Dupi it Summar Augu~ }ust 31,2001 Your Flnauciw i~avwur: ROCKY EMERY EMERY FiNANCIAL GROUP OF FIRST 1R~ION SECURITIES, INC 909 FANNIN STE 2100 HOUSTON, TX 77010 713-853-2401 / 866-753-9556 The original account summary was sent to KENNETH LIAY& UNDA P LAY TEN IN COMM —~ ~- CPJ~ROCK CAPITAL ADVISORS HOUSTON TX 77019 At a Glance IfWu ha~ rrore than one a~,untwith us,~ —~ ~ Con~ctYourFinanciaI Advisor today. ~ —~ C\1 ~ C/) ~ ACCOUntS Ac : ~. _______ —: CD u~ N. Investment Account 5 ~ Total I~J~ FIrSt Un~n Se Merrter N~E/SJP (FCC), Memb~ 043483 244235538244 ThNNN NNNNN NNNNNNNN 0(XXJO1 <> <> 22~06 Regulatory Disclosure Estimated portfolio values Your portfolio value is an estimate. The prices First Cleating Corporation uses to value certain securities ate prowded by outside services and do not always represent the exact market prica. Pricing method Prices for listed and NASDAQ securities are as of the close of business on the lest day of the period. Corporate and municipal bond; and other fixed income securities are pc/cod by a computerized pricing service or, tor less actively traded securities, by utilizing a yield-based matrix system to arrive at an estimated market value. For current prices, call Your Financial Advisor. Effective September 30.2001 long-term certificates of deposit wit f be priced using a market value pricing model. The price shown may be different than the price received lIthe CD is held to maturity. SIPC protection Coverage for cash and securities in protected client accounts is prowded from two sources. The Securities Investor Protection Corporation (SIPC) protects up to $500,000, of which $100000 may be cash. First Union has obtained eddilional protection, at no cost to you, for the remaining net equity balance, it any, of the cash and securities in your account;. This coverage does riot protect against losses from any change in market values of investments. Margin account if you have a margin eccount, this is a combined statement of your general account and the Special Memorandum Account maintained for you under Section 220.6 of Regulation 1, issued by the Board of Governors of the Federal Reserve system. The permanent record of the separate account Is available br your inspection. Option Information Inlormation on commissions and other charges associaled with option transactions has been sent to you separately in transaction confirmations. Copies are available upon request. Financial statements Twice a year, First Clearing Corporation will update and have available, on-line, a statement of the firm's financIal condItIon at www.1IrstclearlngCOrp.COm. The most recent printed statement Is available upon request. Free credit balance Free credit balances and fully-paid securities are available to clients upon request. Free credit balances are not segregated and may be used by the firm, bul only to the extent permitted by federal regulations (Rule 15c3 on customer protection). Tax reporting If you are subject to 1099 reporting, we Will provide you with any applicable 1099 terms. Cost basis and unrealized gain/loss are provided for Informational purposes or~y and should not be used br tax preparation without assistance from your tax advisor. In addition, separate purchases of the same security may have been combined. To update your cost data or provide costs that ate missing, contact Your Financial Advisor. Questions about your statement If you do not object to the ~tIormatIon reported on this statement within 10 days, we consider It conclusive. inquiries concerning the positions and balances in your account may be directed to: FCC C~ent Services Department, P.O. Box 6500, Glen Ailen, VA 23608. All other inquiries regarding your account or the activities therein should be directed to the Branch Manager for the otflce listed on the front of this statement. IIII~ 1 ~I 111111 III I 1111111111111111111111111 Il~II I GJ 04053 Confidential Treatment Requested by K & L FInancIal sItuatIon You must inform Your Financial Advisor promptly of any material change in your investment o~ec1ive or financial situation so that they can meet your needs. <> <> 22.507 Investment Account for KENNETH L LAY & LINDA P LAY TEN IN COMM CAPROCK CAPITAL ADVISORS July25 -August31, 2001 Curient Investment Ob~ctlve Growth & Income + Moderate ~~ccount Statement for KENNETH I LAY & UNDAP LAY 4330 AlJQtJst 2001 Page 1 of 8 Message from First Union Securities PLANNiNG FOR A CHLDS OR ~ANDCHIWS EDUCATiON? A 529 PLAN IS NOW A BEHER WAY TO FUND EDUCATION THAN EVER BEFORE. READ It~NESTORS SPECTRUM TO LEARN MORE THEN CONTACT YOUR FINANCIAL ADVISOR TO IDENTIFY Ti-fE STRATEGIES THAN CAN W)RI( BEST FOR YOU. Cash and money market funds Stocks and optIons Total assets Total portfolio value Value on June 30 $0.00 $0.00 $0.00 $0.00 Value on Aug31 Percent of total assets $196,006.88 28.17 $499,702.10 71.83 $695,708.96 100% $695,708.96 COO ce 043483 244235538244 YNNNN NNNNN NNNNNNNN 0CQJ02 GJ 04054 Confidential Treatment Requesf~~ by K & I Portfolio Summary Value on June30 Value on Aug31 Total portfolio value $0.00 $695,708.96 This period Change in value $695,708.96 Portfolio assets <> <> 22.SOG Pccount Statement for KENNETh I LAY & UNDAP LAY 4330 August 2001 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 Total Additions to cash Subtractions from cash Other subtractions Total Subtractions from cash Total cash and money market funds on Aug 31 Money Market Summary $0.00 $198,284.52 - $384.22 $195,900.30 Page 2 of 8 (11111111111111 HI 1111111111111(1111 III fill 11tH Iii GJ 04055 Confidential Treatment Reques~0~ 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 sand you during the tax season will provide tax reporting Information. Money Market Income This period Year to date Money market c~vIdends $31.32 $31.32 Total Money Market income $31.32 $31.32 This income can be either taxable or tax-exempt. This Period $0.00 Year to Date $136,404.79 $31.32 $60,335.47 $196,771.58 $136,404.79 $31.32 $60,335.47 $196,771.58 - $76472 - $764.72 $196,006.86 • $764.72 - $764.72 Total money market funds on June 30 Additions to money market Subtractions from money market Total money market funds on Aug 31 <> <> 22,509 Portf ollo Assets ftcount Statement for KENNETh I LAY & LINDAP LAY 4330 August 2001 Cash and money market funds Esi currgnt Description Current market value Eat. ann. income yield(%) Cash $106.56 EVE ROREEN CRT MONEY $195,900.30 $5,622.33 2.87 MARKET PORTFOLIO Interest PerIod 07/16/01 - 08/15/01 Total cash and money market funds $196,006.86 Stocks and options Stocks . . Current Current Est. ann. Sal. ann, Descr?pIIon , Symbol # of shares share pdce market value Income yield (%) AMERICAN INTL GROUP INC AIG 450 $782000 $35,190.00 $75.60 0.21 ANADARKO PETROLEUM CORP APC 250 $5 1.7500 $12,927.50 $50.00 0.38 AOL TIME WARNER INC AOL 700 . $37.3500 $26,145.00 N/A N/A AVOCENT CORPORATION AVCT 400 $205100 $8,204.00 N/A N/A CARDINAL HEALTH INC CAH 195 $72.9400 $14,223.30 $19.50 0.13 CELESTICA INC CLS 250 $364000 $9,100.00 N/A N/A SUB VTG SHS CHARTER COMMUNICATIONS CHTR 500 $20.2000 $10,100.00 N/A N/A INC CITIGROUP INC C 366 $458000 $16,762.80 $234.24 1.39 COMCASTCORPCL.ASPL CMCSK 1300 $38.8300 $47,819.00 N/A N/A COX COMMUNICATION INC COX 600 $397600 $23 856.00 N/A N/A CLA NEW EMCCORPMASS EMC 300 S15.4600 $4,638.00 N/A N/A EL PASO CORPORATION EPO 250 $485900 $17,006.50 $297.50 1.74 000 ~ 043483 244235538244 'r'NNNN NNNN?4 NNt4NNNNN 003 GJ 04056 Confidential Treatment Reques~~~ by K & L Page 3 of 8 <> <>