Transaction Detail

Fund Activity 7

FINANCIAL TRUST COMPANY INC

C/O AMERICAN YACHT HARBOR

6100 RED HOOK SUTE B-3

QUAETERS #2

ST THOMAS VI 00802-1348

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 FINANCIAL TRUST COMPANY INC STATEMENT PERIOD September 30, 2006 TAXPAYER NUMBER On File ACCOUNT NUMBER THROUGH October 31, 2006 | LAST STATEMENT | September 29, 2006 | | :--- | :--- | Your Portfolio at a Glance

TOTAL VALUE OF SECURITIES THIS PERIOD	44,311,202
MONEY MARKET FUND BALANCE	20,786,625
NET EQUITY THIS PERIOD	$65,097,827
NET EQUITY LAST STATEMENT	61,533,377
CHANGE SINCE LAST STATEMENT	3,564,450

Market Value of Your Portfolio There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. 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, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859. 11/01/06:05:26 001 EFTA00196950 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 11/01/06:05:26 001 V916 EFTA00196951 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 3 of 9 Cash Flow Analysis

	THIS PERIOD
OpeningBalance	$2,238,954.11
Securities Sold	6,483,120.89
Money Fund	35,381.60
Dividends/Interest	36,487.80
Miscellaneous	497,491.63
Amount Credited	$7,052,481.92
Money Fund	-9,291,436.03
Amount Debited	$-9,291,436.03
Net Cash Activity	-2,238,954.11
Closing Balance	$0.00

Cash Balance Summary

	OPENING	CLOSING
Cash	2,238,954.11	0.00
Net Cash Balance	$2,238,954.11	$0.00

Income Summary

	THIS PERIOD	YEAR TO DATE
Dividends	71,781.60	2,018,348.16
Credit Balance Int.	87.80	87.80
Total	$71,869.40	$2,018,435.96

Portfolio Composition

Cash/Cash Equivalent	20,786,625
Equities	44,311,202
Total	$65,097,827

027 CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ## FINANCIAL TRUST COMPANY INC

STATEMENT PERIOD	September 30, 2006
THROUGH	October 31, 2006
ACCOUNT NUMBER
TAXPAYER NUMBER	On File
LAST STATEMENT	September 29, 2006

Your Portfolio Allocation Unhaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio. 11/01/06:05:26 001 EFTA00196952 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 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 5.1900%	DICXX	20,786,625.07	1.0000	20,786,625	1,060,118	5.1000
TOTAL CASH & CASH EQUIVALENTS				$20,786,625	$1,060,118

## Equities & Options ## EQUITIES The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC 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 the 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 use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC). 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. 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. Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 STATEMENT PERIOD September 30, 2006 FINANCIAL TRUST COMPANY INC ACCOUNT NUMBER | LAST STATEMENT | September 29, 2006 | | :--- | :--- | THROUGH October 31, 2006 TAXPAYER NUMBER On File

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
APPLE COMPUTER INC BSC RATING: STOCK O/SECTOR MW BOYAR'S ALTERNATIVE VIEWPOINT RATING: S	AAPL	CASH	120,000	81.0800	9,729,600
BEAR STEARNS COMPANIES INC	BSC	CASH	130,000	151.3500	19,675,500	145,600	0.7400
CHOICEPOINT INC	CPS	CASH	100,000	36.3900	3,639,000

027 11/01/06:05:26 001 V916 EFTA00196953 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 5 of 9 ## Your Portfolio Holdings (continued) Equities & Options (continued) Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
COLGATE PALMOLIVE CO BSC RATING: STOCK O/SECTOR MW BUCKINGHAM RESEARCH RATING: B	CL	CASH	56,200	63.9700	3,595,114	71,936	2.0009
DEERFIELD TRIARC CAP CORP ACCREDITED INVESTORS		CASH	462,691	14.8600	6,875,588
ENVIRONMENTAL SOLUTIONS WORLDWIDE INC	ESWW	CASH	100,000	0.6100	61,000
WYNN RESORTS LTD BSC RATING: STOCK O/SECTOR MW WALL STREET STRATEGIES RATING: B	WYNN	CASH	10,000	73.5400	735,400
Total Equities& Options					$44,311,202	$217,536
TOTAL EQUITIES					$44,311,202	$217,536

YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME	$1,277,654
YOUR PRICED PORTFOLIOHOLDINGS	$65,097,827

FINANCIAL TRUST COMPANY INC STATEMENT PERIOD September 30, 2006 ACCOUNT NUMBER THROUGH October 31, 2006 | LAST STATEMENT | September 29, 2006 | | :--- | :--- | TAXPAYER NUMBER On File 027 11/01/06:05:26 001 EFTA00196954 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, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 6 of 9 FINANCIAL TRUST COMPANY INC Transaction Detail ## INVESTMENT ACTIVITY

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	CREDIT AMOUNT
10/02/06	09/27/06	SOLD	DEERFIELD TRIARC CAP CORP UNSOLICITED RULE 144	DFR	-54,250	13.23060	714,483.01
10/02/06	09/27/06	SOLD	VECTOR GROUP LTD AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED SEE NOTE S ON BACK	VGR	-40,800	16.25190	660,609.16
10/03/06	09/28/06	SOLD	DEERFIELD TRIARC CAP CORP UNSOLICITED RULE 144	DFR	-17,850	13.21380	234,788.08
10/03/06	09/28/06	SOLD	DEERFIELD TRIARC CAP CORP UNSOLICITED RULE 144	DFR	-30,650	13.22910	403,620.47
10/03/06	09/28/06	SOLD	VECTOR GROUP LTD AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED SEE NOTE S ON BACK	VGR	-34,300	16.22250	554,356.66
10/04/06	09/29/06	SOLD	DEERFIELD TRIARC CAP CORP UNSOLICITED RULE 144	DFR	-59,950	13.21400	788,557.98
10/04/06	09/29/06	SOLD	VECTOR GROUP LTD AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED SEE NOTE S ON BACK	VGR	-22,568	16.26170	365,628.70
10/06/06	10/03/06	SOLD	DEERFIELD TRIARC CAP CORP UNSOLICITED RULE 144	DFR	-119,050	13.16410	1,559,994.99
10/10/06	10/04/06	SOLD	DEERFIELD TRIARC CAP CORP UNSOLICITED RULE 144	DFR	-53,150	13.22310	699,597.19

027 11/01/06:05:26 001 V916 EFTA00196955 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, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 7 of 9 FINANCIAL TRUST COMPANY INC ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

Settlement Date	Trade Date	Transaction	Description	SYMBOL/CUSIP	QUANTITY	PRICE	CREDIT AMOUNT
10/11/06		EXCHANGE	DEERFIELD TRIARC CAP CORP ACCREDITED INVESTORS EXCHANGE 00161		-500,000
10/11/06		EXCHANGE	DEERFIELD TRIARC CAP CORP EXCHANGE 00158	DFR	500,000
10/12/06		EXCHANGE	DEERFIELD TRIARC CAP CORP ACCREDITED INVESTORS EXCHANGE 00151		-37,309
10/12/06		EXCHANGE	DEERFIELD TRIARC CAP CORP EXCHANGE 00148	DFR	37,309
10/13/06	10/10/06	SOLD	DEERFIELD TRIARC CAP CORP UNSOLICITED RULE 144	DFR	-37,309	13.50180	501,484.65

## MONEY FUND ACTIVITY

DATE MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
09/30/06		OPENINGBALANCE		11,495,189.04

10/02/06	BOUGHT	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES	DICXX	660,609.16	1.0000	660,609.16
10/02/06	DIVIDEND	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND	DICXX				35,381.60
10/02/06	REINVEST	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST	DICXX	35,381.60		35,381.60

027 11/01/06:05:26 001 EFTA00196956 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) ## MONEY FUND ACTIVITY (continued)

MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
10/03/06	BOUGHT	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES	DICXX	554,356.66	1.0000	554,356.66
10/04/06	BOUGHT	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES	DICXX	365,628.70	1.0000	365,628.70
10/05/06	BOUGHT	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES	DICXX	497,484	1.0000	497,484.00
10/11/06	BOUGHT	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES	DICXX	6,640,003.46	1.0000	6,640,003.46
10/16/06	BOUGHT	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES	DICXX	501,484.65	1.0000	501,484.65
10/24/06	BOUGHT	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES	DICXX	87.80	1.0000	87.80
10/27/06	BOUGHT	DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES	DICXX	36,400	1.0000	36,400.00
10/31/06		CLOSINGBALANCE		20,786,625.07
TOTAL						-$ 9,291,436.03	$35,381.60

## DIVIDENDS

DATE	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	RATE ($)	DEBIT AMOUNT	CREDIT AMOUNT
10/27/06	BEAR STEARNS COMPANIES INC REC 10/17/06 PAY 10/27/06	BSC	130,000	0.2800		36,400.00
TOTAL						$36,400.00

027 11/01/06:05:26 001 EFTA00196957 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 Metratech Center North Brooklyn, New York 11201-3859 9 of 9 FINANCIAL TRUST COMPANY INC ## **Transaction Detail** (continued) INTEREST STATEMENT PERIOD September 30, 2006 THROUGH October 31, 2006 ACCOUNT NUMBER

DATE	DESCRIPTION	CREDIT AMOUNT
10/23/06	INTEREST ON CREDIT BALANCE	87.80
	ACCT
	AT 04,12500% 09/21 - 10/20
TOTAL			$87.80

DATE MO/DAY	TRANSACTION	DESCRIPTION	CREDIT AMOUNT
10/03/06	CASH-LIEU	VECTOR GROUP LTD CASH IN LIEU OF ,45000 REC 09/20/06 PAY 09/29/06	7.63
10/05/06	JOURNAL	FROM	143,091.00
10/05/06	JOURNAL	FROM	354,393.00
TOTAL			$497,491.63

******* End of Statement******* 027 11/01/06:05:26 001