## Statements

EFTA00197221

OFFICE SERVICING YOUR ACCOUNT
Bear Stearns International Ltd
1 Canada Square
London E14 5AD
Regulated by the Financial Services Authority
+ 44 20 7516 6000

| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |

| TELEPHONE | |

| VISIT OUR WEBSITE | www.bearstearns.com |

## What’s In This Statement

Transaction Detail 3





<table border="1"><tr><td>FINANCIAL TRUST COMPANY</td></tr><tr><td>C/O AMERICAN YACHT HARBOR</td></tr><tr><td>6100 RED HOOK QUARTER</td></tr><tr><td>SUITE B-3</td></tr><tr><td>ST THOMAS VI 00802</td></tr></table>

## FINANCIAL TRUST COMPANY

## Your Portfolio at a Glance



ACCOUNT NUMBER



THROUGH April 30, 2004

TAXPAYER NUMBER On File

STATEMENT PERIOD April 1, 2004

| LAST STATEMENT | March 31, 2004 |

| :--- | :--- |

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

<table border="1"><tr><td>NET EQUITY THIS PERIOD</td><td>0</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>3,923,430</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>-3,923,430</td></tr></table>

Market Value of Your Portfolio

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EFTA00197222

FINANCIAL TRUST COMPANY



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STATEMENT BACKER IS PRINTED ON THIS PAGE

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EFTA00197223



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear Stearns International Ltd
1 Canada Square
London E14 5AD
Regulated by the Financial Services Authority
+ 44 20 7516 6000



3 of 3



FINANCIAL TRUST COMPANY

STATEMENT PERIOD April 1, 2004

THROUGH April 30, 2004



Transaction Detail




ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | March 31, 2004 |

| :--- | :--- |

## INVESTMENT ACTIVITY

<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>04/20/04</td><td></td><td>JOURNAL</td><td>WALT DISNEY CO HOLDING CO<br>JRL TO PER LOA</td><td>DIS</td><td>-157,000</td><td></td><td></td><td></td></tr><tr><td colspan="9">TOTAL</td></tr></tbody></table>





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



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