EFTA00195555

OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179

<table><tr><td>ACCOUNT EXECUTIVE</td><td>GNMA GOVT BOND</td></tr><tr><td>VISIT OUR WEBSITE</td><td>www.bearstearns.com</td></tr></table>

## What’s In This Statement

<table><tr><td>Financial Summary</td><td>1</td></tr><tr><td>Transaction Detail</td><td>2</td></tr></table>







FINANCIAL TRUST CO INC

C/O JEFFREY EPSTEIN

6100 RED HOOK QUARTER

STE B3

ST THOMAS VI 00802



## Cash Flow Analysis



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>$0.00</td></tr><tr><td>Miscellaneous</td><td>300.00</td></tr><tr><td>Amount Credited</td><td>$300.00</td></tr><tr><td>Miscellaneous</td><td>-300.00</td></tr><tr><td>Amount Debited</td><td>$-300.00</td></tr><tr><td>ClosingBalance</td><td>$0.00</td></tr></table>

Bear, Steams Securities Corp.

One Metratech Center North

Brooklyn, New York 11201-3859

FINANCIAL TRUST CO INC

STATEMENT PERIOD April 30, 2005

THROUGH May 31, 2005



ACCOUNT NUMBER



| LAST STATEMENT | March 31, 2004 |

| :--- | :--- |

TAXPAYER NUMBER On File

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.

027 06/01/05:09:03 001

V878

EFTA00195556



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179



2 of 3





Transaction Detail


## MISCELLANEOUS

<table border="1"><tr><td>DATE MO/DAY</td><td>TRANSACTION</td><td>DESCRIPTION</td><td>DEBIT AMOUNT</td><td>CREDIT AMOUNT</td></tr><tr><td>05/25/05</td><td>JOURNAL</td><td>APR 05 SPEC CLEARING FEES</td><td>300.00</td><td></td></tr><tr><td>05/26/05</td><td>JOURNAL</td><td>CORRECT PRIOR ENTRY 5/25APR 05 SPEC CLEAR FEES</td><td></td><td>300.00</td></tr><tr><td colspan="3">TOTAL</td><td>-300.00</td><td>$300.00</td></tr></table>



CLEARED THROUGH ITS

CLEARLY WOUNDED SUBSIDIARY





Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



******* End of Statement*******





ACCOUNT NUMBER



FINANCIAL TRUST CO INC

TAXPAYER NUMBER On File

STATEMENT PERIOD April 30, 2005

THROUGH May 31, 2005

| LAST STATEMENT | March 31, 2004 |

| :--- | :--- |

027



06/01/05;09:03 001


EFTA00195557



CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY




3 of 3


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

FINANCIAL TRUST CO INC

STATEMENT BACKER IS PRINTED ON THIS PAGE

027

EFTA00195558