Karon O. Bowdre

LLC #1- Hwy 280, LLC / Real Estate Birmingham, AL — Distribution

First Commercial Bank Acct — Interest

First Commercial Bank Acct — Interest

American Fund-Fundamental Investors — Int/Div

American Fund-Europacific Growth Fund — Int/Div — sell

American Fund-Capital World Growth and Income — Int/Div

Evergreen Money Mrkv/Bank Deposit Sweep Acct, See Part VIII — Int/Div

Compass Bank Common Stock — Int/Div

Janus Investment Fund - Small Cap Value Fund — Int/Div — sell

Janus Investment Fund - Small Cap Value Fund — Int/Div — sell

Dreyfuss Appreciation Fund — Int/Div — sell

Fundamental Investors — Int/Div

Growth Fund of America — Int/Div

Smith Bamey CitibankMoney Fund — Int/Div

RGBK Common Stock — Int/Div

Legg Mason Value Trust — Int/Div

Merck Common Stock — Int/Div — sell

Microsoft Common Stock — Int/Div

Walmart Stores Common Stock — Int/Div

Alabama 0% Judicial Bldg Bonds — Distribution

Fundamental Inves.Fund (IRA) — Int/Div

Growth Fund of America (IRA) — Int/Div

New Perspective Fund (IRA) — Int/Div

Small Cap World Fund-IRA — Int/Div

Wash Mut Inv Fund-IRA — Int/Div

Cap.World Growth&Inc-IRA — Int/Div — buy

Euro Pac Growth-IRA — Int/Div — buy

Invest Co of Amer-IRA — Int/Div — sell

Growth Fund Amer-IRA — Int/Div — sell

Wash Mut. Inv Fund-IRA — Int/Div

Fidelity Disc Equity-IRA — Int/Div

AmSouth Bancorp Common Stock — Int/Div — sell

Bank of America Common Stock — Int/Div

Pioneer Growth/Income Fund — Int/Div

Inv. Co of Amer Fund — Int/Div

Putnam Voyager Fund — Int/Div

Inv. Co. of America Fund — Int/Div — sell

ICOS Common Stock — Int/Div — sell

ALKS Common Stock — Int/Div

Trust I; Inc.Benet.;: (INNER CN — Distribution

AmSouth Bank Acct — Interest

American New Perspective Fund — Int/Div

American New Perspective Fund — Int/Div

Cisco Systems Common Stock — Int/Div — sell

Trust II; Inc! QENARERMSINR CY — Distribution

LLCII, See Part VIII — Distribution

401(k)@ The Principal, See Part VIII — Int/Div — buy

Lawfirm Capital Contribution! (lili ol

Pioneer Mid-Cap Value Fund — Int/Div

Putnam Small Cap Value Fund — Int/Div

McDonalds Corp. Common Stock — Int/Div

Pixar Common Stock — Int/Div

Pixar Common Stock — Int/Div

Evergreen Money Mrkt/Bank Deposit Sweep Acct, See Part VIII. — Interest

Columbia Funds, Intl Value Fd Inv. CL A — Int/Div

Wachovia Cash Sweep Acct, See Part VIII. — Int/Div

Janus Invt. Fd- Small Cap & Value Fund-IRA — Int/Div

T. Rowe Price Mid-Cap Growth Fund-IRA — Int/Div

General Electric Company Common Stock — Int/Div

Intel Corp. Common Stock — Int/Div — sell

Nuveen Select Tax Free Income Port 2 SBI — Int/Div

Growth Fund of America-Class A — Int/Div

New England Financial Permanent Life Insurance — Int/Div

New England Financial- Permanent Life Insurance Policy — Int/Div

New England Finan.- Variable Ord.Life - Zenith Equity Series — Int/Div

Van Kampen Equity & Income Fund-Cl B-fka Equity Income — Int/Div

Pfizer Common Stock — Int/Div — sell

USB Cash Fund — Interest

T. Rowe Price Mid Cap Growth Fund — Int/Div — sell

T. Rowe Price Mid Cap Growth Fund — Int/Div — sell

Eurapacific Growth Fund — Int/Div — sell

Medco Health-Common Stock — Int/Div — sell

Microsoft Common Stock — Int/Div

Capital World Growth — Int/Div — buy

Intermediate Bond Fund of America — Int/Div — buy

Intermediate Bond Fund of America — Int/Div

LLC #3 - FBN Properties 1, LLC; real estate investment

Chico's FAS, Inc — Int/Div — buy

Stem Agee Cash Trust Prime Money Market — Interest

Agreement — 2001 — Samford University (Defined Benefit Plan)-vested benefits in plan of former employer

Income — 2005 — Juliette Farms fka Kaybee Saddlebreds (Breed, Train & Show American Saddlebred Horses) . — $ 50,200.00

Spouse's income — 2005 — Self-Employed Law Practice

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401(k): Principal Global Investors Fund, Principal Global/Barrow Hanley Fund, American Century Investment Management Large Cap Growth Fund and

contributions to the Plan and purchases by the Plan to these preselected funds are made throughout the year.

Lawfirm Capital Contribution JINR is in the law ar Birmingham, AL.

Trust III owns a life insurance policy issued by Phoenix Mutual Life Insurance Company.

Trust IV owns a life insurance policy issued by Northwestern Mutual Life Insurance Company.

Investments in Evergreen Fund were changed to "Bank Deposit Sweep" by the Brokerage House without any client direction. We are unaware whether this change

reflected on statements was a change in account name, a change in default "sweep accounts", or a Brokerage House policy change necessitating a "sale" or one

account and the reinvestment in another account since all of these actions were not initiated, directed or approved by the reporting party or other family member.

Partial sales in some holdings did not change year-end category listings.