TCR_Public/040612.mbx         T R O U B L E D   C O M P A N Y   R E P O R T E R

               Saturday, June 12, 2004, Vol. 8, No. 117

                            Headlines


ADELPHIA: Century/ML's October 2002 Monthly  Operating Report
ADELPHIA: Century/ML's November 2002 Monthly Operating Report
ADELPHIA: Century/ML's December 2002 Monthly Operating Report
ADELPHIA: Century/ML's January 2003 Monthly Operating Report
ADELPHIA: Century/ML's February 2003 Monthly Operating Report

ADELPHIA: Century/ML's March 2003 Monthly Operating Report
ADELPHIA: Century/ML's April 2003 Monthly Operating Report
ADELPHIA: Century/ML's May 2003 Monthly Operating Report
ADELPHIA: Century/ML's June 2003 Monthly Operating Report
ADELPHIA: Century/ML's July 2003 Monthly Operating Report

ADELPHIA: Century/ML's August 2003 Monthly Operating Report
ADELPHIA: Century/ML's September 2003 Monthly Operating Report
ADELPHIA: Century/ML's October 2003 Monthly Operating Report
ADELPHIA: Century/ML's November 2003 Monthly Operating Report
ADELPHIA: Century/ML's December 2003 Monthly Operating Report

ADELPHIA: Century/ML's January 2004 Monthly Operating Report
ADELPHIA: Century/ML's February 2004 Monthly Operating Report
ADELPHIA: Century/ML's March 2004 Monthly Operating Report
ADELPHIA: Century/ML's April 2004 Monthly Operating Report
DAN RIVER: Reports $4.3 Million April 2004 Net Loss

ENRON: ENA Examiner's 110th Weekly Report - Apr. 19 to 23, 2004
ENRON: ENA Examiner's 111th Weekly Report - Apr. 26 to 30, 2004
ENRON: ENA Examiner's 25th Monthly Report As of May 7, 2004
HAUSER INC: Submits Amended Monthly Operating Reports
HAWAIIAN AIRLINES: April 2004 Earnings Narrows to $2.4 Million

IMPATH INC: April 2004 Net Loss Widens to $19.9 Million
KAISER: Reports $13.3 Million Net Loss in March 2004
MIRANT: MAGI Monthly Operating Reports for January - March 2004
MIRANT CORP: January to March 2004 Monthly Operating Reports
NEWPOWER HOLDINGS: Files April 2004 Monthly Operating Report

PEGASUS: Parent's Consolidated March 31, 2004 Balance Sheet
PEGASUS: Satellite Comm's March 31, 2004 Balance Sheet
RCN CORP: Releases Financial Projections Through 2009
RELIANCE GROUP: RIC Liquidator's Status Report for Q1 2004
SPIEGEL INC: April 2004 Net Loss Narrows to $12 Million

TRENWICK GROUP: Reports Positive Net Income in April 2004
WEIRTON STEEL: April 2004 Net Income Climbs to $14.7 Million
WORLD ACCESS: Releases April 2004 Monthly Operating Reports
USG CORP: Reports $21.5 Million April 2004 Net Earnings


                            *********


ADELPHIA: Century/ML's October 2002 Monthly  Operating Report
-------------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                        As of October 31, 2002
                        (Dollars in thousands)

                               ASSETS

Property, plant and equipment --net                      $ 6,089
Intangible assets                                          1,528
Cash and cash equivalents                                  9,190
Subscriber receivables -- net                                527
Prepaid expenses and other assets -- net                  55,169
Intercompany receivables                                   1,883
                                                        --------
    Total assets                                        $ 74,386
                                                        ========

              LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                           $ 558
Subscriber advance payments and deposits                     383
Accrued interest and other liabilities                        79
Deferred income taxes                                         45
                                                        --------
                                                           1,065
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                       1,122
    Accrued interest and other liabilities                 1,313
    Intercompany payables                                 11,487
                                                        --------
       Total liabilities subject to compromise            13,922
                                                        --------
       Total liabilities                                  14,987
                                                        --------
Stockholders' equity:
    Additional paid-in capital                            56,800
    Retained earnings                                      2,599
                                                        --------
    Total stockholders' equity                            59,399
                                                        --------
    Total liabilities and stockholders' equity           $74,386
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                   Unaudited Statements of Operations
                  For the Month Ended October 31, 2002
                         (Dollars in thousands)

Revenue                                                    $ 864

Cost and expenses:
    Direct operating and programming                         325
    Selling, general and administrative                      142
    Non-recurring professional fees                           20
    Depreciation                                              79
    Management fees                                           65
                                                        --------
    Operating income before reorganization
       expenses due to bankruptcy                            233

Reorganization expenses due to bankruptcy                     60
                                                        --------
Operating income                                             173
    Interest income                                           20
                                                        --------
Income before income taxes                                   193
    Income tax expense                                        62
                                                        --------
Net income                                                 $ 255
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                   Unaudited Statements of Cash Flows
                  For the Month Ended October 31, 2002
                        (Dollars in thousands)

Cash flow from operating activities:
Net income                                                 $ 255
    Adjustments to reconcile net income
        to net cash provided by operating activities:
    Depreciation                                              79
    Reorganization expenses due to bankruptcy                 60
    Non-recurring professional fees                           20
    Change in assets and liabilities:
       Subscriber receivables -- net                           3
       Prepaid expenses and other assets -- net               (9)
       Accounts payable                                       (2)
       Subscriber advance payments and deposits               82
       Accrued interest and other liabilities                 19
                                                        --------
Net cash provided by operating activities                    507
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment           (32)
    Intercompany receivables and payables -- net             327
                                                        --------
Net cash provided by investing activities                    295
                                                        --------
Increase in cash and cash equivalents                        802
Cash and cash equivalents, beginning of period             8,388
                                                        --------
Cash and cash equivalents, end of period                  $9,190
                                                        ========


Century/ML Cable Venture is a New York joint venture of Century
Communications Corporation, a wholly owned indirect subsidiary of
Adelphia Communications Corporation, and ML Media Partners, LP.


ADELPHIA: Century/ML's November 2002 Monthly Operating Report
-------------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                       As of November 30, 2002
                        (Dollars in thousands)

                               ASSETS

Property, plant and equipment - net                      $ 6,290
Intangible assets - net                                    1,528
Cash and cash equivalents                                  9,765
Subscriber receivables - net                                 465
Prepaid expenses and other assets - net                   55,150
Intercompany receivables                                   1,680
                                                        --------
    Total assets                                         $74,878
                                                        ========

                 LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                         $ 1,102
Subscriber advance payments and deposits                     296
Accrued expenses and other liabilities                       101
Deferred income taxes                                         45
                                                        --------
                                                           1,544
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                         859
    Accrued interest and other liabilities                 1,341
    Intercompany payables                                 11,481
                                                        --------
       Total liabilities subject to compromise            13,681
                                                        --------
       Total liabilities                                  15,225
                                                        --------
Stockholders' equity:
    Additional paid-in capital                            56,800
    Retained earnings                                      2,853
                                                        --------
    Total stockholders' equity                            59,653
                                                        --------
    Total liabilities and stockholders' equity           $74,878
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                   Unaudited Statements of Operations
                 For the Month Ended November 30, 2002
                         (Dollars in thousands)

Revenues                                                   $ 872

Cost and expenses:
    Direct operating and programming                         287
    Selling, general and administrative                       91
    Non-recurring professional fees                           15
    Depreciation                                              79
    Management fees                                           59
                                                        --------
    Operating income before reorganization
       expenses due to bankruptcy                            341

Reorganization expenses due to bankruptcy                     10
                                                        --------
Operating income                                             331
    Interest income                                           10
                                                        --------
Income before income taxes                                   341
    Income tax expense                                       (87)
                                                        --------
Net income                                                 $ 254
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                   Unaudited Statements of Cash Flows
                 For the Month Ended November 30, 2002
                        (Dollars in thousands)

Cash flow from operating activities:
Net income                                                 $ 254
    Adjustments to reconcile net income
        to net cash provided by operating activities:
    Depreciation                                              79
    Reorganization expenses due to bankruptcy                 10
    Non-recurring professional fees                           15
    Change in assets and liabilities:
       Subscriber receivables - net                           62
       Prepaid expenses and other assets - net                19
       Accounts payable                                      256
       Subscriber advance payments and deposits              (87)
       Accrued interest and other liabilities                 50
                                                        --------
Net cash provided by operating activities                    658
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment          (280)
    Intercompany receivables and payables - net              197
                                                        --------
Net cash (used for) provided by investing activities         (83)
                                                        --------
Increase in cash and cash equivalents                        575
Cash and cash equivalents, beginning of period             9,190
                                                        --------
Cash and cash equivalents, end of period                 $ 9,765
                                                        ========

ADELPHIA: Century/ML's December 2002 Monthly Operating Report
-------------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                       As of December 31, 2002
                        (Dollars in thousands)

                               ASSETS

Property, plant and equipment - net                      $ 6,487
Intangible assets                                          1,528
Cash and cash equivalents                                  9,818
Subscriber receivables - net                                 433
Prepaid expenses and other assets - net                   55,166
Intercompany receivables                                   1,542
Related party receivables                                    231
                                                        --------
    Total assets                                         $75,205
                                                        ========

                 LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                         $ 1,130
Subscriber advance payments and deposits                     332
Accrued expenses and other liabilities                       191
Deferred income taxes                                         45
                                                        --------
                                                           1,698
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                         901
    Accrued expenses and other liabilities                 1,155
    Intercompany payables                                 11,712
                                                        --------
       Total liabilities subject to compromise            13,768
                                                        --------
       Total liabilities                                  15,466
                                                        --------
Stockholders' equity:
    Additional paid-in capital                            56,800
    Retained earnings                                      2,939
                                                        --------
    Total stockholders' equity                            59,739
                                                        --------
    Total liabilities and stockholders' equity           $75,205
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                   Unaudited Statements of Operations
                  For the Month Ended December 31, 2002
                         (Dollars in thousands)

Revenue                                                    $ 870

Cost and expenses:
    Direct operating and programming                         348
    Selling, general and administrative                      115
    Management fees                                           65
    Non-recurring professional fees                           36
    Depreciation                                              89
                                                        --------
    Operating income before reorganization
       expenses due to bankruptcy                            217

Reorganization expenses due to bankruptcy                      5
                                                        --------
Operating income                                             212
    Interest income                                           10
                                                        --------
Income before income taxes                                   222
    Income tax expense                                        98
                                                        --------
Net income                                                 $ 124
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                   Unaudited Statements of Cash Flows
                 For the Month Ended December 31, 2002
                        (Dollars in thousands)

Cash flow from operating activities:
Net income                                                 $ 124
    Adjustments to reconcile net income
        to net cash provided by operating activities:
    Depreciation                                              89
    Reorganization expenses due to bankruptcy                  5
    Non-recurring professional fees                           36
    Change in assets and liabilities:
       Subscriber receivables - net                           32
       Prepaid expenses and other assets - net               (16)
       Accounts payable                                       (9)
       Subscriber advance payments and deposits               36
       Accrued interest and other liabilities                (96)
                                                        --------
Net cash provided by operating activities                    201
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment          (286)
    Intercompany receivables and payables - net              138
                                                        --------
Net cash (used for) provided by investing activities        (148)
                                                        --------
Increase in cash and cash equivalents                         53
Cash and cash equivalents, beginning of period             9,765
                                                        --------
Cash and cash equivalents, end of period                 $ 9,818
                                                        ========


ADELPHIA: Century/ML's January 2003 Monthly Operating Report
------------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                        As of January 31, 2003
                        (Dollars in thousands)

                               ASSETS

Property, plant and equipment - net                      $ 6,234
Intangible assets - net                                    1,528
Cash and cash equivalents                                 10,332
Subscriber receivables - net                                 458
Prepaid expenses and other assets - net                  102,603
Intercompany receivables                                      --
Related party receivables                                    231
                                                        --------
    Total assets                                       $ 121,386
                                                        ========

                 LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                            $ 34
Subscriber advance payments and deposits                     379
Accrued expenses and other liabilities                       282
Intercompany payables                                      1,366
Deferred income taxes                                         45
                                                        --------
                                                           2,106
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,071
    Intercompany payables                                 10,917
                                                        --------
    Total liabilities subject to compromise               12,008
                                                        --------
       Total liabilities                                  14,114
                                                        --------
Stockholder's equity:
    Additional paid-in capital                            56,800
    Retained earnings                                     50,472
                                                        --------
       Total stockholders' equity                        107,272
                                                        --------
       Total liabilities and stockholders' equity      $ 121,386
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Operations
                  For the Month Ended January 31, 2003
                        (Dollars in thousands)

Revenues                                                   $ 878

Cost and expenses:
    Direct operating and programming                         333
    Selling, general and administrative                      100
    Non-recurring professional fees                           28
    Depreciation                                              80
    Management fees                                           65
                                                        --------
    Operating income before reorganization expenses
       due to bankruptcy                                     272

Reorganization expenses due to bankruptcy                    ---
                                                        --------
Operating income                                             272
    Interest income                                            7
    Equity in income of subsidiary                         5,527
                                                        --------
Income before income taxes                                 5,806
    Income tax expense                                       116
                                                        --------
Net income                                               $ 5,690
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Cash Flows
                 For the Month Ended January 31, 2003
                        (Dollars in thousands)

Cash flows from operating activities:
    Net income                                           $ 5,690
    Adjustments to reconcile net income to net
       cash provided by operating activities:
       Depreciation                                           80
       Reorganization expenses due to bankruptcy              --
       Non-recurring professional fees                        28
       Equity in income subsidiary                        (5,527)
    Change in assets and liabilities:
       Subscriber receivables - net                          (25)
       Prepaid expenses and other assets - net               (67)
       Accounts payable                                   (2,005)
       Subscriber advance payments and deposits               47
       Accrued interest and other liabilities                  7
                                                        --------
Net cash used in operating activities                     (1,772)
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment           173
    Intercompany receivables and payables - net            2,113
                                                        --------
Net cash provided by investing activities                  2,286
                                                        --------
Increase in cash and cash equivalents                        514
Cash and cash equivalents, beginning of period             9,818
                                                        --------
Cash and cash equivalents, end of period                $ 10,332
                                                        ========


ADELPHIA: Century/ML's February 2003 Monthly Operating Report
-------------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                        As of February 28, 2003
                        (Dollars in thousands)

                               ASSETS

Property, plant and equipment - net                      $ 6,188
Intangible assets - net                                    1,528
Cash and cash equivalents                                 10,880
Subscriber receivables - net                                 438
Prepaid expenses and other assets - net                  103,553
Related party receivables                                    231
                                                        --------
    Total assets                                        $122,818
                                                        ========

              LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                            $ 45
Subscriber advance payments and deposits                     261
Accrued expenses and other liabilities                       267
Intercompany payables                                      1,747
Deferred income taxes                                         45
                                                        --------
                                                           2,365
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,071
    Intercompany payables                                 10,917
                                                        --------
       Total liabilities subject to compromise            12,008
                                                        --------
       Total liabilities                                  14,373
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           51,645
                                                        --------
       Total partners' equity                            108,445
                                                        --------
       Total liabilities and partners' equity          $ 122,818
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Operations
                 For the Month Ended February 28, 2003
                        (Dollars in thousands)

Revenue                                                    $ 876

Cost and expenses:
    Direct operating and programming                         364
    Selling, general and administrative                       94
    Non-recurring professional fees                           38
    Depreciation                                              83
    Management fees                                           62
                                                        --------
       Operating income before reorganization
          expenses due to bankruptcy                         235

Reorganization expenses due to bankruptcy                    ---
                                                        --------
Operating income                                             235
    Interest income                                            7
    Equity in net income of Century-ML Cable
       Corporation                                         1,018
                                                        --------
Income before income taxes                                 1,260
    Income tax expense                                        87
                                                        --------
Net income                                               $ 1,173
                                                        --------


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Cash Flows
                 For the Month Ended February 28, 2003
                        (Dollars in thousands)

Cash flows from operating activities:
    Net income                                           $ 1,173
    Adjustments to reconcile net income to net
       Cash provided by (used in) operating
          activities:
    Depreciation                                              83
    Reorganization expenses due to bankruptcy                 --
    Non-recurring professional fees                           38
    Equity in net income of Century-ML Cable
       Corporation                                        (1,018)
    Change in assets in liabilities:
       Subscriber receivables - net                           20
       Prepaid expenses and other assets - net                68
       Accounts payable                                      (27)
       Subscriber advance payments and deposits             (118)
       Accrued interest and other liabilities                (15)
                                                        --------
Net cash provided by operating activities                    204
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment           (37)
    Intercompany receivables and payables -- net             381
                                                        --------
Net cash provided by investing activities                    344

Increase in cash and cash equivalents                        548
Cash and cash equivalents, beginning of period            10,332
                                                        --------
Cash and cash equivalents, end of period                $ 10,880
                                                        ========


ADELPHIA: Century/ML's March 2003 Monthly Operating Report
----------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                        As of March 31, 2003
                        (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                               $ 11,246
Subscriber receivables - net                                 475
Prepaid expenses and other assets - net                  104,415
Related party receivables                                    231
Property, plant and equipment - net                        6,120
Intangible assets - net                                    1,528
                                                        --------
    Total assets                                       $ 124,015
                                                        ========

                 LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                             $ 1
Subscriber advance payments and deposits                     334
Accrued expenses and other liabilities                       412
Intercompany payables                                      1,777
Deferred income taxes                                         45
                                                        --------
                                                           2,569
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,071
    Intercompany payables                                 10,924
                                                        --------
    Total liabilities subject to compromise               12,015
                                                        --------
       Total liabilities                                  14,584
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           52,631
                                                        --------
    Total partners' equity                               109,431
                                                        --------
    Total liabilities and partners' equity             $ 124,015
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Operations
                  For the Month Ended March 31, 2003
                        (Dollars in thousands)

Revenue                                                    $ 992

Cost and expenses:
    Direct operating and programming                         403
    Selling, general and administrative                      100
    Non-recurring professional fees                           34
    Depreciation                                              81
    Management fees                                           73
                                                        --------
    Operating income before reorganization expenses
       due to bankruptcy                                     231

Reorganization expenses due to bankruptcy                     25
                                                        --------
Operating income                                             206
    Interest income                                            7
    Equity in net income of Century-ML Cable
       Corporation                                           863
                                                        --------
Income before income taxes                                 1,076
    Income tax expense                                       (90)
                                                        --------
Net income                                                 $ 986
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Cash Flows
                  For the Month Ended March 31, 2003
                        (Dollars in thousands)

Cash flows from operating activities:
    Net income                                             $ 986
    Adjustments to reconcile net income to net
       cash provided by operating activities:
       Depreciation                                           81
       Reorganization expenses due to bankruptcy              25
       Non-recurring professional fees                        34
       Equity in net income of Century-ML Cable
          Corporation                                       (863)
    Change in assets and liabilities:
       Subscriber receivables - net                          (37)
       Prepaid expenses and other assets - net                 1
       Accounts payable                                      (78)
       Subscriber advance payments and deposits               73
       Accrued interest and other liabilities                120
                                                        --------
Net cash used in operating activities                        342
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment           (13)
    Intercompany receivables and payables - net               37
                                                        --------
Net cash provided by investing activities                     24
                                                        --------
Increase in cash and cash equivalents                        366
Cash and cash equivalents, beginning of period            10,880
                                                        --------
Cash and cash equivalents, end of period                $ 11,246
                                                        ========


ADELPHIA: Century/ML's April 2003 Monthly Operating Report
----------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                         As of April 30, 2003
                        (Dollars in thousands)

                               ASSETS
Cash and cash equivalents                               $ 11,314
Subscriber receivables - net                                 493
Prepaid expenses and other assets - net                      159
Investment in Century-ML Cable Corporation               105,398
Related party receivables                                    231
Property, plant and equipment - net                        6,144
Intangible assets - net                                    1,528
                                                        --------
    Total assets                                       $ 125,267
                                                        ========

                 LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                            $ 12
Subscriber advance payments and deposits                     343
Accrued expenses and other liabilities                       388
Intercompany payables                                      1,507
Deferred income taxes                                         45
                                                        --------
                                                           2,295
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,072
    Intercompany payables                                 10,924
                                                        --------
    Total liabilities subject to compromise               12,016
                                                        --------
       Total liabilities                                  14,311
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           54,156
                                                        --------
    Total partners' equity                               110,956
                                                        --------
    Total liabilities and partners' equity              $125,267
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Operations
                  For the Month Ended April 30, 2003
                        (Dollars in thousands)

Revenue                                                  $ 1,052

Cost and expenses:
    Direct operating and programming                         317
    Selling, general and administrative                      131
    Non-recurring professional fees                          (78)
    Depreciation                                              81
    Management fees                                           61
                                                        --------
    Operating income before reorganization expenses
       due to bankruptcy                                     540

Reorganization expenses due to bankruptcy                     10
                                                        --------
Operating income                                             530
    Interest income                                            6
    Equity in net income of Century-ML Cable
       Corporation                                         1,147
                                                        --------
Income before income taxes                                 1,683
    Income tax expense                                      (158)
                                                        --------
Net income                                               $ 1,525
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Cash Flows
                  For the Month Ended April 30, 2003
                        (Dollars in thousands)

Cash flows from operating activities:
    Net income                                           $ 1,525
    Adjustments to reconcile net income to net
       cash provided by operating activities:
       Depreciation                                           81
       Reorganization expenses due to bankruptcy              10
       Non-recurring professional fees                       (78)
       Equity in net income of Century-ML Cable
          Corporation                                     (1,147)
    Change in assets and liabilities:
       Subscriber receivables - net                          (18)
       Prepaid expenses and other assets - net                 5
       Accounts payable                                       89
       Subscriber advance payments and deposits                9
       Accrued interest and other liabilities                (33)
                                                        --------
Net cash used in operating activities                        443
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment          (105)
    Intercompany receivables and payables - net             (270)
                                                        --------
Net cash provided by investing activities                   (375)
                                                        --------
Change in cash and cash equivalents                           68
Cash and cash equivalents, beginning of period            11,246
                                                        --------
Cash and cash equivalents, end of period                $ 11,314
                                                        ========


ADELPHIA: Century/ML's May 2003 Monthly Operating Report
--------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                         As of May 31, 2003
                        (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                               $ 11,454
Subscriber receivables - net                                 479
Prepaid expenses and other assets - net                      153
Investment in Century-ML Cable Corporation               107,639
Related party receivables                                    231
Property, plant and equipment - net                        6,110
Intangible assets -- net                                   1,528
                                                        --------
    Total assets                                       $ 127,594
                                                        ========

                 LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                            $ 21
Subscriber advance payments and deposits                     321
Accrued expenses and other liabilities                       547
Intercompany payables                                        997
Deferred income taxes                                         45
                                                        --------
                                                           1,931
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,072
    Intercompany payables                                 11,156
                                                        --------
    Total liabilities subject to compromise               12,248
                                                        --------
       Total liabilities                                  14,179
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           56,615
                                                        --------
    Total partners' equity                               113,415
                                                        --------
    Total liabilities and partners' equity             $ 127,594
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Operations
                  For the Month Ended May 31, 2003
                        (Dollars in thousands)

Revenue                                                    $ 906

Cost and expenses:
    Direct operating and programming                         365
    Selling, general and administrative                      104
    Non-recurring professional fees                         (149)
    Depreciation                                              80
    Management fees                                           76
                                                        --------
    Operating income before reorganization expenses
       due to bankruptcy                                     430

Reorganization expenses due to bankruptcy                     10
                                                        --------
Operating income                                             420
    Interest income                                            9
    Equity in net income of Century-ML Cable
       Corporation                                         2,242
                                                        --------
Income before income taxes                                 2,671
    Income tax expense                                      (212)
                                                        --------
Net income                                               $ 2,459
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Cash Flows
                  For the Month Ended May 31, 2003
                        (Dollars in thousands)

Cash flows from operating activities:
    Net income                                           $ 2,459
    Adjustments to reconcile net income to net
       cash provided by operating activities:
       Depreciation                                           80
       Reorganization expenses due to bankruptcy              10
       Non-recurring professional fees                      (149)
       Equity in net income of Century-ML Cable
          Corporation                                     (2,242)
    Change in assets and liabilities:
       Subscriber receivables - net                           14
       Prepaid expenses and other assets - net                 7
       Accounts payable                                      158
       Subscriber advance payments and deposits              (22)
       Accrued interest and other liabilities                149
                                                        --------
Net cash used in operating activities                        464
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment           (46)
    Intercompany receivables and payables - net             (278)
                                                        --------
Net cash provided by investing activities                   (324)
                                                        --------
Change in cash and cash equivalents                          140
Cash and cash equivalents, beginning of period            11,314
                                                        --------
Cash and cash equivalents, end of period                $ 11,454
                                                        ========


ADELPHIA: Century/ML's June 2003 Monthly Operating Report
---------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                         As of June 30, 2003
                        (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                               $ 11,885
Subscriber receivables - net                                 472
Prepaid expenses and other assets - net                      139
Investment in Century-ML Cable Corporation               109,286
Related party receivables                                    231
Property, plant and equipment - net                        6,063
Intangible assets - net                                    1,528
                                                        --------
    Total assets                                        $129,604
                                                        ========

                 LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                            $22
Subscriber advance payments and deposits                     311
Accrued expenses and other liabilities                       507
Intercompany payables                                      1,159
Deferred income taxes                                         45
                                                        --------
                                                           2,044
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,071
    Intercompany payables                                 11,153
                                                        --------
    Total liabilities subject to compromise               12,244
                                                        --------
       Total liabilities                                  14,288
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           58,516
                                                        --------
    Total partners' equity                               115,316
                                                        --------
    Total liabilities and partners' equity             $ 129,604
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Operations
                  For the Month Ended June 30, 2003
                        (Dollars in thousands)

Revenue                                                    $ 996

Cost and expenses:
    Direct operating and programming                         340
    Selling, general and administrative                      115
    Non-recurring professional fees                           --
    Depreciation                                              82
    Management fees                                           36
                                                        --------
    Operating income before reorganization expenses
       due to bankruptcy                                     423

Reorganization expenses due to bankruptcy                     10
                                                        --------
Operating income                                             413
    Interest income                                           10
    Equity in net income of Century-ML Cable
       Corporation                                         1,647
                                                        --------
Income before income taxes                                 2,070
    Income tax expense                                      (169)
                                                        --------
Net income                                               $ 1,901
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Cash Flows
                  For the Month Ended June 30, 2003
                        (Dollars in thousands)

Cash flows from operating activities:
    Net income                                           $ 1,901
    Adjustments to reconcile net income to net
       cash provided by operating activities:
       Depreciation                                           82
       Reorganization expenses due to bankruptcy              10
       Non-recurring professional fees                        --
       Equity in net income of Century-ML Cable
          Corporation                                     (1,647)
    Change in assets and liabilities:
       Subscriber receivables - net                            7
       Prepaid expenses and other assets - net                14
       Accounts payable                                        1
       Subscriber advance payments and deposits              (10)
       Accrued interest and other liabilities                (51)
                                                        --------
Net cash used in operating activities                        307
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment           (35)
    Intercompany receivables and payables - net              159
                                                        --------
Net cash provided by investing activities                    124
                                                        --------
Change in cash and cash equivalents                          431
Cash and cash equivalents, beginning of period            11,454
                                                        --------
Cash and cash equivalents, end of period                $ 11,885
                                                        ========


ADELPHIA: Century/ML's July 2003 Monthly Operating Report
---------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                         As of July 31, 2003
                        (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                               $ 12,139
Subscriber receivables - net                                 516
Prepaid expenses and other assets - net                       69
Investment in Century-ML Cable Corporation               110,329
Related party receivables                                    231
Property, plant and equipment - net                        6,067
Intangible assets - net                                    1,528
                                                        --------
    Total assets                                       $ 130,879
                                                        ========

                 LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                             $ 9
Subscriber advance payments and deposits                     393
Accrued expenses and other liabilities                       555
Intercompany payables                                      1,092
Deferred income taxes                                         45
                                                        --------
                                                           2,094
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,071
    Intercompany payables                                 11,153
                                                        --------
    Total liabilities subject to compromise               12,244
                                                        --------
       Total liabilities                                  14,388
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           59,741
                                                        --------
    Total partners' equity                               116,541
                                                        --------
    Total liabilities and partners' equity              $130,879
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Operations
                  For the Month Ended July 31, 2003
                        (Dollars in thousands)

Revenue                                                    $ 890

Cost and expenses:
    Direct operating and programming                         353
    Selling, general and administrative                      131
    Non-recurring professional fees                           --
    Depreciation                                              79
    Management fees                                           32
                                                        --------
    Operating income before reorganization expenses
       due to bankruptcy                                     295

Reorganization expenses due to bankruptcy                     10
                                                        --------
Operating income                                             285
    Interest income                                           11
    Equity in net income of Century-ML Cable
       Corporation                                         1,043
                                                        --------
Income before income taxes                                 1,339
    Income tax expense                                      (114)
                                                        --------
Net income                                               $ 1,225
                                                        ========

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Cash Flows
                  For the Month Ended July 31, 2003
                        (Dollars in thousands)

Cash flows from operating activities:
    Net income                                           $ 1,225
    Adjustments to reconcile net income to net
       cash provided by operating activities:
       Depreciation                                           79
       Reorganization expenses due to bankruptcy              10
       Non-recurring professional fees                        --
       Equity in net income of Century-ML Cable
          Corporation                                     (1,043)
    Change in assets and liabilities:
       Subscriber receivables - net                          (44)
       Prepaid expenses and other assets - net                70
       Accounts payable                                      (13)
       Subscriber advance payments and deposits               82
       Accrued interest and other liabilities                 38
                                                        --------
Net cash used in operating activities                        404
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment           (83)
    Intercompany receivables and payables - net              (67)
                                                        --------
Net cash provided by investing activities                   (150)
                                                        --------
Change in cash and cash equivalents                          254
Cash and cash equivalents, beginning of period            11,885
                                                        --------
Cash and cash equivalents, end of period                $ 12,139
                                                        ========


ADELPHIA: Century/ML's August 2003 Monthly Operating Report
-----------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                         As of August 31, 2003
                        (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                               $ 12,420
Subscriber receivables - net                                 446
Prepaid expenses and other assets - net                       38
Investment in Century-ML Cable Corporation               111,231
Related party receivables                                    231
Property, plant and equipment - net                        6,065
Intangible assets - net                                    1,528
                                                        --------
    Total assets                                       $ 131,959
                                                        ========

                 LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                            $ 44
Subscriber advance payments and deposits                     307
Accrued expenses and other liabilities                       593
Intercompany payables                                      1,121
Deferred income taxes                                         45
                                                        --------
                                                           2,110
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,071
    Intercompany payables                                 11,153
                                                        --------
    Total liabilities subject to compromise               12,244
                                                        --------
       Total liabilities                                  14,354
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           60,805
                                                        --------
    Total partners' equity                               117,605
                                                        --------
    Total liabilities and partners' equity             $ 131,959
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Operations
                  For the Month Ended August 31, 2003
                        (Dollars in thousands)

Revenue                                                    $ 929

Cost and expenses:
    Direct operating and programming                         384
    Selling, general and administrative                      124
    Non-recurring professional fees                           --
    Depreciation                                              80
    Management fees                                           32
                                                        --------
    Operating income before reorganization expenses
       due to bankruptcy                                     309

Reorganization expenses due to bankruptcy                     10
                                                        --------
Operating income                                             299
    Interest income                                            9
    Equity in net income of Century-ML Cable
       Corporation                                           902
                                                        --------
Income before income taxes                                 1,210
    Income tax expense                                      (146)
                                                        --------
Net income                                               $ 1,064
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Cash Flows
                  For the Month Ended August 31, 2003
                        (Dollars in thousands)

Cash flows from operating activities:
    Net income                                           $ 1,064
    Adjustments to reconcile net income to net
       cash provided by operating activities:
       Depreciation                                           80
       Reorganization expenses due to bankruptcy              10
       Non-recurring professional fees                        --
       Equity in net income of Century-ML Cable
          Corporation                                       (902)
    Change in assets and liabilities:
       Subscriber receivables - net                           70
       Prepaid expenses and other assets - net                31
       Accounts payable                                       35
       Subscriber advance payments and deposits              (86)
       Accrued interest and other liabilities                 28
                                                        --------
Net cash used in operating activities                        330
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment           (78)
    Intercompany receivables and payables - net               29
                                                        --------
Net cash provided by investing activities                    (49)
                                                        --------
Change in cash and cash equivalents                          281
Cash and cash equivalents, beginning of period            12,139
                                                        --------
Cash and cash equivalents, end of period                $ 12,420
                                                        ========


ADELPHIA: Century/ML's September 2003 Monthly Operating Report
--------------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                       As of September 30, 2003
                        (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                               $ 12,441
Subscriber receivables - net                                 512
Prepaid expenses and other assets - net                       13
Investment in Century-ML Cable Corporation               112,897
Related party receivables                                    231
Property, plant and equipment - net                        6,230
Intangible assets - net                                    1,528
                                                        --------
    Total assets                                       $ 133,852
                                                        ========

                 LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                           $ 267
Subscriber advance payments and deposits                     337
Accrued expenses and other liabilities                       491
Intercompany payables                                        908
Deferred income taxes                                         45
                                                        --------
                                                           2,048
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,071
    Intercompany payables                                 11,153
                                                        --------
    Total liabilities subject to compromise               12,244
                                                        --------
       Total liabilities                                  14,292
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           62,760
                                                        --------
    Total partners' equity                               119,560
                                                        --------
    Total liabilities and partners' equity              $133,852
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Operations
                For the Month Ended September 30, 2003
                        (Dollars in thousands)

Revenue                                                  $ 1,107

Cost and expenses:
    Direct operating and programming                         340
    Selling, general and administrative                      219
    Non-recurring professional fees                           --
    Depreciation                                              80
    Management fees                                           41
                                                        --------
    Operating income before reorganization expenses
       due to bankruptcy                                     427

Reorganization expenses due to bankruptcy                     10
                                                        --------
Operating income                                             417
    Interest income                                           10
    Equity in net income of Century-ML Cable
       Corporation                                         1,666
                                                        --------
Income before income taxes                                 2,093
    Income tax expense                                      (138)
                                                        --------
Net income                                               $ 1,955
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Cash Flows
                For the Month Ended September 30, 2003
                        (Dollars in thousands)

Cash flows from operating activities:
    Net income                                           $ 1,955
    Adjustments to reconcile net income to net
       cash provided by operating activities:
       Depreciation                                           80
       Reorganization expenses due to bankruptcy              10
       Non-recurring professional fees                        --
       Equity in net income of Century-ML Cable
          Corporation                                     (1,666)
    Change in assets and liabilities:
       Subscriber receivables - net                          (66)
       Prepaid expenses and other assets - net                25
       Accounts payable                                      223
       Subscriber advance payments and deposits               30
       Accrued interest and other liabilities               (112)
                                                        --------
Net cash used in operating activities                        479
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment          (245)
    Intercompany receivables and payables - net             (213)
                                                        --------
Net cash provided by investing activities                   (458)
                                                        --------
Change in cash and cash equivalents                           21
Cash and cash equivalents, beginning of period            12,420
                                                        --------
Cash and cash equivalents, end of period                $ 12,441
                                                        ========


ADELPHIA: Century/ML's October 2003 Monthly Operating Report
------------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                        As of October 31, 2003
                        (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                               $ 12,625
Subscriber receivables - net                                 473
Prepaid expenses and other assets - net                       54
Investment in Century-ML Cable Corporation               114,083
Related party receivables                                    231
Property, plant and equipment - net                        6,265
Intangible assets                                          1,528
                                                        --------
    Total assets                                       $ 135,259
                                                        ========

                 LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                            $ 82
Subscriber advance payments and deposits                     357
Accrued expenses and other liabilities                       579
Intercompany payables                                        990
Deferred income taxes                                         45
                                                        --------
                                                           2,053
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,071
    Intercompany payables                                 11,153
                                                        --------
    Total liabilities subject to compromise               12,244
                                                        --------
       Total liabilities                                  14,297
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           64,162
                                                        --------
    Total partners' equity                               120,962
                                                        --------
    Total liabilities and partners' equity             $ 135,259
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Operations
                 For the Month Ended October 31, 2003
                        (Dollars in thousands)

Revenue                                                    $ 875

Cost and expenses:
    Direct operating and programming                         419
    Selling, general and administrative                       --
    Management fees                                           32
    Non-recurring professional fees                           --
    Depreciation                                              80
                                                        --------
    Operating income before reorganization expenses
       due to bankruptcy                                     344

Reorganization expenses due to bankruptcy                     10
                                                        --------
Operating income                                            [334]
    Interest income                                           10
    Equity in net income of Century-ML Cable
       Corporation - net of taxes                          1,186
                                                        --------
Income before income taxes                                 1,530
    Income tax expense                                      (128)
                                                        --------
Net income                                               $ 1,402
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Cash Flows
                 For the Month Ended October 31, 2003
                        (Dollars in thousands)

Cash flows from operating activities:
    Net income                                           $ 1,402
    Adjustments to reconcile net income to net
       cash provided by operating activities:
       Depreciation                                           80
       Reorganization expenses due to bankruptcy              10
       Non-recurring professional fees                        --
       Equity in net income of Century-ML Cable
          Corporation - net of taxes                      (1,186)
    Change in assets and liabilities:
       Subscriber receivables - net                           39
       Prepaid expenses and other assets - net               (41)
       Accounts payable                                     (185)
       Subscriber advance payments and deposits               20
       Accrued expenses and other liabilities                 78
       Intercompany receivables and payables - net            82
                                                        --------
Net cash provided by operating activities                    299
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment          (115)
                                                        --------
Net cash provided by investing activities                   (115)
                                                        --------
Change in cash and cash equivalents                          184
Cash and cash equivalents, beginning of period            12,441
                                                        --------
Cash and cash equivalents, end of period                $ 12,625
                                                        ========


ADELPHIA: Century/ML's November 2003 Monthly Operating Report
-------------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                        As of November 30, 2003
                        (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                               $ 12,918
Subscriber receivables - net                                 451
Prepaid expenses and other assets - net                      160
Investment in Century-ML Cable Corporation               115,460
Related party receivables                                    231
Property, plant and equipment - net                        6,296
Intangible assets                                          1,528
                                                        --------
    Total assets                                       $ 137,044
                                                        ========

                 LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                            $ 79
Subscriber advance payments and deposits                     262
Accrued expenses and other liabilities                       847
Intercompany payables                                      1,046
Deferred income taxes                                         45
                                                        --------
                                                           2,279
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,071
    Intercompany payables                                 11,153
                                                        --------
    Total liabilities subject to compromise               12,244
                                                        --------
       Total liabilities                                  14,523
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           65,721
                                                        --------
    Total partners' equity                               122,521
                                                        --------
    Total liabilities and partners' equity              $137,044
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Operations
                 For the Month Ended November 30, 2003
                        (Dollars in thousands)

Revenue                                                    $ 919

Cost and expenses:
    Direct operating and programming                         400
    Selling, general and administrative                      122
    Management fees                                           34
    Non-recurring professional fees                           --
    Depreciation                                              87
                                                        --------
    Operating income before reorganization expenses
       due to bankruptcy                                     276

Reorganization expenses due to bankruptcy                     10
                                                        --------
Operating income                                             266
    Interest income                                           14
    Equity in net income of Century-ML Cable
       Corporation - net of taxes                          1,377
                                                        --------
Income before income taxes                                 1,657
    Income tax expense                                       (98)
                                                        --------
Net income                                               $ 1,559
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Cash Flows
                 For the Month Ended November 30, 2003
                        (Dollars in thousands)

Cash flows from operating activities:
    Net income                                           $ 1,559
    Adjustments to reconcile net income to net
       cash provided by operating activities:
       Depreciation                                           87
       Reorganization expenses due to bankruptcy              10
       Non-recurring professional fees                        --
       Equity in net income of Century-ML Cable
          Corporation - net of taxes                      (1,377)
    Change in assets and liabilities:
       Subscriber receivables - net                           22
       Prepaid expenses and other assets - net              (106)
       Accounts payable                                      (3)
       Subscriber advance payments and deposits              (95)
       Accrued expenses and other liabilities                258
       Intercompany receivables and payables - net            56
                                                        --------
Net cash provided by operating activities                    411
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment          (118)
                                                        --------
Net cash provided by investing activities                   (118)
                                                        --------
Change in cash and cash equivalents                          293
Cash and cash equivalents, beginning of period            12,625
                                                        --------
Cash and cash equivalents, end of period                $ 12,918
                                                        ========


ADELPHIA: Century/ML's December 2003 Monthly Operating Report
-------------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                       As of December 31, 2003
                        (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                               $ 13,088
Subscriber receivables - net                                 469
Prepaid expenses and other assets - net                      172
Investment in Century-ML Cable Corporation               116,972
Related party receivables                                    231
Property, plant and equipment - net                        6,398
Intangible assets                                          1,528
                                                        --------
    Total assets                                       $ 138,858
                                                        ========

                 LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                            $ 20
Subscriber advance payments and deposits                     342
Accrued expenses and other liabilities                       861
Intercompany payables                                      1,204
Deferred income taxes                                         45
                                                        --------
                                                           2,472
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,072
    Intercompany payables                                 11,152
                                                        --------
    Total liabilities subject to compromise               12,244
                                                        --------
       Total liabilities                                  14,716
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           67,342
                                                        --------
    Total partners' equity                               124,142
                                                        --------
    Total liabilities and partners' equity             $ 138,858
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Operations
                 For the Month Ended December 31, 2003
                        (Dollars in thousands)

Revenue                                                    $ 927

Cost and expenses:
    Direct operating and programming                         314
    Selling, general and administrative                      132
    Management fees                                           35
    Non-recurring professional fees                           --
    Depreciation                                              83
                                                        --------
    Operating income before reorganization expenses
       due to bankruptcy                                     363

Reorganization expenses due to bankruptcy                     10
                                                        --------
Operating income                                             353
    Interest income                                           11
    Equity in net income of Century-ML Cable
       Corporation - net of taxes                          1,513
                                                        --------
Income before income taxes                                 1,877
    Income tax expense                                      (256)
                                                        --------
Net income                                               $ 1,621
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Cash Flows
                 For the Month Ended December 31, 2003
                        (Dollars in thousands)

Cash flows from operating activities:
    Net income                                           $ 1,621
    Adjustments to reconcile net income to net
       cash provided by operating activities:
       Depreciation                                           83
       Reorganization expenses due to bankruptcy              10
       Non-recurring professional fees                        --
       Equity in net income of Century-ML Cable
          Corporation - net of taxes                      (1,513)
    Change in assets and liabilities:
       Subscriber receivables - net                          (18)
       Prepaid expenses and other assets - net               (11)
       Accounts payable                                      (59)
       Subscriber advance payments and deposits               80
       Accrued expenses and other liabilities                  5
       Intercompany receivables and payables - net           157
                                                        --------
Net cash provided by operating activities                    355
                                                        --------
Cash flows from investing activities:
    Expenditures for property, plant and equipment          (185)
                                                        --------
Net cash used in investing activities                       (185)
                                                        --------
Change in cash and cash equivalents                          170
Cash and cash equivalents, beginning of period            12,918
                                                        --------
Cash and cash equivalents, end of period                $ 13,088
                                                        ========


ADELPHIA: Century/ML's January 2004 Monthly Operating Report
------------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                        As of January 31, 2004
                        (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                               $ 12,123
Subscriber receivables - net                                 482
Prepaid expenses and other assets - net                      234
Investment in Century-ML Corporation                     118,214
Related party receivables                                    867
Property, plant and equipment - net                        6,372
Intangible assets                                          1,528
                                                        --------
    Total assets                                       $ 139,820
                                                        ========
              LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                            $ 71
Subscriber advance payments and deposits                     377
Accrued expenses and other liabilities                       985
Intercompany payables                                        487
Deferred income taxes                                         45
                                                        --------
                                                           1,965
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,072
    Intercompany payables                                 11,152
                                                        --------
       Total liabilities subject to compromise            12,244
                                                        --------
       Total liabilities                                  14,209
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           68,811
                                                        --------
    Total partners' equity                               125,611
                                                        --------
    Total liabilities and partners' equity             $ 139,820
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                   Unaudited Statements of Operations
                  For the Month Ended January 31, 2004
                         (Dollars in thousands)

Revenue                                                    $ 924

Cost and expenses:
    Direct operating and programming                         361
    Selling, general and administrative                       86
    Management fees                                           35
    Non-recurring professional fees                           --
    Depreciation                                              76
                                                        --------
    Operating income before reorganization
       expenses due to bankruptcy                            366

Reorganization expenses due to bankruptcy                     10
                                                        --------
Operating income                                             356
    Interest income - net                                      9
    Equity in net income of Century-ML Cable
       Corporation - net of taxes                          1,242
                                                        --------
Income before income taxes                                 1,607
    Income tax expense                                      (138)
                                                        --------
Net income                                                 1,469
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                   Unaudited Statements of Cash Flows
                  For the Month Ended January 31, 2004
                        (Dollars in thousands)

Cash flow from operating activities:
Net income                                               $ 1,469
    Adjustments to reconcile net income
        to net cash provided by (used in)
        operating activities:
    Depreciation                                              76
    Reorganization expenses due to bankruptcy                 10
    Non-recurring professional fees                           --
    Equity in net income of Century-ML Cable
       Corporation - net of taxes                         (1,242)
    Change in assets and liabilities:
       Subscriber receivables - net                          (13)
       Prepaid expenses and other assets - net               (62)
       Accounts payable                                       51
       Subscriber advance payments and deposits               35
       Accrued expenses and other liabilities                114
       Intercompany receivables and payables - net        (1,353)
                                                        --------
Net cash provided by (used in) operating
    activities                                              (915)
                                                        --------
Cash flows from investing activities:
    Expenditures from property, plant and equipment          (50)
                                                        --------
Net cash used in investing activities                        (50)
                                                        --------
Change in cash and cash equivalents                         (965)
Cash and cash equivalents, beginning of period            13,088
                                                        --------
Cash and cash equivalents, end of period                $ 12,123
                                                        ========


ADELPHIA: Century/ML's February 2004 Monthly Operating Report
-------------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                        As of February 29, 2004
                        (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                               $ 10,485
Subscriber receivables - net                                 436
Prepaid expenses and other assets - net                      221
Investment in Century-ML Cable Corporation               119,640
Related party receivables                                    231
Intercompany receivables                                   2,244
Property, plant and equipment - net                        6,332
Intangible assets - net                                    1,528
                                                        --------
    Total assets                                       $ 141,117
                                                        ========

              LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                            $ 57
Subscriber advance payments and deposits                     269
Accrued expenses and other liabilities                       958
Intercompany payables                                        430
Deferred income taxes                                         45
                                                        --------
                                                           1,759
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,072
    Intercompany payables                                 11,152
                                                        --------
       Total liabilities subject to compromise            12,244
                                                        --------
       Total liabilities                                  14,003
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           70,314
                                                        --------
       Total partners' equity                            127,114
                                                        --------
       Total liabilities and partners' equity          $ 141,117
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Operations
                 For the Month Ended February 29, 2004
                        (Dollars in thousands)

Revenue                                                    $ 943

Cost and expenses:
    Direct operating and programming                         471
    Selling, general and administrative                      228
    Management fees                                           34
    Non-recurring professional fees                           --
    Depreciation                                              76
                                                        --------
    Operating income before reorganization
       expenses due to bankruptcy                            134

Reorganization expenses due to bankruptcy                     10
                                                        --------
Operating income                                             124
    Interest income                                            9
    Equity in net income of Century-ML Cable
       Corporation                                         1,426
                                                        --------
Income before income taxes                                 1,559
    Income tax expense                                       (56)
                                                        --------
Net income                                               $ 1,503
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                  Unaudited Statements of Cash Flows
                 For the Month Ended February 28, 2003
                        (Dollars in thousands)

Cash flows from operating activities:
    Net income                                           $ 1,503
    Adjustments to reconcile net income to net
    cash provided by (used in) operating activities:
    Depreciation                                              76
    Reorganization expenses due to bankruptcy                 10
    Non-recurring professional fees                           --
    Equity in net income of Century-ML Cable
       Corporation                                        (1,426)
    Change in assets in liabilities:
       Subscriber receivables - net                           46
       Prepaid expenses and other assets - net                13
       Accounts payable                                      (14)
       Subscriber advance payments and deposits             (108)
       Accrued interest and other liabilities                (37)
       Intercompany receivables and payables - net        (1,665)
                                                        --------
Net cash provided by (used in) operating activities       (1,602)
                                                        --------

Cash flows from investing activities:
    Expenditures for property, plant and equipment           (36)
                                                        --------
Net cash used in investing activities                        (36)
                                                        --------

Change in cash and cash equivalents                       (1,638)
Cash and cash equivalents, beginning of period            12,123
                                                        --------
Cash and cash equivalents, end of period                $ 10,485
                                                        ========


ADELPHIA: Century/ML's March 2004 Monthly Operating Report
----------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                        As of March 31, 2004
                        (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                               $ 13,891
Subscriber receivables - net                                 468
Prepaid expenses and other assets - net                      222
Investment in Century-ML Corporation                     119,598
Related party receivables                                    231
Property, plant and equipment - net                        6,248
Intangible assets                                          1,528
                                                        --------
    Total assets                                       $ 142,186
                                                        ========

              LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                           $ 115
Subscriber advance payments and deposits                     350
Accrued expenses and other liabilities                     1,179
Intercompany payables                                      1,112
Deferred income taxes                                         45
                                                        --------
                                                           2,801
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,072
    Intercompany payables                                 11,152
                                                        --------
       Total liabilities subject to compromise            12,244
                                                        --------
       Total liabilities                                  15,045
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           70,341
                                                        --------
    Total partners' equity                               127,141
                                                        --------
    Total liabilities and partners' equity             $ 142,186
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                   Unaudited Statements of Operations
                  For the Month Ended March 31, 2004
                        (Dollars in thousands)

Revenue                                                    $ 936

Cost and expenses:
    Direct operating and programming                         476
    Selling, general and administrative                     (146)
    Management fees                                           34
    Non-recurring professional fees                           --
    Depreciation                                             233
                                                        --------
    Operating income before reorganization
       expenses due to bankruptcy                            366

Reorganization expenses due to bankruptcy                    264
                                                        --------
Operating income                                             102
    Interest income - net                                     12
    Equity in net income of Century-ML Cable
       Corporation - net of taxes                            (42)
                                                        --------
Income before income taxes                                    72
    Income tax expense                                       (45)
                                                        --------
Net income                                                    27
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                   Unaudited Statements of Cash Flows
                  For the Month Ended March 31, 2004
                        (Dollars in thousands)

Cash flow from operating activities:
Net income                                                  $ 27
    Adjustments to reconcile net income
        to net cash provided by (used in)
        operating activities:
    Depreciation                                             233
    Reorganization expenses due to bankruptcy                264
    Non-recurring professional fees                           --
    Equity in net income of Century-ML Cable
       Corporation - net of taxes                             42
    Change in assets and liabilities:
       Subscriber receivables - net                          (32)
       Prepaid expenses and other assets - net                (1)
       Accounts payable                                       58
       Subscriber advance payments and deposits               81
       Accrued expenses and other liabilities                (43)
       Intercompany receivables and payables - net         2,926
                                                        --------
Net cash provided by operating activities                  3,555
                                                        --------
Cash flows from investing activities:
    Expenditures from property, plant and equipment         (149)
                                                        --------
Net cash used in investing activities                       (149)
                                                        --------
Change in cash and cash equivalents                        3,406
Cash and cash equivalents, beginning of period            10,485
                                                        --------
Cash and cash equivalents, end of period                $ 13,891
                                                        ========


ADELPHIA: Century/ML's April 2004 Monthly Operating Report
----------------------------------------------------------

                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                       Unaudited Balance Sheet
                        As of April 30, 2004
                        (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                               $ 14,171
Subscriber receivables - net                                 478
Prepaid expenses and other assets - net                      239
Investment in Century-ML Corporation                     120,382
Related party receivables                                    231
Property, plant and equipment - net                        6,193
Intangible assets                                          1,528
                                                        --------
    Total assets                                       $ 143,222
                                                        ========

              LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                            $ 33
Subscriber advance payments and deposits                     332
Accrued expenses and other liabilities                     1,254
Intercompany payables                                      1,166
Deferred income taxes                                         45
                                                        --------
                                                           2,830
                                                        --------
Liabilities subject to compromise:
    Accounts payable                                          20
    Accrued expenses and other liabilities                 1,072
    Intercompany payables                                 11,152
                                                        --------
       Total liabilities subject to compromise            12,244
                                                        --------
       Total liabilities                                  15,074
                                                        --------
Partners' equity:
    Partners' contributions                               56,800
    Partners' retained earnings                           71,348
                                                        --------
    Total partners' equity                               128,148
                                                        --------
    Total liabilities and partners' equity             $ 143,222
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                   Unaudited Statements of Operations
                  For the Month Ended April 30, 2004
                        (Dollars in thousands)

Revenue                                                    $ 975

Cost and expenses:
    Direct operating and programming                         535
    Selling, general and administrative                       13
    Management fees                                           36
    Non-recurring professional fees                           --
    Depreciation                                              96
                                                        --------
    Operating income before reorganization
       expenses due to bankruptcy                            295

Reorganization expenses due to bankruptcy                     19
                                                        --------
Operating income                                             276
    Interest income - net                                      8
    Equity in net income of Century-ML Cable
       Corporation - net of taxes                            784
                                                        --------
Income before income taxes                                 1,068
    Income tax expense                                       (61)
                                                        --------
Net income                                               $ 1,007
                                                        ========


                       Century-ML Cable Venture
                        (Debtor-In-Possession)
                   Unaudited Statements of Cash Flows
                  For the Month Ended April 30, 2004
                        (Dollars in thousands)

Cash flow from operating activities:
Net income                                               $ 1,007
    Adjustments to reconcile net income
        to net cash provided by (used in)
        operating activities:
    Depreciation                                              96
    Reorganization expenses due to bankruptcy                 19
    Non-recurring professional fees                           --
    Equity in net income of Century-ML Cable
       Corporation - net of taxes                           (784)
    Change in assets and liabilities:
       Subscriber receivables - net                          (10)
       Prepaid expenses and other assets - net               (17)
       Accounts payable                                      (82)
       Subscriber advance payments and deposits              (18)
       Accrued expenses and other liabilities                 56
       Intercompany receivables and payables - net            54
                                                        --------
Net cash provided by operating activities                    321
                                                        --------
Cash flows from investing activities:
    Expenditures from property, plant and equipment          (41)
                                                        --------
Net cash used in investing activities                        (41)
                                                        --------
Change in cash and cash equivalents                          280
Cash and cash equivalents, beginning of period            13,891
                                                        --------
Cash and cash equivalents, end of period                $ 14,171
                                                        ========


DAN RIVER: Reports $4.3 Million April 2004 Net Loss
---------------------------------------------------
On June 8, 2004, the Company filed with the Bankruptcy Court its
Monthly Operating Report for the month of April 2004 as debtor-in-
possession under Chapter 11 of the Bankruptcy Code. The Company
reports $4.3 million net loss in $51.7 million of net sales.

A full-text copy of Dan River Inc.'s Monthly Financial Report for
the period from March 31, 2004 to May 8, 2004 is available at no
charge at:

   http://www.sec.gov/Archives/edgar/data/914384/000091438404000013/e996804.txt


Headquartered in Danville, Virginia, Dan River Inc.
-- http://www.danriver.com/-- is a designer, manufacturer and and  
marketer of textile products for the home fashions, apparel
fabrics and industrial markets.  The Company filed for chapter 11
protection on March 31, 2004 (Bankr. N.D. Ga. Case No. 04-10990).  
James A. Pardo, Jr., Esq., at King & Spalding represents the
Debtors in their restructuring efforts.  When the Debtors filed
for protection from their creditors, they listed $441,800,000 in
total assets and $371,800,000 in total debts.


ENRON: ENA Examiner's 110th Weekly Report - Apr. 19 to 23, 2004
---------------------------------------------------------------
Enron North America Examiner, Harrison J. Goldin, presents his  
110th report summarizing deposits and disbursements into and out  
of ENA Accounts for the period April 19, 2004 through April 23,  
2004.

        Third Party Deposits and Disbursements:

        Date                    Deposits        Disbursements
        ----                    --------        -------------
  April 19, 2004             $32,047,187           ($367,190)
  April 20, 2004                     913             (26,148)
  April 21, 2004               2,500,000            (497,340)
  April 22, 2004                  21,457             (54,159)
  April 23, 2004             103,801,967            (575,530)
                            ------------       -------------
            Week Total:     $138,371,523         ($1,520,367)


        Inter-company Deposits and Disbursements:

        Date                    Deposits        Disbursements
        ----                    --------        -------------
  April 19, 2004                      $0           ($310,000)
  April 20, 2004                 324,473             (14,734)
  April 21, 2004                 303,354            (305,406)
  April 22, 2004                       0                   0  
  April 23, 2004                       0                   0  
                            ------------       -------------
            Week Total:         $627,828           ($630,140)


        Total Deposits and Disbursements:

        Date                    Deposits        Disbursements
        ----                    --------        -------------
  April 19, 2004             $32,047,187           ($677,190)
  April 20, 2004                 325,385             (40,882)
  April 21, 2004               2,803,354            (802,746)
  April 22, 2004                  21,457             (54,159)
  April 23, 2004             103,801,967            (575,530)
                            ------------       -------------
            Week Total:     $138,999,350         ($2,150,507)


ENRON: ENA Examiner's 111th Weekly Report - Apr. 26 to 30, 2004
---------------------------------------------------------------
Enron North America Examiner, Harrison J. Goldin, presents his  
111th report summarizing deposits and disbursements into and out  
of ENA Accounts for the period April 26, 2004 through April 30,  
2004.

        Third Party Deposits and Disbursements:

        Date                    Deposits        Disbursements
        ----                    --------        -------------
  April 26, 2004                 $46,077             ($4,362)
  April 27, 2004                     773             (33,326)
  April 28, 2004                 316,235                (124)
  April 29, 2004                  33,617             (82,581)
  April 30, 2004               3,017,947                   0
                            ------------       -------------
            Week Total:       $3,414,648           ($542,000)


        Inter-company Deposits and Disbursements:

        Date                    Deposits        Disbursements
        ----                    --------        -------------
  April 26, 2004                $542,000           ($542,000)
  April 27, 2004                       0                   0
  April 28, 2004                       0                   0
  April 29, 2004                       0                   0  
  April 30, 2004                       0                   0  
                            ------------       -------------
            Week Total:         $542,000           ($542,000)


        Total Deposits and Disbursements:

        Date                    Deposits        Disbursements
        ----                    --------        -------------
  April 26, 2004                $588,077           ($546,362)
  April 27, 2004                     773             (33,326)
  April 28, 2004                 316,235                (124)
  April 29, 2004                  33,617             (82,581)
  April 30, 2004               3,017,947                   0
                            ------------       -------------
            Week Total:       $3,956,648           ($662,394)


ENRON: ENA Examiner's 25th Monthly Report As of May 7, 2004
-----------------------------------------------------------
In his 25th monthly report, ENA Examiner Harrison J. Goldin keeps
the Court up to date regarding the status of ENA's cash, assets
and liabilities as of May 7, 2004.

                        Status of ENA Cash

>From December 3, 2001 through and including May 7, 2004, total
deposits were $5,400,000,000 and total disbursements were
$2,800,000,000.  The breakdown between third party and inter-
company transactions are:

                                Deposits   Disbursements
                                --------   -------------
      Third party         $4,100,000,000    $713,000,000
      Intercompany         1,400,000,000   2,100,000,000

The cash balance, including short-term investments and various  
adjustments and additions to bank accounts, was $3,000,000,000.

                   Status of ENA Non-Cash Assets

Mark-to-Market Valuation of the Wholesale Book:

                                       MTM Value as of
                               March 31, 2004       May 4, 2004
                               -------------        -----------
Enron Power Marketing, Inc.  <$1,200,000,000    <$1,200,000,000

ENA Corp.                        <50,000,000        <50,000,000

Natural Gas                   <1,100,000,000       <900,000,000

EGM by ENA Corp.                <330,000,000       <320,000,000

EGM by EGLI                       <6,000,000         <6,000,000

EGM by ERAC                       <2,000,000         <2,000,000

Enron Industrial Markets         <60,000,000        <50,000,000

Enron Canada Corp.              <350,000,000       <350,000,000

Enron Capital & Trade           <110,000,000       <110,000,000
Resources Int'l. Corp.

         Settlements of Structured Finance Transactions

Mr. Goldin notes that the Debtors have settled their disputes
with respect to the Hawaii structure, and the Sequoia and
Cherokee accounts receivable securitizations.

                Examiner's Role Post-Confirmation

Under the Plan, the Examiner is to continue his role post-
confirmation, until the Effective Date of the Plan.  However, the
Fifth Amended Plan of Reorganization provides that during this
time, the Examiner will no longer file his regular and routine
reports with the Court.  The Plan also provides that the Court,
upon motion, may extend the Examiner's role beyond the Effective
Date.  Mr. Goldin anticipates that the Court will continue to
recognize the importance of a distinct ENA fiduciary.  


HAUSER INC: Submits Amended Monthly Operating Reports
-----------------------------------------------------
Kenneth C. Cleveland, President and Chief Executive Officer for  
Hauser, Inc. (OTC:HAUSQ) advises that on May 28, 2004, the Company
and its wholly owned debtor-subsidiary, Botanicals International
Extracts, Inc., filed an amended monthly operating reports for the
months ended March 31, 2004 and April 30, 2004 with the Office of
the United States Trustee pursuant to Bankruptcy Rule 2015 and the
Trustee's Financial Reporting Requirements for Chapter 11 Cases.

Citing Rule 202 of Regulation S-T and the Company's continuing  
hardship exemption, Mr. Cleveland explains that it is impossible  
to deliver an electronic copy of that financial report to the  
Securities and Exchange Commission so the Company has manually  
filed a paper copy of the Amended Reports under cover of Form SE.   

Hauser Inc., filed for chapter 11 protection on April 1, 2003, in  
Los Angeles (Bankr. D.C. Calif. Case No. 03-18795).  Christine M.  
Pajak, Esq., at Stutman, Treister & Glatt, serves as legal counsel  
to the Debtors.   


HAWAIIAN AIRLINES: April 2004 Earnings Narrows to $2.4 Million
--------------------------------------------------------------
On May 20, 2004, Hawaiian Airlines filed its unaudited Monthly
Operating Report for the month of April 2004 with the U.S.
Bankruptcy Court for the District of Hawaii. A full-text copy of
that report is available at no charge at:

  http://www.sec.gov/Archives/edgar/data/1172222/000090514804002731/efc4-1053_form8k.txt

For the month ending April 30, 2004, Hawaiian Airlines' balance
sheet shows $380 million in assets and a $198 million
shareholders' deficit. The carrier also reports $2.4 million of
earnings on $64.5 million of revenues.  

On March 21, 2003, Hawaiian Airlines, Inc., the sole operating  
subsidiary of Hawaiian Holdings, Inc., filed a voluntary petition  
for reorganization under Chapter 11 of the United States  
Bankruptcy Code in the United States Bankruptcy Court for the  
District of Hawaii (Case No. 03-00827).  Joshua Gotbaum serves as  
the chapter 11 trustee for Hawaiian Airlines, Inc.  Mr. Gotbaum is  
represented by Tom E. Roesser, Esq., and Katherine G. Leonard at  
Carlsmith Ball LLP and Bruce Bennett, Esq., Sidney P. Levinson,  
Esq., Joshua D. Morse, Esq., and John L. Jones, II, Esq., at  
Hennigan, Bennett & Dorman LLP.   


IMPATH INC: April 2004 Net Loss Widens to $19.9 Million
-------------------------------------------------------
On June 8, 2004, IMPATH Inc. and its other debtor-in-possession
subsidiaries filed their monthly operating report with the United
States Bankruptcy Court for the Southern District of New York.
Impath Inc. reports a $19.9 million net loss in April 2004
compared to a net loss of $4.2 million in March 2004.

   Total Revenue                $   12,198,793
   Gross Profit                      6,697,432
   Total Operating Expenses         14,381,706
   Operating Income - EBIT          (2,182,912)
   Net Loss                    $    19,957,440

A full-text copy of Impath Inc.'s April 2004 Monthly Operating
Report is available at no charge at:

   http://www.sec.gov/Archives/edgar/data/1003114/000090951804000543/jd6-9_ex99.txt


Chief Restructuring Officer Holly Etlin advises that this  report
does not include a balance sheet "due to the ongoing
reconciliation of the Debtor's accounting records."

IMPATH Inc. and five affiliates filed for chapter 11 protection in
the U.S. Bankruptcy Court for the Southern District of New York
(Bankr. Case No. 03-16113).  Impath is represented George A.
Davis, Esq., at Weil, Gotshal & Manges LLP.


KAISER: Reports $13.3 Million Net Loss in March 2004
-----------------------------------------------------

           Kaiser Aluminum Corporation -- All Debtors
                    Unaudited Balance Sheets
                      As of March 31, 2004
                         (In Thousands)

                             ASSETS

Cash                                                    $13,378

Receivables:
   Trade                                                121,750
   Other                                                 10,941
                                                      ---------
Total Receivables                                       132,691

Inventories                                             166,095
Prepaid expenses and other current assets                26,920
                                                      ---------
Total current assets                                    339,084

Investments in and advances to subsidiaries             400,344
Intercompany receivables/payables, net                  (81,679)
Property, plant, and equipment - net                    228,477
Deferred income taxes                                         -
Other assets                                            517,369
                                                      ---------
Total Assets                                         $1,403,595
                                                      =========

                LIABILITIES & STOCKHOLDERS' EQUITY

Liabilities not subject to compromise:
   Accounts Payable                                     $74,020
   Accrued interest                                         812
   Accrued salaries, wages and related expenses          42,226
   Accrued post retirement benefit -- current            21,695
   Other accrued liabilities                             50,420
   Payable to affiliates                                 59,366
   Long term debt - current portion                       1,262
                                                      ---------
Total current liabilities                               249,801

Long-term liabilities                                    73,367
Accrued postretirement benefit obligation                     -
Long-term debt                                            2,212
Liabilities subject to compromise                     2,845,528
Minority interests                                          655

Stockholders' equity:
   Preference stock                                           -
   Common stock                                             792
   Additional capital                                   539,082

Accumulated deficit - As of filing date                (949,851)
Accumulated deficit - Post filing date               (1,251,937)
Accumulated other comprehensive income (loss)          (106,054)
Note receivable from parent                                   -
                                                      ---------
Total Liabilities & Stockholders' Equity             $1,403,595
                                                      =========


           Kaiser Aluminum Corporation -- All Debtors
                    Statement of Operations
              For the Month Ending March 31, 2004
                         (In Thousands)

Net Sales                                              $115,918

Costs and expenses:
   Cost of products sold                                107,643
   Depreciation & amortization                            1,823
   Selling, administrative, R&D and general               8,012
   Other operating charges, net                          (1,457)
                                                      ---------
Total costs and expenses                                116,021
                                                      ---------
Operating income (loss)                                    (103)

Other income (expense):
   Interest expenses, net                                  (780)
   Reorganization items                                  (4,079)
   Other-net                                             (1,330)
                                                      ---------
Income (loss) before
   income taxes and minority interest                    (6,292)

(Provision) benefit for income taxes                     (5,101)
Minority interests                                            -
Equity in income (loss) of subsidiaries                  (1,945)
                                                      ---------
Net income (loss)                                      ($13,338)
                                                      =========


           Kaiser Aluminum Corporation -- All Debtors
    Schedule of Consolidated Cash Receipts and Disbursements
              For the Month Ending March 31, 2004
                         (In Thousands)

Receipts:
   Trade Receivables
      KACC Receivables                                  $96,539
      KAII Receivables                                   53,709
                                                      ---------
   Total Trade Receivables                              150,248

   Asbestos Insurance Recoveries                              -
   Proceeds from Asset Sales                              7,362
                                                      ---------
Total Receipts                                          157,610

Disbursements:
   Inventory/Raw Materials                               38,583
   Capital Expenditures                                     409
   Maintenance, Materials, etc.                           5,468
   Freight                                                3,773
   Utilities/Energy                                      18,860
   Hourly Payroll                                         7,201
   Salaried Payroll                                       8,745
   Hedging Activities                                     2,985
   Medical- Current and Former Employees                  8,441
   Annual Insurance Premiums                                427
   Workmen's Compensation                                   641
   Corporate General and Administrative                   4,107
   JV Fundings - Alumina                                 35,469
   JV Fundings - Primary, Net of Minority Interest        9,143
   Other Disbursements                                    8,452
                                                      ---------
Total Operating and G&A Disbursements                   152,704

Reorganization Items                                      2,770
                                                      ---------
Total Disbursements                                     155,474
                                                      ---------
Net Cash Flow                                             2,136

Beginning Bank Cash Balances                             11,885
Net Cash Flow                                             2,136
                                                      ---------
Ending Bank Cash Balances                                14,021

Reconciling Items                                          (643)
                                                      ---------
Ending Book Cash Balances                               $13,378
                                                      =========


MIRANT: MAGI Monthly Operating Reports for January - March 2004
---------------------------------------------------------------

         Mirant Americas Generation, LLC, and Subsidiaries   
                    Consolidated Balance Sheets   
                       As of January 31, 2004  
  
  
ASSETS  
Cash and cash equivalents                         $298,424,887  
Accounts receivable - net                          576,378,719  
Assets from risk management activities              48,611,496  
Derivative hedging instruments                               0  
Inventories                                         90,221,561  
Other                                              179,384,218  
                                               ---------------  
      Total Current Assets                       1,193,020,881  
  
Property, plant and equipment                    2,268,087,038  
Less: accumulated depreciation                     368,511,549
Construction work in progress                       31,838,681  
Investment in suspended construction               280,791,861  
                                               ---------------  
      Total net property, plant and equipment    2,212,206,030  
  
Investments                                             25,000  
Long-term accounts receivable - net                 83,975,541  
Notes receivable - net                             223,275,000  
Assets from risk management activities              13,861,917  
Goodwill - net                                               0  
Other intangibles - net                            213,235,428  
Derivative hedging instruments                               0  
Restricted cash, non-current                                 0  
Other long-term assets                                       0  
Miscellaneous deferred charges                     180,571,791  
                                               ---------------  
      Total Non-current Assets                     714,944,677  
                                               ---------------  
TOTAL ASSETS                                    $4,120,171,587  
                                               ===============  
  
LIABILITIES AND EQUITY  
  
Postpetition Liabilities:  
   Debt                                                     $0  
   Accounts Payable                                247,555,418  
   Liabilities from risk management activities      77,197,042  
   Obligations under energy deliveries                       0  
   Derivative hedging instruments                            0  
   Other                                            70,380,439  
   Miscellaneous deferred credits                   11,843,976  
                                               ---------------  
      Total postpetition liabilities               406,976,875  
  
Prepetition Liabilities                          3,424,331,138  
                                               ---------------  
      TOTAL LIABILITIES                          3,831,308,013  
  
EQUITY:  
Minority interest in subsidiaries                       35,002  
Mandatory redeemable securities                              0  
Common stock                                             1,000  
Additional paid-in capital                       3,857,643,267  
Retained earnings                               (3,568,815,694)  
Accumulated other comprehensive income                       0  
                                               ---------------  
      Total Equity                                 288,863,575  
                                               ---------------  
      TOTAL LIABILITIES AND OWNERS' EQUITY      $4,120,171,587  
                                               ===============  
  
  
         Mirant Americas Generation, LLC, and Subsidiaries  
                 Consolidated Statements of Income  
               For the month ending January 31, 2004   
  
REVENUES:  
   Generation                                     $244,386,038  
   Net trading revenue                                 (19,211)  
   Other                                                65,982  
                                               ---------------  
      Gross Margin                                 244,432,809
  
OPERATING EXPENSES:  
   Energy cost                                     141,483,555  
   Maintenance                                      49,917,633  
   Depreciation and amortization                    10,353,120
   Selling, general & administrative                         0  
   Gain on sale of property and investments                  0  
   Restructuring costs                                 249,770  
                                               ---------------  
      Total Operating Expenses                     202,004,077  
                                               ---------------  
      Income before non-operating income  
      and expense                                   42,428,732  
   
OTHER INCOME AND EXPENSES:    
   Interest income                                     269,666  
   Interest expense                                   (483,265)  
   Other income (expense)                               36,199  
   Reorganization items                             (3,991,705)
   Loss from discontinued operations                         0  
   Minority interest                                         0  
                                               ---------------   
      Total Other Income (expense)                  (4,169,105)  
       
Provision for income tax                             2,252,956  
                                               ---------------   
      NET PROFIT (LOSS)                            $40,512,583
                                               ===============  
  
                        #    #    #    #   

         Mirant Americas Generation, LLC, and Subsidiaries   
                    Consolidated Balance Sheets   
                       As of February 29, 2004  
  
  
ASSETS  
Cash and cash equivalents                         $367,168,631  
Accounts receivable - net                          516,636,097  
Assets from risk management activities              51,111,992  
Derivative hedging instruments                               0  
Inventories                                         92,485,278  
Other                                              142,800,881  
                                               ---------------  
      Total Current Assets                       1,170,202,878  
  
Property, plant and equipment                    2,269,776,394  
Less: accumulated depreciation                     377,378,960
Construction work in progress                       40,543,329  
Investment in suspended construction               280,921,185  
                                               ---------------  
      Total net property, plant and equipment    2,213,861,947  
  
Investments                                             25,000  
Long-term accounts receivable - net                 83,785,697  
Notes receivable - net                             223,275,000  
Assets from risk management activities              15,179,578  
Goodwill - net                                               0  
Other intangibles - net                            211,780,182  
Derivative hedging instruments                               0  
Restricted cash, non-current                                 0  
Other long-term assets                                       0  
Miscellaneous deferred charges                     172,547,745
                                               ---------------  
      Total Non-current Assets                     706,593,201  
                                               ---------------  
TOTAL ASSETS                                    $4,090,658,027
                                               ===============  
  
LIABILITIES AND EQUITY  
  
Postpetition Liabilities:  
   Debt                                                     $0  
   Accounts Payable                                185,016,994  
   Liabilities from risk management activities      79,921,241  
   Obligations under energy deliveries                       0  
   Derivative hedging instruments                            0  
   Other                                           105,700,521  
   Miscellaneous deferred credits                   12,035,192  
                                               ---------------  
      Total postpetition liabilities               382,673,948  
  
Prepetition Liabilities                          3,416,105,380  
                                               ---------------  
      TOTAL LIABILITIES                          3,798,779,328  
  
EQUITY:  
Minority interest in subsidiaries                       35,002  
Mandatory redeemable securities                              0  
Common stock                                             1,000  
Additional paid-in capital                       3,857,643,267  
Retained earnings                               (3,565,800,571)  
Accumulated other comprehensive income                       0  
                                               ---------------  
      Total Equity                                 291,878,698  
                                               ---------------  
      TOTAL LIABILITIES AND OWNERS' EQUITY      $4,090,658,027  
                                               ===============  
  
  
         Mirant Americas Generation, LLC, and Subsidiaries  
                 Consolidated Statements of Income  
              For the month ending February 29, 2004   
  
REVENUES:  
   Generation                                     $196,961,193  
   Net trading revenue                                       0  
   Other                                                73,560  
                                               ---------------  
      Gross Margin                                 197,034,753
  
OPERATING EXPENSES:  
   Energy cost                                     123,728,907  
   Maintenance                                      50,122,488  
   Depreciation and amortization                    10,342,973
   Selling, general & administrative                         0  
   Gain on sale of property and investments                  0  
   Restructuring costs                                  75,534  
                                               ---------------  
      Total Operating Expenses                     184,269,902  
                                               ---------------  
      Income before non-operating income  
      and expense                                   12,764,851  
   
OTHER INCOME AND EXPENSES:    
   Interest income                                     (90,274)  
   Interest expense                                   (526,006)  
   Other income (expense)                               67,392  
   Reorganization items                             (3,562,797)
   Loss from discontinued operations                         0  
   Minority interest                                         0  
                                               ---------------   
      Total Other Income (expense)                  (4,111,685)  
       
Provision for income tax                            (5,638,042)  
                                               ---------------   
      NET PROFIT (LOSS)                             $3,015,124
                                               ===============  

                        #    #    #    #   

         Mirant Americas Generation, LLC, and Subsidiaries   
                    Consolidated Balance Sheets   
                       As of March 31, 2004  
  
  
ASSETS  
Cash and cash equivalents                         $396,672,349  
Accounts receivable - net                          523,338,082  
Assets from risk management activities              45,410,778  
Derivative hedging instruments                               0  
Inventories                                         91,212,615  
Other                                              138,688,952  
                                               ---------------  
      Total Current Assets                       1,195,322,777  
  
Property, plant and equipment                    2,271,994,359
Less: accumulated depreciation                     380,590,626
Construction work in progress                       34,746,902  
Investment in suspended construction               281,042,253  
                                               ---------------  
      Total net property, plant and equipment    2,207,192,888  
  
Investments                                             25,000  
Long-term accounts receivable - net                 88,388,836  
Notes receivable - net                             223,275,000  
Assets from risk management activities              17,188,602  
Goodwill - net                                               0  
Other intangibles - net                            212,295,919  
Derivative hedging instruments                               0  
Restricted cash, non-current                                 0  
Other long-term assets                                       0  
Miscellaneous deferred charges                     165,178,831  
                                               ---------------  
      Total Non-current Assets                     706,352,188  
                                               ---------------  
TOTAL ASSETS                                    $4,108,867,853  
                                               ===============  
  
LIABILITIES AND EQUITY  
  
Postpetition Liabilities:  
   Debt                                                     $0  
   Accounts Payable                                200,605,656  
   Liabilities from risk management activities     107,800,112  
   Obligations under energy deliveries                       0  
   Derivative hedging instruments                            0  
   Other                                           110,523,913  
   Miscellaneous deferred credits                   12,695,301  
                                               ---------------  
      Total postpetition liabilities               431,624,983  
  
Prepetition Liabilities                          3,412,310,313  
                                               ---------------  
      TOTAL LIABILITIES                          3,843,935,295  
  
EQUITY:  
Minority interest in subsidiaries                       35,002  
Mandatory redeemable securities                              0  
Common stock                                             1,000  
Additional paid-in capital                       3,857,643,267  
Retained earnings                               (3,592,746,711)  
Accumulated other comprehensive income                       0  
                                               ---------------  
      Total Equity                                 264,932,558  
                                               ---------------  
      TOTAL LIABILITIES AND OWNERS' EQUITY      $4,108,867,853  
                                               ===============  
  
  
         Mirant Americas Generation, LLC, and Subsidiaries  
                 Consolidated Statements of Income  
                For the month ending March 31, 2004   
  
REVENUES:  
   Generation                                     $111,120,050  
   Net trading revenue                                       0  
   Other                                               253,562  
                                               ---------------  
      Gross Margin                                 111,373,612
  
OPERATING EXPENSES:  
   Energy cost                                      82,996,523  
   Maintenance                                      52,066,841  
   Depreciation and amortization                     2,937,328
   Selling, general & administrative                    81,169  
   Gain on sale of property and investments             61,129  
   Restructuring costs                                 533,746  
                                               ---------------  
      Total Operating Expenses                     138,676,735  
                                               ---------------  
      Income before non-operating income  
      and expense                                  (27,303,123)
   
OTHER INCOME AND EXPENSES:    
   Interest income                                     (89,281)  
   Interest expense                                   (455,020)  
   Other income (expense)                               58,753  
   Reorganization items                             (5,588,844)
   Loss from discontinued operations                         0  
   Minority interest                                         0  
                                               ---------------   
      Total Other Income (expense)                  (5,895,830)  
       
Provision for income tax                             6,252,812  
                                               ---------------   
      NET PROFIT (LOSS)                           ($26,946,141)
                                               ===============  
  
  
                 Mirant Americas Generation, LLC   
          Unconsolidated Cash Receipts and Disbursements
               For the month ending March 31, 2004   
     

Cash, beginning of month                          $106,184,808

Non-Operating Receipts:
   Loans and advances                               12,449,521
   Other                                                     0  
                                               ---------------  
      Total non-operating receipts                  12,449,521  
                                               ---------------  
      Total receipts                                12,449,521  
                                               ---------------  
      Total Cash Available                         118,634,329

REORGANIZATION EXPENSES:
   Professional fees                                         0
                                               ---------------
      Total reorganization expenses                          0
                                               ---------------
      Total disbursements                                    0
                                               ---------------
Net Cash Flow                                       12,449,521
                                               ---------------
Cash, end of month                                $118,634,329
                                               ===============  

  
MIRANT CORP: January to March 2004 Monthly Operating Reports
------------------------------------------------------------

              Mirant Corporation and Subsidiaries
                   Consolidated Balance Sheet
                     As of January 31, 2004
  

ASSETS
Cash and cash equivalents                       $1,596,557,926
Accounts receivable - net                        1,245,183,266
Assets from risk management activities             120,756,460
Derivative hedging instruments                               0
Inventories                                        261,377,420
Other                                              288,996,695
                                               ---------------
     Total Current Assets                        3,512,871,766

Property, plant and equipment                    5,447,851,867
Less: accumulated depreciation                     752,320,784
Leasehold interests - net                        1,568,334,875
Construction work in progress                       82,995,663
Investment in suspended construction               356,443,350
                                               ---------------
     Total net property, plant and equipment     6,703,304,970
      
Investments                                        228,751,328
Long-term accounts receivable - net                  2,065,707
Notes receivable - net                                (273,289)
Assets from risk management activities             133,620,146
Goodwill - net                                     587,304,374
Other intangibles - net                            291,041,215
Derivative hedging instruments                               0
Restricted cash, non-current                        47,659,860
Other long-term assets                                       1
Miscellaneous deferred charges                   2,701,140,333
                                               ---------------
     Total Non-current Assets                    3,991,309,675
                                               ---------------
TOTAL ASSETS                                   $14,207,486,411
                                               ===============

LIABILITIES AND EQUITY

Postpetition Liabilities:
  Debt                                          $1,487,494,388
  Accounts Payable                                 954,173,481
  Liabilities from risk management activities      212,619,111
  Obligations under energy deliveries              354,389,243
  Derivative hedging instruments                             0
  Other                                            171,863,664
  Miscellaneous deferred credits                 2,702,132,847
                                               ---------------
     Total postpetition liabilities              5,884,672,734
      
Prepetition Liabilities                          8,889,271,138
                                               ---------------
     TOTAL LIABILITIES                          14,773,943,871

EQUITY:
Minority interest in subsidiaries                  169,988,370
Mandatory redeemable securities                              0
Common stock                                         4,056,621
Additional paid-in capital                       4,917,963,428
Retained earnings                               (5,591,973,727)
Treasury stock, at cost                             (2,260,000)
Accumulated other comprehensive income             (64,232,153)
                                               ---------------
     Total Equity                                 (566,457,460)
                                               ---------------
     TOTAL LIABILITIES AND OWNERS' EQUITY      $14,207,486,411
                                               ===============


               Mirant Corporation and Subsidiaries
                Consolidated Statements of Income
              For the month ending January 31, 2004
  

REVENUES:
  Generation                                      $502,559,192
  Net trading revenue                                9,526,051
  Distribution                                      46,658,546
  Other                                                 27,466
                                               ---------------
     Gross Margin                                  558,771,254
      
OPERATING EXPENSES:  
  Energy cost                                      311,437,430
  Operations and maintenance                        88,038,699
  Depreciation and amortization                     29,195,672
  Gain on sale of property and investments                   0
  Impairment loss                                     (196,511)
  Restructuring costs                                  345,765
                                               ---------------
     Total Operating Expenses                      428,821,055
                                               ---------------
     Income before non-operating income  
     and expense                                   129,950,200

OTHER INCOME AND EXPENSES:  
  Interest income                                    1,060,378
  Interest expense                                  (9,354,485)
  Equity in income of affiliates                       326,197
  Other                                             (8,077,473)
  Reorganization items                             (12,604,482)
  Minority interest                                 (1,413,272)
  Net income from discontinued operations                  323
                                               ---------------
     Total Other Income                            (30,062,814)
    
Provision for income tax                           (13,605,659)
                                               ---------------
     NET PROFIT                                    $86,281,727
                                               ===============  

                        #    #    #    #   

                Mirant Corporation and Subsidiaries  
                    Consolidated Balance Sheets  
                      As of February 29, 2004  
    

ASSETS  
Cash and cash equivalents                       $1,676,786,114  
Accounts receivable - net                        1,349,959,973  
Assets from risk management activities             129,804,619  
Derivative hedging instruments                               0  
Inventories                                        258,441,469  
Other                                              291,728,422  
                                               ---------------  
      Total Current Assets                       3,706,720,598  
  
Property, plant and equipment                    5,448,557,468  
Less: accumulated depreciation                     774,005,323  
Leasehold interests - net                        1,561,643,486  
Construction work in progress                       97,428,078  
Investment in suspended construction               356,932,579  
                                               ---------------  
      Total net property, plant and equipment    6,690,566,288  
        
Investments                                        225,020,938  
Long-term accounts receivable - net                  1,236,622  
Notes receivable - net                                (872,827)  
Assets from risk management activities             123,084,857  
Goodwill - net                                     587,304,374  
Other intangibles - net                            289,282,573  
Derivative hedging instruments                               0  
Restricted cash, non-current                        47,659,860  
Other long-term assets                                       1  
Miscellaneous deferred charges                   2,461,045,356  
                                               ---------------  
      Total Non-current Assets                   3,733,761,753  
                                               ---------------  
TOTAL ASSETS                                   $14,131,048,639  
                                               ===============  
  
LIABILITIES AND EQUITY  
  
Postpetition Liabilities:  
   Debt                                         $1,514,196,495  
   Accounts Payable                                668,344,746  
   Liabilities from risk management activities     208,526,233  
   Obligations under energy deliveries             307,159,611  
   Derivative hedging instruments                            0  
   Other                                           228,968,457  
   Miscellaneous deferred credits                2,886,637,997  
                                               ---------------  
      Total postpetition liabilities             5,813,833,538  
        
Prepetition Liabilities                          8,894,971,667  
                                               ---------------  
      TOTAL LIABILITIES                         14,708,805,205  
  
EQUITY:  
Minority interest in subsidiaries                  170,853,048  
Mandatory redeemable securities                              0  
Common stock                                         4,056,621  
Additional paid-in capital                       4,917,963,428  
Retained earnings                               (5,607,500,170)  
Treasury stock, at cost                             (2,260,000)  
Accumulated other comprehensive income             (60,869,492)  
                                               ---------------  
      Total Equity                                (577,756,565)  
                                               ---------------  
      TOTAL LIABILITIES AND OWNERS' EQUITY     $14,131,048,639  
                                               ===============  
  
  
                Mirant Corporation and Subsidiaries  
                 Consolidated Statements of Income  
               For the month ending February 29, 2004  
    
  
REVENUES:  
   Generation                                     $330,942,180  
   Net trading revenue                              11,933,818  
   Distribution                                     43,968,191  
   Other                                                30,735  
                                               ---------------  
      Gross Margin                                 386,874,923  
        
OPERATING EXPENSES:   
   Energy cost                                     268,633,382  
   Operations and maintenance                       77,281,254  
   Depreciation and amortization                    29,927,851  
   Gain on sale of property and investments            (71,575)  
   Impairment loss                                     189,596  
   Restructuring costs                               3,524,482  
                                               ---------------  
      Total Operating Expenses                     379,484,989  
                                               ---------------  
      Income before non-operating income   
      and expense                                    7,389,934  
  
OTHER INCOME AND EXPENSES:   
   Interest income                                     767,719  
   Interest expense                                 (8,445,369)  
   Equity in income of affiliates                      232,977  
   Other                                            (1,882,794)  
   Reorganization items                             (4,889,676)  
   Minority interest                                (2,083,085)  
   Net income from discontinued operations                   0  
                                               ---------------  
      Total Other Income                           (16,300,227)  
      
Provision for income tax                            (6,612,280)  
                                               ---------------  
      NET PROFIT                                  ($15,522,574)  
                                               ===============

                        #    #    #    #   

               Mirant Corporation and Subsidiaries
                   Consolidated Balance Sheet
                      As of March 31, 2004
  

ASSETS
Cash and cash equivalents                       $1,573,704,556
Accounts receivable - net                        1,291,875,642
Assets from risk management activities             130,800,115
Derivative hedging instruments                               0
Inventories                                        257,762,247
Other                                              401,881,063
                                               ---------------
     Total Current Assets                        3,656,023,623

Property, plant and equipment                    5,438,089,252
Less: accumulated depreciation                     782,186,802
Leasehold interests - net                        1,556,410,816
Construction work in progress                       91,823,174
Investment in suspended construction               356,520,370
                                               ---------------
     Total net property, plant and equipment     6,660,756,810
      
Investments                                        284,087,326
Long-term accounts receivable - net                   (331,488)
Notes receivable - net                                 362,014
Assets from risk management activities             125,545,507
Goodwill - net                                     587,304,374
Other intangibles - net                            289,494,913
Derivative hedging instruments                               0
Restricted cash, non-current                        46,567,344
Other long-term assets                                       1
Miscellaneous deferred charges                     363,597,723
                                               ---------------
     Total Non-current Assets                    1,696,627,415
                                               ---------------
TOTAL ASSETS                                   $12,013,408,148
                                               ===============

LIABILITIES AND EQUITY

Postpetition Liabilities:
  Debt                                          $1,511,861,080
  Accounts Payable                                 704,374,728
  Liabilities from risk management activities      226,000,914
  Obligations under energy deliveries              262,075,739
  Derivative hedging instruments                             0
  Other                                            237,648,604
  Miscellaneous deferred credits                   731,555,601
                                               ---------------
     Total postpetition liabilities              3,673,516,676
      
Prepetition Liabilities                          8,983,805,280
                                               ---------------
     TOTAL LIABILITIES                          12,657,321,956

EQUITY:
Minority interest in subsidiaries                  152,731,085
Mandatory redeemable securities                              0
Common stock                                         4,056,621
Additional paid-in capital                       4,917,963,428
Retained earnings                               (5,662,744,773)
Treasury stock, at cost                             (2,260,000)
Accumulated other comprehensive income             (53,660,168)
                                               ---------------
     Total Equity                                 (643,913,808)
                                               ---------------
     TOTAL LIABILITIES AND OWNERS' EQUITY      $12,013,408,148
                                               ===============


               Mirant Corporation and Subsidiaries
                Consolidated Statements of Income
               For the month ending March 31, 2004
  

REVENUES:
  Generation                                      $227,250,819
  Net trading revenue                                 (438,487)
  Distribution                                      44,152,702
  Other                                              2,096,004
                                               ---------------
     Gross Margin                                  273,061,038
      
OPERATING EXPENSES:  
  Energy cost                                      187,586,624
  Operations and maintenance                        81,567,751
  Depreciation and amortization                     20,880,981
  Gain on sale of property and investments         (16,199,450)
  Impairment loss                                     (139,222)
  Restructuring costs                               (1,921,218)
                                               ---------------
     Total Operating Expenses                      271,775,466
                                               ---------------
     Income before non-operating income  
     and expense                                     1,285,572

OTHER INCOME AND EXPENSES:  
  Interest income                                      754,850
  Interest expense                                  (9,969,887)
  Equity in income of affiliates                     5,723,950
  Other                                              7,668,922
  Reorganization items                             (51,354,161)
  Minority interest                                 (2,165,158)
  Net income from discontinued operations                    0
                                               ---------------
     Total Other Income                           [(49,341,484)]
    
Provision for income tax                            (7,188,692)
                                               ---------------
     NET PROFIT                                   ($55,244,603)
                                               ===============

  
                       Mirant Corporation
          Unconsolidated Cash Receipts and Disbursements
               For the month ending March 31, 2004
  
  
Cash, beginning of month                          $484,455,481

Non-Operating Receipts:  
  Other                                            (69,829,858)
                                               ---------------
     Total non-operating receipts                  (69,829,858)
                                               ---------------
     Total receipts                                (69,829,858)
                                               ---------------
     Total Cash Available                          414,625,622

Operating Disbursements                                 38,134

REORGANIZATION EXPENSES:  
  Professional fees                                          0
  Others                                                14,315
                                               ---------------
     Total reorganization expenses                      14,315
                                               ---------------
     Total disbursements                                52,449
                                               ---------------
Net Cash Flow                                      (69,882,307)
                                               ---------------
Cash, end of month                               [$414,573,173]
                                               ===============


NEWPOWER HOLDINGS: Files April 2004 Monthly Operating Report
------------------------------------------------------------
On June 4, 2004, NewPower Holdings filed its April Monthly
Operating Report with the Bankruptcy Court for the Northern
District of Georgia, Newnan Division.  The company reports an
opening cash balance of $94,225,000 and a closing cash balance of
$93,864,000.

A full-text copy of NewPower Holdings April 2004 Monthly Operating
Report is available at no charge at:

   http://www.sec.gov/Archives/edgar/data/1119307/000090514804002707/efc4-1045_5549078ex991.txt


As previously reported, on August 15, 2003, the United States
Bankruptcy Court for the Northern District of Georgia, Newnan
Division confirmed the Second Amended Chapter 11 Plan with respect
to NewPower Holdings, Inc. and TNPC Holdings, Inc., a wholly owned
subsidiary of the Company. As previously reported, on February 28,
2003, the Bankruptcy Court previously confirmed the Plan, and the
Plan has been effective as of March 11, 2003, with respect to The
New Power Company, a wholly owned subsidiary of the Company. The
Plan became effective on October 9, 2003 with respect to the
Company and TNPC.


PEGASUS: Parent's Consolidated March 31, 2004 Balance Sheet
-----------------------------------------------------------

                PEGASUS COMMUNICATIONS CORPORATION
              CONDENSED CONSOLIDATED BALANCE SHEETS
                        At March 31, 2004

ASSETS:

Currents assets:
   Cash and cash equivalents                      $64,243,000
    Restricted cash                                62,664,000
   Accounts receivable, net
     Trade                                         22,241,000
     Other                                         10,636,000
   Deferred subscriber acquisition costs, net       7,950,000
   Prepaid expenses                                 5,656,000
   Other current assets                             6,269,000
                                               --------------
     Total current assets                         179,659,000
Property and equipment, net                        80,542,000
Intangible assets, net                          1,583,531,000
Other noncurrent assets                           168,798,000
                                               --------------
   Total                                       $2,012,530,000
                                               ==============
LIABILITIES & EQUITY:

Current liabilities:

   Current portion of long term debt              $19,625,000
   Accounts payable                                11,073,000
   Accrued interest                                21,572,000
   Accrued programming fees and commissions        57,642,000
   Litigation verdict accrual                      58,000,000
   Other accrued expenses                          22,356,000
   Other current liabilities                        7,293,000
                                               --------------
     Total current liabilities                    197,561,000
Long term debt                                  1,372,799,000
Mandatorily redeemable preferred stock             86,038,000
Other noncurrent liabilities                       78,825,000
                                               --------------
   Total liabilities                            1,735,223,000
                                               --------------
Commitments and contingent liabilities
Redeemable preferred stocks                       214,330,000
Minority interest                                   8,834,000
Common stockholders' equity:
   Common stock                                        65,000
   Other common stockholders' equity               54,078,000
                                               --------------
     Total common stockholders' equity             54,143,000
                                               --------------
   Total                                       $2,012,530,000
                                               ==============


PEGASUS: Satellite Comm's March 31, 2004 Balance Sheet
------------------------------------------------------

              PEGASUS SATELLITE COMMUNICATIONS, INC.
              CONDENSED CONSOLIDATED BALANCE SHEETS
                        At March 31, 2004

ASSETS:

Currents assets:
   Cash and cash equivalents                       $9,058,000
    Restricted cash                                62,511,000
   Accounts receivable, net
     Trade                                         22,178,000
     Other                                         10,017,000
   Deferred subscriber acquisition costs, net       7,950,000
   Prepaid expenses                                 4,363,000
   Other current assets                             6,256,000
                                               --------------
     Total current assets                         122,333,000
Property and equipment, net                        62,081,000
Intangible assets, net                          1,428,167,000
Other noncurrent assets                           150,302,000
                                               --------------
   Total                                       $1,762,883,000
                                               ==============

LIABILITIES & EQUITY:

Current liabilities:
   Current portion of long term debt              $19,506,000
   Accounts payable                                 8,986,000
   Accrued interest                                21,505,000
   Accrued programming fees and commissions        57,642,000
   Litigation verdict accrual                      58,000,000
   Other accrued expenses                          11,801,000
   Other current liabilities                        7,272,000
                                               --------------
     Total current liabilities                    184,712,000
Long term debt                                  1,364,544,000
Mandatorily redeemable preferred stock            178,194,000
Note payable to parent                             42,018,000
Other noncurrent liabilities                      108,727,000
                                               --------------
   Total liabilities                            1,878,195,000
                                               --------------
Commitments and contingent liabilities
Minority interest                                     771,000
Common stockholder's equity:
   Common stock                                         --
   Other common stockholder's equity             (116,083,000)
                                               --------------
     Total common stockholder's equity           (116,083,000)
                                               --------------
   Total                                       $1,762,883,000
                                               ==============


RCN CORP: Releases Financial Projections Through 2009
-----------------------------------------------------
On June 1, 2004, RCN Corporation disclosed its projected operating
results (in millions) through 2009:

                2004     2005     2006     2007     2008     2009
               ------   ------   ------   ------   ------   ------
Total
Revenue        493.3     527.2    580.3    633.3    678.4    718.7    

Gross  
Profit         313.9     335.9    370.2    403.3    428.6    449.1

Net (Loss)
Income        (168.9)   (89.9)    (44.7)   (13.7)    10.1    35.2


A full-text copy of RCN Corporation's Form 8-K is available at no
charge at:

   http://www.sec.gov/Archives/edgar/data/1041858/000095017204001440/0000950172-04-001440.txt


Headquartered in Princeton, New Jersey, RCN Corporation --
http://www.rcn.com/-- is a provider of bundled Telecommunications  
services. The Company, along with its affiliates, filed for
chapter 11 protection (Bankr. S.D.N.Y. Lead Case No. 04-13638) on
May 27, 2004. Frederick D. Morris, Esq., and Jay M. Goffman, Esq.,
at Skadden Arps Slate Meagher & Flom LLP, represent the Debtors in
their restructuring efforts. When the Debtors filed for protection
from their creditors, they listed $1,486,782,000 in assets and
$1,820,323,000 in liabilities.


RELIANCE GROUP: RIC Liquidator's Status Report for Q1 2004
----------------------------------------------------------
M. Diane Koken, Insurance Commissioner of the Commonwealth of  
Pennsylvania, as Liquidator of Reliance Insurance Company, issues
a Status Report on the Liquidation of RIC for the First Quarter
2004.

The Liquidator notes that over 60,000 proofs of claim were filed
immediately before the December 31, 2003 claim filing deadline.  
These claims are still being logged and assigned in RIC's
systems.

Ms. Koken reports that, at the end of the fourth quarter 2003,
RIC held $5,900,000,000 in assets.  The most significant balance
was $3,700,000,000, relating to reinsurance receivables and
future reinsurance recoverables.  This figure was reduced from a
$3,900,000,000 estimate in the Fourth Quarter Report.  Total
liabilities are estimated at $8,700,000,000, with the most
significant balance, $5,700,000,000 attributable to loss and loss
adjustment expenses on direct business.  The Statement reflects
$931,000,000 in losses and loss adjustment expenses paid by
Guaranty Associations.  This figure includes data reported to the
estate through an automated interface on a time lag basis.  Since
not all states were reporting through this system at the end of
the quarter, actual payments by GAs are higher.  The gross
estimate for losses and loss adjustment expenses remains at
$6,600,000,000, as reported in the fourth quarter.

Short and intermediate duration marketable investments decreased
from $602,600,000 to $464,300,000 at the end of the period.  This
was due to the early access distribution to the GAs.

Reinsurance collections, the primary source of funds, totaled
$201,000,000.  The estate paid $361,600,000 in early access
payments to the GAs.  The estate repaid an $18,700,000 advance to
RIC made subsequent to rehabilitation from a wholly owned
subsidiary.  Loss adjustment expenses were $10,000,000.  
Operating expenses were $159,600,000.

At December 31, 2003, RIC held Symbol Technologies common stock
worth $178,800,000.  During the first quarter of 2004, RIC sold
$11,500,000 worth of Symbol stock.  On April 30, 2004, the market
value was $12 per share.

RIC estimates current and future premium receivables at
$135,900,000.  This includes receivables arising from large
deductible policies billed in 2003, whose ownership is disputed.

At December 31, 2003, reinsurance receivables and recoverables
total $3,700,000,000, down $200,000,000.  RIC holds about
$1,200,000,000 in collateral as security.  Total reinsurance
collections in 2003 amount to $201,000,000, with total
collections since the date of liquidation of $586,200,000.  The
inventory of billed reinsurance receivables is $724,500,000 as of
December 31, 2003.  Of this amount, approximately $272,000,000
relates to pre-liquidation balances.  This balance relates to
amounts in both formal and informal dispute, amounts available to
reinsurers are legitimate offsets and balances due from insolvent
and financially distressed companies.

Data feeds from the Guaranty Associations providing paid and
outstanding claim information were loaded into RIC's systems in
April 2003.  The GA data plus the Notices of Determination
generated about $558,500,000 of new reinsurance billings during
2003, of which $452,500,000 was unpaid at December 31, 2003.  The
amount collected will ultimately be much lower due to disputes,
offsets and insolvencies.  Total allowable GA administrative
expenses paid by the RIC estate through March 31, 2004 is
$58,000,000.

RIC is aggressively attempting to collect reinsurance billings
and is in constant contact with its major reinsurers.  Formal
dispute resolution actions continue against several of the
reinsurers with substantial overdue balances, including John
Hancock Life Insurance Company and various Underwriters at
Lloyd's.  At the end of 2003, RIC had completed over 35 on-site
reinsurance audits at various GAs.

In February 2004, an arbitration panel issued a decision
favorable to the Liquidator in its dispute with LDG Re and the
Members of Workers Compensation Alternative Facility 1.  The
estate has collected over $44,000,000 awarded by the panel, with
over $6,600,000 being appealed by the reinsurer.

Ms. Koken advises that reinsurer financial strength is a problem  
and will continue to be a major concern for the duration of the
RIC liquidation proceedings.  RIC is monitoring the financial  
condition of its major reinsurers and will attempt to settle its  
overall exposure with distressed companies through commutation.   
However, significant write-offs for uncollectible reinsurance are  
expected, Ms. Koken says.  RIC is liable for $1,200,000,000 in
loss and loss adjustment expenses on assumed reinsurance
business.

At March 31, 2004, RIC had a total of 409 employees in both the
Philadelphia and New York City offices.  Since January 2004, RIC
has hired 10 employees in the claims department due to higher
than anticipated proof of claim volume.  Staff has been reduced
in most other areas, resulting in a net decrease of 23 employees.

The Liquidator has devoted considerable resources to general
asset recovery, through numerous plaintiff actions to recover
assets owed to the estate.  These include litigation and
arbitration for:

   (1) collections from agencies, TPAs, brokers or program
       managers -- approximately $43,000,000 sought;

   (2) claims in bankruptcy against financially distressed
       insureds -- approximately $162,000,000 sought;

   (3) subrogation matters -- approximately $36,500,000 sought;

   (4) premium and large deductible collections -- approximately
       $24,000,000 sought;

   (5) reinsurance recoveries -- approximately $171,000,000
       sought; and

   (6) other litigation -- approximately $1,000,000 sought.

The amounts likely recovered will be significantly less.  During
the first quarter 2004, the Liquidator recovered in excess of
$44,700,000 through legal actions for reinsurance receivables and
unpaid premiums.

Through March 31, 2004, RIC received 158,608 proofs of claim.  Of
that total:

          2,509   were rejected as unsigned or altered;
         33,464   are contingent claims; and
         30,673   are currently being handled by GAs.

The Proof of Claim count continues to climb as RIC has been
reviewing, logging and assigning the more than 60,000 Proofs of
Claim that were received in the last few weeks of 2003.  In
response to the Proofs of Claim, RIC has mailed 116,042 status
letters and issued 26,964 NODs.  For all NODs issued through
March 31, 2004, the Liquidator has allowed $127,709,515 in
claims.

           Reliance Insurance Company (In Liquidation)
                  Special Purpose Balance Sheet
                       At December 31, 2003

Assets

  Short-term Investments                      $464,300,000
  Symbol Technologies Common Stock             178,800,000
  Non-liquid Investments                        19,900,000
  Investments in Trust - Secured Creditors     321,600,000
  Real Estate Investments                       27,500,000
                                           ---------------
  Invested Assets                            1,012,100,000

  Investments in Affiliates                    129,000,000
                                           ---------------
Total Invested Assets                        1,141,100,000

  Premium Balances                             135,900,000
  Reinsurance Receivable                       724,500,000
  Reinsurance Recoverable                    2,992,100,000
  Early Access to Guaranty Associations        789,400,000
  Other Assets                                  85,300,000
                                           ---------------
Total Assets                                $5,868,300,000
                                           ===============

Liabilities

  Loss & Loss Adjustment Expenses - GAs        930,500,000
  Loss & Loss Adjustment Expenses - Direct   5,689,800,000
  Loss & Loss Adjustment Expenses - Assumed  1,232,700,000
  Funds Held                                   448,500,000
  Other Liabilities                            419,800,000
                                           ---------------
Total Liabilities                            8,721,300,000
                                           ---------------
Net Deficit                                ($2,853,000,000)
                                           ===============


           Reliance Insurance Company (In Liquidation)
                     Statement of Cash Flow
              January 1, 2003 to December 31, 2003

Beginning Balance                             $602,600,000

Sources:
  Reinsurance Collections                      201,000,000
  Premium Collections                           29,400,000
  Subrogation Recoveries                        34,500,000
  Net Release of Secured Funds
    Cambridge Settlement                        17,900,000
  Released From Trust                           22,400,000
  Sales of Real Estate                          14,600,000
  Cash Receipts from Foreign Subsidiaries        9,400,000
  Collateral Drawdowns                          21,000,000
  Investment Appreciation                       14,300,000
  Net Checks Outstanding at 12/31/04            35,300,000
  Other                                         11,800,000
                                           ---------------
Total Sources                                  411,600,000
                                           ---------------

Uses:

  Early Access to GAs                         (361,600,000)
  Repayment to Non-Insurance Sub               (18,700,000)
  Loss & Loss Adjustment Expenses              (10,000,000)
  Operating Expenses                          (159,600,000)
                                           ---------------
Total Uses                                    (549,900,000)
                                           ---------------
Net Increase in Funds                         (138,300,000)

Ending Balance                                $464,300,000
                                           ===============


Headquartered in New York, New York, Reliance Group Holdings, Inc.
-- http://www.rgh.com/-- is a holding company that owns 100% of  
Reliance Financial Services Corporation.  Reliance Financial, in
turn, owns 100% of Reliance Reliance Insurance Company.  The
Company filed for chapter 11 protection on June 12, 2001 (Bankr.
S.D.N.Y. Case No. 01-13403).  When the Company filed for
protection from their creditors,  they listed $12,598,054,000 in
assets and $12,877,472,000 in debts. (Reliance Bankruptcy News,
Issue No. 54; Bankruptcy Creditors' Service, Inc., 215/945-7000)    


SPIEGEL INC: April 2004 Net Loss Narrows to $12 Million
-------------------------------------------------------
Spiegel Inc.'s Statement of Operations for the month ending May 1,
2004, shows a $12 million net loss on $91.2 million of revenues.
The company's balance sheet shows a stockholders' deficit of
$934.4 million against $802 million in total assets.

A full-text copy of Spiegel Inc.'s Monthly Operating Report is
available at no charge at:

   http://www.sec.gov/Archives/edgar/data/276641/000119312504100229/dex99.htm


Headquartered in Downers Grove, Illinois, Spiegel, Inc. --
http://www.spiegel.com/-- is a leading international general  
merchandise and specialty retailer that offers apparel, home
furnishings and other merchandise through catalogs, e-commerce
sites and approximately 560 retail stores. The Company filed for
Chapter 11 protection on March 17, 2003 (Bankr. S.D.N.Y. Case No.
03-11540).  James L. Garrity, Jr., Esq., and Marc B. Hankin, Esq.,
at Shearman & Sterling represent the Debtors in their
restructuring efforts.  When the Company filed for protection from
its creditors, it listed $1,737,474,862 in assets and
$1,706,761,176 in debts.


TRENWICK GROUP: Reports Positive Net Income in April 2004
---------------------------------------------------------
On May 20, 2004, Trenwick America Corporation, Trenwick Group Ltd.
(in provisional liquidation) and LaSalle Re Holdings Limited (in
provisional liquidation) filed monthly operating reports for the
month ended April 30, 2004 and the period from August 20, 2003 to
April 30, 2004 with the United States Bankruptcy Court for the
District of Delaware.

Trenwick Group Ltd. (Bankr. D. Del. Case No. 03-12636), reports an  
$11.9 million profit for the month ending April 30 2004, and a  
cumulative $81.3 million loss for the period from August 20, 2003  
to April 30, 2004.  A full-text copy of Trenwich Group's March  
Operating Report is available at no charge at:

   http://www.sec.gov/Archives/edgar/data/1122211/000116923204003219/d59846_ex99-1.txt


Trenwick America Corporation (Bankr. D. Del. Case No. 03-12635)  
reports a $10.9 million profit in April 2004 and a cumulative
$55.6 million loss during the course of its chapter 11
restructuring.  A full-text copy of Trenwick America's March
Operating Report is available at no charge at:

   http://www.sec.gov/Archives/edgar/data/1122211/000116923204003219/d59846_ex99-2.txt


LaSalle Re Holdings Limited (Bankr. D. Del. Case No. 03-12637)  
reports $1,144,500 of positive net income in April 2004 and a  
cumulative $4.8 million post-petition loss.  A full-text copy of  
LaSalle's March Operating Report is available at no charge at:

   http://www.sec.gov/Archives/edgar/data/1001384/000116923204003220/d59848_ex99-1.txt  


On August 20, 2003, TGL and LaSalle Re Holdings Limited (in
provisional liquidation) filed insolvency proceedings in the
Supreme Court of Bermuda. On August 22, 2003, the Bermuda Court
granted an order appointing Michael Morrison and John Wardrop,
partners of KPMG in Bermuda and KPMG LLP in the United Kingdom,
respectfully, as Joint Provisional Liquidators ("JPLs") in respect
of TGL and LaSalle. The Bermuda Court granted the JPLs the power
to oversee the continuation and reorganization of these companies'
businesses under the control of their boards of directors and
under the supervision of the Bankruptcy Court and the Bermuda
Court. The JPLs have not audited the contents of this report.


WEIRTON STEEL: April 2004 Net Income Climbs to $14.7 Million
------------------------------------------------------------

                    Weirton Steel Corporation
          Unaudited Consolidated Condensed Balance Sheet
                     As of April 30, 2004

Assets
Current Assets
   Cash equivalents,
      including restricted cash of $214                $714,000
   Receivables, less allowances of $6,269           117,817,000
   Inventories, net                                  82,253,000
   Other current assets                               5,125,000
                                                 --------------
      TOTAL CURRENT ASSETS                          205,912,000

   Property, plant and equipment, net               302,766,000
   Other assets and deferred charges                  5,955,000
                                                 --------------
      TOTAL ASSETS                                 $514,633,000
                                                 ==============

Liabilities
Current Liabilities
   DIP facility                                      81,771,000
   Current portion of notes and bonds payable        55,018,000
   Payables                                          28,943,000
   Accrued employee costs and benefits               24,399,000
   Accrued taxes other than income taxes              6,896,000
   Other current liabilities                          4,973,000
                                                 --------------
      TOTAL CURRENT LIABILITIES                     202,000,000

Notes and bonds payable                                       -
Other long term liabilities                           4,692,000

Liabilities Subject to Compromise                 1,569,548,000
Redeemable Stock                                     19,032,000

Stockholders' Equity (Deficit)
Common stock, $0.01 par value                           441,000
Additional paid-in capital                          458,199,000
Additional deficit                               (1,741,190,000)
Less: Common treasury stock, at cost,
   1,977,590 shares                                 (10,260,000)
Accumulated other comprehensive loss                          -
                                                 --------------
   TOTAL STOCKHOLDERS' DEFICIT                   (1,280,639,000)
                                                 --------------
   TOTAL LIABILITIES, REDEEMABLE STOCK AND
   STOCKHOLDERS' DEFICIT                           $514,633,000
                                                 ==============


                    Weirton Steel Corporation
         Unaudited Consolidated Statements of Operations
                 For the month ended April 30, 2004

Net Sales                                          $106,728,000

Operating Costs:
   Cost of Sales                                     85,379,000
   Selling, general and administrative expenses       1,123,000
   Depreciation                                       4,105,000
                                                 --------------
      TOTAL OPERATING COSTS                          90,607,000

Income from Operations                               16,121,000

   Reorganization Items                              (1,021,000)
   Other Income                                         500,000
   Gain from unconsolidated subsidiaries                496,000
   Interest Expense                                  (1,353,000)
                                                 --------------
Income before Income Taxes                           14,743,000
   Income tax (benefit) expense                               -
                                                 --------------
   NET INCOME                                       $14,743,000
                                                 ==============


                    Weirton Steel Corporation
         Unaudited Consolidated Statements of Cash Flows
                 For the month ended April 30, 2004

Cash Flows from Operating Activities:
   Net income                                       $14,743,000
   Adjustments to reconcile net loss to net cash
     used by operating activities:
     Depreciation                                     4,105,000
     Income from unconsolidated subsidiaries           (496,000)
     Amortization of financing costs                    171,000
     Reorganization items                             1,021,000
     Gain on early extinguishments of debt                    -
     Cash provided (used) by working capital items:
       Receivables                                   (1,116,000)
       Inventories                                   14,282,000
       Other current assets                           1,827,000
       Payables                                     (17,032,000)
       Accrued employee costs and benefits           (1,389,000)
       Other current liabilities                     (1,594,000)
   Other                                               (261,000)
                                                 --------------
   Net cash used by operating activities before
      reorganization items                           14,261,000
   Reorganization items                                (572,000)
                                                 --------------
   NET CASH PROVIDED BY OPERATING ACTIVITIES         13,689,000
                                                 --------------

Cash flow from financing investing activities:
   Capital spending                                      (2,000)
                                                 --------------
   NET CASH USED BY INVESTING ACTIVITIES                 (2,000)
                                                 --------------

Cash flow from financing activities:
   Net borrowings on DIP credit facility            (13,187,000)
   Repayment of debt obligations                              -
                                                 --------------
   NET CASH PROVIDED BY FINANCING ACTIVITIES        (13,187,000)
                                                 --------------
Net change in cash and cash equivalents                 500,000

Cash and equivalents at beginning of period             214,000
                                                 --------------
Cash and equivalents at end of period                  $714,000
                                                 ==============


WORLD ACCESS: Releases April 2004 Monthly Operating Reports
-----------------------------------------------------------
World Access, Inc., and its WA Telcom Products Co., Inc., World
Access Telecommunications Group, Inc., FaciliCom International,
L.L.C. and WorldxChange Communications, Inc., subsidiaries
released Monthly Operating Reports this week for April 2004.

The companies caution that the information in these reports is
unaudited and has not been reviewed by an independent accountant.

The Monthly Operating Reports for the month ending April 30, 2004
show:

                              
                                 Beginning Cash     Ending Cash
                                     Balance         Balance
Debtor Entity                   --------------    --------------
-------------                   
World Access, Inc.              $14,171,418.23    $13,879,969.27

WA Telcom Products             
    Co., Inc.                     10,088,233.75     10,095,336.91

World Access Telecommunications
    Group, Inc.                    7,694,896.63      7,711,659.29

FaciliCom International, L.L.C.   14,285,813.88    14,353,995.70

WorldxChange Communications.      3,295,105.70      3,295,105.70


Full-text copies of the Debtors' Monthly Operating Reports are
available at no charge at:

World Access Inc.:
   http://www.sec.gov/Archives/edgar/data/1071645/000095014404006123/g89557exv99w1.txt

WA Telcom Products Co., Inc.:
   http://www.sec.gov/Archives/edgar/data/1071645/000095014404006123/g89557exv99w2.txt

World Access Telecommunications Group, Inc.:
   http://www.sec.gov/Archives/edgar/data/1071645/000095014404006123/g89557exv99w3.txt      

Facilicom International, L.L.C.:
   http://www.sec.gov/Archives/edgar/data/1071645/000095014404006123/g89557exv99w4.txt

WorldxChange Communications:
   http://www.sec.gov/Archives/edgar/data/1071645/000095014404006123/g89557exv99w5.txt


On April 24, 2001, World Access, Inc., and its debtor-affiliates
filed for chapter 11 protection in the United States Bankruptcy
Court for the Northern District of Illinois, Eastern Division
(Bankr. Case No. 01-14633-SPS).  


USG CORP: Reports $21.5 Million April 2004 Net Earnings
-------------------------------------------------------

USG Corporation, et al.
Consolidated Balance Sheet                        30-April-2004
__________________________                        _____________

Assets:
Cash and cash equivalents                          $402,519,000
Marketable Securities                                39,343,000
Restricted Cash                                      23,527,000
Receivables                                         394,850,000
Inventories                                         276,287,000
Income taxes receivable                              20,993,000
Deferred income taxes                                42,655,000
Other current assets                                 44,599,000
                                                  -------------
Total current assets                              1,244,773,000

Property, plant and equipment, net                1,568,975,000
Marketable Securities                               232,798,000
Deferred income taxes                               157,748,000
Goodwill                                             41,201,000
Other assets                                        349,545,000
                                                  -------------
Total Assets                                     $3,595,040,000
                                                  =============

Liabilities and Stockholders' Equity:
Accounts payable                                   $223,985,000
Accrued expenses                                    153,496,000
Taxes on income                                      12,869,000
                                                  -------------
Total current liabilities                           390,350,000

Other liabilities                                   406,930,000
Liabilities subject to compromise                 2,241,350,000

Stockholders' Equity:
Common stock                                          4,998,000
Treasury stock                                     (258,005,000)
Capital received in excess of par value             101,604,000
Accumulated other comprehensive income/(loss)        13,389,000
Retained earnings                                   694,424,000
                                                  -------------
Total stockholders' equity                          556,410,000
                                                  -------------
Total Liabilities and Stockholders' Equity       $3,595,040,000
                                                  =============


USG Corporation, et al.                            Month Ending
Consolidated Income Statement                     30-April-2004
_____________________________                     _____________

Net sales                                          $338,057,000

Cost of products sold                               279,748,000
Selling and administrative expenses                  21,182,000
Chapter 11 reorganization expenses                     (405,000)
Interest expense                                        274,000
Interest income                                        (150,000)
Other (income)/expense, net                             300,000
                                                  -------------
Earnings/(loss) before income taxes                  37,108,000

Income taxes (benefit)                               15,567,000
                                                  -------------
Net Earnings/(loss)                                 $21,541,000
                                                  =============

Headquartered in Chicago, Illinois, USG Corporation --
http://www.usg.com/-- through its subsidiaries, is a leading  
manufacturer and distributor of building materials producing a
wide range of products for use in new residential, new
nonresidential and repair and remodel construction, as well as
products used in certain industrial processes.  The Company filed
for chapter 11 protection on June 25, 2001 (Bankr. Del. Case No.
01-02094).  David G. Heiman, Esq., and Paul E. Harner, Esq., at
Jones, Day, Reavis & Pogue represent the Debtors in their
restructuring efforts. When the Debtors filed for protection from
their creditors, they listed $3,252,000,000 in assets and
$2,739,000,000 in debts. (USG Bankruptcy News, Issue No. 67;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers'
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.  
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Wednesday's edition of the TCR. Submissions about insolvency-
related conferences are encouraged. Send announcements to
conferences@bankrupt.com.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals. All titles are
available at your local bookstore or through Amazon.com. Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

For copies of court documents filed in the District of Delaware,
please contact Vito at Parcels, Inc., at 302-658-9911. For
bankruptcy documents filed in cases pending outside the District
of Delaware, contact Ken Troubh at Nationwide Research &
Consulting at 207/791-2852.

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S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published by
Bankruptcy Creditors' Service, Inc., Fairless Hills, Pennsylvania,
USA, and Beard Group, Inc., Frederick, Maryland USA.  The TCR is
published every Monday through Saturday except on New Year's Day,
Good Friday, Christmas Eve, Christmas Day and New Year's Eve.  
Yvonne L. Metzler, Bernadette C. de Roda, Rizande B. Delos Santos,
Paulo Jose A. Solana, Jazel P. Laureno, Aileen M. Quijano and
Peter A. Chapman, Editors.

Copyright 2004.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $675 for 6 months delivered via e-
mail. Additional e-mail subscriptions for members of the same firm
for the term of the initial subscription or balance thereof are
$25 each.  For subscription information, contact Christopher
Beard at 240/629-3300.

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