Donald Ellsworth Walter

See attached descnption — Farm Rent

Jefferson Davis Bank & Trust Account — Interest

Jefferson Davis Bank Common Stock — Int/Div

Pierremont Oaks Tennis Club — None

Left intentionally blank

Left intentionally blank

Bel! South Common Stock — Int/Div

SBC Communication — Int/Div

AT&T Wireless Services, Inc — None

Jefferson Davis Bank & Trust Cormmon Stock — Int/Div

Sun Oil Company Common Stock — Int/Div

Left intentionally blank

Memill Lynch CMA Money Funds — Int/Div — throughou — Deposit

Coastal Club Common Stock — None

Memill Lynch Global Smallcap Fund CL — Int/Div

Left intentionally blank

Note: Valuation Code V-asset value on 36mth gross prod

Exxon Mobil Common Stock — Int/Div

Left intentionally blank

American Online Comm Stk-changed name to Time Wamer Inc 10/16/2003 — None

Intel Corp Common Stock — Int/Div

Oracle Corp Common Stock — None

Kerr McGee Common Stock — Int/Div

Bancorp South Account — Interest

Schering Plough Corp Common Stock — Int/Div

Verizon ComurumiCo Common Stock — Int/Div

Left intentionally blank

Pfizer Common Stock — Int/Div

Left intentinoally blank

Merrill Lynch Banking — Interest

Left intentinally blank

Left intentionally blank

Left intentionally blank

Left intentionally blank

Boeing Air Common Stock — Int/Div

GE Common Stock — Int/Div

Left intentionally blank

Dreyfus General Money Market Fund — Int/Div — throughou

Jeff Davis Bank & Trust Bank Accounts — Interest

US Gov Bonds — Interest — Sale

Agreement — reds BRR wel SE SAE Nfl I eH ————— i ————————————————————————————————————;

Liability — Bancorp South — Unsecured Line Of Credit - Paid Off During 2003

Itern 11 - Was listed in previous years reports as AT&T Common Stock incorrectly. It is AT&T Wireless Services, Inc.