X0202 4 2004-06-09 0 0001051771 BELK INC NONE 0001247897 BELK KATHERINE MCKAY 2801 WEST TYVOLA ROAD CHARLOTTE NC 28217-4500 0 0 1 0 Class A Common Stock 2004-06-09 4 J 0 25578.0000 0 A 2683791.0000 D Class A Common Stock 2004-06-09 4 J 0 2300.0000 0 D 435240.0000 I Trustee, Charitable Remainder Unitrust Class A Common Stock 2004-06-09 4 J 0 9292.0000 0 D 91856.0000 I Trustee, GRAT #1 Class A Common Stock 2004-06-09 4 J 0 13986.0000 0 D 82324.0000 I Trustee, GRAT #2 Class A Common Stock 1498842.0000 I Brothers Investment Company Class A Common Stock 444212.0000 I Milburn Investment Company Class A Common Stock 1221114.0000 I Custodian Class B Common Stock 38175.0000 I Custodian Class A Common Stock 100.0000 I Spouse (deceased) 25,578 shares of Class A common stock were received by Reporting Person and transferred to Katherine McKay Belk Trust dated November 6, 2000, Reporting Person's grantor trust. 2,683,791 shares of Class A common stock are held by Katherine McKay Belk Trust dated November 6, 2000. Voting and investment power is vested in Katherine McKay Belk, Thomas M. Belk, Jr., H.W. McKay Belk, John R. Belk and Katherine Belk Morris. 2,300 shares of Class A common stock were transferred to Reporting Person from Katherine McKay Belk Cook Charitable Remainder Unitrust dated 11/1/02. 435,240 shares of Class A common stock are held by Katherine McKay Belk Cook Charitable Remainder Unitrust. Reporting Person is the Trustee. 9,292 shares of Class A common stock were transferred to Reporting Person from Katherine McKay Belk Cook Grantor Retained Annuity Trust Number One dated November 14, 2002. 91,856 shares of Class A common stock are held by Katherine McKay Belk Cook Grantor Retained Annuity Trust Number One dated November 14, 2002. Reporting Person is the Trustee. 13,986 shares of Class A common stock were transferred to Reporting Person from Katherine McKay Belk Cook Grantor Retained Annuity Trust Number Two dated November 14, 2002. 82,324 shares of Class A common stock are held by Katherine McKay Belk Cook Grantor Retained Annuity Trust Number Two dated November 14, 2002. Reporting Person is the Trustee. 1,498,842 shares of Class A common stock are held by Brothers Investment Company, which corporation is equally owned by John M. Belk and the heirs of Thomas M. Belk. Voting and investment power is shared by John M. Belk, Katherine McKay Belk, Thomas M. Belk, Jr., H.W. McKay Belk, John R. Belk and Katherine Belk Morris. 444,212 shares of Class A common stock are held by Milburn Investment Company. Voting and investment power is shared by Katherine McKay Belk, Thomas M. Belk, Jr., H.W. McKay Belk, John R. Belk and Katherine Belk Morris. 1,221,114 shares of Class A common stock are held by Reporting Person as custodian of her minor grandchildren. 38,175 shares of Class B common stock are held by Reporting Person as custodian of her minor grandchildren. 100 shares of Class A common stock are held in the name of Reporting Person's husband (deceased), James Fielder Cook. Katherine McKay Belk by Betty F. Buchanan, P.A. 2004-06-09