EFTA00198611



BEAR
STEARNS


## 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></table>





# INSTITUTIONAL INTERESTS

PR/AC

C/O FINANCIAL TRUST COMPANY

ATTN LARRY KEMP

## Your Portfolio at a Glance

<table border="1"><tr><td>NET CREDIT BALANCE</td><td>629</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$629</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>627</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>2</td></tr></table>



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



INSTITUTIONAL INTERESTS



Market Value of Your Portfolio

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 04/28/01;18:46 001

V471

EFTA00198612

2 of 4

STATEMENT BACKER IS PRINTED ON THIS PAGE

| 027 | 04/28/01;18:46 001 | V471 |
| :--- | :--- | :--- |

EFTA00198613

3 of 4

Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>$626.98</td></tr><tr><td>Dividends/Interest</td><td>2.49</td></tr><tr><td>Miscellaneous</td><td>31,197.34</td></tr><tr><td>Amount Credited</td><td>$31,199.83</td></tr><tr><td>Miscellaneous</td><td>-31,197.34</td></tr><tr><td>Amount Debited</td><td>$-31,197.34</td></tr><tr><td>Net Cash Activity</td><td>2.49</td></tr><tr><td>ClosingBalance</td><td>$629.47</td></tr></table>

Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Cash</td><td>626.98</td><td>629.47</td></tr><tr><td>Net Cash Balance</td><td>$626.98</td><td>$629.47</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>3,068.13</td></tr><tr><td>Credit Balance Int.</td><td>2.49</td><td>3,290.98</td></tr><tr><td>Total</td><td>$2.49</td><td>$6,359.11</td></tr><tr><td>Margin Int. Paid</td><td>0.00</td><td>-13.16</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>629</td></tr><tr><td>Total</td><td>$629</td></tr></table>





INSTITUTIONAL INTERESTS



EFTA00198614



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear, Stearns & Co. Inc.

4 of 4

## Your Portfolio Holdings

CASH & CASH EQUIVALENTS

<table border="1"><tr><td>DESCRIPTION</td><td>SYMBOL/CUSIP</td><td>QUANTITY</td><td>PRICE</td><td>MARKET VALUE</td><td>ESTIMATED ANNUAL INCOME</td></tr><tr><td>CASH BALANCE</td><td></td><td></td><td></td><td>629</td><td></td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$629</td><td></td></tr></table>

<table border="1"><tr><td>YOUR PRICED PORTFOLIOHOLDINGS</td><td>$629</td></tr></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSDIARY





Transaction Detail




INTEREST




<table><thead><tr><th>DATE</th><th colspan="3">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>04/23/01</td><td>INT CR</td><td></td><td>APR 01</td><td></td><td></td><td></td><td></td><td>2.49</td></tr><tr><td>TOTAL</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>$2.49</td></tr></tbody></table>



INSTITUTIONAL INTERESTS



## 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>04/02/01</td><td>JOURNAL</td><td>TO CLOSE LINE</td><td>31,197.34</td><td></td></tr><tr><td>04/02/01</td><td>JOURNAL</td><td>CASH TO CLOSE LINE</td><td></td><td>31,197.34</td></tr><tr><td colspan="3">TOTAL</td><td>-31,197.34</td><td>$31,197.34</td></tr></tbody></table>

027



04/28/01;18:46 001


V471