John F. Walter

Fredricks Fund I — Distribution

Fredricks Fund II — Distribution

Fredricks Fund IV — Distribution

Shares of AT & T, Inc. New — Int/Div — with g3C ii

Shares of Bell South — Int/Div

Shares of Lucent Technologies, Inc. — Int/Div

Shares of Qwest Communications, Intl. — Int/Div

Shares of SBC Communications, Inc. — Int/Div — mto ATE}, Tn — N/A

Shares of VodaFone — Int/Div

Charles Schwab Money Market — Interest

Vanguard Money Market — Interest

Vanguard GNMA Fund — Interest

Vanguard Cal Insured Fund — Interest

Vanguard 500 Index Fund — Int/Div

Vanguard Intl. Growth Fund — Int/Div

Vanguard Total Stock Market Fund — Int/Div

Vanguard High Yield Corp. Fund — Int/Div — Buy

Janus Olympic Fund — Int/Div

Schwab 1000 Fund — Int/Div

IRA - Charles Schwab - Nasdaq 100 Trust — Int/Div

IRA Charles Schwab - Schwab 1000 Fund — Int/Div

IRA - Charles Schwab - Schwab Money Market Fund — Interest

IRA - Charles Schwab - NASDAQ 100 — Interest

IRA - Charles Schwab - Schwab Money Market Fund — Interest

Vanguard Rollover [RA - Prime Money Market Fund — Interest

Vanguard Rollover [RA - High Yield Corp. Fund — Int/Div — Buy

Vanguard Rollover RA - GNMA — Int/Div — Buy

Northem Trust Bank — Interest

Wells Fargo Bank — Interest

Baron Small Cap — Int/Div

Villa Camarillo, Ltd. — Distribution

Villa Camarillo 168 Ltd. — Distribution

AGERE Systems — Int/Div

Comcast Corp — Int/Div

Bond — Interest

I Bond — Interest — Buy

Fidelity Advisors Equity Income — Int/Div — Sell

Franklin Flex Cap Growth — Int/Div

GMO Growth Fund - Class M — Int/Div — Sell

Rydex OTC - Inv — Int/Div

Vanguard Total Stock Market Admiral Shares — Int/Div

Muhlenkamp Fund — Int/Div

Fidelity Advisors Overseas — Int/Div — Sell

Tweedy Brown Global Value — Int/Div — Sell

Black Rock Municipal Fund Cash Reserve Shares — Interest

Legg Mason Value Fund I — Int/Div — Buy

Julius Baer Intl 2A — Int/Div — Buy

Templeton Foreign A — Int/Div — Buy

TSP G Fund — Int/Div — Buy

TSP C Fund — Int/Div — Buy

TSP S Fund — Int/Div — Buy

Thrift Savings Plan - this report includes my interest in the Government's Thrift Savings Plan ("TSP") which was inadvertently left off prior reports. The TSP

funds that I am invested in as of 7/4/05 are the following:

G Fund, C Fund, S Fund, and I Fund