EFTA00198721

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

| | |

| :--- | :--- |

| 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>3</td></tr><tr><td>Transaction Detail</td><td>4</td></tr><tr><td>Your Messages</td><td>4</td></tr></table>





# INTERNATIONAL CHARITABLE INTS

FINANCIAL TRUST CO TTEE

DTD 4-28-94

ATTN JEANIE BRENNAN

6100 RED HOOK QUARTE 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.

<table border="1"><tr><td>NET CREDIT BALANCE</td><td>17,495</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$17,495</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>17,417</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>77</td></tr></table>



INTERNATIONAL CHARITABLE INTS



STATEMENT PERIOD January 27, 2001

Market Value of Your Portfolio

| LAST STATEMENT | January 26, 2001 |

| :--- | :--- |

THROUGH February 23, 2001

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.

027

EFTA00198722



CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY


2 of 4

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

STATEMENT BACKER IS PRINTED ON THIS PAGE



INTERNATIONAL CHARITABLE INTS


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02/24/01;20:42 001


EFTA00198723



BEAR
STEARNS


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

3 of 4

## Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>$17,417.38</td></tr><tr><td>Dividends/Interest</td><td>77.29</td></tr><tr><td>Amount Credited</td><td>$77.29</td></tr><tr><td>Net Cash Activity</td><td>77.29</td></tr><tr><td>ClosingBalance</td><td>$17,494.67</td></tr></table>

Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Cash</td><td>17,417.38</td><td>17,494.67</td></tr><tr><td>Net Cash Balance</td><td>$17,417.38</td><td>$17,494.67</td></tr></table>

Income Summary

<table border="1"><tr><td></td><td>THIS PERIOD</td><td>YEAR TO DATE</td></tr><tr><td>Credit Balance Int.</td><td>77.29</td><td>886.03</td></tr><tr><td>Total</td><td>$77.29</td><td>$886.03</td></tr></table>

CASH & CASH EQUIVALENTS

Portfolio Composition

## Your Portfolio Holdings

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>17,495</td></tr><tr><td>Total</td><td>$17,495</td></tr></table>

<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></tr></thead><tbody><tr><td>CASH BALANCE</td><td></td><td></td><td></td><td>17,495</td><td></td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$17,495</td><td></td></tr></tbody></table>



CLEARED THROUGH ITS
WHOLLY OWNED SUBSDIARY


Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



INTERNATIONAL CHARITABLE INTS



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.



02/24/01;20:42 001


EFTA00198724



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

Bear, Stearns & Co. Inc.
245 Park Avenue
New York, New York 10167



CLEARED THROUGH ITS
CLEARLY WOUNDED SUBSIDIARY



4 of 4

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

YOUR PRICEDPORTFOLIOHOLDINGS

# Your Portfolio Holdings (continued)



INTERNATIONAL CHARITABLE INTS



THROUGH February 23, 2001



Transaction Detail


STATEMENT PERIOD January 27, 2001



INTEREST


<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>02/21/01</td><td>INTEREST ON CREDIT BALANCE AT 5 1/2% 01/21 THRU 01/30</td><td></td><td></td><td>5.5000</td><td></td><td>26.49</td></tr><tr><td>02/21/01</td><td>INTEREST ON CREDIT BALANCE AT 5,000% 01/31 THRU 02/20</td><td></td><td></td><td>5.0000</td><td></td><td>50.80</td></tr><tr><td colspan="6">TOTAL</td><td>$77.29</td></tr></tbody></table>

| LAST STATEMENT | January 26, 2001 |
| :--- | :--- |

## Your messages



The interest, if any, charged to your account during December 2000 was computed on the net debit balance through December 28. The interest, if any, charged to your account during January 2001 is computed from December 29, 2000.

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02/24/01;20:42 001