James Block Zagel

M.O.N.Y. Policy Value — Int/Div

Northern Trust Accts. — Int/Div

Farm Land Washington/Clinton Counties Ill. [ — Rent

Grant Thomton 401(k) — Int/Div

Northwestern Mut. Life Ins. Policy — Int/Div

New York Life Ins. Pol. — Int/Div

Country Cos. Life Pol. — Int/Div

Transamer. Life Pol. Val. — None

Transamer. Life Pol. Val. — None

Prudential Life Ins. — Int/Div

Metropolitan Life Ins. — Int/Div

Equitable Life ff} (Now AXA Equitable) — Int/Div

Bear Steams & Co. Acct. — Interest

ING Life Policy — Int/Div

Bear Stearns & Co. Acct. — Interest

TEMFX — Distribution

TEMFX — Distribution

KO — Int/Div

KO — Int/Div

KO — Int/Div — Sold

KO — Int/Div — Sold

SAG-Pension Plan — Interest

CP — Int/Div

CP — Int/Div

Solectron - SLR — None — Sold

Fairmont Hotels -FHR — Int/Div — Sold

Fairmont Hotels - FHR — Int/Div — Sold

Fording Inc. - FDG — Int/Div

Encana - ECA (formerly PCX) — Int/Div

Encana- ECA (formerly PCX) — Int/Div

Dell — None

MK Limited Partners — None

listed

My estimated share is 11%

Bank Accounts: Harris Trust Chk./Int. — Interest

Maple Publishing Co — Interest

Bear Steams SEP/IRA — Int/Div

Georgia Mun Elec Auth Rev Bond — Interest

Pfizer -PFE — Int/Div — Sold

CP — Int/Div

Fording Inc. - FDG — Int/Div

Fairmont Hotels-FHR — Int/Div — Sold

Citizens PPTY Ins Corp Fla Bond — Interest

Encana - ECA (formerly PCX) — Int/Div

Oracle - ORCL — None

Nassau County NY Bond — Interest

San Diego, CA Pension Bond — Interest

Wisconsin Gen Fund Bond — Interest

End of IRA

HD — Int/Div

HD — Int/Div

WAG — Int/Div

WAG — Int/Div

PG — Int/Div

PG — Int/Div

Ill Hsg Dev Auth Rev Bonds — Interest — Redeem/part

Wyeth - WYE (fortnerly AHP) — Int/Div

Wyeth - WYE (formerly AHP) — Int/Div

General Electric-GE — Int/Div

General Electric-GE — Int/Div

Chicago G/O Park Dist Bond — Interest

Illinois G/O Fin Auth Bond — Interest

Illinois G/O Fin Auth Bond — Interest

Connecticut ST Sev Bond — Interest — Redeemed

Penn Hsg Fin Agy Bond — Interest

Missouri St Facs Bond — Interest

Wisconsin Pub Bond — Interest

Univ Wisc Bond — Interest

lowa Fin Auth Bond — Interest

Time Wamer — Int/Div

Janus Invt Fund — Int/Div

Janus Invt Fund — Int/Div

Bear Stearns Account — Interest

Pepco Holdings POM — Int/Div

First Energy - FE — Int/Div

Duff & Phelp Fund - DNP — Int/Div

Fund Managed High Income - MHY — Int/Div

Ill HDA Multibond 93 — Interest

Lease of excess Berrien Cty, MI acreage to Leco Corp. — Rent

Fannie Mae - FNM — Int/Div

Fannie Mae - FNM — Int/Div

Ohio Hsg Fin Residential — Interest

Ohio Hsg Fin Residential — Interest

AT&T — Int/Div

Comcast - CMCSA — None

Nevada St. Bond — Int/Div — Buy

FPLGroup/FPL — Int/Div — Buy

Gift — Guest Privileges — Union League Club

Reimbursement — University of Southem California — Airfare/Judicial Panel on Intellectual Property, May 23, 2006

Income — 2. — Foundation Press - Book Royalties — $ 4200.00

Income — 3. — EP Talent Services - Actor's Royalties — $363.00

Spouse's income — Grant Thomton - Partnership Income

I participate in the Federal Thrift Savings Plan, but it is my understanding that this asset need not be listed.

All individual assets held in brokerage accounts are individually disclosed in report.

The double listing of certain investments is due to the fact that some are in

name. I have not designated which are ] assets, but I list them

separately because they are individual holdings which might be sold separately at a future time.