<PAGE>
WORLD MONITOR TRUST II--
SERIES E
MONTHLY REPORT/
APRIL 28, 2000
<PAGE>
WORLD MONITOR TRUST II--SERIES E
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Dear Interest Holder:
We are pleased to welcome you as an investor in World Monitor II--Series E
('Series E') which commenced trading on April 6, 2000. As an investor in Series
E, you will receive a Monthly Report containing financial information monthly
and market commentary quarterly.
Enclosed is the report for the period from April 6, 2000 (inception of trading)
to April 28, 2000 for Series E. The net asset value of an interest as of April
28, 2000 was $98.88, a decrease of 1.12% from Series E's initial $100.00 value.
The estimated net asset value per interest as of May 17, 2000 was $100.20. 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>
STATEMENT OF OPERATIONS
-----------------------------------------------------
For the period from April 6, 2000
(inception of trading) to April 28, 2000
<S> <C>
Revenues:
Realized loss on commodity
transactions........................... $ (99,614)
Change in unrealized commodity
positions.............................. 62,871
Interest income.......................... 18,716
---------
(18,027)
---------
Expenses:
Commissions.............................. 19,752
Management fees.......................... 6,579
Other transaction fees................... 3,711
Other expenses........................... 6,019
---------
36,061
---------
Net loss................................. $ (54,088)
---------
---------
</TABLE>
<TABLE>
STATEMENT OF CHANGES IN NET ASSET VALUE
--------------------------------------------------------
For the period from April 6, 2000
(inception of trading) to April 28, 2000
<CAPTION>
Per
Total Interest
---------- --------
<S> <C> <C>
Net asset value at beginning of
period (10.000 interests)...... $ 1,000 $ 100.00
Contributions.................... 5,371,459
Net loss......................... (54,088)
Redemptions...................... (23,063)
----------
Net asset value at end of
period (53,550.331
interests)..................... $5,295,308 98.88
----------
----------
Change in net asset
value per interest......................... $ (1.12)
--------
--------
Percentage change............................ (1.12)%
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--------
</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 II--Series E is accurate and
complete.
PRUDENTIAL SECURITIES FUTURES
MANAGEMENT INC.
by: Barbara J. Brooks
Chief Financial Officer
/s/ Barbara J. Brooks
-----------------------
by: Barbara J. Brooks
Chief Financial Officer
