bal 4.72% OWL CREEK OVERSEAS FUND. LTD 31 Jan 02 Y $2'068M 4.862.87 30 Apr (1.90%) (3.48%) 48.63% 11.07% -15.44% 13.78% 13.04% (20.92%) Jeffrey Altman Dec 13 14 Mar 10 - Sep I t PAULSON ADVANTAGE LTD -A- 31 Mar 04 O $931M 277.56 30 Apr (2.45%) 0.06% 26.05% -14.23% -35.96% 10.65% 15.13