River City Partnership                    08/21/05

                            Valuation Statement as of August 15, 2005

 

                              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 01/01/05

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

      Bershire B Stock   BRKB  07/18/05     1.000 2800.8800    2800.88 2770.5000    2770.50  22.9%  -1.08%  -13.26%

      Cardinal Health     CAH  01/01/05    15.000   58.2407     873.61   59.3300     889.95   7.4%   2.24%    3.64%

      Coca-Cola            KO  01/01/05    19.000   46.2784     879.29   43.5400     827.26   6.8%   5.94%    9.77%

      Coor's B-Molsons    TAP  01/01/05    15.000   70.0927    1051.39   63.6000     954.00   7.9% -19.89%  -30.13%

      Ethan Allen         ETH  01/01/05    20.000   36.0600     721.20   33.3900     667.80   5.5% -15.53%  -23.87%

      General Dynamics     GD  01/01/05     5.000   62.1980     310.99  115.1600     575.80   4.8%  11.26%   18.82%

      Hershey's           HSY  03/03/05    15.000   63.6027     954.04   61.5000     922.50   7.6%  -2.96%   -6.44%

      Johnson and John    JNJ  01/01/05    20.000   50.3295    1006.59   63.5500    1271.00  10.5%   1.18%    1.91%

      Lowes               LOW  01/01/05    15.000   48.5027     727.54   65.8900     988.35   8.2%  14.67%   24.76%

      Proctor & Gamble     PG  03/03/05    15.000   54.0227     810.34   54.1800     812.70   6.7%   1.33%    2.97%

      Walgreens           WAG  01/01/05    25.000   37.0892     927.23   48.3000    1207.50  10.0%  26.19%   45.63%

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

      Total Securities this Date                              11063.10             11887.36  98.3% ------   ------

      Returns for Securities Shown from First Buy or Valuation Date                                  1.33%    2.16%

      Security Returns from Start or Switchover to this Date                                        -0.46%   -0.75%

                                                                                                                       

      Cash on Hand - Bank                                       190.00               190.00   1.6%

      Cash on Hand - Broker                                      10.83                10.83   0.1%

      Cash on Hand - Suspense                                     0.00                 0.00   0.0%

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

      Total Cash Accounts this Date                             200.83               200.83   1.7%

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

      Total Securities and Cash Accounts This Date            11263.93             12088.19 100.0%

                                                                                                                      

      Petty Cash                                         $     0.00

      Total number of Valuation Units to Date               10714.935686

      Value of Each Unit This Date                       $     1.128

      Number of Units Each $ 1.00 will Purchase                0.886

                                           River City Partnership                    08/21/05

                                 Members Status Report as of August 15, 2005

 

                          PAID IN     TOTAL    PAID IN      UNITS                                    TOTAL COMPOUND

                           SINCE     PAID IN     PLUS       SINCE       UNITS       CURRENT PERCENT  RETURN ANN RET

      NO.       NAME      07/15/05   TO DATE   EARNINGS    07/15/05     OWNED        VALUE  OWNRSHP  SINCE 01/01/05

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

       1 Hill, Clay & Ja    25.00    2045.00    1799.85   22.182717  1989.268494    2244.22  18.57%  -0.86%  -1.39%

       2 Nichols, Jim &     25.00    1809.00    1619.74   22.182717  1789.725339    2019.10  16.70%  -0.84%  -1.35%

       3 O'Hara, Thomas     25.00    2410.00    2111.68   22.182717  2282.694424    2575.25  21.30%  -0.88%  -1.41%

       4 Schaffer, Bill     25.00    2020.00    1785.71   22.182717  1938.252522    2186.66  18.09%  -0.86%  -1.38%

       5 Schaffer, Conni    25.00    2020.00    1785.71   22.182717  1938.252522    2186.66  18.09%  -0.86%  -1.38%

       6 Schaffer, Patri    25.00     825.00     920.59   22.182717   776.742385     876.29   7.25%  -0.45%  -0.72%

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

         TOTALS            150.00   11129.00   10023.28  133.096302 10714.935686   12088.19 100.00%   25.20    4.08