FINANCIAL TRUST COMPANY

C/O AMERICAN YACHT HARBOR

6100 RED HOOK QUARTER

SUITE B-3

ST THOMAS VI 00802

## FINANCIAL TRUST COMPANY STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 ACCOUNT NUMBER TAXPAYER NUMBER Not Available There are no "Stop Loss" orders or other pending buy or sell open orders on file for your account. ## Your Portfolio at a Glance | LAST STATEMENT | August 31, 2001 | | :--- | :--- |

NET CREDIT BALANCE	10,531,649
NET EQUITY THIS PERIOD	$10,531,649
NET EQUITY LAST STATEMENT	8,970,861
CHANGE SINCE LAST STATEMENT	1,560,789

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 09/29/01:14:09 001 V500 EFTA00197257 FINANCIAL TRUST COMPANY 2 of 5 STATEMENT BACKER IS PRINTED ON THIS PAGE EFTA00197258 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

	THIS PERIOD
OpeningBalance	$8,970,860.71
Dividends/Interest	20,983.13
Miscellaneous	1,660,194.52
Amount Credited	$1,681,177.65
Dividends/Interest Charged	-60,194.52
Miscellaneous	-60,194.52
Amount Debited	$-120,389.04
Net Cash Activity	1,560,788.61
ClosingBalance	$10,531,649.32

Cash Balance Summary

	OPENING	CLOSING
Cash	8,738,860.71	10,239,454.80
Margin	232,000.00	292,194.52
Net Cash Balance	$8,970,860.71	$10,531,649.32

Income Summary

	THIS PERIOD	YEAR TO DATE
Dividends	0.00	232,000.00
Credit Balance Int.	20,983.13	30,970.43
Total	$20,983.13	$262,970.43

Portfolio Composition

Cash/Cash Equivalent	10,531,649
Total	$10,531,649

027 ## FINANCIAL TRUST COMPANY

STATEMENT PERIOD	September 1, 2001
THROUGH	September 28, 2001
ACCOUNT NUMBER
TAXPAYER NUMBER	Not Available
LAST STATEMENT	August 31, 2001

09/29/01;14:09 001 Unshaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio. EFTA00197259 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

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
CASH BALANCE				10,531,649
TOTAL CASH & CASH EQUIVALENTS				$10,531,649

FINANCIAL TRUST COMPANY

YOUR PRICED PORTFOLIOHOLDINGS

$10,531,649

DATE	DESCRIPTION	DEBIT AMOUNT	CREDIT AMOUNT
09/10/01	BSIL VS FINANCIAL TRUST CO.,I NY13763 EQUITY SWAP DUE 01/24/02 SUN MICROSYSTEMS INC RECEIVE ON CASH FLOW C	60,194.52
09/20/01	INTEREST ON CREDIT BALANCE FIN TRUST .CASH COLLAT IN 2001-08-20 TO 2001-09-19		20,983.13
TOTAL		-60,194.52	$20,983.13

027 09/29/01;14:09 001 V500 EFTA00197260 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

DATE MO/DAY	TRANSACTION	DESCRIPTION	DEBIT AMOUNT	CREDIT AMOUNT
09/10/01	JOURNAL	SWAP PMNT NY	60,194.52
09/14/01	JOURNAL	BSIL VS FINANCIAL TRUST CO.,I NY13763 EQUITY SWAP DUE 01/24/02 SUN MICROSYSTEMS INC REV JOURNAL 9/10		60,194.52
09/18/01	JOURNAL	FROM SAME NAME		400,000.00
09/19/01	JOURNAL	FROM		400,000.00
09/21/01	JOURNAL	FROM		500,000.00
09/24/01	JOURNAL	FROM SAME		300,000.00
TOTAL			-60,194.52	$1,660,194.52

******* End of Statement******* ## FINANCIAL TRUST COMPANY STATEMENT PERIOD September 1, 2001 THROUGH September 28, 2001 ACCOUNT NUMBER TAXPAYER NUMBER Not Available LAST STATEMENT August 31, 2001 027 09/29/01;14:09 001 V500