Statements

Statements EFTA00196295 CLEARED IHRWOH YiliCkLY 1e.E0 SUBSIDIARY BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New York. New York 10179 Beer. Szeams Sebritin Cap. Cc* Metsoush Center North Bescrom. New York 11201.3559 FINANCIAL TRUST CO INC ACCOUNT EXECUTIVE GNMA GOVT BOND STATEMENT PER•00 November 30.2002 VISIT OUR WEBSITE vevAv.bearsteams.com THROUGH December 31.2002 ACCOUNT NUMBER What's In This Statement 11111111111111111 II TAXPAYER Ter TER On File LAST STATEMENT November 29.2002 Financial Summary 3 FINANCIAL TRUST CO INC Your Portfolio Holdings 4 CIO JEFFREY EPSTEIN Transaction Detail 5 6100 RED HOOK QUARTER STE 63 Trades Not Yet Settled 11 ST THOMAS VI 00802 Your Portfolio at a Glance TOTAL VALUE OF SECURES THIS PERIOD' 13,715,716 Cash a Equivalent LONG ACCRUED INTEREST 509,313 Flied NET CREDIT BALANCE 24,520 Income NET EQUITY THIS PERIOD $14,249,549 NET EQUITY LAST STATEMENT 7,885,