027 012701.15:33 COI EFTA00198392

CLEARED THROWN ITS ?RIMY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New York. New York 10167 10 01 21 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 01/05/01 TRADE DATE TRANSACT/0N 01/02101 SOLD DESCRPTION FEDERATED DEPARTMENT STORES Nc-ca EXECUTION BY BUCK COMMISS/ON 84.00 SEC FEE 101 SYMBOUCUSP FD CVANTITY -1,400 PRICE 34.29600 Beer. Saea•ns SON, t4,1 COO. Ore Mon:tech Contm North Beccidon. New VC* 112013859 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH January 26.2001 ACCCUNT rammer, TAXPAYER K1. ER LAST STATEMENT December 29, 2000 DEBIT AMOUNT MCC AMOUNT 47,913.79 01/05/01 01/02/01 SOLD VENATOR GROUP INC EXECUTION BY VICO COMMISSION 119,00 SEC FEE .83 1.700 14.58880 24.666.13 01/08/01 01/03/01 BOUGHT ADELPHIA BUSINESS SOLUTIONS NC CL A EXECUTION BY INET COMMISSION 129,00 ABIZ 4.300 3.99550 17.324.65 01/08/01 01/03/01 BOUGHT AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF AEOS 900 41.77340 37,611.06 01/08/01 01/03/01 SOLD AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF SEC FEE 1,43 AEOS -900 47.34380 42.592.99 01/08/01 01/03/01 BOUGHT AMERICAN EXPRESS COMPANY EXECUTION BY TUCK COMMISSION 22400 AXP 3.200 54.40630 174.339.16 01/08/01 01/03/01 BOUGHT ANALOG DEVICES INC WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY DADA COMMISSION 126,00 ADI 1.800 46.00000 82.941.00 01/08/01 01/03/01 SOLD ANALOG DEVICES INC WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY DADA COMMISSION 147.00 SEC FEE 3.82 ADI 2.100 54.50000 114.284.18 027 01'2701.15:33 COI EFTA00198393

CLEARED THROUGH ITS ?RIMY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Path Avenue New York. New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 01/08/01 TRADE DATE TRANSACTION 01/03/01 BOUGHT DESCRIPTION ANNTAYLOR STORES CORP EXECUTION BY BUCK COMMISSION 228,00 10180.CUSP ANN DJANillY 3.800 PRICE 27.06980 Beer. Szeirns SON, t4,1 Cap. Dec Metsclech Contm North Beccidon. New Tuft 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH ACCCUNT NUMBER TAXPAYER POWER January 26.2001 LAST STATEMENT December 29.2000 DEBIT AMOUNT 103,108.24 MO/ A/arer 01/08/01 01/03/01 BOUGHT AMERICAN STANDARD COMPANIES ITC-DEL EXECUTION BY OPCO COMMISSION 133,00 ASO 1.900 47.34060 90,095.14 01/08/01 01/03/01 BOUGHT CITIGROUP INC EXECUTION BY DAN COMMISSION 63.00 C 900 54.00000 48,678.00 01/08/01 01/03/01 BOUGHT CUMMINS ENGINE CO INC WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY COWN COMMISSION 147,00 CUM 2.100 38.02370 80,011/7 01/08/01 01/03/01 SOLD DIX STRATEX NEMORKS INC EXECUTION BY REDI COMMISSION 22.00 SEC FEE .46 STXN .1.100 12.28250 13.473.29 01/08101 01/03/01 BOUGHT FEDEX CORP EXECUTION BY TUCX COMMISSION 238,00 FDX 3.400 39.08780 133.151.52 01/08/01 01/03/01 BOUGHT FEDERATED DEPARTMENT STORES INC-DEL EXECUTION BY BUCK COMMISSION 192,00 FD 3,200 34.46270 110,487.64 01/08/01 01/03/01 BOUGHT JABIL CIRCUIT INC EXECUTION BY OPCO COMMISSION 112,00 J8L 1.600 23.35230 37.490.68 01/08/01 01103/01 BOUGHT KOHIS CORP EXECUTION BY BUCK COMMISSION 114,00 KSS 1.900 58.89500 112,029.50 02T 0147V:15:33 001 EFTA00198394

CLEARED THRCOGH NS miCkLY OtM•E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Path Avenue New York. New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 01/08/01 TRADE DATE TRANSACTON 01/03/01 BOUGHT DESORPTION MARSH 8 MCLENNAN COMPANIES INC WITH RIGHTS TO PURCHASE PREFRD SW UNDER CERTAIN CIRCUMSTANCE EXECUTION BY WPCO COMMISSION 42,00 50180. CUSP MMC C/JANTIT, PPoDE 600 116.87500 Beer. Saea•ns S0N, t4,1 GNP Ore Metsolech Cella North Beccidon. New Ye* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH January 26.2001 ACCCUNT NUMBER TAXPAYER POWER LAST STATEMENT December 29.2000 DEBIT AMOUNT CREPT MOUNT 70,182.00 01/08/01 01/03/01 SOLD METHANEX COUP EXECUTION BY REDI COMMISSION 40.00 SEC FEE .41 MEOH 2.000 6.01000 11.964.59 01/08/01 01/03/01 BOUGHT TYCO INTERNATIONAL LTD EXECUTION BY COWN COMMISSION 203,00 TYC 2.900 54.91250 159.464.25 01/08/01 avowal BOUGHT TEXAS INSTRUMENTS INC SEE NOTE S ON BACK EXECUTION BY DAN COMMISSION 147,00 UN 2.100 45.80000 96.342.00 01/08/01 01/03/01 BOUGHT UNITED PARCEL SVC INC CL EXECUTION BY DAN COMMISSION 147,OO UPS 2.100 58.03180 122.028.78 01/08/01 01/03/01 SOLD VENATOR GROUP INC EXECUTION BY VKCO COMMISSION 119,00 SEC FEE .84 .1.700 14.76920 24,972.80 01/09/01 01/04/01 BOUGHT AT&T CORP LIBERTY MEDIA GROUP SER A EXECUTION BY NONE COMMISSION 252,00 LMGA 3.600 14.75000 53.367.00 01/09/01 01/04/01 SOLD AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF SEC FEE 1.52 AEOS -900 50.50000 45.433.48 01/09/01 01/04/01 SOLD KOHLS CORP EXECUTION BY BUCK COMMISSION 114,00 SEC FEE 4.33 KSS -1.900 68.35180 129.735.09 O27 01 2/ OI.1S 33 COI EFTA00198395

CLEARED THROUGH ITS niCkLY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Path Avenue New York. New York 10167 13 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 01/09/01 TRADE DATE 01/04/01 TRANSACTION BOUGHT DESCRIPTION MARSH 8 MCLENNAN COMPANIES INC WITH RIGHTS TO PURCHASE PREFRD STK UDDER CERTAIN CIRCUMSUNCE EXECUTION BY WPCO COMMISSION 28,00 AS OF 01034/01 SIME4O. CUSP MAX OrjAVtil, TRICE 400 114.43750 808r. SZeirns S0C.r.t.t1 P&P. Ore Mon:tech Corer North Beccidon. New VC* 11201.3859 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30.2000 THROUGH January 26.2001 ACCOUNT NUMBER TAXPAYER K1. ER LAST STATEMENT December 29.2000 DEBIT AMOUNT 45.818.00 MO/ AMOUCt 01/09/01 01/04/01 SOLD TENET HEALTHCARE CORP EXECUTION BY RSSF COMMISSION 175,00 SEC FEE 3,39 THC .2.500 40.62500 101369.11 01/09/01 JOURNAL CHILDRENS PLACE RETAIL STORES INC TO: TEC USD • JRL • PLCE .1.500 01/09/01 JOURNAL CHILDRENS PLACE RETAIL STORES INC FROM: IOU USD • JRL • PLCE 1.500 01/10/01 01/05101 SOLD CITIGROUP INC EXECUTION BY MSOO COMMISSION 217,00 SEC FEE 5,58 C -3.100 54.00000 167.162.42 01/10/01 01/05101 SOLD CABOT CORP WITH RIGHTS TO PURCHASE PREFRD STK UDDER CERTAIN CIRCUMSTANCE EXECUTION BY RHCO COMMISSION 175,00 SEC FEE 2.10 CBT -2.500 25.08550 62.521.65 01/10/01 01;05/01 SOLD FEDEX CORP EXECUTION BY MLCO COMMISSION 238,00 SEC FEE 4,94 FOX .3400 43.55000 147,812.06 01/10/01 01/05/01 SOLD JABIL CIRCUIT INC EXECUTION BY NEED COMMISSION 294,00 SEC FEE 3.23 JBL .4.200 23.06500 96,560.77 027 0147/01:15W 001 EFTA00198396

CLEARED 1HRWGH ITS ?RIMY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACT/3N 01/10/01 01/05/01 SOLD CESCFOPTION MICROSOFT CORP EXECUTION BY FBCO SEC FEE 6.33 Beer. SZeirns SON, t4,1 Cap. Ore Momtech Contm North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH January 26.2001 ACCCUNT NUMBER TAXPAYER NLAA3ER LAST STATEMENT December 29.2000 10180.CUSP WARM PRICE DEBIT AMOUNT CRECIT AMOUNT MSFT -3,900 48.66520 189,772.95 01/10/01 01/05/01 SOLD PACIFIC SUNWEAR OF CAUFORNIA PC EXECUTION BY RSSF SEC FEE 3.36 PSUN -3,600 27.93750 100,556.64 01/10/01 01/05/01 BOUGHT OUIKSILVER INC EXECUTION BY BUCK COMMISSION 144,00 ZOK 2,400 18.90980 45,542.52 01/10/01 01/05/01 SOLD SCI SYSTEMS INC EXECUTION BY TUCK COMMISSION 490,00 SEC FEE 6.62 SCI -7,000 28.34360 197.893.58 01/10/01 01/05101 SOLD TENET HEALTHCARE CORP THC -1,900 40.12500 76.086.95 EXECUTION BY RSSF COMMISSION 133,00 SEC FEE 2.55 01/10/01 01/05/01 SOLD UNITED PARCEL SVC INC UPS -2,100 60.50650 126.897.41 CL B EXECUTION BY MLCO COMMISSION 147,00 SEC FEE 4.24 01/10/01 01/05/01 SOLD XILINX INC XLNX .1.200 51.00000 61.182.96 WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY SLKC SEC FEE 244 01/11/01 01/08101 SOLD CHILDRENS PLACE RETAIL STORES PLCE -1.500 16.83330 25.234.10 RNC EXECUTION BY MLCO SEC FEE .55 01/12/01 01/09/01 BOUGHT AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF AEOS 800 47.52340 38,033.72 027 01.27.01.1513 COI EFTA00198397

CLEARED THROUGH ns ?mow, °ME° SUBSIDIARY BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 15 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 01/12/01 TRADE DATE TRANSKTKIN 01/09/01 SOLD OESCRPTION KENNETH COLE PRODUCTIONS INC CL A EXECUTION BY BUCK COMMISSION 66.00 SEC FEE 1.47 sneOUCUM, KCP OUPAMTV -1,100 PRCE 40.03750 Beer. SZeirns COO. CcoMetsclech Cardm North Beccidon. New Ye* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH January 26.2001 ACCCUNT NUMBER TAXPAYER KAMER LAST STATEMENT December 29.2000 DEIST AMOUNT COEDS AMOUNT 43.958.78 01/12/01 01/09/01 SOLD LUCENT TECHNOLOGIES INC EXECUTION BYMPT COMMISSION 1.192.00 SEC FEE 8.04 LU • 14.900 16.18750 239.978.71 01/12/01 01/09/01 BOUGHT OUIKSILVER INC EXECUTION BY BUCK COMMISSION 150,00 ZOK 2.500 18.41800 46,210.00 01/12/01 01/09/01 SOLD TEXAS INSTRUMENTS INC SEE NOTE '5* ON BACK EXECUTION BY OPCO COMMISSION 147,00 SEC FEE 3.07 TXN .2.100 43.79250 91.799.18 01/16/01 01/10/01 BOUGHT CISCO SYSTEMS INC EXECUTION BY RSSF CSCO 5.800 34.53570 200922.06 01/16/01 01/10/01 BOUGHT HARRIS CORP-DEL WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY OPCO COMMISSION 175,00 FIRS 2.500 28.16000 70.590.00 01/16/01 01/10/01 BOUGHT NVIDLA CORP EXECUTION BY RSSF NVDA 2,5°D 42.83330 107,098.25 01/16/01 01/10/01 BOUGHT WATSON PHARMACEUTICALS INC WPI 5,500 44.33680 244,237.40 01/17/01 01/11/01 SOLD ANALOG DEVICES INC WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MLCO COMMISSION 126,00 SEC FEE 3.12 ADI •1,800 52.00000 93.455.88 027 01 2/ OI.1S 33 COI EFTA00198398

CLEARED THROUGH ns ?mow, CAMEO SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 16 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 01/17/01 TRADE DATE TRANSACTOR 01/11/01 SOLD CESCFOPTION CABLEVISION SYSTEMS CORP-CL A SEE NOTE ON BACK EXECUTION BY BUCK COMMISSION 57.00 SEC FEE 2,70 =caucus, CVC OVANTITY ProcE -950 85.12500 Beer. SZeirns SON, t4,1 COO. Dec Mon:tech Contm North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH January 26.2001 ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT December 29.2000 DEBIT AMOUNT CREDIT AMOUNT 80,794.05 01/17/01 01/11/01 BOUGHT CISCO SYSTEMS INC EXECUTION BY RSSF CSCO 1.600 35.06250 56.115.00 01/17/01 01/11/01 BOUGHT DIAL CORP NEW EXECUTION BY MONT COMMISSION 287,00 DL 4.100 13.72250 56.564.25 01/17/01 01/11/01 BOUGHT FOOTSTAR INC EXECUTION BY BUCK COMMISSION 96,00 FTS 1.600 40.00000 64,111.00 01/17/01 01/11/01 SOLD MAXIM INTEGRATED PRODUCTS INC EXECUTION BY SLKC SEC FEE 3.40 MXIM -1.700 59.89060 101.795.62 01/17/01 01/11/01 SOLD MICRON TECHNOLOGY INC EXECUTION BY FBCO COMMISSION 231,00 SEC FEE 4.38 MU -3.300 39.75000 130.92462 01/17/01 01/11/01 BOUGHT NORTEL NETWORKS CORP EXECUTION BY MONT COMMISSION 434,00 NT 6.200 32.76250 203,576.50 01/17/01 01/11/01 SOLD TEXAS INSTRUMENTS INC SEE NOTE S ON BACK EXECUTION BY MLCO COMMISSION 147,00 SEC FEE 3A0 TXN -2.100 48.43750 101.553.35 01/17/01 01/11/01 BOUGHT VITFIIA TECHNOLOGY INC COM EXECUTION BY RSSF VTR 20,900 4.36630 91,270.67 027 01 2/ 0I.1S 33 COI EFTA00198399

CLEARED THROUGH ITS ?RIMY 0%M.E0 SUBSIDIARY BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACTOR DESCRIPTION SYMBOUCUSP GUMMY FPoCE 01/17/01 01/11/01 SOW XILINX INC XLNX -1,200 51.25000 WITH RIGHTS TO PURCHASE PREFRD S11( UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RSSF SEC FEE 2,05 Beer. SZeirns SON, t4,1 Dap. CeoLlevetech Cella North Beccidon. Hew VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH January 26.2001 ACCCUNT NUMBER TAXPAYER K1. ER LAST STATEMENT December 29.2000 DEED AMOUNT CREPT MADUNT 61,482.95 01/18/01 01/12/01 BOUGHT FOOTSTAR INC FTS 1.200 38.40920 46,178.04 EXECUTION BY BUCK COMMISSION 72.00 01/18/01 01/12/01 SOLD JABIL CIRCUIT INC JBL -3.200 30.43750 97.157.75 EXECUTION BY COWN COMMISSION 224,00 SEC FEE 3.25 01/18/01 01/12/01 SOW TOMMY HILFIGER CORP-ORD TOM 4.200 12.00000 50.089.32 EXECUTION BY WPCO COMMISSION 294,00 SEC FEE 1.68 01/19/01 01/16/01 BOUGHT ANNTAYLOR STORES CORP EXECUTION BY BUCK COMMISSION 144,00 ANN 2.400 26.92280 64,77172 01/19/01 01/16/01 BOUGHT MCKESSON HBOC INC COM EXECUTION BY TUCK COMMISSION 546,00 NICK 7.800 31.00330 242.386.74 01/22/01 01/17/01 BOUGHT COMPAQ COMPUTER CORP EXECUTION BY OTM COMMISSION 273,00 CPO 3.900 18.88000 73,920.00 01/22/01 01/17/01 BOUGHT DELI. COMPUTER CORP EXECUTION BY FBCO DELL 3.900 22.06250 86,058.75 01/22/01 01/17/01 BOUGHT GATEWAY INC GTW 3.900 21.24400 83,13/60 EXECUTION BY MSOO COMMISSION 273,00 01/22/01 01/17/01 BOUGHT VITFIIA TECHNOLOGY INC VIM 7.900 5.96880 47,16152 COM EXECUTION BY RSSF 027 01,27,01.15:33 COI EFTA00198400

CLEARED THROUGH ITS wilekLY OtPPO SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Path Avenue New York. New York 10167 18 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) Beer. Saea•ns SOC,r44,1 COP. Ore Mem:tech Center North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH January 26.2001 ACCCUNT NUMBER TAXPAYER WIPER LAST STATEMENT December 29.2000 SETTLEMENT TRADE DATE DATE TRANSACTION OESORPTION STMEICLCUSIP GUMMY ma DEBT AMOUNT 01/23/01 01/18/01 BOUGHT ADELPHIA BUSINESS SOLUTIONS ABIZ 10.000 8.57690 85,784.00 NC CL A EXECUTION BY SBSH claw maouNr 01/23/01 01/18/01 SOLD DMC STRATF_X NETWORKS INC EXECUTION BY REDI COMMISSION 29.00 SEC FEE .82 STXN -1,450 16.80130 24,317.07 01/23/01 01/18/01 BOUGHT FOOTSTAR INC EXECUTION BY BUCK COMMISSION 90.00 FTS 1.500 39.85030 59,880.45 01/23/01 01/18/01 BOUGHT HARRIS CORP-DEL WITH RIGHTS TO PURCHASE PREFRO STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY INGC COMMISSION 56.00 HRS 800 27.87500 22,371.00 01/23/01 01/18/01 BOUGHT MCKESSON HBOC INC COM EXECUTION BY BARD COMMISSION 112,00 NICK 1.600 29.80000 47,807.00 01/23/01 01/18/01 SOLD WATSON PHARNMCEUTICALS INC WPI -1.700 47.51690 80.642.03 EXECUTION BY GKMC COMMISSION 119,00 SEC FEE 2.70 01/24/01 01/19/01 SOLD CISCO SYSTEMS INC EXECUTION BY FBCO SEC FEE 10.61 CSCO -7.400 43.00000 318,174.39 01/24/01 01/19/01 SOLD COMPAQ COMPUTER CORP EXECUTION BY MOW COMMISSION 273,00 SEC FEE 2,61 CPO -3.900 20.01700 77.775.69 01/24/01 01/19/01 SOLD DMC STRATEX NETWORKS INC EXECUTION BY iNET COMMISSION 6.00 SEC FEE .10 SUN -200 14.93750 2.966.40 027 01'77 01 0,::13 EFTA00198401

CLEARED 1HRWGH ITS ?RIMY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New Y New York 10167 19 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACIVN 01/24/01 01/19/01 SOLD DESCRIPTION DMC STRATEX NETWORKS INC EXECUTION BY COWN SEC FEE 1,04 SINE/OE:CUSP S1XN CUANillY -1.950 16.00000 Beer. SZeirns SON, t4,1 COO. CeoLlevelech Cella North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH ACCCUNT NUMBER TAXPAYER K1. ER January 26.2001 LAST STATEMENT December 29.2000 DEBIT AMOUNT CREPT ATACVNT 31,183.96 01/24/01 01/19/01 SOLD DELL COMPUTER CORP EXECUTION BY FBCO SEC FEE 3,37 DELL -3.900 25.87500 100,894.13 01/24/01 01/19/01 SOLD GATEWAY INC EXECUTION BY MDLD COMMISSION 273,00 SEC FEE 2,92 GTW -3,900 22.44820 87.257.06 01/24/01 01/19/01 BOUGHT HCA-HEALTHCARE CO HCA 3.200 34.00000 109.024 00 01/24/01 01/19/01 BOUGHT MCKESSON HBOC INC COM EXECUTION BY RHCO COMMISSION 182,00 MCK 2.600 28.79550 75,065.30 01/24/01 01/19/01 SOLD NORTEL NETWORKS CORP EXECUTION BY TUCK COMMISSION 434,00 SEC FEE 8,03 NT 4,200 38.81250 240.180.47 01/24/01 01/19/01 SOLD TOMMY HILFIGER CORP-ORD EXECUTION BY vKCO COMMISSION 66.50 SEC FEE ,39 TOM -950 12.07060 11.385.18 01/24/01 01/19/01 BOUGHT UNIVERSAL HEALTH SERVICES INC CL B EXECUTION BY MSCO COMMISSION 224,90 UHS 3,200 78.35650 250,979.80 01/25/01 01/23/01 BOUGHT CALL ECUPSYS CP FEB 020**** EXP 02/17/2001 OPEN CONTRACT AS OF 01/23/01 GIOVB20 58 3.87500 22,649.00 027 01.2701:15:33 COI EFTA00198402

CLEARED THRWGH ITS ?RIMY 0%M.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 20 0121 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT DATE 01/20'01 TRADE DATE TRANSACTION 01/23/01 BOUGHT CESCRPTION AMERICAN EXPRESS COMPANY EXECUTION BY MET COMMISSION 16,00 AS OF 01/23/01 SYMBOLCUS* AXP C1JANTIW PRCE 800 46.06250 Beer. Saea•ns SON, t4,1 COO. 0 -c Meesetech Center North Beccidon. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH ACCCUNT NUMBER TAXPAYER POWER January 26.2001 LAST STATEMENT December 29.2000 DEBIT AMOUNT 36,881.00 DRE01 A/lOcter 01/26/01 01/23/01 BOUGHT COMPAQ COMPUTER CORP EXECUTION BY RSSF COMMISSION 273.00 AS OF 01123/01 CPO 3.900 19.96460 78,149.94 01/26/01 01/23/01 BOUGHT MARSH 8 MCLENNAN COMPANIES INC WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE MMC 1300 100.77210 131,094.73 01/26/01 01/23/01 SOLD OMNICARE INC EXECUTION BY OPCO COMMISSION 45.50 SEC FEE .44 AS OF 01/23/01 OCR •650 20.01560 12.949.20 01/26/01 01/23/01 BOUGHT VENATOR GROUP INC EXECUTION BY MLCO COMMISSION 1,974.00 AS OF 01/23/01 28,200 10.19060 289.363 92 TOTAL $-6.708.535.77 64.497.843.00 DEPOSITS AND WITHDRAWALS DATE TRMISACTtel DESCAPTION 01/23:01 CHECK OEM, AUOt.N 22.382.62 CREDIT AlACUNT CK #MH655134 FEES EARNED FROM JANUARY 1. BUCKINGHAM CAPITAL MGMT TOTAL $.22.382.62 027 01:2701:15:33 COI EFTA00198403

CLEARE0 1HRCVGH ns WmCkLY 0"C° SUBDINAAv BD‘R STD‘RNS OFFICE SERVICING YOUR ACCOUNT Bear. Stawne 8 Co. Inc. 245 Park Avenue New Y New York 10167 21 Transaction Detail (continued) MONEY FUND ACTIVITY DME MCVDAY TRANSACDON 12/30/00 OPENINGBALANCE 4,324,941.61 01/02/01 REINVEST THE TREASURERS FUND INC GUM% 8.360.35 8.360.35 DOMESTIC PRIME M/M PORTFOLIO MONTHLY DMDEND REINVESTED 01/02/01 DIVIDEND THE TREASURERS FUND INC GIOXX 8.360.35 DOMESTIC PRIME IMA PORTRXIO AMT INCWDED IN 2000 - 1099 01/05/01 SOLD THE TREASURERS FUND INC GIOXX -500.000 1.0000 500.000.00 DOMESTIC PRIME IMA PORTFOLIO 01/18/01 SOLD THE TREASURERS FUND INC GIOXX -100.000 1.0000 100.000.00 DOMESTIC PRIME IMA PORTFOLIO 01/22/01 SOLD THE TREASURERS FUND INC GIOXX -100.000 1.0000 100.000.00 DOMESTIC PRIME IMA PORTRXIO 01/23/01 DIVIDEND THE TREASURERS FUND INC Gl DXX 12.560.37 DOMESTIC PRIME IMA PORTFOLIO MONTHLY DIVIDEND 01/23/01 REINVEST THE TREASURERS FUND INC BTDXX 12,560.37 12.560.37 DOMESTIC PRIME IMA PORTFOLIO MONTHLY DMDEND REINVESTED 01/25/01 SOLD d%2M542U4WAKtio BTDXX -100.000 1.0000 100.000.00 01/26/01 CLOSINGBALANCE 3,545.862.33 TOTAL 320,920.72 5820.920.72 DIV IDE NDS DESOMPTON SYMECOCUSIP COOMMTY PRCE 8e81. Sčeams SOC,r.I*1 Corp. Cne MCDOICCh Cent« Norii Beccidon. Ner, Tuk 11201.2859 INSTITUTIONAL INTERESTS STATEMENT PERIOD DOCOMDef 30,2000 THROUGH January 26.2001 ACCCLINT NUMER TASPAYER AAMMER LAST STATEMENT December 29.2000 DEBIf AMOUNT CREOIT AMOUNT DATE OESCRPTION 01/02/01 ITT INDUSTRIES INC REC 11/2280 PAY 01,01/01 SIWO-Cl/ME ITT ~MIT RMF (S1 5,500 0.1500 CENT AMOUW DREM AMOUNT 825.00 027 OD27,01.15 CO? EFTA00198404

CLEARED THRWGH ITS wilekLY 0"E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 22 0121 Transaction Detail (continued) DIVIDENDS (continued) DATE DESCRIPTION STAIDWOUSIP Beef. Saea•ns SON, t4,1 COO. Ore Mevolech Ow:1m HMO etCCk/01. New VC* 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH January 26.2001 ACCOUNT NUMBER TAXPAYER KAMER LAST STATEMENT OUANTITY RATE (S1 DENT AMOUNT CREDIT AMOUNT 01/03/01 ESTEE LAUDER COMPANIES INC EL 42.50 CL A DIV CHG 850 SHS SHORT REC 12/15.00 PAY 01103/01 01/08/01 WAL-MART STORES INC WW 102.00 DIV CHG 1700 SHS SHORT REC 12/22/00 PAY 0110801 TOTAL $.144.50 $825.00 SUBSTITUTE PAYMENTS DATE DESORPTION STAIDWOUSIP OUANTITY RATE (S1 01/02101 COOPER INDUSTRIES INC CBE SUBST PAY ON 1800 SHS REC 12/01/00 PAY 01/02101 men AMOUNT GRECO AVOW 630.00 TOTAL $630.00 INTEREST DYKE rksoP PNON STME/CtiOUSIP OUNWITY RATE IV DEW AMOUNT CREW AMOUNT 01.22,01 INT CR JAN 01 9655.95 TOTAL $9.555.95 MISCELLANEOUS DATE MOAT TR)NSACTAN DESCRLPLCN DEW AMOUNT CREPT /SWUM 01/02/01 JOURNAL MARK TO MARKET 3,486.00 December 29,2000 027 01'2701.15:33 CIA EFTA00198405

CLEARED 1HRCOGH ITS ?mewl 0"E0 SUBSIDIARY BffiR STffiRNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 245 Park Avenue New York. New York 10167 23 C121 Transaction Detail (continued) MISCELLANEOUS (continued) DATE MOAT TRANSACTION DESCRIPTOR DEBIT AMOUNT GRECO ~UM 01/02/01 JOURNAL MARK TO MARKET SHORT POS 3.486.00 01/03/01 JOURNAL OFFSET FROM BKO P&L 765,702.96 01/03/01 JOURNAL CASH 765.702.96 MOVE BKD P&L TO BOOKKEEPING 01/03/01 JOURNAL OFFSET FROM BKD P&L 6.141.057.95 01/03/01 JOURNAL CASH 6,141,057.95 MOVE BKD P&L TO BOOKKEEPING 01/03/01 JOURNAL OFFSET FROM BKD P&L 1.034.489.54 01/03/01 JOURNAL CASH 1.034.489.54 MOVE BKD P&L TO BOOKKEEPING 01/08/01 JOURNAL MARK TO MARKET 41.99 01/08/01 JOURNAL MARK TO MARKET SHORT POS 41.99 01/08/01 JOURNAL 12/00 UR CHG 58 210.00 01/16/01 JOURNAL MARK TO MARKET 108.00 01/16/01 JOURNAL MARK TO MARKET SHORT POS 108.00 01/22/01 JOURNAL SIIAVCR JAN 01 413.69 TOTAL 5.7.944.886.44 $7.945.510.13 Trades Executed Pending Settlement Beef. SZea'n5 SOCY'dMi GOO. Oro Metsolech Conte< North Brockdon. New vax 11201.3819 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH January 26.2001 ACCOUNT NUMBER TAXPAYER AMBER LAST STATEMENT December 29,2000 SETREMENT DATE TRADE DATE TRANSACT/ON DESORPTION SYMBOVOUSP aumnry PRCE men AMOUNT GRECO ~UHT 01/29/01 01/24/01 SOLD TOMMY HILFIGER CORP-ORD TOM -3.150.00 14 5809 45,692.80 01/30/01 01/25/01 SOLD KENNETH CCU PRODUCTIONS INC KCP .1.300.00 37 9211 49,189.78 Ct A 02? 01/27)01:15:33 001 EFTA00198406

CLEARED THROUGH ITS YrisekLY CAMEO SUBSIDIARY BUR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 245 Park Avenue New Y New York 10167 24 Trades Executed Pending Settlement (continued) Beer. SZeirns SON, 14,1 GNP Otto/kenloch Cella North Becck/on. New To* T1201.3019 INSTITUTIONAL INTERESTS STATEMENT PERIOD December 30,2000 THROUGH January 26.2001 ACCOUNT NUMBER TAXPAYER NUMBER LAST STATEMENT December 29.2000 SETTLEMENT DATE TRADE DATE TRANSACTION DESCRIPTION STMOOLCUSP OUANTITY PRCE DEES AMOUNT CREDIT ANOINT 01/30/01 01/25/01 SOLD IMPCO TECHNOLOGIES INC IMCO -1,900.00 18 0938 34,362.07 01/30/01 01/25/01 SOLD WATSON PHARMACEUTICALS INC WPI -800.00 54 2178 43,316.79 01/31/01 01/26/01 BOUGHT ANALOG DEVICES INC ADI 3,800.00 53 7500 204,531.00 WITH RIGHTS TO PURCHASE COMMON 01/31/01 01/26/01 BOUGHT EXODUS COMMUNICATIONS INC EMS 6,300.00 25 0625 157,908.75 01/31/01 01/26/01 BOUGHT LUCENT TECHNOLOGIES INC W 9,800.00 17 7000 174,161.00 01/31/01 01/26/01 BOUGHT MAXIM INTEGRATED PRODUCTS INC MXIM 2,700.00 62 5536 168,909.72 01/31/01 01/26/01 BOUGHT PAC-SIERRA INC PMCS 3,100.00 70 9922 220,090.82 01/31/01 01/26/01 BOUGHT TEXAS INSTRUMENTS INC TXN 4.400.00 41 4688 182.785.72 TOTAL $1,108,387.01 $172,561.44 The Save non Eo eel eppew inn ollxi sake of Ihb sIolonect End of Statement D27 01/27)01:15:13 001 EFTA00198407