EFTA00197577

OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179

| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | ZICHERMAN,IRA |

| TELEPHONE | |

| VISIT OUR WEBSITE | www.bearstearns.com |

## What’s In This Statement

<table border="1"><tr><td>Financial Summary</td><td>3</td></tr><tr><td>Your Portfolio Holdings</td><td>4</td></tr><tr><td>Transaction Detail</td><td>4</td></tr><tr><td>Fund Activity</td><td>5</td></tr><tr><td>Your Messages</td><td>6</td></tr></table>





# HERITAGE INTERESTS

FINANCIAL TRUST CO TTEE

DTD 7-30-91 \*

ATTN JEANIE BRENNAN

6100 RED HOOK QUARTER STE B-3

ST THOMAS VI 00802



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

## Your Portfolio at a Glance

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

HERITAGE INTERESTS

<table border="1"><tr><td>NET CREDIT BALANCE</td><td>182,305</td></tr><tr><td>MONEY MARKET FUND BALANCE</td><td>5,705,470</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$5,887,775</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>8,411,593</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>-2,523,818</td></tr></table>

ACCOUNT NUMBER

TAXPAYER NUMBER On File

| LAST STATEMENT | December 31, 2001 |

| :--- | :--- |

STATEMENT PERIOD January 1, 2002

THROUGH January 25, 2002

Market Value of Your Portfolio

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

HERITAGE INTERESTS

STATEMENT BACKER IS PRINTED ON THIS PAGE

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BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179

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Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>$1,368,453.85</td></tr><tr><td>Securities Sold</td><td>2,749,103.71</td></tr><tr><td>Money Fund</td><td>2,407,331.37</td></tr><tr><td>Dividends/Interest</td><td>1,163.66</td></tr><tr><td>Amount Credited</td><td>$5,157,598.74</td></tr><tr><td>Money Fund</td><td>-4,007,331.37</td></tr><tr><td>Funds Withdrawn</td><td>-186,416.00</td></tr><tr><td>Miscellaneous</td><td>-2,150,000.00</td></tr><tr><td>Amount Debited</td><td>$-6,343,747.37</td></tr><tr><td>Net Cash Activity</td><td>-1,186,148.63</td></tr><tr><td>Closing Balance</td><td>$182,305.22</td></tr></table>

Same day transfers of cash between account types are not included in this section; such transfers, as well as details for all other transactions this period, appear in Transaction Detail.

Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Cash</td><td>38,800.57</td><td>181,892.80</td></tr><tr><td>Margin</td><td>1,329,652.30</td><td>0.00</td></tr><tr><td>Short</td><td>0.98</td><td>412.42</td></tr><tr><td>Net Cash Balance</td><td>$1,368,453.85</td><td>$182,305.22</td></tr></table>

Income Summary

<table border="1"><tr><td></td><th>THIS PERIOD</th><th>YEAR TO DATE</th></tr><tr><td>Credit Balance Int.</td><td>751.24</td><td>751.24</td></tr><tr><td>Total</td><td>$751.24</td><td>$751.24</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>5,887,775</td></tr><tr><td>Total</td><td>$5,887,775</td></tr></table>

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CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

HERITAGE INTERESTS

STATEMENT PERIOD January 1, 2002



01/26/02;08:54 001


THROUGH January 25, 2002



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | December 31, 2001 |

| :--- | :--- |

Your Portfolio Allocation

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

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BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179

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## 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>182,305</td><td></td><td></td></tr><tr><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD 1,9500%</td><td>DICCX</td><td>5,705,470.46</td><td>1.0000</td><td>5,705,470</td><td>119,815</td><td>2.1000</td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$5,887,775</td><td>$119,815</td><td></td></tr></tbody></table>

<table border="1"><tr><td>YOUR TOTAL ESTIMATED ANNUAL INCOME</td><td>$119,815</td></tr><tr><td>YOUR PRICED PORTFOLIOHOLDINGS</td><td>$5,887,775</td></tr></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

## INVESTMENT ACTIVITY



Transaction Detail


HERITAGE INTERESTS

STATEMENT PERIOD January 1, 2002

<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>01/08/02</td><td>01/03/02</td><td>SOLD</td><td>TYCO INTERNATIONAL LTD<br>AVG PRICE SHOWN-DETAILS ON REQ<br>ACTUAL CONFIRM TO YOUR AGENT<br>UNSOLICITED</td><td>TYC</td><td>-25,000</td><td>55.07460</td><td></td><td>1,375,341.84</td></tr><tr><td>01/09/02</td><td>01/04/02</td><td>SOLD</td><td>TYCO INTERNATIONAL LTD<br>AVG PRICE SHOWN-DETAILS ON REQ<br>ACTUAL CONFIRM TO YOUR AGENT<br>UNSOLICITED</td><td>TYC</td><td>-25,000</td><td>55.01140</td><td></td><td>1,373,761.87</td></tr><tr><td colspan="8">TOTAL</td><td>$2,749,103.71</td></tr></tbody></table>

ACCOUNT NUMBER

THROUGH January 25, 2002

TAXPAYER NUMBER On File

| LAST STATEMENT | December 31, 2001 |

| :--- | :--- |

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BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY



**5 of 6**



Bear, Steams Securities Corp.

One Metrotech Center North Brooklyn, New York 11201-3859



## **Transaction Detail** (continued)

DEPOSITS AND WITHDRAWALS

HERITAGE INTERESTS

STATEMENT PERIOD January 1, 2002

THROUGH January 25, 2002



ACCOUNT NUMBER



TAXPAYER NUMBER On File

| LAST STATEMENT | December 31, 2001 |

| :--- | :--- |

## MONEY FUND ACTIVITY

<table><thead><tr><th>DATE MOIDAY</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>01/01/02</td><td></td><td>OPENINGBALANCE</td><td></td><td>4,098,139.09</td><td></td><td></td><td></td></tr><tr><td>01/02/02</td><td>REINVEST</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES<br>DIVIDEND REINVESTED</td><td>DICCX</td><td>7,331.37</td><td></td><td>7,331.37</td><td></td></tr><tr><td>01/02/02</td><td>DIVIDEND</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES<br>AMT INCLUDED IN 2001 - 1099</td><td>DICCX</td><td></td><td></td><td></td><td>7,331.37</td></tr><tr><td>01/09/02</td><td>SOLD</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICCX</td><td>-2,400,000</td><td>1.0000</td><td></td><td>2,400,000.00</td></tr><tr><td>01/10/02</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES</td><td>DICCX</td><td>4,000,000</td><td>1.0000</td><td>4,000,000.00</td><td></td></tr><tr><td>01/25/02</td><td></td><td>CLOSINGBALANCE</td><td></td><td>5,705,470.46</td><td></td><td></td><td></td></tr><tr><td colspan="5">TOTAL</td><td></td><td>-$4,007,331.37</td><td>$2,407,331.37</td></tr></tbody></table>

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BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc.
383 Madison Avenue
New York, New York 10179



CLEARED THROUGH ITS
WHOLLY OWNED SUBSDIARY


6 of 6



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



HERITAGE INTERESTS

## **Transaction Detail** (continued)



INTEREST


STATEMENT PERIOD January 1, 2002

THROUGH January 25, 2002

<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>01/22/02</td><td>INTEREST ON CREDIT BALANCE AT 1 1/4% 12/21 THRU 12/30</td><td></td><td></td><td>1.2500</td><td></td><td>62.74</td></tr><tr><td>01/22/02</td><td>INTEREST ON CREDIT BALANCE AT 1 1/4% 12/31 THRU 01/20</td><td></td><td></td><td>1.2500</td><td></td><td>688.50</td></tr><tr><td>01/22/02</td><td>SHT ACCT FEE 12/21-01 20 02</td><td></td><td></td><td></td><td></td><td>412.42</td></tr><tr><td colspan="6">TOTAL</td><td>$1,163.66</td></tr></tbody></table>

ACCOUNT NUMBER

TAXPAYER NUMBER On File

| LAST STATEMENT | December 31, 2001 |

| :--- | :--- |

## 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>01/07/02</td><td>JOURNAL</td><td>MARK TO MARKET</td><td></td><td>0.98</td></tr><tr><td>01/07/02</td><td>JOURNAL</td><td>MARK TO MARKET SHORT POS</td><td>0.98</td><td></td></tr><tr><td>01/09/02</td><td>JOURNAL</td><td>TO 047-30185 PER LOA</td><td>2,150,000.00</td><td></td></tr><tr><td>01/11/02</td><td>JOURNAL</td><td>JOURNAL FROM TYPE 2 TO 1</td><td></td><td>1,329,653.28</td></tr><tr><td>01/11/02</td><td>JOURNAL</td><td>JOURNAL FROM TYPE 2 TO 1</td><td>1,329,653.28</td><td></td></tr><tr><td colspan="3">TOTAL</td><td>-$3,479,654.26</td><td>$1,329,654.26</td></tr></tbody></table>

## Your messages



The interest, if any, charged to your account during December 2001 was computed on the net debit balance through December 30.

The interest, if any, charged to your account during January 2002 is computed from December 31, 2001.

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