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BEAR STEARNS & CO INC
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| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2008 | DOW CHEMICAL CO /DE/ | DOW | 834,285 | -1,726,795 | 30,743,402 | -70,214,372 | $36.85 |
| 12/31/2007 | DOW CHEMICAL CO /DE/ | DOW | 2,561,080 | 2,083,552 | 100,957,774 | 80,395,419 | $39.42 |
| 09/30/2007 | DOW CHEMICAL CO /DE/ | DOW | 477,528 | 21,659 | 20,562,355 | 403,828 | $43.06 |
| 06/30/2007 | DOW CHEMICAL CO /DE/ | DOW | 455,869 | -5,134 | 20,158,527 | -983,071 | $44.22 |
| 03/31/2007 | DOW CHEMICAL CO /DE/ | DOW | 461,003 | -1,143,098 | 21,141,598 | -42,926,196 | $45.86 |
| 12/31/2006 | DOW CHEMICAL CO /DE/ | DOW | 1,604,101 | 821,118 | 64,067,794 | 33,547,116 | $39.94 |
| 09/30/2006 | DOW CHEMICAL CO /DE/ | DOW | 782,983 | 181,329 | 30,520,678 | 7,038,122 | $38.98 |
| 06/30/2006 | DOW CHEMICAL CO /DE/ | DOW | 601,654 | 85,860 | 23,482,556 | 2,541,320 | $39.03 |
| 03/31/2006 | DOW CHEMICAL CO /DE/ | DOW | 515,794 | 55,823 | 20,941,236 | 785,307 | $40.60 |
| 12/31/2005 | DOW CHEMICAL CO /DE/ | DOW | 459,971 | 232,225 | 20,155,929 | 10,665,754 | $43.82 |
| 09/30/2005 | DOW CHEMICAL CO /DE/ | DOW | 227,746 | -111,415 | 9,490,175 | -5,612,665 | $41.67 |
| 06/30/2005 | DOW CHEMICAL CO /DE/ | DOW | 339,161 | -38,196 | 15,102,840 | -3,708,406 | $44.53 |
| 03/31/2005 | DOW CHEMICAL CO /DE/ | DOW | 377,357 | 21,141 | 18,811,246 | 1,174,992 | $49.85 |
| 12/31/2004 | DOW CHEMICAL CO /DE/ | DOW | 356,216 | 142,021 | 17,636,254 | 7,958,924 | $49.51 |
| 09/30/2004 | DOW CHEMICAL CO /DE/ | DOW | 214,195 | -3,417 | 9,677,330 | 820,521 | $45.18 |
| 06/30/2004 | DOW CHEMICAL CO /DE/ | DOW | 217,612 | -170,915 | 8,856,809 | -7,294,258 | $40.70 |
| 03/31/2004 | DOW CHEMICAL CO /DE/ | DOW | 232,544 | -155,983 | 9,366,872 | -6,784,195 | $40.28 |
| 12/31/2003 | DOW CHEMICAL CO /DE/ | DOW | 388,527 | 15,797 | 16,151,067 | 4,022,433 | $41.57 |
| 09/30/2003 | DOW CHEMICAL CO /DE/ | DOW | 372,730 | -72,141 | 12,128,634 | -1,644,573 | $32.54 |
| 06/30/2003 | DOW CHEMICAL CO /DE/ | DOW | 444,871 | -15,500 | 13,773,207 | 100,188 | $30.96 |
| 03/31/2003 | DOW CHEMICAL CO /DE/ | DOW | 503,907 | 43,536 | 13,912,872 | 239,853 | $27.61 |
| 12/31/2002 | DOW CHEMICAL CO /DE/ | DOW | 460,371 | 54,079 | 13,673,019 | 2,577,184 | $29.70 |
| 09/30/2002 | DOW CHEMICAL CO /DE/ | DOW | 406,292 | 57,159 | 11,095,835 | -907,357 | $27.31 |
| 06/30/2002 | DOW CHEMICAL CO /DE/ | DOW | 349,133 | 11,951 | 12,003,192 | 970,597 | $34.38 |
| 03/31/2002 | DOW CHEMICAL CO /DE/ | DOW | 337,182 | -64,671 | 11,032,595 | -2,541,999 | $32.72 |
| 12/31/2001 | DOW CHEMICAL CO /DE/ | DOW | 401,853 | 109,397 | 13,574,594 | 3,993,736 | $33.78 |
| 09/30/2001 | DOW CHEMICAL CO /DE/ | DOW | 292,456 | -4,441 | 9,580,858 | -290,967 | $32.76 |
| 06/30/2001 | DOW CHEMICAL CO /DE/ | DOW | 296,897 | -120,332 | 9,871,825 | -3,300,095 | $33.25 |
| 03/31/2001 | DOW CHEMICAL CO /DE/ | DOW | 417,229 | 216,145 | 13,171,920 | 5,807,218 | $31.57 |
| 12/31/2000 | DOW CHEMICAL CO /DE/ | DOW | 201,084 | -30,856 | 7,364,702 | 1,580,582 | $36.63 |
| 09/30/2000 | DOW CHEMICAL CO /DE/ | DOW | 231,940 | 79,400 | 5,784,120 | 1,179,243 | $24.94 |
| 06/30/2000 | DOW CHEMICAL CO /DE/ | DOW | 152,540 | 133,493 | 4,604,877 | 2,433,519 | $30.19 |
| 03/31/2000 | DOW CHEMICAL CO /DE/ | DOW | 19,047 | -3,350 | 2,171,358 | -821,442 | $114.00 |
| 12/31/1999 | DOW CHEMICAL CO /DE/ | DOW | 22,397 | -17,100 | 2,992,800 | -1,495,048 | $133.63 |
| 09/30/1999 | DOW CHEMICAL CO /DE/ | DOW | 39,497 | -7,140 | 4,487,848 | -1,429,222 | $113.63 |
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