Michael R. Merz

New Perspective Fund shares — None — Sold (part)

New Perspective Fund shares — Sold

Growth Fund of America shares — None — Sold (part)

Growth Fund of America shares — Sold

Washington Mutual Investors Fund shares — None — Sold (part)

Washington Mutual Investors Fund shares — Sold

Fidelity Advisors Tech Fund shares — None — Sold

Fidelity Adv. Tech Fund Class T — None — Sold

Bank of America CD — None — Redeemed

Stifel Nicolaus Money Fund — None — Sold (part)

Ally Bank CD — Interest — Redeemed

Fifth Third Bank — Interest

St. Helen Federal Credit Union — Interest — Closed

John Hancock Life Insurance cash value policy — Int./y

MetLife life insurance cash value policy — Ine

IRA #1 (Stifel, Nicolaus) — Int/Div — trom TSP

AT&T common shares — Int/Div — Sold (part)

AT&T common shares — Buy (add'l)

Abbott Laboratories common shares — Int/Div — Buy (add'l)

Abbott Laboratories common shares — Buy (add'l)

Abbott Laboratories common shares — Sold (part)

Alcoa common shares — Int/Div

Amgen common — Int/Div — Sold (part)

Apple common — Int/Div

Apple common — Buy (add'l)

Applied Materials common — Sold

Avery Demson common — Sold

Bank of NY Mellon common — Buy (add'l)

Bank of NY Mellon common — Sold

Broadcom Class A common — Sold (part)

Broadcom Class A common — Sold

Campbell Soup common — Sold

Century Link common — Sold (part)

Cisco Systems common — Int/Div — Sold (part)

Computer Sciences Corp. common — Sold

Computer Sciences Corp. common — Sold (part)

Computer Sciences Corp. common — Sold (part)

Direct TV Class A common — Int/Div — Buy (add'l)

Direct TV Class A common — Sold (part)

Direct TV Class A common — Buy (add'l)

Donnelly RR & Sons Co. common — Int/Div — Buy

Du Pont E.1. De Nemours & Co. common — Int/Div — Buy

Dow Chemical Common — Sold

Exelon Corp. common — Int/Div — Buy (add'l)

Exelon Corp. common — Sold (part)

Exelon Corp. common — Buy (add'l)

Exelon Corp. common — Buy (add'l)

Express Scripts Holding Co. common — Int/Div — Buy

Exxon Mobil common — Int/Div — Sold (part)

Exxon Mobil common — Sold (part)

Federated Ins PA Class B common — Sold (part)

Federated Ins PA Class B common — Sold

Frontier Communications common — Sold

Gilead Sciences common — Sold

Goodyear Tire & Rubber common — Int/Div — Sold (part)

Health Care REIT Inc common — Int/Div — Buy

Hospira common — Sold

JP Morgan Chase common — Sold

Johnson & Johnson common — Int/Div — Sold (part)

Kellogg common — Int/Div

Leggett & Platt common — Sold

MEMC Electronic Materials common — Sold

Microsoft common — Int/Div — Buy (add'l)

Microsoft common — Sold (part)

Newmont Mmmg Corp Holdimg Co common — Int/Div — Buy

PPL Corp. common — Int/Div — Sold (part)

People United Financial common — Int/Div

Pitney Bowed common — Sold

Potash Corp. of Saskatchewan common — Sold

Quest Diagnostics common — Int/Div — Sold (part)

Royal Dutch Shell PLC sponsored ADR Repstg A common — Int/Div

Schlumberger common — Sold

Staples common — Int/Div — Sold (part)

Stewart Enterprises Inc. Class A common — Int/Div — Buy

Supervalu common — Sold

Supervalu common — Buy

Washmgton REIT SBI — Int/Div

Watson Pharm Inc. common — Buy

Xerox common — Int/Div

Logitech Intl SA Namen AKT — Sold

Ishares Trust S&P US PFD Stock Index Fund — Int/Div — Sold (part)

Market Vectors E1¥ TR - Rare Earth Strategic Metals ETF — Sold

Market Vectors E1¥ TR - Rare Earth Strategic Metals ETF — Buy (add'l)

Bancorpsouth Capital Trust Trups Pid 8.15% — Redeemed

J P Morgan Chase Cap XI preferred — Int/Div — Sold (part)

J P Morgan Chase Cap XI preferred — Sold (part)

Wachovia Capital Trust IX GTD Trust Pid Secs 6.375% — Redeemed

Invesco Van Kampen Trut Investment Grade Municipals — Int/Div — Sold (part)

Invesco Senor Income Trust — Int/Div

Nuveen Dividend Advantage Municipal Fund — Int/Div — Sold (part)

Nuveen Dividend Advantage Municipal Fund 11 — Int/Div — Sold (part)

Nuveen Municipal Value Fund — Int/Div — Sold (part)

PVR Partners Unit Reptg Ptoshi Int LTD — Int/Div — Buy

PVR Partners Unit Reptg Ptoshi Int LTD — Buy (add'l)

Raytheon Co new common — Int/Div

Sufel Nicolaus Money Market Fund — Int/Div

AT&T. Inc.common — Int/Div — Buy

AT&T. Inc.common — Sold (part)

Applied Materials, Inc — None — Buy

Applied Materials, Inc — Buy (add'l)

Applied Materials, Inc — Sold

Abbott Laboratories common — Int/Div

Alcoa. Inc. common — Int/Div

Amgen, Inc. common — Int/Div

Apple, Inc. commoon — Int/Div

Avery Denison — None — Buy

Avery Denison — Buy (add'l)

Avery Denison — Sold

Bank New York Mellon Corp, — None — Buy

Bank New York Mellon Corp, — Buy (add'l)

Bank New York Mellon Corp, — Sold

Broadcom Corp. Class A — None — Buy

Broadcom Corp. Class A — Buy (add'l)

Broadcom Corp. Class A — Sold

Campbell Soup Company — None — Buy

Campbell Soup Company — Buy (add'l)

Campbell Soup Company — Sold

Cisco Systems, Inc. common — Int/Div

Centurylink, Inc — None — Buy

Centurylink, Inc — Buy (add'l)

Centurylink, Inc — Sold

Computer Science Corp. — None — Buy

Computer Science Corp. — Buy (add'l)

Computer Science Corp. — Sold

Direct TV common — Int/Div

Exelon Corp. common — Int/Div

Express Scripts Holding Co. common — Int/Div — Buy

Exxon Mobil Corp. common — Int/Div — Buy

Exxon Mobil Corp. common — Sold

Federated Inv Inc PA Cl B Non-vig — None — Buy

Federated Inv Inc PA Cl B Non-vig — Buy (add'l)

Federated Inv Inc PA Cl B Non-vig — Sold

Frontier Communications Corp. common — None — Buy

Frontier Communications Corp. common — Buy (add'l)

Frontier Communications Corp. common — Sold

Goodyear Tire & Rubber Co. common — Int/Div

JP Morgan Chase — None — Buy

JP Morgan Chase — Buy (add'l)

JP Morgan Chase — Buy (add'l)

JP Morgan Chase — Sold

Johnson & Johnson common — Int/Div

Kellogg Company common — Int/Div

Leggett & Platt Inc — None — Buy

Leggett & Platt Inc — Buy (add'l)

Leggett & Platt Inc — Sold

Microsoft Corp. common — Int/Div

PPL Corp. cvommon — Int/Div — Buy

PPL Corp. cvommon — Sold (part)

People United Financial Inc. common — Int/Div — Buy (add'l)

Pitney Bowes, Inc — None — Buy

Pitney Bowes, Inc — Buy (add'l)

Pitney Bowes, Inc — Sold

Quest Diagnostics common — Int/Div

Royal Dutsch Shell PLC Sponsored ADRn repstg A shares — Int/Div

Schlumberger Ltd — None — Buy

Schlumberger Ltd — Buy (add'l)

Schlumberger Ltd — Sold

Staples, Inc. common — Int/Div

Stewart Enterprises Inc. Class A — Int/Div — Buy

Stewart Enterprises Inc. Class A — Sold (part)

Supervalu Inc — None — Buy

Supervalu Inc — Buy (add'l)

Supervalu Inc — Sold

Washimgton Real Estate Inestment Trust SBI — Int/Div

Wellpoint, Inc — Int/Div — Buy

Xerox Corp. common — Int/Div

Logitech Intemational SA Namend Akt — None — Buy

Logitech Intemational SA Namend Akt — Sold

Market Vectors ETF Tr Rare Earth Strategic — None — Buy

Market Vectors ETF Tr Rare Earth Strategic — Buy (add'l)

Market Vectors ETF Tr Rare Earth Strategic — Sold

Flextronics Intl LTD — None

Ishares S&P U.S. Preferred Stock Index ETF — Int/Div

Bancorpsouth Capital Trust Trups Pid — Int/Div

IP Morgan Chase Cap X1 Cum Pfd — Int/Div

Invesco Senior Income TR — Int/Div

Invesco Trust Invt Grade Muns — Int/Div

Nuveen Dividend Advantage Municipa Fund — Int/Div

Nuveen Dividend Advantage Municipal Fund 1 — Int/Div

Nuveen Municipal Value Fund — Int/Div

PVR Partners Unit Rept Partership Int Ltd POtmshp — Int/Div — Buy

BB&T Capital Trust VII Enhanced Trust Pid Secs — None — Buy

BB&T Capital Trust VII Enhanced Trust Pid Secs — Buy (add'l)

BB&T Capital Trust VII Enhanced Trust Pid Secs — Redeemed

Wachovia Capital Trust IX GTD Trust PFD Secs — None — Buy

Wachovia Capital Trust IX GTD Trust PFD Secs — Redeemed

Bank of America NA Charlotte NC CD — Int/Div — Redeemed

Goldman Sachs Bank USA CD — Int/Div — Buy

Goldman Sachs Bank USA CD — Sold

Trustee and secretary, East End Community Services Corporation

Trustee and secretary-treasurer, Dayton Metro Library Foundation

Reimbursement — Ohio State Bar Association — SI42012 — Cincinnati, Ohio — Seminar - CLE provider — Mileage, loding, meals

Spouse's income — 2012 — does mvidual spiritual direction on a fee-for service basis

Letter of 7/25/2013,9 3: "In Part VII, page 9, lines 90-91, in your prior report to listed ‘Flextronics Intl," but you did not list this asset m yuour current report.”

Please note that in fact Flextronics was listed at line 173 of the 2013 Report as mitially filed. Please note also that in % 2 you rfer to line 173 as listing an asset not

previously disclosed, but the asset in question is Flextronics,

Letter of 7/25/2013, 9 2: With respect to each of the following lines in the 5/5/2013 report which you state in % 2 lists an asset not previously reported, you will

find the listing in the 2011 report at the line shown:

lines 81-82: J.P, Morgan - listed at line 57 in the 2011 report

line 85 Invesco - see line 98 in 2011 report

line 98 Abbott Laboratries - see line 17 in 2011 report

line 99 Alcoa - see lines 18 & 19 in 2011 report

line 100 Amgen - see line 20 in 2011 report

line 101 Apple - see lines 21, 22, & 23 in 2011 report

line 114 Cisco - see line 37 in 2001 report

line 121 Direct TV - see line 41 in 2001 report

line 124 Exelon - see line 45 in 2011 report

line 134 Goodyear Tire & Rubber - see line 53 in 2011 report

line 140 Johnson & Johnson -see line 59 in 201 | report

line 141 Kellogg - see line 60 in 2011 report

line 145 Microsoft - see line 71 in 2011 report

line 149 People United - see line 73 in 2011 report

line 153 Quest Diagnostics - see line 76 in 2011 report

line 154 Royal Dutsch Shell - see line 79 in 2011 report

line 164 Washington Real Estate Investment Trust - see line 85 in 2011 report

line 167 Xerox, Inc. - see line 86 mn 2011 report

line 174 Ishares S&P - see Ime 92 in 2011 report

line 175 Banc Corp South - see line 93 in 2011 report

line 176 J, P. Morgan Chase - see line 57 in 2011 report

line 177 Invesco - see line 98 in 2011 report

line 178 Invesco - see also line 98

line 179 Nuveen Dividend Advantage Fund - see lime 99 of 2011 report

line 180 Nuveen Dividend Advantage Fund 11 — see line 100 of 2011 report

line 181 Nuveeb Municipal Value Fund - see line 101 of 2011 report

line 188 Bank of America CD - see line 7 of 2011 report

At line 165 Watson Pharmaceuticals is listed and you not that it was not listed mn 2011. The listing at line 165 is a duplicate of the listing earlier in the report which

shows the acquisition data for 12/19/2012.

As 10 all other assets which your letter indicates were not list in the 2011 report, Part VII has been amended to show the acquisition date for 2012,