Issuer, Description, Cusip

Adelphia Business Solutions, Inc, Sr Pfd Exchangeable Series B 12.875%, 006847305
Crown Castle Intl' Corporation, 12.75% Sr Pfd Exchangeable, CCJ227307
Day International Group, Inc, 12.25% Sr Pfd Exchangeable, CDK536406
Dobson Communications Corp, 12.25% Sr Pfd Exchangable, 256072307
Dobson Communications Corp, 13.0% Sr Pfd Exchangeable, 256072505
Far Eastern Textile Ltd., Global Depository Reciepts 144A, 307331207
High Voltage Engineering Corp, 12.50% Sr Pfd Series A, 429810708

Montana Power Capital I, 8.45% Cumulative Quarterly Income Pfd Sec, Ser A, 612083204
Nebco Evans Holding Co, 11.25% Sr Pfd Cum Exchangeable, 639515402
Nextel Communications Inc, 11.125% Pfd Exchangeable Series E, 65332V707
North Atlantic Trading Inc, 12.00% Sr PIK Pfd, 657337408

NorthWestern Capital Financing I, 7.20% Trust Preferred Capital Securities, 668031206,

NorthWestern Capital Financing II, 8.25% Trust Preferred Securities, 668033202, OTC, 12/19/2003

NorthWestern Capital Financing III, 8.10% Trust Preferred Securities, 668034200

NWPS Capital Financing I, 8.125% Trust Preferred Capital Securities, 629470204,
Paxson Communications Corp, 13.25% Jr Exchangeable Pfd, 704231505
Paxson Communications Corp, 9.75% Pfd Convertible Series A Accd Invs, HAE231709
Robert Fleming Equity Bermuda Ltd, Pfd Shares Linked - Taiwan 144A 3C7, 770319408
Rural Cellular Corp, 11.375% Sr Pfd Exchangeable, 781904305
Rural Cellular Corp, 12.25% Jr Pfd Exchangeable, 781904404
Standard Foods Taiwan Ltd, Global Depository Reciepts 144A, 853407104
TransTexas Gas Corp, 10.00% Sr Pfd Series A, 893895607
Turkiye IS Bankasi AS, Global Depository Reciepts 144A, 900151101
Visteon Corporation, Fractional Common Stock, KCJ39U100
XO Communications, Inc, Sr Exchangeable Pfd 13.50% Series B, KJD764707

For transfer information, link to SMK's Transfer Form