Simeon Timothy Lake 3

rental property #l-Houston, TX — Rent

rental property #2-Houston, TX — Rent

rental property #3-Houston, TX — Rent

rental property #4-Houston, TX — Rent

property, Washington Cnty, TX — Rent

J.P. Morgan Chase — Interest

Exxon Common Stock — Int/Div

Wells Fargo Bank Account — Interest

Royalty Interest, Washington County, Texas — Royalty

Merrill Lynch Money Mkt Acct (IRA) — Interest

AT&T Inc. Common Stock (IRA) — Int/Div

Novartis ADR (IRA) — Int/Div

IBM Corp. Common Stock (IRA) — Int/Div

General Electric Common Stock (IRA) — Int/Div

Intel Corp. Common Stock (IRA) — Int/Div

Syngenta AG ADR (IRA) — Int/Div

Nestle Corp. ADR (IRA) — Int/Div

Dr. Reddy's Lab ADR (IRA) Bb — Int/Div

Freds, Inc. Common Stock (IRA) — Int/Div

Johnson & Johnson Inc. Common Stock (IRA) — Int/Div

Procter & Gamble Inc Common Stock (IRA) — Int/Div

Washington Mutual Inc. Common Stock (IRA) — None

Microsoft Common Stock (IRA) — Int/Div

Air Transport Services Group, Inc. Common Stock (IRA) — None — Sold

McCormick Inc. Non-Voting (IRA) — Int/Div

Pfizer Inc. Common Stock (IRA) — Int/Div

3M Company (IRA) — Int/Div

Alabama Power Co. (IRA) — Int/Div — Buy

Trust #1

XCEL Energy, Inc. Common Stock — Int/Div

Walgreen Co. Common Stock — Int/Div

Hewlett Packard Co. Common Stock — Int/Div

Memll Lynch Money Market Acct — Int/Div

Southwest Airlines Common Stock — Int/Div

Apple Computer Inc. Common Stock — None

Bristol Myers Squib Co. Inc. Common Stock — Int/Div

Pfizer Inc. Common Stock — Int/Div

Microsoft Common Stock — Int/Div

Johnson & Johnson Co. Common Stock — Int/Div

Merrill Lynch Money Fund — Int/Div

AT&T Inc. Common Stock — Int/Div

Abbott Labs Common Stock — Int/Div — Buy (add'l)

Trust #2

Exxon Corp. Common Stock — Int/Div

Merrill Lynch Money Fund — Int/Div

Abbott Labs Common Stock — Int/Div

General Electric Common Stock — Int/Div

Pfizer Inc. Common Stock — Int/Div

Nokia Corp. Common Stock — Int/Div

Kellog Co. Common Stock — Int/Div

Hospira Inc. Common Stock — None

Procter & Gamble, Inc — Int/Div

Bank of Texas Account — Interest

Caterpillar Inc — Int/Div

Fidelity Municipal Money Mkt a/c — Interest

shares Global Financials Sector Index — Int/Div

shares S&P Global Telecom Sector Index — Int/Div

Kraft Foods — Int/Div

shares Pacific Ex Japan Index — Int/Div

shares FTSE China 25 Index — Int/Div

shares Emerging Mkts Index Fd — Int/Div — Sold

shares S&P Latin Amer 40 Index — Int/Div

shares Global Materials Index — Int/Div

shares S&P Metals & Mining ETF — Int/Div

Nuveen Muni Value Fund — Interest

Texas Water Assistance Board Bond — Interest

Co-Trustee, Trust #1

SECTION VII

PAGE 5

Line 28 -- Alabama Power Co. (IRA) is a new entry.