John E. Jones 3

PENN NATIONAL GAMING - COMMON STOCK — None

CHARLESSCHWAB & COINC-M/M FUND — Interest

OPPENHEIMER GLOBAL FUND A -MU TUAL FUND — Int/Div

OPPENHEIMBER CAPITAL APPRECIAT ION FUND A - MUTUAL FUND — None

BROOKSTREET SECURITIES CORP.-M /M FD. - TREAS FUND — Int/Div — Redeemed

WYE COMMON STOCK-IRA — Int/Div

CVX COMMON STOCK-IRA — Int/Div

HPQ COMMON STOCK-IRA — Int/Div

XOM COMMON STOCK-IRA — Int/Div

FULT COMMON STOCK-IRA — Int/Div

GE COMMON STOCK-IRA — Int/Div

HON COMMON STOCK-IRA — Int/Div

KMB COMMON STOCK-IRA — Int/Div

SOV COMMON STOCK-IRA — None

MRK COMMON STOCK-IRA — Int/Div

MMMCOMMON STOCK-IRA — Int/Div

PEP COMMON STOCK-IRA — Int/Div

WELLS FARGO & CO - COMMON STOC K - IRA — Int/Div

RR DONNELLEY & SONS CO - COMMO N STOCK - IRA — Int/Div

UNITED PARCEL SERVICECLB -C OMMON STOCK - IRA — Int/Div

APPLIED MATERIALS - COMMON STO CK - IRA — Int/Div

INTEL CORP - COMMON STOCK -IRA — Int/Div

MICROSOFT CORP - COMMON STOCK -IRA — Int/Div

SELECT SECTOR SPDR TR UTILITIES COMMON STOCK - IRA — Int/Div

SELECT SECTOR SPDR TR MATERIALS - COMMON STOCK-- IRA — Int/Div

DODGE & COX STOCK FUND - MUTUA L FUND - IRA — Int/Div

FIDELITY FUND (FFIDX) - MUTUAL FU ND — Int/Div

OPPENHEIMER MONEY MARKET MUTUAL FUND — Int/Div

MEREDITH CORP- IRA — Int/Div

CITIGROUP - IRA — Int/Div

ENI SPA SPON ADR — Int/Div — Sold

FEDERATED STRATEGIC VALUEF UND #662 - IRA — Int/Div

OAKMARK INTL #109 -IRA — Int/Div

HARBOR INTL FUNDZ#I11 -IRA — Int/Div

APPLE COMPUTER — None — Sold

MID CAP S PDR TRUST MDY — Int/Div — Sold

VANGUARD MID CAP VO — None — Sold

VANGUARD US VALUE VUVLX — Int/Div

FEDERATED STRATEGIC VALUE #662 IRA - SVAIX — Int/Div

FAIRPOINT COMMUNICATIONS — None — from line 54)

FAIRPOINT COMMUNICATIONS — None — Sold

TRANSOCEAN INC — None — Buy

TRANSOCEAN INC — None — Sold

COPA HOLDINGS — Int/Div — Buy

COPA HOLDINGS — Int/Div — Sold

BARCLAYS BANK — None — Buy

BARCLAYS BANK — None — Sold

BOEING — None — Buy

BOEING — None — Sold

BRISTOL MYERS — None — Buy

BRISTOL MYERS — None — Sold

NORFOLK SOUTHERN — None — Sold

PFIZER — Int/Div — Buy

PFIZER — Int/Div — Sold

PRO SHARES SHORT MSCI EMERGING MKT — None — Buy

PRO SHARES SHORT MSCI EMERGING : MKT — None — Sold

PRO SHARES ULTRA SHORT FINANCI ALS — None — Buy

PRO SHARES ULTRA SHORT FINANCI ALS — None — Sold

PRO SHARES ULTRA SHORT RUSSELL 2000 — None — Buy

PRO SHARES ULTRA SHORT RUSSELL 2000 — None — Sold

PRO SHARES ULTRA SHORT RUSSELL 2000 — None — Buy

PRO SHARES ULTRA SHORT RUSSELL 2000 — None — Sold

RYDEX INVERSE GOVT LONG BOND — None — Buy

RYDEX INVERSE GOVT LONG BOND — None — Sold

PRO SHARES MSCI EMERGING MKT — None — Buy

PRO SHARES MSCI EMERGING MKT — None — Sold

SCHERING PLOUGH — Int/Div — Buy

SCHERING PLOUGH — Int/Div — Sold

Reimbursement — 11ACE, LTD — 5/22 — PHILADELPHIA, PA — SPEAKER ACE CONFER ENCE — MILEAGE

Reimbursement — WILLIAM & MARY SCH OOL OF LAW — 2/15-2/16 — WILLIAMSBURG, VA — MOOT COURT COMP ETITION — HOTEL

Reimbursement — TUAL PROPERTY LAW ASS OCIATION — ER

Reimbursement — UNIV OF COLORADO — 4/3-4/6 — BOULDER, CO — LECTURE — HOTEL, AIRFARE, ANDMEALS

Reimbursement — JUSTICE AT STAKE — 4/254/26 — WASHINGTON, DC — BOARD MEETING — HOTEL, MILEAGE AND MEALS

Reimbursement — FEDERAL JUDGES ASSOCI ATION — 5/4-5/5 — PENTAGON CITY, VA — BOARD MEETING — MILEAGE, HOTEL, AND MEALS

Reimbursement — FIRST ADMENDMENT C ENTER — 5/12-5/13 — WASHINGTON, DC — SEMINAR — HOTEL, MILEAGE, AND MEALS

Reimbursement — EVERAGE CONTROL AS SOCIATION — ERENCE

Reimbursement — 12AMERICAN HUMANIST SOCIETY — 6/6-6/7 — WASHINGTON, DC — RELIGIOUS LIBERTY AWARDS — HOTEL, MILEAGE, AND MEALS

Reimbursement — 13NOVA C/O WGBH — 6/16 — NEW YORK, NY — PEABODY AWARDS CEREMONY — HOTEL AND MEALS

Reimbursement — 14NOVA C/O WGBH — 8/6 — WASHINGTON. DC — ABA SILVER GAVEL A WARDS — HOTEL AND MEALS

Reimbursement — 1SAMERICAN BAR ASSOC IATION — 8/8-8/10 — NEW YORK, NY — FED TRIAL JUDGE EX EC MTG — HOTEL AND MEALS

Reimbursement — 16CASE WESTERN UNIV — 9/25-9/26 — CLEVELAND, OH — LECTURE — AIRFARE AND MEALS

Reimbursement — 17UNIV OF PENNSYLVANIA — 10/13 — PHILADELPHIA, PA — LECTURE — MILEAGE, HOTEL, AND MEALS

Reimbursement — 18NATIONAL ASSOCIATION OF BIOLOGY TEACHERS — 10/17 — MEMPHIS, TN — LECTURE NABT CONF — AIRFARE, MILEAGE, AND MEALS

Reimbursement — 190HIO STATE UNIVERSITY — 10/20-10/21 — COLUMBUS, OH — LECTURE — AIRFARE, MILEAGE, AND MEALS

Reimbursement — 20FRAMINGHAM STATE C OLLEGE — 11720-11221 — FRAMINGHAM. MA — LECTURE — HOTEL AND MILEAGE

Reimbursement — FEDERAL JUDGES ASSOCI ATION — 12/2-12/3 — WASHINGTON, DC — BOARD MEETING — MILEAGE, HOTEL, AND MEALS

PART VII - INVESTMENTS AND TRUSTS

ITEMS 158 AND 159 FROM THE 2007 REPORT WERE SOLD IN 2007 AND REPORTED AS SOLD IN 2007 BUT ERRONEOUSLY SHOWN AT

VALUE CODE J AT YEAR END.

ITEMS 47 AND 82 FROM THE 2007 REPORT ARE SAME STOCK (VERIZON - SYMBOL VZ) AND ARE COMBINED ON THIS YEAR'S REPORT AS

ITEM 54.

7

ITEM 115 FROM THE 2007 REPORT (GARTMORE MONEY MARKET) IS A NAME CORRECTION FROM GARTMORE TO OPPENHEIMER (ITEM

ITEM 166 - PHOENIX CONTRACTING WAS ADDED TO LIST THIS YEAR. VALUE IS NOW OVER $1,000.