EFTA00196372

OFFICE SERVICING YOUR ACCOUNT

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

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| :--- | :--- |

| ACCOUNT EXECUTIVE | FIRM |

| VISIT OUR WEBSITE | www.bearstearns.com |

## 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>





<table><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>

Cash Flow Analysis

<table border="1"><tr><td></td><th>THIS PERIOD</th></tr><tr><td>OpeningBalance</td><td>$0.00</td></tr><tr><td>Miscellaneous</td><td>158.90</td></tr><tr><td>Amount Credited</td><td>$158.90</td></tr><tr><td>Dividends/Interest Charged</td><td>-79.45</td></tr><tr><td>Miscellaneous</td><td>-79.45</td></tr><tr><td>Amount Debited</td><td>$-158.90</td></tr><tr><td>ClosingBalance</td><td>$0.00</td></tr></table>

## Income Summary



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



<table border="1"><tr><td></td><th>THIS PERIOD</th><th>YEAR TO DATE</th></tr><tr><td>Margin Int. Paid</td><td>-79.45</td><td>-79.45</td></tr></table>

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

FINANCIAL TRUST CO INC

STATEMENT PERIOD July 1, 2004

THROUGH July 30, 2004

| LAST STATEMENT | June 30, 2004 |

| :--- | :--- |

ACCOUNT NUMBER

TAXPAYER NUMBER Not Available

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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V858

EFTA00196373



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


STATEMENT PERIOD July 1, 2004



INTEREST


THROUGH July 30, 2004



ACCOUNT NUMBER



TAXPAYER NUMBER Not Available

| LAST STATEMENT | June 30, 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">07/01/04</td><td>AVG BAL 355,468RT 1.609</td><td></td><td></td><td></td><td>79.45</td><td></td></tr><tr><td>021 OFFICE INTEREST 0604</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td colspan="5">TOTAL</td><td>-79.45</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>07/02/04</td><td>JOURNAL</td><td>FITO TO FITM</td><td>79.45</td><td></td></tr><tr><td>07/06/04</td><td>JOURNAL</td><td>FITM FITO</td><td></td><td>158.90</td></tr><tr><td>TOTAL</td><td></td><td></td><td>-79.45</td><td>$158.90</td></tr></table>





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


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EFTA00196374



CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY




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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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