EFTA00200396



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>Your Portfolio Holdings</td><td>4</td></tr><tr><td>Transaction Detail</td><td>5</td></tr><tr><td>Fund Activity</td><td>6</td></tr><tr><td>Trades Not Yet Settled</td><td>8</td></tr></table>



CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY








INTERNATIONAL CHARITABLE

INTERESTS II 8-30-94

C/O FINANCIAL TRUST COMPANY *

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

INTERNATIONAL CHARITABLE

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

| STATEMENT PERIOD | June 1, 2002 |

| :--- | :--- |

| THROUGH | June 28, 2002 |



ACCOUNT NUMBER

TAXPAYER NUMBER



| LAST STATEMENT | May 31, 2002 |

| :--- | :--- |

Your Portfolio at a Glance

<table border="1"><tr><td>TOTAL VALUE OF SECURITIES THIS PERIOD</td><td>888,864</td></tr><tr><td>NET CREDIT BALANCE</td><td>458,554</td></tr><tr><td>MONEY MARKET FUND BALANCE</td><td>8,282,058</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$9,629,476</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>9,675,524</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>-46,048</td></tr></table>

Market Value of Your Portfolio



SIPC

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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EFTA00200397



CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY




2 of 8


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

STATEMENT BACKER IS PRINTED ON THIS PAGE



INTERNATIONAL CHARITABLE


027

EFTA00200398



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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

3 of 8

Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>OpeningBalance</td><td>$534,910.20</td></tr><tr><td>Securities Sold</td><td>25,349.22</td></tr><tr><td>Money Fund</td><td>109,726.37</td></tr><tr><td>Dividends/Interest</td><td>1,205.67</td></tr><tr><td>Miscellaneous</td><td>13,211.44</td></tr><tr><td>Amount Credited</td><td>$149,492.70</td></tr><tr><td>Securities Bought</td><td>-4,812.00</td></tr><tr><td>Money Fund</td><td>-207,726.37</td></tr><tr><td>Miscellaneous</td><td>-13,310.14</td></tr><tr><td>Amount Debited</td><td>$-225,848.51</td></tr><tr><td>Net Cash Activity</td><td>-76,355.81</td></tr><tr><td>Closing Balance</td><td>$458,554.39</td></tr></table>

Cash Balance Summary

<table border="1"><tr><td></td><td>OPENING</td><td>CLOSING</td></tr><tr><td>Cash</td><td>531,673.45</td><td>458,006.72</td></tr><tr><td>Margin</td><td>3,236.75</td><td>547.67</td></tr><tr><td>Net Cash Balance</td><td>$534,910.20</td><td>$458,554.39</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>10,384.37</td><td>34,576.77</td></tr><tr><td>Credit Balance Int.</td><td>547.67</td><td>5,689.83</td></tr><tr><td>Total</td><td>$10,932.04</td><td>$40,266.60</td></tr><tr><td>Foreign Tax Withheld</td><td>-98.70</td><td>-98.70</td></tr></table>

Portfolio Composition

<table border="1"><tr><td>Cash/Cash Equivalent</td><td>8,740,612</td></tr><tr><td>Equities</td><td>888,864</td></tr><tr><td>Total</td><td>$9,629,476</td></tr></table>



CLEARED THROUGH ITS
WHOLLY OWNED SUBSDIARY


Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



INTERNATIONAL CHARITABLE



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.

EFTA00200399



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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

4 of 8

## 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>458,554</td><td></td><td></td></tr><tr><td>THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO</td><td>GTDXX</td><td>8,278,919.68</td><td>1.0000</td><td>8,278,920</td><td>123,356</td><td>1.4900</td></tr><tr><td>THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO</td><td>GTDXX</td><td>3,137.52</td><td>1.0000</td><td>3,138</td><td>47</td><td>1.4978</td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$8,740,612</td><td>$123,403</td><td></td></tr></tbody></table>

## EQUITIES

## Equities & Options

<table><thead><tr><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>ACCT TYPE</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>COSTCO WHOLESALE CORP-NEW</td><td>COST</td><td>CASH</td><td>500</td><td>38.6200</td><td>19,310</td><td></td><td></td></tr><tr><td>CANDIES INC</td><td>CAND</td><td>CASH</td><td>27,300</td><td>4.0500</td><td>110,565</td><td></td><td></td></tr><tr><td>CANDIES INC</td><td>CAND</td><td>MRGN</td><td>1,420</td><td>4.0500</td><td>5,751</td><td></td><td></td></tr><tr><td>CACHE INC NEW</td><td>CACH</td><td>CASH</td><td>7,950</td><td>13.6500</td><td>108,518</td><td></td><td></td></tr><tr><td>FINLAY ENTERPRISES INC</td><td>FNLY</td><td>CASH</td><td>10,300</td><td>16.4700</td><td>169,641</td><td></td><td></td></tr><tr><td>G-III APPAREL GROUP LTD</td><td>GIII</td><td>CASH</td><td>20,850</td><td>7.6500</td><td>159,503</td><td></td><td></td></tr><tr><td>HEARX LTD COM NEW</td><td>EAR</td><td>CASH</td><td>10,300</td><td>0.8500</td><td>8,755</td><td></td><td></td></tr><tr><td>I-MANY INC</td><td>IMNY</td><td>CASH</td><td>1,600</td><td>2.7490</td><td>4,398</td><td></td><td></td></tr><tr><td>HEAD N NY REGISTRY</td><td>HED</td><td>CASH</td><td>5,000</td><td>3.1900</td><td>15,950</td><td>475</td><td>2.9781</td></tr><tr><td>MAXWELL SHOE CO INC-CL A</td><td>MAXS</td><td>CASH</td><td>1,800</td><td>15.8500</td><td>28,530</td><td></td><td></td></tr><tr><td>NOVEL DENIM HOLDINGS LTD</td><td>NVLD</td><td>CASH</td><td>12,250</td><td>7.1500</td><td>87,588</td><td></td><td></td></tr></tbody></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY



Bear, Steams Securities Corp.

One Meterotech Center North Brooklyn, New York 11201-3859

INTERNATIONAL CHARITABLE

THROUGH June 28, 2002

STATEMENT PERIOD June 1, 2002

| LAST STATEMENT | May 31, 2002 |
| :--- | :--- |

027



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EFTA00200400



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT

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

**5 of 8**

## Your Portfolio Holdings (continued)

**Equities & Options** (continued)

<table><thead><tr><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>ACCT TYPE</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>POLO RALPH LAUREN CORP-CL A</td><td>RL</td><td>CASH</td><td>200</td><td>22.4000</td><td>4,480</td><td></td><td></td></tr><tr><td>SYMBOL TECHNOLOGIES INC</td><td>SBL</td><td>CASH</td><td>800</td><td>8.5000</td><td>6,800</td><td>16</td><td>0.2353</td></tr><tr><td>UNITED RETAIL GROUP INC</td><td>URGI</td><td>CASH</td><td>15,150</td><td>10.5000</td><td>159,075</td><td></td><td></td></tr><tr><td>Total Equities&amp; Options</td><td></td><td></td><td></td><td></td><td>$888,864</td><td>$491</td><td></td></tr><tr><td>TOTAL EQUITIES</td><td></td><td></td><td></td><td></td><td>$888,864</td><td>$491</td><td></td></tr></tbody></table>

<table border="1"><tr><td>YOUR TOTAL ESTIMATED ANNUAL INCOME</td><td>$123,894</td></tr><tr><td>YOUR PRICED PORTFOLIOHOLDINGS</td><td>$9,629,476</td></tr></table>



CLEARED THROUGH ITS

WHOLLY OWNED SUBSIDIARY





Transaction Detail


## INVESTMENT ACTIVITY

Bear, Steams Securities Corp.

One Metrotech Center North

Brooklyn, New York 11201-3859



INTERNATIONAL CHARITABLE



<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>06/13/02</td><td></td><td>JOURNAL</td><td>CACHE INC NEW<br>TO: SJZ<br>* JRL *</td><td>CACH</td><td>-600</td><td></td><td></td><td></td></tr><tr><td>06/13/02</td><td></td><td>JOURNAL</td><td>CACHE INC NEW<br>FROM: SJZ<br>* JRL *</td><td>CACH</td><td>600</td><td></td><td></td><td></td></tr></tbody></table>

027



06/29/02;12:40 001


EFTA00200401



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



6 of 8



INTERNATIONAL CHARITABLE



## **Transaction Detail** (continued)

INVESTMENT ACTIVITY (continued)

<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>06/17/02</td><td>06/12/02</td><td>SOLD</td><td>CACHE INC NEW EXECUTION BY SLKC VS 600 06-21-99 COMMISSION SEC FEE</td><td>CACH</td><td>-600</td><td>16.70000</td><td></td><td>9,974.69</td></tr><tr><td>06/19/02</td><td>06/14/02</td><td>SOLD</td><td>HOT TOPIC INC EXECUTION BY NITE VS 600 03-05-02 SEC FEE</td><td>HOTT</td><td>-600</td><td>25.65000</td><td></td><td>15,374.53</td></tr><tr><td>06/25/02</td><td>06/20/02</td><td>BOUGHT</td><td>POLO RALPH LAUREN CORP-CL A SEE NOTE "S" ON BACK EXECUTION BY BUCK VS 200 06-20-02 COMMISSION</td><td>RL</td><td>200</td><td>23.92500</td><td>4,812.00</td><td></td></tr><tr><td colspan="8">TOTAL</td><td>-$4,812.00</td><td>$25,349.22</td></tr></tbody></table>

## MONEY FUND ACTIVITY

<table><thead><tr><th>MO/DAY</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>06/01/02</td><td></td><td>OPENINGBALANCE</td><td></td><td>8,174,330.83</td><td></td><td></td><td></td></tr><tr><td>06/03/02</td><td>SOLD</td><td>THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO</td><td>GTDXX</td><td>-100,000</td><td>1.0000</td><td></td><td>100,000.00</td></tr><tr><td>06/04/02</td><td>BOUGHT</td><td>THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO</td><td>GTDXX</td><td>153,000</td><td>1.0000</td><td>153,000.00</td><td></td></tr><tr><td>06/13/02</td><td>BOUGHT</td><td>THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO</td><td>GTDXX</td><td>10,000</td><td>1.0000</td><td>10,000.00</td><td></td></tr><tr><td>06/17/02</td><td>BOUGHT</td><td>THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO</td><td>GTDXX</td><td>15,000</td><td>1.0000</td><td>15,000.00</td><td></td></tr><tr><td>06/21/02</td><td>DIVIDEND</td><td>THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND</td><td>GTDXX</td><td></td><td></td><td></td><td>8,943.41</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
CLEARLY WOUNDED SUBSIDIARY





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




7 of 8


INTERNATIONAL CHARITABLE

## **Transaction Detail** (continued)

STATEMENT PERIOD June 1, 2002

## MONEY FUND ACTIVITY (continued)

<table><thead><tr><th>DATE MO/DAY</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>06/21/02</td><td>DIVIDEND</td><td>THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND</td><td>GTDXX</td><td></td><td></td><td></td><td>782.96</td></tr><tr><td>06/21/02</td><td>REINVEST</td><td>THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND REINVESTED</td><td>GTDXX</td><td>8,943.41</td><td></td><td>8,943.41</td><td></td></tr><tr><td>06/21/02</td><td>REINVEST</td><td>THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND REINVESTED</td><td>GTDXX</td><td>782.96</td><td></td><td>782.96</td><td></td></tr><tr><td>06/28/02</td><td>BOUGHT</td><td>THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO</td><td>GTDXX</td><td>20,000</td><td>1.0000</td><td>20,000.00</td><td></td></tr><tr><td>06/28/02</td><td></td><td>CLOSINGBALANCE</td><td></td><td>8,282,057.20</td><td></td><td></td><td></td></tr><tr><td colspan="6">TOTAL</td><td>-207,726.37</td><td>$109,726.37</td></tr></tbody></table>

## DIVIDENDS

<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 rowspan="4">06/17/02</td><td>HEAD NV</td><td>HED</td><td>5,000</td><td>0.1316</td><td></td><td>658.00</td></tr><tr><td>NY REGISTRY</td><td></td><td>WH</td><td></td><td>98.70</td><td></td></tr><tr><td>REC 05/29/02 PAY 06/14/02</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>FOREIGN TAX WITHHELD</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td colspan="5">TOTAL</td><td>-98.70</td><td>$658.00</td></tr></tbody></table>



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>06/21/02</td><td>INT CR</td><td></td><td>JUN 02</td><td></td><td></td><td></td><td></td><td>547.67</td></tr><tr><td>TOTAL</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>$547.67</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
CLEARLY WOUNDED SUBSIDIARY



8 of 8



Bear, Steams Securities Corp.

One Metrotech Center North Brooklyn, New York 11201-3859



<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>06/14/02</td><td>JOURNAL</td><td>FROM: SJZ/-2-USD<br>* JRL *</td><td></td><td>13,211.44</td></tr><tr><td>06/14/02</td><td>JOURNAL</td><td>TO: SJZ/-1-USD<br>* JRL *</td><td>13,211.44</td><td></td></tr><tr><td colspan="3">TOTAL</td><td>-13,211.44</td><td>$13,211.44</td></tr></tbody></table>

## **Transaction Detail** (continued)

## MISCELLANEOUS

INTERNATIONAL CHARITABLE

## Trades Executed Pending Settlement

<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>07/01/02</td><td>06/26/02</td><td>SOLD</td><td>COSTCO WHOLESALE CORP-NEW</td><td>COST</td><td>-500.00</td><td>36.9554</td><td></td><td>18,437.14</td></tr><tr><td>07/02/02</td><td>06/27/02</td><td>SOLD</td><td>CACHE INC NEW</td><td>CACH</td><td>-200.00</td><td>16.9500</td><td></td><td>3,368.89</td></tr><tr><td colspan="6">TOTAL</td><td>$0.00</td><td>$21,806.03</td></tr></tbody></table>

The above trades do not appear in any other section of this statement.



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


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