BEAR
STEARNS

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

CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY

Bear, Stearns Securities Corp.

GHISLAINE MAXWELL

STATEMENT PERIOD August 1, 2006

THROUGH August 31, 2006

ACCOUNT NUMBER

TAXPAYER NUMBER On File

LAST STATEMENT July 31, 2006

ACCOUNT EXECUTIVE

TELEPHONE

VISIT OUR WEBSITE www.bearsteams.com

## What's In This Statement

<table><tr><th>Financial Summary</th><th>3</th></tr><tr><td>Your Portfolio Holdings</td><td>4</td></tr><tr><td>Transaction Detail</td><td>7</td></tr><tr><td>Fund Activity</td><td>7</td></tr></table>

GHISLAINE MAXWELL

## Your Portfolio at a Glance

<table><tr><th>TOTAL VALUE OF SECURITIES THIS PERIOD</th><th>14,745,856</th></tr><tr><td>LONG ACCRUED INTEREST</td><td>8,134</td></tr><tr><td>MONEY MARKET FUND BALANCE</td><td>56,359</td></tr><tr><td>NET EQUITY THIS PERIOD</td><td>$14,810,349</td></tr><tr><td>NET EQUITY LAST STATEMENT</td><td>15,955,311</td></tr><tr><td>CHANGE SINCE LAST STATEMENT</td><td>-1,144,962</td></tr></table>

Market Value of Your Portfolio

Cash & Equivalent $56,359
$54,664

$13,045,856
Equities
$14,195,631

Fixed $1,700,000
Income $1,700,000

Current market value

Last statement's market value

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

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, Stearns Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859.



SIPC This statement should be retained for your records. See reverse side for important information. summary is for

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## Your Portfolio at a Glance (cont.)

CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY

Bear, Stearns Securities Corp.

GHISLAINE MAXWELL

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GUIDE TO YOUR STATEMENT Your statement may contain the following sections

Your Portfolio at a Glance: Reflects the net equity of your account at the close of the statement period, the net equity of your last statement and any change since the last statement.

## Market Value of Your Portfolio: A graph reflecting

the change in the market value of your account portfolio from the

market value reflected on your last statement (Cash/Cash

Equivalent, Equities, Mutual Funds, Fixed Income, Other)

## Cash Flow Analysis and Cash Balance

Summary: Both show your opening and closing balances. Cash Flow Analysis reflects the categories of cash activity. Cash Balance Summary reflects the cash balances by account type. Opening Balance is the credit or debit carried over from the previous period's closing balance. Closing balance is the combination of the total debits and credits for the statement period together with the opening cash balance. A debit balance (money you owe us) is indicated by a minus sign in these sections.

## Cash Flow Analysis and Cash Balance (cont.)

Income Summary: Reflects the total dividend, interest and other income amounts for the statement period and year to date. Any tax withheld, margin interest and miscellaneous charges are included here if applicable.

Distribution Summary: Reflects retums on capital, iquidations, and other income for the statement period and current year.

Retirement Plan: Reflects the contributions received and distributions paid during this statement period as well as for the previous year.

Your Portfolio Allocation: A pie chart defining your asset allocations (Cash/Cash Equivalent, Equities, Mutual Funds, Fixed Income, Other).

Portfolio Composition: Reflects a summary of cash cash equivalent, equities, mutual funds, and fixed income for the statement period.

Bonds with 60-Day Horizon: Reflects bonds that will mature or are subject to redemption within the next 60 days.

## Cash Flow Analysis and Cash Balance (cont.)

Your Portfolio Holdings: Reflects cash and all securities in your account. Estimated annual income is based on the dividend or income expected to be received annually. Accrued interest represents interest eamed but not yet paid or collected on fixed income securities since the last coupon date. There is no guarantee that this interest will be paid by the issuer. Current yield is calculated by dividing the estimated anual income by the market value of the securities and represents an estimated current yield only.

## Market Prices/Bond Ratings

The market value of your holdings are as of the last business day of the statement period. Prices for determining market values represent estimates. These estimates are obtained from mutiple sources, including Bear Steams, its affiliates and outside services. Pricing estimates may be based on bids, prices within the bidioffer spread, closing prices or matrix methodology that uses data relating to other securties whose prices are more ascertainable to produce a hypothetical price based on the estimated yield spread relationship between the securities. Pricing estimates do not constitute bids for any securities. Actual prices realized at sale may be more or less than those shown on your statement. Bond ratings are received from outside sources. While we believe our sources for market values and bond ratings to be reliable, we cannot guarantee their accuracy

## Market Prices/Bond Ratings (cont.)

The total cost basis for each security position and the unrealized gainfoss are provided solely as a general indication of performance and should not be used for tax purposes or otherwise relied upon without the assistance of your tax advisor With respect to security positions received into your account, cost basis information, if any, has been provided by you.

Cost basis information relating to securities positions consisting of more than twenty tax lts (purchases and re-investments) is displayed in the aggregate as one short term and one long term tax lot. Further information is available from your broker.

Cost basis information has been provided by you or by a third party on your behalf, and not by Bear Steams.

Cost basis information relating to your mutual funds holdings, regardless of the number of tax lots, is displayed in the aggregate as one short term tax lot and one long term tax lot. Further information is available from your broker.

The original cost basis of this position has been adjusted to reflect amortization or accretion.

## Market Prices/Bond Ratings (cont.)

Transaction Detail: Reflects all transactions setting or processed for your account this statement period.

Trades Executed But Not Yet Settled: This section will reflect any trades not yet settled by the statement closing date. The settlement date is indicated in the first column.

## IMPORTANT NOTES

Dividend Income: Dividends credited to your account may include capital gains, non-taxable dividends and/or dividends on foreign stock. You may wish to consult your tax advisor with regard to your tax liability on these dividend credits.

## Methods of Computing Interest on Debit
Balances:

Interest is charged on a day by day basis for any day that there is a net debt balance in your overall account. The calculation is made on a 360-day basis at the rate or rates shown on the statement. Interest rates may be changed from time to time with fluctuating money market rates or for other reasons.

## Methods of Computing Interest on Debit
Balances: (cont.)

Customer free credit balances may be used in this firm's business subject to the limitation of 17CFR Section 240.15c3-3 under the Securities Exchange Act of 1934. You have the right to receive from us in the course of normal business operation, upon demand, the delivery of

a) any free credit balances to which you are entitled

b) any fully-paid securities to which you are entitled

a) any securities purchased on margin upon full payment of
any indebtedness to us.

If this is a margin account and we maintain a special memorandum account for you, this is a combined statement of your general account and special memorandum accourt maintained for you under Section 220.6 of Regulation T issued by the Board of Govermors of the Federal Reserve System. The permanent record of this separate account, as required by Regulation T, is available for your inspection.

For Option Accounts: Further information with respect to commissions and other charges related to the execution of isted options transactions has been included on confirmations of such transactions previously famished to you and such information will be made available to you promptly upon written request

## Methods of Computing Interest on Debit
Balances: (cont.)

Bearer Bonds: If any securties held by us for your account are bearer obligations which have been issued since December 31, 1982 with original maturities of more than one year, we agree that we will satisfy the conditions set forth in subdivisions and of Treasury Regulation Section 1.165-12 (c) (3) and covenant that we will comply with the requirements of Treasury Regulation Section 1.165-12(c) (1) concering the delivery of such bearer obligations.

Financial Statement: A francial statement of our fm is available for your personal inspection at our office, or a copy will be mailed to you upon written request.

Custody: Whether we are your broker or act as a clearing agent for your broker, we carry your accourt and act as your custodian for funds and securities, once received by us, which have been deposited directly with us through your broker or otherwise or as a result of transactions we process for your account. Inquiries conceming the positions and balances in your account may be directed to our Client Services Department at 347-643-2578. If your account is introduced by another broker, all other inquiries regarding your account and the activity therein should be directed to such broker.

## Methods of Computing Interest on Debit
Balances: (cont.)

Reportable to the Internal Revenue Service: As required by law, at year end, we will report to you and to the Internal Revenue Service and to certain states, certain information on sales (including short sales), dividends, and various types of interest that have been credited to your account.

PLEASE PROMPTLY NOTIFY YOUR ACCOUNT
EXECUTIVE IN WRITING OF ANY MATERIAL
CHANGES IN YOUR FINANCIAL
CIRCUMSTANCES OR INVESTMENT
OBJECTIVES

Statement Frequency: Statements will be mailed to customers whose account has activity during the statement period affecting money balances and/or security positions. Delivery Versus Payment customers whose account has activity will receive statements on a quarterly basis that will reflect all activity during the quarter. All other customers wil be sent statements at least four times a calendar year provided their account contains a money balance or security position.

## Information Available Upon Request: The date

and time of the transaction and the name of the person from

whom the security was purchased, or to whom it was sold

will be furnished upon request.

Please promptly notify the office servicing your account in writing of any change of address. The office servicing your account can be found on page 1.

## Information Available Upon Request: The date (cont.)

Kindly include your account number(s) on all correspondence.

Bear, Steams Securities Corp. (BSSC), a member of the Securities Investor Protection Corporation (SIPC"), provides account protection for the net equity of a customer's funds and securities positions. SPC provides $500,000 of primary net equity protection, including $100,000 for claims for cash ("SPC Coverage"). Visit www.sipc.org for more information about SIPC Coverage. BSSC provides the additional protection (Excess SPC") through Customer Asset Protection Company ("CAPCO"), a New York licensed insurance company. Account protection applies when a SIPC member firm fails financially and is unable to meet its obligations to its securities customers, but does not apply to losses from the rise or fall in the market value of investments or to SIPC ineligible assets such as futures, options on futures, foreign exchange transactions, or any investment contracts that are not registered as securities.

## Information Available Upon Request: The date (cont.)

The USA PATRIOT Act requires that all financial institutions obtain certain identification documents or other information in order to comply with their customer identification procedures. Until you provide the required Information or documents, we may not be able to open or maintain an account or effect any transactions for you.

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BEAR
STEARNS

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

CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY

Bear, Stearns Securities Corp.

GHISLAINE MAXWELL

STATEMENT PERIOD August 1, 2006

THROUGH August 31, 2006

ACCOUNT NUMBER

TAXPAYER NUMBER On File

LAST STATEMENT July 31, 2006

3 of 8

## Cash Flow Analysis

<table><tr><th></th><th>THIS PERIOD</th></tr><tr><td>Opening Balance</td><td>$0.00</td></tr><tr><td>Money Fund</td><td>250.36</td></tr><tr><td>Dividends/Interest</td><td>1,444.28</td></tr><tr><td>Amount Credited</td><td>$1,694.64</td></tr><tr><td>Money Fund</td><td>-1,694.64</td></tr><tr><td>Amount Debited</td><td>$-1,694.64</td></tr><tr><td>Closing Balance</td><td>$0.00</td></tr></table>

## Income Summary

<table><tr><th></th><th>THIS PERIOD</th><th>YEAR TO DATE</th></tr><tr><td>Dividends</td><td>250.36</td><td>85,765.37</td></tr><tr><td>Muni Bond Int.</td><td>1,444.28</td><td>41,012.58</td></tr><tr><td>Credit Balance Int.</td><td>0.00</td><td>2.44</td></tr><tr><td>Total</td><td>$1,694.64</td><td>$126,780.39</td></tr><tr><td>Bond Purchase Int.</td><td>0.00</td><td>-310.52</td></tr></table>

## Portfolio Composition

<table><tr><th>Cash/Cash Equivalent</th><th>56,359</th></tr><tr><td>Equities</td><td>13,045,856</td></tr><tr><td>Fixed Income</td><td>1,700,000</td></tr><tr><td>Total</td><td>$14,802,215</td></tr></table>

Your Portfolio
Allocation

Cash & Equivalent
<1%
Fixed Income
11%

Equities
88%

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

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BEAR
STEARNS

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

CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY

Bear, Stearns Securities Corp.

GHISLAINE MAXWELL

STATEMENT PERIOD August 1, 2006

THROUGH August 31, 2006

ACCOUNT NUMBER

TAXPAYER NUMBER On File

LAST STATEMENT July 31, 2006

4 of 8

# Your Portfolio Holdings

CASH & CASH EQUIVALENTS

<table><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><tr><td>DREYFUS CASH MANAGEMENT-CLA
INSTITUTIONAL SHARES
EST. 30 DAY AVG YIELD 5.2300%</td><td>DICXX</td><td>56,359.13</td><td>1.0000</td><td>56,359</td><td>2,987</td><td>5.3000</td></tr><tr><td>TOTAL CASH &amp; CASH EQUIVALENTS</td><td></td><td></td><td></td><td>$56,359</td><td>$2,987</td><td></td></tr></table>

## EQUITIES

# Your Portfolio Holdings (cont.)

## Equities & Options

The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the BSC 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 where the 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 use different ratings systems and have normalized them as follows: B = Buy; H = Hold; S = Sell (this may not always correspond directly to the underlying rating system used by each provider or BSC). The ratings information 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 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 Stearns at no cost. Customers can access this research at www.bearsteams.com or can call (800) 517-2327 to request that a copy of this research be sent to them.

# Your Portfolio Holdings (cont.)

## Equities & Options (cont.)

<table><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><tr><td>BP PLC ORD (UK)
USDO.25</td><td>BPAQF</td><td>CASH</td><td>18</td><td>11.3720</td><td>205</td><td>7</td><td>3.4146</td></tr><tr><td>BEAR STEARNS COMPANIES INC</td><td>BSC</td><td>CASH</td><td>100,000</td><td>130.3500</td><td>13,035,000</td><td>112,000</td><td>0.8592</td></tr><tr><td>GLAXOSMITHKLINE
ORD GBP0.25
BSC RATING: STOCK P/SECTOR MO
ARGUS FUNDAMENTAL RESEARCH
RATING: B</td><td>GLAXF</td><td>CASH</td><td>1</td><td>28.3410</td><td>28</td><td></td><td></td></tr></table>

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BEAR
STEARNS

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

CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY

Bear, Stearns Securities Corp.

GHISLAINE MAXWELL

STATEMENT PERIOD August 1, 2006

THROUGH August 31, 2006

ACCOUNT NUMBER

TAXPAYER NUMBER On File

LAST STATEMENT July 31, 2006

5 of 8

# Your Portfolio Holdings (continued)

Equities & Options (continued)

<table><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><tr><td>LIVEPERSON INC</td><td>LPSN</td><td>CASH</td><td>2,000</td><td>5.2000</td><td>10,400</td><td></td><td></td></tr><tr><td>VISTEON CORP</td><td>VC</td><td>CASH</td><td>26</td><td>8.5700</td><td>223</td><td></td><td></td></tr><tr><td>Total Equities &amp; Options</td><td></td><td></td><td></td><td></td><td>$13,045,856</td><td>$112,007</td><td></td></tr><tr><td>TOTAL EQUITIES</td><td></td><td></td><td></td><td></td><td>$13,045,856</td><td>$112,007</td><td></td></tr></table>

## FIXED INCOME

# Your Portfolio Holdings (continued) (cont.)

## Municipal Bonds

<table><tr><th>DESCRIPTION</th><th>SYMBOL/CUSIP</th><th>ACCT
TYPE</th><th>QUANTITY</th><th>PRICE</th><th>MARKET VALUE</th><th>ACCRUED
INTEREST</th><th>ESTIMATED
ANNUAL INCOME</th><th>CURRENT
YIELD (%)</th></tr><tr><td>NEW YORK CITY N Y G/O SER B-8
WKLY FLTR
DATED DATE 11/16/94
BOOK ENTRY ONLY
DUE 08/15/2024 3.400%
RATING: MOODY AAA S&amp;P AA</td><td>649660RT6</td><td>CASH</td><td>100,000</td><td>100.0000</td><td>100,000</td><td>274</td><td>3,400</td><td>3.4000</td></tr><tr><td>TRIBOROUGH BRDG &amp; TUNL AUTH
NY SPL RFDG-SER A
DATED DATE 10/25/00
BOOK ENTRY ONLY
FSA INSURED
DUE 01/01/2031 3.400% JJ 01
RATING: MOODY AMA S&amp;P AM</td><td>896033QR1</td><td>CASH</td><td>400,000</td><td>100.0000</td><td>400,000</td><td>2,267</td><td>13,600</td><td>3.4000</td></tr><tr><td>TRIBOROUGH BRDG &amp; TUNL AUTH
NY SPL RFDG-SER B
DATED DATE 11/02/00
BOOK ENTRY ONLY
FSA INSURED
DUE 01/01/2031 3.400 % JJ 01
RATING: MOODY AAA S&amp;P AAA</td><td>896033QS9</td><td>CASH</td><td>800,000</td><td>100.0000</td><td>800,000</td><td>4,533</td><td>27,200</td><td>3.4000</td></tr></table>

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# Your Portfolio Holdings (continued) (cont.)

## Municipal Bonds (cont.)

BEAR
STEARNS

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

CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY

Bear, Stearns Securities Corp.

GHISLAINE MAXWELL

STATEMENT PERIOD August 1, 2006

THROUGH August 31, 2006

ACCOUNT NUMBER

TAXPAYER NUMBER On File

LAST STATEMENT July 31, 2006

6 of 8

# Your Portfolio Holdings (continued)

Municipal Bonds (continued)

# Your Portfolio Holdings (continued) (cont.)

<table><tr><th>DESCRIPTION</th><th></th><th>SYMBOL/CUSIP</th><th>ACCT
TYPE</th><th>QUANTITY</th><th>PRICE</th><th>MARKET VALUE</th><th>ACCRUED
INTEREST</th><th>ESTIMATED
ANNUAL INCOME</th><th>CURRENT
YIELD (%)</th></tr><tr><td>METROPOLITAN TRANSN AUTH NY
REV RFDG-SER D-2
DATED DATE 05/30/02
BOOK ENTRY ONLY
FSA INSURED
DUE 11/01/2032 3.370%
RATING: MOODY AAA S&amp;P AAA</td><td></td><td>59259RED2</td><td>CASH</td><td>100,000</td><td>100.0000</td><td>100,000</td><td>272</td><td>3,370</td><td>3.3700</td></tr><tr><td>METROPOLITAN TRANSN AUTH NY</td><td></td><td>59259RTD6</td><td>CASH</td><td>300,000</td><td>100.0000</td><td>300,000</td><td>788</td><td>10,110</td><td>3.3700</td></tr><tr><td>GO SUB SER A-1</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>DATED DATE 06/24/04</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>BOOK ENTRY ONLY
DUE 11/01/2034 3.370%</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>RATING: MOODY AAA S&amp;P AAA</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total Municipal Bonds</td><td></td><td></td><td></td><td></td><td></td><td>$1,700,000</td><td>$8,134</td><td>$57,680</td><td></td></tr><tr><td>TOTAL FIXED INCOME</td><td></td><td></td><td></td><td></td><td></td><td>$1,700,000</td><td>$8,134</td><td>$57,680</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td colspan="4">YOUR PORTFOLIO HOLDINGS ACCRUED INTEREST</td><td></td><td></td><td>$8,134</td><td></td><td></td><td></td></tr><tr><td>YOUR PORTFOLIO HOLDINGS</td><td>ESTIMATED</td><td>ANNUAL INCOME</td><td></td><td></td><td>$172,674</td><td></td><td></td><td></td><td></td></tr><tr><td>YOUR PRICED PORTFOLIO</td><td>HOLDINGS</td><td></td><td></td><td></td><td>$14,802,215</td><td></td><td></td><td></td><td></td></tr></table>

# Your Portfolio Holdings (continued) (cont.)

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BEAR
STEARNS

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

CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY

Bear, Stearns Securities Corp.

GHISLAINE MAXWELL

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STATEMENT PERIOD August 1, 2006

THROUGH August 31, 2006

# Transaction Detail

MONEY FUND ACTIVITY

ACCOUNT NUMBER

TAXPAYER NUMBER On File

LAST STATEMENT July 31, 2006

<table><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 rowspan="7">CREDIT AMOUNT

250.36

$250.36</th></tr><tr><td>08/01/06</td><td></td><td>OPENING BALANCE</td><td></td><td>54,664.49</td><td></td><td></td></tr><tr><td>08/01/06</td><td>BOUGHT</td><td>DREYFUS CASH MANAGEMENT-CLA
INSTITUTIONAL SHARES</td><td>DICXX</td><td>1,444.28</td><td>1.0000</td><td>1,444.28</td></tr><tr><td>08/01/06</td><td>DIVIDEND</td><td>DREYFUS CASH MANAGEMENT-CLA
INSTITUTIONAL SHARES
MONTHLY DIVIDEND</td><td>DICXX</td><td></td><td></td><td></td></tr><tr><td>08/01/06</td><td>REINVEST</td><td>DREYFUS CASH MANAGEMENT-CL A
INSTITUTIONAL SHARES
DIVIDEND REINVEST</td><td>DICXX</td><td>250.36</td><td></td><td>250.36</td></tr><tr><td>08/31/06</td><td></td><td>CLOSING BALANCE</td><td></td><td>56,359.13</td><td></td><td></td></tr><tr><td>TOTAL</td><td></td><td></td><td></td><td></td><td></td><td>$-1,694.64</td></tr></table>

# Transaction Detail (cont.)

## INTEREST

<table><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><tr><td>08/01/06</td><td>METROPOLITAN TRANSN AUTH NY
G/O SUB SER A-1
DUE 11/01/2034 3.580
REG INT ON 300000 BND
REC 07/31/06 PAY 08/01/06</td><td>59259RTD6</td><td>300,000</td><td>3.5800</td><td></td><td>853.73</td></tr><tr><td>08/01/06</td><td>NEW YORK CITY NY G/O SER B-8
WKLY FLTR
DUE 08/15/2024 3.600
REG INT ON 100000 BND
REC 07/31/06 PAY 08/01/06</td><td>649660RT6</td><td>100,000</td><td>3.6000</td><td></td><td>306.33</td></tr></table>

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BEAR
STEARNS

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

CLEARED THROUGH ITS
WHOLLY OWNED SUBSIDIARY

Bear, Stearns Securities Corp.

GHISLAINE MAXWELL

STATEMENT PERIOD August 1, 2006

THROUGH August 31, 2006

ACCOUNT NUMBER

TAXPAYER NUMBER On File

LAST STATEMENT July 31, 2006

8 of 8

# Transaction Detail (continued)

INTEREST (continued)

<table><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><tr><td>08/01/06</td><td>METROPOLITAN TRANSN AUTH NY
REV RFDG-SER D-2
DUE 11/01/2032 3.580
REG INT ON 100000 BND
REC 07/31/06 PAY 08/01/06</td><td>59259RED2</td><td>100,000</td><td>3.5800</td><td></td><td>284.22</td></tr><tr><td>TOTAL</td><td></td><td></td><td></td><td></td><td></td><td>$1,444.28</td></tr></table>

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

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