8 Net Cash Balance $62,758.64 $64,805.18 Your Portfolio Allocation Cash & Equlaeni . Your Portfolio Holdings CASH & CASH EQUIVALENTS MARKET ESTMATW DESCRIPTION SNABOLCUSP OUANTITY PACE VALUE ANNUAL INCOIAE CASH BALANCE 64.805 TOTAL CASH & CASH EQUIVALENTS 864.805 — Soothes 99% UnSv0e

QUIVALENTS 5974.344 FIXED INCOME Government & Agency Obligations DESCRPRON SIRSOLCUSP ACV' TYPE DUMMY PLACE IAARKET VALLE ACCRUED MEREST ESTMATW ANNUAL iNCOME CURREN, VELD IV FEDERAL HOME LOAN MTG CORP MRGN 15.029,420 9,5203 1.430.842 32.862 739.447 51.6792 SERIES 2530 CLASS SE DAT

NLY DUE 01/2512033 5.900% FACTOR .67086868 Total Government& Agency Obligations $7.63&423 $141.543 $4.659.677 Corporate Bonds ACCT ACCRUED ESTMATW CURRENT DESCWPTION SWABOUCUSP TYPE OLIAMITY PRICE MARKET VALLE ItiTEPEST ANNUAL INCOME yELD INi FANNIE MAE CM0/SERIES 2003-13 MRGN 32,36

rs can access this research at wvv.bearsteams,com or can call (800) 517-2327 to request that a copy of this research be sent to them, ACCT MARKET ESTMATW MIRRBer DESCRFOON 5111BWCUSIP Met QUANTITY PRCE OWE ANNUM. MOUE Yee 0,) BEAR STEARNS COMPANIES INC BSC CASH 200,000 99.0400 19.808.000