Robert R. Beezer

Coca Cola, Common — Int/Div

American Telephone Corp, Common — Int/Div — Part VIIIC.3

Bell South, Common — Int/Div

Verizon Communications, Common — Int/Div

Fortune Brands, Common — Int/Div — Part VIIIC 4

Exxon, Common — Int/Div

Ford Motor, Common — Int/Div

U.S. Treasury Bond 11-1/4 2015 — Interest

Merrill Lynch Mun. Bond Fund — Interest — Part VIII C.1

Proc. & Gamble, Common — Int/Div

Bethlehem Steel, Common — None

U.S. Treasury Bond 10-5/8 (2015) — Interest

Bank of America, Common — Int/Div

Scottish Power, Common — Int/Div

Puget Sound Energy, Common — Int/Div

Edison International, Common — Int/Div

Aegon, Common — Int/Div

Ft. Dearborn, Common — Int/Div

Tri Continental, Common — Int/Div — Part VIII C.1

General Electric, Common — Int/Div

Dow Chemical, Common — Int/Div

Clorox, Common — Int/Div

Int. Paper, Common — Int/Div

IBM, Common — Int/Div

T. Rowe Price, New Horizons — Int/Div — Part VIII C.1

NL Industries, Common — Int/Div

Bank of America, Savings — Interest

U.S. Treasury Bond 9% (2018) — Interest

Great Norther Iron Ore Trust Certificate — Int/Div

Treasury Direct (No. 1) — Interest — Part VIII C.2

Treasury Direct (No. 2) — Interest — Part VIII C.2

Pioneer Natural Resources, Common — Int/Div

Starbucks, Conunon — None

US Bank, Seattle — Interest

Key Bank, Seattle — Interest

Washington Mutual Savings, Seattle — Interest

Wells Fargo Bank,Seattle — Interest

Vodafone, Common

Cytec, Conunon — Int/Div

Tesoro, Common — Int/Div

U.S. Treasury Bond 8% (2021) — Interest

Lucent Technology, Common — None

NCR Corp., Common — None — Part VIII C.5

Gallaher, ADRS — Int/Div

Qwest, , Common — None

Citigroup, Common — Int/Div

Halliburton, Common — Int/Div

Avaya Communications, Common — None

Visteon Corporation, Common — Int/Div

Minnesota GO 2010 5% — Interest

Home Street Bank, Seattle — Interest

Verity Credit Union — Interest

58. St. Paul Travelers — Int/Div

Comcast, Class A, Common — None

Treasury Direct No. 3 — Interest — Part VIII C.2

Kronos Worldwide — Int/Div

St. Paul Travelers Companies, Inc — Int/Div

Acco Brands — Int/Div — Part VIIIC4

Agere Systems, Common — None — Part VIII C.6

Gift — 2005 Honorary membership** — The Harbor Club, Seattle, WA — 500

Gift — 2005 Honorary membership** — The Rainier Club, Seattle, WA — $0.00

Reimbursement — Northwestern Law School — Air transportation, lodging, food provided in kind plus the sum of § 77 for local travel March 2-5, 2005

A. Explanation for Part V: Gifts

**These memberships are limited to signing privileges and permit use of club facilities. They do not have a fixed monetary value but each is estimated to have a

value in excess of $250.00

B. Explanation for Part I: Positions. Also, Part VII: Investments and Trusts

Robert R. Beezer is named as wustee under the terms of a last will and testament establishing Trust #1. During 2005, the trust received income in an amount of

Income Code E.

As of December 31, 2005, Trust #1 held assets as follows:

Item

Value Code

Shares of General Electric, Common

J

U.S. Treasury Bonds 10-5/8 due 2015

M

Shares of AT&T, Inc., formerly SBC Communications, Inc., Common

K, See Part VIII C.3

Checking account, Union Bank of California, Seattle, WA

hj

Robert R. Beezer has no interest, present or future, in the income or assets of Trust #1

C. Explanation for Part VII: Investments and Trusts

1. Dividend reinvestments resulted in the the receipt of additional shares from the following firms during calendar year 2005 as follows:

Merrill Lynch Municipal Bond Fund

Tri Continental Corporation

T. Rowe Price, New Era Fund

T. Rowe Price, New Horizon

2. All treasury bills were maintained in Treasury Direct accounts and are reported in 2005 as a single entry. During 2005, principal deposits were made to these

accounts in the following amounts:

Account No. 1 Value Code

Account No. 2 Value Code

Account No. 3 Value Code

3. On January 31, 2005, SBC Communications, Inc. ("SBC") announced an agreement to acquire AT&T Corp. ("old AT&T"), which was completed on November

18,2005. After the closing of the acquisition, SBC changed its corporate name to AT&T Inc. ("new AT&T"). Shares of common stock of the new AT&T were

received in exchange for shares of old AT&T common stock. As part of that acquisition, each share of old AT&T common stock was converted into .77942 of a

share of the new AT&T stock.

4. On August 17,2005, Fortune Brands, Inc.'s ("Fortune Brancs") spun-off its ACCO World office products business and ACCO World's merger with General

Binding Corporation ("GBC") were completed, creating ACCO Brands Corporation ("ACCO Brands"). As a Fortune Brands shareholder of record as of August 9,

2005, shareholder received one share of ACCO Brands common stock for every 4.255 shares of Fortune Brands common stock owned by shareholder.

5. On January 31, 2005, all NCR stockholders of record as of the close of the market on December 31, 2005 received an additional share of NCR common stock

for each share owned.

6. On May 27, 2005, Agere Systems reclassified its Class A common stock and Class B common stock into a new, single class of common stock and completed a

1-for-10 reverse stock split.