SEOCIA19- ANGS 8 IaJ IJ UNITED MTG SECS CORP SERIES 93.1 CL 8-2 DATED DATE 11/28/93 BOCK ENTRY ONLY CUE 11/25/2003 .001% FACTOR e 1.00:03300 Total Government& Agency Obligations TOTAL FIXEDINCOME BEAR STEARNS OffCE SERVICING YOUR ACCOUNT Beer. Steams & Co. Inc. 383 Madison Avenue oh 10179 at. UNITS sonmes Tam Ott Ile

1 9.6479 5,271,513 119.373 3.069.607 58.2301 SERIFS 2483 CL SI. DATED DATE 07/02/02 BOOK MIRY ONLY DUE 03/192032 5.618% FACTOR - .94719330 Total Government& Agency Obligations 57.421.941 5449.808 Si 1.566481 TOTAL FIXED INCOME 57,421.941 5449.808 51 1.566,4 8 1 YOUR TOTAL ACCRUEDINTEREST 4449.808 YOUR TOTAL ESTIMA

FACTOR - .94719330 FEDERAL HOME LOAN MTG CORP SERIES 2483 CL SL DATED DATE 07/02/02 BOOK ENTRY ONLY DUE 03/15/2032 5.618% FACTOR — .94719330 Total Government& Agency Obligations MRGN MRGN 47,359,665 54.638.781 UnprIced 9.6479 5.271.513 $7,421,941 121,890 119.373 $449,808 3.134.263 3.069.607 $11,566,481 58.2301

SweCLCuSP nPt FEDERAL NATIONAL MTO ASSN SERIES 2003-49 CLASS SW DATED DATE 04/30/03 BOOK ENTRY ONLY DUE 01/25/2033 4.470% FACTOR — .56738039 Total Government& Agency Obligations OLIANTITY MRGN 13.791.178 ACCRUED PRICE MARKET VALUE !MEREST 8,1254 1.120.583 10.274 87288.991 $82,o77 FINANCIAL TRUST CO INC STATEMENT

14,402.918 9.8728 1,421.966 9.642 694,221 48.8212 SERIES 203349 CLASS Sw DATED DATE 04/30/03 BOOK ENTRY ONLY 5/ FACTOR - .5923 54784.8420% Total Government& Agency Obligations 57.982.574 587.310 52.558.165 Corporate Bonds ACC ACCIMO MUM 074:1047 Of SCSIPM4 SMICSCLSI7 flit 000NREE PRIC1 MAW MIX DIMS! AMYL MOW

8689 1,851.402 14,032 1,010,430 54.2833 SERIES 2003.49 CLASS SW DATED DATE 04/3003 800K ENTRY ONLY DUE 01/2512033 5.900% FACTOR - .70457480 Total Government& Agency Obligations 58.112.754 5180.315 55.001.261 Corporate Bonds ACC! ALOUD ISTINATED 01451011 OLSCIPTY4 Sy1.10000.61P nPE OUANNTY Pea Mani Vial EVRNESI

9.1386 1.342.655 8,271 744.447 55.4459 SERIES 2003.49 CLASS SW DATED DATE 04/30/03 BOOK ENTRY ONLY DUE 01/2512033 5067% FACTOR — .60444343 Total Government& Agency Obligations $8.081.612 $86.086 $2.745.352 Corporate Bonds ACCT ACCRUED ESTRIME0 EURFOR DESCRPTION StTe3OLCUSP TYPE OUANTITY PRICE MARKET VALUE MER

FACTOR . .66174275 FEDERAL NATIONAL MTG ASSN SERIES 2003-49 CUSS SW DA= DATE 04/3403 BOOK ENTRY ONLY DUE 01/25/2033 5.881% FACTOR . .78082180 Total Government& Agency Obligations 31392T6E2 3128KVA85 31393C2C6 MRGN MRGN MRGN 22,198,317 3.300,713 18.979.247 10.6633 77.5781 10.6704 2.367.071 2.566,838 2.026.866 S1

6 9.3921 4.405.222 96.882 2.682.875 60.9022 SERIES 2483 CL SL DATED DATE 07/02/02 BOOK ENTRY ONLY DUE 03/15/2032 5.720% FACTOR - .81309650 Total Government& Agency Obligations 520.865.338 5287.584 58.531.593 Corporate Bonds ACC: /COMO IMAM) CUTOUT DISCRIPTICH STIdiltoCUSP Oussary MICE MUST YALU( WSW 11•4111.

18.701.667 11.2571 2.105.258 18,259 1.095.544 52.0385 SERIES 2003.49 CLASS SW DATED DATE 04/30/03 BOOK ENTRY ONLY DUE 01/25/11.9% FACTOR — Total Government& Agency Obligations $13.172.536 $173,352 $4,585,069 Corporate Bonds Beer. SZeirns SON, t4,1 COO. Ore Mevolech Car:Ng North BecciCon. New Ye* 11201.3559 FINANCIAL

YLSOUOJSP TYPE FEDERAL HOME LOAN MTG CORP MRGN SERIES 2483 CL SL DATED DATE 07/02402 BOOK ENTRY ONLY DUE 03/15/2032 5.720% FACTOR — .81309650 Total Government& Agency Obligations ouvonv 46.903,416 Beer. SZeirns SON, 14,1 Cory. Ore Montech Car:Ng North BecciCon. New Ye* 11201 3859 FINANCIAL TRUST CO INC STATEMENT PERK* M