es for the purpose of purchasing, carrying a trading In any security or other property shall be based on either the Bear Steams Margin Basis Rate. the Bear Stearns Securities Fed Funds Rate a the London Interbank Offearg Rate (LIBOR). The Bear Stearns Margin Basis Rate will be quoted dairy by Bear Stearns at our main office in New York

for the purpose of purchasing. carrying or trading in any security or other property shall be based on either the Bear Stearns Margin Basis Rate. the Bear Stearns Securities Fed Funds Rate a the London Interbank Offering Rate ('LIBORD. The Bear Stearns Margin Basis Rate Me be quoted daffy by Bear Stearns at ax main office in New York,

for the purpose of purchasing. carrying or trading in any security or other property shall be based on either the Bear Stearns Margin Basis Rate. the Bear Stearns Securities Fed Funds Rate or the London Interbank Offering Rate (LIBOR')- The Bear Stearns Margin Basis Rate will be quoted daily by Bear Steams at our main office Xi New Yo