William H. Pauley 3

COMMON STOCK

EXXON/MOBIL — Int/Div

AXA AMERICAN DEPOSITORY SHARES — Int/Div

PRUDENTIAL FIN'L SRVS — Int/Div

IBM — Int/Div

MUTUAL FUNDS

ALGER FD BAL PORTFOLIO — Int/Div

ALLIANCE PREMIER GRWTHCL B — Int/Div — Exch

ALLIANCE DISCIPLINE VALUE CLB — Int/Div — Exch

DAVIS NY VENTURE FUNDCLB — Int/Div

FEDERATED WORLD INVT SRVS GLOBAL FIN'L SRVS CL B — Int/Div

GOLDMAN SACHS TRUST MID CAP EQUITY FUND CLB — Int/Div

J. HANCOCK LGCAPCLB — Int/Div — Exch

J. HANCOCK SM CAPCLB — Int/Div — Exch

J. HANCOCK US GLOBAL LEADERS GROWTH CLB — Int/Div — Exch

J. HANCOCK US GLOBAL LEADERS GROWTH CLA — Int/Div — Exch

AIMVALUEFDCLB — Distribution — Exch

AIM SM CAP EQUITY FUNDCLB — Distribution — Exch

PRUHLTHSCIFDCLA — Distribution — Exch

JENNISON NATURAL RESOURCES FUND CL A — Distribution — Exch

PRU ACTIVE BALANCED FD CL B — Int/Div — Exch

PRUFINSRVSFDCLB — Int/Div — Conversion

JENNISON FIN SERVS FDCLB — Int/Div — Conversion

JENNISON FIN SERVS FD CLA — Int/Div — Conversion

PRU JENN EQTY OPPCL A — Int/Div — Conversion

JENNISON EQTYOPPCL A — Int/Div — Conversion

PRUJENNGRWTHFDCLB — Int/Div — Exch

DRYDEN SHORT TERM CORP BOND FD CL B — Int/Div — Exch

DRYDEN INTLEQTY FDCLB — Int/Div — Exch

PRU GOVT INCOMEFDCLB — Int/Div — Exch

DRYDEN SM CAP CORE EQTY FDCLB — Int/Div — Exch

PRUHLTHSCIFDCLB — Int/Div — Exch

JENNISON UTILITY FDCLB — Int/Div — Exch

PRU2020FDCLB — Int/Div — Exch

DRYDEN STOCKINDEX FDCLB — Int/Div — Exch

PRU SHORT TERM CORP BONDFDCLB — Int/Div — Exch

PRU TAX MANAGED SMALL CAPFD CLB — Int/Div — Exch

PRUFIN SRVSFDCLB — Int/Div — Exch

PRU US EMERGGRWTHCLB — Int/Div — Exch

JENNISON SMALL CO FUNDCLB — Int/Div — Exch

PRU US EMERG GRWTH CL A — Int/Div — Exch

PRU VALUEFDCLB — Int/Div — Exch

STRATEGIC PARTNERS FOCUSED VALUE FUNDCLB — Int/Div — Exch

PRU VALUEFDCLA — Int/Div — Exch

PRU TAX MNGD EQUITY FUND CL B — Int/Div — Exch

PUTNAM VOYAGERCLB — Int/Div — Exch

PUTNAM HEALTH SCITRUSTCL B — Int/Div — Exch

PUTNAM SM CAPCLB — Int/Div

PUTNAM CAPITALOPPFDCLB — Int/Div — Exch

SELIG COMM & INFOFDCLB — Int/Div — Exch

SELIG LASALLE DIVIDEND REAL ESTATE FUNDCLB — Int/Div — Exch

SELIG VALUE FUND SERV INC - LRG CAP VALUEFDCLB — Int/Div — Exch

SELIG INCOME FUND CL B — Int/Div — Exch

SELIG SM CAP VALUEFD CLB — Int/Div

SELIGCOM STCKFD CLB — Int/Div — Exch

SELIG CAPITALFDCLB — Int/Div — Exch

SELIG FRONTIER FUND CL B — Int/Div — Exch

ANNUITIES

DISCOVERY PLUS — Interest

CASH AND CASH EQUIVALENTS

JP MORGAN CHASE — Interest

U.S. TREASURY BILLS — Interest

U.S. SAVINGS BONDS — Interest — Buy

AXA FIN'L LIFE INS (Cash Surrender Value) — Int/Div

AXA FIN'L LIFE INS (Cash Surrender Value) — Int/Div

PRU MONEY MARKET ACCOUNT — Interest

PRU TAX FREE MONEY MARKET ACCOUNT — Interest

NEW YORK STATE COLLEGE TUITION SAVINGS FUND PROGRAM — Interest — Buy

RETIREMENT ACCOUNTS

401K PLAN - ING — Int/Div

IRA SCUDDER — Interest

ALGER CAPITAL APPRECIATIONFDCLB — Interest

PRU JENNISON GROWTH A — Interest — Conversion

JENNISON GROWTHCLA — Interest — Conversion

PRU JENNISON GROWTH B — Interest — Conversion

JENNISON GROWTHCLB — Interest — Conversion

PRU TECH FUND B — Interest — Conversion

JENNISON TECH FUND CL B — Interest — Conversion

DAVIS NY VENTURE FUND CL A — Int/Div

GOLDMAN SACHS TRUST FUND CAP GRWTH PORTFOLIO CL A — Int/Div

PRUHLTHSCIFDCLA — Distribution — Conversion

JENNISON HLTH SCIFD CL A — Distribution — Convesrion

PRUHLTHSCIFDCLB — Distribution — Conversion

JENNISON HLTH SCIFDCLB — Distribution — Conversion

STRATEGIC PARTNERS FOCUSED GROWTH FUNDCLB — Distribution

STRATEGIC PARTNERS NEW ERA GRWTH FDCLB — Distribution

SELIGCOMM & INFOFD CL A — Distribution

Agreement — 1998 — Continuation of payments agreement with former law partner, Franklyn H. Snitow, and his law firm, Snitow Kan fer Holtzer & Millus, LLP. . A Pe) TIE

Reimbursement — Former law clerks — Golf clubs on occasion of Sth Anniversary on bench

Reimbursement — Duke University School of Law — Judicial clerkship panel and conference. (travel, food and lodging)

Income — 2003 — Snitow & Pauley, a former law partnership winding-down its affairs (continuation of payments agreement described in Part II, line 1) — $79,514

Spouse's income — 2003 — Self-Employed Licensed Real Estate Sales Person

(Indicate part of Report.)

None.