<> <>  Investment Account for KENNETH L. LAY & LINDA P. LAY TEN IN COMM CYPRESS MANAGED July 25 - August 31, 2001 Current lnv!s~rIent 0b~c1Ive: Growth & Income + Moderate Message from First Union Securities PLA~.JMNG FOR A CHILDS OR GRANDCFflLDS EDUCATION? A 529 PLAN IS NOW A BETTER WAY TO RiND EDUCATION THAN EVER BEFORE. READ IIWESTORS SPECTRUM TO LEARN MORE THEN CONTACT YOUR FINANCIAL ADVISOR TO IDENTIFYThE STRATEG1ES ThAN CAN V~RK BEST FOR YOU. Pccount Statement for KENMEI1I L LAY & UNDA P. LAY I~unt~b. 1954 August 2001 Page 1 of 10 EVENO2 ~641O 244235538243 YNNNN NNNNN NNNNNNNN 0~r02 GJ 00030 ConfidentIal Treatment Requested by K & I Portfolio Summary Value on Jun.30 Value on Aug31 Total portfolio value $0.00 $2,979,239.67 Thu period Change in value $2,979,239.67 Portfolio assets Value on June 30 Value on Aug 31 Percent of total assets Cash and money market funds $0.00 $3,446.72 0.12 Stocks and optIons $0.00 $2,975,753.90 99.88 Total assets $0.00 $2,979,200.82 100% Outstanding margin balance $0.00 $39.05 Total portlollo value $0.00 $2,979,239.67  <> <>  ~count Statement for KENNETh L LAY & UNDA P. LAY 1954 NJgust 2001 Pa9e2of 10 Activity Summary Total cash and money market funds on June 30 Addition, to cash Deposits income and short term distributions Proceeds from securities sold and redeemed Other additions Total Additions to cash Subtractions from cash Checks and Other Withdrawals Securities purchased Total Subtractions from cash Total cash and money market funds on Aug 31 Money Market Summary Total money market funds on June 30 Additions to money market Subtractions from money market Total money market funds on Aug 31 This Period Year to Date $0.00 -$50.00 - $80,586.50 - $80,636.50 $3,485.77 1111111 H H 111111111111111111110111111 H III ~I II ~ GJ 00031 Confidential Treatment Requested by K & L Income Summary Use this summary to keep track of your income. If this account is subject to tax reporting, do not use this summary for tax reporting purposes; the Forms 1099 we send you during the tax season will provide tax reporting information. Money Market income * This periOd Year to date Money market dvidends $1.94 $1.94 Total Money Market income $1.94 $1.94 This Income can be either taxable or tax-exempt. $13,772.63 $1.94 $70,308.65 $39.05 $84,122.27 $13,772.63 $1.94 $70,308.65 $39.05 $84,122.27 - $50.00 - $80,586.50 - $80,636.50 $0.00 $13,213.57 $9,766.85 $3,446.72  <> <>  Portfolio Assets keount Statement br KENNETh L LAY & UNDAP. LAY 1954 August 2001 Page 3 of 10 Cash and money market funds Est current Descnption Current market value Est. ann. Income yield(%) EVERGREEN CAT MONEY $3446.72 S98.92 2.87 MARKET PORTFOLIO Interest Period 07/16101 - 08115/01 Total cash and money market funds $3~44G.72 Outstanding margin balance $39.05 Stocks and options Stocks Description Symbol ABBOTT LABORATORIES ABT AMER HOME PRODUCTS CORP AHP AMERICAN EXPRESS COMPANY AXP AMERICAN INTL GROUP INC AIG ANADARKO PETROLEUM CORP APO ANALOG DEVICES INC AOL TIME WARNER INC AOL APPLIED MATERIALS INC AMAT BN'~KOFNEWYORKINC BK BERKSHIRE HATHAWAY INC BRKIB CLASS B BMC SOFTWARE INC BMC BURLINGTON RESOURCES INC BR CISCO SYSTEMS INC CSCO Curreni Current Est. ann. Est. ann. I of shares share p11cc market value Income ~1eId (%) 500 $49.7000 $24,850.00 $420.00 1.89 1,250 $560000 $70,000.00 $1,150.00 1.64 750 $364200 $27,315.00 $240.00 0,87 2,068 $782000 $161,717.60 $347.42 0.21 900 $51.7500 $46,575.00 $180.00 038 1,400 $478700 $67,018.00 N/A N/A 2,100 $37.3500 $78,435.00 N/A N/A 1,100 $430900 $47,399.00 N/A N/A 2,000 $397000 $79,400.00 $1,440.00 1.81 24 $2,312.0000 $55,488.00 N/A N/A E\~ENO2 ~t841O 244235538243 YNNNN NNNNN NNNNNNNN 0(XX)03 1,100 $16.0000 $17,600.00 N/A N/A 1,400 $380000 $53,200.00 $770.00 1.44 3,000 $1 6.3300 848,990.00 N/A N/A GJ 00032 Confidential Treatment Requested by K & L  <> <>  ~count Statement for KENNETh L LAY & Page 4 of 10 UNDAP. LAY 1g54 tuigust 2001 Stocks and options Stocks (continued) Current Current Est. ann. Esi. ann. Description Symbol I of shares snare puce market value Income ~lekt (%) CITIGROIJP INC C 2,266 $458000 $103,782.80 $1,450.24 1.39 COCA-COLACOMPANY KO 1,200 $486700 $58,404.00 $864.00 1.47 COSTCOWHSLCORPNEW COST 1000 $374100 $37,410.00 N/A N/A CON DELL COMPUTER CORP DELL 1,700 $213800 $36,346.00 N/A N/A DISNEY WALT COMPANY 018 2,000 $25.4300 $50,860.00 $420.00 0.82 ELI LILLY & CO LLY 400 $776300 $31,052.00 $448.00 1.44 FANNIEMAE FNM 600 $762100 $38,105.00 $600.00 1.57 ASSN GENERAL ELECTRIC COMP GE 2,400 $409800 $98,352.00 $1,536.00 1.56 GLOBAL CROSSING LTD OX 1,000 $42300 $4,230.00 N/A N/A HONEYWELL INTERNATIONAL HON 1,250 $372600 $46 575.00 $937.50 2.01 INC INTEL CORP INIC 1,400 $27.9800 $39,144.00 $112.00 0.28 INTERNATIONAL BUSINESS IBM 1,000 $999500 $99 950.00 $560.00 0.56 MACHINE CORP JOHNSON &JONNSON JNJ 2,000 $52.7100 $105,420.00 $1,440.00 1.36 LINEARTECHNOLOGYCORP LLTC 1,000 $410800 $41,080.00 $160.00 0.38 LUCENT TECHNOLOGIES INC LU 3,000 $68200 $20,460.00 N/A N/A MEDTRONIC INC MOT 1,000 $456400 $45,540.00 $230.00 0.50 MELLON FINANCIAL CORP MEL 1,250 $35.2500 $44,062.50 $1,200.00 2.72 MERCK&COINC MRK 900 $65.1000 $58,590.00 31,260.00 2.15 MERRILL LYNCH &CO INC MER 1,000 $516000 $51,500.00 $640.00 1.24 MICROSOFT CORP MSFT 1,100 $570500 $62,755.00 N/A N/A GJ 00033 111111111 u lIt Ill III~ liii lIl~l 1111111 ~I I I I Confidential Treatment Requested by K & I  <> <>  tvxount Statement tor KENNETh 1. LAY & Page 5 of 10 LINDA P. LAY 1954 AUgust 2001 Stocks and options Stocks (continued) Current Current E5t. ann. Eat. ann. Description Symbol I of shares share price market value Income yield (%) MOLEXINCCLA MOLXA 2,500 $263200 $65,800.00 $250.00 0.37 MORGAN STANLEY DEAN MWD 1000 $533500 $53,350.00 $920.00 1.72 ~1TTER & CO NOKIA CORP SPONSORED NOK 2,300 $157400 $38,202.00 $485.30 1.34 ADR PEPSICO INCORPORATED PEP 2,200 $470000 $103,400.00 $1,276.00 1.23 PFIZER INCORPORATED PFE 4,700 $38.3100 $180,057.00 $2,068.00 1.14 PROCTER&GAMBLECO PG 800 $74.1500 $59,320.00 $1,216.00 2.04 ROYAL DUTCH PETE CO RD 1,000 $566300 $58,630.00 $1,288.00 2.27 NY REGISTRY SH PAR N OLDA 1.25 SBCCOMMUNICATIONSCORP SBC 1,100 $409100 $45,001.00 $1,127.50 2.50 INC SCHERING PLOUGI-t CORP SOP 1,000 $381300 $38,130.00 $640.00 1.67 SONY CORP ADR NEW SNE 700 $449000 $31,430.00 $126.00 0.40 TARGETCORP TOT 1,800 $34.6500 $62,370.00 $396.00 0.63 TEXACO INCORPORATED TX 1,100 $69.6500 $76,615.00 $1,980.00 2.58 TEXAS INSTRUMENTS INC TXN 2,400 $33.1000 $79,440.00 $204.00 0.25 VERIZON COMMUNICATIONS VZ 900 $50.0000 $45,000.00 $1,386.00 3.08 COM VIACOM INC V1AJB 1,700 $424000 $72,080.00 N/A N/A CL B COMMON WALMART STORES INC WMT 1,100 $48.0500 $52,855.00 $308.00 0.58 XILINXINC XLNX 1700 $390400 $66,368.00 N/A N/A Total Stocks $2,975,753.90 $30,075.98 1.01 Total Stocks and options $2,975,753.90 $30,075.96 1.01 EVENO2 ~841O244235538243 ThNHNNNNNNNNNNNNNN O~O4 GJ 00034 Confidential Treatment Requested by K & L