THE BEAR STEARNS COMPANIES INC.
IncomeNotes(SM)
With Maturities of Nine Months or More from Date of Issue
Registration No. 333-109793
Filed Pursuant to Rule 424(b)(3)
Pricing Supplement No. 28
(To Prospectus dated November 17, 2003,
and Prospectus Supplement dated November 17, 2003)
Trade Date: June 21, 2004
Issue Date: June 24, 2004
The date of this Pricing Supplement is June 21, 2004
Fixed Rate Notes
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Interest
Maturity Price to Discounts & Payment
CUSIP# Interest Rate Date Public Commissions Reallowance Dealer Frequency
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07387EFM4 6.00% 6/15/2019 100.00% 2.00% 0.350% 98.40% Semi
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07387EFN2 6.30% 6/15/2029 100.00% 2.50% 0.350% 98.00% Semi
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Subject to Redemption
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Aggregate
First Interest First Interest Survivor's Principal
Payment Date Payment Amount Option Yes/No Date and Terms of Redemption Amount Net Proceeds
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12/15/2004 $28.50 Yes Yes Commencing on 6/15/2007 and on the 15th of $1,595,000 $1,563,100
each month thereafter until Maturity, the
Notes may be called in whole at par at the
option of the Company on ten calendar days
notice.
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12/15/2004 $29.93 Yes Yes Commencing on 6/15/2009 and on the 15th of $6,397,000 $6,237,075
each month thereafter until Maturity, the
Notes may be called in whole at par at the
option of the Company on ten calendar days
notice.
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The distribution of IncomeNotes will conform to the requirements set forth in
Rule 2720 of the NASD Conduct Rules.