## Statements

EFTA00197242

OFFICE SERVICING YOUR ACCOUNT
Bear,Stearns International LTD
Regulated by the Security &
Futures Authority
1 Canada Square
London E14 5AD England
0207 516 6614

| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |

| TELEPHONE | |

| VISIT OUR WEBSITE | www.bearstearns.com |

## What’s In This Statement

Financial Summary 3

Your Portfolio Holdings 4

Transaction Detail 4





## FINANCIAL TRUST COMPANY

<table><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>

STATEMENT PERIOD December 1, 2001

THROUGH December 31, 2001



ACCOUNT NUMBER



TAXPAYER NUMBER Not Available

| LAST STATEMENT | November 30, 2001 |

| :--- | :--- |

## Your Portfolio at a Glance

<table border="1"><tr><td>TOTAL VALUE OF SECURITIES THIS PERIOD</td><td>23,375,000</td></tr><tr><td>NET CREDIT BALANCE</td><td>8,103</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$23,383,103</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>10,479,583</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>12,903,520</td></tr></table>

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

Market Value of Your Portfolio

## Important Message

If any information regarding 2001 interest, dividends, miscellaneous income, gross proceeds or original issue discount is required to be reported to the IRS for this account, a Consolidated Form 1099 will be mailed to you by January 31, 2002 or 1042S by March 15, 2002.

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| :--- | :--- |
| 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 | 01/03/02;11:25 001 |

V519

EFTA00197243

FINANCIAL TRUST COMPANY



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STATEMENT BACKER IS PRINTED ON THIS PAGE

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EFTA00197244



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear,Stearns International LTD
Regulated by the Security &
Futures Authority
1 Canada Square
London E14 5AD England
0207 516 6614

3 of 5

Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>$10,479,583.05</td></tr><tr><td>Dividends/Interest</td><td>8,102.63</td></tr><tr><td>Miscellaneous</td><td>544,389.04</td></tr><tr><td>Amount Credited</td><td>$552,491.67</td></tr><tr><td>Miscellaneous</td><td>-11,023,972.09</td></tr><tr><td>Amount Debited</td><td>$-11,023,972.09</td></tr><tr><td>Net Cash Activity</td><td>-10,471,480.42</td></tr><tr><td>Closing Balance</td><td>$8,102.63</td></tr></table>

Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Cash</td><td>10,187,388.53</td><td>8,102.63</td></tr><tr><td>Margin</td><td>292,194.52</td><td>0.00</td></tr><tr><td>Net Cash Balance</td><td>$10,479,583.05</td><td>$8,102.63</td></tr></table>

Income Summary

<table border="1"><tr><td></td><th>THIS PERIOD</th><th>YEAR TO DATE</th></tr><tr><td>Dividends</td><td>0.00</td><td>232,000.00</td></tr><tr><td>Credit Balance Int.</td><td>8,102.63</td><td>82,760.43</td></tr><tr><td>Total</td><td>$8,102.63</td><td>$314,760.43</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>8,103</td></tr><tr><td>Equities</td><td>23,375,000</td></tr><tr><td>Total</td><td>$23,383,103</td></tr></table>

## FINANCIAL TRUST COMPANY

| STATEMENT PERIOD | December 1, 2001 |
| :--- | :--- |
| THROUGH | December 31, 2001 |



ACCOUNT NUMBER



TAXPAYER NUMBER Not Available

Your Portfolio Allocation

| LAST STATEMENT | November 30, 2001 |

| :--- | :--- |

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

EFTA00197245



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear,Stearns International LTD
Regulated by the Security &
Futures Authority
1 Canada Square
London E14 5AD England
0207 516 6614

4 of 5

## 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>CASH BALANCE</td><td></td><td></td><td></td><td>8,103</td><td></td><td></td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$8,103</td><td></td><td></td></tr></tbody></table>

## EQUITIES

Equities & Options

<table border="1"><tr><td>DESCRIPTION</td><td>SYMBOL/CUSIP</td><td>ACCT TYPE</td><td>QUANTITY</td><td>PRICE</td><td>MARKET VALUE</td><td>ESTIMATED ANNUAL INCOME</td><td>CURRENT YIELD(%)</td></tr><tr><td>TOO INC</td><td>TOO</td><td>CASH</td><td>850,000</td><td>27.5000</td><td>23,375,000</td><td></td><td></td></tr><tr><td>Total Equities&amp;Options</td><td></td><td></td><td></td><td></td><td>$23,375,000</td><td>$0</td><td></td></tr><tr><td>TOTAL EQUITIES</td><td></td><td></td><td></td><td></td><td>$23,375,000</td><td>$0</td><td></td></tr></table>

<table border="1"><tr><td>YOUR PRICED PORTFOLIOHOLDINGS</td><td>$23,383,102</td></tr></table>

FINANCIAL TRUST COMPANY

STATEMENT PERIOD December 1, 2001

## INVESTMENT ACTIVITY



Transaction Detail


THROUGH December 31, 2001



ACCOUNT NUMBER



| LAST STATEMENT | November 30, 2001 |

| :--- | :--- |

TAXPAYER NUMBER Not Available

<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>12/18/01</td><td></td><td>JOURNAL</td><td>TOO INC<br>FROM<br>SAME</td><td>TOO</td><td>1,000,000</td><td></td><td></td><td></td></tr></tbody></table>

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EFTA00197246



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear,Stearns International LTD
Regulated by the Security &
Futures Authority
1 Canada Square
London E14 5AD England
0207 516 6614

**5 of 5**

FINANCIAL TRUST COMPANY

STATEMENT PERIOD December 1, 2001

## **Transaction Detail** (continued)

## INVESTMENT ACTIVITY (continued)

THROUGH December 31, 2001



ACCOUNT NUMBER



TAXPAYER NUMBER Not Available

| LAST STATEMENT | November 30, 2001 |

| :--- | :--- |

<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>12/21/01</td><td></td><td>JOURNAL</td><td>TOO INC<br>JRL TO 038</td><td>TOO</td><td>-100,000</td><td></td><td></td><td></td></tr><tr><td>12/26/01</td><td></td><td>JOURNAL</td><td>TOO INC<br>JRL TO PER INTX'S</td><td>TOO</td><td>-50,000</td><td></td><td></td><td></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>12/20/01</td><td>INTEREST ON CREDIT BALANCE<br>FIN TRUST .CASH COLLAT IN 2001-11-20 TO 2001-12-19</td><td></td><td></td><td></td><td></td><td>8,102.63</td></tr><tr><td colspan="7">TOTAL</td><td>$8,102.63</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>12/04/01</td><td>JOURNAL</td><td>COL DEL LOA INTO</td><td>10,479,583.05</td><td></td></tr><tr><td>12/05/01</td><td>JOURNAL</td><td>TXFR BET TYPE1/TYPE2</td><td>252,194.52</td><td></td></tr><tr><td>12/06/01</td><td>JOURNAL</td><td>TXFR BET TYPE1/TYPE2</td><td></td><td>292,194.52</td></tr><tr><td>12/06/01</td><td>JOURNAL</td><td>TXFR BET TYPE1/TYPE2</td><td>292,194.52</td><td></td></tr><tr><td>12/06/01</td><td>JOURNAL</td><td>REVERSE 12/5 JRNL</td><td></td><td>252,194.52</td></tr><tr><td colspan="3">TOTAL</td><td>-11,023,972.09</td><td>$544,389.04</td></tr></tbody></table>

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