NGS INC HTZ OW $32.00 AVIS BUDGET GROUP INC CAR OW $59.00 DELTA AIR LINES INC DAL OW $54.50 AMERICAN AIRLINES GROUP INC AAL OW $57.50 STARWOOD HOTELS & RESORTS HOT OW $87.00 MARRIOTT INTERNATIONAL -CL A MAR OW $70.00 EuroStoxx Banks Index (SX7E) Market Plus Note (10%) Improving outlook for European

NGS INC HTZ OW $32.00 AVIS BUDGET GROUP INC CAR OW $59.00 DELTA AIR LINES INC DAL OW $54.50 AMERICAN AIRLINES GROUP INC AAL OW $57.50 STARWOOD HOTELS & RESORTS HOT OW $87.00 MARRIOTT INTERNATIONAL -CL A MAR OW $70.00 EuroStoxx Banks Index (SX7E) Market Plus Note (10%) Improving outlook for European

8.51 WITH RIGHTS TO PURCHASE COMMCN STK UNDER CERTAIN CIRCUMSTANCE COVER SHORT, EXECUTION BY GSCO COMMISSION 63,00 09/21/01 09/18/01 BOUGHT STARWOOD HOTELS & RESORTS HOT 1.400 21.77080 30,578.12 WORLDVADE INC COVER SHORT, EXECUTION BY BUCK COMMISSION 84.00 09/21/01 09/18/01 SOLD STARWOOD HOTELS & RESO

PTION SYMECLO-bcP ACCT ME OUAMTITY PRCE MARKET VALLE ESTIMATED ANMJAL INCOME CURRENT YELD SAFEWAY INC SWY SHRT -950 49.1600 -46,702 STARWOOD HOTELS & RESORTS HOT SHRT -900 39.2100 -35,289 -720 2.0403 WORLDWIDE INC SENSORMATIC ELECTRONICS CORP SRM MRGN 10,900 14.6700 159,903 SHARPER IMAGE COR

WITH RIGHTS TO PURCHASE COMMON SM UNDER CERTAIN CIRCUMSTANCE SHORT. EXECUTION BY CEUT COMPASSION 63.00 SEC FEE 1.60 09/06.01 08/30/01 SOLD STARWOOD HOTELS & RESORTS HOT -1.000 34.49000 34.413. WCRLEMIX INC SHORT. EXECUDON BY BUCK cam= TherajCal ?MOLLY CrAf.00 SueSoWer Bra. Sten Secunet Cap. Cre Wreath

06/19,01 PAY 07/16)01 07/16/01 FOUR SEASONS HOTELS INC w.vr50 VOTING SHARES FS 35.73 ON CHG 1000 SHS SHORT REC 06/29/01 PAY 07/1601 07/2001 STARWOOD HOTELS & RESORTS HOT 180.00 WORLUNIDE INC DN CHG 900 SHS SHORT REC 06/30/01 PAY 07/20101 TOTAL 57.608.31 $770.50 INTEREST wt[ DESCRIPTON 07/23.'01 INT C