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Form 354 Rev. 10/75 PERSONNEL COPY SDNY_GM_02770752 SUBJECT TO PROTECTIVE ORDER PARAGRAPHS 7, 8, 9, 10, 15, and 17 EFTA 00257560 EFTA01337204 BEAR. STEARNS & CO. PAYROLL CHANGE AUTHORIZATION a ‘.•-• r • .) La(...st Oil.' PERSONNEL DEPARTMENT • FROM: NEWDeVollit anftlETAIL E8tr'fofitte 51

100.000 LTD JOURNAL FROM TYPE 1 TO 2 12/03/04 11/30/04 BOUGHT BEAR STEARNS COMPANIES INC BSC 300,000 97.15000 29.163.005.00 UNSOLICITED BEAR. STEARNS & CO. INC. IS A 12/06/04 12101/04 BOUGHT SUBSIDIARY OF THE ISSUER, BEAR STEARNS COMPANIES INC BSC 100 100.00000 10.080.00 UNSOLICIT

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4.100 27.20240 111,274.17 UNSOLICITED 10P27/05 10/24/05 SOLD BEAR STEARNS COMPANIES INC BSC .100.000 104.54700 10,448,257.99 UNSOLICITED BEAR. STEARNS & CO, INC, IS A SUBSIDIARY OF THE ISSUER, VSP 7114/05(0106.26 10127/05 10/24/05 SOLD EQUITY OFFICE PROPERTIES TRUST EOP -110.000 30.6