STATEMENT AO 27.2001 CEMENT AMOUNT 6.51 TOTAL $6.51 INTEREST DATE OESCMPTKil 05/21/01 INTEREST ONCREDIT BALANCE AT 3 1/2% 05/15 MAU 05/20 SYMBOL.CUSJP OUNDT0Y RATE II./ 3.5000 DEBIT AMOUNT CREDO AMOUNT 29.31 05/21/01 INTEREST ONCREDIT BALANCE AT 4.000% 04,21 THRU 05114 TOTAL 4.0000 862.9

4 CREDIT AMOUNT REPURCHASE AND REVERSE REPURCHASETRANSACTIONS with Bear,Stearns& Co. Inc. SETTLEMENT TRADE DATE DATE TRANSACTION DESCRPTION SYMBOL.CUSJP 0.:NYHTY MIT AMOUNT 0801105 JOURNAL FEDERAL NATIONAL MTO ASSN -8.299.585 5.923.000.00 SERIES 352 CLASS 1 0.001 DUE 07/01/34 FITM F2133186