ERED ADP CD DUE 12/31/2049 8.625 e 8.625 DUE 12/31/49 ADP CD DUE 12/31,2049 8,625 8,625 DU r TM-PR 07/26/02 DELIVERED TOTAL DEW AMOUNT CPEOIT ANIOcNT 25.000.000.00 25,000,000.00 24.778.5413% 9.777.78 25.000.000.00 2378.13 24.769245.91 977.49 24.781.345.91 $-74,550,691.82 574.792.

ANEOUS DATE uatAY TRANSACTION 09/30/02 CASH-LIEU DESC-RIPRON VECTOR GROUP LTD CASH Rd IEU OF .70000 REC 09/20/02 PAY 09/27/02 DEBIT AMOUNT CPEOIT AMOUNT 9.17 TOTAL $9.17 Endo! Statement 027 102802:10:31 001 Y627 EFTA00196587 GEARED THRCUGH nS YRICUY OGNED SUBSIDIARY BEAR STEARNS O

T STATEMENT NOYeMINN 30. 2001 CREDIT AMOUNT 46.94 TOTAL $71.97 MISCELLANEOUS DATE MCOAT TRANSACTCN 12/31;01 JOURNAL DESCAIMON DEM AMOUNT CPEOIT AMOUNT 3,473,931.00 TOTAL $3.473.931.00 Your messages As part of the National Association of Securities Dealers (NASD) Investor Education Progr

PTOR TRAVELERS PROPERTY CASUALTY CORP CL A CASH IN LEU OF .71767 CITMROUP INC REC 08/09/02 PAY 08/20/02 SPIEFF FROM SEC # C007878 DEES AMOUNT CPEOIT AMOUNT 11.44 08/30/02 CASH-LIEU TRAVELERS PROPERTY CASUALTY CORP CLASS B CASH N UEU OF .95817 CITMROUP INC REC 0808/02 PAY 08/20/02 SINNOFF

Inc. 245 Park Avenue New Y New York 10167 39 Transaction Detail (continued) MISCELLANEOUS DATE MOTS« TRANSACTION DESCRIPTION DUST AMOUNT CPEOIT AMOUNT 01/02/01 JOURNAL MARK TO MARKET 61,054.00 01/02101 JOURNAL MARK TO MARKET SHORT POS 61.054.00 01/03/01 JOURNAL OFFSET FROM BKD P&L