Joseph Fletcher Anderson jr

MFS Municipal Income Trust — Int/Div

Mutual Fund - Morgan Stanley — Int/Div

Mutual Fund - Morgan Stanley — Int/Div

Mutual Fund - Vanguard — Int/Div — Sold

Checking Account — Interest

US Savings Bonds (Series I) — Interest

Mutual Fund - Vanguard Long Term Treasu ry Fund — Int/Div

Mutual Fund - Vanguard Precious Metals & Mining — Int/Div

Stock - Gilead Sciences, Inc — Int/Div

Cash Reserves - Bank of America — Interest

Mutual Fund - Vanguard Wellington Fund — Int/Div

Stock - Johnson & Johnson — Int/Div

Certificate of Deposit - Branch Bank & Tr ust — Interest — Matured

Certificate of Deposit - Branch Bank & Tru st — Interest

Certificate of Deposit - Branch Bank & Tru ; st — Interest

Installment Sale Payment (see explanation onp. 6) — None — Expired

Mutual Fund - Vanguard Global Equity Fu nd — Int/Div — Buy

Reimbursement — South Carolina Bar — 01/25/08-01/26/08 — Charleston, SC — SC Bar Convention — Lodging

Reimbursement — Villanova Law School — 2/1/2008-2/3/2008 — Philadelphia, PA — Law Review Symposium — Travel, Lodging, Meals

Reimbursement — Clemson University — 3/5/2008 — Clemson, SC — Speech to Pre-Law Society — Travel, Meal

Reimbursement — Charleston School of Law — 4/10/2008-4/11/2008 — Charleston, SC — Law Review Symposium — Travel, Lodging

Reimbursement — South Carolina Trial Lawyers Association — 12/4/2008-12/5/2008 — Atlanta, GA — Speech Trial Lawyers CLE — Lodging, Travel

Income — 2008 — University of South Carolina School of Law — $24.000.00

Income — 2008 — South Carolina Bar - Net Book Royalty (The Lost Art: An Advocate's G uide to Effective Closing Argument — $462.00

1. Described in Prospectus as a "closed-end, non-diversified investment company that seeks to provide current income exempt from federal income taxes.” The

Trustee is Massachusetts Financial Company.

2. Pacific Growth Fund; Jersey City, NJ

3. Dividend Growth Securities; Jersey City, NJ

4. Vanguard Indext Trust Fund; Philadelphia, PA

5S. Branch Bank & Trust Company; Columbia, SC

6. Branch Bank & Trust Company; Columbia, SC

7. Vanguard Long Term Treasury Fund, Philadelphia, PA

8. Vanguard Precious Metals & Mining Fund, Philadelphia, PA

9

10. Bank of America, Columbia, SC

11. Vanguard Wellington Fund, Philadelphia, PA

12.

13. Branch Bank & Trust, Columbia, SC

14. Branch Bank & Trust, Columbia, SC

15. Branch Bank & Trust, Columbia, SC

16. Explanation of Item 16: Prior to her death,

sold an office building to a businessman, financing the purchase with him. She received monthly

payments of $551.64, some of which was principal and some of which was interest. The payments run through May 2009. SII died and while her estatate

was being administered, these payments were made to her estate. In 2007, her estate was closed out and

1 began receiving the payments,

dividing them equally. In 2008,

1 decided to let one of the

keep all of the installment payments in recognition of the care he rendered

to YBN during the last few years of her life. Therefore, I received no principal or interest payments in 2008. Last year's financial disclosure (2007) indicated

these payments were to continue through May 2009 and so I concluded that this entry should be made to explain why the installment sale payments expired and no

income is reported in 2008.

17. Vanguard Global Equity Fund, Philadelphia, PA

18. Vanguard Energy Fund, Philadelphia, PA

19. Bank Meredian - Columbia, SC