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. 8 (To Prospectus dated February 2, 2005, and Prospectus Supplement dated February 2, 2005) Trade Date: March 28, 2005 Issue Date: March 31, 2005 The date of this Pricing Supplement is March 28, 2005 Fixed Rate Notes ------------------------------------------------------------------------------------------------------------------------------------ Interest Price to Discounts & Payment CUSIP# Interest Rate Maturity Date Public Commissions Reallowance Dealer Frequency ------------------------------------------------------------------------------------------------------------------------------------ 07387EHF7 5.725% 3/15/2030 100.00% 2.50% 0.350% 98.00% Semi ------------------------------------------------------------------------------------------------------------------------------------ Subject to Redemption --------------------- ------------------------------------------------------------------------------------------------------------------------------------ Aggregate First Interest First Interest Survivor's Principal Payment Date Payment Amount Option Yes/No Date and Terms of Redemption Amount Net Proceeds ------------------------------------------------------------------------------------------------------------------------------------ 9/15/2005 $26.24 Yes Yes Commencing on 3/15/2010 and on the 15th of each $804,000 $783,900 month thereafter until Maturity, the Notes may be called in whole at par at the option of the Company on ten calendar days notice. ------------------------------------------------------------------------------------------------------------------------------------ *** The distribution of IncomeNotes will conform to the requirements set forth in Rule 2720 of the NASD Conduct Rules.