Alternative Investment
Strategies

WORLD MONITOR TRUST--
SERIES C

MONTHLY REPORT/
AUGUST 30, 2002


PRUDENTIAL FINANCIAL (LOGO)



         WORLD MONITOR TRUST--SERIES C
--------------------------------------------------------------------------------
Dear Interest Holder:

Enclosed is the report for the period from July 27, 2002 to August 30, 2002 for
World Monitor Trust--Series C ('Series C'). The net asset value of an interest
as of August 30, 2002 was $81.54, a decrease of 1.43% from the July 26, 2002
value of $82.72. The calendar year-to-date return for Series C was an increase
of 9.20% as of August 30, 2002.

The estimated net asset value per interest as of September 13, 2002 was $81.48.
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 (212) 778-2443.

          Sincerely yours,


          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.


STATEMENT OF OPERATIONS
-------------------------------------------------
                                     
For the period from July 27, 2002 to
  August 30, 2002
Revenues:
Realized gain on commodity
  transactions.......................   $ 106,610
Change in unrealized commodity
  positions..........................    (147,156)
Interest income......................      11,711
                                        ---------
                                          (28,835)
                                        ---------
Expenses:
Commissions..........................      37,860
Management fee.......................       9,794
                                        ---------
                                           47,654
                                        ---------
Net loss.............................   $ (76,489)
                                        ---------
                                        ---------



STATEMENT OF CHANGES IN NET ASSET VALUE
--------------------------------------------------
                                     
For the period from July 27, 2002 to
  August 30, 2002


                                             Per
                                Total      Interest
                              ----------   -------
                                     
Net asset value at beginning
  of period (65,751.831
  interests)................  $5,439,249   $ 82.72
Net loss....................     (76,489)
Redemptions.................    (581,646)
                              ----------
Net asset value at end of
  period (58,631.795
  interests)................  $4,781,114     81.54
                              ----------   -------
                              ----------

Change in net asset
  value per interest....................   $ (1.18)
                                           -------
                                           -------
Percentage change.......................     (1.43)%
                                           -------
                                           -------


------------------------------------------------------
I hereby affirm that, to the best of my knowledge and belief, the information
contained herein relating to World Monitor Trust--Series C is accurate and
complete.
                         PRUDENTIAL SECURITIES FUTURES
                                MANAGEMENT INC.


                               by: Steven Weinreb
                            Chief Financial Officer