_Sentinel Trust Company, LBA______________

_Sentinel Trust Company, LBA______________ as of March 31, 2011

Portfolio Holdings for _Sentinel Trust Company, LBA______________

_Sentinel Trust Company, LBA______________ holds 102 positions in its portfolio as reported in the March 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Erie Indemnity Class B 61.4 $399M 2.3k 170664.10
iShares MSCI EAFE Index Fund (EFA) 5.2 $34M 566k 60.08
Spdr S&p 500 Etf (SPY) 1.7 $11M 86k 132.59
Enterprise Products Partners (EPD) 1.5 $9.5M 220k 43.06
iShares Lehman Aggregate Bond (AGG) 1.2 $7.6M 72k 105.12
Vanguard Emerging Markets ETF (VWO) 1.2 $7.6M 155k 48.95
Partner Re 0.8 $5.5M 70k 79.23
Integrated Device Technology 0.8 $5.2M 708k 7.38
Eli Lilly & Co. (LLY) 0.7 $4.7M 134k 35.16
Chevron Corporation (CVX) 0.7 $4.4M 41k 107.49
Kroger (KR) 0.7 $4.4M 183k 23.97
Microsoft Corporation (MSFT) 0.6 $4.0M 157k 25.39
Entergy Corporation (ETR) 0.6 $3.9M 59k 67.22
Comcast Corporation (CMCSA) 0.6 $3.9M 157k 24.72
JPMorgan Chase & Co. (JPM) 0.6 $3.8M 83k 46.10
Travelers Companies (TRV) 0.6 $3.7M 63k 59.48
Raytheon Company 0.6 $3.6M 71k 50.88
Merck & Co (MRK) 0.6 $3.6M 108k 33.02
Goldman Sachs (GS) 0.5 $3.5M 22k 158.60
At&t (T) 0.5 $3.5M 115k 30.61
Time Warner Cable 0.5 $3.4M 48k 71.35
Computer Sciences Corporation 0.5 $3.5M 71k 48.74
CVS Caremark Corporation (CVS) 0.5 $3.4M 98k 34.32
Gilead Sciences (GILD) 0.5 $3.4M 80k 42.48
PowerShares S&P 500 BuyWrite Portfol ETF 0.5 $3.3M 156k 21.13
Wal-Mart Stores (WMT) 0.5 $3.1M 60k 52.04
Marathon Oil Corporation (MRO) 0.5 $3.2M 59k 53.30
Allstate Corporation (ALL) 0.5 $3.0M 95k 31.78
Abbott Laboratories (ABT) 0.4 $2.8M 56k 49.03
iShares MSCI Japan Index 0.4 $2.7M 265k 10.32
Comtech Telecomm (CMTL) 0.4 $2.7M 101k 27.22
Verizon Communications (VZ) 0.4 $2.6M 69k 38.53
Cisco Systems (CSCO) 0.4 $2.6M 152k 17.16
PowerShares Build America Bond Portfolio 0.4 $2.5M 101k 25.19
Exxon Mobil Corporation (XOM) 0.4 $2.5M 29k 84.13
Norfolk Southern (NSC) 0.4 $2.4M 35k 69.26
Intel Corporation (INTC) 0.4 $2.4M 119k 20.18
iShares Russell 2000 Growth Index (IWO) 0.3 $2.3M 24k 95.36
Medtronic 0.3 $2.2M 57k 39.35
WellPoint 0.3 $2.2M 32k 69.82
BlackRock Credit All Inc Trust II 0.3 $2.1M 216k 9.83
Apache Corporation 0.3 $2.1M 16k 130.91
Amgen (AMGN) 0.3 $2.1M 39k 53.46
Duncan Energy Partners (DEP) 0.3 $2.1M 52k 40.50
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.3 $2.1M 20k 104.43
iShares MSCI Emerging Markets Indx (EEM) 0.3 $2.0M 42k 48.66
Kohl's Corporation (KSS) 0.3 $2.0M 38k 53.02
Southwest Airlines (LUV) 0.3 $2.0M 158k 12.63
Unum (UNM) 0.3 $1.9M 73k 26.25
Forest Laboratories 0.3 $1.9M 60k 32.29
Yahoo! 0.3 $1.9M 114k 16.68
Steel Dynamics (STLD) 0.3 $1.9M 101k 18.77
Bristol Myers Squibb (BMY) 0.3 $1.8M 69k 26.43
Loews Corporation (L) 0.3 $1.7M 40k 43.09
Carnival Corporation (CCL) 0.3 $1.8M 46k 38.37
Seagate Technology Com Stk 0.3 $1.7M 118k 14.40
Morgan Stanley (MS) 0.2 $1.6M 59k 27.32
American Electric Power Company (AEP) 0.2 $1.5M 42k 35.16
Huntington Bancshares Incorporated (HBAN) 0.2 $1.4M 205k 6.64
Bank of America Corporation (BAC) 0.2 $1.3M 100k 13.32
Lowe's Companies (LOW) 0.2 $1.3M 51k 26.44
ConAgra Foods (CAG) 0.2 $1.4M 58k 23.76
Applied Materials (AMAT) 0.2 $1.3M 82k 15.61
Technology SPDR (XLK) 0.2 $1.3M 49k 26.05
Johnson & Johnson (JNJ) 0.2 $1.2M 21k 59.26
Pepsi (PEP) 0.2 $1.2M 19k 64.40
Royal Dutch Shell 0.2 $1.2M 17k 72.86
Encana Corp 0.2 $1.2M 35k 34.51
iShares NASDAQ Biotechnology Index (IBB) 0.2 $1.2M 12k 100.12
Qualcomm (QCOM) 0.2 $1.2M 21k 54.82
Cablevision Systems Corporation 0.2 $1.2M 35k 34.60
Colgate-Palmolive Company (CL) 0.2 $1.1M 14k 80.70
Vanguard Europe Pacific ETF (VEA) 0.2 $1.1M 30k 37.32
SPDR Barclays Capital Intl Tresy Bd ETF (BWX) 0.1 $995k 17k 59.83
Abercrombie & Fitch (ANF) 0.1 $904k 15k 58.71
Electronics For Imaging 0.1 $834k 57k 14.70
El Paso Pipeline Partners 0.1 $810k 22k 36.23
Magellan Midstream Partners 0.1 $781k 13k 59.89
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.1 $799k 9.5k 83.70
Williams Partners 0.1 $734k 14k 51.77
Royce Micro Capital Trust (RMT) 0.1 $745k 73k 10.24
Wells Fargo & Company (WFC) 0.1 $652k 21k 31.70
Gap (GAP) 0.1 $627k 28k 22.64
Brookfield Infrastructure Part (BIP) 0.1 $668k 30k 22.22
iShares MSCI EAFE Value Index (EFV) 0.1 $490k 9.2k 53.03
Seacor Holdings 0.1 $435k 4.7k 92.44
Dell 0.1 $446k 31k 14.51
SPDR Russell Nomura Small Cap Japan 0.1 $468k 11k 42.64
ConocoPhillips (COP) 0.1 $404k 5.1k 79.76
BP (BP) 0.1 $343k 7.8k 44.15
Cephalon 0.1 $318k 4.2k 76.10
Petrohawk Energy Corporation 0.1 $307k 13k 24.56
SPDR Gold Trust (GLD) 0.1 $317k 2.3k 139.83
AllianceBernstein Income Fund 0.1 $343k 45k 7.69
UnitedHealth (UNH) 0.0 $234k 5.2k 45.23
WisdomTree Japan SmallCap Div (DFJ) 0.0 $239k 5.6k 43.06
Frontier Communications 0.0 $278k 34k 8.22
Market Vector Russia ETF Trust 0.0 $243k 5.8k 41.57
MFS Multimarket Income Trust (MMT) 0.0 $244k 36k 6.72
Freeport-McMoRan Copper & Gold (FCX) 0.0 $223k 4.0k 55.65
TC Pipelines 0.0 $218k 4.2k 51.97
Crusader Energy Group Inc Com Stk 0.0 $0 95k 0.00