Gerald William Heaney

Paine Weber Cash Fund — Interest

Federal Employee Credit Union Share Advantage — Interest

Real Estate Partnerships*® Mora Seners — Interest

Kimberly Meadows — Interest

Minn — Interest

North Shore Bank Cash Fund — Interest

Pepsi Cola — Int/Div

Federated U.S. Government Securities Fund — Interest

Target — Int/Div

IBM } — Int/Div

Vanguard GNMA Fund — Interest

General Electric — Int/Div

Colgate Palmolive — Int/Div

Kimberly Clark — Int/Div

Alcoa — Int/Div

Citpuup — Int/Div

Dell — Int/Div

Bank of Amenca — Int/Div

Dodge & Cox Stock Fund — Int/Div

Mairs & Powers Growth Fund — Int/Div

Investment Co. of Amenca — Int/Div

Pimeo Co. — Int/Div

Vanguard Reit Index Fund — Int/Div

Fidehty Contrafund — Int/Div

Fidelity Growth Co. Fund — Int/Div

Fidelity Growth & Income Fund — Int/Div

Fidelity Diversion International — Int/Div

Vanguard Emerging Market Stock Index Fimd — Int/Div

Managers-Special Equity — Int/Div

University of Minnesota Foundation Annuity Coottacts

VanGuard 500 — Int/Div

Johnson & Johnson — Int/Div

VanGuand Total Bond Index — Int/Div

American Growth Fund - Class C — Int/Div

Walgreen's — Int/Div

Capital Growth & Income Fund — Int/Div

Dreyfus Debt & Equity Fund — Int/Div

Franklin Federal Tax-Free Fund — Int/Div

Growth Fund of America — Int/Div

Pioneer High Yield Fund — Int/Div

SEE SECTION VIII

Advisory Commitee Membay, Natural Resources Research Institute University of Minnesota

VEL AITIVINAL UNFURNMIALIUIN URN DAFILANALIUND

RAR P11 Of NCpeTL)

Section VIE This section contains ali of the stocks, bends, and muival funds owned by me 25 of Becember 31, 2004. | am unable to fumish infanation

vequesied in Section B

Part VII. Mota Seniess

Purchased July ), 1979

518.312

Pat vl Kwaberiy Meadows

Purchased April I5, 1981

20,000

Par VU Minnecsets

Pwchased July 13, 1988

31.250