EFTA00195593

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| ACCOUNT EXECUTIVE | GNMA GOVT BOND |

| VISIT OUR WEBSITE | www.bearstearns.com |

## What's In This Statement

Financial Summary 3

Transaction Detail ... 3





## FINANCIAL TRUST CO INC

C/O JEFFREY EPSTEIN

6100 RED HOOK QUARTER

ST E B3

ST THOMAS VI 00802-1348



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



## Your Portfolio at a Glance

TAXPAYER NUMBER On File

| LAST STATEMENT | June 30, 2006 |

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<table border="1"><tr><td></td><td>Cash&amp;Equivalent</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>0</td></tr><tr><td></td><td></td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>101</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>-101</td></tr></table>

ACCOUNT NUMBER

There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account.

FINANCIAL TRUST CO INC

| STATEMENT PERIOD | July 1, 2006 |

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| THROUGH | July 31, 2006 |



Market Value of Your Portfolio

027

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.



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STATEMENT BACKER IS PRINTED ON THIS PAGE

027



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Cash Flow Analysis

<table border="1"><tr><td></td><th>THIS PERIOD</th></tr><tr><td>OpeningBalance</td><td>$100.63</td></tr><tr><td>Dividends/Interest</td><td>0.30</td></tr><tr><td>Amount Credited</td><td>$0.30</td></tr><tr><td>Dividends/Interest Charged</td><td>-100.93</td></tr><tr><td>Amount Debited</td><td>$-100.93</td></tr><tr><td>Net Cash Activity</td><td>-100.63</td></tr><tr><td>Closing Balance</td><td>$0.00</td></tr></table>

Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Margin</td><td>100.63</td><td>0.00</td></tr><tr><td>Net Cash Balance</td><td>$100.63</td><td>$0.00</td></tr></table>

Income Summary

<table border="1"><tr><td></td><th>THIS PERIOD</th><th>YEAR TO DATE</th></tr><tr><td>Credit Balance Int.</td><td>-100.63</td><td>1,049.31</td></tr><tr><td>Total</td><td>-100.63</td><td>$1,049.31</td></tr></table>



INTEREST




Transaction Detail




CLEARED THROUGH ITS
WHOLLY OWNED SUBSDIARY


<table><thead><tr><th>DATE</th><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>QUANTITY</th><th>RATE (%)</th><th>DEBIT AMOUNT</th><th>CREDIT AMOUNT</th></tr></thead><tbody><tr><td rowspan="2">07/03/06</td><td>AVG BAL 100RT 3.577</td><td></td><td></td><td></td><td></td><td>0.30</td></tr><tr><td>021 OFFICE INTEREST 0606</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>07/31/06</td><td>REVERSE INTEREST</td><td></td><td></td><td></td><td>100.93</td><td></td></tr><tr><td>TOTAL</td><td></td><td></td><td></td><td></td><td>-100.93</td><td>$0.30</td></tr></tbody></table>



FINANCIAL TRUST CO INC

STATEMENT PERIOD July 1, 2006

THROUGH July 31, 2006



ACCOUNT NUMBER



| LAST STATEMENT | June 30, 2006 |

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TAXPAYER NUMBER On File

027



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