Beth P. Gesner

Wells Fargo (formerly Wachovia) Tax Free Money Fund — Interest

M&T Bank Common — Int/Div

Brookfield Common — Int/Div

ISLE Common — None

Berkshire Hathaway Common — None

Altria Common — Int/Div

Fidility Muni Money Fund — Interest

TBT(E1v) — None

Telefonica Common — Int/Div

DOJ Credit Union — Interest

Zweig Fund Common — Int/Div

JSDSLU Common — None — Sold

Leucadia Nat. Common — Int/Div

Fidility Cash Reserves — Interest

International Gaming Tech. Common — Int/Div

ASCA Common — Int/Div

Markel Common — None

Fidility Cap. App. Fund — Distribution

Fidility Aggressive Growth Fund — Int/Div

Fidility Latin Am. Fund — Int/Div

Eagle Bank Common — None

Markel Common — None

Fidility Cash Reserves — Interest

Oppen. Quest for Value Fund — Int/Div

Putnam New Opp. Fund — Int/Div

Alpine Div. Fund — None — Sold

AT&T Common — Int/Div

Occ. Pet. Common — Int/Div

IBM Common — Int/Div

Alcatel — None

Comcast Common — Int/Div

AIM Eur. Common — Int/Div

Fidility Div. Int. Fund — Int/Div

Fidility Latin Am. Fund — Int/Div

Fidility Muni. Fund — Interest

Eagle Bank Common — None

LS! Common — None

US Govt. FICO Strips — Interest

M&TBank CD — Interest — Closed

PNC Bank — Interest

Dollar Bank — Interest

Agere Systems Common — None

Davis New York Fund — None — Sold

Growth Fund America — None — Sold

Invest. Co. of America — Int/Div

Sentinel Small Co — Int/Div

New Perspectives Fund — Int/Div

Capital World Growth & Income Fund — Int/Div

Capital Income Builder Fund — Int/Div

Fundamental Investors Fund — Int/Div

Columbia Dividend Fund — Int/Div — Buy

AMCAP Fund — Int/Div — Buy

Altria Common — Int/Div

Manning & Napier Managed Account — Int/Div

Columbia Marsico — None — Sold

T. Rowe Large Cap Fund — Int/Div — Buy

CRM Small Cap. Value — None

Oakmark Select — None

Am. Funds Eur — None — Sold (part)

Wells Emerging Growth — None — Buy

Morgan Stanley — None

Vanguard Mid Cap — None

Northern(formerly SSgA) Emerging Markets Fund — None

Vanguard Global Fund — None — Sold (part)

Natixis AEW Real Estate Fund — None — Buy

Wells Fargo Money Market — Interest

Broadstone Investors I, L.P — Distribution

NM Ed. Plan Age. Port — None

NM Div, Large Cap Gro — None

NM Div. Multi Cap Gro. — None

NM Intl. Eqty. Fund — None

CD Arundel Savings — Interest — Open

Severn Savings Money Market — Interest

Arundel Federal Savings — Interest

PNC Money Market — Interest

USA Mobility Common — Distribution

Curtiss Wright Common — Int/Div

GE Capital Bank — Interest — Open

Am. Express Bank — Interest — Open

Sandndge Common — None — Buy

Sandndge Common — None — Sold

Boeing Common — None — Buy

Boeing Common — None — Sold

Liability — PNC Bank — Promissory Note - Law Firm capital

Part VII, Line 26, sold 10/13/11, but inadvertantly omitted from 2011 report.

Part VII, Line 64, Investment acquired in 2004 for $100,000,

Part VII, Line 75, CD opened 10/21/11, but madvertantly omitted from 2011 report.

Part VIL, Line 76, CD opended 11/3/11, but madvertantly omitted from 201 report.