David S. Tatel

Chevy Chase Bank- checking acct — Interest

Chevy Chase Bank- CD — Interest

SEI Daily Income Prime Obligation CI. B — Int/Div

Maryland St Dept Transn Cons Transn Rev dtd 9/15/94 5% — Interest

Charles Cnty MD Cons Pub Impt GO dtd 2/15/96 5% — Interest

Honolulu Hawaii City & Cnty dtd 9/1/96 6% — Interest — Matured

Starbucks Corp. — None

Standard & Poors Midcap 400 — Int/Div

Federal Realty Investinent Trust — Int/Div

Avalonbay Communities — Int/Div

Poore Brothers, Inc — None — Sold

St. Joe Company — Int/Div

Archstone-Smith Trust — Int/Div — Sale

New Gennany Fund — Int/Div — Sold

Ishares MSCI Singapore (Free) Index Fund — None — Sold

Calvert Group Tax-Free Money Market Fund — Int/Div

Harford Cnty MD 4.25% 1/15/09 — Interest

American Century Global Gold Fund — None

ISHARES Russell 2000 — Int/Div

ISHARES S&P Europe 350 — Int/Div

New Zealand Govt. 6.5% due 2/15/05 — Interest — Matured

ISHARES Lehman 1-3yr Treasury Bond — Int/Div — Sold

ISHARES MSCI Spain — Int/Div

T. Rowe Price New Asia Fund #39 — Int/Div — Purch

iShares Nasdaq Biotech Index — None — Sold

U.S. Treasury Bill due 1/27/05 — Interest — Matured

U.S. Treasury Bill due 4/28/05 — Interest — Matured

Morgan Stanley MTN Var-Cpn due 2/01/11 — Interest

Nexen Inc — Int/Div — Purchased

Suncor Energy Inc — Int/Div — Purchased

U.S. Treasury Bill Z-Cpn due 2/23/06 — Interest — Purchased

See Item 31 — Sale

U.S. Treasury Bill due 4/27/06 — None — Purchased

Midfirst Bank CD 4% due 10/5/06 — None — Purchased

U.S. Treasury Bill due 7/28/05 — Interest — Purchased

See Item 35 — Matured

U.S. Treasury Bill due 8/25/05 — Interest — Purchased

See Item 37 — Matured

U.S. Treasury Bill due 10/27/05 — Interest — Purchased

See Item 39 — Matured

U.S. Treasury Bill due 1/26/06 — Interest — Purchased

See Item 41 — Sold

Simplified Employee Pension Plan (SEP-IRA) — Int/Div

See Item 43 — Interest

Adams Express Co — Sale

SEI Daily Income Prime Obl CI B

St. Joe Company — Sale

See Item 47 — Purch.

ISHARES S&P Europe 350

New Zealand Govt. 6.5% due 2/15/05 — Matured

ISHARES MSCI Spain

Canadian Oil Sands Trust — Purchased

See Item 52 — Purch

See Item 52 — Sold

Petroleum & RES Corp — Purchased

Templeton Dragon Fd Inc — Purchased

U.S. Treasury Bill Z-Cpn due 2/23/06 — Purchased

U.S. Treasury Bill due 8/25/05 — Purchased

See Item S8 — Matured

Individual Retirement Account — Int/Div

See Item 60 — Interest

SEI Daily Income Prime Obl CI B

Avalonbay Communities Inc — Sale

See Item 63 — Sale

Royce Value Trust, Inc

Adams Express Co — Sale

Standard & Poors Midcap 400

Cohen & Steers Total Return Realty Fund, Inc. — Sale

Franklin Capital Growth Fund

Franklin Equity Income Fund

Ishares MSCI Canada Index Fund, Inc. — Purch.

T. Rowe Price Growth & Income Fund, Inc. — Sale

T. Rowe Price Equity Income Fund, Inc. — Sale

See Item 73 — Sale

T. Rowe Price Small Cap Stock Fund — Sale

See Item 75 — Sold

T. Rowe Price International Stock Fund

Third Avenue Value Fund, Inc

Catellus Development Corp. — Merger

St. Joe Co. — Sale

American Century Global Gold Fund

Health Care Select SPDR — Sold

FHLMC MTN 3.25% due 11/15/09

ISHARES Lehman 1-3 yr. Treasury Bond — Sale

See Item 84 — Sold

New Zealand Govt. 6.5% due 2/15/05 — Matured

Morgan Stanley MTN Var-Cpn 2/1/11

iShares S&P/Topix 150 Index Fund — Sold

Weingarten Realty Investors Fund — Purch

Lehunan Bros Bank CD 2.25% 6/23/05 — Matured

U.S. Treasury Bill 1/27/05 — Matured

U.S. Treasury Bill Z-Cpn 5/26/05 — Matured

U.S. Treasury Bill 6/30/05 — Matured

CISCO Systems, Inc — Purchase

Prologis (see Itein 79) — Merger

Sanofi-Aventis ADR — Purchase

Syngenta AG ADR — Purchase

Veolia Environment ADR — Purchase

Petroleumn & RES Comp — Purchase

Templeton Dragon Fd Inc — Purchase

U.S. Treasury Bill due 5/25/06 — Purchase

FNMA 5% due 1/15/07 — Purchase

U.S. Treasury Note 4.25% due 11/30/07 — Purchase

Broadway Bank CD 3.7% due 6/30/06 — Purchase

Midfirst Bank CD 4% due 10/5/06 — Purchase

First FED CA CD 4.35% due 11/9/06 — Purchase

Canadian Oil Sands — Purchase

See Item 107 — Sold

U.S. Treasury Bill due 8/25/05 — Purchase

See Item 109 — Matured

U.S. Treasury Bill due 10/27/05 — Purchase

See Item [11 — Matured

U.S. Treasury Bill due 11/25/05 — Purchase

See ltem 111 — Matured

U.S. Treasury Bill due 12/15/05 — Purchase

See [tem 115 — Matured

Lehinan Bros Bk CD 4.05% due 9/1/06 — Purchase

Life Insurance- Massachusetts Mutual Life Insurance — None

Rental property, Rappahannock County, VA (8/2/96 $86,600) — Rent

Director, Camegie Foundation for the Advancement of Teaching

Director, Historical Society for the District of Columbia Circuit

Reimbursement — Carnegie Foundation for the Advancement of Teaching, Stanford, CA — Edinburgh, Scotland, 10/3-4, International Philanthropy Symposium (meals, hotel, and transportation).

Reimbursement — Carnegie Foundation for the Advancement of Teaching, Stanford, CA — Berkeley, CA, 7/28-29, Executive Committee and Board Meetings (meals, hotel, and transportation).

Reimbursement — Carnegie Foundation for the Advancement of Teaching, Stanford, CA — Berkeley, CA, 3/17-18, Executive Committee & Board Meetings (meals, hotel, transportation, and long distance telephone).

Spouse's income — 2005 — Self-Employed (education consultant)

Part VII. Investments and Trusts

for each share of Catellus.

Items 78 & 94- Catellus Development Corporation merged with Prologis. Shareholders of Catellus received A Prologis plus $9.27 in exchange