James Parker Jones

The Doris Duke Trust, income beneficiary — Int/Div

FBR Gas Utility Index Fund — Int/Div

Bell South Corporation common stock — Int/Div

Berkshire Hathaway B common stock — None — buy

Chevron Corp common stock — Int/Div

Duke Energy common stock — Int/Div

Spectra Energy common stock — Int/Div — spinoff

Exxon Mobil common stock — Int/Div

IBM common stock — Int/Div

AT&T Inc. common stock — Int/Div

T.Rowe Price Va Bond Fund — Int/Div

T. Rowe Price Summit Muncipal Intermediate Fund — Int/Div

T. Rowe Price Growth Stock Fund — Int/Div

T. Rowe Price New Horizons Fund — Int/Div

T.Rowe Price New Asia Fund — Int/Div

T. Rowe Price Int'l Stock Fund — Int/Div

T.Rowe Price Int'l Stock Fund — Int/Div

T. Rowe Price New Income Fund — Int/Div

T. Rowe Price Prime Reserve Fund — Int/Div

T. Rowe Price Science & Tech. Fund — None

T.Rowe Price Blue Chip Growth Fund — Int/Div

T. Rowe Price Equity Index 500 Fund — Int/Div

T. Rowe Price Value Fund — Int/Div

T. Rowe Price Equity Income — Int/Div

Wachovia Bank account — Interest

TS&W Int'l Equity Portfolio — Int/Div

3M Co common stock — Int/Div

AMR Corp. common stock — None — sale

AON Corp common stock — Int/Div — sale

Abbott Laboratories common stock — Int/Div

Agilent Technologies Inc common stock — None — sale

American Int'l Group Inc common stock — Int/Div — sale

Assurant Inc common stock — None — buy

Avery Dennison Corp common stock — Int/Div — sale

Bank of America common stock — Int/Div

Baxter International common stock — Int/Div

Becton Dickinson & Co common stock — None — buy

BJ Services Company common stock — Int/Div — sale

BMC Software Inc. common stock — None

Bristol Myers Squibb Co common stock — Int/Div

Burlington Northern Santa Fe common stock — Int/Div

Carnival Corp paired shares — Int/Div

Caterpillar Inc. common stock — Int/Div

Centerpoint Energy Inc common stock — None — buy

Chevron Corp common stock — Int/Div

Cigna Corp common stock — Int/Div

Cisco Systems Inc common stock — None — buy

Citigroup Inc common stock — Int/Div — sale

Coca Cola Enterprises common stock — Int/Div — sale

Conocophillips common stock — Int/Div — buy

Coming Inc common stock — Int/Div — buy

Deere & Co common stock — Int/Div — buy

Deutsche Telekom AG ADR — Int/Div — buy

Dominion Resources Inc. common stock — Int/Div

Donnelley R R & Sons Co. common stock — Int/Div

Dow Chemical Co common stock — Int/Div — buy

E-Trade Financial Corp common stock — None — sale

Emerson Electric Co common stock — Int/Div

First Energy Corp common stock — Int/Div

General Electric Co. common stock — Int/Div

Genworth Financial Inc common stock — Int/Div — buy

Genworth Financial Inc common stock — sale

Grant Prideco Inc common stock — None

Harns Corp common stock — None — buy

Hewlett Packard Co. common stock — Int/Div

Home Depot common stock — Int/Div — sale

IBM common stock — Int/Div — buy

Inco Ltd common stock — Int/Div — sale

Ingersoll-Rand Company common stock — Int/Div — sale

Johnson & Johnson common stock — Int/Div

Kroger Co common stock — Int/Div — buy

L-3 Communications Hldgs common stock — Int/Div

Laboratory Corp of America common stock — None

Manpower Inc common stock — Int/Div

Merck & Co Inc common stock — None — buy

Merck & Co Inc common stock — sale

Merck & Co Inc common stock — buy

Merck & Co Inc common stock — sale

Merrill Lynch common stock — Int/Div

MGIC Invts Corp common stock — Int/Div — sale

Microsoft Corp common stock — Int/Div

Nestle SA ADR — Int/Div

Nokia Corp ADR — Int/Div

Norfolk Southem common stock — Int/Div — sale

Nucor Corp common stock — Int/Div — sale

Patterson UTI Energy common stock — Int/Div — sale

Pfizer Inc common stock — Int/Div — sale

Pitney Bowes common stock — Int/Div — buy

Pitney Bowes common stock — sale

PPL Corpcommon stock — Int/Div

Plum Creek Timber Co REIT — Int/Div — sale

Praxair, Inc common stock — Int/Div

Prictor & Gamble common stock — Int/Div — buy

Prudential Financial common stock — Int/Div

Quest Diagnostic Inc common stock — Int/Div — buy

Republic Svcs Inc common stock — Int/Div

Rio Tinto PLC sponsored ADR — Int/Div

Rockwell Collins Inc common stock — Int/Div — buy

Sara Lee Corp common stock — Int/Div — buy

Schlumberger Ltd common stock — Int/Div

Seagate Technology common stock — Int/Div — sale

Shire PLC ADR — Int/Div — sale

Southern Co common stock — Int/Div

Suntrust Banks Inc common stock — Int/Div

Target Corp common stock — Int/Div

Telefonaktiebolaget LM Ericsson sponsored ADR — Int/Div

St Paul Travelers Companies common stock — Int/Div

Terex Corp common stock — None — sale

TJ X Cos Inc common stcok — Int/Div

Time Warner Inc common stock — Int/Div

Total SA sponsored ADR — Int/Div

Transocean Inc common stock — Distribution — merger

Verizon Comm. common stock — Int/Div — buy

Wal-Mart Stores common stock — Int/Div

Wells Fargo & Co common stock — Int/Div

Western Union Co common stock — None — buy

Western Union Co common stock — sale

Schwab cash reserve fund — Int/Div

Arlington Co VA muni bond — Interest

Bedford Co VA muni bond — Interest

Fairfax Co VA muni bond — Interest

Hampton VA muni bond — Interest

Henry Co VA muni bond — Interest

Orange Co VA muni bond — Interest — buy

Prince William Co VA muni bond — Interest

Roanoke VA muni bond — Interest

Rutherford Co TN muni bond — Interest

Virgina Beach VA muni bond — Interest

Virginia Comwlth Tr muni bond — Interest

Virginia St Pub Rev muni bond — Interest

Reimbursement — Duke University School of Law — Durham, NC

In Part VII Investments and Trusts, the following explanation:

In Part VII, the prior listing of DR Horton common stock in the 2006 report (line 70) was partly in error. DR Horton common stock was sold on 6/20/2006, Value

Code J, Gain Code A, and thus was not held in 2007.