First Nebraska Trust

First Nebraska Trust as of Sept. 30, 2008

Portfolio Holdings for First Nebraska Trust

First Nebraska Trust holds 76 positions in its portfolio as reported in the September 2008 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
SYSCO Corporation (SYY) 48.1 $94M 3.1M 30.83
Wells Fargo & Company (WFC) 4.1 $7.9M 211k 37.53
Exxon Mobil Corporation (XOM) 3.1 $6.0M 77k 77.66
Berkshire Hathaway Inc Del CL B 3.0 $5.8M 1.3k 4395.00
Varian Medical Systems 2.5 $4.8M 84k 57.13
Us Bancorp Del Com New (USB) 2.2 $4.2M 118k 36.02
General Electric Company 1.9 $3.6M 142k 25.50
Microsoft Corporation (MSFT) 1.7 $3.4M 126k 26.69
Colgate-Palmolive Company (CL) 1.6 $3.1M 42k 75.35
Disney Walt Com Disney (DIS) 1.6 $3.1M 101k 30.69
Johnson & Johnson (JNJ) 1.6 $3.1M 44k 69.28
Clorox Company (CLX) 1.4 $2.7M 44k 62.69
Medtronic 1.4 $2.7M 54k 50.10
Chevron Corporation (CVX) 1.4 $2.6M 32k 82.48
Cardinal Health (CAH) 1.3 $2.5M 50k 49.28
Paychex (PAYX) 1.2 $2.4M 72k 33.03
Applied Materials (AMAT) 1.2 $2.4M 156k 15.13
Wal-Mart Stores (WMT) 1.2 $2.3M 38k 59.89
Pfizer (PFE) 1.1 $2.2M 121k 18.44
Intel Corporation (INTC) 1.1 $2.2M 117k 18.73
Cisco Systems (CSCO) 1.1 $2.2M 96k 22.56
Marathon Oil Corporation (MRO) 1.1 $2.1M 52k 39.87
Ingersoll-rand Company Cl A 1.0 $2.0M 65k 31.17
Newell Rubbermaid (NWL) 1.0 $2.0M 113k 17.26
Windstream Corporation 0.9 $1.7M 158k 10.94
Western Union Company (WU) 0.8 $1.5M 60k 24.67
Home Depot (HD) 0.8 $1.5M 57k 25.89
ConAgra Foods (CAG) 0.7 $1.3M 68k 19.46
JPMorgan Chase & Co. (JPM) 0.6 $1.3M 27k 46.70
Ishares Tr Msci Eafe Etf (EFA) 0.5 $1.1M 19k 56.30
Trinity Industries (TRN) 0.5 $979k 38k 25.73
International Business Machines (IBM) 0.5 $953k 8.2k 116.96
Honeywell International 0.5 $928k 22k 41.55
Texas Instruments Incorporated (TXN) 0.4 $839k 39k 21.50
Schlumberger (SLB) 0.4 $833k 11k 78.09
Becton, Dickinson and (BDX) 0.4 $805k 10k 80.26
Lowe's Companies (LOW) 0.4 $750k 32k 23.69
Oracle Corporation (ORCL) 0.4 $732k 36k 20.31
Motorola 0.3 $563k 79k 7.14
Hewlett-Packard Company 0.3 $540k 12k 46.24
Dell 0.3 $510k 31k 16.48
E.I. du Pont de Nemours & Company 0.3 $502k 13k 40.30
ConocoPhillips (COP) 0.3 $489k 6.7k 73.25
Merck & Co 0.2 $471k 15k 31.56
Travelers Companies (TRV) 0.2 $466k 10k 45.20
Procter & Gamble Company (PG) 0.2 $460k 6.6k 69.69
Plum Creek Timber 0.2 $439k 8.8k 49.86
Air Products & Chemicals (APD) 0.2 $438k 6.4k 68.49
Coca-Cola Company (KO) 0.2 $409k 7.7k 52.88
Pepsi (PEP) 0.2 $383k 5.4k 71.27
Public Storage (PSA) 0.2 $378k 3.8k 99.01
Bristol Myers Squibb (BMY) 0.2 $340k 16k 20.85
Royal Dutch Shell Spons Adr A 0.2 $312k 5.3k 59.01
Walgreen Company 0.2 $296k 9.5k 30.96
Eli Lilly & Co. (LLY) 0.2 $295k 6.7k 44.03
Ida (IDA) 0.1 $292k 10k 29.09
Efj 0.1 $284k 227k 1.25
Principal Financial (PFG) 0.1 $283k 6.5k 43.49
Stewart Enterprises Cl A 0.1 $269k 34k 7.86
Zions Bancorporation (ZION) 0.1 $263k 6.8k 38.70
Berkshire Hathaway Inc Del Cl A (BRK.A) 0.1 $261k 2.00 130600.00
Union Pacific Corporation (UNP) 0.1 $252k 3.5k 71.16
Boston Scientific Corporation (BSX) 0.1 $245k 20k 12.27
At&t (T) 0.1 $244k 8.7k 27.92
Equity Residential Sh Ben Int (EQR) 0.1 $229k 5.2k 44.41
Medco Health Solutions 0.1 $215k 4.8k 45.00
Citi 0.1 $211k 10k 20.51
Mfs Charter Income Tr Sh Ben Int 0.1 $149k 20k 7.35
American Strategic Income Portfolio III 0.0 $91k 11k 8.48
Hyperion Brkfld Total Ret 0.0 $87k 18k 4.72
Dreyfus Municipal Income 0.0 $83k 12k 7.01
BlackRock Income Trust 0.0 $80k 15k 5.50
Western Asset Managed High Incm Fnd 0.0 $66k 15k 4.47
American Intl Group 0.0 $64k 19k 3.33
Morgan Stanley High Yield 0.0 $49k 12k 4.10
Washington Mutual 0.0 $1.2k 15k 0.08