UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Jaffe, Lawrence E 777 Terrace Avenue Hasbrouck Heights, NJ 07604 USA 2. Issuer Name and Ticker or Trading Symbol Medicore, Inc. MDKI 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year June 27, 2001 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Secretary 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person

Explanation of Responses: *Gift of 20,000 shares each to four children and daughter-in-law, all of whom are independent of the reporting person, who disclaims beneficial ownership of any of their shares of common stock of the Company. SIGNATURE OF REPORTING PERSON Lawrence E. Jaffe DATE August 31, 2001

JAFFE LAWRENCE E 4