EFTA00197247

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





<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

STATEMENT PERIOD October 27,2001



ACCOUNT NUMBER



THROUGH November 30, 2001

TAXPAYER NUMBER Not Available

## Your Portfolio at a Glance

| LAST STATEMENT | October 26, 2001 |

| :--- | :--- |

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 CREDIT BALANCE</td><td>10,479,583</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$10,479,583</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>10,503,156</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>-23,572</td></tr></table>

Market Value of Your Portfolio

| 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 | 12/01/01:13:55 001 |

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EFTA00197248

FINANCIAL TRUST COMPANY



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STATEMENT BACKER IS PRINTED ON THIS PAGE

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EFTA00197249



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

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## Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>$10,503,155.54</td></tr><tr><td>Dividends/Interest</td><td>19,305.04</td></tr><tr><td>Amount Credited</td><td>$19,305.04</td></tr><tr><td>Miscellaneous</td><td>-42,877.53</td></tr><tr><td>Amount Debited</td><td>$-42,877.53</td></tr><tr><td>Net Cash Activity</td><td>-23,572.49</td></tr><tr><td>ClosingBalance</td><td>$10,479,583.05</td></tr></table>

Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Cash</td><td>10,210,961.02</td><td>10,187,388.53</td></tr><tr><td>Margin</td><td>292,194.52</td><td>292,194.52</td></tr><tr><td>Net Cash Balance</td><td>$10,503,155.54</td><td>$10,479,583.05</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>0.00</td><td>232,000.00</td></tr><tr><td>Credit Balance Int.</td><td>19,305.04</td><td>74,657.80</td></tr><tr><td>Total</td><td>$19,305.04</td><td>$306,657.80</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>10,479,583</td></tr><tr><td>Total</td><td>$10,479,583</td></tr></table>

## FINANCIAL TRUST COMPANY

| STATEMENT PERIOD | October 27, 2001 |
| :--- | :--- |
| THROUGH | November 30, 2001 |



ACCOUNT NUMBER



TAXPAYER NUMBER Not Available

| LAST STATEMENT | October 26, 2001 |

| :--- | :--- |

EFTA00197250



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>10,479,583</td><td></td><td></td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$10,479,583</td><td></td><td></td></tr></tbody></table>

FINANCIAL TRUST COMPANY

<table border="1"><tr><td>YOUR PRICED PORTFOLIOHOLDINGS</td><td>$10,479,583</td></tr></table>

STATEMENT PERIOD October 27, 2001



INTEREST




Transaction Detail


THROUGH November 30, 2001



ACCOUNT NUMBER



TAXPAYER NUMBER Not Available

| LAST STATEMENT | October 26, 2001 |

| :--- | :--- |

<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>11/20/01</td><td>INTEREST ON CREDIT BALANCE FIN TRUST - CASH COLLAT IN 2001-10-22 TO 2001-11-19</td><td></td><td></td><td></td><td></td><td>19,305.04</td></tr><tr><td>TOTAL</td><td></td><td></td><td></td><td></td><td></td><td>$19,305.04</td></tr></tbody></table>

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EFTA00197251



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**

## **Transaction Detail** (continued)

## 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>11/09/01</td><td>JOURNAL</td><td>BSIL VS FINANCIAL TRUST CO.,I<br>NY13763 EQUITY SWAP<br>DUE 01/24/02<br>SUN MICROSYSTEMS INC<br>DERIVATIVE SETTLEMENT</td><td>42,877.53</td><td></td></tr><tr><td colspan="3">TOTAL</td><td>-42,877.53</td><td></td></tr></tbody></table>





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



FINANCIAL TRUST COMPANY

STATEMENT PERIOD October 27, 2001

THROUGH November 30, 2001

ACCOUNT NUMBER

TAXPAYER NUMBER Not Available

| LAST STATEMENT | October 26, 2001 |

| :--- | :--- |

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