Walter DeKalb Kelley jr

TRUST #S — Int/Div

CMA Tax-Exempt Fund

Clear Media Ltd

AES Corp

American Tower Corp — Sell — Gain or Loss

Autozone Inc

Cincinnati Bell Inc

Crown Holdings Inc

Fairfax Finl Holdings Ltd — Sell — Loss

Gladstone Coml Corp

Laidlaw Intl Inc — Sell

Liberty Media Corp — Sell

MGI Pharma Inc

Markel Corp. Holding Co

Massey Energy Co

Micros Sys Inc

Pioneer Natural Resources Co

Saga Communications Inc — Sell — Loss

Wellpoint Inc fka Anthem Inc — Sell

Wellpoing Inc fka Anthem Inc — Sell

Wells Fargo & Co

Hanover County Wir & Swr Bonds — Redemption

Manassas VA Municipal Bond

Virginia State Public School Authority Bond — Redemption — Gain or Loss

Arlington County VA Public Improvement Bond

Richmond VA Public Utility Bond

American Capital World Groth & Income Fund

American Cap Inc. Bldr Fund

American Washington Mut Investors Fund

Blackrock Basic Value Fund (tka ML Basic Value Fund)

American High Income Municipal Bond Fund

Marsh & McLennan Cos

Echostar Comunications Cl

Tyco Intl Ltd New — Buy

Discovery Hldg Co (aka Liberty Media Corp) — Sell

NUCO2 Inc — Buy

Lamar Advertising Co — Buy

Lamar Advertising Co — Buy

Cumulus Media Inc — Buy

Clear Channel Outdoor Holdings Inc — Buy

Penn National Gaming Inc — Buy

NUCO2 Inc — Buy

Fairfax Final Holdings Ltd — Sell

NUCO2 Inc — Sell — Loss

TRUST #2 — Int/Div

CMA Tax-Exempt Fund

GMAC Bonds

Virginia Beach VA Development Authority Health Care Bond

Richmond VA Metro Authority Expressway Bond

Norfolk IDA Bond

Henrico Co. Municipal Bond

Newport News Municipal Bond

Virginia State Public School Authority Bond

Virginia State Public Bldg. Bond

Virginia Multi Family Housing Bond — Redemption

Fairfax County Public Improvement Bond

Virginia State Public Bldg. Authority Bond

Ricmond Municipal Bond

Virginia Port Authority Bond

Hospitality PPTYS Trust (REIT)

WachoviaCommon Stock (fka SouthTrust Corp.)

American Cap. Bldr. Fund

American High Income Municipal Bond Fund — Sell

Archstone Smith Trust (REIT)

ChevronTexaco Corp

GMH Communities Tr — Sell — Loss

Eaton Vance Floating Rate Fund — Sell — Loss

MFS Emerging Markets Debt Fund — Sell — Loss

Pimco All Asset Fund

Pimco Real Return Bond Fund — Buy

Loomis Sayles Strategic Income Fund — Sell

American Bond Fund of America — Buy

American Cap World Bond Fund — Buy

TRUST #3 — Int/Div

ML Cash Reserves

American Capital World

American Euro Pacific Growth Fund

American Small Cap Fund

American Fundamental Income Fund

American New Perspective Fund — Sell

BROKERAGE ACCOUNT #1 — Int/Div

ML Cash Reserves

The Phoenix Companies Inc. Common Stock

401(k)#I] — Int/Div

AES Corp

American Tower Corp — Sell

American Tower Corp — Sell

Cincinnati Bell Inc

Clear Media Limited

Crown Holdings Inc

Cumulus Media Inc — Buy

Fairfax Finl Holdings Ltd — Sell — Loss

Fairfax Finl Holdings Ltd — Sell

Gladstone Coml Corp

Healthextras Inc — Buy

IPC Holdings Ltd — Buy

Liberty Media Corp — Sell

MGI Pharma Inc

Markel Corp. Holdg Co

Massey Energy Co — Buy

Massey Energy Co — Sell

Micros Sys Inc

Penn Natl Gaming Inc — Buy

PMA Cap Corp — Sell

Precision Auto Care Inc

Saga Communications Inc

Wellpoint Inc (fka Anthem) — Sell

Fidelity Cash Reserves (fdrxx)

Marsh & McLennan Cos

Echostar Communications Cl

Carmax Inc

Pioneer Natural Resources Co

NUCO2 Inc

Clear Channel Outdoor Hldgs Inc

Discovery Hldg Co (aka Liberty Media Corp) — Sell

LIMITED PARTNERSHIP #1 — Int/Div

Dominion Res. Inc

First Industrial Realty Trust — Sell

Mills Corp. — Sell

Precision Auto Care Inc — Sell — LOSS

Note Receivable (American Recovery Services LLC)

LLC #2

Accounts Receivable — None

Note Receivable (William C. McKnew) — Interest

LLC #1

Note Receivable (American Recovery Services) — None

Wachovia Bank Account (fka SouthTrust) — Interest

Note Receivable (S. Lapp) — None — Loan

LLC #3

Wachovia Bank Account (fka SouthTrust) — Interest

Note Receivable (KMK Factoring, LLC) — None

TRUST #1 — Interest

Wachovia Bank Account (fka SouthTrust Bank) — Interest

Prudential Whole Life Policy — Int/Div

Mass Mutual Whole Life Policy — Int/Div

IRA #1 — Int/Div

Retirement Reserves Cl (fka ML Cash Reserves)

American Euro Pacific Growth Fund — Sell

American Growth Fund — Sel

ML Basic Value Fund — Buy

Blackrock Basic Value Fd (fka ML Basic Value Fund) — Sell

Delaware American Services Fund

Pimco Real Retum Bond Fund — Buy

Lord Abbett Research Fund — Sell

AIM Real Estate Fund — Sell

Calvert Income Fund — Buy

RA #2 — Int/Div

Retirement Reserves Cl (fka ML Cash Reserves)

Blackrock Basic Value Fd (fka ML Basic Value Fund)

Blackrock Eurofund (fka ML Eurofund) — Sell

Blackrock Fundamental Growth Fund (tka -ML FGF)

Blackrock Intl Value Fund (fka ML Intl Value Fund) — Sell

Blackrock Large Cap Core Fund (fka ML — Sell

LCCF)

Blackrock Large Cap Core Fund (fka ML LCCF) — Sell

Blackrock Large Cap Core Fund (fka ML LCCF) — Buy

Blackrock Pacific Fund) fka ML Pacific Fund — Sell

Blackrock Small Cap Growth Fund (fka ML SCGF) — Sell

Blackrock Value Opp Fund (tka ML Value Opp Fund) — Sell

Blackrock High Income Fund (fka ML Bond Fund High Inc)

Blackrock Bond Fund (tka ML Bond Fund Core Bond) — Buy

Blackrock Short Term Bond (fka ML Low Duration Fund — Buy

401(k) #2 — Int/Div

ML Retirement Reserves

Hartford Growth Opportunities — Sell

AIM Basic Value Fund

Fidelity Adv Overseas Fund — Sell

Franklin Small Cap Fund — Sell

Thomburg International Value Fund — Sell

AIM Intemational Growth Fund — Sell

Lord Abbett Affiliated Fund — Sell

ML Basic Value Fund — Sell

Oppenheimer Capital Appreciation Fund — Buy

Oppenheimer Capital Appreciation Fund — Sell

Templeton Developing Markets Trust — Sell

Templeton Developing Markets Trust — Sell

Columbia Marsico Focused Eqty Fund (fka Nations Marsico) — Sell

Columbia Marsico Focused Equity Fund — Buy

Columbia Marsico Focused Equity Fund — Sell

Columbia Marsico Focused Equity Fund — Sell

lvy Global Natural Resourced Fund — Sell

lvy Global Natural Resourced Fund — Buy

Neuberg & Bermn Genesis Trust — Sell

Muhlenkamp Fund — Buy

Muhlenkamp Fund — Sell — Loss

Matthews Asia Pacific Fund — Buy

DWS Dreaman High Ret Eqt Instl (fka — Buy

Dreaman High Ret)

DWS Dreaman High ret Eqt Instl (fka DWS Dreaman High Ret) — Buy

Davis New York Venture Fund — Buy

Davis New York Venure Fund — Buy

Federated Kaufmann Small Cap Fund — Buy

First American Small Cap Select Fund — Buy

Va Kampen Emerging Mkts Fund — Buy

Allianz Ccm Capital App Rec Fund — Buy

TRUST #4 — Int/Div

ML Cash Reserves

Putnam Income Fund — Sell — Loss

ML Small Cap Growth Fund — Sell

ML Small Cap Growth Fund — Sell

ML Small Cap Growth Fund — Sell

ML Small Cap Growth Fund — Sell

ML Small Cap Growth Fund — Sell

ML Small Cap Growth Fund — Sell

ML Small Cap Growth Fund — Sell

ML Small Cap Growth Fund — Sell

ML Small Cap Growth Fund — Sell

Blackrock Small Cap Growth Fund (fka ML) — Sell

ML Large Cap Core Fund — Sell

ML Large Cap Core Fund — Sell

ML Large Cap Core Fund — Sell

ML Large Cap Core Fund — Sell

ML Large Cap Core Fund — Sell

ML Large Cap Core Fund — Sell

ML Large Cap Core Fund — Sell

ML Large Cap Core Fund — Sell

ML Large Cap Core Fund — Sell

ML Large Cap Core Fund — Sell

ML Large Cap Core Fund — Sell

Blackrock Large Cap Core Fund (fka ML) — Sell

Blackrock Large Cap Core Fund (fka ML) — Sell

ML Fundamental Growth — Sell

ML Fundamental Growth — Sell

ML Fundamental Growth — Sell

ML Fundamental Growth — Sell

ML Fundamental Growth — Sell

ML Fundamental Growth — Sell

ML Fundamental Growth — Sell

ML Fundamental Growth — Sell

Blackrock Fundamental Growth (fka ML) — Sell

ML Intemational Value Fund — Sell

ML Intemational Value Fund — Sell

ML Intemational Value Fund — Sell

ML Intemational Value Fund — Sell

ML Intemational Value Fund — Sell

ML Intemational Value Fund — Sell

ML Intemational Value Fund — Sell

ML Intemational Value Fund — Sell

Blackrock Intemaltional Value Fund (tka ML) — Sell

ML Eurofund CI — Sell

ML Eurofund Cl! — Sell

ML Eurofund Cl — Sell

ML Eurofund Cl — Sell

ML Eurofund Cl — Sell

ML Eurofund Cl — Sell

ML Eurofund Cl — Sell

ML Eurofund Cl — Sell

Blackrock Eurofund (fka ML) — Sell

ML Muni Interm Term Fund — Buy

ML Muni Interm Term Fund — Sell — Loss

ML Muni Interm Term Fund — Sell — Loss

ML Muni Interm Term Fund — Sell — Loss

ML Muni Interm Term Fund — Sell — Loss

ML Muni Interm Term Fund — Sell — LOSS

ML Muni Interm Term Fund — Sell — Loss

ML Muni Interm Term Fund — Sell — Loss

ML Muni Interm Term Fund — Sell — Loss

Blackrock Intermediate Municipal Fund (fka ML) — Sell — Loss

ML Basic Value Fund Cl — Sell

ML Basic Value Fund Cl — Sell

ML Basic Value Fund CI — Sell

ML Basic Value Fund Cl — Sell

ML Basic Value Fund Cl — Sell

ML Basic Value Fund Cl — Sell

ML Basic Value Fund Cl — Sell

Blackrock BasicValue Fund (fka ML) — Sell

ML Value Opp Fund CI — Sell

ML Value Opp Fund Cl — Sell

ML Value Opp Fund CI — Sell

ML Value Opp Fund CI — Sell

ML Value Opp Fund Cl — Sell

ML Value Opp Fund CI — Sell

ML Value Opp Fund CI — Sell

ML Value Opp Fund CI — Sell

ML Value Opp Fund Cl — Sell

Blackrock Value Opp Fund (fka ML) — Sell

ML Municipal Bond Fund — Sell — Loss

ML Municipal Bond Fund — Buy

ML Municipal Bond Fund — Sell — Loss

ML Municipal Bond Fund — Sell — LOSS

ML Municipal Bond Fund — Sell — Loss

ML Municipal Bond Fund — Sell — Loss

ML Municipal Bond Fund — Sell — Loss

ML Municipal Bond Fund — Sell — Loss

ML Municipal Bond Fund — Sell — Loss

Blackrock Short Term Municipal Fund (fka ML) — Sell — Loss

ML Muni Bond National Cl — Sell — LOSS

ML Muni Bond National CI — Buy

ML Muni Bond National Cl — Sell — LOSS

ML Muni Bond National Cl — Sell — Loss

ML Muni Bond National CI — Sell — Loss

ML Muni Bond National Cl — Sell — Loss

ML Muni Bond National Cl — Sell — Loss

ML Muni Bond National Cl — Sell — Loss

ML Muni Bond National Cl — Sell — Loss

Blackrock National Municipal Fund (fka ML) — Sell — Loss

ML Pacific Fund Cl — Sell

ML Pacific Fund Cl — Sell

ML Pacific Fund Cl — Sell

ML Pacific Fund Cl — Sell

ML Pacific Fund Cl — Sell

ML Pacific Fund Cl — Sell

ML Pacific Fund Cl — Sell

ML Pacific Fund Cl — Sell

ML Pacific Fund Cl — Sell

Blackrock Pacific Fund (fka ML) — Sell

401(k) #3 — Int/Div

ML Retirement Reserves

Fidelity Adv Div Intl Fund — Sell

Pimco Real Return Bond Fund — Buy

Blcakrock Sm Cap Grth Equity Port Fund — Sell

Oppenheimer Developing Markets Fund — Sell

Oppenheimer Developing Markets Fund — Sell

Loomis Sayles Bond Fund — Buy

Loomis Sayles Bond Fund

Blackrock Aggrgte Bd Index Fund (fka ML) — Sell — Loss

Eaton Vance Floating Fund — Buy

Eaton Vance Floating Fund — Sell — Loss

Hartford Capital Appreciation Cl Fund — Sell

Hartford Capital Appreciation Cl Fund — Sell

Hartford Capital Appreciation Cl Fund — Sell

MFS Value Fund Cl — Buy

MFS Value Fund Cl — Buy

Columbia Marsico Focused Eqty Fund (fka Nations Marsico)

Victory Diversified Stock Fund — Sell

Calvert Income Fund Com — Buy

FPA New Income Inc. Fund — Buy

FPA New Income Inc. Fund — Sell — Loss

Royce Penn Mut Fund — Sell

The Oakmark Intl Fund — Buy

Blackrock Tl! Rtn — Buy

UTMA Account #1 — Int/Div — opened 03/16/06

ML Bank Deposit Program — Deposit

American Growth Fund of America Cl — Buy

American Growth Fund of America Cl — Buy

UTMA Account #2 — Int/Div — opened 3/16/06

ML Bank Deposit Program — Deposit

American Growth Fund of America — Buy

American Growth Fund of America — Buy

UTMA Account #3 — Int/Div — opened

General Partner, Limited Partnership #1

Trustee, [i] &= in of om Trust #2 aE = OO — Sx id

Trustee, p—r NJ he’ = 1 Trust #3 mo a -= j : TES <<

Administrator, UTMA Account #1

Administrator, UTMA Account #2

Administrator, UTMA Account #3

Director, Norfolk Botanical Garden Foundation

Reimbursement — Virginia State Bar — June 16, 2006 Virginia Beach, VA VSB Annual Meeting (Transportation)

Reimbursement — University of Texas — February 1 - 5, 2006 Austin, TX Intellectual Property Symposium (Transportation, Meals, Room)

Reimbursement — Louis K. Bonham, Esquire — January 13 - 14, 2006 Orlando, FL International Builders Seminar (Transporation, Meals, Room)

Income — 2006 — Regent University (teaching) — $4500.00

Ford Motor Credit Bonds were erroneously listed in Trust #2 on my 2005 Annual Report. The Ford Motor Credit Bonds were sold on 2/20/04 and should have

been listed as such on my 2004 Annual Report. The value code was K and there was neither a gain or a loss. Accordingly, this bond will not be listed under Trust

#2 this 2006 Annual Report.

Under IRA #1, IRA #2, Trust #4 and 401(k) #3, all ML Funds were purchased by Blackrock. The exact name changes are follows:

Stock was named ML Basic Value Fund. Stock is now named Blackrock Basic Value Fund.

Stock was named ML Eurofund. Stock is now named Blackrock Eurofund.

Stock was named ML Fundamental Growth Fund. Stock is now named Blackrock Fundamental Growth Fund.

Stock was named ML Intl Value Fund. Stock is now named Blackrock Intl Value Fund.

Stock was named ML Large Cap Core Fund. Stock is now named Blackrock Large Cap Core Fund.

Stock was named ML Pacific Fund. Stock is now named Blackrock Pacific Fund.

Stock was named ML Value Opp Fund. Stock is now named Blackrock Value Opp Fund.

Stock was named ML Low Duration Fund. Stock is now named Blackrock Short Term Bond Fund.

Stock was named ML Small Cap Growth Fund. Stock is now named Blackrock Small Cap Growth.

Stock was named ML Bond Fund High Inc. Stock is now named Blackrock High Income Fund.

Stock was named ML Bond Fund Core Bond. Stock is now named Blackrock Bond Fund.

Stock was named ML Muni Interm Term Fund. Stock is now named Blackrock Intermediate Municipal Fund.

Stock was named ML Municipal Bond Fund. Stock is now named Blackrock Short-Term Municipal Fund.

Stock was named ML Muni Bond National Cl. Stock is now named Blackrock National Municipal Fund.

Stock was named ML Aggrgte Bd Index Fund. Stock is now named Blcakrock Aggregate Bond Index Fund.