X0202 4 2007-11-14 0 0000037008 Winthrop Realty Trust FUR 0001214344 BERKOWITZ BRUCE R 1001 BRICKELL BAY DRIVE SUITE 3112 MIAMI FL 33131 1 0 0 0 Common Shares of Beneficial Interest 2007-11-14 4 P 0 22900 5.11 A 2151252.2 I see Common Shares of Beneficial Interest 2007-11-15 4 P 0 2100 5.01 A 2153352.2 I see Amount consists of (i) 42,122 common shares owned directly by Mr. Berkowitz and (ii) 2,111,230.2 common shares owned by investment funds in which Fairholme Capital Management, LLC is either the managing member, the general partner or investment manager. Mr. Berkowitz is managing member of Fairholme Capital Management, LLC. In addition to the foregoing, Fairholme Ventures II, LLC holds 400,000 of the Issuer's Series B-1 Preferred Shares which are convertible into 2,222,222 of the Issuer's common shares of beneficial interest Furthermore, Mr. Berkowitz and Fairholme Capital Management have disavowed management and supervision with respect to 570,396.7 shares of common stock held in the separate accounts of advisory clients, and, accordingly, Mr. Berkowitz and Fairholme Capital Management do not attribute such shares. Bruce R. Berkowitz 2007-11-15