## Statements

EFTA00199832



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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

## What’s In This Statement

<table border="1"><tr><td>Financial Summary</td><td>3</td></tr><tr><td>Transaction Detail</td><td>4</td></tr></table>



CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY








INTERNATIONAL CHARITABLE

INTERESTS | 2/28/94

C/O FINANCIAL TRUST COMAPNY

ATTN LARRY KEMP

6100 RED HOOK QUARTER STE B-3

ST THOMAS VI 00802





Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



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

## Your Portfolio at a Glance

INTERNATIONAL CHARITABLE

<table border="1"><tr><td>NET EQUITY THIS PERIOD</td><td>0</td></tr><tr><td></td><td></td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>20,586</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>-20,586</td></tr></table>

STATEMENT PERIOD April 27, 2002

THROUGH May 31, 2002

| LAST STATEMENT | April 26, 2002 |

| :--- | :--- |



ACCOUNT NUMBER

TAXPAYER NUMBER



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.

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EFTA00199833



CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY


2 of 5

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

STATEMENT BACKER IS PRINTED ON THIS PAGE



INTERNATIONAL CHARITABLE


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EFTA00199834



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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

3 of 5

Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>$20,585.50</td></tr><tr><td>Miscellaneous</td><td>9,417,281.63</td></tr><tr><td>Amount Credited</td><td>$9,417,281.63</td></tr><tr><td>Dividends/Interest Charged</td><td>-1,323.92</td></tr><tr><td>Miscellaneous</td><td>-9,436,543.21</td></tr><tr><td>Amount Debited</td><td>$-9,437,867.13</td></tr><tr><td>Net Cash Activity</td><td>-20,585.50</td></tr><tr><td>Closing Balance</td><td>$0.00</td></tr></table>

Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Margin</td><td>20,585.50</td><td>0.00</td></tr><tr><td>Net Cash Balance</td><td>$20,585.50</td><td>$0.00</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>29,216.23</td></tr><tr><td>Credit Balance Int.</td><td>0.00</td><td>10,531.16</td></tr><tr><td>Total</td><td>$0.00</td><td>$39,747.39</td></tr><tr><td>Short Dividends</td><td>-1,323.92</td><td>-19,004.69</td></tr></table>



CLEARED THROUGH ITS
WHOLLY OWNED SUBSDIARY


Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



INTERNATIONAL CHARITABLE


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EFTA00199835



BEAR
STEARNS


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



CLEARED THROUGH ITS

CLEARLY WOUNDED SUBSIDIARY



Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859

4 of 5



INTERNATIONAL CHARITABLE





Transaction Detail


STATEMENT PERIOD April 27, 2002

## DIVIDENDS

THROUGH May 31, 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>04/30/02</td><td>STANDARD &amp; POORS DEPOSITORY<br>RECEIPTS (SPDR'S) (BOOK ENTRY)<br>UNITS UNDIVIDED BENEFICIAL INT<br>DIV CHG 4000 SHS SHORT<br>REC 03/19/02 PAY 04/30/02</td><td>SPY</td><td></td><td></td><td>1,323.92</td><td></td></tr><tr><td colspan="6">TOTAL</td><td>-1,323.92</td></tr></tbody></table>

## MISCELLANEOUS



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EFTA00199836



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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

**5 of 5**

## **Transaction Detail** (continued)

## MISCELLANEOUS (continued)

<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>05/13/02</td><td>JOURNAL</td><td>ADJ PNL VS * JRL *</td><td>1,323.92</td><td></td></tr><tr><td>05/13/02</td><td>JOURNAL</td><td>STANDARD &amp; POORS DEPOSITORY RECEIPTS (SPDR'S) (BOOK ENTRY) UNITS UNDIVIDED BENEFICIAL INT ADJ PNL VS BOOKKEEPING ENT * JRL *</td><td></td><td>1,323.92</td></tr><tr><td colspan="3">TOTAL</td><td>-$-9,436,543.21</td><td>$9,417,281.63</td></tr></tbody></table>





******* End of Statement*******





CLEARED THROUGH ITS

CLEARLY WOUNDED SUBSIDIARY





Bear, Steams Securities Corp.

One Meterotech Center North Brooklyn, New York 11201-3859





INTERNATIONAL CHARITABLE



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