--- title: "DOJ Epstein Files, Data Set 9 (EFTA00195371)" source: "DOJ Epstein Files, Data Set 9" sourceUrl: "https://huggingface.co/datasets/ishumilin/epstein-files-ocr-complete" date: "2026-01-01" category: "DOJ Data Set" eftaNumber: "EFTA00195371" ocrPages: 0 ocrChars: 80528 ocrElapsed: 0.0 parseTier: "external" engine: "ishumilin OCR pipeline (engine undisclosed; CC0 mirror)" externalSource: "ishumilin-ocr-complete" externalLicense: "CC0-1.0" externalCredit: "ishumilin/epstein-files-ocr-complete (Hugging Face)" externalUrl: "https://huggingface.co/datasets/ishumilin/epstein-files-ocr-complete" --- ## Statements EFTA00195371 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 | INVESTMENT PROFESSIONAL | ZICHERMAN, IRA | | :--- | :--- | | TELEPHONE | | | VISIT OUR WEBSITE | www.bearstearns.com | ## What’s In This Statement Financial Summary 3 Your Portfolio Holdings ... 4 Transaction Detail ... 5 Fund Activity ... 5 Your Messages ... 6 ## ```markdown ```

EPSTEIN INTERESTS

DTD 12/26/91

JEFFERY E EPSTEIN & MARK L *

EPSTEIN & WILLIAM ELKUS TTEES

457 MADISON AVENUE 4TH FLR

NEW YORK NY 10022-6843

```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` Your Portfolio at a Glance Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 *This portfolio includes one or more unpriced securities that are not reflected in the Total Value of Securities and the Net Equity This Period.

TOTAL VALUE OF SECURITIES THIS PERIOD*	349,500
MONEY MARKET FUND BALANCE	271,118
NET EQUITY THIS PERIOD	$620,618
NET EQUITY LAST STATEMENT	634,873
CHANGE SINCE LAST STATEMENT	-14,255

There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. | LAST STATEMENT | June 29, 2007 | | :--- | :--- | TAXPAYER NUMBER On File ACCOUNT NUMBER EPSTEIN INTERESTS STATEMENT PERIOD June 30, 2007 Market Value of Your Portfolio THROUGH July 31, 2007 Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. N.I.1201-3859. This summary is for informational purposes only. It is not intended as a tax document. This statement should be retained for your records. See reverse side for important information. 08/01/07;07:19 001 V015 EFTA00195372 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown 2 of 6 ``` Bear, Steams Securities Corp. One Metratech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 ```markdown 08/01/07;07:19 001 ``` V015 EFTA00195373 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 3 of 6 Cash Flow Analysis

	THIS PERIOD
OpeningBalance	$0.00
Money Fund	1,144.87
Amount Credited	$1,144.87
Money Fund	-1,144.87
Amount Debited	$-1,144.87
Closing Balance	$0.00

Income Summary

	THIS PERIOD	YEAR TO DATE
Dividends	1,144.87	8,807.60
Total	$1,144.87	$8,807.60

Portfolio Composition

Cash/Cash Equivalent	271,118
Equities	349,500
Total	$620,618

027 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY ``` Bear, Steams Securities Corp. One Metrotech Center North Brocklyn, New York 11201-3859 EPSTEIN INTERESTS | STATEMENT PERIOD | June 30, 2007 | | :--- | :--- | | THROUGH | July 31, 2007 | Your Portfolio Allocation TAXPAYER NUMBER On File | LAST STATEMENT | June 29, 2007 | | :--- | :--- | ```markdown 08/01/07;07:19 001 ``` EFTA00195374 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` 4 of 6 Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ## CASH & CASH EQUIVALENTS ## Your Portfolio Holdings EPSTEIN INTERESTS

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE
DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 5,2100%	DICXX	271,117.87	1.0000	271,118
TOTAL CASH & CASH EQUIVALENTS				$271,118

STATEMENT PERIOD June 30, 2007 THROUGH July 31, 2007 AGCOUNT NUMBER TAXPAYER NUMBER On File | LAST STATEMENT | June 29, 2007 | | :--- | :--- | ## EQUITIES ## Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market underweight. In cases where the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC). The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal, or investment advice. Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost. Customers can access this research at www.bearstearns.com or can call (800) 517-2327 to request that a copy of this research be sent to them.

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	ESTIMATED YIELD (%)
ABERCROMBIE & FITCH CO-CLA BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B	ANF	CASH	5,000	69.9000	349,500	3,500	1.0014
BANPAIS SA-SPONSORED ADR REPSTG 6 SER L SHS	BPIBY	CASH	20,000	Unpriced
Total Equities& Options					$349,500	$3,500
TOTAL EQUITIES					$349,500	$3,500

027 ```markdown 08/01/07;07:19 001 ``` EFTA00195375 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ``` 5 of 6 EPSTEIN INTERESTS STATEMENT PERIOD June 30, 2007 THROUGH July 31, 2007 ```markdown ACCOUNT NUMBER ``` TAXPAYER NUMBER On File

YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME	$3,500
YOUR PRICED PORTFOLIOHOLDINGS	$620,618

DATE MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
06/30/07		OPENINGBALANCE		269,973

07/02/07	DIVIDEND	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND	DICXX			1,144.87
07/02/07	REINVEST	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST	DICXX	1,144.87	1,144.87
07/31/07		CLOSINGBALANCE		271,117.87
TOTAL					-1,144.87	$1,144.87

027 ```markdown 08/01/07;07:19 001 ``` V015 EFTA00195376 # ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 6 of 6 ## Your messages You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp. ("BSSC") at the telephone numbers listed on the front of this statement. In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement. ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown ******* End of Statement******* ``` ```markdown Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ``` EPSTEIN INTERESTS STATEMENT PERIOD June 30, 2007 027 ACCOUNT NUMBER THROUGH July 31, 2007 | LAST STATEMENT | June 29, 2007 | | :--- | :--- | TAXPAYER NUMBER On File ```markdown 08/01/07;07:19 001 ``` EFTA00195377 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 | INVESTMENT PROFESSIONAL | ZICHERMAN, IRA | | :--- | :--- | | TELEPHONE | | | VISIT OUR WEBSITE | www.bearstearns.com | ## What’s In This Statement Financial Summary 3 Your Portfolio Holdings ... 4 Transaction Detail ... 5 Fund Activity ... 5 Your Messages ... 6 ## ```markdown ```

EPSTEIN INTERESTS

DTD 12/26/91

JEFFERY E EPSTEIN & MARK L *

EPSTEIN & WILLIAM ELKUS TTEES

457 MADISON AVENUE 4TH FLR

NEW YORK NY 10022-6843

```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY ``` Your Portfolio at a Glance *This portfolio includes one or more unpriced securities that are not reflected in the Total Value of Securities and the Net Equity This Period. Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

TOTAL VALUE OF SECURITIES THIS PERIOD*	364,900
MONEY MARKET FUND BALANCE	269,973
NET EQUITY THIS PERIOD	$634,873
NET EQUITY LAST STATEMENT	681,173
CHANGE SINCE LAST STATEMENT	-46,300

There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. | LAST STATEMENT | May 31, 2007 | | :--- | :--- | TAXPAYER NUMBER On File STATEMENT PERIOD June 1, 2007 ACCOUNT NUMBER EPSTEIN INTERESTS Market Value of Your Portfolio THROUGH June 29, 2007 Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. ```markdown SIPC This summary is for informational purposes only. It is not intended as a tax document. This statement should be retained for our records. See reverse side for important information. ``` ```markdown 06/30/07;07:43 001 ``` ```markdown V011 ``` EFTA00195378 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown 2 of 7 ``` Bear, Steams Securities Corp. One Metratech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 ```markdown 06/30/07;07:43 001 ``` ```markdown V011 ``` EFTA00195379 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 3 of 7 Cash Flow Analysis

	THIS PERIOD
OpeningBalance	$0.00
Money Fund	1,175.49
Dividends/Interest	875.00
Amount Credited	$2,050.49
Money Fund	-2,050.49
Amount Debited	$-2,050.49
Closing Balance	$0.00

Income Summary

	THIS PERIOD	YEAR TO DATE
Dividends	2,050.49	7,662.73
Total	$2,050.49	$7,662.73

Portfolio Composition

Cash/Cash Equivalent	269,973
Equities	364,900
Total	$634,873

```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY ``` 027 Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS | STATEMENT PERIOD | June 1, 2007 | | :--- | :--- | | THROUGH | June 29, 2007 | Your Portfolio Allocation ```markdown ACCOUNT NUMBER ``` | LAST STATEMENT | May 31, 2007 | | :--- | :--- | TAXPAYER NUMBER On File ```markdown 06/30/07;07:43 001 ``` EFTA00195380 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 4 of 7

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE
DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD 5.2200%	DICXX	269,973	1.0000	269,973
TOTAL CASH & CASH EQUIVALENTS				$269,973

## CASH & CASH EQUIVALENTS ## Your Portfolio Holdings EPSTEIN INTERESTS STATEMENT PERIOD June 1, 2007 THROUGH June 29, 2007 AGCOUNT NUMBER TAXPAYER NUMBER On File | LAST STATEMENT | May 31, 2007 | | :--- | :--- | ## EQUITIES ## Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market underweight. In cases where the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC). The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal, or investment advice. Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost. Customers can access this research at www.bearstearns.com or can call (800) 517-2327 to request that a copy of this research be sent to them.

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	ESTIMATED YIELD (%)
ABERCROMBIE & FITCH CO-CLA BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B	ANF	CASH	5,000	72.9800	364,900	3,500	0.9592
BANPAIS SA-SPONSORED ADR REPSTG 6 SER L SHS	BPIBY	CASH	20,000	Unpriced
Total Equities& Options					$364,900	$3,500
TOTAL EQUITIES					$364,900	$3,500

027 ```markdown 06/30/07;07:43 001 ``` EFTA00195381 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ``` 5 of 7 EPSTEIN INTERESTS STATEMENT PERIOD June 1, 2007 Your Portfolio Holdings (continued) THROUGH June 29, 2007 ```markdown ACCOUNT NUMBER ``` TAXPAYER NUMBER On File

YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME	$3,500
YOUR PRICED PORTFOLIOHOLDINGS	$634,873

| LAST STATEMENT | May 31, 2007 | | :--- | :--- | ## ```markdown Transaction Detail ``` ## MONEY FUND ACTIVITY

DATE MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
06/01/07		OPENINGBALANCE		267,922.51

06/01/07	DIVIDEND	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND	DICXX				1,175.49
06/01/07	REINVEST	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST	DICXX	1,175.49		1,175.49
06/26/07	BOUGHT	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES	DICXX	875	1.0000	875.00
06/29/07		CLOSINGBALANCE		269,973
TOTAL					-2,050.49	$1,175.49

027 ```markdown 06/30/07;07:43 001 ``` ```markdown V011 ``` EFTA00195382 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ``` 6 of 7 EPSTEIN INTERESTS ## **Transaction Detail** (continued) STATEMENT PERIOD June 1, 2007 THROUGH June 29, 2007 ## DIVIDENDS ```markdown ACCOUNT NUMBER ``` TAXPAYER NUMBER On File

DATE	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	RATE ($)	DEBIT AMOUNT	CREDIT AMOUNT
06/26/07	ABERCROMBIE & FITCH CO-CLA REC 06/05/07 PAY 06/26/07	ANF	5,000	0.1750		875.00
TOTAL							$875.00

| LAST STATEMENT | May 31, 2007 | | :--- | :--- | ## Your messages Confirmation: Unless we hear from you to the contrary, it is our understanding that any free credit balances in your account are being maintained to facilitate your intention to invest such amounts through us. ## SPECIAL NOTICE FOR MARGIN CUSTOMERS If you are a customer with a margin account, you consent to Bear Stearns's right to use, lend or pledge any securities held by Bear Stearns in your margin account. In certain circumstances, such loans or other use may limit, in whole or in part, your ability to receive dividends directly from the issuing company and/or your right to exercise voting and other attendant rights of ownership with respect to the loaned, sold or pledged securities. Such circumstances include, but are not limited to, loans of securities that you own in your margin account that continue over record dates for voting purposes and ex-dividend dates for dividend distributions. If you do not receive dividends directly from the issuing company, you may receive payments-in-lieu of dividends which could cause you to lose the benefit of the preferential tax treatment accorded to dividends. 027 ```markdown 06/30/07;07:43 001 ``` EFTA00195383 ## ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` 7 of 7 Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp. ("BSSC") at the telephone numbers listed on the front of this statement. In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement. In an effort to maximize execution quality, Bear Stearns may route your equity orders to its Smart Order Router (SOR). The SOR accepts limit and market orders and automates their routing across several sources of liquidity in an attempt to maximize price and minimize market impact with respect to your order. The SOR routes orders using proprietary algorithms that scan exchanges, ECN's and other liquidity venues before it decides a strategy designed to achieve an optimal execution for clients. The SOR may in the course of executing an instruction change the entered order type from market to limit or may change the entered limit price in an attempt to obtain the best price. Although the Firm believes that the regular use of this technology benefits clients by achieving overall better execution quality, we cannot guarantee an optimal execution on any individual order. ```markdown ******* End of Statement******* ``` 027 ```markdown 06/30/07;07:43 001 ``` EFTA00195384 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 | INVESTMENT PROFESSIONAL | ZICHERMAN, IRA | | :--- | :--- | | TELEPHONE | | | VISIT OUR WEBSITE | www.bearstearns.com | ## What’s In This Statement Financial Summary 3 Your Portfolio Holdings ... 4

Transaction Detail

Fund Activity ... 5 Your Messages ... 6 ## ```markdown ```

EPSTEIN INTERESTS

DTD 12/26/91

JEFFERY E EPSTEIN & MARK L *

EPSTEIN & WILLIAM ELKUS TTEES

457 MADISON AVENUE 4TH FLR

NEW YORK NY 10022-6843

```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY ``` Your Portfolio at a Glance Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 *This portfolio includes one or more unpriced securities that are not reflected in the Total Value of Securities and the Net Equity This Period.

TOTAL VALUE OF SECURITIES THIS PERIOD*	413,250
MONEY MARKET FUND BALANCE	267,923
NET EQUITY THIS PERIOD	$681,173
NET EQUITY LAST STATEMENT	675,093
CHANGE SINCE LAST STATEMENT	6,080

There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. | LAST STATEMENT | April 30, 2007 | | :--- | :--- | TAXPAYER NUMBER On File Market Value of Your Portfolio ACCOUNT NUMBER STATEMENT PERIOD May 1, 2007 EPSTEIN INTERESTS THROUGH May 31, 2007 Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. N.I.1201-3859. ```markdown SIPC This summary is for informational purposes only. It is not intended as a tax document. This statement should be retained for our records. See reverse side for important information. ``` ```markdown 06/01/07;05:44 001 ``` ```markdown V010 ``` EFTA00195385 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown 2 of 6 ``` Bear, Steams Securities Corp. One Metratech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 ```markdown 06/01/07:05:44 001 ``` V010 EFTA00195386 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 3 of 6 Cash Flow Analysis

	THIS PERIOD
OpeningBalance	$0.00
Money Fund	1,129.27
Amount Credited	$1,129.27
Money Fund	-1,129.27
Amount Debited	$-1,129.27
ClosingBalance	$0.00

Income Summary

	THIS PERIOD	YEAR TO DATE
Dividends	1,129.27	5,612.24
Total	$1,129.27	$5,612.24

Portfolio Composition

Cash/Cash Equivalent	267,923
Equities	413,250
Total	$681,173

027 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT PERIOD May 1, 2007 THROUGH May 31, 2007 Your Portfolio Allocation TAXPAYER NUMBER On File ```markdown ACCOUNT NUMBER ``` LAST STATEMENT April 30, 2007 Unhaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio. ```markdown 06/01/07;05:44 001 ``` EFTA00195387 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` 4 of 6 Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE
DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 5.1900%	DICXX	267,922.51	1.0000	267,923
TOTAL CASH & CASH EQUIVALENTS				$267,923

## CASH & CASH EQUIVALENTS ## Your Portfolio Holdings EPSTEIN INTERESTS STATEMENT PERIOD May 1, 2007 THROUGH May 31, 2007 AGCOUNT NUMBER TAXPAYER NUMBER On File | LAST STATEMENT | April 30, 2007 | | :--- | :--- | ## EQUITIES The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market underweight. In cases where the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC). The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal, or investment advice. Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost. Customers can access this research at www.bearstearns.com or can call (800) 517-2327 to request that a copy of this research be sent to them. ## Equities & Options

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	ESTIMATED YIELD (%)
ABERCROMBIE & FITCH CO-CLA BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B	ANF	CASH	5,000	82.6500	413,250	3,500	0.8469
BANPAIS SA-SPONSORED ADR REPSTG 6 SER L SHS	BPIBY	CASH	20,000	Unpriced
Total Equities& Options					$413,250	$3,500
TOTAL EQUITIES					$413,250	$3,500

027 ```markdown 06/01/07;05:44 001 ``` EFTA00195388 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 5 of 6 EPSTEIN INTERESTS STATEMENT PERIOD May 1, 2007 Your Portfolio Holdings (continued) THROUGH May 31, 2007 ```markdown ACCOUNT NUMBER ``` TAXPAYER NUMBER On File

YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME	$3,500
YOUR PRICED PORTFOLIOHOLDINGS	$681,173

LAST STATEMENT April 30, 2007 ## ```markdown Transaction Detail ``` ## MONEY FUND ACTIVITY

DATE MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
05/01/07		OPENINGBALANCE		266,793.24
05/01/07	DIVIDEND	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND	DICXX				1,129.27
05/01/07	REINVEST	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST	DICXX	1,129.27		1,129.27
05/31/07		CLOSINGBALANCE		267,922.51
TOTAL					-$1,129.27	$1,129.27

027 ```markdown 06/01/07;05:44 001 ``` V010 EFTA00195389 ## ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 6 of 6 ## Your messages You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp. ("BSSC") at the telephone numbers listed on the front of this statement. In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement. ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown ******* End of Statement******* ``` ```markdown Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ``` EPSTEIN INTERESTS STATEMENT PERIOD May 1, 2007 027 ACCOUNT NUMBER | LAST STATEMENT | April 30, 2007 | | :--- | :--- | THROUGH May 31, 2007 TAXPAYER NUMBER On File ```markdown 06/01/07;05:44 001 ``` EFTA00195390 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 | INVESTMENT PROFESSIONAL | ZICHERMAN, IRA | | :--- | :--- | | TELEPHONE | | | VISIT OUR WEBSITE | www.bearstearns.com | ## What’s In This Statement Financial Summary 3 Your Portfolio Holdings ... 4 Transaction Detail ... 5 Fund Activity ... 5 Your Messages ... 6 ## ```markdown ```

EPSTEIN INTERESTS

DTD 12/26/91

JEFFERY E EPSTEIN & MARK L *

EPSTEIN & WILLIAM ELKUS TTEES

457 MADISON AVENUE 4TH FLR

NEW YORK NY 10022-6843

```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 Your Portfolio at a Glance *This portfolio includes one or more unpriced securities that are not reflected in the Total Value of Securities and the Net Equity This Period.

TOTAL VALUE OF SECURITIES THIS PERIOD*	408,300
MONEY MARKET FUND BALANCE	266,793
NET EQUITY THIS PERIOD	$675,093
NET EQUITY LAST STATEMENT	643,985
CHANGE SINCE LAST STATEMENT	31,108

There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. | LAST STATEMENT | March 30, 2007 | | :--- | :--- | TAXPAYER NUMBER On File ACCOUNT NUMBER EPSTEIN INTERESTS STATEMENT PERIOD March 31, 2007 Market Value of Your Portfolio THROUGH April 30, 2007 Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. ```markdown 05/01/07;07:14 001 ``` ```markdown v009 ``` EFTA00195391 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown 2 of 6 ``` Bear, Steams Securities Corp. One Metratech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 ```markdown 05/01/07;07:14 001 ``` ```markdown v009 ``` EFTA00195392 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 3 of 6 Cash Flow Analysis

	THIS PERIOD
OpeningBalance	$0.00
Money Fund	1,208.24
Amount Credited	$1,208.24
Money Fund	-1,208.24
Amount Debited	$-1,208.24
ClosingBalance	$0.00

Income Summary

	THIS PERIOD	YEAR TO DATE
Dividends	1,208.24	4,482.97
Total	$1,208.24	$4,482.97

Portfolio Composition

Cash/Cash Equivalent	266,793
Equities	408,300
Total	$675,093

027 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY ``` Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS

STATEMENT PERIOD	March 31, 2007
THROUGH	April 30, 2007
ACCOUNT NUMBER
TAXPAYER NUMBER	On File
LAST STATEMENT	March 30, 2007

Your Portfolio Allocation Unehaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio. ```markdown 05/01/07;07:14 001 ``` EFTA00195393 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 4 of 6 ## CASH & CASH EQUIVALENTS ## Your Portfolio Holdings

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE
DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 5,1600%	DICXX	266,793.24	1.0000	266,793
TOTAL CASH & CASH EQUIVALENTS				$266,793

EPSTEIN INTERESTS STATEMENT PERIOD March 31, 2007 THROUGH April 30, 2007 ```markdown ACCOUNT NUMBER ``` TAXPAYER NUMBER On File | LAST STATEMENT | March 30, 2007 | | :--- | :--- | ## EQUITIES ## Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market underweight. In cases where the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC). The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal, or investment advice. Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost. Customers can access this research at www.bearstearns.com or can call (800) 517-2327 to request that a copy of this research be sent to them.

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	ESTIMATED YIELD (%)
ABERCROMBIE & FITCH CO-CLA BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B	ANF	CASH	5,000	81.6600	408,300	3,500	0.8572
BANPAIS SA-SPONSORED ADR REPSTG 6 SER L SHS	BPIBY	CASH	20,000	Unpriced
Total Equities& Options					$408,300	$3,500
TOTAL EQUITIES					$408,300	$3,500

027 ```markdown 05/01/07;07:14 001 ``` EFTA00195394 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ``` 5 of 6 EPSTEIN INTERESTS STATEMENT PERIOD March 31, 2007 Your Portfolio Holdings (continued) THROUGH April 30, 2007 ```markdown ACCOUNT NUMBER ``` TAXPAYER NUMBER On File | LAST STATEMENT | March 30, 2007 | | :--- | :--- |

YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME	$3,500
YOUR PRICED PORTFOLIOHOLDINGS	$675,093

## ```markdown Transaction Detail ``` ## MONEY FUND ACTIVITY

DATE MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
03/31/07		OPENINGBALANCE		265,585
04/02/07	DIVIDEND	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND	DICXX				1,208.24
04/02/07	REINVEST	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST	DICXX	1,208.24		1,208.24
04/30/07		CLOSINGBALANCE		266,793.24
TOTAL					-1,208.24	$1,208.24

027 ```markdown 05/01/07;07:14 001 ``` EFTA00195395 # ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 6 of 6 ## Your messages You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp. ("BSSC") at the telephone numbers listed on the front of this statement. In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement. ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown ******* End of Statement******* ``` ```markdown Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ``` EPSTEIN INTERESTS STATEMENT PERIOD March 31, 2007 ```markdown ACCOUNT NUMBER ``` 027 THROUGH April 30, 2007 | LAST STATEMENT | March 30, 2007 | | :--- | :--- | TAXPAYER NUMBER On File ```markdown 05/01/07;07:14 001 ``` EFTA00195396 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 | INVESTMENT PROFESSIONAL | ZICHERMAN, IRA | | :--- | :--- | | TELEPHONE | | | VISIT OUR WEBSITE | www.bearstearns.com | ## What’s In This Statement Financial Summary 3 Your Portfolio Holdings ... 4

Transaction Detail

Fund Activity ... 5 Your Messages ... 7 ## ```markdown ```

EPSTEIN INTERESTS

DTD 12/26/91

JEFFERY E EPSTEIN & MARK L *

EPSTEIN & WILLIAM ELKUS TTEES

457 MADISON AVENUE 4TH FLR

NEW YORK NY 10022-6843

```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY ``` ## Your Portfolio at a Glance Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

TOTAL VALUE OF SECURITIES THIS PERIOD*	378,400
MONEY MARKET FUND BALANCE	265,585
NET EQUITY THIS PERIOD	$643,985
NET EQUITY LAST STATEMENT	679,418
CHANGE SINCE LAST STATEMENT	-35,433

*This portfolio includes one or more unpriced securities that are not reflected in the Total Value of Securities and the Net Equity This Period. There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. | LAST STATEMENT | February 28, 2007 | | :--- | :--- | Market Value of Your Portfolio STATEMENT PERIOD March 1, 2007 EPSTEIN INTERESTS ACCOUNT NUMBER TAXPAYER NUMBER On File THROUGH March 30, 2007 Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. ```markdown 03/31/07;06:43 001 ``` V008 EFTA00195397 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown 2 of 9 ``` Bear, Steams Securities Corp. One Metratech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 ```markdown 03/31/07;06:43 001 ``` EFTA00195398 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown 3 of 9 ``` Cash Flow Analysis

	THIS PERIOD
OpeningBalance	$0.00
Money Fund	26,141.88
Dividends/Interest	875.00
Amount Credited	$27,016.88
Money Fund	-2,016.88
Funds Withdrawn	-25,000.00
Amount Debited	$-27,016.88
Closing Balance	$0.00

Income Summary

	THIS PERIOD	YEAR TO DATE
Dividends	2,016.88	3,274.73
Total	$2,016.88	$3,274.73

Portfolio Composition

Cash/Cash Equivalent	265,585
Equities	378,400
Total	$643,985

027 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY ``` Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 STATEMENT PERIOD March 1, 2007 EPSTEIN INTERESTS THROUGH March 30, 2007 Your Portfolio Allocation ```markdown ACCOUNT NUMBER ``` TAXPAYER NUMBER On File | LAST STATEMENT | February 28, 2007 | | :--- | :--- | Unhaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio. ```markdown 03/31/07;06:43 001 ``` EFTA00195399 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` 4 of 9 Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE
DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD 5.1700%	DICXX	265,585	1.0000	265,585
TOTAL CASH & CASH EQUIVALENTS				$265,585

## CASH & CASH EQUIVALENTS ## Your Portfolio Holdings EPSTEIN INTERESTS STATEMENT PERIOD March 1, 2007 THROUGH March 30, 2007 AGCOUNT NUMBER TAXPAYER NUMBER On File | LAST STATEMENT | February 28, 2007 | | :--- | :--- | ## EQUITIES ## Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market underweight. In cases where the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC). The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal, or investment advice. Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost. Customers can access this research at www.bearstearns.com or can call (800) 517-2327 to request that a copy of this research be sent to them.

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	ESTIMATED YIELD (%)
ABERCROMBIE & FITCH CO-CLA BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B	ANF	CASH	5,000	75.6800	378,400	3,500	0.9249
BANPAIS SA-SPONSORED ADR REPSTG 6 SER L SHS	BPIBY	CASH	20,000	Unpriced
Total Equities& Options					$378,400	$3,500
TOTAL EQUITIES					$378,400	$3,500

027 ```markdown 03/31/07;06:43 001 ``` EFTA00195400 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown 5 of 9 ``` ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ## Your Portfolio Holdings (continued)

YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME	$3,500
YOUR PRICED PORTFOLIOHOLDINGS	$643,985

```markdown Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ``` ## ```markdown Transaction Detail ``` ## DEPOSITS AND WITHDRAWALS ## MONEY FUND ACTIVITY EPSTEIN INTERESTS STATEMENT PERIOD March 1, 2007 THROUGH March 30, 2007 ```markdown ACCOUNT NUMBER ``` TAXPAYER NUMBER On File | LAST STATEMENT | February 28, 2007 | | :--- | :--- |

DATE MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
03/01/07		OPENINGBALANCE		288,568.12

03/01/07

DIVIDEND

DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND

DICXX

1,141.88

027 ```markdown 03/31/07;06:43 001 ``` EFTA00195401 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 6 of 9 EPSTEIN INTERESTS ## **Transaction Detail** (continued) STATEMENT PERIOD March 1, 2007 THROUGH March 30, 2007 ## MONEY FUND ACTIVITY (continued) ```markdown ACCOUNT NUMBER ``` TAXPAYER NUMBER On File | LAST STATEMENT | February 28, 2007 | | :--- | :--- |

DATE MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
03/01/07	REINVEST	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST	DICXX	1,141.88		1,141.88
03/15/07	SOLD	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES	DICXX	-25,000	1.0000		25,000.00
03/27/07	BOUGHT	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES	DICXX	875	1.0000	875.00
03/30/07		CLOSINGBALANCE		265,585
TOTAL						-2,016.88	$26,141.88

## DIVIDENDS

DATE	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	RATE ($)	DEBIT AMOUNT	CREDIT AMOUNT
03/27/07	ABERCROMBIE & FITCH CO-CL A REC 03/06/07 PAY 03/27/07	ANF	5,000	0.1750		875.00
TOTAL						$875.00

027 ```markdown 03/31/07;06:43 001 ``` EFTA00195402 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` 7 of 9 ```markdown Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ``` At November 30, 2006 and January 31, 2007, the Company's net capital of approximately $4.0 billion and $4.0 billion was approximately 6.8% and 6.7% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $1.2 billion and $1.2 billion by approximately $2.8 billion and $2.8 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. Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements: You are advised to promptly report any inaccuracy or discrepancy in your account to your broker and Bear, Stearns Securities Corp. ("BSSC") at the telephone numbers listed on the front of this statement. In order to protect your rights, including any rights under the Securities Investor Protection Act ("SIPA"), any such communications should be reconfirmed in writing to your broker and BSSC at the addresses which appear on the front of this statement. EPSTEIN INTERESTS ## Your messages STATEMENT PERIOD March 1, 2007 THROUGH March 30, 2007 AGCOUNT NUMBER TAXPAYER NUMBER On File | LAST STATEMENT | February 28, 2007 | | :--- | :--- | ## SPECIAL NOTICE FOR MARGIN CUSTOMERS If you are a customer with a margin account, you consent to Bear Stearns's right to use, lend or pledge any securities held by Bear Stearns in your margin account. In certain circumstances, such loans or other use may limit, in whole or in part, your ability to receive dividends directly from the issuing company and/or your right to exercise voting and other attendant rights of ownership with respect to the loaned, sold or pledged securities. Such circumstances include, but are not limited to, loans of securities that you own in your margin account that continue over record dates for voting purposes and ex-dividend dates for dividend distributions. If you do not receive dividends directly from the issuing company, you may receive payments-in-lieu of dividends which could cause you to lose the benefit of the preferential tax treatment accorded to dividends. ## NOTICE OF CHANGE PURSUANT TO TRUTH-IN-LENDING SEC RULE 10b-16 The purpose of this notice is to advise you of certain changes in the manner in which interest will be charged on any U.S. dollar-denominated credit extended to you by Bear, Stearns Securities Corp. ("BSSC") for the purpose of purchasing, carrying or trading in any security. Interest will continue to be based on either the BSSC Margin Basis Rate, or a London Interbank Offered Rate ("LIBOR") as specified in the chart below. The BSSC Margin Basis Rate will be quoted each business day by BSSC at our main office in New York. Factors affecting the determination of the BSSC Margin Basis Rate will include the short-term market interest rates quoted by money center banks and the Federal Reserve and the rate that BSSC is charged for borrowing money. 027 ```markdown 03/31/07;06:43 001 ``` EFTA00195403 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 8 of 9 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 1. The annual rate of interest charged to you on U.S. dollar-denominated credit will not exceed the specified percentage over the applicable rate, as indicated in the following chart: Effective no earlier than thirty (30) days from your receipt of this statement:

Debit_Size_Range	Index	Spread_to_Index
Up to $499,999	Margin Basis	+3,000%
$500,000-$999,999	Margin Basis	+2,000%
$1,000,000-$2,499,999	Margin Basis	+1,500%
$2,500,000-$4,999,999	LIBOR	+3,000%
$5,000,000-$9,999,999	LIBOR	+2,250%
$10,000,000and above	LIBOR	+1,750%

Debits in currencies other than U,S. dollars will not be taken into account in computing the debit size for purposes of determining the applicable interest rate. The rate corresponding to the debit size range in which your U.S. dollar denominated debit falls will apply to the entire amount of your U.S. dollar denominated debit. The actual rate charged to you at any given time will be notified to you on request, and the amount charged to you will appear on your monthly statements. EPSTEIN INTERESTS STATEMENT PERIOD March 1, 2007 2. Interest may be charged to your account at varying rates during the month to reflect any changes in such interest rates that have occurred during the month as well as any changes in the applicable rate caused by a change in the size of your debit balance. 3. The rate of interest charged to you on any credit extended to you in a currency other than U.S. dollars shall continue to be based on either (i) a LIBOR, as such rate is compiled by the British Bankers Association and published on Bloomberg or Reuters, or (ii) any other rate quoted by Reuters that is applicable to the currency in which the obligation is denominated or, if a rate for such currency is not quoted by Reuters, the rate provided by Bear Stearns Securities' local bank. In either case, the annual rate of interest on such non-U.S. dollar denominated debit will continue to not exceed 5% above either a LIBOR, any rate quoted by Reuters or the rate provided by Bear Stearns Securities' local bank, and will appear on your monthly statements. The actual rate charged to you at any given time will be notified to you on request and the amount charged to you will appear on your monthly statements. 4. Unless otherwise agreed, the BSSC Fed Funds Rate will no longer be an available option for computing interest. 027 ```markdown 03/31/07;06:43 001 ``` EFTA00195404 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown 9 of 9 ``` If BSSC makes changes in any of the credit terms and conditions described herein or if a change is required by law, we will notify you of such change within a reasonable period of time, unless such change results in the same or a higher rate to you, in which case we will provide you at least 30 days' prior written notice. The annual rate of interest you are charged may fluctuate with changes in the BSSC Margin Basis Rate, a LIBOR, any of the rates quoted by Reuters or the rate provided by BSSC's local bank. The changes in rates resulting from this fluctuation will be made without prior notice to you (as contrasted with changes in the credit terms and conditions, notice of which will be provided as described above). The Truth-in-Lending disclosure previously provided to you shall continue to apply except as specifically noted above. ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ```markdown ******* End of Statement ******** ``` EPSTEIN INTERESTS ```markdown ACCOUNT NUMBER ``` STATEMENT PERIOD March 1, 2007 THROUGH March 30, 2007 TAXPAYER NUMBER On File | LAST STATEMENT | February 28, 2007 | | :--- | :--- | 027 ```markdown 03/31/07;06:43 001 ``` EFTA00195405 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 INVESTMENT PROFESSIONAL ZICHERMAN,IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com ## What’s In This Statement Financial Summary 3 Your Portfolio Holdings ... 4 Transaction Detail ... 5 Fund Activity ... 5 ## ```markdown ```

EPSTEIN INTERESTS

DTD 12/26/91

JEFFERY E EPSTEIN & MARK L *

EPSTEIN & WILLIAM ELKUS TTEES

457 MADISON AVENUE 4TH FLR

NEW YORK NY 10022-6843

```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ## Your Portfolio at a Glance

TOTAL VALUE OF SECURITIES THIS PERIOD*	390,850
MONEY MARKET FUND BALANCE	288,568
NET EQUITY THIS PERIOD $679,418
NET EQUITY LAST STATEMENT 685,010
CHANGE SINCE LAST STATEMENT	-5,592
*This portfolio includes one or more unpriced securities that are not reflected in the Total Value of Securities and the Net Equity This Period.

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 | LAST STATEMENT | January 31, 2007 | | :--- | :--- | There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. TAXPAYER NUMBER On File STATEMENT PERIOD February 1, 2007 Market Value of Your Portfolio EPSTEIN INTERESTS ACCOUNT NUMBER THROUGH February 28, 2007 Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. ```markdown 03/01/07;05:17 001 ``` EFTA00195406 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown 2 of 5 ``` Bear, Steams Securities Corp. One Metratech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 ```markdown 03/01/07:05:17 001 ``` V006 EFTA00195407 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 3 of 5 Cash Flow Analysis

	THIS PERIOD
OpeningBalance	$0.00
Money Fund	1,257.85
Amount Credited	$1,257.85
Money Fund	-1,257.85
Amount Debited	$-1,257.85
Closing Balance	$0.00

Income Summary

	THIS PERIOD	YEAR TO DATE
Dividends	1,257.85	1,257.85
Total	$1,257.85	$1,257.85

Portfolio Composition

Cash/Cash Equivalent	288,568
Equities	390,850
Total	$679,418

027 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY ``` Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 STATEMENT PERIOD February 1, 2007 EPSTEIN INTERESTS THROUGH February 28, 2007

ACCOUNT NUMBER
TAXPAYER NUMBER	On File
LAST STATEMENT	January 31, 2007

Your Portfolio Allocation Unhaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio. ```markdown 03/01/07;05:17 001 ``` EFTA00195408 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 4 of 5 ## Your Portfolio Holdings ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ## CASH & CASH EQUIVALENTS

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	ESTIMATED YIELD (%)
DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 5,1700%	DICXX	288,568.12	1.0000	288,568	15,294	5.3000
TOTAL CASH & CASH EQUIVALENTS				$288,568	$15,294

## Equities & Options ## EQUITIES The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market underweight. In cases where the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC). The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal, or investment advice. Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost. Customers can access this research at www.bearstearns.com or can call (800) 517-2327 to request that a copy of this research be sent to them. Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 STATEMENT PERIOD February 1, 2007 EPSTEIN INTERESTS ```markdown ACCOUNT NUMBER ``` | LAST STATEMENT | January 31, 2007 | | :--- | :--- | *Note: The table is not present in the provided image.* TAXPAYER NUMBER On File

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	ESTIMATED YIELD (%)
ABERCROMBIE & FITCH CO-CLA BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B	ANF	CASH	5,000	78.1700	390,850	3,500	0.8955

THROUGH February 28, 2007

BANPAIS SA-SPONSOREDADRREPSTG6SERLSHS	BPIBY	CASH	20,000	Unpriced
Total Equities&Options					$390,850	$3,500
TOTAL EQUITIES					$390,850	$3,500

027 ```markdown 03/01/07;05:17 001 ``` EFTA00195409 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ``` 5 of 5 EPSTEIN INTERESTS STATEMENT PERIOD February 1, 2007 Your Portfolio Holdings (continued) THROUGH February 28, 2007 ```markdown ACCOUNT NUMBER ``` TAXPAYER NUMBER On File | LAST STATEMENT | January 31, 2007 | | :--- | :--- | *Note: The table is not present in the provided image.*

YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME	$18,794
YOUR PRICED PORTFOLIOHOLDINGS	$679,418

## ```markdown Transaction Detail ``` ## MONEY FUND ACTIVITY

DATE MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	DEBIT AMOUNT	CREDIT AMOUNT
02/01/07		OPENINGBALANCE		287,310.27
02/01/07	DIVIDEND	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND	DICXX			1,257.85
02/01/07	REINVEST	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST	DICXX	1,257.85	1,257.85
02/28/07		CLOSINGBALANCE		288,568.12
TOTAL					-$1,257.85	$1,257.85

027 ```markdown 03/01/07;05:17 001 ``` V006 EFTA00195410 OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 INVESTMENT PROFESSIONAL ZICHERMAN,IRA TELEPHONE VISIT OUR WEBSITE www.bearstearns.com ## What’s In This Statement Financial Summary 3 Your Portfolio Holdings ... 4 Transaction Detail ... 5 Fund Activity ... 5 ## ```markdown ```

EPSTEIN INTERESTS

DTD 12/26/91

JEFFERY E EPSTEIN & MARK L *

EPSTEIN & WILLIAM ELKUS TTEES

457 MADISON AVENUE 4TH FLR

NEW YORK NY 10022-6843

```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY ``` ## Your Portfolio at a Glance Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 | TOTAL VALUE OF SECURITIES THIS PERIOD* | 397,700 | | :--- | :--- | ```markdown ```

MONEY MARKET FUND BALANCE	287,310

NET EQUITY THIS PERIOD	$685,010

| NET EQUITY LAST STATEMENT | 634,208 | | :--- | :--- |

CHANGE SINCE LAST STATEMENT	50,802

*This portfolio includes one or more unpriced securities that are not reflected in the Total Value of Securities and the Net Equity This Period. There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. | LAST STATEMENT | December 29, 2006 | | :--- | :--- | ```markdown ACCOUNT NUMBER ``` STATEMENT PERIOD December 30, 2006 Market Value of Your Portfolio EPSTEIN INTERESTS TAXPAYER NUMBER On File THROUGH January 31, 2007 Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. ```markdown 02/01/07;06:16 001 ``` EFTA00195411 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown 2 of 5 ``` Bear, Steams Securities Corp. One Metratech Center North Brooklyn, New York 11201-3859 EPSTEIN INTERESTS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 ```markdown 02/01/07:06:16 001 ``` V004 EFTA00195412 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 3 of 5 Cash Flow Analysis

	THIS PERIOD
Opening Balance	$0.00
Money Fund	1,252.28
Amount Credited	$1,252.28
Money Fund	-1,252.28
Amount Debited	$-1,252.28
Closing Balance	$0.00

## Portfolio Composition

Cash/Cash Equivalent	287,310
Equities	397,700
Total	$685,010

```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` 027 ```markdown Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ``` EPSTEIN INTERESTS STATEMENT PERIOD December 30, 2006 Your Portfolio Allocation THROUGH January 31, 2007 TAXPAYER NUMBER On File | LAST STATEMENT | December 29, 2006 | | :--- | :--- | Unhaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio. ```markdown 02/01/07;06:16 001 ``` EFTA00195413 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 4 of 5 ## Your Portfolio Holdings ## CASH & CASH EQUIVALENTS

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	ESTIMATED YIELD (%)
DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 5,1600%	DICXX	287,310.27	1.0000	287,310	15,227	5.2999
TOTAL CASH & CASH EQUIVALENTS				$287,310	$15,227

```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ## Equities & Options ## EQUITIES The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market underweight. In cases where the BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC). The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal, or investment advice. Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost. Customers can access this research at www.bearstearns.com or can call (800) 517-2327 to request that a copy of this research be sent to them. Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 STATEMENT PERIOD December 30, 2006 EPSTEIN INTERESTS ```markdown ACCOUNT NUMBER ``` | LAST STATEMENT | December 29, 2006 | | :--- | :--- |

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	ESTIMATED YIELD (%)
ABERCROMBIE & FITCH CO-CLA BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B	ANF	CASH	5,000	79.5400	397,700	3,500	0.8801

TAXPAYER NUMBER On File THROUGH January 31, 2007

BANPAIS SA-SPONSOREDADRREPSTG6SERLSHS	BPIBY	CASH	20,000	Unpriced
Total Equities&Options					$397,700	$3,500
TOTAL EQUITIES					$397,700	$3,500

027 ```markdown 02/01/07;06:16 001 ``` EFTA00195414 ```markdown BEAR STEARNS ``` OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ```markdown CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY ``` ```markdown Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ``` 5 of 5 EPSTEIN INTERESTS STATEMENT PERIOD December 30, 2006 Your Portfolio Holdings (continued) THROUGH January 31, 2007 ```markdown ACCOUNT NUMBER ``` TAXPAYER NUMBER On File

YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME	$18,727
YOUR PRICED PORTFOLIOHOLDINGS	$685,010

DATE MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
12/30/06		OPENINGBALANCE		286,057.99

01/02/07	REINVEST	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST	DICXX	1,252.28	1,252.28
01/02/07	DIVIDEND	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES AMT INCLUDED IN 2006 - 1099	DICXX			1,252.28
01/31/07		CLOSINGBALANCE		287,310.27
TOTAL				-1,252.28	$1,252.28

027 ```markdown 02/01/07;06:16 001 ``` ```markdown V004 ``` EFTA00195415