Joel Fredrick Dubina

JOEL F. DUBINA

COMMON STOCKS:

Insignia Finl Group Inc } — Int/Div

Torchmark Corp — Int/Div

U.S. Shelter Corp. Del — Int/Div

Waddell & Reed Finl Inc. CL A — Int/Div

Money Market Funds $793.31 Sterne Agee & Leach — Interest

12.5% interest Investments Unlimited, an L.L.C. — Rent

50% interest in land, Montgomery County, AL — None

12.5% interest in house, Ada, AL — None

Fannie Mae — Int/Div — Sold — Judge

Money Market Funds $6,427.91 Sterne, Agee & Leach — Interest — note in Part VII

Federal National Mortgage — Int/Div — Sold

MUNICIPAL OBLIGATIONS

Alabama St Docks Fac Rv — Interest

Mobile Co Al Tax Rv — Interest — Sold

Huntsville Al Hith Rv — Interest

Alabama Ind. Access R&B — Interest

University AL Huntsville (X) — Interest — Buy

COMMON STOCKS:

Abbott Lab — Int/Div

BankAmerica Corp — Int/Div

Coca Cola Co — Int/Div

General Electric Co — Int/Div

Home Depot Inc — Int/Div

Johnson & Johnson — Int/Div

Merck & Co Inc — Int/Div — Sold

29. Pfizer Inc — Int/Div

Torchmark Corp — Int/Div — Sell

Waddell & Reed Finl Inc Cl A — Int/Div — Sell

32. Wrigley Wm Jr Co — Int/Div

Integrity Life Ins Policy — Int/Div

Microsoft Corp. — Int/Div — Sold

Walt Disney — Int/Div — Sold

Schlumberger Ltd — Int/Div — Sold

AOL Time Wamer — Int/Div — Sold

First Horizon Bank (X) — Int/Div — Buy

First Horizon Bank (X) — Sold

Bristol Myers (X) — Int/Div — Buy

River Bank and Trust (X) — Int/Div — Buy

Hospira, Inc. (X) — None — Buy

PERSONAL HOLDINGS):

Money Market Funds $6,078.45 Sterne, Agee — Interest

Torchmark Corp — Int/Div

Waddell & Reed Finl Inc Cl A — Int/Div

56 TMK. United Inc — Int/Div

12.5% interest Investments Unlimited, anL.LC. — Rent

12.5% interest in house, Ada AL — None

Partner, Investments Unlimited, a limited liability corp. ("LLC")

5., Crt Tt ll “ << hie, LD ye pe bd

Reimbursement — The University of Georgia Law School — Athens, Ga.; April 11-12, Georgia Law Review Spring Banquet (transportation, meals, lodging)

VI. LIABILITIES: The mortgage to Federal Land Bank for 50% interest in B Triple D Farm, Montgomery County, Alabama, was paid off and received

Satisfaction of Mortgage March 8, 2005.

VII. INVESTMENTS AND TRUSTS:

page 4, line 13 -- Trust Asets #1 money market account previously at Regions Bank was transferred to Sterne, Agee and Leach 7/21/05

page 6, line 45 -- Personal Holdings money market account previously at Regions Bank was transferréd to Sterne, Agee and Leach 7/21/05