River City Partnership                    12/11/05

                           Valuation Statement as of November 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 12/31/02

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

      Bershire B Stock   BRKB  07/18/05     1.000 2800.8800    2800.88 2960.0000    2960.00  23.5%   5.68%   18.32%

      Cardinal Health     CAH  12/31/02    15.000   58.2407     873.61   60.9800     914.70   7.3%   3.73%    1.28%

      Coca-Cola            KO  12/31/02    19.000   46.2784     879.29   42.4600     806.74   6.4%   4.39%    1.51%

      Coor's B-Molsons    TAP  12/31/02    15.000   70.0927    1051.39   67.3000    1009.50   8.0%  24.95%    8.06%

      General Dynamics     GD  03/04/03     5.000   62.1980     310.99  115.5000     577.50   4.6%  94.33%   27.87%

      Hershey's           HSY  03/03/05    15.000   63.6027     954.04   54.4100     816.15   6.5% -13.76%  -18.98%

      Johnson and John    JNJ  08/07/03    20.000   50.3295    1006.59   62.8300    1256.60  10.0%  33.40%   13.50%

      Lowes               LOW  08/07/03    15.000   48.5027     727.54   64.1100     961.65   7.6%  34.94%   14.08%

      Proctor & Gamble     PG  03/03/05    15.000   54.0227     810.34   56.0000     840.00   6.7%   5.24%    7.53%

      Walgreens           WAG  07/06/04    25.000   37.0892     927.23   45.9400    1148.50   9.1%  25.20%   17.96%

      Wells Fargo         WFC  09/02/05    10.000   60.6090     606.09   61.5100     615.10   4.9%   1.49%    7.56%

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

      Total Securities this Date                              10947.99             11906.44  94.7% ------   ------

      Returns for Securities Shown from First Buy or Valuation Date                                 25.00%    8.07%

      Security Returns from Start or Switchover to this Date                                        32.09%   10.16%

                                                                                                                      

      Cash on Hand - Bank                                       435.00               435.00   3.5%

      Cash on Hand - Broker                                     230.75               230.75   1.8%

      Cash on Hand - Suspense                                     0.00                 0.00   0.0%

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

      Total Cash Accounts this Date                             665.75               665.75   5.3%

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

      Total Securities and Cash Accounts This Date            11613.74             12572.19 100.0%

                                                                                                                       

      Petty Cash                                         $     0.00

      Total number of Valuation Units to Date               11094.758653

      Value of Each Unit This Date                       $     1.133

      Number of Units Each $ 1.00 will Purchase                0.882

                                           River City Partnership                    12/11/05

                                Members Status Report as of November 15, 2005

 

                          PAID IN     TOTAL    PAID IN      UNITS                                    TOTAL COMPOUND

                           SINCE     PAID IN     PLUS       SINCE       UNITS       CURRENT PERCENT  RETURN ANN RET

      NO.       NAME      10/15/05   TO DATE   EARNINGS    10/15/05     OWNED        VALUE  OWNRSHP  SINCE 12/31/99

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

       1 Hill, Clay & Ja    25.00    2120.00    1874.85   22.074571  2056.251417    2330.07  18.53% 3335.43%  82.57%

       2 Nichols, Jim &     25.00    1884.00    1694.74   22.074571  1856.708262    2103.96  16.74% 1010.95%  63.90%

       3 O'Hara, Thomas     25.00    2485.00    2186.68   22.074571  2349.677347    2662.57  21.18% 4954.82%  94.97%

       4 Schaffer, Bill     25.00    2095.00    1860.71   22.074571  2005.235445    2272.26  18.07% 3067.90%  80.07%

       5 Schaffer, Conni    25.00    2095.00    1860.71   22.074571  2005.235445    2272.26  18.07% 3067.90%  80.07%

       6 Schaffer, Patri     0.00     875.00     970.59    0.000000   821.650737     931.07   7.41%   8.18%   6.06%

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

         TOTALS            125.00   11554.00   10448.28  110.372855 11094.758653   12572.19 100.00%   24.91    3.86