River City Partnership                    03/19/06

                            Valuation Statement as of March 15, 2006

 

                              FIRST BUY    SHARES     COST             PRICE PER    TOTAL  PERCENT  TOTAL  COMPOUND

                              OR VALUATN   OWNED      PER        TOTAL   SHARE      VALUE     OF    RETURN  ANN. RET.

           SECURITY    TS DRP    DATE    THIS DATE   SHARE       COST  THIS DATE  THIS DATE  TOTAL  SINCE 12/31/02

      =============================================================================================================

      Bershire B Stock   BRKB  07/18/05     1.000 2800.8800    2800.88 2973.0000    2973.00  22.5%   6.15%    9.50%

      Cardinal Health     CAH  12/31/02    15.000   58.2407     873.61   74.6700    1120.05   8.5%  27.04%    7.76%

      Coca-Cola            KO  12/31/02    19.000   46.2784     879.29   42.7300     811.87   6.1%   5.43%    1.66%

      Coor's B-Molsons    TAP  12/31/02    15.000   70.0927    1051.39   68.7200    1030.80   7.8%  28.71%    8.20%

      General Dynamics     GD  03/04/03     5.000   62.1980     310.99  129.1900     645.95   4.9% 117.91%   29.30%

      Hershey's           HSY  03/03/05    15.000   63.6027     954.04   52.7100     790.65   6.0% -15.71%  -15.26%

      Johnson and John    JNJ  08/07/03    20.000   50.3295    1006.59   59.8000    1196.00   9.1%  27.23%    9.69%

      Lowes               LOW  08/07/03    15.000   48.5027     727.54   67.4600    1011.90   7.7%  42.23%   14.49%

      Proctor & Gamble     PG  03/03/05    15.000   54.0227     810.34   59.9000     898.50   6.8%  13.07%   12.64%

      Walgreens           WAG  07/06/04    25.000   37.0892     927.23   45.1100    1127.75   8.5%  23.20%   13.14%

      Wells Fargo         WFC  09/02/05    10.000   60.6090     606.09   64.9000     649.00   4.9%   8.84%   17.29%

                                                            ----------           ---------- ------

      Total Securities this Date                              10947.99             12255.47  92.8% ------   ------

      Returns for Securities Shown from First Buy or Valuation Date                                 29.88%    8.50%

      Security Returns from Start or Switchover to this Date                                        36.62%   10.23%

                                                                                                                      

      Cash on Hand - Bank                                       200.00               200.00   1.5%

      Cash on Hand - Broker                                     750.90               750.90   5.7%

      Cash on Hand - Suspense                                     0.00                 0.00   0.0%

                                                            ----------           ---------- ------

      Total Cash Accounts this Date                             950.90               950.90   7.2%

                                                            ----------           ---------- ------

      Total Securities and Cash Accounts This Date            11898.89             13206.37 100.0%

                                                                                                                      

      Petty Cash                                         $     0.00

      Total number of Valuation Units to Date               11083.483240

      Value of Each Unit This Date                       $     1.192

      Number of Units Each $ 1.00 will Purchase                0.839

 

                                           River City Partnership                    03/19/06

                                 Members Status Report as of March 15, 2006

 

                          PAID IN     TOTAL    PAID IN      UNITS                                    TOTAL COMPOUND

                           SINCE     PAID IN     PLUS       SINCE       UNITS       CURRENT PERCENT  RETURN ANN RET

      NO.       NAME      02/15/06   TO DATE   EARNINGS    02/15/06     OWNED        VALUE  OWNRSHP  SINCE 12/31/99

      =============================================================================================================

       1 Hill, Clay & Ja     0.00    2170.00    1863.98    0.000000  2044.864421    2436.53  18.45% 2404.90%  68.06%

       2 Nichols, Jim &      0.00    1934.00    1690.36    0.000000  1850.880507    2205.39  16.70% 822.89%  53.30%

       3 O'Hara, Thomas      0.00    2535.00    2166.96    0.000000  2330.651626    2777.06  21.03% 3454.48%  77.81%

       4 Schaffer, Bill      0.00    2145.00    1851.50    0.000000  1995.269746    2377.44  18.00% 2225.90%  66.06%

       5 Schaffer, Conni     0.00    2145.00    1851.50    0.000000  1995.269746    2377.44  18.00% 2225.90%  66.06%

       6 Schaffer, Patri     0.00     950.00    1024.77    0.000000   866.547194    1032.52   7.82%  11.30%   6.64%

                       --------- ---------- ----------  ----------  ----------- ---------- -------  ------  ------

         TOTALS              0.00   11879.00   10449.07    0.000000 11083.483240   13206.37 100.00%   29.81    4.29