Lynn Nettleton Hughes

MI-36 — Royalty — Hills

Land ****%¥* — 55555

Tract One, grazing, Colorado County, Texas — Rent — Devise — 185.500

Tract Two, rice, Colorado & Wharton Cou nties, Texas — Rent — Devise — 332,112

Tract Three, store, Colorado County, Texas — in 2005

Tract Three, Mortgage — in 2006

JRA One ***%%%% — 555552 — 555552 — E5552

Alliance Bemstein Tech

Jennison 20/20 Focus

Van Kampen Emerging Markets

FundSource — Distribution

RA Two ****%%:2 — 555552 — 3

Strategic Partners Opr

FundSource — Dastribution

Equities One ***** — ti

Sun Micro — None

Prospenty Bancshares — Int/Div

Chevron — Int/Div

Wells Fargo & Co — Int/Div

Equities Two ******* — 233 — 25%5%%

Wells Fargo & Co — Int/Div

Estate Four **+%%# — [3133133] — 332 233 33 — EES

UBS Cashfund — Interest — One

Putnam Global Equity — Distribution

Templeton Growth — Distribution

Mutual Funds Onc *****++ — EE — EEES — REESE

AIM International Growth — Distribution

AIM International Fund- Asia — Distribution

Belmar Capital Fund LLC — Dastnbution

Jennison Equity Opportunity — Distribution — Buy

AIM Basic Value — Distribution

Jennison Mid Cap Growth — Distribution

Pioneer — Distribution

Legg Mason Aggressive Growth — Distribution — Sold

AIM Developing Markets — Distribution

Minerals **%%%%*%* — 25555555555 — EER RES EEREES

MI-03 — Shut — Mincrals- Whit

MI-10 — Royalty — Gather SJ Basin

MI-16 — Royalty — Door

MI-19 — Royalty — McLane

MI-21 — Royalty — Onl

MI-22 — Royalty — Energy

MI-31 — Shut — Oil Shier

MI-33 — Undrilled — Land Co.

MI-35 — Royalty — Everest-Thoro-Brown

MI-37 — Royalty — ConocoPhillips

Money Market Funds *** — 5555555 — 555555 — E23 3

Wells Fargo Advisors [ex-Wachovia] — Interest — One merger

Bank Accounts ***%%** — 255555 — 222222 2 3 — E5555

JPMorgan-Chase — Interest

Compass Bank - T — Interest — Account

Compass Bank - G — Interest

Wells Fargo-2 — Interest

Mutual Funds Two *#%%** — 33333333 — 33

Delaware US Growth — None

Delaware International Equity — Dastnbution

Delaware Trend — Distribution — Buy (add'l)

Van Kampen Emerging Markets — None

Delaware Small Cap Value — Distribution

Jennison Equity Opportunity — Distribution — Buy (add'l)

Delaware Diverse Value — Distribution

Delaware Golbal Value — Dastnbution — Buy

Dryden Global Real Estate — Dastnbution — Buy

Goverment Bonds #***#+++ — s25%%%% — 23333331 — 3 33

Houston Utility — Interest — Buy

Lower Colorado River — Interest — Buy

Hams County Health — Interest — Buy

Roma ISD — Interest — Buy

Anzona Student Housing — Interest

Bell County, Texas — Redemption

Cinco, Texas Mun Util Dist — Interest — Redeemed

Illinois Health - 2 — Redemption

Idaho Housing — Redemption

Waller, Texas, ISD — Interest — Redeemed

Maine 2000 — Interest — Redeemed

Carrolton, Texas — Interest

New Braunfels - 2 — Interest

Addenda ******* — S5555%S — EEE EEE EEE 3

MI-38 — Royalty — Operating

MI-39 — Royalty — Land

Reimbursement — Geo. Mason Univ. Law & E conomics Center — 07/1-12 — Sedona, Anzona — Symposium — travel, room, board

Reimbursement — Amencan Assoc of Petroleum Geologists — 10/23-10/25 — Cape Town, RSA — lLectore — Note Four

Reimbursement — AAPG — 9/10-9/11 — Midland, Texas — Lecture

Reimbursement — AAPG — 11/09-11/10 — Fort Worth, Texas — Lecture

Note One: Cash balances in brokerage and bank accounts are swept into money-markets funds or minuicipal money-market funds

Note Two: Capital gains in mutual funds are automatically reinvested.

Note Four: The American Association of Petroleum Geologists has appointed me its distinguished lecture for ethics.

No fee or honorium. It reimburses me for room, board, and travel.

The lectures are funded from its foundation. The AAPG has 30,000 members around the world.