| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 25,000 RAYMOND JAMES ANALYSTS BEST P | 25,693 | 27,255 |
| 100,000 HARTFORD LIFE INS CO | ||
| 50,000 COUNTRYWIDE FINANCIAL CORP NT | 50,367 | 50,843 |
| 50,000 COUNTRYWIDE FINANCIAL CORP NT | 51,980 | 50,843 |
| 50,000 RAYMOND JAMES IOL MARKET RECO | 51,381 | 34,700 |
| 50,000 RJ ANALYSTS BEST PICKS EQUITY | 50,006 | 47,570 |
| 100,000 MERRILL LYNCH & CO INC NTS | 98,064 | 104,288 |
| 150,000 HARTFORD LIFE INS CO MTN | 150,004 | 150,537 |
| 100,000 THE GOLDMAN SACHS GROUP | 100,005 | 109,944 |
| 100,000 GOLDMAN SACHS GROUP | 100,005 | 108,269 |
| 100,000 PRINCIPAL LIFE INCOME TRUST | 100,004 | 111,347 |
| 150,000 PACIFIC BELL DEBENTURE | 160,586 | 182,284 |
| 150,000 WAL-MART STORES INC. | 185,471 | 211,468 |
| 100,000 GOLDMAN SACHS GRP INC | 100,005 | 106,610 |
| 57,000 JOHNSON & JOHNSON NTS | 63,417 | 73,620 |
| 100,000 BANK OF AMERICA | 100,005 | 108,233 |
| 150,000 LLOYDS TSB BANK PLC NTS | 150,958 | 176,363 |
| 100,000 GOLDMAN SACHS GRP | 100,005 | 112,052 |
| 18,000 BELLSOUTH TELECOMMUNICATIONS | 22,517 | 21,134 |
| 100,000 CITIGROUP FUNDING INC NTS | 100,005 | 93,631 |
| 50,000 CITIGROUP INC DEBENTURE | 61,736 | 60,809 |
| 50,000 GOLDMAN SACHS GROUP INC | 50,005 | 48,747 |
| BARCLAYS BANK PLC MTN | ||
| 50,000 SENIOR MEDIUM TERM NOTES SERI | ||
| NASDAQ OMX GROUP INC NTS | 108,318 | 109,636 |