Bear Stearns account statement for Jeffrey Epstein, December 2002

Statements¶

EFTA00200645¶

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. New York, New York 10179¶

CLEARED THROUGH ITS¶

WHOLLY OWNED SUBSIDIARY¶

| | |¶

| :--- | :--- |¶

| ACCOUNT EXECUTIVE | ZICHERMAN,IRA |¶

| TELEPHONE | |¶

| VISIT OUR WEBSITE | www.bearstearns.com |¶

Your Portfolio Holdings … 4¶

Financial Summary 3¶

Transaction Detail … 6¶

Fund Activity 6¶

Your Messages … 7¶

What’s In This Statement¶

JEFFREY EPSTEIN¶

C/O FINANCIAL TRUST COMPANY¶

ATTN JEANNE BRENAN¶

6100 RED HOOK QUATER B-3¶

ST THOMAS VI 00802¶

Bear, Steams Securities Corp.¶

One Metrotech Center North¶

Brooklyn, New York 11201-3859¶

JEFFREY EPSTEIN¶

STATEMENT PERIOD November 30, 2002¶

ACCOUNT NUMBER¶

THROUGH December 31, 2002¶

TAXPAYER NUMBER On File¶

| LAST STATEMENT | November 29, 2002 |¶

| :--- | :--- |¶

Your Portfolio at a Glance¶

TOTAL VALUE OF SECURITIES THIS PERIOD*	6,046,710
LONG ACCRUED INTEREST	2,419
NET CREDIT BALANCE	80,376
MONEY MARKET FUND BALANCE	3,417,795
NET EQUITY THIS PERIOD	$9,547,300
NET EQUITY LAST STATEMENT	9,810,083
CHANGE SINCE LAST STATEMENT	-262,783

*This portfolio includes one or more unpriced securities that are not reflected in the Total Value of Securities and the Net Equity This Period.¶

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

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.¶

If any information regarding 2002 interest, dividends, miscellaneous income, gross proceeds or original issue discount is required to be reported to the IRS for this account, a Consolidated Form 1099 will be mailed to you by January 31, 2003 or a 1042Sby March 17, 2003.¶

Important Message¶

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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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶

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

JEFFREY EPSTEIN¶

STATEMENT BACKER IS PRINTED ON THIS PAGE¶

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EFTA00200647¶

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. New York, New York 10179¶

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Cash Flow Analysis¶

	THIS PERIOD
OpeningBalance	$64,926.08
Money Fund	2,760.53
Dividends/Interest	15,450.28
Amount Credited	$18,210.81
Money Fund	-2,760.53
Amount Debited	$-2,760.53
Net Cash Activity	15,450.28
ClosingBalance	$80,376.36

Cash Balance Summary¶

	OPENING	CLOSING
Cash	64,926.08	80,376.36
Net Cash Balance	$64,926.08	$80,376.36

Income Summary¶

	THIS PERIOD	YEAR TO DATE
Dividends	12,911.50	89,213.30
Other Dividends	2,760.53	42,794.94
Muni Bond Int.	2,494.52	5,352.05
Credit Balance Int.	44.26	1,849.01
Total	$18,210.81	$139,209.30
Bond Purchase Int.	0.00	-1,375.34
Margin Int. Paid	0.00	-6,516.67

Portfolio Composition¶

Cash/Cash Equivalent	3,498,171
Equities	4,046,710
Fixed Income	2,000,000
Total	$9,544,881

Bear, Steams Securities Corp.¶

One Metrotech Center North¶

Brooklyn, New York 11201-3859¶

JEFFREY EPSTEIN¶

STATEMENT PERIOD	November 30, 2002
THROUGH	December 31, 2002
ACCOUNT NUMBER
TAXPAYER NUMBER	On File
LAST STATEMENT	November 29, 2002

Your Portfolio Allocation¶

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

EFTA00200648¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. New York, New York 10179¶

4 of 7¶

Your Portfolio Holdings¶

CASH & CASH EQUIVALENTS¶

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
CASH BALANCE				80,376
DREYFUS TAX EXEMPT CASH	DEIXX	3,417,794.94	1.0000	3,417,795	44,431	1.3000
MANAGEMENT INSTL SH EST, 30 DAY AVG YIELD 1,3600%
TOTAL CASH & CASH EQUIVALENTS				$3,498,171	$44,431

EQUITIES¶

Equities & Options¶

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
CENTER TR INC	CTA	CASH	2,000	7.8000	15,600	480	3.0769
CANHORN CHEMICAL CORP	CNCPF	CASH	19	Unpriced
CROWN AMERICAN REALTY TRUST	CWN	CASH	5,000	9.2000	46,000	4,250	9.2391
FELCOR LODGING TRUST INC	FCH	CASH	2,000	11.4400	22,880	1,200	5.2448
GLENBOROUGH REALTY TRUST INC	GLB	CASH	2,000	17.8200	35,640	3,440	9.6521
GLIMCHER REALTY TRUST-SBI	GRT	CASH	2,000	17.7500	35,500	3,846	10.8338
HRPT PROPERTIES TR-SBI	HRP	CASH	10,000	8.2400	82,400	8,000	9.7087
HOSPITALITY PROPERTIES TRUST SBI	HPT	CASH	2,000	35.2000	70,400	5,760	8.1818
JOHNSON & JOHNSON	JNJ	CASH	57,800	53.7100	3,104,438	47,396	1.5267
KRAMONT REALTY TRUST	KRT	CASH	2,000	14.6500	29,300	2,600	8.8737
RAMCO GERSHENSON PROPERTIES TRUST-MD SBI	RPT	CASH	12,000	19.7500	237,000	20,160	8.5063
SIRIUS SATELLITE RADIO INC	SIRI	CASH	1,000	0.6400	640

CLEARED THROUGH ITS¶

WHOLLY OWNED SUBSDIARY¶

Bear, Steams Securities Corp.¶

One Metrotech Center North Brooklyn, New York 11201-3859¶

JEFFREY EPSTEIN¶

STATEMENT PERIOD November 30, 2002¶

THROUGH December 31, 2002¶

AGCOUNT NUMBER¶

TAXPAYER NUMBER On File¶

| LAST STATEMENT | November 29, 2002 |¶

| :--- | :--- |¶

027¶

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EFTA00200649¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. New York, New York 10179¶

CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶

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

5 of 7¶

JEFFREY EPSTEIN¶

Your Portfolio Holdings (continued)¶

Equities & Options (continued)¶

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
TOO INC	TOO	CASH	15,600	23.5200	366,912
Total Equities& Options					$4,046,710	$97,132
TOTAL EQUITIES					$4,046,710	$97,132

STATEMENT PERIOD November 30, 2002¶

THROUGH December 31, 2002¶

ACCOUNT NUMBER¶

TAXPAYER NUMBER On File¶

Municipal Bonds¶

| LAST STATEMENT | November 29, 2002 |¶

| :--- | :--- |¶

FIXED INCOME¶

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ACCRUED INTEREST	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
METROPOLITAN TRANSN AUTH NY		CASH	2,000,000	100.0000	2,000,000	2,419	30,000	1.5000
REV RFDG-SER D-2
DATED DATE 05/30/02
BOOK ENTRY ONLY
PAR CALL 01/30/2003
FSA INSURED
DUE 11/01/2032 1,500%
RATING: S&P A-1+
Total MunicipalBonds					$2,000,000	$2,419	$30,000
TOTAL FIXED INCOME					$2,000,000	$2,419	$30,000

YOUR TOTAL ACCRUED INTEREST	$2,419
YOUR TOTAL ESTIMATED ANNUAL INCOME	$171,563
YOUR PRICED PORTFOLIOHOLDINGS	$9,544,881

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EFTA00200650¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 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 7¶

JEFFREY EPSTEIN¶

Transaction Detail¶

STATEMENT PERIOD November 30, 2002¶

MONEY FUND ACTIVITY¶

THROUGH December 31, 2002¶

| LAST STATEMENT | November 29, 2002 |¶

| :--- | :--- |¶

DATE MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
11/30/02		OPENINGBALANCE		3,415,034.41
12/02/02	DIVIDEND	DREYFUS TAX EXEMPT CASH MANAGEMENT INSTL SH MONTHLY DIVIDEND	DEIXX				2,760.53
12/02/02	REINVEST	DREYFUS TAX EXEMPT CASH MANAGEMENT INSTL SH DIVIDEND REINVESTED	DEIXX	2,760.53		2,760.53
12/31/02		CLOSINGBALANCE		3,417,794.94
TOTAL						-2,760.53	$2,760.53

DIVIDENDS¶

DATE	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	RATE ($)	DEBIT AMOUNT	CREDIT AMOUNT
12/10/02	JOHNSON & JOHNSON REC 11/19/02 PAY 12/10/02	JNJ	57,800	0.2050		11,849.00
12/20/02	CROWN AMERICAN REALTY TRUST REC 12/09/02 PAY 12/20/02	CWN	5,000	0.2125		1,062.50
TOTAL						$12,911.50

INTEREST¶

DATE	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	RATE (%)	DEBIT AMOUNT	CREDIT AMOUNT
12/02/02	METROPOLITAN TRANSN AUTH NY REV RFDG-SER D-2 DUE 11/01/2032 0.000 REG INT ON 2000000 BND REC 11/29/02 PAY 12/02/02		2,000,000			2,494.52

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EFTA00200651¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 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 7¶

JEFFREY EPSTEIN¶

Transaction Detail (continued)¶

STATEMENT PERIOD November 30, 2002¶

THROUGH December 31, 2002¶

INTEREST (continued)¶

ACCOUNT NUMBER¶

TAXPAYER NUMBER On File¶

| LAST STATEMENT | November 29, 2002 |¶

| :--- | :--- |¶

DATE	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	RATE (%)	DEBIT AMOUNT	CREDIT AMOUNT
12/23/02	INTEREST ON CREDIT BALANCE AT 0 3/4% 11/21 THRU 12/20			0.7500		44.26
TOTAL							$2,538.78

Your messages¶

Florida residents who own, manage, or control stocks, bonds, money market or mutual funds having a value of $20,000 or more for individuals or $40,000 for married couples filing jointly must pay a tax on these items, called “Intangible Tax”, by June 30 to avoid increased penalties. For Tax Returns and information, call the Department of Revenue at 1-800-352-3671.¶

As part of the National Association of Securities Dealer’s (NASD) Investor Education Program, you may obtain information on the NASD’s Public Disclosure Program by contacting the NASD at telephone number (800) 289-9999 or via the internet address which is www.nasdr.com. In addition, a brochure explaining the Public Disclosure Program is available from the NASD upon request.¶

******* End of Statement*******¶

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