4 2003-05-08 0 0000080124 PRESIDENTIAL LIFE CORP plfe 0001042589 COHEN PETER A 1 0 0 0 Presidential Life Corporation, PLFE 2003-05-08 4 P 0 5000 8.82 A 239845 I By Peter Cohen for Ramius Securities LLC 43,595 indirect by Peter Cohen for Ramius Securities LLC; 190,000 direct; 1,250 indirect by spouse; 5,000 indirect as trustee The Securities of the Issuer were acquired by Ramius Securities, LLC ("Ramius"). Peter A. Cohen is one of the three managing members of C4S & Co., LLC, the sole managing member of Ramius. As a result Messr. Cohen may be considered a beneficial owner of said securities, however he disclaims such beneficial ownership except to the extent of his pecuniary interest therein. Peter Cohen 2003-05-09