Colla feral Valuation - Snmma,y LTV Or igiiial LOC OutstandIng Current Liv MkI Val. Collateral Collateral Req. Excess (Deficit) Borrowing roweri Stock Price Assumptions as of I 24-Aug-01 Enioii $36.35 Compaq S 13.65 Eli Lilly $83.61 I BA Chase Coin ass ~ 1W Total 80.0% 80.0% 80.0% $40,000,000 $15,000,000 S10,179,392 $5,742,000 57.3% $17,772,401 $ 12.724.240 $5,048,161 65.6% $8,748,475 57. 177.500 51,570,975 SI 0,000,000 $3,489,871 53.7% $6,500,179 53.400.143 4,Q3~,~9 1:1 ~ I . .. ~(s8śL1Z8d ~~:' $9,888,000 I $29,299,263 I IIIJI VIOl $33,021,056 $23ji!L~,l $6,619,136 BA -NI~L Loasi 800% $5,000,000 79.4% $6,293,216 43,276 I $5$~0~,$S2 I Toga! for BA. Chase, & Compass LM1~~4fl~S2 Ogi~iiial LOC Outstanding AvaIlable Llmme $750,000 $1,000,000 $500,000 $0 $2,250,000 SO $0 $0 SO $0 $750,000_I $1,000,000_I $500,000_j 50 I . .. ,.$~,250,000 I l3nroi~ Compaq Hi Lilly EOIT 1.Cw 100.0% 100.0% 100.0% * C'omp~ss LOC has 80% LTV on at! liquid assets held as collateral; the exception as ahe Sanders' account which consists of all. quid assets that Conipass offers the lesser of 30% L7V or SImm LOC_010824 81112002 Cj) ni n t'J C ~'C) (so ~ (5 0. 0~ ~. 0 T1 Allocation of Collateral for Secured LOC hA Chase Corn ass FU 74.5% 96.9% 72.1% 25.5% 3.1% 0.0% 0.0% 0.0% 27.9% 0.0% 0.0% 00% 0.0% 0.0% 0.0% $7,716.196 Collateral Valuation - Sunan:ary Stock Price Assurnpiioius us of I 24-Aug-U I EGiT SZO.66 I Emiron $36.35 TCW - Select $l6.311 Compaq S 13.65 TCW - Aggr. $12.29 Eli Lilly $83.61 TCW - Small $lS.64 BA I Coaiipass I 1W I Total 80.0% 80.0% Ori~i,aaI LOC (Juistandimag Current i;rv Mkt Val. Collateral Collateral Req lSxcess (t)elicil) Itortowliig l'owci li,noiil Compaq liii Lily liOll 1Cw $!6Q,3~8 I $57,~W9 I 1000% 100.0% 'TV $l,000,000 $670,000 SI 0,000,000 $6,973,000 78.2% $8,916,673 ~24~2~0 $200,423 $1,600,000 73.7% $908,750 $837.59.Q $7l,250 $l1,000,000 $9,243,000 $9,825,423 $9,553,750 $271,673 $217,338 I C/) 0 0 0 0 (DO C ~1 CD (A - CD 0- Z. CD ~ -'CD _ CD Allocation of Collateral BA Con ass FIJ 24.5% lOOQY. 17.3% 00% 19.0% 0.0% 1.2% 0.0% 38.1% 00% I.OQ 010824 81712002 Collateral Valuation Bank of Arnerzca Stock Price assumptions 24-Aug-01. Enron $36.35 TCW - Select 316.38 Compaq 313.65 TCW-Ag~. 312.29 Eli Lilly $83.67 TCW. Small S 18.64 EOTT $20.60 Outstanding Loan Balance SlO.179392 Collateral Pledged Shares Value Enron Corp. 364,157 S13.237,107 Compaq Computer 332.256 34.535.294 Total Market Value of Collateral S17,77Z.401 Less: Collateral Required (80% LTV) 57.28% SIZ.,724.240 ~ Excess (Deficit) Collateral $5,048.16 1 Borrowing Power 34,038.529 Available to Borrow S4.038.529 e en Outstanding Loan Balance S6973.OOO Collateral Pledged Shares Value Compaq 113,064 $1,543,324 Eli Lilly & Co. 20,220 51,691,807 EOTT Energy Partners 5,000 S 103,000 TCW Galileo Select Equities 131,738 $2,157,868 TCW Galileo Ag~essive Growth 37,949 $466,393 TCW Small Cap Growth 41,485 $773,280 Enron Corp. (includes additional 25,000 shares) 60,000 i~.L8LQ00 Total Market Value of CoUateral 38,916,673 Less: Collateral Required (LTV 80%) 78.20% $8,716,250 ~Excess (Deficit) Collateral SZOO,423 Borrowing Power S160,338 ~Avai1able to Borrow S160.338 Confidential Treatment Requested under FOIA LAY-SEC.] 00000021 1 74.5% 25.5% 100.0% 17.3% 19.0% I .2% 24.2% 5.2% 8.7% 24.5% 100.0% LOC..0 10824 8/7t2002 Collateral Valuation