EFTA00196870

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

| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |

| TELEPHONE | |

| VISIT OUR WEBSITE | www.bearstearns.com |

## What’s In This Statement

Financial Summary 3

Your Portfolio Holdings ... 4

<table><tr><td>Transaction Detail</td><td>6</td></tr></table>

Fund Activity ... 7





<table><tr><td>FINANCIAL TRUST COMPANY INC</td></tr><tr><td>C/O AMERICAN YACHT HARBOR</td></tr><tr><td>6100 RED HOOK SUTE B-3</td></tr><tr><td>QUAETERS #2</td></tr><tr><td>ST THOMAS VI 00802-1348</td></tr></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



## Your Portfolio at a Glance

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

<table border="1"><tr><td>TOTAL VALUE OF SECURITIES THIS PERIOD</td><td>80,238,825</td></tr><tr><td>MONEY MARKET FUND BALANCE</td><td>4,752,649</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$84,991,474</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>88,973,570</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>-3,982,096</td></tr></table>

FINANCIAL TRUST COMPANY INC

| LAST STATEMENT | June 30, 2005 |

| :--- | :--- |

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

TAXPAYER NUMBER On File



ACCOUNT NUMBER



Market Value of Your Portfolio

STATEMENT PERIOD July 1, 2005

THROUGH July 29, 2005

Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Stearns Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859.

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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EFTA00196871

CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY



2 of 9


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

FINANCIAL TRUST COMPANY INC

STATEMENT BACKER IS PRINTED ON THIS PAGE

027

EFTA00196872



BEAR
STEARNS


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



3 of 9


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>Securities Sold</td><td>1,160,186.47</td></tr><tr><td>Money Fund</td><td>30,256,439.25</td></tr><tr><td>Funds Deposited</td><td>91,655.92</td></tr><tr><td>Dividends/Interest</td><td>581,335.41</td></tr><tr><td>Miscellaneous</td><td>512,591.00</td></tr><tr><td>Amount Credited</td><td>$32,602,208.05</td></tr><tr><td>Securities Bought</td><td>-26,565,005.00</td></tr><tr><td>Money Fund</td><td>-1,909,975.38</td></tr><tr><td>Funds Withdrawn</td><td>-4,125,000.00</td></tr><tr><td>Miscellaneous</td><td>-2,227.67</td></tr><tr><td>Amount Debited</td><td>-32,602,208.05</td></tr><tr><td>Closing Balance</td><td>$0.00</td></tr></table>

Income Summary

<table border="1"><tr><td></td><td>THIS PERIOD</td><td>YEAR TO DATE</td></tr><tr><td>Dividends</td><td>679,673.05</td><td>1,835,255.81</td></tr><tr><td>Credit Balance Int.</td><td>81.77</td><td>2,395.40</td></tr><tr><td>Total</td><td>$679,754.82</td><td>$1,837,651.21</td></tr><tr><td>Foreign Tax Withheld</td><td>-2,227.67</td><td>-2,227.67</td></tr></table>

Portfolio Composition

<table border="1"><tr><td></td><td>SHORT</td><td>LONG</td></tr><tr><td>Cash/Cash Equivalent</td><td></td><td>4,752,649</td></tr><tr><td>Equities</td><td>24,000</td><td>80,262,825</td></tr><tr><td>Total</td><td>$24,000</td><td>$85,015,474</td></tr></table>



CLEARED THROUGH ITS
WHOLLY OWNED SUBSDIARY


Bear, Steams Securities Corp.

One Metrotech Center North Brooklyn, New York 11201-3859

STATEMENT PERIOD July 1, 2005

FINANCIAL TRUST COMPANY INC

THROUGH July 29, 2005



ACCOUNT NUMBER



Your Portfolio Allocation

TAXPAYER NUMBER On File

| LAST STATEMENT | June 30, 2005 |

| :--- | :--- |

Unshaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio.

EFTA00196873



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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

4 of 9

## Your Portfolio Holdings

## CASH & CASH EQUIVALENTS

<table><thead><tr><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>QUANTITY</th><th>PRICE</th><th>MARKET VALUE</th><th>ESTIMATED ANNUAL INCOME</th><th>CURRENT YIELD (%)</th></tr></thead><tbody><tr><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD 3,2000%</td><td>DICXX</td><td>4,752,649.21</td><td>1.0000</td><td>4,752,649</td><td>137,827</td><td>2.9000</td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$4,752,649</td><td>$137,827</td><td></td></tr></tbody></table>

CLEARED THROUGH ITS WHOWY OWNED SUBSIDIARY

## Equities & Options

## EQUITIES



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the Firm’s Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market Underweight. In cases where a BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers have normalized their ratings systems as follows: B = Buy; H = Hold; S = Sell. The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal or investment advice. Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons.

STATEMENT PERIOD July 1, 2005



ACCOUNT NUMBER



FINANCIAL TRUST COMPANY INC

| LAST STATEMENT | June 30, 2005 |

| :--- | :--- |

THROUGH July 29, 2005

TAXPAYER NUMBER On File

Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Stearns at no cost. Customers can access this research at www.bearstearns.com or can call (800) 517-2327 to request that a copy of this research be sent to them.

<table><thead><tr><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>ACCT TYPE</th><th>QUANTITY</th><th>PRICE</th><th>MARKET VALUE</th><th>ESTIMATED ANNUAL INCOME</th><th>CURRENT YIELD (%)</th></tr></thead><tbody><tr><td>BEAR STEARNS COMPANIES INC</td><td>BSC</td><td>CASH</td><td>450,000</td><td>102.1100</td><td>45,949,500</td><td>450,000</td><td>0.9793</td></tr><tr><td>COLGATE PALMOLIVE CO<br>BSC RATING: STOCK O/SECTOR MW<br>FULCRUM GLOBAL PARTNERS, LLC<br>RATING: H</td><td>CL</td><td>CASH</td><td>106,200</td><td>52.9400</td><td>5,622,228</td><td>123,192</td><td>2.1912</td></tr><tr><td>CALL COLGATE PALM NOV 055****<br>EXP 11/19/2005</td><td>CLK55</td><td>CASH</td><td>-200</td><td>1.2000</td><td>-24,000</td><td></td><td></td></tr></tbody></table>

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EFTA00196874



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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



CLEARED THROUGH ITS
WHOLLY OWNED SUBSDIARY


5 of 9

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

## Your Portfolio Holdings (continued)

FINANCIAL TRUST COMPANY INC

Equities & Options (continued)

STATEMENT PERIOD July 1, 2005

<table><thead><tr><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>ACCT TYPE</th><th>QUANTITY</th><th>PRICE</th><th>MARKET VALUE</th><th>ESTIMATED ANNUAL INCOME</th><th>CURRENT YIELD (%)</th></tr></thead><tbody><tr><td>DEERFIELD TRIARC CAP CORP ACCREDITED INVESTORS</td><td></td><td>CASH</td><td>1,000,000</td><td>14.6400</td><td>14,640,000</td><td></td><td></td></tr><tr><td>EQUITY OFFICE PROPERTIES TRUST SBI BSC RATING: STOCK P/SECTOR MW GREEN STREET ADVISORS, INC. RATING: H</td><td>EOP</td><td>CASH</td><td>110,000</td><td>35.4500</td><td>3,899,500</td><td>220,000</td><td>5.6417</td></tr><tr><td>ENVIRONMENTAL SOLUTIONS WORLDWIDE INC</td><td>ESWW</td><td>CASH</td><td>100,000</td><td>0.8200</td><td>82,000</td><td></td><td></td></tr><tr><td>IFIL(IST FIN ITAL) EUR1 INVST CL</td><td>IFPSF</td><td>CASH</td><td>100,000</td><td>4.4860</td><td>448,600</td><td>8,200</td><td>1.8279</td></tr><tr><td>KERZNER INTERNATIONAL LTD BSC RATING: STOCK P/SECTOR MW NED DAVIS RESEARCH RATING: B</td><td>KZL</td><td>CASH</td><td>10,000</td><td>59.7500</td><td>597,500</td><td></td><td></td></tr><tr><td>MACK-CALI REALTY CORP BSC RATING: STOCK P/SECTOR MW GREEN STREET ADVISORS, INC. RATING: B</td><td>CLI</td><td>CASH</td><td>88,100</td><td>47.9100</td><td>4,220,871</td><td>222,012</td><td>5.2599</td></tr><tr><td>TOO INC BSC RATING: STOCK P/SECTOR MW GARP RESEARCH RATING: B</td><td>TOO</td><td>CASH</td><td>50,000</td><td>25.7900</td><td>1,289,500</td><td></td><td></td></tr><tr><td>VECTOR GROUP LTD</td><td>VGR</td><td>CASH</td><td>151,990</td><td>19.4100</td><td>2,950,126</td><td>243,184</td><td>8.2432</td></tr><tr><td>WYNN RESORTS LTD BSC RATING: STOCK O/SECTOR MW WALL STREET STRATEGIES RATING: H</td><td>WYNN</td><td>CASH</td><td>10,000</td><td>56.3000</td><td>563,000</td><td></td><td></td></tr><tr><td colspan="4">Total Equities&amp; Options</td><td></td><td>$80,238,825</td><td>$1,266,588</td><td></td></tr><tr><td colspan="4">TOTAL EQUITIES</td><td></td><td>$80,238,825</td><td>$1,266,588</td><td></td></tr></tbody></table>

THROUGH July 29, 2005



ACCOUNT NUMBER



| LAST STATEMENT | June 30, 2005 |

| :--- | :--- |

TAXPAYER NUMBER On File

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EFTA00196875



BEAR
STEARNS


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



CLEARED THROUGH ITS

CLEARLY WOUNDED SUBSIDIARY



6 of 9



Bear, Steams Securities Corp.

One Metrotech Center North Brooklyn, New York 11201-3859



FINANCIAL TRUST COMPANY INC

## Your Portfolio Holdings (continued)

STATEMENT PERIOD July 1, 2005

THROUGH July 29, 2005



ACCOUNT NUMBER



<table border="1"><tr><td>YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME</td><td>$1,404,415</td></tr><tr><td>YOUR PRICED PORTFOLIOHOLDINGS</td><td>$84,991,474</td></tr></table>

TAXPAYER NUMBER On File

| LAST STATEMENT | June 30, 2005 |

| :--- | :--- |

## INVESTMENT ACTIVITY



Transaction Detail


<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>07/19/05</td><td>07/14/05</td><td>BOUGHT</td><td>BEAR STEARNS COMPANIES INC<br>BEAR, STEARNS &amp; CO., INC. IS A SUBSIDIARY OF THE ISSUER.</td><td>BSC</td><td>250,000</td><td>106.20000</td><td>26,565,005.00</td><td></td></tr><tr><td>07/19/05</td><td>07/18/05</td><td>SOLD</td><td>CALL COLGATE PALM NOV 055 ****<br>EXP 11/19/2005<br>UNSOLICITED<br>ORDER EXECUTED BY ISE<br>OPEN CONTRACT</td><td>QCLK55</td><td>-200</td><td>1.00000</td><td></td><td>19,394.16</td></tr><tr><td>07/21/05</td><td>07/18/05</td><td>SOLD</td><td>CELGENE CORP<br>UNSOLICITED<br>WE MAKE A MKT IN THIS SECURITY<br>AVG PRICE: DETAILS ON REQUEST<br>UNIT PRICE: 45,693800<br>DIFFERENCE - 0,060000</td><td>CELG</td><td>-25,000</td><td>45.63380</td><td></td><td>1,140,792.31</td></tr><tr><td colspan="6">TOTAL</td><td></td><td>-26,565,005.00</td><td>$1,160,186.47</td></tr></tbody></table>

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EFTA00196876



BEAR
STEARNS


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



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY





7 of 9





Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



## Transaction Detail (continued)

FINANCIAL TRUST COMPANY INC

DEPOSITS AND WITHDRAWALS

STATEMENT PERIOD July 1, 2005



THROUGH July 29, 2005



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | June 30, 2005 |

| :--- | :--- |

## MONEY FUND ACTIVITY

<table><thead><tr><th>DATE MO/DAY</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>07/01/05</td><td></td><td>OPENINGBALANCE</td><td></td><td>33,000,693.67</td><td></td><td></td><td></td></tr></tbody></table>

<table border="1"><tr><td>07/01/05</td><td>SOLD</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>-2,612,409</td><td>1.0000</td><td></td><td>2,612,409.00</td></tr><tr><td>07/01/05</td><td>DIVIDEND</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND</td><td>DICXX</td><td></td><td></td><td></td><td>98,419.41</td></tr><tr><td>07/01/05</td><td>REINVEST</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST</td><td>DICXX</td><td>98,419.41</td><td></td><td>98,419.41</td><td></td></tr><tr><td>07/08/05</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>91,655.92</td><td>1.0000</td><td>91,655.92</td><td></td></tr><tr><td>07/15/05</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>61,022.97</td><td>1.0000</td><td>61,022.97</td><td></td></tr></table>

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07/30/05;10:09 001


EFTA00196877



BEAR
STEARNS


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

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY

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

8 of 9

FINANCIAL TRUST COMPANY INC

## **Transaction Detail** (continued)

STATEMENT PERIOD July 1, 2005

THROUGH July 29, 2005

## MONEY FUND ACTIVITY (continued)

TAXPAYER NUMBER On File

| LAST STATEMENT | June 30, 2005 |

| :--- | :--- |

<table><thead><tr><th>DATE MOID/DAY</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>07/18/05</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>405,503</td><td>1.0000</td><td>405,503.00</td><td></td></tr><tr><td>07/19/05</td><td>SOLD</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>-26,545,610.84</td><td>1.0000</td><td></td><td>26,545,610.84</td></tr><tr><td>07/21/05</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>1,140,792.30</td><td>1.0000</td><td>1,140,792.30</td><td></td></tr><tr><td>07/25/05</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>81.78</td><td>1.0000</td><td>81.78</td><td></td></tr><tr><td>07/28/05</td><td>SOLD</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>-1,000,000</td><td>1.0000</td><td></td><td>1,000,000.00</td></tr><tr><td>07/29/05</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICXX</td><td>112,500</td><td>1.0000</td><td>112,500.00</td><td></td></tr></tbody></table>

<table border="1"><tr><td>07/29/05</td><td>CLOSINGBALANCE</td><td colspan="2">4,752,649.21</td></tr><tr><td>TOTAL</td><td></td><td>-1,909,975.38</td><td>$30,256,439.25</td></tr></table>

## DIVIDENDS

<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="5">07/14/05</td><td>IFIL(IST FIN ITAL)</td><td rowspan="5">IFPSF</td><td>100,000</td><td rowspan="5">0.0683</td><td></td><td rowspan="5">8,250.64</td></tr><tr><td>EUR1 INVST CL</td><td rowspan="4">WH</td><td rowspan="4">2,227.67</td></tr><tr><td>REC 07/13/05 PAY 07/14/05</td></tr><tr><td>EM CONV. RATE: 01,20800</td></tr><tr><td>FOREIGN TAX WITHHELD</td></tr><tr><td rowspan="5">07/15/05</td><td>DEERFIELD TRIARC CAP CORP</td><td rowspan="5"></td><td></td><td></td><td></td><td rowspan="5">350,000.00</td></tr><tr><td>ACCREDITED INVESTORS</td><td></td><td></td><td></td></tr><tr><td>RD 06/22 PD 07/15 RT .35000</td><td></td><td></td><td></td></tr><tr><td>CSH DIV ON 1000000 SHS</td><td></td><td></td><td></td></tr><tr><td>CR 7-15-05 DIV R-D 6-22-05</td><td></td><td></td><td></td><td></td></tr></tbody></table>

027



07/30/05;10:09 001


EFTA00196878



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 Metratech Center North

Brooklyn, New York 11201-3859



9 of 9



FINANCIAL TRUST COMPANY INC

## **Transaction Detail** (continued)

STATEMENT PERIOD July 1, 2005

THROUGH July 29, 2005

DIVIDENDS (continued)



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | June 30, 2005 |

| :--- | :--- |

<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>07/15/05</td><td>EQUITY OFFICE PROPERTIES TRUST SBI REC 06/30/05 PAY 07/15/05</td><td>EOP</td><td>110,000</td><td>0.5000</td><td></td><td>55,000.00</td></tr><tr><td>07/18/05</td><td>MACK-CALI REALTY CORP REC 07/06/05 PAY 07/18/05</td><td>CLI</td><td>88,100</td><td>0.6300</td><td></td><td>55,503.00</td></tr><tr><td>07/29/05</td><td>BEAR STEARNS COMPANIES INC REC 07/19/05 PAY 07/29/05</td><td>BSC</td><td>450,000</td><td>0.2500</td><td></td><td>112,500.00</td></tr><tr><td colspan="5">TOTAL</td><td>-$2,227.67</td><td>$581,253.64</td></tr></tbody></table>



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>07/21/05</td><td>INTEREST ON CREDIT BALANCE<br>ACCT<br>AT 02,37500% 06/21 - 07/20</td><td></td><td></td><td></td><td></td><td>81.77</td></tr><tr><td colspan="7">TOTAL</td><td>$81.77</td></tr></tbody></table>

## 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>07/01/05</td><td>JOURNAL</td><td>FROM</td><td></td><td>151,250.00</td></tr><tr><td>07/01/05</td><td>JOURNAL</td><td>FROM</td><td></td><td>361,341.00</td></tr><tr><td colspan="4">TOTAL</td><td>$512,591.00</td></tr></tbody></table>

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