Subsidiary Financials

Bear, Stearns & Co. Inc.

• November 30, 2007 Consolidated Statement of Financial Condition (141K)
• November 30, 2006 Consolidated Statement of Financial Condition (176K)
• November 30, 2005 Consolidated Statement of Financial Condition (91K)
• November 30, 2004 Consolidated Statement of Financial Condition (101K)
• November 30, 2003 Consolidated Statement of Financial Condition (278K)
• November 30, 2002 Consolidated Statement of Financial Condition (397K)
• November 30, 2001 Consolidated Statement of Financial Condition (79K)

Bear, Stearns Securities Corp.

• November 30, 2007 Statement of Financial Condition (252K)
• May 31, 2007 Statement of Financial Condition (98K)
• November 30, 2006 Statement of Financial Condition (82K)
• May 31, 2006 Statement of Financial Condition (82K)
• November 30, 2005 Statement of Financial Condition (70K)
• May 31, 2005 Statement of Financial Condition (52K)
• November 30, 2004 Statement of Financial Condition (50K)
• May 31, 2004 Statement of Financial Condition (49K)
• November 30, 2003 Statement of Financial Condition (216K)
• May 31, 2003 Statement of Financial Condition (468K)
• November 30, 2002 Statement of Financial Condition (475K)
• May 31, 2002 Statement of Financial Condition (453K)
• November 30, 2001 Statement of Financial Condition (65K)
• May 25, 2001 Statement of Financial Condition (388K)