Bear Stearns brokerage statement for Jeffrey Epstein's trust, April–May 2001

EFTA00197341¶

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶

CLEARED THROUGH ITS¶

WHOLLY OWNED SUBSIDIARY¶

| | |¶

| :--- | :--- |¶

| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |¶

| TELEPHONE | |¶

| VISIT OUR WEBSITE | www.bearstearns.com |¶

Financial Summary	3
Your Portfolio Holdings	4
Transaction Detail	5

What’s In This Statement¶

HEALTH & SCIENCE INTERESTS II

TRUST JEFFREY E EPSTEIN TTEE

DTD 8/18/93

6100 RED HOOK QUARTER STE B-3

ST THOMAS VI 00802

Bear, Steams Securities Corp.¶

One Metrotech Center North¶

Brooklyn, New York 11201-3859¶

HEALTH & SCIENCE INTERESTS II¶

STATEMENT PERIOD April 28, 2001¶

THROUGH May 25, 2001¶

ACCOUNT NUMBER¶

TAXPAYER NUMBER On File¶

| LAST STATEMENT | April 27, 2001 |¶

| :--- | :--- |¶

Your Portfolio at a Glance¶

TOTAL VALUE OF SECURITIES THIS PERIOD	15,148,630
NET CREDIT BALANCE	51,144
NET EQUITY THIS PERIOD	$15,199,774
NET EQUITY LAST STATEMENT	16,101,640
CHANGE SINCE LAST STATEMENT	-901,865

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

Market Value of Your Portfolio¶

In an effort to deliver statements to you more efficiently, Bear Stearns has enhanced the distribution of statements to household accounts.¶

Beginning in June, all statements with the same Address and Social Security number / Taxpayer identification number will be mailed in a single envelope. For further details, please contact your account executive.¶

Important Message¶

Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859.¶

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.¶

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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶

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Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶

STATEMENT BACKER IS PRINTED ON THIS PAGE¶

HEALTH & SCIENCE INTERESTS II¶

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EFTA00197343¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶

3 of 5¶

Cash Flow Analysis¶

	THIS PERIOD
OpeningBalance	$650,245.67
Dividends/Interest	898.81
Amount Credited	$898.81
Funds Withdrawn	-600,000.00
Amount Debited	$-600,000.00
Net Cash Activity	-599,101.19
Closing Balance	$51,144.48

Cash Balance Summary¶

	OPENING	CLOSING
Cash	650,245.67	51,144.48
Net Cash Balance	$650,245.67	$51,144.48

Income Summary¶

	THIS PERIOD	YEAR TO DATE
Dividends	6.51	83,588.84
Credit Balance Int.	892.30	9,398.90
Total	$898.81	$92,987.74

Portfolio Composition¶

Cash/Cash Equivalent	51,144
Equities	15,148,630
Total	$15,199,774

Bear, Steams Securities Corp.¶

One Metrotech Center North¶

Brooklyn, New York 11201-3859¶

HEALTH & SCIENCE INTERESTS II¶

STATEMENT PERIOD April 28, 2001¶

THROUGH May 25, 2001¶

ACCOUNT NUMBER¶

TAXPAYER NUMBER On File¶

Your Portfolio Allocation¶

| LAST STATEMENT | April 27, 2001 |¶

| :--- | :--- |¶

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

EFTA00197344¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶

4 of 5¶

Your Portfolio Holdings¶

CASH & CASH EQUIVALENTS¶

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME
CASH BALANCE				51,144
TOTAL CASH & CASH EQUIVALENTS				$51,144

EQUITIES¶

Equities & Options¶

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
LIMITED INC	LTD	CASH	700,000	16.7400	11,718,000	210,000	1.7921
MEDTRONIC INC	MDT	CASH	63,320	42.5000	2,691,100	12,664	0.4706
PNC FINANCIAL SVCS GROUP INC	PNC	CASH	10,267	69.1500	709,963	19,713	2.7766
TYCO INTERNATIONAL LTD	TYC	CASH	521	56.7500	29,567	26	0.0879
Total Equities& Options					$15,148,630	$242,403
TOTAL EQUITIES					$15,148,630	$242,403

YOUR TOTAL ESTIMATED ANNUAL INCOME	$242,403
YOUR PRICED PORTFOLIOHOLDINGS	$15,199,774

CLEARED THROUGH ITS¶

WHOLLY OWNED SUBSIDIARY¶

Bear, Steams Securities Corp.¶

One Metrotech Center North¶

Brooklyn, New York 11201-3859¶

STATEMENT PERIOD April 28, 2001¶

HEALTH & SCIENCE INTERESTS II¶

THROUGH May 25, 2001¶

AGCOUNT NUMBER¶

TAXPAYER NUMBER On File¶

| LAST STATEMENT | April 27, 2001 |¶

| :--- | :--- |¶

027¶

05/26/01;10:08 001¶

EFTA00197345¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶

CLEARED THROUGH ITS¶

CLEARLY WOUNDED SUBSIDIARY¶

5 of 5¶

Bear, Steams Securities Corp.¶

One Metrotech Center North Brooklyn, New York 11201-3859¶

DEPOSITS AND WITHDRAWALS¶

Transaction Detail¶

DATE	TRANSACTION	DESCRIPTION	DEBIT AMOUNT	CREDIT AMOUNT
05/02/01	FND WIRED	MDA CUSTODIAL TRUST COMPANY F#102491	600,000.00
TOTAL			-600,000.00

DIVIDENDS¶

HEALTH & SCIENCE INTERESTS II¶

DATE	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	RATE ($)	DEBIT AMOUNT	CREDIT AMOUNT
05/02/01	TYCO INTERNATIONAL LTD REC 04/02/01 PAY 05/02/01	TYC	521	0.0125		6.51
TOTAL							$6.51

STATEMENT PERIOD April 28, 2001¶

THROUGH May 25, 2001¶

ACCOUNT NUMBER¶

INTEREST¶

TAXPAYER NUMBER On File¶

| LAST STATEMENT | April 27, 2001 |¶

| :--- | :--- |¶

DATE	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	RATE (%)	DEBIT AMOUNT	CREDIT AMOUNT
05/21/01	INTEREST ON CREDIT BALANCE AT 3 1/2% 05/15 THRU 05/20			3.5000		29.31
05/21/01	INTEREST ON CREDIT BALANCE AT 4,000% 04/21 THRU 05/14			4.0000		862.99
TOTAL						$892.30

******* End of Statement*******¶

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