John Gilpin Heyburn 2

L.S. Trust — Int/Div

F.F.S. Trust — Int/Div

HILLIARD LYONS TRUSTEE(IRA) — Int/Div

Hilliard-Lyon Gov't Fd.

Banco Bilbao Vizcaya

Berkshire Hathaway-B

Chevron

Exxon Mobil

Growth Fd. Of America

HILLIARD LYONS TRUSTEE (IRA)-Hilliard-Lyon Gov't Fd. — Int/Div

12a. Growth Fd. of America

Invest.Co.of Am.

Smallcap WId.Fd.

OTHER INVESTMENTS

Hilliard-Lyon Gov't Fd. — Int/Div

American Tower Corp — Int/Div — all

Anheuser Busch — Int/Div — sold

Apple Inc — Int/Div — buy

Berkshire Hathaway — Int/Div — buy

Bristol Myers Squibb — Int/Div

Brown Forman Inc — Int/Div

Chevron Corp. — Int/Div

Citadel Broadcasting — Int/Div

Clorox Co. — Int/Div

Colgate Palmolive — Int/Div

Costco — Int/Div

Daktronics, Inc — Int/Div

Disney Co. — Int/Div

Ebay Inc — Int/Div — sold

Emerson Electric Co. — Int/Div

Exxon Mobil — Int/Div

First Marblehead Corp — sold

General Electric Co — Int/Div

GlaxcoSmithKline PLC * (W) — Int/Div

Goldman Sachs — Int/Div — buy

Growth Fd. Of America — Int/Div

Hilliard Lyons Growth — Int/Div

Home Depot Inc — Int/Div

Johnson and Johnson — Int/Div

Kimberly-Clark Corp — Int/Div

MBIA Inc — sold

McGraw-Hill Cos. — Int/Div

Medtronic Inc — Int/Div

Merck and Co. — Int/Div

Microsoft — Int/Div — sold

Moodys — Int/Div

Pepsico — Int/Div — sold

Proctor & Gambill — Int/Div

Schlumberger Ltd (W) — Int/Div — buy

Starbucks Corp. — Int/Div

SY Bank Corp. — Int/Div

US Wireless Online, Inc. — Int/Div

Walgreen Company — Int/Div

Wyeth, formerly Amer.Home Prod. — Int/Div

Zimmer Hidgs — Int/Div

Baird Bond Fund

Blackrock Fd

Gen.Elect.

Ishares Tr

National City — all

JP Morgan Co

TRUST (MPS Tr.) - Armanda Money Mkt.Fd — Int/Div

Ky. Tax Exempt Money Fd

American Intl Group — all

BP PLC ADR

Citigroup Inc — all

Coca Cola Co

Gannett Co — all

General Electric

GlaxoSmithKline PLC

Honeywell Intl.

Johnson & Johnson

Marsh & McLennan — all

McGraw-Hill Co.

Nokia Corp.

Proctor & Gamble

Schlumberger Ltd

Texas Instruments

Wells Fargo & Co

CHARITABLE FOUNDATION - (ml Fd.) — Int/Div

92a. Hilliard Lyons Growth

ING ReliaStar Ins.Co. Universal Life Policy

MONY Whole Life

Trustee, Charitable Foundation - H

Liability — Capital One Visa — Credit Card

Reimbursement — American Conference Institute — Conference Speaker ($754.90)

Reimbursement — Tulane Law School — Symposium Speaker ($745.38)

(Indicate part of Report.)