River City Partnership                    01/29/06

                           Valuation Statement as of January 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 2952.0000    2952.00  22.9%   5.40%   11.19%

      Cardinal Health     CAH  12/31/02    15.000   58.2407     873.61   69.6700    1045.05   8.1%  18.46%    5.73%

      Coca-Cola            KO  12/31/02    19.000   46.2784     879.29   41.3100     784.89   6.1%   3.19%    1.04%

      Coor's B-Molsons    TAP  12/31/02    15.000   70.0927    1051.39   68.8500    1032.75   8.0%  28.17%    8.50%

      General Dynamics     GD  03/04/03     5.000   62.1980     310.99  117.2000     586.00   4.5%  97.31%   26.73%

      Hershey's           HSY  03/03/05    15.000   63.6027     954.04   54.4500     816.75   6.3% -13.33%  -15.15%

      Johnson and John    JNJ  08/07/03    20.000   50.3295    1006.59   61.8200    1236.40   9.6%  31.45%   11.85%

      Lowes               LOW  08/07/03    15.000   48.5027     727.54   66.2400     993.60   7.7%  39.57%   14.63%

      Proctor & Gamble     PG  03/03/05    15.000   54.0227     810.34   58.9000     883.50   6.9%  10.66%   12.34%

      Walgreens           WAG  07/06/04    25.000   37.0892     927.23   43.3900    1084.75   8.4%  18.30%   11.63%

      Wells Fargo         WFC  09/02/05    10.000   60.6090     606.09   59.2899     592.90   4.6%  -1.32%   -3.54%

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

      Total Securities this Date                              10947.99             12008.59  93.2% ------   ------

      Returns for Securities Shown from First Buy or Valuation Date                                 26.19%    7.95%

      Security Returns from Start or Switchover to this Date                                        33.45%    9.95%

                                                                                                                       

      Cash on Hand - Bank                                       623.01               623.01   4.8%

      Cash on Hand - Broker                                     257.98               257.98   2.0%

      Cash on Hand - Suspense                                     0.00                 0.00   0.0%

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

      Total Cash Accounts this Date                             880.99               880.99   6.8%

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

      Total Securities and Cash Accounts This Date            11828.98             12889.58 100.0%

                                                                                                                      

      Petty Cash                                         $     0.00

      Total number of Valuation Units to Date               11083.483240

      Value of Each Unit This Date                       $     1.163

      Number of Units Each $ 1.00 will Purchase                0.860

                                           River City Partnership                    01/29/06

                                Members Status Report as of January 15, 2006

 

                          PAID IN     TOTAL    PAID IN      UNITS                                    TOTAL COMPOUND

                           SINCE     PAID IN     PLUS       SINCE       UNITS       CURRENT PERCENT  RETURN ANN RET

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

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

       1 Hill, Clay & Ja    25.00    2170.00    1863.98   21.496985  2044.864421    2378.08  18.45% 2681.75%  73.39%

       2 Nichols, Jim &     25.00    1934.00    1690.36   21.496985  1850.880507    2152.49  16.70% 871.20%  56.99%

       3 O'Hara, Thomas     25.00    2535.00    2166.96   21.496985  2330.651626    2710.44  21.03% 3916.26%  84.26%

       4 Schaffer, Bill     25.00    2145.00    1851.50   21.496985  1995.269746    2320.41  18.00% 2474.32%  71.18%

       5 Schaffer, Conni    25.00    2145.00    1851.50   21.496985  1995.269746    2320.41  18.00% 2474.32%  71.18%

       6 Schaffer, Patri    25.00     950.00    1024.77   21.496985   866.547194    1007.75   7.82%   8.15%   5.35%

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

         TOTALS            150.00   11879.00   10449.07  128.981910 11083.483240   12889.58 100.00%   23.69    3.58