David R. Herndon

First Clover Leaf Bank checking acct — Interest

Bank of Edwardsville Checking account — Interest

IRA Account Pershing IRA Account — Int/Div — listed below

IRA) First Horizon Natl Corp

IRA) Fractional Kinder Morgan Mgmt — Sold (part) — in licu of fractal sh

IRA) Fractional Kinder Morgan Mgmt — Sold (part) — mn heu of fractal sh

IRA) Fractional Kinder Morgan Mgmt — Sold (part) — in heu of fracml sh

IRA) Fractional Kinder Morgan Mgmt — Sold (part) — in heu of tractl sh

IRA) Kinder Morgan Mgmt

IRA) Coach Inc Com — Buy — below for sale mn same

IRA) Coach Inc Com — Buy (add'l) — period

IRA) Coach Inc Com — Sold

IRA) Darden Restaurants — Sold

IRA) Nielson Holdings V B Com — Buy

IRA) Ebay Inc Com

IRA} Kraft Foods Grp

IRA) Kraft Foods Grp CALL Option exp Vis 14 — Buy — option

IRA) Omnicom Group Inc

IRA) Vanguard Intl Equity Index Fds FTSE Europe ETF — Buy

IRA) Annaly Cap Mgmt Inc REIT — Sold

IRA) Drevius Treasury Prime MM

TRUST #1 Pershing Brokerage Account — Int/Div — asscts Listed below

Dreyfus Treasury Prime Inv MM

Jackson Cnty Mo Spl Oblig Truman Sports

Deschutes Cnty Ore Sch Dist 5.25%

State Pub Sch Bldg Auth PA Sch Rev £250

West Chester PA Area Sch Dist Ser A 5% 106

Houston Tex Util Sys Rev Rfdg Comb First

Connecticut St Ser C 5% 11/121 B/E

Hampton VA Pub Impt-Ser A Fgic-Mbia qo;

Indiana Univ Revs Student Fee Ser S 5% 221008

Metropolitan Govt Nashville Davidson 5% S/15/23 S20

Metropolitan Govt Nashville Davidson 5% S$/15/23 $80k

Metropolitan Govt Nashville Davidson 5% S/15725 $50k — Sold

Metropolitan Govt Nashville Davidson 5% 101725 $50k

Chicago ILL Sales Tax Rev Sale 5%

Virginia St Res Auth Clean Wir 6/13/04 [04

Conroe Tex Indpt Sch Dist RFDG 5% 2WISR4 — Buy

Humble Tex Indpt Sch Dist Sch Bldg 5% 21/06

Tennessee St Rfdg-Ser A 4% 08/1/25 — Buy

Victoria Tex Indpt Sch Dist Sch Bldg 5% 61507

Keller Tex Indpt Sch Dist Sch Bldg 5% R156 — Buy

Missouri St Brd Pub Bldgs Spl Oblg 4.5%

North Carolina St Pub Impt Ser A 5% 414/10

Dallas Tex Wirwks Swr Sys rev Rfdg Impt 39% 4/1/06 — Sold

Sally Hidgs LLC/Sally cap inc sr sub 10.5% — Redeemed — December 2011

First Tenn Bk NA Memphis Sub Nt 5.05%

HCA Inc No 6.375% 01/15/15

HCA Inc Sr Note 8.0% 10/01/18 — Buy

Chesapeake energy Corp Sr Nt 9.5%

Hanesbrands Inc Fixed Rate Sr Nt 8% — Redeemed

Southwestern Energy Co Med Term Notes T.125%

Accenture PLC Ireland Shs C1 A ACN

Amencan Tower REIT com — Sold (part)

Brookfield Infrasturcture Partners LP — Buy

Brookfield Infrasturcture Partners LP — Buy (add'l)

Brookfield Infrasturcture Partners LP — Sold (part) — of principal

Apple Inc

Bank of America Corp

CBRE Group Inc CL A — Buy — below tor sale mn same

CBRE Group Inc CL A — Sold — pernod

CBS Corp CL B Com — Buy

Chesapeake Energy Corp

Church & Dwight Co Inc

Colgate Palmolive Co — split

Darden Restaurants Inc Com — Sold

EMC Corp (Mass) Com

Energy Transfer Equity L.P

Enterprise Products Partners L.P

Groupon Inc Com CL A — Buy

Groupon Inc Com CL A — Buy (add'l)

Honeywell Intl Inc

Jarden Corp Com — sphit

Kinder Morgan Energy Partners

Lowes Companies Inc

Markwest Energy Partners L.P

Newell Rubbermaid Ine Com — Sold (part)

Philip Moms Intl Inc com — Sold

Plains All American Pipeline L.P

Schlumberger LTD — Sold (part)

Schlumberger LTD — Sold

Verizon Communications Com

Williams Partners L.P

KKR Finl Hldgs LLC PFD Ser A LLC — Buy

Amnaly Cap Mgmt Inc Com — Buy (add'l) — below tor sale in sume

Annaly Cap Mgmt Inc Com — Sold (part) — period

Amaly Cap Mgmt Inc Com — Sold

Starwood Ppty Tr Inc Com

Ishares TR MSCI Emerging Mkts Index Fd — Sold

SPDR GOLD Tr Gold Shs — Sold (part)

SPDR GOLD Tr Gold Shs — Sold (part)

SPDR GOLD Tr Gold Shs — Sold (part)

SPDR GOLD Tr Gold Shs — Sold

Vanguard Intl Equity Index Fds FTSE VWO — Buy — below tor sale in same

Vanguard Intl Equity Index Fds FTSE VWO — Sold — period

Vanguard Intl Equity Index Fds FTSE Europe ETF — Buy

WisdomTree Tr Emerging Mkts Small Cap — Buy

TRUST #2 Pershing Brokerage Account — Int/Div — assets histed below

Drefus Treasury Prime MM

Accenture PLC Ireland Sh Cl A

American Tower REIT com

Brookfield Infrastructure Partners LP Ltd ship — Buy

Brookfield Infrastructure Partners LP Ltd ship — Buy (add'l)

Brookfield Infrasturcture Partners LP — Sold (part) — of principal

Apple Inc

Bank of America Corp — Buy (add'l)

CBRE Group Inc Cl A — Buy — below tor sale in same

CBRE Group Inc CI A — Sold — period.

CBS Corp CL: B Com — Buy

Chesapeake Energy Corp

Church & Dwight Co Inc

Coach Inc Com — Buy — below tor sale mn same

Coach Inc Com — Buy (add'l) — period.

Coach Inc Com — Sold

Colgate Palmolive Co Com — split

Darden Restaurants Inc com — Sold

EMC Corp (Mass) Com

Ebay Inc Com

Freeport McMoran Copper & Gold Inc CL B — Buy

Groupon Ine Com CL A — Buy

Groupon Ine Com CL A — Buy (add'l)

Honeywell Intl Inc

Ishares Trust MSCI Emerging Markets Fd EEM — Sold

SPDR Gold Tr Gold Shs — Sold

Jarden Corp Com — split

Jarden Corp Com — Sold (part) — in heu fractional sh

Kinder Morgan Energy Partners LTD partmershp

Kraft Foods Group Inc Com

Lowes Companies Inc

Newell Rubbermaid Inc Com

Nielson Holdings B V Com — Buy

Omnicom Group Inc

Philip Morris Intl Inc Com — Sold

Schlumberger LTD — Sold (part)

Schlumberger LTD — Sold

Venzon Commumcations Com

Amnaly Cap Mgmt Inc Com REIT — Sold

Starwood Ppty Tr Inc com

Vanguard Intl Equity Index Fds FTSE Emerging Mkts ETF — Buy — below tor sale in same

Vanguard Intl Equity Index Fds FTSE Emerging Mkis ETF — Sold — pernod

Vanguard Intl Equity Index Fds 11SE Europe ETF — Buy

WisdomTree Tr Emerging Mkts Small Cap — Buy

TRUST #3 Pershing Brokerage Account — Int/Div — assets histed below

Drevfus Treasury Prime Money Market

Accenture PLC Ireland Shs Cl A

American Tower REIT

Apple Inc

Brookfield Infrastructure — Buy

Brookfield Infrastructure — Buy (add'l)

Brookfield Infrasturcture Partners LP — Sold (part) — of principal

Bank of America Corp — Buy (add'l)

CBRE Group Inc CL A — Buy — below tor sale in sume

CBRE Group Inc CL A — Sold — period

CBS Corp CL B Com — Buy

Chesapeake Energy Corp

Church & Dwight Co Inc

Coach Inc Com — Buy — below tor sale mn same

Coach Inc Com — Buy (add'l) — period.

Coach Inc Com — Sold

Colgate Palmolive Co — split

Darden Restaurants Inc Com — Sold

EMC Corp (Mass) Com

Ebay Inc Com

Freeport McMoran Copper & Gold Inc CL B — Buy

Groupon INC Com CL A — Buy

Groupon INC Com CL A — Buy (add'l)

Honeywell Intl Inc

ALPS ETF Tr Alerian Mip Etf

IShares Trust MSCI Emerging Markets Index EEM — Sold

IShares Tr S&P Midcap 400 Value Index Fd

Jarden Corp Com — split

Kinder Morgan Energy Partners LP

Kraft Foods Group Inc Com

Lowes Companies Inc

Nielson Holdings B V Com — Buy

Newell Rubbermaid Inc Com

SPDR Gold Tr Gold Shs — Sold

Omnicom Group Inc

Philip Morris Intl Inc Com — Sold

Schlumberger LTD — Sold (part)

Schlumberger LTD — Sold

Verizon Communications Com

Anmnaly Cap Mgmt Inc Com — Sold

Starwood Ppty Tr Inc Com

Vanguard Intl Equity Index Fds FTSE Emerging Mkts ETF — Buy — below tor sale mn sume

Vanguard Intl Equity Index Fds FTSE Emerging Mkts ETF — Sold — period.

Vanguard Intl Equity Index Fds FTSE Europe ETF — Buy

WisdomTreeTr Emergmg Mkts Small Cap AVG — Buy

TRUST #4 Pershing Brokerage Account — Int/Div — assets histed below

Drevfus Treasury Prime Inv Sh MM

Annaly Cap Mgmt Inc Com — Buy — below tor sale in same

Annaly Cap Mgmt Inc Com — Sold — period.

ALPS Ef Tr Adlerian MLP Etr — Buy (add'l)

IShares Trust MSCI Emerging Markets Index fd EEM — Sold

IShares Tr S&P Midcap 400 Value Index — Sold (part)

Powershares QQQ Tr Lnit Ser — Sold (part)

SPDR GOLD Tr Gold Shs — Sold

SPDR S&P Midcap 400 ETF Tr Unit Ser 1 — Sold (part)

Vanguard Intl Equity Index Fds 11SE Emerging Markets VWO — Buy — below tor sale in same

Vanguard Intl Equity Index Fds 1'TSE Emerging Markets VWO — Sold — period.

Vanguard Index Fds S&P 500 ETF VOO — Buy

Vanguard INTL Equity Index Fds FTSE Europe ETF VGK — Buy

WisdomTree Emerging Mkts Small Cap Avg — Buy

WisdomTree Emerging Mkts Small Cap Avg — Buy (add'l)

WisdomTree Emerging Mkts Equity — Sold

TRUST #5 Pershing Brokerage Account — Int/Div — assets histed below

Drevfus Treasury Prime Inv MM

Annaly Cap Mgmt Inc Com — Buy — below tor sale mn same

Annaly Cap Mgmt Inc Com — Sold — period.

ALPS Etf Tr Alenian MLP Etf — Buy (add'l)

Ishares Trust MSC Emerging Markets Index Fd EEM — Sold

IShares Tr S&P Midcap 400 Value — Sold (part)

Powershares QQQ Tr Lnit Ser — Sold (part)

SPDR GOLD Tr Gold Shs — Sold

SPDR S&P Midcap 400 ETF Tr Umit Ser 1 — Sold (part)

Vanguard Intl Emerging Mkts ETF — Buy — below tor sale mn sume

Vanguard Intl Emerging Mkts ETF — Sold — period.

Vanguard Intl Equity Index Fds FTSE Europe ETF VGK — Buy

Vanguard Index Fds S&P 500 ETF — Buy

WisdomTree Emerging Mkts Equity — Sold

WisdomTree Tr Emerging Mkts Small Cap Avg DGS — Buy

WisdomTree Tr Emerging Mkts Small Cap Avg DGS — Buy (add'l)

Trust #6 Pershing Brokerage Account — Int/Div — asscts histed below

Drevfus Treasury Prime Inv MM

Amnaly Cap Mgmt Inc Com — Buy — below tor sale mn sume

Amnaly Cap Mgmt Inc Com — Sold — period.

ALPS Eff Tr Alerian MLP Ef — Buy (add'l)

Ishares Trust MSCI Emerging Markets Index EEM — Sold

IShares Tr S&P MidCap 400 Value — Sold (part)

PowerShares QQQ Tr Umit Ser

SPDR GOLD Tr Gold Shs — Sold

SPDR S&P MidCap 400 ETF Tr Unit Ser — Sold (part)

Vanguard Intl Equity Index Fds FTSE Emerging Mkts VWO — Buy — below for sale mn sume

Vanguard Intl Equity Index Fds FTSE Emerging Mkts VWO — Sold — period.

Vanguard Intl Equity Index Fds FTSE Europe ETF — Buy

Vanguard Index Fds S&P S00 ETF — Buy

Wisdom Tree Emergmg Mkts Uity DEM — Sold

WisdomTree Emerging Mkts Small Cap Avg DGS — Buy

Wisdom Tree Emerging Mkts Small Cap Avg DGS — Buy (add'l)

Trustee, Trust #1, Assets No 22-96

Trustee, Trust 22, Assets No 97-141

Trustee, Trust #3, Assets No 142-187

Trustee, Trust #4 Assets No I8S8-204

Trustee, Trust 45 Assets No 205-221 Trust 46 Assets No 222.218

Reimbursement — American Conterence Institute — 12092013 — New York City, NY — Speaker at Educational Seminar — hotel (directly billed) & airfare S236

Spouse's income — 2013 — Byron, Carlson, Petri & Kalb LLC SALARY

Dreyfus Treasury Prime Inv Money Market Account

IRA account summarized on line 21

Trust #1 on line 23

Trust #2 on line 98

Trust #3 on line 143

Trust #4 on line 189

Trust #5 on line 206

Trust #6 on line 223

Lines 21, 23, 98, 143, 189, 206, 223 Dreyfus Treasury Prime Inv Money Market Account was used as a vehicle to hold cash equivalent assets for purchase of

other investments and to place sale proceeds pending other investments, Consequently, money moved in and out of these accounts with great frequency and no

attempt was made to distinguish each transaction unless specifically requested,

Lines 5-8 fractional shares of Kinder Morgan Mgmt: Iu the past, instead of paying cash dividends, Kinder Morgan issued fractional shares of stock. The fractional

shares had no monetary value and no market until they accumulated to equal a full share. However in 2013, Kinder Morgan is paying cash dividends in lieu of

fractional shares of stock,

All trust assets are accounted for herein. According to your instructions, the aggregate income and values were reported on lines 22, 97, 142, 188, 205, 222,

Identification of the trusts was omitted for security purposes, but will be provided if requested. Naturally, the records of cach individual trust are available for the

committee's inspection upon request.

RESPONSE TO LETTER OF INQUIRY

SEE PART VII, PAGE 7, LINE 46: Sally Hldgs LLC/Sally cap mc sr sub 10.5%. This bond was purchased on 08/22/2011 and redeemed on 12/05/2011. This

was correctly reported on the 2011 report on lines 51 and 52. Sally Hidgs mistakenly was included on the 2012 report on line 47. In response to your letter of

inquiry, we included Sally holdings on this 2013 report showing again the 2011 redemption date.

SEE PART VII, PAGE 15, LINE 203 & 204: WisdomTree Emerging Mkts Small Cap Avg. This mutual fund was initially purchased on 6/14/13 and additional

shares were purchased on 10/30/13.