## Statements

EFTA00201145

OFFICE SERVICING YOUR ACCOUNT
Bear,Stearns International LTD
Regulated by the Security &
Futures Authority
1 Canada Square
London E14 5AD England
0207 516 6614

| | |

| :--- | :--- |

| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |

| TELEPHONE | |

| VISIT OUR WEBSITE | www.bearstearns.com |

## What’s In This Statement

Financial Summary 3

Transaction Detail ... 3





# JEFFREY EPSTEIN

C/O FINANCIAL TRUST COMPANY

ATTN JEANNE BRENAN

6100 RED HOOK QUARTER B-3

ST THOMAS VI 00802

JEFFREY EPSTEIN

STATEMENT PERIOD June 1, 2002

THROUGH June 28, 2002

| LAST STATEMENT | May 31, 2002 |

| :--- | :--- |

## 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><thead><tr><th>CHANGE SINCE LAST STATEMENT</th><td>-11,529,098</td></tr></thead></table>

| NET EQUITY LAST STATEMENT | 11,529,098 |

| :--- | :--- |

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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EFTA00201146

JEFFREY EPSTEIN

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STATEMENT BACKER IS PRINTED ON THIS PAGE

EFTA00201147



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear,Stearns International LTD
Regulated by the Security &
Futures Authority
1 Canada Square
London E14 5AD England
0207 516 6614

3 of 4

Cash Flow Analysis

<table border="1"><tr><td></td><td>THIS PERIOD</td></tr><tr><td>Opening Balance</td><td>$11,529,098.28</td></tr><tr><td>Dividends/Interest</td><td>9,301.36</td></tr><tr><td>Amount Credited</td><td>$9,301.36</td></tr><tr><td>Miscellaneous</td><td>-11,538,399.64</td></tr><tr><td>Amount Debited</td><td>$-11,538,399.64</td></tr><tr><td>Net Cash Activity</td><td>-11,529,098.28</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>Cash</td><td>11,529,098.28</td><td>0.00</td></tr><tr><td>Net Cash Balance</td><td>$11,529,098.28</td><td>$0.00</td></tr></table>

Income Summary

<table border="1"><tr><td></td><th>THIS PERIOD</th><th>YEAR TO DATE</th></tr><tr><td>Credit Balance Int.</td><td>9,301.36</td><td>88,399.64</td></tr><tr><td>Total</td><td>$9,301.36</td><td>$88,399.64</td></tr></table>



INTEREST




Transaction Detail


<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>06/06/02</td><td>INTEREST ON CREDIT BALANCE<br>J EPSTEIN , CASH COLLAT IN 2002-05-20 TO 2002-06-05</td><td></td><td></td><td></td><td></td><td>9,301.36</td></tr><tr><td colspan="7">TOTAL</td><td>$9,301.36</td></tr></tbody></table>

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06/29/02;13:39 001


EFTA00201148



BEAR
STEARNS


OFFICE SERVICING YOUR ACCOUNT
Bear,Stearns International LTD
Regulated by the Security &
Futures Authority
1 Canada Square
London E14 5AD England
0207 516 6614

4 of 4

## **Transaction Detail** (continued)

## 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>06/04/02</td><td>JOURNAL</td><td>BSIL VS FINANCIAL TRUST CO.,I<br>NY13763 EQUITY SWAP<br>DUE 01/24/02<br>SUN MICROSYSTEMS INC<br>DERIVATIVE SETTLEMENT</td><td>3,180,049.93</td><td></td></tr><tr><td>06/06/02</td><td>JOURNAL</td><td>COL DEL LOA INTO</td><td>1,779,767.43</td><td></td></tr><tr><td>06/06/02</td><td>JOURNAL</td><td>BSIL VS FINANCIAL TRUST CO.,I<br>NY13763 EQUITY SWAP<br>DUE 01/24/02<br>SUN MICROSYSTEMS INC<br>DERIVATIVE SETTLEMENT</td><td>6,578,582.28</td><td></td></tr><tr><td colspan="3">TOTAL</td><td>-11,538,399.64</td><td></td></tr></tbody></table>



JEFFREY EPSTEIN



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



STATEMENT PERIOD June 1, 2002

THROUGH June 28, 2002

| LAST STATEMENT | May 31, 2002 |

| :--- | :--- |

TAXPAYER NUMBER

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