X0202 4 2005-07-01 0 0000748580 MAXUS REALTY TRUST INC MRTI 0001099356 JOHNSON DAVID L 104 ARMOUR ROAD NORTH KANSAS CITY MO 64116 1 1 1 0 President and CEO Common stock, par value $1.00 per share 150561 I Held jointly with spouse Common stock, par value $1.00 per share 150 I Held by minor son Common stock, par value $1.00 per share 150 I Held by minor daughter Common stock, par value $1.00 per share 150 D Limited partnership units 2005-07-01 4 J 0 30811 A 2006-07-01 Common stock, par value $1.00 per share 30811 30811 I By limited liability company Limited partnership units 2005-04-01 Common stock, par value $1.00 per share 6000 6000 I By corporation Limited partnership units 2005-04-01 Common stock, par value $1.00 per share 3621 3621 I By limited liability company The limited partnership units were issued in connection with a merger transaction of a wholly owned subsidiary of Maxus Operating Limited Partnership ("MOLP"), the operating limited partnership in the Trust's UPREIT structure, and Secured Investment Resources Fund, L.P. III ("SIR III"). In accordance with the terms of the SIR III transaction, the limited partners of SIR III that qualify as accredited investors may elect to receive MOLP units as merger consideration. The MOLP units, after a required holding period of one year, may be exchanged for shares of the Trust's common stock on a one-for-one basis or cash, at the Trust's election. No expiration date. Limited partners of SIR III qualifying as accredited investors could elect to receive their merger consideration in the form of MOLP units at a rate of one MOLP unit for $14.00 of merger consideration. The MOLP units, after a required holding period, may be exchanged for shares of the Trust's common stock on a one-for-one basis or cash, at the Trust's election. /s/ David L. Johnson 2005-09-27