Phyllis A. Kravitch

AT&T — Int/Div

Bank of America — Int/Div

BPPLC — Int/Div — Sold

Coca Cola — Int/Div

Comcast — Int/Div

Con Ed. — Int/Div

Eastman Chem. — Int/Div

Exxon-Mobil — Int/Div

Fairpoint Communications — None

Franklin Income — Int/Div

Frontier Communication — Int/Div — from line 27)

General Electric — Int/Div — Buy (add'l)

Glaxo Smith-Kline — Int/Div

Home Depot — Int/Div

IBM — Int/Div

Idearc — Int/Div — Sold

Intel — Int/Div

John Hancock Inc. Sec — Int/Div

Merck — Int/Div

Nuveen Ins. Municipal Opportunity — Int/Div

Nuveen GA Premium Inc. Municipal — Int/Div

Pfizer — Int/Div

Procter/Gamble — Int/Div — Buy (add'l)

Southern Company — Int/Div — Buy

Sun Trust Bank — Int/Div

3M (MMM) — Int/Div

Verizon — Int/Div

Vodaphone — Int/Div

GA. State Tollway Auth — Interest

Atlanta Water Rev. Sv — Interest

GA State Rd. Twy at Fd. — Interest

Fulton Co. GA. Dev. Auth — Interest

Bank of America (accounts) — Interest

Sun Trust Bank (CD) — Interest

Merrill Lynch Money Market — Interest

U.S. Treasury Notes — Interest

Equitable Insurance Co. (X) "Whole Life" — Interest

Common Stocks are listed on Lines | through 28

Bonds are listed on Lines 29 through 32

Funds in Bank are listed on Lines 33 through 35

Government Securities are listed on Line 36

Insurance is listed on Line 37