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Home My WebLink About2005-10-121 ,1 MINUTES OF FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE MEETING Orange County Sanitation District Wednesday, October 12, 2005, 5:00 p.m. A meeting of the Finance, Administration and Human Resources Committee of the Orange County Sanitation District was held on October 12, 2005, at 5:00 p.m., in the Sanitation District's Administrative Office. (1) The roll was called and a quorum declared present, as follows: FAHR COMMITTEE MEMBERS: DIRECTORS PRESENT: Darryl Miller, Chair Mike Duvall, Vice Chair Rich Freschi Phil Luebben Joy Neugebauer James W. Silva Mark Waldman DIRECTORS ABSENT: Steve Anderson, Board Chair Bill Dalton Jim Ferryman, Vice Board Chair STAFF PRESENT: Blake Anderson, General Manager Bob Ghirelli, Director of Technical Services Lisa Tomko, Director of Human Resources Lorenzo Tyner, Director of Financen-reasurer Lilia Kovac, Committee Secretary Jim Matte Sonja Morgan Jeff Reed Mike White OTHERS PRESENT: Brad Hogin, General Counsel Bob Lockhart, Revenue Enhancement Group Norbert Gaia Bob Geggie Juanita Skillman FILED (2) APPOINTMENT OF CHAiR PRO TEM IN THE OFFICE OF THE SECRETARY ORANGF ,..,.., ... -. "'"T~1'1""' OISTRICT No appointment was necessary. OCT 2 6 2005 (3) PUBLIC COMMENTS By !K. _ _...L.t_ _______ _ There were no public comments (4) REPORT OF THE COMMITTEE CHAIR Chair Miller reported that he had met with the Director of Finance, Lorenzo Tyner, and Mike White, Controller, to review the agenda items as his introduction as Chair to the committee issues. Chair Miller and Director Luebben will participate in the internal audit subcommittee in the interview and selection process. (5) REPORT OF THE GENERAL MANAGER Blake Anderson, General Manager, announced there would be a meeting on the GWRS project for elected officials on October 14 at 11 :30 AM at the Orange County Water District. The Orange Minutes of the Finance, Administration and Human Resources Committee Meeting Page2 October 12, 2005 County Public Infrastructure report card will be rolled out on October 21 st• The General Manager also advised that the Sanitation District's federal and state legislative consultants would be attending the October 26th Steering Committee and Board Meeting to discuss the legislative agenda for 2006 and review activity in 2005. A tour of the section of Santa Ana River Interceptor (SARI) line that was repaired last winter is scheduled for October 2?1h_ The state and federal legislative consultants will be attending the tour, as well as members of congressional staff, and members of the Sanitation District legislative committee. (6) REPORT OF DIRECTOR OF FINANCE/TREASURER Lorenzo Tyner, Director of Finance, informed the Committee members that after having met with Committee Chair Miller he would like to recommend some improvements to the monthly Treasurer's Report, and that the report be approved the following month giving Board members an opportunity to fully review the contents of the report. A motion was made, seconded, and duly carried: Receive the report on a quarterly basis with variances highlighted to the committee members. As requested by the FAHR Committee, staff will submit a report on the air travel booking and payment process as covered by the blanket purchase order to American Airlines Travel Card Program, a travel payment system that is accepted by almost every air carrier in the world. Included within this report will be a summary of all payments made by the District for air travel incurred by staff during the first quarter ended September 30, 2005. (7) REPORT OF DIRECTOR OF HUMAN RESOURCES Lisa Tomko, Director of Human Resources, reported updates to the employment status report, identifying positions currently open at OCSD as requested by the Directors during the September FAHR Committee meeting. Ms. Tomko introduced Jim Matte, Safety and Health Supervisor, to present the Workers' Compensation report to the Directors. The request in the previous FAHR Committee meeting was that the Workers' Compensation administrative costs be identified in a follow up report. Once identified, Director Duvall expressed further interest in the administrative costs, and asked for more detailed information to be presented at the November meeting. (8) REPORT OF DIRECTOR OF PUBLIC AFFAIRS Bob Ghirelli, Acting Director of Public Affairs, had no report. (9) REPORT OF GENERAL COUNSEL Brad Hogin, General Counsel, reported that the contractor and its insurance company has agreed to defend the Sanitation District on the Andino lawsuit, which claims property damage to homes on the Bushard project. The contractor has not agreed to indemnify the District to pay any damages on Minutes of the Finance, Administration and Human Resources Committee Meeting Page3 October 12, 2005 behalf of the Sanitation District, should it be found responsible. Directors strongly advised Staff to revise the Sanitation District's indemnification clause to protect the Sanitation District from similar situations. Chair Miller will continue discussions with the General Manager to review methodology of contract conditions that indemnify the Sanitation District against any claims caused by a contractor. (10) CONSENT CALENDAR ITEMS a. Approve minutes of the September 14, 2005, Finance, Administration and Human Resources Committee meeting. b. FAHR05-80 Recommend to the Board of Directors to receive and file Treasurer's Report for the month of September 2005. Staff researched and found the government requirements to distribute within 30 days was repealed. The Treasurer's Report was distributed at the FAHR committee meeting. However, it will be received and filed at the next committee meeting. The Directors acknowledged that this monthly report does not offer readily-visible contents, and suggested quarterly updates with activity highlights is preferred. c. FAHR0S-81 Receive and file Certificates of Participation (COP) Monthly Report. d. FAHR0S-82 Receive and file Employment Status Report as of September 20, 2005. e. FAHR05-83 Receive and file OSHA Incidence Rates and Workers' Compensation Claims and Costs Report. f. FAHR05-84 Approve Revisions to SAFETY-POL-115, Backflow Prevention Program Policy and SAFETY-POL-202, Accident Investigation Program as provided for in Resolution No. OCSD 02-5 regarding the Sanitation District's Injury and Illness Prevention Program. MOTION: It was moved, seconded and duly carried to approve the recommended actions for items specified as 1 0(a) through (f) under Consent Calendar. Directors requested that Staff provide detail report on Worker's Compensation Administration costs, Item 10(e). FAHR05-83. END OF CONSENT CALENDAR (11) ACTION ITEMS a. FAHR05-85 Recommend to the Board of Directors to Adopt Resolution No. OCSD05-25 approving the National Incident Management System for use Minutes of the Finance, Administration and Human Resources Committee Meeting Page 4 October 12, 2005 MOTION: at the Orange County Sanitation District during emergencies. Jim Matte, Safety and Health Supervisor, advised the Committee that the resolution standardizes the structure to communicate with other agencies, and adoption of this resolution is a requirement to qualify for federal funding in the case of a disaster. He also advised that the Sanitation District has most of these practices already in place and there are no additional costs involved in adopting this resolution. It was moved, seconded and duly carried to recommend approval to the Board of Directors. b. FAHR05-86 Recommend to the Board to Directors to: (1) approve the results of the non-residential parcel review project; (2) to direct staff to use the corrected database on a "going-forward" basis; and, (3) provide direction to staff on the collection of past charges. MOTION: Bob Lockhart, CEO Revenue Enhancement Group addressed the Committee with a concern over the disparity of fees undercharging high- volume users. He referred to the possibility of the Sanitation District being responsible for gifting of public funds if fees were not collected based on proper square footage. General Counsel Brad Hogin advised that the Sanitation District would not be issuing a specific group special rate, but is handled as general interest General Counsel advised that this would not be a gift of public funds as the Sanitation District would not be issuing specific group rates. General Counsel also stated that the proposal not to pursue past under charges would not result in a gift of public funds if the expense and effort to collect past undercharges exceeded the anticipated revenue. It was moved, seconded and duly carried to recommend approval to the Board of Directors. Directors instructed Staff to refrain from pursuing collection of past underpayments due to the expense and effort that would be involved in the collection process. The Directors requested that Staff submit a report of the 10-15% of larger business that fit in the high-volume users, with a proposed plan to capture the applicable fees due. (12) INFORMATIONAL PRESENTATIONS a. FAHR05-87 Public Affairs Strategic Plan FY 2005/06 Update Bob Ghirelli, Acting Director of Public Affairs, referred to the quarterly report included in the agenda report. Mr. Ghirelli announced that the Groundwater Replenishment System received the Governor's Environmental Economic Leadership award, which is the highest environmental honor that can be given by the State of California and will Minutes of the Finance, Administration and Human Resources Committee Meeting Pages October 12, 2005 be presented to the Sanitation District and the Water District at a special ceremony on November 22nd in Sacramento. A cruise on the Sanitation District's ship Narissa is scheduled for Saturday, December 10th to demonstrate fish trolling, mud sampling, and typical lab tests. The ship will comfortably accommodate six to eight passengers, and Directors may contact the General Manager's office to sign up for this cruise. (13) CLOSED SESSION There was no closed session. (14) OTHER BUSINESS, COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IF ANY There were none. (15) MATTERS WHICH A DIRECTOR MAY WISH TO PLACE ON A FUTURE AGENDA FOR ACTION AND STAFF REPORT There were none. (16) CONSIDERATION OF UPCOMING MEETINGS The next FAHR Committee meeting is scheduled for November 9, 2005 at 5 p.m. (17) ADJOURNMENT The Chair declared the meeting adjourned at 6:40 p.m. Submitted by: ~~ lliiaKovac FAHR Committee Secretary H:\dept\agenda\FAHR\FAHR2005\1005\101205 Draft FAHR Minutes.doc ROLL CALL FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE Meeting Date: September 12, 2005 Time: 5:00 p.m. Adjourn: ___ _ COMMITTEE MEMBERS Darryl Miller (Chair) Mike Duvall (Vice Chair) Bill Dalton Richard Freschi Phil Luebben Joy Neuqebauer James W. Silva Mark Waldman Steve Anderson (Board Chair) Jim Ferryman (Board Vice Chair) OTHERS I Brad Hagin, General Counsel I I STAFF Blake Anderson, General Manaqer Bob Ghirelli, Actinq Director of Public Affairs David Ludwin, Director of Enqineerina Jim Herberg, Director of O & M Lisa Tomko, Director of Human Resources Patrick Miles, Director of Information Technoloav Robert Ghirelli, Director of Technical Services Nick Arhontes, Director of Regional Assets & Services Lorenzo Tyner, Director of Financerrreasurer Lilia Kovac, Committee Secretary c: Lenora Crane AGENDA REGULAR MEETING OF THE FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE ORANGE COUNTY SANITATION DISTRICT WEDNESDAY, OCTOBER 12, 2005, AT 5:00 P.M. ADMINISTRATIVE OFFICE 10844 Ellis Avenue Fountain Valley, California 92708 www.ocsd.com (1) ROLL CALL (2) APPOINTMENT OF CHAIR PRO TEM, IF NECESSARY (3) PUBLIC COMMENTS (4) REPORT OF COMMITTEE CHAIR (5) REPORT OF GENERAL MANAGER (6) REPORT OF DIRECTOR OF FINANCE (7) REPORT OF DIRECTOR OF HUMAN RESOURCES (8) REPORT OF DIRECTOR OF PUBLIC AFFAIRS (9) REPORT OF GENERAL COUNSEL (10) CONSENT CALENDAR ITEMS Consideration of motion to approve all agenda items appearing on the Consent Calendar not specifically removed from same, as follows: a. Approve minutes of the September 14, 2005, Finance, Administration and Human Resources Committee meeting. Book Page I October 12, 2005 b. FAHR05-80 Recommend to the Board of Directors to receive and file Treasurer's Report tor the month of September 2005. The Treasurer's Report will be distributed at the FAHR Committee meeting in accordance with the Board-approved Investment Policy, and in conformance to the Government Code requirement to have monthly reports reviewed within 30 days of month end. c. FAHR05-81 Receive and file Certificates of Participation (COP) Monthly Report. (Book Page 13) d. FAHR05-82 Receive and file Employment Status Report as of September 20, 2005. (Book Page 23) e. FAHR05-83 Receive and file OSHA Incidence Rates and Workers' Compensation Claims and Costs Report. (Book Page 25) f. FAHR05-84 Approve Revisions to SAFETY-POL-115, Backflow Prevention Program Policy and SAFETY-POL-202, Accident Investigation Program as provided for in Resolution No. OCSD 05-XX regarding the Sanitation District's Injury and Illness Prevention Program. (Book Page 31) END OF CONSENT CALENDAR Consideration of items deleted from Consent Calendar, if any. (11) ACTION ITEMS a. FAHR05-85 Recommend to the Board of Directors to Adopt Resolution No. OCSD-05-XX approving the National Incident Management System for use at the Orange County Sanitation District during emergencies. (Book Page 57) (Jim Matte - 1 O minutes) b. FAHR05-86 Results of Non-Residential Parcel Review Project Recommend to the Board to Directors to: (1) approve the results of the non- residential parcel review project; and, (2) to direct staff to use the corrected database on a "going-forward" basis; and, (3) provide direction to staff on the collection of past charges. (Book Page 61) (Mike White -15 minutes) (12) INFORMATI ONAL PRESENTATIONS a. FAHR05-87 Public Affairs Strategic Plan FY 2005/06 Update (Book Page 75) (Bob Ghirelli - 1 O minutes) (13) CLOSED SESSION 2 Book Page 2 October 12, 2005 1••n• .. ••• .. •••·• .. •• ............ ...,,n~••an•• .. •• .... -,n•o•~•••• .. ••••·•• .. •••••••••..,•t•••H . ••• ,•• .. '"""""''-''"'',._, • .,... •. ._. ........ ...,,, _Hoouoo.o.,,,,,,n,,,,, '••• .. •••• ,_...,,,,,.._,.._.•••••••••••••._••••-•••••uono•• .... • .. H0,..00 .. •••..,u-•u.' noouu, • , ... 01, i D'uring the course of cdridueting the business set forth on this agenda as a regular meeting of the Committee, : j the Chair may convene the Committee in closed session to consider matters of pending real estate negotiations, j ! pending or potential litigation, or personnel matters, pursuant to Government Code Sections 54956.8, 54956.9, j I 54957 or 54957.6, as noted. l ' t ' l ! Reports relating to (a) purchase and sale of real property; (b) matters of pending or potential litigation; (c) l i employee actions or negotiations with employee representatives; or which are exempt from public disclosure \ 1 under the California Public Records Act, may be reviewed by the Committee during a permittetl closed session r i and are not available for public inspection. At such time as final actions are taken by the Committee on any of I j these subjects, the minutes will reflect all required disclosures of information. l i ! ,-~••••••••H••-•••••••• ,.,.,,,oo,, ••••• • ••-••••• ••••--••••••• .. ••_..,._.....,,,unu.00.0,..,.,,000••••••••• •---•• _.oo,,,, ___ .i,,, .. ._,._..._,,,.,., •••• •• •• • ••••••••H••••H••••••· .. ••••••--••-•-••-•••• .... ••-••••• .. -•••••• OHO '-••do•oUn•••••••••-••M .... ••••••-•J a. Convene in closed session. b. Reconvene in regular session. c. Consideration of action, if any, on matters considered in closed session. (14) OTHER BUSINESS, COMMUNICATIONS OFl SUPPLEMENTAL AGE NDA ITEMS, IF ,ANY (15) MATTERS WHICH A 0IRECTOl9 MAY WISH TO PLACE ON A FUTURE AGENDA FOR ACTION AND STAFF REPORT (16) FUTURE MEETING DATES The next Finance, Administration and Human Resources Committee Meeting is scheduled for November 9, 2005, at 5 p.m. (17) ADJOURNMENT 3 BookPage 3 October 12, 2005 Agenda Posting: In accordance with the requirements of California Government Code Section 54954.2, this agenda has been posted in the main lobby of the District's Administrative offices not less than 72 hours prior to the meeting date and time above. All written materials relating to each agenda item are available for public inspection in the office of the Board Secretary. Items Not Posted: In the event any matter not listed on this agenda is proposed to be submitted to the Committee for discussion and/or action, it will be done in compliance with Section 54954.2(b) as an emergency item or because there is a need to take immediate action, which need came to the attention of the Committee subsequent to the posting of agenda, or as set forth on a supplemental agenda posted in the manner as above, not less than 72 hours prior to the meeting date. Public Comments: Any member of the pµl;)'llc may address the 0perati0ns, Maintenanee and Technical Services Committee .on spec::ific agemda it~m~ or matters of ge_nerat i·nrerest. As Gi.etermined my the Chair, speakers may be deferred until tlie specific item is taken for discussion and remarks may b"e limited to three minutes. Matters of interest addressed by a member of the public and not listed on this agenda cannot have action taken by the Committee except as authorized by Section 54954.2(b). Consent Calendar: All matters placed on the consent calendar are considered as not requiring discussion or further explanation, and unless a particular item is requested to be removed fror'n the consent calendar by a Director of staff member, there will be no separate discussion of these items. All items on the consent calendar will be ei;iacted by one action approving all motions, and casting a unanimous balleffor resolutions included on the consent calendar. All items removed from the consent calendar shall be considered in the regular order of business. The Committee Chair will determine if any items are to be deleted from the consent calendar. Items Continued: Items may be continued from this meeting without further notice to a Committee meeting held within five (5) days of this meeting per Government Code Section 54954.2(b)(3). Meeting Adjournment: Tliis meeting may be adjourned to a later time and items of business from this agenda may be considered at the later meeting by Order of .A:dj<;)umment and Notice in accordance with Government Code Section 54955 (posted within 24 hours). Accommoc;lations for the Disabled: The Board of Directors Meeting Ream is wheelchair aeeesslble. If you re9uire any $p·ecJal disability related aecommodations, please cqntact the Orarnge Ceunty Sanitation District Board Secretary's office at (714) 593-7130 at least 72 h0LJrs prior to the-scheduled meeting. Requests must specify the nature of the disability and the type of accommodation requested. Notice to Committee Members: For any questions on the agenda or to place any items on the agenda, Committee members should contact the Committee Chair or Secretary ten days in advance of the Committee meeting. Committee Chair: Committee Secretary: General Manager : Director of Finance: Director of Human Resources: Acting Director of Public Affairs: Darryl Miller Lilia Kovac Blake Anderson Lorenzo Tyner Lisa Tomko Bob Ghirelli (949) 453-5300 (714) 593-7124 lkovac@ocsd.com (714) 593-711 0 banderson@ocsd.com (714) 593-7550 ltyner@ocsd.com (714) 593-7145 ltomko@ocsd.com (714) 593-7400 bghirelli@ocsd.com H:\dept\agenda\FAHR\FAHR2005\1005\03.101205 FAHR Agenda.doc 4 Book Page 4 Book Page 6 MINUTES OF FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE MEETING Orange County Sanitation District Wednesday, September 14, 2005, 5:00 p.m. A meeting of the Finance, Administration and Human Resources Committee of the Orange County Sanitation District was held on September 14, 2005, at 5:00 p.m., in the Sanitation District's Administrative Office. (1) The roll was called and a quorum declared present, as follows: FAHR COMMITTEE MEMBERS: DIRECTORS PRESENT: Roy Moore, Chair Mike Duvall, Vice Chair Bill Dalton Rich Freschi Phil Luebben Joy Neugebauer James W. Silva Mark Waldman DIRECTORS ABSENT: Steve Anderson, Board Chair Jim Ferryman, Vice Board Chair STAFF PRESENT: Bob Ghirelli, Director of Technical Services Jim Herbert, Director of Operations and Maintenance Lisa Tomko, Director of Human Resources Mike White, Acting Director of Finance/Treasurer Lilia Kovac, Committee Secretary OTHERS PRESENT: Carolyn Cavecche, OMTS Chair Brad Hagin, General Counsel Ed Soong, Orrick, Herrington & Sutcliffe Mahin Talebi Norbert Gaia Bob Geggie (2) APPOINTMENT OF CHAIR PRO TEM No appointment was necessary. (3) PUBLIC COMMENTS There were no public comments. (4) REPORT OF THE COMMITTEE CHAIR Chair Moore had no report. (5) REPORT OF THE GENERAL MANAGER Bob Ghirelli, Acting General Manager reported that a Sanitation District employee who is a member of the Sanitation District's emergency medical response team has volunteered on his own personal time through the Red Cross, to assist in a shelter for the victims of Katrina in the Gulf Coast. An agenda report is being drafted by HR to identify all aspects of liability for the Sanitation District to provide assistance in disasters such as the recent hurricane in the Gulf Coast. The Board will be presented with an agenda report and a policy resolution that will direct management how to respond Book Page 7 Minutes of the Finance, Administration and Human Resources Committee Meeting Page2 September 14, 2005 to similar situations. Some concern was expressed by directors over the proper use of public funds for assisting in times of disaster, and agreed that a resolution should be presented to the Board of Directors for adoption. (6) REPORT OF DIRECTOR OF FINANCE/TREASURER Mike White, Acting Director of Finance, informed the Committee members that the FY 2005-06 Investment Policy document is now being provided to them at this meeting. This document includes the Investment Policy Statement, a summary of the investment authorization, Treasury Management Procedures, the most recent monthly and quarterly program monitoring reports, and sections of the California Government Code pertaining to the investment of public funds. (7) REPORT OF DIRECTOR OF HUMAN RESOURCES Lisa Tomko, Director of Human Resources, had no report. (8) REPORT OF DIRECTOR OF PUBLIC AFFAIRS Carol Beekman, Director of Public Affairs, was absent. (9) REPORT OF GENERAL COUNSEL Brad Hogin, General Counsel, had no report. (10) CONSENT CALENDAR ITEMS a. Approve minutes of the July 6, 2005, Finance, Administration and Human Resources Committee meeting. b. FAHR05-68 Recommend to the Board of Directors to receive and file Treasurer's Report for the month of August 2005. c. FAHR05-69 Receive and file Certificates of Participation (COP) Monthly Report. d. FAHR05-70 Receive and file Employment Status Report as of August 22, 2005. e. FAHR05-71 Receive and file OSHA Incidence Rates and Workers' Compensation Claims and Costs Report. f. FAHR0S-72 Item pulled for discussion. g. FAHR05-73 Recommend to the Board of Directors to adopt Resolution No. OCSD05- _, amending Resolution No. OCSD 98-33, amending Human Resources Policies and Procedures Manual. h. FAHR05-74 Recommend to the Board of Directors to receive and file SWAP Report for the quarter ended June 30, 2005. Book Page 8 Minutes of the Finance, Administration and Human Resources Committee Meeting Page 3 September 14, 2005 i. FAHR05-75 Recommend to the Board of Directors to receive and file Quarterly Investment Management Program Report for the period April 1, 2005 through June 30, 2005. MOTION: It was moved, seconded and duly carried to approve the recommended actions for items specified as 1 0(a) through (e) and (g) through (i) under Consent Calendar. END OF CONSENT CALENDAR f. FAHR05-72 Recommend to the Board of Directors to receive and file report of MOTION: General Manager approved purchases in amounts exceeding $50,000 in accordance with Board purchasing policies. Directors inquired about the blanket purchase order issued to American Airlines for $99,999 which appears excessive for the Sanitation District's travel needs. Mike White, Acting Director of Finance explained the blanket purchase order only works as a mechanism to issue travel tickets, after an employee has the appropriate management approvals. Staff will report back to the committee on the procedures used in securing airline reservations. It was moved, seconded and duly carried to recommend approval to the Board of Directors. (11) ACTION ITEMS a. FAHR05-76 Approve staff's listing of proposed underwriters for consideration on the MOTION: issuance of up to $200 million in certificates of participation (COP). Mike White, Acting Director of Finance, referred to the agenda report listing 1 0 recommended firms, all of which provide strong remarketing services, for consideration to serve as underwriters on the proposed issuance of the $200 million in variable rate certificates of participation. It was pointed out that there was a potential appearance, but not in fact, of a conflict of interest with Banc of America, one of the firms being recommended for consideration. There were no objections to include Banc of America as one of the firms to be considered. It was moved, seconded and duly carried to recommend approval to the Board of Directors. b. FAHR05-77 Authorize staff to solicit proposals from outside auditing firms to serve as the District's internal auditors for a three year period beginning with fiscal year 2005-06, to narrow the selection to three finalists, and to schedule interviews with selected members of the Committee. BookPage 9 Minutes of the Finance, Administration and Human Resources Committee Meeting Page 4 September 14, 2005 MOTION: Mike White, Acting Director of Finance, presented the request to solicit proposals for internal auditing services from outside auditing firms for up to 600 hours annually; an increase from the previous quantity of 300 hours annually. The increase in hours was recommended by the FAHR Committee in July 2005 due to the size and complexity of the Sanitation District. The proposed number of hours will assist in providing a thorough analysis of the Sanitation Districts accounting processes and procedures to ensure that all related internal controls are well designed, properly implemented, and adequately maintained. This effort would be similar to the new private sector internal control reporting requirements under the Sarbanes-Oxley Act. It was moved, seconded and duly carried to recommend approval to the Board of Directors. c. FAHR05-78 Recommend to the Board of Directors to: (1) Authorize the General Manager to transfer to Newport Fab, LLC, the flow baseline as defined by Ordinance No. OCSD-26 previously established at the same discharge location by a company known as Conexant; and, MOTION: (2) to initiate the process to amend Ordinance No. OCSD-26 to clarify the policy for transferring baselines from an Existing User to a New User. Bob Ghirelli, Director of Technical Services, presented the committee a request made by Newport Fab to transfer the flow baseline based on ownership retained by Conexant, that due to Ordinance changes, had increased their rates substantially. The Directors expressed the need to establish a set policy that identifies what constitutes a need for granting similar transfer of flow baselines, and that the definition of a transfer should be identified as a legal transfer of ownership, requiring 51 % or more ownership interest be retained as a quantifiable ownership to qualify for exemption. It was moved, seconded and duly carried to recommend to the Board to: (1) Deny Jazz Semiconductor's request to use Conexant flow baseline for purposes of rates charged; and, (2) Direct staff to bring back to the Board an amendment to Ordinance No. OCSD-26 addressing the transfer of flow baselines and identifying ownership interests retained as 51 %, instead of 25%. (12) INFORMATIONAL PRESENTATIONS a. FAHR05-79 Asset Management Jim Herberg, Director of Operations and Maintenance, provided an overview of the asset management program and responded to Directors' questions. BookPage 10 Minutes of the Finance, Administration and Human Resources Committee Meeting Page 5 September 14, 2005 (13) CLOSED SESSION There was no closed session. (14) OTHER BUSINESS, COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IF ANY There were none. (15) MATTERS WHICH A DIRECTOR MAY W1SH TO PLACE ON A FUTURE AGENDA FOR ACTION AND STAFF REPORT There were none. (16) CONSIDERATION OF UPCOMING MEETINGS The next FAHR Committee meeting is scheduled for October 12,·2005 at 5 p.m. (17) ADJOURNMENT The Chair declared the meeting adjourned at 6:35 p.m. Submitted by: ~£~,, Kh4~ iliaKovac FAHR Committee Secretary H:\dept\agenda\FAHR\FAHR2005\1005\05-091405 FAHR Minutes.doc Book Page 11 Book Page 12 FAHR COMM ITIEE AGE NDA REPORT Orange County Sanitation District FROM: Lorenzo Tyner, Director of Financeff reasurer Originator: Mike White, Controller Meeting Date 10/12/05 Item Number FAHR0S-81 SUBJECT: CERTIFICATES OF PARTICIPATION (COP) MONTHLY REPORT- SEPTEMBER 2005 GENERAL MANAGER'S RECOMMENDATION Receive and file Certificates of Participation (COP) Monthly Report for the month of September 2005. SUMMARY To Bel. of Dir. Item Number The District began issuing Certificates of Participation (COPs) on a variable interest rate basis in 1990. These variable rate COPs were a part of our long-term financing plan which also included some more traditional fixed rate borrowing. In 1992 and 1993, some of the fixed rate COPs were refunded and replaced with synthetic-fixed rate COPs. These are variable interest rate COPs that are also subject to a long-term fixed-rate interest exchange agreement (SWAP). The SWAP provides the maximum interest rate to be paid by the District, and is less costly than traditional fixed rate borrowing. In August 2000, the entire financing program was restructured and modernized to incorporate and take advantage of the consolidation of District books of account and revenue structure. This process has reduced the number of COP issues from five to three; 1992 Refunding COPs, 1993 Refunding COPs and 2000 Refunding COPs. The 2000 COPs can be divided into Series A and Series 8, if additional remarketing agents are desired. In August 2003, the District issued $280 million of fixed rate COPs, Series 2003, that have varying coupon rates that are matched against the varying maturity dates. The true interest cost for the entire issue is 5.15 percent. Variable interest rate COPs can be put back on the market by the buyer each day. When this happens, they must be remarketed or sold to another buyer. This process, called remarketing, is generally provided by a municipal bond underwriter. The remarketing agent sets the interest rate they believe is required to sell the COPs. Some issuers believe that having more than one remarketing agent promotes competition and results in lower interest costs. Staff has monitored variable interest rate issues of other agencies since the inception of our program. The attached charts are described in the "Additional Information" section of this agenda report. They are provided monthly to compare our actual interest rates to a composite index, and to other selected issuers of similar credit quality, and with COP issues of similar amounts. Many variables affect interest rates, but staff expects our rates to be among the lowest. PRIOR COMMITTEE/BOARD ACTIONS N/A Book Page 13 PROJECT/CONTRACT COST SUMMARY N/A BUDGET IMPACT D This item has been budgeted. (Line item: ) D This item has been budgeted, but there are insufficient funds. D This item has not been budgeted. 1:8:1 Not applicable (information item) ADDITIONAL INFORMATION The first graph entitled, "OCSD COP Rate History Report," shows the actual variable interest rates paid on each of the daily rate COPs since the last report, and the effective fixed rate for the two refunding issues which are covered by an interest rate exchange agreement commonly called "swap." The ·second graph is a bar chart entitled, "Comparative Daily COP Rate History Report," shows the performance of the District's Daily Rate COPs as compared to a composite index rate, which represents the average rate of six similar variable rate daily reset borrowings. The third graph is a bar chart entitled, "COP Rate History, Comparison of Highest & Lowest Rates," compares the performance (monthly average interest rate) of the District's Daily Rate COPs with the highest and lowest monthly average rates from among six similar variable rate daily reset COPs. The table entitled, "COP Rate History, Comparison of Monthly Averages," shows the monthly variable interest rate performance of the District's Daily Rate COPs as compared to the composite index. Estimated annual interest payments calculated for a standard $100 million par amount, are also shown. Variable rates historically rise at the end of each calendar quarter, and especially at year-end, because of business taxes and liquidity requirements. The rates tend to decline to prior levels immediately in the following month. Staff maintains continuous rate monitoring and ongoing dialog with the remarketing agents to keep the Committee fully informed about developments in the program as they may occur. ATTACHMENTS 1. Graph -OCSD COP Rate History Report 2. Graph -Comparative Daily COP Rate History Report 3. Graph -COP Daily Rate History, Comparison of Highest & Lowest Rates 4. Tabular -COP Rate History, Comparison of Monthly Averages LT:MW:lc H:\dept\agenda\FAHRIFAHR2005\1005\05-81.COP Monthly Report.DOC Revised: 06/04/03 Book Page 14 Page2 Book Page 16 to 0 ~ ""1:1 ~ Cl) ---.I Prepared by Finance, 10/3/2005, 4:17 PM COMPARATIVE DAILY COP RA TE HISTORY REPORT September 2005 4.00 -.------~--"""""""'"""""""'"""""""'"""""""' ........................................... -..,........_""""'"""°!.,..,,,,,,,,.., ............ ~--_,..,.___, 3.00 +--------------------------------------------< ~ r,--.----- l ~ 2.00 -i .---- rr- ~ 1-i ~ ~ .-----rr-~ .-----r--,-- 1.00 _,_ 0.00 ---,--------,----,- DATE -.:I" -.:I" -.:I" LO LO LO LO LO LO LO LO LO 0 0 0 0 0 0 0 0 0 0 0 0 tl > ci c .ti .: .: >, c :i ci a. 0 Q) ro Q) ro C. ro :::, :::, Q) 0 z 0 """') LL ~ <( ~ """') """') <( (I) pocso COP Series '93 and 2000 •COMPOSITE INDEX G:\excel.dtalfin\2220\geggi\Finance\dailycopintrate.xls Book Page 18 to 0 0 ;:,;- '"O Jcl (1) N Prepared by Finance, 10/3/2005, 4:14 PM Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 AVERAGE DAILY COP RA TE HISTORY COMPARISON OF MONTHLY AVERAGES OCT 2004 -SEP 2005 OCSD $218.6M $46M Series 2000 Series 93 Ref Composite PaineWebber Paine Webber Index* 1.67 1.67 1.65 1.52 1.52 1.51 1.55 1.55 1.54 1.70 1.70 1.69 1.76 1.76 1.74 1.86 1.86 1.84 2.42 2.42 2.40 2.88 2.88 2.87 2.23 2.23 2.22 2.11 2.11 2.08 2.26 2.26 2.24 2.38 2.38 2.37 2.03% 2.03% 2.01% ESTIMATED ANNUAL INTEREST PAYMENTS PER $100M PAR AMOUNT $ 2,028,333 I $ 2,028,333 I $ *FOOTNOTE Composite index consists of the following COP transactions: . IRWD, Series 86-COP, 88, 95, $106.1 M, Citigroup . IRWD, Series C-Ref 93-8, 85-8, $62.1 M, Lehman Brothers . IRWD, Series 91, 93, 85, $93.0M, PaineWebber . IRWD, Series 89, C-Ref 93-A, C-Ref 95, $70.9M, Merrill Lynch 2,012,500 . Western Riverside Co. Reg. Wastewater Auth., Series 96, $25.4M, PaineWebber . Orange Co., Irvine Coast Asst. Dist. 88-1, $94.5M, J.P. Morgan G:\excel.dta\fin\2220\geggi\Finance\COPdaily$rate comparison nook Page 22 FAHR COMMITTEE Meeting Date 10/12/05 AGENDA REPORT Item Number FAHR0S-82 Orange County Sanitation District FROM: Lisa L. Tomko, Director of Human Resources Originator: Richard Spencer, Employee Development Supervisor SUBJECT: EMPLOYMENT STATUS REPORT AS OF SEPTEMBER 20, 2005 GENERAL MANAGER'S RECOMMENDATION Receive and file the Employment Status Report SUMMARY The number of full-time equivalent (FTE) employees at OQSD is 595.50; actual headcount is 606. PRIOR COMMITTEE/BOARD ACTIONS N/A PROJECT/CONTRACT COST SUMMARY N/A BUDGET IMPACT D This item has been budgeted. (Line item: ) D This item has been budgeted, but there are insufficient funds. D This item has not been budgeted. C8:] Not applicable (information item) ADDITIONAL INFORMATION NEW HIRES: 1 Job Title I Division Director of Finance I Finance Administration PROMOTIONS: 2 Name Former Job Title Current Job Title Division To Bd. of Dir. Item Number Laura Lucena Intern Environmental Specialist Environmental Assessment Jagadish Oruganti IT Analyst 111 Senior IT Analvst LATERALTRANSFERS:3 H:\dept\agenda\FAH RIFAHR200511 005105-82.Employment Status.doc Revised: 06/04/03 Book Page 23 Proqramminq & Database Suooort Page 1 Name Job Title Former Division Current Division Shabbir Basrai Engineer O&M Process Engineering Environmental Compliance Services Michael Broyles Auto/Heavy Equip Tech Fleet Services Mechanical Maintenance & Power Production Ernest Yeboah Engineer O&M Process Engineering Mechanical Maintenance & Power Production SEPARATIONS: 4 Job Title Division Reason IT Analyst 111 Programming & Database Support Resignation Instrumentation Technician II Instrumentation & Electrical Maintenance Retirement Staff Analvst Intern ALTERNATIVES NIA CEQA FINDINGS NIA ATTACHMENTS Contracts, Purchasing, & Materials Mgmt. Environmental Compliance Services 1. September 20, 2005 Employment Status Report Resignation Resignation 2. FY 2005106 Staffing Report (year to date performance compared to budgeted FTE's) H:\dep\\agenda\FAHR\FAHR2005\1005\05-82.Employment Status.doc Revised: 06/04/03 Book Page 24 Page2 FAHR COMMITTEE AGENDA REPORT Orange County Sanitation District FROM: Lisa L. Tomko, Director of Human Resources Originator: James Matte, Safety & Health Supervisor Meeting Date To Bel. of Dir. 10/12/05 Item Number Item Number FAHR0S-83 SUBJECT: OSHA INCIDENCE RATES AND WORKERS' COMPENSATION CLAIMS AND COSTS REPORT GENERAL MANAGER'S RECOMMENDATION Receive and file the OSHA Incidence Rates and Workers' Compensation Claims and Costs Report. SUMMARY Safety and Health Division staff track OSHA Incidence Rates for DART (*) Cases (DART Incidence Rate) and Total Accidents (Total Injury Frequency Rate). There were seven DART Cases District-wide for the period of January through August 2005. The industry average is 3.90 for the DART Case Incidence Rate while the District Incident Rate was 1 .80 for the period of January through August 2005. There were 12 OSHA Recordable Accidents District-wide for the period of January through August 2005. The industry average is 6.60 for the Total Injury Frequency Rate while the District Incident Rate was 3.09 for the period of January through August 2005. The Division also tracks the District's Workers' Compensation Claims and Costs. The District's claim count for Fiscal Year 2004-2005 was 19. The costs associated with these claims for year-to-date is $37,216, which includes medical bills, temporary disability payments, legal costs and a claim reserve account. In addition to the costs connected to the individual claims, the District pays $27,500 per fiscal year to our third party administrator (TPA), Cambridge Integrated Services Group. In addition to the TPA, the District has a purchase order with ProCare Work Injury Center for $5,000. These costs are for first aid cases that are not included in the above numbers. To date, approximately $200 has been expended. • Days Away, Restricted or Transfer PRIOR COMMITTEE/BOARD ACTIONS N/A PROJECT/CONTRACT COST SUMMARY N/A Revised: 06/04/03 Book Page 25 Page 1 BUDGET IMPACT D This item hsis been budgeted. (Line item: ) D This item has been budgeted, but there are insufficient funds. D This item has not been budgeted. cg} Not applicable (information item) ADDITIONAL INFORMATION The District had seven DART cases and five other injuries that required only medical treatment for the period of January through August 2005. The reporting period is for 45 days prior to committee meeting. ALTERNATIVES N/A CEQA FINDINGS N/A ATTACHMENTS 1. OSHA Incidence Rates Reports for DART Cases and Total Injuries 2. Workers' Compensation Claims and Costs Revised: 06/04/03 Book Page 26 Page2 Total Injuries District-Wide There were 12 OSHA Recordable Accidents in January through August 2005. Total OSHA Recordable Accidents ,.__ en 0 -.._ C (I) (I) .0 'O E ·o :::J () z <( 30 ~~tfFD -. •-, •-, •-, 2001 2002 2003 Calendar Year OSHA Incidence Rates District-Wide 2004 2005 The Total Injury Frequency Rate is a combination of the DART Cases and the cases that require Other Medical Treatment. The industry average for Total Injury Frequency rate is 6.60 and the District rate was 3.09 for January through August 2005. First Aid cases are not included in the calculation of this rate. The rate is also based on the data for the calendar year so the rate will change as the number of hours worked increases. 2 8 OSHA Incidence Rate Total Injuries/Illnesses ~ 6 -t---------------1~ - g 4 -11\1 Year Total Q) ~ 2 ----li3 Industry Avg .£ 0 -!-~___,_~~-__.___.__ -'--'-----,~~-, 2001 2002 2003 2004 2005 Calendar Year Book Page 28 Workers' Compensation Claims and Costs The Workers' Compensation Claims and Costs are reported by fiscal year. The DART and Total Injury graphs shown above are calendar year rates as required for OSHA recordkeeping. All claims and medical invoices are reviewed by a third party to ensure that proper medical treatment is provided for injured employees and the costs for the treatment are within established guidelines. The medical bills reviewed for July -August 2005 totaled $13,711.80. Medical treatment costs are charged to the fiscal year in which the injury occurred. All open claims have the potential to incur additional costs. After the medical review process, the amount was reduced to $10,932.81, which resulted in savings of $2,778.99 for this reporting period. Workers Compensation Claims and Costs Fiscal Period Claim Count Open Claims Total Incurred 7 /1 /85 -6/30/86 38 0 $270,794 7/1/86 -6/30/87 53 0 $99,933 7/1/87 -6/30/88 51 0 $173,583 7 /1 /88 -6/30/89 41 0 $153,481 7 /1 /89 -6/30/90 61 0 $298,535 7/1/90 -6/30/91 76 0 $121,978 7/1/91 -6/30/92 58 1 $222,707 7 /1 /92 -6/30/93 58 0 $93,198 7 /1 /93 -6/30/94 47 0 $218,507 7/1/94 -6/30/95 46 0 $276,359 7 /1 /95 -6/30/96 46 1 $191,323 7 /1 /96 -6/30/97 36 0 $370,749 7/1/97 -6/30/98 45 1 $821,842 7 /1 /98 -6/30/99 38 2 $290,739 7 /1 /99 -6/30/00 43 2 $352,549 7/1/00-6/30/01 32 2 $404,112 7/1/01 -6/30/02 30 5 $436,800 7 /1 /02 -6/30/03 18 3 $106,658 7 /1 /03 -6/30/04 15 2 $111 ,961 7 /1 /04 -6/30/05 19 5 YTD $37,216 "Total Incurred" includes medical bills, temporary disability payments to employees, legal costs, and a claim reserve account. Book Page 29 Book Page 30 FAHR COMMITTEE Meeting Date 10/12/2005 AGENDA REPORT Item Number FAHR05-84 Orange County Sanitation District FROM: Lisa Tomko, Director of Human Resources Originator: James Matte, Safety and Health Supervisor SUBJECT: Safety Policy, Injury and Illness Prevention Program Policy GENERAL MANAGER'S RECOMMENDATION To Bel. of Dir. 10/26/2005 Item Number Approve Revisions to SAFETY-POL-115, Backflow Prevention Program Policy and SAFETY-POL-202, Accident Investigation Program as provided for in Resolution No. OCSD 02-5 regarding the District's Injury and Illness Prevention Program. SUMMARY The District is revising three of its Safety and Health Policies to reflect changes brought about by regulatory issues, Unifying Strategies and internal administrative decisions. The written Backflow Prevention Program Policy (SAFETY-POL-115) is being revised to update policy requirements in accordance with revised workplace procedures and to remove obsolete definitions. These changes are designed to make the policy more efficient as a best management practice. The District is revising its written Accident Investigation Policy (SAFETY-POL-202) to place into policy, a revised definition of a near miss accident based on the work of the Unifying Strategy Team for Safety and Health. This definition broadens the definition of a near miss based on the unifying strategy goal of zero incidents. This definition is considered a best management practice and goes beyond what is required in Cal- OSHA regulations. These documents are presented for your review and adoption represents the Districts revised written Safety and Health Policies that conforms to applicable regulations found in the California Code of Regulations. PRIOR COMMITTEE/BOARD ACTIONS Approval of Resolution No. OCSD 02-5 regarding the District's Injury and Illness Prevention Program. PROJECT/CONTRACT COST SUMMARY N/A Book Page 31 BUDGET IMPACT B • ~- This item has been budgeted. (Line item: ) This item has been budgeted, but there are insufficient funds. This item has not been budgeted. Not applicable (information item) ADDITIONAL INFORMATION N/A ALTERNATIVES N/A CEQA FINDINGS N/A ATTACHMENTS Attachment 1-Backflow Prevention Program Policy (SAFETY-POL-115) Rev. 2 Attachment 2-Accident Investigation Policy (SAFETY-POL-202), Rev.1 H:ldeptlagenda\FAHRIFAHR2005\1005\05-84.Safely and Health Policies AR.doc Revised: 8/20/01 Book Page 32 Page2 Backflow Prevention Program SAFETY-POL-115 Contents 1 . Purpose ................................................................................................. 3 2. Responsibi I ity ....................................................................................... 3 3. Definitions ............................................................................................ 3 4. Requirements ....................................................................................... 5 4.1 4.2 4.3 4.5 4.5 4.6 General Requirements ....................................................................................... 5 New Construction .............................................................................................. 5 Testing ............................................................................................................... 6 Notification ......................................................................................................... 6 Training .............................................................................................................. 7 Record Keeping ................................................................................................. 7 5. References ............................................................................................ 7 6. Attachments ......................................................................................... 8 Rev.2 Date 1 0/26/2005 Book Page 34 Hard Copy Is Uncontrolled 2 of 8 Backflow Prevention Program SAFETY-POL-115 Backsiphonage Backpressure Contamination Cross Connection Double Check Valve Backflow Prevention Assembly (DC) Pollution Recycled Water Reduced Pressure Principle Backflow Assembly (RP) Rev. 2 Date 10/26/2005 source or sources. A form of backflow due to a reduction in system pressure which causes a subatmospheric pressure to exist in the water system. Any elevation of pressure in the downstream piping system (by pump, elevation of piping, or steam and/or air pressure) above the supply pressure at the point of consideration which would cause, or tend to cause, a reversal of the normal direction of flow. An impairment of the quality of water which creates an actual hazard to the public health through poisoning or through the spread of disease by sewage, industrial fluids, waste, etc. An unprotected actual or potential connection between a potable water system and any source or system containing unapproved water or a substance that is not or cannot be approved as safe and potable. By-pass arrangements, jumper connections, removable sections, swivel or changeover devices or other devices through which backflow could occur, shall be considered cross-connections. An assembly composed of two independently acting, approved check valves, including tightly closing resilient seated shutoff valves attached at each end of the assembly and fitted with properly located resilient seated test cocks. An impairment of the quality of water to a degree which does not create a hazard to the public health but which does adversely and unreasonably affect the aesthetic qualities of such waters for domestic use. Water which, as a result of treatment of wastewater, is suitable for a direct beneficial use or a controlled use that would not otherwise occur, and is not safe for human consumption. An assembly containing two independently acting approved check valves together with a hydraulically operating, mechanically independent pressure differential relief valve located between the check Book Page 36 Hard Copy Is Uncontrolled 4 of 8 Backflow Prevention Program SAFETY-POL-115 valves and at the same time below the first check valve. The unit shall include properly located resilient seated test cocks and tightly closing resilient seated shutoff valves at each end of the assembly. User Connection The point of connection of a user's piping to the water supplier's facilities. Water Supplier The person or entity who owns or operates a public water system. Water User Any person or entity obtaining water from a public water supply. 4. Requirements The goal of the District's Backflow Prevention Program is to establish requirements to protect the health of employees and the public and to meet regulatory requirements. 4.1 General Requirements 1. The District shall install, operate, maintain, and protect its water systems by controlling actual or potential cross- connections via: A. Promoting elimination of existing or future cross- connections through scheduled inspections and regulation of water system construction and operation within OCSD facilities. B. Properly installing and maintaining backflow preventers where actual or potential cross-connections exist to prevent backflow or backsiphonage of contaminants or pollutants into OCSD water systems. 2. All installations shall comply with regulatory requirements and shall be commensurate with the degree of hazard that exists. 4.2 New Construction 1 . Backflow prevention assemblies shall be on the List of Rev. 2 Hard Copy Is Uncontrolled Date 1 0/26/2005 5 of 8 Book Page 37 Backflow Prevention Program SAFETY-POL-115 4.3 Testing 4.5 Notification Rev. 2 Date i 0/26/2005 Approved Backflow Prevention Assemblies by the University of Southern California (USC) Foundation for Cross Connection Control and Hydraulic Research (8th edition or newer) and installed in accordance with the latest USC Manual of Cross-Connection Control and the Uniform Plumbing Code. 2. Prior to connecting to any District water service and/or installing or removing a backflow prevention assembly approval must be provided by the User Supervisor. The following information must be provided to the User Supervisor prior to approval: A. Identify the location and purpose for the connection and/or backflow prevention assembly, or removal of backflow prevention assembly. B. Identify the size, type, manufacturer, and model number of the backflow prevention assembly. 3. The District Construction Inspector ensures that any project specific backflow prevention assembly is approved by the User Supervisor and tested by a Backflow Tester Certified by the Orange County Health Care Agency. A. Copies of the test results are forwarded to the CMMS Group for inclusion in the CMMS. Backflow prevention assemblies shall be tested annually by a Backflow Tester Certified by the Orange County Health Care Agency. Any backflow assembly that fails during an annual test will be repaired or replaced. Upon completion of repairs or replacement, the backflow assembly shall be re-tested. Report any failing or failed devices, and potential violations of California Code of Regulations, Title 17 and 22, to the User Supervisor via the CMMS system. Book Page 38 Hard Copy Is Uncontrolled 6 of 8 4.5 Training Backflow Prevention Program SAFETY-POL-115 A training program shall be developed to ensure that District employees understand, the requirements of this policy, the operating procedures by which it is implemented, and job- specific roles and responsibilities. Additional training topics will depend on the functions of a specific individual. 4.6 Record Keeping 1. A database within the Computer Maintenance Management System (CMMS) to properly inventory and maintain existing backflow preventers. 2. The database shall include backflow prevention assemblies currently in service on District property. This database should include but not be limited to the following elements: • The name of the device • Manufacturer • Serial Number (manufacturer) • Loop Tag Number (OCSD) • Location • Date of purchase • Date of manufacture • Most recent certification test data • Date of the next scheduled or required certification test 3. A list of approved backflow prevention assemblies which will be made available to District employees and the public by written or electronic request. 5. References Rev.2 Date 1 0/26/2005 OCSD Engineering Specifications, Sections 15100 and 15115 OCSD Engineering Guidelines, Chapters 2 and 6 Book Page 39 Hard Copy Is Uncontrolled 7 of 8 Backflow Prevention Program SAFETY-POL-115 OCSD Instrument and Equipment Tagging Procedure California Code of Regulations, Title 17, Chapter 5 California Code of Regulations, Title 22, Division 4 American Water Works Association, Standard C506 Water Recycling 2030: Recommendations of California's Recycled Water Task Force, California Department of Water Resources June 2003 Approved Backflow Prevention Assemblies for Service Isolation, California Department of Health Services, August 2002 California Health Laws Related to Recycled Water, "The Purple Book". Most Recent Edition. California Department of Health Services, Recycled Water Unit. Manual of Cross-Connection Control. Most recent edition. University of Southern California Foundation for Cross- Connection Control and Hydraulic Research. Uniform Plumbing Code. Most recent edition. International Association of Plumbing and Mechanical Officials. 6. Attachments None Rev.2 Date 10/26/2005 Book Page 40 Hard Copy Is Uncontrolled 8 of 8 Accident Investigation and Reporting SAFETY-POL-202 Contents 1 . Purpose ................................................................................................. 3 2. Definitions ............................................................................................ 3 3. Requirements and Responsibilities ................................................... 5 3.1 General Requirements ............................................................................. 5 3.2 3.3 3.4 3.5 3.6 3.1.1 Safety and Health Division Responsibilities ........................................ 6 3.1 .2 Manager and Supervisor Responsibilities ........................................... 7 3.1.3 Employee Responsibilities .................................................................. 7 Accidents In Which Personnel Are Injured or Equipment is Damaged ..... 8 3.2.1 Off Site Accidents ................................................................................ 9 3.2.2 On Site .............................................................................................. 11 Near Miss Accidents ............................................................................... 12 Safety-Health Investigation Team .......................................................... 13 Employee Training ................................................................................. 14 Program Administration .......................................................................... 14 4. References .......................................................................................... 15 5. Attachments ....................................................................................... 15 Rev. 1 Date: October 26, 2005 2 of 15 Book Page 42 Hard Copy Is Uncontrolled Accident Investigation and Reporting SAFETY-POL-202 Lost workdays Manager Near Miss Recordable Injury Reportable Injury Serious Injury or Illness Rev. 1 Date: October 26, 2005 The number of days (consecutive or not) after, but not including, the day of injury or illness during which the employee would have worked but could not do so; that is, could not periorm all or any part of his normal assignment during all or any part of the workday or shift, because of the occupational injury or illness. Employee who : • manages, plans, supervises and coordinates the operations and activities of one or more major District divisions and works under general direction or administrative direction of a Department Director or the General Manager, exercising discretion in applying general goals and policy statements and in resolving organizational and service delivery problems and; • Organizes and directs the work of subordinate staff, and; • Ass1,1mes significant responsibility for a variety of personnel activities in such areas as selection, training and disciplinary actions and; • Assumes significant responsibility for the preparation and administration of assigned budget(s) Any potentially hazardous situation that has not resulted in a personal injury or property damage and/or an observed breaking of a District policy, procedure or regulatory requirement as they relate to safety and health . Any occupational injuries or illnesses which result in fatalities, regardless of the time between the injury and death, or the length of the illness; or lost workday cases, other than fatalities, that result in lost workdays; or nonfatal cases without lost workdays which result in transfer to another job or termination of employment, or require medical treatment (other than first aid) or involve loss of consciousness or restriction of work or motion. This category also includes any diagnosed occupational illnesses which are reported to the employer but are not classified as fatalities or lost workday cases. Any serious injury or illness, or death , of an employee occurring in a place of employment or in connection with any employment. Means any injury or illness occurring in a place of employment or in connection with any employment which requires inpatient hospitalization for a period in excess of 24 hours for other than medical observation or in which an employee suffers a loss of Hard Copy Is Uncontrolled 4 of 15 Book Page 44 Accident Investigation and Reporting SAFETY-POL-202 Supervisor Vehicle any member of the body or suffers any serious degree of permanent disfigurement. Employee who: •Supervises, assigns and reviews the work of subordinates in assigned sections or work units, and; •Works under direction or general direction of higher level supervisory or management staff, exercising discretion in selecting appropriate resources to use in accomplishing assigned work, and; •Assumes responsibility for recommending a variety of personnel actions in such areas as performance evaluation, training, selection and disciplinary measures, and; •Ensures that appropriate policies and procedures are followed by subordinates, and; •Monitors, coordinates and assists in developing the budget for assigned area Is a device by which any person or property may be propelled, moved, or drawn upon a highway, including devices moved exclusively by human power or used exclusively upon stationary rails or tracks. This includes electric carts and bicycles. 3. Requirements and Responsibilities 3.1 General Requirements Rev. 1 Date: October 26, 2005 1. Accident/incident investigations shall be fact-finding. Root cause determination is the primary goal. 2. The Safety and Health Division shall be immediately notified by the responsible manager/supervisor of all accidents/incidents that : A. Require an outside agency to respond to a medical aid situation. B. Involve a vehicle and an injury while the driver is on 5 of 15 Book Page 45 Hard Copy Is Uncontrolled Accident Investigation and Reporting SAFETY-POL-202 district business. C. Involve a vehicle that is on district property. D. Involve more than $2,500 in property damage. E. Is a Cal-OSHA reportable or recordable injury (1) Including contractors hired by OCSD. F. Involve a response of the district's emergency medical unit. G. Require any report to be made to any regulatory authority. 3. Completed accident/incident investigation reports involving district staff shall be returned to the Safety and Health Division Office no later than three (3) days following the accident/incident by the supervisor/manager of the person(s) injured. 4. Completed accident/incident investigation reports for accidents involving contractor personnel or visitors shall be submitted to the Safety and Health Division office with in five (5) business days of the accident/incident by the division responsible for managing the contractor or visitor. A. If the incident, in the opinion of the Safety and Health Division, had the potential to lead to an imminent danger situation, the Safety and Health Division may stop all work on a jobsite until an incident report has been received. (1) Work shall be stopped in accordance with the requirements of "safety stand downs" as specified in SAFETY-POL-101, Injury, Illness Prevention Programs. 3.1.1 Safety and Health Division Responsibilities Rev. 1 Date: October 26, 2005 1 . The Safety and Health Division shall be responsibl.e for developing and implementing the Accident/Incident Investigation and Reporting Program. 2. The Safety and Health Division shall be responsible for maintaining accident reports and OSHA recordkeeping 6 of 15 Book Page 46 Hard Copy Is Uncontrolled Accident Investigation and Reporting SAFETY-POL-202 activities. 3. The Safety and Health Division shall be responsible for coordinating the activities for supplemental accident/incident investigations as outlined in section 3.1 . 4. The Safety and Health Division shall be responsible for notifying Cal-OSHA of all reportable accidents. 5. The Safety and Health Division shall be responsible for conducting training for employees on proper accident investigation techniques. 3.1.2 Manager and Supervisor Responsibilities 1 . Managers and supervisors shall be responsible for conducting accident/incident investigations in accordance with established procedures. 2. Managers and supervisors shall be responsible for ensuring all accident and incident reports are completed and returned to the Safety and Health Division within 3 days of the accident. (Five days for contractor or visitor accidents/incidents) 3. Managers and/or supervisors shall be responsible for ensuring all recommended corrective actions are addressed and completed. 3.1.3 Employee Responsibilities Rev. 1 Date: October 26, 2005 1. Employees shall report all accidents and incidents to their manager/supervisor on the same shift the accident or incident occurred. A. The manager/supervisor shall document the accident or incident and forward the report to the Safety and Health Division. 2. Employees shall report all near miss accidents/incidents to either their manager/supervisor or the Safety and Health Division on the same shift the accident or incident occurred. 3. Employees shall fully cooperate with managers, supervisors and Safety and Health personnel who are conducting the 7 of 15 Book Page 47 Hard Copy Is Uncontrolled Accident Investigation and Reporting SAFETY-POL-202 accident/incident investigation. A. Employees may have bargaining unit representation present during accident investigations. 4. Employees shall promptly complete and return all paperwork regarding the incident/accident as required. 3.2 Accidents In Which Personnel Are Injured or Equipment is Damaged Rev. 1 Date: October 26, 2005 1 . If the accident is serious and the employee is unable to leave the scene of the accident, help shall be summoned, using the extension 222 emergency number. A. The Control Center shall notify: (1) The Medical Unit Team if the accident/incident is at Plant 1 or Plant 2. (2) Outside Medical services as required (911). (3) Safety and Health Division personnel. (4) The appropriate management personnel. B. Notification shall be by : (1) Land telephone. (2) Cellular telephone (including Nextel). (3) Mobile radio. 2. The Control Center shall dispatch personnel to meet outside medical services at the front gate as necessary and escort them to the accident site. 3 . The employee or another employee shall notify their supervisor of an accident. 4. After the injured person is tended to, an accident/incident investigation shall be started by the supervisor as soon as possible. A. The supervisor shall complete the Accident Report form. 8 of 15 Book Page 48 Hard Copy Is Uncontrolled Accident Investigation and Reporting SAFETY-POL-202 5. The accident investigation shall be conducted in accordance with SAFETY-SOP-202.1, Accidents In Which Personnel Are Injured. 6. The supervisor/manager may contact the Safety and Health Division for assistance with the accident investigation. 7. The accident scene shall be preserved until the accident investigation has been completed. 3.2.1 Off Site Accidents Employees and Passengers Rev. 1 Date: October 26, 2005 1. If safe, stop immediately and determine possible damage. Avoid obstructing traffic if possible. The vehicle shall be moved to a safe location as soon as possible. 2. Aid the injured and see to it that they receive medical attention as soon as possible. 3. If the vehicle is equipped with a radio, call the Control Center and have the Control Center call the local police. If the vehicle does not have a radio, call the police from a nearby telephone and call your supervisor. Request assistance in the investigation process if necessary. Note: A police report is needed when the accident involves the public or non-district property. If the police do not respond, the employee should obtain all pertinent information available from the other driver and the accident scene and then go to the police department with local jurisdiction to file a report. 4. Identify as many witnesses as possible and obtain their name, address, and home and work phone numbers. 5. Using the camera in the vehicle, take pictures of each vehicle involved and the road conditions. (See SAFETY- SOP-202.2) 6. Do not discuss the accident with anyone other than the police and District personnel. A. Provide only your name, agency name and address, and work telephone number. B. Obtain a business card from the police officer and ask 9 of 15 Book Page 49 Hard Copy Is Uncontrolled Accident Investigation and Reporting SAFETY-POL-202 Supervisor them to record the accident case number on the card. 7. The driver, and each employee passenger, and each employee witness should assist in completion of the Vehicle Accident Report (unless involved parties are incapacitated or deceased) during the shift in which the accident occurred. 8. The Safety and Health Division must be notified of the accident as soon as possible. 9. Conduct an accident investigation ( at the accident scene if possible) and determine actions to prevent accident recurrence. A. The accident investigation shall be conducted in accordance with SAFETY-SOP-202.2, Investigating On/Offsite Vehicle Accidents. 10. Complete and sign the Vehicle Accident Report. Division Manager 11. The completed and approved Vehicle Accident Report must be delivered to the Safety and Health Division and the appropriate Division Manager before the end of the shift. If the accident occurs during evening, weekend, or holiday hours, the Vehicle Accident Report shall be distributed at the beginning of the next week day shift. 12. Determine if participation in the investigation at the scene of the accident is warranted. This decision is based on personal injury and the severity of the equipment/property damage. 13. Review and approve the Vehicle Accident Report. 14. Ensure that actions to prevent accident recurrence are completed and documented. Safety and Health 15. Send written verification of completion to the Safety and Health Division. Rev. 1 Date: October 26, 2005 16. Track completed and outstanding actions to prevent accident recurrence and forward completed items to the Safety and Health Division. 17. Participate in the investigation at the scene of the accident if the accident resulted in personal injury and/or significant 10 of 15 Book Page 50 Hard Copy Is Uncontrolled Accident Investigation and Reporting SAFETY-POL-202 3.2.2 On Site Employee Supervisor Rev. 1 Date: October 26, 2005 equipment/property damage. 18. Review the Vehicle Accident Report and determine if an additional investigation is warranted. 19. Forward copies of the Vehicle Accident Report to the Fleet Services Supervisor. 20. Distribute completed and outstanding actions and recommendations to prevent accident recurrence. 1. Stop immediately and determine possible damage. Move the vehicle to the side of the road if possible. Avoid obstructing traffic if possible. A. Call for assistance if traffic/crowd control is required. 2. Aid the injured and see to it that they receive medical attention as soon as possible. A. Notify the Control Center who will notify the Medical T earn via 222 reporting 3. Call the Control Center and have the Control Center call the Safety and Health Division. 4. Call your supervisor. Request assistance in the investigation process if necessary. A. The accident investigation shall be conducted in accordance with SAFETY-SOP-202.2, Investigating Vehicle Accidents. 5. Identify as many witnesses as possible and obtain their name. 6. The driver, and each employee passenger, and each employee witness should assist in completion of the Vehicle Accident Report during the shift in which the accident occurred. 7. The supervisor shall conduct an accident investigation (at the accident scene if possible) and determine actions to prevent accident recurrence. Hard Copy Is Uncontrolled 11 of 15 Book Page 51 Accident Investigation and Reporting SAFETY-POL-202 Division Manager 8. The supervisor shall complete and sign the Vehicle Accident Report. 9. The completed and approved Vehicle Accident Report must be delivered to the Safety and Health Division and the appropriate Division Manager before the end of the shift. 10. The division manager shall review and approve the Vehicle Accident Report. 11. The division manager shall ensure that actions to prevent accident recurrence are completed and documented. 12. The division manager shall send written verification of completion to the Safety and Health Division. 13. The division manager shall track completed and outstanding Safety and Health actions to prevent accident recurrence and forward completed items to the Safety and Health Division. 14. The Safety and Health Division shall participate in the investigation at the scene of the accident if the accident resulted in personal injury and/or significant equipment/property damage. 15. The Safety and Health Division shall review the Vehicle Accident Report and determine if an additional investigation is warranted. 16. The Safety and Health Division shall distribute completed and outstanding actions and recommendations to prevent accident recurrence. 3.3 Near Miss Accidents Rev. 1 Date: October 26, 2005 1. The employee shall notify their supervisor of a near miss accident. 2. The employee and supervisor shall conduct an investigation into the causes of the near miss accident. A. The near miss shall be documented on the accident report form. Hard Copy Is Uncontrolled 12 of 15 BookPage 52 Accident Investigation and Reporting SAFETY-POL-202 3. The accident investigation shall be conducted in accordance with SAFETY-SOP-202.1. 4. The supervisor/manager may contact the Safety and Health Division for assistance with the Near Miss Accident Investigation. 5. The near miss scene shall be preserved until the near miss accident investigation has been completed. 3.4 Safety-Health Investigation Team Rev. 1 Date: October 26, 2005 1 . The Safety and Health Division shall coordinate the formation of a Safety-Health Investigation Team for all accidents 2. The members of the Safety-Health Investigation Team shall receive training in conducting an accident investigation. A. Training shall be conducted at least biennially. 3. The Safety and Health Division shall ensure that team members have the proper equipment to conduct a thorough investigation. 4. The team shall conduct investigations on all accidents/incidents that meet the following criteria: A. Accidents resulting in injuries. (District employees, visitors, contractors, etc.) B. Property damage of more than $5,000.00. C. Issues reported to any regulatory agency. D. As requested by executive management. E. As requested by of legal counsel. F. To supplement investigations lacking in proper information and/or details. G. As requested by the Safety and Health Supervisor for training purposes. 5. The team shall be made up of a cross section of District employees as determined by the Safety and Health 13 of 15 Book Page 53 Hard Copy Is Uncontrolled Accident Investigation and Reporting SAFETY-POL-202 Supervisor. 6. Safety and Health Investigation Team may request meetings with all involved parties and witnesses in order to collect factual data of the accident. A. As a result, Safety and Health Investigation T earn may determine corrective action as a measure to prevent future accidents. B. Managers/supervisors are responsible for implementation of corrective actions recommended by the Safety and Health Investigation T earn. C. Safety and Health Investigation Team may recommend disciplinary action of involved parties but shall not determine the type or magnitude of the action. This shall remain the responsibility of the employee's manager/su pervisor. 7. Each bargaining unit shall be represented on the team. 3.5 Employee Training 1 . The Safety and Health Division shall be responsible for developing and implementing an Accident Investigation Process Training Program. 2. All managers and supervisors shall attend the Accident Investigation Process Training Program. A. Non-management personnel may attend Accident Investigation Process Training Program training with their supervisor's permission. 3. Training shall be conducted as an initial course and as required. 3.6 Program Administration Rev. 1 Date: October 26, 2005 1 . The Safety and Health Division shall be responsible for reviewing the Accident Investigation and Reporting Program every two years. 14 of 15 Book Page 54 Hard Copy Is Uncontrolled Accident Investigation and Reporting SAFETY-POL-202 4. References 8 California Code of Regulations, §3203. Injury and Illness Prevention Program 8 California Code of Regulations, §330, Definitions 8 California Code of Regulations, Chapter 7, Subchapter 1. Occupational Injury or Illness Reports and Records 8 California Code of Regulations Chapter 3.2. , Subchapter 2, Article 3. Reporting Work-Connected Injuries, §342. Reporting Work-Connected Fatalities and Serious Injuries. California Vehicle Code, Division 1, Section 670 SAFETY-POL-101 Injury and Illness Prevention Program SAFETY-POL-108 Contractor Safety Program SAFETY-SOP-202.1 , Accidents In Which District Personnel Are Injured. SAFETY-SOP-202.2, Investigating Vehicle Accidents SAFETY-SOP-202.3, Investigating Contractor Accidents SAFETY-SOP-202.4, Safety-Health Investigation Team 5. Attachments None Rev. 1 Date: October 26, 2005 15 of 15 Book Page 55 Hard Copy Is Uncontrolled Book Page 56 FAHR COMMITTEE Meeting Date 10/12/2005 AGENDA REPORT Item Number FAHR0S-85 Orange County Sanitation District FROM: Lisa Tomko, Director of Human Resources Originator: James Matte, Safety and Health Supervisor SUBJECT: Adoption of the National Incident Management System GENERAL MANAGER'S RECOMMENDATION Adopt Resolution No. OCSD-05-XX approving the National Incident Management System for use at the Orange County Sanitation District during emergencies. SUMMARY To Bel. of Dir. 10/26/2005 Item Number In Homeland Security Presidential Directive (HSPD-5), Management of Domestic Incidents, the President of the United States directed the Department of Homeland Security to develop, review and administer a National Incident Management System. This directive also requires Federal departments and agencies to make adoption of the National Incident Management System by State, tribal and local government organizations a condition for Federal preparedness assistance. In order to be in compliance with HSPD-5, the Orange County Sanitation District must adopt the National Incident Management System (NIMS). This acceptance is required in order to maintain the Orange County Sanitation District's eligibility to receive federal grant funding related to emergency management and homeland security. In 1998, the Orange County Sanitation District began to utilize the statewide Standardized Emergency Management System (SEMS), which provides for a coordinated approach to emergency preparedness, response, and recovery. The NIMS was built on the foundation of the successes found through the SEMS and the Incident Command System (ICS). Thus, the components involved in the NIMS are already an integral part of the system Orange County Sanitation District currently uses for emergency management activities. The NIMS represents a consistent nationwide approach to work together more effectively and efficiently to prevent, prepare for, respond to and recover from domestic incidents, regardless of cause, size or complexity. It is necessary and desirable for all federal, state, local and tribal emergency agencies and personnel to coordinate their efforts to effectively and efficiently provide the highest level of incident management. The use of the NIMS standardized procedures for managing personnel, communications, facilities, and resources will ensure the Orange County Sanitation Book Page 57 District's ability to enhance readiness, maintain safety, and streamline the incident management processes. The National Incident Management System is designed to utilize standardized terminology, standardized organizational structures, interoperable communications, consolidated action plans, unified command structures, uniform personnel qualification standards, uniform standards for planning, training, and exercising, comprehensive resource management, and designated incident facilities during emergencies or disasters. The Orange County Sanitation District currently utilizes these standardized processes in responding to emergency situations. PRIOR COMMITTEE/BOARD ACTIONS None PROJECT/CONTRACT COST SUMMARY N/A BUDGET IMPACT 0 This item has been budgeted. (Line item: ) •· This item has been budgeted, but there are insufficient funds. 0 This item has not been budgeted. ~ Not applicable (information item) ADDITIONAL INFORMATION NIA ALTERNATIVES N/A CEQA FINDINGS N/A ATTACHMENTS 1. Resolution No. OCSD 05-XX H:\deptlagenda\FAHR\FAHR2005\ 1005105-85.NIMS Resolution 1005.doc Revised: 9/12/05 Book Page 58 Page 2 Resolution No. OCSD 05-XX A RESOLUTION OF THE BOARD OF DIRECTORS OF ORANGE COUNTY SANITATION DISTRICT APPROVING THE ADOPTION OF THE NATIONAL INCIDENT MANAGEMENT SYSTEM (NIMS) WHEREAS, the President of the United States in Homeland Security Presidential Directive (HSPD)-5, directed the Secretary of the Department of Homeland Security to develop and administer a National Incident Management System (NIMS), which would provide a consistent nationwide approach for Federal, State, local, and tribal governments to work together more effectively and efficiently to prevent, prepare for, respond to and recover from domestic incidents, regardless of cause, size or complexity; and WHEREAS, the collective input and guidance from all Federal, State, local, and tribal homeland security partners has been, and will continue to be, vital to the development, effective implementation and utilization of a comprehensive NIMS; and WHEREAS, it is necessary and desirable that all Federal, State, local and tribal emergency agencies and personnel coordinate their efforts to effectively and efficiently provide the highest levels of incident management; and WHEREAS, to facilitate the most efficient and effective incident management it is critical that Federal, State, local, and tribal organizations utilize standardized terminology, standardized organizational structures, interoperable communications, consolidated action plans, unified command structures, uniform standards for planning, training, and exercising, comprehensive resource management, and designated incident facilities during emergencies or disasters; and WHEREAS, the NIMS standardized procedures for managing personnel, communications, facilities and resources will improve the Orange County Sanitation District's ability to utilize federal funding to enhance agency readiness, and streamline incident management processes; and WHEREAS, the Incident Command System (ICS) components of NIMS are already an integral part of various incident management activities at the Orange County Sanitation District, including current emergency management training and exercise programs; and WHEREAS, the Orange County Sanitation District utilizes the statewide Standardized Emergency Management System (SEMS), and participates in an emergency management program involving all local water and sewer utilities Book Page 59 through the Water Emergency Response Organization of Orange County (WEROC); and WHEREAS, the California Standardized Emergency Management System substantially meets the objectives of the National Incident Management System; and WHEREAS, the General Manager, will ensure that Orange County Sanitation District personnel who are part of the emergency organization, and who are designated as California Disaster Service Workers (according to California Government Code 3100-3109), are trained and prepared to respond; and WHEREAS, the National Commission on Terrorist Attacks (9-11 Commission) recommended adoption of a standardized Incident Command System; WHEREAS, pursuant to the President's Executive Order, Homeland Security Directive (HSPD) 5, local governments are required to establish the National Incident Management System (NIMS) as the standard for incident management. NOW, THEREFORE, BE IT RESOLVED that the RESOLUTION OF THE BOARD OF DIRECTORS of Orange County Sanitation District does hereby approve and adopt the National Incident Management System as the Orange County Sanitation District's standard for incident management, and further more directs staff to implement the NIMS, including the delivery of an employee training program. PASSED AND ADOPTED at a regular meeting held October 26, 2005. Chair ATTEST: Board Secretary Book Page 60 FAHR COMMITTEE Meeting Date To Bd. of Dir. 10/12/05 10/26/05 AGENDA REPORT Item Number Item Number OMTS05-86 Orange County Sanitation District FROM: Michael D. White, Controller Originator: Angela Brandt, Accounting Supervisor SUBJECT: RESULTS OF NON-RESIDENTIAL PARCEL REVIEW PROJECT GENERAL MANAGER'S RECOMMENDATION Approve the results of the non-residential parcel review project, direct staff to use the corrected database on a "going-forward" basis, and provide direction to staff on the collection of past charges. SUMMARY In June of 2004, the Committee and Board directed staff to (1) review all non-residential parcels as to property use and square footage to determine as to whether non- residential parcels were being billed correctly; and (2) to correct the non-residential parcel database for any errors uncovered in order to collect the proper charges on the property tax bill in the future. All non-residential properties totaling 46,232 were reviewed. Adjustments were made to 1,628 parcels for a total net increase in fees of $2,984,000 for fiscal year 2005-06. Square footage adjustments were made to 51 parcels, use code adjustments were made to 1,514 parcels, and both use code and square footage adjustments were made to 63 parcels. Also in June 2004, the Committee and Board decided that they would wait to receive the results of the in-house review before making a determination as to whether any errors resulting in under or overcharges would be billed or refunded for prior years. PRIOR COMMITTEE/BOARD ACTIONS In June 2004, the Committee and Board directed staff to improve the database in-house over an extended time period using temporary employees and to determine at a later date as to whether to bill or provide refunds for under/overcharged parcels. PROJECT/CONTRACT COST SUMMARY N/A Page 1 Book Page 61 Consideration of Prior Year Corrections Adjustments have been made on a going forward basis. The Board also has the option of pursuing refunds back four years as the State law requires the Sanitation District to make refunds back four years because the user fees are collected on the property tax bill. Following are obstacles or detriments to consider in enforcing collection of unbilled or under-billed parcels for up to four years ago: • Staff would have to determine who the property owner was for each year invoiced. • Staff would also have to verify what improvements existed on the property and the use code for those improvements for each prior year invoiced. • Prior years' charges that apply to prior owners would have to be directly invoiced. This would require locating the current mailing address for prior property owners. It would also require a procedure and a practice to collect amounts invoiced but unpaid. It is expected that this collection process would incur additional legal costs. • The decision to pursue undercharged parcels back for up to four years may cause hardship to our customers. The user did nothing to cause the undercharge. They paid what we billed. It was the Sanitation District's reliance on incorrect data that caused the error. • The potential exists for class action lawsuits and higher legal fees if the Sanitation District decides to bill for four years back. • The billing and collection of all past undercharges are subject to rebate if the property owner can substantiate that the property sewer use was less than the underlying basis used in calculating the sewer service user fee based on actual water consumption. Maintenance of the Non-Residential Parcel Database Staff is committed to maintaining the accuracy of the non-residential parcel database by reviewing with in-house resources 20 percent of all non-residential parcels to ensure the accuracy of site use and building square footage. Under this program, all non- residential parcels will be reviewed at least once every five years. The number of non-residential parcels for fiscal year 2005-06 is 46,695. Revenue Section staff will review 20 percent, or 9,339 of these parcels during the current year using the same procedures identified during the parcel review project. Page 3 Book Page 63 FUTURE ALTERNATIVES FOR CONSIDERATION Direct staff to analyze the 65 parcels overcharged in FY 2004-05 and provide rebates for each year of overcharges back for a period of four years; and 1. Direct staff to collect the additional fees on the 1,563 parcels undercharged in FY 2004-05 for a specific number of years up to four; or 2. Direct staff to solicit water consumption data on the 1,563 parcels undercharged in FY 2004-05, and to collect past undercharges based on the correct user charge fee or fee as calculated by water consumption, which ever is less, for a specific number of past years up to four; or 3. Direct staff to focus solely on maintaining the accuracy of the database and to collect the adjusted fees only on a "going-forward" basis. ATTACHMENTS 1. Staff Report to FAHR dated June 9, 2004 • Memo from Director Mike Duvall • Matrix Comparing Alternatives MW Page 4 Book Page 64 FAHR COMMI TT.EE AGENDA REPORT Orange County Sanitation District FROM: Mike Duvall, Director Blake P. Anderson, General Manager Gary G. Streed, Director of Finance Meeting Date To Bel. of Dir. 06/09/04 06/23/04 Item Number Item Number FAHR04-60 SUBJECT: PROPOSAL FOR CONTRACTUAL SERVICES TO REVIEW AND TO COLLECT SEWER SERVICE USER CHARGES ASSESSED NON-RESIDENTIAL PARCELS GENERAL MANAGER'S RECOMMENDATION That the FAHR Committee recommend the Board of Directors direct staff to proceed to evaluate non-residential parcels to determine if they have been undercharged for annual sewer service user fees and, if so , to collect the proper charges on the property tax bill on a going forward basis. · SUMMARY In December 2003, the FAHR Committee reviewed a staff report and consultant's proposal and a verbal presentation from the consultant's representative. The Committee voted to move the proposal directly to the Board without a Committee recommendation. At the January 2004 Board meeting, the Directors again heard from the consultant's representative. After considerable discussion, the Board referred the proposal and alternatives to the FAHR Committee for a recommendation. At the March 2004 FAHR Committee meeting, the Committee asked Director Mike Duvall to accept the recommendation of the consultant to visit his business. Director Duvall did spend several hours at the site as he briefly reported at the last Committee meeting. Subsequent to that visit and the Committee meeting, Director Duvall also interviewed staff. Attached to this agenda report is Director Duvall's report and recommendation to the Committee. Also attached is a matrix that staff developed in an attempt to summarize the pros and cons of the three alternatives. PRIOR COMMITTEE/BOARD ACTIONS NIA Book Page 65 PROJECT/CONTRACT COST SUMMARY The original Revenue Enhancement Group proposal for this work was $2.5 milfion, plus 15% of any identified undercharges over $3.5 million. The proposal is for undercharges to be calculated for the current tax year and for the prior four tax years, for a total of five years. An additional amount of $90 pe r parcel would be charged if the number of parcels reviewed exceeds 28,608, in addition to the 15%. The first $1 million would be due when the contract is signed. The work was originally proposed to be completed by August 1 , 2004. Because the scope of the project is recommended to increase to include all non-residential parcels, the number of parcels has been established as 46,500. Staff has not received a revised proposal, but at the January 2004 Board meeting, the consultant's representative stated that the price was now $90 per parcel. This was verbally confirmed by the consultant at the March Committee meeting . Assuming the revised parcel count of 46,500, the total cost would be $4, 185,000. No competitive proposals have been solicited from other potential consultants. However, staff has discussed a hypothetical project of this type with two other "direct assessment" firms. One firm said it would definitely submit a proposal if asked and the other said it would not, because of its work for property owners and the potential for a conflict of interest. A private citizen who seems to review these fees as a hobby has also suggested he would like to help us. Subsequent to an article in the Orange County Register, three additional consulting firms contacted the District and asked to be considered if an RFP was issued. The consultant has told the Directors, and claims in their proposal, that there are recoverable undercharges of at least $3.5 million. This would be the total of alleged undercharges for five years, not the annual undercharge or recovery. One of the other consultants that staff contacted estimated that statistically there could be as much as $1 million per year, but it had no real data. The other reported that it seldom came across undercharges while researching for refund clients. The cost for staff to complete the review of the non-residential parcels that have not already been reviewed, including site visits is estimated to be a maximum of 2,902 person days, or about 11 person years. To complete the work in nine months with staff and temporary employees would require an additional 13.5 employees for the nine months. Staff estimates the review could be completed in-house for under $750,000 or approximately $16 per parcel. BUDGET IMPACT IZI This item has been budgeted. (Line item: 2004-05 Collection System O&M) D This item has been budgeted, but there are insufficient funds. D This item has not been budgeted. (See Additional Information below) D Not applicable (information item) H:\deptlagenda\FAHR\FAHR200511005I05-86.Results of Non-Residential Parcel Review-Att 1.doc Revised: 06/04/03 Book Page 66 Page 2 ADDITIONAL INFORMATION Please see attached memo from Director Duvall. ALTERNATIVES 1. Direct staff to conduct a formal RFP process, compare the results to the costs to complete the process in-house and return to FAHR with a recommendation. 2. Direct staff to improve the database in house over an extended time period using fewer temporary employees. 3. Direct staff to improve the database in-house over an extended time period using a combination of additional FTEs and temporary employees. Two additional FTEs would ensure that the database was reviewed and updated annually. 4. Direct staff to determine the feasibility of agreements with all or several firms that process refund requests to also process undercharge adjustments on a contingency basis. 5. Authorize the consultant's work but do not go back four years to collect past undercharges. CEQA FINDINGS N/A ATTACHMENTS 1. Memo from Director Mike Duvall 2. Matrix Comparing Alternatives GGS H:ldept\agenda\FAHRIFAHR2005\1005\05-86,Resulls of Non-Residential Parcel Review-At! 1.doc Revised: 06/04/03 Book Page 67 Page 3 Book Page 68 May 24, 2004 To: From: FAHR Committee Mike Duvall MEMORANDUM Subject: NON-RESIDENTIAL SEWER SERVICE FEES Revenue Enhancement Group At the Committee's direction and as I reported at the meeting last month, I spent several hours with the Revenue Enhancement Group. Subsequently I met with Gary and his staff for a few hours to review my findings. The Revenue Enhancement Group has a very impressive operation. They have computers, data bases, programs and internet access that they have developed to sort properties and to compare the District's sewer service fee for apparent reasonableness. They have purchased a copy of the sewer service fees charged each parcel in our data base from the District. The staff at Revenue Enhancement Group seemed knowledgeable with their programs and about their capabilities and their results. They told me they run across undercharges all the time, but do nothing with them since they are paid for getting refunds. They did not show me any examples of parcels that were apparently undercharged except for parcels that are owned by some of the member cities. They did show me two Permit User files that Revenue Enhancement Group believes are being mismanaged by District staff. They believe that the current charges are incorrect for the Register and for Kimberly-Clark. Basically, they want us to refund property taxes paid by the Register if they exceed the water based fee for use. Of course, the rates for Permit Users are calculated after deducting property taxes from our costs. Besides that, property taxes are governed by the State and are based upon property value; they are not related to sewer use. Kimberly-Clark was pointed out as an example of poor use of the data base because the square feet of building jumped significantly, nearly doubled, in one year. While this jump may not accurately reflect the growth on the site, it is the way the data appeared on the Assessor's data base as I confirmed with staff. In this case, that jump didn't Book Page 69 Non-Residential Sewer Service Fees Page 2 of 4 May 24, 2004 affect the total charges because Permit Users are charged based upon their actual flow and strength. I'll talk some more about new construction later. District Staff When I met with Gary and his staff expert, Angela, I was very blunt about what I had seen and what I had been told. I also told them that I had been very impressed with the operation at Revenue Enhancement Group. Staff walked me through a couple of examples of how a fee gets put on the property tax bill. They showed me the information that they get from the County Assessor and how that information determines the sewer user fee. Staff told me that the Assessor and his IT contractors were meeting to be certain that they were giving us everything we wanted and needed. Turns out that some Assessor programs had been changed without appropriate updates to their programs that share data with the District. These will be fixed . We discussed the timing of changes to the non-residential data base for additions and new construction because I wondered why the connection fee data was not used. Staff told me that the information received from some cities was not sufficiently detailed to get the specific site information and that the connection fees were paid at the start of construction while the user fee wouldn't be due until after occupancy. Nonetheless, staff will work with the cities and the sanitary districts to get additional site information with the connection fees. This is expected to take a few months to get in place. This information will be used to flag the parcel for review each year pending the change on the Assessor's data base. I asked staff about parcels that are not being charged on the property tax bill. Staff told me that policy is for every parcel that uses the sewer to be charged on the property tax bill but that they have become aware during the last year that some are not. In 1999- 2000 the Board hired a consultant, like Revenue Enhancement Group, to review parcels that were not being charged. Because the Directors preferred a contract with a set cost rather than one based upon fees recovered, the number of parcels reviewed had to be limited. The limitation method staff and the consultant agreed upon was to select parcels that had development indicated but no corresponding square feet. This method resulted in additional income that offset the consultant cost, but it left many parcels un-reviewed and uncharged. Many parcels owned by governmental agencies were shown in the District's copy of the data base as having no square feet and no improvement value. This was unknown and unexpected at the time, but seems obvious today. My next question was why these mistakes, errors or omissions hadn't been corrected if staff was aware of them. Staff reminded me that the sewer user fees are only generated once a year on the property tax bill. They have been accumulating changes waiting for resolution of who will do the data base review so that any changes can be BookPage 70 Non-Residential Sewer Service Fees Page 3 of 4 May 24, 2004 properly reported, accounted for and paid for in the event that a consultant is hired to review all of the non-residential properties. Staff will make all of the changes they are aware of before the next assessment run as it appears unlike that any consultant will be able to provide meaningful data or changes in time for this year's process. Sometime during my discussion with Gary and Angela I became comfortable with their understanding of the user fee program, of the problems with using the Assessor's data base and of their commitment and ability to improve the system and the results. They also told me that the Accounting Division has requested, and Blake has authorized, two additional permanent full time positions in next year's budget to keep the data base current and to research past and future changes. These additional resources will allow more frequent site visits as well as data base review and will provide the opportunity to make certain that past adjustments are appropriate in the future. Four year recovery When I started my meeting with staff I was convinced that it was only fair to bill users to recover any undercharges for the same four-year period that we make refunds. Staff reminded me that the State law requires us to make the refunds for four years only because we collect the user fees on the property tax bill. They also reminded me that most of the uncharged parcels are uncharged because they are coded as "tax-exempt". This means that most of the parcels that we could be billing for four years, or for however many years we decided, would be publicly owned or would be churches. These users would have to be treated the same as other non-residential users for this recovery. I know that cities and sanitary districts are struggling to adopt balanced budgets at this time, and that the State is taking money away from all of us. I'm not certain it is good public policy to ask us to use even more of our scarce tax-payer money to pay an enterprise special district that can raise user fees, just because that agency failed to charge fees when they were due. Determining the appropriate fee for prior years would be easy for properties that have not changed over the period. It will be much more difficult, time-consuming and costly if the property has been remodeled, developed, sold or changed use in any or each of the prior years. We don't know if any additional fees would be due and we don't know if they would offset the cost. Prior year's charges could probably be placed on the property tax bill. This would require programming changes and a new code from the County Auditor Controller's Office. Staff suggests that using the County data processing contractor to improve our data base rather than to make these changes would be more cost effective in the long run. Prior years' charges that apply to prior owners would have to be directly invoiced. This would require locating the current mailing address for prior property owners. It would also require a procedure and a practice to collect amounts invoiced but unpaid. It is expected that this collection process would incur additional legal costs. Book Page 71 Non-Residential Sewer Service Fees Page 4 of 4 May 24, 2004 When I considered all of these issues and I weighed them against the uncertain amount of the returns, as well as the fact that the District has the ability to raise rates and that our local agencies could be paying most of the fees, I changed my mind. I recommend that we fix the problems in the data base and in the billing system and we move forward. I believe staff understands how important it is to the Directors to manage this program properly and to collect the fair share from every user. Their efforts should be put into correcting and managing the system. Correcting the Data Base Over the past several months, the FAHR Committee has considered three options to correct the data base. I think each of us has probably developed a favorite plan by now and I'm certain that each of us is anxious to move forward. The first option appears to be the most expensive and the least time consuming. The Revenue Enhancement Group first brought us a potential proposal which has been subsequently modified. The current proposal is to review every non-residential parcel for a fee of $90 per parcel. The total cost to review every parcel would be nearly $4.2 million. Perhaps some parcels could be excluded or a range of per parcel fees could be negotiated. The fee has not been tested in the marketplace. The second option will take somewhat more time, but would allow the Revenue Enhancement Group to compete for the work while providing payment to the private sector. This option is to release an RFP to several firms that have expressed interest in the work and that have experience in this type of work. Besides the firms that process refund requests from the District, two national and well-known firms have asked to be included if an RFP is released. Staff brought us a draft RFP in February and could have that on the street by the end of the month. The cost for this option is unknown at this time. The final option is the least expensive, places the highest demand on staff, can be started immediately and is staff recommendation as well as my own. Staff wants to manage and to conduct this process. They have estimated a total maximum cost of nearly $750,000. This is a sizeable project. Costs include up to 20 temporary employees with either business or math background or education. Much of this work can be completed this summer while colleges are not in session. Staff has many of the same programs that the private consultants have and has an even better understanding of the data bases and of our user fee program. Perhaps most importantly, whatever staff learns from the process will stay in-house for future benefit and use. MD:lc Book Page 72 June 9, 2004 Non-Residential User Fee Evaluation Alternatives Award Sole Source to Conduct RFP for Use Staff and Temporary REG Consultant Employees Pros: Allows immediate start after Provides price competition. Estimated cost to evaluate is about Board award. 15-20% of REG proposal. Utilizes proven knowledge, skills RFP will be sent to companies Existing staff is expert in evaluating and abilities. currently in assessment business properties and has proven skills and and expected to be competent. abilities. REG understands District user Follows Purchasing Resolution Agreements are already in place with fee proqram. protocol. aqencies for temporary help. Provides mechanism for District to Temporary staff will be paid by the define payment terms. hour, not based upon new revenue I production. Provides choice of consultant based Existing staff completely understands on cost or other significant District program and Assessor codes. differences. Revenue Enhancement Group will No conflict for staff. be invited to propose during I Process. Upon completion staff will be 100% certain of diligence and accuracy of effort. Cons: Doesn't provide price Requires 60 days or so for RFP Requires some time to recruit and competition. process and Board award. train temporary staff. Requires staff time to audit and Requires staff time to audit and Requires staff time to audit and manage consultant efforts and manage consultant efforts and supervise temporary staff. results. results. Doesn't follow Purchasing Consultant may require some Resolution protocol. training, but is probably familiar with District program. Creates possibility of consultant Creates possibility of consultant processing refund requests processing refund requests based based upon adjustments they upon adjustments they recommended. recommended. Could create conflict of interest Could create conflict of interest with with existing REG fee reduction existing fee reduction clients. clients. Upon completion of the project, Upon completion of the project, District will be relying on District will be relying on diligence diligence and accuracy of and accuracy of consultant's effort. consultant's effort. Price per parcel needs to be clarified as proposal was modified in Board presentation. Book Page 73 Book Page 74 FAHR COMMITTEE AGENDA REPORT Orange County Sanitation District FROM: Bob Ghirelli, Acting Director of Public Affairs SUBJECT: Public Affairs Strategic Plan FY 2005-2006/Quarterly Update GENERAL MANAGER'S RECOMMENDATION For information only SUMMARY Meeting Date 10/19/05 Item Number FAHR0S-87 This quarterly review provides an update on the objectives from the FY 2005-06 Strategic Plan. PRIOR COMMITTEE/BOARD ACTIONS FY 2005-2006 Plan received and filed by Board on 6/8/05. PROJECT/CONTRACT COST SUMMARY N/A BUDGET IMPACT D This item has been budgeted. (Line item: ) D This item has been budgeted, but there are insufficient funds. D This item has not been budgeted. 1:8'.1 Not applicable (information item) ADDITIONAL INFORMATION Board Services Objectives: 1. Board Information To Bd. of Dir. Item Number a. All Board and Committee proceedings were done and published on the website b. The Board and Committee Calendars were published for the year. c. Mailing lists were up dated monthly d. Board and Committee Agenda Packages were mailed 5-7 days in advance of the meetings H:\depl\agenda\FAHRIFAHR200511005\05-87.PA Strategic Plan update.doc Revised: 06/04/03 Book Page 75 Page 1 2. Records Management a. Division Records Coordinators meeting was held 10/5 and the fall records cleanup days will be November 8th -10th • b. Public Records Act Request Training was held for Project Managers in July c. 17 PRA's were received in the first quarter with 9 handled with in 24 hours. 3 required extensions beyond the 10 days, 2 are on hold because the information is not yet available, and 1 customer declined to pay the copy charges. d. A new information sheet was prepared for new employees, with an overview of our Records Management Program, the Public Records Act, and a listing of Division Records Coordinators. e. An article regarding the Public Records Act was published on MyOCSD. 3. Other Administrative Services a. User group for Meeting Services held and the Meeting Planner Form revised with suggestions from the group Public Information Office Objectives: 4. Biosolids a. Public Information Office developed new fact sheet outlining the biosolids management program. b. Public Affairs is currently working with the biosolids management team to redesign biosolids website for better functionality. 5. Community Edueation and Outreach Program a. Sewer Science -Classes scheduled for February at Tustin High School, March at Edison High School, Huntington Beach and May at Century High School, Santa Ana. b. Tours and Education -over 200 peopled toured the facilities during the months on July, August and September. c. O\ler 30 OCSD employees participated in three outreach events: Leadership Institute for Teens, Bring Your Kid to Work Day and Pollution Prevention Week. 6. Constru ction/Cap ital Improvement Program (CIP) a. The Public Information Office provided briefings, collateral materials, media alerts and other information to the community and Board on the A St. and 14th street pump stations, and two Tustin projects. b. During this past quarter, OCSD has notified close to 10,000 residents, businesses and schools in surrounding project areas via information pieces about construction activity in their vicinity. c. Participated in two home owner association meetings for the Bitter Point Pump Station. H:ldeptlagenda\FAHRIFAHR2005\1005\05-87.PA Strategic Plan update.dOc Revised: 06104/03 Book Page 76 Page 2 7. External Communications a. Maintained and updated media lists during first quarter. b. Wrote and distributed seven press releases, including: 8/29/2005: Blake P. Anderson Named Director-at-Large 8/18/2005: Orange County Sanitation District Announces the Director of Regional Assets and Services 8/9/2005: OCSD Receives $1.6 Million Federal Grant 7/21/2005: Orange County Sanitation District Names the Director of Operations and Maintenance 7/19/2005: OCSD's Written Investment Policy Certified by the Municipal Treasurer's Association of the United States and Canada 7/15/2005: OCSD is Honored with Three Awards from the Public Relations Society of America's Orange County Chapter c. Developed "Year in Review" brochure that promotes OCSD's mission to protect the public health and environment, and build a positive image and awareness of OCSD. To be published by end of October 2005. 8. Groundwater Replenishment (GWR) System a. Worked with OCWD to secure a new public relations firm for GWR; new consultant to be awarded in October 2005. b. Represented OCSD at all GWR System public affairs meetings, Public Information and Education meetings and Steering Committee meetings. 9. Internal Communications a. Updated content on MyOCSD with over 60 news articles. b. Published 3 Pipeline News Issues. c. Communications Assessment conducted in May. Planning has begun for a follow up Assessment to be conducted in November to evaluate modifications made to the internal program. 10. Unifying Strategies a. Wrote three asset management stories for OCSD Web site i. Asset Management: Interested in Learning More? ii. Asset Management: Do you know what value of our assets is? iii. The Future of Asset Management b. Developed E-Subscription for Asset Management. H:\dept\agenda\FAHRIFAHR2005\1005\05·87.PA Strategic Plan update.doc Revised: 06/04/03 Book Page 77 Page3 Legislative Advocacy and Grants Division Objectives: 11 . Legislative Advocacy a. Participated in weekly legislative meetings. b. Track bills and legislative activities. c. Developed a draft legislative agenda. 12. Grant Program Development and Compliance Identified additional funding opportunities, submitted grant applications and administered the grants program to ensure compliance for the following grants: a. NRCS grant application for SARI Repair Project -Phase II, grant award of $1.6 million, incorporation of federal grant requirements into bid documents, and presentation of federal grant requirements to prospective vendors during pre-bid meeting. b. Disaster assistance paperwork submitted to FEMA for reimbursement of SARI Repair Project -Phase I costs. Project currently under environmental review but approximately $920,000 is anticipated to be awarded to OCSD through FEMA. c. Revised ST AG application for Secondary Treatment to combine 04-05 federal earmarks thereby reducing reporting requirements. d. Started revising legislative advocacy efforts including bill tracking process, Legislative Agenda Report development, and revising intranet webpage. e. Submitted Final Report and request for reimbursement to SCAQMD for the $24,000 grant received for the CNG Refueling Station Upgrade Project. f. Submitted Quarterly Report to SWRCB for the FOG Control Study grant. ALTERNATIVES NIA CEQA FINDINGS NIA ATTACHMENTS N/A H:\dept\agenda\FAHRIFAHR2005\1005\05-87.PA Strategic Plan update.doc Revised: 06/04/03 Page4 Book Page 78 l FAHR COMM ITTEE AGE NDA REPORT Orange County Sanitation District FROM: Lorenzo Tyner, Director of Finance/Treasurer Originator: Michael D. White, Controller Meeting Date To Bel. of Dir. 10/12/05 10/26/05 Item Number Item Number FAHR05-80 SUBJECT: TREASURER'S REPORT FOR THE MONTH OF SEPTEMBER 2005 GENERAL MANAGER'S RECOMMENDATION Receive and file Treasurer's Report for the month of September 2005. SUMMARY Pacific Investment Management Co. (PIMCO), serves as the Orange County Sanitation District's professional external money manager, and Mellon Trust serves as the Sanitation District's third-party custodian bank for the inve~tment program. Some funds are also deposited in the State of California Local Agency Investment Fund for liquidity. The Sanitation District's Investment Policy, adopted by the Board, includes reporting requirements as listed down the left most column of the attached PIMCO Monthly Report for the "Liquid Operating Monies" and for the "Long-Term Operating Monies" portfolios. The Sanitation District's external money manager is operating in compliance with the requirements of the Investment Policy. The portfolio contains no reverse repurchase agreements. As shown on page 2 of the attached PIMCO's Performance Monitoring and Reporting Report for the Long-Term Operating Monies, there is one investment policy compliance exception. It pertains to the holding of one security within PIMCO's Long-Term Operating Monies Portfolio that had an acceptable rating at the time of purchase but has since fallen below the minimum rating allowed by the investment policy. The Sanitation District's investment policy requires a minimum rating of A3 by Moody's or A- by S&P, with at least a BBB rating in the event of a split rating, at the time of purchase. The rating exception pertains to the holding of a United Airlines (UAL) Asset Backed Security with a par value of $1.6 million, representing 0.47 percent of the portfolio holdings, whose rating from Moody's has fallen several times, from A3 to BA 1, then to BA3, 83, B, and finally to CA. Likewise, the rating from Standard & Poor's has also fallen several times, first from A-to BBB, then to BB, then to B+, 8-, and finally to CCC+. Both rating agencies have since withdrawn their ratings, Moody's in February 2004 and Standard & Poor's in June 2004. Although these ratings are less than what is required at the time of purchase, PIMCO believes, based on the financial strength of UAL and the underlying collateral of the security, that the Sanitation District would suffer an unwarranted loss if the security was sold at this time. H:ldept\agenda\FAHRIFAHR2005\1005\05-B0.Treasurer Report.doc Page 1 The Sanitation District's investment policy does not require any action because of "credit watch" notices or the decline in credit standing. However, PIMCO will continue to monitor the credit for this security very closely. Historical cost and current market values are shown as estimated by both PIMCO and Mellon Trust. The Sanitation District's portfolios are priced to market ("mark-to-market") as of the last day of each reporting period. The slight differences in value are related to minor variations in pricing assumptions by the valuation sources at the estimate date. BUDGET IMPACT • B fZl This item has been budgeted. (Line item: ) This item has been budgeted, but there are insufficient funds. This item has not been budgeted. Not applicable (information item) ADDITIONAL INFORMATION Schedu'les are attached summarizing the detail for both the short-term and long-term investment portfolios for the-reporting period. In addition, a consolidated report of posted investment portfolio transactions for tfle month is attached. The attached yield analysis report is presented as a monitoring and i:ep,ortihg enhancement. In this report, yield calculations based on book values and market values are shown for individual holdings, as well as for each portfolio. Mellon Trust, the Sanitation District's custodian bank, is the source for these reports. Transactions that were pending settlement at month end may not be reflected. Also provided is a summary of monthly investment balances and transactions within the State of California Local Agency Investment Fund (LAIF). These reports accurately reflect all Sanitation District investments and are in compliance with the Sanitation District's Investment Policy and previous requirements of California Government Code Section 53646. Government Code Section 53646 mandated that annual investment policies and quarterly reports be rendered to the legislative body. AB2853, which was signed on September 29, 2004, amends Government Code Section 53646 to remove the requirements; the rendering of these documents is optional. Although the Annual Investment Policy and Monthly and/or Quarterly Reports are no longer required, we believe it prudent to continue providing the legislative bodies with these documents. In addition, Government Code Section 53607 has not been repealed that requires an annual delegation of investment authority to the Treasurer and the submission of reports that include investment transactions by month. Sufficient liquidity and anticipated revenues are available to meet budgeted expenditures for the next six months. The tables on the following page details the book balances of the Sanitation District's investment accounts at month-end and a summary of the Cost of Funds on debt issues. A graphical representation of month-end balances is shown on the attached bar chart. H:\deptlagenda\FAHRIFAHR2005\1005105-80.Treasurer Report.doc Page 2 Book Balances Estimated Investment Accounts September 30, 2005 Yield(%) State of Calif. LAIF $7,180,808 3.18(1) Union Bank Checking Account 964,572 3.18(1) Union Bank Overnight Sweep Account 301,000 2.95 PIMCO -Short-term Portfolio 59,221,453 3.79 PIMCO -Long-term Portfolio 251,250,513 4.45 Petty Cash 4.000 N/A TOTAL $311:1922 346 4.29 Debt Service Reserves w/Trustees $6416Z 568 3.98 (1) This 1s the annualized yield for the month of August. The September annualized rate was not available as of the date of this report. Cost of Funds Issue Description 1992 Syn Fixed 1993 Syn Fixed 2000VRDO 2003 Fixed TOTAL Weighted Avg Cost of Funds ALTERNATIVES NIA CEQA FINDINGS NIA ATTACHMENTS Annual Outstanding Interest COP Balance Rate(%) $ 100,275,000 5.55 42,050,000 4.56 199,000,000 2.38 280,000.000 5.15 lll62l 325 QQQ 4.29 1. Graph of Monthly Investment Balances by Type -Last Six Months 2. Investment Transactions and Balances in the State Local Agency Investment Fund 3. PIMCO Monthly Investment Recap & Yield Analysis Report 4. PIMCO Performance Monitoring Report -Liquid Operating Monies 5. PIMCO Performance Monitoring Report -Long-Term Operating Monies 6. Mellon Trust Asset Summary by Asset Type with Sectors -Liquid Operating Monies 7. Mellon Trust Asset Summary by Asset Type with Sectors -L-T Operating Monies 8. Mellon Trust Yield Analysis Report 9. Mellon Trust Asset Detail -Consolidated 10. Mellon Trust Transaction Detail -Consolidated MW:bg H:ldeptlagenda\FAHRIFAHR2005\1005\05-B0.Treasurer Report.doc Page 3 Orange County Sanitation District Investment Transactions and Balances in the State of California Local Agency Investment Fund September 30, 2005 Par Value Book Value Market Value Balance September 1, 2005 $7,580,808 $7,580,808 $7,580,808 Deposits: 9/8/2005 6,000,000 6,000,000 6,000,000 Total Deposits 6,000,000 6,000,000 6,000,000 Withdrawals: 9/14/2005 (1,500,000) (1 ,500,000) (1,500,000) 9/23/2005 (4,000,000) (4,000,000) (4,000,000) 9/26/2005 (900,000) (900,000) (900,000) Total Withdrawals (6,400,000) (6,400,000) (6,400,000) Balance September 30, 2005 $7,180,808 $7,180,808 $7,180,808 (1) Rate 3.18 3.18 3.18 3.18 3.18 3.18 3.18 3.18 (1) This is the annualized yield for the month of August. (1) Yield 3.18 3.18 3.18 3.18 3.18 3.18 3.18 3.18 The September annualized rate was not available as of the date of this report. PIM C 0 October 7, 2005 Mr. Mike White, CPA Controller Orange County Sanitation District l 0844 Ellis A venue Fountain Valley, CA 92708-7018 Dear Mike: The following is a description of events in the bond markets during the month of September in addition to an analysis of the strategies undertaken in the Orange County Sanitation District's Long-Term and Liquid portfolios over the period. Also included is a section on our outlook and preferred strategies to be pursued in your portfolios during the coming months. Bond Market Recap: The bond market sold off in September as the majority of fixed income sectors posted negative returns. U.S. Treasuries returned -1.33 percent over the month, underperforming the S&P 500 return of +0.81 percent. Yields on U.S. Treasuries rose sharply across all maturities, largely driven by concerns of accelerating inflation and another rate hike by the Fed. Mortgage-backed securities returned -0.53 percent, slightly underperforming Treasuries by 5 basis points after adjusting for duration. Corporate bonds returned -1.5 percent as measured by the Lehman Credit Index, marginally underperforming Treasuries by 2 basis points after adjusting for duration. High yield bonds outperformed both Treasuries and investment-grade issues, with the Lehman High Yield Index returning -1.0 percent. The Lehman U.S. TIPS Index returned -0.14 percent in September, surpassing comparable nominal Treasuries for the month. The benchmark 10-year Treasury yield climbed steadily in September, ending the month at 4.33 percent, 31 basis points higher than the beginning of the month. While overall economic data was mixed, the market focused on positive indicators that suggested economic growth and higher inflation; unit labor costs rose more than forecasted for the second qua11er, unemployment fell from 5.0 percent in July to 4.9 percent in August, and U.S. service companies reported unexpected strong growth for the month. Further implications of economic growth were lower oil prices, which fell from a prior-month record high of 70 dollars a barrel, as Hurricane Rita spared Houston's oil refineries from a direct hit. Investor concern about the increase in U.S. government debt needed to pay for the Hurricane Katrina's damages provided additional upward pressure on rates. Finally, U.S. Treasury yields were further lifted, as investors concluded that the Fed would continue to raise rates. On September 20, the Federal Open Market Committee (FOMC) met the market consensus and raised short-term rates a quarter point for the 11th consecutive time to 3. 75 percent, indicating that inflation pressures are building and that "measured" rate increases are likely to continue. The Fed will meet two more times this year, on November l st and December 13th. On the inflation front, the Labor Department reported that Core CPI gained 0.1 percent and Core PCE rose 0.2 percent over the month. GDP growth for the second quarter remained at 3.3 percent annualized, a slight decrease from the 3.8 percent growth rate in the first quarter. Mr. Mike White, CPA Orange County Sanitation District October 7, 2005 Page2 Treasury yield changes during the month of September are summarized as follows: • 3-month bills: +4 basis points to 3.54% • 6-month bills: +21 basis points to 3.92% • 2-year notes: +35 basis points to 4.16% • 5-year notes: +33 basis points to 4.19% • 10-year notes: + 31 basis points to 4.32% • 30-year notes: +31 basis points to 4.57% Performance Attrihutitm: Long-Term Portfolio The Long-Term portfolio that PIMCO manages on behalf of Orange County Sanitation District returned -0.41 % on a total return basis for the month of September, outperforming the Merrill Lynch 1-5 year Government Corporate Index by 9 basis points. The following points summarize returns for the month ended September 30: • The Long-Term portfolio outperformed the benchmark by 9 basis points for the month. • For the twelve-month period, the Long-Tenn portfolio returned 1.98%, outperforming the benchmark by 96 basis points. • Portfolio duration, near the benchmark during the month, was neutral for performance as interest rates rose across the yield curve. • Yield curve positioning similar to that of the index was neutral for performance. • An underweight exposure to corporates was positive for performance as the credit sector underperformed Treasuries on a duration-adjusted basis. • Exposure to mortgage-backed securities was negative for performance as the sector lagged Treasuries on a duration-adjusted basis. Liquid Portfolio The Liquid portfolio that PIMCO manages on behalf of Orange County Sanitation District generated a total return of 0.30% during the month of September, slightly outperforming the 3- month Treasury Bill Index. The following points summarize returns for the period ending September 30: • The Liquid portfolio outperfonned the benchmark by 3 basis points for the month. • For the twelve-month period, the Liquid portfolio returned 2.68%, outperforming the benchmark by 16 basis points. • Use of higher yielding securities such as commercial paper and short-term notes contributed to performance. Mr. Mike White, CPA October 7, 2005 Page 3 Orange County Sanitation District Outlook awl Strategv: The U.S. economy will grow more slowly over the next year with some increase in headline consumer price inflation. Despite this inflationary pressure, the yield on the 10-year Treasury is unlikely to move much beyond 4.50 percent, and could fall to 3.75 percent. The combination of slower growth and continued flows of capital into U.S. fixed income markets from high saving countries will keep rates in this range. The Federal Reserve will stop tightening at a federal funds rate near 4 percent as growth decelerates and the housing market cools. A higher than usual level of uncertainty is attached to PIMCO's forecast because it is not clear how several key factors will play out. The first is the lagged impact of higher energy prices over the past year, driven by increased demand from China and elsewhere. J\nother is the more recent jolt delivered by higher natural gas and gasoline prices in the aftermath of the hurricanes on the U.S. Gulf Coast. Additionally, the U.S. economy will be hit with a slowing property market arising from reduced affordability of housing. An offsetting positive factor is the continued strength of U.S. corporate investment. The key elements of PIMCO's forecast are: • • • • • A Slowdown In U.S. Housing ... The direction of the U.S. housing market will be a critical factor in determining Fed policy over the next year. Recent gains in the U.S. property market have not only supported consumer confidence but also produced a surge in housing-related employment and residential investment. The greatest threat to the housing market is a decline in affordability. The last decade's gains in home prices relative to incomes are not sustainable because higher mortgage rates and increased energy prices will reduce what consumers can afford . ... But Not A Collapse -PIMCO believes that while the U.S. property market suffers from regional froth, the bubble does not extend nationwide. A soft landing, meaning a slowing in the rate of appreciation but not a crash, is the most likely scenario. Housing is not expected to crash because supply and demand around the country are relatively balanced, lending conditions are favorable and low unemployment continues to support personal incomes and demand. European Growth To Remain Meager -Domestic demand in Euroland is weak even though the region has enjoyed housing gains relative to personal incomes that exceed those in the U.S. The reason is anemic real wage growth, which dampens consumer confidence. There is no reason to expect these conditions to change over a cyclical time frame. Should the European Central Bank take any action over the next year, it will likely be in the direction of easing. Japan and China To Contribute -Japan's recovery appears durable after many false starts in the recent past. While investment by Japanese companies still lags their cash flows, the momentum in capital spending is strong. Consumer confidence is on the rise given improved labor market conditions and wage gains. Lower expected volatility in China's economy will be positive for growth throughout Asia. Tighter credit conditions have cooled the surging Chinese property market and prodded a shift in investment away from real estate. China's recent revaluation is expected to have little impact on its trade balance as wage differentials between China and developed economies remain substantial. Benign Core Inflation -Strong competition in globally traded goods and services will restrain core inflation (CPI less food and energy prices) even as headline inflation measures rise. Inflation is well contained in Euroland, where slow gro'A-1h has driven core inflation below 2 percent. Japan will likely tum the corner from deflation to modest inflation. Mr. Mike White, CPA Orange County Sanitation District October 7, 2005 Page4 To the extent that guidelines allow, PIMCO will employ a diverse range of strategies to enhance portfolio yield while still protecting investors' capital if macroeconomic stability unravels. Key strategies will include: • Interest Rate Sh·ategies -We wi ll target durati.on moderately above the index given an expected slowdown in growth but retain tactical flexibility to trim this exposure should rates drop toward the fower end of our forecasted range. PIMCO will avoid longer maturity U.S. Treasuries, which offer little extra yield now that the yield curve has flattened considerably and are more sensitive to shifting expectations for headline inflation. Shorter maturities that react more to central bank policies are a better value given our forecast that Fed tightening will stop neaT 4 percent. • Mortgage-Backed Bonds -PlMCO will overweight mortgage-backed bonds, which continue to be an important structural holding because of their high credit quality and yield advantage versus Treasuries. However, most of PIMCO's added value will come from mortgage coupon and security selection. • Corporates -Valuation continues to be a major risk in th corporate bond markets . With corporate credit premiums overaJ] near historic lows, PIMCO will retain its underweight to corporates. Pockets of value do exist, however, in select sectors with strong collateral protection such as autos, telecom anJ utilities. We look forward to discussing these and other topics with you in the near future. Best regards, Christine Telish, CF A Vice President John M. Miller, CPA Senior Vice President Orange County Sanitation District for the month ending September 30, 2005 Total Return Account -203 WiLh Acl'rucd li1tcrest Market Value Book Value Yield to Maturity Short Term Account -603 253,447,399 253,023,875 4.45 With Accrued Interest Market Value Book Vulue Yield to Maturity 59,468,762 59,472,779 3.79 Without Accrued Interest 251,371,687 250,948,164 4.49 Wilham Accrued ln1crest 59,227,858 59,231,874 3.81 MONTHLY REPORT ORANGE COUNTY SANITATION DISTRICT INVESTMENT MANAGEMENT PROGRAM PIMCO'S PERFORMANCE MONITORING & REPORTING (for the month ended 30 September 2005) Long-Tenn Operating Monies (203) 15.1.1 PORTFOLIO COST AND MARKET VALUE Current Market Value Estimate: • PIMCO • Mellon Historical Cost: • PIMCO • Mellon 15.1.2 MODIFIED DURATION Of Portfolio: Of Index: 15.1.3 1 % INTEREST RA TE CHANGE Dollar Imoact (e:ain/loss) of 1 % Change: 15.1.4 REVERSE REPOS % of Portfolio in Reverse Repos: (see attached schedule) 15.1.5 PORTFOLIO MATURITY % of Portfolio Maturine: within 90 days: 15.1.6 PORTFOLIO QUALITY A verae:e Portfolio Credit Oualitv: 15.1.7 SECURITIES BELOW "A" RATING % of Portfolio Below "A": 15.1.8 INVESTMENT POLICY COMPLIANCE "In Compliance" 15.1.9 PORTFOLIO PERFORMANCE Total Rate of Return(%) by Period: 1 Month: 3 Months: 12 Months: Fiscal Year-to-Date: • The Long-Tenn portfolio outperformed the benchmark by 9 basis points for the month, and outperfonned the benchmark by 36 basis points fiscal year-to-date. • Portfolio duration, near the benchmark, was neutral for monthly performance as interest rates rose across the yield curve. • Yield curve positioning similar to that of the index was neutral for perfonnance. • An underweight exposure to corporates was positive for perfonnance, as the credit sector underperformed Treasuries on a duration-adjusted basis. • Exposure to mortgage-backed securities was negative for performance as the sector lagged Treasuries on a duration-adjusted basis. Page 1 of2 $253,447,399 $253,388,110 $253,023,875 $255,095,779 2.44 2.42 $6,184,117 0% 4% AAA 0% No* Portfolio Index -0.41 -0.50 0.20 -0.16 1.98 1.02 0.20 -0.16 *Compliance Issues: MONTHLY REPORT ORANGE COUNTY SANITATION DISTRICT INVESTMENT MANAGEMENT PROGRAM PIMCO'S PERFORMANCE MONITORING & REPORTING (for the month ended 30 September 2005) S 1,600,000 par of United Airlines (UAL) Pass-Through 2001-1-C (EnlJanced Equipment Trust Certificate (EET,C) -9093 L 7BC2), 6.831 ¾ coupon, Page 2 of2 3/0 I /20 IO maturity, representing 0.63 % of the portfolio holdings on a par basis was -purchased on 8/10/200 I; and subsequently downgraded by Moody's from AJ to BAI (on 9/18/1001) and S&P rrom A-to BBB (on 9/20/2001). The security was further downgraded by Moody's from BAI to BA3 (on 12/21 /2001) and by S&P from BBB to BB (on 6/28/02). Following news of the possfble bankruptcy filing, the security was furthe.r downgraded in August (83 Moody's, B+ by S&P). On November 29, 1002, S&P further downgraded tbis issue to B, and shortly thereafter on December 9, 2002, downgraded the issue one notch further to 8-. On August 7, 2003. S&P downgraded the issue to CCC+, wb.ile Moody's followed suit on August 28, 2003 with a downgrade to CA . Both rating agencies have since witJ1drawn their ratings (Moody's witJ1drew io February 2004 ~111d S & P withdrew in June 2004). The District's investment policyTequires a minimwn rating of A3 by Moody·s or A-by S&P, with at I.east a BBB rating in the event ofa split. On October 6, UAL sa id JP Morgan and Citigroup have agreed to aiTange a $3 billion al.I-debt financing package to help the air carrier exit bankruptcy in February. UAL said it signed a commitu1ent letter for tJ1e financing for a six-year term. The $3 billion will be used to repay UAL 's debtor-in-possession loai1s, make other payments required upon exit from bankruptcy and ensure strong cash balances to conduct post-reorganization operations. UAL has been restructuring in bankruptcy since December 2002. In that time, the airline has used its court protection to slash labor costs and dump its m1derfunded pension plans. Last month, UAL filed its plan ofreorganization with the court. If the plan wins court approval, the airline will begin to solicit votes for confirmation of the plan. PIMCO continues to negotiate with United on our holdings and currently leads an ad hoc committee. This has been an extremely complicated effort due to the complex nature ofUnited's bankruptcy. These negotiations have required PIMCO's analysts access to non-public infonnation and therefore sharing them results in parties becoming restricted. In light of this extremely complicated bankruptcy, PIMCO continues to strive to act in the most prudent manner to obtain maximum recovery. Split Rated Securities Still In Compliance: The District's investment policy requires a minimum rating of A3 by Moody's or A-by S&P, with at least a BBB in the event of a split rating. $1,750,000 par of Virginia Electric Power NT securities (cusip 927804EN0), maturing on March 31, 2006, represents 0.69% of the portfolio holdings on a par basis. The security was downgraded on 10/21/2002 by S&P from A-to BBB+, but continues to carry a Moody's rating of A3. C:\Doc11111ents and SeUings\crane\Local SeUings\Temporary lllternet Files\OLK3\L-T0800-05-09 RPT.doc Asset Summary by Asset Type with Sectors LIQUID OPER-PIMCO -OCSF07511102 _ 9 /_g0/2005 Cost Description Shares Par Base ---------- CASH & CASH EQUIVALENTS U.S. DOLLAR INTEREST CERTIFICATES OF DEPOSIT -DOMESTIC COMMERCIAL PAPER -DISCOUNT FED HM LOAN BNK -LESS THAN 1 YR FEDERAL HOME LOAN MORTGAGE -LESS THAN 1 FNMA ISSUES -LESS THAN 1 YR MUTUAL FUNDS REPURCHASE AGREEMENTS TREASURY BILLS -LESS THAN 1 YR FIXED INCOME SECURITIES U.S. DOLLAR BANKING & FINANCE U.S. AGENCIES UTILITY -TELEPHONE U.S. DOLLAR CASH & CASH EQUIVALENTS U.S. DOLLAR FIXED INCOME SECURITIES TOTAL ASSETS -BASE: 246,357.72 4,000,000.000 4,000,000.00 4,059,000.000 4,031,013.90 10,500,000.000 10,432,109.89 11,200,000.000 11,074,467.61 11,700,000.000 11,513,492.47 116,678.540 116,678.54 11,800,000.000 11,800,000.00 3,300,000.000 3,239,272.67 56,675,678.540 56,453,392.80 56,675,678.540 56,453,392.80 1,304,000.000 1,316,076.60 700,000.000 691,824.00 1,000,000.000 1,007,520.00 3,004,000.000 3,015,420.60 3,004,000.000 3,015,420.60 59,679,678.540 59,468,813.40 1 Alternate Base Currency: Report ID: GL~851 Base Currency: USD Exchange Rate: _ Status: FINAL Market Value Base 246,357.72 4,000,000.00 4,031,013.90 10,432,109.89 11,074,467.61 11,513,492.47 116,678.54 11,800,000.00 3,239,272.67 56,453,392.80 56,453,392.80 1,311,767.80 700,000.00 1,002,650.00 3,014,417.80 3,014,417.80 59,467,810.60 %of Total 0.41% 6.73% 6.78% 17.54% 18.62% 19.36% 0.20% 19.84% 5.45% 94.93% 94.93% 2.21% 1.18% 1.69% 5.07% 5.07% 100.00% Net Unrealized Gain/Loss Base 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -4,308.80 8,176.00 -4,870.00 -1,002.80 -1,002.80 -1,002.80 Workbench LONG TERM OPER-PIMCO · OCSF07522202 Description CASH & CASH EQUIVALENTS U.S. DOLLAR PENDING TRADES INTEREST MUTUAL FUNDS U.S. DOLLAR CASH & CASH EQUIVALENTS FIXED INCOME SECURITIES U.S. DOLLAR ABS -AIRPLANE RECEIVABLES ABS -HOME EQUITY ABS -STUDENT LOANS BANKING & FINANCE COLLATERALIZED MORTGAGE OBLIGATION FHLMC MULTICLASS FHLMC POOLS FNMA POOLS GNMA MULTI FAMILY POOLS GNMA SINGLE FAMILY POOLS INDUSTRIAL INFLATION INDEXED SECURITIES PVT PLACEMENTS -MORE THN 1 YR U.S. AGENCIES U.S. GOVERNMENTS UTILITY -ELECTRIC U.S. DOLLAR FIXED INCOME SECURITIES TOTAL ASSETS • BASE: Asset Summary by Asset Type with Sectors 9j30/~2~0_05~---- Cost Shares Par Base -85,650,707.15 2,137,597.27 750,018.800 750,018.80 750,018.800 -82,763,091.08 750,018.800 -82,763,091.08 1,600,000.000 1,600,000.00 350,900.660 350,900.66 2,587,990.370 2,588,293.65 41,950,000.000 42,047,079.10 1,146,403.330 1,146,403.33 690,309.890 691,045.30 48,358.680 47,179.93 51,255,389.520 51,904,690.46 2,685,580.960 2,677,439.95 433,268.600 454,204.66 2,000,000.000 1,998,188.00 25,701,262.680 26,247,197.61 752,000.000 826,199.84 29,279,165.720 28,744,251.24 174,318,126.090 173,391,956.07 3,150,000.000 3,143,840.00 337,948,756.500 337,858,869.80 337,948,756.500 337,858,869.80 338,698,775.300 255,095,778.72 1 Report ID: GL8251 Base Currency: USD Alternate Base Currency: Exchange Rate: Status: FINAL Market Value Base -85,650,707.15 2,137,597.27 750,018.80 -82, 763,091.08 -82,763,091.08 980,000.00 350,826.97 2,589,931.36 41,986,583.82 1,148,294.90 686,147.32 49,756.73 51,146,871.71 2,707,211.30 450,854.97 1,999,680.00 27,177,768.95 826,199.84 28,647,732.46 172,242,683.37 3,160,657.50 336,151,201.20 336,151,201.20 253,388,110.12 %of Total -33.80% 0.84% 0.30% -32.66% -32.66% 0.39% 0.14% 1.02% 16.57% 0.45% 0.27% 0.02% 20.19% 1.07% 0.18% 0.79% 10.73% 0.33% 11.31% 67.98% 1.25% 132.66% 132.66% 100.00% ------- Net Unrealized Gain/Loss Base 0.00 0.00 0.00 0.00 0.00 -620,000.00 -73.69 1,637.71 -60,495.28 1,891.57 -4,897.98 2,576.80 -757,818.75 29,771.35 -3,349.69 1,492.00 930,571.34 0.00 -96,518.78 -1,149,272.70 16,817.50 -1,707,668.60 -1,707,668.60 -1,707,668.60 Workbench YLDANAL YIELD ANALYSIS PAGE 1 DCSF075lll02 2005/09/30 RUN DATE 10/05/05 DISTRICT: LIQUID OPERATING RUN TIME 13.36.30 ----------------------=------=======--======.========~==================================~===============================~ PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ---------------------------------___ ..., ___ ---·---------------------~------------- CASH & CASH EQUIVALENTS 1,100,000.00 BANKAMERICA CORP DISC .ooo .ooo 99,068 1,089,742.50 1. 93 0660POYM9 11/21/2005 1,089,742.50 1.84 1,600,000.00 BANKAMERICA CORP DISC .ooo .ODO 99.068 1,585,080.00 2.82 0660POZ71 12/07/2005 1,585,080.00 2.68 1,soo,000.00 CITIBANK NA NY BRH INSTL C/D .000 3,720 100.000 1,soo,000.00 2.66 l7304TXA6 3,720% 11/09/2005 DD 08/09/05 1,soo,000.00 2.53 1,359,000.00 DU PONT DE NEMOUR DISC .ooo .000 P-1 99.793 1,356,191.40 2.41 26354AXJB 10/18/2005 1,356,191.40 2. 29 5,400,000.00 FEDERAL HOME LN BK CONS DISC ,000 .000 P-1 99,973 5,398,569.00 9,60 313385MM5 MAT 10/03/2005 A-1+ 5,398,569.00 9.12 2,900,000.00 FEDERAL HOME LN BK CONS DISC N .ooo .ooo P-1 99.145 2,875,193.72 s.11 313385ND4 MAT 10/19/2005 A-1+ 2,875,193.72 4.85 1,900,000.00 FEDERAL HOME LN BK CONS DISC .000 .ooo P-1 98,104 1,063,979.17 3.31 313385SQO A-1+ l,B631 979.17 3.15 300,000.00 FEDERAL HOME LN BK CONS DISC N .ooo .ooo P-1 9B.123 294,368.00 .52 313385TK2 MAT 02/22/2006 A-1+ 294,368.00 .so 3,300,000.00 FEDERAL HOME LN MTG CORP DISC .000 ,ooo P-1 99,973 3,299,125.50 5.86 313397MMO MAT 10/03/2005 A-1+ 3,299,125.50 5.57 2,000,000.00 FEDERAL HOME LN MTG CORP DISC .000 .ooo P-1 98.593 1,971,865.00 3.50 313397NS6 MAT 11/01/2005 A-1+ 1,971,865.00 3.33 1,100,000.00 FEDERAL HOME LN MTG CORP DISC .000 .ooo P-1 99. 092 1,090,01s.03 1.93 313397NZO MAT 11/08/2005 A-1+ 1,090,015.03 1.84 1,900,000.00 FEDERAL HOME LN MTG CORP DISC .ooo .ooo P-1 98.254 1,866,820.72 3,32 313397RQ6 MAT 01/10/2006 A-1+ 1,866,820.72 3.15 2,200,000.00 FEDERAL HOME LN MTG CORP DISC .000 ,000 P-1 98.183 2,160,018.36 3.84 313397TR2 MAT 02/28/2006 A-1+ 2,160,018.36 3.65 700,000.00 FEDERAL HOME LN MTG CORP DISC .ooo .ooo P-1 98.089 686,623.00 1.22 313397UF6 MAT 03/14/2006 A-1+ 686,623.00 1.16 YLDANAL YIELD ANALYSIS PAGE 2 OCSF07511102 2005/09/30 RUN DATE 10/05/05 DISTRICT: LIQUID OPERATING RUN TIME 13.36 .30 -----------------==---=--~=--.===---=-----------------------------------------------------------------~----===---=-=-===== PAR VALUE YTM AT CURRENT MOODY Ml>.RKET TOTAL CO!;,T/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ----------------________________ _. __________ ------------------------------------------------ 4,000,000.00 FEDERAL NATL MTG ASSN DISCOUNT .ooo .ooo P-1 98.367 3,934,682.22 7.00 313589NL3 MAT 10/26/2005 A-1+ 3,934,682.22 6.64 3,000,000.00 FEDERAL Nil.TL MTG ASSH DISCOUNT .ooo .000 P-1 98,794 2,963,827,SO 5.27 313S89QS5 MAT 12/19/2005 A-1+ 2,963,827.50 s.oo 900,000.00 FEDERAL NATL tlTG ASSN DISCOUHT .000 ,000 P-1 98.270 884,427.75 1. 57 313589SV6 MAT 02/08/2006 A-1+ 884,427,75 1. 49 3,000,000.00 FEDERAL NATL f.lTG ASSN DISCOUNT .ooo .000 P-1 98,172 3,730,555.00 6,63 313589TS2 MAT 03/01/2006 A-1+ 3,730,555.00 6.30 3,300,000.00 UNITED STATES TREASURY BILL .ooo .ooo P-1 98.160 3,239,272.67 5.76 912795WT4 0.000% 03/16/2006 DD 09/15/05 A-1+ 3,239,272.67 5.47 2,500,000.00 WELLS FARGO BANK NA INSTL C/D .000 3.760 100.000 2,500,000.00 4.44 9497P23M7 3.7601 10/13/2005 DD D9/27/D5 2,500,DDO,OO 4,22 11,000,000.00 CS FOB CAT 2 REPO REPO .ooo 3,250 100.000 11,800,000.00 20.99 99441U490 03,250% 10/03/2005 DD 09/30/05 11,800,000.00 19,93 116,678.54 DREYFUS TREASURY CASH MGMT .ooo 3.400 AAA 100.000 116,678.54 .20 996085247 AAA 116,678,54 .20 --------------------------------------TOTAL CASH & CASH EQUIVALENTS .ooo ,397 56,207,035,08 100.00 56,207,035.08 94.91 FIXED INCOME SECURITIES 15,000.00 ASSOCIATES CORP NORTH AMER NT-.000 6.359 AAl 100.250 15,112.95 .49 046003FM6 6.375% 11/15/2005 DD 11/21/95 AA-15,037.50 .03 75,000.00 BEAR STEARNS COS INC NTS .ooo 6.875 Al 100.000 75,422.25 2,48 073902AU2 6,875% 10/01/2005 DD 10/05/95 A 75,000.00 .13 112,000.00 BEAR STEARNS COS INC GLOBM NT .ooo 3.019 Al 99,375 111,364.96 3.69 073902CB2 3,000% 03/30/2006 DD 02/19/03 A 111,300.00 .19 500,000.00 CIT GROUP INC GLOBAL SR NT .000 4,129 A2 99.910 499,820.00 16 .57 125577AN6 4.1251 02/21/2006 DD 02/20/03 A 499,550.00 ,84 YLDANAL OCSF07511102 DISTRICT: LIQUID OPERATING PAR VALUE SECURITY ID SECURITY DESCRIPTION 700,000,00 FEDERAL HOME LN MTG CORP MTN 3128X1CU9 2,375% 05/19/2006 DD 05/19/03 soo,000.00 HOUSEHOLD FIN CORP HT 441812FT6 7.250% 05/15/2006 DD 05/15/96 102 1 000,00 MERRILL LYNCH & CO INC NT 590188FC7 6,250% Ol/15/2006 DD 01/20/94 1 10001 000,00 SOUTHWESTERN BELL TEL CO MED B4534EDS4 6,560% 11/15/2005 DD 11/15/96 TOTAL FIXED INCOME SECURITIES TOTAL YTM AT BOOK ----- .000 .ooo .000 .ooo --------.ooo --·----- .000 YIELD ANALYSIS 2005/09/30 ~-=-= CURRENT MOODY YIELD 5-P ------------- 2.375 AAA AAA 7,131 Al A 6,210 AA3 A+ 6,543 A2 A -·----- 4,502 ------- .466 PAGE 3 RUN DATE 10/05/05 RUN TIME 13.36.30 -,.._ ===--=~ ~=--== MARl<ET TOTAL COST/ % TYPE PRICE MARKET VALUE % TOTAL -------------·----------·------ 100.000 691,824.00 23.22 100,000.00 1.10 101.671 511,620.00 16.86 508,355.00 .86 100.515 102,736.44 3.40 102,525.30 ,17 100.265 1,001,s20.oo 33.26 1,002,650.00 1.69 ------------------·------3,015,420.60 100.00 3,014,417.80 5.09 -----------------------59,222,455.68 100.00 59,221,452,88 100.00 ==== YLDANAL OCSF07522202 DISTRICT: LONG-TERM OPERATUIG YIELD ANALYSIS 2005/09/30 PAGE RUN DATE RUN TIME 4 10/05/05 13.36.30 ======---================================================~==----===;=====-----========-=-=-======%===-==================:==== PAR VALUE SECURITY ID SECURITY DESCRIPTION ---------------------------------------- CASH i;. CASH EQUIVALENTS 7501 018,80 DREYFUS TREASURY CASH MGMT 996085247 .00 BSDT-LATE MONEY DEPOSIT ACCT 996087094 TOTAL CASH i;. CASH EQUIVALENTS FIXED INCOME SECURITIES 752,000.00 AIG SUNAMERICA GLOBAL REGS U00907AAO 5.850% 08/01/2008 DO 08/08/01 6001 000,00 CIT GROUP INC SR NT 125581AA6 7.375% 04/02/2007 DD 04/01/02 1,soo,000.00 CIT GROUP INC NEW SR NT 125581AF5 VAR RT 09/22/2006 DD 09/23/03 3,300,000.00 CIT GROUP me MTN tSR00D92 12560PDVO VAR RT 05/23/2008 DD 05/25/05 1,600,000,00 CITIGROUP INC GLOBAL SR NT 172967CW9 VAR RT 05/02/2008 DD 05/02/05 1,0001 000.00 FEDERAL HOME LN MTG CORP MTN 3128X16R3 6.250% 11/14/2013 DD 11/14/03 101000,000.00 FEDERAL HOME LN MTG CORP MTN 3128X3WY5 4.000% 09/22/2009 DD 09/22/04 21 700,000.00 FEDERAL HOME LN BI<S CONS BO 3133X3SQ7 VAR RT 02/27/2012 DD 02/27/04 3,000,000.00 FEDERAL HOME LN BKS CONS BO 31339XKN3 4.000% 03/18/2011 DD 06/19/03 48,358.68 FIILMC GROUP f78-6064 31348SWZ3 6.384% 01/01/2028 OD 12/01/97 YTM AT CURRENT MOODY BOOK YIELD S-P .ooo 3.400 .ooo .ooo .ooo 3,400 .ooo 5.325 .000 7,093 .ooo 4.310 .ooo 4.023 .ooo 3.751 .ooo 6.239 ,000 4.106 .ooo 8.895 .000 4.104 .ooo 4 .172 AAA AAA A2 A A2 A A2 A AAl AA- AAA AAA AAA AAA AAA AAA AAA AAA AAA AAA MARKET PRICE 100.000 .ooo 109.867 103,982 100.343 100.250 99.984 100.182 97,420 93.315 97,457 102.891 TOTA.I, COST/ MARKET VALUE 750,018.80 750,018.80 .oo .oo 750,018.80 750,018.80 826,199.84 826,199.84 632,~88.00 623,889.82 1,so1,oos.oo 1 1 505,145.00 3,3001 00D,OO 3,308,250.00 1,6001000,00 1,599,744.00 1,002,656,25 1,001,020.00 9,993,100.00 9,742,000.00 2,565,820.00 2,519,504.65 2,882,343.75 2,923,710.00 47,179.93 49,756.73 % TYPE % TOTAL 100.00 .22 .o o .oo 100.00 .22 ,24 .25 .18 ,19 .44 .45 .98 .9B .47 .47 .29 .30 2.89 2.89 .74 .75 .B6 ,87 .01 .01 YLO/INAL YIELD Al!ALYSIS PAGE s OCSF0?522202 2005/09/30 RTJN DATE 10/05/05 DISTRICT: LO!lG-TERM OPERATING RUN TIME 13.36.30 ---,.---==:====-=-===================-============~-=-==---------================-------=---===== ----============== PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ------------------------------------------------·---- 2,350,000.00 FEDERAL NATL MTG ASSN DEBS .000 5.220 AAA 100.582 2,385,461.50 .70 31359MJX2 5.250% 06/15/2006 OD 06/22/01 AAA 2,363,677.00 .70 6,800,000.00 FEDERAL NATL MTG ASSN DEBS .ooo 3. 271 MA 95,544 6,575,736.00 1.93 31359MUQ4 3.125% 03/16/2009 DD 03/16/04 AAA 6,496,992.00 l. 93 551,818.59 Ft!MA POOL t0254510 .000 5. 011 AAA 99.784 568,373.14 .16 31371KVB4 5.000% 11/01/2017 DD 10/01/02 AAA 550,626.66 .16 118,409.66 FNM/1 POOL ij0254631 .ooo 5 .011 AAA 99.783 121,961.96 .03 31371KY47 5,000% 02/01/2018 DD Ol/01/03 AAA 118,152.71 .04 107,194.40 FNMA POOL tel25060 ,ODO 5.011 MA 99. 776 110,410.23 .03 31371KSV9 5.000% 06/01/2018 DD 05/01/03 AAA 106,954.28 .03 48,963.40 FNMA POOL f0254866 ,000 5,012 AAA 99.765 50,432.31 .Ol 31371LC83 5.000% 09/01/2018 DD 08/01/03 AAA 48,848.34 ,01 363,750.22 FNMA POOL J02SH07 .ooo 5.012 AAA 99.761 363,750.22 • l 0 31371LDLO 5.000% 10/01/2018 DD 09/01/03 AAA 362,880.86 .11 259,190.10 FNMA POOL i0254953 .ooo s.012 MA 99.757 262,510,98 .07 31371LE21 5,000% 11/01/2018 DD 10/01/03 AAA 258,560,27 .08 698,081.44 FNMA POOL f0254987 .ooo 5.010 AAA 99,806 707,025.61 .20 3137lLF46 5.000% 12/01/2018 DD 11/01/03 AAA 696,727.39 .21 113,254, 48 FNMA POOL #0323980 .ooo S.828 AAA 102,946 118,244,76 .03 31374T2MO 6,000% 04/01/2014 DD 09/01/99 AAA 116,590.96 .03 85,676.72 FNMA POOL f0357430 .000 5.011 AAA 99,772 86,640.58 .02 3l376KA71 5.000% 09/01/2018 DD 09/01/03 AAA 85,481.38 .03 33,374.37 FNMA POOL 10456482 .000 5.828 AAA 102.945 34,844,91 .01 31381CCT2 6.000% 02/01/2014 DD 02/01/99 AAA 34,357,25 .01 92,283.95 FNMA POOL tOS09649 ,ODO 5,828 AAA 102.948 96,350.21 .02 313B3QEWO 6.000% 09/01/2014 DD 09/01/99 AAA 95,004.48 ,03 88,310.57 FNMA POOL 10535451 .000 5.828 AAA 102.948 92,201.76 .02 3l384VZQ8 6.000% 06/01/2015 DD 07/01/00 AAA 90,913.97 .03 255,211.72 FNMA POOL 1'0555363 .000 5.011 AM 99.783 262,860.06 .07 31385W5Yl S,000% 04/01/2018 DD 03/01/03 AAA 254,657,91 ,OB YLDANAL YIELD ANALYSIS PAGE 6 OCSF07522202 2005/09/30 RUN DATE 10/05/05 DISTRICT: LONG-TERM OPERATING RUN TIMll 13.36.30 -------------------===------==---------=-======---=-=-=--------==========--=======--=-==-====----------------------=------- PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTIOH BOOK YIELD S-P PRICE MARKET VALUE % TOTAL -------------·--· ---------------------------------------------------------------~---- 212,847.27 FtlMA POOL #0555545 .ooo s.011 AAA 99.783 219,232.70 .06 31385XES2 5.000% 06/01/2018 DD 05/01/03 AAA 212,385.39 ,06 733,H6.J1 FNMA POOL #0555621 .ooo s.010 AAA 99.806 741,667.26 .21 31385XG68 5.000% 07/01/2018 DD 06/01/03 AAA 731,993.75 .22 408,235.84 FNMA POOL #0681309 .ooo s. 011 AAA 99.783 420,182.91 , l 2 31391Y3S4 5,000% 02/01/2018 DD 02/01/03 AAA 407,349.97 .12 48,880.96 FNMA POOL 10681334 .000 5,011 AM 99.783 50,347.39 .01 31391Y4Tl 5,000% 02/01/2018 DD 01/01/03 AAA 48,774.89 .01 294,761.12 FNMA POOL #0684798 .000 5.496 AAA 100.072 294,507.82 .OB 31400DX31 5.500% 03/01/2033 OD 03/01/03 AAA 294,973.35 .09 262,876.33 FNMA POOL #0684908 ,000 5,011 AAA 99, 776 266,244.46 .07 31400D3Rl 5.000% 06/01/2018 DD 05/01/03 AAA 262,287.49 .OB 143,723.0S FNMA POOL i0685200 .ooo 5,011 AA!\ 99.783 145,564.52 .04 31400EGH7 5.000% 03/01/2018 OD 03/01/03 AAA 143,411.17 .04 217,293.79 FNMA POOL ~0686318 .ooo s.011 AAA 99.783 223,812,60 ,06 31400FPB7 5.000% 03/01/2018 DD 03/01/03 AAA 216,822,26 .06 86,775.78 FHMA POOL f06B8739 .ooo 5.011 AAA 99.776 89,379.05 .02 31400JEL9 5.000% 06/01/2018 DD 06/01/03 AAA 86,581.40 ,03 79,846.91 FNMA POOL 110689859 .ooo 5,011 AAA 99.776 80,869.95 .02 31400:KMGO 5,000% 05/01/2018 OD 05/01/03 AAA 79,668.05 .02 451,478.80 FNMA POOL ll0693834 .ooo s.011 AAA 99.783 465,023.14 .13 31400PY74 5.000% 03/01/2018 PD 03/01/03 AAA 450,499.09 ,13 168,742.93 FNMA POOL !0695852 .ooo s.011 AAA 99.779 173,805.22 .05 31400SBVO 5.000% 05/01/2018 PO 05/01/03 AAA 168,370.01 .05 607,602.98 FNMA POOL #0695889 .ooo 5,011 AAA 99. 779 625,831.08 .18 31400SC23 5.000% OS/01/2018 OD 05/01/03 AAA 606,260,18 .18 168,193.43 FNMA POOL 110702210 .ooo 5,010 AAA 99,806 173,239.24 .04 31401ADP9 5,000% 05/01/2018 DO 05/01/03 AAA 167,867.19 .OS 100,600.88 FNMA POOL #0702328 .ooo s.011 AAA 99. 779 101,889.82 .02 31401AHD2 5,000% 05/01/2018 DD 04/01/03 AAA 100,378.55 ,03 YLDANI\L YIELD ANALYSIS PAGE I 7 OCSF07522202 2005/09/30 RUN DATE 10/0S/05 DISTRICT: LONG-TERM OPERATING RUN TIME 13.36.30 ~==.c:::·== --~~ -----------·~ = PAR VALUE YTM AT CURREHT MOODY MARI<ET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ---------------------------------------------------------------------------- 222,556.44 FNMA POOL #0709148 .ooo 5. 011 AAA 99.772 229,233.15 .06 31401HZM7 5.000% 06/01/2018 DD 06/01/03 AAA 222,049.01 .07 481,798 .25 FNl11\ POOL 10709360 .ODO s.011 AA1\ 99.772 487,971.29 .14 31401JB56 5.000% 07/01/2018 DD 06/01/03 AAA 480,699.75 .H 84,910.19 FNMA POOL 110709826 .ooo 5.011 AAA 99. 776 85,998.10 .02 31401JSP4 5.000% 06/01/2018 DD 06/01/03 AM 84,719,99 .03 177,732.17 FNMA POOL #0709917 .000 5.ou AAA 99.776 180,009.37 ,05 31401JVJ4 5.000% 06/01/201B DD 06/01/03 AAA 177,334.05 .05 442,265.07 FNMA POOL #0710235 .ooo 5.011 AAA 99. 772 455,533.05 .13 31401KBC8 5.000% 06/01/2018 DD 06/01/03 AAA 441,256.71 .13 181,120,97 FNMA POOL #0713365 .ooo 5.011 AAA 99. 772 183,441.57 .os 31401NQSl 5.000% 07/01/2018 DD 07/01/03 AAA 180,708.01 .05 552,900.74 FNMA POOL 10720319 .ooo 5.011 AAA 99. 772 559,984.80 .16 31401WG45 5.000% 07/01/201B DD 07/01/03 AM 551,640.13 .16 l,B24 1 128.38 FNMA POOL #0720369 .000 5.010 AAA 99.806 1,878,852.23 .54 31401WJNO 5.000% 06/01/201B DD 06/01/03 AAA 1,820,590.15 .54 236,477.37 FNMA POOL #0721629 .000 5.011 AAA 99.772 243,571.71 .07 31401XVW4 5.000% 07/01/2018 DD 06/01/03 AAA 235,938.20 ,07 182,401.74 FNMA POOL #0723487 .ooo 5.011 AAA 99.772 184,453.78 .05 31402AXQ4 5.000% 06/01/2018 DD 06/01/03 AAA 181,985.86 ,05 2,751,547.34 FNMA POOL 10725530 .ooo 5.012 AAA 99.760 2,789,951.17 .81 31402DA75 5.000% 06/01/2019 DD 05/01/04 AAA 2,744,952.10 .81 317,139.45 FNMA POOL 10729601 .ooo s.012 AAA 99.768 321,202.81 .09 31402HRW3 5.000% 07/01/2018 DD 07/01/03 AAA 316,403.69 .09 29,251.45 FNMA POOL #0732873 .ooo s.012 AAA 99.757 29,626.22 .OD 31402MFN5 5.000% 11/01/2018 DD 10/01/03 AAA 29,180,37 .01 928,944.58 FNMA POOL #0735227 .ooo 5.503 AAA 99.952 936,782.55 .27 31402QYY1 5.500% 02/01/2035 DD 01/01/05 AAA 928,498,69 ,28 496,855.20 FNMA POOL 10735856 .000 5.012 AAA 99.761 501,668.48 ,14 31402RQH5 5,000% 08/01/2020 DD 08/01/05 AAA 495,665,37 .15 YLDI\NAL YIELD l\Nl\LYS1S PAGE R OCSF07522202 2005/09/30 RUN DATE 10/05/05 DISTRICT: LONG-TERM OPERATING RUN THIE 13.36.30 =~:~--======-====~==========~==========~=======================.==-================.====== .================-==========--===== PAR VALUE YTM I\T CURRENT MOODY MARKET TOT.AL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL ---------------------·-------------------------------------------------------------- 490,813.29 FNMA POOL ,l,0737130 .ooo s.012 AAA 99.765 497,101.83 .14 3l402S4P9 5.000% 10/01/201B DD 10/01/03 AAA 489,659.88 .1s 421,976.07 FNMA POOL 10738211 .ooo s.010 AAA 99.806 427,382.67 .12 31402UDQ2 S,000% 10/01/2018 DD 10/01/03 MA 421,157.57 .13 153,011.21 FNMA POOL #0738487 .ooo s.012 AAA 99.757 154,971.67 .04 31402UNC2 5.000% 10/01/2018 DD 10/01/03 AAA 152,639.39 ,05 1,795,830.00 FIUII\ POOL #0740457 .ooo s.010 Ml\ 99,806 1,820,242.06 ,53 31402WTH8 5.000% 10/01/2018 DD 10/01/03 AAA 1,792,346.66 ,53 636,922,36 FNMA POOL ~0740471 ,000 s.010 AAA 99.806 645,082.91 ,1B 31402WT40 5.000% 10/01/2018 DD 10/01/03 AAA 635,686.93 .19 616,998.69 FNMA POOL #0740748 .ooo 5,012 AAA 99,765 624,903.98 ,18 31402WSH7 5.000% 10/01/2018 OD 11/01/03 AAA 615,548,74 .1B 29,382.10 FNMA POOL #0743868 .ooo s.010 MA 99.806 29,758.56 .oo 31403BMR1 5.000% 11/01/201B DD 10/01/03 AAA 29,325.11 .01 858,521.90 FNMA POOL 10744008 .000 5.011 A/IA 99. 776 86'}, 521.. 72 .25 31403BR54 5,000% 07/01/2018 DD 09/01/03 AAA F.156,598.81 ,25 129,472,09 FNMA POOL #0744316 .ODO 5,010 AAA 99,906 131,131.76 .03 31403D3?.4 5.000% 09/01/2018 OD 09/01/03 AAA 129,221.75 .04 238,096.46 FNMA POOL #0747914 .ooo s.012 All.I\ 99.757 241,147.08 .07 31403F3XO 5.000% 11/01/2019 DD 11/01/03 AAA 237,517.89 .07 149,335.97 FNMA POOL 1/0748400 .ooo 5,010 AAA 99.806 151,249.34 ,Oil 31403GNR9 5.000% 08/01/2018 DD 09/01/03 AAA 149,046,31 ,04 783,380.36 FNMA POOL t0748899 • 000 s.010 AAA 99.806 793,417.42 .23 3l403G7LO 5.0001 12/01/2018 DD 11/01/03 AAA 781,860,85 ,23 1,691,464.63 FNMA POOL #0750377 .ooo 5.010 AAA 99.806 1,713,136.52 .so 31403JUA2 5.000% 11/01/2018 OD 11/01/03 AAA 1,688,183.73 .so 1,443,142.92 FNMA POOL #0750380 ,000 s.010 AAA 99.806 1,461,633.20 .42 31403JUD6 5,000% 11/01/2018 DO 11/01/03 AAA 1,440,343.68 .43 137,921.53 FMMA POOL #0750445 .ooo 5,010 AAA 99.806 139 I 688, 65 .04 31403JWE2 5,000% 11/01/2018 DD 11/01/03 AAA 137 1654.0l .04 YLOJI.Nll.T.. YIELD ANALYSIS PAGE 9 OCSF07522202 2005/09/30 RUN DATE 10/05/05 DISTRICT: LONG-TERM OPERATING RUN TIME 13,36 ,30 er-==--==--'------'-~~-=·==-=-=-·-=-·-======---==:==·-·=·=--------==------==== PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION DOOK YIELD S-P PRICE MARKET VALUE % TOTAL ------------------------------------------------------------------------------ 651,709,85 FNMA POOL #0751960 .000 s.010 AAA 99.806 660,059,90 ,19 31403LMH1 5.000% 12/01/2018 OD 11/01/03 AAA 650,445.74 ,19 677,197.01 FNMA POOL J0753425 .000 s.012 AAA 99.754 685,027.09 .20 3l403NA23 5,000% 11/01/2018 DD 11/01/03 AA.A 675,531.11 ,20 470,535.10 FIH\J\ POOL 10755165 .000 5.012 AAA 99.754 476,563.83 .13 3l403Q6A3 5,000% 12/01/2018 DD 11/01/03 AAA 469,377.58 , 14 808,306.09 FNMA POOL 110756372 ,000 5,012 AAA 99,754 817,652.13 ,23 31403SJRB 5,000% 11/01/201B DO 11/01/03 AAA 806,317.66 ,24 2,760,305.69 FNMA POOL t0784251 .ooo 5,014 AAA 99, 713 2,797,828.60 , 81 31405llH46 5.000% 11/01/2019 OD ll/Ol/04 AAA 2,752,383.61 ,82 806,343.12 FHMA POOL f07B9670 .ooo 5,015 AAA 99,710 817,304.35 ,23 31405HJP4 5,000% 12/01/2019 DD 12/01/04 AAA 804,004.72 ,24 813,626.22 FNMA POOL 10792432 .000 5,014 AAA 99,717 824,686,45 .24 31405LL!-19 5,000% 10/01/2019 DO 10/01/04 AAA 811,323.66 .24 4,588,959.79 FNMA POOL t0792437 .ooo 5.014 AAA 99. 717 4,Sllll,959.79 1.36 31405LLS6 5.000% 10/01/2019 OD 10/01/04 AAA 4,575,973.03 1.36 839,644.48 FNMA POOL t0794195 .ooo 5.014 AAA 99.713 851,058.41 . 2 4 31405NKG9 5.000% 11/01/2019 DO 11/01/04 AAA 837,234.70 .25 1,773,353, 78 FNMA POOL f0797160 ,000 5,015 AAA 99.710 1,797,460.30 ,52 31405RTR7 5,000% 12/01/2019 DD 12/01/04 AAA 1,768,211.05 .52 785,092.74 FNMA POOL 40797408 .ooo 5.015 AAA 99. 710 795,765.10 ,23 31405R3R5 5.000% 12/01/2019 OD 12/01/04 AAA 782,815.97 .23 773,590,35 FNMA POOL #0797414 .000 5.015 AAA 99. 710 784,106.33 .22 31405R3X2 5.000% 12/01/2019 OD 12/01/04 AAA 771,346.94 .23 354,291.03 FNMA POOL 10800370 .000 5,015 AAA 99,710 353,903.53 .10 31405VFK8 5,000% 12/01/2019 DD 11/01/04 AAA 353,263.59 .10 301,156.66 FNMA POOL #0800998 ,000 5,503 AAA 99,940 300,897.87 ,OB 31405V3F2 5,500% 11/01/2034 DD 11/01/04 AAA 300,975,97 .09 2,886,926.75 FNMA POOL 10803923 .000 5,015 AAA 99.710 2,926,170.91 .85 31406AD41 5.000% 12/01/2019 DD 12/01/04 AAA 2,878,554.66 .85 YLDANAL YIELD ANALYSIS PAGE l 0 0CSF07522202 2005/09/30 RUN DATE 10/05/05 DISTRICT: LONG-TERM OPERATING RUN TIME 13.36.30 ----------===-----============-=========----~~:--=--=--==----=--=----=---=------------------------==----=====-======~=====~ PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD 5-P PRICE MARXET VALUE % TOTAL ------------------------------------------------------------------------------------------- 2,832,161.77 FNMA POOL i08077 ll .ODO 5.015 MA 99.710 2,870,965.54 .84 31406EKY9 5,000% 01/01/2020 DD 01/01/05 MA 2,824,247.63 .84 33],304,46 FNMA POOL 10808933 .000 5,503 AAA 99.HO 331,019,74 .09 31406FV24 5.500% 01/01/2035 DD 01/01/05 AAA 331,105.68 .10 313,169,30 FNMA POOL i/0809350 .ooo 5.503 AAA 99.940 312,900.17 .09 31406GEX3 5,500% 12/01/2034 DD 01/01/05 AAA 312,981.40 .09 324,130.14 FNMA POOL #OBU930 .DOD 5,500 AAA 100.0D8 323,851.59 .09 3l406NLKB 5.500% 04/01/2035 DD 04/01/05 AAA 324,155.59 ,10 323,127.03 FNMA POOL iOB15923 .ooo 5,503 AAA 99,940 322,849.35 .09 31406PPG8 5,500% 03/01/2035 OD 03/01/05 AAA 322,933.15 .10 611,823.76 nlMA POOL i0816246 .ooo 5.015 AAA 99. 710 611,154.57 .18 31406PZK8 5,000% 03/01/2020 DD 03/01/05 AAA 610,049.47 .18 318,736.11. FNMA POOL #0819566 .ooo 5,503 AAA 99,940 318,462.20 .09 31406TQT1 5.500% 04/01/2035 DD 04/01/05 AAA 318,544.87 ,09 322,925.62 FNMA POOL 40822731 .ooo 5.503 AAA 99.940 322,648.10 .09 31406XA85 5,500% 05/01/2035 DD 05/01/05 AAA 322,731.86 .10 33],015.92 FNMA POOL 40823232 .ooo 5.503 AAA 99,940 330,731.44 .09 31406XSV5 5,500% 06/01/2035 OD 05/01/05 AAA 330,817,31 .10 968,561.00 FNMA POOL #0823787 .ooo 5,015 AAA 99.710 967,501.63 .28 31406YF47 5.000% 05/01/2020 DD 05/01/05 AAA 965,752.17 .29 7,890.69 GNMA POOL #0421389 .ooo 6,244 AAA 104.096 8,281.53 .oo 36206UC23 6.500% 04/15/2026 DD 04/01/96 AAA 8,213.89 .oo 11,920.54 GflMA POOL 10449851 .ooo 6,255 AAA 103.911 12,510.97 .00 36208FWLO 6.500% 01/15/2028 DD 01/01/98 AAA 12,386.72 .oo 32,280,92 GNMA POOL #0466845 .ooo 6,245 AAA 104.076 33,879,84 .oo 36209BTA6 6,500% 06/15/2028 DD 06/01/98 AAA 33,596.69 .01 39,841.03 GNMA POOL #0468052 .ooo 6,246 AAA 104.073 41,814.40 .01 36209CSM4 6.500% 07/15/2028 DD 07/01/98 AAA 41,463, 76 ,01 111,442.84 GNMA POOL J0476041 .ooo 6.245 AAA 104,076 116,788.63 ,03 36209MZE7 6,500% 06/15/2028 DD 06/01/98 AAA 115,9B5,25 .03 YLDANAL YIELD ANALYSIS PAGE I 11 OCSF'07522202 2005/09/30 RUN DATE 10/05/05 DISTRICT: LONG-TERM OPERATING RUN TIME 13.36.30 ---·---c====-==-=--=~=======================---====-.-------=~.------------------------------=---====-=====--======-==~-== PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECUR1.TY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL --------------------------------------------------------------------------- 118,937.66 GNMA POOL t0178626 .ooo 6.247 AAA 104.058 124,642.95 .03 36209QVT9 6.500% 01/15/2029 DD 01/01/99 AAA 123,764.15 .04 28,413.09 GNMA POOL #0480598 .ooo 6,246 AAA 104.064 29,776.02 ,00 36209S3F6 6.500% 10/15/2028 DD 10/01/98 AAA 29,567.80 .01 5,802.99 GNI-IA POOL #0512235 .ooo 6,248 AAA 104,030 6,090.42 .DO 36211GBC6 6,5D01 11/15/2029 DD 11/01/99 AAA 6,036.85 .oo 76,738 .-84 GNMA POOL t05H326 .000 6,248 AAA 104 .041 80,419.90 .02 36211JLF2 6.500% 07/15/2029 DD 07/01/99 AAA 79,839.86 ,02 131,049.75 GNMA II POOL 10080395 .ooo 4,331 AAA 101.014 129,862,]2 .03 36225CNH4 VAR RT 04/20/2030 OD 04/01/00 AAA 132,378.59 .04 1,159,755.30 GNMA II POOL f080408X .000 4.331 AAA 101. 014 1,147,976.53 .34 36225CN28 VAR RT 05/20/2030 DD 05/01/00 AAA 1,171,515.22 ,35 1,112,493.64 GNMA II POOL #0080965 .ooo 4.47B AAA 100.494 1,111,798.32 .33 36225DCB8 VAR RT 07/20/2034 DD 07/01/04 AAA 1,117,989.36 .33 6,500,000.00 GENERAL ELEC CO NT .ooo 3. 701 AAA 99.984 6,502,203.50 1.93 369604AZ6 VAR RT 10/24/2005 DD 10/24/03 AAA 6,498,960,00 1.93 2,000,000.00 GOLDMAN SACHS GRP MTN #TR00203 .ooo 4,116 AA3 100,109 2,001,900.00 .59 3B141EJL4 VAR RT 03/30/2007 DD 04/01/04 A+ 2,002,1eo.oo .59 800,000.00 GOLDMAN SACHS GRP MTN #TR00207 .ooo 3,959 AA3 100.531 000,000.00 .23 38141EJQ3 VAR RT 07/23/2009 DD 07/23/04 A+ 804,248.00 ,24 4,250,000.00 GOLDMAN SACHS GRP .ooo 4.290 AA3 100,234 4,250,000.00 1.26 38143UBD2 VAR RT 06/28/2010 DD 06/28/05 A+ 4,259,945.00 1.26 250,000.00 HSBC BK USA MTN tSR00012 .ooo 3,985 AA2 100.125 250,170.00 .07 4042QOAM1 VAR RT 09/21/2007 DD 09/21/04 AA-250,312.50 ,07 2,100,000.00 HSBC FIN CORP NT • 000 4.000 Al 100.000 2,100,000.00 .BO 40429CCU4 VAR RT 09/15/2008 DD 09/15/05 A 2,100,000.00 .BO 3,000,000.00 HSBC FIN CORP MTN t TR 00002 .ooo 3.899 Al 100.031 3,000,000.00 .89 40429JAB3 VAR RT 02/28/2007 DD 03/29/05 A 3,000,930.00 .89 3,000,000.00 HSBC FIN CORP MTN f TR 00007 .ooo 4.009 Al 100.015 2,995,830.00 .89 40429JAG2 VAR RT 05/10/2010 DD 05/10/05 A 3,000,450.00 ,89 YLD/\N!\L YIELD ANALYSIS PAGE 12 OCSF07522202 2005/09/30 RUN DATE 10/05/05 DISTRICT: LONG-TERM OPERATING RUN TIME 13.36.30 ========~==~===============================~=-------------------------=======-=.c=-~--= PAR VALUE YTM AT CURRENT MOODY MARKET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MARKET VALUE % TOTAL --·------------------------------------------------------------------------·----------------- 2,500,000.00 HOUSEHOLD FlN CORP NT .ooo 7.058 1\2 102.015 2,591,500.00 .75 441812GH1 7,200% 07/15/2006 DD 07/15/99 A 2,550,375.00 ,76 2,000,000.00 MORGAN STANLEY .000 3.697 A!\3 100.109 2,002,980.00 ,59 61746BAK2 VAR RT 01/12/2007 DD 01/13/04 A+ 2,002,100.00 .59 3,200,000.00 MORGAN STA»LEY NT .ooo 3,975 AA3 97.4B4 3,149,248.00 .92 61746BALO 3.875% 01/15/2009 DD 01/13/04 A+ 3,119,488.00 .93 650,000.00 MORG/\N ST!\NLEY NT .D00 3.809 M3 100,031 650,000.00 .19 61746SAZ2 VAR RT 11/09/2006 DD 11/12/04 A+ 650,201.50 ,19 1,400,000.00 PUBLIC SVC ELEC & GAS CO 1ST .ooo 4.0B5 A3 100.000 1,100,000.00 • 41 74456JFN3 VAR RT 06/23/2006 DD 06/25/04 A-1,400,000.00 .42 350,900.66 RESIDENTI!\L ASSET 03-RSll /\IIB .000 4. 161 AAA 99. 979 350,900.66 .10 7609B5K83 VAR RT 12/25/2033 DO 12/30/03 AAA 350,826.97 .10 1,aoo,000.00 SLM CORP MTN t TR 00067 .ooo 3.84B A2 100.312 1,805,040.00 .53 78442FCUO VAR RT 07/25/2009 00 07/26/04 A 1,805,616.00 .54 2,587,990.37 SLM STUDENT LN TR 04-6 A2 .ODO 3.687 AAA 100.075 2,588,293.65 .77 78442GMA1 VAR RT Ol/25/2013 OD 06/30/04 AAA 2,589,931.36 .77 2,3001000,0CJ SALOMON SMITH MTN f SR 00206 .ooo 3,935 Ml 100.203 2,30R,514.60 • 6 B 79548EJP8 VAR RT 05/1B/2007 DD 05/28/02 2,304,669.00 .68 2,498,126.09 SBA GTD DEV PARTN 2001-20C 1 .ooo 5.985 AAA 105.935 2,498,126.09 ,"/8 83162CLJO 6.340% 03/01/2021 AAA 2,646,389.87 .79 1,146,403.33 SBA GTD PARTN CTFS SBIC-PS 01 .ooo 6.629 AAA 100,165 1,146,403,33 .34 831641DD4 6.640% 02/10/2011 DD 02/21/01 NR 1,148,294.90 .34 2,000,000.00 TOYOTA MTR CR MTN tTR00413 .000 3,730 AAA 99.984 1,998,188.00 .59 89233PTE6 VAR RT 09/18/2006 DD 03/16/05 AAA 1,999,680,00 .59 1,600,000.00 UNITED AIRLS PASSTHRU 01-1 C ,000 ll, 153 WR 61.250 1,600,000,00 .29 909317BC2 6.831% 03/01/2010 DD 08/22/01 A-980,000.00 .29 2,539,551.00 US TREASURY INFLATION INDEX NT .ooo 3.424 AAA 105.875 2,754,748.60 .79 9128273T7 3.625% 01/15/2008 DD 01/15/98 AAA 2,688,749.62 .BO 11,317,160.00 US TREASURY INFLATION INDEX NT .ooo 3,571 AM 109.500 12,497,136.76 3.65 9128274YS 3,875% 01/15/2009 DO 01/15/99 AAA 12,279,118.60 3.64 YLDANl\t YIELD ANALYSIS PAGE 13 OCSF07522202 2005/09/30 RUN DATE 10/05/05 DISTRICT: LONG-TERM OPERATING RUN TIME 13,36.30 -------------------~=====-=-----==-------------------.---------------------------------=--------~.c---------~----------- PAR VALUE YTH AT CURRENT MOODY MJ\Rl<.ET TOTAL COST/ % TYPE SECURITY ID SECURITY DESCRIPTION BOOK YIELD S-P PRICE MAR.l<ET VALUE % TOTAL -----------------------------·-----------·----·----------------·-~-------------------------- 3,900,000,00 US TREASURY NOTES .000 s. 734 AAA 100.281 4,193,993.62 1.16 9128276N7 05,750% 11/15/2005 DD 11/15/00 AAA 3,910,978.50 1.16 2,100,000.00 US TREASURY NOTES .ooo 4.266 I\M 99.625 2,105,699.39 ,62 912828BH2 4.250% 08/15/2013 DD 08/15/03 AAA 2,092,125,00 .62 10,900,000,00 US TREASURY NOTES ,ODO 3,459 All.A 97.580 10,708,447,ll 3. 16 912828BT6 3,375% 12/15/2008 DD 12/15/03 AAA 10,636,220,00 3,16 105,734,00 US TREASURY INFLATION INDEXED .ooo 1.959 AAT\ 102.110 107,939,37 .03 91282BBW9 2,000% 01/15/2014 DD Ol/15/04 AAA 107,964.99 .03 12,500,000.00 US TREASURY NOTES .ooo 2,775 AAA 99,090 12,424,543.03 3.68 91282BCHO 2,7501 06/30/2006 DD 06/30/04 AM 12,386,250.00 3,68 3,213,026.00 US TREASURY INFLATION INDEX NT .ooo 1.957 AM 102. 180 3,300,893.88 .97 912828CP3 2,000% 07/15/2014 DD 07/15/04 AAA 3,283,069.97 ,97 14,000,000.00 US TREASURY NOTES ,000 2. 779 A.AA 9B,960 13,927,531.82 4. 12 912B2BCQl 2,750% 07/31/2006 DD 07/31/04 AAA 13,854,400,00 4.11 35,300,000.00 US TRET\SURY NOTES .000 2 .411 1\1'.T\ 98.500 35,120,197.62 10. 34 912828CU2 2,375% 08/31/2006 DD 08/31/04 AAA 34,770,500.00 10,32 20,soo,000.00 US TREASURY NOTES ,000 2.916 AAA 98.600 20,640,268.90 6,10 912B28PD9 2,875% 11/30/2006 DD 11/30/04 AAA 20,500,aoo.oo 6,09 13,920,000.00 US TREASURY NOTES .ooo 3.597 AAA 97,300 13,626,296.77 4.02 912828DE7 3.500% 12/15/2009 DD 12/15/04 AAA 13,544,160,00 4.02 16,200,000,00 US TREASURY NOTES .ooo 4,035 AAA 99 .140 16,201,259.92 4,71 912B28DP2 4,000% 03/15/2010 DD 03/15/05 AAA 16,060,680.00 4, 77 11,200,000.00 US TREASURY NOTES .ooo 3.773 AAA 99,390 11,165,662,53 3.31 91282BDQO 3.750% 03/31/2007 DD 03/31/05 AAA ll, 131,680.00 3.30 11,000,000.00 US TREASURY NOTES .ooo 3,537 AAA 98,950 10,915,072.08 3.23 912828DW7 3,500% 05/31/2007 DD 05/31/05 AAA 10,884,500.00 3.23 20,000,000.00 US TREASURY NOTES .ooo 3.659 ]\Al\ 99,080 19,864,857.19 5.89 912828DY3 3.625% 06/30/2007 PD 06/30/05 AAA 19,816,000.00 5.88 1,750,000.00 VIRGINIA ELEC & PWR 01 SER A .ooo s. 715 A3 100,609 1,743,840.00 ,52 927804ENO 5,750% 03/31/2006 DD 03/27/01 BBB+ 1,760,657.50 .52 YLDANAL OCSF07522202 DISTRICT! LONG-TERM OPERATING YIELD ANALYSIS 2005/09/30 =============================~=========================~============~== PAR VALUE YT!'{ AT CURRENT MOODY SECURITY ID SECURITY DESCRIPTION BOOK YIELD 5-P ----------------------------------------------·-------------·-------- 8,525,791.68 US TREASURY INFLATION INDEX NT 3,817 3.263 AAA 9128272MJ 3,375% 01/15/2007 DD 01/15/97 AAA 690,309.89 F'HLMC MULTICLASS MTG SER EJ A 6.316 4.260 AAA 3133TCE95 VAR RT 08/15/2032 DD 12/01/97 AAA 400,706,50 GNMA GTD REMIC TR 2000-9 FR 6,320 4,241 AAA 3837H4NX9 VAR RT 02/16/2030 AAA 159,140.18 GNMA II POOL #0B00BBM 6.705 4.335 AAA 36225CC20 7.375% 06/20/2027 DD 06/01/97 AAA 123,142,09 GNMJ\ II POOL #0080023 6.992 4,073 AAA 36225CAZ9 VAR RT 12/20/2026 00 12/01/96 AAA 2,100,000.00 FEDERAL NATL MTG ASSN DEBS 7,113 6.164 AAA 313S9MEY5 6,625% 09/15/2009 DD 09/01/99 AAA 928,459.22 WMP/HUNTOON PAIGE J000-11150 7,684 7,413 AAA 302998GE3 7.500% 12/01/2030 DD 10/21/99 AAA ---·---------- TOTAL FIXED INCOME SECURITIES ,023 4.417 ---------- TOTAL .023 4 .416 PAGE RUN DATE RUN TIME 14 10/05/05 13.36.30 -=====--================================= MARKET TOTAL COST/ % TYPE PRICE MARKET VALUE % TOTAL ---------------------------- 103. 438 7,586,479.00 2.62 8,818,865, 77 2.62 99.397 691,045.30 .20 686,147.32 .20 100,724 400,706,50 ,12 403,607.62 .12 100.932 162,621.36 .04 160,623.37 ,OS 101.269 125,181.62 .03 124,704,76 .04 107.478 2,030,133.00 .67 2,7.57,038,00 ,67 101.177 908,294.24 ,27 939,383.19 ,28 -----------------337,B58,869.BO 100.00 336,151,201,20 99,75 -------·. ------------- 338,608,888,60 100,00 336,901,220,00 100.00 =-;::::---====== =====:=::= Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSG000l0000 9/30/2005 Status: FINAL Net Unrealized Price Cost Market Value % of Gain/Loss l Description Base Shares Par Base Base Total Base U.S. DOLLAR CASH & CASH EQUIVALENTS INTEREST RECEIVABLE 2,383,954.99 2,383,954.99 0.76% 0.00 RECEIVABLE FOR INVESTMENTS 14,198.20 14,198.20 0.00% 0.00 SOLD PAYABLE FOR INVESTMENTS -85,664, 905.35 -85,664,905.35 -27.38% 0.00 PURCHASED BANKAMERICA CORP 99.0675 1,100,000.000 1,089,742.50 1,089,742.50 0.35% 0.00 DISC11/21/2005SEC ID: 0660P0YM9 BANKAMERICA CORP 99.0675 1,600,000.000 1,585,080.00 1,585,080.00 0.51% 0.00 DISC12/07 /2005SEC ID: 0660P0Z71 CITIBANK NA NY BRH INSTL C/D 3. 100.0000 1,500,000.000 1,500,000.00 1,500,000.00 0.48% 0.00 720% 11/09/2005 DD 08/09/05SEC ID: 17304TXA6 DU PONT DE NEMOUR 99.7933 1,359,000.000 1,356,191.40 1,356,191.40 0.43% 0.00 DISC10/18/2005SEC ID: 26354AXJ8 FEDERAL HOME LN BK CONS 99.9735 5,400,000.000 5,398,569.00 5,398,569.00 1.73% 0.00 DISCMAT 10/03/2005SEC ID: 313385MM5 FEDERAL HOME LN BK CONS DISC 99.1446 2,900,000.000 2,875,193.72 2,875,193.72 0.92% 0.00 NMAT 10/19/2005SEC ID: 313385ND4 FEDERAL HOME LN BK CONS 98.1042 1,900,000.000 1,863,979.17 1,863,979.17 0.60% 0.00 DISCSEC ID: 313385SQ0 FEDERAL HOME LN BK CONS DISC 98.1227 300,000.000 294,368.00 294,368.00 0.09% 0.00 NMAT 02/22/2006SEC ID: 313385TK2 FEDERAL HOME LN MTG CORP 99.9735 3,300,000.000 3,299,125.50 3,299,125.50 1.05% 0.00 DISCMAT 10/03/2005SEC ID: 313397MM0 FEDERAL HOME LN MTG CORP 98.5933 2,000,000.000 1,971,865.00 1,971,865.00 0.63% 0.00 DISCMAT 11/01/2005SEC ID: 313397NS6 FEDERAL HOME LN MTG CORP 99.0923 1,100,000.000 1,090,015.03 1,090,015.03 0.35% 0.00 DISCMAT 1 l/08/2005SEC ID: 313397NZ0 1 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSG000l0000 9/30/2005 Status: FINAL Net Unrealized Price Cost Market Value % of Gain/Loss Description Base Shares Par Base Base Total Base --- FEDERAL HOME LN MTG CORP 98.2537 1,900,000.000 1,866,820.72 1,866,820.72 0.60% 0.00 DISCMAT 01/ 10/2006SEC ID: 313397RQ6 FEDERAL HOME LN MTG CORP 98.1827 2,200,000.000 2,160,018.36 2,160,018.36 0.69% 0.00 DISCMAT 02/28/2006SEC ID: 313397TR2 FEDERAL HOME LN MTG CORP 98.0890 700,000.000 686,623.00 686,623.00 0.22% 0.00 DISCMAT 03/ 14/2006SEC ID: 313397UF6 FEDERAL NATL MTG ASSN 98.3671 4,000,000.000 3,934,682.22 3,934,682.22 1.26% 0.00 DISCOUNTMAT 10/26/2005SEC ID: 313589NL3 FEDERAL NATL MTG ASSN 98.7943 3,000,000.000 2,963,827.50 2,963,827.50 0.95% 0.00 DISCOUNTMAT 12/ 19/2005SEC ID: 313589QS5 FEDERAL NATL MTG ASSN 98.2698 900,000.000 884,427.75 884,427.75 0.28% 0.00 DISCOUNTMAT 02/08/2006SEC ID:313589SV6 FEDERAL NATL MTG ASSN 98.1725 3,800,000.000 3,730,555.00 3,730,555.00 1.19% 0.00 DISCOUNTMAT 03/01 /2006SEC ID: 313589TS2 UNITED STATES TREASURY BILL 0. 98.1598 3,300,000.000 3,239,272.67 3,239,272.67 1.04% 0.00 000% 03/16/2006 DD 09/15/05SEC ID: 912795WT4 WELLS FARGO BANK NA INSTL C/D 100.0000 2,500,000.000 2,500,000.00 2,500,000.00 0.80% 0.00 3.760% 10/13/2005 DD 09/27/05SECID:9497P23M7 CS FOB CAT 2 REPO REPO03.250% 100.0000 11,800,000.000 11 ,800,000.00 11,800,000.00 3.77% 0.00 10/03/2005 DD 09/30/05SEC ID: 99441U490 DREYFUS TREASURY CASH 100.0000 866,697.340 866,697.34 866,697.34 0 .28% 0.00 MGMTSEC ID: 996085247 TOTAL CASH & CASH EQUIVALENTS 57,425,697.340 -26,309,698.28 -26,309,698.28 -8.41% 0.00 FIXED INCOME SECURITIES AIG SUNAMERICA GLOBAL REG S 5. 109.8670 752,000.000 826,199.84 826,199.84 0.26% 0.00 850% 08/01/2008 DD 08/08/01SECID:U00907AA0 ASSOCIATES CORP NORTH AMER NT-100.2500 15,000.000 15,112.95 15,037.50 0.00% -75.45 6.375% 11/15/2005 DD 11/21/95SEC ID: 046003FM6 2 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED-OCSG000l0000 9/30/2005 Status: FINAL Net Unrealized Price Cost Market Value % of Gain/Loss Description Base Shares Par Base Base Total Base BEAR STEARNS COS INC NTS6. 100.0000 75,000.000 75,422.25 75,000.00 0.02% -422.25 875% 10/01/2005 DD 10/05/95SECID:073902AU2 BEAR STEARNS COS INC GLOBAL 99.3750 112,000.000 111,364.96 111,300.00 0.04% -64.96 NT3.000% 03/30/2006 DD 02/19/03SECID:073902CB2 CIT GROUP INC GLOBAL SR NT4. 99.9100 500,000.000 499,820.00 499,550.00 0.16% -270.00 125% 02/21/2006 DD 02/20/03SECID: 125577AN6 CIT GROUP INC SR NT 7.375% 103.9816 600,000.000 632,688.00 623,889.82 0.20% -8,798.18 04/02/2007 DD 04/01/02SEC ID: 125581M6 CIT GROUP INC NEW SR NTVAR RT 100.3430 1,500,000.000 1,507,005.00 1,505,145.00 0.48% -1,860.00 09/22/2006 DD 09/23/03SEC ID: 125581AF5 CIT GROUP INC MTN #SR00092VAR 100.2500 3,300,000.000 3,300,000.00 3,308,250.00 1.06% 8,250.00 RT 05/23/2008 DD 05/25/05SEC ID: 12560PDV0 CITIGROUP INC GLOBAL SR NTVAR 99.9840 1,600,000.000 1,600,000.00 1,599,744.00 0.51% -256.00 RT 05/02/2008 DD 05/02/05SEC !D: l 72967CW9 WMP/HUNTOON PAIGE #000-101.1766 928,459.220 908,294.24 939,383.19 0.30% 31,088.95 111507.500% 12/01/2030 DD 10/21/99SECID:302998GE3 FEDERAL HOME LN MTG CORP 100.0000 700,000.000 691,824.00 700,000.00 0.22% 8,176.00 MTN2.375% 05/19/2006 DD 05/19/03SECID:3128XlCU9 FEDERAL HOME LN MTG CORP MTN 100.1820 1,000,000.000 1,002,656.25 1,001,820.00 0.32% -836.25 6.250% 11/14/2013 DD ll/14/03SECID:3128Xl6R3 FEDERAL HOME LN MTG CORP MTN 97.4200 10,000,000.000 9,993,100.00 9,742,000.00 3.11% -251,100.00 4.000% 09/22/2009 DD 09/22/04SEC ID: 3128X3WY5 FHLMC MULTICLASS MTG SER E3 99.3970 690,309.890 691,045.30 686,147.32 0.22% -4,897.98 AVAR RT 08/15/2032 DD 12/01/97SECID:3133TCE95 FEDERAL HOME LN BKS CONS 93.3150 2,700,000.000 2,565,820.00 2,519,504.65 0.81% -46,315.35 BDVAR RT 02/27/2012 DD 02/27/04SECID:3133X3SQ7 3 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSG000lO000 9/30/2005 Status: FINAL ------ Net Unrealized [ Description Price Cost Market Value %of Gain/Loss Base Shares Par Base Base Total Base ------ FEDERAL HOME LN BKS CONS BD 4. 97.4570 3,000,000.000 2,882,343.75 2,923,710.00 0.93% 41,366.25 000%03/18/2011 DD 06/19/03SECID:31339XKN3 FHLMC GROUP #78-6064 6.384% 102.8910 48,358.680 47,179.93 49,756.73 0.02% 2,576.80 01/01/2028 DD 12/01/97SEC ID: 31348SWZ3 FEDERAL NATL MTG ASSN DEBS6. 107.4780 2,100,000.000 2,030,133.00 2,257,038.00 0.72% 226,905.00 625% 09/15/2009 DD 09/0l/99SEC ID: 31359MEY5 FEDERAL NATL MTG ASSN DEBSS. 100.5820 2,350,000.000 2,385,461.50 2,363,677.00 0.76% -21,784.50 250% 06/15/2006 DD 06/22/0lSEC ID: 31359MJX2 FEDERAL NATL MTG ASSN DEBS 3. 95.5440 6,800,000.000 6,575,736.00 6,496,992.00 2.08% -78,744.00 125% 03/16/2009 DD 03/16/04SEC ID: 31359MUQ4 FNMA POOL #0254510 5.000% 99.7840 551,818.590 568,373.14 550,626.66 0.18% -17,746.48 11/01/2017 DD 10/01/02SEC ID: 31371KVB4 FNMA POOL #0254631 5.000% 99.7830 118,409.660 121,961.96 118,152.71 0.04% -3,809.25 02/01/2018 DD 01/01/03SEC ID: 31371KY47 FNMA POOL #0254760 5.000% 99.7760 107,194.400 110,410.23 106,954.28 0.03% -3,455.95 06/01/2018 DD 05/01/03SEC ID: 31371K5V9 FNMA POOL #0254866 5.000% 99.7650 48,963.400 50,432.31 48,848.34 0.02% -1,583.97 09/01/2018 DD 08/01/03SEC ID: 31371LCB3 FNMA POOL #0254907 5.000% 99.7610 363,750.220 363,750.22 362,880.86 0.12% -869.36 10/01/2018 DD 09/01/03SEC ID: 31371LDL0 FNMA POOL #0254953 5.000% 99.7570 259,190.100 262,510.98 258,560.27 0.08% -3,950.71 11/01/2018 DD 10/01/03SEC ID: 31371LE21 FNMA POOL #0254987 5.000% 99.8060 698,081.440 707,025.61 696,727.39 0.22% -10,298.22 12/01/2018 DD l 1/01/03SEC ID: 31371LF46 FNMA POOL #0323980 6.000% 102.9460 113,254.480 118,244.76 116,590.96 0 .04% -1,653.80 04/01/2014 DD 09/01/99SEC ID: 31374T2M0 4 Workbench Asset Detail Report ID: GL8013 Base Currency: USO by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSG000lO000 9/30/2005 Status: FINAL Net Unrealized Price Cost Market Value % of Gain/Loss Description Base Shares Par Base Base Total Base FNMA POOL #0357430 5.000% 99.7720 85,676.720 86,640.58 85,481.38 0.03% -1, 159.20 09/01/2018 DD 09/01/03SEC ID: 31376KA71 FNMA POOL #0456482 6.000% 102.9450 33,374.370 34,844.91 34,357.25 0.01% -487.66 02/01/2014 DD 02/01/99SEC ID: 31381CCT2 FNMA POOL #0509649 6.000% 102.9480 92,283.950 96,350.21 95,004.48 0.03% -1,345.73 09/01/2014 DD 09/01/99SEC ID: 31383QEW0 FNMA POOL #0535451 6.000% 102.9480 88,310.570 92,201.76 90,913.97 0.03% -1,287.79 06/01/2015 DD 07 /01/00SEC ID: 31384VZQ8 FNMA POOL #0555363 5.000% 99.7830 255,211.720 262,868.06 254,657.91 0.08% -8,210.15 04/01/2018 DD 03/01/03SEC ID: 31385W5Yl FNMA POOL #0555545 5.000% 99.7830 212,847.270 219,232.70 212,385.39 0.07% -6,847.31 06/01/2018 DD 05/01/03SEC ID: 31385XES2 FNMA POOL #0555621 5.000% 99.8060 733,416.340 741,667.26 731,993.75 0.23% -9,673.51 07/01/2018 DD 06/0l/03SEC ID: 31385XG68 FNMA POOL #0681309 5.000% 99.7830 408,235.840 420,482.91 407,349.97 0.13% -13,132.94 02/01/2018 DD 02/01/03SEC ID: 31391Y3S4 FNMA POOL #0681334 5.000% 99.7830 48,880.960 50,347.39 48,774.89 0.02% -1,572.50 02/01/2018 DD 0l/01/03SEC ID: 31391Y4Tl FNMA POOL #0684798 5.500% 100.0720 294,761.120 294,507.82 294,973.35 0.09% 465.53 03/01/2033 DD 03/01/03SEC ID: 31400DX31 FNMA POOL #0684908 5.000% 99.7760 262,876.330 266,244.46 262,287.49 0.08% -3,956.97 06/01/2018 DD 05/01/03SEC ID: 31400D3Rl FNMA POOL #0685200 5.000% 99.7830 143,723.050 145,564.52 143,411.17 0.05% -2,153.35 03/01/2018 DD 03/01/03SEC ID: 31400EGH7 FNMA POOL #0686318 5.000% 99.7830 217,293.790 223,812.60 216,822.26 0.07% -6,990.34 03/01/2018 DD 03/01/03SEC ID: 31400FPB7 5 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED-OCSG000l0000 9/30/2005 Status: FINAL Net Unrealized Price Cost Market Value % of Gain/Loss Description Base Shares Par Base Base Total Base FNMA POOL #0688739 5.000% 99.7760 86,775.780 89,379.05 86,581.40 0.03% -2,797.65 06/01/2018 DD 06/01/03SEC ID: 31400JEL9 FNMA POOL #0689859 5.000% 99.7760 79,846.910 80,869.95 79,668.05 0.03% -1,201.90 05/01/2018 DD 05/01/03SEC ID: 31400KMG8 FNMA POOL #0693834 5.000% 99.7830 451,478.800 465,023.14 450,499.09 0.14% -14,524.05 03/01/2018 DD 03/0l/03SEC ID: 31400PY74 FNMA POOL #0695852 5.000% 99.7790 168,742.930 173,805.22 168,370.01 0.05% -5,435.21 05/01/2018 DD 05/01/03SEC ID: 31400SBV0 FNMA POOL #0695889 5.000% 99.7790 607,602.980 625,831.08 606,260.18 0.19% -19,570.90 05/01/2018 DD 05/01/03SEC ID: 31400SC23 FNMA POOL #0702210 5.000% 99.8060 168,193.430 173,239.24 167,867.19 0.05% -5,372.05 05/01/2018 DD 05/01/03SEC ID: 31401ADP9 FNMA POOL #0702328 5.000% 99.7790 100,600.880 101,889.82 100,378.55 0.03% -1,511.27 05/01/2018 DD 04/0l/03SEC ID: 31401AHD2 FNMA POOL #0709148 5.000% 99.7720 222,556.440 229,233.15 222,049.01 0.07% -7,184.14 06/01/2018 DD 06/01/03SEC ID: 31401HZM7 FNMA POOL #0709360 5.000% 99.7720 481,798.250 487,971.29 480,699.75 0.15% -7,271.54 07/01/2018 DD 06/01/03SEC ID: 31401JB56 FNMA POOL #0709826 5.000% 99.7760 84,910.190 85,998.10 84,719.99 0.03% -1,278.11 06/01/2018 DD 06/01/03SEC ID: 31401JSP4 FNMA POOL #0709917 5.000% 99.7760 177,732.170 180,009.37 177,334.05 0.06% -2,675.32 06/01/2018 DD 06/0l/03SEC ID: 31401JVJ4 FNMA POOL #0710235 5.000% 99.7720 442,265.070 455,533.05 441,256.71 0.14% -14,276.34 06/01/2018 DD 06/01/03SEC ID: 31401KBC8 FNMA POOL #0713365 5.000% 99.7720 181,120.970 183,441.57 180,708.01 0.06% -2,733.56 07/01/2018 DD 07 /0l/03SEC ID: 31401NQS1 6 Workbench Asset Detail Report ID: GL8013 Base Currency: USO by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSG000l0000 9/30/2005 Status: FINAL Net Unrealized Price Cost Market Value % of Gain/Loss I Description Base Shares Par Base Base Total Base FNMA POOL #0720319 5.000% 99.7720 552,900.740 559,984.80 551 ,640.13 0.18% -8,344.67 07/01/2018 DD 07 /01/03SEC ID: 31401WG45 FNMA POOL #0720369 5.000% 99.8060 1,824,128.380 1,878,852.23 1,820,590.15 0.58% -58,262.08 06/01/2018 DD 06/01/03SEC ID: 31401WJN0 FNMA POOL #0721629 5.000% 99.7720 236,477.370 243,571.71 235,938.20 0.08% -7,633.51 07/01/2018 DD 06/01/03SEC ID: 31401XVW4 FNMA POOL #0723487 5.000% 99.7720 182,401.740 184,453.78 181,985.86 0.06% -2,467.92 06/01/2018 DD 06/01/03SEC ID: 31402AXQ4 FNMA POOL #0725530 5.000% 99.7603 2,751,547.340 2,788,951.17 2,744,952.10 0.88% -43,999.07 06/01/2019 DD 05/01/04SEC ID: 31402DA75 FNMA POOL #0729601 5.000% 99.7680 317,139.450 321,202.81 316,403.69 0.10% -4,799.12 07/01/2018 DD 07 /01/03SEC ID: 31402HRW3 FNMA POOL #0732873 5.000% 99.7570 29,251.450 29,626.22 29,180.37 0.01% -445.85 11/01/2018 DD 10/01/03SEC ID: 31402MFN5 FNMA POOL #0735227 5.500% 99.9520 928,944.580 936,782.55 928,498.69 0.30% -8,283.86 02/01/2035 DD 01/01/05SEC ID: 31402QYY1 FNMA POOL #0735856 5.000% 99.7605 496,855.200 501,668.48 495,665.37 0.16% -6,003.11 08/01/2020 DD 08/01/05SEC ID: 31402RQH5 FNMA POOL #0737130 5.000% 99.7650 490,813.290 497,101.83 489,659.88 0.16% -7,441.95 10/01/2018 DD 10/01/03SEC ID: 31402S4P9 FNMA POOL #0738211 5.000% 99.8060 421,976.070 427,382.67 421,157.57 0.13% -6,225.10 10/01/2018 DD 10/01/03SEC ID: 31402UDQ2 FNMA POOL #0738487 5.000% 99.7570 153,011.210 154,971.67 152,639.39 0.05% -2,332.28 10/01/2018 DD 10/01/03SEC ID: 31402UNC2 FNMA POOL #0740457 5.000% 99.8060 1,795,830.000 1,820,242.06 1,792,346.66 0.57% -27,895.40 10/01/2018 DD 10/01/03SEC ID: 31402WTN8 7 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED · OCSG000l000O 9/30/2005 Status: FINAL Net Unrealized Price Cost Market Value % of Gain/Loss Description Base Shares Par Base Base Total Base l FNMA POOL #0740471 5.000% 99.8060 636,922.360 645,082.91 635,686.93 0.20% -9,395.98 10/01/2018 DD 10/0l/03SEC ID: 31402WT40 FNMA POOL #0740748 5.000% 99.7650 616,998.690 624,903.98 615,548.74 0.20% -9,355.24 10/01/2018 DD 11/01/03SEC ID: 31402W5H7 FNMA POOL #0743868 5.000% 99.8060 29,382.100 29,758.56 29,325.11 0.01% -433.45 11/01/2018 DD 10/01/03SEC ID: 31403BMR1 FNMA POOL #0744008 5.000% 99.7760 858,521.900 869,521.72 856,598.81 0.27% -12,922.91 07/01/2018 DD 09/01/03SEC ID: 31403BR54 FNMA POOL #0744316 5.000% 99.8060 129,472.890 131,131.76 129,221.75 0.04% -1,910.01 09/01/2018 DD 09/01/03SEC ID: 31403B324 FNMA POOL #0747914 5.000% 99.7570 238,096.460 241,147.08 237,517.89 0.08% -3,629.19 11/01/2018 DD 11/01/03SEC ID: 31403F3X0 FNMA POOL #0748400 5.000% 99.8060 149,335.970 151,249.34 149,046.31 0.05% -2,203.03 08/01/2018 DD 09/01/03SEC ID: 31403GNR9 FNMA POOL #0748899 5.000% 99.8060 783,380.360 793,417.42 781,860.85 0.25% -11,556.57 12/01/2018 DD 11/01/03SEC ID: 31403G7LO FNMA POOL #0750377 5.000% 99.8060 1,691,464.630 1,713,13!'i.52 1,688,183.73 0.54% -24,952.79 11/01/2018 DD 11/01/03SEC ID: 31403JUA2 FNMA POOL #0750380 5.000% 99.8060 1,443,142.920 1,461,633.20 1,440,343.68 0.46% -21,289.52 11/01/2018 DD 11/01/03SEC ID: 31403JUD6 FNMA POOL #0750445 5.000% 99.8060 137,921.530 139,688.65 137,654.01 0.04% -2,034.64 11/01/2018 DD 11/01/03SEC ID: 31403JWE2 FNMA POOL #0751960 5.000% 99.8060 651,709.850 660,059.90 650,445.74 0.21% -9,614.16 12/01/2018 DD ll/01/03SEC ID: 31403LMH1 FNMA POOL #0753425 5.000% 99.7540 677,197.010 685,027.09 675,531.11 0.22% -9,495.98 11/01/2018 DD 11/01/03SEC ID: 31403NA23 8 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSG000l0000 9/30/2005 Status: FINAL Net Unrealized Price Cost Market Value % of Gain/Loss Description Base Shares Par Base Base Total Base FNMA POOL #0755165 5.000% 99.7540 470,535.100 476,563.83 469,377.58 0.15% -7,186.25 12/01/2018 DD 11/01/03SEC ID: 31403Q6A3 FNMA POOL #0756372 5.000% 99.7540 808,306.090 817,652.13 806,317.66 0.26% -11,334.47 11/01/2018 DD ll/01/03SEC ID: 31403SJR8 FNMA POOL #0784251 5.000% 99.7130 2,760,305.690 2,797,828.60 2,752,383.61 0.88% -45,444.99 11/01/2019 DD ll/0l/04SEC ID: 31405BH46 FNMA POOL #0789670 5.000% 99.7100 806,343.120 817,304.35 804,004.72 0.26% -13,299.63 12/01/2019 DD 12/01/04SEC ID: 31405HJP4 FNMA POOL #0792432 5.000% 99.7170 813,626.220 824,686.45 811,323.66 0.26% -13,362. 79 10/01/2019 DD 10/01/04SEC ID: 31405LLM9 FNMA POOL #0792437 5.000% 99.7170 4,588,959.790 4,588,959.79 4,575,973.03 1.46% -12,986.76 10/01/2019 DD 10/01/04SEC ID: 31405LLS6 FNMA POOL #0794195 5.000% 99.7130 839,644.480 851,058.41 837,234.70 0.27% -13,823.71 11/01/2019 DD ll/01/04SEC ID: 31405NKG9 FNMA POOL #0797160 5.000% 99.7100 1,773,353.780 1,797,460.30 1,768,211.05 0.57% -29,249.25 12/01/2019 DD 12/01/04SEC ID: 31405RTR7 FNMA POOL #0797408 5.000% 99.7100 785,092.740 795,765.10 782,815.97 0.25% -12,949.13 12/01/2019 DD 12/01/04SEC ID: 31405R3R5 FNMA POOL #0797414 5.000% 99.7100 773,590.350 784,106.33 771,346.94 0.25% -12, 759.39 12/01/2019 DD 12/01/04SEC ID: 31405R3X2 FNMA POOL #0800370 5.000% 99.7100 354,291.030 353,903.53 353,263.59 0.11% -639.94 12/01/2019 DD ll/01/04SEC ID: 31405VFK8 FNMA POOL #0800998 5.500% 99.9400 301,156.660 300,897.87 300,975.97 0.10% 78.10 11/01/2034 DD 11/01/04SEC ID: 31405V3F2 FNMA POOL #0803923 5.000% 99.7100 2,886,926.750 2,926,170.91 2,878,554.66 0.92% -47,616.25 12/01/2019 DD 12/01/04SEC ID: 31406AD41 9 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSG000l0000 9/30/2005 Status: FINAL Net Unrealized Price Cost Market Value %of Gain/Loss Description Base Shares Par Base Base Total Base - FNMA POOL #0807711 5.000% 99.7100 2,832,461.770 2,870,965.54 2,824,247.63 0.90% -46, 717.91 01/01/2020 DD 01/01/05SEC ID: 31406EKY9 FNMA POOL #0808933 5.500% 99.9400 331,304.460 331,019.74 331,105.68 0.11% 85.94 01/01/2035 DD Ol/01/05SEC ID: 31406FV24 FNMA POOL #0809350 5.500% 99.9400 313,169.300 312,900.17 312,981.40 0.10% 81.23 12/01/2034 DD 0l/01/05SEC ID: 31406GEX3 FNMA POOL #0814930 5.500% 100.0079 324,130.140 323,851.59 324,155.59 0.10% 304.00 04/01/2035 DD 04/01/05SEC ID: 31406NLK8 FNMA POOL #0815923 5.500% 99.9400 323,127.030 322,849.35 322,933.15 0.10% 83.80 03/01/2035 DD 03/01/05SEC ID: 31406PPG8 FNMA POOL #0816246 5.000% 99.7100 611,823.760 611,154.57 610,049.47 0.19% -1,105.10 03/01/2020 DD 03/01/05SEC ID: 31406PZK8 FNMA POOL #0819566 5.500% 99.9400 318,736.110 318,462.20 318,544.87 0.10% 82.67 04/01/2035 DD 04/01/05SEC ID: 31406TQT1 FNMA POOL #0822731 5.500% 99.9400 322,925.620 322,648.10 322,731.86 0.10% 83.76 05/01/2035 DD 05/01/05SEC ID: 31406XA85 FNMA POOL #0823232 5.500% 99.9400 331,015.920 330,731.44 330,817.31 0 .11% 85.87 06/01/2035 DD 05/01/05SEC ID: 31406XSV5 FNMA POOL #0823787 5.000% 99.7100 968,561.000 967,501.63 965,752.17 0.31% -1,749.46 05/01/2020 DD 05/01/05SEC ID: 31406YF47 GNMA POOL #0421389 6.500% 104.0960 7,890.690 8,281.53 8,213.89 0.00% -67.64 04/15/2026 DD 04/01/96SEC ID: 36206UC23 GNMA POOL #0449851 6.500% 103.9107 11,920.540 12,510.97 12,386.72 0 .00% -124.25 01/15/2028 DD 01/01/98SEC ID: 36208FWL0 GNMA POOL #0466845 6.500% 104.0760 32,280.920 33,879.84 33,596.69 0.01% -283.15 06/15/2028 DD 06/01/98SEC ID: 362098TA6 10 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSG00010000 9/30/2005 Status: FINAL Net Unrealized Price Cost Market Value % of Gain/Loss 1 Description Base Shares Par Base Base Total Base GNMA POOL #0468052 6.500% 104.0730 39,841.030 41,814.40 41,463.76 0.01% -350.64 07/15/2028 DD 07 /01/98SEC ID: 36209C5M4 GNMA POOL #0476041 6.500% 104.0760 111,442.840 116,788.63 115,985.25 0.04% -803.38 06/15/2028 DD 06/01/98SEC ID: 36209MZE7 GNMA POOL #0478626 6.500% 104.0580 118,937.660 124,642.95 123,764.15 0.04% -878.80 01/15/2029 DD 0l/01/99SEC ID: 36209QVT9 GNMA POOL #0480598 6.500% 104.0640 28,413.090 29,776.02 29,567.80 0.01% -208.22 10/15/2028 DD 10/01/98SEC ID: 36209S3F6 GNMA POOL #0512235 6.500% 104.0300 5,802.990 6,090.42 6,036.85 0.00% -53.57 11/15/2029 DD 1 l/01/99SEC ID: 36211GBC6 GNMA POOL #0514326 6.500% 104.0410 76,738.840 80,419.90 79,839.86 0.03% -580.04 07/15/2029 DD 07 /01/99SEC ID: 36211JLF2 GNMA II POOL #0080023VAR RT 101.2690 123,142.090 125,181.62 124,704.76 0.04% -476.86 12/20/2026 DD 12/01/96SEC ID: 36225CAZ9 GNMA II POOL #080088M 7.375% 100.9320 159,140.180 162,621.36 160,623.37 0.05% -1,997.99 06/20/2027 DD 06/01/97SEC ID: 36225CC20 GNMA II POOL #0080395VAR RT 101.0140 131,049.750 129,86;2.12 132,378.59 0.04% 2,516.47 04/20/2030 DD 04/01/00SEC ID: 36225CNM4 GNMA II POOL #080408XVAR RT 101.0140 1,159,755.300 1,147,976.53 1,171,515.22 0.37% 23,538.69 05/20/2030 DD 05/01/00SEC ID: 36225CN28 GNMA II POOL #0080965VAR RT 100.4940 1,112,493.640 1,111,798.32 1,117,989.36 0.36% 6,191.04 07/20/2034 DD 07 /01/04SEC ID: 36225DCB8 GENERAL ELEC CO NTVAR RT 99.9840 6,500,000.000 6,502,203.50 6,498,960.00 2.08% -3,243.50 10/24/2005 DD 10/24/03SEC ID: 369604AZ6 GOLDMAN SACHS GRP MTN 100.1090 2,000,000.000 2,001,900.00 2,002,180.00 0.64% 280.00 #TR00203VAR RT 03/30/2007 DD 04/01/04SECID:38141EJL4 11 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSG000l0000 9/30/2005 Status: FINAL Net Unrealized Price Cost Market Value % of Gain/Loss Description Base Shares Par Base Base Total Base ---- GOLDMAN SACHS GRP MTN 100.5310 800,000.000 800,000.00 804,248.00 0.26% 4,248.00 #TR00207VAR RT 07/23/2009 DD 07/23/04SECID:38141EJQ3 GOLDMAN SACHS GRPVAR RT 100.2340 4,250,000.000 4,250,000.00 4,259,945.00 1.36% 9,945.00 06/28/2010 DD 06/28/05SEC ID: 38143UBD2 GNMA GTD REMIC TR 2000-9 100.7240 400,706.500 400,706.50 403,607.62 0.13% 2,901.12 FHVAR RT 02/ 16/2030SEC ID: 3837H4NX9 HSBC BK USA MTN #SR00012VAR 100.1250 250,000.000 250,170.00 250,312.50 0.08% 142.50 RT 09/21/2007 DD 09/21/04SEC ID: 4042Q0AM1 HSBC FIN CORP NTVAR RT 100.0000 2,700,000.000 2,700,000.00 2,700,000.00 0.86% 0.00 09/15/2008 DD 09/15/0SSEC ID: 40429CCU4 HSBC FIN CORP MTN # TR 100.0310 3,000,000.000 3,000,000.00 3,000,930.00 0.96% 930.00 00002VAR RT 02/28/2007 DD 03/29/05SECID:40429JAB3 HSBC FIN CORP MTN # TR 100.0150 3,000,000.000 2,995,830.00 3,000,450.00 0.96% 4,620.00 00007VAR RT 05/10/2010 DD 05/ 10/05SEC ID: 40429JAG2 HOUSEHOLD FIN CORP NT 7.250% 101.6710 500,000.000 511,620.00 508,355.00 0.16% -3,265.00 05/15/2006 DD 05/15/96SEC ID: 441812FT6 HOUSEHOLD FIN CORP NT7.200% 102.0150 2,500,000.000 2,591,500.00 2,550,375.00 0.82% -41,125.00 07/15/2006 DD 07 /15/99SEC ID: 441812GH1 MERRILL LYNCH & CO INC NT6. 100.5150 102,000.000 102,736.44 102,525.30 0.03% -211.14 250% 01/15/2006 DD 01/20/94SECID: 590188FC7 MORGAN STANLEYVAR RT 100.1090 2,000,000.000 2,002,980.00 2,002,180.00 0.64% -800.00 01/12/2007 DD 0l/13/04SEC ID: 61746BAK2 MORGAN STANLEY NT 3.875% 97.4840 3,200,000.000 3,149,248.00 3,119,488.00 1.00% -29,760.00 01/15/2009 DD 01/13/04SEC ID: 61746BAL0 MORGAN STANLEY NTVAR RT 100.0310 650,000.000 650,000.00 650,201.50 0.21% 201.50 11/09/2006 DD 11/12/04SEC ID: 61746SAZ2 12 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSG000l0000 9/30/2005 Status: FINAL Net Unrealized Price Cost Market Value % of Gain/Loss Description Base Shares Par Base Base Total Base - PUBLIC SVC ELEC & GAS CO 100.0000 1,400,000.000 1,400,000.00 1,400,000.00 0.45% 0.00 lSTVAR RT 06/23/2006 DD 06/25/04SECID:744567FN3 RESIDENTIAL ASSET 03-RS 11 99.9790 350,900.660 350,900.66 350,826.97 0.11% -73.69 AIIBVAR RT 12/25/2033 DD 12/30/03SECID:760985K83 SLM CORP MTN # TR 00067VAR RT 100.3120 1,800,000.000 1,805,040.00 1,805,616.00 0.58% 576.00 07/25/2008 DD 07 /26/04SEC ID: 78442FCU0 SLM STUDENT LN TR 04-6 A2VAR 100.0750 2,587,990.370 2,588,293.65 2,589,931.36 0.83% 1,637.71 RT 01/25/2013 DD 06/30/04SEC ID: 78442GMA1 SALOMON SMITH MTN# SR 100.2030 2,300,000.000 2,308,514.60 2,304,669.00 0.74% -3,845.60 00206VAR RT 05/18/2007 DD 05/28/02SECID:79548EJP8 SBA GTD DEV PARTN 2001-20C 16. 105.9350 2,498,126.090 2,498,126.09 2,646,389.87 0.85% 148,263.78 340% 03/01/2021SEC ID: 83162CWO SBA GTD PARTN CTFS SBIC-PS 01 100.1650 1,146,403.330 1,146,403.33 1,148,294.90 0.37% 1,891.57 6.640% 02/10/2011 DD 02/21/0lSEC ID: 831641DD4 SOUTHWESTERN BELL TEL CO 100.2650 1,000,000.000 1,007,520.00 1,002,650.00 0.32% -4,870.00 MED6.560% 11/15/2005 DD 11/15/96SECID:84534EDS4 TOYOTA MTR CR MTN #TR00413VAR 99.9840 2,000,000.000 1,998,188.00 1,999,680.00 0.64% 1,492.00 RT 09/18/2006 DD 03/16/05SEC ID: 89233PTE6 UNITED AIRLS PASSTHRU 01-1 C 6. 61.2500 1,600,000.000 1,600,000.00 980,000.00 0.31% -620,000.00 831% 03/01/2010 DD 08/22/01SECID:909317BC2 US TREASURY INFLATION INDEX 103.4375 8,525,791.680 7,586,479.00 8,818,865.77 2.82% 1,232,386.77 NT 3.375% 01/15/2007 DD 0l/15/97SECID:9128272M3 US TREASURY INFLATION INDEX NT 105.8750 2,539,551.000 2,754,748.60 2,688,749.62 0.86% -65,998.98 3.625% 01/15/2008 DD 01/15/98SECID:9128273T7 US TREASURY INFLATION INDEX NT 108.5000 11,317,160.000 12,497,136.76 12,279,118.60 3.92% -218,018.16 3.875% 01/15/2009 DD 0l/15/99SECID:9128274Y5 13 Workbench Asset Detail Report ID: GL8013 Base Currency: USD by Currency Alternate Base Currency: Exchange Rate: OCSD-CONSOLIDATED -OCSG000l000O 9/30/2005 Status: FINAL --- Net Unrealized Price Cost Market Value % of Gain/Loss Description Base Shares Par Base Base Total Base ---- US TREASURY NOTES05.750% 100.2815 3,900,000.000 4,193,993.62 3,910,978.50 1.25% -283,015.12 11/15/2005 DD 11/15/00SEC ID: 9128276N7 U S TREASURY NOTES 4.250% 99.6250 2,100,000.000 2,105,699.39 2,092,125.00 0.67% -13,574.39 08/15/2013 DD 08/ 15/03SEC ID: 912828BH2 U S TREASURY NOTES 3.375% 97.5800 10,900,000.000 10,708,447.11 10,636,220.00 3.40% -72,227.11 12/15/2008 DD 12/15/03SEC ID: 912828BT6 US TREASURY INFLATION INDEXED 102.1100 105,734.000 107,939.37 107,964.99 0.03% 25.62 2.000% 01/15/2014 DD 01/15/04SEC ID: 912828BW9 US TREASURY NOTES 2.750% 99.0900 12,500,000.000 12,424,543.03 12,386,250.00 3.96% -38,293.03 06/30/2006 DD 06/30/04SEC ID: 912828CM0 US TREASURY INFLATION INDEX 102.1800 3,213,026.000 3,300,893.88 3,283,069.97 1.05% -17,823.91 NT 2.000% 07/15/2014 DD 07/15/04SECID:912828CP3 US TREASURY NOTES 2.750% 98.9600 14,000,000.000 13,927,531.82 13,854,400.00 4.43% -73,131.82 07/31/2006 DD 07 /31/04SEC ID: 912828CQ1 US TREASURY NOTES 2.375% 98.5000 35,300,000.000 35,120,197.62 34,770,500.00 11.11% -349,697.62 08/31/2006 DD 08/31/04SEC ID: 912828CU2 U S TREASURY NOTES 2.875% 98.6000 20,800,000.000 20,640,268.90 20,508,800.00 6.56% -131,468.90 11/30/2006 DD 1 l/30/04SEC ID: 912828DD9 U S TREASURY NOTES 3.500% 97.3000 13,920,000.000 13,626,296.77 13,544,160.00 4.33% -82,136.77 12/15/2009 DD 12/15/04SEC ID: 912828DE7 U S TREASURY NOTES 4.000% 99.1400 16,200,000.000 16,201,259.92 16,060,680.00 5.13% -140,579.92 03/15/2010 DD 03/15/05SEC JD: 912828DP2 US TREASURY NOTES 3.750% 99.3900 11,200,000.000 11,165,662.53 11,131,680.00 3.56% -33,982.53 03/31/2007 DD 03/31/05SEC ID: 912828DQ0 U S TREASURY NOTES 3.500% 98.9500 11,000,000.000 10,915,072.08 10,884,500.00 3.48% -30,572.08 05/31/2007 DD 05/31/05SEC ID: 912828DW7 14 Workbench OCSD-CONSOLIDATED -OCSG000l0000 Description US TREASURY NOTES 3.625% 06/30/2007 DD 06/30/0SSEC ID: 912828DY3 VIRGINIA ELEC & PWR 0 1 SER AS. 750% 03/31/2006 DD 03/27/01SECID:927804EN0 Price TOTAL FIXED INCOME SECURITIES TOTAL ASSETS U.S. DOLLAR Base 99.0800 100.6090 TOTAL ASSETS -BASE: Asset Detail by Currency 9/30/2005 Cost Shares Par Base 20,000,000.000 19,864,857.19 1,750,000.000 1,743,840.00 340,952,756.500 340,874,290.40 398,378,453.840 314,564,592.12 398,378,453.840 314,564,592.12 15 Report ID: GL8013 Base Currency: USD Alternate Base Currency: Exchange Rate: Status: FINAL Net Unrealized Market Value %of Gain/Loss Base Total Base 19,816,000.00 6.33% -48,857.19 1,760,657.50 0.56% 16,817.50 339,165,619.00 108.41% -1,708,671.40 312,855,920.72 100.00% -1,708,671.40 312,855,920.72 100-00% -1, 708,671.40 Workbench OCSD-CONSOLIDATED -OCSG000l0000 Transaction Detail Reported by Transaction Category 9/1/2005-9/30/2005 Tran Type Description Trade Date Settle Date Reported Date RECEIPTS AND DISBURSEMENT TRANSACTIONS CASH TRANSFERRED IN U.S. DOLLAR CD RECD FRM OCSF0752222 REPS CLIENT REBALANCINGSEC ID: NA9123459OCSF075 l l 102: LIQUID OPER- PIMCO DISTRIBUTION TO PLAN ADMINISTRATOR U.S. DOLLAR cw cw TRAN TO ORANGE COUNTYSEC ID: NA9123459OCSF07522202: LONG TERM OPER-PIMCO TRAN TO ORANGE COUNTYSEC ID: NA9123459OCSF07522202: LONG TERM OPER-PIMCO 9/2/2005 9/2/2005 9/8/2005 9/8/2005 9/22/2005 9/22/2005 Local Price Base Price Base Ex Rate TOTAL DISTRIBUTION TO PLAN ADMINISTRATOR U.S. DOLLAR: TOTAL DISTRIBUTION TO PLAN ADMINISTRATOR BASE: CASH TRANSFERRED OUT U.S. DOLLAR cw TRAN TO OCSF0751112 REPS CLIENT REBALANCINGSEC ID: NA9123459OCSF07522202: LONG TERM OPER-PIMCO 9/2/2005 9/2/2005 TOTAL RECEIPTS AND DISBURSEMENT TRANSACTIONS BASE: PURCHASES ·k Actual Settle Date 1 Shares/Par 0.000 0.000 0.000 0.000 0.000 0.000 0.000 Cost Base 20,000,000.00 -10,000,000.00 -10,000,000.00 -20,000,000.00 -20,000,000.00 -20,000,000.00 -20,000,000.00 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base 20,000,000.00 -10,000,000.00 -10,000,000.00 -20,000,000.00 -20,000,000.00 -20,000,000.00 -20,000,000.00 Net Gain/Loss Base 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Workbench Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL --Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base CASH & CASH EQUIVALENTS U.S. DOLLAR B BANKAMERICA CORP DISC 12/07 /2005SEC 9/8/2005 99.0675 1,600,000.000 1,585,080.00 -1,585,080.00 0.00 ID: 0660P0Z71BROKER: BANC OF AMERICA 9/8/2005 SEC LLC, SAN FRANCISCOOCSF07511102: 9/8/2005 LIQUID OPER-PIMCO B DU PONT DE NEMOUR DISC 09/ 16/2005SEC 9/2/2005 99.8647 1,000,000.000 998,646.67 -998,646.67 0 .00 ID: 26354AWGSBROKER: GOLDMAN SACHS 9/2/2005 & CO, NYOCSF07511102: LJQVrD OPER-9/2/2005 PIMCO B DU PONT DE NEMOUR DISC 09/29/2005SEC 9/16/2005 99.8671 1,000,000.000 998,671.11 -998,671.11 0.00 lD: 2635-!-AWV2BROKER: CREDIT SUISSE, 9/16/2005 NEW YORKOCSF07511102: LIQUID OPER• 9/16/2005 PIMCO B DU PONT DE NEMOUR DISC 10/ 18/2005SEC 9/28/2005 99.7933 1,359,000.000 1,356,191.40 -1,356,191.40 0.00 ID: 263541\XJSBROKER: CREDIT SUISSE, 9/28/2005 NEW YORKOCSF0751 l 102: LIQUID OPf,;R-9/28/2005 PlMCO B FEDERAL HOME LN BK CONS DISC MAT 9/2/2005 99.9624 4,100,000.000 4,098,460.22 -4,098,460.22 0.00 09 /06/2005SEC ID: 313385W3BROKER: 9/2/2005 BARCLAYS CAPITAL INC, NEW 9/2/2005 YORKOCSF07511102: LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC N MAT 9/6/2005 99.9906 4,100,000.000 4,099,612.78 -4,099,612. 78 0.00 09 /07 /2005SEC ID: 313385LK0BROKER: 9/6/2005 BARCLAYS CAPITAL INC, NEW 9/6/2005 YORKOCSF07511102: LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC MAT 9/7/2005 99.9906 1,300,000.000 1,299,877.94 -1,299,877.94 0 .00 9/8/2005SEC ID: 313385LL8BROKER: 9/7/2005 BARCLAYS CAPITAL INC, NEW 9/7/2005 YORKOCSF07511102: LIQUID OPER-PIMCO Workbench ·• Actual Settle Date 2 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000lO000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B FEDERAL HOME LN BK CONS DISC N MAT 9/9/2005 99.9718 3,800,000.000 3,798,929.67 -3, 798,929.67 0.00 09 /12/2005SEC ID: 313385LQ7BROKER: 9/9/2005 BARCLAYS CAPITAL INC, NEW 9/9/2005 YORKOCSF0751 l 102: LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC MAT 9/12/2005 99.9905 6,500,000.000 6,499,382.50 -6,499,382.50 0.00 09/13/2005SEC ID: 313385LR5BROKER: 9/12/2005 BARCLAYS CAPITAL INC, NEW 9/12/2005 YORKOCSF07511102: LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC N MAT 9/14/2005 99.9906 2,800,000.000 2,799,735.56 -2,799,735.56 0.00 09 / 15/2005SEC ID: 313385LT1BROKER: 9/14/2005 BARCLAYS CAPITAL INC, NEW 9/14/2005 YORKOCSF0751 l 102: LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISCSEC ID: 9/15/2005 99.9901 6,500,000.000 6,499,353.61 -6,499,353.61 0.00 313385LU8BROKER: BARCLAYS CAPITAL 9/15/2005 INC, NEW YORKOCSF075 l 1102: LIQUID 9/15/2005 OPER-PIMCO B FEDERAL HOME LN BK CONS DISC N MAT 9/16/2005 99.9706 6,500,000.000 6,498,087.92 -6,498,087.92 0.00 09 / 19 /2005SEC ID: 313385LX2BROKER: 9/16/2005 BARCLAYS CAPITAL INC, NEW 9/16/2005 YORKOCSF07511102: LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC N MAT 9/19/2005 99.9901 6,500,000.000 6,499,359.03 -6,499,359.03 0.00 09/20/2005SEC ID: 313385LY0BROKER: 9/19/2005 BARCLAYS CAPITAL INC, NEW 9/19/2005 YORKOCSF0751 l 102: LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC N MAT 9/20/2005 99.9903 6,500,000.000 6,499,368.06 -6,499,368.06 0.00 09/21/2005SEC ID: 313385LZ7BROKER: 9/20/2005 MORGAN STANLEY & CO INC, 9/20/2005 NYOCSF07511102: LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC N MAT 9/21/2005 99.9900 6,500,000.000 6,499,350.00 -6,499,350.00 0.00 09/22/2005SEC ID: 313385MA1BROKER: 9/21/2005 BARCLAYS CAPITAL INC, NEW 9/21/2005 YORKOCSF07511102: LIQUID OPER-PIMCO Workbench ·• Actual Settle Date 3 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL ------- Net Gain/Loss [ Trade Date Local Price Tran Settle Date Base Price Cost Amount Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B FEDERAL SOME LN .BK CONS SYSTEM MAT 9/22/2005 99.9904 6,500,000.000 6,499,373.47 -6,499,373.47 0.00 09/23 /2005SEC JD: 3 13385MB9BROKER: 9/22/2005 BANC OF AMERICA SEC Ll.C, SAN 9/22/2005 FRANClSCOOCSF07511 J 02: LIQUID OPER- PIMCO B FEDERAL HOME LN BK CONS DISC N MAT 9/23/2005 99.9702 6,500,000.000 6,498,060.83 -6,498,060.83 0.00 09/26/2005SEC ID: 313385ME3BROKER: 9/23/2005 BARCLAYS CAPITAL INC, NEW 9/23/2005 YORKOCSF07511102: LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC MAT 9/26/2005 99.9900 6,500,000.000 6,499,350.00 -6,499,350.00 0.00 09/27 /2005SEC ID: 313385MF0BROKER: 9/26/2005 GOLDMAN SACHS & CO, NYOCSF0751 l 102: 9/26/2005 LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC MAT 9/27/2005 99.9899 6,500,000.000 6,499,346.39 -6,499,346.39 0.00 09/28/2005SEC ID: 313385MG8BROKER: 9/27/2005 BARCLAYS CAPITAL INC, NEW 9/27/2005 YORKOCSF0751 l 102: LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC N MAT 9/28/2005 99.9900 6,500,000.000 6,499,350.00 -6,499,350.00 0.00 09/29/2005SEC ID: 313385MH6BROKER: 9/28/2005 BARCLAYS CAPITAL INC, NEW 9/28/2005 YORKOCSF0751 l 102: LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC MAT 9/29/2005 99.9900 6,700,000.000 6,699,330.00 -6,699,330.00 0.00 09/30/2005SEC ID: 313385MJ2BROKER: 9/29/2005 CITIGROUP GBL MKTS/SALOMON, NEW 9/29/2005 YORKOCSF07511102: LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC MAT 9/30/2005 99.9735 4,900,000.000 4,898,701.50 -4,898, 701.50 0.00 10/03/2005SEC ID: 313385MM5BROKER: 9/30/2005 GOLDMAN SACHS & CO, NYOCSF07511102: 9/30/2005 LIQUID OPER-PIMCO B FEDERAL HOME LN BK CONS DISC MAT 9/30/2005 99.9735 500,000.000 499,867.50 -499,867.50 0.00 10/03/2005SEC ID: 313385MM5BROKER: 9/30/2005 BARCLAYS CAPITAL INC, NEW 9/30/2005 YORKOCSF07511102: LIQUID OPER-PIMCO Workbench ·• Actual Settle Date 4 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000lO000 9/1/2005-9/30/2005 Status: FINAL -Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B FEDERAL HOME LN MTG CORP DISC MAT 9/2/2005 99.9624 1,900,000.000 1,899,286.44 -1,899,286.44 0.00 09/06/2005S.EC UJ: 313397W8BROKER: 9/2/2005 LEHMAN GOVT SECS INC, NYOCSF0751 l 102: 91212005 LIQUJD OPER-PIMCO B FEDERAL HOME LN MTG CORP DISC MAT 9/15/2005 99.9901 3,800,000.000 3,799,622.11 -3, 799,622.11 0.00 09/ 16/2005SEC ID: 313397LU3BROKER: 9/15/2005 BANC OF AMERICA SEC LLC, SAN 9/15/2005 FRANCISCOOCSF07511102: LIQUID OPER- PIMCO B FEDERAL HOME LN MTG CORP DISC MAT 9/16/2005 99.9706 3,800,000.000 3,798,882.17 -3, 798,882.17 0.00 09 / 19 /2005SEC ID: 313397LX7BROKER: 9/16/2005 GOLDMAN SACHS & CO, NYOCSF07511102: 9/16/2005 LIQUID OPER-PIMCO B FEDERAL HOME LN MTG CORP DISC MAT 9/19/2005 99.9901 3,800,000.000 3,799,625.28 -3,799,625.28 0.00 09/20/2005SEC ID: 313397LY5BROKER: 9/19/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 9/19/2005 LIQUID OPER-PIMCO B FEDERAL HOME LN MTG CORP DISC MAT 9/20/2005 99.9904 3,800,000.000 3,799,635.83 -3, 799,635.83 0.00 09/21/2005SEC ID: 313397LZ2BROKER: 9/20/2005 CITIGROUP GBL MKTS/SALOMON, NEW 9/20/2005 YORKOCSF0751 l 102: LIQUID OPER-PIMCO B FEDERAL HOME LN MTG CORP DISC MAT 9/21/2005 99.9902 3,400,000.000 3,399,667.56 -3,399,667.56 0.00 09/22/2005SEC LO; 313397MA6BROKER: 9/21/2005 LEHlvlAN QOVT SECS INC, NYOCSF07 511102: 9/2 l/2oo5 LIQUTD OPER-PIMCO B FEDERAL HOME LN MTG CORP DISC MAT 9/22/2005 99.9903 3,100,000.000 3,099,698.61 -3,099,698.61 0.00 09/23/2005SEC ID: 313397MB4BROKER: 9/22/2005 CITIGROUP GBL MKTS/SALOMON, NEW 9/22/2005 YORKOCSF07511102: LIQUID OPER-PIMCO B FEDERAL HOME LN MTG CORP DISC MAT 9/23/2005 99.9706 3,100,000.000 3,099,088.08 -3,099,088.08 0.00 09/26/2005SEC ID: 313397ME8BROKER: 9/23/2005 BARCLAYS CAPITAL INC, NEW 9/23/2005 YORKOCSF0751 l 102: LIQUID OPER-PIMCO Workbench ·> Actual Settle Date 5 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD I OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL ---Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B FED HOME LN MTG CORP DISC NTS MAT 9/26/2005 99.9901 3,100,000.000 3,099,692.58 -3,099,692.58 0.00 09/27/2005SEC ID: 313397MF5BROKER: 9/26/2005 CITIGROUP GBL MKTS/SALOMON, NEW 9/26/2005 YORKOCSF0751 l 102: LIQUID OPER-PIMCO B FEDERAL HOME LN MTG CORP DISC MAT 9/27/2005 99.9901 600,000.000 599,940.50 -599,940.50 0.00 09/28/2005SEC ID: 3 13397MG3BROKER: 9/27/2005 LEHMAN GOVT SECS INC, NYOCSF075 1 l 102: 9127 ;2005 LIQUID OPER-PLM CO B FEDERAL HOME LN MTG CORP DISC MAT 9/28/2005 99.9901 1,100,000.000 1,099,890.92 -1,099,890.92 0.00 09/29/2005SEC ID: 313397MH1BROKER: 9/28/2005 CITIGROUP GBL MKTS/SALOMON, NEW 9/28/2005 YORKOCSF07511102: LIQUID OPER-PIMCO B FEDERAL HOME LN MTG CORP DISC MAT 9/29/2005 99.9901 3,400,000.000 3,399,662.83 -3,399,662.83 0.00 09/30/2005SEC ID: 3 13397MJ7BROKER: 9/29/2005 CITIGROUP GBL MKTS/SALOMON, NEW 9/29/2005 YORKOCSF0751 l 102: LIQUID OPER-PIMCO B FEDERAL HOME LN MTG CORP DISC MAT 9/30/2005 99.9735 3,300,000.000 3,299,125.50 -3,299,125.50 0.00 10/03/2005SEC ID: 3 13397MM0BROKER: 9/30/2005 LEHMAN GOVT SEC$ INC, NYOCSF075l 1102: 913012005 LIQUID OPER-.PIMCO B FEDERAL HOME LN MTG CORP DISC MAT 9/2/2005 98.1827 2,200,000.000 2,160,018.36 -2, 160,018.36 0.00 02/28/2006SEC ID: 313397TR2BROKER: 9/2/2005 UBS SECURITIES LLC, 9/2/2005 STAMFORDOCSF0751 l 102: LIQUID OPER- PIMCO B FEDERAL HOME LN MTG CORP DISC MAT 9/13/2005 98.0890 700,000.000 686,623.00 -686,623.00 0.00 03/ 14/2006SEC ID: 313397UF6BROKER: 9/13/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 9 /13/2005 LIQUID OPER-PIMCO B FEDERAL NATL MTG ASSN DISCOUNT MAT 9/2/2005 98.1725 3,800,000.000 3,730,555.00 -3, 730,555.00 0.00 03/01/2006SEC ID: 313589TS2BROKER: 9/2/2005 UBS SECURITIES LLC, 9/2/2005 STAMFORDOCSF0751 l 102: LIQUID OPER- PIMCO Workbench ·• Actual Settle Date 6 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USO OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B FEDERAL NATL MTG ASSN DISCOUNT MAT 9/28/2005 97.9808 2,500,000.000 2,449,520.28 -2,449,520.28 0.00 03/29/2006SEC ID: 313589UW1BROKER: 9/28/2005 LEHMAN GOVT SECS INC, NYOCSF07522202: 912812005 LONG TERM OPER-PIMCO B US TREASURY BILL DUE 09/15/2005 DD 9/2/2005 99.8754 1,200,000.000 1,198,505.00 -1, 198,505.00 0.00 03/ 17 /20005SEC ID: 912795VR9BROKER: 9/2/2005 GOLDMAN SACHS & CO, NYOCSF075 l l 102: 9/2/2005 LIQUID OPER-PIMCO B US TREASURY BILL DUE 09/15/2005 DD 9/6/2005 99.9138 4,500,000.000 4,496,118.75 -4,496, 118. 75 0.00 03 / 17 /20005SEC ID: 912795VR9BROKER: 9/6/2005 CHASE/GREENWICH CAP, NEW 9/6/2005 YORKOCSF0751 l 102: LIQUID OPER-PIMCO B U S TREASURY BILL DUE 09/15/2005 DD 9/13/2005 99.9810 5,100,000.000 5,099,033.13 -5,099,033.13 0.00 03/17/20005SEC ID: 912795VR9BROKER: 9/13/2005 BANC OF AMERICA SEC LLC, SAN 9/13/2005 FRANCISCOOCSF075 l l 102: LIQUID OPER- PIMCO B UNITED STATES TREASURY BILL 0.000% 9/15/2005 98.1598 3,300,000.000 3,239,272.67 -3,239,272.67 0.00 03/16/2006 DD 09/15/05SEC ID: 9/15/2005 912795WT4BROKER: CHASE/GREENWICH 9/15/2005 CAP, NEW YORKOCSF075 l l l 02: LIQUID OPER-PIMCO B WELLS FARGO BANK NA INSTL C/D 3.500% 9/6/2005 100.0000 2,800,000.000 2,800,000.00 -2,800,000.00 0.00 09/14/2005 DD 09/07/05SEC ID: 9/7/2005 9497P2T23BROKER: WELLS FARGO 9/6/2005 BROKERAGE SVCS LLC, MINNEAPOCSF0751 l 102: LIQUID OPER- B WJtl&<s FARGO BANK NA INSTL C/D 3.760% 9/26/2005 100.0000 2,500,000.000 2,500,000.00 -2,500,000.00 0.00 10/13/2005 DD 09/27 /05SEC ID: 9/27/2005 9497P23M7BROKER: WELLS FARGO 9/26/2005 BROKERAGE SVCS LLC, MINNEAPOCSF0751 l 102: LIQUID OPER- B ~ CAT 2 REPO REPO 03.500% 9/1/2005 100.0000 14,000,000.000 14,000,000.00 -14,000,000.00 0.00 09/02/2005 DD 09/01/05SEC ID: 9/1/2005 99440Hl51BROKER: CREDIT SUISSE, NEW 9/1/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO Workbench * Actual Settle Date 7 OCSD-CONSOLIDATED -OCSG000l0000 Transaction Detail Reported by Transaction Category 9/1/2005 -9/30/2005 B B B B B B B B Tran Type Description Trade Date Settle Date Reported Date LEHMAN CAT 1 REPO REPO 03.530% 9/1/2005 09/02/2005 DD 09/01/05SEC ID: 9/1/2005 99440H615BROKER: LEHMAN GOVT SECS 9 / l/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO CREDIT SUISSE FB REPO 03.450% 09/06/2005 DD 09/02/05SEC ID: 99440Kl 13BROKER: CREDIT SUISSE, NEW YORKOCSF0751 l 102: LIQUID OPER-PIMCO 9/2/2005 9/2/2005 9/2/2005 LEHMAN CAT 2 REPO 03.470% 09/07/2005 9/6/2005 DD 09/06/05SEC ID: 99440L665BROKER: 9/6/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 9/6/2005 LIQUID OPER-PIMCO LEHMAN CAT 2 REPO 03.460% 09/08/2005 9/7/2005 DD 09/07 /05SEC ID: 99440N315BROKER: 9/7/2005 LEHMAN GOVT SECS INC, NYOCSF07511102:9;7;2005 LIQUID OPER-PIMCO LEHMAN CAT 2 REPO 03.450% 09/09/2005 9/8/2005 DD 09/08/05SEC ID: 99440Q029BROKER: 9/8/2005 LEHMAN GOVT SECS INC, NYOCSF0751 l 102: 91812005 LIQUID OPER-PJMCO LEHMAN CAT 1 REPO REPO 03.410% 9/9/2005 09/12/2005 DD 09/09/05SEC ID: 9/9/2005 99440R746BROKER: LEHMAN GOVT SECS 9 /9/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO LEHMAN CAT 2 REPO 03.400% 09/13/2005 9/12/2005 DD 09/ 12/05SEC ID: 99440T403BROKER: 9/12/2005 LEHMAN GOVT SECS INC, NYOCSF0751 l 102: 9/12/2005 LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.420% 9/13/2005 09/14/2005 DD 09/ 13/05SEC ID: 9/13/2005 99440V325BROKER: LEHMAN GOVT SECS 9/13/2005 INC, NYOCSF07511 l 02: LIQUID OPER-PIMCO ·.• Actual Settle Date Local Price Base Price Base Ex Rate 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 8 Shares/Par 4,000,000.000 11,800,000.000 11,800,000.000 11,800,000.000 11,500,000.000 11,800,000.000 9,200,000.000 11,800,000.000 Cost Base 4,000,000.00 11,800,000.00 11,800,000.00 11,800,000.00 11,500,000.00 11,800,000.00 9,200,000.00 11,800,000.00 ReportID: EWBA09 Base Currency: USD Status: FINAL Amount Base -4,000,000.00 -11,800,000.00 -11,800,000.00 -11,800,000.00 -11,500,000.00 -11,800,000.00 -9,200,000.00 -11,800,000.00 Net Gain/Loss Base 0.00 0.00 · 0.00 0.00 0.00 0.00 0.00 0.00 Workbench I OCSD-CONSOLIDATED. OCSG000l0000 Transaction Detail Reported by Transaction Category 9/1/2005-9/30/2005 Tran Type Description Trade Date Settle Date Reported Date B B B B B B B B LEHMAN CAT 1 REPO REPO 03.440% 9/14/2005 09/15/2005 DD 09/14/05SEC ID: 9 /14/2005 99440X008BROKER: LEHMAN GOVT SECS 9 /14/2005 INC, NYOCSF075 l 1102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.610% 9/15/2005 09/16/2005 DD 09/15/05SEC ID: 9/15/2005 99440Y741BROKER: LEHMAN GOVT SECS 9/ l5/2005 INC, NYOCSF07511102: LIQUlD OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.530% 9/16/2005 09/19/2005 DD 09/16/05SEC ID: 9/16/2005 99441A205BROKER: LEHMAN GOVT SECS 9/ l6/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO CS FOB CAT 2 REPO REPO 03.510% 09/20/2005 DD 09/19/05SEC ID: 99441C599BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO 9/19/2005 9/19/2005 9/19/2005 LEHMAN CAT 1 REPO REPO 03.500% 9/19/2005 09/20/2005 DD 09/19/05SEC ID: 9/19/2005 99441C607BROKER: LEHMAN GOVT SECS 9/ 1912005 INC, NYOCSF07511102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.560% 9/20/2005 09/21/2005 DD 09/20/05SEC ID: 9/20/2005 99441E124BROKER: LEHMAN GOVT SECS 9/20/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.630% 9/21/2005 09/22/2005 DD 09/21/05SEC ID: 9/21/2005 99441F725BROKER: LEHMAN GOVT SECS 9;21/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO CS FOB CAT 2 REPO REPO 03.620% 09/22/2005 DD 09/21/05SEC ID: 99441F865BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO 9/21/2005 9/21/2005 9/21/2005 ·> Actual Settle Date Local Price Base Price Base Ex Rate 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 9 Shares/Par 11,800,000.000 11,800,000.000 11,800,000.000 3,200,000.000 11,800,000.000 11,800,000.000 11,800,000.000 1,900,000.000 Cost Base 11,800,000.00 11,800,000.00 11,800,000.00 3,200,000.00 11,800,000.00 11,800,000.00 11 ,800,000.00 1,900,000.00 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base -11,800,000.00 -11,800,000.00 -11,800,000.00 -3,200,000.00 -11,800,000.00 -11,800,000.00 -11,800,000.00 -1,900,000.00 Net Gain/Loss Base 0 .00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Workbench OCSD-CONSOLIDATED -OCSG000l0000 Transaction Detail Reported by Transaction Category 9/1/2005-9/30/2005 I Tran ~pe Description Trade Date Settle Date Reported Date B B B B B B B B CS FOB CAT 2 REPO REPO 03.610% 09/23/2005 DD 09/22/05SEC ID: 99441H804BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO 9/22/2005 9/22/2005 9/22/2005 LEHMAN CAT 1 REPO REPO 03.600% 9/22/2005 09/23/2005 DD 09/22/05SEC ID: 9/22/2005 99441H812BROKER: LEHMAN GOVT SECS 9;22/2005 INC, NYOCSF075 l ll 02: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.600% 9/23/2005 09/26/2005 DD 09/23/05SEC ID: 9/23/2005 99441K450BROKER: LEHMAN GOVT SECS 9/23/2005 INC, NYOCSF075 ll l 02: LIQUID OPER-PIMCO CS FOB CAT 2 REPO REPO 03.610% 09/26/2005 DD 09/23/05SEC ID: 99441K492BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO CS FOB CAT 2 REPO REPO 03.620% 09/27/2005 DD 09/26/05SEC ID: 99441Ml34BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO 9/23/2005 9/23/2005 9 /23/2005 9/26/2005 9/26/2005 9/26/2005 LEHMAN CAT l REPO REPO 03.620% 9/26/2005 09/27/2005 DD 09/26/05SEC ID: 9/26/2005 99441M332BROKER: LEHMAN GOVT SECS 9/26/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO LEHMAN CAT l REPO REPO 03.650% 9/27/2005 09/28/2005 DD 09/27 /05SEC ID: 9/27/2005 99441N967BROKER: LEHMAN GOVT SECS 9/27/2005 INC, NYOCSF0751 l 102: LIQUID OPER-PIMCO CS FOB CAT 2 REPO REPO 03.650% 09/28/2005 DD 09/27 /05SEC ID: 99441P038BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO 9/27/2005 9/27/2005 9/27/2005 ., Actual Settle Date Local Price Base Price Base Ex Rate 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 10 Shares/Par 3,400,000.000 11,800,000.000 11,800,000.000 3,300,000.000 3,500,000.000 11,800,000.000 11,800,000.000 3,500,000.000 Cost Base 3,400,000.00 11,800,000.00 11,800,000.00 3,300,000.00 3,500,000.00 11,800,000.00 11,800,000.00 3,500,000.00 ReportID: EWBA09 Base Currency: USD Status: FINAL Amount Base -3,400,000.00 -11,800,000.00 -11,800,000.00 -3,300,000.00 -3,500,000.00 -11,800,000.00 -11,800,000.00 -3,500,000.00 Net Gain/Loss l Base 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Wo1·kbenc/1 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000 10000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B CS FOB CAT 2 REPO REPO 03.580% 9/28/2005 100.0000 1,600,000.000 1,600,000.00 -1,600,000.00 0.00 09/29/2005 DD 09/28/05SEC ID: 9/28/2005 99441 Q838BROKER: CREDIT SUISSE, NEW 9/28/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO B LEHMAN CAT 2 REPO 03.580% 09/29/2005 9/28/2005 100.0000 11,800,000.000 11,800,000.00 -11,800,000.00 0.00 DD 09/28/0SSEC lD: 99441Q994BF,OKER: 9/28/2005 LEHMAN GOVT SECS INC, NYOCSF07511102:9/28/2005 LlQUID OPGR-PlMCO B LEHMAN CAT 2 REPO 03.520% 09/30/2005 9/29/2005 100.0000 10,400,000.000 10,400,000.00 -10,400,000.00 . 0.00 DD 09/29/05SEC ID: 99441S529BROKER: 9/29/2005 LEHMAN GOVT SECS INC, NYOCSF075ll 102: 9;29/2005 LIQUID OPER-PIMCO B CS FOB CAT 2 REPO REPO 03.250% 9/30/2005 100.0000 11,800,000.000 11,800,000.00 -11,800,000.00 0.00 10/03/2005 DD 09/30/05SEC ID: 9/30/2005 99441U490BROKER: CREDIT SUISSE, NEW 9/30/2005 YORKOCSF0751 l 102: LIQUID OPER-PIMCO B DREYFUS TREASURY CASH MGMTSEC ID: 9/1/2005 1.0000 311.110 311.11 -311.11 0.00 99608524 70CSF07511102: LIQUID OPER-9/1/2005 PIMCO 9/1/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/1/2005 1.0000 6,093,527.590 6,093,527.59 -6,093,527.59 0.00 9960852470CSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/1/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/2/2005 1.0000 11,907,494.970 11,907,494.97 -11,907,494.97 0.00 99608524 70CSF075 l 1102: LIQUID OPER-9/2/2005 PIMCO 9/2/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/6/2005 1.0000 43,786.810 43,786.81 -43,786.81 0.00 9960852470CSF07522202: LONG TERM 9/6/2005 OP ER-PIM CO 9/6/2005 Workbench * Actual Settle Date 11 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED · OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL ·--Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B DREYFUS TREASURY CASH MGMTSEC ID: 9/7/2005 1.0000 1,259.450 1,259.45 -1,259.45 0.00 996085247OCSF0751 l 102: LIQUID OPER-9/7/2005 PIMCO 9/7/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/8/2005 1.0000 16,054.110 16,054.11 -16,054.11 0.00 99608524 7OCSF075 l l 102: LIQUID OPER-9/8/2005 PIMCO 9/8/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/9/2005 1.0000 98,172.410 98,172.41 -98, 172.41 0 .00 996085247OCSF0751 l 102: LIQUID OPER-9/9/2005 PIMCO 9/9/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/12/2005 1.0000 7,134.280 7,134.28 -7,134.28 0.00 99608524 7OCSF07522202: LONG TERM 9/12/2005 OPER-PIMCO 9/12/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/13/2005 1.0000 11,449.240 11,449.24 -11,449.24 0.00 996085247OCSF0751 l 102: LIQUID OPER-9/13/2005 PIMCO 9/13/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/14/2005 1.0000 3,291.000 3,291.00 -3,291.00 0.00 99608524 7OCSF07511102: LIQUID OPER-9/14/2005 PIMCO 9/14/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/15/2005 1.0000 62,879.170 62,879.17 -62,879.17 0.00 996085247OCSF07511102: LIQUID OPER-9/15/2005 PIMCO 9/15/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/15/2005 1.0000 256,401.160 256,401.16 -256,401.16 0.00 996085247OCSF07522202: LONG TERM 9/15/2005 OPER-PIMCO 9/15/2005 Workbench ·> Actual Settle Date 12 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED-OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B DREYFUS TREASURY CASH MGMTSEC ID: 9/16/2005 1.0000 119,023.470 119,023.47 -119,023.47 0.00 996085247OCSF07522202: LONG TERM 9/16/2005 OPER-PIMCO 9/16/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/19/2005 1.0000 11,804,486.860 11,804,486.86 -11,804,486.86 0.00 996085247OCSF0751 l 102: LIQUID OPER-9/19/2005 PIMCO 9/19/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/19/2005 1.0000 3,020,869.050 3,020,869.05 -3,020,869.05 0.00 996085247OCSF07522202: LONG TERM 9/19/2005 OPER-PIMCO 9/19/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/20/2005 1.0000 2,242,585.820 2,242,585.82 -2,242,585.82 0.00 996085247OCSF07522202: LONG TERM 9/20/2005 OPER-PIMCO 9/20/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/21/2005 1.0000 402,149.330 402,149.33 -402, 149.33 0.00 996085247OCSF07511102: LIQUID OPER-9/21/2005 PIMCO 9/21/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/23/2005 1.0000 100,340.940 100,340.94 -100,340.94 0.00 996085247OCSF07522202: LONG TERM 9/23/2005 OPER-PIMCO 9/23/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/23/2005 1.0000 4,031.090 4,031.09 -4,031.09 0.00 996085247OCSF07511102: LIQUID OPER-9/23/2005 PIMCO 9/23/2005 B DREYFUS TREASURY CASH MGMTSEC ID: 9/26/2005 1.0000 4,497.420 4,497.42 -4,497.42 0.00 996085247OCSF0751 l 102: LIQUID OPER-9/26/2005 PIMCO 9/26/2005 Wo,·kbencll ·> Actual Settle Date 13 OCSD-CONSOLIDATED -OCSG000l0000 Transaction Detail Reported by Transaction Category 9/1/2005-9/30/2005 B B B B B Tran Type Description Trade Date Settle Date Reported Date DREYFUS TREASURY CASH MGMTSEC ID: 996085247OCSF07522202: LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMTSEC ID : 996085247OCSF07522202: LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMTSEC ID: 996085247OCSF0751 l 102: LIQUID OPER- PIMCO DREYFUS TREASURY CASH MGMTSEC ID: 996085247OCSF0751 l 102: LIQUID OPER- PIMCO BSDT-LATE MONEY DEPOSIT ACCTSEC ID: 996087094OCSF07522202: LONG TERM OPER-PIMCO 9/26/2005 9/26/2005 9/26/2005 9/27/2005 9/27/2005 9/27/2005 9/27/2005 9/27/2005 9/27/2005 9/28/2005 9/28/2005 9/28/2005 9/23/2005 9/23/2005 9/23/2005 Local Price Base Price Base Ex Rate 1.0000 1.0000 1.0000 1.0000 1.0000 Shares/Par 1,415,258.140 351.940 1,899.670 45,764.070 12.797.280 Cost Base 1,415,258.14 351.94 1,899.67 45,764.07 12,797.28 TOTAL CASH & CASH EQUIVALENTS U.S. DOLLAR: 479,234,816.380 478,952,767.14 B TOTAL CASH & CASH EQUIVALENTS BASE: FIXED INCOME SECURITIES U.S. DOLLAR BEAR STEARNS COS INC GLOBAL NT 3.000% 9/13/2005 03/30/2006 DD 02/19/03SEC JD: 9/16/2005 073902CB2BROKER: J EFFEmEs& co INC, 9/13/2005 NEW YORKOCSF07511102: LIQUID OPER- PIMCO • Actual Settle Date 479,234,816.380 478,952,767.14 99.4330 112,000.000 111,364.96 14 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base -1,415,258.14 -351.94 -1,899.67 -45,764.07 -12,797.28 -478, 952,767.14 -478,952, 767 .14 -111,364.96 Net Gain/Los--:-1 Base 0.00 0.00 . 0.00 0 .00 0.00 o.oo 0.00 0.00 Workbench OCSD-CONSOLIDATED -OCSG000l0000 Transaction Detail Reported by Transaction Category 9/1/2005 -9/30/2005 Tran Type Description Trade Date Settle Date Reported Date 1B B 1B B 1B B 1B B BEAR STEARNS COS INC GLOBAL NT 3.000% 9/13/2005 03/30/2006 DD 02/19/03SEC ID: 9/16/2005 073902CB2BROKER: JEFFERIES & CO INC, 9/13/2005 NEW YORKOCSF0751 l 102: LIQUID OPER- PIMCO FEDERAL HOME LN MTG CORP MTN 2.375% 9/21/2005 05/19/2006 DD 05/ 19/03SEC ID: 9/22/2005 3128XlCU9BROKER: GOLDMAN SACHS & 9/2l/2005 CO, NYOCSF07511102: LIQUID OPER-PIMCO FEDERAL HOME LN MTG CORP MTN 2.375% 9/21/2005 05/19/2006 DD 05/ l 9/03SEC JD: 9/22/2005 3128XlCU9BROKER: GOLDMA_N SACHS & 9/2l/2005 CO. NYOCSF'0751 l 102: LIQUID OPER-P IMCO FEDERAL HOME LN MTG CORP MTN 6.250% 9/27/2005 ll/14i2013 DD ll/14/03SECJD: 9/28/2005 3128Xl6R3BROKER: FlRST 1'ENNKSSEE BK 9;27 /2005 NA-BOND DlV, MEMPH1S0CSF07522202: LONG TERM OPER-PIMCO FEDERAL HOME LN MTG CORP MTN 6.250% 9/27/2005 11/14/2013 DD ll/14/0::iSECJD: 9/28/2005 3128X l6R3BROKER: FIRSTTEN.NESSEE BK 9;27/2005 NA-BOND DN, M.EMPl~JISOCSP07522202: LONG TERM OPER-PIMCO FEDERAL HOME LN BKS CONS BD 4.000% 03/18/2011 DD 06/ 19/03SEC fD: 31339XKN3BR0KER: FIRST TENNESSE E BK NA-BOND DIV, MEMPHISOCSF07522202: LONG TERM OPER-PIMCO FEDERAL HOME LN BKS CONS BD 4.000% 03/18/2011 DD 06/19/03SEC ID: 31339XKN3BROKER: r-lRST TENNESSEE BK NA-BOND DIV, MEMPHISOCSJ:107522202: LONG TERM OPER-PIMCO 9/28/2005 9/29/2005 9/28/2005 9/28/2005 9/29/2005 9/28/2005 HSBC FIN CORP NT VAR RT 09/15/2008 DD 9/8/2005 09/ l5/05SEC ID: 40429CCU4BROKER: JP 9/15/2005 MORGAN CHASE BANK/HSBC!, NEW 9/8/2005 YORKOCSf07522202: LONG TERJ.JI OPER- PIMCO ·k Actual Settle Date Local Price Base Price Base Ex Rate 99.4330 98.8320 98.8320 100.2656 100.2656 96.0781 96.0781 100.0000 15 Shares/Par 0.000 700,000.000 0.000 1,000,000.000 0.000 3,000,000.000 0.000 2,700,000.000 Cost Base 0.00 691,824.00 0.00 1,002,656.25 0.00 2,882,343.75 0.00 2,700,000.00 ReportID: EWBA09 Base Currency: USD Status: FINAL Amount Base -1,549.33 -691,824.00 -5,680.21 -1,002,656.25 -23,263.89 -2,882,343.75 -3,666.67 -2, 700,000.00 Net Gain/Loss Base 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Workbench OCSD-CONSOLIDATED -OCSG000 10000 Transaction Detail Reported by Transaction Category 9/1/2005-9/30/2005 Tran Trade Date Settle Date Reported Date Type Description B IB B 18 MERRILL LYNCH & CO INC NT 6.250% 01/15/2006 DD 0l/20/94SEC ID: 590188FC7BROKER: JEFFERIES & CO INC, NEW YORKOCSF075 l l 102: LIQUID OPER- PIMCO MERRILL LYNCH & CO INC NT 6.250% 01/15/2006 DD 0l/20/94SEC ID: 590188FC7BROKER: JEFFERIES & CO INC, NEW YORKOCSF0751 l 102: LIQUID OPER- PIMCO SLM CORP MTN# TR 00067 VAR RT 07/25/2008 DD 07 /26/04SEC ID: 78442FCU0BROKER: GOLDMAN SACHS & CO, NYOCSF07522202: LONG TERM OPER- PIMCO SLM CORP MTN# TR 00067 VAR RT 07/25/2008 DD 07 /26/04SEC ID: 78442FCU0BROKER: GOLDMAN SACHS & CO, NYOCSF07522202: LONG TERM OPER- PIMCO 9/8/2005 9/13/2005 9/8/2005 9/8/2005 9/13/2005 9/8/2005 9/27/2005 9/30/2005 9/27/2005 9/27/2005 9/30/2005 9/27/2005 B SLM STUDENT LN TR 04-6 A2 VAR RT 9/29/2005 01/25/2013 DD 06/30/04SECJD: 10/4/2005 78442GMA !BROKER: BARCLAYS CAPITAL 9129/2005 rNC, NEW YORKOCSF07522202: LONG TERM OPER-PIMCO 18 SLM STUDENT LN TR 04-6 A2 VAR RT 9/29/2005 01/25/2013 DD 06/30/04SEC ID: 10/4/2005 78442GMA1BROKER: BARCLAYS CAPITAL 9/29/2005 INC, NEW YORKOCSF07522202: LONG TERM OPER-PIMCO Local Price Base Price Base Ex Rate 100.7220 100.7220 100.2800 100.2800 100.0117 100.0117 Shares/Par 102,000.000 0.000 1,800,000.000 0.000 2,587,990.370 0.000 Cost Base 102,736.44 0.00 1,805,040.00 0.00 2,588,293.65 0.00 BC SALOMON SMITH MTN II SR 00206VAR RT 8/23/2005 100.3702 -2,300,000.000 -2,308,514.60 05/18/2007 DD 05/28/02SEC JD: . 8/26/2005 79548EJP8BROKER: ClTJGROUP GBL l 200 MXTS/SALOMON, NEW YORKOCSF0752 2202: 9 / / 5 LONG TERM OPER-P!MCO 18C SALOMON SMITH MTN# SR 00206 VAR RT 8/23/2005 100.3702 0.000 0.00 05/18/2007 DD 05/28/02SEC ID: 8/26/2005 79548EJP8BROKER: CITIGROUP GBL 9/ l/2005 MKTS/SALOMON, NEW YORKOCSF07522202: LONG TERM OPER-PIMCO ., Actual Settle Date 16 ReportID: EWBA09 Base Currency: USD Status: FINAL Amount Base -102,736.44 -1,027.08 -1,805,040.00 -12,931.00 -2,588,293.65 -18,834.10 2,308,514.60 13,432.34 Net Gain/Loss Base 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Workbench Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B SALOMON SMITH MTN# SR 00206 VAR RT 8/23/2005 100.3702 2,300,000.000 2,308,514.60 -2,308,514.60 0.00 05/18/2007 DD 05/28/02SEC ID: 8/26/2005 79548EJP8BROKER: CITIGROUP GBL 9 / l/2005 MKTS/SALOMON, NEW YORKOCSF07522202:9/ 212005 * LONG TERM OPER-PIMCO l 18 SALOMON SMITH MTN# SR 00206 VAR RT 8/23/2005 100.3702 0.000 0.00 -6,298.06 0.00 05/18/2007 DD 05/28/02SEC ID: 8/26/2005 79548EJP8BROKER: CITIGROUP GB~ 9/ l/2005 MKTS/SALOMON, NEW YORKOCSFO t 522202: / 12005 * LONG TERM OPER-PIMCO g 12 B US TREASURY NOTES 4.250% 08/15/2013 9/19/2005 100.4248 2,100,000.000 2,108,920.04 -2,108,920.04 · 0.00 DD 08/15/03S~C ID: 912828BH2BROKER: 10/4/2005 L,EHMAN GOV1 _SECS INC, NYOCSF0V522202:9119;2oo5 LONG TERM OPER-PIMCO 18 US TREASURY NOTES 4.250% 08/15/2013 9/19/2005 100.4248 0.000 0.00 -12,126.36 0.00 DD 08/ I5/03SEC ID: 9J2828BH2BROKER: 10/4/2005 LEHMAN GOVT SECS INC, NYOCSF07522-202: 9/ l9/2005 LONG TERM OPER-P!MCO B US TREASURY NOTES 3.375% 12/15/2008 9/21/2005 98.2426 10,900,000.000 10,708,447.11 -10,708,447.11 0.00 DD 12/ 15/03SEC ID: 912828BT6BROKER: 10/19/2005 GOLDMAN SACHS & CO, NYOCSF07522202: 9/21/2005 LONG TERM OPER-PIMCO 18 US TREASURY NOTES 3.375% 12/15/2008 9/21/2005 98.2426 0.000 0.00 -126,645.49 0.00 DD 12/ 15/03SEC ID: 912828BT6BROKER: 10/19/2005 GOLDMAN SACHS & CO, NYOCSF07522202: 9/2 l/2005 LONG TERM OPER-PIMCO B US TREASURY NOTES 2.750% 06/30/2006 9/7/2005 99.2477 9,500,000.000 9,428,528.27 -9,428,528.27 0.00 DD 06/30/04SEC ID: 912828CMOBROKER: 9/21/2005 GOLDMAN SACHS & CO, NYOCSF07522202: 9;7 /2005 LONG TERM OPER-PIMCO 18 US TREASURY NOTES 2.750% 06/30/2006 9/7/2005 99.2477 0.000 0.00 -58,923.23 0.00 DD 06/30/04SEC ID: 912828CMOBROKER: 9/21/2005 GOLDMAN SACHS & CO, NYOCSF07522202: 9/7/2005 LONG TERM OPEJ~~PlMCO Workbench ·> Actual Settle Date 17 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base currency: usn OCSD-CONSOLIDATED-OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL _J Trade Date Local Price . -\ Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B LJ S TREASURY NOTES 2.750% 07 /31/2006 9/14/2005 99.1398 5,000,000.000 4,956,992.20 -4,956,992.20 0.00 DD 07/31/04SEC ill: 912828CQIBROKER: 9/21/2005 MERRILL LYNCH PIERCE FENNER SMITH fNC 9/ 14;2005 NYOCSF07522202: LONG TERM OPER-PIMCO 1B USTREASURYNOTES 2.750%07/31/2006 9/14/2005 99.1398 0.000 0.00 -19,429.35 0.00 DD 07/31/04SEC ID: 912828CQ1BROKER: 9/21/2005 MERRILL LYNCH PIERCE FENNER SMITH INC 9/14/2005 NYOCSF07522202: LONG TERM OPER-PIMCO B US TREASURY NOTES 2.750% 07/31/2006 9/20/2005 99.1356 14,000,000.000 13,878,982.74 -13,878,982.74 0.00 DD 07 /31/04SEC ID: 912828CQ1BROKER: 10/19/2005 CREDIT SUISSE, NEW YORKOCSF07522202: 9/20/2005 LONG TERM OPER-PIMCO 1B US TREASURY NOTES 2.750% 07/31/2006 9/20/2005 99.1356 0.000 0.00 -83,695.65 0.00 DD 07,/31/04-SEC lD: 912l328CQ1BROKER: 10/19/2005 CREDIT SUISSE, NEW YORKOCSF07522202: 9;2o;2oo5 LONG TERM OPER-PLMCO B US TREASURY NOTES 3.500% 12/15/2009 9/20/2005 97.8901 13,920,000.000 13,626,296.77 -13,626,296.77 0.00 DD 12/ 15/04SEC ID: 912828DE7BROKER: 10/19/2005 GOLDMAN SACHS & CO, NYOCSF07522202: 9/20/2005 LONG TERM OPER-PIMCO 1B US TREASURY NOTES 3.500% 12/15/2009 9/20/2005 97.8901 0.000 0.00 -167,724.59 0.00 DD L2/ 15/04SEC ID: 912828DE7BROKER: 10/19/2005 GOLDMAN SACHS & CO, NYOCSF07522202: 912012005 LONG TERM OPER-PIMCO 8 US TREASURY NOTES 4.000% 03/15/2010 9/6/2005 100.5313 15,000,000.000 15,079,687.50 -15,079,687.50 0.00 DD 03/15/05SEC ID: 912828DP28ROKER: 9/6/2005 UBS SECURITIES LLC, 9/6/2005 STAMFORDOCSF07522202: LONG TERM OPER-PIMCO 1B US TREASURY NOTES 4.000% 03/15/2010 9/6/2005 100.5313 0.000 0.00 -285,326.09 0.00 OD 03/15/0SSEC ID: 912828DP2BROKER: 9/6/2005 UBS SECUR1T1ES LLC, STAMFORDOCSF07522202: LONG TERM 9/6/200S OPER-PIMCO Workbench ' Actual Settle Date 18 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED • OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL Tran Settle Date Base Price Cost Amount Net Gain/Loss ~ Trade Date Local Price Type Description Reported Date Base Ex Rate Shares/Par Base Base Base B US TREASURY NOTES 3.750% 03/31/2007 9/20/2005 99.6840 11,200,000.000 11,164,607.55 -11,164,607.55 0.00 DD 03/3 1/0SSEC II): 912828DQOBROKE:R : 10/19/2005 CREDIT SUlSSE, NEW YORKOCSF07522202: 912012005 LONG TERM OPER-PIMCO 1B US TREASURY NOTES 3.750%, 03/31/2007 9/20/2005 99.6840 0.000 0.00 -21,923.08 0.00 'DD 03/31/0SSEC I-?: 9J.2828DQ0BROKER: 10/19/2005 CREDIT SUISSE, NEW YORKOCSF07522202: 9;20;2005 LONG TERM OPER-PIMCO B US TREASURY NOTES 3.500% 05/31/2007 9/20/2005 99.2279 11,000,000.000 10,915,072.08 -10,915,072.08 0.00 DD 05/31/05SEC lD: 912828DW7 BROKER: 10/19/2005 GOLD MAN SACHS & CO, NYOCSF07522202: 912012005 LONG TERM OPER-PIM CO 1B US TREASURY NOTES 3.500% 05/31/2007 9/20/2005 99.2279 0.000 0.00 -148,319.67 0.00 DD 05/31/05SEC ID: 912828DW7BROKER: 10/19/2005 GOLDMAN SACHS & CO, NYOCSF07522202: 912012005 LONG TERM OPER-PIMCO B US TREASURY NOTES 3.625% 06/30/2007 9/20/2005 99.3817 20,000,000.000 19,876,334.40 -19,876,334.40 0.00 DD 06/30/05SEC ID: 912828DY3BROKER: 10/19/2005 GOLDMAN SACHS & CO, NYOCSF07522202: 9/20/2005 LONG TERM OPER-PIMCO 1B US TREASURY NOTES 3.625% 06/30/2007 9/20/2005 99.3817 0.000 0.00 -218,682.07 0.00 DD 06/30/05SEC JD; 912828D.TIBROKER: 10/19/2005 GOLDMAN SACHS & CO, NYOCSF07522202: 9;2o/2005 LONGTERM OPER-Pli\lICO TOTAL FIXED INCOME SECURITIES U.S. DOLLAR: 124,621,990.370 123,628,127.71 -124,830,741.29 0.00 TOTAL FIXED INCOME SECURITIES BASE: 124,621,990.370 123,628,127.71 -124,830,741.29 0.00 TOTAL PURCHASES BASE: 603,856,806.750 602,580,894.85 -603,783,508.43 0.00 Workbench ·> Actual Settle Date 19 OCSD-CONSOLIDATED -OCSG000l0000 Transaction Detail Reported by Transaction Category 9/1/2005 -9/30/2005 Tran Trade Date Settle Date Reported Date Type Description PAY UPS FIXED INCOME SECURITIES U.S. DOLLAR PU PU PU PU PU PU FHLMC MULTICLASS MTG SERE3 A VAR RT 08/15/2032 DD 12/0l/97SEC ID: 3 l3.3TCE950CSF07522202: LONG TERM OPER-PIMCO 9/1/2005 9/1/2005 9/1/2005 9/16/2005* 3.375% 7/15/2005 US TREASURY INFLATION lNDEX NT 01/15/2007 DD Ol/15/97SEC ID: 9128272M30CSF07522202: LONG TERM OPER-PIMCO 7/15/2005 9/1/2005 9/30/2005 • US 1'REASURY JNFLA1'10N INDEX NT 3.625% 7/15/2005 01/15/2008 DD Ol/15/98SEC ID: 7/15/2005 9128273T70CSF07522202: LONG TERM 9/ l/2005 OPER-P[MCO 9/30/2005 * US TREASURY lNFLATlON INDEX NT Ol/15/2009 DD 01./15/99SEC1D: 3.875% 1 / 15;2005 9 I 28274Y50CSF07522202: LONG TERM OPER-PIMCO 7/15/2005 9/1/2005 9/30/2005 * 2.000% 7/15/2005 US TREASURY rNFLATION LNDEXED Ol/J5/20l4 DD Ol/15/04SEC1D: 912828BW90CSF07522202: LONG TERM OPER-PJMCO 7/15/2005 9/1/2005 9/30/2005 * US TREASURY [NPLATION INDEX NT 2.000% 7/15/2005 07/15/2014 DD 0:_1_15/04SEC ID: 7/15/2005 912828CP30CSFOt:>22202: LONG TERM 9/l/2005 OPER-PIMCO 913012005 * Local Price Base Price Base Ex Rate 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 TOTAL FIXED INCOME SECURITIES U.S. DOLLAR: TOTAL FIXED INCOME SECURITIES BASE: -, Actual Settle Date 20 Shares/Par 0.650 38,096.140 11,340.000 50,540.000 472.000 14,353.000 114,801.790 114,801.790 Cost Base 0.65 38,096.14 11,340.00 50,540.00 472.00 14,353.00 114,801.79 114,801.79 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base -0.65 -38,096.14 -11,340.00 -50,540.00 -472.00 -14,353.00 -114,801.79 -114,801.79 Net Gain;Loss I Base I 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Workbench OCSD-CONSOLIDATED · OCSG000 10000 Transaction Detail Reported by Transaction Category 9/1/2005 -9/30/2005 Tran Type Description Trade Date Settle Date Reported Date Local Price Base Price Base Ex Rate TOTAL PAY UPS BASE: SALES CASH & CASH EQUIVALENTS U.S. DOLLAR s IS s IS s IS FEDERAL HOME LN MTG CORP DISC MAT 12/ 12/2005SEC ID: 313397QK0BROKER: UBS SECURITIES LLC, STAMFORDOCSF07522202: LONG TERM OPER-PIMCO FEDERAL HOME LN MTG CORP DISC MAT 12/12/2005SEC ID: 313397QK0BROKER: UBS SECURITIES LLC, STAMFORDOCSF07522202: LONG TERM OPER-PIMCO 9/29/2005 9/29/2005 9/29/2005 9/29/2005 9/29/2005 9/29/2005 FEDERAL NATL MTG ASSN DISCOUNT MAT 9/29/2005 03/29/2006SEC ID: 313589UW1BROKER: 9/29/2005 MORGAN STANLEY & CO INC, 9/29/2005 NYOCSF07522202: LONG TERM OPER-PIMCO FEDERAL NATL MTG ASSN DISCOUNT MAT 9/29/2005 03/29/2006SEC ID: 313589UW1BROKER: 9/29/2005 MORGAN STANLEY & CO INC, 9/29/2005 NYOCSF07522202: LONG TERM OPER-PIMCO FEDERAL NATL MTG ASSN DISCOUNT MAT 03/29/2006SEC ID: 313589UW1BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER-PIMCO FEDERAL NATL MTG ASSN DISCOUNT MAT 03/29/2006SEC ID: 313589UW1BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER-PIMCO 9/30/2005 9/30/2005 9/30/2005 9/30/2005 9/30/2005 9/30/2005 ., Actual Settle Date 98.8694 98.8694 97.9808 97.9808 97.9808 97.9808 21 Shares/Par 114,801.790 -200,000.000 0.000 -1,000,000.000 0.000 -1,500,000.000 0.000 Cost Base 114,801.79 -197,738.89 0.00 -979,808.11 0.00 -1,469,712.17 0.00 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base -114,801. 79 197,738.89 711.22 979,808.11 734.39 1,469,712.17 1,037.83 Net Gain/Loss Base 0.00 0.00 0.00 0 .00 0.00 0 .00 0.00 Workbench Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDA TED -OCSG000 10000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base s US TREASURY BILL 10/13/2005 DD 9/1/2005 98.5164 -2,000,000.000 -1,970,327.92 1,970,327.80 -0.12 04/14/2005SEC ID: 912795VV0BROKER: 9/2/2005 GOLDMAN SACHS & CO, NYOCSF07511102: 9/ l/2005 LIQUID OPER-PIMCO IS US TREASURY BILL 10/13/2005 DD 9/1/2005 98.5164 0.000 0.00 22,246.64 0.00 04/14/2005SEC ID: 912795VV0BROKER: 9/2/2005 GOLDMAN SACHS & CO, NYOCSF0751 l 102: 9/1/2005 LIQUID OPER-PIMCO s CS FOB CAT 2 REPO REPO 03.500% 9/1/2005 100.0000 -3,200,000.000 -3,200,000.00 3,200,000.00 0.00 09/01/2005 DD 08/31/05SEC ID: 9/1/2005 99440F718BROKER: CREDIT SUISSE, NEW 9/1/2005 YORKOCSF07511102: LIQUID OPER-PIMCO IS CS FOB CAT 2 REPO REPO 03.500% 9/1/2005 100.0000 0.000 0.00 311.11 0.00 09/01/2005 DD 08/31/05SEC ID: 9/1/2005 99440F718BROKER: CREDIT SUISSE, NEW 9/1/2005 YORKOCSF07511102: LIQUID OPER-PIMCO s CS FOB CAT 2 REPO REPO 03.500% 9/2/2005 100.0000 -14,000,000.000 -14,000,000.00 14,000,000.00 0.00 09/02/2005 DD 09/0l/05SEC ID: 9/2/2005 99440H151BROKER: CREDIT SUISSE, NEW 9/2/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO IS CS FOB CAT 2 REPO REPO 03.500% 9/2/2005 100.0000 0.000 0.00 1,361.11 0.00 09/02/2005 DD 09/01/05SEC ID: 9/2/2005 99440H151BROKER: CREDIT SUISSE, NEW 9/2/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO s LEHMAN CAT 1 REPO REPO 03.530% 9/2/2005 100.0000 -4 ,000,000.000 -4,000,000.00 4,000,000.00 0.00 09/02/2005 DD 09/01/05SEC ID: 9/2/2005 99440H615BROKER: LEHMAN GOVT SECS 9/2/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO IS LEHMAN CAT 1 REPO REPO 03.530% 9/2/2005 100.0000 0.000 0.00 392.22 0.00 09/02/2005 DD 09/01/05SEC ID: 9/2/2005 99440H615BROKER: LEHMAN GOVT SECS 9/2/2005 INC, NYOCSF075 l 1102: LIQUID OPER-PIMCO Workbench • Actual Settle Date 22 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base s CREDIT SUISSE FB REPO 03.450% 9/6/2005 100.0000 -11,800,000.000 -11,800,000.00 11,800,000.00 0.00 09/06/2005 DD 09/02/05SEC ID: 9/6/2005 99440Kl 13BROKER: CREDIT SUISSE, NEW 9/6/2005 YORKOCSF0751 l 102: LIQUID OPER-PIMCO IS CREDIT SUISSE FB REPO 03.450% 9/6/2005 100.0000 0.000 0.00 4,523.33 0.00 09/06/2005 DD 09/02/05SEC ID: 9/6/2005 99440Kl 13BROKER: CREDIT SUISSE, NEW 9/6/2005 YORKOCSF0751 l 102: LIQUID OPER-PIMCO s LEHMAN CAT 2 REPO 03.470% 09/07/2005 9/7/2005 100.0000 -11,800,000.000 -11,800,000.00 11,800,000.00 0.00 DD 09/06/05~~C ID: 99440L665BRC?_l<ER: 9/7/2005 LEHMAN GOVl SECS INC, NYOCSF0 t5 11102:9 /7/2005 LIQUID OPER-PIMCO IS LEHMAN CAT 2 REPO 03.470% 09/07/2005 9/7/2005 100.0000 0.000 0.00 1,137.39 0.00 DD 09/06/05SEC ID: 99440L665BROKER: 9/7/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 91712005 LIQUID OPER-PIMCO s LEHMAN CAT 2 REPO 03.460% 09/08/2005 9/8/2005 100.0000 -11,800,000.000 -11,800,000.00 11,800,000.00 0.00 DD 09/07 /05S:F;C ID: 99440N315BR~KER: 9/8/2005 LEHMAN GOVT SECS INC, NYOCSF0t511102: 91812005 LIQUlD OPER-PlMCO IS LEHMAN CAT 2 REPO 03.460% 09/08/2005 9/8/2005 100.0000 0.000 0.00 1,134.11 0.00 DD 09/07/0SSEC ID: 99440 N315BROKER: 9/8/2005 LEHMAN GOVT SECS INC, NYOCSF0751 l 102: 91812005 LIQUID OP!i:R-PIMCO s LEHMAN CAT 2 REPO 03.450% 09/09/2005 9/9/2005 100.0000 -11,500,000.000 -11,500,000.00 11,500,000.00 0.00 DD 09/08/0SSEC ID: 99440Q029BR~KER: 9/9/2005 LEHMAN GOVT SECS INC, NYOCSF0t 511102:9;9;2005 LIQULD OPER-PlMCO IS LEHMAN CAT 2 REPO 03.450% 09/09/2005 9/9/2005 100.0000 0.000 0.00 1,102.08 0.00 DJ) 09/08/0SSEC ID: 99440Q029BR~KER: 9/9/2005 LEHMAN GOVT SECS INC, NYOCSFO.t511102:9;9;2005 LIQUID OPER-PIMC O Workbench ·• Actual Settle Date 23 OCSD-CONSOLIDATED • OCSGOOO 10000 Transaction Detail Reported by Transaction Category 9/1/2005 -9/30/2005 Tran Trade Date Settle Date Reported Date Type Description s IS s IS s IS s IS LEHMAN CAT 1 REPO REPO 03.410% 9/12/2005 09/12/2005 DD 09/09/05SEC ID: 9/12/2005 99440R746BROKER: LEHMAN GOVT SECS 9/12/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.410% 9/12/2005 09/12/2005 DD 09/09/05SEC ID: 9/12/2005 99440R746BROKER: LEHMAN GOVT SECS 9/12/2005 INC, NYOCSF0751 l 102: LIQUID OPER-PIMCO LEHMAN CAT 2 REPO 03.400% 09/13/2005 9/13/2005 DD 09/ 12/05SEC ID: 99440T403BROKER: 9/13/2005 LEHMAN GOVT SECS INC, NYOCSF0751 l 102: 9/13/2005 LIQUID OPER-PIMCO LEHMAN CAT 2 REPO 03.400% 09/13/2005 9/13/2005 DD 09/ l2/05SEC ID: 99440H-03BROKER: 9/13/2005 LEHMAN GOVT SElCS INC.NYOCSF07511102:9113;2005 LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.420% 9/14/2005 09/14/2005 DD 09/13/05SEC ID: 9/14/2005 99440V325BROKER: LEHMAN GOVT SECS 9/14/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.420% 9/14/2005 09/14/2005 DD 09/13/05SEC ID: 9/14/2005 99440V325BROKER: LEHMAN GOVT SECS 9/l4 /2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.440% 9/15/2005 09/15/2005 DD 09/ 14/05SEC ID: 9/15/2005 99440X008BROKER: LEHMAN GOVT SECS 9/15/2005 INC, NYOCSF0751 l 102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.440% 9/15/2005 09/15/2005 DD 09/14/05SEC ID: 9/15/2005 99440X008BROKER: LEHMAN GOVT SECS 9;15;2oo5 INC, NYOCSF0751 l 102: LIQUID OPER-PIMCO ·• Actual Settle Date Local Price Base Price Base Ex Rate 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 24 Shares/Par -11,800,000.000 0.000 -9,200,000.000 0.000 -11,800,000.000 0.000 -11,800,000.000 0.000 Cost Base -11,800,000.00 0.00 -9,200,000.00 0.00 -11,800,000.00 0.00 -11,800,000.00 0.00 ReportID: EWBA09 Base Currency: USO Status: FINAL Amount Base 11,800,000.00 3,353.17 9,200,000.00 868.89 11,800,000.00 1,121.00 11,800,000.00 1,127.56 Net Gain/Loss ~1 Base 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Workbench OCSD-CONSOLIDATED -OCSGO00l0000 Transaction Detail Reported by Transaction Category 9/1/2005-9/30/2005 I Tran ~escription Trade Date Settle Date Reported Date s IS s IS s IS s IS LEHMAN CAT 1 REPO REPO 03.610% 9/16/2005 09/16/2005 DD 09/15/05SEC ID: 9/16/2005 99440Y741BROKER: LEHMAN GOVT SECS 9 /16/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.610% 9/16/2005 09/16/2005 DD 09 / 15/05SEC ID: 9/16/2005 99440Y741BROKER: LEHMAN GOVT SECS 9/16/2005 INC, NYOCSF075 l l 102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.530% 9/19/2005 09/19/2005 DD 09/ 16/05SEC ID: 9/19/2005 99441A205BROKER: LEHMAN GOVT SECS 9/19/2005 INC, NYOCSF075 ll 102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.530% 9/19/2005 09/19/2005 DD 09/16/05SEC ID: 9/19/2005 99441A205BROKER: LEHMAN GOVT SECS 9/19/2005 INC, NYOCSF075 ll 102: LIQUID OPER-PIMCO CS FOB CAT 2 REPO REPO 03.510% 09/20/2005 DD 09/19/05SEC ID: 99441C599BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO CS FOB CAT 2 REPO REPO 03.510% 09/20/2005 DD 09/19/05SEC ID: 99441C599BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO 9/20/2005 9/20/2005 9/20/2005 9/20/2005 9/20/2005 9/20/2005 LEHMAN CAT 1 REPO REPO 03.500% 9/20/2005 09/20/2005 DD 09/19/05SEC ID: 9/20/2005 99441C607BROKER: LEHMAN GOVT SECS 9/20/2005 INC, NYOCSF0751 l 102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.500% 9/20/2005 09/20/2005 DD 09/19/05SEC ID: 9/20/2005 99441C607BROKER: LEHMAN GOVT SECS 9/20/2005 INC, NYOCSF0751 l 102: LIQUID OPER-PIMCO • Actual Settle Date Local Price Base Price Base Ex Rate 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 25 Shares/Par -11,800,000.000 0.000 -11,800,000.000 0.000 -3,200,000.000 0.000 -11,800,000.000 0.000 Cost Base -11,800,000.00 0.00 -11,800,000.00 0.00 -3,200,000.00 0.00 -11,800,000.00 0.00 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base 11,800,000.00 1,183.28 11,800,000.00 3,471.17 3,200,000.00 312.00 11,800,000.00 1,147.22 Net Gain/Loss Base 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Workbench I I OCSD-CONSOLIDATED -OCSG000l0000 Transaction Detail Reported by Transaction Category 9/1/2005 -9/30/2005 I Tran lipe Description Trade Date Settle Date Reported Date s IS s IS s IS s IS ----- LEHMAN CAT 1 REPO REPO 03.560% 9/21/2005 09/21/2005 DD 09/20/05SEC ID: 9/21/2005 99441El24BROKER: LEHMAN GOVT SECS 9/21/2005 INC, NYOCSF0751 l 102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.560% 9/21/2005 09/21/2005 DD 09/20/05SEC ID: 9/21/2005 99441El24BROKER: LEHMAN GOVT SECS 9 /21/2005 INC, NYOCSF0751 l 102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.630% 9/22/2005 09/22/2005 DD 09/21/05SEC ID: 9/22/2005 99441F725BROKER: LEHMAN GOVT SECS 9/22 /2005 INC, NYOCSF075 l 1102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.630% 9/22/2005 09/22/2005 DD 09/21/05SEC ID: 9/22/2005 99441F725BROKER: LEHMAN GOVT SECS 9/22/2005 INC, NYOCSF075 ll l 02: LIQUID OPER-PIMCO CS FOB CAT 2 REPO REPO 03.620% 09/22/2005 DD 09/21/05SEC ID: 99441F865BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO CS FOB CAT 2 REPO REPO 03.620% 09/22/2005 DD 09/21/05SEC ID: 99441F865BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO CS FOB CAT 2 REPO REPO 03.610% 09/23/2005 DD 09/22/05SEC ID: 99441H804BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO CS FOB CAT 2 REPO REPO 03.610% 09/23/2005 DD 09/22/05SEC ID: 99441H804BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO 9/22/2005 9/22/2005 9/22/2005 9/22/2005 9/22/2005 9/22/2005 9/23/2005 9/23/2005 9/23/2005 9/23/2005 9/23/2005 9/23/2005 ·• Actual Settle Date Local Price Base Price Base Ex Rate 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 100.0000 26 Shares/Par -11,800,000.000 0.000 -11,800,000.000 0.000 -1,900,000.000 0.000 -3,400,000.000 0.000 Cost Base -11,800,000.00 0.00 -11,800,000.00 0.00 -1,900,000.00 0.00 -3,400,000.00 0.00 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base 11,800,000.00 1,166.89 11,800,000.00 1,189.83 1,900,000.00 191.06 3,400,000.00 340.94 Net Gain/Loss Base 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Workbench OCSD-CONSOLIDATED -OCSG000l0000 Tran Type Description Transaction Detail Reported by Transaction Category 9/1/2005 -9/30/2005 Trade Date Settle Date Reported Date Local Price Base Price Base Ex Rate Shares/Par Cost Base s LEHMAN CAT 1 REPO REPO 03.600% 9/23/2005 100.0000 -11,800,000.000 -11,800,000.00 IS s IS s IS s IS 09/23/2005 DD 09/22/05SEC ID: 9/23/2005 99441H812BROKER: LEHMAN GOVT SECS 9;23/2005 INC, NYOCSF0751 l 102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.600% 9/23/2005 09/23/2005 DD 09/22/05SEC ID: 9/23/2005 99441H812BROKER: LEHMAN GOVT SECS 9;23/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.600% 9/26/2005 09/26/2005 DD 09/23/05SEC ID: 9/26/2005 99441K450BROKER: LEHMAN GOVT SECS 9;26/2005 INC, NYOCSF075 l l l 02: LIQUID OPER-PIMCO LEHMAN CAT 1 REPO REPO 03.600% 9/26/2005 09/26/2005 DD 09/23/05SEC ID: 9/26/2005 99441K450BROKER: LEHMAN GOVT SECS 9/26/2005 INC, NYOCSF075 l l 102: LIQUID OPER-PIMCO CS FOB CAT 2 REPO REPO 03.610% 09/26/2005 DD 09/23/05SEC ID: 99441K492BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO CS FOB CAT 2 REPO REPO 03.610% 09/26/2005 DD 09/23/05SEC ID: 99441K492BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO CS FOB CAT 2 REPO REPO 03.620% 09/27/2005 DD 09/26/05SEC ID: 99441Ml34BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO CS FOB CAT 2 REPO REPO 03.620% 09/27/2005 DD 09/26/05SEC ID: 99441Ml34BROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER- PIMCO 9/26/2005 9/26/2005 9/26/2005 9/26/2005 9/26/2005 9/26/2005 9/27/2005 9/27/2005 9/27/2005 9/27/2005 9/27/2005 9/27/2005 • Actual Settle Date 100.0000 0.000 0.00 100.0000 -11,800,000.000 -11,800,000.00 100.0000 0.000 0.00 100.0000 -3,300,000.000 -3,300,000.00 100.0000 0.000 0.00 100.0000 -3,500,000.000 -3,500,000.00 100.0000 0.000 0.00 27 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base 11,800,000.00 1,180.00 11,800,000.00 3,540.00 3,300,000.00 992.75 3,500,000.00 351.94 Net Gain/Loss Base 0.00 0.00 . 0.00 0.00 0.00 0.00 0.00 0.00 Workbench Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000 10000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base s LEHMAN CAT 1 REPO REPO 03.620% 9/27/2005 100.0000 -11,800,000.000 -11,800,000.00 11,800,000.00 0.00 09/27/2005 DD 09/26/05SEC ID: 9/27/2005 99441M332BROKER: LEHMAN GOVT SECS 9;27 /2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO IS LEHMAN CAT 1 REPO REPO 03.620% 9/27/2005 100.0000 0.000 0.00 1,186.56 0.00 09/27/2005 DD 09/26/05SEC ID: 9/27/2005 99441M332BROKER: LEHMAN GOVT SECS 9;27 /2005 INC, NYOCSF075 ll 102: LIQUJD OPER-PIMCO s LEHMAN CAT 1 REPO REPO 03.650% 9/28/2005 100.0000 -11,800,000.000 -11,800,000.00 11,800,000.00 0.00 09/28/2005 DD 09/27 /05SEC ID: 9/28/2005 99441N967BROKER: LEHMAN GOVT SECS 9/28/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO IS LEHMAN CAT 1 REPO REPO 03.650% 9/28/2005 100.0000 0.000 0.00 1,196.39 0 .00 09/28/2005 DD 09/27 /05SEC ID: 9/28/2005 99441N967BROKER: LEHMAN GOVT SECS 9;28/2005 INC, NYOCSF07511102: LIQUID OPER-PIMCO s CS FOB CAT 2 REPO REPO 03.650% 9/28/2005 100.0000 -3,500,000.000 -3,500,000.00 3 ,500,000.00 0.00 09/28/2005 DD 09/27 /05SEC ID: 9/28/2005 99441P038BROKER: CREDIT SUISSE, NEW 9/28/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO IS CS FOB CAT 2 REPO REPO 03.650% 9/28/2005 100.0000 0 .000 0.00 354.86 0.00 09/28/2005 DD 09/27 /05SEC ID: 9/28/2005 99441P038BROKER: CREDIT SUISSE, NEW 9/28/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO s CS FOB CAT 2 REPO REPO 03.580% 9/29/2005 100.0000 -1,600,000.000 -1,600,000.00 1,600,000.00 0.00 09/29/2005 DD 09/28/05SEC ID: 9/29/2005 99441Q838BROKER: CREDIT SUISSE, NEW 9/29/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO IS CS FOB CAT 2 REPO REPO 03.580% 9/29/2005 100.0000 0.000 0.00 159.11 0.00 09/29/2005 DD 09/28/05SEC ID: 9/29/2005 99441Q838BROKER: CREDIT SUISSE, NEW 9/29/2005 YORKOCSF07522202: LONG TERM OPER- PIMCO Wo,·kbench ·> Actual Settle Date 28 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base s LEHMAN CAT 2 REPO 03.580% 09/29/2005 9/29/2005 100.0000 -11,800,000.000 -11,800,000.00 11,800,000.00 0.00 DD 09/28/05SEC ID: 99441Q994BROKER: 9/29/2005 LEHMAN GOVT SECS INC, NYOCSF07511102:9/29/2005 LIQUID OPER-PIMCO IS LEHMAN CAT 2 REPO 03.580% 09/29/2005 9/29/2005 100.0000 0.000 0.00 1,173.44 0.00 DD 09/28/05SEC ID: 99441Q994BROKER: 9/29/2005 LEHMAN GOVT SECS INC, NYOCSF07511102: 9 ;29/2005 LIQUID OPER-PIMCO s LEHMAN CAT 2 REPO 03.520% 09/30/2005 9/30/2005 100.0000 -10,400,000.000 -10,400,000.00 10,400,000.00 0.00 DD 09/29/05SEC ID: 99441S529BROKER: 9/30/2005 LEHMAN GOVT SECS INC, NYOCSF0751 l 102: 9 ;30/2005 LIQUID OPER-PIMCO IS LEHMAN CAT 2 REPO 03.520% 09/30/2005 9/30/2005 100.0000 0.000 0.00 1,016.89 0.00 DD 09/29/05SEC ID: 99441S529BROl<ER: 9/30/2005 LIJ:HMAN GOVT SECS INC, NYOCSli'0751 l 102: 9/30/2005 LIQUID OPER-PIMCO s DREYFUS TREASURY CASH MGMTSEC ID: 9/2/2005 1.0000 -5,943,990.890 -5,943,990.89 5,943,990.89 0.00 996085247OCSF07522202: LONG TERM 9/2/2005 OPER-PIMCO 9/2/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 9/6/2005 1.0000 -11,885,785.870 -11,885, 785.87 11,885,785.87 0.00 996085247OCSF0751 l 102: LIQUID OPER-9/6/2005 PlMCO 9/6/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 9/8/2005 1.0000 -579, 172.460 -579, 172.46 579,172.46 0.00 996085247OCSF07522202: LONG TERM 9/8/2005 OPER-PIMCO 9/8/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 9/12/2005 1.0000 -96,029.330 -96,029.33 96,029.33 0.00 996085247OCSF0751 l 102: LIQUID OPER-9/12/2005 PIMCO 9/12/2005 Workbench ·• Actual Settle Date 29 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price Net Gain/Loss I Tran Settle Date Base Price Cost Amount Type Description Reported Date Base Ex Rate Shares/Par Base Base Base s DREYFUS TREASURY CASH MGMTSEC ID: 9/16/2005 1.0000 -107,372.210 -107,372.21 107,372.21 0.00 996085247OCSF0751 l 102: LIQUID OPER-9/16/2005 PIMCO 9/16/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 9/20/2005 1.0000 -11, 797,856.670 -11,797,856.67 11,797,856.67 0.00 996085247OCSF0751 l 102: LIQUID OPER-9/20/2005 PIMCO 9/20/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 9/21/2005 1.0000 -4,903,246.330 -4,903,246.33 4,903,246.33 . 0.00 996085247OCSF07522202: LONG TERM 9/21/2005 OPER-PIMCO 9/21/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 9/22/2005 1.0000 -479,723.640 -479,723.64 479,723.64 0.00 996085247OCSF07522202: LONG TERM 9/22/2005 OPER-PIMCO 9/22/2005 s DREYFUS TREASURY CASH MGMTSEC ID: 9/22/2005 1.0000 -395,386.460 -395,386.46 395,386.46 0.00 996085247OCSF07511102: LIQUID OPER-9/22/2005 PIMCO 9/22/2005 s DREYFUS TREASURY CASH MGMTSEC JD: 9/28/2005 1.0000 -1,532,736.480 -1,532,736.48 1,532,736.48 0.00 99608524 7OCSF07522202: LONG TERM 9/28/2005 OPER-PIMCO 9/28/2005 s DREYFUS TREASURY CASH MGMTSEC JD: 9/29/2005 1.0000 -97,819.390 -97,819.39 97,819.39 0.00 99608524 7OCSF0751 l 102: LIQUID OPER-9/29/2005 PIMCO 9/29/2005 s DREYFUS TREASURY CASH MGMTSEC JD: 9/29/2005 1.0000 -100, 159. 760 -100,159.76 100,159.76 0.00 996085247OCSF07522202: LONG TERM 9/29/2005 OP ER-PIM CO 9/29/2005 Workbench ·• Actual Settle Date 30 OCSD-CONSOLIDATED -OCSGOOOlOOOO Transaction Detail Reported by Transaction Category 9/1/2005-9/30/2005 lTran Type Description Trade Date Settle Date Reported Date s s s DREYFUS TREASURY CASH MGMTSEC ID: 99608524 7OCSF0751 l 102: LIQUID OPER- PIMCO DREYFUS TREASURY CASH MGMTSEC ID: 996085247OCSF07522202: LONG TERM OPER-PIMCO BSDT-LATE MONEY DEPOSIT ACCTSEC ID: 996087094OCSF07522202: LONG TERM OPER-PIMCO 9/30/2005 9/30/2005 9/30/2005 9/30/2005 9/30/2005 9/30/2005 9/26/2005 9/26/2005 9/26/2005 Local Price Base Price Base Ex Rate 1.0000 1.0000 1.0000 Shares/Par -3,218.270 -279,043.970 -12,797.280 Cost Base -3,218.27 -279,043. 97 -12,797.28 TOTAL CASH & CASH EQUIVALENTS U.S. DOLLAR: -304,414,339.010 -304,331,926.10 TOTAL CASH & CASH EQUIVALENTS BASE: s FIXED INCOME SECURITIES U.S. DOLLAR FNMA POOL #0357328 5.000% 01/01/2018 DD 0l/01/03SEC ID: 31376J4M8BROKER: MORGAN STANLEY & CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO IS FNMA POOL #0357328 5.000% 01/01/2018 DD 01/01/03SEC ID: 31376J4M8BROKER: MORGAN STANLEY & CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO s FNMA POOL #0357430 5.000% 09/01/2018 DD 09/01/03SEC ID: 31376KA71BROKER: MORGAN STANLEY & CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO ·' Actual Settle Date 8/26/2005 9/19/2005 9/1/2005 8/26/2005 9/19/2005 9/1/2005 8/26/2005 9/19/2005 9/1/2005 -304,414,339.010 -304,331,926.10 100.2266 -19,892.180 -20,488.96 100.2266 0.000 0.00 100.2266 -971,072.310 -981,996.87 31 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base 3,218.27 279,043.97 12,797.28 304,393,242.36 304,393,242.36 19,937.24 49.73 973,272.39 Net Gain/Loss Base 0.00 0.00 0.00 -0.12 -0.12 -551. 72 0.00 -8,724.48 Workbench Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000lO000 9/1/2005-9/30/2005 Status: FINAL --Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IS FNMA POOL #0357430 5.000% 8/26/2005 100.2266 0.000 0.00 2,427.68 0.00 09/01/2018 DD 09/01/03SEC ID: 9/19/2005 31376KA71BROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO s FNMA POOL #0555453 5.000% 8/26/2005 100.2266 -26,581.270 -26,921.85 26,641.49 -280.36 05/01/2018 DD 04/0l/03SEC ID: 9/19/2005 31385XBW6BROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO IS FNMA POOL #0555453 5.000% 8/26/2005 100.2266 0.000 0.00 66.45 0.00 05/01/2018 DD 04/0l/03SEC ID: 9/19/2005 31385XBW6BROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO s FNMA POOL #0685665 5.000% 8/26/2005 100.2266 -24, 132.330 -24,856.30 24,187.01 -669.29 02/01/2018 DD 02/01/03SEC ID: 9/19/2005 31400EW22BROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO IS FNMA POOL #0685665 5.000% 8/26/2005 100.2266 0 .000 0.00 60.33 0.00 02/01/2018 DD 02/01/03SEC JD: 9/19/2005 31400EW22BROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO s FNMA POOL #0697026 5.000% 8/26/2005 100.2266 -18,033.800 -18,574.83 18,074.65 -500.18 05/01/2018 DD 04/01/03SEC JD: 9/19/2005 31400TLF2BROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO IS FNMA POOL #0697026 5.000% 8/26/2005 100.2266 0.000 0.00 45.08 0.00 05/01/2018 DD 04/01/03SEC ID: 9/19/2005 31400TLF28ROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO s FNMA POOL #0709963 5.000% 8/26/2005 100.2266 -17,255.590 -17,476.69 17,294.68 -182.01 06/01/2018 DD 06/01/03SEC ID: 9/19/2005 31401JWY0BROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO Workbench ·• Actual Settle Date 32 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USO OCSD-CONSOLIDATED -OCSG000 10000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IS FNMA POOL #0709963 5.000% 8/26/2005 100.2266 0.000 0.00 43.14 0.00 06/01/2018 DD 06/01/03SEC ID: 9/19/2005 31401JWY0BROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO s FNMA POOL #0713344 5.000% 8/26/2005 100.2266 -11,771.520 -12, 124.65 11,798.19 -326.46 06/01/2018 DD 06/01/03SEC ID: 9/19/2005 31401NP52BROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO IS FNMA POOL #0713344 5.000% 8/26/2005 100.2266 0.000 0.00 29.43 . 0.00 06/01/2018 DD 06/0l/03SEC ID: 9/19/2005 31401NP52BROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO s FNMA POOL #0797160 5.000% 8/26/2005 100.2266 -949,386.060 -962,291. 78 951,537.02 -10,754.76 12/01/2019 DD 12/01/04SEC ID: 9/19/2005 31405RTR7BROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO IS FNMA POOL #0797160 5.000% 8/26/2005 100.2266 0.000 0.00 2,373.47 0.00 12/01/2019 DD 12/01/04SEC ID: 9/19/2005 31405RTR7BROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO s FNMA POOL #0823787 5.000% 8/26/2005 100.2266 -962, 173 .490 -961, 121.11 964,353.41 3,232.30 05/01/2020 DD 05/01/05SEC ID: 9/19/2005 31406YF47BROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OP ER-PIM CO IS FNMA POOL #0823787 5.000% 8/26/2005 100.2266 0.000 0.00 2,405.43 0.00 05/01/2020 DD 05/01/05SEC ID: 9/19/2005 31406YF47BROKER: MORGAN STANLEY & 9/1/2005 CO INC, NYOCSF07522202: LONG TERM OPER-PIMCO s US TREASURY NOTES 4.250% 08/15/2013 9/19/2005 100.4688 -2, 100,000.000 -2, 105,699.39 2,109,843.75 4,144.36 DD 08/ 15/03SEC ID : 91282881:-12BROKER: 9/20/2005 L~.BMAN GOVT SECS INC, NYOCSF07522202: 9/ 1912005 LONG TERM OPER-PIMCO Workbench ' Actual Settle Date 33 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base currency: usn OCSD-CONSOLIDATED-OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base --- IS US TREASURY NOTES 4.250% 08/15/2013 9/19/2005 100.4688 0.000 0.00 8,730.98 0.00 DD 08/15/03SS:C ID: 912828BH2BROKER: 9/20/2005 LEl·JMAN GOVT SECS INC, NYOCSF07522202: 9/ 19;2005 LONG TERM OPER-PIMCO S US TREASURY NOTES 3.375% 12/15/2008 9/21/2005 98.2188 -10,900,000.000 -10,644,845.28 10,705,843.75 60,998.47 DD 12/15/03SEC ID: 912828BT6BROKER: 9/22/2005 GOLDMAN SACHS & CO, NYOCSF07522202: 9/2l/2005 LONG TERM OPER-PIMCO IS USTREASURYNOTES3.375%12/15/2008 9/21/2005 98.2188 0.000 0.00 99,507.17 0.00 DD 12/ 15/03SEC ID: 9 12828BT6B~OKER: 9/22/2005 GOLDMAN SACHS & CO, NYOCSF0t522202: 9121;2005 l,ONG TERM OPER-PIMCO S US TREASURY NOTES 2.750% 06/30/2006 9/7/2005 99.2188 -9,500,000.000 -9,487,380.07 9,425,781.25 -61,598.82 DD 06/30/04SEC ID: 912828CM0B~OKER: 9/8/2005 GOLDMAN SACHS & CO, NYOCSF0t522202: 9/7/2005 LONG TERM OPER-PIMCO IS US TREASURY NOTES 2.750% 06/30/2006 9/7/2005 99.2188 0.000 0.00 49,694.29 0.00 DD 06/30/04SEC ID: 912828CM0B~OKER: 9/8/2005 GOLDMAN SACHS & CO, .NYOCSF0t522202: 91712005 LONG TERM OPER-PLMCO S U S TREASURY NOTES 2.750% 07/31/2006 9/14/2005 99.1250 -5,000,000.000 -5,010,604.84 4,956,250.00 -54,354.84 DD 07 /31/04SEC JD: 912828CQ1BR?KER: 9/15/2005 M.ERRfLL LYNCH PIERCE FENNER SMITH INC9;14/2005 NYOCSF07522202: LONG TERM OPER-PIMCO IS USTREASURYNOTES 2.750%07/31/2006 9/14/2005 99.1250 0.000 0.00 17,187.50 0.00 DD 0?:/31/04SEC ID: 912828CQIBROKER; 9/15/2005 MERRrLL LYNCH PIERCE FENNER SMITH INC NYOCSF07522202: LONG TERM OPER-PIMCO 9/ l 4/2oo5 S US TREASURY NOTES 2.750% 07/31/2006 9/20/2005 99.0625 -14,000,000.000 -13,927,531.83 13,868,750.00 -58,781.83 DD 07 / 31 / 04SEC ID: 9 l 2828CQ lBROKER: 9/21/2005 CREDIT SUISSE, NEW YORKOCSF07522202: 9/20/2005 LONG TERM OPER-PIMCO Wo1·kbench ' Actual Settle Date 34 Transaction Detail Report m: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000lO000 9/1/2005 -9/30/2005 Status: FINAL Tran Settle Date Base Price Cost Amount Net Gain/Loss l Trade Date Local Price Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IS US TREASURY NOTES 2.750% 07/31/2006 9/20/2005 99.0625 0.000 0.00 54,402.17 0.00 DD 07/31/045~0 m: 9J28'18CQ1BROKER: 9/21/2005 CREDIT SU ISSE, NEW YORKOCS.F07522202: 912012005 LONG TERM OPER-PIMCO S US TREASURY NOTES 3.500%, 12/15/2009 9/20/2005 97.8750 -13,920,000.000 -13,733,493.75 13,624,200.00 -109,293.75 DD 12/15/04SEC ID: 912828DE7BROKER: 9/21/2005 GOLDMAN SACHS & CO, NYOCSF07522202: 9 /20/2005 LONG TERM OPER-PIMCO IS US TREASURY NOTES 3.500% 12/15/2009 9/20/2005 97.8750 0.000 0.00 130,452.46 0.00 DD 12/15/04SEC ID: 912828DE7:_BROKER: 9/21/2005 GOLDMAN SACHS & CO, NYOCSE•07522202: 9 /20/2005 LONG TERM OP.ER-PIMC0 S US TREASURY NOTES 4.000% 03/15/2010 9/2/2005 100.7891 -15,000,000.000 -14,928,462.05 15,118,359.38 189,897.33 DD 03/ 15/05SEC .ID: 912'828DP2BROKER: 9/6/2005 BARCLAYS CAPITAL INC, NEW YORKOCSF07522202: !.,ONG TERM OPER-9 /2/2oo5 PIMCO IS US TREASURY NOTES 4.000% 03/15/2010 9/2/2005 100.7891 0.000 0.00 285,326.09 0.00 DD 03/15/05SEC ID: 912828DP2BROKER: 9/6/2005 BARCLAYS CAPITAL INC, NEW 2 2 YORKOCSF07522202: LONG TERM OPER-9/ / oo5 PIMCO S US TREASURY NOTES 4.000% 03/15/2010 9/6/2005 100.5069 -15,000,000.000 -15,001,166.59 15,076,030.80 74,864.21 DD 03/15/05SEC ID: 912828DP2BROKER: 9/21/2005 UBS SECURITIES LLC, 9/6/2005 STAMFORDOCSF07522202: LONG TERM OPER-PIMCO IS US TREASURY NOTES 4.000% 03/15/2010 9/6/2005 100.5069 0.000 0.00 9,944.75 0.00 DD 03/15/05SEC ID: 912828DP2BROKER: 9/21/2005 UBS SECURITIES LLC, 9/6/2005 STAMFORDOCSF07522202: LONG TERM OPER-PIMCO S US TREASURY NOTES 3.750% 03/31/2007 9/20/2005 99.6875 -11,200,000.000 -11,165,662.54 11,165,000.00 -662.54 DD 03/31/05SEC ID: 912828DQ0BROKER: 9/21/2005 CREDIT SUISSE, NEW YORKOCSF07522202: 9/20/2005 LONG TERM OPER-PIMCO Workbench • Actual Settle Date 35 OCSD-CONSOLIDATED -OCSG000l0000 Transaction Detail Reported by Transaction Category 9/1/2005 -9/30/2005 Tran Trade Date Settle Date Reported Date Type Description IS s IS s IS US TREASURY NOTES 3.750% 03/31/2007 DD 03/31/05SEC ID: 912828DQOBROKER: CREDIT SUISSE, NEW YORKOCSF07522202: LONG TERM OPER-PIMCO US TREASURY NOTE:S 3.500% 05/31/2007 DD 05/31/0SSEC I.D: 912828DW7BROKER: GOLDMAN SACHS & CO, NYOCSF07522202: LONG TERM OPER-PlMCO 9/20/2005 9/21/2005 9/20/2005 9/20/2005 9/21/2005 9/20/2005 US TREASURY NOTES 3.500% 05/31/2007 9/20/2005 DD 05/31/05SEC ID: 9128280W7BROKER: 9/21/2005 GOLDMAN SACHS & CO, NYOCSF07522202: 9/20/2005 LONG TERM OPER-P!MCO US TREASURY NOTES 3.625% 06/30/2007 DD 06/30/0SSEC ID: 912828DY3BROKER GOLDMAN SACHS & CO, NYOCSF07522202: LONG TERM OPER-PLMCO US TREASURY NOTES 3.625% 06/30/2007 DD 06/30/0SSEC ID : 9128280Y3BROKER: GOLD.MAN SACHS & CO, NYOCSF07522202: LONGTERM OPER-PIMCO 9/20/2005 9/21/2005 9/20/2005 9/20/2005 9/21/2005 9/20/2005 Local Price Base Price Base Ex Rate 99.6875 99.2188 99.2188 99.3750 99.3750 TOTAL FIXED INCOME SECURITIES U.S. DOLLAR: TOTAL FIXED INCOME SECURITIES BASE: PRINCIPAL PAYMENTS FIXED INCOME SECURITIES U.S. DOLLAR ' Actual Settle Date TOTAL SALES BASE: 36 Shares/Par 0.000 -11,000,000.000 0.000 -20,000,000.000 0.000 -130,620,298.550 -130,620,298.550 -435,034,637 .560 Cost Base 0.00 -10,902,179.20 0.00 -19,864,857.19 0.00 -129,797,735.77 -129,797,735.77 -434,129,661.87 ReportID: EWBA09 Base Currency: USD Status: FINAL Amount Base 199,672.13 10,914,062.50 118,866.12 19,875,000.00 163,519.02 130,991,020.93 130,991,020.93 435,384,263.29 Net Gain/Loss Base 0.00 11,883.30 0.00 10,142.81 0.00 48,481.74 48,481.74 48,481.62 Workbench Transaction Detail ReportlD: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL I Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base ----- PD WMP/HUNTOON PAIGE #000-11150 7.500% 9/1/2005 100.0000 -890.500 -871.16 890.50 19.34 12/01/2030 DD 10/21/99SEC ID: 9/1/2005 302998GE3OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/29/2005 * PDC FHLMC MULTICLASS MTG SER E3 A VAR RT 8/1/2005 100.0000 13,104.100 13,118.06 -13,104.10 13.96 08/15/2032 DD 12/01 /97SEC ID: 8/1/2005 3133TCE95OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/15/2005 * PD FHLMC MULTICLASS MTG SER E3 A VAR RT 8/1/2005 100.0000 -13,104.750 -13,118.71 13,104.75 -13.96 08/15/2032 DD 12/01/97SEC ID: 8/1/2005 3133TCE95OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/16/2005 * PD FHLMC MULTICLASS MTG SER E3 A VAR RT 9/1/2005 100.0000 -12.151.150 -12,164.09 12,151.15 -12.94 08/15/2032 DD 12/0J/97SEC ID: 9/1/2005 3133TCE95OCSF07522202i LONG TERM 9/1/2005 OP'SR-P!MCO PD FHLMC GROUP #78-6064 6.384% 9/1/2005 100.0000 -2,047.050 -1,997.15 2,047.05 49.90 01/01/2028 DD 12/01/97SEC ID: 9/1/2005 31348SWZ3OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO PD FNMA POOL #0254510 5.000% 9/1/2005 100.0000 -13,658.530 -14,068.29 13,658.53 -409.76 11/01/2017 DD 10/01/02SEC ID: 9/1/2005 31371KVB4OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0254631 5.000% 9/1/2005 100.0000 -2,479.450 -2,553.83 2,479.45 -74.38 02/01/2018 DD 01/01/03SEC ID: 9/1/2005 31371KY47OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0254760 5.000% 9/1/2005 100.0000 -2, 186.440 -2,252.03 2,186.44 -65.59 06/01/2018 DD 05/01/03SEC ID: 9/1/2005 31371K5V9OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * Workbench ·, Actual Settle Date 37 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000lO000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price lf t Settle Date Base Price Cost Amount Net Gain/Loss pe Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0254866 5.000% 9/1/2005 100.0000 -1,064.990 -1,096.94 1,064.99 -31.95 09/01/2018 DD 08/01/03SEC ID: 9/1/2005 31371LCB3OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0254907 5.000% 9/1/2005 100.0000 -8,164.160 -8, 164.16 8,164.16 0 .00 10/01/2018 DD 09/01/03SEC ID: 9/1/2005 31371LDL0OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0254953 5.000% 9/1/2005 100.0000 -5, 742.450 -5,816.03 5,742.45 -73.58 11/01/2018 DD 10/0l/03SEC ID: 9/1/2005 31371LE210CSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0254987 5.000% 9/1/2005 100.0000 -11,695.010 -11,844.85 11,695.01 -149.84 12/01/2018 DD 11/01/03SEC ID: 9/1/2005 31371LF46OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0323980 6.000% 9/1/2005 100.0000 -3,059.130 -3,193.92 3,059.13 -134.79 04/01/2014 DD 09/0l/99SEC ID: 9/1/2005 31374T2M0OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0357328 5.000% 9/1/2005 100.0000 -322.160 -331.82 322.16 -9.66 01/01/2018 DD 01/01/03SEC ID: 9/1/2005 31376J4M8OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0357430 5.000% 9/1/2005 100.0000 -26,487.270 -26,785.25 26,487.27 -297.98 09/01/2018 DD 09/0l/03SEC ID: 9/1/2005 31376KA710CSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0456482 6.000% 9/1/2005 100.0000 -1,265. 750 -1,321.52 1,265.75 -55.77 02/01/2014 DD 02/01/99SEC ID: 9/1/2005 31381CCT2OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * Workbench ., Actual Settle Date 38 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0509649 6.000% 9/1/2005 100.0000 -815.650 -851.59 815.65 -35.94 09/01/2014 DD 09/0l/99SEC ID: 9/1/2005 31383QEW0OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0535451 6.000% 9/1/2005 100.0000 -2,534.290 -2,645.96 2,534.29 -111.67 06/01/2015 DD 07/01/00SEC ID: 9/1/2005 31384VZQ8OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0555363 5.000% 9/1/2005 100.0000 -5,717.340 -5,888.86 5,717.34 -171.52 04/01/2018 DD 03/01/03SEC ID: 9/1/2005 31385W5YlOCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0555453 5.000% 9/1/2005 100.0000 -601.250 -608.95 601.25 -7.70 05/01/2018 DD 04/01/03SEC ID: 9/1/2005 31385XBW6OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0555545 5.000% 9/1/2005 100.0000 -5,016.020 -5, 166.50 5,016.02 -150.48 06/01/2018 DD 05/01/03SEC ID: 9/1/2005 31385XES2OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0555621 5.000% 9/1/2005 100.0000 -14,721.870 -14,887.49 14,721.87 -165.62 07/01/2018 DD 06/01/03SEC ID: 9/1/2005 31385XG68OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0681309 5.000% 9/1/2005 100.0000 -6,922.370 -7,130.04 6,922.37 -207.67 02/01/2018 DD 02/01/03SEC ID: 9/1/2005 31391Y3S4OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0681334 5.000% 9/1/2005 100.0000 -932.850 -960.84 932.85 -27.99 02/01/2018 DD 01/01/03SEC ID: 9/1/2005 31391Y4T1OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 ~ Workbench -, Actual Settle Date 39 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED · OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL --Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0684798 5.500% 9/1/2005 100.0000 -12,344.930 -12,334.32 12,344.93 10.61 03/01/2033 DD 03/01/03SEC ID: 9/1/2005 31400DX31OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0684908 5.000% 9/1/2005 100.0000 -8,723.500 -8,835.27 8,723.50 -111. 77 06/01/2018 DD 05/01/03SEC ID: 9/1/2005 31400D3RlOCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0685200 5.000% 9/1/2005 100.0000 -4,412.950 -4,469.49 4,412.95 -56.54 03/01/2018 DD 03/01/03SEC ID: 9/1/2005 31400EGH7OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0685665 5.000% 9/1/2005 100.0000 -643.950 -663.27 643.95 -19.32 02/01/2018 DD 02/01/03SEC ID: 9/1/2005 31400EW22OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0686318 5.000% 9/1/2005 100.0000 -4,930.280 -5,078.19 4,930.28 -147.91 03/01/2018 DD 03/01/03SEC ID: 9/1/2005 31400FPB7OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0688739 5.000% 9/1/2005 100.0000 -511.880 -527.24 511.88 -15.36 06/01/2018 DD 06/01/03SEC ID: 9/1/2005 31400JEL9OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0689859 5.000% 9/1/2005 100.0000 -405.130 -410.32 405.13 -5.19 05/01/2018 DD 05/01/03SEC ID: 9/1/2005 31400KMG8OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 • PD FNMA POOL #0693834 5.000% 9/1/2005 100.0000 -11,809.060 -12,163.33 11,809.06 -354.27 03/01/2018 DD 03/01/03SEC ID: 9/1/2005 31400PY74OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * Workbench ., Actual Settle Date 40 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0695852 5.000% 9/1/2005 100.0000 -3,876.460 -3,992.75 3,876.46 -116.29 05/01/2018 DD 05/01/03SEC ID: 9/1/2005 31400SBV0OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 • PD FNMA POOL #0695889 5.000% 9/1/2005 100.0000 -8,405.730 -8,657.90 8,405.73 -252.17 05/01/2018 DD 05/01/03SEC ID: 9/1/2005 31400SC23OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0697026 5.000% 9/1/2005 100.0000 -426.010 -438.79 426.01 -12.78 05/01/2018 DD 04/01/03SEC ID: 9/1/2005 31400TLF2OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0702210 5.000% 9/1/2005 100.0000 -4, 180.140 -4,305.54 4,180.14 -125.40 05/01/2018 DD 05/01/03SEC ID: 9/1/2005 31401ADP9OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0702328 5.000% 9/1/2005 100.0000 -2,072.710 -2,099.27 2,072.71 -26.56 05/01/2018 DD 04/01/03SEC ID: 9/1/2005 31401AHD2OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0709148 5.000% 9/1/2005 100.0000 -3,685.250 -3,795.81 3,685.25 -110.56 06/01/2018 DD 06/01/03SEC ID: 9/1/2005 31401HZM7OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0709360 5.000% 9/1/2005 100.0000 -25,504. 790 -25,831.57 25,504.79 -326.78 07/01/2018 DD 06/01/03SEC ID: 9/1/2005 31401JB56OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0709826 5.000% 9/1/2005 100.0000 -1,880.920 -1,905.02 1,880.92 -24.10 06/01/2018 DD 06/01/03SEC ID: 9/1/2005 31401JSP4OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * Workbench ·> Actual Settle Date 41 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000 10000 9/1/2005-9/30/2005 Status: FINAL ---- Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0709917 5.000% 9/1/2005 100.0000 -2,463.100 -2,494.66 2,463.10 -31.56 06/01/2018 DD 06/01/03SEC ID: 9/1/2005 31401JVJ4OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0709963 5.000% 9/1/2005 100.0000 -83.740 -84.81 83.74 -1.07 06/01/2018 DD 06/01/03SEC ID: 9/1/2005 31401JWY0OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0710235 5.000% 9/1/2005 100.0000 -15,145.700 -15,600.07 15,145.70 -454.37 06/01/2018 DD 06/0l/03SEC ID: 9/1/2005 31401KBC8OCSF07522202: LONG TERM 9/1/2005 OPER-PJMCO 9/26/2005 * PD FNMA POOL #0713344 5.000% 9/1/2005 100.0000 -526.530 -542.33 526.53 -15.80 06/01/2018 DD 06/01/03SEC ID: 9/1/2005 31401NP52OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0713365 5.000% 9/1/2005 100.0000 -4,084.540 -4,136.87 4,084.54 -52.33 07/01/2018 DD 07/01/03SEC ID: 9/1/2005 31401NQS10CSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0720319 5.000% 9/1/2005 100.0000 -14,951.260 -15,142.82 14,951.26 -191.56 07/01/2018 DD 07/01/03SEC ID: 9/1/2005 31401WG45OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0720369 5.000% 9/1/2005 100.0000 -38,946.940 -40,115.35 38,946.94 -1,168.41 06/01/2018 DD 06/01/03SEC ID: 9/1/2005 31401WJN0OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 • PD FNMA POOL #0721629 5.000% 9/1/2005 100.0000 -7,636.780 -7,865.88 7,636.78 -229.10 07/01/2018 DD 06/01/03SEC ID: 9/1/2005 31401XVW4OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * Workbench ·> Actual Settle Date 42 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price ~ran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0723487 5.000% 9/1/2005 100.0000 -857.120 -866.76 857.12 -9.64 06/01/2018 DD 06/01/03SEC ID: 9/1/2005 31402AXQ4OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0725530 5.000% 9/1/2005 100.0000 -48,591.490 -49,252.03 48,591.49 -660.54 06/01/2019 DD 05/01/04SEC ID: 9/1/2005 31402DA75OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0729601 5.000% 9/1/2005 100.0000 -11,077.360 -11,219.29 11,077.36 -141. 93 07/01/2018 DD 07/01/03SEC ID: 9/1/2005 31402HRW3OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0732873 5.000% 9/1/2005 100.0000 -211.700 -214.41 211. 70 -2.71 11/01/2018 DD 10/01/03SEC ID: 9/1/2005 31402MFN5OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0735227 5.500% 9/1/2005 100.0000 -19,552.080 -19,717.05 19,552.08 -164.97 02/01/2035 DD 01/01/05SEC ID: 9/1/2005 31402QYY10CSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0735856 5.000% 9/1/2005 100.0000 -3,144.800 -3,175.27 3,144.80 -30.4 7 08/01/2020 DD 08/01/05SEC ID: 9/1/2005 31402RQH5OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0737130 5.000% 9/1/2005 100.0000 -2,698.030 -2,732.60 2,698.03 -34.57 10/01/2018 DD 10/01/03SEC ID: 9/1/2005 3140284P9OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0738211 5.000% 9/1/2005 100.0000 -8,627.600 -8,738.14 8,627.60 -110.54 10/01/2018 DD 10/01/03SEC ID: 9/1/2005 31402UDQ2OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * Workbench ··• Actual Settle Date 43 Transaction Detail ReportlD: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000lO000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0738487 5.000% 9/1/2005 100.0000 -2,823.460 -2,859.64 2,823.46 -36.18 10/01/2018 DD 10/01/03SEC ID: 9/1/2005 31402UNC2OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0740457 5.000% 9/1/2005 100.0000 -25,514.710 -25,861.55 25,514.71 -346.84 10/01/2018 DD 10/01/03SEC ID: 9/1/2005 31402WTN8OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0740471 5.000% 9/1/2005 100.0000 -2,979.020 -3,017.19 2,979.02 -38.17 10/01/2018 DD 10/01/03SEC ID: 9/1/2005 31402WT40OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0740748 5.000% 9/1/2005 100.0000 -18,868.240 -19,109.99 18,868.24 -241. 75 10/01/2018 DD 11/01/03SEC ID: 9/1/2005 31402W5H7OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 • PD FNMA POOL #0743868 5.000% 9/1/2005 100.0000 -871.500 -882.67 871.50 -11.17 11/01/2018 DD 10/01/03SEC ID: 9/1/2005 31403BMR1OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 • PD FNMA POOL #0744008 5.000% 9/1/2005 100.0000 -4,267.950 -4,322.63 4,267.95 -54.68 07/01/2018 DD 09/01/03SEC ID: 9/1/2005 31403BR54OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 • PD FNMA POOL #0744316 5.000% 9/1/2005 100.0000 -3,560.550 -3,606.17 3,560.55 -45.62 09/01/2018 DD 09/0l/03SEC ID: 9/1/2005 31403B3Z4OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 • PD FNMA POOL #0747914 5.000% 9/1/2005 100.0000 -10,105.090 -10,234.56 10,105.09 -129.47 11/01/2018 DD ll/01/03SEC ID: 9/1/2005 31403F3XOOCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * Workbench • Actual Settle Date 44 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGOOO 10000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0748400 5.000% 9/1/2005 100.0000 -3,100.600 -3, 140.33 3,100.60 -39.73 08/01/2018 DD 09/01/03SEC ID: 9/1/2005 31403GNR9OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 • PD FNMA POOL #0748899 5.000% 9/1/2005 100.0000 -26,948.500 -27,293.78 26,948.50 -345.28 12/01/2018 DD 11/01/03SEC ID: 9/1/2005 31403G7LOOCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0750377 5.000% 9/1/2005 100.0000 -37,604.280 -38,086.08 37,604.28 -481.80 11/01/2018 DD 11/01/03SEC ID: 9/1/2005 3 l 403JUA2OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005" PD FNMA POOL #0750380 5.000% 9/1/2005 100.0000 -21,360.100 -21,633.78 21,360.10 -273.68 11/01/2018 DD 11/01/03SEC ID: 9/1/2005 31403JUD6OCSF07522202: LONG TERM 9/1/2005 OPER-PJMCO 9/26/2005 • PD FNMA POOL #0750445 5.000% 9/1/2005 100.0000 -619.990 -627.93 619.99 -7.94 11/01/2018 DD 11/01/03SEC ID: 9/1/2005 31403JWE2OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0751960 5.000% 9/1/2005 100.0000 -4,125.730 -4, 178.59 4,125.73 -52.86 12/01/2018 DD 11/01/03SEC ID: 9 /1/2005 31403LMH10CSF07522202: LONG TERM 9 /1/2005 OPER-PIMCO 9 /26/2005 * PD FNMA POOL #0753425 5.000% 9/1/2005 100.0000 -8,428.980 -8,526.44 8,428.98 -97.46 11/01/2018 DD ll/01/03SEC ID: 9/1/2005 31403NA23OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0755165 5.000% 9/1/2005 100.0000 -15,511.420 -15,710.16 15,511.42 -198.74 12/01/2018 DD 11/01/03SEC ID: 9/1/2005 31403Q6A3OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * Workbench • Actu al Settle Date 45 Transaction Detail Report ID: EWBA09 I OCSD-CONSOLIDATED -OCSG000 10000 Reported by Transaction Category Base Currency: USD 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss I Type Description Reported Date Base Ex Rate Shares/Par Base Base Base --- PD FNMA POOL #0756372 5.000% 9/1/2005 100.0000 -4, 132.290 -4,180.07 4,132.29 -47.78 11/01/2018 DD 11/01/03SEC ID: 9/1/2005 31403SJR8OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0784251 5.000% 9/1/2005 100.0000 -129,147.340 -130,902.94 129,147.34 -1,755.60 11/01/2019 DD 11/01/04SEC ID: 9/1/2005 31405BH46OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0789670 5.000% 9/1/2005 100.0000 -18,535.110 -18, 787.07 18,535.11 -251.96 12/01/2019 DD 12/01/04SEC ID: 9/1/2005 31405HJP4OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0792432 5.000% 9/1/2005 100.0000 -11,214.020 -11,366.46 11,214.02 -152.44 10/01/2019 DD 10/01/04SEC ID: 9/1/2005 31405LLM9OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0792437 5.000% 9/1/2005 100.0000 -172,439.800 -172,439.80 172,439.80 0.00 10/01/2019 DD 10/01/04SEC ID: 9/1/2005 31405LLS6OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0794195 5.000% 9/1/2005 100.0000 -39,298.910 -39,833.13 39,298.91 -534.22 11/01/2019 DD 11/01/04SEC ID: 9/1/2005 31405NKG9OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0797160 5.000% 9/1/2005 100.0000 -264,012.690 -267,601.61 264,012.69 -3,588.92 12/01/2019 DD 12/01/04SEC ID: 9/1/2005 31405RTR7OCSF07522202: LONG TERM 9/1/2005 OP ER-PIM CO 9/26/2005 * PD FNMA POOL #0797408 5.000% 9/1/2005 100.0000 -3,026.730 -3,067.87 3,026.73 -41.14 12/01/2019 DD 12/01/04SEC ID: 9/1/2005 31405R3R5OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * Workbench • Actual Settle Date 46 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0797414 5.000% 9/1/2005 100.0000 -3,611.270 -3,660.36 3,611.27 -49.09 12/01/2019 DD 12/01/04SEC ID: 9/1/2005 31405R3X2OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0800370 5.000% 9/1/2005 100.0000 -1,510.950 -1,509.30 1,510.95 1.65 12/01/2019 DD 11/01/04SEC ID: 9/1/2005 31405VFK8OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0800998 5.500% 9/1/2005 100.0000 -332.430 -332.14 332.43 0.29 11/01/2034 DD 11/01/04SEC ID: 9/1/2005 31405V3F2OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0803923 5.000% 9/1/2005 100.0000 -13,006.520 -13, 183.33 13,006.52 -176.81 12/01/2019 DD 12/01/04SEC ID: 9/1/2005 31406AD410CSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0807711 5.000% 9/1/2005 100.0000 -79,445. 900 -80,525.87 79,445.90 -1,079.97 01/01/2020 DD 01/01/05SEC ID: 9/1/2005 31406EKY9OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0808933 5.500% 9/1/2005 100.0000 -341.950 -341.66 341.95 0.29 01/01/2035 DD 01/01/05SEC ID: 9/1/2005 31406FV24OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0809350 5.500% 9/1/2005 100.0000 -3,612.140 -3,609.04 3,612.14 3.10 12/01/2034 DD 0l/01/05SEC ID: 9/1/2005 31406GEX3OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0814930 5.500% 9/1/2005 100.0000 -391.490 -391.15 391.49 0.34 04/01/2035 DD 04/01/05SEC ID: 9/1/2005 31406NLK8OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * Workbench ·, Actual Settle Date 47 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price lli"n Settle Date Base Price Cost Amount Net Gain/Loss ype Description Reported Date Base Ex Rate Shares/Par Base Base Base PD FNMA POOL #0815923 5.500% 9/1/2005 100.0000 -371.370 -371.05 371.37 0.32 03/01/2035 DD 03/01/05SEC ID: 9/1/2005 31406PPG8OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0816246 5.000% 9/1/2005 100.0000 -8,132.490 -8,123.60 8,132.49 8.89 03/01/2020 DD 03/01/05SEC ID: 9/1/2005 31406PZK8OCSF07522202: LONG TERM 9/1/2005 OP ER-PIM CO 9/26/2005 * PD FNMA POOL #0819566 5.500% 9/1/2005 100.0000 -5,540.940 -5,536.18 5,540.94 4.76 04/01/2035 DD 04/0l/05SEC ID: 9/1/2005 31406TQT1OCSF07522202: LONG TERM 9/1/2005 OPER-PJMCO 9/26/2005 * PD FNMA POOL #0822731 5.500% 9/1/2005 100.0000 -6,672.050 -6,666.32 6,672.05 5.73 05/01/2035 DD 05/0l/05SEC ID: 9/1/2005 31406XA85OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0823232 5.500% 9/1/2005 100.0000 -375.490 -375.17 375.49 0.32 06/01/2035 DD 05/0l/05SEC ID: 9/1/2005 31406XSV5OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD FNMA POOL #0823787 5.000% 9/1/2005 100.0000 -7,678.570 -7,670.17 7,678.57 8.40 05/01/2020 DD 05/0l/05SEC ID: 9/1/2005 31406YF47OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/26/2005 * PD GNMA POOL #0421389 6.500% 9/1/2005 100.0000 -22.770 -23.90 22.77 -1.13 04/15/2026 DD 04/01/96SEC ID: 9/1/2005 36206UC23OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/15/2005 * PD GNMA POOL #0449851 6.500% 9/1/2005 100.0000 -26.770 -28.10 26.77 -1.33 01/15/2028 DD 0l/0l/98SEC ID: 9/1/2005 36208FWL0OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/15/2005 * Wo,-kbencli • Actual Settle Date 48 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USO OCSD-CONSOLIDATED • OCSG000 10000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price I Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD GNMA POOL #0466845 6.500% 9/1/2005 100.0000 -49.270 -51.71 49.27 -2.44 06/15/2028 DD 06/01/98SEC ID: 9/1/2005 36209BTA6OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/15/2005 * PD GNMA POOL #0468052 6.500% 9/1/2005 100.0000 -117.030 -122.83 117.03 -5.80 07/15/2028 DD 07/01/98SEC ID: 9/1/2005 36209C5M4OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/15/2005 * PD GNMA POOL #0476041 6.500% 9/1/2005 100.0000 -4,385.560 -4,595.93 4,385.56 -210.37 06/15/2028 DD 06/0l/98SEC ID: 9/1/2005 36209MZE7OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/15/2005 * PD GNMA POOL #0478626 6.500% 9/1/2005 100.0000 -189.230 -198.31 189.23 -9.08 01/15/2029 DD 01/01/99SEC ID: 9/1/2005 36209QVT9OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/15/2005 * PD GNMA POOL #0480598 6.500% 9/1/2005 100.0000 -41.110 -43.08 41.11 -1.97 10/15/2028 DD 10/01/98SEC ID: 9/1/2005 3620983F6OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/15/2005 * PD GNMA POOL #0512235 6.500% 9/1/2005 100.0000 -8.340 -8.75 8.34 -0.41 11/15/2029 DD 11/01/99SEC ID: 9/1/2005 36211GBC60CSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9 / 15;2005 • PD GNMA POOL #0514326 6.500% 9/1/2005 100.0000 -197.880 -207.37 197.88 -9.49 07/15/2029 DD 07 /01/99SEC ID: 9/1/2005 362 l 1JLF2OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/15/2005 * PD GNMA II POOL #0080023 VAR RT 12/20/20269/1/2005 100.0000 -8, 164.590 -8,299.82 8,164.59 -135.23 DD 12/0 li96SEC ID: 9/1/2005 36225CAZ9OCSF07522202: LONG TERM 9/1/2005 OPER-PlMCO 9/20/2005 * Workbench ·.• Actual Settle Date 49 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USO OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL I Trade Date Local Price Net Gain/Loss I Tran Settle Date Base Price Cost Amount Type Description Reported Date Base Ex Rate Shares/Par Base Base Base PD GNMA 11 POOL #080088M 7.375% 9/1/2005 100.0000 -336.250 -343.61 336.25 -7.36 06/20/2027 DD 06/0l/97SEC ID: 9/1/2005 36225CC20OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/20/2005 * PD GNMA II POOL #0080395 VAR RT 9/1/2005 100.0000 -6,459.400 -6,400.86 6,459.40 58.54 04/20/2030 DD 04/01/00SEC ID: 9/1/2005 36225CNM4OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/20/2005 * PD GNMA II POOL #080408X VAR RT 9/1/2005 100.0000 -62,003.4 70 -61,373.75 62,003.47 629.72 05/20/2030 DD 05/01/00SEC ID: 9/1/2005 36225CN28OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/20/2005 * PD GNMA II POOL #0080965 VAR RT 9/1/2005 100.0000 -37,393.080 -37,369.71 37,393.08 23.37 07/20/2034 DD 07/01/04SEC ID: 9/1/2005 36225DCB8OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO 9/20/2005 * PD GNMA GTD REMIC TR 2000-9 FH VAR RT 9/16/2005 100.0000 -11,422.520 -11,422.52 11,422.52 0.00 02/ 16/2030SEC ID: 9/16/2005 3837H4NX9OCSF07522202: LONG TERM 9/16/2005 OPER-PIMCO PD RESIDENTIAL ASSET 03-RSll AIIB VAR RT 9/25/2005 100.0000 -22,595.550 -22,595.55 22,595.55 0.00 12/25/2033 DD 12/30/03SEC ID: 9/25/2005 760985K83OCSF07522202: LONG TERM 9/25/2005 OPER-PIMCO 9/28/2005 * PD SBA GTD DEV PARTN 2001-20C 1 6.340% 9/1/2005 100.0000 -276,215.980 -276,215.98 276,215.98 0.00 03/01/2021SEC ID: 9/1/2005 83162CW0OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO TOTAL FIXED INCOME SECURITIES U.S. DOLLAR: -1, 790,038.160 -1,806,875.90 1,790,038.16 -16,837.74 Wor·kbench -' Actual Settle Date 50 OCSD-CONSOLIDATED • OCSG000l0000 Tran Type Description Transaction Detail Reported by Transaction Category 9/1/2005-9/30/2005 Trade Date Settle Date Reported Date Local Price Base Price Base Ex Rate Shares/Par Cost Base TOTAL FIXED INCOME SECURITIES BASE: -1,790,038.160 -1,806,875.90 TOTAL PRINCIPAL PAYMENTS BASE: MATURITIES CASH & CASH EQUIVALENTS U.S. DOLLAR MT MT MT MT MT MT DU PONT DE NEMOUR DISC 09/ 16/2005SEC 9/16/2005 ID: 26354AWG5OCSF07511102: LIQUID 9/16/2005 OPER-PJMCO 9/16/2005 DU PONT DE NEMOUR DISC 09/28/2005SEC 9/28/2005 ID: 26354AWU4OCSF0751 l 102: LIQUID OPER-PIMCO 9/28/2005 9/28/2005 DU PONT DE NEMOUR DISC 09/29/2005SEC 9/29/2005 ID: 26354AWV2OCSF0751 l 102: LIQUID 9/29/2005 OPER-PIMCO 9/29/2005 FEDERAL HOME LN BK CONS DISC MAT 09/06/2005SEC ID: 313385W3OCSF075 l l 102: LIQUID OPER- PJMCO FEDERAL HOME LN BK CONS DISC N MAT 09 /07 /2005SEC ID: 313385LK0OCSF0751 l 102: LIQUID OPER- PIMCO 9/6/2005 9/6/2005 9/6/2005 9/7/2005 9/7/2005 9/7/2005 FEDERAL HOME LN BK CONS DISC MAT 9/8/2005 9/8/200SSEC ID: 313385LL8OCSF07511102: 9/8/2005 LIQUID OPER-PIMCO 9/8/2005 '' Actual Settle Date -1,790,038.160 -1,806,875.90 100.0000 -1,000,000.000 -998,646.67 100.0000 -1,900,000.000 -1,890,525.33 100.0000 -1,000,000.000 -998,671.11 100.0000 -4, 100,000.000 -4,098,460.22 100.0000 -4, 100,000.000 -4,099,612.78 100.0000 -1,300,000.000 -1,299,877.94 51 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base 1,790,038.16 1,790,038.16 998,646.67 1,890,525.33 998,671.11 4,098,460.22 4,099,612.78 1,299,877.94 Net Gain/Loss Base -16,837.74 -16,837.74 0.00 0.00 0.00 0.00 0.00 0.00 Workbench Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000lO000 9/1/2005-9/30/2005 Status: FINAL I Trade Date Local Price Net Gain/Loss I Tran Settle Date Base Price Cost Amount Type Description Reported Date Base Ex Rate Shares/Par Base Base Base MT Ii'EDER1\L HOMEJ LN BK CONS DISC MAT 9/9/2005 100.0000 -2,300,000.000 -2,281,279.28 2,281,279.28 0.00 9/9/2005SEC ID: 3 ]3385LM6OCSF07511102:9/9/2005 LI QUID OPER-PLMCO 9/9/2005 MT FEDERAL HOME LN BK CONS DISC N MAT 9/12/2005 100.0000 -3,800,000.000 -3,798,929.67 3,798,929.67 0.00 09/ 12/2005SEC ID: 9/12/2005 313385LQ7OCSF07511102: LIQUID OPER-9/12/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC MAT 9/13/2005 100.0000 -6,500,000.000 -6,499,382.50 6,499,382.50 0.00 09/ 13/2005SEC ID: 9/13/2005 313385LR50CSF07511102: LIQUID OPER-9/13/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC N MAT 9/15/2005 100.0000 -2,800,000.000 -2,799,735.56 2,799,735.56 0.00 09/ 15/2005SEC ID: 9/15/2005 313385LT1OCSF07511102: LIQUID OPER-9/15/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC BOND 9/16/2005 100.0000 -6,500,000.000 -6,499,353.61 6,499,353.61 0.00 MATURITYSEC ID: 9/16/2005 313385LU8OCSF0751 l 102: LIQUID OPER-9/16/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC N MAT 9/19/2005 100.0000 -6,500,000.000 -6,498,087.92 6,498,087.92 0.00 09 / 19 / 2005SEC ID: 9/19/2005 313385LX2OCSF07511102: LIQUID OPER-9/19/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC N MAT 9/20/2005 100.0000 -6,500,000.000 -6,499,359.03 6,499,359.03 0 .00 09/20/2005SEC ID: 9/20/2005 313385LY0OCSF07511102: LIQUID OPER-9/20/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC N MAT 9/21/2005 100.0000 -6,500,000.000 -6,499,368.06 6,499,368.06 0.00 09/21/2005SEC ID: 9/21/2005 3 13385LZ7OCSF07511102: LIQUID OPER-9/21/2005 PIMCO Workbench ·> Actual Settle Date 52 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED-OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base MT FEDERAL HOME LN BK CONS DISC N MAT 9/22/2005 100.0000 -6,500,000.000 -6,499,350.00 6,499,350.00 0.00 09/22/2005SEC ID: 9/22/2005 313385MA10CSF0751 l 102: LIQUID OPER-9/22/2005 PIMCO MT FEDERAL HOME LN BK CONS SYSTEM MAT 9/23/2005 100.0000 -6,500,000.000 -6,499,373.47 6,499,373.47 0.00 09/23/2005SEC ID: 9/23/2005 313385M89OCSF07511102: LIQUID OPER-9/23/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC N MAT 9/26/2005 100.0000 -6,500,000.000 -6,498,060.83 6,498,060.83 0.00 09/26/2005SEC ID: 9/26/2005 313385ME3OCSF0751 l 102: LIQUID OPER-9/26/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC MAT 9/27/2005 100.0000 -6,500,000.000 -6,499,350.00 6,499,350.00 0.00 09/27 /2005SEC ID: 9/27/2005 313385MF0OCSF075 l 1102: LIQUID OPER-9/27/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC MAT 9/28/2005 100.0000 -6,500,000.000 -6,499,346.39 6,499,346.39 0.00 09/28/2005SEC JD: 9/28/2005 313385MG8OCSF0751 l 102: LIQUID OPER-9/28/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC N MAT 9/29/2005 100.0000 -6,500,000.000 -6,499,350.00 6,499,350.00 0.00 09/29/2005SEC JD: 9/29/2005 313385MH6OCSF0751 l 102: LIQUID OPER-9/29/2005 PIMCO MT FEDERAL HOME LN BK CONS DISC MAT 9/30/2005 100.0000 -6, 700,000.000 -6,699,330.00 6,699,330.00 0.00 09/30/2005SEC JD: 9/30/2005 313385MJ2OCSF0751 l 102: LIQUID OPER-9/30/2005 PIMCO MT FEDERAL HOME LN MTG CORP DISC MAT 9/6/2005 100.0000 -2,600,000.000 -2,593,641.91 2,593,641.91 0.00 09/06/2005SEC ID: 9/6/2005 313397W8OCSF07511102: LIQUID OPER-9/6/2005 PIMCO Wo,·kbench ·k Actual Settle Date 53 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Net Gain/Loss ·1 Tran Settle Date Base Price Cost Amount Type Description Reported Date Base Ex Rate Shares/Par Base Base Base MT FEDERAL HOME LN MTG CORP DISC 9/13/2005 100.0000 -2,000,000.000 -1,983,569.44 1,983,569.44 0.00 0.000% 09/13/2005 DD 09/ 13/04SEC ID: 9/13/2005 313397LR0OCSF075 l 1102: LIQUID OPER-9/13/2005 PIMCO MT FEDERAL HOME LN MTG CORP DISC MAT 9/16/2005 100.0000 -3,800,000.000 -3,799,622.11 3,799,622.11 0.00 09/ 16/2005SEC ID: 9/16/2005 313397LU3OCSF0751 l 102: LIQUID OPER-9/16/2005 PIMCO MT FEDERAL HOME LN MTG CORP DISC MAT 9/19/2005 100.0000 -3,800,000.000 -3, 798,882.17 3,798,882.17 0.00 09 / 19 /2005SEC ID: 9/19/2005 313397LX7OCSF075 l l 102: LIQUID OPER-9/19/2005 PIMCO MT FEDERAL HOME LN MTG CORP DISC MAT 9/20/2005 100.0000 -3,800,000.000 -3, 799,625.28 3,799,625.28 0.00 09/20/2005SEC ID: 9/20/2005 313397LY5OCSF07511102: LIQUID OPER-9/20/2005 PIMCO MT FEDERAL HOME LN MTG CORP DISC MAT 9/21/2005 100.0000 -3,800,000.000 -3, 799,635.83 3,799,635.83 0 .00 09/21/2005SEC ID: 9/21/2005 313397LZ2OCSF07511102: LIQUID OPER-9/21/2005 PIMCO MT FEDERAL HOME LN MTG CORP DISC MAT 9/22/2005 100.0000 -3,400,000.000 -3,399,667.56 3,399,667.56 0.00 09/22/2005SEC ID: 9/22/2005 313397MA6OCSF07511102: LIQUID OPER-9/22/2005 PIMCO MT FEDERAL HOME LN MTG CORP DISC MAT 9/23/2005 100.0000 -3, 100,000.000 -3,099,698.61 3,099,698.61 0 .00 09/23/2005SEC ID: 9/23/2005 313397MB4OCSF0751 l 102: LIQUID OPER-9/23/2005 PIMCO MT FEDERAL HOME LN MTG CORP DISC MAT 9/26/2005 100.0000 -3, 100,000.000 -3,099,088.08 3,099,088.08 0.00 09/26/2005SEC ID: 9/26/2005 313397ME8OCSF0751 l 102: LIQUID OPER-9/26/2005 PIMCO Workbench ·• Actual Settle Date 54 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price lTmn Settle Date Base Price Cost Amount Net Gain/Loss Ty~e Description Reported Date Base Ex Rate Shares/Par Base Base Base MT FED HOME LN MTG CORP DISC NTS MAT 9/27/2005 100.0000 -3, 100,000.000 -3,099,692.58 3,099,692.58 0.00 09/27 /2005SEC ID: 9/27/2005 313397MF5OCSF075 l l 102: LIQUID OPER-9/27/2005 PIMCO MT FEDERAL HOME LN MTG CORP DISC MAT 9/28/2005 100.0000 -600,000.000 -599,940.50 599,940.50 0.00 09/28/2005SEC ID: 9/28/2005 313397MG3OCSF07511102: LIQUID OPER-9/28/2005 PIMCO MT FEDERAL HOME LN MTG CORP DISC MAT 9/29/2005 100.0000 -1, 100,000.000 -1,099,890.92 1,099,890.92 0.00 09/29/2005SEC ID: 9/29/2005 313397MH10CSF0751 l 102: LIQUID OPER-9/29/2005 PIMCO MT FEDERAL HOME LN MTG CORP DISC MAT 9/30/2005 100.0000 -3,400,000.000 -3,399,662.83 3,399,662.83 0.00 09/30/2005SEC ID: 9/30/2005 313397MJ7OCSF0751 l 102: LIQUID OPER-9/30/2005 PIMCO MT GENERAL ELEC CAP DISC 09/09/2005SEC 9/9/2005 100.0000 -1,896,000.000 -1,889,711.25 1,889,711.25 0.00 ID: 36959HW94OCSF075 l l l 02: LIQUID 9/9/2005 OPER-PIMCO 9/9/2005 MT US TREASURY BILL 0.000% 09/01/2005 DD 9/1/2005 100.0000 -800,000.000 -798,492.67 798,492.67 0.00 03/03/05SEC ID:912795VP3OCSF07511102: 9/1/2005 LIQUID OJ;ER-PIMCO 9/1/2005 MT U S TREASURY BILL DUE 09/15/2005 DD 9/15/2005 100.0000 -10,800,000.000 -10,793,656.88 10,793,656.88 0.00 03/17/20005SECID: 9/15/2005 912795VR9OCSF075 l l 102: LIQUID OPER-9/15/2005 PIMCO MT WELLS FARGO BANK NA INSTL C/D 3.500% 9/6/2005 100.0000 -1,800,000.000 -1,800,000.00 1,800,000.00 0.00 09/06/200.5 DD 08/12/0SSEC ID: 9/6/2005 9497P21-l67OCSF0751 l 102: LIQUID OPER-9/6/2005 PIMCO Workbench • Actual Settle Date 55 OCSD-CONSOLIDATED -OCSGOOOlOOOO Transaction Detail Reported by Transaction Category 9/1/2005-9/30/2005 Tran Type Description Trade Date Settle Date Reported Date Local Price Base Price Base Ex Rate MT WELLS FARGO BANK NA INSTL C/D 3.500% 09/14/2005 DD 09/07 /05SEC ID: 9497P2T23OCSF07511102: LIQUID OPER- PIMCO 9/14/2005 9/14/2005 9/14/2005 TOTAL CASH & CASH EQUIVALENTS U.S. DOLLAR: TOTAL CASH & CASH EQUIVALENTS BASE: TOTAL MATURITIES BASE: MISCELLANEOUS ACTIVITY FIXED INCOME SECURITIES U.S. DOLLAR SW SW SW TO DELIVER OFF FRACTIONAL UNIT FNMA POOL #0357328SEC ID: 31376J4M8OCSF07522202: LONG TERM OPER-PIMCO TO DELIVER OFF FRACTIONAL UNIT FNMA POOL #0555453SEC ID: 31385XBW6OCSF07522202: LONG TERM OPER-PIMCO TO DELIVER OFF FRACTIONAL UNIT FNMA POOL #0709963SEC ID: 31401JWY0OCSF07522202: LONG TERM OPER-PIMCO 9/26/2005 9/26/2005 9/26/2005 9/26/2005 9/26/2005 9/26/2005 9/26/2005 9/26/2005 9/26/2005 TOTAL FIXED INCOME SECURITIES U.S. DOLLAR: TOTAL FIXED INCOME SECURITIES BASE: ·> Actual Settle Date 100.0000 56 Shares/Par -2,800,000.000 -156,196,000.000 -156,196,000.000 -156,196,000.000 -0.030 -0.010 -0.020 -0.060 -0.060 Cost Base -2,800,000.00 -156,109,928.99 -156,109,928.99 -156,109,928.99 -0.03 -0.01 -0.02 -0.06 -0.06 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base 2,800,000.00 156,109,928.99 156,109,928.99 156,109,928.99 0.00 0.00 0.00 0 .00 0.00 Net Gain/Loss Base 0 .00 0.00 0.00 0.00 -0.03 -0.01 -0.02 -0.06 -0.06 Workbench OCSD-CONSOLIDATED • OCSG000lO000 Transaction Detail Reported by Transaction Category 9/1/2005-9/30/2005 lTran Type Description Trade Date Settle Date Reported Date Local Price Base Price Base Ex Rate TOTAL MISCELLANEOUS ACTIVITY BASE: INTEREST CASH & CASH EQUIVALENTS U.S. DOLLAR IT IT IT IT IT IT DU PONT DE NEMOUR DISC 09/ 16/2005SEC 9/16/2005 ID: 26354AWG5OCSF07511102: LIQUID 9/16/2005 OPER-PIMCO 9/16/2005 DU PONT DE NEMOUR DISC 09/28/2005SEC 9/28/2005 ID: 26354AWU4OCSF07511102: LIQUID 9/28/2005 OPER-PIMCO 9/28/2005 DU PONT DE NEMOUR DISC 09/29/2005SEC 9/29/2005 ID: 26354AWV2OCSF0751 l 102: LIQUID 9/29/2005 OPER-PlMCO 9/29/2005 FEDERAL HOME LN BK CONS DISC MAT 09/06/2005SEC ID: 313385W3OCSF07511102: LIQUID OPER- PIMCO FEDERAL HOME LN BK CONS DISC N MAT 09 /07 /2005SEC ID: 313385LK0OCSF0751 l 102: LIQUID OPER- PIMCO 9/6/2005 9/6/2005 9/6/2005 9/7/2005 9/7/2005 9/7/2005 FEDERAL HOME LN BK CONS DISC MAT 9/8/2005 9/8/2005SEC ID: 313385LL8OCSF0751 l 102: 9/8/2005 LIQUID OPER-PIMCO 9/8/2005 ., Actual Settle Date 57 Shares/Par -0.060 1,000,000.000 1,900,000.000 1,000,000.000 4,100,000.000 4,100,000.000 1,300,000.000 Cost Base -0.06 1,353.33 9,474.67 1,328.89 1,539.78 387.22 122.06 ReportID: EWBA09 Base Currency: USD Status: FINAL Amount Base 0.00 1,353.33 9,474.67 1,328.89 1,539.78 387.22 122.06 Net Gain/Loss Base -0.06 0.00 0.00 0.00 0.00 0.00 0.00 Workbench Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD [ OCSD-CONSOLIDATED -OCSG000lO000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FEDERAL HOME LN BK CONS DISC MAT 9/9/2005 2,300,000.000 18,720.72 18,720.72 0.00 9/9/2005SEC ID: 313385LM6OCSF07511102:9;9;2005 LIQUID OPER-PIMCO 9/9/2005 IT FEDERAL HOME LN BK CONS DISC N MAT 9/12/2005 3,800,000.000 1,070.33 1,070.33 0.00 09/ 12/2005SEC ID: 9/12/2005 313385LQ7OCSF07511102: LIQUID OPER-9/12/2005 PIMCO IT FEDERAL HOME LN BK CONS DISC MAT 9/13/2005 6,500,000.000 617.50 617.50 0.00 09/ 13/2005SEC ID: 9/13/2005 313385LR5OCSF075 l 1102: LIQUID OPER-9/13/2005 PIMCO IT FEDERAL HOME LN BK CONS DISC N MAT 9/15/2005 2,800,000.000 264.44 264.44 0.00 09/ 15/2005SEC ID: 9/15/2005 313385LT1OCSF07511102: LIQUID OPER-9/15/2005 PIMCO IT FEDERAL HOME LN BK CONS DISCSEC ID: 9/16/2005 6,500,000.000 646.39 646.39 0.00 313385LU8OCSF07511102: LIQUID OPER-9/16/2005 PIMCO 9/16/2005 IT FEDERAL HOME LN BK CONS DISC N MAT 9/19/2005 6,500,000.000 1,912.08 1,912.08 0.00 09 / 19 /2005SEC ID: 9/19/2005 313385LX2OCSF07511102: LIQUID OPER-9/19/2005 PIMCO IT FEDERAL HOME LN BK CONS DISC N MAT 9/20/2005 6,500,000.000 640.97 640.97 0.00 09/20/2005SEC ID: 9/20/2005 313385LY0OCSF0751 l 102: LIQUID OPER-9/20/2005 PIMCO IT FEDERAL HOME LN BK CONS DISC N MAT 9/21/2005 6,500,000.000 631.94 631.94 0.00 09/21/2005SEC ID: 9/21/2005 313385LZ7OCSF075 l l 102: LIQUID OPER-9/21/2005 PIMCO Workbench ., Actual Settle Date 58 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000lO000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price ~an Settle Date Base Price Cost Amount Net Gain/Loss y~e Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FEDERAL HOME LN BK CONS DISC N MAT 9/22/2005 6,500,000.000 650.00 650.00 0.00 09/22/2005SEC ID: 9/22/2005 313385MA10CSF07511102: LIQUID OPER-9/22/2005 PIMCO IT FEDERAL HOME LN BK CONS SYSTEM MAT 9/23/2005 6,500,000.000 626.53 626.53 0.00 09/23/2005SEC ID: 9/23/2005 313385MB9OCSF0751 l 102: LIQUID OPER-9/23/2005 PIMCO IT FEDERAL HOME LN BK CONS DISC N MAT 9/26/2005 6,500,000.000 1,939.17 1,939.17 0.00 09/26/2005SEC ID: 9/26/2005 313385ME3OCSF075 l l 102: LIQUID OPER-9/26/2005 PIMCO IT FEDERAL HOME LN BK CONS DISC MAT 9/27/2005 6,500,000.000 650.00 650.00 0.00 09/27 /2005SEC ID: 9/27/2005 313385MF0OCSF07511102: LIQUID OPER-9/27/2005 PIMCO IT FEDERAL HOME LN BK CONS DISC MAT 9/28/2005 6,500,000.000 653.61 653.61 0.00 09/28/2005SEC ID: 9/28/2005 313385MG8OCSF07511102: LIQUID OPER-9/28/2005 PIMCO IT FEDERAL HOME LN BK CONS DISC N MAT 9/29/2005 6,500,000.000 650.00 650.00 0.00 09/29/2005SEC ID: 9/29/2005 313385MH6OCSF0751 l 102: LIQUID OPER-9/29/2005 PIMCO IT FEDERAL HOME LN BK CONS DISC MAT 9/30/2005 6,700,000.000 670.00 670.00 0 .00 09/30/2005SEC ID: 9/30/2005 313385MJ2OCSF07511102: LIQUID OPER-9/30/2005 PIMCO IT FEDERAL HOME LN MTG CORP DISC MAT 9/6/2005 2,600,000.000 6,358.09 6,358.09 0.00 09/06/2005SEC ID: 9/6/2005 313397W8OCSF0751 l 102: LIQUID OPER-9/6/2005 PIMCO Workbench ·• Actual Settle Date 59 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000IO000 9/1/2005-9/30/2005 Status: FINAL ----Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FEDERAL HOME LN MTG CORP DISC 9/13/2005 0.000 16,430.56 16,430.56 0.00 0.000% 09/13/2005 DD 09/13/04SEC ID: 9/13/2005 313397LR0OCSF075 l l 102: L[QUID OPER-9/13/2005 PIMCO IT FEDERAL HOME LN MTG CORP DISC MAT 9/16/2005 3,800,000.000 377.89 377.89 0 .00 09/ 16/2005SEC ID: 9/16/2005 313397LU3OCSF07511102: LIQUID OPER-9/16/2005 PlMCO IT FEDERAL HOME LN MTG CORP DISC MAT 9/19/2005 3,800,000.000 1,117.83 1,1 17.83 · 0 .00 09/19/2005SEC ID: 9/19/2005 313397LX7OCSF07511102: LIQUID OPER-9/19/2005 PlMCO IT FEDERAL HOME LN MTG CORP DISC MAT 9/20/2005 3,800,000.000 374.72 374.72 0.00 09/20/2005SEC ID: 9/20/2005 313397LY5OCSF075 l l 102: LIQUID OPER-9/20/2005 PIMCO lT FEDERAL HOME LN MTG CORP DISC MAT 9/21/2005 3,800,000.000 364.17 364.17 0.00 09/21/2005SEC ID: 9/21/2005 313397LZ2OCSF0751 l 102: LIQUID OPER-9/21/2005 PIMCO IT FEDERAL HOME LN MTG CORP DISC MAT 9/22/2005 3,400,000.000 332.44 332.44 0.00 09/22/2005SEC ID: 9/22/2005 313397MA6OCSF07511102: LIQUID OPER-9/22/2005 PIMCO [T FEDERAL HOME LN MTG CORP DISC MAT 9/23/2005 3,100,000.000 301.39 301.39 0.00 09/23/2005SEC ID: 9/23/2005 313397MB4OCSF0751 l 102: LIQUID OPER-9/23/2005 PIMCO IT FEDERAL HOME LN MTG CORP DISC MAT 9/26/2005 3,100,000.000 911.92 911.92 0.00 09/26/2005SEC ID: 9/26/2005 313397ME8OCSF0751 l 102: LIQUID OPER-9/26/2005 PIMCO Workbench • Actual Settle Date 60 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USO OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL ----------------Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FED HOME LN MTG CORP DISC NTS MAT 9/27/2005 3,100,000.000 307.42 307.42 0 .00 09 /27 /2005SEC ID: 9/27/2005 313397MF5OCSF075 l l 102: LIQUID OPER-9 /27/2005 PIMCO IT FEDERAL HOME LN MTG CORP DISC MAT 9/28/2005 600,000.000 59.50 59.50 0.00 09/28/2005SEC ID: 9/28/2005 313397MG3OCSF07511102: LIQUID OPER-9/28/2005 PIMCO IT FEDERAL HOME LN MTG CORP DISC MAT 9/29/2005 1,100,000.000 109.08 109.08 0.00 09/29/2005SEC ID: 9/29/2005 313397MH10CSF0751 l 102: LIQUID OPER-9/29/2005 PIMCO IT FEDERAL HOME LN MTG CORP DISC MAT 9/30/2005 3,400,000.000 337.17 337.17 0.00 09/30/2005SEC ID: 9/30/2005 313397MJ7OCSF07511102: LIQUID OPER-9/30/2005 PIMCO IT GENERAL ELEC CAP DISC 09/09/2005SEC 9/9/2005 1,896,000.000 6,288.75 6,288.75 0.00 ID: 36959HW94OCSF07511102: LIQUID 9/9/2005 OPER-PIMCO 9/9/2005 IT US TREASURY BILL 0.000% 09/01/2005 DD 9/1/2005 800,000.000 1,507.33 1,507.33 0.00 03/03/05SECID:912795VP3OCSF07511102:9;1;2005 LIQUID OPER-PIMCO 9/1/2005 IT US TREASURY BILL DUE 09/15/2005 DD 9/15/2005 10,800,000.000 6,343.12 6,343.12 0.00 03/17/20005SECID: 9/15/2005 912795VR9OCSF0751 l 102: LIQUID OPER-9/15/2005 PIMCO IT WELLS FARGO BANK NA INSTL C/D 3.500% 9/6/2005 1,800,000.000 4,375.00 4,375.00 0.00 09/06/2005 DD 08/12/0SSEt: ID: 9/6/2005 9497P2H67OCSF0751 l 102: LlQUlD OPER-9/6/2005 PIMCO Workbench -, Actual Settle Date 61 OCSD-CONSOLIDATED -OCSGOOOlOOOO Transaction Detail Reported by Transaction Category 9/1/2005-9/30/2005 Tran Trade Date Settle Date Reported Date Type Description IT cw cw IT IT WELLS FARGO BANI< NA INSTL C/D 3.500% 09/14/2005 DD 09 / 07 / OS SEC 1D- 9497P2T23OCSF07511102: LIQUID OPER- PIMCO SHORT TERM FDS INT ADJ NET OF OVERNIGHT INTERESTSEC ID: 990000PJ4OCSF075 l 1102: LIQUID OPER- PIMCO SHORT TERM FDS INT ADJ NET OF OVERNIGHT INTERESTSEC ID: 990000PJ4OCSF07522202: LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMTSEC ID: 99608524 7OCSF07522202: LONG TERM OPER-PIMCO DREYFUS TREASURY CASH MGMTSEC ID: 99608524 7OCSF07511102: LIQUID OPER- PIMCO 9/14/2005 9/14/2005 9/14/2005 9/30/2005 9/30/2005 9/30/2005 9/30/2005 9/30/2005 9/30/2005 9/6/2005 9/1/2005 9/6/2005 9/6/2005 * 9/6/2005 9/1/2005 9/6/2005 9/6/2005 * Local Price Base Price Base Ex Rate TOTAL CASH & CASH EQUIVALENTS U.S. DOLLAR: TOTAL CASH & CASH EQUIVALENTS BASE: FIXED INCOME SECURITIES U.S. DOLLAR IT BEAR STEARNS COS INC GLOBAL NT 3.000% 9/30/2005 03/30/2006 DD 02j 19/03SEC ID: 9/30/2005 073902CB2OCSF0r51 l 102: LIQUID OPER-9/30/2005 PIMCO ., Actual Settle Date 62 Shares/Par 2,800,000.000 0.000 0.000 0.000 0.000 154,196,000.000 154,196,000.000 112,000.000 Cost Base 1,905.56 -8,220.66 -484.36 5,114.93 1,047.33 89,808.81 89,808.81 1,680.00 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base 1,905.56 -8,220.66 -484.36 5,114.93 1,047.33 89,808.81 89,808.81 1,680.00 Net Gain/Loss Base 0.00 0.00 0.00 0.00 0.00 o.oo 0.00 0.00 Workbench Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USO OCSD-CONSOLIDATED • OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT CIT GROUP INC NEW SR NT VAR RT 9/22/2005 1,500,000.000 14,734.38 14,734.38 0.00 09/22/2006 DD 09/23/03SEC ID: 9/22/2005 125581AF5OCSF07522202: LONG TERM 9/22/2005 OPER-PIMCO IT WMP/HUNTOON PAIGE #000-11150 7.500% 9/29/2005 890.500 5,808.44 5,808.44 0.00 12/01/2030 DD 10/2l /99SEC ID: 9/1/2005 302998OE3OCSF07522202: LONG TERM 9/29/2005 OPER-PI.MCO 9/29/2005 * IT FEDERAL HOME LN MTG CORP MTN 4.000% 9/22/2005 10,000,000.000 200,000.00 200,000.00 0.00 09/22/2009 DD 09/22/04Sl:!:C !D: 9/22/2005 3128X3WY5OCSF07522202: L.QNG TERM 9/22/2005 OP@-:PIMCO IT FHLMC MULTICLASS MTG SER E3 A VAR RT 9/16/2005 13,104.750 2,447.19 2,447.19 0.00 08/15/2032 DD 12/01/97SEC ID: 8/1/2005 3133TCE95OCSF07522202: LONG TERM 9/16/2005 OPER-PIMCO 9/16/2005 * IT FHLMC MULTICLASS MTG SER E3 A VAR RT 9/16/2005 0.650 0.65 0.65 0.00 08/15/2032 DD 12/01/97SEC ID: 8/1/2005 3133TCE95OCSF07522202: LONG TERM 9/16/2005 OPER-PIMCO 9/16/2005 * IT FHLMC GROUP #78-6064 6.384% 9/15/2005 205.290 181.19 181.19 0.00 01/01/2028 DD 12/01/97SEC ID: 8/1/2005 31348SWZ3OCSF07522202: LONG TERM 9/15/2005 OPER-PIMCO 9/15/2005 * IT FEDERAL NATL MTG ASSN DEBS 6.625% 9/15/2005 2,100,000.000 69,562.50 69,562.50 0.00 09/15/2009 DD 09/01/99SEC ID: 9/15/2005 31359MEY5OCSF07522202: LONG TERM 9/15/2005 OPER-PIMCO IT FEDERAL NATL MTG ASSN DEBS 3.125% 9/16/2005 6,800,000.000 106,250.00 106,250.00 0.00 03/16/2009 DD 03/ 16/04SEC ID: 9/16/2005 31359MUQ4OCSF07522202: LONG TERM 9/16/2005 OPER-PIMCO Workbench ., Actual Settle Date 63 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSGO00l0000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0254510 5.000% 9/26/2005 13,658.530 2,356.15 2,356.15 0.00 11/01/2017 DD 10/01/02SEC ID: 9/1/2005 31371KVB4OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0254631 5.000% 9/26/2005 2,479.450 503.70 503.70 0.00 02/01/2018 DD 01/01/03SEC ID: 9/1/2005 31371KY47OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 • IT FNMA POOL #0254760 5.000% 9/26/2005 2,186.440 455.75 455.75 0.00 06/01/2018 DD 05/01/03SEC ID: 9/1/2005 31371K5V9OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0254866 5.000% 9/26/2005 1,064.990 208.45 208.45 0.00 09/01/2018 DD 08/0l/03SEC ID: 9/1/2005 31371LCB3OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0254907 5.000% 9/26/2005 8,164.160 1,549.64 1,549.64 0.00 10/01/2018 DD 09/0l/03SEC ID: 9/1/2005 31371LDLOOCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0254953 5.000% 9/26/2005 5,742.450 1,103.88 1,103.88 0.00 11/01/2018 DD 10/01/03SEC ID: 9/1/2005 31371LE210CSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0254987 5.000% 9/26/2005 11,695.010 2,957.40 2,957.40 0.00 12/01/2018 DD 11/01/03SEC ID: 9/1/2005 31371LF46OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0323980 6.000% 9/26/2005 3,059.130 581.57 581.57 0.00 04/01/2014 DD 09/01/99SEC ID: 9/1/2005 31374T2M0OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 • Workbench ·• Actual Settle Date 64 ~ .. Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED-OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0357328 5.000% 9/26/2005 322.160 84.23 84.23 0.00 01/01/2018 DD 0l/01/03SEC ID: 9/1/2005 31376J4M8OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 k IT FNMA POOL #0357430 5.000% 9/26/2005 26,487.270 4,513.48 4,513.48 0.00 09/01/2018 DD 09/0l/03SEC ID: 9/1/2005 31376KA710CSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0456482 6.000% 9/26/2005 1,265.750 173.20 173.20 0.00 02/01/2014 DD 02/01/99SEC ID: 9/1/2005 31381CCT2OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0509649 6.000% 9/26/2005 815.650 465.50 465.50 0.00 09/01/2014 DD 09/01/99SEC ID: 9/1/2005 31383QEW0OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0535451 6.000% 9/26/2005 2,534.290 454.22 454.22 0.00 06/01/2015 DD 07 /01/00SEC ID: 9/1/2005 31384VZQ8OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0555363 5.000% 9/26/2005 5,717.340 1,087.20 1,087.20 0.00 04/01/2018 DD 03/01/03SEC ID: 9/1/2005 31385W5YlOCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0555453 5.000% 9/26/2005 601.250 113.26 113.26 0.00 05/01/2018 DD 04/01/03SEC ID: 9/1/2005 31385XBW6OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0555545 5.000% 9/26/2005 5,016.020 907.76 907.76 0.00 06/01/2018 DD 05/01/03SEC ID: 9/1/2005 31385XES2OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * Workbench ·> Actual Settle Date 65 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED · OCSG000 10000 9/1/2005-9/30/2005 Status: FINAL --Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base -- IT FNMA POOL #0555621 5.000% 9/26/2005 14,721.870 3,117.24 3,117.24 0.00 07/01/2018 DD 06/01/03SEC ID: 9/1/2005 31385XG68OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0681309 5.000% 9/26/2005 6,922.370 1,729.83 1,729.83 0.00 02/01/2018 DD 02/01/03SEC ID: 9/1/2005 31391Y3S4OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0681334 5.000% 9/26/2005 932.850 207.56 207.56 . 0.00 02/01/2018 DD 0l/01/03SEC ID: 9/1/2005 31391Y4TlOCSF07522202: LONG TERM 9/26/2005 OPER-PJMCO 9/26/2005 * IT FNMA POOL #0684798 5.500% 9/26/2005 12,344.930 1,407.57 1,407.57 0.00 03/01/2033 DD 03/01/03SEC ID: 9/1/2005 31400DX31OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0684908 5.000% 9/26/2005 8,723.500 1,131.67 1,131.67 0.00 06/01/2018 DD 05/01/03SEC ID: 9/1/2005 31400D3RlOCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0685200 5.000% 9/26/2005 4,412.950 617.23 617.23 0.00 03/01/2018 DD 03/01/03SEC ID: 9/1/2005 31400EGH7OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0685665 5.000% 9/26/2005 643.950 103.23 103.23 0.00 02/01/2018 DD 02/01/03SEC ID: 9/1/2005 31400EW22OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0686318 5.000% 9/26/2005 4,930.280 925.93 925.93 0.00 03/01/2018 DD 03/0l/03SEC ID: 9/1/2005 31400FPB7OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * Workbench ·• Actual Settle Date 66 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USO OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0688739 5.000% 9/26/2005 511.880 363.70 363.70 0.00 06/01/2018 DD 06/01/03SEC ID: 9/1/2005 31400JEL9OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0689859 5.000% 9/26/2005 405.130 334.38 334.38 0.00 05/01/2018 DD 05/01/03SEC ID: 9/1/2005 31400KMG8OCSF07522202: LONG TERM 9/26/2005 OP ER-PIM CO 9/26/2005 * IT FNMA POOL #0693834 5.000% 9/26/2005 11,809.060 1,930.37 1,930.37 0.00 03/01/2018 DD 03/0l/03SEC ID: 9/1/2005 31400PY74OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0695852 5.000% 9/26/2005 3,876.460 719.25 719.25 0.00 05/01/2018 DD 05/01/03SEC ID: 9/1/2005 31400SBV0OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0695889 5.000% 9/26/2005 8,405.730 2,566.70 2,566.70 0.00 05/01/2018 DD 05/01/03SEC ID: 9/1/2005 31400SC23OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0697026 5.000% 9/26/2005 426.010 76.92 76.92 0.00 05/01/2018 DD 04/01/03SEC ID: 9/1/2005 31400TLF2OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0702210 5.000% 9/26/2005 4,180.140 718.22 718.22 0.00 05/01/2018 DD 05/01/03SEC ID: 9/1/2005 31401ADP9OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0702328 5.000% 9/26/2005 2,072.710 427.81 427.81 0.00 05/01/2018 DD 04/01/03SEC ID: 9/1/2005 31401AHD2OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * Workbench • Actual Settle Date 67 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USO OCSD-CONSOLIDATED · OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Net Gain/Lo:l Tran Settle Date Base Price Cost Amount Type Description Reported Date Base Ex Rate Shares/Par Base Base Base ------ IT FNMA POOL #0709148 5.000% 9/26/2005 3,685.250 942.67 942.67 0.00 06/01/2018 DD 06/01/03SEC ID: 9/1/2005 31401HZM7OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0709360 5.000% 9/26/2005 25,504.790 2,113.76 2,113.76 0 .00 07/01/2018 DD 06/0l/03SEC ID: 9/1/2005 31401JB56OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0709826 5.000% 9/26/2005 1,880.920 361.63 361.63 0.00 06/01/2018 DD 06/0l/03SEC ID: 9/1/2005 31401JSP40CSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0709917 5.000% 9/26/2005 2,463.100 750.81 750.81 0.00 06/01/2018 DD 06/0l/03SEC JD: 9/1/2005 31401JVJ4OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0709963 5.000% 9/26/2005 83.740 72.25 72.25 0.00 06/01/2018 DD 06/01/03SEC ID: 9/1/2005 31401JWY0OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0710235 5.000% 9/26/2005 15,145.700 1,905.88 1,905.88 0.00 06/01/2018 DD 06/01/03SEC JD: 9/1/2005 31401KBC8OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0713344 5.000% 9/26/2005 526.530 51.24 51.24 0.00 06/01/2018 DD 06/01/03SEC JD: 9/1/2005 31401NP52OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0713365 5.000% 9/26/2005 4,084.540 771.69 771.69 0.00 07/01/2018 DD 07/01/03SEC ID: 9/1/2005 31401NQS10CSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * Workbench ., Actual Settle Date 68 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000lO000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0720319 5.000% 9/26/2005 14,951.260 2,366.05 2,366.05 0.00 07/01/2018 DD 07 /01/03SEC ID: 9/1/2005 31401 WG45OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005, IT FNMA POOL #0720369 5.000% 9/26/2005 38,946.940 7,762.81 7,762.81 0.00 06/01/2018 DD 06/01/03SEC ID: 9/1/2005 31401WJN0OCSF07522202: LONG TERM 9/26/2005 OP ER-PIM CO 9/26/2005 • IT FNMA POOL #0721629 5.000% 9/26/2005 7,636.780 1,017.14 1,017.14 0.00 07/01/2018 DD 06/01/03SEC ID: 9/1/2005 31401XVW4OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0723487 5.000% 9/26/2005 857.120 763.58 763.58 0.00 06/01/2018 DD 06/0l/03SEC ID: 9/1/2005 31402AXQ4OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0725530 5.000% 9/26/2005 48,591.490 11,667.25 11,667.25 0.00 06/01/2019 DD 05/01/04SEC ID: 9/1/2005 31402DA75OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0729601 5.000% 9/26/2005 11,077.360 1,367.57 1,367.57 0.00 07/01/2018 DD 07 /01/03SEC ID: 9/1/2005 31402HRW3OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0732873 5.000% 9/26/2005 211.700 122.76 122.76 0.00 11/01/2018 DD 10/01/03SEC ID: 9/1/2005 31402MFN5OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0735227 5.500% 9/26/2005 19,552.080 4,347.28 4,347.28 0.00 02/01/2035 DD 0l/01/05SEC ID: 9/1/2005 31402QYY1OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 • Workbench ., Actual Settle Date 69 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0735856 5.000% 9/26/2005 3,144.800 2,083.34 2,083.34 0.00 08/01/2020 DD 08/01/05SEC ID: 9/1/2005 31402RQH5OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 k IT FNMA POOL #0737130 5.000% 9/26/2005 2,698.030 2,056.30 2,056.30 0.00 10/01/2018 DD 10/01/03SEC ID: 9/1/2005 31402S4P9OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0738211 5. 000% 9/26/2005 8,627.600 1,794.18 1,794.18 0.00 10/01/2018 DD 10/0l/03SEC ID: 9/1/2005 31402UDQ2OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0738487 5.000% 9/26/2005 2,823.460 649.31 649.31 0.00 10/01/2018 DD 10/01/03SEC JD: 9/1/2005 31402UNC2OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0740457 5.000% 9/26/2005 25,514.710 7,588.94 7,588.94 0.00 10/01/2018 DD 10/01/03SEC ID: 9/1/2005 31402WTN8OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0740471 5.000% 9/26/2005 2,979.020 2,666.26 2,666.26 0.00 10/01/2018 DD 10/01/03SEC JD: 9/1/2005 31402WT40OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0740748 5.000% 9/26/2005 18,868.240 2,649.45 2,649.45 0.00 10/01/2018 DD 11/01/03SEC JD: 9/1/2005 31402W5H7OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0743868 5.000% 9/26/2005 871.500 126.06 126.06 0.00 11/01/2018 DD 10/01/03SEC JD: 9/1/2005 31403BMR1OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * Workbench ·> Actual Settle Date 70 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED · OCSG000l0000 9/1/2005 -9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0744008 5.000% 9/26/2005 4,267.950 3,594.96 3,594.96 0.00 07/01/2018 DD 09/01/03SEC ID: 9/1/2005 31403BR54OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 k IT FNMA POOL #0744316 5.000% 9/26/2005 3,560.550 554.30 554.30 0.00 09/01/2018 DD 09/01/03SEC ID: 9/1/2005 31403B3Z4OCSF07522202: LONG TERM 9/26/2005 OP ER-PIM CO 9/26/2005 * IT FNMA POOL #0747914 5.000% 9/26/2005 10,105.090 1,034.17 1,034.17 0.00 11/01/2018 DD ll/0l/03SEC ID: 9/1/2005 31403F3X0OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0748400 5.000% 9/26/2005 3,100.600 635.15 635.15 0.00 08/01/2018 DD 09/01/03SEC ID: 9/1/2005 31403GNR9OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0748899 5.000% 9/26/2005 26,948.500 3,376.37 3,376.37 0.00 12/01/2018 DD 11/01/03SEC ID: 9/1/2005 31403G7LOOCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0750377 5.000% 9/26/2005 37,604.280 7,204.45 7,204.45 0.00 11/01/2018 DD 11/01/03SEC ID: 9/1/2005 31403JUA2OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0750380 5.000% 9/26/2005 21,360.100 6,102.10 6,102.10 0.00 11/01/2018 DD 11/01/03SEC ID: 9/1/2005 31403JUD6OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0750445 5.000% 9/26/2005 619.990 577.26 577.26 0.00 11/01/2018 DD 11/01/03SEC ID: 9/1/2005 31403JWE2OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * Workbench * Actual Settle Date 71 Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000lO000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0751960 5.000% 9/26/2005 4,125.730 2,732.65 2,732.65 0.00 12/01/2018 DD 11/01/03SEC ID: 9/1/2005 31403LMH10CSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0753425 5.000% 9/26/2005 8,428.980 2,856.77 2,856.77 0.00 11/01/2018 DD 11/01/03SEC ID: 9/1/2005 31403NA23OCSF07522202: LONG TERM 9/26/2005 OP ER-PIM CO 9/26/2005 * IT FNMA POOL #0755165 5.000% 9/26/2005 15,511.420 2,025.19 2,025.19 0.00 12/01/2018 DD 11/01/03SEC ID: 9/1/2005 31403Q6A3OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 • IT FNMA POOL #0756372 5.000% 9/26/2005 4,132.290 3,385.16 3,385.16 0.00 11/01/2018 DD 11/01/03SEC JD: 9/1/2005 31403SJR8OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0784251 5.000% 9/26/2005 129,147.340 12,039.39 12,039.39 0.00 11/01/2019 DD 11/0l/04SEC JD: 9/1/2005 31405BH46OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0789670 5.000% 9/26/2005 18,535.110 3,437.00 3,437.00 0.00 12/01/2019 DD 12/01/04SEC JD: 9/1/2005 31405HJP4OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0792432 5.000% 9/26/2005 11,214.020 3,436.84 3,436.84 0.00 10/01/2019 DD 10/01/04SEC ID: 9/1/2005 31405LLM9OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0792437 5.000% 9/26/2005 172,439.800 19,83 9.16 19,839.16 0.00 10/01/2019 DD 10/01/04SEC JD: 9/1/2005 31405LLS6OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * Workbench ·• Actual Settle Date 72 .. ,. Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL ---Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0794195 5.000% 9/26/2005 39,298.910 3,662.26 3,662.26 0.00 11/01/2019 DD 11/01/04SEC ID: 9/1/2005 31405NKG9OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 • IT FNMA POOL #0797160 5.000% 9/26/2005 264,012.690 12,444.80 12,444.80 0.00 12/01/2019 DD 12/01/04SEC ID: 9/1/2005 31405RTR7OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0797408 5.000% 9/26/2005 3,026.730 3,283.83 3,283.83 0.00 12/01/2019 DD 12/01/04SEC ID: 9/1/2005 31405R3R5OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 • IT FNMA POOL #0797414 5.000% 9/26/2005 3,611.270 3,238.34 3,238.34 0.00 12/01/2019 DD 12/01/04SEC ID: 9/1/2005 3 l 405R3X2OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0800370 5.000% 9/26/2005 1,510.950 1,482.51 1,482.51 0.00 12/01/2019 DD 11/01/04SEC ID: 9/1/2005 31405VFK8OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0800998 5.500% 9/26/2005 332.430 1,381.83 1,381.83 0.00 11/01/2034 DD 11/01/04SEC ID: 9/1/2005 31405V3F2OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0803923 5.000% 9/26/2005 13,006.520 12,083.06 12,083.06 0.00 12/01/2019 DD 12/01/04SEC ID: 9/1/2005 31406AD410CSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0807711 5.000% 9/26/2005 79,445.900 12,132.95 12,132.95 0.00 01/01/2020 DD 01/01/05SEC ID: 9/1/2005 31406EKY9OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * Workbench -, Actual Settle Date 73 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL -------- Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0808933 5.500% 9/26/2005 341.950 1,520.05 1,520.05 0.00 01/01/2035 DD 0l/01/05SEC ID: 9/1/2005 31406FV24OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0809350 5.500% 9/26/2005 3,612.140 1,451.91 1,451.91 0 .00 12/01/2034 DD 01/01/05SEC ID: 9/1/2005 31406GEX3OCSF07522202: LONG TERM 9/26/2005 OP ER-PIM CO 9/26/2005 * IT FNMA POOL #0814930 5.500% 9/26/2005 391.490 1,487.39 1,487.39 0.00 04/01/2035 DD 04/01/05SEC ID: 9/1/2005 31406NLK8OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 • IT FNMA POOL #0815923 5.500% 9/26/2005 371.370 1,482.70 1,482.70 0.00 03/01/2035 DD 03/01/05SEC ID: 9/1/2005 31406PPG8OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0816246 5.000% 9/26/2005 8,132.490 2,583.15 2,583.15 0.00 03/01/2020 DD 03/01/05SEC ID: 9/1/2005 31406PZK8OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0819566 5.500% 9/26/2005 5,540.940 1,486.27 1,486.27 0.00 04/01/2035 DD 04/01/05SEC ID: 9/1/2005 31406TQT10CSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0822731 5.500% 9/26/2005 6,672.050 1,510.66 1,510.66 0.00 05/01/2035 DD 05/01/05SEC ID: 9/1/2005 31406XA85OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT FNMA POOL #0823232 5.500% 9/26/2005 375.490 1,518.88 1,518.88 0.00 06/01/2035 DD 05/01/05SEC ID: 9/1/2005 31406XSV5OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * Workbench • Actual Settle Date 74 ... I Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT FNMA POOL #0823787 5.000% 9/26/2005 7,678.570 8,076.72 8,076.72 0.00 05/01/2020 DD 05/01/05SEC ID: 9/1/2005 31406YF47OCSF07522202: LONG TERM 9/26/2005 OPER-PIMCO 9/26/2005 * IT GNMA POOL #0421389 6.500% 9/15/2005 22.770 42.86 42.86 0.00 04/15/2026 DD 04/01/96SEC ID: 9/1/2005 36206UC23OCSF07522202: LONG TERM 9/15/2005 OP ER-PIM CO 9/15/2005 * IT GNMA POOL #0449851 6.500% 9/15/2005 26.770 64.71 64.71 0.00 01/15/2028 DD 0l/01/98SEC ID: 9/1/2005 36208FWL0OCSF07522202: LONG TERM 9/15/2005 OPER-PIMCO 9/15/2005 * IT GNMA POOL #0466845 6.500% 9/15/2005 49.270 175.12 175.12 0.00 06/15/2028 DD 06/01/98SEC ID: 9/1/2005 36209BTA6OCSF07522202: LONG TERM 9/15/2005 OPER-PIMCO 9/15/2005 * IT GNMA POOL #0468052 6.500% 9/15/2005 117.030 216.44 216.44 0.00 07/15/2028 DD 07 /01/98SEC ID: 9/1/2005 36209C5M4OCSF07522202: LONG TERM 9/15/2005 OPER-PIMCO 9 I 15/2005 • IT GNMA POOL #0476041 6.500% 9/15/2005 4,385.560 627.40 627.40 0.00 06/15/2028 DD 06/01/98SEC ID: 9/1/2005 36209MZE7OCSF07522202: LONG TERM 9/15/2005 OPER-PIMCO 9 / 15;2005 * IT GNMA POOL #0478626 6.500% 9/15/2005 189.230 645.27 645.27 0.00 01/15/2029 DD 01/01/99SEC ID: 9/1/2005 36209QVT9OCSF07522202: LONG TERM 9/15/2005 OPER-PIMCO 9/15/2005 * IT GNMA POOL #0480598 6.500% 9/15/2005 41.110 154.13 154.13 0.00 10/15/2028 DD 10/01/98SEC ID: 9/1/2005 36209S3F6OCSF07522202: LONG TERM 9/15/2005 OPER-PIMCO 9/15/2005* Workbench > Actual Settle Date 75 Transaction Detail ReportID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT GNMA POOL #0512235 6.500% 9/15/2005 8.340 31.48 31.48 0.00 11/15/2029 DD 11/01/99SEC ID: 9/1/2005 36211GBC6OCSF07522202: LONG TERM 9/15/2005 OPER-PIMCO 9/15/2005 * IT GNMA POOL #0514326 6.500% 9/15/2005 197.880 416.74 416.74 0.00 07/15/2029 DD 07 /01/99SEC ID: 9/1/2005 36211JLF2OCSF07522202: LONG TERM 9/15/2005 OPER-PIMCO 9/15/2005 * IT GNMA .JI POOL #0080023 VAR ~T 12/20/20269/20/2005 8,164.590 451.37 451.37 . 0.00 DD 12/0l /96SEC ID: 9/1/2005 36225CAZ9OCSF07522202: LONG TERM 9/20/2005 OPER-PIMCO 9/20/2005 * IT GNMA ll POOL 110800881'1) 7 .375% 9/20/2005 336.250 581.42 581.42 0.00 06/20/2027 DD 06/01/97SEC ID: 9/1/2005 36225CC20OCSF0752'2202: LONG TERM 9/20/2005 OPER-PIMCO 9/20/2005 * IT GNMA 11 POOL 110080395 VAR RT 9/20/2005 6,459.400 501.34 501.34 0.00 04/20/2030 DD 04/01/00SEC ID: 9/1/2005 36225CNM4OCSF075'22202: LONG TERM 9/20/2005 OPER-PIMCO 9/20/2005 • IT GNMA II POOL #080408X VAR RT 9/20/2005 62,003.470 4,454.33 4,454.33 0.00 05/20/2030 DD 05/01/00SEC ID: 9/1/2005 36225CN28OCSF07522202: LONG TERM 9/20/2005 OPER-PIMCO 9/20/2005 * IT GNMA II POOL #0080965 VAR RT 9/20/2005 37,393.080 3,353.84 3,353.84 0.00 07/20/2034 DD 07 /0 I /04SEC ID: 9/1/2005 36225DCB8OCSF07522202: LONG TERM 9/20/2005 OPER-PIMCO 9/20/2005 * IT GOLDMAN SACHS GRP MTN #TR00203 VAR 9/30/2005 2,000,000.000 18,348.89 18,348.89 0.00 RT 03/30/2007 DD 04/01/04SEC ID: 9/30/2005 38141EJL4OCSF07522202: LONG TERM 9/30/2005 OPER-PIMCO Workbench • Actual Settle Date 76 ... ,.. Transaction Detail Report ID: EWBA09 Reported by Transaction Category Base Currency: USD OCSD-CONSOLIDATED -OCSG000l0000 9/1/2005-9/30/2005 Status: FINAL Trade Date Local Price Tran Settle Date Base Price Cost Amount Net Gain/Loss Type Description Reported Date Base Ex Rate Shares/Par Base Base Base IT GOLDMAN SACHS GRP VAR RT 06/28/2010 9/28/2005 4,250,000.000 41,033.75 41,033.75 0.00 DD 06/28/0SSEC [D: 9/28/2005 38143UBD2OCSIJ'07522202: LONG TERM 9/28/2005 OPER-PIMCO IT GNMA GTD REMIC TR 2000-9 FH VAR RT 9/16/2005 11,422.520 1,398.66 1,398.66 0.00 02/ 16/2030SEC ID: 9/16/2005 3837H4NX9OCSF07522202: LONG TERM 9/16/2005 OPER-PIMCO IT HSBC BK USA MTN #SR00012 VAR RT 9/21/2005 250,000.000 2,242.10 2,242.10 0.00 09/21/2007 DD 09/21/04SEC ID: 9/21/2005 4042Q0AM1OCSF07522202: LONG TERM 9/21/2005 OPER-PIMCO ITC HSBC FIN CORP MTN# TR 00002 VAR RT 8/31/2005 -3,000,000.000 -25,760.00 -25,760.00 0.00 02/28/2007 DD 03/29/05SEC ID: 8/31/2005 40429JAB3OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO IT HSBC FIN CORP MTN # TR 00002 VAR RT 8/31/2005 3,000,000.000 25,480.00 25,480.00 0.00 02/28/2007 DD 03/29/05SEC ID: 8/31/2005 40429JAB3OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO IT PUBLIC SVC ELEC & GAS CO 1 ST VAR RT 9/23/2005 1,400,000.000 12,797.28 12,797.28 0.00 06/23/2006 DD 06/25/04SEC ID: 9/23/2005 744567FN3OCSF07522202: LONG TERM 9/23/2005 OPER-PIMCO IT RESIDENTIAL ASSET 03-RSl 1 AIIB VAR RT 9/28/2005 22,595.550 1,318.44 1,318.44 0.00 12/25/2033 DD 12/30/03SEC ID: 9/25/2005 760985K83OCSF07522202: LONG TERM 9/28/2005 OPER-PIMCO 9/28/2005 * IT SBA GTD DEV PARTN 2001-20C 1 6.340% 9/1/2005 276,215.980 94,905.71 94,905.71 0.00 03/01/2021SEC ID: 9/1/2005 83162CW0OCSF07522202: LONG TERM 9/1/2005 OPER-PIMCO Workbench • Actual Settle Date 77 OCSD-CONSOLIDATED -OCSG000l0000 Transaction Detail Reported by Transaction Category 9/1/2005 -9/30/2005 Tran Trade Date Settle Date Reported Date Type Description IT CD CD CD CD CD CD IT TOYOTA MTR CR MTN #TR00413 VAR RT 09/18/2006 DD 03/16/05SEC ID: 89233PTE6OCSF07522202: LONG TERM OPER-PIMCO 9/19/2005 9/18/2005 9/19/2005 9/19/2005* USTREASURY1NFLA'J'.ION lNDEXNT 3.375% 9/1/2005 01/15/2007 DD 0l/15/97SEC ID: 9128272M3OCSF07522202: LONG TERM OPll:R~PIMCO 9/1/2005 US TREASURY INFLATION INDEX NT 3.375% 9/30/2005 01/15/2007 DD 01/t5/97SEC ID: 9128272M3OCSF07522202: LONG TERM OPER-PJMCO 9/30/2005 US TREASURY INFLATION INDEX NT 3.625% 9/30/2005 01/15/2008 DD 0 l/15/98SEC ID: 9128273T7OCSF07522202: LONG TERM OPER-PIMCO 9/30/2005 US TREASURY INFLATION INDEX NT 3.875% 9/30/2005 01/15/2009 DD 01/15/99SEC ID: 9128274-Y5OCSF07522202: LONG TERM OPER-PIMCO 9/30/2005 US TREASURY INFLATION INDEXED 2.000% 9/30/2005 01/15/2014 DD 01/ 15/04SEC ID: 912828BW9OCSF07522202: LONG TERM OP ER-PIM CO 9/30/2005 US TREASURY INFLATION INDEX NT 2.000% 9/30/2005 07/15/2014 DD 07 / 15/04SEC ID: 912828CP3OCSF07522202: LONG TERM OPER-P.IMCO VIRGINIA ELEC & PWR 01 SER A 5.750% 03/31/2006 DD 03/27 /0lSEC ID: 927804EN0OCSF07522202: LONG TERM OPER-PIMCO 9/30/2005 9/30/2005 9/30/2005 9/30/2005 ·• Actual Settle Date Local Price Base Price Base Ex Rate 78 Shares/Par 2,000,000.000 0.000 0.000 0.000 0.000 0.000 0.000 1,750,000.000 Cost Base 6,272.23 3,940.98 38,096.14 11,340.00 50,540.00 472.00 14,353.00 50,312.50 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base 6,272.23 3,940.98 38,096.14 11,340.00 50,540.00 472.00 14,353.00 50,312.50 Net Gain/Loss Base 0.00 0.00 0.00 0.00 0 .00 0.00 0 .00 0.00 Wo1-kbench ., OCSD-CONSOLIDATED -OCSG000lO000 Tran Type Description Transaction Detail Reported by Transaction Category 9/1/2005-9/30/2005 Trade Date Settle Date Reported Date Local Price Base Price Base Ex Rate Shares/Par TOTAL FIXED INCOME SECURITIES U.S. DOLLAR: 33,951,150.000 TOTAL FIXED INCOME SECURITIES BASE: 33,951,150.000 TOTAL INTEREST BASE: 188,147,150.000 Cost Base 993,021.92 993,021.92 1,082,830.73 Report ID: EWBA09 Base Currency: USD Status: FINAL Amount Base Net Gain/Loss Base 993,021.92 0.00 993,021.92 0.00 1,082,830.73 0.00 TOTAL TRANSACTIONS: 199,098,082.760 -8,267,939.45 -29,531,249.05 31,643.82 Workbench ·• Actual Settle Date 79