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. 22
(To Prospectus dated November 17, 2003,
and Prospectus Supplement dated November 17, 2003)
Trade Date: May 10, 2004
Issue Date: May 13, 2004
The date of this Pricing Supplement is May 10, 2004
Fixed Rate Notes
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Interest
Price to Discounts & Payment
CUSIP# Interest Rate Maturity Date Public Commissions Reallowance Dealer Frequency
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07387EFD4 4.00% 5/15/2009 100.00% 1.00% 0.150% 99.25% Semi
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07387EFE2 6.05% 5/15/2029 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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11/15/2004 $21.00 Yes No N/A $487,000 $482,130
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11/15/2004 $31.76 Yes Yes Commencing on 5/15/2009 and on the 15th of each $11,458,000 $11,171,550
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.