Arkansas business list: major public co. stock holdings.

Ranked by value (over $1 million) of reported stock holdings in 2003 based on Nov.12 closing price.

ARKANSAS BUSINESS LIST: MAJOR PUBLIC CO. STOCK HOLDINGS

Ranked by value (over $1 million) of reported stock holdings in 2003
based on Nov. 12 closing price

   Name                 City             Title

1  Welton Family        Bentonville      --
2  Tyson Family         Springdale       --
3  Murphy Family        El Dorado        --
4  Stephens Family      Little Rock      --
5  J.B. Hunt Family     Goshen           --
6  Frank Lyon Jr.       Little Rock      Director
   Family
7  Jack Shewmaker       Bentonville      Director
8  David D. Glass       Bentonville      --
9  F.S. "Sheridan"      Harrison         Director
   Garrison Family
10 E. Wayne Garrison    Lowell           Chairman
11 George Gleason       Little Rock      Chairman/CEO
   Family
12 William Dillard      Little Rock      Chairman/CEO
   Family
13 Robert A. Young      Fort Smith       CEO
   III
14 Joe T. Ford Family   Little Rock      Chairman/CEO
15 Charles D. Morgan    Little Rock      Chairman/CEO
   Jr.
16 Leland Tollett       Rogers           Director
17 H. Lee Scott Jr.     Rogers           CEO
18 Roland S. Boreham    Fort Smith       Chairman
   Jr.
19 Rodger S. Kline      Little Rock      COO
20 Fred C. Ballman      Fort Smith       --
   estate
21 Joe F. Starr         Fayetteville     Ex-director
22 Thomas M. Coughlin   Bentonville      EVP
23 Robert M. Powell     Fort Smith       President/CEO
24 James T. Womble      Little Rock      Div. Leader
25 James B. Speed       Fort Smith       Chairman
26 Gene George Family   Springdale       Director
27 Richard L. Bond      Springdale       Pres/CEO
28 Donald Wray          Rogers           Ex-director
29 John B. Menaer       Bentonville      Officer
30 Greg W. Lee          Springdale       Int'l Pres/CAO
31 Mark Ross            Little Rock      President/COO
32 Jon E.M. Jacoby      Little Rock      Director
33 Majorie Brooks       Springdale       --
   Family
34 David E.             Fort Smith       President
   Stubblefield
35 Paul R. Bergant      Rogers           EVP
37 Kirk Thompson        Rogers           President/CEO
37 W.C. "Cal" Partee    Magnolia         --
   Family
38 Robert W. Weaver     Fayetteville     CEO
39 C. Alex Dietz        Little Rock      Products Leader
40 Jerry A. Yarbrough   Fort Smith       SVP
41 R.L. Qualls          Fort Smith       Vice Chairman
42 Jerry Walton         Siloam Springs   CFO
43 Larry J. Brandt      Harrison         CEO/President
   Family
44 William R. Floyd     Fort Smith       Chair/Pres/CEO
45 J. Thomas May        Pine Bluff       Chairman/CEO
46 Herbert A. Fox       El Dorado        Vice President
47 John A. McFarland    Fort Smith       CEO/President
48 Lloyd G. Davis       Fort Smith       EVP/COO
49 Eugene D. Lemon      Springdale       Group VP
50 James A. Edington    Pocahontas       Director
51 Francis X. Frank     Little Rock      SVP
52 Jack Fleischauer     Little Rock      Officer
53 James I. Freeman     Little Rock      CFO
54 Clete Brewer         Fayetteville     Chairman
55 A. J. Baltz          Pocahontas       Director
56 Dwayne Powell        Jonesboro        CEO/President
57 Ralph P. Baltz       Pocahontas       Chairman
58 Danny Criner         Western Grove    Division President
59 Emon A. Mahony Jr.   Fort Smith       Director
60 Jerry D. Orler       Fort Smith       VP/CFO
61 David Loeffler       Fort Smith       VP/CFO
62 Les R. Baledge       Springdale       EVP/Gen. Counsel
63 Steven Hankins       Springdale       EVP/CFO
64 Steven A. Cosse      El Dorado        Officer
65 Kennith Smith        Ozark            Director
66 Paul Moore           Little Rock      CFO
67 Dennis E. Foster     Little Rock      Vice Chairman
68 E. Lynn Scott        Rogers           CEO President
69 Bobby D. Ralston     Lowell           EVP
70 Jefferson W. Asher   Fort Smith       Director
   Jr.
71 Enoch L. Dawkins     El Dorado        Office
72 Henry Mariani        Little Rock      Director
73 Robert East          Little Rock      Director
74 Gene J. Hagedorn     Fort Smith       VP
75 Sherri R. Billings   Harrison         EVP/CFO
76 John N. Roberts      Lowell           EVP
77 Tommy W.             Harrison         EVP/COO
   Richardson

                                           Company
   Name                  Total Holdings   Investment

1  Welton Family        $99,727,451,509   Wal-Mart Stores Inc.
                                          Leggett & Platt Inc.
2  Tyson Family          $1,498,918,914   Tyson Foods Inc. Class B
                                          Tyson Foods Inc. Class A
3  Murphy Family           $789,631,876   Murphy Oil Corp.
                                          Deltic Timber Corp.
                                          BancorpSouth
                                          Entergy Corp.
4  Stephens Family         $733,324,174   Alltel Corp.
                                          Power-One Inc.
                                          Delta & Pine Land Co.
                                          Vascular Solutions Inc.
                                          Eden Bioscience Corp.
                                          Sangamo Biosciences Inc.
                                          Foamex International Inc.
                                          Energy Exploration
                                          Technologies Inc.
                                          Dillard's Inc.
5  J.B. Hunt Family        $468,035,318   J.B. Hunt Transport Services
                                          Inc.
6  Frank Lyon Jr.          $390,841,782   US Bancorp
   Family
7  Jack Shewmaker          $192,252,509   Wal-Mart Stores Inc.
8  David D. Glass          $172,330,092   Wal-Mart Stores Inc.
9  F.S. "Sheridan"         $137,952,347   FedEx Corp.
   Garrison Family                        Energizer Holdings Corp.
10 E. Wayne Garrison       $109,413,928   J.B. Hunt Transport Services
                                          Inc.
11 George Gleason          $101,016,999   Bank of the Ozarks Inc.
   Family
12 William Dillard          $89,578.391   Dillard's Inc. Class B
   Family                                 Dillard's Inc. Class A
                                          Acxiom Corp.
13 Robert A. Young         $744,128,511   Arkansas Best Corp.
   III
14 Joe T. Ford Family       $73,726,326   Alltel Corp.
                                          Textron Inc.
                                          Dial Corp.
                                          Enpro Industries Inc.
15 Charles D. Morgan        $58,213,615   Acxiom Corp.
   Jr.
16 Leland Tollett           $48,352,317   Tyson Foods Inc.
17 H. Lee Scott Jr.         $40,853,686   Wal-Mart Stores Inc.
18 Roland S. Boreham        $33,275,834   Baldor Electric Co.
   Jr.                                    USA Truck Inc.
19 Rodger S. Kline          $31,736,092   Acxiom Corp.
20 Fred C. Ballman          $30,710,127   Baldor Electric Co.
   estate
21 Joe F. Starr             $29,564,842   Tyson Foods Inc.
22 Thomas M. Coughlin       $28,060,233   Wal-Mart Stores Inc.
23 Robert M. Powell         $22,636,869   USA Truck Inc.
24 James T. Womble          $18,747,061   Acxiom Corp.
25 James B. Speed           $18,566,424   USA Truck Inc.
26 Gene George Family       $17,115,371   J.B. Hunt Transport Services
                                          Inc.
27 Richard L. Bond          $15,610,081   Tyson Foods Inc.
28 Donald Wray              $12,935,904   Tyson Foods Inc.
29 John B. Menaer           $10,639,427   Wal-Mart Stores Inc.
30 Greg W. Lee              $10,335,308   Tyson Foods Inc.
31 Mark Ross                 $9,998,560   Bank of the Ozarks Inc.
32 Jon E.M. Jacoby           $9,848,997   Power-One Inc.
                                          Delta & Pine Land Co.
                                          Vascular Solutions Inc.
                                          Sangamo Biosciences Inc.
33 Majorie Brooks           $8,526,352    AERT Class A
   Family                                 AERT Class S
34 David E.                 $8,375,691    Arkansas Best Corp.
   Stubblefield
35 Paul R. Bergant          $8,169,768    J.B. Hunt Transport Services
                                          Inc.
37 Kirk Thompson            $6,818,986    J. B. Hunt Transport
                                          Services Inc.
37 W.C. "Cal" Partee        $6,736,789    BancorpSouth
   Family
38 Robert W. Weaver         $5,957,788    P.A.M. Transportation
                                          Services Inc.
39 C. Alex Dietz            $5,352,723    Acxiom Corp.
40 Jerry A. Yarbrough       $4,994,133    Arkansas Best Corp.
41 R.L. Qualls              $4,395,321    Baldor Electric Co.
                                          Bank of the Ozarks Inc.
42 Jerry Walton             $3,979,100    J.B. Hunt Transport Services
                                          Inc.
43 Larry J. Brandt          $3,788,478    First Federal Bancshares of
                                          Arkansas
   Family
44 William R. Floyd         $3,578,512    Beverly Enterprises Inc.
45 J. Thomas May            $3,452,193    Simmons Fist National Corp.
46 Herbert A. Fox           $3,408,187    Murphy Oil Corp.
47 John A. McFarland        $3,395,049    Baldor Electric Co.
48 Lloyd G. Davis           $3,124,128    Baldor Electric Co.
49 Eugene D. Lemon          $3,095,140    Tyson Foods Inc.
50 James A. Edington        $3,045,055    Pocahontas Bancorp
51 Francis X. Frank         $2,948,749    Alltel Corp.
52 Jack Fleischauer         $2,902,641    Regions Financial Corp.
53 James I. Freeman         $2,723,724    Dillard's Inc. Class A
54 Clete Brewer             $2,698,699    Edgewater Technology
55 A. J. Baltz              $2,633,314    Pocahontas Bancorp
56 Dwayne Powell            $2,523,150    Pocahontas Bancorp
57 Ralph P. Baltz           $2,393,575    Pocahontas Bancorp
58 Danny Criner             $2,359,483    Bank of the Ozarks Inc.
59 Emon A. Mahony Jr.       $2,349,469    Alltel Corp.
60 Jerry D. Orler           $2,345,541    USA Truck Inc.
61 David Loeffler           $2,131,046    Arkansas Best Corp.
62 Les R. Baledge           $2,104,874    Tyson Foods Inc.
63 Steven Hankins           $2,033,505    Tyson Foods Inc.
64 Steven A. Cosse          $2,003,324    Murphy Oil Corp.
65 Kennith Smith            $1,969,745    Bank of the Ozarks Inc.
66 Paul Moore               $1,895,278    Bank of the Ozarks Inc.
67 Dennis E. Foster         $1,844,571    Alltel Corp.
68 E. Lynn Scott            $1,520,801    Brass Eagle Inc.
69 Bobby D. Ralston         $1,426,646    J.B. Hunt Transport Services
                                          Inc.
70 Jefferson W. Asher       $1,352,064    Baldor Electric Co.
   Jr.
71 Enoch L. Dawkins         $1,323,225    Murphy Oil Corp.
72 Henry Mariani            $1,289,100    Bank of the Ozarks Inc.
73 Robert East              $1,280,506    Bank of the Ozarks Inc.
74 Gene J. Hagedorn         $1,139,733    Baldor Electric Co.
75 Sherri R. Billings       $1,121,510    First Federal Bancshares of
                                          Arkansas
76 John N. Roberts          $1,090,000    J.B. Hunt Transport
                                          Services
77 Tommy W.                 $1,021,847    First Federal Bancshares of
   Richardson                             Arkansas

                           Company                 Nov. 12      Closing
   Name                  Investment             No. of Shares    Price

1  Welton Family         Wal-Mart Stores Inc.   1,720,540,127    $57.96
                         Leggett & Platt Inc.         240,669    $20.55
2  Tyson Family          Tyson Foods Inc.         100,848,560    $14.36
                         Class B
                         Tyson Foods Inc.           3,532,980    $14.36
                         Class A
3  Murphy Family         Murphy Oil Corp.          11,414,900    $58.69
                         Deltic Timber Corp.        3,094,259    $29.83
                         BancorpSouth               1,143,891    $24.00
                         Entergy Corp.                    950    $53.32
4  Stephens Family       Alltel Corp.              12,617,568    $45.95
                         Power-One Inc.             7,136,986     $9.34
                         Delta & Pine Land          2,048,487    $24.28
                         Co.
                         Vascular Solutions         2,228,502     $5.24
                         Inc.
                         Eden Bioscience              5333367     $1.81
                         Corp.
                         Sangamo Biosciences        1,277,232     $5.05
                         Inc.
                         Foamex International       1,246,900     $4.44
                         Inc.
                         Energy Exploration         1,817,985     $2.10
                         Technologies Inc.
                         Dillard's Inc.                 1,000    $15.44
5  J.B. Hunt Family      J.B. Hunt Transport       17,175,608    $27.25
                         Services Inc.
6  Frank Lyon Jr.        US Bancorp                14,150,680    $27.62
   Family
7  Jack Shewmaker        Wal-Mart Stores Inc.       3,316,986    $57.96
8  David D. Glass        Wal-Mart Stores Inc.       2,973,259    $57.96
9  F.S. "Sheridan"       FedEx Corp.                1,805,041    $76.38
   Garrison Family       Energizer Holdings             2,282    $36.51
                         Corp.
10 E. Wayne Garrison     J.B. Hunt Transport        4,015,190    $27.25
                         Services Inc.
11 George Gleason        Bank of the Ozarks         2,352,269    $42.97
   Family                Inc.
12 William Dillard       Dillard's Inc. Class       3,985,776    $15.44
   Family                B
                         Dillard's Inc. Class       1,785,340    $15.44
                         A
                         Acxiom Corp.                  29,158    $16.20
13 Robert A. Young       Arkansas Best Corp.        2,171,370    $34.27
   III
14 Joe T. Ford Family    Alltel Corp.               1,582,470    $45.95
                         Textron Inc.                  13,278    $50.13
                         Dial Corp.                     9,996    $24.68
                         Enpro Industries              10,000     $9.95
                         Inc.
15 Charles D. Morgan     Acxiom Corp.               3,593,433    $16.20
   Jr.
16 Leland Tollett        Tyson Foods Inc.           3,367,153    $14.36
17 H. Lee Scott Jr.      Wal-Mart Stores Inc.         704,860    $57.96
18 Roland S. Boreham     Baldor Electric Co.        1,574,584    $21.00
   Jr.                   USA Truck Inc.                19,000    $11.03
19 Rodger S. Kline       Acxiom Corp.               1,959,018    $16.20
20 Fred C. Ballman       Baldor Electric Co.        1,462,387    $21.00
   estate
21 Joe F. Starr          Tyson Foods Inc.           2,058,833    $14.36
22 Thomas M. Coughlin    Wal-Mart Stores Inc.         484,131    $57.96
23 Robert M. Powell      USA Truck Inc.             2,052,300    $11.03
24 James T. Womble       Acxiom Corp.               1,157,226    $16.20
25 James B. Speed        USA Truck Inc.             1,683,266    $11.03
26 Gene George Family    J.B. Hunt Transport          628,087    $27.25
                         Services Inc.
27 Richard L. Bond       Tyson Foods Inc.           1,087,053    $14.36
28 Donald Wray           Tyson Foods Inc.             900,829    $14.36
29 John B. Menaer        Wal-Mart Stores Inc.         183,565    $57.96
30 Greg W. Lee           Tyson Foods Inc.             719,729    $14.36
31 Mark Ross             Bank of the Ozarks           232,687    $42.97
                         Inc.
32 Jon E.M. Jacoby       Power-One Inc.               472,829     $9.34
                         Delta & Pine Land            133,731    $24.28
                         Co.
                         Vascular Solutions           330,718     $5.24
                         Inc.
                         Sangamo Biosciences           89,668     $5.05
                         Inc.
33 Majorie Brooks        AERT Class A               4,836,170     $1.38
   Family                AERT Class S               1,342,346     $1.38
34 David E.              Arkansas Best Corp.          244,403    $34.27
   Stubblefield
35 Paul R. Bergant       J.B. Hunt Transport          299,808    $27.25
                         Services Inc.
37 Kirk Thompson         J.B. Hunt Transport          250,238    $27.25
                         Services Inc.
37 W.C. "Cal" Partee     BancorpSouth                 281,874    $23.90
   Family
38 Robert W. Weaver      P.A.M. Transporta-           318,428    $18.71
                         tion Services Inc.
39 C. Alex Dietz         Acxiom Corp.                 330,415    $16.20
40 Jerry A. Yarbrough    Arkansas Best Corp.          145,729    $34.27
41 R.L. Qualls           Baldor Electric Co.          200,707    $21.00
                         Bank of the Ozarks             4,200    $42.97
                         Inc.
42 Jerry Walton          J.B. Hunt Transport          146,022    $27.25
                         Services Inc.
43 Larry J. Brandt       First Federal                 98,530    $38.45
   Family                Bancshares of
                         Arkansas
44 William R. Floyd      Beverly Enterprises          511,216     $7.00
                         Inc.
45 J. Thomas May         Simmons Fist                 131,013    $26.35
                         National Corp.
46 Herbert A. Fox        Murphy Oil Corp.              58,071    $58.69
47 John A. McFarland     Baldor Electric Co.          161,669    $21.00
48 Lloyd G. Davis        Baldor Electric Co.          148,768    $21.00
49 Eugene D. Lemon       Tyson Foods Inc.             215,539    $14.36
50 James A. Edington     Pocahontas Bancorp           228,094    $13.35
51 Francis X. Frank      Alltel Corp.                  64,173    $45.95
52 Jack Fleischauer      Regions Financial             76,688    $37.85
                         Corp.
53 James I. Freeman      Dillard's Inc. Class         176,407    $15.44
                         A
54 Clete Brewer          Edgewater Technology         531,240     $5.08
55 A. J. Baltz           Pocahontas Bancorp           197,252    $13.35
56 Dwayne Powell         Pocahontas Bancorp           189,000    $13.35
57 Ralph P. Baltz        Pocahontas Bancorp           179,294    $13.35
58 Danny Criner          Bank of the Ozarks            54,910    $42.97
                         Inc.
59 Emon A. Mahony Jr.    Alltel Corp.                  51,131    $45.95
60 Jerry D. Orler        USA Truck Inc.               212,651    $11.03
61 David Loeffler        Arkansas Best Corp.           62,184    $34.27
62 Les R. Baledge        Tyson Foods Inc.             146,579    $14.36
63 Steven Hankins        Tyson Foods Inc.             141,609    $14.36
64 Steven A. Cosse       Murphy Oil Corp.              34,134    $58.69
65 Kennith Smith         Bank of the Ozarks            45,840    $42.97
                         Inc.
66 Paul Moore            Bank of the Ozarks            44,107    $42.97
                         Inc.
67 Dennis E. Foster      Alltel Corp.                  40,143    $45.95
68 E. Lynn Scott         Brass Eagle Inc.             158,582     $9.59
69 Bobby D. Ralston      J.B. Hunt Transport           52,354    $27.25
                         Services Inc.
70 Jefferson W. Asher    Baldor Electric Co.           64,384    $21.00
   Jr.
71 Enoch L. Dawkins      Murphy Oil Corp.              22,546    $58.69
72 Henry Mariani         Bank of the Ozarks            30,000    $42.97
                         Inc.
73 Robert East           Bank of the Ozarks            29,800    $42.97
                         Inc.
74 Gene J. Hagedorn      Baldor Electric Co.           54,273    $21.00
75 Sherri R. Billings    First Federal                 29,168    $38.45
                         Bancshares of
                         Arkansas
76 John N. Roberts       J.B. Hunt Transport           40,000    $27.25
                         Services
77 Tommy W.              First Federal                 26,576    $38.45
   Richardson            Bancshares of
                         Arkansas

                           Company
   Name                  Investment              Value of Stock

1  Welton Family         Wal-Mart Stores Inc.   $99,722,505,761
                         Leggett & Platt Inc.        $4,945,748
2  Tyson Family          Tyson Foods Inc.        $1,448,185,322
                         Class B
                         Tyson Foods Inc.           $50,733,593
                         Class A
3  Murphy Family         Murphy Oil Corp.          $669,940,481
                         Deltic Timber Corp.        $92,301,746
                         BancorpSouth               $27,338,995
                         Entergy Corp.                  $50,654
4  Stephens Family       Alltel Corp.              $579,777,250
                         Power-One Inc.             $66,659,449
                         Delta & Pine Land          $49,737,264
                         Co.
                         Vascular Solutions         $11,677,350
                         Inc.
                         Eden Bioscience             $9,653,394
                         Corp.
                         Sangamo Biosciences         $6,450,022
                         Inc.
                         Foamex International        $5,536,236
                         Inc.
                         Energy Exploration          $3,817,768
                         Technologies Inc.
                         Dillard's Inc.                 $15,440
5  J.B. Hunt Family      J.B. Hunt Transport       $468,035,318
                         Services Inc.
6  Frank Lyon Jr.        US Bancorp                $390,841,782
   Family
7  Jack Shewmaker        Wal-Mart Stores Inc.      $192,252,509
8  David D. Glass        Wal-Mart Stores Inc.      $172,330,092
9  F.S. "Sheridan"       FedEx Corp.               $137,869,032
   Garrison Family       Energizer Holdings             $83,316
                         Corp.
10 E. Wayne Garrison     J.B. Hunt Transport       $109,413,928
                         Services Inc.
11 George Gleason        Bank of the Ozarks        $101,076,999
   Family                Inc.
12 William Dillard       Dillard's Inc. Class       $61,540,381
   Family                B
                         Dillard's Inc. Class       $27,565,650
                         A
                         Acxiom Corp.                $5,472,360
13 Robert A. Young       Arkansas Best Corp.        $74,412,850
   III
14 Joe T. Ford Family    Alltel Corp.               $72,714,496
                         Textron Inc.                  $665,628
                         Dial Corp.                    $24,6701
                         Enpro Industries               $99,500
                         Inc.
15 Charles D. Morgan     Acxiom Corp.               $58,213,615
   Jr.
16 Leland Tollett        Tyson Foods Inc.           $40,835,231
17 H. Lee Scott Jr.      Wal-Mart Stores Inc.       $40,853,686
18 Roland S. Boreham     Baldor Electric Co.        $33,066,264
   Jr.                   USA Truck Inc.                $209,570
19 Rodger S. Kline       Acxiom Corp.               $31,736,092
20 Fred C. Ballman       Baldor Electric Co.        $30,710,127
   estate
21 Joe F. Starr          Tyson Foods Inc.           $29,564,842
22 Thomas M. Coughlin    Wal-Mart Stores Inc.       $28,060,233
23 Robert M. Powell      USA Truck Inc.             $22,636,869
24 James T. Womble       Acxiom Corp.               $18,747,061
25 James B. Speed        USA Truck Inc.             $18,566,424
26 Gene George Family    J.B. Hunt Transport        $17,115,371
                         Services Inc.
27 Richard L. Bond       Tyson Foods Inc.           $15,610,081
28 Donald Wray           Tyson Foods Inc.           $12,935,904
29 John B. Menaer        Wal-Mart Stores Inc.       $10,639,427
30 Greg W. Lee           Tyson Foods Inc.           $10,335,308
31 Mark Ross             Bank of the Ozarks          $9,998,560
                         Inc.
32 Jon E.M. Jacoby       Power-One Inc.              $4,416,223
                         Delta & Pine Land           $3,246,989
                         Co.
                         Vascular Solutions          $1,732,962
                         Inc.
                         Sangamo Biosciences           $452,823
                         Inc.
33 Majorie Brooks        AERT Class A                $6,673,915
   Family                AERT Class S                $1,852,437
34 David E.              Arkansas Best Corp.         $8,375,691
   Stubblefield
35 Paul R. Bergant       J.B. Hunt Transport         $8,169,768
                         Services Inc.
37 Kirk Thompson         J.B. Hunt Transport         $6,818,986
                         Services Inc.
37 W.C. "Cal" Partee     BancorpSouth                $6,736,789
   Family
38 Robert W. Weaver      P.A.M. Transporta-          $5,957,788
                         tion Services Inc.
39 C. Alex Dietz         Acxiom Corp.                $5,352,723
40 Jerry A. Yarbrough    Arkansas Best Corp.         $4,994,133
41 R.L. Qualls           Baldor Electric Co.         $4,214,847
                         Bank of the Ozarks            $180,474
                         Inc.
42 Jerry Walton          J.B. Hunt Transport         $3,979,100
                         Services Inc.
43 Larry J. Brandt       First Federal               $3,788,478
   Family                Bancshares of
                         Arkansas
44 William R. Floyd      Beverly Enterprises         $3,578,512
                         Inc.
45 J. Thomas May         Simmons Fist                $3,452,193
                         National Corp.
46 Herbert A. Fox        Murphy Oil Corp.            $3,408,187
47 John A. McFarland     Baldor Electric Co.         $3,395,049
48 Lloyd G. Davis        Baldor Electric Co.         $3,124,128
49 Eugene D. Lemon       Tyson Foods Inc.            $3,095,140
50 James A. Edington     Pocahontas Bancorp          $3,045,055
51 Francis X. Frank      Alltel Corp.                $2,948,749
52 Jack Fleischauer      Regions Financial           $2,902,641
                         Corp.
53 James I. Freeman      Dillard's Inc. Class        $2,723,724
                         A
54 Clete Brewer          Edgewater Technology        $2,698,699
55 A. J. Baltz           Pocahontas Bancorp          $2,633,314
56 Dwayne Powell         Pocahontas Bancorp          $2,523,150
57 Ralph P. Baltz        Pocahontas Bancorp          $2,393,575
58 Danny Criner          Bank of the Ozarks          $2,359,483
                         Inc.
59 Emon A. Mahony Jr.    Alltel Corp.                $2,349,469
60 Jerry D. Orler        USA Truck Inc.              $2,345,541
61 David Loeffler        Arkansas Best Corp.         $2,131,046
62 Les R. Baledge        Tyson Foods Inc.            $2,104,874
63 Steven Hankins        Tyson Foods Inc.            $2,033,505
64 Steven A. Cosse       Murphy Oil Corp.            $2,003,324
65 Kennith Smith         Bank of the Ozarks          $1,969,745
                         Inc.
66 Paul Moore            Bank of the Ozarks          $1,895,278
                         Inc.
67 Dennis E. Foster      Alltel Corp.                $1,844,571
68 E. Lynn Scott         Brass Eagle Inc.            $1,520,801
69 Bobby D. Ralston      J.B. Hunt Transport         $1,426,646
                         Services Inc.
70 Jefferson W. Asher    Baldor Electric Co.         $1,352,064
   Jr.
71 Enoch L. Dawkins      Murphy Oil Corp.            $1,323,225
72 Henry Mariani         Bank of the Ozarks          $1,289,100
                         Inc.
73 Robert East           Bank of the Ozarks          $1,280,506
                         Inc.
74 Gene J. Hagedorn      Baldor Electric Co.         $1,139,733
75 Sherri R. Billings    First Federal               $1,121,510
                         Bancshares of
                         Arkansas
76 John N. Roberts       J.B. Hunt Transport         $1,090,000
                         Services
77 Tommy W.              First Federal               $1,021,847
   Richardson            Bancshares of
                         Arkansas

Source: U.S. Securities and Exchange Commission filings. Shares owned
do not include stock options, exercisable or unexercisable.

Research by John Henry and Gwen Moritz