FINANCIAL TRUST CO INC

C/O JEFFREY EPSTEIN &

6100 RED HOOK QUARTER STE B3

ST THOMAS VI 00802

Cash Flow Analysis

	THIS PERIOD
OpeningBalance	$0.00
Securities Sold	67,279,865.39
Amount Credited	$67,279,865.39
Securities Bought	-67,278,698.84
Dividends/Interest Charged	-1,166.55
Amount Debited	$-67,279,865.39
ClosingBalance	$0.00

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY Income Summary Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859

	THIS PERIOD	YEAR TO DATE
Govt. Agency Int.	0.00	8,281.71
Total	$0.00	$8,281.71
Bond Purchase Int.	-1,166.55	-169,671.73

STATEMENT PERIOD September 28, 2002 | LAST STATEMENT | September 27, 2002 | | :--- | :--- | FINANCIAL TRUST CO INC ACCOUNT NUMBER THROUGH October 25, 2002 TAXPAYER NUMBER Not Available 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. 027 10/26/02:10:59 001 V637 EFTA00197117 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 2 of 4 FINANCIAL TRUST CO INC Transaction Detail STATEMENT PERIOD September 28, 2002 ## INVESTMENT ACTIVITY THROUGH October 25, 2002 ACCOUNT NUMBER TAXPAYER NUMBER Not Available | LAST STATEMENT | September 27, 2002 | | :--- | :--- |

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
10/15/02	09/04/02	BOUGHT	FNMA GTD PASS THRU DUE 05/01/2032 06.000% REF # TBA EXTENDED 0,96671425 AS OF 09/04/02	499,949 ACCR. INT.	101.93750	509,636.34 1,166.55
10/15/02	09/04/02	BOUGHT	FNMA-30YR(FNMA)GTD SETT,10/02 DUE 10/01/2032 06.000% REF # TBA EXTENDED 0,96671425 AS OF 09/04/02	500,000	101.93750	509,687.50
10/15/02	09/04/02	BOUGHT	FNMA-30YR(FNMA)GTD SETT,10/02 DUE 10/01/2032 06.000% REF # TBA EXTENDED 0,96671425 AS OF 09/04/02	25,000,000	101.93750	25,484,375.00
10/15/02	09/04/02	BOUGHT	FNMA-30YR(FNMA)GTD SETT,10/02 DUE 10/01/2032 06.000% REF # TBA EXTENDED 1,00000000 TO CXL PREVIOUS BUY	40,000,000	101.93750	40,775,000.00
10/15/02	09/04/02	CANCEL BUY	FNMA-30YR(FNMA)GTD SETT,10/02 DUE 10/01/2032 06.000% REF # TBA EXTENDED 1,00000000 TO CXL PREVIOUS BUY	-500,000	101.93750		509,687.50
10/15/02	09/04/02	CANCEL BUY	FNMA-30YR(FNMA)GTD SETT,10/02 DUE 10/01/2032 06.000% REF # TBA EXTENDED TO CXL PREVIOUS BUY	-25,000,000	101.93750		25,484,375.00

027 10/26/02;10:59 001 EFTA00197118 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 of 4 FINANCIAL TRUST CO INC ## **Transaction Detail** (continued) STATEMENT PERIOD September 28, 2002 ## INVESTMENT ACTIVITY (continued)

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
10/15/02	09/04/02	CANCEL BUY	FNMA-30YR(FNMA) GTD SETT,10/02 DUE 10/01/2032 06,000% REF # BS AS OF 09/04/02 TO CXL PREVIOUS BUY	-40,000,000	101.93750		40,775,000.00
10/16/02		DELIVERED	FNMA GTD PASS THRU DUE 05/01/2032 6,000 6,000 DUE 05/01/32	-499,949			510,802.89
TOTAL						-67,279,865.39	$67,279,865.39

******* End of Statement******* 027 10/26/02;10:59 001 V637 EFTA00197119 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 4 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 027