Richard R. Clifton

Fist Hawanan Bank savings — Interest

Hawanan Electric Industries common — Int/Div

Real Networks cemmon — None

Morgan Stanley Bank — Intescst

Fidelity Magellan Fund (IRA) — Int/Div

Brokerage acct #2

Ballard Power Systems common — None

Ciena common — None

Charles Schwab Money Market Fund — Int/Div

CREF Global Equities — None

Charles Schwab Money Market Fund — Int/Div — Closed

Morgan Group Equity Index Fund A — Int/Div

Charles Schwab Money Market Fund — Int/Div — Closed

Group Equity Index Fund A

Agence2], Inc. common — None — Expired

Oppenheimer Main Street Small Cap Func

American Funds Investment Co of America(HR-10)

Quaeranteed Income Fund

Northwestn Mutual whole hie — None

Northwesin Mutual extea ordinary life — None

Midland National whole life — None

Trust #1 — None

FMI Large Cap Fd 1 — pan)

Hertford Mut Cap Appreciation Fd — Buy

Ishares Tr S&P S00 Index Fund

JPMorgan Intrepid America Fd

JPMorgan Asia Equity Fd

JPMorgan Intrepid int) Fd Select

JPMorgan Tax Free Mmkt Prem Sweep

Dodge & Cox Fds Intl Stk Fd — Sold (part)

Eaton Vance Invt Tr Lg Cap Val Fd — Buy (add'l)

FMI Large Cap Fd — pan)

Ishares MSC! All Cniry Asia Ex Jp Fd — Sold (part)

shares Tr S&P S00 Index Fd — pan)

JPMorgan Highbridge Star Mkt Neut Fd — Buy (add'l)

T Rowe Price Int Fds New Asia Fd

Goldman Sachs Tr High Yield Fd Jnstl — Buy

1shares Tr US Treas Intl Prot Fd

IRA) — None

JPMorgan Deposit Sweep Inst

JPMorgan Asia Fquity Fd — Sold (part)

JPMorgan Diversiticd Mid Cap Growth Fd — pan)

JPMorgan Highbridge State Mkt Neut Fd — Buy (add'l)

JPMorgan Intrepid America Fund

JPMorgan US Large Cap Core Plus Select

JPMorgan High Yield Bond Fund Sclect Class — Sold (part)

JPMorgan Short Duration Bond Fund Select Class — Buy (add'l)

JPMorgan Strat Inem Oppys Fd Sel — Buy

Director, American Judicature Society, Huwan Chapter

Director, Hawan Public Radio

Director, Hawaii Women's Legal Foundation

Director, Ninth Judicial Circuit Historical Society

Co-trustee, Trusts #) - #3

Reimbursement — University of San Diego — March 3-5, 2009 — San Diego, CA — Teaching in Junistin Residence program — ation, lodging. meals

Income — 2009 — University of San Dicgo - teaching — $1.000 00

Spouse's income — 2009 — Self-employed, dietitian consultant

Hon. Bobby R. Babcock

Committee on Financial Disclosure

August 13,2010

Page 2

inference is that somewhere along the way a little bit of cash made its way into the

account (too small an amount to buy another share or unit of the funds in which the

account is invested), and this is how the plan administrator holds cash. As

reflected at the bottom of the statement page, the plan administrator is Prudential

Retirement. If “Guaranteed Income Fund” is not a public mutual fund or money

market fund, then I assume it must be a Prudential holding, so it might be

identified as “Prudential Retirement Guaranteed Income Fund.” Unless I hear to

the contrary, I will identify it that way in future reports.

Thank you for your assistance. Please contact me if I can clarify or correct

anything else.

Richard R. Clifton

Enclosure: one page from 12/31/09 retirement accounts statement (redacted)