William Henry Stafford jr

Investors Syndicate Lad. IV (itd. Partnership) — interet — Tammated — no payments

New York Life Insurance Co. — Int/Div

Prudential Life Irmmance Co. (policy) — Int/Div

Holiday Beach Resorts, Inc. (time share condo) — None

Cmergy Corp (common stock) — Int/Div

Compass Bancshares (common stock) — Int/Div

General Electric (common stock) — Int/Div

Goodyexr Tire & Rubber (common stock) — Int/Div

Johnson & Johmsan (comman stock) — Int/Div

NVIDIA Corp (cammon stock) — None

WalMart (commun stock) — Drv

Wells Fargo & Co. (crmmmon stock) — Int/Div — Sell

Nuveen INSD Qual Mum Fund — Interest

Southwest Airimes (common stock) — Int/Div

Lyandell Chemical (comman stock) — Int/Div

Allied Capital Corp. (comman stock) — Int/Div

TYCO Int! (common stock) — Int/Div

IRA - Merrill Lynch (Aggregate Ownership)

Global Tectmology — Int/Div

Jomt Mancy Mkt Acct. Morgan Stanley — Interest

IRA's - Morgan Stanley (Aggregate Ownership) — Int/Div

Blackrock Lo Duration (mutual fund)

Liquid Asset Fund (money market)

Enterprise Growth Fund (mutual fimd)

T Rowe Price Eq Inc (maitual fund)

PIMCO Total Retum A (mmutnal fimd)

Templeton Developing Markets A (mutual fund)

PIMCO High Yield A (mutual fond)

Blackrock Intermedmte BD (mutual fund)

PIMCO Small Cap Value A (mmstual fund)

Strong Opporamity INV Fd (mutual fund)

ING Intl Value A (mutual fund) — Sell

Joint Money Mkt Fund - Memill Lynch (X) — Interest

Fund - Memill L 4. Money Mic Fund (gy - Mertl Lynch (X

Memll Lynch Global Growth Fund (X) — Int/Div

Income — L — EE —— i ————————— —— ——— ————————— ———————————————————" — AWS. BBR a WSK 97

(Indicate part of Report.)

Many of the entries for cy{J) and me in previous reports ware, and cantimue to be, held as IRA's with Morgan Stanley and are reported under the Aggregate

of Ownership Arrangement.

Line item #2 from the 2002 report has been deleted. Investors Syndicate Ltd II ceased operations on 9/30/2002; therefore, the final report on this investment

should have been made in the 2002 report. No cash was received by termination of operations.

Line item #1 of this year's report: : Opeations of the partuembip ceased in 2003. The partership was terminated by the General Partner and no cash payments

a

and 40

Because of sales/exchanges, the following items from last year’s report are no longer reparted and have been deleted: 14, 24, 25, 27, 31, 32, 33, 34,35, 36,37 -