424B5 1 be12030043-424b5.txt PRICING SUPPLEMENT NO. 3 THE BEAR STEARNS COMPANIES INC. IncomeNotes(SM) With Maturities of Nine Months or More from Date of Issue Registration No. 333-136666 Filed Pursuant to Rule 424(b)(5) Pricing Supplement No. 3 (To Prospectus dated August 16, 2006) Trade Date: February 25, 2008 Issue Date: February 28, 2008 The date of this Pricing Supplement is February 19, 2008
----------------------------------------------------------------------------------------------------------------------------------- IncomeNotes(SM) due February 15, 2010 ----------------------------------------------------------------------------------------------------------------------------------- Interest Price to Discounts & Payment CUSIP# Interest Rate Maturity Date Public Commissions Reallowance Dealer Frequency ----------------------------------------------------------------------------------------------------------------------------------- 07387EHWO 5.30% 02/15/2010 100.00% 0.400% 0.100% 99.700% Semi Annually ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- First Interest Survivor's First Interest Payment Date Payment Amount Option Subject to Redemption Date and Terms of Redemption ----------------------------------------------------------------------------------------------------------------------------------- 08/15/2008 $26.50 Yes No Non-redeemable. ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- IncomeNotes(SM) due February 15, 2018 ----------------------------------------------------------------------------------------------------------------------------------- Interest Price to Discounts & Payment CUSIP# Interest Rate Maturity Date Public Commissions Reallowance Dealer Frequency ----------------------------------------------------------------------------------------------------------------------------------- 07387EHX8 7.50% 02/15/2018 100.00% 1.500% 0.200% 98.750% Semi Annually ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- First Interest Survivor's First Interest Payment Date Payment Amount Option Subject to Redemption Date and Terms of Redemption ----------------------------------------------------------------------------------------------------------------------------------- 08/15/2008 $37.50 Yes Yes Commencing on 2/15/2010 and on each interest payment date thereafter, the Notes may be called at par at the option of the Company on thirty days' notice. ----------------------------------------------------------------------------------------------------------------------------------- *** The distribution of IncomeNotes(SM) will conform to the requirements set forth in Rule 2720 of the NASD Conduct Rules.