X0202 4 2002-12-31 0000878520 SWS GROUP INC SWS 0001249607 BUCHHOLZ DON A 1201 ELM STREET SUITE 3500 DALLAS TX 75270 1 Common Stock $.10 Par Value 2002-12-31 4 G 0 11275 0 D 118879 I Family Partnership Common Stock $.10 Par Value 2003-12-17 4 G 0 7700 0 D 111179 I Family Partnership Common Stock $.10 Par Value 2004-12-22 4 G 0 7425 0 D 103754 I Family Partnership Common Stock $.10 Par Value 2005-11-01 4 G 0 8800 0 D 94954 I Family Partnership Common Stock $.10 Par Value 2006-11-09 4 G 0 4895 0 D 90059 I Family Partnership Common Stock $.10 Par Value 116701 D 2.05% ownership of Union Hill Holdings, LTD disposed of by gift to grandchildren?s trusts. Family Partnerships include 21,254 for 1/3 of Union Hill Investments and 97,625 for 17.75% of Union Hill Holdings, Ltd. 1.4% ownership of Union Hill Holdings, LTD disposed of by gift to grandchildren?s trusts. Family Partnerships include 21,254 for 1/3 of Union Hill Investments and 89,925 for 16.35% of Union Hill Holdings, Ltd. 1.35% ownership of Union Hill Holdings, LTD disposed of by gift to grandchildren?s trusts. Family Partnerships include 21,254 for 1/3 of Union Hill Investments and 82,500 for 15% of Union Hill Holdings, Ltd. 1.6% ownership of Union Hill Holdings, LTD disposed of by gift to grandchildren?s trusts. Family Partnerships include 21,254 for 1/3 of Union Hill Investments and 73,700 for 13.4% of Union Hill Holdings, Ltd. .89% ownership of Union Hill Holdings, LTD disposed of by gift to grandchildren?s trusts. Family Partnerships include 21,254 for 1/3 of Union Hill Investments and 68,805 for 12.51% of Union Hill Holdings, Ltd. Allen R. Tubb, Power of Attorney 2006-12-05