r. Sirs Sew% es Cap. Pat Uelroltth C NOT INTOtp. New no I 1201.31.10 (2121 212.1000 INTERNATIONAL CHARITABLE INTS ACCOUNT DEMME 2101ERMAN.IRA TELEPIONE YEN OUR WEBSITT traw.Deaistearns.com STATEMENT PONCO TwiaeOCH Janu.ty 1.2002 January 25. 2002 What's In This Statement I II II II Mill LH II

D SUBSIDIARY BMR STMRNS OFFICE SERVICING YOUR ACCOIFIT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New York, New York 10179 ACCOUNT EXECUTIVE TELEPIONE VISIT OUR WEEISITE ZI:HERIvIAN.IRA amv.uea'stearns.com What's In This Statement Financial Summary 3 Your Portfolio Holdings 4 Transact