Robert Joseph Kelleher

House, Oceanside, California Appraisal 12/5/07 — Rent

Bank of America — None

Southland Credit Union — Interest

Duffer Corp. — None

Schwab U.S. Treasury Money Fund — Interest

Conoco Phillips — Int/Div — Sold

Emerson Electric — Int/Div

FPL Group Inc — Int/Div — Sold

Microsoft Corp. — Int/Div — Sold

Nestle SA Reg. B — Int/Div — Sold

Procter & Gamble — Int/Div

Fed. Farm Cr BK 3.87% 10 notes due OI2810 — Interest — Sold

Fed. Farm Cr BK 3.45% 12 notes due 05/16/12 — Interest — Sold

US Treas Bill 07/31/08 — Interest — Sold

US Treas Bill 01/29/09 — Interest — Sold

US Treas Bill 03/26/09 — Interest — Sold

US Treas Bill 05/28/09 — Interest — Sold

US Treas Bill 11/19/09 — Interest — Sold

Honeywell Intemational — Int/Div — Sold

US Treas Bill 02/25/10 — Interest — Sold

Visalne. CLA — Int/Div

Fed. Natl. Mtg. 2.25% notes due 3/02/17 — Interest — Sold

Aflac, Inc — Int/Div — Sold

American Tower Corp. Class A — Int/Div — Sold

Enterprise Products Partners — Distribution

Seadnll Ltd — Int/Div — Buy

Albemarle Comp. — None — Buy

Albemarle Comp. — None — Sold

Amphenol Corp. Class A — None — Buy

Bristol Myers Squibb Co. — Int/Div — Buy

Baker Hughes Inc — Int/Div — Buy

Baker Hughes Inc — None — Sold

Bank of America Corp. — Int/Div — Buy

Bank of America Corp — None — Sold

Broadcom Corp. Cl A — Iistnbution — Buy

Broadcom Corp. C1 A — None — Sold

Cash Amenca Int. Inc — Int/Div — Buy

Cash America Int. Inc — None — Sold

Caterpillar Inc — Int/Div — Buy

Caterpillar Inc — None — Sold

Centurylink Inc — None — Buy

Centuryhnk Inc — None — Sold

Coach Inc — Int/Div — Buy

Coach Inc — None — Sold

Conagra Foods Inc — Int/Div — Buy

Costco Wholesale Corp. New — None — Buy

Cummins Inc — Int/Div — Buy

Dollar Tree Inc — None — Buy

Expeditors Intl of Wash Inc. CGMI and/or affiliates — None — Buy

Expeditors Intl of Wash Inc. CGMI and/or affiliates — None — Sold

Handy & Harman Ltd — None — Buy

Immunogen Inc. CGMI and/or its affiliates — None — Buy

Immunogen Inc. CGM and/or its affiliates — None — Sold

IShares Silver Trust — None — Buy

IShares Silver Trust — None — Sold

JP Morgan Chase & Co — Int/Div — Buy

Macerich Company — Distribution — Buy

Macerich Company — None — Sold

Mattel Inc. DE — Int/Div — Buy

McDonalds Corp — Int/Div — Buy

Mead Johnson Nutrition Co — Int/Div — Buy

Mead Johnson Nutrition Co. — None — Sold

New York Community Bancorp — Int/Div — Buy

Nestle S A Sponsored ADR — Distribution — Buy

Nestle S A Sponsored ADR — None — Sold

Nike lnc. CIB — Int/Div — Buy

Qualcomm Inc — None — Buy

Schlumberger Ltd — Int/Div — Buy

Schlumberger Ltd — None — Sold

SPDR Gold TR Gold SHS JP1702 — None — Buy

SPDR Gold TR Gold SHS JP1702 — None — Sold

United Health Group Inc — Int/Div — Buy

Verizon Communications — Int/Div — Buy

Visalne. ComCl A — Int/Div — Buy

Visalne. Com Cl A — None — Sold

VMWare Inc — None — Buy

VMWare Inc — None — Sold

Wal-Mart Stores Inc — Int/Div — Buy

Wynn Resorts Lid CGM! and/or its affiliates — None — Buy

Wynn Resorts Ltd. CGM] and/or its affiliates — None — Sold

Member, Executive Commuttee, United States Tenms Association

Member, Executive Commuttee, Southem Californie Tenms Assocution

Section VII - Investments and Trusts:

Line | - House, Oceanside, California, Appraisal 12/05/07