CONFIDENTIAL SDNYGM,351769

Statements CONFIDENTIAL SDNYGM,351769 EFTA_0032J461 EFTA01260699 rn 8 b.) Is/ t Is) O -n C in r OLLTSEOCIA19 -ANGS BEAR STEARNS orricz SERVICIVG YOUR Bear. Steams & Co Inc riiret FINANCIAL TRUST COMPANY INC CIO AMERICAN YACHT HARBOR ST THOMAS VI CO802-1348 0.DRED EMAOUOM ITS WHOLLY CIAKO SLASI.IANY /Mw Ytrt 11201.3419 FINANCIAL TRUST COMPANY INC STATEMENT Pomp December I. 2005 THROWS,. December 30.2005 COOLMT WISER TAXPAYER WAILER On Re LAST 'TAMAR Noverrter 30. 2035 Pursuant to your previously issued insInxtions. Bear Stearns Securities Cap, provides duplicate monthly statements and/or transaction confirmations to the third parties listed on the cover page of this statement. If you wish to modify or cease distribution to any of the recipients indicated. please contact your Account Executive. This reminder notice will continue to be provided to you on your guartaty statements. Third Party 1 EPSTEIN A CO 457 MADISON AVE 4Th FLOOR NEW YORK NY 10022 027 I vrins,o•co WI EFTA01260700 z m C in z r ILLTS£00 -019-ANGS I8 IpJ t 0'IJBEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams 6 Co. Inc. Nov/telt Now Teak 10179 ACCOUNT EACuTHE DENERMANARA TELEPHONE HSU OUR HUSSITE wmv.hearsteams.com What's In This Statement Financial Summary 3 Your Portfolio Holdings 4 Transaction Detail 6 Fund Activity 6 Your Messages IIItIrIllt 1llLlla.RtlrltollnllulIIIInlll FINANCIAL TRUST COMPANY INC CIO AMERICAN YACHT HARBOR ST THOMAS V1 00802.1348 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL YAUJE or SECURITIES THIS PERIOD 37.445.002 MONEY MARKET RAM BALANCE 9.438.024 Cells& Enthalara NET ECIUDY IRIS PERIOD $46.883.026 NET EQUITY LAST STATEMENT 52.688.200 CHANGE SINCE LAST STATEMENT -5.805.174 There are no Stop Loss orders or other pending buy a sell open orders on file (or your account. 59.418 014 515.334.419 Erpites — $37.445002 $37.353.781 Nan won my ...44,e0”cneencia., sano.nreanns ea 442.••••0:92.. MN Currant market %a/c MIISR SUIDETWES man.. value MIMEO tnRCoan Ts 9640U.T 097.ED SLESIODAY Ilea . Sven tµ1 Ton 11201.3559 FINANCIAL TRUST COMPANY INC STATETE7.7 PER192, December 1.2005 mamma Defame.. 30.2005 AGOO.? IATEIER Tup/ATA PARER On Pie Lay 574-rurra november 30.2005 II any Sormation regarding 2005 interest. *tends. macellaneous InCelne. gross proceeds a signal issue discount is reuired to be reported to the IRS for tha account. a Consolidated Form 1099wi1 be mailed to you by January 31.20360( a 10425 by maw, 15.2006. stcnit tunny in Ite rfeensioren poosos Ils M Ren070 'alm Cearret. DR gatemen sinDie to rettned To you' nter0S. Set Melt Pet M Intaltal sherancn. 027 1291.05 COTO 001 van EFTA01260701 CLL4Ar0 -1w<79:77 77/1 2040uX Own= ...CIARV MPIPIPPMIL, maim FINANCIAL TRUST COMPANY INC z m ci m z H r ZLLTSEOCINDANGS 8 b.) aL IpJSTATEMENT BACKER IS PRINTED ON THIS PAGE 027 1213106:00 CO CO1 VS99 EFTA01260702 to IJ IpJ BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Ben Stearns a .Inc. N wYY N w York 10179 3 rc Cash Flow Analysis Re Klee Income Summary MISSERUM Ma MOATS Opening &liana 60.00 Di:Wends 101605.54 2.657.200.46 Cron Balance Inc 0.00 2.395.40 Woes Fuld 12.039.769.94 Funds Deposited 6.000.000.00 Total 6103.605.54 52.659.595.86 0 Ciyidendsfintemst Amount Credited 63.835.60 518,103,605.54 Fenian Tax Withheld Margin nt. Paid 0.00 0.00 .2.227.67 -40,999.17 -n 4.103.606.54 -12.000.000.00 Portfolio Composition Money Fund Funds Wilhdrami C Amount Debited S-18.103.605.54 Cash/Cash Esiukekm 9.438.024 in Closing Balance $0.00 Equities 37.445.002 Total 546 883 026 r ELLTS£00 -019-ANGS 021 2.310509C0 MEOW THROWN ITS WOW( OWNED SVSSOARY is.Jew Yen 11201.1/40 FINANCIAL TRUST COMPANY INC surcono PEF400 Detente 1.2035 TITICUON OCCernber 30.2005 ACCOUNT %MOM TAXPAYER Meer" On MO LAST STATENINT NoWITOCS 30.2005 Your Portfolio Allocation COMI & EntlYNetC 21% o• Equnies 79% uwwws Tenn None <INN Datfle WO., thy. nth% willon. 1^.• aCato. ponafitace • On., in, snalao n.< 0.rsu ..cnIsso 199 EFTA01260703 -n C in r PLLTS£00 -019-ANGS IS IJ t IJOFFICE SERVICNG YOUR ACOOUN, BEAR STEARNS Mbar 1°.79 4 ce t Your Portfolio Holdings CASH 8 CASH EQUIVALENTS DESCRIPTIEN SMICOMS0 DREYFUS CASH MANAGEMENT-Ct. A DCA ITISTFTLMOWLL SNARES EST. 30 DAY AVG YIELD 4.1100% TOTAL CASH & CASH EQUIVALENTS CUANIITT 9.438.024.33 MAIM COMM CURRENT ORM YAM MIMS NOON( YRIIIM 1.0000 9,438.024 358.645 3.8000 59.438.024 5358.845 EQUMES CLEARED MOV3H wrair MoTZ0 IIMSOTTR7 ut 221 3.14 FINANCIAL TRUST COMPANY INC STAMM, PIRTOD DiMnbel 1.2005 TPROMT Doperter 30.2005 ACCOUNT 'TOMER TAMPER MAW On rind LAST STATENTERT PkNernbet 30, 2005 Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firm's Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: 0 — Outperform; P = Peer Perform: U — Underperform. The second rating represents the rating of the coverage universe relative to the regional Coady market index. The key for the sector rating is as follows: MO = Market Overweight; MW — Market Weight MU e Market Underweight. In cases where a BSC rating is present the name of an independent. third-party research provides and their rating may also be displayed. where such research is available. The various providers have normalized their ratings systems as follows: B — H = Hold: S = Sell. The ratings Information contained herein is for informational purposes only and is not intended to provide tax, legal or investment advice, Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent. thid-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not evadable due to legal reasons. Independent. third-party research o ' covered by the Firm's research is available to customers of Bear Stearns at no cost. Customers can access this research at www.bearsteams.com or can call to request that a copy of this research be sent to them. ACC? WORM [SWARD 0JRRENT DESCRITTION STWOUCUSIP ME OMMY PRCE MIA ATORM INCCE/I 7110 OTT APPLE COMPUTER INC MPL CASH 20.003 71.8900 1,437.803 SSC eanwc.. STOCK P/SECTOR and BOYARS ALTERNATWE VIEWPOINT RATNG: S BEAR STEARNS COMPANBES INC 85C CASH 130.000 115.5300 15,018,900 145,600 0.9694 027 12/312:01:4103 CM VW* EFTA01260704 BEAR STEARNS CenCE SERVICOIG YOUR ACCOUNT Beet. Steams & Co. Inc. Now York Now York 10179 5 a e Cer.ARED THROUGH OS 111e0ttY OMCO SIMMAY boa x Satirrs Stoat IMO*. Ws Very Ii2outtso FINANCIAL TRUST COMPANY INC STATEMENT PER 00 December 1.2005 Your Portfolio Holdings (continued) THRCVM .CCOtir WWI= TAXIPMR rteMEA Deter:we 30.2005 00 Flo STAMM? November 30.2005 Equities & Options (c0 trued) PatVARCE1 ESTMTM CURCDU Of SMPTC.11 STIAIMMIM Cwomnr east VALUE &M.SANS MOW MID 00 COLGATE PALA40LIVE CO CI. CASH 56.200 54.8500 3.082.570 65.192 2.1149 NC RATING: STOCK 0/SECTOR PM ARGUS FLoiComENTAL RESEARO4 0 RAMC: B DEERFIELD TRIARC CAP CORP 244572202 CASH 1,000,000 13.7000 13,700,000 ACCREPTED INVESTORS -n ENVIRONMENTAL SOLUTIONS ESVM CASH WORLDWIDE NC 100.000 0.7000 70,000 KERZHER INTERNATIONAL LTD KZI. CASH 10.000 68.7500 587.500 C rn BSC RAMC STOCK 0/5ECTOR MW NED DAVE RESEARCH RATP/G: VECTOR GROUP LTD VCR CASH 159.589 18.1700 2.899.732 255.342 8.8057 WYNN RESORTS LTD .,y44,4; CASS, BSC RATING: STOCK P/SECTOR IOW 10.000 54.8500 548.500 WALL STREET STRATEGIES RATING: B Total Equities& Options 537.445.002 5466.134 r TOTAL EQUITIES 537,445.002 5466.134 YOJR PORI F OLIO Fi0_0 [NGSES / ILIA I ED ANN'JAL INCOME $824,779 YOUR PRICED FORTFOLIOHOLDINGS $46,883,026 SLLTS£00 -019-ANGS I8 b.) IpJ 0"1027 12/31,05.0000 COI VON EFTA01260705 BEAR SIMMS Cala SERVICING VGA ACCOUNT N Y To* 10179 6 o'er Transaction Detail DEPOSITS AND WITHDRAWALS art TRANSACIION °ESCROW% BEN MAXIM MO MOM 12/05/05 END WIRED MDASMI9121857FNDSWIRED TO 1,000,000.00 0 12/05/05 ENO WIRED MDMICTS50710FNDS WIRED TO i Ei 10.000.000.00 -n 12/14/05 END WIRED MDA*MI3131879FNDSWIRED TO 1,000,000.00 12/15/05 FUNDS REC ENDS WIRED TO CITIBANK FROM 6.003.000.00 C rn TOTAL S-12.000.000.00 $6.000,000.00 MONEY FUND ACTIVITY r 9LLTSEOCIA19 -ANGS IJ IpJ CLEAS$0 netoom rte Asore come) SuOSOART 11201.3.59 FINANCIAL TRUST COMPANY INC STATMEXT mew December 1.2005 ToACIARE Dt«Otor 30.2005 ACCOUEll ALMA* alla TAXPAYER .u, On Ole NIT VANS November 30 2005 art 4•CYDAY TIONSACITAi OCICRIATON STWOCEICUSP tar MOM Omoe AYdslf 12/01/05 OPENINGBALANCE 15.334.418.79 12/01/05 DEADEND DREYFUS CASH MANAGEMENECL A DION 39.769.94 INSTITUTIONAL SHARES MONDAY DNOENO 12/01/05 RONVEST DREYFUS CASH MANAGEMENT( A INCIOC 39.769.94 39,769.94 WSMUTOMAL SHARES MORD REINVEST 12/05/05 SOLO DREYFUS CASH MANAGEMENT -CL A °IOU -1.000.000 1.0000 1.000.000.00 MSTINITIONAL SHARES 12435/05 SOLD DREYFUS CASH MANAGEMENT -CL A OlOO .10.000,000 1.0000 10.000.000.00 INOWVIONAL SHARES 021 12111/064•03 COI VON EFTA01260706 BEAR STEARNS OFFICE SERVICING TOUR ACCOUNT Rear. Steams & Co. Inc. New Ye& New Yak 10179 7 we Transaction Detail (continued) rtgag011400UOM YS WHCSAN DATED 8898.10VRY a w Sten Searles . Wert Not Tart 11201.38S9 FINANCIAL TRUST COMPANY INC STATEMENT PERICO December 1.2005 ISROLOn Dectmter 30. 2005 ACCOUr OSAISR ■ va.X.I.Y09 µ.AWOL on nie O m MONEY FUND ACTIVITY (cenbnuec0 OMI SICSDAT 7IVICSACO:81 CCSOSPTION SOAllOUOJSIP COMFIT! MEC LAST STAOPPIST NONOTOOr 30.2005 OEYI AMOS CREW MONT 12/14/05 SOLD DREYFUS CASH MANAGEMENT.C.I. A INSTITUTIONAL SHARES 12115/05 BOUGHT DREYFUS CASH MANAGEMENT.CL A INSTiTuTEN4l. SHARES 12/29/05 SOUGHT DREYFUS CASH MANAGEMENT -C1. A OISTITLITCOLAL SHARES 12/30105 CLOSINGBAL DIOCC DIC10I Dial( .1.000.000 6.000.000 63.635.60 1.0000 1.0000 1.0000 6.000.000.00 63.835.60 1.000.000.00 ci m H TOTAL S-6.103.605.54 $12.039.769.94 DIVIDENDS DATE DISONPTION Ou.KITIY WE a: SUIT AlCiV4 CRUM MOONY 12/29,05 VECTOR GROUP LT17 RE° 21CtS PAY 12.13 t 159.589 0.4000 63.815.60 r 553.835.60 LLLTSEOCINDANGS 027 12/II.05.09C0 COI V899 EFTA01260707 rn IS b.) t IJ 0 -n z C rn z r 8LLTS£00 -019-ANGS BEAR STEARNS OFFICE SERVCING YUIIR ACCOUVI Rear S Co nc earns . I . S Nark 10' 79 B e a Your messages 19:g? As part of the National Association of Securities Dealer's (NASD) Investor Education Program, you may obtain ?(oration on the NASCfs Public ' m by contacting the NASD at telephone number a via the internet address which is yanii.nasdr.corn. In addition. a brochure explairting the Public Disclosure Program is available from the NASD upon request. Ere] or Statement 025 12(3105090, COI CLEARED niROuoti ITS •Aitzto, OWVED RAISOlar n 11201.3019 FINANCIAL TRUST COMPANY INC SThismorr Porkloo INCemter 1.2005 ?wows NOM:a 30.2005 ACCOLKT ionER TAKPAYM 'week Onille tan irrArklana MOvernber 30.2005 EFTA01260708 CULARILD MIROUGH r15 MCU.V CONED SUSSOMY m 8 b.) IpJ -J 0 -n z C in z r 6LLTSEOCLAID -ANCIS BEAR STEARNS orrict SERVICANG YOUR ACCOUNT Bear. Steams & Co. Inc. New Ye& Nen 10179 Ile.Suara Saks War, a at FINANCIAL TRUST COMPANY INC ACCOUNT DICUTNE ZIOIERMANIRA TELEPHONE RINI OUR WEBSTIE wabearsteams.cm , What's In This Statement Financial Summary 3 ..... FINANCIAL TRUST COMPANY INC STATEMENT PERCO NROUGm ArtetN7 SIAMER TAX.AvEli Madefft LMT STATEInia Isb.trIbet 1.7005 AbAgriNt 30.)005 On rile Coat 31.205 Your Portfolio Holdings 4 FJO AMERICAN YACHT HARBOR Transaction Detail 6 Fund Activity 6 ST THOMAS V1 00802-1348 Your Portfolio at a Glance Market Value of Your Portfolio TOTAL VALUE CC SECURITIES 'rtas PotiOD 37.353,781 Cash* Waders 616.334A19 312096.339 MONEY MARKET ROAD BALANCE 15.334.419 NSW — 337.353.781 537.793.949: S-SCCO NET EQUITY MIS PERIO0 $52,688.200 El Etta ITWte WOW NET MUM LAST STATEMENT 49,871.187 IIIII lint statement's market value CI Etat Market vale CHANGE SINCE LAST STATEMENT 2.817.013 These are no 'Stop loss' orders or other pending buy or sell open orders on file for your account. Pa ran a d COWES raci4ed as d.wnd a viv lc. no.. era *Ca SWAM ea Ike Eon Searles fire. @IS M,V. 1,307•3650 Ten suenury is Re MeTureaal paws aw. Rena Mae as s In anent TN. inter telt 04.14 04 Wanedbe ye.. ryas. See revere a br marten nftmeean 027 I MITE 07 IS 001 VS90 EFTA01260709 CLEARED THROLCH ITS %%toy OMW SuBSOwtf Ste. Sidra Saa.tbes C.N9 ANIMMIMMIL. INNS FINANCIAL TRUST COMPANY INC 2 0 z m ci m z H r 08LISE00 -O19-ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE Oh WOWW.:36 001 VS98 EFTA01260710 C) 0 -n C rn r ISLTS£00 -019-ANGS BEAR STEARNS OMCZ SERVICING YOUR ACCOUNT Bear Steams 6 Co. Mc. New Tara. New York 10179 3 da Cash Flow Analysis Income Summary TIC N1145 POMO VtAt TO WS Ccening Balance 54,531.74 ()Wands 336.901.61 2.553.594.92 Credit Balance Ira. 0.00 2.395.40 Securities Sold 2.682.277.75 Money Fuld 6.103.61 Total 5336.901.61 52.555.990.32 Funds Deposited 234.432.12 Fixer Tai Wahheld 0.00 .2.227.87 EavidenisAnterest 330798.00 Margin Iii. Paid .4,531.74 .40,999.17 Amaral Credited 53.253.611.48 Money Fund 4.253.611.48 Portfolio Composition 0MdendsAnterest Charged .4,531.74 Cashtash EquireleM 15,334,419 Amount Debited S-3.258.143.22 Equities 37.353781 Net Cash Activity .4,531.74 Total 552.688.200 ClosIn9Balance 30.00 San. -Virden et u1. bobble acami 000 me car eclarods,114 teelerc md• Deafen *et 000s WON. 10.0.K1cns Des •Oplao n Torino. OEM. Cash Balance Summary MOM =SING Cash 4,53134 0.00 Net Cash Balance 54.53134 $0.00 027 1120105 0I 15 001 ri.rac0 TNROvaw Fri %%DOLLY OVflD BLOSSOMY Bet Sten Seelifitis FINANCIAL TRUST COMPANY INC STATEllea PER/“. NOVCDOCS 1.2005 THROWN Navemba 30.2005 ICCO, NT NUMBER TMPAYDI /MOOT On Fie IAST STATEMENT Wow 31. 2005 CdSti aC 30% Your Portfolio Allocation 0n1.1.1 pylon Ctra Signe &VW /now .a1.••• The Scam oseaelase • 600A0 Iran P. It:WAG WSl %via St you. tao$e vex EFTA01260711 0 -n C rn r Z8LTSEOCIA19 -ANGS BEAR STEARNS OFFICE SERviaNG YouR ACCOLafr Beet Stearns & Co. Inc. 19.1..reiv 0179 4 as Your Portfolio Holdings CASH & CASH EQUIVALENTS War ESINAITO CAREX ULSCVIOR SIWOJELISIP CALW111Y Plea unit AMU& WOW ‘1ELO re DREYFUS CASH MANAGEMENT -CL A [ACV 15,334,418.79 1.0300 15.334.419 567.373 3.7000 NSTITuntwit SHARES Est. 3o DAY Ave YEto 3.9000% TOTAL CASH & CASH EQUIVALENTS 515.334.419 5567.373 EQUITIES C&2 ThROV30.1 ITS %HOLLY DANED SUSitepAY Inc Swan Starnes Carp. MIIIMPONIS FINANCIAL TRUST COVPANY INC STAITWNY PS 0J Mriernbe 1.2035 ne014., Novembe 30.2005 AOCCLItt NUMBER TAX*AYER NUMBER LAST STATEMENT Mom Octabec 31.2005 Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities COvered by the Firm's Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: 0 = Outperform: P - Peer Perform: U - Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO -. Market Overweight; MW - Market Weight: MU - Market Underweight. In cases ctiere a BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed. where such research is available. The various providers have normalized their ratings systems as follows: B - Buy: H . Hold: S - Sell. The ratings Pifcemanan contained herein is for informational purposes only and is not intended to provide tax, legal or investment advice. Bear Steams is neither soliciting any action based on such information, nor endorsing arty recommendation or opinion expressed by any independent. third-party research provider. The symbol indicates that continuing coverage of the subject company Is temporarily not available due to legal reasons. Independent. third-party research on certain companies covered by the Firm's research is available to customers of Bear Steams at no cost. Customers can access this research at vmw.bearstearrrs.com or can call to request that a copy of this research be sent to them. M.CT PAPAW ISMATI0 non OLICRPMN 511.01/CUSP ME 011.2011( POE MO AliMai. MOLE '11W aq APPLE COMPUTER INC MPL CASH 20.000 87.8200 1.356.400 BSC RATING: STOCK 0/SECTCO ION BOYARS ALTERNATIVE VIEWPOINT RAMC: S BEAR STEAK IS COMPANIES INC BSC CASH 130.000 110.9900 14.428,700 130,000 0.9010 02i 12XN/01,314$ COI VON EFTA01260712 Ei1 8 b.) IJ t LA BEAR STEARNS SIERYKA1.0 YOUR ACCOUNT Bear, Steams & Co. Inc. New York Now York 10179 5 ye =ARCO THROWN ITS WICOY 0iVCD SURSI)Olte 11•4101.1n SOTIMS ORO*. Pis et 20 SIS FINANCIAL TRUST COMPANY INC STATMert 'PROD NOtrtsR 1.2005 Your Portfolio Holdings (continued) Equities & Options (continued) fit-C1 I:RUMOR SIVOX.<1.1. not IMMO WORT PRICE VOUS MIAOW alit POORE nwouen Nowetei 30.2035 ACCOLN7 NUI/SkR WOAKR WORM On TM LAST STAMORT October 31.2006 CURRDO TRIO 00 COLGATE PALMOUVE CO CL CASH 56.200 54.5200 3.064.024 65.192 2.1277 BSC RUNG: IRN MENTALOR ARGUS FUND RESEARCH 0 RATING: B DEERRELD TRIARC COP CORP 244572202 CASH 1.000.000 14.2100 14.210.000 ACOZEOMED WVESTCRS -n ENVIRONIAENTAL SOLUTIONS ESVAN WORLIWAX WC CASH 100.000 0.7960 79.600 KERZNER INTERNAnONAL LTD Kn. CASH 10.000 65.0100 850.100 C in BSC RATING: STOCK OFSECTOR NW NED OARS RESEARCH RATING: El VECTOR GROUP LTD VGR CASH 159.589 18.8400 3.006.857 255.342 8.4926 WYNN RESORTS LTD VANN CASH 10.000 55.8300 558.300 8SC RATING: STOCK P/SECTOR NEW WALL STREET STRATEGIES RMING: li Total Equities&Options $37.353.781 $450,534 r TOTAL EQUITIES 537.353.781 5450.534 YOUR PORTFOLIOFOLDINGsE.,7 irv4*ED 51 017.907 YOUR PRICEDPORTFOLIOHOLDINGS 552.688.200 ESLTS£00 -019-ANGS CI21 12201/0622133 COI PPM EFTA01260713 (-) 0 in r 178LTS£00 -IA19-ÅNGS OFFICE SERVICING YOUR ACCOUNT BEAR MIS` STEARNS It" 10179 6 Cl Transaction Detail INVESTMENT ACTIVITY C.LARCD •IISOJGH C'S vist.Lr OMSO 5~01~ on 11201.3159 FINANCIAL TRUST COMPANY INC sTANsorr mum ~tee 1.2005 TsillOUCH NovertOtt 30.2005 ACISOLAST ~Ma alit ~AYER ~ER On FAA LAST slammer Omaha 31.2006 5IØ MOE WE 0Alt nuaSTC113N OLSCRPTION MAIOUCUSP MAMIE PRICE OW ~LW 11/21/05 JOURNAL CALL COLGATE PALM NOV 055 •••• 1941829K1 200 DP 1111917005 11/29/05 11/23/05 SOLD CROW NATUNT COLGATE PALMOLIVE CO Cl. -SO.0O3 53.70780 2.682.277.75 UNSOLCITED TOTAL 52.682.277.75 DEPOSITS AND WITHDRAWALS OM libueSACIEW OCTERrow 11i07/05 FUNDS REC ENDS VARED TOCITIBANK FROM OMIT "WW1 CREW MOUNT 1MRNE NYC F0453110076701 91.131.25 11/08/05 FUNDS REC ENDSWIRED TO CMBANK FROM INIORGAN CHASE 10653120133N:el TOTAL 143.300.87 5234.432.12 MONEY FUND ACTIVITY DATE LOWY liwaCnoN CISCRIPMN 11101/05 OPENINGBALANCE stmicucuso OLmmy max DEW AYOUB« WM »OM 12.080.807.31 11A)1/05 BOUGHT DREYFUS CASH MANAGEMENT -CL A DØ 4.531.74 1.0000 4.531.74 NSITTUTTONAL SHARES 11/01/05 DIVIDEND DREYFUS CASH MANAGEMENT -CL A INSTINTIONAL SHARES MONTHLY ONDEND 6.103.81 on vouosto:ss 001 1/99. EFTA01260714 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Beer. Steams & Co. Inc. New York. New York 10179 7 or. CLEARED Tegiar.n rtS vineur OAT= SIAS;PARY tota . SournsSitu.on Ortega. New Yen II2014859 FINANCIAL TRUST COMPANY INC sneer KN.") Nerrember 1.2036 Transaction Detail (continued) MONEY FUND ACTIVITY (conttued) tout nwouom Ncreber 30, 2005 ACCOurir TO)AvER walla On Fla um *TAMAN! October 31.2005 IOW OINSCOdi DtSCRPMC•1 StwePAWN 0_UT? owe can Merl GRECO /MOM 11101/05 REINVEST DREYFUS CASH MANAGEMENT -CL A 6.103.61 8.103.81 INSURITIONAL SNARLS C)ONMENO REINVEST 0 11/07/05 BOUGHT DREYFUS CASH mANAGEmENT.CL A ISTITUTIONAL SNARES c403( 91.131.25 1.0300 91.131.25 11/09/05 BOUGHT DREYFUS CASH PAANAGEmENTa A MOO( 143.300.87 1.0000 143.300.87 -n 11/15/05 BOUGHT DiSirtuTIONAL SHARES DREYFUS CASH MANAGEMENT -CL A eismtmom. SNARES DIC)Cf 30798 1.0000 30,798.00 C in 11/22105 11/29/05 BOUGHT BOUGHT DREYFUS CASH MANAGEMENT -CL A INSFITLMONAL SHARES DREYFUS CASH MANAGE?: n. a A INSITTuTCHAL SHARES DIM( DION 295.468.26 2,682,277.75 1.0000 1.0000 295.468.26 2.882.277.75 11/30/05 CLOSINGBALANCE 15.334.418.79 r S8LTS£00 -019-ANGS I8 IJ IpJ -3 TOTAL S-3 253 611.48 S6 103 81 DIVIDENDS OAR COOIMPTCM SIMIOL/CUSP %WIN RATE (4 DONT WONT CREW DAIOUNI 11/15/05 COLGATE PALMOUVE CO CL 106.200 0.2900 30.798.00 REC 10/26/05 PAY 11/15/06 11/21/05 DEERFIELD TMARC CAP CORP 244572202 300.000.03 ACCREDITED INVESTORS RD 11/77 RD 11/21 WI 80000 CSN ON ON 100=0 SIM CASH OF/ TOTAL 5330.798.00 021 17/01/45:0713 CO1 Wee EFTA01260715 Fn I8 b.) b.) --J 00 T4iNaGUNO0 98LTS£00-019-ANCIS BEAR STEARNS OFFCE SERVICE% YOUR ACCOUNT allagork 10179 8 a s Transaction Detail (continued) INTEREST out OtSCRP/111 1121105 INT 10r2DIE)R.50CCO% BA!. 0 AVG 1169481 TOTAL S-4.531.74 3111101101Se 0.LARCO naCtiCo r3 wnOLLY Onna0 SVISOLARY eat assert 11201.3359 FINANCIAL TRUST COMPANY INC STATILICXT MECO NOVenlEtt 1. 2005 THROUGH tiOvernter 30.2005 ACOXill tune% TAXPAELA mediel1 On FM tASE STATMENT October 31.2005 202 110 air "NOM CREW MOON, 4,531.74 MISCELLANEOUS art Wow TRONSAL113,1 OfEatiensa DEBT OAOLV(2 CIOZO WOW 11/22/05 XVRNAL JOURNAL FROM TYPE ITO 2 4.531,74 11/22/05 JOURNAL JOURNAL FROM TYPE 1 TO 2 4,531.74 TOTAL 1-4.531.74 54,531.74 STOP] End of Statement 017 11070607 15 001 AIM EFTA01260716 CLEARED TER016311 ARCALY 016i0 Sut1SOLDAY OFFICE SERVICING YOUR ArrnuNT Bear. Steams 5 Co. Inc. BEAR 383 Madison Avenue New Tat New York 10179 STEARNS Raw Stan Loran . 013859 COMPANY INC Pave 01 FINANCIAL TRUST ACCOUNT EXECUTNE Zr.NERMAN.IRA TELEPHONE VISIT OUR WEBSITE vAny.bearsteams.com What's In This Statement Financial Summary 3 I FINANCIAL TRUST COMPANY INC /DAMARA? PERDO TAltou04 Alm PC Y-61101 MOAK* NVIALIER VAST STATEDEME October 1. 2005 0cmer 31.2005 D Fib SepleArCer 30. 2005 Your Portfolio Holdings 4 00 AMERICAN YACHT HARBOR Transaction Detail Fund Activity 7 ST THOMAS VI 00802-1348 0 -n Your Portfolio at a Glance TOTAL VALUE OF SECURITIES TILLS PERIOD 37.785.848 C.° C.W.O.. Market Value of Your Portfolio S12.085.339 P515.190 C in NET CREDIT BALANCE 4.532 [was 137.790.848: S-S,CCO 582.488.888 S-8.000 MONEY MARKET EURO BALANCE 12.080.807 Curter* ma,t NW r NET EQUITY ma PINGO NET FOUR LAST STATEMENT $49.871,187 82,636.678 OMLas gatelwall =Met wAue slot motet Sue CHANGE SNCE LAST STATEMENT -32.765.491 There are no 'Stop Loss' orders or other pending b or sell open orders on file for your account En IS IJ IpJ -J aLTS£00 -019-ANGS Pease ?Ann *AI 6 d o6fAcr RAD recnd a ad.nrsi b py CA., a an Own Swam N S. Ron Sawn 116608. NY 11X14850. t TM wary is for menttAtel payesti eery. E N Mt rteried as • tic 6xurict 6.6eallet Wad be Mime 'Cr you. Ian Sot Mtn< fa ICe rPCNrI 166.16119. 021 110050S 34 001 11197 EFTA01260717 r, nese, TO RS wrCt.LY DMCD SuO.SOTTRY 1110111111Mit airsircerc 11.201.3859 FINANCIAL TRUST COMPANY INC 2 ergo 0 z ii C rn z -H r 88LTS£00 -019-ANGS IJ IpJ C STATEMENT BACKER IS PRINTED ON THIS PAGE 033 I1g%q& 001 V897 EFTA01260718 rn IJ li) tBEAR STEARNS OFFICE SERVICING YOUR Accoun: Bear. Steams & Co. Inc. New York. New York 10179 3 a .c Cash Flow Analysis MS MOO Income Summary ThisTDB ID Out Opening Ba lance Securities Sold Money Fund Dndends/Interest $0.00 18.015.157.21 670921.28 223,003.00 Dwiderds Creek Balance Int. Total Foreign Tax Withheld 224.387.50 0.00 5224,387.50 0.00 2.216.693.31 2.395.40 52.218088.71 -2.227.67 0 Miscelanecus 19.716.376.76 M.ngki Int Paid -30467.43 -38467.43 TZ Amount Credited 538.625.458.25 tl SectrlUes Soule -989.905.00 Portfolio Composition C in Money Fund DiudendsfIrr.erest Charged Mescellaneote • -12.584.554.08 .36.467.43 -25.000.000.00 940W Cashtash Equwalent Wits 5.000 ON 12.085.339 37.790.848 Amount Debited S-38.620,926.51 Total 55.000 549,878.187 Net Cash ActMty 4.531.74 Clceltwpalance 54.531 74 r 68CESEOCIN9 -ANGS Sas ary trews a ash buts, soar, ape ay nal rade< - an at a me a di Sr al fee Peewee I' acne KOWA a NAAS Cele Cash Balance Summary Cash 0.00 4.531.74 Net Cash Balance $0.00 54.531.74 atom meows its MOLLY 00.40 SUOIMIXARY Ere t Srelestleordes Ereekte. New ark 2013•50 FINANCIAL TRUST COMPANY INC sTATthea maw October 1. 2005 "mown Oclobc. 31. 2005 ACCOUNT IS ER TAXPAVTA NUMBER 0/1 FYI LAST STATVAPIT 54oternbw 30.2006 Your Portfolio Allocation Cafe & EiawalC411-, 24% Stahl (gut <1% Equhos 75% teepee totem dIec orb' Mine eke eert narnt rat. The alocolom percener 4 Ozeked Fn Po ieesiA• tyleht al Ica. Kaltab 021 C11,O5O6 14 COI 1697 EFTA01260719 0 -n C rn r 06LTS£00 -O19-ANGS IS b.) IpJ 00 00 IN) BEAR STEARNS OFICE SERVICE% YOUR ACCOUNT Mile 10179 4 er io Your Portfolio Holdings CASH & CASH EQUIVALENTS OESCSIV11011 CASH BALANCE SYS.30L/CLISI OMWIrN TEFL 4.532 ESI1kWIED CURRENT A108)AL MD OE) CLEARED 11.V..iCei rts %%mai, Onfa0 Sufism/ow sawn 11201.38..9 FINANCIAL TRUST COMPANY INC surnahT KA00 October 72005 name October 31.2005 se-COuNT mA8801 ionvER MWYA On Ft Lost stwowor Sweeter 30.2005 DREYFUS CASH MANAGEMENT -Q. A DIDM risTrtunckAL SHARES EST 30 DAY AVG EMU) 3.7500% TOTAL CASH & CASH EQUIVALENTS 12,080,807.31 1.0000 12.080.807 410.747 3.4000 $12.085.339 5410.747 EQUITIES Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the FrMs Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key For the stock rating values is as follows: 0 = Outperform; P - Peer Perform: U = Underperfcem. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key For the Sector rating is as follows: MO - Market Ovenveight: MW - Market Weight: MU = Market Underweight. In cases where a BSC rating is present. the name of an independent. thirdparty research provider and their rating may also be displayed. where such research is available. The various providers have normalized their ratings systems as follows: B - Buy: H Hold: S - Sell The ratings information contained herein is for informational pi/poses only and Is not intended to provide tax, legal or investment advice. Bear Stearns Is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent. thin:Teeny research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent. thrd-party research o ' 'es covered by the FinlIS research is available to customers of Bear Stearns at no cost. Customers can access this research at www.bearstearns.com or can call to request that a copy of this research be sent to them. DESCRP104 Srull0LiEUS19 APPLE COMPUTER INC AAPL 8SC RATING: STOCK 0/SECTOR MW BOYARS ALTER/UTNE VIEWPOINT RATINGS ACC! CASH OluNfirr 20.1:100 PbCt PAMICEI tsnumeo 0.0111.00 VALUE Walk NOW( 211.1.0 nn 57.5900 1,151,800 SEAR STEARNS COMPANIES INC BSC CASH 130,000 105.8000 13.754.000 130.000 0.9452 027 11.01/05:00,14 001 EFTA01260720 O-LANG NowuGm In "coy ONNEO SUSSIYARy IpJ-n C in r T6LTS£00 -019-ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Sten & Co. Inc. New York. Now York 10179 5 a :c Your Portfolio Holdings (continued) Equities & Options (continued) ACCT MARCEL estwattO CURRENT DISCRPTIOW SIABOLCUSP NPL WORM Plea VALUE IANWL Itatbit TI(t0 rs) COLGATE PALMOLIVE CO CL CASH 106.200 52.9600 5.624.352 123.192 2.1903 BSC RATING: STOCK WSECTOR Lew FueCRuM GLOBAL PARTNERS. LLC RABIC: B ileal a wan Smelts bticOr. N. at •70 4159 FINANCIAL TRUST COMPANY INC STATEwbil EfR00 October 1.2005 THA0-10.4 October 31.2005 Accoun Mildl E TAXPAYZR wiA.Merg Ore Fle LAST STATACYT September 30.2005 CALL COLGATE PALM NOY055•••• 11955 CASH .200 0.2500 4.000 EXP 11119(2006 DEERFIELD TRLARC CAP CORP 244572202 CASH ACCREDITED DIVESICRS 1.000.000 12.9700 12.970,000 ENVIRONIMNTAL SOLUTIONS ESVAV CASH 100.000 0.5500 55.000 WORLOWDE NC KERZNER INTERNATIONAL LTD KA CASH 10.000 58.3500 583.500 BSC RAMC: STOCK 0/SECTOR MW NED DAMS RESEARCH RATING: H VECTOR GROUP LTD VGR CASH 159.589 19.9600 3.185.396 255.342 8.0180 WYNN RESORTS LTD WYNN CASH 10.000 46.6800 466.800 8SC RATING: STOCK MEMORIAM WALL STREET STRATEGIES RATING: H Total Equities& Opticms 337.785.848 6508.534 TOTAL EQUITIES 637.785.848 5508.534 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME 6919.281 YOUR PRICEOPORTFOLIOHOLDINGS 543871.187 071 n01650334 00• YYt EFTA01260721 11 m r Z6LTS£00 -IA19-ÅNGS 1 8 b.) Ja IpJBEAR STEARNS OFFICE SERVICING YOUR ACCOUNT ladkork 10179 6 el '0 Transaction Detail INVESTMENT ACTIVITY SETTIDAEM MIX DATE DATE TRANS/03N 10/06.05 1W WUL Manx BEAR STEARNS COMPANIES INC JOURNAL FROM TYPE 1 TO 2 Snmaucum. Limin BSC -450.000 0.EARED IIPIOV>1 r7s Vil*O.LY CAVED StALMARY ~rte., 11}01-385D FINANCIAL TRUST COMPANY INC STATTWICT nag° October 1.Ø5 THROJGH Ottobe 31. 2005 FCCOL.IT ~MA ~ra 1~mi:it WWI«. On Flo LAST STAUNCH, Smerntx« 30. 2005 NOCE 00111 AVC4.41 CREW AMOUNT 10/06/05 JOURNAL EQUITY OFFICE PROPERTIES TRUST EOP -110.000 541 JOURNAL FROM TYPE 1 TO 2 JOURNAL BEAR STEARNS COMPANIES INC BSC 450.000 JOURNAL FROM TYPE 1 TO 2 10/06105 10/06105 JOURNAL EQUITY OFFICE PRCPERTIES TRUST EOP 110.000 S8I JOURNAL FROM TYPE 1 TO 2 10117/05 10/12/05 BOUGHT ARRA COMPUTER INC WITH RIGHTS TO PURCHASE COMMON SDI UNREDDER CERTNN CRCULISTANCE UNSOUCWE TAME A MKT RI THIS SECURITY AVG PRICE: IIETAILS ON REQUEST UNIT PRICE 49.435000 /APL 10.24/05 20.000 49.49500 989.905.00 JOURNAL O VS COMPANIES INC BSC µ .100.000 T 7.14AT 1 10127/05 1024/05 SOLD IMCNCAU REALTY CORP UNSOUCRED CU 48.100 41.90500 3.686.385.18 10127/06 1024/05 SOLD TOO INC UNSOLICITED TOO 4,100 27.20240 111,274.17 10127/05 1024/05 SOLD BEAR STEARNS COMPANIES INC UNSOLICITED BEAR STEAMS å CO. INC. 5 A VSP 7/14/059 sussicum OF DI06.26E ISSUER. 1 EQUITY OFFICE PROPERTIES TRUST (OP -110.000 30.69360 3.369.549.87 581 UNSOLICITED BSC -100,00) 104.54700 10,448,257.99 10/27/05 1024/05 SOLD 027 11/~01,4 Ø ven EFTA01260722 -n in r E6LISE00 -019-ANGS BBNR STURNS OFFICE SERVICING YON Accouorr Sew Stee0ö 8 Co Inc. New Yoh. New Yen 0179 7 co ,0 Transaction Detail (continued) INVESTMENT ACTIVITY (ccn0luee) SE1TtDAENT TOME DATE DATE TIAKSACTIDit DISCR911091 SYMEICUCUSP ~MT+ pAKI CEDE! A11001rt mot Now 10127/05 JOURNAL APPLE COMPUTER INC AAPI. 20.000 JCIANAL FROM TYPE 2 TO 1 10127/05 JOURNAL BEAR STEARNS COMPANIES NC BSC 250.000 JOURNAL FROM WEE 2 TO 1 10/27/05 DELIVERED TOO INC TOO -45.9C0 DEL 7000005 1027/05 JOURNAL APPLE COMPUTER INC AML -20.000 JOURNAL FROM TYPE 2 TO 1 1012705 JOURNAL BEAR STEARNS COmPATIES NC BSC -250.0O3 JOURNAL FROM TYPE 2 TO 1 1O/28/05 10/25105 SOLD 'ROST FIN HAL) IFPSF -1CO,CCO 3.99590 399.690.00 EMU HYST CL UNSOUCTTED 82005102507438 I 8 051025 REPORTED PNCE 4.055900 DEFERENCE -0.060003 10/31/05 DELIVERED BEAR STEARNS COMPANIES INC BSC .120.000 DEL TO 05198 TOTAL S-989,905.00 $18.015.157.21 MONEY FUND ACTIVITY 0.EMED 7i440u0n n vmCkur 0~0 SuniCtun• Ziee. Reams Scants Ye Yen 11201-3859 FINANCIAL TRUST COMPANY INC STATOJINT Elmo OaCter 1.2005 niActaaK (Mote 31.2005 ANT m/74ER TAXPAYER ran3ER On ne LAST STATeutwT Sigarnbe 30. 2005 art MOP! TM/GAME« DESCAPTION 10101/05 STISCUCUSIP .0UPInDY PRIZ2 om Masa CAMP /MOUNT OPENINGBALANCE 155.790.01 10/03/06 BOUGHT DREYFUS CASH MANAGEMENT -CL A NON 512.591 1.0000 512.591.00 ESTITUTTONAL SHARES 027 111OUDIce»34 001 Yile7 EFTA01260723 rn IJ of/ 0 -n z C in z r V6LTS£00 -019-ANGS BEAR STEARNS OFFCE SERYCIttG YOUR ACCOUNT BEVY Stearns & Co Inc. Y York 10179 ULM= ThROLG14 n WHO./..Y INAZD SUOSIOVAY ft Nal Ism 11201.3e19 FINANCIAL TRUST COMPANY INC STATEmENT MOD:0 °STOW 1.2005 Tp00.4.1 °mom 31.2005 Transaction Detail (continued) MONEY FUND ACTIVITY (continua:) OAK MOONY TRAPSC111N DESCRIPTOR SYmbatitta, Oumbrrt nett ACCOuNT KAMER Min TOONYER MIMM31 On EIC LAST STATEMENT September 30.2035 ban man Mob Alcoa 10/03/05 DMDEND DREYFUS CASH MANAGEMENT -CL A edmunOeui. SHARES DOG 1.155.77 MONTHLY DIVIDEND 10/03/05 REINVEST DREYFUS CASH MANAGEMENT -CL A MOM 1,155.77 1,155.77 NSTITUTIONAL SHARES DMDEND REINVEST 10/06/05 SOLD DREYFUS CASH MANAGEMENT -CL A DIC10( -669,536.78 1.0000 669.536.78 IISTRUTONAL SHARES 10/06105 DMDENO DREYFUS CASH MANAGEmENT-a. A DIClOI 228.73 INSTITUTIONAL SHARES RESIDUAL DRICEND 10/27/05 BOUGHT DREYFUS CASH MANAGEMENT -CL A (Ca 11.573.149.05 1.0000 11,573,149.05 INSMUTIONAL SHARES 10/28/05 BOUGHT DREYFUS CASH MANAP-FIAFTG-CL A ' Dna 507.658.26 1.0000 507.658.26 RISTITUDONAL SHARES 10/31/05 CLOSINGBALANCE 12 080,807.31 TOTAL 5-12.594.554.08 5670.921.28 DMDENDS DATE DESCOPTEM STMEOUOJEF 010MITI RODE CS) DEIR Alta CREDIT AMOUNT 10/17/05 EQUITY OFFICE PROPERTIES TRUST EC. 110.000 0.5000 55,000.00 $81 REC 09/3(105 PAY 10/17/05 10/17/05 MACKGAU REALTY CORP bEc 10405/05 PAY 10417,05 Cu 88.100 0.6300 55.503.00 WT 11/01.06:01114 CM 1007 EFTA01260724 ETT 8 IJ IJ 00 00 --.1 C) 0 -n C in r S6LTS£00 -019-ANGS BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear. Steams E Co Pc. New Yn New Yen 10179 9 •: Transaction Detail (continued) DIVIDENDS (conUnued) CAMEO 1149303n RS WHOWE OARED SuSSORRY Bev Suers Saanias Nat of 1201 3359 FINANCLD TRUST COMPANY INC summer nano °tuber 1.2005 THR0uPT OCIPX4 31.2005 *moue WIPER X72 TAIDARTIR RPM. On FIR WT PATDIEVT Septerber 30.2005 OAR DESORPTION SWEIOUCUSP MAMMY RAM RI DEa AVOUP41 COW!' MOOR 10/28/05 BEAR STEARNS COMPANIES LNC REC 10,18/05 PAY 10'28/05 BSC 650,000 0.2500 112.500.00 TOTAL 5223.003.00 INTEREST an COOltP/101 Slat LSI Ctmitry AAR rhi ORR AVOUN7 CREOR AMOUNI 10/21/05 INT 08 09/21 .111.5012814 ML 6005850 RIG 9721862 36.467.43 TOTAL 5-36,467.43 MISCELLANEOUS aR TIIMISACTKAI CtSCSFIPPC`. OMR AMMO MCC masa MODAY 10703/05 JOURNAL FROM 151.250.00 10/03/05 JOURNAL FROM 381.341.00 10104/05 CASH-UEU VECTOR GROUP LTD 9.78 CASH IV LIEU OF .50000 REC 09/2005 PAY 0929105 10706435 JOURNAL. JOURNAL FROM TYPE 1 TO 2 669.546.54 10/06/05 JOURNAL TO 25.000.000.00 PERL 10/06/05 JOURNAL JOURNAL FROM ME 1TO 2 669.546.54 10/07/05 JOURNAL JOURNAL FROM TYPE 1 T02 228.73 10107/05 JOURNAL JOURNAL FROM TYPE 1TO 2 228.73 027 11.01/05113511 0D1 VIO7 EFTA01260725 rn I8IpJ Ja DO IJBEAR STEARNS CefICE SERVICING YOuR ACCOUNT Sett Stearns C . Inc. N Y Yak 10179 10 cri, rtnuati) TWR01.0. rIS VA•DU.Y OWNED SUBSONRY ~rut 20 3113.9 FINANCIAL TRUST COMPANY INC STATEMENT PIIROD OCOD« 1.2005 THROW. Ocsater 31.2005 Transaction Detail (continued) MISCELLANEOUS (continued) art ØY ~ACM« OtStAIPTEN. OM Amapa acccsea roan ~a TAXPAYER ~Mk On no LAr nitwit ~sr 30.2øs CREDO AVOW 10/17105 JOURNAL JOURNAL FROM TYPE 1 TO 2 110,503.00 10.07/05 JOURNAL JOURNAL FROM TYPE 1 TO 2 110.503.00 1011705 JOURNAL FINAL REODAPTION 19,203,776.00 z -n 10/2705 1027/05 10/28/05 JOURNAL JOURNAL JOURNAL JOURNAL FROM TYPE 2TO 1 JOURNAL FROM TYPE 2TO 1 JOURNAL FROM TYPE 2T01 7.775.489.70 7,775,489.70 112,500.00 10/28/05 JOURNAL JOURNAL FROM ME 2T01 112.500.00 in z TOTAL 5-33.658267.97 528.384.644.73 r 96LTS£00 -IA19-ANGS STOP End of Statemen 027 ,:91N5Ø14 CO1 EFTA01260726 ITT 8 b.) IpJ 00 O -n C in r L6LTSEOCIA19 -ANGS BEAR STEARNS OFFICE SERvICING YOUR ACCOuvr Sem Stearns a Co. Inc. 383 Madison AVMs II In Iul .11 ..... FINANCIAL TRUST COMPANY INC C/0 AMERICAN YACHT HARBOR ST THOMAS VI 00802-1348 CLIME° /1440..0. rTS wna. O'AttO SIASCMItY iBlialirn1 Sion*. BrCOthlt Nal RA 11/014850 FINANCIAL TRUST COMPANY INC STAIS1SNT PER103 $ePteatr 1.2035 YKROWN September 30.2005 ...W0 MT SWIM TAxPAYEA MAWR On no LAST STATOIENT AIM= 31.2005 Pursuant to your previously issued instructions. Bear Stearns Sectaries Corp. provides duplicate monthly statements and/or Uansaction confirmations to the Wird parties listed on the cater page of this statement. If you wish to modify a cease distribution to any of the recipients indicated. please contact your Account Executive. This reminder notice will continue to be provided to you on your quarterly statements. Third Party 1 EPSTEIN a CO 457 MADISON AVE 4TH FLOOR NEW YORK NY 10022 027 100105.11 SO 001 TUe EFTA01260727 CLEAPIO ThltOttoi its %WILY OWNED Putman CiFICE SERVICING YOUR ACCOUNT BEAR Inc 10'79 STEARNS FINANCIAL TRUST COMPANY INC ACCOUNT EXECUTIVE ZICHERMAN.IRA S•ATE'N.NT Pf/000 September 1, 2005 TELEPHONE MMID Seet Wilber 30. 2005 VISIT OUR MOSHE wAvo.bearstraams.ccen What's In This Statement ICCOu,rt MASK as -manna HALER On Tie Financial Summary 3 FINANCIAL TRUST COMPANY INC LAST STAITVENT ALOUtt 31.2005 Yotr Portfolio Holdings 4 C/0 AMERICAN YACHT HARBOR Transaction Detail 6 0 0 Fund Activity Your Messages 7 9 ST THOMAS VI 00802-1348 I8En b.) 1,2 t m C in r 86LTS£00 -019-ANGS Your Portfolio at a Glance TOTAL VALUE OF SECURITES TN6 PERIOD 82.480.888 Market Value of Your Portfolio s when _6%5.790 S10.836.205 MONEY IAARKET FUND BAIANCE 165.790 ENulfes- 582.488.8ED S-8.000 578.392.705 5..14,000 NET mum ms PERIOD 682.636.678 OPTent POOH yatie NET ECTUTIV LAST STATEMENT 89.214.910 la Tau stmanwes mattat value Start market vale CHANGE SINCE LAST STATEMENT -6.578.232 There are no 'Stop Loss' orders or other pending buy or sell open ceders on file for your account. ruts wen a} 1 Vett e seas. hecalk AI }MI.: IC ho, owes eise Seven .4 Our Slum. Skulks Ca, ilstaor, kles"31. glim'Ns arra S ke ettentkallpaposys em. to rd Hence:maw coxnet. Ice unman arcane routed aar Y:✓ novas See Weld lob kr reettint altn-aem C27 10t10.1 '1 LO 001 V446 EFTA01260728 CLtflO Twit01,0m ITS VMhIV CWITCO 50030111rf sow11}01.3•19 FINANCIAL TRUST COMPANY INC 2 a .e 0 -n z C in z r 66LTS£00 -019-ANGS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 1011.80401:50 001 VHS EFTA01260729 CLEARED MAL,P3.1 In VINDAY OARED IV mereRY 0 z ii C in z r 008TS£00 -O19-AN0S 8 ba IJ t IJ BEAR STEARNS OFFICE SERVICNG YOUR ACCOUNT Beriallat earns New Yt New York 10179 3 o •: Cash Flow Analysis THIS PIRD3 Income Summary IRS PERIOD Yuan) Calk Opening Balance 30.00 Dmdends 73.541.80 1.992.305.81 Credit Balance Int. 0.00 2395.40 Money Find 11.012.745.80 Funds Deposited 248.043.09 Total 573.541.80 51.994.701.21 Divdendsamerest 80.796.00 Foreign Tax Withheld 0.00 -2.227.67 Amount Credited 511.319.584.89 Money Fund 419.584.89 Portfolio Composition Funds Weidman, .1.000.000.00 SHORT tag licallaneous -10.000.00100 Cash/Cash Equlralent 155.790 Amount Debited 5-11.319.584.89 Equities 8.000 82.488.888 Closing Balance 30.00 Total 38.000 582.644.678 021 l001/06.1110 COI Imp Sewn Semen Cab. CC* Menace Cm* NOM Pew York 11201485. FINANCIAL TRUST COMPANY INC STATEVEHT REMO September 1.2005 TPROUGH Septeerte 30.2005 ACCCURT 'Legate tAx•Arem It Di nkfr tat frATERENT Augnl 31. 2005 Your Portfolio Allocation L- [quotes 99% ~Wei Knee OM)* fate Mime mete to, mem mum nr anus PeOletlt• 0"14 fp, he 2,144/4 amen yew ei ma amble EFTA01260730 CtURE0 Tr4.0)3., in %wage Coni.f.0 taissawre rn IS b.) b.) t 0 -n C rn r TOSTS£00 -019-ANGS BEAR STEARNS DUKE SERVICING YOUR ACCOUNT Imo( 10179 4 Your Portfolio Holdings CASH & CASH EQUIVALENTS alumni meows. DREYFUS CASH MANAGEMENTC1 A DICICE iNSTRIIIIONAL SHARES EST, 30 DAY AVG VELD 3.6200% TOTAL CASH di CASH EQUIVALENTS QUISTITY 155,790.01 WEB MIMED OSLO MKE VW/ MOM P CO I MD ea 1.0000 155.790 5,297 3.4001 $155.793 $5.297 EQUITIES met rot n01.3859 FINANCIAL TRUST COMPANY INC 3ThremexT et1000 Septrber 1.2005 THROJC01 Accattr V.A•INFI TAIMAYEA LAST STAR 14.0 Sermarrter 30.2005 Co Fib AKust 31.2005 Equities & Options The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the Firm's Equity Research Department. The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: 0 - Outperform: P — Peer Perform:LI= Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market Index. The key for the sector rating is as follows: MO — Market Overweight MW - Market Weight; MU - Market Underweight. In cases vmere a 8SC rating is present, the name of an independent, third-party research provider and their rating may also be displayed. where Such research is available. The various providers have normalized their ratings systems as follows: B - Buy: H Hold: $ - Sell. The ratings information contained herein is for informational purposes only and Is not intended to provide tax, legal or imestment advice. Bear Stearns is neither' soliciting any action based on such information. nor endorsing any recommendation or opinion expressed by any independent, third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent. third-party research on certain companies covered by the Firm's research is available to customers of Bear Steams at no cost. Customers can access this research at wwebearsteams.com or can call (800) 517-2327 to request that a copy of this research be sent to them. COMPTON SYLISOUCUSIP MST TIPC OUANTIY ACE WflU vaLC [smarm 1/101k. INCOME 0.0:5001 MD (Ml BEAR STEARNS COMPANIES INC BSC CASH 450,000 100.7500 49.387.500 450,000 0.9112 COLGATE PALMOLIVE CO CL CASH 106,200 52.7900 5.606.298 123,192 2.1974 BSC RAMS: STOCK 0/SECTOR MW FULCRUM GLOBAL PARTNERS. LW RATING: B CALL CCISATE PALM NO1/055"" ON 11/190005 CLIC55 CASH -200 0.4000 -8.000 Oil 1093060130 COI MW EFTA01260731 En I8 IJ 0.2 V; 0 -n C rn r ZOBTS£00 -019-ANGS BEAR STEARNS ONCE SERVICING YOUR ACCOUNT Bear. Steams & Co. ku. New York New York 10179 5 a40 Your Portfolio Holdings (continued) Equities & Options Dointinuec0 COMMON SYMIOUCU9P ACC1 nx 01.11.460Y Neat WW1 SAM ESTWATE0 Waal POSSE CURRDR YIE10(%) DEERFIELD TRIARC CAP CORP 244572202 CASH 1,000.000 13.8500 13.850.000 ACCREDITED INVESTORS EQUITY OFFICE PROPERTIES TRUST EDP CASH 110,000 32.7100 3,590.100 220,000 6.1143 5BI BSC RAMC: STOCK P/SECTOR MW GREEN STREET ADVISORS. INC. RATING: ENVIRONMENTAL SOLUMIS ESWW CASH 100,000 0.6700 67.000 wiNILDwC4 INC ip&OST FIN RAU IFPSF CASH 100,000 4.4890 448,900 8.200 1.8287 EUR1 laNST CL KERNER INTERNATIONAL LTD KR CASH 10.000 55.5500 555.500 BSC RATING: STOCK P/SECTOR MW NED DAYS RESEARCH RATING: B MACK.CALI REALTY CORP CU CASH 88.100 44.9400 3.959.214 222.012 5.6075 BSC RAMC: STOCK P/SECTOR MW GREEN STREET NWISCOS, INC. RATING: H TOO INC TOO CASH 50.000 27.4300 1.371,500 BSC RATING: STOCK P/SECTOR MW GARP RESEARCH RUNG: B VECTOR GROUP LTD VGR CASH 159,589 20.0100 3.193.376 255.342 7.9960 VANN RESORTS LTD WYNN CASH 10.000 45.1500 451.500 BSC RATING: STOCK 0/SECTOR MN WALL STREET STRATEGIES RATING: H Total Equities& Options 582.480.888 51.278.746 TOTAL EQUITIES 582.480.888 51.278,746 021 10401/06:1140 001 &Van rrs V0440-sr ON40.0 Statictutv les lo Stoant Socusis: Co stcoaSIS sew Von 11201.310 FINANCIAL TRUST COMPANY INC STATEwfh7 nano Septerrter 1.2005 noTotwa Septerrear 3o. 2005 awn PIIMIOR TAYPAYER NUISER 011rb LAST STAMM? Await St 2006 • EFTA01260732 0 ii rn r EOBT SEOCIN9-ANGS BEAR STEARNS OFTTCE SERVICING YOUR ACCOUNT Beat Steams & Co. Inc. New York. New York 10179 6 a '0 Your Portfolio Holdings (continued) YOUR PORTFOLIOHOLDINGSESTIMATEO ANNUAL INCOME 51.284.043 YOUR PRICED PORTFOLIOHOLDINGS 582.636.678 Transaction Detail INVESTMENT ACTIVITY St171.11ANT 11>w 0911 C.411 TWISACTION 01301111110N 09/29/05 09/20/05 BOUGHT $11490UCUSIP CLEARED 1141w01 Nn v•VOtrf 0,910 Suisccory 9ew Sion Sorb, 03, 07e litotatti Caviar /..bm, froofr/r. 1,97 Vom 11201.3449 FINANCOL TRUST COMPANY INC STATENENT 1111300 SiottoMbY 1.2005 1141Ctral Sexembe 30.2005 ACCOUNT KAISER TAXPAYER MASER On tie LAsT $TATOWC August 31, 2005 OUMMY Mb= DENT AMMO MOM wean VECTOR GROUP CTO VGR 7,599 SEE NOTE t ON RACK SYRON ON 151990 585 REC 09(20105 PAY 09/29/05 AS CC 09(20105 TOTAL DEPOSITS AND WITHDRAWALS DUI 111ANSACTION DESCRWT1314 01ST MOUNT CREPT AMOUNT 09/06/05 FUNDS REC FNOSVARED TO CITIBANK FROM 246.043.09 027 10100.1040460 001 EFTA01260733 CtLaatO nommen ITS V643tLYWS° amso(Mv BR STMEARNS OFFICE SERVICING YOUR ACCOUNT Beer. Szeems 6 Co. Inc. New Yak New York 10179 7 cn: Transaction Detail (continued) DEPOSITS AND WITHDRAWALS (continued) DUE 09112/05 FND WIRED m0A4m8078538FNDSvARED TO TRANSACIICN DISCRPION COP MOW GREW MOAT S Ilk 0 TOTAL 34.000000.00 5246.043.09 MONEY FUND ACTIVITY 1,000,000.00 POSTS£00 -019-ANGS FINANCIAL TRUST comFANy INC STATEMENT 02=0 Strp*MUI T. 2005 Ti4tOLOI September 30.2005 IKbWI WEER TaxPAYER want On rile tar smmicwr Augat 31.2006 DATE MOIMY 'WM0411011 CESOOPTIM MICAS 010=7 pe1R 0011 M T CAM AMOUNT 09101/05 OPENINCBALANCE 10.836.205.12 09101/05 SOLD DREYFUS CASH MANAGEMENT -CL A DI00( W 40,000.000 1.0000 µ 10.000.000.00 INSTITOTENAL SHARES 09/01/05 DIVIDEND DREYFUS CASH MANAGEMENT -EL A DIC)0( 12.745.80 INSTITIMNAL SHARES MONTHLY DIVIDEND 09/01/05 REINVEST DREYFUS CASH mANAGEmENT-CL A INSTITUTIONAL SNARES ormEND REINvEsT DIEU 1Z745.80 12.745.80 09/07/05 BOUGHT DREYFUS CASH mANAGEMENT.D. A DIC)0( 246.043.09 1.0000 246.043.09 INSTITUTIONAL SNARES 09/12/05 SOLD DREYFUS CASH MANAGEMENT -EL A DIOcc .1.000000 1.0000 1.000.000.00 Renn.moNAL SHARES 09/29/05 BOUGHT DREYFUS CASH MANAGEMENT -CL A DIEM 50,795 1.0300 60.796.00 INSTITUTIONAL SHARES 09/30/05 CUDSING8ALANCE 155.790.01 TOTAL S-319,584.89 511,012,745.80 027 100”06.1 sc co' VS96 EFTA01260734 C) 0 -n z C in z -H r SOSTS£00 -019-ANGS I8 b.) IJ BEAR STEARNS OFFICE SERVaiG YOUR ACCOUNT Bear. Steams & CO. Inc. New York. New York 10179 Transaction Detail (continued) DIVIDENDS CAR [ems: me 049/29A7.5 VECTOR GROUP LTD VGR 161.990 0.4000 60.796.03 REC 09/20.05 PAY 0929.05 TOTAL SAIS0LaiS2P =ARM THROuOn ITS mai &MED SoliSCagre erriewer semis mope. wee Yew 201.3169 FINANCIAL TRUST COMPANY INC summer new00 Sweeter 1.2005 mecum September 30.2005 AOCOUNT WSW TAXPAYER totite On Fie LAST STATINENT Myst 31.2005 Ora! Stet In Ina MOST CREPT AMOUNT $60396.00 MISCELLANEOUS OAT( mom' TRAKAC110N OESCS1PrOst 09,01/05 JOURNAL TOTAL OE en ACM OISIST MUNI TOE 10.000.000.00 5-10.000.000.00 027 1 0,01.05.11 SO 001 • EFTA01260735 CLUJ= DOOM. RE IS•CtlY OWNED SAALSOARY CfFICE.SERVCING YOUR ACCO-N- -n C rn r 908TS£00 -019-ANGS Ill b.) 00IJBff1/412 STEARNS Mork 10179 9 a' lo Your messages ma-Bear. Steams Securities Cap. Net Capital and Net Capital Requirements: At May 31. 2005 and July 31. 2005. the Cornpanys net capital of approximately 44.1 billion and $3.9 billion was approximately 6% and 7% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately 51.3 billion and S1.1 billion by approximately 52.8 billion and 52.8 billion. all respectively. A complete copy of the Bear, Steams Securities Corp. Statement of Financial Condition is available on the web site wmv. ativety, to request a free printed copy please call - toil freefa' TM 11201.1.40 FINANCIAL TRUST COMPANY INC STATEsell Pt /t00 SW.001W 1.2005 Soxembee 30.2005 ALMS( MAW TAXPAYER %MYR On Fie LAST STATEW%7 AtAgInt 31.2005 Securities and other assets in your account are the firm's collateral for any margin loan made to you. If the securities and other assets in your account decline in value, so does the value of the collateral supporting your loan, and. as a result, the firm can take action. such as issue a margin call and/or sell securities or other assets in any of your accounts held with the member. in order to maintain the required equity in the account It is important that you fully understand the risks involved in trading securities on margin. these risks include the following: - You can lose more funds than you deposit in the margin account. - The firm can force the sale of Scarifies or other assets in your accOun(s). • The firm can sell your securities or other assets without contacting you. • You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call. - The firm can increase its 'house maintenance margin requirements at any time and is not required to provide you advance written notice. - You are not entitled to an extension of time on a margin call. 027 100/01,1150 0:01 EFTA01260736 BEAR STERNS OXFCC SERviel% YOUR ACCOUNT mar10119 10 (-) 0 z m ci m z H r LOSTS£00 -01D-ANGS This statement is provided to explain Bear. Steams & Co. Inc.'s cBSC) payment for order flow practices. BSC routes a majority of orders for customer securities transactions to the primary market for such securities. Orders may also be routed to other market service vendors that assure executions pursuant to complex mathematical formulas at better than the national best bid or best offer (NBB0). BSC receives no cash payment or other consideration for such order routing other than favorable executions or executions of limit orders at no additional charge. End of Statement ITar CLVACO ThltOtS1 rts 'ASOLLY OWSED SJSSOORY FINANCIAL TRUST COMPANY INC sinnuen 'moo sexember 1.2005 T.4.043.4 Sereornbee 30.2006 ACCOINT MAW TAX.Verlt MAIM en Fit LAST STATEWNT Ateig 31. 200S Pursuant to SEC Rule tact