George A. O'Toole jr

Same — Int/Div

Absolute Strategies Fund Int'l — Int/Div — Buy

Same — Int/Div — Buy

Same — Int/Div — Buy

Allied Capital common — Int/Div — Buy

Apache Corp. common — Int/Div

Same — Int/Div

Same — Int/Div — Buy

Avery Dennison common — Int/Div

Bank of America common — Int/Div — pt.)

Bank of America; various deposit accounts — Interest

BP PLC sponsored ADR — Int/Div

Cisco Systems, Inc. common — None

Constellation Brands Cl A — None

Same — None — note 2, Part VIII

CVS Caremark Corp. common — Int/Div — note 3, Part VIII

Same — Int/Div — pt.)

Dentsply Int common — Int/Div

Dreyfus Inst Cash Adv Fund — Interest

Same — Interest

Dreyfus Tax Exempt Cash Mgmt — Interest

Enterprise Bank & Trust Co. common — Int/Div

Same — Int/Div — Fee

Esuitable Resources, Inc. common — Int/Div

Equity Residential SBI — Int/Div

Same — Int/Div

Same — Int/Div

Expeditors Int'l of Washington com — Int/Div

Exxon Mobil common — Int/Div

First Data Corp. common — Int/Div — Merger — note 2. Part VIII

Fiserv Inc. common — None

Fortune Brands common — Int/Div

Same — Int/Div

General Electric Co. common — Int/Div

Same — Int/Div

Hussman Strategic Growth Fund — None — Buy

Same — None — Buy

Same — Buy

IBM common — Int/Div

iShares Lehman 7-10 yr. Treas. Bond Fund — Int/Div

iShares Lehman 1-3 yr Treas. Bond Fund — Int/Div

Same — Int/Div — Buy

iShares Nasdaq Biotech Fund — Int/Div

iShares Russell 2000 Value Index Fund — Int/Div

Johnson & Johnson common — Int/Div

Same — Int/Div

Same — Int/Div

Julius Baer Int'l Equity 11 Cl 1 — Int/Div — Buy

Same — Int/Div — Buy

Same — Buy

Same — Int/Div — Buy

Same — Buy

Kinetics Small Cap Oppties Inst'l — Int/Div

Same — Int/Div

Manulife Financial com — Int/Div

Marshall Prime Money Market Fund — Interest

Same — Interest

MA St Const Ln Series B 5.0% due 6/1/07 — Interest — Matured

MA St. Health & Educ. 4.2%, due 10/01/2009 — Interest

Ma St. Wir Poll Abatement 4.2% due 8/01/2010 — Interest

Microsoft common — Int/Div

Same — Int/Div

Novartis AG Spnsrd ADR — Int/Div

Oakmark Int Fund Cl 1 — Int/Div

Same — Int/Div — Buy

Same — Int/Div — Buy

Peabody Energy Corp. common — Int/Div

Same — Int/Div — Buy

Pepsico common — Int/Div

Praxair, Inc. common — Int/Div

Same — Int/Div

Procter & Gamble Co. common — Int/Div

Same — Int/Div

ProLogis SBI — Int/Div — pt.)

Same — Int/Div

Raytheon common — Int/Div — Vest — note 3, Part VIII

Raytheon options — None — pt.) — note 4, Part VIII

Raytheon Savings and Investment Plan: — Int/Div

Raytheon Stock Fund

Real Estate Securities Fund

BGI US Debt I ndex Fund

PIMCO Total Return Inst

Fidelity Inst Money Mkt

Regency Centers Corp. common — Int/Div

Royal Dutch Petroleum Co. NY reg shrs — Int/Div

Simon Property Group common — Int/Div

Same — Int/Div — note 9, Part VIII

Same — Int/Div — pt.)

State Street Corp. common — Int/Div

Same — None

Suncor Energy common — Int/Div — Buy

Templeton Global Bond Fund — Int/Div — Buy

Same — Int/Div — Buy

Same — Buy

Same — Int/Div — Buy

Teva Pharmaceuticals — Int/Div

Town of Carlisle MA Bond 5.00% due 6/15/08 — Interest

Wells Fargo & Co. common — Int/Div

Same — Int/Div — pt.)

Same — Int/Div

Wisdomtree Small Cap Fund — Int/Div — Buy

Absolute Strategies Fund Int'l — Int/Div — Buy

Same — Int/Div — Buy

Same — Int/Div — Buy

Same — Buy

Allied Capital common — Int/Div — Buy

Apache Corp. common — Int/Div

Same — Int/Div

Same — Int/Div — Buy

Avery Dennison common — Int/Div

Bank of America common — Int/Div — pt.)

Bank of America; various deposit accounts — Interest

BP PLC sponsored ADR — Int/Div

Cisco Systems, Inc. common — None

Constellation Brands C} A — None

Same — None — note 2, Part VIII

CVS Caremark Corp. common — Int/Div — note 3. Part VIII

Same — Int/Div — pt.)

Same — Int/Div

Same — Int/Div

Julius Baer Int'l Equity II CII — Int/Div — Buy

Same — Int/Div — Buy

Same — Buy

Same — Int/Div — Buy

Same — Buy

Kinetics Small Cap Oppties Inst'l — Int/Div

Same — Int/Div

Manulife Financial com — Int/Div

Marshall Prime Money Market Fund — Interest

Same — Interest

MA St Const Ln Series B 5.0% due 6/1/07 — Interest — Matured

MA St. Health & Educ. 4.2%, due 10/01/2009 — Interest

Ma St. Wtr Poll Abatement 4.2% due 8/01/2010 — Interest

Microsoft common — Int/Div

Same — Int/Div

Novartis AG Spnsrd ADR — Int/Div

OQakmark Int Fund Cl 1 — Int/Div

Same — Int/Div — Buy

Same — Int/Div — Buy

Peabody Energy Corp. common — Int/Div

Same — Int/Div — Buy

Pepsico common — Int/Div

Praxair, Inc. common — Int/Div

Same — Int/Div

Procter & Gamble Co. common — Int/Div

Same — Int/Div

ProLogis SBI — Int/Div — pt.)

Same — Int/Div

Raytheon common — Int/Div — Vest — note 3, Part VIII

Raytheon options — None — pt.) — note 4, Part VIII

Raytheon Savings and Investment Plan — Int/Div

Raytheon Stock Fund

Real Estate Securities Fund

BGI US Debt I ndex Fund

PIMCO Total Return Inst

Fidelity Inst Money Mkt

Regency Centers Corp. common — Int/Div

Royal Dutch Petroleum Co. NY reg shrs — Int/Div

Simon Property Group common — Int/Div

Same — Int/Div — note 9, Part VIII

Same — Int/Div — pt.)

State Street Corp. common — Int/Div

Stericycle, Inc. common — None

Same — None

Suncor Energy common — Int/Div — Buy

Templeton Global Bond Fund — Int/Div — Buy

Same — Int/Div — Buy

Same — Int/Div — Buy

Teva Pharmaceuticals — Int/Div

Wells Fargo & Co. common — Int/Div

Same — Int/Div — pt.)

Same — Int/Div

Wisdomtree Small Cap Fund — Int/Div — Buy

Zimmer Holdings, Inc. common — None — Sell

Trustee, Trust # 1 (see note 1, Part VIII)

Reimbursement — West Legalworks — 7 Washington, D.C

Spouse's income — 2007 — Enterprise Bank, Lowell, MA (director's fees)

Spouse's income — 2007 — Raytheon Company (employment)

1. All of the assets held in the trust identified in Part I are individually listed in Part VII, although they are not individually identified to the trust.

2. Part VII, line 31: First Data was acquired by Kohlberg Kravis Roberts by merger and is now privately held. The reported amount was a distribution made on

cancellation of the shares.

3. Part VII, line 82: The reported value is the value of that portion of restricted stock awarded as employment compensation to (Gjjjjiilll§ as to which the

restrictions have lapsed, vesting ownership in her.

4, Part VI], line 83:

sold some nonqualified options and retains others. The value shown in column C(1}) is the estimated value of the retained options at

-

the market price as of 12/31/2007.