<PAGE>
WORLD MONITOR TRUST--
SERIES B
MONTHLY REPORT/
OCTOBER 29, 1999
<PAGE>
WORLD MONITOR TRUST--SERIES B
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Dear Interest Holder:
Enclosed is the report for the period from September 25, 1999 to October 29,
1999 for World Monitor Trust--Series B (the 'Trust'). The net asset value of an
interest as of October 29, 1999 was $123.99, a decrease of 3.25% from the
September 24, 1999 value of $128.15. The 1999 calendar year-to-date return for
the Trust was an increase of 10.73% as of October 29, 1999.
The estimated net asset value per interest as of November 19, 1999 was $122.22.
Past performance is not necessarily indicative of future results.
Should you have any questions, please contact your Prudential Securities
Financial Advisor. For account status inquiries, contact Prudential Securities
Client Services at 1-800-535-2077.
Sincerely yours,
/s/ Joseph A. Filicetti
-----------------------
Joseph A. Filicetti
President and Director
PRUDENTIAL SECURITIES
FUTURES MANAGEMENT INC.
Please note that the value which appears on your Prudential Securities
statement is an estimated value at calendar month-end. The actual value as of
the last Friday of the month is contained in this report.
<TABLE>
<CAPTION>
STATEMENT OF OPERATIONS
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For the period from September 25, 1999 to
October 29, 1999
<S> <C>
Revenues:
Realized loss on commodity
transactions....................... $ (42,526)
Change in unrealized commodity
positions.......................... (717,086)
Interest income...................... 125,819
---------
(633,793)
---------
Expenses:
Commissions.......................... 185,377
Management fee....................... 47,874
Incentive fee........................ 658
---------
233,909
---------
Net loss............................. $(867,702)
---------
---------
</TABLE>
<TABLE>
STATEMENT OF CHANGES IN NET ASSET VALUE
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For the period from September 25, 1999 to
October 29, 1999
<CAPTION>
Per
Total Interest
----------- -------
<S> <C> <C>
Net asset value at
beginning of period
(182,789.445
interests)............... $23,423,830 $128.15
Contributions.............. 2,571,619
Net loss................... (867,702)
Redemptions................ (645,066)
-----------
Net asset value at end of
period (197,450.991
interests)............... $24,482,681 123.99
----------- -------
-----------
Change in net asset
value per interest.................... $ (4.16)
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-------
Percentage change....................... (3.25)%
-------
-------
</TABLE>
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I hereby affirm that, to the best of my knowledge and belief, the information
contained herein relating to World Monitor Trust--Series B is accurate and
complete.
PRUDENTIAL SECURITIES FUTURES
MANAGEMENT INC.
/s/ Barbara J. Brooks
----------------------
by: Barbara J. Brooks
Chief Financial Officer
