William Henry Barbour jr

OWNED BY.WILLIAM H. BARBOUR, JR.

STOCKS, BONDS AND BANK ACCOUNTS

Yazoo Northwest (common) — Int/Div

AmSouth (common) — Int/Div

Mobil Oil (common) — Int/Div

Belmont Lodge (common) — None

Citibank Deposit Program-formerly SB Money Funds — Int/Div

Miss. Cap. Imp. - Bonds — Interest

Capital World Growth and Income Fund — Int/Div

Europacific Growth Fund — Int/Div

Income Fund of America — Int/Div

New Perspective Fund — Int/Div

Compass Capital III - Preferred Stock — Int/Div

Miss. LSE Rev. - Bonds — Interest

Miss. Dev. BK - Bonds — Interest

Miss. Cap. Imp. - Bonds ) — Interest

REAL ESTATE (Items 18-22)

Land #1, Yazoo County, MS — Timber Sale

Land #2,Yazoo City, MS - 1/2 interest — None

Land #2, Yazoo City, MS remaining 1/2 interest — None

Residential Subdivision #1 (See expl Section VIII) — None — note)

Subdiv #1: Lots {ff less Lots, QA — Note)

INDIVIDUAL RETIREMENT ACCOUNTS (Items 23-60)

IRA Rollover Acct-Brokerage Account #1 (24 - 34)

BellSouth (common) — Int/Div

AmSouth (common) — Int/Div

Irvine Sensors (common) — Sell

Goldman Sachs Capital Fund — Int/Div

Pioneer Growth Oppor Fd A (was Amsouth Small Cap) — None

Citibank Deposit Program — Interest

Seligman New Tech Fund — Int/Div

Bank of America (common) — Int/Div — more

Johnson & Johnson (common) — Int/Div — more

Microsoft (common) — Int/Div — more

IRA Managed Rollover-Brokerage Account #2 (35 - 61) — note)

Time Warner, Inc. (common) — None — Sell

Genentech, Inc. (common) — None — Sell

Amer International Group Inc (common) i — None — Sell

Amgen Inc. (common) — None — Sell

Coca-Cola (common) — None — Sell

Walt Disney Holding Co. (common) — Int/Div — Sell

Gillette Co. (common) — None — Sell

Home Depot Inc. (common) — None — Sell

Intel Corp. (common) — None — Sell

Johnson & Johnson (common) — None — Sell

Microsoft Corp. (common) — None — Sell

Pepsico Inc. (common) — Int/Div — Sell

Texas Instruments Inc. (common) — None — Sell

Wm Wrigley Jr. Co. (common) — None — Sell

Wells Fargo & Co. New (common) — None — Sell

Cisco Systems (common) — None — Sell

Berkshire Hathaway (common) — None — Sell

Dell, Inc. (common) — None — Sell

IAC Interactive Corp (common) — None — Sell

Merrill Lynch & Co., Inc. (common) — None — Sell

Biogen Idec, Inc. (common) — None — Sell

American Balanced Fd CL A — Int/Div — Buy

Evergreen Asset Allocation Fd CL A — Int/Div — Buy

Washington Mutual Investors Fd CL A — Int/Div — Buy

Citibank Bank Deposit Program — Interest — Buy

OIL. AND GAS INTERESTS (62 - 92) — Note)

1-Marathon Oil Co. & Citgo, Claiborne Parish, [A — Royalty

2-Sohio Pet Co., Franklin Parish, LA — Royalty

3-Marathon Oil Co., Claibome Parish, LA — Royalty

4-Placid Oil Co., Warren County, MS — Royalty

5-Shell Oil Co., Rankin County, MS — Royalty

6-US Trading Co., Madison Parish & Richland Parish, LA — Royalty

7-McGowan Working Partners, Yazoo County, MS — Royalty

8-Pennzenergy (was Pennzoil Exp & Prod Co., Yazoo Co., MS — Royalty

9-TXP Op Co., Yazoo County, MS — Royalty

10-Shell Western E&P, Lincoln County, MS — Royalty

11-Pennzoil Exp & Prod Co, Yazoo County, MS — None

12-Petro-Hunt Bovina Field, Warren Co.,MS — None

13-Jefcoat, Yazoo Co., MS — None

14-Bruxoil, Clay Co., MS — Royalty

15-Chevron USA, Claibome Parish, LA — Royalty

16-Coho Resources, Jasper Co., MS — Royalty

17-Denbury Resources Jasper, Clark, Lincoln & Pike Co., MS — Royalty

18-D&S Oil & Gas, Claiborne Parish, LA . — Royalty

19-Devon Energy, Yazoo Co,MS. Bossier Parish, LL — Royalty

20-EOTT Energy, Jasper & Smith Co., MS — Royalty

21-Ergon, Madison & Yaz00 Co., MS — Royalty

22-Fina Oil, Claiborne Parish, LA — Royalty

23-Hassie Hunt Exploration, Yazoo Co., MS — Royalty

24-1.P. Oil. Lincoln & Pike Co., MS — Royalty

25-McGowan Working Partners, Yazoo Co., MS — Royalty

26-Marathon Oil, Claiborne Parish, LA — Royalty

27-Shell Oil Co., Pike Co., MS — Royalty

28-Spooner Petroleum, Jasper Co. MS — Royalty

29-St. Mary Land & Exploration, Claibome Parish, LA — Royalty

30-Pennzenergy, Yazoo Co., MS — Royalty

OWNED BY imme terme 01. 1N0Y

Daimler Chrysler (common) — Int/Div

Goodyear (common) — Int/Div

Georgia Pacific (common) — Int/Div

Louisiana Pacific (common) — Int/Div

Regions Financial Corp (was Union Planters Bank( (common) — Int/Div

Trustmark (common) — Int/Div

General Motors (common) — Int/Div

Delphi Corp (common) — Int/Div

Electronic Data Systems (common) — Int/Div

AmSouth IRA Cash Equivalent — Interest

Mineral Interests (105 - 109)

1-Hughes-Parker Drilling, Yazoo Co., MS — Royalty

2- Mineral Interest Choctaw Co.. MS — Royalty

3-Mineral Interest, Grenada Co., MS — Royalty

4-Mineral Interest, Grenada Co., MS — Royalty

5-Mineral Interest, Various Counties, MS B — Royalty

INCOME BENEFICIARY TRUST# (items 110 - 134) p — note)

Stocks

AmSouth (common) — Int/Div

General Motors (common) — Int/Div — Sell

Georgia Pacific (common) — Int/Div — Sell

Plum Creek Timber Co. (common) — Int/Div

La. Pacific (common) — Int/Div

Shering-Plough (common) — Int/Div

Chevron Texaco Corp. (common) — Int/Div

Merck & Co. (common) — Int/Div

Coca Cola Co. Delaware (common) — Int/Div

Motorola, Inc. (common) — Int/Div

Sprint Nextel (common) (incl Sprint Corp Series 1) — Int/Div

Jennison Utility Fd (7/9/03 name change from Prudential) — Int/Div

Alltel Corp. (common) — Int/Div

General Electric (common) — Int/Div

Delphi Corp. (common) — Int/Div

Medco Health Solutions, Inc. (Merck Spin off 8/03) (common) — None

FreeScale Semiconductor (common) — None

Bank of America — Int/Div — Buy

Mineral Interests (131-134)

Mineral Interest #1, Choctaw Co., MS — Royalty

Mineral Interest #2, Grenada Co., MS — Royalty

Mineral Interest #3, Grenada Co., MS — Royalty

Mineral Interest #4, Various Counties, MS — Royalty

VIL

Lines 21 & 22 show the unsold lots in my Residential Subdivision at the end of the reporting period with an estimated value for those unsold lots on Line 21.

There will be no income produced by the remaining lots in inventory unless and until they are sold.

Line 3s through 61 - This is a second IRA rollover account held at a brokerage house. It was opened after the partial sale of 1st American stock that was made in

the first IRA rollover account. I have a money manager who invests this account, thus, it is designated "IRA Managed Rollover".

Lines 62 through 92 - As I have noted for several years, I may own oil and gas interests which I inherited or obtained otherwise and of which I have no records.

All income-producing interests have been included in my reports. As leasing activity occurs, I add them to my report.

Line 110 -

is the trustee and beneficiary of Trust #1. The Mineral Interests listed at lines 131 through 134 are other fractional mineral interests

under the same tracts that are listed on lines 105 through:109 as assets not owned in trust.