William Odis Bertelsman

Victory Gradison Government Reserve — Int/Div

Dreyfus Municipal Bond Fund — Interest

Dreyfus Intermediate Municipal Bond Fund — Interest

Goldline (formerly Dreyfus Gold Fund) — None

Legg Mason Europe Fund (stock) — Int/Div

U.S. Bank, Fort Thomas, KY — Interest

Dreyfus Short Intermedidate Municipal Bond Fund — Interest

Dupree, Kentucky- Short/Med. Fund — Interest

Dupree, Kentucky - Tax Free Fund — Interest

ml) Undeveloped Lots in Charlotte Co Flonda — None — Value-Assessed @$25,000

Fifth Third Bank (Account) — Interest

Fifth Third Bank, Fort Thomas, KY (Common Shares) — Int/Div

Victory Established Value Fund G — Int/Div

Dreyfus Growth & Income Fund — Int/Div

Bank of Kentucky (Account) — Interest

Lincoln County, KY (Public Property) 4533199AMT — Interest — Sold

Procter & Gamble - Common stock — Int/Div

Citizens Bank of Campbell Co., Kentucky (Accounts) — Interest

Victory Small Company Fund — Int/Div

NCR Corp. (common stock) — None

Pomeroy IT Solutions Res. (Common stock) — None — Pomeroy Computer

BankAmerica Corp. (common stock) — Int/Div

Bank of Kentucky (Account) — Interest

United States Savings Bonds (I) — Interest

Conagra Foods, Inc — Int/Div

First Data Corp. — Int/Div — Sold

Sherwin Williams — Int/Div

Tyco International Ltd. — Int/Div

DWS Dreman High Retum Fund — Int/Div

Russell County, KY Hospital — Interest

American Express Co. — Int/Div

Kroger Co — Int/Div

Harlan County, KY Health Carc Facs Laurel Project — Interest

Eastern KY Univ. Revs. Sys (Due 2/1/09) — Interest

Victory Stock Index Fund (Account) — Int/Div

Barbourville, KY EDK Bldg Rev (Union College) — Interest

Kentucky State Property & Bldg — Interest — Sold

J.M. Smucker Co — Int/Div

Comcast Corp. Class A — Int/Div

529 Trust #1 — Interest

529 Trust #2 — Interest

529 Trust #3 — Interest

529 Trust #4 — Interest

529 Trust #5 — Interest

529 Trust #6 — Interest

Allstate Corp. — Int/Div

BPPLC — Int/Div

Burlington Resources, Inc — Int/Div — Sold — Sale in 2006

Chevron-Texaco Corp. — Int/Div

Duke Energy — Int/Div

Clorox Co. — Int/Div

Conoco Phillips — Int/Div

Ezxon Mobil Corp — Int/Div

General Mills, Inc — Int/Div

Pepsico, Inc — Int/Div — Sale

Procter & Gamble Co — Int/Div

Southem Co. — Int/Div

Sunoco, Inc — Int/Div

Wachovia Corp. — Int/Div

Whirlpool Corp — Int/Div

Wisconsin Energy Corp. — Int/Div

Yum Brands, Inc — Int/Div

U.S. Savings Bonds (H) — Interest

529 Trust #7 — Interest

529 Trust #8 — Interest

529 Trust #9 — Interest

Elizabethtown, KY Public Properties Bond — Interest — Redeem

University of Louisville, KY Educational Bldg. Bond — Interest — Redeem

Kentucky State Tumpike Authority Bond — Interest

Kentucky State Property & Bldgs Communication Reverme Bond — Interest

Northern Kentucky Water District Bond — Interest

Clay County, KY Justice Center Bond — Interest

Owensboro, KY Public Project Bond — Interest

E-Trade Account — Interest

Ky. State Tumpike Bond 3.6% — Interest

Ky. State Tumpike Bond 3.75% — Interest

Automatic Data Processing, Inc — Int/Div

Johnson & Johnson — Int/Div

T-Rowe Price Equity Index 500 — Interest

Templeton Foreign Fund Cl A — Interest

Growth Fund of America — Interest

Ky. State Property & Bldg. Commn. Bond — Interest

Jessamine Co., KY School 2/1/11 3.125% — Interest

Fleming Co., KY School 2.5% — Interest

Bowling Green, KY Independent (due 5/1/13) — Interest — Buy

Broadndge Financial Solutions — Int/Div — Off

Covidien Ltd. — Int/Div — Off

Western Union Co. — Int/Div — Off — from 2006

Patriot Coal Co — Int/Div — Buy — from 2006

Teradata Corp. — Int/Div — Off

Djunct Teacher (part-time)(one class Xnon-compensated), Salmon P. Chase College of Law, Northern Kentucky University, Highland Heights, KY

Spouse's income — 2007 — ~ouncil on Postsecondary Education