THE BEAR STEARNS COMPANIES INC.
IncomeNotes(SM)
With Maturities of Nine Months or More from Date of Issue
Registration No. 333-121744
Filed Pursuant to Rule 424(b)(3)
Pricing Supplement No. 3
(To Prospectus dated February 2, 2005,
and Prospectus Supplement dated February 2, 2005)
Trade Date: February 22, 2005
Issue Date: February 25, 2005
The date of this Pricing Supplement is February 22, 2005
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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07387EHA8 5.375% 2/15/2030 100.00% 2.50% 0.350% 98.00% Semi
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Subject to Redemption
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First
Interest Aggregate
First Interest Payment Survivor's Principal
Payment Date Amount Option Yes/No Date and Terms of Redemption Amount Net Proceeds
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8/15/2005 $25.38 Yes Yes Commencing on 2/15/2010 and on the 15th $1,395,000 $1,360,125
of 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.