<PAGE>
WORLD MONITOR TRUST II--
SERIES E
MONTHLY REPORT/
NOVEMBER 24, 2000
<PAGE>
WORLD MONITOR TRUST II--SERIES E
-------------------------------------------------------------------------------
Dear Interest Holder:
Enclosed is the report for the period from October 28, 2000 to November 24, 2000
for World Monitor Trust II--Series E ('Series E'). The net asset value of an
interest as of November 24, 2000 was $104.16, an increase of 8.33% from the
October 27, 2000 value of $96.15. The year-to-date return for Series E, which
commenced trading on April 6, 2000, was an increase of 4.16% as of November 24,
2000.
The estimated net asset value per interest as of December 14, 2000 was $110.08.
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/ Eleanor L. Thomas
-----------------------
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
------------------------------------------------
<S> <C>
For the period from October 28, 2000
to November 24, 2000
Revenues:
Realized gain on commodity
transactions....................... $ 63,737
Change in unrealized commodity
positions.......................... 374,244
Interest income...................... 25,389
--------
463,370
--------
Expenses:
Commissions.......................... 23,303
Incentive fees....................... 15,128
Management fees...................... 7,778
Other transaction fees............... 1,736
Other expenses....................... 5,858
--------
53,803
--------
Net gain............................. $409,567
--------
--------
</TABLE>
<TABLE>
<CAPTION>
STATEMENT OF CHANGES IN NET ASSET VALUE
----------------------------------------------------
<S> <C> <C>
For the period from October 28, 2000
to November 24, 2000
Per
Total Interest
---------- --------
Net asset value at beginning
of period (52,442.298
interests)................. $5,042,507 $96.15
Contributions................ 4,000
Net gain..................... 409,567
Redemptions.................. (159,896)
----------
Net asset value at end of
period (50,844.757
interests)................. $5,296,178 104.16
----------
----------
--------
Change in net asset value per interest... $ 8.01
--------
--------
Percentage change........................ 8.33%
--------
--------
</TABLE>
------------------------------------------------------
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.
/s/ Barbara J. Brooks
----------------------
by: Barbara J. Brooks
Chief Financial Officer