X0202 4 2005-10-17 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 2100511 D Class A Common Stock 422956 I Trustee, Charitable Remainder Unitrust Class A Common Stock 84464 I Trustee, GRAT #1 Class A Common Stock 71735 I Trustee, GRAT #2 Class A Common Stock 1221842 I Brothers Investment Company Class A Common Stock 444212 I Milburn Investment Company Class A Common Stock 1134898 I Custodian Class B Common Stock 2005-10-17 4 P 0 5000 17.00 A 61505 I Custodian Class A Common Stock 100 I Spouse (deceased) Class A Common Stock 370699 I Trustee, GRAT #3 Class A Common Stock 319977 I Trustee, GRAT #4 2,100,511 shares of Class A common stock are held by Katherine McKay Belk and/or Katherine McKay Belk Trust dated November 6, 2000, Reporting Person's grantor trust. 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. 422,956 shares of Class A common stock are held by Katherine McKay Belk Cook Charitable Remainder Unitrust. Reporting Person is the Trustee. 84,464 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. 71,735 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. 1,221,842 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. 1,134,898 shares of Class A common stock are held by Reporting Person as custodian of her minor grandchildren. 5,000 shares of Class B common stock were purchased by Reporting Person as custodian of her minor grandchildren at $17.00 per share. 61,505 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. 370,699 shares of Class A common stock are held by Katherine McKay Belk Cook Grantor Retained Annuity Trust Number Three dated October 4, 2004. Reporting Person is the Trustee. 319,977 shares of Class A common stock are held by Katherine McKay Belk Cook Grantor Retained Annuity Trust Number Four dated October 4, 2004. Reporting Person is the Trustee. Katherine McKay Belk by Betty F. Buchanan, P.A. 2005-10-17