| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FIFTH THIRD BANCORP PFD | 50,000 | 57,420 |
| PITNEY BOWES INC | 24,816 | 18,260 |
| PUBLIC STORAGE | 50,000 | 50,620 |
| SENIOR HOUSING | 20,256 | 24,750 |
| FEDL NATL MTG ASSN | 50,000 | 22,660 |
| SOUTHERN COMPANY | 50,000 | 52,740 |
| VERIZON COMMUNICATIONS | ||
| PENNANTPARK INVESTMENT | 50,000 | 51,340 |