River City Partnership                    12/11/05

                           Valuation Statement as of October 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 2787.0000    2787.00  22.9%  -0.50%   -2.02%

      Cardinal Health     CAH  12/31/02    15.000   58.2407     873.61   63.4800     952.20   7.8%   7.86%    2.75%

      Coca-Cola            KO  12/31/02    19.000   46.2784     879.29   42.0700     799.33   6.6%   3.77%    1.34%

      Coor's B-Molsons    TAP  12/31/02    15.000   70.0927    1051.39   61.8100     927.15   7.6%  16.16%    5.52%

      General Dynamics     GD  03/04/03     5.000   62.1980     310.99  120.0800     600.40   4.9% 101.12%   30.60%

      Hershey's           HSY  03/03/05    15.000   63.6027     954.04   55.9200     838.80   6.9% -11.38%  -17.73%

      Johnson and John    JNJ  08/07/03    20.000   50.3295    1006.59   63.7000    1274.00  10.5%  35.70%   14.95%

      Lowes               LOW  08/07/03    15.000   48.5027     727.54   61.2100     918.15   7.5%  28.21%   12.02%

      Proctor & Gamble     PG  03/03/05    15.000   54.0227     810.34   56.1100     841.65   6.9%   4.92%    8.08%

      Walgreens           WAG  07/06/04    25.000   37.0892     927.23   44.0000    1100.00   9.0%  19.86%   15.25%

      Wells Fargo         WFC  09/02/05    10.000   60.6090     606.09   58.9800     589.80   4.8%  -2.69%  -20.66%

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

      Total Securities this Date                              10947.99             11628.48  95.6% ------   ------

      Returns for Securities Shown from First Buy or Valuation Date                                 20.42%    6.89%

      Security Returns from Start or Switchover to this Date                                        28.67%    9.46%

                                                                                                                      

      Cash on Hand - Bank                                       490.00               490.00   4.0%

      Cash on Hand - Broker                                      42.75                42.75   0.4%

      Cash on Hand - Suspense                                     0.00                 0.00   0.0%

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

      Total Cash Accounts this Date                             532.75               532.75   4.4%

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

      Total Securities and Cash Accounts This Date            11480.74             12161.23 100.0%

                                                                                                                      

      Petty Cash                                         $     0.00

      Total number of Valuation Units to Date               10984.385798

      Value of Each Unit This Date                       $     1.107

 

      Number of Units Each $ 1.00 will Purchase                0.903

                                           River City Partnership                    12/11/05

                                Members Status Report as of October 15, 2005

 

                          PAID IN     TOTAL    PAID IN      UNITS                                    TOTAL COMPOUND

                           SINCE     PAID IN     PLUS       SINCE       UNITS       CURRENT PERCENT  RETURN ANN RET

      NO.       NAME      09/15/05   TO DATE   EARNINGS    09/15/05     OWNED        VALUE  OWNRSHP  SINCE 12/31/99

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

       1 Hill, Clay & Ja    25.00    2095.00    1849.85   22.590591  2034.176846    2252.11  18.52% 3476.73%  85.47%

       2 Nichols, Jim &     25.00    1859.00    1669.74   22.590591  1834.633691    2031.19  16.70% 1021.90%  65.68%

       3 O'Hara, Thomas     25.00    2460.00    2161.68   22.590591  2327.602776    2576.98  21.19% 5223.54%  98.66%

       4 Schaffer, Bill     25.00    2070.00    1835.71   22.590591  1983.160874    2195.63  18.05% 3190.73%  82.82%

       5 Schaffer, Conni    25.00    2070.00    1835.71   22.590591  1983.160874    2195.63  18.05% 3190.73%  82.82%

       6 Schaffer, Patri    25.00     875.00     970.59   22.590591   821.650737     909.68   7.48%   5.15%   4.09%

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

         TOTALS            150.00   11429.00   10323.28  135.543546 10984.385798   12161.23 100.00%   18.59    2.99