Lowell A. Reed jr

PNC Bank — Interest

Nicholas Fund IRA — Int/Div

Janus Fund IRA — Int/Div

Vanguard PA Tax Free — Int/Div

Vanguard Intermediate Bond Fund — Int/Div

Vanguard Windsor Fund IRA — Int/Div

PP&L Common — Int/Div

IBM Common — Int/Div

Vanguard PA Tx Free MM — Interest

Contains Wellington — Int/Div

Contains MM — Int/Div

Vanguard Windsor II — Int/Div

Index 500 - Vanguard — Int/Div

Vanguard Index Trust - Extended market — Int/Div

Equity Income Fund — Int/Div

Delaware Delcap Concept Series 1 — Int/Div

Jennison Utility Fund Class A (name change) — Int/Div

Gov't Nat. Mort. Coupon (See VIII)

Coca Cola Common (See VIII)

PRU Money Market — Interest

Finance Corp. FICO Strips — Interest — Maturity

CD Lehman Bros., Wilmington, DE — Interest

CD Cross Country Bank, Wilmington, DE — Interest — Maturity

CD Discover Bank, New Castle, DE — Interest

CD Discover Bank, New Castle,DE — Interest — Maturity

FMLMC — Interest

Banco Bilbao Vizcaoa — Interest

CD MBNA America Bank Delaware — Interest

Amcore Bank CD (See VIII) — Interest — Buy

GMAC Automotive Bank CD (See VIII) — Interest — Buy

Black Rock Global Energy and Resource Trust Fund (See VIII) — Int/Div — Buy

FHLMC Gold Passthru Pool — Interest — Buy

Agreement — 2/04 — Trustee, Testamentary Trust, Trustees cormrmssions. (See VIII)

Income — SAV 3 RAIN — ASAIN ANAL A ANALY — WE ANEINI Ao NANFA

CEMA Lieldh Ad ANwiWEL J

Vill. AUJLJLIIVUINGAL LIN UINIVASY L IUILIN JIN LoL LOANS) AND

Explanation For Section III B:

My

on-investment income is paid to es a commission as one of three trustees ff) is not a beneficiary of the trust, either as to income or

distribution of corpus. This is a private testamentary trust in whic

as no prop:

interest now or as a remainder man. The corpus of the trust

never was and never will be derived from the assets, income or activities of the filer or

The filer cannot expect to derive a benefit from the

trust income or corpus. The service o!

as a trustee, and commissions earned are the sole financial interest and responsibility of’

Neither

the filer nor the

filed any j

0!

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return with the trust and the filer has no knowledge of the property or corpus of the trust. Finally, (gp

Sua! conmussion is not based upon the level of profitability of the trust property.

Explanation For Section VII pages 1 and 2:

Values and income of assets listed on pages 1 and 2 lines 18 and 19 are below reporting value. There was no income during reporting period for lines

29,30 a 31.

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