William Henry Stafford jr

New York Life Insurance Co. — Int/Div

Prudential Life Insurance Co. (policy) — Int/Div

Brokerage Account #1 — Int/Div

Morgan Stanley Bank Deposit Program (money market) — Interest

Allied Capital Corp. common — Int/Div

Blackrock World Investment Trust (closed end fund) — Int/Div

Cohen & Steers Select Utility Fund (closed end fund) — Int/Div

DWS Dreman Value Inc Edge Fund (closed end fund) — Int/Div

Genetech Inc (common stock) — Int/Div

Nuveen INSD Qual Muni Fund (closed end fund) — Interest

Toyota Motor CP ADR common — Int/Div

Lehman Bros HLDG (preferred stock) — Int/Div

GMAC 8.000% (corporate bond) — Interest

JPMCHASE Capital XVI (fixed-rate capital security) — Interest

Umit Claymore Secs Closed-End Equity & Inc Ser (unit trst) — Int/Div

Goodyear Tire & Rubber common — None — in — to Charity

NVIDIA — None — in — to Charity

Greater Bay Bank Federally Insured Deposit — Interest — Redemption

Brokerage Account #2 — Int/Div

Morgan Stanley Bank Deposit Program (money market) — Interest

S&P 500 Index Fund (ETF) — Int/Div

Banco Bilbao VIZ ARG SA ADS common (formerly "Compass") — Int/Div — Reinvest

Covidien LTD common — Int/Div — off

Diamond Trust Series (ETF) — Int/Div — Reinvest

Duke Energy common — Int/Div

DWS Dreman Value Inc Edge Fund (closed end fund) — Int/Div

Goodyear Tire & Rubber common — None — Out — xfer to charity

Johnson & Johnson common — Int/Div

Lyondell Chemical common — None — Redemption

NVIDIA Corp common — None — Out — xfer to charity

Spectra Energy common — Int/Div — off

Tanger Factory common — Int/Div — Reinvest

TYCO Eleckonics common — Int/Div — off

TYCO Intl common — Int/Div

Wal Mart common — Int/Div

Wells Fargo & Co. common — Int/Div — Reinvest

IRA's - (Aggregate Ownership) — Int/Div

Morgan Stanley Liquid Asset Fund (money market)

Templeton Developing Markets A (mutual fund) — Sell

PIMCO High Yield A (mutual fund) — Sell

PIMCO Total Retum A (mutual fund) — Buy

Allianz NFJ Small Cap Value A (mutual fund) — Buy

ING Intl Value A (mutal fund) — Buy

T Rowe Price Eq Inc (mutual fund) — Sell

Blackrock Intermediate Bond (mutual fund)

Blackrock Low Duration (mutual fund) — Sell

AXA Enterprise Growth Fund (mutual fund) — Sell

Wells Fargo Opportunity INV Fd (mutual fund) — Buy

Wells Fargo Opportunity INV Fd (mutual fund) — Sell

Phoenix Multi-Sector Short Term Bond Fund (mutual fund) — Buy

Phoenix Multi-Sector Short Term Bond Fund (mutual fund) — Buy

Legg Mason Partners Global Hi Y1d Bond A (mutual fund) — Buy

Allianz CCM Mid-Cap A (mutual fund) — Buy

Allianz CCM Mid-Cap A (mutual fund) — Sell

Columbia Marsico Growth A (mutual fund) . — Buy

Columbia Marsico Growth A (mutual fund) . — Sell

Reimbursement — AEI-Brookings — Washington, DC

Many of the entries from previous reports were, and continue to be, held in IRA's and are reported under the Aggregate of Ownership Arrangement.

Line #17, #18, #19 & #20 from the 2006 Report: All investments were redeemed in 2006 and are no longer reported.

Line # 23 - Compass Bancshares was bought by Banco Bilbao VIZ ARG SA ADS. The name change is reflected in this year's report. A small dividend

reinvestment was made on 1/02 while the stock was still Compass Bancshare.

Line # 24 - Covidien common stock: This was a spin off from TYCO International.

Line # 17 - Gooyear Tire and Rubber common stock: This was a partial transfer in from Brokerage Account #2 for further transfer to a charity. Also see Line # 29

from this year's report.

Line # 18 - NVIDIA common stock: This was a partial transfer in from Brokerage Account #2 for further transfer to a charity. Also see Line #32 from this year's

report.

Line # 31 - Lyondell Chemical comon was exchanged for cash due to its merger with a private equity firm.

Line # 33 - Spectra Energy: This was a spin off from Duke Energy (Line # 26) on 1/02.

Line # 35 - TYCO Electronics: This was a spin off from TYCO International (Line # 36).