4 2003-06-24 0 0000102426 BOULDER GROWTH & INCOME FUND BIF 0001091477 ERNEST HOREJSI TRUST NO 1B 0 0 1 0 Common Stock 2003-06-24 4 S 0 2000 4.88 D 2435800 D Common Stock 2003-06-24 4 S 0 3000 4.88 D 2432800 D Common Stock 2003-06-24 4 S 0 1000 4.89 D 2431800 D Common Stock 2003-06-24 4 S 0 2000 4.89 D 2429800 D Common Stock 2003-06-24 4 S 0 2000 4.89 D 2427800 D Common Stock 2003-06-24 4 S 0 2400 4.89 D 2425400 D Common Stock 2003-06-24 4 S 0 300 4.89 D 2425100 D Common Stock 2003-06-24 4 S 0 500 4.89 D 2424600 D Common Stock 2003-06-24 4 S 0 500 4.89 D 2424100 D Common Stock 2003-06-24 4 S 0 200 4.89 D 2423900 D Common Stock 2003-06-24 4 S 0 500 4.89 D 2423400 D Common Stock 2003-06-24 4 S 0 600 4.89 D 2422800 D Common Stock 2003-06-24 4 S 0 2000 4.9 D 2420800 D Common Stock 2003-06-24 4 S 0 800 4.9 D 2420000 D Common Stock 2003-06-24 4 S 0 1000 4.9 D 2419000 D Common Stock 2003-06-24 4 S 0 1000 4.9 D 2418000 D Common Stock 2003-06-24 4 S 0 200 4.9 D 2417800 D Common Stock 2003-06-24 4 S 0 4000 4.91 D 2413800 D Common Stock 2003-06-24 4 S 0 700 4.91 D 2413100 D Common Stock 2003-06-24 4 S 0 300 4.91 D 2412800 D Common Stock 2003-06-24 4 S 0 100 4.92 D 2412700 D Common Stock 2003-06-24 4 S 0 1500 4.92 D 2411200 D Common Stock 2003-06-24 4 S 0 2000 4.92 D 2409200 D Common Stock 2003-06-24 4 S 0 1400 4.92 D 2407800 D Common Stock 2003-06-24 4 S 0 1000 4.93 D 2406800 D The trustees of the Ernest Horejsi Trust No. 1B ("the Trust") are Badlands Trust Company ("Badlands"), Susan Ciciora and Larry Dunlap. Such trustees may be deemed to control the Trust and may be deemed to possess indirect beneficial ownership of the Shares held by the Trust. However, none of the trustees, acting alone, can vote or exercise dispositive authority over Shares held by the Trust. Accordingly, Badlands, Ms. Ciciora and Mr. Dunlap disclaim beneficial ownership of the Shares beneficially owned, directly or indirectly, by the Trust. As a result of his advisory role with the Trust, Stewart R. Horejsi may be deemed to have indirect beneficial ownership over the Shares directly beneficially owned by the Trust. However, Mr. Horejsi disclaims beneficial ownership of the Shares directly beneficially held by the Trust. Stephen C. Miller, Vice President, Badlands Trust Company, Trustee 2003-06-26