Peter Keeton Leisure

APPLE INC, COM STOCK (IRA) — Sold

WYETH COM STOCK — Int/Div

JP MORGAN CHASE COM STOCK — Int/Div

CIGNA COM STOCK — Int/Div

IBM COM STOCK — Int/Div

3M COMSTOCK — Int/Div

EXXONMOBIL COM STOCK — Int/Div

PEPSICO COM STOCK — Int/Div

EDISON INTL COM STOCK — Int/Div

UNION PACIFIC COM STOCK — Int/Div

CITIBANK CHECKING — Interest

9.759% INT. IN DAVID WARD HEIRS O IL & GAS (WV) — Royalty

12. — Interest

11.8962% INT. IN DAVID WARD HEIRS COAL (WV) — Interest

14. — Royalty

KANAWHA & ELK RR Co. COM STOCK — None

BAXTER INTL.COM STOCK (IRA) — Int/Div

FOREST LABS COM STOCK — None

CVS CAREMARK CORP COM STOCK (I RA) — Int/Div

QUICKSILVER PIPELINEET AL (MI) (SEE PART VII) — Royalty

FIRSTENERGY CORPCOM STOCK — Int/Div

CITIBANK SUPER YIELD MONEY MAR KET — Interest

MORGAN STANLEY COM STOCK (Y)

XEROX CORP COM STOCK (IRA) — Int/Div

CITIBANK CHECKING — None

12.5% INT IN WARD HEIR MINERAL RI GHTS (MD) — Royalty

27 — Interest

MICROSOFT CORP COM STOCK — Int/Div

ORACLE CORP COM STOCK (IRA) — None

ANADARKO PETE COM STOCK — Int/Div

BPPLC ADS — Int/Div

DIRECT TV GROUP INC.COM STOCK — None

APPLE COMPUTER COM STOCK (IRA) — None

RMANY MONEY FUND — Int/Div

ALLIANCE BERNSTEIN HLDG. LP — Distribution

UBS BANK USA DEP A/C (IRA) — Interest

BANK OF AMER CORP COM STOCK — Int/Div

CALAMOS STRATEGIC TOTAL RET URN FUND — Int/Div

KAYNE ANDERSON MLP INVESTME NT — Distribution

POWERSHARES QQQ TR SER 1 — Int/Div

ENTERPRISE PRODUCTS PARTNER LP MLP — Distribution

MAGELLEAN MIDSTREAM PTRS LP — Distribution

BANK DEPOSIT PROGRAM MORGAN STANLEY BANK — Interest

NUSTAR ENERGY LP — Distribution

RMA TAX-FREE FUND — Interest

AIG FIRST SUNAMERICA NY FDN AN NUITY — None

UNITED TECHNOLOGIES CORP COM S TOCK — Int/Div — Sold

APPLE COMPUTER COM STOCK (IRA) — None — Sold

CHINA MOBILE SPON ADR (IRA) — None — Sold

RESEARCH IN MOTION LTD COM STO CK (IRA) — None — Sold

CHINA MOBILE SPON ADR — Int/Div — Buy

MICROSOFT CORP COM STOCK — Int/Div — Buy

NOVO NORDISK ADR DENMARK — None — Buy

APPLE INC, COM STOCK (IRA) — None — Buy

APPLE INC, COM STOCK (IRA) — Sold

APPLE INC, COM STOCK (IRA) — Buy

APPLE INC, COM STOCK (IRA) — Sold

APPLE INC, COM STOCK (IRA) — None — Buy

APPLE INC, COM STOCK (IRA) — Buy

RESEARCH IN MOTION LTD (IRA) — None — Buy

RESEARCH IN MOTION LTD (IRA) — Buy

CHINA MOBILE SPON ADR (IRA) — None — Buy

CHINA MOBILE SPON ADR (IRA) — Sold

X) LEASE OF MIN RTS ON PROPERTY IN FREESTONE CO. TEXAS — Rent

Part VII - Investments and Trusts

1) Assets sold in 2007 have been deleted from this year's report; all assets still on hand at 12/31/07 are listed in the same order as they appeared on last year's

report.

2) Line 15 is blank because there was no "distribution" from the asset listed on line 13 as there was in 2007, but the line has been left in in case there is a

diswribution in the future.

3) Line 20 - Names of leasing companies paying royalties have changed but underlying ownership of mineral rights remains the same.

4) Line 67 - Inherited mineral rights on property located in Freestone Co., Texas were previously exempt from disclosure