## Statements

EFTA00196364

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

| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | FIRM |

| VISIT OUR WEBSITE | www.bearstearns.com |

## What’s In This Statement

<table><tr><td>Financial Summary</td><td>3</td></tr><tr><td>Transaction Detail</td><td>3</td></tr></table>







CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



<table border="1"><tr><td>FINANCIAL TRUST CO INC</td></tr><tr><td>C/O JEFFREY EPSTEIN</td></tr><tr><td>6100 RED HOOK CENTER</td></tr><tr><td>SUITE 63</td></tr><tr><td>ST THOMAS VI 00802</td></tr></table>



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



Your Portfolio at a Glance

ACCOUNT NUMBER

STATEMENT PERIOD September 1, 2004

TAXPAYER NUMBER Not Available

THROUGH September 30, 2004

| LAST STATEMENT | August 31, 2004 |

| :--- | :--- |

FINANCIAL TRUST CO INC

Market Value of Your Portfolio

<table border="1"><tr><td></td><td>Cash&amp;Equivalent</td><td>$0</td><td>-168,945</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>0</td><td></td><td></td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>-168,945</td><td>Last statement&#x27;s market value</td><td rowspan="2">Short market value</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>168,945</td><td></td></tr></table>

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

| SIPC | 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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EFTA00196365



CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY


2 of 4

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

FINANCIAL TRUST CO INC

STATEMENT BACKER IS PRINTED ON THIS PAGE

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EFTA00196366



BEAR
STEARNS


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

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Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>-168,945.31</td></tr><tr><td>Securities Sold</td><td>168,945.31</td></tr><tr><td>Miscellaneous</td><td>10.32</td></tr><tr><td>Amount Credited</td><td>$168,955.63</td></tr><tr><td>Dividends/Interest Charged</td><td>-10.32</td></tr><tr><td>Amount Debited</td><td>-10.32</td></tr><tr><td>Net Cash Activity</td><td>168,945.31</td></tr><tr><td>ClosingBalance</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>-168,945.31</td><td>0.00</td></tr><tr><td>Net Cash Balance</td><td>$-168,945.31</td><td>$0.00</td></tr></table>

Income Summary

<table border="1"><tr><td colspan="3">Income Summary</td></tr><tr><td></td><td>THIS PERIOD</td><td>YEAR TO DATE</td></tr><tr><td>Margin Int. Paid</td><td>-10.32</td><td>-89.77</td></tr></table>

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY

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

INVESTMENT ACTIVITY



Transaction Detail


FINANCIAL TRUST CO INC

<table><thead><tr><th>STATEMENT PERIOD</th><td>September 1, 2004</td></tr></thead><tbody><tr><td>THROUGH</td><td>September 30, 2004</td></tr><tr><td>ACCOUNT NUMBER</td><td></td></tr><tr><td>TAXPAYER NUMBER</td><td>Not Available</td></tr><tr><td>LAST STATEMENT</td><td>August 31, 2004</td></tr></tbody></table>

<table><thead><tr><th>SETTLEMENT DATE</th><th>TRADE DATE</th><th>TRANSACTION</th><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>QUANTITY</th><th>PRICE</th><th>DEBIT AMOUNT</th><th>CREDIT AMOUNT</th></tr></thead><tbody><tr><td>09/01/04</td><td>08/30/04</td><td>CANCEL BUY</td><td>CALL TSY 4 3/4 08/14<br>EUROCALL STRK 101-8<br>EXP 10/08/2004<br>A/O S/D 08/31/04<br>AS OF 08/30/04<br>TO CXL PREVIOUS BUY</td><td>9Z72250</td><td>-25,000,000</td><td>0.67578</td><td></td><td>168,945.31</td></tr><tr><td colspan="8">TOTAL</td><td>$168,945.31</td></tr></tbody></table>

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EFTA00196367



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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



CLEARED THROUGH ITS

CLEARLY WOUNDED SUBSIDIARY



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

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FINANCIAL TRUST CO INC

## **Transaction Detail** (continued)

STATEMENT PERIOD September 1, 2004



INTEREST


THROUGH September 30, 2004

ACCOUNT NUMBER

TAXPAYER NUMBER Not Available

| LAST STATEMENT | August 31, 2004 |

| :--- | :--- |

<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">09/01/04</td><td>AVG BAL 168,945RT 2.199</td><td></td><td></td><td></td><td>10.32</td><td></td></tr><tr><td>021 OFFICE INTEREST 0804</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>TOTAL</td><td></td><td></td><td></td><td></td><td>-10.32</td><td></td></tr></tbody></table>

## 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>09/02/04</td><td>JOURNAL</td><td>FITO FITM</td><td></td><td>10.32</td></tr><tr><td>TOTAL</td><td></td><td></td><td></td><td>$10.32</td></tr></table>





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


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