EFTA00196396

<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

Financial Summary 1

Transaction Detail ... 2

ATTN LIZ LYNETT

C/O OFFICE

Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>$0.00</td></tr><tr><td>Dividends/Interest</td><td>5,888.73</td></tr><tr><td>Amount Credited</td><td>$5,888.73</td></tr><tr><td>Miscellaneous</td><td>-5,888.73</td></tr><tr><td>Amount Debited</td><td>$-5,888.73</td></tr><tr><td>ClosingBalance</td><td>$0.00</td></tr></table>

## Income Summary



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



<table><thead><tr><th></th><th>THIS PERIOD</th><th>YEAR TO DATE</th></tr></thead><tbody><tr><td>Govt. Agency Int.</td><td>5,888.73</td><td>5,888.73</td></tr><tr><td>Total</td><td>$5,888.73</td><td>$5,888.73</td></tr></tbody></table>



FINANCIAL TRUST CO INC

STATEMENT PERIOD August 31, 2002

THROUGH September 27, 2002



ACCOUNT NUMBER



| LAST STATEMENT | August 30, 2002 |

| :--- | :--- |

TAXPAYER NUMBER On File

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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BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear, Stearns & Co. Inc.



CLEARED THROUGH ITS
WHOLLY OWNED SUBSDIARY


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FINANCIAL TRUST CO INC

## Repurchase and Reverse Repurchase Transactions

STATEMENT PERIOD August 31, 2002

THROUGH September 27, 2002

AGCOUNT NUMBER

<table><thead><tr><th></th><th>PURCHASE/ START DATE</th><th>REPURCHASE DATE</th><th>PRICING RATE</th><th>PURCHASE PRICE/ PRINCIPAL</th><th>ACCRUED REPO INTEREST*</th><th>QUANTITY (FACE AMOUNT)</th><th>CUSIP</th><th>DESCRIPTION</th></tr></thead><tbody><tr><td colspan="9">YOU PROVIDED</td></tr><tr><td>(MARGIN)</td><td>08/12/02</td><td>OPEN</td><td>0.000</td><td></td><td></td><td>-3,545,000</td><td></td><td>FEDERAL HOME LOAN MTG CORP<br>SERIES 2471 CLASS YT 1.0000 03/15/32</td></tr><tr><td colspan="4">TOTAL REVERSE REPURCHASE TRANSACTIONS</td><td>$0</td><td>$0</td><td></td><td></td><td></td></tr><tr><td colspan="4">TOTAL REPURCHASE TRANSACTIONS</td><td>$0</td><td>$0</td><td></td><td></td><td></td></tr></tbody></table>

| LAST STATEMENT | August 30, 2002 |

| :--- | :--- |

TAXPAYER NUMBER On File

*As of statement date*



Transaction Detail




INTEREST


<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>09/04/02</td><td>FEDERAL HOME LOAN MTG CORP<br>SERIES 2471 CLASS YT<br>DUE 03/15/2032 1,000<br>PAY INT 8/29/02 REPO</td><td></td><td></td><td>1.0000</td><td></td><td>2,954.17</td></tr><tr><td>09/16/02</td><td>FEDERAL HOME LOAN MTG CORP<br>SERIES 2471 CLASS YT<br>DUE 03/15/2032 1,000<br>INT R/D 08-02 P/D 09-15-02<br>REPO P &amp; T 1,0000</td><td></td><td></td><td>1.0000</td><td></td><td>2,934.56</td></tr><tr><td colspan="6">TOTAL</td><td>$5,888.73</td></tr></tbody></table>

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BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear, Stearns & Co. Inc.

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## **Transaction Detail** (continued)

## MISCELLANEOUS

<table><thead><tr><th>DATE MO/DAY</th><th>TRANSACTION</th><th>DESCRIPTION</th><th>DEBIT AMOUNT</th><th>CREDIT AMOUNT</th></tr></thead><tbody><tr><td>09/05/02</td><td>JOURNAL</td><td>FEDERAL HOME LOAN MTG CORP<br>SERIES 2471 CLASS YT<br>1,000 DUE 03/15/32<br>P&amp;I TRANSFER</td><td>2,954.17</td><td></td></tr><tr><td>09/17/02</td><td>JOURNAL</td><td>FEDERAL HOME LOAN MTG CORP<br>SERIES 2471 CLASS YT<br>1,000 DUE 03/15/32<br>P&amp;I TRNFR</td><td>2,934.56</td><td></td></tr><tr><td colspan="3">TOTAL</td><td>-$-5,888.73</td><td></td></tr></tbody></table>



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





CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY





FINANCIAL TRUST CO INC

STATEMENT PERIOD August 31, 2002

THROUGH September 27, 2002

ACCOUNT NUMBER

TAXPAYER NUMBER On File

| LAST STATEMENT | August 30, 2002 |

| :--- | :--- |

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