Saundra Brown Armstrong

Jacksonville, North Carolina, Rental Prope ty (X) — Rent

Marine Federal Credit Union Savings Acc ount (X) — None

First Carolina State Bank Certificate of D eposit (X) — None

LIL] Retirement Account (X) — None

Liability — First Carolina State Bank — Mortgage secured by real property

Liability — Springstone Health Plan — Revolving charge account

PartV. Gifts

Last year | listed the value of a Presidential Merit Scholarship from

n the amount of $10K. I have listed "none" this year because I do

not recall receiving any moneys from the school and 1 did not recei

from

ool inforning me that they made any expenditure on my behalf last

year in connection with the scholarship. I requested and was granted a leave of absence from the school last year. I am assuming that no scholarship moneys had

been expended on my behalf prior to my departure. If there were any, my guess is that the amount would be no more than around $5,000.

Part VII

I identify in line 2 U.S. Bank National Association IRA account which I redeemed in full last year. Two points of clarification. First, U.S. Bank acquired Pacific

National Bank, which was listed in my last disclosure statement as the holder of the IRA account. It is the same IRA account referred to last year. Second, ! do not

remember the exact date of the redemption. I know that it was in January of 2010, but am uncertain of the date. My best recollection is that it was on or around

the 10th of the month.