Thomas Aquinas Higgins

Metro Nashville Airport (tax free bond) — Redeemed — Issurer

Farm, Williamson Co., TN - 2/3 undivided — Rent — rote Part VIII

Interest

Active Asset Acct No.

Morgan Stanley Tax Exempt Sec. Fund — Int/Div

Morgan Stanley Dividend Growth B Fund — Int/Div — Gift — of Nashville

Morgan Stanley American Opportunifies Fund — None

Capital Opportunities Trust B — None — fm IRA — note Part A511

Active Asset Acct. No. 2

Morgan Stanley Pacific Growth Fund — Sold — Issurer

Morgan Stanley Exempt Sec. Fund — Int/Div

Morgan Stanley American Value Fund — Int/Div

TCW/DW Latin Anmrican Growth Fund — Int/Div

MSDW Competitive Edge BIP B Fund — Int/Div

Morgan Stanley S&P 500 Select Fund B — Int/Div

Morgan Stanley Strategist Fuad B — Int/Div — P/redempt. — issurer

Morgan Stanley Dividend Growth B Fund — Int/Div

VanKampen American Cap. Equity Fund — Int/Div

Morgan Stanley Active Asset Money Trust — Int/Div

Morgan Stanley IRA Acct. No. 1 — Int

Morgan Stanley Liquid Asset Fund

Morgan Stanley Utility Fund — Exchanged — Issuer

Morgan Stanley American Opportunities Fund, Class B — Exchanged — See note Part VIII

Morgan Stanley Amencan Value — Exchanged — Issuer

DW Core Equity Trust — Exchanged — Issuer

Morgan Stanley Mid Cap Growth — Exchanged — Issuer

Morgan Stanley Developing Growth — Exchanged — Issuer

Morgan Stanley Value Added Equity Fund — Exchanged — Issuer

Morgan Stanley European Growth Fund — Exchanged — Issuer

Morgan Stanley Div. Growth Fund — Exchanged — Issuer

TCW/DW Small Cap. Growth Fund — Exchanged

DW Spectrum Balanced

DW Spectrum Strategic

DW Spectrum Tech.

TCW/DW Total Return Trust — Exchanged — Issuer

Global Utilities Fund B — Exchanged — Issuer

Health Sciences Trust B — Exchanged — Issuer

American Opportunities — Purch. — Issuer

nternational Smallcap — Purch. — Issuer

Special Value Fund D — Purch — Issuer

Value Added MKT Ser/Eqy — Purch — Issuer

VanKampen Growth & Income — Purch. — issuer

MSIF Core Plus Fixed Inc — Purch. — issuer

MSIF Small Cap A — Purch — Issuer

VanKampen Aggressive Growth — Purch. — Issuer

VanKampen Comstock A — Purch. — Issuer

Capital Opportunities Trust E — Transfer — note Part VIII

MS Charter MSFCM — Buy — issurer

MS Charter Graham — Buy — Issurer

Morgan Stanley IRA Account No. 2 — Int/Div

Morgan Staniey Div. Growth Fund — redem — issuer

Morgan Stanley Information Fund — redem — Issuer

Financial Services Trust B — Purch

Value Added Mkt Ser/Eqy — Purch.

American Opportunities Fd. B — Purch.

Boston Financial Qualified Tax Credits LP.V — Interest

Unimproved land, Humphreys Co., TN - 1/2 undivided interest — None — note Part vio

Sears Municipal TN (tax free bond — Interest

Unimproved land, Humphreys Co., TN — 1/2 undivided interest — None — note Part vin

Shares Common MONY Group, Inc. — Nane

Shares Common MONY Group, Inc. — None

Shares Common MONY Group, Inc. — None

Bank of America Account — Interest

Shares Common Nationwide Financial Services, Inc — Int/Div

Provident Mutual Whole Life — Int/Div

Mutual of New York Whole Life — Int/Div

Trust — Int. — note Part via

SunTrust Tenn. Reserve Fund (Money Market Funds)

Consolidated Edison NY (Bond)

Alistate Corp. (Bond)

FPL Group Capital Inc. (Bong)

Stanley WKS (Bond)

DuPont E 1 DeNemours Co. (Bond)

Wells Fargo & Co. (Bond)

Citicorp (Bond)

Caterpillar Inc. (Bond)

Deere & Co. (Bond)

Insured Municipals Income TR (Mut. Fund)

Maunicipal Insd Nat'l TR (Mut. Fund)

Harley Davidson Inc. { Corumon)

Limited Brands Inc. (Common)

Anheuser Busch Inc. (Comzacn)

Pepsico Inc. (Common)

Sysco Corp. (Common)

WalMart Stores (Common)

Walgreen Co. (Common)

Apache Corp. (Common)

Chevron Texaco Corp. (Common)

Exxon Mobil Corp. (Common)

American Int'l Group Inc. (Common)

Fannie Mae (Common)

Jefferson Pilot Corp. (Common)

Suntrust Bank (Common)

Biomet Inc. (Common)

Johnson & Johnson (Common

Lilly Eli & Co. (Common)

Medtronic Inc. (Conmmon)

Pflizer Inc. (Common)

Wellpoint Health Networks (Common

General Electric Co. (Comracn)

Affiliated Computers SVCS (Common)

Automatic Data Processing Irc. (Common)

Cisco Systems (Common)

Dell Inc. (Common)

Intel Corp. (Common)

Microsoft Corp. (Common)

Oracle Corp. (Common)

Sungard Data Sys. Inc. (Common)

E.L DuPont (Common)

Verizon Communications (Common) 111. ~Disney Walt Co. (Note) — Sell

Home Depot, Inc. (Common) — Sell

Duke Energy (Note) — Sell

Intemational Paper Co. (Common) 115. --Northem Trust Co. (Common) — Sell Sell

Sysco Corp. (Common) — Sell

Forest Labs Inc. (Common) — Sell

Suntrust Banks (Common) — Sell

Liability — Morgan Stanley By Dean Witter — Margin Loan (Active Assets Account) (Paid In Full 7/22/2003)

Income — 1. — EE ————————— ——— ——————————————————————————————————————————— — JVM, IU OY, S03

-

Part VII, Line 2

Appraisal a

interest und

- li death 8/20/94. Original 1/2 undivided interest received by gift{ Bn 1951. Acquired 1/3 of the remaining 1/2

Part VII, Line 8

Received as a required minimum distribution from IRA after age 71-172

Part VII, Line 23

Morgan Stanley American Opportunities Fund, Class B was formerly known prior to merger as Morgan Stanley Capital Growth Securities Fund

Part VII, Line 47

This fund was acquired 6/25/99 at a cost of $7,859.30, and was not included in prior reports by oversight. The transfer from this fund is reflected in Part

¥

VIL, Line 8

Part VII, Line 57

Unimproved land

Purchased 5/22/91

Purchase price: $75,000

Part VII, Line 59

Unimproved land

Purchased 5/18/94

Purchase price: $11,000

Part VII, Line 67

The beneficial interest under this trust was contingent prior to the funding of this trust on 1/1/03

~

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