vision-fixhub/ds9-unparsed-05/020d80b1e89cd0dc6bc22105d43f35d82c8ae7f7f097347cb634dfd211575bf2.md

Statements

ACCOUNT EXECUTIVE TELEPHONE VISIT OUR WEBSITE ZICHERMAN, IRA www.bearstearns.com What's In This Statement Financial Summary ••••••••••••••••••••••//I/ Your Portfolio Holdings Transaction Detail Fund Activity ..... Your Messages Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD December 1, 2001 THROUGH December 31, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File November 30, 2001 3 Hollandlol FINANCIAL TRUST CO TTEE DTD 7-30-91 * ATTN JEANIE BRENNAN 6100 RED HOOK QUARTER STE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 2,945.000 1,368,454 4,098,139 $8,411,593 •••••••••••• 8,396,973 14,620 There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Market Value of Your Portfolio Cash & Equivalent Equities $2,945,000 Important Message any information regardir $5.466.593 $5,456,973 001 interest, dividend miscellaneous income gross proceeds or origina $4,166,300 : 51-22488 reported to the is tor Current market value Last statement's market value Short market value Da March 152022: 10425 Flease report any diference or non-receipt of checks or stocks, indicated as delivered to you, to Clent Services at 800-634-1428; or Write to Clent Services at Bear, Steams Securities Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859. SP The suremen is four ratanal purger red de Set revere date for portant iformation.

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 027

Cash Flow Analysis Opening Balance Money Fund Dividends/Interest Amount Credited Money Fund Amount Debited. Net Cash Activity Closing Balance appear in Transaction Detal Bear, Stears & Co. Inc. 383 Madison Avenue New York, New York 10179 THIS PERICO $1,366,840.20 ... .. 8,006.44 1,613.65 $9,620.09 •........ -8,006.44 -8,006.44 .. . . 1,613.65 .51.368.453.85 Income Summary Dividends Credit Balance Int. THIS PERIOD 8,006.44 186.55 $8.192.99 Portfolio Composition Cash/Cash Equivalent Equities Total Cash Balance Summary Cash Margin Short Net Cash Balance OPENING 38,614.02 121,226.30 1,206,999.88 $1,366,840.20 CLOSING 38,800.57 1,329,652.30 0.98 ..... $1,368,453.85 ...... 027 YEAR TO DATE 193,955.43 28,925.93 $222,881.36 ..... 5,466,593 2,945,000 $8,411,593 LEARED THROUGH I HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD December 1, 2001 THROUGH December 31, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File November 30, 2001 Your Portfolio Allocation Equities 35% Cash & Equivalent- 65% Unshaded portions denole debi balance and'or short

4 of 7 Your Portfolio Holdings CASH & CASH EQUIVALENTS Bear, Steams & Co. Inc. 383 Madison Avenue New York, New York 10179 CASH BALANCE ... . DREYFUS CASH MANAGEMENT-CLA TOTAL CASH & CASH EQUIVALENTS EQUITIES Equities & Options TYCO INTERNATIONAL LTD Total Equities& Options TOTAL EQUITIES YOUR TOTAL ESTIMATED ANNUAL INCOME YOUR PRICEDPORTFOLIOHOLDINGS SYMBOLCUSIP DICCX QUANTITY 4,098,139.09 1.0000 SYMBCUCUSIP TYC CASH QUANTITY 50,000 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD December 1, 2001 THROUGH December 31, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File November 30, 2001 MARKET VALUE 1,368,454 4,098,139 $5,466,593 ESTIMATEL NUAL INCOM *••••••••••-• 94,257 2.3000 $94,257 PRICE 58.9000 MARKET VALUE 2,945,000 $2,945,000 $2,945,000 $96,757 $8,411,592 ESTIMATED ANNUAL INCOME 2,500 $2,500 $2,500 CURRENT YIELD 15) 0.0849 027

Transaction Detail INVESTMENT ACTIVITY SEEMENT TREE 12/27/01 i22701 12/28/01 ANSACTN JUANA JÖURNAL JÖURNALI

"JOÜRNAL" 12/28/01 "JÖUANAL i2/28/01 TOTAL MONEY FUND ACTIVITY DATE MONDAY 12/01/01 1203/01 TRANSACTION DIVDEND 12/03/01 REINVEST Bear, Steams & Co. Inc. 383 Madison Avenue New York, New York 10179 PNC FINANCIAL SVCS GROUP INC JOURNAL FROM TYPE 1 TO 2 PNG FINANCIAL SVES GROUP INC JOURNAL FROM TYPE 1 TO 2 TYCO INTERNATIONAL LTD JOURNAL FROM TYPE 1 TO S TO CLOSE OUT SHORT POS PNE FINANCIAL SVES ACUPING OURNAL FROM TYPE 2 TO! TO CLOSE OUT SHORT POS "PINCTINANCIAL SVES GROUP'ING" JOURNAL FROM TYPE 2 TO TO CLOSE OUT SHORT POS LOVANA. FROM TEA TOS TO CLOSE OUT SHORT POS OPENINGBALANCE PRETONA MAN CEMENT ELA MONTHLY DIVIDEND PRIETONAS MANAGEMENTOLA DIVIDEND REINVESTED PRICE CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD December 1, 2001 THROUGH December 31, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File November 30, 2001 SYMBOLCUSIP PNC PNC** "TYC *PNE "'NC TYC QUANTITY

• 10,000 10,000 71,000 :10,000 10,000 11,000 SYMBOUCUSIP "DiCCX BICCX QUANTITY 4,090,132.65 8.006.44 PRICE 8.006.44 8,006.44 027

Bear, Stears & Co. Inc. 383 Madison Avenue New York, New York 10179 6 of 7 Transaction Detail (continued) MONEY FUND ACTIVITY (continued) DATE MONDAY 12/31/01 TOTAL TRANSACTKN CLOSINGBALANCE INTEREST DATE 12/21/01 12/2701 12/21/01 TOTAL INTEREST ON CREDIT BALANCE AT 1 1/4% 12/11 THRU 12/20 "INTEREST ON CREDIT BALANCE AT 1 1/2% 11/21 THRU 12/10| ......... . . IT ACCT FEE 11/21-12200 MISCELLANEOUS SYMBOL/CUSIP DATE MO/DAY 12/03/01 i2/03/01 12/10/01 12/1001

1224/01 TAANSACTION JOURNAL' JOURNAL" JOUANAL JOUANAL JOUANAL' JOURNAL" MARK TO MARKET "MARK TO MARKET SHORT POS MARK TO MARKET "MARK TO MARKET SHORT POS" MARK TO MARKET MARK TO MARKET SHORT POS 'MARK TO MARKET "MARK TO MARKET SHORT POS SYMBOUCUSIP QUANTITY 4,098,139.09 PRICE QUANTITY RATE (%) 1.2500 1.5000 19,300.00 .......... 8.940.00 72,139.00 33,172.00 027 CRECIT AMOUNT "19,300.00 *8,940.00 ,139. 33,172.00 CLEARED THROUGH IT: "HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD December 1, 2001 THROUGH December 31, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File November 30,2001 $-8,006.44 $8.006.44 55.71 130.84 1,427.10 $1,613.65

Bear, Steams & Co. Inc. 383 Madison Avenue New York, New York 10179 Transaction Detail (continued) MISCELLANEOUS (continued) DATE MO/DAY 12/31/01 12/31/01 TOTAL RANSACTA SURNA ESCRIPTIOR JARK TO MARKE MARK TO MARKET SHORT POS Your messages As part of the National Association of Securities Dealers (NASD Investor Education Program, you may obtain information on th STOP ****** End of Statement****** 1,197,699.00 $-1,331,250.00 1, 197,699.00 $1,331,250.00 027 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD December 1, 2001 THROUGH December 31, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File November 30, 2001

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ACCOUNT EXECUTIVE ZICHERMAN. IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Financial Summary .............................. Your Portfolio Holdings Transaction Detail ................................. Fund Activity .......••••••••••••••••••IIIIIIIIII/I CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD October 27, 2001 THROUGH November 30, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File October 26,2001 3 4 Hollandiml FINANCIAL TRUST CO TTEE DTD 7-30-91 * ATTN JEANIE BRENNAN 6100 RED HOOK QUARTER STE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD 2,940,000 1,366,840 4,090,133 $8,396,973 NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 7,968,968 428,005 There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Market Value of Your Portfolio Cash & Equivalent Equities $5,456,973 $5,443,968 $4,166,300 : $-1,226,300 $3,658,000 : S-1,133,000 Current market value Last statement's market value Short market value Flease report any diference or non-receipt of checks or stocks, indicated as delivered to you, to Clent Services at 800-634-1428; or Write to Clent Services at Bear, Steams Securities Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859. SIP The suremen is foul ratanal purger red de Set revere die for portant iformation. 12/01/01:10:46 001

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 027 12/01/01:10:46 001

3 ore Cash Flow Analysis THIS PERICO Opening Balance $1,363,408.10 .... Money Fund 9,573.11 Funds Deposited 740.00 Dividends/Interest 2,829.60 Amount Credited $13,142.71 Money Fund -9,573.11 Dividends/Interest Charged

• 137.50 Amount Debited 59.710.61 Net Cash Activity 3,432.10 Closing Balance
• 510366,84020 Same day ransfers of cash between account types are not included in this section; such transfers, as well as details for all other transactions this period, appear in Transaction Detall. Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 Cash Balance Summary Cash Margin Short Not Cash Balance OPENING 36,747.69 262,384.30 1,064,276.11 51.36340000 Income Summary THIS PERIOD Dividends 10,335.61 Credit Balance Int. 363.83 Total $10.699.44 Portfolio Composition SHORT Cash/Cash Equivalent Equities Total 1,226,300 .$1.226.300 027 CLOSING 38,614.02 121,226.30 1,206,999.88 .51.366.340.20 YEAR TO DATE 185,948.99 28,739.38 ....... $214,688.37 LONG 5,456,973 4,166,300 59.623.273 12/01/01:10:46 001 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD October 27, 2001 THROUGH November 30, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File October 26,2001 Your Portfolio Allocation Cash & Equivalent- 51% Equities 38%
• Short Equities 11% Unshaded portions denote debit balance and'or short from the absolute marker value of your portiolo.

Your Portfolio Holdings CASH & CASH EQUIVALENTS CASH BALANCE . . . . DREYFUS CASH MANAGEMENT-CLA TOTAL CASH & CASH EQUIVALENTS EQUITIES Equities & Options PINC FINANCIAL SVOSGROUP INC a •••••••••••••••••••••••••••••••••••••• NC FINANCIAL SVCSGROUP IN TYCO INTERNATIONAL LTD** _.... TYCO INTERNATIONAL LTD Total Equities& Options TOTAL EQUITIES YOUR TOTAL ESTIMATED ANNUAL INCOME YOUR PRICED PORTFOLIOHOLDINGS OFFICE SERVICING YOUR ACOUNT Bear, Steams & Co. Inc. 383 Madison Avenue New York. New York 10179 SYMBOLCUSIP DICCX QUANTITY 4,090,132.65 PRICE 1.0000 SYMBCUCUSIP PNC PNG TYC TYC CASH SHRT CASH ........ SHRT QUANTITY 10,000 10,000 .... 31,00 .. .. -11,000 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD October 27, 2001 THROUGH November 30, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File October 26, 2001 MARKET VALUE 1,366,840 4,090,133 $5,456,973 ESTIMATED INNUAL INCOME 114,524 2.8000 $114,524 PRICE 57.9500 ••••••••••••••:: 57.9500 .... 58.800đ .... 58.8000 MARKET VALUE 579,500 •••••••••••• -579,500 3,586,800 -646,800 $2,940,000 $2,940,000 $117,024 $8,396,973 ESTIMATEC CURRENI ANNUAL INCOME YIELD (% 19,200 3.3132 •••••••••••••••••••••••••••• 19,200 3.3132 ..... .. . . 3,050 0.0850 ....... -550 $2,500 0.0850 $2,500 027 1201/01;10:46 001

Bear, Steams & Co. Inc. 383 Madison Avenue New York, New York 10179 5 ord Transaction Detail DEPOSITS AND WITHDRAWALS 11/19/01 TOTAL TRANSACTION DEPOSIT HERITAGE INTS 00 BS MORGAN MONEY FUND ACTIVITY RADEAN TRANSACTION 10/27/01 1/61101BMBEND 19884781'AEINVEST OPENINGBALANCE ALYFUS CASH MANAGEMENT-CL STITUTIONAL SHARE MONTHLY DIVIDEND '''BREYFUS CASA MANAGEMENT-CLA' INSTITUTIONAL SHARES DIVIDEND REINVESTED CLOSINGBALANCE 11/30/01 TOTAL DIVIDENDS DATE 11/01/01 REG 0OI01 PAY 10101 11101/01 *TYCO INTERNATIONAL LTD SINO CUST TOTAL CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD October 27, 2001 THROUGH November 30, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File October 26, 2001 740.00 $740.00 SYMBOUCUSIP "ВЄСХ" '''''DICEX" QUANTITY 61,000 QUANTITY 4,080,559.54 '''9.578:17 4,090,132.65 RATE (S) 0.0125 027 PRICE 137.50 $-137.50 12/01/01:10:46 001 #'9.578.77 $-9,573.11 762.50 $762.50 CREDIT AMCUNT ''9:573:11 $9,573.11

Transaction Detail (continued) INTEREST DATE 11/21/01 AT 112% NO TH HANGE 11/20 1721701 INTEREST ON CREDIT BALANCE 1021/01 T 2.000% 10/21 THRU 11/05 *SHTACCT FEE 10/21-112001 TOTAL MISCELLANEOUS DATE MODAY 10/29/01 10/29/01 11705/01 11765/01 17201

11/19/01 11719/01 11/26/01 11/26/01 TOTAL TRANSACTION JOUANAL JOUANAL' JOUANAL' JOURNALi JOUANAL JOURNAL' Bear, Steams & Co. Inc. 383 Madison Avenue New York, New York 10179 SYMBOUCUSIP MARK TO MARKET MARK TO MARKET SHORT POS "MARK TO MARKET '''MARK TO MARKET SHORT POS "MARK TO MARKET MARK TO MARKET SHORT POS MARK TO MARKE MARK TO MARKET SHORT POS 'MARK TO MARKET* MARK TO MARKET SHORT POS STOP ** End of Statement****** QUANTITY RATE (%) 1.5000 • 220000 68,723.00 7,751.00 63389.00 4,559.00 24,356.00 $-165,778.00 027 68,723.00 7,751.00 63,389.00 ,559.0 21.356.00 $165,778.00 12/01/01:10:46001 CLEARED THROUGH IT HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD October 27,2001 THROUGH November 30, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File October 26,2001 126.00

• 237.83 1.703.21 $2,067.10

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ACCOUNT EXECUTIVE ZICHERMAN. IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Financial Summary .............................. Your Portfolio Holdings Transaction Detail Fund Activity ...................../.................. Your Messages ................................I..... CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD September 29, 2001 THROUGH October 26, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File September 28, 2001 3 5 8 FINANCIAL TRUST CO TTEE DTD 7-30-91 * ATTN JEANIE BRENNAN 6100 RED HOOK QUARTER STE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT Market Value of Your Portfolio 2,525.000 1,363,408 4,080,560 $7,968,968 ••••••••/•••••••••••• 7,887,989 80,979 Cash & Equivalent Equities $5.443,968 $5,617,989 $3,658,000 : $-1,133,000 $3,348,000 : $-1,078,000 Current market value Last statement's market value Short market value There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Flease report any diference or non-receipt of checks or stocks, indicated as delivered to you, to Clent Services at 800-634-1428; or Write to Clent Services at Bear, Steams Securities Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859. SP The suren s four or ratanal purposes red die Set revere date for portant iformation. 10/27/01;09:11001

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 027 10/27/01:09:11 001|

Bear, Stears & Co. Inc. 383 Madison Avenue New York, New York 10179 Cash Flow Analysis THIS PERICO Opening Balance 1,374,042.6 .. . . Money Fund 186,613.24 Dividends/Interest 7,184.48 Amount Credited $193,797.72 Money Fund -11,613.24 Funds Withdrawn -188,019.00 Dividends/Interest Charged -4,800.00 Amount Debited $-204,432.24 Net Cash Activity -10,634.52 *.... losing Balance .............. $1,363,408.10 Same day ransfers of cash between account types are not included in this section; such transfers, as well as details for all other transactions this period, appear in Transaction Detall. Cash Balance Summary Cash Margin Short Not Cast Balance OPENING CLOSING 44,407.40 36,747.69 356,634.30 262,384.30 973,000.92 1,064,276.11 51.374042.62 3.368.40.10 Income Summary THIS PERIOD Dividends 16,413.24 Credit Balance Int. 559.29 ... . Total .$16.972.53 YEAR TO DATE 175,613.38 28,375.55 ... .. $203,988.93 Portfolio Composition SHORT Cash/Cash Equivalent Equities Total 1,133,000 .51.133.000 LONG 5,443,968 3,658,000 $9,101,968 027 10/27101;09:11 001 LEARED THROUGH IT: WHOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD September 29, 2001 THROUGH October 26, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File September 28, 2001 Your Portfolio Allocation Cash & Equivalent! 54% Equities 35% Short Equities 11% Unshaded portions denote debit balance and'or short from the absolute market value of your portlolo.

4 of a Your Portfolio Holdings CASH & CASH EQUIVALENTS CASH BALANCE ... . DREYFUS CASH MANAGEMENT-CLA TOTAL CASH & CASH EQUIVALENTS EQUITIES Equities & Options PINC FINANCIAL SVOSGROUP INC ва•••••••••••••••••••••••••••••••••••••••••• NC FINANCIAL SVCSGROUP IN TYCO INTERNATIONAL LTD** ... TYCO INTERNATIONAL LTD Total Equities& Options TOTAL EQUITIES YOUR TOTAL ESTIMATED ANNUAL INCOME YOUR PRICED PORTFOLIOHOLDINGS Bear, Steams & Co. Inc. 383 Madison Avenue New York, New York 10179 SYMBOLCUSIP DICCX QUANTITY 4,080,559.54 PRICE 1.0000 SYMBCUCUSIP PNC PNG TYC TYC CASH SHRT CASH ... SHRT QUANTITY 10,000 10,000 31,000 .. .. -11,000 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD September 29, 2001 THROUGH October 26, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File September 28, 2001 MARKET VALUE 1,363,408 4,080,560 $5,443,968 ESTIMATED INNUAL INCOME ••••••••••••••••••••••••• 134,658 3.3000 $134,658 PRICE 57.7500 •••••••••••••• 57.7500 ....... 50.500đ ... 50.5000 MARKET VALUE 577,500 308030) -555,500 $2,525,000 $2,525,000 $137,158 $7,968,968 ESTIMATED CURRENI ANNUAL INCOME YIELD (% 19,200 3.3247 •••••••••••••••••••••••••••• 19,200 3.3247 ..... ... . .. 3,050 0.0990 ... . . -550 $2,500 0.0990 $2,500 027 10/27/01;09:11001

Bear, Steams & Co. Inc. 383 Madison Avenue New York, New York 10179 5 ora Transaction Detail INVESTMENT ACTIVITY SATEMENT TREE T0/24/01 TOTAL TRANSACTION EXPIRED CALL TYCO INTL OCT 055**** EXP 10/20/2001 DEPOSITS AND WITHDRAWALS DATE 10/01/01 TRANSACTION FND WIRED HOURS BANK $ COMING FROM DREYFUS WIRED TO 10/25/01 10126/01 TOTAL CHECK CHECK CAURENCE NEWMAN MONEY FUND ACTIVITY DATE MODAY 09/29/01 TRANSACTION iö/01/01" 'SOLD" 10/01/01 DIVIDEND OPENINGBALANCE PASSASE MANAGEMEN CLA RETTIONA SHAALAGEMENTCLA MONTHLY DIVIDEND SYMBOLCUSIP 9021249J7 QUANTITY 500 PRICE CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD September 29, 2001 THROUGH October 26, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File September 28, 2001 CRECIT AMOUNT 174,484.00 7,735.00 5,800.00 $-188,019.00 SYMBOL/CUSIP QUANTITY 4,243,946.30 :175,000 PRICE 1.0000 175,000.00 11.613.24 027 10127101;09:11 001

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 6 of a Transaction Detail (continued) MONEY FUND ACTIVITY (continued) DATE MO/DAY TRANSACTION 70/01/01 REINVEST ....... 10/26/01 TOTAL REFIGHBRASS MANAGEMENT-CLA DIVIDEND REINVESTED CLOSINGBALANCE DIVIDENDS DATE 10/15/01 10/24/01 TOTAL PNC FINANCIAL SVCS GROUP INC DIV CHG 10000 SHS SHORT REC 10/12/01 PAY 10/24/01 PNC FINANCIAL SVES GROUP INC REC 10/12/01 PAY 10/24/01 SYMBOL/CUSIP PNC PNC INTEREST DATE 10/22/01 NTEREST ON CREDIT BALANCE AT 1 1/2% 09/21 THRU 09/23 iö/22/01 "INTEREST ON CREDIT BALANCE AT 21/2% 09/24 THRU 10/01 10/22/01 ''INTEREST ON CREDIT BALANCE AT 2.000% 10/02 THRU 10/20 SYMBOUCUSIP SYMBOUCUSIP DICCX QUANTITY 10,000 QUANTITY QUANTITY 11,613.24 4,080,559.54 RATE (S) 0.4800 RATE (%) 1.5000 2.5000 2.0000 027 PRICE 4,800.00 $-4,800.00 10/27/01;09:11001 CLEARED THROUGH IT: "HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD September 29, 2001 THROUGH October 26, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File September 28, 2001 11,613.24 $-11,613.24 $186,613.24 1,800.00 $4.800.00 30.85 215.89 *312.55

7 of a Transaction Detail (continued) INTEREST (continued) DATE 10/22/01 SHT ACCT FEE 09/21-102001 TOTAL MISCELLANEOUS TRANSACTION 10/01/01 18/81701 JOUANAL, 10/08/01 DÖUANAL' 10/08/01JOÜANAL 18/15781 JOURNAL" 10/15/01 JOURNAL, 10/22/01

TOTAL MARK TO MARKET MARK TO MARKET SHORT POS 'MARK TO MARKET.... ''''MARK TO MARKET SHORY POS "MARK TO MARKET 'MARK TO MARKET SHORT POS 'MARK TO MARKET .... MARK TO MARKET SHORT POS Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 SYMBOUGUSIP QUANTITY RATE (%) 99,999.00 9,530.00 3,349.00 11,930.00 $-124,808.00 120 CRECIT AMOUNT 9,999.1 9,530.00 3,349.00 11,930.00 $124,808.00 10/27/01:09:11001 CLEARED THROUGH IT HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD September 29, 2001 THROUGH October 26, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File September 28, 2001 1,825.19 $2,384.48

8 of a Bear, Steams & Co. Inc. 383 Madison Avenue New York, New York 10179 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD September 29, 2001 THROUGH October 26, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File September 28, 2001 Your messages 13F We are pleased to announce that we have moved ur world headquarters, previously located at 245 Park Avenue, to: 383 Madison Avenue New York, New York 10179 While our telephone numbers and e-mail addresses remain the same, some fax numbers have changed, Please check with your Account Executive. STOP ****** End of Statement****** 027 10/27/01:09:11001

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 ACCOUNT EXECUTIVE ZICHERMAN. IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Financial Summary .............................. Your Portfolio Holdings Transaction Detail Fund Activity ...................../................... Your Messages ................................I..... CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File August 31, 2001 3 5 6 Holmollell FINANCIAL TRUST CO TTEE DTD 7-30-91 * ATTN JEANIE BRENNAN 6100 RED HOOK QUARTER STE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT Market Value of Your Portfolio 2,270,000 1,374,043 4,243,946 $7,887,989 ••••••••• 8,133,222 -245,233 Cash & Equivalent Equities $5,617,989 $5,598,222 $3,348,000 : $-1,078,000 $3,834,850 : $-1,299,850 Current market value Last statement's market value Short market value There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Flease report any diference or non-receipt of checks or stocks, indicated as delivered to you, to Clent Services at 800-634-1428; or write to Clent Services at Bear, Steams Securities Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859. SP The suren s four or ratanal purposes rear die Set revere date for portant iformation. 09/29/01;10:55 001

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 027 09/29/01:10:55 001|

Cash Flow Analysis THIS PERICO Opening Balance 51.370.713.06 Money Fund 16,436.92 Dividends/Interest 3,329.56 Amount Credited $19,766.48 •........ Money Fund -16,436.92 Amount Debited. $-16,436.92 ........... Net Cash Activity 3,329.56 Closing Balance .51.374.042.6 Sation su rarine a enact ar al on areas tired in period. appaar in Transaction Detail. Income Summary Dividends Credit Balance Int. Total THIS PERIOD 16,436.92 365.66 .$16.802.58 Portfolio Composition SHORT Cash/Cash Equivalent Equities Total 1,078,000 $1.078,000 Cash Balance Summary Cash Margin Short Net Cash Balance OPENING 44,041.74 55,172.30 1,271,499.02 $1,370,713.06 CLOSING 44,407.40 356,634.30 973,000.92 .... $1,374,042.62 ........ 027 YEAR TO DATE 159,200.14 27,816.26 5187,016.40 LONG 5,617,989 3,348,000 .$8.965,989 09/29/01;10:55 001 LEARED THROUGH IT HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File August 31, 2001 Your Portfolio Allocation Cash & Equivalent! 56% Equities 34% Short Equities 10% Unshaded portions denote debit balance and or shart

4 of 7 Your Portfolio Holdings CASH & CASH EQUIVALENTS CASH BALANCE .... DREYFUS CASH MANAGEMENT-CLA ISTITUTIONAL SHARES OTAL CASH & CASH EQUIVALENTS EQUITIES Equities & Options PNG FINANCIAL SVOSGROUP ING PNC FINANCIAL SVCS GROUP INC TYCO INTERNATIONAL LE TYCO INTERNATIONAL LTD CALL TYCO INTL OCT 055**** EXP 10/20/2001 Total Equities& Options TOTAL EQUITIES YOUR TOTAL ESTIMATED ANNUAL INCOME YOUR PRICEDPORTFOLIOHOLDINGS SYMBOL/CUSIP DICCX QUANTITY 4,243,946.30 1.0000 SYMBOUCUSIP PNC PNC TYC TYCJ55 CASH SHRT THERESI CASH SHRT CASH QUANTITY 10,000 -10,000 61,000 -11,000 -500 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File August 31, 2001 MARKET VALUE 1,374,043 4,243,946 $5,617,989 MAUN NONE 157,026 3.7000 $157,026 PRICE 57.2500 57.2500 ••••••••• 45.5000 •...... 45.5000 0.1000 MARKET VALUE 572,500 572,500 2.775,500 500,50¢ -5,000 $2,270,000 $2,270,000 $159.526 $7,887,988 ESTIMATED INNUAL INCOME 19,200 19,200 3.050 -550 $2,500 $2,500 CURRENT YIELD (%) 3.3537 3.3537 .... 0.1099 0.1099 ..... 027 09/29/01;10:55 001

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 5 of7 Transaction Detail MONEY FUND ACTIVITY DATE MODAY TRANSACTION 09/01/01 05/04/01 DIVIDEND 09104/01 REINVEST OPENINGBALANCE PREYFUS CASH MANAGEMENT-CLA MONTHLY DIVIDEND 09/28/01 TOTAL CLOSINGBALANCER INTEREST SYMBOUCUSIP DICCX QUANTITY 4,227,509.38 16,436.92 4,243,946.30 16.436.92 $-16.436.92 DATE SYMBOUCUSIP 09/21/01 INTEREST ONCREDIT BALANCE AT 0 1/2% 09/19 THRU 09/19

'''INTEREST ONCREDIT BALANCE" QUANTITY RATE (%) 0.5000 1:5000 AT 1 1/2% 09/20 THRU 09/20 09/21101 I INTEREST ON CREDIT BALANCE 09/2101 AT 2 1/2% 09/17 THRU 09/18 '''INTEREST ON CREDIT BALANCE 2.5000 3.0000 AT 3.000% 08/21 THRU 09/16 02000312208/21-09200•••••••••••••••••••/••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••2963.90 SHT ACCT FEE 08/21-09 20 0 TOTAL 3.42 10.27 34.22 317.75 $3,329.56 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File August 31, 2001 16,436.92 $16,436.92 027

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 6 of 7 Transaction Detail (continued) MISCELLANEOUS DATE MO/DAY 09/04/01 09/04/01 09/1001 RANSACTION OURNAL JOURNAL" JOUANAL MARK TO MARKET "MARK TO MARKET SHORT POS "MARK TO MARKET 09/10/01 09717701" JOURNAL" *'MARK TO MARKET SHORT POS" MARK TO MARKET" 09/1701 QUANAMARK TOMARKET SHAP 09/24701 JOUANAL" 'MARK 18 MARKET" 09/24/01 JOURNAL" MARIK TO MARKET SHORT POS TOTAL CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File August 31, 2001 34,149.00 123.770.00 10,729.00 34,149.00 123,770.00 154,272.00 $-322,920.00 '0,728:00 154,272.00 $322,920.00 Your messages This statement is provided to explain Bear, Steams & Co. Inc,'s ('BS") payment for order flow practices, BSC routes a majority of orders for customer securities transactions to the primary market for such securities. Orders may also be routed to other market service vendors that assure executions pursuant to complex mathematical formulas at better than the national best bid or best offer (NBBO). BSC receives no cash payment or other consideration for such order routing other than favorabl executions or executions of limit orders at no additiona Beginning October 31, 2001, you may request the identity the time of the executions, if any, that resulted from such 027

Bear, Stears & Co. Inc. 45 Park Avenue New York, New York 10167 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File August 31, 2001 Bear, Stearns Securities Corp. Net Capital and Net Capital Requirements: At May 25, 2001 and July 27, 2001, the Company's net capital of $2,7 billion and $2,7 billion was approximatel 3.9% and 9.2% of aggregate debit items and exceeded th minimum regulatory net capital requirement of $605.5 million and $585,5 million by $2,1 billion and $2,1 billion, all respectively. A complete copy of the Bear, Stearns Securities Corp, Statement of Financial Condition is available on the web site www.bearstearns.com Alternatively, to request a free printed copy please call -toll free 1-866-299-9331 Securities and other assets in your account are the firm's collateral for any margin loan made to you, If the securities and other assets in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, the firm can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts held with the member, in order to maintain the required equity in the account, It is important that you fully understand the risks involved in trading securities on margin, These risks include the following: You can lose more funds than you deposited in the margin account, The firm can force the sale of securities or other assets in your accounts). The firm can sell your securities or other assets without contacting you. You are not entitled to choose which securities o other assets in your accounts) are liquidated or solo to meet a margin call. le firm can increase it's "house" maintenan‹ quirements at any time and is not required to provi you advance written notice. You are not entitled to an extension of time on a margin call. STOP ****** End of Statement****** 027

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 ACCOUNT EXECUTIVE ZICHERMAN. IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Financial Summary .............................. Your Portfolio Holdings Transaction Detail ................................. Fund Activity ...................../................. CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOO July 28, 2001 THROUGH August 31, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File July 27, 2001 3 4 Holmbolll FINANCIAL TRUST CO TTEE DTD 7-30-91 * ATTN JEANIE BRENNAN 6100 RED HOOK QUARTER STE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 2,535.000 Cash & Equivalent 1,370,713 Equities 4,227,509 $8,133,222 19,522,442 -11,389,220 Market Value of Your Portfolio $5.598.222 $10,004,169 $3,834,850 : S-1,299,850 $10,898,553 : $-1,380,280 Current market value Last statement's market value Short market value There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Flease report any diference or non-receipt of checks or stocks, indicated as delivered to you, to Clent Services at 800-634-1428; or Write to Clent Services at Bear, Steams Securities Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859. SP The suremen s four ratanal purger red de Set revere dise for portant iformation. 09101/01;10:37 001

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 027 09.01/01:10:37 001

Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Cash Flow Analysis THIS PERICO Opening Balance 51,399,797.60 Securities Sold 6,715,839.56 Money Fund 11,223,138.34 Dividends/Interest 7,138.80 Amount Credited $17,946,116.70 .. . . Money Fund -6,823,138.34 Funds Withdrawn -11,151,925.40 Dividends/Interest Charged -137.50 Amount Debited -17.975,201.2 Net Cash Activity -29,084.54 Closing Balance ... $1.370.713.06 Same day tansfers of cash between acount lypes are not included in this section; such transfers, as well as details for all other transactions this period. appear in Transaction Detail. Cash Balance Summary Cash Margin Short Nor Cash Balanc OPENING 76,465.02 104,018.30 1,219,314.28 51.399.797.60 Income Summary THIS PERIOD Dividends 23,902.44 Credit Balance Int. 2,898.46 Total $26.800.90 Portfolio Composition SHORT Cash/Cash Equivalent Equities Total 1,299,850 .$1.299.850 027 CLOSING 44,041.74 55,172.30 1,271,499.02 ........ $1,370,713.06 ••••••••••• YEAR TO DATE 142,763.22 27,450.60 ..... $170,213.82 LONG 5,598,222 3,834,850 59.433.072 09101/01:10:37 001 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOO July 28, 2001 THROUGH August 31, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File July 27, 2001 Your Portfolio Allocation Cash & Equivalentl 53% Equities 35% Short Equities 12% Unshaded portions denote debit balance andor shart

4 of a Your Portfolio Holdings CASH & CASH EQUIVALENTS CASH BALANCE .... DREYFUS CASH MANAGEMENT-CLA ISTITUTIONAL SHARES OTAL CASH & CASH EQUIVALENTS EQUITIES Equities & Options PNG FINANCIAL SVOSGROUP ING PNC FINANCIAL SVCS GROUP INC TYCO INTERNATIONAL LE TYCO INTERNATIONAL LTD CALL TYCO INTL OCT 055**** EXP 10/20/2001 Total Equities& Options TOTAL EQUITIES YOUR TOTAL ESTIMATED ANNUAL INCOME YOUR PRICEDPORTFOLIOHOLDINGS SYMBOL/CUSIP DICCX QUANTITY 4,227,509.38 1.0000 SYMBOUCUSIP PNC PNC TYC TYCJ55 CASH SHRT CASH SHRT CASH QUANTITY 10,000 -10,000 61,000 •....... -11,000 -500 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOO July 28, 2001 THROUGH August 31, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File July 27, 2001 MARKET VALUE 1,370,713 4,227,509 $5,598,222 NUAL INCON LET NOT CON 164,873 3.9000 $164,873 PRICE 66.5900 66.5900 51.9500 51.9500 1.2500 MARKET VALUE 665,900 -665,900

1. 168.950 571,45¢ -62,500 $2,535,000 $2,535,000 $167,373 $8,133,222 ESTIMATED INNUAL INCOME 19,200 19,200 3.050 -550 $2,500 $2,500 CURRENT YIELD (%) 2.8833 2.8833 0.0962 ...... 0.0962 027 0901/01:10:37 001

Bear, Steams & Co. Inc. 245 Park Avenue New York, New York 10167 5 or 8 Transaction Detail INVESTMENT ACTIVITY SATE EMENT TATE DATE 08/07/01 08/02/01 TRANSACTION 08/67/01 08/0201 08/0801 08/03/01 MEDTRONIC ING WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE PINE FINANCIAL SVES GAOUP INC" UNSOLICITED DTRONIC INI WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE TOTAL DEPOSITS AND WITHDRAWALS DATE 08/03/01 TRANSACTION FND WIRED 08/30/01 END WIRED (S COMING FROM DREYFUS) ....... MECHANGE ME SWIRED TO $ COMING FROM DREYFUS TOTAL MONEY FUND ACTIVITY DATE MODAY 07/28/01 TRANSACTION OPENINGBALANCE SYMBOLGUSIP MDT MDT QUANTITY -33,961 22,472 -80,000 PRICE 46.38850 67.02320 45.53390 CLEARED THROUGH ITE WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOO July 28, 2001 THROUGH August 31, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File July 27, 2001 1,573,307.17 1,504,744.32 3,637,788.07 $6,715,839.56 8,280,000.00 2,871.925.40 $-11,151,925.40 SYMBOLCUSIP QUANTITY 8,604,371.04 027 PRICE 09101/01:10:37 001

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 6 of a Transaction Detail (continued) MONEY FUND ACTIVITY (continued) DATE MO/DAY TRANSACTION 08/01/01 DIVIDEND Ö8/01701 REINVEST ö8/63/01$0* RETYEHIONASS MANAGEMENT-CLA MONTHLY DIVIDEND REBASE MANGEMENTCLA DIVIDEND REINVESTED ö8/08/01 BOUGHT sEll RESCHBAS MENAGEMENT-CLA 08/13/01 BOUGHT 88/30/01 RATHOMAS SHANAGEMENTOLA" S/D BUY • STUNAS SHARESEMENTELA 08/31/01 TOTAL CLOSINGBALANCE DIVIDENDS DATE 08/01/01 ....... TYCO INTERNATIONAL LTD REC 07/02/01 PAY 08/01/01 . . . . SYMBOUCUSIP TYC SYMBOUCUSIP DICCX "DICCX BICCX BICCX "DiCEX" QUANTITY 61,128 CLEARED THROUGH IT: WHOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD July 28, 2001 THROUGH August 31, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File July 27, 2001 23,138.34 23,138.34 8.300,000.00 3,000,000.00 3,800,000.00 QUANTITY PRICE 23,138.34 '3,300,000 1.0000 3,000,000 3,800,000 2500,000 4.227,509.38 RATE (S) 0.0125 1.0000 10000* 7:0000 027 09101/01:10:37 001 '2,900,000.00 $11,223,138.34 $-6,823,138.34 764.10 .......

7 of a Transaction Detail (continued) DIVIDENDS (continued) DATE 08/01/01 TYCO INTERNATIONAL LTD DIV CHG 11000 SHS SHORT REC 07/02/01 PAY 08/01/01 TOTAL INTEREST DATE 08/21/01 0821/01 TOTAL INTEREST ON CREDIT BALANCE AT 3 1/4% 07/21 THRU 08/20 SHT ACCT FEE 07/21-08 20 01 MISCELLANEOUS 07/30/01

08/06/01 08/06/01 08/13/01 08/13/01 08/20/01 08/2001 68/27781 TRANSACTION "JOUANAL JOUANAL JOUANAL' JOUANAL JOUANAL JOUANAL "JOUANAL" JOUANAL" MARK TO MARKET "MARK TO MARKET SHORT POS '''MARK TO MARKET* "MARK TO MARKET SHORT POS ''MARK TO MARKET "MARK TO MARKET SHORT POS "MARK TO MARKET 'MARK TO MARKET SHORT POS "MARK "TO MARKET OFFICE SERVICING YOUR ACOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York. New York 10167 SYMBOUCUSIP TYC SYMBOUCUSIP QUANTITY RATE (S) QUANTITY RATE (%) 3.2500 15,965.00 19,648.00 11,980.00 11,509.00 12782:00 027 137.50 $-137.50 15,965.00 19,648.00 11,980.00 17,509.00 09101/01:10:37 001 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD July 28, 2001 THROUGH August 31, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File July 27, 2001 $764.10 2,898.46 3.476.24 $6,374.70

8 ora Bear, Steams & Co. Inc. 245 Park Avenue New York, New York 10167 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOO July 28, 2001 THROUGH August 31, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File July 27, 2001 Transaction Detail (continued) MISCELLANEOUS (continued) DATE MO/DAY 08/27/01 TOTAL TRANSACTION MARK TO MARKET SHORT POS $-71,864.00 RECIT AMOUNT 12,762.00 $71,864.00 STOP ****** End of Statement****** 027 09/01/01:10:37 001

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 ACCOUNT EXECUTIVE ZICHERMAN. IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Financial Summary .............................. Your Portfolio Holdings Transaction Detail ................................. Fund Activity ...................../................... CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD June 30, 2001 THROUGH July 27, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File June 29, 2001 3 6 FINANCIAL TRUST CO TTEE DTD 7-30-91 * ATTN JEANIE BRENNAN 6100 RED HOOK QUARTER STE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 9,518,273 1,399,798 8.604.371 $19,522,442 sassina 19,140,918 381,524 There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Market Value of Your Portfolio $10,004,169 $7,933,463 Cash & Equivalent Equities $10,898,553 : S-1,380,280 $12,684,855 : S-1,477,400 Current market value Last statement's market value Short market value Flease report any diference or non-receipt of checks or stocks, indicated as delivered to you, to Clent Services at 800-634-1428; or Write to Clent Services at Bear, Steams Securities Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859. SP The suremen is four or ratanal purger rear die Set revere dae for portant iformation. 07/28/01;10:18 001

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 027 07/28/01:10:18 001|

Cash Flow Analysis Opening Balance Securities Sold Money Fund Funds Deposited Dividends/Interest Amount Credited THIS PERIOD 51,33.163.05 1,935,648.29 4,371.04 2,872,727.64 40,913.62 $4,853,660.59 Money Fund Funds Withdrawn Dividends/Interest Charged Miscellaneous -2,004,371.04 -210,898.00 -4,800.00 -2,567,257.00 Amount Debited $-4.787,326.04 Net Cash Activity 66,334.55 Closing Balance. _ 51399.797.60 Same day transfers of cash between account types are not included in thi section; such transfers, as well as dotalls for all other transactions this period appear in Transaction Detal. Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Cash Balance Summary Cash Margin Short Not Cash Balance OPENING 8,765.37 56,397.30 1,268,300.38

Income Summary Dividends Credit Balance Int. Total THIS PERIOD 40,910.36 939.40 ... . .. $41.849.76 Portfolio Composition SHORT Cash/Cash Equivalent Equities Total 1,380,280 $1.380,280 027 CLOSING 76,465.02 104,018.30 1,219,314.28 535.398-7937.0 YEAR TO DATE 118,860.78 24,552.14 $143,412.92 LONG 10,004,169 10,898,553 $20.902,722 07/28/01:10:18 001 LEARED THROUGH IT: WHOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOO June 30, 2001 THROUGH July 27, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File June 29, 2001 Your Portfolio Allocation Cash & Equivalent! 45% Equities 49% Short Equities- 6% Unshaded portions denote debit balance and'or short from the absolute market value of your portlolo.

4 of 7 Your Portfolio Holdings CASH & CASH EQUIVALENTS CASH BALANCE ... . DREYFUS CASH MANAGEMENT-CLA ISTITUTIONAL SHARES OTAL CASH & CASH EQUIVALENTS EQUITIES Equities & Options DESCRPTION MEDTRONIC INC PNC FINANCIAL SVCSGROUP INC PINC FINANCIAL SUSGROUP INC TYCO INTERNATIONAL LTD FICO NEANATIONAL LTD CALL TYCO INTL OCT 055** EXP 10/20/2001 Total Equities& Options TOTAL EQUITIES YOUR TOTAL ESTIMATED ANNUAL INCOME YOUR PRICED PORTFOLIOHOLDINGS SIMBOLCUSP DICCX QUANTITY 8,604,371.04 SYMBOUCUSIP MDT PNC PNC TYC TYC TYCJ55 CASH CASH SHRT CASH SHAT CASH QUANTITY 113,961 32,472 •*•••••• 10,000 61,000 1,00 -500 PRICE 1.0000 PRICE 48.5500 .... 64.5900 64.5900 53.5800 3.5800 2.9000 MARKET VALLE 1,399,798 8,604,371 $10,004,169 MARKET VALUE 5,532,807 2.097,366 -645,900 3.268,380 -589,380 -145,000 $9,518,273 $9,518,273 $424,636 $19,522,441 027 LEARED THROUGH IT HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD June 30, 2001 THROUGH July 27, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File June 29, 2001 ANNE MATERE ... 352,779 $352,779 ESTIMATE WNUAL INCOM 26.211 62,346 19,200 3,050 -$50 $71,857 $71,857 CURRENT YIELD (%) 0.4737 2.9726 2.9726 ..... 0.0933 0.0933 07/28/01;10:18 001

Transaction Detail INVESTMENT ACTIVITY DETLEMENT TADE RANSACTIO 07/13/01 SURNA 07713/01 JÖURNAL 07718/01 07/3/01" "SOLD" 07/18/01 07/13/01 1 SOLE TOTAL DEPOSITS AND WITHDRAWALS DATE 07/02/01 TAANSACTION FND WIRED 07/0201 FUNDS REC 07/09/01 FND WIRED TOTAL Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 PNC FINANCIAL SVCS GROUP INC JOURNAL FROM TYPE 2 TO 1 "PNG FINANCIAL SVES GROUP INC JOURNAL FROM TYPE 2 TO 1 PNG FINANCIAL SVES GROUP INC UNSOLICITED YCO INTERNATIONAL LT UNSOLICITED WIRED TO FD#06328 $ COMING FROM REPO TEN WIRED TO CHIBANK FROM WIRED TO SYMBOLCUSP PNG PNC*** *PNC TYC QUANTITY 9,405 9,405 30,000 128 PRICE 64.36610 51.44440 DEBIT AMOLN 174,484.00

• 2,872,727.64 36,414.00 $-210,898.00 $2,872.727.64 027 07/28/01:10:18 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD June 30, 2001 THROUGH July 27, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File June 29,2001 1,929,116.13 .532.1 $1,935,648.29

Bear, Steams & Co. Inc. 245 Park Avenue New York, New York 10167 6 of 7 Transaction Detail (continued) MONEY FUND ACTIVITY DATE MODAY TRANSACTION 06/30/01 07/02/01DIVDEND DESCHIPTION OPENINGBALANCE PREYFUS CASH MANAGEMENT-CLA 07/02/01 "REINVEST 07/2401 BOUGHT RETURNS MANAGEMENTECA ..... 07/27/01 TOTAL CLOSINGBALANCER DIVIDENDS DATE 07/16/01 PNC FINANCIAL SVCS GROUP INC DIV CHG OSS SHO © 07/13/01 PAY 07/24/0 07/24/01 "PING FINANCIAL SVES GROUP INC '''*PNG 072701 E1 A 072401 REC 07/06/01 PAY 07/27/01 TOTAL SYMBOUCUSIP PNC SYMBOUCUSIP BICCX DICCX QUANTITY 62,472 QUANTITY 6,600,000 4.371.04 2,000,000 8,604,371.04 RATE (S) 0.4800 027 PRICE 1.0000 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD June 30, 2001 THROUGH July 27, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File June 29, 2001 4371.04 4,371.04 2,000,000.00 $-2,004,371.04 $4,371.04 4,800.00 $-4,800.00 29,986.56 $36,539.32 07128/01;10:18 001

Transaction Detail (continued) INTEREST DATE 07/23/01 NTEREST ONCREDIT BALANCI T 3 1/2% 06/21 THRU 06/2 07/23/01 "INTEREST ON CREDIT BALANCE AT 3 1/4% 06/27 THRU 07/20 07/2301 *SHT ACCT FEE 06/21-072001 TOTAL MISCELLANEOUS DATE MODAY TRANSACTION 07/02/01 07/62761 JOUANAL 07702/01 JOUANAL 07/09/01 JOURNAL" 07/09/01 JOUANAL' 0716/01 ÖUANAL" 07/16/01 JOUANAL" 07/23101 SURNAL 07723(01 JOURNAL TOTAL TO 047-30185 PER LOA "MARK TO MARKET "MARK TO MARKET SHORT POS MARK TO MARKET "MARK TO MARKET SHORT POS '''MARK TO MARKET "MARK TO MARKET SHORTPOS MARIK TO MARKET 'MARK TO MARKET SHORT POS OFFICE SERVICING YOUR ACOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 SYMBOUCUSIP QUANTITY RATE (%) 3.5000 • 3:2500 STOP

• End of Statement** 027 CRECIT AMOUNT *10,900.00 28,300.00 15,050.00 ,629.0 $60,879.00 07/28/01:10:18 001 EARED THROUGH IOLLY OWNED SUBSIDIA Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD June 30, 2001 THROUGH July 27, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File June 29, 2001 32.60 906.80 3.434.90 2,567,257.00 10,900.00 28,300.00 15,050.00 6,629.00 $-2,628,136.00

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 ACCOUNT EXECUTIVE ZICHERMAN. IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Financial Summary .............................. Your Portfolio Holdings Transaction Detail Fund Activity ...................../................... Your Messages ................................I..... CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File May 25, 2001 3 5 6 HolmolInd FINANCIAL TRUST CO TTEE DTD 7-30-91 * ATTN JEANIE BRENNAN 6100 RED HOOK QUARTER STE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE MONEY MARKET FUND BALANCE NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 11,207,455 1,333,463 6,600,000 $19,140,918 •••••••/•••••••••••• 12,321,002 6.819.916 There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Market Value of Your Portfolio $7,933,463 $1,329,456 Cash & Equivalent Equities $12,684,855 : $-1,477,400 $12,632,296 : $-1,640,750 Current market value Last statement's market value Short market value Important Message Please note: You may find more than one statement in this envelope. Beginning this month, all statements with the same Address and Social Security number/ Taxpayer Identification number are being mailed in one envelope. For further details, please contact your account executive. Flease report any diference or non-receipt of checks or stocks, indicated as delivered to you, to Clent Services at 800-634-1428; or Write to Clent Services at Bear, Steams Securities Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859. SP The suremen s four or ratanal fryer rearde Set revere date for portant iformation. 06/30/01;23:28 001

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 027 06/30/01:23:28 001|

Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Cash Flow Analysis Opening Balance Funds Deposited Dividends/Interest Amount Credited THIS PERIOD $1,329,456.21 ...... 6,600,000.00 4,006.84 $6,604,006.84 Money Fund -6,600,000.00 Amount Debited $ 6.600.000.00 Net Cash Activity 4,006.84 .... Closing Balance ...S1.333.463.05 Sation su rarine a enact ar al on areas tired in period. appaar in Transaction Detail. Income Summary THIS PERIOD Dividends 0.00 Credit Balance Int. 60.70 Total $60.70 Portfolio Composition SHORT Cash/Cash Equivalent Equities Total 1,477,400 .$1.477.400 Cash Balance Summary Cash Margin Short Net Cash Balance OPENING 8,704.67 10,669.30 1,310,082.24 $1,329,456.21 CLOSING 8,765.37 56,397.30 1,268,300.38 ..... $1,333,463.05 ........ 027 YEAR TO DATE 77,950.42 23,612.74 101,563.1 LONG 7,933,463 12,684,855 $20.618.318 06/30/01:23:28001 LEARED THROUGH I HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File May 25, 2001 Your Portfolio Allocation Cash & Equivalent- 36% Equities 58% Short Equities 6% Unshaded portions denote debe balance andor short

Your Portfolio Holdings CASH & CASH EQUIVALENTS CASH BALANCE ... . DREYFUS CASH MANAGEMENT-CLA INSTITUTIONAL SHARES TOTAL CASH & CASH EQUIVALENTS EQUITIES Equities & Options MEDTRONIC INC PNC FINANCIAL SVCS GROUP INC PNC FINANCIAL SVCS GROUP INC PNC FINANCIAL SVCS GROUP INC CALL TYCO INTL OCT 055**** EXP 10/20/2001 Total Equities& Options TOTAL EQUITIES YOUR TOTAL ESTIMATED ANNUAL INCOME YOUR PRICEDPORTFOLIOHOLDINGS SIMBOLCUSP DICCX QUANTITY 6,600,000 SYMBOUCUSIP MDT PNC PNC PNG TYC TYC TYCJ55 CASH CASH MRGN SHRT CASH SHRT CASH QUANTITY 113,961 53,067 9,405

• 10,000 -500 PRICE 1.0000 MARKET VALLE 1,333,463 6,600,000 $7,933,463 PRICE 46.0100 65.7900 65.7900 65.7900 54.5000 54.5000 4.4000 MARKET VALUE 5,243,346 3,491,278 18,75 -657,900 3,331,476 599,500 -220,000 $11,207,455 $11,207,455 $433,064 $19,140,918 027 LEARED THROUGH IT HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File May 25, 2001 AMME MORE .... 303,600 $303.600 ESTIMATED ANNUAL INCOME 26.211 101,889 18,058 -19,200 3,056 550 $129,464 $129,464 CURREN YIELD (% 0.4999 .... 2.9184 2.9184 2.9184 06/30101:23:28 001

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 5 of 8 Transaction Detail DEPOSITS AND WITHDRAWALS DATE 06/25/01 TRANSACTION FUNDS REC ENDSWIRED TO CITIBANK FROM CTO NJ TOTAL MONEY FUND ACTIVITY DATE MO/DAY 05/26/01 ö6/25/01 TRANSACTION "BOUGHT DESCAIPTION OPENINGBALANCE TO SANAGEMENT-CLAN 06/29/01 TOTAL CLOSINGBALANCE INTEREST DESCRUPTION D6/21101 DEREST ON CREDIT BALANCE AT 3 1/2% 05/21 THRU 06/20 ....... 06/21/01 HT ACCT FEE 05/21-0620 C TOTAL SYMBOL/CUSIP CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File May 25, 2001 6,600,000.00 $6,600,000.00 SYMBOUCUSIP QUANTITY QUANTITY 0.00 6,600,000 6,600,000 RATE (%) 3.5000 PRICE 1.0000 6,600,000.00 $-6,600,000.00 CAEDIT AMOUNT 60.70 :3946.14 $4,006.84 027 06/30/01:23:28 001

Transaction Detail (continued) MISCELLANEOUS DATE MO/DAY RANSACTION 05/29/01 OURNAL MARK TO MARKET 05/29/01 JOURNAL" "MARK TO MARKET SHORT POS" 06/64/61 JOUANAL 06/04/01 DÖUANAL" "MARK TO MARKET 06717/01 JOURNAL, *'MARK TO MARKET SHORT POS" MARK TO MARKET" 06/11/81 QUANAMARK TOMARKET"SHOATOS" 06/18/01 '''JOUANAL" 'MARK TO MARKET"

JOUANAL" 06/25/01 JOUANAL '''MARK TO MARKET SHORT POS

"MARK TO MARKET MARK TO MARKET SHORT POS TOTAL Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 Your messages Inless we hear from you to the contrary, It is ur understanding that any free credit balance in your account are being maintained to facilitate your intention to invest such amounts through us. STOP ****** End of Statement****** 027 CRECIT AMOUNT 5,667.00 5,850.00 ,649. 25,680.00 '13,916.00 $68,762.00 06/30/01:23:28 001 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD May 26, 2001 THROUGH June 29, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File May 25, 2001 5,667.00 5,850.00 ********17,649.08 ''25,680.00 13,916.00 $-68,762.00

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 ACCOUNT EXECUTIVE ZICHERMAN. IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Financial Summary ............................... Your Portfolio Holdings .... Transaction Detail CLEARED THROUGH IT: WHOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD April 28, 2001 THROUGH May 25, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File April 27, 2001 3 4 5 Holmollell FINANCIAL TRUST CO TTEE DTD 7-30-91 * ATTN JEANIE BRENNAN 6100 RED HOOK QUARTER STE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 10,991,546 1,329,456 $12,321,002 12,764,050 -443,048 here are no "Stop Loss" orders or other pending bu r sell open orders on file for your account Market Value of Your Portfolio $1,329,456 $1,823,296 Cash & Equivalent - Equities $12,632,296 : $-1,640,750 $12,464,024 : $-1,523,270 Important Message In an effort to deliver statements to you more efficiently, Bear Steams has enhanced the distribution of statements to household accounts. Current market value Last statement's market value Short market value number/ Taxpayer identification number will Flease raport any diference or non-receipt of chacks or stocks, indicated as delivered to you. to Client Services at 800 6341428; or Write to Cient Services at Bear, Steams Securities Corp.. One Metrolech Center North, Brooklyn, N.Y. 11201-3659. SIP The suremen s four ratanal purger red de Set revere dise for portant iformation. 05/26/01:10:09 001

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 027 05/26/01:10:08 001

Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Cash Flow Analysis Opening Balance Dividends/Interest Amount Credited Funds Withdrawn Amount Debited Net Cash Activity Closing Balance... ppear in Transaction Deta THIS PERICO 31.823.295.74 6,160.47 36,160.47 -500,000.00 500000.0 -493,839.53 ......... $1.329.456.21 Income Summary Dividends Credit Balance Int. Total THIS PERIOD 764.10 1,403.48 52.167.58. Portfolio Composition SHOAT Cash/Cash Equivalent Equities Total 1,640,750 $1.640.750 Cash Balance Summary Cash Margin Short Net Cash Balance OPENING 6,537.09 563,648.30 1,253,110.35 $1,823,295.74 CLOSING 8,704.67 10,669.30 1,310,082.24 $1,329,456.21 027 YEAR TO DATE 77,950.42 23,552.04 •*******•••- 5101.502.4E LONG 1,329,456 12,632,296 $13.961.752 05/26/01;10:08 001 LEARED THROUGH I HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD April 28, 2001 THROUGH May 25, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File April 27, 2001 Your Portfolio Allocation Cash & Equivalent- Short Equities. Equities 82% Unshaded portions denote debe balance andor short

Your Portfolio Holdings CASH & CASH EQUIVALENTS CASH BALANCE TOTAL CASH & CASH EQUIVALENTS EQUITIES Equities & Options MEDTRONIC INC PNC FINANCIAL SVCS GROUP INC PNC FINANCIAL SVCS GROUP INC PINC FINANCIAL SVCS GROUP INC •••••••••#•••••• TYCO INTERNATIONALI L#D TYCO INTERNATIONAL LTD CALL TYCO INTL OCT 055**** EXP 10/20/2001 Total Equities& Options TOTAL EQUITIES YOUR TOTAL ESTIMATED ANNUAL INCOME YOUR PRICED PORTFOLIOHOLDINGS Bear, Steams & Co. Inc. 245 Park Avenue New York, New York 10167 SIMBOLCUSP QUANTITY SIMBOLCUSIP MDT PNG PNC PNC TYC TYC TYCJ55 CASH CASH MAGN SHRT CASH SHAT CASH QUANTITY 113,961 ... 53,067 9,405 -10,000 61,128 ... 11,00 -500 PRICE PRICE 42.5000 69.1500 69.1500 69.1500 56.7500 56.7500 6.5000 MARKET VALUE 1,329,456 $1,329,456 MARKET VALUE 4,843,343 3,669,583 50,356 -691,500 3469,014 -624,250 -325,000 $10,991,546 $10,991,546 $126,045 $12,321,002 027 LEARED THROUGH IT: WHOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD April 28, 2001 THROUGH May 25, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File April 27, 2001 ESTIMATE NNUAL INCON ANNE MONE 22,792 101,889 18,058 -19,200 3,056 550 $126,045 $126,045 CURRENT YIELD IN 0.4706 ...... 2.7766 2.7766 2.7766 0.0881 ....... 0.0881 ..... 05/26/01:10:08 001

Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Transaction Detail INVESTMENT ACTIVITY SATEMENT TREE 05/04/01 05104/01 TOTAL TRANSACTION JOURNAL" DEPOSITS AND WITHDRAWALS DATE 05/02/01 TAANSACTION FND WIRED TOTAL DIVIDENDS DATE 05/02/01 TOTAL TYCO INTERNATIONAL LTD REC 04/02/01 PAY 05/02/01 NG FINANCIAL SVES GROUP INC JOURNAL FROM TYPE 1 TO 2 PNC FINANCIAL SCS GROUP INC JOURNAL FROM TYPE 1 TO 2 SYMBOUCUSIP TYC SYMBOLCUSIP PNC *PNC DEBIT AMOLNT 500,000.00 $-500,000.00 QUANTITY 61,128 RATE (5) 0.0125 027 QUANTITY -9,405 9,405 PRICE 05/26/01:10:09 001 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD April 28, 2001 THROUGH May 25, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File April 27,2001 764.10 $764.10

Transaction Detail (continued) INTEREST DATE 05/21/01 NTEREST ON CREDIT BALANCE 4T 3 1/2% 05/15 THRU 05/20 05/21701 INTEREST ON CREDIT BALANCE AT 4.000% 04/21 THRU 05/14 0522/01 SHTACCT FEE 04/21-052001 TOTAL MISCELLANEOUS DATE MO/DAY 05/07/01 05/07/01 05/14/01 65/14/01 05/21701 05/21/01 TOTAL TRANSACTION JÖUANAL' JOUANAL* "JOUANAL" JOUANAL MARK TO MARKET "MARK TO MARKET SHORT POS ''MARK TO MARKET....' '''MARK TO MARKET SHORT POS" MARK TO MARKET... MARK TO MARKET SHORT POS OFFICE SERVICING YOUR ACOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 SYMBOUCUSIP STOP ****** End of Statement****** QUANTITY RATE (%) 3.5000 4.0000 37,060.00 "14,430.00 .....•..*.... 04,469.0 $-155,959.00 027 CRECIT AMOUNT 37,060.00 *'''14,430.00 104,469.00 $155,959.00 05/26/01:10:08 001 LEARED THROUGH I HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD April 28, 2001 THROUGH May 25, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File April 27, 2001 71.42 1,332.06 3092.69 $5.396.37

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 ACCOUNT EXECUTIVE TELEPHONE VISIT OUR WEBSITE ZICHERMAN, IRA www.bearstearns.com What's In This Statement Financial Summary .............................. Your Portfolio Holdings .... Transaction Detail CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD March 31, 2001 THROUGH April 27, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File March 30, 2001 3 4 5 Holmolll FINANCIAL TRUST CO TTEE DTD 7-30-91 * ATTN JEANIE BRENNAN 6100 RED HOOK QUARTER STE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE 10,940,754 1,823,296 $12,764,050 NET EQUITY THIS PERIOD .... NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 14,295,959 -1,531,909 oh sel apen orstes on i re your ator pending buy Market Value of Your Portfolio $1.823,296 $3,448,872 Cash & Equivalent - Equities $12,464,024 : S-1,523,270 $12,087,617 : $-1,240,530 Current market value Last statement's market value Short market value Flease report any diference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Cient Services at Bear, Steams Securities Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859. SP The surren s four or ratanal purposes rear die Set revere ate for portant iformation.

027 Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

3 ore Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Cash Flow Analysis Opening Balance Funds Deposited Dividends/Interest Amount Credited Funds Withdrawn Dividends/Interest Charged THIS PERICO $3,448,871.98 839.00 48,522.26 $49,361.26 -1,670,000.00 -4,937.50 Amount Debited

---

....674.937.50 Net Cash Activity -1,625,576.24 Closing Balance. .. 51.823285.74 ne day tansters of cash between account types are not included in t tion: such transfers, as well as details for all other transactione this peri appear in Transaction Detail. Cash Balance Summary Cash Margin Short Not Cash Balance OPENING 908,704.60 1,422,007.20 1,118,160.18 53.448,871.98 Income Summary THIS PERIOD Dividends 35,684.61 Credit Balance Int. 8,438.98 Total $44,123.59 Portfolio Composition SHORT Cash/Cash Equivalent Equities Total 1,523,270 .$1.523.270 CLOSING 6,537.09 563,648.30 1,253,110.35 . 51.823.295.74 YEAR TO DATE 77,186.32 22,148.56 $99.334.88 LONG 1,823,296 12,464,024 514.287,320 027 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD March 31, 2001 THROUGH April 27, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File March 30, 2001 Your Portfolio Allocation 12%h & Equivalent- Short Equities. 04/28/01;17:05 001 Equities 79% Unshaded portions denote debit balance andor shart

Your Portfolio Holdings CASH & CASH EQUIVALENTS CASH BALANCE TOTAL CASH & CASH EQUIVALENTS EQUITIES Equities & Options MEDTRONIC INC PC FINANCIAL SVCS GROUP INC PINC FINANCIAL SVES GROUP INC TYCO INTERNATIONAL LTD TICO NTEANATIONA ED BE 02020 0 055*** Total Equities& Options TOTAL EQUITIES YOUR TOTAL ESTIMATED ANNUAL INCOME YOUR PRICED PORTFOLIOHOLDINGS Bear, Steams & Co. Inc. 245 Park Avenue New York, New York 10167 SIMBOLCUSP QUANTITY SIMBCLCUSIP MDT PNC PNC TYC TYCJ55 CASH CASH SHAT CASH CASH QUANTITY 113,961 62,472 ******. 10,000 61,128 •••••••••• 11,000 -500 PRICE PRICE 44.2500 66.1800 66.1800 53.7700 3.770 5.4000 MARKE FALLE 1,823,296 $1,823,296 MARKET VALLE 5,042,774 4,134,397 -661,800 3,286,853 591,470 -270,000 $10,940,754 $10,940,754 $126.044 $12,764,049 ESTIMATED ANNUAL INCOM ESTIMATE NNUAL INCOM 22,792 119,946 19,200 3,056 -550 $126,044 $126,044 027 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD March 31, 2001 THROUGH April 27, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File March 30, 2001 CURRENT YIELD IN 0.4520 2.9012 2.9012 0.0930 ••••••••••• 0.0930

5 of 8 Transaction Detail DEPOSITS AND WITHDRAWALS

04/24707 TRANSACTION FND WIRED "FND WIRED" 04/25/01 TOTAL 'DEPOSIT DIVIDENDS DATE 04/16/01 PNC FINANCIAL SVCS GROUP INC DIV CHG 10000 SHS SHORT REC 04/13/01 PAY 04/24/01 04/24101 '"PC FINANCIAL SVES GROUP ING REC 04/13/01 PAY 04/24/01 0426/01 TYCO INTERNATIONAL LTD" DIV CHG 11000 SHS SHOF 04/27/01 TOTAL EC 04/02/01 PAY 05/02/0 REC 04/06/01 PAY 04/27/01 Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 WIRED TO FD#02725 FD#02183 PER DO HERITAGE INTER SYMBOUCUSIP ONd PNG MDT 170,000.00 1,500,000.00 $-1,670,000.00 QUANTITY RATE (S) 62472-0.4800 113,961 0.0500 839.00 $839.00 4,800.00 137.50 $4.937.50 027 CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD March 31, 2001 THROUGH April 27, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File March 30, 2001 9,986.5 5,698.05 $35,684.61

Transaction Detail (continued) INTEREST DATE 04/23/01 NTEREST ONCREDIT BALANCE AT 4_000% 04/18 THRU 04/20 04/23/01 '"INTEREST ON CREDIT BALANCE AT 4 1/2% 03/21 THRU 04/17 04/23101 SHTACT FEE 03/21-042001 TOTAL MISCELLANEOUS DATE MO/DAY 04/02/01 04/02/01 04/09/01 64/09701 04/16/01 04/16/01 04/23/01 04/23/01 04/2401 04/2401 TOTAL TRANSAGTION JOUANAL' JOURNAL** JOUANAL JOUANAL' JOURNAL** MARK TO MARKET "MARK TO MARKET SHORT POS MARK TO MARKET...' ''MARK TO MARKET SHORT POS" MARIK TO MARKET "MARK TO MARKET SHORT POS "MARK TO MARKET MARIK TO MARKET SHORT POS JOURNAL FROM TYPE TO T JOURNAL FROM TYPE 2T01 OFFICE SERVICING YOUR ACOUNT Bear, Stearns & Co. Ine. 245 Park Avenue New York. New York 10167 SYMBOUCUSIP STOP

• End of Statement** QUANTITY RATE (%) 4.0000 1 6000 34,869.00 16,879:00 53,699.00 63,800.00 722,869.90 $-892,116.90 34,869.00 16,879.00 53,699.00 63,800.00 722,869.90 $892,116.90 027 CLEARED THROUGH IT HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD March 31, 2001 THROUGH April 27, 2001 ACCOUNT NUMBER TAXPAYER NUMBER On File March 30,2001 696.34 7,742.64 4,398.67 $12,837.65

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 ACCOUNT EXECUTIVE ZICHERMAN. IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Financial Summary .............................. Your Portfolio Holdings Transaction Detail Your Messages ....... CLEARED THROUGH IT: WHOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD February 24, 2001 THROUGH March 30, 2001 ACCOUNT NUMBER TAXPAYER NUMBER February 23, 2001 3 7 Holmollli FINANCIAL TRUST CO TTEE DTD 7-30-91 * ATTN JEANIE BRENNAN 6100 RED HOOK QUARTER STE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE NET EQUITY THIS PERIOD .... NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 10,847,087 3,448,872 $14,295,959 13,657,431 638,528 oh sel apen stes on i re your acher pending buy Market Value of Your Portfolio $3,448.872 $1.948,206 Cash & Equivalent - Equities $12,087,617 : $-1,240,530 $13,160,805 : S-1,451,580 Current market value Last statement's market value Short market value Important Notice Decimal Trading is Here for Nasdaq! ( Decimal Trading is the shift from fractional pricing (e.g. 21 1/2) to decimal pricing (e.g.$21.50)for equities and options. Nasdaq securities have been phased in during March and the remaining securities Do chis unt to be rading in. For details, visit our website at www.bearsteamns. com. Flease raport any dierence or non-receipt of chacks or stocks, indicated as delivered to you. to Client Services at 800-634-1428; or Write to Cient Services at Bear, Steams Securities Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3659. SP The suremen s four or ratanal furyce rebr die Set revere date for portant iformation.

027 Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

Cash Flow Analysis Opening Balance Securities Sold Funds Deposited Dividends/Interest Miscellaneous THIS PERIOD 31.948.206.36 308,237.16 4,689.13 11,755.13 1,256,099.20 Amount Credited $1,580,780.62 Securities Bought -80,115.00 Amount Debited $-80,115.00 .... Net Cash Activity 1,500,665.62 ...... Closing Balance. $3,448,871.98 Same day ransfers of cash between account types are not included in this section; such transfers, as well as details for all other transactions this period, appear in Transaction Detall. Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Cash Balance Summary Cash Margin Short Not Cast Balance OPENING CLOSING 0.00 908,704.60 569,670.07 1,422,007.20 1,378,536.29 1,118,160.18 $1,948.206.36 $3,448,871.98 Income Summary Dividends Credit Balance Int. Total THIS PERIOD 128.00 6,639.24 $6.767.24 Portfolio Composition SHORT Cash/Cash Equivalent Equities Total 1,240,530 $1.240.530 YEAR TO DATE 41,501.71 13,709.58 $55.211.29 LONG 3,448,872 12,087,617 .$15.536.489 027 LEARED THROUGH IT HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD February 24,2001 THROUGH March 30, 2001 ACCOUNT NUMBER TAXPAYER NUMBER February 23, 2001 Your Portfolio Allocation Cash & Equivalent- 21% Short Equities 7% Equities 72% Unshaded portions denote debit balance andor shart

4 of 7 Your Portfolio Holdings CASH & CASH EQUIVALENTS CASH BALANCE TOTAL CASH & CASH EQUIVALENTS EQUITIES Equities & Options MEDTRONIC INC PC FINANCIAL SVCS GROUP INC PINC FINANCIAL SVES GROUP INC TYCO INTERNATIONAL LTD TICO NTEANATIONA ED BE 02020 0 055*** Total Equities& Options TOTAL EQUITIES YOUR TOTAL ESTIMATED ANNUAL INCOME YOUR PRICED PORTFOLIOHOLDINGS Bear, Steams & Co. Inc. 245 Park Avenue New York, New York 10167 SIMBOLCUSP QUANTITY SIMBCLCUSIP MDT PNC PNC TYC TYCJ55 CASH CASH SHRT CASH CASH QUANTITY 113,961 62,472 0,00 61,128 1,00 -500 PRICE PRICE 45.7400 67.7500 67.7500 43.2300 3.230 1.7500 MARKET VALUE 3,448,872 $3,448,872 MARKE VALLI 5,212,576 4,232,478 -677,500 2,642,563 475,530 -87,500 $10,847,087 $10,847,087 $126.046 $14,295,958 ESTIMATE NNUAL INCON STIMATE NNUAL INCON 22,792 119,946 -19,200 3,056 550 $126,044 $126,044 027 LEARED THROUGH IT HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD February 24, 2001 THROUGH March 30, 2001 ACCOUNT NUMBER TAXPAYER NUMBER February 23, 2001 SURREN ELD (: 0.4373 .... 2.8339 2.8339 ... ... 0.1156 ••••••••••• 0.1157

Transaction Detail INVESTMENT ACTIVITY SATEEMENT TATE DATE TRANSACTION 03/06/01 03/05/01 Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 03766781 03765701"BOUGHT CALL TYCO INTL OCT 055**** EXP 10/20/2001 CUSIP NUMBER TO FOLLOW. UNSOLICITED CALL TYCO INHL "APA 06023 EXP 04/21/2001 UNSOUGTEDEA TO FOLLOW. CLOSING CONTRACT CALL PNC FINL GAP MAY 075** EXP 05/19/2001 UNSOLICITED CLOSING CONTRACT 03/14/01 03/13/01 BOUGHT TOTAL DEPOSITS AND WITHDRAWALS DATE 03/21/01 TRANSAGTION FUNDS REC TOTAL DESCRPTION FANDS MBER TO CITBANK FROM SYMBOL/CUSIP QTYCJ55 01·0060 OPNCEO CLEARED THROUGH IT HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD February 24,2001 THROUGH March 30, 2001 ACCOUNT NUMBER TAXPAYER NUMBER February 23, 2001 308,237.16 QUANTITY -500 500 500 PRICE 6.20000 • 0:84220

• 43,612.50 0.70000 36,502.50 $-80,115.00 $308.237.16 4,689.13 $4,689.13 027

6 of 7 Transaction Detail (continued) DIVIDENDS

JOHNSON& JOHNSON REC 02/20/01 PAY 03/13/01 TOTAL INTEREST DATE 03/21/01 INTEREST ON CREDIT BALANCE AT 4 1/2% 03/20 THRU 03/20

'''INTEREST ON CREDIT BALANCE" AT 5,000% 02/21 THRU 03/19 03/21/01 'SHT ACCT FEE 02/21-032001 TOTAL MISCELLANEOUS

02/26/01 03/01701 03/01:01 03/01701 03/65/61 03/05/01 TRANSACTION JOURNAL" JOUANAL ÖURNAL" JOUANAL' JOUANAL' JOUANAL Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 SYMBOUCUSIP JNJ QUANTITY 400 RATE (S) 0.3200 SYMBOUCUSIP QUANTITY RATE (%) 4.5000 '5.0000 DESCRIFTION MARK TO MARKET "MARK TO MARKET SHORT POS JOURNAL FROM TYPE 2101 JOURNAL FROM TYPE 2101 FROM: XPK/1 02-16490-2-USD" MARK TO MARKET "MARK TO MARKET SHORT POS 99,456.00 669, 126.07 14.209.00 CRECIT AMOUNT 99,456.00 669, 126.07 1,256,099.20 14,209.00 027 Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD February 24,2001 THROUGH March 30, 2001 ACCOUNT NUMBER TAXPAYER NUMBER February 23, 2001 128.00 $128.00 287.79 6,351.45 4,987.85 $11,627.13

OFFICE SERVICING YOUR ACOUNT Transaction Detail (continued) MISCELLANEOUS (continued) DATE MO/DAY RANSACTION 03/12/01 OURNAL MARK TO MARKET 03/1201 JOURNAL" "MARK TO MARKET SHORT POS" 03/19/01 JOUANAL 03/19/01 DÖUANAL" "MARK TO MARKET

• MARK TO MARKET SHORT POS" 03/26/01 JOUANAL" "MARK TO MARKET* 03726/01 JOURNAL MARK TO MARKET SHORT POI TOTAL Your messages Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: At November 30, 2000 and January 26, 2001, the Company's net capital of $2,620,960,000 and $2,761,817,000 was approximately 9% and 10% and $559,381,000 by $2,048,504,000 and $2,202,436,000, all respectively. A complete copy of the Bear, Stearns Securities Corp, Statement of Financial Condition is available on the web site www.bearstearns,com, Alternatively to request a free printed copy please call - toll free 1-866-299-9331, 26,659.00 136,380.00 $-962,908.07 CRECIT AMOUNT 26,659.00 136,380.00 17,078.00 $2.219.007.27 027 CLEARED THROUGH IT: WHOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD February 24, 2001 THROUGH March 30, 2001 ACCOUNT NUMBER TAXPAYER NUMBER February 23, 2001

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 ACCOUNT EXECUTIVE ZICHERMAN. IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com What's In This Statement Financial Summary ............................... Your Portfolio Holdings Transaction Detail Your Messages ......... CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD January 27, 2001 THROUGH February 23, 2001 ACCOUNT NUMBER TAXPAYER NUMBER January 26, 2001 3 4 5 14 Hallmalll FINANCIAL TRUST CO TTEE DTD 7-30-91 * ATTN JEANIE BRENNAN 6100 RED HOOK QUARTER STE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE 11,709,225 1,948,206 NET EQUITY THIS PERIOD NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT $13,657,431 15,370,868 -1,713,436 There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Market Value of Your Portfolio $1,948,206 $2,652,775 Cash & Equivalent - Equities 513,160,805 : S-1,451,580 $14,700,848 : $-1,982,754 Current market value Last statement's market value Short market value Flease report any diference or non-receipt of checks or stocks, indicated as delivered to you, to Clent Services at 800-634-1428; or Write to Cient Services at Bear, Steams Securities Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859. SP The suremen s four ratanal purger red de Set revere dise for portant iformation.

2 of 14 Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 027

3 of 14 Cash Flow Analysis THIS PERICO Opening Balance 2,652,774.8 .. . . Securities Sold 1,170,420.47 Funds Deposited 150,000.00 Dividends/Interest 11,448.07 Amount Credited $1,331,868.54 Funds Withdrawn -2,036,437.00 Amount Debited .................03437:00 Net Cash Activity -704,568.46 Closing Balance 5. 948-206.36 ne day transfers of cash between account types are not included in t tion: such transfers, as well as details for all other transactione this peri appear in Transaction Detail. Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Cash Balance Summary Cash Margin Short Nor Cash Balanco OPENING CLOSING 778,470.00 0.00 624,874.00 569,670.07 1,249,430.82 1,378,536.29 82682-7682 51-948 20636 Income Summary Dividends Credit Balance Int. Total THIS PERIOD 889.10 4,973.50 $5.862.60 YEAR TO DATE 41,373.71 7,070.34 548.444.05 Portfolio Composition SHORT Cash/Cash Equivalent Equities Total 1,451,580 .51.451,580 LONG 1,948,206 13,160,805 $15.109,011 027 LEARED THROUGH IT: WHOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD January 27, 2001 THROUGH February 23, 2001 ACCOUNT NUMBER TAXPAYER NUMBER January 26, 2001 Your Portfolio Allocation (ash & Equivalent- Short Equities- 8% Equities 80% Unshaded portions denote debit balance andor shart

4 of 14 Your Portfolio Holdings CASH & CASH EQUIVALENTS CASH BALANCE TOTAL CASH & CASH EQUIVALENTS EQUITIES Equities & Options MEDTRONIC INC PNC FINANCIAL SVOSGROUP INC .. . . PNG FINANCIAL SVOS GROUP INC CALL PNC FINL GRP MAY 075**** EXP 05/19/2001 TYCO INTERNATIONAL LTD TYCO INTERNATIONAL LTD CALL TYCO INTL APR 060 *** EXP 04/21/2001 Total Equities& Options TOTAL EQUITIES YOUR TOTAL ESTIMATED ANNUAL INCOME YOUR PRICED PORTFOLIOHOLDINGS Bear, Steams & Co. Inc. 245 Park Avenue New York, New York 10167 SIMBOLCUSP QUANTITY SYMBOLICUSIP MDT PNC PNC PNCEOR TYC TYC TYCD60 CASH ..... CASH ....... SHRT CASH CASH SHAT CASH QUANTITY 113,961 62,472 -10,000 -500 61,128 -11,000 -500 PRICE MARKE FALLE 1,948,206 $1,948,206 PRICE 48.9500 68.7500 68.7500 2.2000 53.7800 53.7800 1.2500 MARKET VALUE 5,578,391 4,294,950 -687,500 -110,000 3,287,464 -591,580 -62,500 $11,709,225 $11,709,225 $126,046 $13.657,431 ESTIMATE NNUAL INCON AMMUN INCOME 22,792 119,946

• 19,200 3,056 ..... -550 $126.044 $126,044 CURRENT YIELD IN 0.4086 2.7927 2.7927 0.0930 --... 0.0930 ... . . 027 LEARED THROUGH IT HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD January 27, 2001 THROUGH February 23, 2001 ACCOUNT NUMBER TAXPAYER NUMBER January 26, 2001

5 or 14 Transaction Detail INVESTMENT ACTIVITY SEEMENT TREE 02/20/01 ö22001 TRANSACTION "RECEIVED" 02/2001 ö22001 öz/20/01

02/200 02/20/01 öz/20101 "RECEIVED "RECEIVED "RECEIVED "RECEIVED" "RECEIVED ''' RECEIVED" Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 AOL TIME WARNER ING 901 ACE LTD-ORD* 901 ALZA CORP 901 "AMERICAN INTERNATIONAL GROUP" 901 "AMGEN INC 901 "BED BATH & BEYOND INC "CONSTELLATION ENERGY GROUP INC "CIMGROUP INC 901 'CISCO SYSTEMS INC 0901 "COCA COLA CO** 901 "COLGATE PALMOLIVE CO SOMPUTER SCIENCES CORP BOYER CORP SYMBOLCUSP AOL "ACL AZA 'AIG "'AMGN" BBBY "CEG '''CO* CSt DOV QUANTITY 500 600° 500* 300° 700 600° 700 1,200 500 200 500° ''600*** 700° 500° PRICE 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD January 27, 2001 THROUGH February 23, 2001 ACCOUNT NUMBER TAXPAYER NUMBER January 26, 2001 02/24/01;20:42 001

6 of 14 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SATEMENT TREE 02/20/01 TRANSACTION

ö22001 02/2001 "RECEIVED" RECEIVED' "RECEIVED" RECEIVED" "RECEIVED "RECEIVED" 02/20/01 "RECEIVED 02/20/01 02/2001 02/20/01 02/20/81 "RECEIVED" "RECEIVED 02/20/01 "RECEIVED OFFICE SERVICING YOUR ACOUNT Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 DUKE ENERGY CORP FORMERLY DUKE POWER CO "EMC CORP MASS" 901 "EXXON MOBIL CORE" COSTAR CORP WISNEW FLEXTRONICS INTERNATIONAL LTD 901 CORERA DYNAMICS CORE "HISPANIC BROADCASTING CORP CLA SOME DEPOT NEC HOUSEHOLD INTEANATIONAL INC POINTS TOOL WORKING INTERNATIONAL BUSINESS MACHINES CORP 901 "OTERNATIONAL PAPER CO" SYMBOLCUSP DUK EMC "XON" "ELN" *"SR "FLEX 'H$P QUANTITY 1,200 100" 200 250 235 2,300 400 200 300 *700 500° 100" 200 200 PRICE 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD January 27, 2001 THROUGH February 23, 2001 ACCOUNT NUMBER TAXPAYER NUMBER January 26, 2001

7 of 14 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SEEMENT TREE 02/20/01 ö220/01 TRANSACTION "RECEIVED" RECEIVED" RECEIVED" ö2/2001 ö22001 ... 2/20/0 "RECEIVED "RECEIVED "RECEIVED "RECEIVED" 02/20101

02/20101 "RECEIVED "RECEIVED" OFFICE SERVICING YOUR ACOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 JUNIPER NETWORKS 0901

'ESTEE LAUDER COMPANIES INC CLA 901 901 MGIC INVESTMENT CORP-WISC 901 "NORTEL NETWORKS CORP*** 0901 "NEXTEL COMMUNICATIONS INC-CLA 901 'ORACLE CORP**** 0901 "PFIZER INC 901 "ROYAL DUTCH PETROLEUM CO NY REGISTRY (DG 1,25 PAR) 901 DOREANG PLOUGH CORP "SUN MICROSYSTEMS INC 0901 SEC COMMUNICATIONS IN 901 "TYCO INTERNATIONAL LTD 901 SYMBOLGUSIP JNPR "LLY "MIG "PFE SGP SUNW '''BC TYC QUANTITY 200 -400 1,000 1,000 250 800 600° 300° 900 500 300 200 1,000 600" 800 PRICE 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD January 27, 2001 THROUGH February 23, 2001 ACCOUNT NUMBER TAXPAYER NUMBER January 26, 2001 02/24/01;20:42 001

8 of 14 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SEEMENT TRE 02/20/01 ö220/01 02/20/01 02/20/01 02/22701 ö2/22/01 02/22/01 TRANSACTION "RECEIVED" "SOLD ''''SOLD 02/22/01 1' SOLD 02/22/01

OFFICE SERVICING YOUR ACOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 02/22/01 02/16/01SOLB TELLABS INC 901 TIFFANY & CO NEW 901 "UNITED TECHNOLOGIES CORP 901 GOINGTON MUR G WAL-MART STORES ING 901 ALTIME WARNER INC UNSOLICITED ACE LTD-ORD UNSOLICITED "ALZA CORP" UNSOLICITED SEE NOTE "S" ON BACK "AMERICAN INTERNATIONAL GROUP" UNSOLICITED AMGENIN 0,060000 BED BATH & BEYOND INC UNSOLICITED WE MAKE A MKT IN THIS SECURITY SYMBOLICUSIP TLAB TIF "UTX *WM "AÖL ACL "AZA "AIG AMEN QUANTITY 200 600° 300° 900° 500 500 -700 600 500 300 700 PRICE

• 49.30070 37.80000 42.42910 ''86.60960 *'71.87750

26:30350

027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD January 27, 2001 THROUGH February 23, 2001 ACCOUNT NUMBER TAXPAYER NUMBER January 26, 2001 24,597.02 26.40651 25,404.11 43,250.85 21,560.03

9 or 14 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) REEMENT THE TRANSACTION 02/22/01 Ö222/01 02/16/01 "SOLD" 02/22/01 02/16/61 SOLD 02/22/01 ö22201*02/16/0150LB 02/22/01 02/22/01 02/18/01 ö222701 ö2/22/01 02/22/01 ö2722101 *02/16/01 "SOLD" 0222210102718/013028

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 CONSTELLATION ENERGY GROUP INC CITIGROUP INC*' UNSOLICITED CisCO SYSTEMS INC CLOROX CO UNSOLICITED "COCA"COLA"CO*" UNSOLICITED COLGATE PALMOLIVE CO UNSOLICITED "COMPUTER SCIENCES CORP WITH RIGHTS TO PURCHASE PREFRO SNSOLIGITE DETAIN CIRCUMSTANCE "DOVER CORP™ WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE UNSOLICITED DUKE ENERGY COPP.... ORMERLY DUKE POWER O NSOLICITE EI DU PONT DE NEMOURS & CO UNSOLICITED EXXON MOBIL CORP UNSOLICITED "ELAN CORP"PLE*ADA" UNSOLICITED "FIRSTAR CORP WIS NEW UNSOLICITED SYMBOLGUSIP CEG

---

CSCO "KO "CSC DOV DUK XOM" QUANTITY -600 700 1,200 500 200" -500 700 500 1,200 -100% *250 '235 2,300 PRICE 42.47080 • 54.85100

• 28.00250 36.36880 • 58.86070 59.02500 ''63.73570 40.78530 41.34650 3.4500 *84.29000 = 463370 23-37740 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 STATEMENT PERIOD January 27, 2001 THROUGH February 23, 2001 ACCOUNT NUMBER TAXPAYER NUMBER January 26, 2001 25,429.13 38,341.92 33,599.37 18,131.29 *T7,71924 29,459.01 *44,561.00 20,339.47 49,539.64 4,292.35 21,019.29 12785:99 53,625.72

10 of 14 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE DATE TRANSACTION 02/22/01 Ö222/01 02/16/01 "SOLD" 02/22/01 02/16/61 SOLD 62/22/01 02/2270102/16/01S0LB 02/22/01 ö2/22/01 02/16/01 "SOLD Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 02/22/01 ö2/22/01 ö2/22/01 02/18/07 "SOLD" 02/22/01" "SOLD" 0222210102718/013028 02/22/01 GENERAL DYNAMICS CORP UNSOLICITED HOME DEPOT INC UNSOLICITED HOUSEHOLD INTERNATIONAL INC WITH RIGHTS TO PURCHASE PREFRD STISULCITE CERTAIN CIRCUMSTANCE ILLINOIS TOOL WORKS INC UNSOLICITED "INTERNATIONAL "BUSINESS" MACHINES COFF UNSOLICITED "INTERNATONAL PAPER 00 UNSOLICITED JUNIPER NETWORKS VE MAKE A DITTIN TONS SECUEST DETAILS ON REQUES UNPEN 105000 0,060000 JOHNSON& JOHNSON' UNSOLICITED KELLOGG CO" UNSOLICITED ESTEE LAUDER COMPANIES INC CLA UNSOLICITED ELT LILLY & CO' "ME'INVESTMENT COAP WISE" NORTEL NETWORKS CORP UNSOLICITED SYMBOLCUSP GD ITW INPR "MIG NT* QUANTITY -200 700* 500° :100 200" -200 200 400" 1,000 -7,000 250 800 600 PRICE 68.40180 43.00810 •'58.75000 64.02100 ''T74:20000 37.35000 81.89640 93.35000 27.53410 39.58600" 73.44610 ••*80:48778

027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 STATEMENT PERIOD January 27, 2001 THROUGH February 23, 2001 ACCOUNT NUMBER TAXPAYER NUMBER January 26, 2001 13,627.40 *30,052.16 29,321.52 6,349.38 '22,786.73 7,417.25 16,376.23 37,286.25 27,470.68 39,522.18 18,308.41 48:315.24 17.917.10

11 of 14 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE TRANSACTION 02/22/01 Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 02/22/01*02/16/01 SOLD 02/22/01 ö2/22/01 ö2/22/01

02/2201 ö2/22101 02/168/01 *SOLD ORACLE CORP WITH RIGHTS TO PURCHASE PREFRD STOLITE DETAIN CIRCUMSTANCE 0,060000 DEFERENCE 0.00000. STR UNDER CERTAIN CREATINGE ROYAL DUTCH PETROLEUM CO" NY REGISTRY (DG 1,25 PAR) UNSOLICITED SCHERING PLOUGH CORP WITH RIGHTS TO PURCHASE COMMON UNSOLICIE DETAIN CIRCUMSTANCE "SUN MICROSYSTEMS INC WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE WE MAKE A MKT IN THIS SECURITY SEC COMMUNICATIONS INC UNSOLICITED TELLARS IN UNSOLICITED 0,250000 UNITED TECHNOLOGIES CORP UNSOLICITED WAL MART STORES ING UNSOLICITED SYMBOLGUSIP ORCL PFE SGP SUNW SBC TLAE "UTX WM QUANTITY -900 500 300° -200 -1,000 600 "200 300 500 PRICE 24.31500

• 45.23000 60.68000 41.30000 23.06500 *.48.02420

#49.82540 78.41000 51.86260 027 CLEARED THROUGH IT: HOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brooklyn, New York 11201-3859 STATEMENT PERIOD January 27, 2001 THROUGH February 23, 2001 ACCOUNT NUMBER TAXPAYER NUMBER January 26, 2001 21,880.27 22,561.74 18,150.89 *8,207.22 23,061.73 28,761.05 9,962.24 '23.469.71 25,877.93

12 or 14 Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE TRANSACTION 02/23/01 02/20/01 ö2/23/01*02/20/01$ÖLD Ö2/23/01 02/20/01 SOLD Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 02/23/01 02/23/01 02720/01 0220/01 *'''SOLD 02/2301 02/20/01 'SOLD 02/2301 02/2001 02/23/01 02/20/01 TOTAL "SOLD WITH RIGHTS TO PURCHASE PREFRD TK UNDER CERTAIN CIRCUMSTANO NSOLICITE EMC CORP-MASS NSOLICITEL EE NOTE 'S' ON BAC "FLEXTRONICS INTERNATIONAL" UNSOLICITED 0.000000 "HISPANIC BROADCASTING CORP ON SOLICITED "NEXTEL COMMUNICATIONS INC-CLA UNSOLICITED

• 0.170000 TYCO INTERNATIONAL LTD UNSOLICITED VSP 800 09/21/00 @ 50.44 TIFFANY & CONEW UNSOLICITED WASHINGTON MUTUAL INC UNSOLICITED SYMBOLGUSIP CDO "EME "FLEX "HSP NXTL TYC "TIF" QUANTITY -600 -200 400 300 300 *800 600 900 PRICE 11.65440 ' 55.50000 '33.81250 ''23.85000 ''24.64250 57.12360 *'''32.88320 51.11210 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 STATEMENT PERIOD January 27, 2001 THROUGH February 23, 2001 ACCOUNT NUMBER TAXPAYER NUMBER January 26, 2001 6,939.90 11,047.13 13.522.04 7,102.26 7,390.00 45,644.85 19,676.76 45,942.85 $1,170,420.47

13 or 14 Transaction Detail (continued) DEPOSITS AND WITHDRAWALS

RANSACTION ND WIREI 02/21/01 FUNDS REC WIRED TO FTS0102071799006#102666 SED TO CHANE FROM 02/22/01 END WIRED FD#01156 TOTAL DIVIDENDS DATE 02/02/01 TOTAL TYCO INTERNATIONAL LTD REC 01/02/01 PAY 02/02/01 INTEREST DATE 02/21/01 INTEREST ON CREDIT BALANCE AT 5 1/2% 01/21 THRU 01/30 02/2101 INTEREST ON CREDIT BALANCE" AT 5,000% 01/31 THRU 02/20 ö2721/01 *SHTACCT FEE 01/21-022001 TOTAL OFFICE SERVICING YOUR ACOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 36,437.00 150,000.00 2,000,000.00 $-2,036,437.00 $150,000.00 SYMBOUOUSIP TYC QUANTITY 71,128 RATE (SI 0.0125 SYMBOUCUSIP QUANTITY RATE (%) 5.5000 5.0000 027 CLEARED THROUGH IT: WHOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD January 27, 2001 THROUGH February 23, 2001 ACCOUNT NUMBER TAXPAYER NUMBER January 26, 2001 889.10 $889.10 1,393.01 *3,580.49 5,585.47 $10,558.97

14 of 14 Transaction Detail (continued) MISCELLANEOUS DATE MO/DAY 01/29/01 01729/01 02/05/01 02/05/01 ö2/08/01 LANSACTIO SURNA JOURNAL" JOUANAL DÖUANAL" JOURNAL, 02/09/01 02/09701 02/12/01 ö2/12/01 ö220/01 02/20/01 02/23/01 02/23/01 TOTAL JOUANAL" JOURNAL" JOURNAL, JOUANAL' JOURNAL" "JOURNAL MARK TO MARKET "MARK TO MARKET SHORT POS" "MARK TO MARKET *'MARK TO MARKET SHORT POS" JOURNAL FROM TYPE 2101 = BUANAL HOM"TYPE 2181" "JOURNAL" FROM TYPE 1182 "JOURNAL" FROM TYPE 7102 "MARK TO MARKET MARK TO MARKET SHORT POS MARK TO MARKE MARK TO MARKET SHORT POS •JOURNAL FROM TYPE 1102 JOURNAL FROM TYPE 1 TO 2 OFFICE SERVICING YOUR ACOUNT 245 Pal Anco. no. New York, New York 10167 CRECIT AMOUNT (77,074.00 19,424.00 467,224.00 117,287:00 22,020.00 12,110.00 418.253.07 $1,233.392.07 027 CLEARED THROUGH IT: WHOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD January 27, 2001 THROUGH February 23, 2001 ACCOUNT NUMBER TAXPAYER NUMBER January 26, 2001 177,074.00 19,424.00 ***•467,224:08" '117,287.00 22,020.00 12,110.00 *418,253.07 $-1,233.392.07 Your messages 13P

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 ACCOUNT EXECUTIVE TELEPHONE VISIT OUR WEBSITE ZICHERMAN, IRA www.bearstearns.com What's In This Statement Financial Summary ............................... Your Portfolio Holdings .... Transaction Detail CLEARED THROUGH ITE "HOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD December 30, 2000 THROUGH January 26, 2001 ACCOUNT NUMBER TAXPAYER NUMBER December 29, 2000 3 4 5 Holmollell FINANCIAL TRUST CO TTEE DTD 7-30-91 ATTN JEANIE 6100 RED HOOK QUARTER STE B-3 ST THOMAS VI 00802 Your Portfolio at a Glance TOTAL VALUE OF SECURITIES THIS PERIOD NET CREDIT BALANCE NET EQUITY THIS PERIOD ... NET EQUITY LAST STATEMENT CHANGE SINCE LAST STATEMENT 12,718,093 2,652,775 $15,370,868 16,204,928 -834,061 Cash & Equivalent There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. Equities Market Value of Your Portfolio $2,652,775 $81,907 $14,700,848 : $-1,982,755 $16,123,021 Current market value Last statement's market value Short market value Important Message Decimal Trading is Coming! Decimal Trading is the shift from fractional pricing (e.g.,21 1/2) to decimal pricing (e.g.,$21.50)for equities and options. All trading on NYSE, AMEX, and regional exchanges will be in decimals effective as of 1/29/01. For details, visit our website at www.bearsteams.com. Flease report any diference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Cient Services at Bear, Steams Securities Corp., One Metrolech Center North, Brooklyn, N.Y. 11201-3859. SP The suremen s four ratanal purger red de Set revere dise for portant iformation. 01/27/01;13:44 001

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 027

3 ora Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Cash Flow Analysis Opening Balance Securities Sold Funds Deposited Dividends/Interest Miscellaneous Amount Credited Securities Bought Funds Withdrawn Miscellaneous THIS PERICO 581.907.35 4,362,833.68 2,000,000.00 42,581.45 7,310,706.50 $13,716,121.63 -1,075,254.16 -7,470,000.00 -2,600,000.00 Amount Debited $ 11.145.254.16 Net Cash Activity 2,570,867.47 .... Closing Balance $2,652,774.82 Same day transfers of cash between account types are not included in thi section; such transfors, as wall as dotalls for all other transactions this poriod appear in Transaction Detail. Cash Balance Summary Cash Margin Short Not Cash Balance OPENING 81,907.35 0.00 0.00 581.907.35 Income Summary THIS PERIOD Dividends 40,484.61 Credit Balance Int. 2,096.84 Total $42.581.45 Portfolio Composition SHORT Cash/Cash Equivalent Equities Total 1,982,755 .$1.982.755 CLOSING 778,470.00 624,874.00 1,249,430.82 $2,652,774.82 •••••••• YEAR TO DATE 40,484.61 2,096.84 ... . . $42,581.45 LONG 2,652,775 14,700,848 .517.353.623 027 LEARED THROUGH IT: WHOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD December 30, 2000 THROUGH January 26, 2001 ACCOUNT NUMBER TAXPAYER NUMBER December 29, 2000 Your Portfolio Allocation Cash & Equivalent- 14% Soot Equities, Equities 76% Unshaded portions denote debit balance andor shart

Bear, Steams & Co. Inc. 245 Park Avenue New York, New York 10167 Your Portfolio Holdings CASH & CASH EQUIVALENTS CASH BALANCE TOTAL CASH & CASH EQUIVALENTS EQUITIES Equities & Options MEDTRONIC INC PNC FINANCIAL SVCS GROUP INC PNC FINANCIAL SVCSGROUP INC CALL PNC FINL GAP MAY 075* EXP 05/19/2001 TYCO INTERNATIONAL LTD YOO INTERNATIONAL LTD EXP APR APR 060*** Total Equities& Options TOTAL EQUITIES SIMBCLCUSIP MDT PNC PNC PNCEO TYCD6O YOUR TOTAL ESTIMATED ANNUAL INCOME YOUR PRICED PORTFOLIOHOLDINGS SIMBOLCUSP QUANTITY CASH CASH SHRT CASH ASH ....... SHRT •I•• ASH QUANTITY 113,961 62,472

• 10,000 -500 61,128 •••••••••••••••••• -11,000 -500 PRICE MARKE JALUE 2.652.775 $2,652,775 PRICE 54.9380 74.3130 74.3130 5.6250 62.1250 •••••••••••••••• 62.1250 5.5000 MARKET VALUE 6,260,789 4,642,482 -743,130 -281,250 3,797,577 ••••••••••••••• -683,375 •••••••••••••••• -275,000 $12,718,093 $12,718,093 $126,046 $15,370,867 ANNE MADE ESTIMATE INUAL INCON 22,792 119,946 19,200 SURREN YIELD IS 0.3640 2.5837 2.5837 3,056 0.0805 ••••••••••••••••••••• -550 0.0805 $126,044 $126,044 027 CLEARED THROUGH IT: WHOLLY OWNED SUBSIDIAR Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD December 30, 2000 THROUGH January 26, 2001 ACCOUNT NUMBER TAXPAYER NUMBER December 29, 2000

5 or8 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE 01/02/01 12/29/00 TRANSACTION 01/02/01 12/29/00 SOLD 01/02/01 12/29/00 1/03/0 01/02/01 01/03/01 01/02/01" 01/22101 01/19/01 01/22/01 01/19/01 BOUGHT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 CALL MEDTRONIC JAN 055* OPEN CONTRACT CALL PNC FINL GRP JAN 07OPBW EXP 01/20/2001 CUSIP NUMBER TO FOLLOW. OPEN CONTRACT CALL TYCO INTL JAN 050 EXP 01/20/2001 UNSOLICITED CUSIP NUMBER TO FOLLOW. AS OF 010201 CALL PNC FINL GRP JAN 070PBW EXP 01/20/2001 UNSOLICITED USIP NUMBER TO FOLLOW PEN CONTRAC EX 05192001 CRP MA 075** CUS NUMBER TO FOLLOW. EXP 01/20/2001 UNSOLICITED CLOSING CONTRACT SYMBOLCUSP

5850559A1 6934759A5

OPNCEO QUANTITY -500 300 -500 -210 -200 -500 500 PRICE 3.10420

• 6.46320 4.32920 4.62500 2.71880 4.50000 6.00000 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 STATEMENT PERIOD December 30,2000 THROUGH January 26, 2001 ACCOUNT NUMBER TAXPAYER NUMBER December 29, 2000 153,452.34 192,837.03 214,700.28 96,384.26 53,671.68 223,240.00 301,752.50

6 of a Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE TRANSACTION 01/22/01 01/19/01 BOUGHT 01/22/01 01/19/01" SOLD ... 01/22/01 ... 01/22/01 01/24/01 01/22/01 ••.... 01/24/01 01/22/01 01124(01 01/22/01 1..... 1/24/0 01/22/01

EXPIRED Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 CALL PNG FINL GAP JAN 070PBW EXP 01/20/2001 OPEN CONTRACT CALL TYCO INTL APR 060** EXP 04/21/2001 OPEN CAME TO FOLOW. CALL TYCO INTL JAN 050* EXP 01/20/2001 AVE QTYCA5O ASSIGNED 02331 CALL PNG FINL GAP JAN 070 PBW EXP 01/20/2001 AVE OPNCAN ASSIGNED 01681 ...... YCO INTERNATIONAL LT AVE QTYCA50 210 ASSIGNE AS OF 01/22/01 ..............••... PNC FINANCIAL SVCS GROUP INC SHE OPNCAN 200 ASSIGNED AS OF 01/22/01 PNC FINANCIAL SVCS GROUP INC SHORT, AS OF OLO, 200 ASSIGNED TYCO INTERNATIONAL LTD AS OF 012210, 210 ASSIGNED CALL MEDTRONIC JAN 055* EXP 01/20/2001 SYMBOLCUSIP 6934759A5 OTYCD60

TYC PNG PNC TYC 5850559A6 QUANTITY 500 -500 210 200

• 10,000 10,00 -11,000 300 PRICE 1.43750
• 562500 50.00000 70.00000 70.00000 50.00000 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD December 30, 2000 THROUGH January 26, 2001 ACCOUNT NUMBER TAXPAYER NUMBER December 29, 2000 73,627.50 279,488.12 499,880.83 699,724.16 699,876.66 549,704.16

Bear, Stears & Co. Inc. 245 Park Avenue New York, New York 10167 7 of a Transaction Detail (continued) INVESTMENT ACTIVITY (continued) SETTLEMENT TRADE DATE TRANSACTION 01/25/01 01/22/01 01/25/01 01/22/01 CANCEL SELL PNC FINANCIAL SVCS GROUP ING AVE OPNCAN 200 ASSIGNED AVO SD 01/24/01 PNC FINANCIAL SVCS GROUP INC A 30 012 200 ASSONED AS OF 01/22/01 TO CXL PREVIOUS SELL TOTAL DEPOSITS AND WITHDRAWALS DATE 01/03/01 TRANSACTION END WIRED 01/04/01 FND WIRED AS RUST I KIRED TO WIRED TO 01/04/01 FUNDS REC ENDS WIRED TO CITIBANK FROM TOTAL DIVIDENDS DATE 01/24/01 PNC FINANCIAL SVCS GROUP INC REC 01/12/01 PAY 01/24/01 SYMBOUCUSIP PNC SYMBOLICUSIP PNC PNC QUANTITY -10,000 10,000 PRICE 70.00000 70.00000 7,300,000.00 170,000.00 $-7,470,000.00 QUANTITY 72,472 2,000,000.00 $2,000,000.00 RATE (5) 0.4800 027 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD December 30, 2000 THROUGH January 26, 2001 ACCOUNT NUMBER TAXPAYER NUMBER December 29, 2000 699,874.16 699,874.16 $-1,075,254.16 $4,362,833.68 34,786.56

8 of a Transaction Detail (continued) DIVIDENDS (continued) DATE DESCAPTION 01/26/01 MEDTRONIC INC REC 01/05/01 PAY 01/26/01 TOTAL INTEREST DATE 01/22/01 01/2201 01/22/01 TOTAL DESCRPTION INTEREST ON CREDIT BALANCE AT 6.000% 12/21 THRU 12/28 INTEREST ON CREDIT BALANCE AT 5 1/2% 01/03 THRU 01/20 INTEREST ON CREDIT BALANCE AT 6,000% 12/29 THRU 01/02 MISCELLANEOUS DATE MODAY 01/02/01 01105/01 01/24/01 01/24/01 TOTAL TRANSACTION FR 102-16490PER LOA TO 047-30185 PER LOA/AS OF 1/4/01 JOURNAL FROM TYPE 1 TO 2 JOURNAL FROM TYPE 1 TO 2 Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 SYMBOL/CUSIP MDT QUANTITY 113,961 RATE (S) 0.0500 SYMBOL/CUSIP QUANTITY RATE (%) 6.0000 .5000 6.0000 2,600,000.00 624,874.00 $-3,224,874.00 CRECIT AMOUNT 7,310,706.50 624,874.00 $7,935,580.50 027 Bear, Steams Securities Corp. One Metratech Center North Brocklyn, New York 11201-3859 STATEMENT PERIOD December 30, 2000 THROUGH January 26, 2001 ACCOUNT NUMBER TAXPAYER NUMBER 5,698.05 $40,484.61 December 29, 2000 109.21 607.42 1,380.21 $2,096.84