Richard J. Cardamone

Deutsche Bank — Int/Div

IBM — Int/Div

IBM — Int/Div

Baxter International — Int/Div

Exxon Mobil Corp. — Int/Div

HSBC Bank (CD) — Interest

AT&T (common) — Int/Div

Bell South — Int/Div

Amgen — None

Berkshire Hathaway Inc — Int/Div

Schlumberger Ltd — Int/Div

Intel Corp. - — Int/Div

Royal Dutch Petroleum — Int/Div

Ingersoll-Rand Co — Int/Div

National Fuel Gas Co. NJ — Int/Div

SBC Communications Inc — Int/Div

Wachovia Corp. — Int/Div

American International Group — Int/Div

Galaxy Fund — None

Flextronics Int'l Ltd. — Int/Div

Thermo Fisher Scientific, Inc — None

FPL Group Inc. (common) — Int/Div

Danske Bank ADR — Int/Div

Chevron Corp. — Int/Div

Air Products & Chemicals Inc — Int/Div

Transocean Inc — Int/Div

Walgreen Co — Int/Div

General Electric Co — Int/Div — Buy

FedEx Corp. — None — Buy

Bank of East Asia Ltd. — None — Buy

4, oy = @ = hotel EE TE rm om

Agreement — Pension Benefit from State of New York -- Paid upon retirement from New York State System

Liability — Prudential Life Ins. Co — Insurance Loan

Income — New York State Employee's Retirement System -- Pension (per W-2 from State of New York for year 2007) — $23.563.68

Part VII, line 7 -- AT&T was incorrectly listed on the 2006 report as a complete sale. It should have been listed as a partial sale.

Part VII, line 21 -- Name corrected from Fisher Scientific to Thermo Fisher Scientific, Inc.

Part VII, line 26 -- This investment was inadvertently omitted from previous report.

Part VII, line 27 -- This investment was inadvertently omitted from previous report.