Charles A. Pannell jr

Timberland, McDuffie County, Georgia, 1/3 Interest — None — Sale — Logging Co

Timberland, McDuffie County, Georgia, 1/3 Interest — Sale — Logging Co

Rental Property #1, Murray County Georgia — Rent

Property (1/2 Int.) Chatahoochee County Georgia — None — Sold — Worthington

Estate #1

Farm #1 Murray County, Georgia — Rent — Sale — Chippers

First National Bank (Savings Accounts and CDs) — Interest

Cohutta Bank Account — Interest

IRA #1

GBTB — Int/Div

Premier MMKT SHS Govt (y) — Note

Sovereign Bank MMKT (x) — Interest — Qtly — Note

Growth Fund of America — Int/Div

IRA #2

GBTB — Int/Div

Premier MMKT SHS Govt (y) — Note

Sovereign Bank MMKT (x) — Interest — Qtly — Note

NA Stock Index (SIF) — None — Sold

NA Social Awareness (SOC) — None — Sold

VNGRG Wellington (VWN) — None — Sold

PUTNM Global GR (PGE) — None — Sold

NA TROWE SCI & Tech (SCF) — None — Sold

Ariel — None — Sold

FXP Employer Base — Interest — Sold

FXP Employer Match — Interest — Sold

Brokerage Account #

Synovus, Common Stock — Int/Div — Quarter!

Synovus, Common Stock — Sale — Note

TSYS — None — Buy — Note

STI - Money Market (SEIXX) — Int/Div

American Funds - Investment Company of America © — Int/Div

American Funds - Growth Fund of America — Int/Div

American Funds - Small Cap World Fund — Int/Div

Amedican Pusds - New Would Find — Int/Div

American Funds - EUPAC — Int/Div

Bond Fund of America — Int/Div

Brokerage Account #3

FDRXX — Int/Div — Buy

FDRXX — Buy

Money Market, Fidelity Investments — Interest

Roth IRA #1

LSI — None

Roth IRA #2 — Interest

Farm #2, Murray County, Georgia, limited interest — None

Trust #1

First National Bank (CDs) — Interest

Suntrust Bank (money market and checking) — Interest

House, Fulton County, Georgia — None

Employee's Retirement of Georgia — None — Note

Farm #2, Murray County, Georgia partial ownership — Rent

Timberland, Murray County, Georgia — None

Social Security — None — Note

Cohutta Checking Acct — Interest — Opened

Rollover IRA

Premier MMKT Fds 11 — Interest — Opened

TR Price Growth Stk — Int/Div — Buy

Am. Beacon Lrg Cup — Int/Div — Buy

Brandywine Blue FD — Int/Div — Buy

Artisan FDs, Small Cap — Int/Div — Buy

Alhance Bernstein Intl Value — Int/Div — Buy

Metro West FDs Bond Fund — Int/Div — Buy

Loom's Sayles St. Income High Yield Bond — Int/Div — Buy

Mainstay Funds High Yield Bond — Int/Div — Buy

Vanguard Fixed Income SEC Fd GNMA — Int/Div — Buy

Baron Asset FD Growth — Int/Div — Buy

Dodge & Cox Inc. FD — Int/Div — Buy

Oppenheimer DVLP MKTS — Int/Div — Buy

Wachovia Savings Account — Interest

First National Bank, Accounts Checking and Money Market — Interest

Murray County Federal Credit Union — Interest

Cohutta Bank Checking and MMKT(x) — Interest

Power of Attomey, Trust No.

Agreement — 2.1999 — Association of County Commissioners of Georgia, Pension Trust, no control

Liability — John Deere Credit — Installment Contract, Purchase Of Tractor, Mower, Loader

Reimbursement — Property Law Inst. State Bar of Ga.

Income — 2007 — Association of County Commissioners of Georgia Pension Trust — $1,347.72

Spouse's income — 2007 — Teachers Retirement System of Georgia

Part I. Positions: Further clarification to Answer 2 "Operator".

This is a one-man operation on estate #1 property. I have had cattle. During this reporting period, I kept horses and cut hay on shares with a third party.

Part VII. INVESTMENTS AND TRUSTS

Lines 11, 12, 16 and 17: During June, 2006, the entire money market account was transferred from Premier MMKT SHS Govt to Sovereign Bank MMKT by the

investment advisor. This change was not reported on the 2006 report.

Line 18: This account closed and assets transferred to rollover IRA.

Lines 30 and 31: On December 31, 2007, Synovus distributed its indirect interst in Total Systems Services ("TSYS") to shareholders, a "spin off."

Lines 52 and 55: This is fixed retirement income. | have control by power of attorney. No value past the death of the beneficiary. (Per instruction VII, Para. C.

Income, page 45.)