<> <>  UBS PaineWebber Resource Management Account Account Number — Cl F740010849-Xle 4827255- 000002 Your FInancial AdvIsor RATHJEN,ROBERT C. 713-957-7000 EENNETH LAY LINDA LAY TEN TCW MANAGED Activity highli2hts Current period Year-to-date Deposits $ .00 $ 102.71 Securities transferred in (valued at time of transfer) .00 18,125.05 Securities transferred out (valued at time of transfer) .00 -18,301.77 Net change from activity listed above .00 $ -74.01 Portfolio summary Current period Year-to-date Opening value $ 648,704.03 $ 751,200.64 Net change from Activity Highlights .00 -74.01 Net security earnings 134.99 850.06 Change in value of Investments -23,073.23 -128.210.90 Value on July 31 $ 623,765.79 $ 623~765.79 Asset summary Refer to the disclosure on the back of the first page for information on assets exch,ded (mm this summary. % of portfolio Value Equities 95.85 597,918.70 Money funds 4.15 25,847.09 Net Invested assets 100.00 $ 623,765.79 Value on July31 $ 623,765.79 TX -- Account Instructions Statement copies are sent to 2 Interested parties. Bulletin Board NEED TO FUND AN EDUCATION? THE NEW TAX LAW HAS NOW MADE 529 COLLEGE SAVINGS PLANS MORE ATTRACTIVE. READ INVESTMENT INTELLIGENCE FOR DETAILS AND CONTACT YOUR FINANCIAL ADVISOR. RESOIJRCEL1NE 1-800-RMA-1000: ACCOUNT 4:068080271 VISIT OUR WEB SITE AT WWW.UBSPAINEWEBBER.COM. July 2001 UBS PAINEWEBBER INC. 109 NORTH POST OAK LANE SUITE 150 HOUSTON, TX 77024 EZ40010849-X18 ~i70l- HM- Value on June 29 Value on July 31 Money funds in 07/31 value Page lof 6 $ 646,704.03 $ 623,765.79 $ 25,847.09 H -----I. C) 0 z '1 C xrn cmz mr- Return objective: Current Income & capital appreciation Risk profile: Primary: Moderate Secondarr None Se Julyol/_ Cl  <> <>  Account Number - Cl Page 2 of 8 Your Financial Advisor RAThJEN,ROBERT C. 713-957-7000 85.90 49.00 $ 134.99 845.50 Total current year security earnings $ 134.99 $ 845.50 Prior year(s) adjustments .oo 4.56 Net security earnings $ 134.99 $ 850.06 EZ4GOIO8SO-X16 4827255- 000003 Asset portfolio When avafable, prices, Income and current values may be approximate and thus gainsflosses may not be accurately reflected. Refer to the disclosure on the back of the first page. An asterisk ~*) Indicates a change In the original transaction data from the prior month or the display of new data input at your branch office. GaIns'Iosses are not calculated for zero coupon investments. Equities July 2001 UBS PaineWebber Resource Management Account5 Taxable UBS Paine Webber Money fund dividends Other dividends Prior month(s) adjustments Total taxable securftv aarnlnna H $ .09 185 Common stock Eat, annual Income' Trade Shares Unrealized Total shares Descrjllon Price Current value Current yIeld date purchased Purchase price Cost basis (3aiMoss 83.250 15,401.25 31 I .20% 06/30/00 185.000 80.780 14,944 457 C) 0 z -n C)rnz ~rnr- o,m~ -l rn z —I AMER INTL GROUP INC SYMBOL: AIG EXCHANGE: NYSE 430 AMGEN INC 62.710 26,965.30 06130/00 430.000 68.310 29,373 -2,407 SYMBOL: AMGN EXCHANGE: OTC - 435 APPLIED MATERIALS INC 45.860 19,949.10 06/30/00 385.000 91.060 35,058 -17,401 SYMBOL: AMAT EXCHANGE: OTC 01/24/01 50.000 49.250 2,462 -169 350 BIOGEN INC 56.690 19,841.50 11/21/00 50.000 54.190 2,709 125 SYMBOL: BGEN EXCHANGE: OTC 11/22/00 300.000 54.670 16,401 606 615 CISCOSYS INC 19.220 11,820.30 06/30/00 615.000 61.810 38,013 -26.192 SYMBOL: CSCO EXCHANGE: OTC 1,180 DELL COMPUTER CORP 26.930 31,777.40 06/30/00 1,180.000 49.250 58.115 -26,337 SYMBOL: DELL EXCHANGE: OTC 520 GENENTECH INC 42.300 21,996.00 06/30/00 220.000 79.530 17.496 -8,190 SYMBOL: DNA EXCHANGE: NYSE 08/01/00 100.000 78.220 7,822 -3,592 Continued on page 3 JuIyOl/_ Cl  <> <>  July 2001 Account Number I~ Ci Your Financial Advisor RATHJEN,ROBERT C. 713-957-7000 Page 3o1 6 UBS PaineWebber Resource Management Account H EZ40010851-X16 Common stock - continued Eat. annual Income.' Trade Shares Unrealized Total shams Descrq~,tion Price Current value Current yield date ptsvhased Pu,vhase price Cost basis GalMoss 4827255- 000004 rn H ~T1 00 C) 0 z 11 ømz 09/11/00 100.000 83.650 8,365 -4,135 01/24/01 100.000 59.750 5,975 -1,745 300 GENLELECTRICCO 43.500 13,050.00 192 I 1.47% 09/08/00 100.000 59.150 5,915 -1,565 SYMBOL: GE EXCHANGE: NYSE 09/11/00 200.000 59.590 11,918 -3,218 540 HOME DEPOT INC 50.370 27,199.80 86 / .32% 06/30/00 540.000 48490 26,184 1,015 SYMBOL: MD EXCHANGE: NYSE 600 INTELCORP 29.810 17,886.00 48 I .27% 06/30/00 600.000 65.440 39,264 -21,378 SYMBOL: INTC EXCHANGE: OTC 150 JUNIPER NETWORKS INC 25.690 3,853.50 03/02/01 150.000 57.687 8,653 -4.799 SYMBOL: JNPR EXCHANGE: OTC 650 MAXIM INTEGRATED PRODS INC 46.170 30,010.50 06/30/00 650.000 67.880 44,122 -14,111 SYMBOL: MXIM EXCHANGE: OTC 440 MICROSOFTCORP 66.190 29,123.60 06/30/00 290.000 78.000 22,620 -3,424 SYMBOL: MSFT EXCHANGE: OTC 09/11/00 100.000 69.150 6,915 -296 01/24/01 50.000 62.812 3,140 169 800 NETWORK APPLIANCE INC 12.480 9,984.00 10/23/00 50.000 110.090 5,504 -4.880 SYMBOL: NTAP EXCHANGE: OTC 10/23/00 50.000 126.210 6.310 -5.686 10/23/00 50.000 138.480 6,924 -6,300 01/24/01 300.000 59.625 17,887 -14,143 02/15/01 150.000 47.158 7.073 -5,201 03/02/01 200.000 28.625 5.725 -3,229 585 PAYCHEX INC 39.300 22,990.50 211 / .92 % 06/30/00 585.000 40.380 23.622 -631 SYMBOL: PAYX EXCHANGE: OTC 485 PFIZER INC 41.220 19,991.70 213 / 1.07% 06/30/00 485.000 46.490 22,547 -2,555 SYMBOL: PFE EXCHANGE: NYSE 700 PROGRESSIVE CORP OHIO 134.810 94,367.00 196 I .21 % 08/28/00 200.000 73.940 14,788 12,174 SYMBOL: PGR EXCHANGE: NYSE 08/28/00 200.000 74.370 14,874 12,088 08/28/00 200.000 76.050 15,210 11,752 09/01/00 100.000 75.270 7,527 5,954 530 PROVIDIAN FINANCIAL CORP 49.370 26,166.10 64 / .24% 06/30/00 530.000 45.530 24,130 2,036 SYMBOL: PVN EXCHANGE: NYSE 450 OUALCOMM INC 63.230 28,453.50 01/17/01 100.000 78.350 7,835 -1,512 SYMBOL: OCOM EXCHANGE: OTC 01/18/01 100.000 81.130 8,113 -1,790 01/19/01 50.000 82.530 4,126 -964 JuIyOl/ Cl Continued on page 4