«f-OED inentai RL fl CUY OvarD SIALSOWn Ste. lure Swum Con en Warden Orin, North Inenrt New Yet 11201.3$0 121a 272.1C00 INSTITUDONAL INTERESTS 2 an 0 0 C in z -H r ILPESEOCIN9- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE OY2902:22:20 COI ens EFTA01322482

atmee 11•904eler ITS WMOLLY 00041) SLUMMY rn 8 b.) IJ BEAR STEARNS OFFCE SERvICING YOUR ACCOUNT Bear. Steams .5 Co. Inc. 383 Mae son Avenue New Yorks New York 10179 (212) 272.2000 3 a za Cash Flow Analysis rue Paco Cash Balance Summary 09131.18 1:40SPC Opening Balance 5707,781.76 Cash 705,457.53 1.028.273.38 Securities Sold 4.117.158.62 Margin 2.304.23 3.235.84 Money Fund 552.934.28 Net Cash Balance 5707.761.76 S1.031.509 02 Dhidandsinterest 4.911.29 z -n Amount Credited Securities Bought Money Fund 54,675,004.19 -2.888.322.65 -1.462.934.28 Income Summary 1045 P01100 1291110 00( C in z Amount Debited Net Cash ACtivity Closing Balance 5-4 351 256.93 323.747.26 SI 031 509.02 Couldends Credit Balance kn. Total Foreign Tax Withheld 6.914.16 931.41 $7.845.57 0.00 14.968.36 3.235.64 618 204 02 410.03 r ZLPESEOCIN9- ANGS Portfolio Composition Cash:Cash Equvalent Equities 8er. Steam Soothes ea,. 04 Maottacn Cartar Math Inver. 'We Yon 11201-3859 R12)2)24030 INSTITUTIONAL INTERESTS STATINfla PER/CO February 23. 2002 04110004 With 26. 2002 oceetair NISMICR 102.05152 05.5 TWANIPI Halt 314412006 4.88 armoury February 22. 2002 4,561.906 13.520.120 Cash a Egurralert 26% Total $18,082,026 02) 011290221 33 001 Your Portfolio Allocation EgtatitS 74% Vs.**, totem ittra• CIO' Utra tto, .Mw vat. 71•• alecola, pveruate 6...d 4Y tt .$a.Io frier...kW or skr 1555 EFTA01322483

craw 114,00.2.. na 2MOLLY 0/0(ED SU84024« 99 I 9Z: ZOO- V.L43 0 -n z in r £Lb£S£00 INS ',NOS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New Ye" New York 10179 (212) 272-2000 4 nit Your Portfolio Holdings Cass a CASH EQUIVALENTS DESCRPT13.1 CALVIIIY PRICE VAKT Mu( (SWAIM CURISZI 111,201rt MD (10 CASH BALANCE 1.031,509 THE TREASURERS FUND INC GTDXX 3.526.392.62 1.0000 3.526.393 50.427 1.4300 DOMESTIC ARNE MM PCRTFOu0 THE TREASURERS FUNDINC GTD)0( 4.004.37 1.0000 4,004 57 1.4236 DOMESTIC PANE ANA PCRTFOU) TOTAL CASH & CASH EQUIVALENTS 54.561.906 550.484 EQUITIES Equities 8 Options /CC( IMIXET COVIATED aittle DESCMOnew SYMNIX1.192 THE ~MY MCC WAX MINUM. NERK 0110 (WI ABERCROMBIE & FITCH COCA ANF CASH 1200 30.8000 98.560 AC1V INC IATV CASH 17,300 1.5090 26.106 AMERICAN EAGLE OUTFITTERS INC AEOS CASH 1.400 24.7700 34.678 NEW ADELPHIA COMMUNICAllONS CORP ADLAC CASH 23.154 14.9000 344.995 CL A ALLMAN INC AGN CASH 2.750 64.6500 177.788 990 0.5568 BURUNGTON NORTHERN SANTA FE BNI CASH 2.700 30.1800 81,486 1,296 1.5905 CORP BEA SYSTEMSINC BEAS CASH 10,500 13.7100 143.955 BEVERLY ENTERPRISES INC NEW BEV CASH 44.800 7.2000 322.560 BOISE CASCADE CORP BCC CASH 2.500 36.2400 90,600 1.500 1.6556 CHLDRENS PLACE RETAIL STORES PLCE CASH 3.600 33.0000 118.800 eAC 027 03411102:22•30 COI M. San Sttunan Ø. Ewe ~ion Cola tre. beser. Not cm 201 3859 12121 272.1020 INSTITUTIONAL INTERESTS STATCW1,7 ~CO February 23.2002 Tmittr.,04 mac& 25.2002 0c004.22- SIMBER 102.05162 056 TAX.A`CFR %WIER 31-5412006 Las( STISEVTVT FebuIty 22.2002 EFTA01322484

99 I 9ZZOO- V1.43 0 m C in r PLb£S£00 IND ANDS BEAR STEARNS OTT10E SERVICING YOUR ACCOUNT Bert Stearns & Co. Inc. 383 meson Avenue New York. New York 10179 (212) 272-2000 5 at a Your Portfolio Holdings (continued) Equities & Options (continued) DISCRIP1Kbl SOIlla/CUSP ACCE TIN OLIANTITT PREF MOW vita ESTIVATED MIMS PICOmE ACCOunT %%noel 102-05152 055 torPAyEll µM Sc 314412005 LAST STATEMENT Eeta.azy 22. 2002 amain AUD CENDMIT CORP CO CASH 11.450 19.2000 219.840 COSTCO WHOLESALE CORP-NEW COST CASH 6,300 39.8200 211.046 OMENS COMMUNICATIONS CO CZN CASH 37.200 10.7503 399.900 CSX CORP CSX CASH 5.500 38.1100 209.805 2.200 1.0496 CANDIES INC CANO KARON 346 2.2030 761 KENNETH COLE PRODUCTIONS INC KCP CASH 5.900 20.0700 118,413 CL A CONTINENTAL AIRED/ES B CAL CASH 8.150 28.3200 230.806 COOPER INDUSTRIES NC CBE CASH 3.500 41.9500 146.825 4,900 3.3373 CUMMINS INC CUM CASH 2,500 47.2300 118,075 3.000 2.5408 OMC STAMM( NETWORKS RIC SUN CASH 11,450 5.4400 62.288 EDLSON INTERNATIONAL Et( CASH 14,250 16.7500 238.688 EASTMAN CHEMICAL CO EMN CASH 2.200 48.7900 107,338 3.872 3.6073 EMMIS COMMUNICATIONS CORP-CL A EMMS CASH 14,950 26.7400 399.763 ENZON INC ENZN CASH 6.750 44.2900 298.958 EXPEDITORS INTERNATIONAL OF EXPO CASH 3.000 61.0000 183.000 600 0.3279 WASHINGTON INC FOOTSTAR INC FTS CASH 3.900 30.4900 118.911 FOX ENTERTAINMENT GROUP INC FOX CASH 14,600 23.6500 345,290 CL A FOOT LOCKER INC CASH 13,650 16.1800 220.857 FEDERATED DEPARTMENT STORES FD CASH 3,900 40.8500 159,315 RIC-DEL ELECTRONICS INTERNATIONAL RE( CASH 8.800 18.2500 160,600 LID =RED ri4301.3.1 ITS W“OLLT On/40 SLAWDIARY Sea Stews Sands Cap. one Veatch Cato Math fro Mw Volt 112014559 (210 2/2.1000 INSTM.1110NAL INTERESTS sTATsmon ma= Feeney 23.2032 Tmlicosm 'Aron 28.2002 021 02/200227:30 COI EFTA01322485

CLEARED ~WON M ~DUN pep Suntan« L9 I 9Z: ZOO- V.L43 0 -n rn r SLb£S£00 IN 9 ANDS BUM2 STWRNS COME SERvICAG YOuR ACCOUNT Gear. Stearns 6 Co. Inc. 383 Madsen Avenue Nee York. New York 10179 (212) 272-2000 6 or XS M. Minn Stares Mn. OV /Mown Um. 1.01, bØ. M. Yen 11201.3859 WIZ> 272.1000 INSTITUTIONAL INTERESTS STAMEN, PROD Fetsuary 23,2002 TMC00m March 28. 2002 Your Portfolio Holdings (continued) Equities 8 Options (continued) ACCT DESCRIPTION SYIMCI.CLSIP Mf twiTire PA1Ct MAIMET VALUE amen° ANNUAL nag Accounir sweet 102-05152 055 ~ASCII 101.~ 31.6412006 LAST STATIACC reeruely 22.Ø2 CURRENT veto os) IONA TECHNOLOGIES PLC IONA CASH 12.500 16.9300 211.625 SPONSORED ADR HONEYWELL INTL INC HON CASH 4.850 38.2700 185,610 3.638 1.9600 I.MANY INC Met CASH 39,150 4.9600 194,184 FICA INC HCA CASH 12.400 44.0800 546,592 992 0.1815 ORM HCAllEALMCARE COMPANY) WC GLOBAL MC ICE CASH 17,200 14.7500 253,700 1.376 0.5424 KOHLS CORP KSS CASH 3.500 71.1500 249.025 UBERTY MEDIA CORP CASH 41.200 12.6400 520,768 SER A KW U2 CIMBORNE INC UZ CASH 7.400 28.3600 208864 1.665 0.7934 MYKROLIS CORP MYK CASH 10.700 15.2900 163.603 MASCO CORP MAS CASH 6,600 27.4500 181,170 3,564 1.9672 NOVA CHEMICALS CORP NCX CASH 8,600 25.0100 215,086 1.365 0.6346 NORTHWEST AMUNES CORP NWAC CASH 2.500 19.0700 47.675 NORFOLK SOUTHERN CORP NSC CASH 7.150 23.9400 171,171 1.716 t0025 POLO RALPH LAUREN CORP-CL A RI. CASH 8,907 29.1800 259.906 CHANICARE INC OCR CASH 6.300 25.8900 163,107 567 0.3476 PACIFIC SUFAVEAR OF CAUFORMA PSUN CASH 3.950 24.6000 97.170 INC PPG INDUSTRIES INC PPG CASH 1500 54.9100 82.385 2.520 3.0596 CIUMSAVER INC 20K CASH 13.300 21.8800 291.004 REMEC INC REI /C CASH 5,250 9.2500 48.563 ROYAL CARIBBEAN CRUISES LTD RCL CASH 13.850 22.5500 312.318 7.202 2.3060 SCR INC SCRI CASH 10,800 17.0800 184.464 027 0S01.02:2110 C01 VMS EFTA01322486

89 I 9ZZOO- V1.43 0 -n in r 9Lb£S£00 INS ANDS BUR STBNIRNS OFFICE SERVICING YOUR ArrniNT Bear. Steams & Co. Inc. 383 Madison MENA) New York New York 10179 (212) 272-2CO3 7 ate Your Portfolio Holdings (continued) Equities & Options (continua 0 caceenm SYLIODUDZIP ACC PRICE ~XØ MON SKEDERS USA INC S/31 CASH 9.000 18.9100 170,190 CL A • STAGE STORES INC STGS CASH 12,300 26.6000 327.180 NEW SANMINA-SCI CORP SUN CASH 10.500 11.7500 123.375 SINCLAIR BROADCAST GROUP INC SBGI CASH 27.600 13.5500 373.980 CA A SYMBOL TECHNOLOGIES INC S81 CASH 33.100 11.2400 372.044 662 0.1779 TYCO MTERNATIOt4AL LTD IYC CASH 4.900 32.3200 158.368 245 0.1547 TIBCO SOFTWARE INC fiBX CASH 7.900 11.7600 92.904 TENET HEALTHCARE CORP THC CASH 5.250 67.0200 351.855 TEXTRON INC 1%7 CASH 1.400 51.1030 71.540 1.820 2.5440 TIMBERLAND 03-CL A TBI. CASH 3,903 42.2500 164.775 TOMMY HIFIGER CORP-ORD TOM CASH 15,700 14.3500 225.295 TRIOURFT SEMICONDUCTOR INC TOM CASH 8,500 12.0100 102.085 UNITED PARCEL SVC INC UPS CASH 4,150 60.8000 252.320 3.154 1.2500 CI. B UNITED RETAIL GROUP INC URGI CASH 16.700 6.9600 116.232 VITRA TECHNOLOGY INC VTTR CASH 15.650 3.9500 61.818 COM VISHAY IMIRTECNNOLOGY INC VSH CASH 7.500 20.3400 152.550 YOUNG BROADCASTNG ØA WNW CASH 17.800 24.9900 424.830 Total Equities& Options 513.520120 548.844 TOTAL EQUITIES 51 3.520.120 548.844 027 02'202:22 30 001 CLEARED ~Oval MS 3.0u. CERRO hØ56.20 Bar San Soya. Co. Ote latraRch Caw at. Rana Pat Ta 112014410 12121 2124000 INSTITUTIONAL INTERESTS STATtimirt Pillb03 Fetnaty 23.2002 THEOL.H March 28.2002 AerOArr vuteeft 1024:6152 055 TAXPAYER ~A 314417006 LaT STATEWENT haw., 22. 2002 VHS EFTA01322487

CLEARED 11410039i ITS W.Cuor 08540 summon 69 I 9ZZOO- V.L43 0 -n C rn r LLb£S£00 IND ANDS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Me4isco Ammo New Yak. New Yak 10179 (212) 272-2000 Your Portfolio Holdings (continued) YOUR TOTAL ESTIMATED ANNUAL INCOME 699.328 YOUR PRIG EOPORTFOLIOHOLDINGS 518.082.026 Transaction Detail INVESTMENT ACTIVITY Bev. Sown Secumat Cap. cot PACIMICCh Cwt. 11019 890899 10./ Ye* 11201.3859 R121 272.1CCO INSTITUTIONAL 'HIE/TESTS ST8'15191.7 Pt my, February 23.2002 notovo. Meth 28.2002 84=4.191 WARR 102.05152 055 TAXPAYER 1.1.90.19 31.6412005 us- STA21/0.7 Foruary 22.2002 Mnuww: ram DM5 0811 111.1.115.471581 CE5001191311 511.020.60 0.11/01/9 P 01W AMOUNT OMR /Nam 02/25/02 02/20/02 BOUGHT TOMMY HILRGER CORP.ORD TOM 1.900 11.52490 22.026.31 EXECUTION BY BUCK VS 1900 02.20-02 COMPASSION 11400 AS OF 02/20.02 02/25/02 02/20/02 SOLD YORK INTERNATIONAL CORP NEW EXECUTION BY BUCK VS 2500 11.2041. 1103 1144.0 1 COMMISSION 216.00 SEC FEE 1.74 AS OF 02/20/02 BEA SYSTEMSINC ECECUTION BY NET VS 1700 01.23-02. 900 11.0941 COMMISSION 78.00 SEC FEE .60 02/26/02 02/21/02 SOLD YRK -3.600 32.08780 115.283.34 SEAS -2.600 15.15900 39.319.80 039 002614922:30 COI VSSS EFTA01322488

OL I 9ZZOO-V.L43 0 -n C rn r 8Lb£S£00 INS ANDS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beat. Steams 6 Co. Inc. 383 Madison Avenue New Yak. Nett York 10179 (212) 272.2000 9 521 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) 0J.4100 11010460. WrOLLY OVAIC0 faitc4RY 666 Sten Loan Cap Or 1•10477146 UMW WM Bradt" Vas Vent 1.7014559 ele 272.1CO3 INSTITUTIONAL INTERESTS simtvewr wax7o 'Krum 23.2002 THRotni, Wirth 213.2CO2 A0304.47 %NOIR 102.06152 055 TO:PAYER huAtIER 31 6412036 ISST ST470030 FON." 22.2002 SCITIO417rt TRW MN ME IRMSACTON OLSC4r1011 SYM0040.102 imam PRICE CCM AMOUNT 02/26/02 02/2102 BOUGHT KENNE1N COLE PRODUCTIONS INC KCP 4.200 18.85120 78.602.04 CL A EXECUTION BY BUCK VS 4200 02-21-02 COMMISSION 252.00 POIRSIL CORPORATION EL A ISIL -1.700 27.72000 07.108.29 OVA INTERS,. HUG CORP MA EXECWON BY COWN VS 1700 01.16-02 SEC FEE .71 SOLECIRON CORP EXECUTON BY MONT VS 4300 01-04-02. 2600 01-03-0 2. 1700 12.26-01 nnatuiesext 516.00 SEC FEE 1.18 ANDRX GROUP NEW EXECUMN BY NET VS 200001-31-02 COMIASSION 60.00 SEC FEE 1,00 CAPSTONE TURBINE CORP EXECUTION BY SBSH VS 8800 01-08-02. 2200 01.100 2. 3800 01.24.02 SEC FEE .83 FMC CORP NEW SEE NOTE T ON BACK EXECUTON BY 138A8 VS 300 11.13-01. 600 1148-01 COAAMSSION 63.00 SEC FEE .49 02/26/02 02/21/02 SOLE 02/26102 02721/02 SOLD SLR -8.600 9.10830 77.799,20 02/27/02 02/27..02 SOLD ADfd .2400 33.06710 66.058.20 02/27702 02/22/02 SOLD CPST -14.600 2.88070 41.750.59 02)2702 0222/02 SOLD FMC .900 36.05000 32.366.51 397 0Y29.6162630 001 V440 EFTA01322489

CLEARS' 11400304 ns W4CUr 0.0.0) SueSoDwiry I L 19ZZOO- V.L43 0 -n C in r 6Lb£S£00 INS ANDS BEAR STEARNS OFFICE SERviciNG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New Yak. New Vat 10179 (212)272.2000 10 o Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SMIDAPIT WAX DOE art ntraiSACTIN Of SCRPTIOM 02/27/02 02/22/02 SOLO OIMOICUSII PX Ow. Stan Secutes Len. Cnt Weinuch en Math I, Mtg. Yon 1120148H (212) Z72-1003 INSTITUTIONAL INTERESTS STA7UIENT PER,00 Fel:Nary 23.2002 notomui mato 28.20-02 ACCary 'ANGER 102-05152 055 Tax.Ana µrmER 314412005 LAST STATIvErCr Tansy 22.2002 COMM PACE men Ave4011 CSIOrt MOM -LOCO 57.34320 114.529.67 PRAM/ INC SEE NOTE I' ON BACK EXECUTION 8Y IALCO VS 2000 01.17-02 COMMISSCO/ 140.00 SEC FEE 1,13 SOWTIA INC DEMON BY 4600 VS 4000 01-09-02. 2100 01-07-0 2. 2700 01-04-02 CCMATISSON 528.00 SEC FEE 1.00 SOLECTRON CORP EXECUTION BY 58514 VS 455012-26-01. TWO 12-21-0 1. 10600 12.21.01 COMMISSION 1,323.00 SEC FEE 2.85 VITESSE SEMCONOUCTOR CORP MIGNON BY WHO VS 1250 07-19-01. 1800 07-17-0 1. 1700 01.23.02. 2500 10-03-0 1 SEC FEE .81 LOC COMPANIES INC NEW DICUTMN BY BUCK VS 1500 02-25-02 COMMISSION 90.00 OINDFTENS PLACE RETAIL STORES iNC EXECUTION BY OK) VS 800 01-29-02 SEC FEE .41 COSTCO WHOLESALE CORP-NEW EXECUTION BY MET VS 1100 0246-02 COMICS= 33,00 02/27/02 02/22/02 SOLO 501 -8.8C0 7.50730 65.520.24 02/27/02 02/22/02 kW 5th -22.150 8.57260 188.536.24 02/27,02 02/22/02 SOW -7,250 7.38330 53.61 1 .12 02/28/02 02/2902 BOUGHT TD( 1.500 34.33000 51.600.00 03/01/02 02/26/02 SOW 03/01/02 02/26432 BOUGHT PLCE -800 31.05800 27.230.99 COST 1.100 13.81000 18.239.00 027 01210022T-30 001 VSSS EFTA01322490

0 m C in r MESEOCIND- ANGS I8 b.) IJ Is) BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Ammo New Ycek. New York 10179 (212)272.2000 Transaction Detail (continued) INVESTMENT ACTIVITY (rortirmed) =Wee MOAN Re %Car CaED tletteelle beet. Saes Sexeliet Cap 0-e Wake/I Unto ebre Stair. New Vert 112013159 1212) 272.10:0 INSTRUTIONAL INTERESTS seelliele: PIRKO Ntrury 23.2002 THROUGm Match 28.2002 Aire Kr 'Lae. 102-05152 065 rexemlet ream 314412006 LAST STATEWIT Faxuary 22.3002 SEITLEWN1 TRADE DAM OUR TOANSACI1CN DISCROMA SYWOUCLISP 0110.10W MICE Duel NAOMI Cam wow 03101/02 02/26/02 BOUGHT KENNETH COLE PRODUCTIONS INC KCP 1.700 18.69210 31.89347 CL A EXECUTION BY BUCK VS 1700 02.26-02 COMMISSION 102.00 03/01102 02/26102 319.0 MILLENNIUM CHEMICALS INC EXECUTION BY SP AM VS 7900 10-03-00 COMMISSION 553.00 SEC FEE 1.4S VIACOM I LB EXECUTION BY PNO VS 800 12-18-01. 1200 11-07-01 COMMISSION 140.00 SEC FEE 1.40 AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY NET VS 1500 02.27-02 COMMISSION 45.00 IONA TECHNOLOGIES PLC SPONSORED ADR EXECUTION BY MT VS 2800 02-27-02 COMMSSION 78.00 HCA INC (FRM 140A-HEAL1NCARE COOSMIT) EXECUTION BY INET VS 2600 10.24.01 enuuTSSKN 52.00 SEC FEE 1.61 AVNET INC EXECUTION BY GOWN VS 4500 01-03.02 CCOAMSSON 315.00 SEC FEE 1.79 MACH -7.900 72.17810 96.82131 03/01/02 02/26/02 SOLD VIM .2.000 46.51570 92.875.00 03100)2 02/27/02 BOUGHT AEOS 1.500 24.75000 37.185.00 03/0402 02/27/02 SOUGHT 03/04812 02/27/02 SOLD IONA 2.600 15.76160 41.073.16 03)05/02 02128/02 SOLD HCA AVT -Z600 11.12800 109864.19 4.500 26.39960 118,465.96 047 0Y2S02:21-.10 001 EFTA01322491

0 -n C rn r ISPESEOCIA19- ANGS I8 IJ IJ $'• BEAR STEARNS OFFEE SERVICING YOUR ACCOUNT Bear. Steams & Co. kw. 383 Madtson Avenue New Yak. New York 10179 (212) 272.2000 12 OSA= natOuGH rn %lazy °WM) SUSSIDARY Ne. Sun Searnes Cap Ore Lwow' Win Mann Wady% Ni.Weak 11201.1139 2122 272-1000 INSTITUTIONAL INTERESTS STATVADef PROD iettuart 23.2002 THROUGH March 28 2002 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) uremia IltUt DAM DAM MaSSACrON DOCRIPTION 1110801/WSP QUIMITY Ma Accourn maira tvo.AvrR nr,itiet. LAST STATEWNT Mt Amara 102.05152 055 31.6412006 Febnarj 22.2002 CREDO AVOu/c1 03/06)02 02/28/02 BOUGHT CSX CORP CSX 4.200 38.98850 164.050.70 WITH RIGHTS TO PURCHASE PREFRO STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FCAP VS 4200 02-2802 COVIIIASS1ON 294.00 03/05/02 02/28/02 Seth PAC STRATEK NETWORKS NC SUN -2.000 4.61630 9.217/8 EXECUTION BY FBCO VS 1500 01.15.02. 500 06.2401 SEC FEE .14 03105/02 02/28/02 BOUGHT IONA TECHNOI MOS PLC 13NA 2.500 14.38950 35,988.75 SPONSORED ADA DEMON BY SUM VS 2500 02.2402 03105/02 01/28102 BOUGHT NOM= SOUTHERN CORP NSC 2.600 24.02300 62.656.80 ELECTRON BY FCAP VS 2600 02.28.02 COMIASSION 182.00 03105/02 02/28/02 BOUGHT IWO SOFTWARE INC 5,100 10.76470 54,914.97 EXECUTION BY SUM VS 5100 02.28.02 03/05/02 02/28102 BOUGHT UNITED PARCEL SVC INC UPS 1.550 59.05320 91,655.96 CI. Es EXECUTION BY FBCO VS 1550 02-28-02 COMMISSION 108.50 03/05/02 03/01)02 SOLD ANDRX GROUP ADA% -1.900 38. 8400 72,47641 NEW EXECUTION BY NET VS 700 024142- 1200 02-0742 COMMISSION 57.00 SEC FEE 1.09 03/06)02 03/01/02 BOUGHT COSTCO WHOLESALE CORP-NEW ow 500 39.72000 19475.00 EXECUTION BY RSSF VS 500 03-01-02 022 03,21.0Z22:30 001 v358 EFTA01322492

CLAMED nectrom m3 vrliEnT OATS) Ste&War tt I 9Z: ZOO- Vida C) 0 r l in r _ MESE00 IND ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New York. New York 10179 (212) 272.2000 13 um Rem Swain Cap. One FAtottach Cow Math 8mA% lie. York 11201.3859 (2121 272.1CCO LNSTITUDONAL INTERESTS STATEMENT PEA1C0 Fernery 23.2002 THROWN make 2a. 2002 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTIFA4011 DATE DATE 1PANSACI113•3 OLSOwnwr sYllgA@ Ou*MY vett •CCpM NullUR T&WAYTR maeot LIST FrATC1AENT 0CM MOM 10246152 055 31.6412006 Maury 22.2002 awe WWII 03106/02 03/01/02 BOUGHT ENZON INC END/ 1.400 43.38870 60.728.38 EXECUTION BY MONT VS 1400 03-01-02 03/06/02 03101/02 BOUGHT SICOR INC tau 4.600 16.06250 73.902.50 EXECUTION BY SEM VS 4600 03.0142 03/06/02 03/01/02 SOLD TAU3OTS INC 11B .1.800 40.71510 73.163.08 DECUTON BY BUCK VS 300 01-04-02. 1500 01-03-02 COMMISSION 108.00 SEC FEE 1.10 03/07/02 03/04102 SOLD CHILDREN'S MACE REM STORES Pitt .1.200 34.62080 41.529,33 INC EXECUTION BY OHO VS 700 01.29.02. SCO 0143.02 SEC FEE .63 7/02 03/04/02 BOUGHT COOPER INDUSTRIES INC 2.300 37.83726 87.201.56 WITH RIGHTS TO PuRrwASF PREFRO STK UNDER CERTAN CIRCUMSTANCE EXECUTION BY war VS 2300 0344.02 COMMISSION 161.00 03/07/02 03/04/02 BOUGHT FOX ENTERTMNMENT GROUP INC FOX 3.200 22.90920 73.548.44 CL A DTECUDEN BY cam VS 3200 0344-02 COMMISSION 224.00 03/07/02 03/04/02 BOUGHT MYXROUS CORP mmc 8.700 13.12780 88440.26 ExECUDON BY SEISH VS 6700 03-04-02 C0AOAISSION 469.00 027 0.9090t2t30 001 9555 EFTA01322493

BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Boar. Stearns & Co. Inc. 383 Madison Annue New Yak. New York 10179 (212) 272-2CO3 14 un Transaction Detail (continued) INVESTMENT ACTIVITY (conanied) SMARM TENN Can CITE TPANSACTO1 03107/02 03/04/02 SOLD 0 -n 03/07/02 03/04/02 BOUGHT C in 03107/02 03/04/02 BOUGH' 03/07/02 03/04/02 SOLD r 03/07/02 03/04102 SOLD 03/08/02 0105/02 SOLD MESEOCIN9- ANGS DESCRIVETT ROYAL CARIBBEAN CRUISES LTD SEE NOTE S' ON MSC EXECUTION BY RSSF VS 2000 12.26.01. 2200 12.214 1 pausnesoN 294.00 SEC FEE 1.28 113C0 SOFTWARE INC EXECUTION BY NET VS 1500 03-0442 COLNIISSEN 45.00 UNITED PARCEL SVC INC CL 8 EXECUTION BY IASCO VS 2600 03-04-02 COMPASSION 182.00 UNIVERSAL HEALTH SERVICES INC CL 8 EXECUTION BY OPCO VS NCO 10-17-01. 5100 01.1901 COMAIISSICN 395.00 SEC FEE 3.11 YORK INTERNATIONAL CORP NEW EXECUTION BY BMW VS 1250 11.1401. WO 11.13.01 . 1600 10.23.01 COMMISSION 255.50 SEC FEE 1.95 AMERICAN EAGLE OUTFITTERS INC NEW CCECUTION BY WOO VS 1400 0140-02. 160 01-29-02 SEC FEE .57 Cale TITOCOGII ITS WHCALY OWN= SuBSIORAV W. Elves Secuilat Cap. Cal - Crow *Oh INS Net Yen 11201.3856 Gla 272-1010 INSTITUD3NAL INTERESTS STATEMENT PERIOD Febnary 21.2002 THROUGH Month 28.2002 ACCOUNT HUSE TARRAVER MATINCR LAST STATEINENT 102.05152 055 31-6412006 tetnary 22.2002 swincinw Ounony mot CCM MOM CREW MICRO Rd. .4.200 20.24990 84.739.30 11BX 1.500 11.35900 17.098.50 UPS 2.600 69.50000 154.897.00 UHS -5.500 37.64470 206.642.74 YRK .3.850 35.47910 129.226.27 AEOS -1.500 25.21780 37.811.13 OET 01129102Att30 001 VIII EFTA01322494

CMAN0 TI1ROUOI IAMOLL 0KNw SOSSOIMV 9L I 9ZZOO- V.L13 0 -n C rn r b8b£S£00 INS ANDS BEAR STEARNS OFFICE SERVIDNG YOUR ACCOUNT Best. Reams & Co. Inc. 383 Madison Menu° New Yolk. New York 10179 (212) 272-2030 15 on Peg. SKIMS 5toaCaP 0-e MetOttel UAW N-O. bectlp. Tcrt 1120146SO I212) 2124000 INSTMITIONAL INTERESTS STATPArla PPM Fetnsy 23.2002 ThROLOM mach 28.2002 Transaction Detail (continued) INVESTMENT ACTIVITY (corainuod) SETTUNIEtt VALE DAM MIL IMISACTIN OESCRIP713. SWOCIRAISP WM" MCI ACc0urn when To.XPAYIT Kant LAST STATEMENT DEW /MOUNT 102-05152 055 314412006 Tebruay 22.2002 MOT MOAT 03/08/02 0105:02 BOUGHT BOISE CASCADE CORP BCC 1.000 37.37970 87,424.46 WITH RIGHTS TO PURCHASE COMMON STN UNDER CERTAN CRCUMSTANCE SEE NOTE'S ON BACK EXECUTION BY WHO VS 1800 03-05-02 COMMISSION 126.00 03/08/02 03/05/02 BOUGHT CANINE CORP CPN 6,400 917450 59,115.80 EXECUTION BY MOLD VS 8400 03-05-02 COMMISSION 384,00 03/08/02 03/0602 BOUGHT COSTCO WHOLESALE CORP.NEW COST 900 38.94980 35.09654 EXECUTION BY NET VS 900 03-05-02 COINISSIGN 27.00 03/08/02 03/0502 BOUGHT COOPER INDUSTRIES INC CBE 1.200 40.03000 48.098.03 AUNT RIGHTS TO PURCHASE PREFRD SIN UNDER [EATON CIRORASTANCE EXECUTION BY PHQ VS 1200 03-05-02 COMMISSION 84.00 03108/02 03105/02 BOUGHT CUMMINS INC CUM 1.800 4462840 80,472.12 WITH RIGHTS TO PURCHASE COLUMN STK UNDER CERTM4 CIRCUMSTANCE EXECUTION BY PHO VS 1800 03-05-02 COMMISSION 126.00 03/08/02 03635/02 SOLD FEDERATED DEPARTMENT STORES FD -500 42.94000 21.419.67 INC-DEL EXECUTON BY DAIN VS 500 1248-01 COMMISSION 35.00 SEC FEE .33 03/08102 03/05/02 BOUGHT ELECTRONICS INTERNATIONAL FLEX 4.100 17 95330 73.823.53 LTD ExECUMN BY 1111:1 VS 4100 03435-02 027 03P21,Ot2230 ON VSSS EFTA01322495

LL I 9Z ZOO-V.L43 BEAR STU1RNS OFFICE SERVCD13 YOUR ACCOUNT 80v. Stearns & Co. Inc. 383 /Madison Avenue New York, New York 10179 (212) 272-2000 16 el 27 Transaction Detail (continued) INVESTMENT ACTIVITY (centiluee) SEIIIIMOrt T1ta DMZ DAM 19.785AC1/39 03/08402 03/05/02 BOUGHT 0 03/08/02 03105/02 SOW 03/08/02 03/05/02 SOLD m 03/08/02 03/05/02 BOUGHT 03/08/02 03.105102 SOLO r 03108/02 03/05102 SOLD 03111/02 03/06102 BOUGHT S8b£S£00 IN 9 ANDS oiscenser IONA TECHNIXOGIES PLC SPONSORED ADR EXECUT/301 BY FIST VS 1700 03-05-02 MASCO CORP WRIT RIGHTS TO PURCHASE PREFRO STK UNDER CERT614 CIRCUMSTANCE EXECUTION 8Y FANA VS 1600 12.18-01. 1100 01-16-0 2 COMILIISSEN 169.60 REMEC INC EXECUTION BY FITT VS 3000 04-1B-01 SEC FEE .37 SAHMI/UHSCI CORP EXECUTION BY TWPT VS 4100 03-0542 AS OF 0305/02 TJX COMPANIES INC NEW DILUTION BY FCAP VS 1500 02.25-02 COMMISSCN 105.00 SEC FEE .84 TALBOTS INC EXECLMON BY DAM VS 900 0146-02 COMMISSION 63» SEC FEE .54 ALLERGAN INC EXECLITCN BY COWN VS 2750 03.06.02 07MMESSION 192.50 CALM° T1a0iXim its va.OLLT OMED SuBSiOART 13~. Sen Stoat Cop. Cne1.4899~ Cove Math tOS Woo Tol 11201.3859 C212127240:0 INSTITUTIONAL INTERESTS rime« Moto Fames 23.2052 11.300+4 Mirth 29.2052 ACCOWT st•MIR 102-05152 065 TAXPArE18 sAgeR 314412006 um' teems« Nan 22.2002 51410/.40119. DUMMY MCC DWI NAOMI CREW MOAT IONA 1.700 15.94000 27.113.00 MAS -2.700 28.51520 76.765.88 REMC -3.000 8.05400 24.146.63 SAMA 4,100 12.84830 52.693.03 TJX -1.S00 36.98660 55.359.06 11.13 -900 39.47230 35.446.53 AGN 2.750 65.19100 179.482.75 027 63~02:12"40 VIM EFTA01322496

0 -n C in z r 98PESEOCIA19- ANOS I8 b.) ILA 00 BEAR STEARNS aria SERviCING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New `fork. New York 10179 (212) 272.2000 17 PHI Transaction Detail (continued) INVESTMENT ACTIVITY (ccounueS ARIDAINI MOT OAR DAR MAXSACHON CASCRHYPid 03111/02 03/0602 BOUGHT BURLINGTON NORTHERN SANTA FE COPS SEE NOTE I' ON BACK DEMON BV FBCO VS 1700 03-0S02 COMMISSION 11940 CSX CORP WITH RIGHTS TO PuRCW,SE PREERD STX UNDER CERTAIN CIRCUMSTANCE EXECUTCN BY FBCO VS 300 03-06-02 COMMISSION 21.00 EXPEDITORS MTERNATONAL OF WASHNGTON INC EXECUTION BY FBCO VS 1500 034602 FLEXMONICS INTERNATIONAL LTD EXECUTOR BY TwPT VS 1800 03.08-02 KOHLS CORP EXECUTXM BY BUCK VS 300 0306-02 CatlaSSON 18.00 mYKROUS CORP EXECUTOR BY MOAT VS 4000 03-06-02 COIAMSSIDN 280.00 NORFOLX SOUTHERN CORP EXECUTION BY FBCO VS 2600 02-2402. 2800 12-160 1. 1003 114301. 693 10.11.01 COMWASSION 493.50 SIC FEE 2.77 SMASOLCUSW BM CLEWIA naCUCH rts WHOLLY RAMA SUMPS Mfr. Reams Waxen Coy. OM PAHnOwit Creel NOW Breettpt Ws York 11/01.3869 (2721272.1Co7 INSTITUTIONAL INTERESTS STATtlaLrt ACRICO THRUM" 23.2032 rwtouctm Myth 213.2002 ACORN, ALAWEA 102-05152 055 TAWNWM MASER 31-6412006 LIST SYATWACYT Feboary 22.2002 OLIANTRY PRICE 01ST MARRO CREW ALCOR 1,700 31.06000 52.936. 03/11/02 03/06/02 BOUGHT CSX 300 40.16470 12.08641 03/11702 03/06/02 BOUGHT ETD 1.500 59.77200 89473.03 03./1102 03/06/02 BOUGHT FM( 1.600 18.84000 30.159.00 03/I 1.02 03/06/02 BOUGHT KSS 300 65.96900 19.823.70 03/11832 03/06/02 BOUGHT 03/11/02 0306/02 SOLD MYK 4.000 13.44120 54.05990 NSC 01/11/02 03/06102 BOUGHT SAN/AMA-So cow* EXECUTION BY 1WPT VS 1600 03.06.02 -7,050 26.15410 183.875.14 SMOA 1.600 13.48000 21,583.06 027 03,26121:2210 C01 VSSI EFTA01322497

6L 19Z ZOO- Vida 0 -n C in r _ LaVESECIO INS ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beet. Steam & Co. Inc. 383 Madison Avenue New Yolk. New Yak 10179 (212) 272-2000 18 el >I Transaction Detail (continued) INVESTMENT ACTIVITY (continue °AMMO 11101000/1 n vainly 0.0140 SURSIOURY Sew Stun Sawa* Cap. One ManXeCh Cato New Onapt Pee York 11201.3859 0111 2/2.1010 INSTITUTIONAL INTERESTS STATIPfla PERKO Feeley 23.2002 THRO011 Mirth 213.2002 AMOUR Wain 102.05152 05.5 Mann., InAltR 314412006 LAST STA11140a February 22.2002 strumert MOE WI 64Th 111M19001 OESCRIP101 SVMSOLCUPP OUIRMY MCI DUNI IAIOUN1 Cann .110.141 03/11/02 0306/02 BOUGHT SYMBOL TECHNOLOGIES INC SBL 3.400 10.89300 37,289.20 EXECUTION BY 58..SH VS 3400 03-06-02 COMMISSION 236.00 03/11/02 03/06/02 SOLD 614 2)02 03107M2 BOUGHT VIACOM INC-CL B EXECUTION BY DAIN VS 800 11-07-01. 2200 10-03-01 COMMISSION 210,00 SEC fit 2.30 EXPEDITORS INTERNATIONAL .5? WASHINGTON INC EXECUTION BY SUM VS 1500 03-0742 LIBERTY MEDIA CORP SER A NEW UNSOLICITED VMS -3.000 51.04000 152.892.70 1.500 59.85130 89,791.95 03/12/02 03/07/02 BOUGHT 03/12/02 0307/02 SOLD L 3.400 13.80000 47,158.00 EXECUTION BY USN VS 700 12-2141. 1800 014)UO2 . 3000 01-03-02. 3600 01-24-02 SEC FEE 1.27 CALPME CORP EXECUTION BY NCO VS 6400 03-05-02 COMMISSION 448.00 SEC FEE 1.24 CMZENS COMMUNICATIONS CO EXECUTION BY CANT VS 4400 03-08-02 COMMON 464.00 FOOT LOCKER INC EXECUTION BY BUCX VS 2100 12.3101 COMMISSION 126.00 SEC FEE .56 PRGN -9.100 9.30310 84,841.94 03/13/02 030802 SOLD 17PN 4.400 1384850 81.766.16 03/13/02 030802 BOUGHT 4.400 10.47780 46.38132 03/13/02 030002 SOW 2 -2.100 17.66630 36,967.67 032 0020111t2P30 001 VMS EFTA01322498

=Amp THROW.. RS nsouv ovesrE0 VA/SOLviv 0819ZZOO- V1.43 BEAR STEARNS OFFICE SERVC/iG YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York. New York 10179 (212) 272-2000 19 a21 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SCULORKT TUX OAR ToWiSACroy• 03/13/02 03/08/02 SOLD 0 03/13/02 03/003/02 SCAB -n C rn 03/13/02 03.438102 SC4.0 z J 03/14/02 03/11102 SOLD r 03115/02 03/12/02 BOUGHT 03/16/02 03/12/02 BOUGHT _ 8817ESE00 IND ANUS DESOVPDON REMEC INC DICUTION BY WOO VS 6500 04.1841 SEC FEE .95 ROYAL CARIBBEAN CRUISES LTD SEE NOTE 'V ON BACK DICUDON BY RYAN VS 500 12.21.01. 4100 12-2041 . 500 12-18-01 COMMISSION 1573:0 SEC FEE 1.67 STAGE STORES INC NEW DILUTION BY MET VS 800 01-03.02 COMIAISSICW 34330 SEC FEE .36 TAU3OTS INC DEVTION BY GSCO VS 200 01-1642. 1200 02-04-02 1300 02-0642. 600 12-0S-01 COMMISSION 231.80 SEC FEE 1.71 BURLINGTON NORTHERN SANTA FE CORP SEE NOTE 5 ON BACK EXECUTION BY FBCO VS 1000 03.12-02 COMMISSION 70.00 BOISE CASCADE CORP WITH RIGHTS TO PURCHASE COMMON STK UNDER GERM,/ CRCulASTANCE SEE NOTE 5 ON BACK EXECUTION BY JPTIO VS 700 03-12-02 COMLISSI3N 49.00 Ear. SWIMS StOadS Cap Ore litatsech Canis MT grocer. Pam Vat II201.2tS9 02121 272-1003 INSTRITIONAL INTERESTS STAW Pim= February 23. 2002 Thitoir.J. Na th 21 2002 ACCaorr 'U. ER 102.05152 055 TAxPAvER ',Neat 31.6412OO6 tar STATELCNT Fetway 22.2002 ctivi AMOOK1 CROW .gmeciiii SneKetusP OUNarly INC( REMC 45500 9.66250 62.790.30 RCL 4,100 21.72600 110428 93 STGS -800 29.61260 23.650.72 118 .3,300 34.43430 113.385.48 BM 1.000 30.67670 30,761.70 BCC 700 37.03600 25.989.20 027 03129.3t22.30 a01 vial EFTA01322499

I8I9ZZOO- V133 0 -n rn z r _ 6817ESE00 IN9 ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New Yak. New York 10179 (212) 272-2000 20 e• Transaction Detail (continued) INVESTMENT ACTIVITY »mi ed) 5011171/191- MAX DATE TIWASECTIEN ICAES1112•1 03/15/02 03/12/02 BOUGHT CS% CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE ExEctincsi BY FBCO VS 100:103-12-02 CCMIASSION 70.00 CUMMINS INC WITH RIGHTS TO PURCHASE COMA» SIX MEIER CERTAIN CIRCUMSTANCE EXECIIIM BY WHO VS 700 03-12-02 CCSIMISSMN 49,00 511A000.151P CS% 1.000 38.93200 39.017.00 CAEN» THROWN ITS WmOLLY CY.Neb SURSORRY leaf Stem Wean 0:(0. Or. Iheratch Career ~IN RS Nat wt 20 2449 12112272.1a'0 INSTITUTIONAL INTERESTS sTmcurwr 40400 Febnally 23.2[02 DIRCUGH match 29 2032 A:court NJ116ER 102-05152 055 TAXPAYER NUIJUR 31-0412006 LAST STARRETT, EPSOM 22.2002 OUANIITT NIKE 01211 AWN own ewetee 03/15/02 03/12/02 BOUGHT CUM 700 46.50180 32.815.28 03/15/02 03/12/02 BOUGHT FLOCTRONICS INTERNATIONAL PaLEX 1.400 18.19210 25.525.94 LTD EXECUTM BY NET VS 1400 03-12-02 COMMISSION 42.00 03/15/02 03/12/02 SOLD MASCO CORP WITH RPSHTS TO PURCHASE PREFRO Six LOWER CERTAIN CPCUMSTANCE EXECUTION BY OPCO VS 700 01-16-02. 1400 12-2301 COMMISSION 147.00 SEC FEE .90 SAMMINA-SCI CORP EXECUTION BY FBCO VS 1400 03-12-02 TALBOTS INC EXECUTION BY BUCK VS 1200 12.05-01 COMPAISSIDN 72.00 SEC FEE .64 ACTV INC DECuTION BY S8SH VS 3900 04-19-00. 1100 11-02-0 0 SEC FEE .11 MAS -2.100 28.54400 59.779.50 03/15/02 03/12/02 BOUGHT SAW 1.400 13.63000 19.097.00 03/15/02 03/12/02 SOLD 71.8 -1.200 35.05790 41.981.84 03/18/02 03/13/02 SOLD WV 4003 1.35000 6.734.89 497 49246;41:30 Ø 1/556 EFTA01322500

4D-CARED 1541406004 mat( 0644433 SIASSO4ARY rn 8 IJ V.2 a". IJ C) 0 m rn r 06tESEOCIN9- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Menue New Yak. New York 10179 (212) 272-2000 Sur Van Semen CoD One Metrtlech Cent WP beet)" Nves Tort 1120101159 0121272.10:0 INSITRTHONAL INTERESTS Transaction Detail (continued) swiNCAT PEA= 162060H Wray 23.2002 march 28. 2002 ACCCAANT HINDER 102-06152 055 TAO-ATER HUMES 31.6412026 INVESTMENT ACTIVITY (continued) LAST STATEMENT Fetaas 22.2002 SETSEMENT 19ADE DAM DATE litN4SACTiON orscapnok SVPASOUOJW ouuarrr Pala DEW MAW CRED6 WOW 03119/02 03)14/02 SOW MASCO CORP wiTH RIGHTS TO PURCHASE PREFRO MAS -1.500 27.80000 41.5/9.3 STK UNDER CERTNN CIRCUMSTANCE DICUTION BY RYAN VS 1500 12-28-01 COMMISSSON 105.00 SEC FEE .63 03/19/02 03/14/02 SOW STAGE STORES INC STGS -1.500 27.79840 47,636.97 NEW ExEcunON BY NE7 VS 1500 01-03-02 COMMISSION 45.00 SEC FEE .63 03/2002 03/15/02 SOW F007 LOCKER MC .3.700 16.72310 61.600.54 EXECUTION BY RYAN VS 3700 12.31-01 COMMISSION 259.00 SEC FEE .93 03/21/02 03/18/02 SOW AMERICAN EAGLE OuinnERS INC AEOS 4.700 27.84230 75.158.08 NEW ExEcumN BY PHO VS 1200 01-29-02. 1500 02-01-0 2 SEC FEE 1.13 03/22/02 03/19/02 SOLD OmNICARE INC OCR 4,800 24,78010 44,462.51 ExECUION BY GSCO VS 1900 06-15.01 COMMISSION 126.00 SEC FEE .67 03/25/02 03/20/02 SOW AMERICAN EAGLE Ou7F777EPS INC AEOS -2.500 28.63930 71,582.17 NEW EXECUTThI BY WHO VS 500 02-01-02. 1500 02.27.02 . 500 02-0402 SEC FEE 1.08 027 al2410 001 VSS5 EFTA01322501

£8 I 9Z ZOO-V.L43 0 -n rn r _ 1617£5£00 INS ',NOS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New Yak. New York 10179 (212) 272-20:0 22 4a Transaction Detail (continued) INVESTMENT ACTIVITY (cwilued) SØ tux OATE DATE TRANSACTION 0, SCRPION 03/26.102 03/21/02 SOLD SirmOCKUSP AEOS CUAREC, 1NROUGN ~OW( OfflieD 9MS~ eat. sal% Sots Cap. Ont ~tad. C•row Nerth irscert New ,b1 mobs.» 12173272-1440 INSITTUMMAL INTERESTS STATliteN7 esRCO Fatima, 23.2002 THROW... mama 28.2032 ACCOinT sumeER 102-06162 06S TAxPANIOR maarat 314412006 LAST PM/NEW Feerutrs 22.2002 COMM PRCE DOW AMOUNT CRUM! MOW« -4.000 28.07380 112.278.51 AMERICAN EAGLE OUTFITTERS INC NEW 0EØ BY »HQ VS 4000 024442 SEC FEE 1.69 EDISON INTERNATIONAL DECLMON BY ADAM VS 3700 03-21-02 COMMISSION 259.00 FOOTGOCKGR ING DECUTION BY 14.00 VS 2001231-01. 140010.11-01 COMMISSION 112,0D SEC FEE .40 FLEXTROMCS INTERNATIONAL LTD MOUTON BY 56511 vS 170003.21-02 QUIKSKVER WC EXEC/110u BY CPCO VS 700 02.11.02 COMMISSION 49.00 SEC FEE .28 SAGMINA-S0 CORP DICUTION BY 585/I VS 1700 03.21-02 SYMBOL TECHNOLOGIES INC MOTION BY GIQ.IC VS 2500 07-21-02 COMMISSION 175.00 TIBCO SOFTWARE INC MOUTON BY Win VS 1300 03-21-02 03/26/02 03/21/02 BOUGHT 03/26/02 03/21/02 MID Ø 3.700 16.74510 62.230.87 -1.600 16.63850 26.494.20 03/26/02 03/21102 BOUGHT FLEX 1.700 16.89600 28.738.20 03126/02 03/21/02 SOLD ZOK 400 24.41590 17,026.87 03/26/02 03/21/02 BOUGHT SAHLI 1.700 11.42000 19.429.00 03/26/02 03/21/02 BOUGHT 581. 2.500 11.81870 29.238.75 26/02 03/21/02 BOUGHT 118E 1.300 11.86003 15.433.00 on CORIIM2=30 om EFTA01322502

1,8 I 9Z: ZOO- Vida 0 0 z m C in z J r _ Z617ESE00 INS ANGS BEAR STERNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams B Co. Inc. 383 Madison Avenue New York, New York 10179 (212)272.2000 23 Transaction Detail (continued) INVESTMENT ACTIVITY (DmUnued) Treourao ITS 1O.Ou.v cvma: suasmor• Sur Sewall Swats Cs,. ON Orlezetoth C.— hbik lox*" — York I 12O141151 (21212124CW INS11TUTIONAL INTERESTS STAlTherer memo Fet.1.0fy 23.2002 TNROuCur Aural 213.2002 aeon Nelmen 102.05112 055 MOWER NUNOVI 314412006 LAST STATnieNT February 22. 2032 SITRIMINT WSW WEI DATE TRAMSACDON OESCRP13.4 SYMMUCLISP CALWIITT Pia OLIO MAW CRICAT &Boum 03/26/02 03121/02 SOLD TAL13015 INC TI.B -000 35.71830 32.076.98 EXECUTION BY BUCK VS 300 12-05-01, 600 1244-01 CONIAt5SION 54.00 SEC FEE .49 03127472 03/22/02 SOLD AMERICAN EAGLE OUTFITTERS INC NEW DECUI1ON BY AN40 VS 1400 02-04432. 1000 02-15-0 2. 200 02-03-02 SEC FEE 1.04 STAGE STORES INC SIGS 1.000 27.39260 27,437.60 NEW TJCE cvnon BY INET VS 1030 03-22-02 COMMISSCN 30.00 TAIBOTS INC EXECUHON BY BUCK VS 50012-04-01 CONMISSIDN 30.00 SEC FEE .27 TIMBERLAND COLA EXECUTION BY BUCK VS 0:0 03-22-02 COMMISSION 48.00 AMERICAN EAGLE OIfi1TIERS INC NEW EXECUTION BY PHO VS 1100 02-09-02. BOO 02-07-02 . 2000 1208-01. 600 12-14-01 SEC FIE 1.75 CONIINEWAL AIRLINES INC-CL DEMME( BY STISH VS 2300 0345432 COMMISSION 181.00 AEOS -2.600 26.52620 68.95208 03/27/02 03/22/02 BOUGHT 00/27/02 03.22102 SOLD TL8 -600 35.92020 17.914.83 03)27/02 03/22/02 BOUGHT 181. 800 39.02620 31.283.96 03/28/02 03/25/02 SOW 03/28/02 03/25/02 BOUGHT AEOS EAL -4.500 25.83890 116.258.30 2.302 26.71920 61.610.16 027 0101/0211.X0 031 1515 EFTA01322503

58 I 9ZZOO- V1d3 BEAR STMRNS CEFICE SERVICING 10A3 ACCOUNT Bear. Steams & Co. Inc. 383 /Mason Avenue New Yoh. New York 10179 (212) 272-2000 24 els • Transaction Detail (continued) INVESTMENT ACTIVITY (cornmee) mane nOlOuem 0* %MOLLY OV0020 VAISOSAV Ise Ann Seattle, Cm Ow Votowch Cola WM Moog" Ws York 11201411SO 1212)272-1000 INSTITIMONAL PITF_RESTS STAMM/O saw fettuary 23.2002 Tiolcuom MANS VS 2002 ACC ET MC 102-05152055 TAASAWN 'a 314412006 LAST STATEMENT Canary 22.21102 SEMMES! TUX DUE DATE TRAA6A2104 D(SCIES11022 SMAIOL/CLISP OLIAMMY neCt OUST MEOW CMOS AVOUN1 03/28/02 0325:02 SOLD N0NIHWES1 AIRLINES CORP NWAC -2.500 18.24100 45.586.81 EXECIRON BY MAC VS 2500 01438.02 SEC TEE .69 0 03/28/02 03/25/02 BOUGHT SANMINA-SCI CORP EXECUTION BY FBCO SANTA 1.700 11.90200 20248.40 VS 1700 034542 -n 03/28/02 03/25/02 SOLD TALBOTS INC EXECUTON BY BUCK VS 1200 1244.01. 800 12-19-01 US .2.800 35.05930 97.981.56 . 11-05-01 C rn 03/28/02 03/25/02 SOLD MIAIAIMION 168.00 SEC FEE 1.48 TENET HEALTHCARE CORP EXECUTION BY MOKE -2,100 65.25760 116.876.90 VS 2100 12-29-90 COMMISSION 147.00 SEC FEE 2.06 TOTAL 59,888.322.GS 54,117,158.62 r MONEY FUND ACTIVITY DATE _ £617ESECIO INS ANGS 1.00a temmAcnoN CESOSTIMI SMASOUOSSI mint NICE DEM AMMO (JEER MOM 02/23/02 OPENINGBALANCE 2.617.482.71 02/25/02 BOUGHT gainfeERWMArauo GEC( 500.000 1.0000 500.000.00 022802 BOUGHT )1245.41FtskASU Fge mramico. GIDfl 80.003 1.0000 60000.00 03/01/02 SOW VIALWEialffauo 61DIN .150.000 1.0000 150,000.00 03/07/02 SOLO WAE869121.060 MIX -200,000 1.0000 200.000.00 027 0321/02212030 001 VMS EFTA01322504

98 I 91700-V.L.43 O -zn O m Z r _ _ V6VESE00 IN9 ANGS OFFICE SERVCING YOUR ACCOUNT CLEARED THROuOi was °MEO MM MI BB\R Bear. Stearns 6 Co. kc. 383 MadISOW MOO Bear Seen SmsZn Co 0.e Mm:ea Um „ó" WeiOn. IHC Ol 11201.3859 STEARNS New York New Yak 10179 (212) 272.2CCO C2121 272.1003 INSTITUTIONAL INTERESTS 25 en s-ram.am PEF000 FLOM, 23.20D2 MOIM Mea 18.2002 Transaction Detail (continued) LO:Cuo LI,LOR 10246162 055 TAXPAYER MAREA 314412006 MONEY FUND ACTIVITY (continge0 tar syArreter Facety 22.2002 MOAT MOLOM CESOOP110N SoMOLCUSIP Gummy MCF 001T MOM CALM MOUNT 03/07/02 SOLD 1111MWIRIMIneo GTE= .201000 1.0000 200.000.00 03/11/02 BOUGHT DTHnur ERARD5W814C wouo &OM 100.000 1.0000 100.000.00 03/19.02 BOUGHT MegfleskralifflAlivo GTOU 300.000 1.0000 300.000.00 03/21/02 BOUGHT 0..TReebras.F.utonuo UDU 100.000 1.0300 100.000.00 03/21/02 DMDEND MatsatradaiWbuo G1DU 2.243.14 MONTHLY DMOD40 03/21/02 DMDEND gatebR RIEM INP8FKUO MDXC 691.14 MONTHLY ONIOEND 03/21/02 REINVEST WEIES TIR SFYRWAragin OD CMXX 2.243.14 2.243.14 MONTHLY DNIOM REINVESTED 03/21102 REINVEST gligreesaliMPAtz GTD)0( 691.14 891.14 MONTHLY ONIDENO REINVESTED 03/28/02 BOUGHT WARFORMINffete GTD.10( 400.000 1.0000 400.000.00 03/28/02 CLOSINGBALANCE 3,630,396.99 TOTAL S-1.462.934.28 3552.934.28 DIVIDENDS Mrz MMMX MOLOM MMMX RATE IT) 0341/02 HCA INC HCA 15.000 0.0200 (FRM HEA4CALTHCARE COMPANY) REC 02/01/02 PAY 03/01102 CI R' AVELPIT CUDO maar 300.00 or/ 03/241081240 CO1 EFTA01322505

<U MW DaOven FTS wOLEv OWNED Suesouire L$I9ZZOO- V.L.43 BEAR STEARNS OFICE SERVICING YOUR ACCOUNT Boar. Steams & Co. km. 383 Madison Avenue New York. New York 10179 (212) 272.2C00 26 ea Transaction Detail (continued) DIVIDENDS (continued) M. Suers Seariset Cap. 0 lievlen, Owls rum, DAEOV New at 20 3859 ITL 2T2.1.:00 INSMTUT1ONAL INTERESTS STAM/0.7 .r epo Fame, 23.2002 THROuG. Mirth 28.2002 ALOOLHT 4LANER 102.06152 055 TAXOAVER wawa 31.6412036 LAST STATEMENT Feerutry 22.2002 DATE DESCRIPTION STVIICVCIAP OtaVITY RATE CS) DOW MOUNT CREW RADOM 03/08/02 HONEYWELL INTL INC HON 4.850 0.1875 909.38 REG 022002 PAY 03/08/02 03/11)02 LIZ CLAIBORNE INC uz 7.400 0.0582 416.25 0 REC 02/1902 PAY 0361102 03/11)02 NORFOLK SOUTHERN CORP NSC 14.100 0.0600 846.00 REC 02)01)02 PAY 03/11402 -n 03/12/02 PPG INDUSTRIES INC REG 02/19/02 PAY 03/12/02 03/14/02 OMNICARE INC PPG OCR 1.500 8,100 0.4200 0.0225 630.00 182.25 REC 02/28/02 PAY 036002 C rn 03/25/02 TAU3OTS INC REC 03111/02 PAY c3rzEnz its 8,700 0.0600 598.00 TOTAL 53,979.88 INTEREST DATE DESCRIPTION SYNBOL/CVSP QUANTITY WI II0 am MART ERECT ANCIUNT r 03121/02 INT CR 102-05152 MAR 02 931.41 TOTAL 5931.41 _ S617ESE00 IN9 ANGS Trades Executed Pending Settlement SETTLENENT TRADE DATE DATE 04/01/02 03/26/02 501.1) AMERrAN EAGLE OUTFITTERS INC mos•crov DESCRIPTION SIIMIOLICUSIO AEOS -1.4C0.00 25.1290 35.165.07 ala.N1171 pita owl AMOUNT CRON MOM NEW OV 0129022230 COT VMS EFTA01322506

8819ZZOO- V1.43 0 m C in r _ 9617ESECIO IND ANUS BEAR STEARNS OFFICE SERVICAIG YOUR ACCCINT Bert. Stearns & Co. Inc. 383 Madison Avenue New Ycek, New Ycek 10179 (212) 272-2003 27 u 24 CLENtED ThFrOuDre RS Imo= Omer, Suesown Rear. Skim Serbs Corp. One lecaaarrh Cris Nom Seam. Nen Yak 112013189 C2121272.1000 INSTTEUTIONAL INTERESTS STATEMENT PERIOD February 23.2002 THFO.011 March 28.2002 Trades Executed Pending Settlement (continued) STIM041 TRADE DATE maw/ oncitetow TVIADX0J5IP OLLANTITT 9kICl M=CteNT VLIWER TAXONITR WASSER LAST STATENIVIT 0011, MOW 102-06162 055 31.6412006 rower/ 22.2°02 CREW AVOW 04/01/02 03/26/02 BOUGHT BURLINGTON NORTHERN SANTA FE BNI 1.700.00 29.9888 51,114.96 COPP 04101/02 03/26102 BOUGHT BOISE CASCADE CORP 8CC 1,100.00 35.4000 39,032.00 WITH RIGHTS TO PURCHASE COMMON 04/01/02 03/26102 SOLD CHILDRENS MACE RETAIL STORES PLCE -1600.00 31.7800 114.391 28 INC 04/01/02 03/26/02 BOUGHT CSX CORP CSX 1,000.00 37.1955 37,280.50 WITH RIGHTS 10 PURCHASE PREFRD 04/01/02 03/26/02 BOUGHT CONTINENTAL AIRUNES INC-CL CAL 1,300.00 27.2705 35,544.85 04/01/02 03/26/02 BOUGHT ELECTRONICS INTERNATIONAL REA 1,400.00 17.7700 24,893.00 LTO 04/01102 03/26/02 SOLD MASCO CORP MA9 µ -1.000.00 27.2100 27,124.59 WTTH RIGHTS TO PURCHASE PREFRO 04/01/02 03/26/02 SOLD NOVA CHEMICALS CORP NCX -2.200.00 23.7204 52,015.09 0401/02 03/26/02 BOUGHT SANIAINA-SCI CORP SANM 1.400.03 11.9700 16,773.00 04/02(02 03/27/02 SOW ADELPHIA COMMUNICATIONS CORP ADM .3.500.00 18.5000 64.734.02 CL A 04/0202 03/27/02 SOW EASTMAN CHEMEAL CO EMN -1.100.00 48.9641 53,767.70 0463202 03/27/02 SOW MASCO CORP MAS -1,ocaoo 27.2290 27.143.59 WITH RIGHTS TO PURCHASE PREFRO 0402/02 03/27/02 SOW TEXTRON INC TXT .1.400.00 50.3160 70.328.34 WITH RIGHTS TO PURCHASE PREFRO 04/03/02 03/2802 BOUGHT CELESTICA INC as 3.000.00 36.5640 109,917.00 SUBORD VTG NIS 04/03/02 03/28/02 BOUGHT CISCO SYSTEMS INC CSCO 13.600.00 16.9674 230,771.64 04/03/02 03/2802 BOUGHT CONTINENTAL AIRUNES NC-CL 8 CAL 1,200.00 28.3301 34,095.12 0403/02 03/28/02 SOLD EASTMAN CHEMICAL CO EMN -1.100.00 48.7825 53.587.94 027 012002:2210 001 VS35 EFTA01322507

WARGO TPROUCa at %MO(LY Cope) SAMMY 68 I 9ZZOO- V.L43 0 -n z C rn z -H r _ L6PESE00 IN9 ANGS B&\R STEARNS orncE SERVICING YOUR ACCOUNT Bear. Steams b Co. kit. 383 Madison Avenue Now York. Now York 10179 (212) 272.2000 28 o n Trades Executed Pending Settlement (continued) Dad Stem Sparlaos Cap. Ott wcitanh Caw Meth W.S ad. NWV Von 11201.1858 12121212.1000 INSTMMONAL INTERESTS 57.5nadaT rano Fribevery 23.2002 1149OUGH man 28. 2002 *acorn wawa 102-06162 055 TAWAVER NIMIER 31.8412006 LAST summon /ORM 22.2002 008250,0 DAZE tt of DATE TWGACTOI DES01001004 STTAKar04. Ouuerrry pxKf DOW &MOM MOO WOW 04/03102 03/28/02 BOUGHT FLEXTROMCS INTERNATIONAL nEX to:o.co 18.5344 18.549.40 LTD 04/03/02 03128/02 BOUGHT TREUINT SEMICONDUC'':' TONT 1.503.00 12.1880 18.297.00 TOTAL 5616.268.27 5498,237.62 The Mw__ do ra NOW 1. any MON - of as elliNe." End of Statement on21402:2250 001 v555 EFTA01322508

0 z ii C in z r 86PESEOCIN9- ANGS BEAR STEARNS OFFICE SERVCING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 MadiScm Avenue New Volt, New York 10178 (212) 272-2000 What's In This Statement Financial Summary 3 Your Portfolio Holdings 4 Transaction Detail 8 Fund Activity 20 Trades Not Yet Settled 22 Your Portfolio at a Glance TOTAL VAUJE Of SECURITIES THIS PERIOD NET CREDIT 8AtAtaCE MONEY MARKET FUND BALANCE 13.730.723 707,762 2,617,462 NET (RIMY THIS PERIOD $17.055.947 NET MUM UST STATEMENT CHANGE SINCE LAST STATEMENT 18.159.806 -1,103.859 There we no 'Stop Loss' orders a other pending buy or sell open ciders on file for your account. II.. II.,Eltrlrll II INSTITUTIONAL INTERESTS 00 FINANCIAL TRUST COMPANY ATTN JEANNE BRENNAN 6100 RED HOOK QUARTER SUITE 8-3 ST THOMAS VI 00802 Market Value of Your Portfolio culls Equksw."—Elir 53.325224 52.829.731 Ewa. illaillillin i730.723 515330.068 Mi Conant market value NO last statements market value EARAREO TRIKAAJA ITS 'noisy OWNED SAILSOARY Ma. Sion Spwrsts Cot, DT VensIna Comer WM Brepetr, Maw at 20 31$9 C1111 111.1000 INSTITUTIONAL INTERESTS STATERthrt Pero% January 26. 2002 A-040am Fotruary 22. 2002 ACCCtart RAMER 102-05152 065 TAXPAYER KAMER 3144120% LAST STATTWCYT Memory 25. 2002 7rIs sunny,/ a /p. nteraplit0EIXOn OW, II b Aw Wean ne nYnannt IM sonnet 4mm ttr retanto st yar moms Sat none tits lot trpante mermen 017 02/2102:11 11 COI V51T 8 EFTA01322509

0.EARED DIROuGH ITS viVOLLY OVAlta WaSIXAMY teat ken koalas Corp. Or idencetri Cages Pan tree0,7 w. rat 11201.1•39 212)2)x1000 INSTITUTIONAL INTERESTS 2 I 6 I 9Z ZOO- V.L43 0 -n in z -H r 66b£S£00 IN 9 ANDS STATEMENT BACKER IS PRINTED ON THIS PAGE 021 02'23021'' 32 001 VS27 EFTA01322510

rn 8 IJ V.2 1.0 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beat. Steams & Co. Inc. 383 Madison Avenue New York, New Yore 10179 (212) 272-2000 San Cash Flow Analysis 0931180 Cash Balance Summary OnneM C:UaSING Opening Balance Securities SOW S1,114,248.23 2,590,579.61 Cash Mega 1,112,885.98 1.362.25 705,457.53 2.304,23 0 0 Money Fund DMdenSsenterest Amount Credited 351.97329 3,121.96 52.945.674.88 Net Cash Balance 51,114,248.23 $707,761.76 m Securities Bought Money Fund -2,100.072.01 -1.251.973,29 Income Summary 14.5117000 Mt 10 O.47C C in M6Celllic1tOUS Amount Debited -118.03 S-3.352 161.33 (Ryden& Credit Balance Mt. Total 4.153.27 841.98 $5,095.25 8.054.22 2.304.23 $10 ,358.45 Net Cash Activity -406.486.47 Foreign Tax Withheld -81.03 -81.03 ClosingBalance S707 761.76 r Portfolio Composition C2ISNC8Sh Etitivelerc 3,325.224 Equities 13.730,723 Total 517,055,947 00SESEOCIN9- ANGS 02,2102.!, SI ct, CLEOteD nearer vmetkr Moto SUI8aCtafre taw. Sun Stoats CO.9. Mnrotecn Center kalt Emu" Nes York 11201.3859 0123 272.l INSTITUTIONAL INTERESTS anteueLt new Nosy 26.2002 nirto.AN rebury 22.2002 ACCOukir roas. We-05152 066 TAN3mYrrt wan. 31-6412006 LAST STAMAINT Unwary 25. 2002 Your Portfolio Allocation Cash & Eves 20% aorlors cfrotle OS Seen Wdbe rneatt .•,•tf. T. Otag. pato:Is% .MnO tun the alavate TOW NS., Of AV WON. EFTA01322511

£6 I 9Z ZOO-V1.43 0 -n in r 105£5£00 IN 9 »JOS BEAR STEARNS CITCE SERVICING YOUR ACCOUNT Bear. Steams d Co. etc. 363 Maclean Avenue New York. New York 10179 (212)272.2000 4 el 73 Your Portfolio Holdings STATittna Pf7b0D mitcyCf. Afte3 WInitil January 26.7072 febetary 22.2002 102.05152 055 CASH & CASH EQUIVALENTS 73337~ 31.6412006 usr srarcuur *ray 25.2002 ~ET CSTRUEIR OAOQM 011C00110.1 IREIOCAELCP RUMMY MICE ROWE PSIS MOVE YODlY4 CASH BALANCE 707.762 THE TREASURERS FUNDING MCC 2.614.149.48 1.0000 2.614.149 39.212 1.5= COsAEST1C Pala MM FCMPF011O THE TREASURERS FUNDINC MICE 3.313.23 1.0000 3.313 50 1.5092 DOMESTIC PRIX MM PORTFOLE TOTAL CASH & CASH EQUIVALENTS 53.325.224 $39.262 EQUITIES Equities & Options ger MCKEE WHAM) OLRDN COCRIPTCP1 SCAROUCUIP WPC sown PRCl WIC MINUAL ~YE Ma po ABERCROMBIE I FITCH CO-Cl. A ANF CASH 3.200 25.2900 80.928 ACTV INC NN CASH 22.300 1.4600 32.558 AMERICAN EAGLE OUTFITTERS INC AEOS CASH 17.700 24.9= 440.730 NEW Anna< GROUP ADRX CASH 3.900 34.9590 116.340 NEW ADELPHIA COMMUNICATIONS CORP ADIAC CASH 23.154 21.3000 493.180 CL A AVNET INC AVT CASH 4.500 25.8600 116,370 1.350 1.1601 BEA SYSTEMSINC BEAS CASH 13,100 14.8600 194466 BEVERLY ENTERPRISES INC NEW BEV CASH 44.800 6.3200 283,136 CHILDRENS PLACE PETAL STORES PLCE CASH 5.600 32.3800 181.328 INC CENDANT CORP CD CASH 11.450 15.6800 179.536 CLEM» TnItOui37. NIKKI.' ~OD SiCSORFEE Rm. Cans km:~ CRC On ~rood, On_ /43fin aUler. Nee/ Yen/112014LUI 12I21272.10co INSTITUTIONAL INTERESTS 021 02/2310Z1122 001 Yin EFTA01322512

176 I 9ZZOO- V1.43 C) 0 TZ F I C in r ZOS£S£00 INS ANDS BUR STMRNS OFFICE SERSICING YOUR ACCOUNT Bear. Stearns E Co. Inc. 383 Madison Arena New Yak. New York 10179 (212) 272-2000 5> n Your Portfolio Holdings (continued) EquIth4 & Options (continued) COMPTON SAISOLCUSO ACCI WPC COMM MC( MAW WWI ISTMOt0 NNW WOWS CUP rill0 WO 03STCO WHOLESALE CORP-NEW COST CASH 2.800 45.2300 126.644 CITIZENS CCOMAUMCATIONS CO CZN CASH 32.800 9.2800 304,384 CAPSTONE TURBINE CORP CPST CASH 14.600 2.8500 41.610 CAKES INC CAND MRGN 346 2.3000 796 CONTINENTAL MRUNES INC-CL 8 CAL CASH 5.850 30.9000 180.765 C4.0 STRATE( NETWORKS NC STXN CASH 13.450 5.3700 72.227 EDISON INTERNATIONAL FIX CASH 10.550 15.5800 164,369 EASTMAN CHEMICAL CO (MN CASH 2.200 40.5000 89,100 3.872 4.3457 DAIS COMMUNICATIONS CORP-CL A EMMS CASH 14.950 24.5600 367.172 DIZON INC ENZN CASH 5.350 43.9900 235.347 FOOTSTAR INC FTS CASH 1900 26.3300 102.687 FOX ENTERTAINMENT GROUP INC FOX CASH 11,400 20.6500 235.410 Ct. A FMC CORP NEW FMC CASH 900 36.1500 32.535 FOOT LOCKER INC CASH 21.050 16.2500 342.063 FEDERATED DEPARTMENT STORES FO CASH 4.400 38.3400 168.784 14C-DEL IONA TECHNOLOGIES PLC IONA CASH 5.700 15.9900 91.143 SPONSORED ACR HONEYWELL N11. INC HON CASH 4.850 35.0900 170.187 3.638 2.1376 INTERSIL CORPORATION CI. A ISE CASH 1.700 28.1300 47,821 (FRM INTERSIL HLG CORP CL-A) I-MANY INC IMNY CASH 39,150 5.9900 234.509 HCA NC HCA CASH 15.00:3 43.6500 654,750 1.200 0.1833 WPM HCA-HFALTHCARE 031APANY) =ARCO THROUGH MI vmoLLY 06•40 to.)0wArr Me Sun Seabee Cap. Oro loordech Colo *oh Evaaln. Nw Tpn 11201.2µp 12121272.1000 INSTITUTIONAL INTERESTS STATVaT Peraeo January 2& 2002 Tntaxm Fetwry 22.2002 ACCOart MA €R 102-05152 055 TAXPANDI Patel 31.6412005 MST 57Arrgerr Jiang 25.2002 WT 02)2102:1162 Opt 1.427 EFTA01322513

56 I 9ZZOO- V1.43 0 TZ E I m r £OS£S£00 INS ANDS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 Madison Avenue New Yak. New York 10179 (212) 272-2003 6 «23 Cams-0 1300-0,94 OS YA4V-LY CRAIG SSW," Sew SU" Seamen Cap. One lAnytern Cofer Ranh EIPPleen Pit*/ 299 11201.3859 RIO 272.1202 INSTITUTIONAL INTERESTS STATEGEKT 9-0930 iarvary 26.2002 Your Portfolio Holdings (continued) Equities & Options (continued) ACM OtSCRIPT239 ~must ren CRIANOIY PRKE 1~7 vAwE Eilatkit0 282.04 WOW THROUGH FetN9ry 22. 2002 Arentiv! /2.9288ii 102-05152 OSS TAXPAYER ,99.22eR 31-6412006 LAST CAM/EMT keutry 25. 2002 CURRENT 21110 INC GLOBAL INC IGL CASH 17.200 13.0300 224.116 1.376 0.6140 KOHLS CORP 1(55 CASH 3,200 65.8300 210.656 LIBERTY MEDIA CORP CASH 37.800 12.2000 461,160 SLR A NEW LIZ CLAIBCRNE INC uz CASH 7.400 28.8900 213.786 1.665 0.7788 MILLENNIUM CHEMICALS INC ACH CASH 7.900 12.2800 97.012 4.266 4.3974 MASCO CCRP MAS CASH 12.900 26.3300 339.657 6.986 2.0509 NOVA CHEMICALS CORP NO( CASH 8.600 20.4100 175,526 1.353 0.7708 NORTHWEST A1RUNES CORP NWAC CASH 5.000 15.3000 76,500 NOPSOU( SOUTHERN CORP NSC CASH 11.600 22.0200 255.432 2.784 1.0899 PEREGRINE SYSTEMS INC PRGN CASH 9.100 6.5800 59.878 PC4.0 RALPH LAUREN CORP.CL A RL CASH 8.907 27.7000 246.724 OMNICARE INC OCR CASH 8,100 22.1503 179.415 729 0.4063 PACIFIC SUNWEAR OF CAUFORMA PSUN CASH 3.950 21.4400 84.688 INC PPG INDUSTRIES INC PPG CASH 1.500 50.4000 75.600 2520 3.3333 ~CUR INC PK CASH 2.000 57.5500 115.100 1.520 1.3206 CWIKSILVER INC ZQK CASH 14,003 18.7400 262.360 REMEC INC REMC CASH 14.750 B.0400 118.590 ROYAL CARIBBEAN CRUISES LTD RO. CASH 23.150 16.8000 388.920 12.038 3.0952 SOU.MA INC SOI CASH 8.800 5.8000 51,040 352 0.8897 SICOR INC SCRI CASH 6.200 15.9000 98.580 SKECHERS USA INC SKX CASH 9.000 13.6000 122.400 CL A 027 02/2YOMI 92 CM y527 EFTA01322514

96 I 9Z: ZOO-V.L43 O t l m r tOS £SE00 INS ANDS BEAR STBNRNS CifiCE SERVICING YOUR ACCOUNT Beat. steams B Co. Inc. 383 MeNon Avenue New York. New York 10179 (212) 272-2000 7 At To Your Portfolio Holdings (continued) Equities & Options (continued) ~snow SnalOUCUS1 ACV PDX WACT vuut [SWAM ANNUAL MOLE Accouwr vaa« 102-05152 055 TAXPAYER NaPER 31-0412006 LAST STATtann Unpin 25.2002 CURRENT MD Ma STAGE STORES INC STGS CASH 13.600 26.9500 366.520 NEW SINCUIR BROADCAST GROUP NC SEIGI CASH 27.600 11.3600 313.536 Cl A SOLECTRON CORP SLR CASH 30.750 8.8700 272.753 SYMBOL TECHNOLOGIES INC SEN. CASH 27.200 7.4000 201.280 544 0.2703 TYCO INTERNATIONAL LID TYC CASH 4.900 27.5000 134,750 245 0.1818 TAL8OTS INC TU3 CASH 11,400 36.5800 417.012 3.648 0.8748 TENET HEALTHCARE CORP CASH 7.350 61.7600 453.936 TEXTRON INC TXT CASH 1.400 46.4000 64,960 1,820 2.8017 TIMBERLAND CO-CIA TBL CASH 3.100 34.7600 107.756 TOMRY HILFIGER CORP-ORD TOM CASH 13.800 12.5000 172,500 TMCMINT SEMICONDUCTOR INC TOM CASH 8.500 9.3400 79.390 UNITED RETAIL GROUP INC URGI CASH 16.700 8.1200 135.604 UNIVERSAL HEALTH SERVICES INC VHS CASH 5.500 41.1300 226,215 CL 8 VITRIA TECHNOLOGY INC VTTR CASH 15.650 4.3700 68,391 COLT VITESSE SEMICONDUCTOR CORP VISS CASH 7.250 7.4200 53.795 VIACOM INC-CL B VIAB CASH 5.000 44.1500 220.750 VISHAY INTERTECHNOLOGY INC VSH CASH 7.500 17.5500 131,625 YORK INTERNATIONAL CORP NEW YRK CASH 7.250 31.8600 230.9B5 4.350 1.8832 YOUNG BROADCASTING INC-CIA DMA CASH 17.000 24.7500 420.750 Total Equities& Options $13,730,723 556.236 TOTAL EQUITIES S13.730.723 S56.236 =me° ~cue. in WHOLLY 010*-D SufaiOVAY Oar SWIM Sautes Cap. One - Cots Nee Waal" air ot 20 3659 1218 272.1000 INSTITUTIONAL INTERESTS STATIRANT PERO° lamory 26.2002 TROUGH Fetruaty 22. 2002 027 0673.07.1,,32 (Ka V527 EFTA01322515

L619ZZOO-V.Ld3 0 -n in r SOS€SE00 INS ANDS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 MadImo keflue New York. New York 10179 (212) 272-2000 8 on Your Portfolio Holdings (continued) YOUR TOTAL ESTIMATED ANNUAL INCOME 595.498 YOUR PRICED PORTFOLIOHOLDINGS 517.055.906 Transaction Detail INVESTMENT ACTIVITY PASEO NRACA ITS AAUP OACD SAMNA Oar. Zane Stunon Coss Montess Cerra. PA AAA) New Port 112014859 (212)2724020 INSTITUTIONAL INTERESTS STATEI/Es7 PACO Metal 26.2002 maOuGol felruary 22.2002 ALCOA, NNIPtIt 102.05152 065 Tonven women 31.6412006 tar Sur0.6.47 is-tety 25.2002 SENIAANT 0411 ntux CAL MANSACTA DISCRA011 SNACUCUSP OMAN RIX DM MOAT aux wow 01/28102 01/23/02 BOUGHT AMERICAN EAGLE OUTFITTERS DC AEOS 1.000 27.88503 27.880.00 NEN MORON BY ASSF VS 1000 01-23-02 °than othib2 '' 'Raw BEA SYSTEMS INC SEAS 1.700 19.87720 33,517.24 EXECUTION BY NET VS 1700 01-23-02 COMUSSION 51.00 01/2802 01/23102 BOUGHT IONA TECHNOLOGIES PLC IONA 2.700 22.03750 59.518.25 SPONSORED ADR MOUTON BY FBCO VS 2700 01.23-02 AS OF 01/23102 01/28/02 01/23/02 BOUGHT IMC GLOBAL DC IGL 3.200 12.38890 39.877.08 SEE NOTE S' OM BACK EXECUTION BY FBCO VS 3200 01-23-02 COMNISSION 224.00 021 02/23.0011:32 001 vs27 EFTA01322516

86 I 9Z ZOO-V.L33 0 -n in r _ 90S£S£00 IN9 ANGS BEAR STEARNS OFFICE SEFMCMG YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Mukm Avenue New 'Fmk New York 10179 (212) 272-2000 9 an Transaction Detail (continued) INVESTMENT ACTIVITY (cortInued) WERIMENT 15/41 OM DAR TWISEWEEM OtSCRPRON muumuu 01/26/02 01/23/02 BOUGHT SKECHERS USA INC SIC( CL A ECCUTIDN BY BUCK VS 1000 01.23-02 COI/M5SION 60.00 01,20n 01/23432 BOUGHT LATESSE SEMICONDUCTOR CORP EXECUTION BY GOWN VS 1700 01-23-02 CAPSTONE TURBINE CORP EXECUTION BY 58.511 VS 3600 01-24-02 EASTMAN CHWICAL CO EXECUTION BY FASCO VS 1700 01-24-02 COLIALSSION 119.00 IONA TECHNOLOGIES PLC SPONSORED ADR EXECUTION BY FBCO VS 1200 01-24-02 PEREGRINE SYSTEMS INC EXECUTION BY COWN VS 3600 01.24-02 PRAXAIR INC SEE NOTE t ON BACK EXECUTION BY MSCO VS 700 01-24-02 COMMISSION 49.0D ROSS STORES INC ExECUMN BY MONT VS 400 01-08-02 SEC FEE .21 SKECHERS USA INC CL A EXECUTION BY SUCK VS 1500 01.24.02 CCUAISSKIN 108.00 vYS5 OLLENITIY 1.000 15.93380 36,0013.80 ~Rip TRIWOH RS Riaktv WNW SLIER,ARY War. Want Smartt Cop. We 14E~ Gear Nora trwlEt. l(RE Ton 11201480 (2121 272.10:0 INSTITUTKINAL INTERESTS STAllEithrr ~We REAsEty 26.2002 nuourm Maury 22.2002 ADECERR NUIRIER 102-05152 OSS UMW* OMSIR 314412006 LAW trrAnteurt littaCI 25.2002 IOC( DEW near CREW MICUNI 1,700 11.60400 19.741.80 01/29/02 01/24432 BOUGHT CPST 3.800 4.90700 18.661.60 01/29/02 01/24/02 BOUGHT EMN .700 36.82840 65.798.88 01/29/02 01/24/02 BOUGHT 01/294)2 01/24/02 IONA 1.200 22.79460 27.368.52 ØN 3.600 8.74290 31.489.44 01/29/02 01/24/02 BOUGHT PK 700 53.02470 37.181.29 01/29/02 01/24/02 SOLD ROST -400 34.53870 13.799.47 0129622 01/24/02 BOUGHT Sla 1.800 15.88000 28.707.00 027 02.21WRII:$2 641 V127 EFTA01322517

CUOMO T7 06011 ms WHOLLY OAWED suwwww 6619ZZOO- V.L.43 0 ii C in r LOS£S£00 IND ANDS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Rearm & Co. Inc. 383 Madison Avenue New York. New York 10179 (212) 272.2000 10 an Transaction Detail (continued) INVESTMENT ACTIVITY (centime/9 law. Awns Swan Cow. OneMentwn Over Neal oWbw Men Yak 112014859 aim 2361000 NSTITUI1ONAL INTERESTS erAnneur near lanary 26.2002 THROuSH Fttnj4 22.2002 ACCONT KHMER 102-05152 065 towHyrft Hukeei 31-0112006 twr sicruror Jamey 25.2002 SEITLDJEHI TRNX Dm MOE TIONSCOOM OISCRPTON SMBOUCa! OUmOny MCI DEBT *MOW OWN /Mak, 01/2942 01124102 SOLD TOMMY HOUR CORP-ORD TOM -2.100 14.90840 31.165.17 EXECUTION BY BUCK VS 1600 11.13-01. 500 1046-01 COMASSION 126.00 SEC FEE .47 01/29/02 01/24/02 9OUGHT TRIQUINI SEMICONDUCTOR INC DICUTION BY SEISM VS 8500 0144-02 AOELPHIA COMMUNICATIONS CORP AMC -3.100 27.03600 93395.34 CL A DECUnON BY SNIP VS 3100 01-16-02 SEC FEE 1.26 GEORGIA PACIFIC CORP WITH RIGHTS TO PURCHASE PREFRO SIX UNDER CERTAIN CIRCUMSTANCE DEMON BY BUCK VS 500 01-08-02. 905 01-11-02 COMMISSIN 84.00 SEC FEE .48 TONT 8.500 10.96500 93.217.50 01/30/02 0125/02 SOW 01/30/02 01/25/02 SOW GP -1.400 22.50:03 31.400.52 01/31/02 01/28/02 SOW TOMMY HILFIGER COPP-0RD TOM -2.200 15.52510 34.007.70 EXECUTION SY MU VS 800 1046-01. 1400 10-05-01 COMPASS/3N 132.00 SEC FEE .52 02/01)02 0129/02 G AMERICAN EAGLE OUTFITTERS INC A€a 1.300 26.28566 31.185.50 NEW EXECUTION BY WHO VS 1300 01.29-02 02931/02 01/29/02 BOUGHT CHILDRENS PUCE RETAIL STORES PLCE 1.500 32.67000 49.02043 WC EXECUTMN BY WHO VS 1500 01.29-02 02/01/02 0129/02 BOUGHT FOOT LOCKER INC EXECUTMN BY BUCK VS 190001-29-02 COMPASSION 114.00 1.900 13.63600 26.037.40 021 02.224t1142 V52? EFTA01322518

C4001£0 THROUGH in •Aw3Li..f Once SueSiDulre BEAR STEARNS OFFICE SERVICa0 YOUR ACCOUNT Ca. Stuns & CO. Inc. 383 Maroon Men» New Yock New Yak 10179 (212) 272-2030 11 an Transaction Detail (continued) INVESTMENT ACTIVITY (continued) 1.(Tra war TRW( Dan OAT! TRMSACTICed 02/01/02 0112802 SOLD 0 02/01/02 01/29/02 SOLD E I in 02/01/02 01/29.02 SOLD 02/04102 01/30/02 BOUGHT 02/04/02 01/30102 BOUGHT r 02/04/02 01/3002 SOW 01/04/02 01/30102 SOLD 805£5£00- IN9- ANGS 013CRIPTICI. FEDERATED DEPARTMENT STORES 18C-CEl ØCØ BY Ka VS 700 12.10-01. 300 12.0641 C0ØØ 80.00 SEC FEE .62 PACIFIC SUMVFAR OF CALIFORNIA NC oct-cunow BY RSSF vS 503 01-07-02 SEC FEE .17 USA NETWORKS INC Muted BY JPIC vS 2900 11-0741. 100 11-13-01 SEC FEE 1.34 AMERICAN EAGLE OUTFITTERS INC NEW O922Ø B3 »IC VS 2030 01-3002 FOOT UkKER INC ozetrnoN 11V BUCK VS 1030 01-30-02 COmmISSEN 60.00 IMPERIAL CHEMICAL INOS PLC ADR NEW ExECuTION BY GSCO VS 1400 101141 COIALIISSEM 9800 SEC FEE .45 KORIS CORP DECUTION BY »CO VS 400 01.1002 COMISS1ON 28,00 SEC FEE .39 Bev. Swan Skutt Cora Ora ~MN Cris WM It<dirk »I« Vol 11201.2959 12121 272.1000 INSTITUTIONAL INTERESTS rAnwM aebOD Januar/ 26.2002 nfiouGH Fersuary 22.2002 ACC %um.« rua.Avni ~ER Lat rAirvern 102-05152 055 31-8412008 January 25.2002 SOMOUCUSP ~WTI MICE OEM AmOui« MIX ~at FD -1.000 40.00710 40.731.48 PSUN -SOO 22.50000 11.234.83 USAI -3.000 29.71400 89.125.68 AEOS 2.000 26.50250 53,020.00 2 1.000 14.85000 14.925.00 ICI -1.400 21.34980 29.778.41 KSS .400 63.83050 25.488.81 02/2102:11:32 CO1 VS27 EFTA01322519

0 -n z C in z r 60S£SEOCIN9- ANGS I8 b.) IJ N BEAR STEARNS OFFICE SERVICING YOUR ACCOUNF Bey. Steams & Co. Inc. 383 Madison Avenue New York. New Yak 10179 (M) 272-2000 12 an Transaction Detail (continued) INVESTMENT ACTIVITY (conUnued) 0.E.RED SMOOCH ITS ROCAS Mlm SLISIDEARY Rep Parrs Socuport Cep Ole Wraith On IMP PROP% Nta Yon 112014/59 cra 272.1000 INSTITUTIONAL INTERESTS STATIPLINT rearm Anuary 26.2002 rstach February 22.2002 ACCAXACT MASER 10245152 055 TAXIAtrOt MAW 314412006 LAST STATEMENT January 25.2002 sunaina MOE DATE DEL TIENCSACTON DESORPTION SVINDUCUSIP CLANTON PRICE OT IN MJWa mon AMOUNT 02/04/02 01/30/02 SOW OM GROUP INC OM -2.600 65.45460 169.982.40 SEE NOTE T ON BACK ECECUTION BY GOWN VS 2600 01-1742 CCMIAIESION 182.00 SEC FEE 2.56 02/04/02 01130/02 BOUGHT POLO RALPH LAUREN CORP-Cl. A SEE NOTES• ON BACK EXECUTION BY BUM VS 1900 01-30-02 comassioN 114.00 PACIFIC SUPAVEAR OF CALIFORNIA NC ExECuTiON BY RHCO VS 300 01-07-02. 700 01-02-02 SEC FEE .35 OUIXSILVER INC ExECUMN BY BUCK V5 2900 01-30-02 COmmeSSioN 171.00 TOMMY HILFIGER CORP-ORD EXECUWN BY MSCO VS 2900 01.30.02 COMMISSION 203.00 ANDRX GROUP NEW ECCUNON BY F803 VS 2000 01-31-02 EASTMAN CHEMICAL CO DECURON BY BUCK VS 500 01-3142 031AMISSON 30.00 EN2ON INC EN2N 1.300 53.6$t00 69025.50 DIMON BY COwN VS 1300 014142 RL 1.900 26.89000 51.220.00 02/0402 01/3002 SOLD PSUN -1.000 22.86000 22044.65 02/04102 01/30/02 BOUGHT 20X 2.900 18.02950 52.474.55 02/043)2 01/3002 BOUGHT TOM 2.900 12.25710 35,763.69 02105102 01131/02 BOUGHT ADRX 2.000 59.65330 119.321.60 02105/02 01/31/02 BOUGHT 02/05/02 01/31102 86uotrY EMN 500 40.1=0 20.09.5.00 061 02121/Dt11:12 POI VS2? EFTA01322520

rn 8 IJ IJ $'• IJ IJ m C rn r OTSESEOCIN9- ANGS BEAR STEARNS OFFICE SERVCING YOUR ACCOUNT Bear. Steams 6 Co. Inc. 383 Mason Avenue New York. Now York 10179 (212)272.2000 13 on Transaction Detail (continued) STATONNT PIRKO ThROLCsi awe 'MOSER Unary 2s 2002 EiTruay 22.2002 102.05152 055 Tiol$,AvER NULSIER 31.412006 INVESTMENT ACTIVITY (tenon mb LAST effmteva Arum/ 25. 2002 SMIDAtla mot DM1 DAII mtasAcnoe or-SCRIMS SYMBOLOap °wan PRICE OEM ADOLS/1 CREDIT Afi/OuNT 02/05n)2 01/31(02 BOUGHT POLO RALPH LAUREN CORP-CL A RL 2.300 27.29270 62.926.2 SEE NOTE 6' ON BACK EXECUTON BY BUCK VS 2300 01.71.07 COMMISSION 138.00 020102 01/31/02 BOUGHT PPG INDUSTRIES INC VPG .500 48.20470 72.412.05 EXECUTION BY BUCK vs 1500 01-31-02 COMMISSION 90.00 02/06/02 02/01/02 BOUGHT AMERICAN EAGLE ouvrrAits rid AEOS 2.000 25.89700 11.809.00 NEW EXECUTION BY RSSF VS 2000 0241432 02/06/02 02/01/02 BOUGHT ANDRX GROUP Med 700 58.42500 40,912.50 NEW EXECUTION BY MOO VS 700 0241.02 02/06/02 02/01/02 WED FEDERATED DEPARTMENT STORES FO -1.200 40.77130 48237.82 660EL EXECURON BY BUCK VS 1200 124641 COMIAISSON 7260 SEC FEE .74 02/06/02 02/01/02 SOLD SOLUTTA INC 501 .8250 9.06490 79277.18 EXECUTION BY LILCO VS 6950 01-02-02. MVO 01-09-0 2 CO/AMISSEN 531.00 SEC FEE 1.21 02/06/02 02/01/02 BOUGHT SITAR INC SCRI 4.500 15.77930 71021.85 EXECUTION BY SBSIT VS 4500 02-01-02 02/07/02 02/04532 BOUGHT AMERICAN EAGLE OUTILITVIS RIC MOS 6,900 24.81640 145,24288 NEW EXECUTION BY OHO VS 5900 02-04-02 AS OF 02/04/02 =ARM 114ROu04 ITS vaiOLLY awe IMISCWW Isar. Symms SeasOts Coro. Coe *Meat Caw Ikon Iltettr. PIM nelt 11201.3899 (VD 272.1000 INSTITUTIONAL INTERESTS 021 02/2100t11,32 cot EFTA01322521

4W120 Tre,Xe ITS mar( Mein Sull&COAT BffiR STMRNS OFFICE SERVONG YOUR Accouvr Beta. Steams & Co. Inc. 383 Madison Averwe New York New York 10179 (212) 272-2000 14 «23 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SMIENINT 1.000E DATE OCT TRAXSACTICN bvono2 02/04102 sow 0 02/07/02 02/04/02 SOLD F I in 02/07/02 0210002 BOUGHT 02/07/02 02/04/02 SOLD - 1 r 02108/02 02/05/02 SOLD 02/08/02 02/05/02 BOUGHT TISESE00- IND- ANGS 0(1011.TOR JONES APPAREL GROUP INC EXECUTION BY BUCK VS 1500 01-02-02 COlallS533N 90.00 SEC FEE .73 AS Of 02104/02 PACIFIC SUNLYEAR OF CAUFORNIA roc ExEcunont er RSSF VS 1800 014242 SEC FEE J111 AS Of 02/04/02 TALBOTS INC EXECUTON BY BUCK VS 1203 02.0442 005AMSSION 72,00 AS OF 02204202 USA NETYORKS INC EXECUDDN BY 5858 VS 2800 11.13-01 SEC FEE 1.21 AS OF 02/0402 AMERICAN STANDARD COMPAMES INC-DEL EXECUTON BY UBSW VS 2700 11-14-01. 1400 11-20-0 1 COMMISSION 287.03 SEC FEE 3.69 SKECHERS USA INC CL A DECIITION BY BUCK VS 700 02-05-02 COLIMISSI3N 42.00 BRA Sews Secuien Ca. ON Mtinten env 1~ ircpbn. New Von 112012859 alz, 2724207 INSTITUTIONAL INTERESTS STATEMENT PEmoa Jan2a) 28.20002 11410038 Fetnary 22.2002 ACCOart raw 102-05152 055 TAXPAYER »Jam 31-6412006 viT STATERENT January 25. 2002 semmu0.3543 OUVOin MCI otPn AVOtP0 C20:0 N•3011 /NY -1.500 32.41300 48.513. PSUN -1.800 22.34700 40.208.99 nil 1.200 35.27280 42,414.36 USAI .2.800 28.80200 80.629.39 ASD .4.100 59.99600 245.877.91 SICK 700 14.68500 10.336.50 027 want-rile 601 .1127 EFTA01322522

O z z r ZISESE00-019-ANGS BBM2 STMRNS OFFICE SERYCING YOUR ACCOUNT Beet. Sterun 8 Co. Irc. 383 MWnix, Avenue New Yak. New Yeek 10179 (212) 272-2000 15 a21 Transaction Detail (continued) INVESTMENT ACTIVITY Korenuee SC111DONT DAS" 02/11/02 02206/02 SOLD TRAM ØH fita4TION DESCRIPT13.: 62/11/02 02/06/02 SOLD FMC CORP NEW SEE NOTE TON BACK DECUTION BY BUCK 800 01-0342. 200 01-1742 COIWAISSION 60.00 SEC FEE .69 JDNES APPAREL GROUP INC JNY -1,300 31.62630 41.020.57 01011ION BY BUCK e 1100 01-02-02 CONMISSION 78.00 SEC FEE .62 NORFOLK SOUTHEFtN CORP EXECUEPEIN BY MLCO YS 1700 12-07-01, 800 12-18431 caltee-90N 175.00 SEC FEE .81 PRUA1R INC SEE NOTE 'S1 ON BACK DEWUMM BY SBSH VS 700 01.24-02. 700 01.16-02 COMMISSION 98.00 SEC FEE 1.19 ROIUA 8 HAAS CO EXECLMON BY MSCO VS 400 0144-02. 2150 01-0342 COMMICSSION 17350 SEC FEE 1.37 SKECHERS USA INC CL A EXECUMN BY BUCK 16 2700 02-06-02 COMMISSION 182.00 TALBOTS INC 71.8 1.300 34.11803 41,446.40 EXECUECN BY BUCK VS 1300 02-06-02 CCIAMISSIZIN 7830 SeiebOiCuSe FIAL ctrat20 11.00011 1112 ws3U:r 0,040 $0240WW Im. Slums 50,2124i Ca. Ge 14422:4(11 Ca Mrin iroa. Ne. tot 11201.3452 12121272.1000 INS1TEUTIONAL INTERESTS erenswer pump Januen 26. 2002 nwoLer. Fesen 22.2002 scceme NuusER 102.05152 055 TAxIkeR reeMER 314412006 LAST filAreart kruary 25.2002 oumenTy /fei DLII1 /MW 0121/17 AWO« -1.000 32.54970 32.474.21 02/11/02 02/06/02 SOLD NSC -8500 21.36780 53.228.89 02/11102 02/0602 SOLD PI( -1.400 56.25340 78.64037 02/11102 02/06102 SOLD ROH -2.550 35.70000 90.840.13 02/11J02 02/06/02 BOUGHT SqI 2.700 13.74980 37,301.46 02/11/02 02/06/02 BOUCHE 027 02/2302:11:32 CO1 VIP EFTA01322523

C) -n C rn r ETSESE00- 019- ANGS I8 IJ IJ BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New York. Now York 10179 (212) 272.2CO3 16 an Transaction Detail (continued) INVESTMENT ACTIVITY (continue° =ARGO T.g0µ1N ITS AACuT bine)) BUITUMAY Saw Suns Sprines Cap. 0As Motor Cats Minh OrtotqA Nee Ten 112014.0 121212721CW INSTITUnONAL INTERESTS STATTUENT PERM Tandy 26.2002 TAROUG4 Fel:puppy 22.2002 Ann ea RuweER 10245152 055 TAXPAYER NATAL* 31.6412006 µST STATtgETT brawl 25.2002 untwon TRADE GATE ItTE IRApaCted ctScaPc0N VAIKOCUSIP OUNIIITI INCE CENT own CRUM /Wm, 02/11/02 0206/02 SOLD MORON INC re 4300 43.89550 39.427.3≤ Yarn RIGHTS TO PURCHASE PREFRD SIX UNDER CERTAIN CRCUMSTANCE EXECuTION BY MLCO VS 11-15-01 COsAM6SION 63.00 SEC FEE .60 02112/02 02/07/02 BOUGHT AMERICAN EAGLE OUTFITTERS PC NEW EXECUTION BY .9110 VS 800 02-07.02 ANDRE GROUP NEW EXECUTION BY SUN VS 1200 02.47-02 ANNTAYLOR STORES CORP SEE NOTE *V ON BACK EXECUTION BY TWPT VS 1800 12-1741. so) 12-11-01 CONMSSION 189.00 SEC FEE 1.66 IONA TECHNOLOGIES PLC SPONSORED ADR EXECUTION BY /BCD VS 1930 02.0742 ACIFIC SUMVEAR OF CALIFORNIA NC EXECUTION BY MID3 VS 2000 0207432 ROSS STORES INC DECuTMN BY MONT VS 1020 01-08-02 SEC FEE .54 SICOR INC EXECUTION BY COVM VS 1700 02-07.02 AEOS 800 24.11000 19.303.00 02/12/02 02/07/02 BOUGHT ADM( 1,200 52.02670 62,447.04 02/12/02 02/07/02 SOLD ANN -2.700 40.83740 110.055.32 02/12/02 02/07/02 BOUGHT IONA 02/12/02 02/07/02 BOUGHT istuN 1.800 1634500 29.436.00 2.003 21.46203 42.939.00 02/12/02 02/07/02 SOW ROST -1.000 35.93570 35.820.16 02/12/02 02/07/02 BOUGHT SCM 1.700 14.08830 23,965.11 027 OT/TY0T1112 POI 1027 EFTA01322524

CLEARED TRRECCAI 08 TROLLY Orne DJESIYARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New York, New York 10179 (212) 272-2000 17 an Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SWIEWPIT Mat DAIL DM Irat5ACRON 02712/02 02/07/02 SOLD 0 m 02/13/02 02/08/02 BOUGHT 02/13/02 02/08/02 SOLD C in 02/13)02 02)08)02 SOLD r 02/73/02 02/08/02 SOLD 02/13/02 02/08/02 SOLO VISESEOCIN9- ANGS I8 IJ DISCRPION TIMBER/AND CO-CIA EXECUTION BY FCAP VS 800 01-0842. SOO 01-11-02. 1300 01.104/2 COMMISSION 182.00 SEC FIE 1.27 AMERICAN EAGLE OUTEMEItS INC NEW EXECUDON BY WHO VS 1300 02-08-02 FMC CORP NEW SEE NOTE T ON BACK CMCUDON BY DRAW VS SOO 01.17-02, 500 12.0601. 1000 11-13-01 COMMISSION 140.00 SEC FEE 1.00 HCNEYWELL INTL INC SEE NOTE T ON BACK EXECUTION BY BUCK VS 130001-03.02 COMMISSION 78.00 SEC Fa .64 PRAIAIR INC SEE NOTE 5* ON BACK EXECUTION BY mow VS 1000 01.16-02 cowassioN 70.00 mc FEE .84 MORON INC WITH RIGHTS TO PURCHASE PREFRO SIX UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MIN/ VS 1000 11-15-01 COMIASSION 70.00 SEC FEE .66 Bea. 9:ann Swan CoD. Dv toted. Cast Nom &mein. hew on 20 4859 8121 2700202 INSTITUTIONAL INTERESTS sumer PEFOCIO Janne 24 2002 TRR03.1 Fetturey 22.2002 ACOCUT/ WWIltig TARPARTR RUMP LAST S T A T E U E N T 10206152 055 314412006 . I M U M y 25.2002 SMAROLOASIP CAIONITIY MCA DUD AIVOIC CREDU AVOWS TEL -2.600 32.39850 84.037.83 MOS 1,300 24.24200 31.529.60 MAC -2.000 33.72980 66,103.60 HON -1.300 32.50000 42.166.36 PX -1.0:0 55.92500 55.839.16 1Xt -1,803 43.68140 43495.74 on consOltilla 001 viv EFTA01322525

En IJ IJ BEAR STMRNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Whom Avenue Now York. New York 10179 (212) 272.2000 18 an Transaction Detail (continued) -n INVESTMENT ACTIVITY (cominee) SEMEAPCNT TRADE WIE 0.0E tRAASACTION 02114/02 02/14/02 02/14/02 02/11102 02/11/02 02/11/02 SOLD BOUGHT BOUGHT rn 02/15/02 02/12/02 SOLD 07119.02 02/14/02 BOUGHT r 02/19102 02/11172 SOLD 02/19/02 02/73/02 SOLD SISESE00- 019- ANGS CCSCAIPACN PRAXAIR INC SEE NOTE '5 ON 8ACX Encunori BY NEED VS 300 01-16-02. 700 01-1802 COMIASSION 70.00 SEC FEE .87 QUIXSILVER INC EXECUTION BY MAUR VS 1600 02-11-02 COMPASSION 112.00 SKECNERS USA INC A EXECUTION BY BUCK VS 280002-11-02 COLOASSION 188.00 TIMBERLAND eO-CLA UNSOLICITED AS OF 02/12102 FOX ENTERTAINMENT GROUP INC CLA EXECUTION BY BUCK VS 2800 02-13-02 COMPASSION 168.00 NAWCA ENTERPRISES INC EXECUTION BY RSSF VS 2800 01-04-02. 2600 11.13-0 1 SEC FEE 1.11 PEREGRINE SYSTFJASINC DICUTION BY SUN VS 3300 11-07-01. 1300 1142.0 1. 1300 11-13-01, 1100 12.21-0 1 SEC FEE .79 AS OF 02/13/02 CAW= THAOuCa. ITS %iota o.wco SLAISOARY INA Sun Les Co. Oro Vacua Cater Main SW* New at 20 MO 12121 272.1CCO INSTITUTIONAL INTERESTS STAMEN? PER00 January 26.2002 niRCAAN Febtaly 22.2002 ACCOUNT we 102-05152 055 ?AMNIA Numbeit 31.6412006 LAST STATVAENT lanary 25. 2002 slkecucusw OUAMTrf PRICE MAXIM CRIOrl AMOUNT PX -1000 57.49240 57.40453 201E 1.600 18.42480 29,606.68 SKX 2400 14.35510 40,377.28 181. -1.600 31.68160 50.577.7 FOX 2.800 21.50000 60.383.00 NAUT 4,400 13.67880 73.849.41 PRGN -7,000 7.45550 5±.172.71 Oh C0/230t11:32 001 yen EFTA01322526

046RED 1,00./09 W14049 09881.0 SISI291tV 211 8 b.) 1,4 00 C) -n C in z r 9TSESE00-019-ANGS BEAR STEARNS OFFICE SERACING YOUR ACCOUNT Beat. Steams 8 Co. Inc. 383 Madison Avenue New York. New York 10179 (212) 2724000 19 of?, Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SET812200 'Oct Call DAM IRMISACTON DESCRK01 SYSIKOCUSP 02/19/02 02/13/02 SOLO TYCO INTERNATIONAL LTD IYC EXECUTTON BY 58SH VS 2550 04-18-01, 2450 10-03-0 1 COMMISSION 350.00 SEC FEE 2.21 AS OF 02/13/02 02119/02 02/13/02 BOUGHT Otowny -6.000 29.63840 147.824.77 Bear. Sturm 5•6941.8 pap Coe Malictectt cM kat 9r0:026 Na Yea 112014859 12121 2724080 INSITILITIONAL INTERESTS ST8174/991 Plists00 )180821 26.2002 TIROUGN Femme 22.2002 mower NUOMER 102435152 056 TAWAVER NumeER 3141412006 LAST S- A1rAINT Amery 25.2002 PRICE 91/0441 CRWO /WW1 TOMMY HILRGER CORP-ORD EXECUTION BY BUCK VS 300 02-13-02 COMMISSION 18.00 AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY WHO VS 1000 01.23.02, 1200 01-14-0 2. 1400 01-11-02. 800 01.30-02 SEC FEE 1,58 VIACOM NC-CL B EXECUntel BY BUCK VS 1200 12.18-01 coMIASSION 72.00 SEC FEE .80 TOM 300 12.61790 3,818.37 02/20432 02/14/02 SOLD 02/20/02 02/14/02 SOLD AEOS -4.200 25.03650 105.136.72 VIM 4,200 43.99050 52.700.90 02/20632 02/21/02 02/15/02 BOUGHT RECEIVED CANDIES INC CANO 346 AEOS AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF VS 1000 02-15-02 ADELPERA COMMUNICATIONS CORP CL A EXECUTION BY SBSH VS 5100 01-16-02 SEC FEE 1.47 SYMBOL TECHNOLOGIES INC LeSOUCITED AVG PRICE SHOwaDETAILS ON REA ACTUAL CONFIRM TO YOUR AGENT 1.000 24.52220 24.537.20 02/21/02 02/15/02 SOW AOLAC -5.100 19.15450 97322.48 02/21/02 02/15/02 BOUGHT SBL 1/.000 8.54000 -128,650.00 027 02/2.90t1142 001 EFTA01322527

0 -n C in r LISESEOCIN9- ANGS IJ IJ 40 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. km. 383 Madnon Avenue NOW Ted. Now York 10179 (212) 272-2000 20 air Transaction Detail (continued) INVESTMENT ACTIVITY (continued) suommo TMOF Oat Oah TRANSCO:el MSCMMIC•I 02122/02 02/19/02 SOLD MIMOUCI.6. ANN -1.300 40.80310 52.950.23 =ARCO THROWN ITS MCJ.V OWlieD LOBSOARy Me Siam Seaman We. Ora WeMO Ceres North &volt% tint an 20 3539 I212) 272-1000 INSTITUTIONAL INTERESTS rallitea P0000 January 26. 2002 'MAWS. February 22.2002 ACCOiort walla 102-0515205$ TAXPAYER MAMA 31-6/12006 LAST STATEveir January 25.2032 OVIMITY pact OW Aware C O 560 MAMMY ANNTAYLOR STORES CORP SEE NOTE '5 ON UCH EXECUTCN Bt BUCK VS 1300 12-11-01 COMMISSION 78.00 SEC FEE ao TOTAL 5-2 100 072.01 $2.590.579.61 MONEY FUND ACTIVITY art WANSACIXel OISCRIPTION SIMIOUCUSI. WHIM KIX 001111.0M DEM AMOUNT MISC. 01/26/02 OPENINGBAUINCE 1.715.489.42 01/28/02 SOLO DIE TREASURERS ELMO INC GTIM -150.000 1.0000 191000.00 DOSAESTIC PRIME IMA PORTFOLIO 02/01/02 SOLO latskiflattifflasuo MUM 400.000 1.0000 203.000.00 02106102 BOUGHT lotieWact.inffidn E F UO MOM 200,000 1.0000 200.000.00 02/08102 BOUGHT IMMIlbratrikuo GiDO 300.000 1.0000 300,000.00 02111/02 BOUGHT LIMA RDVILLYWouo 61bn 00.000 1.0000 .000.00 02/14/02 BOUGHT DO at GM/0t 250.000 1.0000 250000.00 02/15/02 BOUGHT VilariSAIESARRA to GTI03 150,000 1.0000 150.00000 02/21/02 DIVIDEND ISINOPIAMF000 dtbn 1.251.74 MONTHLY DIVCCND 02/21/02 OIVICEND D ARKSFUJI05g5m5e4M uo GTDU 721.55 MONTHLY DNICEND Oil 02/LII0t11:32 OM V121 EFTA01322528

rn 8 IJ IJ IJ z m cim z H r 8ISESE00- O19- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New York. NEW Yolk 10179 (212) 212-2000 21 r sTAPIDIAT PSDICO Amery 28.2002 MACAO. /WW1 22.2002 Transaction Detail (continued) ACcourr NUMMI 102-05162 045 TAAPAPA MAAKR 314412006 MONEY FUND ACTIVITY (continued) LAST STATIUSAIT .13ruary 25.2002 DAN wo0AY UUNSPODA OISCOADON SOAKUPOP OUANTITY PQCF NBC WPM CRUST MOULD 02/21/02 REINVEST 0.4WIN.151•811KUO GTIN0( 1,251.74 1.251.71 MONTHLY DIVIDEND REINVESTED 02/21/02 REINVEST lagfeeingrarbuo GTO/C4 721.55 721.55 MONTHLY EMEND REINVESTED 02/22/02 BOUGHT mi nnfoaymutics ix) BYbw1 250.000 1.6000 250.000.00 02122/02 CLCSINGBALANCE 2,617,462.71 =MOD TWKNON ITS MOLLY PAW° WIPOLARy loar. Swam Stone CAT 061609:40s Cte Not &AAA,. law York 11201.1869 C212I 222.1000 INSTITUTIONAL INTERESTS S-1.251.973.29 S351.973 29 DIVIDENDS OATS OPCMODON SWOP/CUSP ENMITY RATE CO DM POW Car WOW 020102 TYCO INTERNATIONAL LTD 1YC 11.300 0.0125 141.25 RIC 01102/02 PAY 02201/02 02/11/02 MASCO CORP MAS 11.100 0.1350 1,498.50 RIC Oln I102 PAY 02n1/02 02115702 NOVA C ',toms CORP NCX 8.600 0.0628 540.23 REC o' PAY 02/15/02 WH 81.03 5-81.03 52.179.98 INTEREST DATE OISCAPDPI 02/21/02 INT CR 102.05152 FEB 02 ° 41 98 TOTAL SYMBOUCUSIP 0J.Wmv WI 044 sten .1.1.1XPrt Cn0r1 &VOW EFTA01322529

CLEARED 270000, ITS 20.011.1. Owe, Sutton? rn IJ V.2 IJ C) 0 ii C rn r 6TS£SEOCIN9- ANGS BEAR SIMMS CCM SERVICING ‘130R ACCOUNT 8e44. Steams & Co. Inc. 383 Made/on Avenue New York. New York 10179 (212) 272.2000 22 of>, Transaction Detail (continued) MISCELLANEOUS WODAY TPRISACKIN 02/01/02 JOURNAL TOTAL 5.35.00 CreStArtrr 01102 CLR COG 102-05152-17 crag mourn 35.00 Cell Man Trades Executed Pending Settlement MT/11M art mot wrt IlWrISACIOR DESCRIION MIKLOS" weeny pure overt AS1OUNT aura mourn 02125/02 0220)02 BOUGHT TOWORI MERGER CORP-ORD TOM 1,900.00 11.5249 22,026.31 02/25/02 02720/02 SOLD TOM WTERNATIONAL CORP NEW YRK -3.600.00 32.0878 115,283.34 02/26102 02/21/02 SOLD BEA SYSTEMS INC SEAS -2.600.00 15.1590 39.319.80 02126/02 02/21102 BOUGHT KENNETH COLE PRODUCTIONS PlC KCP 4,200.00 18.8512 78.602.04 CL A 02/26/02 02121/02 SOLD INTERSIL CORPORATION CL A ISIL -1.700.00 27.7200 47.108.29 PM INTERS& HLG COPP CL-A) 02/26/02 02/21/02 SOLD SOLECTRON CORP SLR -8,600.00 9.1083 77.799.20 02/27/02 02/22/02 SOLD ANDRX GROUP ADRX -2.000.00 33.0671 66,058.20 NEW 02/27/02 02/22/02 SOLD CAPSTONE TURBINE CORP CPST -14,600.00 2.8807 41.750.59 02/27/02 02/22(02 SOW FMC CORP NEW FMC -900.00 36.0500 32,366.51 02/27/02 02/22/02 SOLD PRAMIR PlC PA -2.000.00 57.3432 114,529.87 02/27/02 02/22/02 SOLD SOWI1A INC 501 -8,800.00 7.5073 65,520.24 02/27M2 02/22/02 SOLD SOLECTRON CORP SLR -22,150.00 8.5726 188,538.24 Be✓. Sams Sscutin C✓" ORR VeOM✓h Cate Stan Meow, Me✓ ten 11201.SSS0 12121 271.1000 INSTITLMONAL INTERESTS STAMMT P2000 January 28.2002 itmou204 February 22.2002 ACCORArt MAMA 102.05152 055 TAX...LAIR 1/2111/IREA 31-S41200S LAST STATCAnr. January 25.2002 027 02.2322211:32 001 VS27 EFTA01322530

rn IS b.) lJ IJ IJ -n C in z -H r OZSESE00- 019- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Boar. Steams b Co. Inc. 383 Madison Avenue New Yetk, New York 10179 (212) 272-2CCO 23 u» Trades Executed Pending Settlement (continued) STRIESIDO IMO( CATE DAR TRASSACTiON DISCRP71014 02(27(02 02(22,02 SOLO V1TESSE SEMICONDUCTOR CORP VTSS -7.250.00 7.3833 53.513.12 TOTAL SYMOOLCVIJP r7 Paw, 77•10LX.4 Its yesSLLY OM *moan NLr Sewn Saran Cap Ow Meinach Caw Kat Ircollp. Nes Yea 112014859 E212I 272.1060 INSTITUTIONAL INTERESTS STAMP/Era PER= Unary 26.2002 THR07703. FORST 22.2002 AOSOAtiT WIAISER 102.05152 05.5 TAXPAYER NtAillER 31.64121706 LAST S^ArEvENT Moary 25.2002 047Ntrtt 2910t MSc WSW CREW AVOW, $100,628.35 5841.785.20 TM attpe Own 6, Mr *Meg tr. Wrf tea tf itAls-iwt STOP End o' Statement 027 02,23.02.11 )2 COT X327 EFTA01322531

CLCAR10 THAPJOH ITS WHOLLY Ows133 SureaCOLAY -n C rn r USESEOCIN9- ANGS BEAR STEARNS OFFICE SERVICIVG YOUR ACCOUNT Bew, Stearn 6 Co. Inc. 383 Madison Avenue New York. New Yak 10179 (212) 272-2000 See. ReWn5 544urbis Cap Coe aktrxech Was aln Dan t" me* York 11201.3859 01212724040 INSTITUTIONAL INTERESTS STATEMENT Plan0 THROUGH lanutry 1.2002 January 25. 2002 What's In This Statement Illllll...l,.l.11 III ACCC.A1 ninErt Tanana wiLHER 102.05152 055 314412005 Financial Summary 3 INSTITUTIONAL INTERESTS LAST STATEmenir Oeceenta 31.2001 Your Portfolio Holdings 4 C.10 FINANCIAL TRUST COMPANY Transaction Detail 8 ATTN JEANNE BRENNAN 6100 RED HOOK QUARTER Fund Activity 25 SUITE 8-3 Trades Not Yet Settled 28 ST THOMAS VI 00802 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE OF SECURMES MIS PERIOD 15,330,068 cesil a Ealmenr .738 rS a 94,076,376 NET CREDIT IMONCE 1,114,248 Ecutes $15.330.068 MONEY IMRKET FUND BAUNCE 1,715.490 314.300458 hlr toililY This PINIas 61 8,1 69.806 M i Caner( mama, vale ME Lem atm/marts marks: vale NET EQUITY LAST STAIDAENT 18.376.734 CHANGE SINCE LAST STATEMENT .216.928 There are no 'Stop Loss' orders or other pending buy or sell open orders on file for your account. ,a( "Ns sun; rryn c fcrot ,....4.1.;;;;Len .n crty it is HZ eon.° airrytirt OX 0:flurs .n u. 027 01,260410.4 NOf0. Sat 2 001 7$10 EFTA01322532

CLEME0 MACKIN rts wYCLLY WACO SISSI0LOre 04W. — Seca,On Cap. 0nt Watacch Gott Math 00,00); Mt. OM 20 385 C212)272.12O0 INSTITUTKINAL INTERESTS 0 -n z C in z -H r ZZSESE00- 019- ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 02, 10 001 EFTA01322533

BEAR STEARNS OFFICE SERVICING YOUR ACCOvea Bear. Stearns b Co. Inc. 383 Madison Avenue New York, NEM Yak 10179 (212) 272-2000 3 as Cash Flow Analysis onPDX° Income Summary P01100 AO 10 0.411 Opening Balance 5914.140.42 Dhidencts 3.900.95 3,900.95 Credit Bann lit. 1.362.25 1,362.25 Second's Sold 2.832.762.33 Money Fund 2.503.253.70 Total 55.263.20 55,263.20 Fords Deposited 22.962.72 Daidends/Interesz 3,892.25 z ii Miscellaneous Amount Credited 5.880.995.94 511.243.856.94 Portfolio Composition Casticesh Equivalent &Odes 2.829.738 15.330.068 C in Soculties Bought Money Fund Funds withdrawn 4.063.544.45 -1.053.253.70 45.925.44 Total 518 169 806 —••• z Miscolaneous -6881025.54 Amount Debited 5-11,043.749.13 Net Cash Activity 200.107.81 r Closing Balance $1,114,248.23 USESEOCIND- ANGS I8 IJ 1-0 $'• IJ Cash Balance Summary 01006 aooro Cash 914,140.42 1,112,885.98 Margin 0.00 1,362.25 Net Cash Balance 5914.140.42 51,114,248.23 =ARLO THROUGH rtS WriCtlY CYNIC SUOMWAY Raw fawn. Slane Cm. One 1466466 Corm Nam otOryt Mw Ywt 112014059 E21a 222.1CCO INSTrnfriONAL INTERESTS STATEMENT PER100 Artliff 1.2002 THROuOm emery 25.2002 ACCCUY1 NL44011.1 102-05152 055 TAXPAY011 MAW 31.6412056 U41 STATEMENT Decent. 31.2001 Your Portfolio Alloattlon UnsTMel prim. 444.44. :Wm Naves m40.4 aw 494144 444.4 terrINII 6., •0 1.4 0.1.0:10 021 01'2602 10 42 CC1 %5?) EFTA01322534

CLEARED ThROU04 rrs %MOLLY CV 1(D 5USSIDARY E I C rn r VZSESEOCIND- ANGS I8 IJ U.) IJ BEAR STEARNS OFFICE SERVCItn YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Menu° New Yak, Now York 10179 (212) 272.2000 4 Your Portfolio Holdings 1C0 S41 MAMA 102.05152 055 CASH & CASH EQUIVALENTS TA)PAYIN MAW 314412006 LAST Swann Dce.tnner 31.2021 OESOW004 SninaJOUS. as MEE wan" mut CSINMED Cala MAK MOW YEW (n CASH BALANCE 1.114,248 THE TREASURERS FUND INC GTD)0( 1.712.897.74 1.0000 1.712.898 30.832 1.8000 OCMESTC PAM LAM ROREF0410 THE TREASURERS FUND INC GTDXX 2.591.68 1.0000 2.592 47 1.8133 COPAEST1C PRIME LUI PORTICO° TOTAL CASH & CASH EQUIVALENTS 52,829.738 530.879 EQUITIES Equities & Options AOOr WAIT Una= Mann DLICRIP0011 sonOUCUS0 OP( MOOR Mitt W.U.IE NNW NONE '1O(%) ABERCROMBIE & FITCH CMCL A ANF CASH 3.200 26.0000 83.200 ACTV INC LAW CASH 22,300 1.5700 35.011 AMERICAN EAGLE OUTFITTERS INC AEOS CASH 6.600 28.0200 184.932 NEW ADELPHIA COMMUNICATIONS CORK AMC CASH 31,354 27.7500 870.074 O. A ANNTAYLOR STORES CORP ANN CASH 4.000 36.5300 146,120 AMERICAN STANDARD COMPANIES ASO CASH 4.100 63.1500 258,915 INC-DEL AVNET INC AVT CASH 4.500 25.0100 112.545 1.350 1.1995 Ela SYSTEMS INC BUS CASH 11.400 20.2600 230.964 BEVERLY ENTERPRISES INC NEW 8EV CASH 44.800 6.8500 306.880 CHRDRENS PLACE RETAIL MORES PLCE CASH 4.100 32.0000 131.200 NC Bur. 51eints Sanaa Corp Oro Ideratch ()Met Witt 50Cltn, PIO. Vet 112014852 2121 V2.1000 INSTITUTIONAL INTERESTS smrstawr mmoo moms 1.2002 newam Lowry 25, 2002 027 01/26081042 001 n20 EFTA01322535

IY1 IJ IJ a, IJ T4iNROUNO0 SZSESECICMANCIS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Boar. Steams & Co. Inc. 383 Madison Annuli New York. New York 10179 (212) 272-2000 5 te CLEARED TYROLKW Ts •MMILY COWED SUSSIWRY kir Siva Swam Coo. Ore WeloWY. °wit *0h &was; new 0W 11201.31151 01423260:0 INSTITUTIONAL INTERESTS suram)a fremoo Artery 1. 2002 Your Portfolio Holdings (continued) Equities & Options (continued) otsaterciy sneoLcuse rot OWNMY maw VALUE anmareo Meal *wow nmou04 Jartary 25.2002 AtONAT sowBER 10245152 055 TWOM.Ift Norout 31.6412006 usr 5.*TruErT December 31.2001 CUOMO veto (14 CENDANT CORP CD CASH 11.450 18.4500 211,253 COSTCO WHOLESALE CORP-NEW COST CASH 2.800 44.2000 123.760 CITIZENS COMMUNICATIONS CO CZN CASH 32.800 9.8900 324.392 CAPSTONE TURBINE CORP CPST CASH 10.800 4.8400 52.272 CONTINENTAL AIRLINES INC-CL 8 CAL CASH 5.850 30.2900 177.197 DMC STRATEX NETWORKS INC SDLN CASH 13,450 7.5800 101.951 EDISON INTERNATIONAL EU CASH 10.550 15.5900 164.475 EMMS COMMUNICATIONS CORP-CL A EMMS CASH 14,950 23.1100 345,495 ENZON INC ENZN CASH 4.050 52.9200 214.326 FOOTSTAR INC FTS CASH 3.800 23.2000 90,480 FOX ENTERTAINMENT GROUP INC FOX CASH 8.600 21.6800 188.448 0. A FALL CORP NEW FMC CASH 3.900 34.5500 134.745 FOOTLOCKER INC Z CASH 18.150 14.1100 256.097 FEDERATED DEPARTMENT STORES FD CASH 6.600 40.4000 266.640 INC-DEL GEORGIA PACWIC CORP GP CASH 1.400 24.7000 34.580 700 2.0243 (GEORQA MCIFIC GRCUP) HONEYWELL ROL INC NCR CASH 6,150 32.7000 201.105 4.813 2.2938 INTERSIL CORPORATION CL A ISIL CASH 1.700 27.9803 47,566 (FRM IN1IRSt HLG CORP CIA) I-MANY INC IAN? CASH 39.150 8.6000 336.690 HCA INC HCA CASH 16.000 41.6400 624,600 1.200 0.1921 OVA HCA-HEALTHCARE COMPANY) IMC GLOBAL INC IGL CASH 14.000 12.9000 180.600 1.120 0.6202 02 01/2002:18i2 col non EFTA01322536

0 -n rn r 9ZSESE00- IN9- ANGS BBNIZ STBNIZINIS OFFICE SESNIC.M MUR ACCOUNT Bear. Steams & Co. Inc. 383 Medium Menu* New York. New Yea 10179 (212) 272-2000 6 0' 25 Your Portfolio Holdings (continued) Equities & Options (osttruecf) aMeRPIK41 snmucuse AOLT lwF memo 1wQ AtIRM1 wur ISTMMED ANIMA HOWE CURSINT DOD IMPERIAL CHE/ACAL INDS PLC ICI CASH 1,400 23.6300 33,082 2.061 6.2300 ADR MW JONES APPAREL GROUP INC JAY CASH 2.800 32.9800 92.344 KOHLS CORP «SS CASH 3.600 66.3400 238.824 UBERTY MEDIA CORP CASH 37.800 14.2500 538.650 UR A NEW ill CLAIBORNE INC uz CASH 7.400 28.3000 194.620 1.665 0.8555 MILLENNIUM CHEMICALS INC MCH CASH 7.900 12.1700 96,143 4,740 4.9302 MASCO CORP MAS CASH 12,900 26.8500 346.365 6.966 2.0112 NOVA CHEMICALS CORP NC:( CASH 8.600 19.2000 165.120 1.345 0.8146 NALMCA ENTERPRISES INC NAUT CASH SACO 13.8400 74,736 NORTHWEST MRUNES CORP NY/AC CASH 5,000 15.7900 78.950 NORFOLK SOUTHERN CORP NW CASH 14.100 22.1400 312.174 3,384 1.0840 OMGROUP INC 0MG CASH 2,600 66.0000 171.600 1,352 0.7879 PEREGRINE SYSTEMS INC PRGN CASH 12.500 7.9500 99.375 POLO RALPH LAUREN CORNCL A M. CASH 4,707 27.7100 130.431 OMNICARE INC OCR CASH 8,100 23.2000 187.920 729 0.3879 PACIFIC SUNT EAR Of CALIFORNIA PSUN CASH 5.250 23.0000 120.750 INC PRAXAIR INC PK CASH 4.700 55.8800 262.836 3.572 1.3601 QUIKSILVER INC 20« CASH 9.500 18.2100 172,995 REMEC INC REMC CASH 14.750 9.9900 147.353 ROYAL CARIBBEAN CRUISES LTD RCL CASH 23.150 18.0200 417.163 12.038 2.8857 ROHM & HAAS CO ROH CASH 2.550 35.0600 89,403 2.040 2.2818 DIM» lØ1F.x DS %DOLLY ~DP *MOAK, ete'. Stein secunes Corp On ~Tema Coss Mach tremr. Nav ot 34 i2i25 212.1053 INSTIRMONAL INTERESTS STAMANT IIDOD January 1.2002 11950u0m January 25.2002 ACCOINT IOVIMR 102-05152 055 TAXPAYDI M/430i 314412006 tar STATTIMD Decere~ 31, 2001 027 01,71/02:1-042 CO1 5130 EFTA01322537

Tn b.) IJ ae IJ -n rn r LZSESE00- IN9- ÅNGS BWR STEARNS OMCE WAXING YOUR ACCOUNT Bear. Steams d Co. Inc. 383 Madsen Avenue New York, New Yak 10179 (212) 272-2000 7 era Your Portfolio Holdings (continued) Equities 8. Options (continued) DESCRIP11011 511.400UOSIP Ian Tier ~My Csitl SUE SWAM MIPJALINCOWE Cieleal MILO no ROSS STORES INC ROST CASH 1.400 34.9700 48,958 238 0.4861 SOLUTIA INC SOI CASH 17.650 9.8003 172.970 706 0.4082 STAGE STORES INC STGS CASH 13.600 25.3500 344.760 NEW SINCLAIR BROADCAST GROUP INC 5801 CASH 27.600 9.9500 274.620 CL A SOLECTRON CORP SLR CASH 30.750 11.3300 348.398 SYMBOL TECHNOLOGIES INC 581. CASH 12.200 15.8800 193.738 244 0.1259 TYCO INTERNATIONAL LTD TYC CASH 9,900 45.0000 445.500 495 0.1111 TALBOTS INC 118 CASH 8,900 37.4200 333.038 2.848 0.8552 TENET HEALTHCARE CORP THC CASH 7.350 62.7700 461.360 TEXTRON INC TAT CASH 3.300 41.3800 136.554 4,290 3.1416 IIT.TBERLAND COLL A TIE CASH 7,300 38.6500 282.145 IOMMY HILAGER CORP-ORO TOM CASH 14.900 15.2000 226.480 USA NETWORKS INC USN CASH 5.800 25.7000 149.060 UNITED PETAL GROUP PIC URGI CASH 16.700 6.9500 116.055 UNIVERSAL HEALTH SERVICES INC UHS CASH 5.500 41.7500 229.625 CI VITRIA TECHNOLOGY INC VITT CASH 15,650 7.4500 116.593 COLT VITESSE SEMICONDUCTOR CORP VMS CASH 5.550 12.4700 69,209 VIACOM INC-CL B NAB CASH 6.200 39.4500 244.590 VISHAY INTERTECHNOLOGY INC VSH CASH 7.500 191/500 142.875 YORK INTERNATIONAL CORP NEW YRK CASH 7.250 38.0000 275.500 4.350 1.5789 CeLkitto rieROurm ns "Kuv ~ID alas hew. Slin Pawnee Corp. Ore Yenta Lever ran ercaPee. rick ern 1120141SO 12121 272.1000 INSTITUTIONAL INTERESTS STATE/lea PER100 January 1.2002 P141011014 January 25.2002 ACCOJert etikan 102-05152 055 ~AKA wad 31-6412005 vart STATIDierr December 3). 2001 027 01,4110:121042 001 vlaD EFTA01322538

curARCO nisOuGm weir ("mac) SENtiCaRy OFFICE SERVICING YOUR ACCOUNT Bear. Steams 8. Co. Inc. BUR 383 Madison Avenue New YOrk, New York 10179 STEARNS (212) 272-2C00 Our Roam Snares Cap Cr* 5I•ocenn Ce.rw MRn 5reot" Ikv, Vat 112014859 1218 272.100) INSTITUTIONAL INTERESTS !TAW EtP100 unury 1.2002 THRoccoc larlyary 25. 2002 Baa Your Portfolio Holdings (continued) ACC041,41 IMAM, 102-05152 055 TAESAYOI ktuRER 31-6412006 Equities 8 Options (continued) LAST samara Deamta 31. 2001 ACC? WACO tsnano cumin OESCRIPTE3N SY1.801405.0 0-MATTE PRCE WWI Ni/UM fl0OW 11ELD YOUNG BROADCASTING INC-CL A Y8TVA CASH 17.000 18.4050 312,885 Total EpuitioSS, Options $15.330.068 $82.046 0 z -n TOTAL EQUITIES 515,330088 $62.046 YOUR TOTAL ESTIMATED ANNUAL INCOME $92.925 YOUR PRICEOPORTFOLIOHOLDINGS 518.159,806 C rn z Transaction Detail En 8 IJ E.) $.1 IJ O E.) r SZSESEOCIA19- ANCIS INVESTMENT ACTIVITY SE1TLEYEIR TRAM DATE an tiwisactica DESCRIKICO1 01/03/02 12128/01 SOLD AOELPHIA COMIAUNICATIONS CORP CL A EXECUTION SY ROW VS 5600 03-16-00 SEC FEE 2.56 01/03/02 12/2=1 BOUGHT MASCO CORP WITH RIGHTS TO PURCHASE PREFRO STK UMZER CERTAIN CRCuTASTANCE eacunoN BY BMX VS 2900 12-2841 C01.0.05.504 174.00 S'tWCCCUSP C114111TrY PRICE Call WOW Ott DIY Al/OICIT ADIAC .5,600 30.45000 170,502.44 MAS 2.900 24.58480 71,484.92 02? OWEE0C10:42 CO1 V520 EFTA01322539

CLLAPIO neROuGH rrS •MOLLY OWNED SUBSOIARY -n C rn z r 6ZSESE00-019-ANGS I8 IJ IJ IJ IJ BEAR STEARNS OFFICE SERMCING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New Yak. New York 10179 (212) 272.2C00 9 an Transaction Detail (continued) INVESTMENT ACTIVITY (contoued) SLOTICEENT DATE 01/04/02 TEAM OAN TRANS140014 12/31101 BOUGHT ciscePicH CHILORENS PLACE RETAIL STORES INC EXECUTION BY SILO VS 2100 12-31-01 FOOT LOCKER INC AS OF 12131101 TRANSWITCH CORP ExECUI1ON BY NET VS 1500 05-02-04 3000 0448-0 1. 3600 03-27-07 COMMISSION 243.00 SEC FEE .55 FMC TECHNOLOGIES WC SEE NOTE *5 OR BACK SPINOFF ON 2400 SHS FMC CORP NEW SPIN-OFF FIR F006362 REC 12/12/01 PAY 12/31101 JONESAPPAREL GROUP INC EXECUTION BY BUCK VS 2803 01-02-02 COMMISSION 158.00 PACIFIC SUNWEAR OF CAUFORMA WC ExECUTON BY RSSF VS 265001-02-02 SOLUTIA INC EXECUTON BY WSW VS 6950 01-02-02 COMMISSION 486.50 STAGE STORESINC NEW EXECUTION BY WET VS 830 01432-02 COMISSION 27.00 TerdileCule PILE OUNC1Tre 2.100 27.32350 PINE !WIESE...4 Saunas Cap. One 1.10701an Cats Win Inca" 'Mt Ink 11201.3859 12121272.1000 INSTMMONAL INTERESTS SterelaNT PDCO Jewry 1.2002 TatOUCa Jartsey 25.2002 AO: Car a/0611 102-05152 055 TAOAtTR -8.mseR 31-8412038 tAST TA-rveN7 DOCVM0411 31.2001 DOT! .7401011 57.394.35 011011 MOW 01/04/02 12/31/01 BOUGHT 01/04/02 12/31/01 SOW wer 01/07/02 01102/02 BOUGHT 8.000 15.83890 4100 94453.40 4.52230 ft 4.127 36.372.08 01/07/02 01102102 BOUGHT JNY 2,800 32.99150 92,559.20 01/07/02 01/02/02 BOUGHT PSUN 2.650 19.82000 52.538.00 01/07/02 01/02/02 BOUGHT SOI 6.950 13.21300 92,331.85 01/07/02 01/02/02 BOUGHT SIGS 900 23.25000 20,867.00 023 01/26/CCCIO42 001 VS20 EFTA01322540

rn IJ V.2 $'• IJ V.) IJ 0 m C in r OESESEOCIND- ANGS BEAR STEARNS orncz SERVICING YOUR ACCOUNT Bear. Steams b Co. Inc. 383 Madison Avenue New VIA. Now York 10179 (212) 272-2000 10 tin CUMED THROLPOn ITS vnext 4m2403 SLWOcurt gear. Seem Seen*, co Ow 14etteccb Cew Nab Smatbn. New Volt 11201.3859 (21212724020 INSITTUTIONAI. INTERESTS STA:WENT PE11100 lamer, 1. 2002 Transaction Detail (continued) INVESTMENT ACTIVITY exodnued) SITTIOAM 'RCE win DATE nwalcriou OESC19213% 511.110UCUSIe CIUMMY MU nocuoi AccoLerr 'wig.* TAxrATte moseER LAST STATexpir MIT AMOUNT Artery 25. 2002 102-05152 055 31.6412006 December 31. 2001 CRIOR WOUP/I 01437702 01/02/02 BOUGHT TIMBERLAND CO-CL A TM. 2.500 37.07050 92.841.25 01/06702 01/03/02 BOUGHT EXECUTION BY BUCK VS 250001-02-02 COWISSION 150.00 AMERICAN EAGLE OUTFITTERS INC AEOS 1.300 27.12250 38274.25 01/08/02 01/03/02 BOUGHT NEW EXECUTION BY WHO VS 1303 01.03-02 AVNET INC AYE 4.500 2862270 120.132.15 01/08/02 01/03702 BOUGHT EXECUTION BY NEED VS 4500 01.03-02 CCIAMISSIDN 315.00 CHILDRENS PLACE RETAIL STORES PLC 1,100 2842830 31.28813 01/08702 01/03,702 BOUGHT NC EXECUTES BY JPNO VS 1100 01-03-02 RAC CORP NEW FMC 800 33.90000 27,191.00 01/08/02 01/03/02 BOUGHT SEE NOTE '5- ON BACK EXECUTION BY IASCO VS 600 01-03-02 COMIASSION 56.00 FOOT LOCKER INC 2 3000 15.89180 51.470.24 01/08102 01/03/02 UNSOLICITED HONEYWELL INTL Olt HON 2.850 34.17480 97,612. 01/08/02 01703/02 BOUGHT SEE NOTE 'V ON BACK DECtMON BY MCA VS 2850 01-03-02 COMMISSION 199.50 PEREGRINE SYSTEMSINC PRON 3.000 9.11250 27.352.50 01/08/02 01103/02 BOUGHT 0:KUTCH BY 58SH VS 3000 01-03-02 ROHM 6 HMS CO RON 2.150 35.66380 78842.57 DIOSTION BY GKMC VS 2150 01-03-02 03MMISSION 150.50 AS OF 016/3.02 027 01/8100t10t42 001 0520 EFTA01322541

CASAJNO mown r73 Pram Coma SUILI/NM C) 5 m z r TESESEOCIND- ANGS I8 IJ IJ a") IJ IJ BEAR STEARNS SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New Tat. New WO 10179 (212) 272-2000 11 o Transaction Detail (continued) INVESTMENT ACTIVITY (continual) Sear _s Salta* Cap ow wean, Car Nr0 MOON tora Yet 112010144 (212) 2724000 INSTRUTONAL INTERESTS 3137110/./ SUMO mown 1.2002 Tratc&Cr tansy 25.2002 ACAMATT MANS 102.05152 OSS NONATID7 MASER 31 6412006 ust osourn PICOM0SI 31.2001 on:ow NAG tlAtt an INNSAC133 CC W≥2373 SYSISOLCUSIP W11/0 Ma Cal NAOMI p(00 NJOUNT 01/08/02 01/03/02 BOUGHT STAGE STORES INC STGS 3.000 23.57930 -70.752.00 NEW EXECUTOR BY HUG VS 30@ 01-03-02 01/08/02 01/03/02 BOUGHT SOLECTRON COPP DIECUTION BY MSCO VS 2600 0143-02 COMMISSION 162.00 TAL8OTS WC EXECUTION BY BUCK VS 1500 01-03-02 COMMISSION 90.00 TIMBERLAND CO-CL A EXECUTION BY BUCK VS 1900 01-03-02 COMMON 114.00 VERSUS SOFTWARE CORP CCECUTION BY FBCO VS 1020 11-20-01. 700 11-06-01 . SO 1143741 SEC FEE 1.23 VERITAS SOFTWARE CORP EXECUTION BY NET VS 550 110741. 600 11.09-01. 650 11-12-01 COMAISSION 54.00 SEC FEE 1.29 FOOT LOCKER INC EXECUTION BY SUCK VS SOO 0144-02 COMPASSION 54.00 SLR 2.600 11.90340 31,145.84 01/08/02 01,)03/02 BOUGHT 01/08/02 01/03/02 BOUGHT 118 1.500 37.60690 56.513.85 tEL 1,900 37.81040 72.159.14 01/0602 0 A3 2 VRTS -1.750 46.81830 81.41i.tho 01/08/02 01/03/02 SOLD VRTS 4.800 47.41430 85.275.45 01/0902 01/04/02 BOUGHT 2 900 15.49600 14,015.40 01/0902 01/04/02 SOW CL A EXECUTION BY WIT SEC FEE 61 AS Of 0104/02 TA CORP MCOTA .1050 32.09500 33.684.24 027 00213021042 001 VS20 EFTA01322542

0 0 2 1 C in r ZESESEOCIND- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 5 Co. Inc. 383 Madison Avenue New leek. New York 10179 (212) 272-2000 12 axe Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SEM/31011 M DATE CATE TRANSACTOR GUMPTION SEMSOUCUSIP OUENTITI PUCE CUR ALONE Clit011 AMOUR 01,0942 01/04/02 BOUGHT NAUTICA ENTERPRISES INC TAUT 2.800 13.77880 38.595.64 01/09102 01/04/02 BOUGHT EXECUTION BY MONO VS 2800 014402 AS OF 01/0002 ROHM & HMS CO ROH 400 36.69750 14.722.00 01/09/02 01/04/02 BOUGHT EXECUTION BY SBSH VS 400 0144-02 COMMISSION 28.00 SOLUTIA INC 501 2.700 9.66910 26,283.57 01/0902 01/04/02 BOUGHT DIECtniON BY msco VS 2700 0144-02 03441.4ISSON 162.00 SINCLAIR BROADCAST GROUP INC SBM 600 9.99330 6.010.98 0109)02 0104/02 BOUGHT Ct. A DICUTION BY 58511 VS 803 01.04-02 SOLECIRON CORP 4.300 12.07130 52.222.59 01/09/02 01/04/02 BOUGHT DICUTION BY MONT VS 4300 01-04-02 COISTISSON 301:30 TABOTS INC RB 300 39.15000 11,778.00 01109102 0104/02 BOUGHT CdcuTION BY BUCK VS 3C° 014402 COMMISSION 18.00 YOUNG BROADCASTING INCCI. A YEIPM 3.500 18.58000 6604503 01/10,02 01/07(02 BOUGHT MUTTON BY 585H VS 3500 0144-02 AMERICAN EAGLE OUTFITTERS INC AEOS 900 29.81000 28.844.00 01/10/02 01/07/02 BOUGHT NEW EXECUTON BY RHO VS 900 01-07472 PACIFIC SUNWEAR OF CAUFMUTIA PSUN 800 21.40000 17,135.00 INC EXECUTOI BY OPCO VS 800 014742 CLEARED ITINCOGN ITS ,near AMMO COWART Sew Steams Searber Cats 0r rAmelech Cemer Lbleatm. Mew TO 11201.3559 (217J272rICCO INSTIRMONAL INTERESTS STATEMENT POPO WU}, 1. 2002 n ritOutm Thrum 25.2002 AOCIERAM MOSER 1D2-05152 055 TAXPAYER HERRON 31.6412006 LAST STATEMENT COMMON' 31. 2001 021 01/26CCt105.2 001 VS* EFTA01322543

la I8 IJ IJ b.) IJ -n rn r EESESE00- IN9- ANGS BEAR STEARNS ()mu SERVICING YOUR ACCOUNT Bear. Steams d Co. Inc. 383 148080.1 Avenue New Tot New York 10179 (212) 272-2000 13 orm Transaction Detail (continued) INVESTMENT ACTIVITY (continued) StrtillitNT DNOI DAN DATE ntmemcnoN DESCRPROw 01/10/02 01/07/02 BOUGHT SOLIMA INC CHEVRON BY NALCO VS 2100 01-07.02 COMPASSION 147.0D ADELPHIA BUSINESS Sal/BONS 11.483 CIA INC SPINOFF ON 23054 SINS ADELPHU COMMUNICATIONS CORP SPINOFF FROM SEC 4' A059849 REC 01/08/02 PAY 01111/02 AS OF 01/0902 ADELPNIA BUSINESS SCIUTIONS INC CI A EXECLMON BY INST VS 1227 04-07-98. 950 002800 1000 09-29-00. 3250 11-18-01 . 2300 11-2001. 2800 11-27-01 COMPASSION 345.81 CAPSTONE TURBINE CORP EXECUTION BY S85/I VS 8600 01-C8-02 CSX CORP WITH RIGHTS TO PURCHASE MUNI SIX UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 2000 11-15-cn. 1950 11-13-0 1 COLHOSSION 237.00 EMMIS COMMUNICATIONS CORP-CL A EXECUTION BY MT VS 4400 01-08-02 commissar+ 132.00 GEORGIA PACIFIC CORP NTH RIGHTS TO PURCHASE PROM SIX UNDER CERTAIN CIRCUMSTANCE EXECUMN BY BUCK VS 2200 01-0802 COMMISSION 132.00 SnaKECUSIT SOI =ARLO MR0~ riS •AwCtLY OWNED SueSOwtf ea. Seas Sextriun Cap. One ~au, ten — wØ Nw yr, 11201.3859 (21212>2.1000 INSTITUTIONAL INTERESTS sTATeur1/41 taco January 1.2002 laruery 25. 2002 AtO0t.m? romiX9 102.05152 OSS TAinvtilt .4000ER 314412005 L.A.IT 5- Amer December 31.2001 CI).Wory Pea 30,1!AutuvT CAM /MOUNT 2.100 10.60930 22.422.00 01/11/02 01/09102 BOUGHT 01/11/02 01/08/02 SOW /8/12 41.527 0.26980 2.749.12 01/11102 01/06/02 BOUGHT (SW 8.600 5.75810 49.534.66 01/11/02 01/08/02 SOW OSE -3,950 37.86080 143,505.92 01/11/02 01/08/02 BOUGHT EMMS 4.400 25.14820 110.790.28 01/11/02 01108/02 BOUGHT GP 2.200 25.67530 56,632.66 ea? 01/24,0810,12 VS20 EFTA01322544

0 -n C rn r PESESEOCIND- ANGS BEAR STEARNS °SCE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 MatISOn Avenue New Wwk. New York 10179 (212) 272-2000 18 au Transaction Detail (continued) INVESTMENT ACTIVITY (continuer) SCITLOADIT DATE 1101* 001 ritAxSACTICh RP1O% DIAPOLCuSw CILLWITIY MCC OCIC PJA0.227 CREDIT Mate 01/11)02 01)08.02 BOUGHT NORTHWEST AIRUNES CORP MAC 5.030 17.883 89,431.50 DICUTION BY FBCO VS 5000 01-08.02 0711/02 01878/02 km 4.11 ROSISTORES INC ithstr 2.800 33.57050 94072.40 CCECUT1ON BY MONT VS 2800 01-08-02 01/11/02 01)08/02 BOUGHT SINCLAIR BROADCAST GROUP INC SBGI 9,003 10.17250 91.567.50 CL A EXECUTION BY 0848 VS 9000 01-08-02 01/11/02 01/08)02 BOUGHT DX COMPANIES INC NEW TAI 2.300 40.38700 93043.10 EXECUTION BY BUCK VS 2300 01-08-02 COMPASSION 138.00 01/11/02 01/08)02 BOUGHT TIMBERLAND CO-CL A TEL 800 39.88120 31.96716 EXECUTION BY BUCK VS BOO 01-0B-02 COMMISSION 48.00 01n1/02 07/08102 SOLO VITRIA TECHNOLOGY INC VITR -4.500 7.10720 37.966.92 CON EXECUDON BY PICO VS 4500 01-17-01 SEC FEE ALI 01111)02 07/08102 BOUGHT vitLANETIE INDUSTRIES MC vAL 2.900 45.15110 737156.19 PATH RCBTS 10 PURCHASE PREFRD SIX UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MDR VS 2900 01-04-02 COMPASSION 203.00 07/77/02 01/08/02 BOUGHT YOUNG BROADCASTING INC-CL A YEcTvA 1.600 18.61880 29.837.08 EXECUTION BY REDI VS 1600 01.C4-02 MIUSKSION 32.00 =MED 1141020H Cr; vo.OLLy 06140 SUSSiDtar 8e2/. San Smogs Um. Crtt 1.4wcotch Cots Now 8,2•21b11, New Yon 112W-3859 0121272.1000 INSITIVTIONAL INTERESTS STATEliEkT PER.00 /wear 1.2002 THROUGH Mite) 25.20132 2.0204.22r Prtil/Stli 102-06152 055 TO:PAYLIR MS/IICA 31.6412006 tAtt STAMUnn December 31.2001 on 01/29/0Z-10012 001 VSZ EFTA01322545

-n rn r SESESEOCIN9- ANGS I8 IJ IJ IJ IJ BEAR STEARNS OFTICE SERVICING YOUR ACCOUNT Bear. Stearns 6 Co. Inc. 383 Munson Avenue New York. New York 10179 (212) 272-2010 15 an Transaction Detail (continued) INVESTMENT ACTIVITY (continued) 1417111/tX1 TEAM DM1 OAR W.MISAC71301 EESCRIP1107 SHABOUCUSIP OUVEMY PRICE 01/14102 01/08/02 CANCEL SELL ADELPHIA BUSINESS SOLUTIONS ABU 11.527 0.28980 MC Cl. A MECUM*/ BY MT VS 1227 04-0746. 960 0948-00 . ICOO 09-2940, 3250 1146-01 . 230011.20-01, 280011.27-01 TO CO. PREVEUS SELL crinvo2 01/08102 SOLD ADELPHIA BUSINESS SOLUTIONS ABU 41,483 D.26980 01/14/02 01/09/02 BOUGHT INC Cl. A EXECUTION BY NET VS 1183 04-07-98. 950 09-28-00 1030 094940. 3250 11-16-01 . 2300 1140-01, 280011.27-01 ORIGINAL 50 01/1102 GEORGIA PACIFIC CORP 2.500 26.387 WMI RIGHTS TO PURCHASE METRO SIX UNDER CERTAIN CIRCUMSTANCE EXECUTOR BY BUCK VS 2500 0149-02 COMMON 160.00 01/14/02 01/09/02 SOLD KOHLS CORP KSS -1.800 70.27010 CCECURON 8Y BIKE VS 6081140-01. 1103 12-03-01 . 100 11.06.01 COMMISSON 103.03 SEC FEE 1.90 01/14/02 01/09/02 BOUGHT PEREGRINE SYSTEMSINC PRGN 1,800 10.12000 MECUDON BY WONT VS 1800 0149-02 01/14/02 01/09.432 BOUGHT SOLUUA INC 501 5.900 10.64200 EXECUTION BY BUM VS 5900 01430-02 CCMRSSION 354.00 Waft/ DE MME ITS ?aly OWNED SUBSODAY Ma Sawn Scalia Cap On. IhYrelech Cale' NEM OecESE-. Neve RA 11201.3.149 12121 272.1000 INSTITUTIONAL INTERESTS renown mum Anon 1.2002 11w0/GEE /weary 25 2032 ACCODEE7 Nan* 102.06152 055 T &OAK* M.W0CR 314412006 LAST STAMM.° December 31, 2071 DENT NAMPO MOO AMOUNT 2.749.12 2,738.67 86,13'3.76 126,361.28 18,231.00 63.16620 027 010:60210A2 0)1 EFTA01322546

Tr I8 IJ a". b.) 00 0 -n in z r 9£5£5£00- IN9- ANGS BEAR STEARNS OFFICE SERVCING YOUR ACCOUNT Bur. Steams & Co. Inc. 383 ~Mon Avenue New Yak, New York 10179 (212) 272-2000 16 eras Transaction Detail (continued) INVESTMENT ACTIVITY (continued) ~IUD 114ROUGH ITS ~OLIN 0A.00 fataihr tam. Ron Sconfte1 Co Ox PAWC0XN Omet 14001 &>1b^ Tort 11201.34159 tetet Stamm INSTITUTIONAL INTERESTS STATEMEirt PM= lanalry 1, 2002 THROU0.4 )artalry 25.2002 ACCOWT tassel 102-05152 055 WPAYER ?NUM, 31.412C06 tam swoon Curate 11 2001 SURD«, TRUCE OATE DATE 1RANS•COOld cesovvreet Inauxusit @WM PRIX ME AVOW CREPT ~WIT 01/1002 0109)02 SOLD VITHA TECHNOLOGY INC VITR -1.700 8.12000 13.103.79 COM EXECIRIDN BY new VS 1206 01.17-01. 506 02.2341 ON 85.00 SEC FEE .21 01/14/02 01/09/02 BOUGHT VISHAY INTERTECHNOLOGY INC VSH 1.600 21.34810 34.283.98 SEE NOTE'S' ON BACK ETECUTION BY COMM VS 1600 01.00.02 C0~01 112.00 AMERICAN EAGLE OUTFITTERS INC NEW mum( BY PSSF VS 900 01-07-02. 1300 0103-02 . 600 12.2041. 1500 12-11-01. 1100 12-1001. 200 12.18-01 SEC FEE 2.38 CAPSRIN TURBINE CORP 2.200 5.48500 12.082.00 DECIMON BY SISSI1 VS 2200 01.10-02 EAGtMAN CHEMICAL CO EXECUTION BY MSCO VS 1500 12-07.01 COMMISSION 105.00 SEC FEE .97 LC GLOBAL INC SEE NOTE '5' ON BACK EXECUTION BY BUCK VS 3400 11.1001. 400 10-06-01 ~SION 228.00 SEC FEE .74 KOHLS CORP IXECLMON BY BUCK VS 500 01.10-02 CCGAIASSION 30.00 01/1502 01/10102 SOLO ADDS 01/15/02 01/10/02 BOUGHT -5,800 28.29130 158,413.90 01/15« 01/10/02 SOW EMN .1.500 42.95500 134.311.53 01/15/02 01/1002 SOLD IGL -3,800 12.82510 48.401.54 01/15.02 01/10/02 BOUGH( KSS 500 68.95030 34.520.00 027 01h602:10 Ø V520 EFTA01322547

En I8 b.) IJ b.) IJ -n C rn r LESESEOCIN9- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New Yak. New Tat 10179 (212) 272-2000 17 em Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SIM EMMY MOE DAR di[ MuiSACMN MSavoco 01/15/02 01/10t02 BOUGHT 11/1 COMPANIES INC NEW CACUTION BY BUCK VS 300 01-1002 COMPASSION 18.00 TIMBERLAND CO-Cl. A EXECLMON BY MECO VS 1600 01-10-02 COMPASSION 112.00 AMERICAN EAGLE OUTFITTERS INC NEW eactmota BY PIP VS 1400 01-1142 FEDERATED DEPARTMENT STORa WC-OEL EXECUTION BY BUCK VS 200 12-10-01 F,C411.15.501 12,00 SEC FEE .13 GEORGIA PACIFIC CORP WITH RIGHTS TO PURCHASE PREFRO SIX UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MSCO VS 900 01.1142 COMPASSION 63.00 IMC GLOBAL INC SCE NOTE ON BACK EXECUITON BY IALCO VS 2500 10-05-01 COMPASSION 175.00 SEC FEE .49 ROSS STORES INC EXECUTON P SBSH VS 400 01-0002 SEC FEE .20 SolAKVOIS• TJE CLEARED INROLYAN ITS AMMO. OwbED SUOSSOMAY ear Sinn Mantel Cap. Cyr menate Carta MOMS ISCOMM New NM 11201.3119 12121 272.1000 INSTITUTIONAL INTERESTS STATEMENT PIACI) rariciry 1.2002 THSOUCA. Acuity 25. 2002 ACCOur wipe 102.05152 055 TNO.Artn MASICS 31.6412006 LAST STATEMENT 0eceN0e 31. 2001 040am ofta Mart MONT awn warn 300 39.98000 12.027.00 01/15/02 01/10/02 BOUGHT 181. 1,600 39.10510 62,695.16 01/18/02 01/11/02 BOUGHT 01/16/02 01/11/02 OLD AEOS EO 1,400 27.10930 37,967.60 -200 42.10030 8.392.87 O1/16102 01/11/02 BOUGHT GP 900 24.13900 21,803.10 O1/18/02 01/1102 SOW IGL -2.500 12.82200 31,864.51 01/16/02 01/11/02 SOD ROST -400 32.73330 13,078.12 027 01/2402:1042 OM EFTA01322548

CLURID TMONYI inwotiv Ceme0 91.1550~ 0 -n in r SESESE00- IN9- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Medbal Avenue New Yoh. /48m York 10179 (212) 272-2000 16 Mn Transaction Detail (continued) INVESTMENT ACTIVITY (cominuer0 SErtt5011 TAKE MR OSTE 111~*12,14 Cf.50361126 01/16/02 01/11/02 SOLD 5114101/68581 TAI Bev. Sun 54.:~ Cap Ore ~own Onet Hem itooldr. New Tat 11201.3855 (212) 272-1000 INSTITUTIONAL INTERESTS STATTMPC PCROO Mowry 1.2002 rneCu0n lanvery 25.2002 ACCOUNT P4.84528 102.05152 055 TµRnvER TINSffl 31.6412006 LAST erAnnerr Oecembe. 31.2001 ~My MCE DOW AliCOM CROX AMOUNT 01I16.02 01/11/02 BAUGHY 01h7k32 01/14£2 BAUGM COMPAMES INC NEW EXECLMCN BY BUCK VS 300 01-08-02 COLINMSKIN 18.00 SEC FEE 18 TIMBERLAND CO-CL A EXECUTION BY BUCK VS 500 01-11-02 COIANISSION 30.00 AMERICAN EAGLE OUTFITTERS INC AEOS 1.200 27.12870 32,5457.04 NEW EXECUThY BY JPHO vS 120001-14-02 ADELPHIA COMMUNICATIONS CORP aA EXECUTION BY JPHO VS 1700 11-27-01 SEC FEE .73 CHILORENS PLACE RETAIL STORES INC EXECUMN BY WHO VS 900 01-14-02 EASTMAN CHEMICAL CO E/A -1.000 41.94660 41.860.97 EXECUMN BY MSCO VS 1000 12-07-01 COIAIALSSION 70.00 SEC FEE .63 OMC STRATIDC NETWORKS INC ExECLMON BY OPCO VS 150001-15-02 ENZON INC EXECUMN BY GOWN VS 700 01-15-02 -300 39.43100 11.796.12 TEL 500 39.34160 19,715.80 01/17/02 01/14/02 SOLD ACIAC -1.700 28.46500 48.374.77 01/17/02 01/14/02 BOUGHT EWE 900 27.95000 25,170.00 01/17/02 01/14/02 SOLD 0111802 01/15/02 BOUGHT 01/1802 01/15102 BOUGHT SON 1.500 8.35000 12.540.00 DUN 700 51.28000 35.911.00 0>7 01/293tiot.tz 001 V520 EFTA01322549

m I8 IJ IJ IJ BEAR STEARNS OFFICE SERVCING YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Amami New York. New Yak 10179 (212) 272-2000 19 am =MEP ,action us YalC“r OA LO SURSIOURY Oar. Sten koalas hip. Cr* Mews*. Omar Nati &awn MAE Yen 112014(459 (313) 272.1000 INSTITUTIONAL INTERESTS 91ATaue AT mew IMAM t 2002 nmouom /awry 25.2002 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SprallAEla MAX DM OM IlimISACTKPI DESCIPP1104 Saiaa...J5IP OLLANnpr MU ArceiN• %AMER 102-C6152 055 31.6412006 DeCeniter 31.2001 CISCO AMOUNT TAXPAYER /AMER LAST svpreWCPY Can AMOtal 01118102 01/1902 BOUGHT FOOTSTAR INC FTS 3,900 24,04600 94.028.40 EXECUTION BY BUCK VS 3900 01-15-02 COMMISSION 234.00 01718/02 01/15/02 BOUGHT FOOTLOCKER INC 2 2.600 15.03680 39.266.68 EXECUTION BY BUCK VS 2600 01-1542 -n 01/18102 01/15/02 SOLD COMPASSION 156.00 TYCO INTERNATIONAL LTD EXECUTION BY NET TYC -1400 49.18350 68.812.86 VS BOO 03-09-01. 600 044901 C in 01/18/02 01/15/02 SOLD COIJAISSION 28.00 SEC FEE 1.04 IASHAY INTERTECHNOLOGY NC SEE NOTE 'V ON BACK VSH -1,300 19.35000 • 25,048.62 EXECUTION BY FBCO VS 1300 01.09-02 COISIISSION 91.00 SEC FEE .38 01122/02 01/16/02 BOUGHT ADELPHIA COMMUNICATIONS CORP ADLAC 10000 25.50000 255,015.00 CL A EXECUTION BY 58511 r 01/2202 01/16102 BOUGHT VS 10000 01.18-02 ENEON INC ENZN 2.000 51.64203 103.299.00 EXECUTION BY GOWN VS 2000 01-16-02 01/22/02 01116/02 SOW FMC TECHNOLOGIES INC FTI 4,127 15.02060 •••• 61,726.47 SEE NOTES ON BACK DICUI1014 BY BUM VS 860 124641, 2235 11-13-01 6ESESE00- 019- ANGS . 1032 11.16-01 036041SSION 247.62 SEC FEE .93 027 01/2110:12:1042 CO1 1426 EFTA01322550

tn I8 IJ IJ N) N) 0 m cim H r OVSESE00-01D-ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beer. Steams & Co. Inc. 383 Madison ATRIUM New York. New York 10179 (212) 272.2000 Transaction Detail (continued) INVESTMENT ACTIVITY (conUnue40 CLEARED THROu0A ITS INWOULY OWNED RAS Oaf Rear. Sitcom So0.45e1 Corp QY Rctr011th Caner North **a/Jr. Ws TRY 112014149 R121272.10% INSTITUTIONAL INTERESTS STATERinfr PER500 January 1.2002 wean.. January 25. 2002 Artetra surie01 102-C6152 055 TAXPAYER KAMER 31.6412006 1AST STAMM., Dittmar 31.2001 SMACK mix an OM 110.16ACTION OUCRIP1C. SY101001:JS9 Newarr Feu Dttrt AMOUNT CSIEDIT WOW 01122/02 01/16/02 BOUGHT HONEYWELL INTL INC NON 1.300 29.40000 38.32640 SEE NOTE V ON BACK vicuna BON DBAB VS 1300 01.15-02 COMMISSEN 91.00 01/22)02 01/16/02 BOUGHT INTERS1L CORPORATION CL A (FT 84 INTERSIL HLG CORP CL-A) DECUTION BY CO IN VS 3400 01.16-02 HARRIES ENTERTAINMENT INC WITH RIGHTS TO PURCHASE PREERD 51K UNDER CERTAIN CIRCUMSTANCE EIECUTION BY DPSW VS 1600 11-13-01 COMMISSION 112.00 SEC TEE .99 IMPERIAL CHEMICAL INDS PLC ADR NEW ECECUMN BY BUCK VS 500 1011-01 COMMISSION 30.00 SEC FEE .18 MGM MIRAGE ETECUTEN BY COM VS 1950 11-13-01 COMMISSION 138.50 SEC FEE .65 MANDALAY RESORT GROUP ExECuTON BY C410V VS 1950 11.13.01 COMMISSION 136.50 SEC FEE .70 MASCO CORP WITH RIGHTS TO PURCHASE PRIER/ SM UNDER CERTAIN CIRCUMSTANCE EXECUMN BY SUCK VS 1800 01.16-02 COMMISSION 106.00 WL 01/22/02 01/16/02 501.0 NB"- 3.400 30.59000 104421.00 01/22/02 01/16/02 SOLD ICJ -1400 4046420 65.414.73 -500 23.28230 11.595.97 01/22/02 01/16/02 SOLD MGG -1.950 29.03960 µ 56.474.87 01/22/02 01/16/02 SOLD MBG -1.950 23.70520 46.072.94 01/22/02 01/16/02 BOUGHT MAS I. 24.64720 44.487.96 CTIIRIREE1ONE an vsm EFTA01322551

0 -n C rn r TPSESE00- 019- ANGS I8 IJ IJ a". b.) BEAR STEARNS OFFICE SERVICRC YOUR ACCOUNT Bear. Steams & Co. Inc. 383 Madison Avenue New York. New York 10179 (212) 272.2000 21 ✓n Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SITTIMPIT WADE DAn OAR IRA)4ACTION DESCRIPIION SYLII0I.Cu54. OUANrirr MU 01/2242 01/16/02 BOUGHT PRAXAIR INC PX 2.000 50.44130 SEE NOTE I' ON BACK ECECUTION BY MOM VS 2000 0146-02 CONPASSION 140.00 01122/02 01/1602 SOW TA COMPANIES INC NEW orcunoN BY BUCK TA -800 38.56430 VS 800 01.08-02 CONBASSION 48,00 SEC FEE .47 01/22/02 01/16/02 BOUGHT TALBOTS INC 1111 1.100 35.82831 01/2202 0148/02 SOW OCECUTION BY BUCK VS 1100 01-16-02 COIATISSON 66.00 TEXTRON INC wml RIGHTS TO PURCHASE PREIRD -1.100 39.79140 SIX LAVER CERTAIN CIRCUmSTANCE DIWITON BY miC0 VS 1100 11-15-01 Cremsac SON 77.00 SEC FEE .66 0123/02 01/17102 SOW BEVERLY ENTERPRISES INC NEW BEY /5.030 7.42500 ExECUT044 BY OPCO VS 5000 043041 006/MESON 300.00 SEC FEE .56 01/23/02 01/17/02 BOUGHT RC CORP NEW FMC 700 31.74240 SEE NOTE'S' ON BACK EvECUTVN BY BUCK VS 700 01-17-02 COLAASSION 42.00 01/2302 01/17)02 BOUGHT HONEYWELL NTL INC tea 2.000 29.03050 SEE NOTE T ON BACK EXECUTION BY MLCO VS 200001-17.02 COMMISSION 140.00 CLEARED milicycH nt mow' 00.420 SUISOtAfee gear. Steams Starlit Cop ere Ueinetn Caw. lan Brow" l$ Van 112014450 12721 272.100) INSTITLMOVAL INTERESTS STAMEN? 42100 worry 1.2007 T.R04)314 uroary 25. 2002 ACCOugl ktrAita 10245152 055 TAXPAYINI MAW 314412006 LAST STATOare Warmer 31.2001 Ong mr000 101,037.60 Mort Mar 30,857.9 39.272.14 43477.08 36,809.44 22,276.68 58,2 6.00 027 01280210,42 001 vsao EFTA01322552

CLEMO) THROLKin m9 04Cily OwNED SUSSOARY rE1 8 IJ IJ IJ T I m z r ZPSESEOCIND- ANGS BEAR STMRNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams b Co. Inc. 383 Madison Menue Now Yolk New Yak 10179 (212) 272-2000 22 Transaction Detail (continued) INVESTMENT ACTIVITY (Continued) SETTORIrt TRACE DATE DATE 11.14SACTION CESCISIO. 01/23/02 0107/02 SOLD IMPERIAL CHEMICAL INDS PLC AEA NEW EXECUTIN BY &K2 14 600 10-11-01 COMMISSION 38.00 SEC FEE .21 01/23/02 01/17/02 BOUGHT SOMIDUCUSIP 10 am. Simms Sewn*. tarp. Ore Mmoteen Cover Nara. acelerc New TRY 11201-n58 1212121]-1007 INSTITUTIONAL INTERESTS STATEMENT PERO° January 1.2002 THROWN January 25.2002 ACCONO roam 102-05152 056 Tµ2ATT NA1& 31.6412('.05 LAST summer Wants 31,2001 CIAVATIt NICE DEBIT AIJOUNT CAM mom 400 23.27150 13.911.75 UZ CLAIBORNE INC UZ 3.700 SW SNIT ON 3700 510 REC 12/31/01 PAY 01/1802 °MN EXECLMON BY DAN VS 4450 05-314e. 550 06.15.01 COMPASSION 350.00 MC FEE 1.71 PRAXAIR INC SEE NOTE T ON 8/01 EXECUTION BY MO VS 2000 01.1742 COMPASSION 140.00 SABRE HOLDINGSUIRP &A EXECUTION BY PACO VS 1880 11-2041. 1600 11-16-0 1, 3250 1145.01 COMMISSPON 451.50 SEC FEE 3.90 CABLEVISION SYSTEMS CORP-CL A CABLEVISON NY GROUP COM LNSOUCITEO AVG PRICE SHOWN-DETAILS ON REO ACTUAL CONFIRM TO YOUR AGENT SEE NOTE TON BACK AS OF 01/1802 WORMS, INC SEE NOTE 7 ON BACK EXECUTION BY ICED AS Cf 01/1702 01/23/02 01/17/02 SOLD 01/2302 01/17/02 BOUGHT OCR 4 .000 22.75840 113,415.29 PX 2.000 48.67320 97.501.40 01/23/02 01/17/02 SOLD 156 -6.450 40.27270 259.288.52 01/24/02 01/18002 RID 01/24102 01/17/02 BOUGHT ffc .2.800 43.15700 120.641.78 WAG 2.600 59.00000 153.415.00 027 01460010222 VS20 EFTA01322553

0 -n C rn z -H r EPSESEOCIND- ANGS I8 IJ IJ IJ BEAR STEARNS MICE SERVICING NUM ACCOUNT Beer. Steams & Co. Inc. 383 Madison Avenue New York. New York 10179 (212) 272-2000 23 vn Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SEMALItla MOE DATE DATE 012002 01(18/02 DIANSACTIDI. BOUGHT nano, PRAXAIR INC SEE NOTE V ON BACK EXECUTIN BY BUCK VS 700 01.10-02 COMAKcioN 42.00 AS OF 01(1(0)2 EDI COMPANIES INC NEW DICUDCW BY BUCK VS 1200 01-08-02, 300 01.1002 COMMISSION 90.00 SEC FEE .88 AS OF 0111102 TOMMY HILFIGER CORP-1120 EXECUTION BY BUCK VS 1300 08-2441. 700 06.17-01 . 500 11.13.01 COMMISSION 150.00 SEC FEE .57 AS OF 0111802 CABLEVISION SYSTE/ASCORP-CL A CABLEVISION NY GROUP COM uesoucnto MG PRICE SHOwN-DETAILS CO/ REQ ACTUAL CONS.! TO YOUR AGENT SEE NOTE t ON BAD( GEORGIA PACIFIC CORP WITH MFRS TO PURCHASE PREFRD SW UNDER CERTAIN CIRCLMSTANCE ExECLI11,1 BY BUCK VS 2500 01.09-02. 1700 01-084 2 COTAINESION 252.00 INTERSIL CORPORATION CL A ORM WTERSIL HLG CORP CIA EXECUTION BY/1300 VS 1700 01-16-02 SEC FEE .71 SYPAIKOZUSIP PX WHO MCI 700 49.10000 CLEARS) THOtOuGH ft %HOLLY Omi) StAISOARY list Wan SeoilDes Ore *Volta, Gnu ,_t Itocitr. Pane Reg II201.1459 121212720000 INSTTILMONAL INTERESTS STATIDADrt nAioti Tanury 1.2002 TweoLaH ACCOJNT KAMM TAxpAy0i 'AMBER tar STATMENT DEEM 'noun 34427.00 Mum 25,2002 102.05152055 314412006 Dr:Cent& 31.2001 OEM /MOAT 01124/02 01/18)02 SOLD TJA -1,500 39.00000 01/24/02 01/18/02 SOLD TOM -2.500 14.97300 01/25/02 01/22/02 SOLD CVC -2.200 4339550 56.39412 37266.93 96.194.65 01/25/02 01/22/02 SOLD GP 4200 21.40290 01/25/02 01/22/02 SOLD ISa -1,700 27.79000 on 01/2Y0t1042 89.62363 47227.29 EFTA01322554

cation tHIODLCH mA Attu. Omer, SuliSOmay BEAR STEARNS OFFICE SERVICNS YOUR ACCOUNT Beet Stearns & Co. Inc. 383 Madsen Avenue New York. New Yak 10179 (212) 272.2000 24 yi a Transaction Detail (continued) INVESTMENT ACTIVITY (anined) Me. Simms Ssames Ca Ono 1Miroudi Comm North Modem. Ws Tait 112014439 (212)272.100) INSTITUTIONAL INTERESTS STATEmeNT P€.00 unary 1. 2002 THROJEm lanai), 26.2032 ACCOGHT KAMER 102-05162 065 'MOANER M.,IMER 31.6412005 LAST STATEMENT December 31.2001 UlTULNIU0 TIMOC DATE DATE OlSCDP9314 SYMICIUMISIP CILIMOITY ma DIST ALCUM CREED MOM b1125/02 01122/02 BOUGHT BOU T SAC GLOBAL INC IGL 2.500 12.34440 31.051.00 0 SEE NOTE T ON BACK EXECUTION BY FBCO VS 2500 01-22-02 0 01125/02 01/22/02 COMMISSION 175.00 ROSSSTORES INC ROST -1.000 32.99200 32976.50 EXECUTION BY MONT VS 1000 01.08.02 m SEC FEE .50 AS OF 01/2202 01/25.02 01/22/02 SOLD UNIVERSAL HEALTH SERVICES INC UI'S -5.000 39.53660 197.315.03 C CI. 8 D1CuTMN BY RHO in VS 5000 10.17-01 COMmISSION 350.00 SEC FEE 2.97 01/25/02 01/22102 SOW VALLAMETTE INDUSTRIES INC WU. -2.900 56.11260 159.634.85 WM RIGHTS TO PURCHASE PREFRO STK UNDER CERTAIN CRCUmSTANCE EXECUTION BY BUCK YS 2900 0148-02 COMMISSION 174.00 r SEC FEE 2.40 TOTAL 5-4.063,544.45 22.832.752.33 DEPOSITS AND WITHDRAWALS t7t/SESE00- 019- ANOS OAR TIMNSACTEM Disarm DEW JM0Uh (EDT MECUM 01/14/02 CHECK Righ TliP1124nano2 22,962.72 BUCKINGHAM CAPITAL MGM! 01/2302 CHECK GEES -03f31/02 BUDIINGHMA CAPITAL 22.962.72 027 OV2010D10542 001 VS 10 EFTA01322555

BEAR STEARNS CCM( SERVIONG 'NUR AccoUNT Beet Stearns & Co. Inc. 383 Ma0son Avenue New York, New York 10179 (212) 272-2000 25 K ,L Transaction Detail (continued) DEPOSITS AND WITHDRAWALS (continued) 0 DAR riumacrts, eisoanoN DWI Malta CM 2.50.1111 01/23/02 FUNDS REC CK SPAH711484IS A volo FEES FR 01/01/02-03/31/02 BUCKINGHAM CABRAL 22.962.72 TOTAL 145.925.44 922,962.72 MONEY FUND ACTIVITY -n C rn r SPSESEOCIN9- ANGS CLEARED DIROVG1i ITS YOCLY O5,040 SullSOIARY Bow Stams bane. Ca55 Cr• ifirtrowth few Ian Broolfri. Nn York 11201.1159 (212I 272-1030 INSTITUTIONAL INTERESTS 12520.51NT PER,00 January 1.2002 na0U08 January 25. 2002 AOCOtan 1aANER 102-05152 055 15005ctrot lures 314412006 LOT STATINERT 0•01r0ter 31, 2001 DATE MOON tRINIAC11011 1141.5011011011 5110310.00 WNW, f0Y DM UMW/ CREDIT WOW 01101/02 OPENINGBALANCE 1162235.72 01 its11 glihRfitsWRIANKuo 514.90 514.90 MONTHLY DIVVEND REINVESTED 01102/02 DMDEND THE TREASURER NOM DOMESTIC PRIME PORWOU0 STOW 514.90 MET INCLUOED IN 2001 - 1099 01/02/02 REINVEST OglaisktIMMuo GTD:C( 1,367.85 1.367.85 MONTHLY ONCEND REIWESTED 010202 OMDEND mareasmoismuo 61DW 1.367.85 NAT INCLUDED IN 2001 • 1099 01103/02 SOW MAIKtSanki t$84C4Frou0 GIDE( -400.000 1.0000 µ 400.000.00 01107/02 SOW 14MSARLIAMBA4.000 MU -200,000 10000 200.000.00 01107/02 SOW r ciaMlnat4 la pi,F ouo MU 400.000 1.0000 600,000.00 01.10902 SOW WAIINSAVAnagni0U0 =TO( -700.000 1.0000 700.000.00 01/15/02 BOUGHT INAMMIAMPoup Otte 150000 1.0000 150,000.00 027 01.0602:10.42 001 0520 EFTA01322556

rtEffin0 DIROLOI rTS NINNY Cxert0 Ronan.' rn 8 b.) IJ b.) 00 0 z ii C in z r 917SESEOCIND- ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bea. Steams & Co. Irc. 383 Madison Avenue New Ypk. Now York 10179 (212)272.2000 26 :,?! Transaction Detail (continued) MONEY FUND ACTIVITY (conunuN) Dor sTAIWea nA100 /emery 1.2002 Mousy 25. 2002 MA R 102-05152 055 TAxpAYVI maw 314412006 LAST ermiDiera Demmter 31.2001 000AT MAASACTILM COWRY MIC2 EMIT MOM CREW AMOUNT 01/17/02 SOLD Eisanzemarto. GTDU GTWtt -500.000 1.0000 500.000.03 01/23/02 BOUGHT Fld TREASURERS FUND INC DOMESTIC PRUE MAI PORTFOUO GTIXOC 900.000 1.0000 900,000.00 01/23102 DMDENO NLIMIEMPWouo 147.12 MOWNLY DIVIDEND 01/23102 OMOEND MiEfelfalgiNfrouo koNtLY DWIDEND GTDU 1,223.83 01/23102 RERNEST NOANOW.MArbuo GTDM 147.12 147.12 14)/MILY DWIDEND RENWESTED 01/23/02 REPNEST DIE TREASURERS FUIWINg DOMESTC PRIME NM MRThDUD GTC/XX 1,223.83 1,223.83 MCINTIM DMDEND REINVESTED 01/24/02 SOLD m infnashwurfouo etboy co.000 t0000 loo.000.00 01,2502 CLOSINGBALANCE 1.715.489.42 TOTAL 5-1.053.253.70 52.503.253.70 DIVIDENDS Sitems Starnes Cap 05 Warmth GeV" tart stair. 1,1“ Val 11201.3069 I2I2) 272.10:0 INSTITUTIONAL INTERESTS OtSCJIMOI SYMOOVOAIP ODOM MR 4s) MINT wow OMIT MOW V520 01/02/02 01102102 EASTMAN DETACH CO PEC 12/15.01 PAY 01/02102 TEXTRON NC REC 12114/01 PAY 01/0102 EMN IXT 2.500 4.400 0.4400 0.3250 1,100.00 1.430.00 TOTAL 32.530.00 027 010010210AZ 001 EFTA01322557

0 BEAR STEARNS OFFICE SERI/IMO YOUR ACCOUNT Beer. Stearns & Co. Inc. 383 AU6son Melt* New York. New York 10179 (212) 272-2000 27 te n Transaction Detail (continued) INTEREST DATE DESCRIPIM 01122/02 INT CR 102-05152 JAN 02 1362.25 TOTAL $1.362.25 SmODICUSIR CLEARED 11400.0. ITS ‘,3•XLY Otte SUSSMARY Bev Snell Smote* Co. 0*14evcAsch Came No. Owl*. hien tot 112014659 02121272.1000 INSTMMONAL INTERESTS STATBAEArt PER)00 January 1.2032 ne:Outl January 25.2002 ACCCUw, RIMER 102-05152 055 TAxPAN-ER Watt 31-6412006 LAST ST TEvE Decernter 31.2001 EMMY RATE MU DOW AvOUNT CALOR MOJNI MISCELLANEOUS -n DATE LOMAT tOREACTIDE EtIOSPROM CENT MADLNI OIECM1 AVOUNT 01/03102 JOURNAL OFFSET FROM BKO P&L 5.880.990.54 C 01/0302 JOURNAL CASH MOW 81(0 PM, TO BOONCEEPING 5.880.990.54 rn D1437 01/09/02 JOURNAL CASH-UEU 12/01 CLR CNC 102-051$2-17 DAC TECHNOLOGIES INC 35.00 5.38 CASH IN MU OF .33040 MAC CORP NEW REC 12/12/01 PAY 12/31/01 SPINOFF FAR F006362 01/18(02 CASH-LIEU ADELPIM BUSINESS SOLUTIONS 0.02 ITC CL A r CASH PI LIEU OF .10979 ADELPHIA COMNUNICATKMS COR REC 01108102 PAY 01/11/02 SPINOFF FROM MC S A059849 TOTAL 3-5.881.025.54 35.880.995.94 LPSESE00- 019- ANGS I8 IJ $'• IJ V:3 031 01.602 ID42 00 "3 EFTA01322558

CLAMMD THROuGm ITS WOW/ 00•4170 /0.08047cY Ln IJ IJ IJ O 0 0 TZ E I C rn r 817SESEOCIN9- ANGS BEAR STEARNS OFFICE SMILING YOUR ACCOUNT Bear. Steams & Co. Ix. 383 Madison Avsnue New Yak, Nov York 10179 (212) 272-2003 28 Nit Trades Executed Pending Settlement SOW DAIE RAW DATE ramsrencet DESCRIPTION SYMODUCuSes DUMMY PRICE LAST STA,71/0%, OM MO.WT Deaereet 31.2001 CREDIT NAOMI 0128/02 01123/02 BOUGHT AMERICAN EAGLE OUTFITTERS AEOS 1.000.00 27.8650 27,880.00 NEW 01/28/02 01/23/02 BOUGHT BEA SYSTEMS INC SEAS 1.700.00 19.6772 33.517.24 01/28/02 01/23/02 BOUGHT IONA TECHNOLOGIES PLC IONA 2.700.00 22.0375 59,516.25 SPONSORED ADR 01/28/02 01/23/02 BOUGHT IMC GLOBAL INC IGL 3.200.03 12.3869 39.877.08 01/28.472 01/23/02 BOUGHT SKECHERS USA INC SKY 1,000.00 15.9338 16,008.80 CL A 01/28/02 01/23/02 BOUGHT VITESSE SEMICONDUCTOR CORP ASS 1,700.00 11.6040 19,741.80 01/29/02 01/24/02 BOUGHT CAPSTONE TURBINE CORP CPST 3.800.03 4.9070 18,661.60 01/29/02 01/24/02 BOUGHT EASTMAN CHEMICAL CO EMN 1.700.00 38.6264 65.798.88 01/29/02 01/24/02 BOUGHT IONA TECHNOLOGIES PLC IONA 1.200.00 22.7946 27.368.52 SPONSORED AOR 01/29/02 01/24/02 BOUGHT PEREGRINE SYSTEMS MC PRGN 3.600.03 8.7429 31,489.44 01/29/02 01/24/02 BOUGHT PRAYAIR INC PX 700.03 53.0247 37.181.29 01/29A)2 01/24/02 SOLD ROSS STORES INC ROST -400.00 34.5367 13,799.47 01129/02 01/24/02 BOUGHT SKECHERS USA INC SIIX 1.803.00 15.8800 28.707.00 CI. A 01/29/02 01/24/02 SOLD TOMMY HILFIGER CORP-ORD TOM 4.100.00 14.9084 31,168.17 01/29102 01/24/02 BOUGHT TRICAIIHT SEMICONDUCTOR INC 8,503.00 10.9650 93.217.50 01/30102 01/25/02 SOU) ADELPHIA 001.4AUMCATIONS CORP ADLAC -3.103.00 27.0360 83.795.34 CI. A • 01/30/02 01/25102 SOLO GEORGIA PACIFIC CORP GP .1.400.00 22.5000 31,400.52 WITH RIGHTS TO PURCHASE PROVO TOTAL $498.965.40 5160.161.50 ow. Swims Seosifes CUP Ow Wenceth Crew /DT Me* Yort 112014169 Mb 2/2.1003 INSTERMONAL INTERESTS DTA/12.1NT nreo2 Unwary 1.2002 TistoLcA Amcor, %LAMER TAXPAYER KAMER Amory 2& 2002 102-05162 065 314412004 The now tiges 0: IN Kan de" Myr soden x Pe stlers- 027 01x2602:1072 0:)1 1170 EFTA01322559