THE BEAR STEARNS COMPANIES INC.
IncomeNotes(SM)
With Maturities of Nine Months or More from Date of Issue
Registration No. 333-104455
Filed Pursuant to Rule 424(b)(3)
Pricing Supplement No. 1
(To Prospectus dated April 24, 2003,
and Prospectus Supplement dated June 19, 2003)
Trade Date: June 30, 2003
Issue Date: July 3, 2003
The date of this Pricing Supplement is June 30, 2003
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Interest
Price to Discounts & Payment
CUSIP# Interest Rate Maturity Date Public Commissions Reallowance Frequency
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07387EAA5 2.70% July 15, 2008 100.00% 1.00% 99.40% Semi
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07387EAB3 4.00% July 15, 2013 100.00% 1.50% 99.10% Semi
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Subject to Redemption
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First Interest Survivor's Date and Terms of Aggregate
Payment Date Option Yes/No Redemption Principal Amount Net Proceeds
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January 15, 2004 Yes No N/A $872,000 $863,280
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January 15, 2004 Yes No N/A $1,233,000 $1,214,505
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The distribution of IncomeNotes will conform to the requirements set forth in
Rule 2720 of the NASD Conduct Rules.