UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 13F

                               FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: 12/31/2008

Check here if Amendment [ ] Amendment Number: ____

This Amendment          [ ] is a restatement
                        [ ] adds new holding entries

Institutional Investment Manager Filing this Report:

Name:    OLD NATIONAL TRUST COMPANY
Address: P.O. BOX 207
         EVANSVILLE, IN 47702

13F File Number: 28-02327

The institutional investment Manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name: ELLEN D SPRADLIN
Title: ASSISTANT VICE PRESIDENT
Phone: (812) 464-1496
Signature, Place, and Date of Signing:

1 EVANSVILLE, IN 01/26/2009

Report Type (Check only one)
            [X] 13F HOLDINGS REPORT
            [ ] 13F NOTICE
            [ ] 13F COMBINATION REPORT

I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934



                              FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:               0
Form 13F Information Table Entry Total:        239
Form 13F Information Table Value Total:   $539,309

List of Other Included Managers:

NONE


                                     Page 1



FORM 13F INFORMATION TABLE



                                                                 SHARES/                                       VOTING AUTHORITY
                                   TITLE                VALUE      PRN    SH/    PUT/   INVSTMT    OTHER   -----------------------
NAME OF ISSUER                   OF CLASS    CUSIP    (X $1000)   AMOUNT  PRN    CALL   DISCRTN  MANAGERS  SOLE     SHARED   NONE
--------------                   --------  ---------  ---------  -------  ---  -------  -------  --------  -------  ------  ------
                                                                                           
AFLAC INC                        COM       001055102     3003      65508  SH   SOLE       62382            SOLE               3126
AFLAC INC                        COM       001055102      275       5991  SH   OTHER       5991
AT&T INC                         COM       00206R102     1357      47625  SH   SOLE       45709            SOLE               1916
AT&T INC                         COM       00206R102      128       4482  SH   OTHER       3572            OTHER               910



                                     Page 2




                                                                                           
ABBOTT LABS                      COM       002824100      423       7927  SH   SOLE        7694            SOLE                233
ABBOTT LABS                      COM       002824100       32        600  SH   OTHER        600
AETNA INC                        COM       00817Y108      222       7800  SH   SOLE        7281            SOLE                519
AFFILIATED COMPUTER              COM       008190100      303       6596  SH   SOLE        6138            SOLE                458
AFFILIATED MANAGERS GROUP INC    COM       008252108      364       8692  SH   SOLE        4101            SOLE               4591
AIR PRODS & CHEMS INC            COM       009158106      219       4363  SH   SOLE        3800            SOLE                563
ALBANY INTL CORP CL A            COM       012348108      163      12658  SH   SOLE        7017            SOLE               5641
ALLETE INC                       COM       018522300      248       7697  SH   SOLE        4288            SOLE               3409
AMERICAN MEDICAL SYS HLDGS       COM       02744M108      137      15206  SH   SOLE        8357            SOLE               6849
AMGEN INC                        COM       031162100      275       4770  SH   SOLE        4232            SOLE                538
AMGEN INC                        COM       031162100      318       5502  SH   OTHER       5502
ANADARKO PETE CORP               COM       032511107      295       7647  SH   OTHER       7362            OTHER               285
APACHE CORP                      COM       037411105     1309      17566  SH   SOLE       16094            SOLE               1472
APACHE CORP                      COM       037411105      150       2014  SH   OTHER       2014
APPLE INC                        COM       037833100       52        604  SH   SOLE         582            SOLE                 22
APPLE INC                        COM       037833100     5788      67809  SH   OTHER      59214            OTHER              8595



                                     Page 3




                                                                                           
ARM HLDGS PLC                    FOR       042068106      438     113866  SH   SOLE      111277            SOLE               2589
ASHFORD HOSPITALITY TR           COM       044103109      109      95000  SH   SOLE       50000            SOLE              45000
AUTODESK INC                     COM       052769106     3608     183633  SH   SOLE      156439            SOLE              27194
AUTOMATIC DATA PROCESSING INC    COM       053015103      213       5425  SH   SOLE        5425
AXA                              FOR       054536107      375      16708  SH   SOLE       16322            SOLE                386
AXCELIS TECH INC                 COM       054540109       10      20430  SH   SOLE       20430
BP PLC                           FOR       055622104     2349      50265  SH   SOLE       44084            SOLE               6181
BP PLC                           FOR       055622104      754      16138  SH   OTHER       4913            OTHER             11225
BALL CORP                        COM       058498106    14505     348766  SH   SOLE       58766            SOLE             290000
BALL CORP                        COM       058498106      505      12148  SH   DEFINED    12148
BALL CORP                        COM       058498106     1285      30894  SH   OTHER      30894
BALLY TECHNOLOGIES INC           COM       05874B107      209       8703  SH   SOLE        4825            SOLE               3878
BK OF AMER CORP                  COM       060505104      440      31256  SH   SOLE       29782            SOLE               1474
BK OF AMER CORP                  COM       060505104       23       1600  SH   OTHER       1600
BARRICK GOLD CORP                FOR       067901108      217       5888  SH   SOLE        3659            SOLE               2229
BECTON DICKINSON & CO            COM       075887109     4685      68508  SH   SOLE       59651            SOLE               8857
BEST BUY INC                     COM       086516101      418      14878  SH   SOLE       14467            SOLE                411



                                     Page 4




                                                                                           
BOSTON PRIVATE FINL              COM       101119105      164      24001  SH   SOLE       13012            SOLE              10989
BOSTON SCIENTIFIC CORP           COM       101137107      144      18588  SH   SOLE       17618            SOLE                970
BRISTOL MYERS SQUIBB CORP        COM       110122108     1588      68304  SH   SOLE       65318            SOLE               2986
BRISTOL MYERS SQUIBB CORP        COM       110122108       50       2150  SH   OTHER       1350            OTHER               800
BRITISH SKY BROADCASTING GROUP   FOR       111013108      235       8287  SH   SOLE        8090            SOLE                197
BURLINGTON NORTHN SANTA FE CORP  COM       12189T104     9740     128653  SH   SOLE      114141            SOLE              14512
CVS/CAREMARK CORP                COM       126650100      569      19782  SH   SOLE       18851            SOLE                931
CA INC                           COM       12673P105      290      15650  SH   SOLE       15650
CANADIAN NATL RY CO              FOR       136375102      494      13442  SH   SOLE       13137            SOLE                305
CANON INC                        FOR       138006309      497      15818  SH   SOLE       15443            SOLE                375
CARNIVAL CORP                    FOR       143658300      620      25495  SH   SOLE       24917            SOLE                578
CARRIZO OIL & GAS INC            COM       144577103      166      10337  SH   SOLE        5733            SOLE               4604
CATERPILLAR INC                  COM       149123101      697      15602  SH   SOLE       15020            SOLE                582
CENTEX CORP                      COM       152312104      213      20033  SH   OTHER      10199            OTHER              9834
CHECKPOINT SYSTEMS INC           COM       162825103      184      18661  SH   SOLE       10342            SOLE               8319



                                     Page 5




                                                                                           
CHEVRON CORP                     COM       166764100     2107      28491  SH   SOLE       27446            SOLE               1045
CHEVRON CORP                     COM       166764100      483       6528  SH   OTHER       4628            OTHER              1900
CHICOS                           COM       168615102      117      27887  SH   SOLE       27887
CHINA LIFE INS CO                FOR       16939P106      543      11696  SH   SOLE       11420            SOLE                276
CHINA MOBILE HK LTD SP ADR       FOR       16941M109      700      13771  SH   SOLE       13442            SOLE                329
CHUBB CORP                       COM       171232101      543      10651  SH   SOLE       10085            SOLE                566
CHURCH & DWIGHT INC              COM       171340102    13369     238221  SH   SOLE      209132            SOLE              29089
CISCO SYS INC                    COM       17275R102     6184     379397  SH   SOLE      330435            SOLE              48962
CISCO SYS INC                    COM       17275R102     1480      90806  SH   OTHER      88184            OTHER              2622
CITIGROUP INC                    COM       172967101      104      15536  SH   SOLE       13080            SOLE               2456
COCA COLA CO                     COM       191216100      765      16906  SH   SOLE       16406            SOLE                500
COCA COLA CO                     COM       191216100        5        116  SH   OTHER                                           116
COCA COLA HELLENIC BOTTLING CO   FOR       1912EP104      277      19143  SH   SOLE       18701            SOLE                442
COLGATE PALMOLIVE CO             COM       194162103        7        100  SH   SOLE         100
COLGATE PALMOLIVE CO             COM       194162103      217       3160  SH   OTHER       2510            OTHER               650
COMCAST CORP                     COM       20030N101       34       2028  SH   SOLE        1053            SOLE                975



                                     Page 6




                                                                                           
COMCAST CORP                     COM       20030N101      474      28100  SH   OTHER      26324            OTHER              1776
CONOCOPHILLIPS                   COM       20825C104     7608     146881  SH   SOLE      130099            SOLE              16782
COSTCO WHSL CORP                 COM       22160K105     8607     163946  SH   SOLE      144842            SOLE              19104
COVANCE INC                      COM       222816100     4680     101681  SH   SOLE       89735            SOLE              11946
DANAHER CORP                     COM       235851102    10732     189576  SH   SOLE      166931            SOLE              22645
DEERE & CO                       COM       244199105     4921     128417  SH   SOLE      113747            SOLE              14670
DISNEY WALT CO                   COM       254687106      381      16798  SH   SOLE       15487            SOLE               1311
DISNEY WALT CO                   COM       254687106       13        590  SH   OTHER        135            OTHER               455
DOW CHEM CO                      COM       260543103      270      17922  SH   SOLE       16251            SOLE               1671
DUKE ENERGY CORP                 COM       26441C105      245      16355  SH   OTHER      14810            OTHER              1545
EARTHLINK INC                    COM       270321102      115      17000  SH   SOLE       17000
EBAY INC                         COM       278642103      180      12890  SH   OTHER      12890
ECOLAB INC                       COM       278865100     8011     227895  SH   OTHER     202052            OTHER             25843
EDISON INTL                      COM       281020107      424      13210  SH   OTHER      12572            OTHER               638
EMBRAER                          FOR       29081M102      320      19735  SH   OTHER      19292            OTHER               443
EMERSON ELEC CO                  COM       291011104     6773     184993  SH   SOLE      160739            SOLE              24254



                                     Page 7




                                                                                           
EMERSON ELEC CO                  COM       291011104      958      26162  SH   OTHER      25967            OTHER               195
ENERGYSOLUTIONS INC              COM       292756202      151      26790  SH   SOLE       14869            SOLE              11921
EXXON MOBIL CORP                 COM       30231G102    19522     244548  SH   SOLE      211018            SOLE              33530
EXXON MOBIL CORP                 COM       30231G102    14059     176112  SH   OTHER     155746            OTHER             20366
FBR CAP MKTS CORP                COM       30247C301      371      76262  SH   SOLE       40578            SOLE              35684
FPL GROUP INC                    COM       302571104      756      15025  SH   SOLE       14425            SOLE                600
FPL GROUP INC                    COM       302571104      304       6034  SH   OTHER       5634            OTHER               400
FID NATL INFORMATION SVCS INC    COM       31620M106      169      10415  SH   SOLE       10415
FIFTH THIRD BANCORP              COM       316773100       99      12012  SH   SOLE       12012
FIFTH THIRD BANCORP              COM       316773100       13       1568  SH   OTHER       1568
1ST FINL CORP                    COM       320218100     3700      90274  SH   SOLE       90274
FIRST HORIZON NATL CORP          COM       320517105      185      17513  SH   SOLE        9330            SOLE               8183
FIRST MERCHANTS CORP             COM       320817109     1605      72275  SH   SOLE        1389            SOLE              70886
FIRSTENERGY CORP                 COM       337932107      453       9328  SH   SOLE        8839            SOLE                489
FRANKLIN RES INC                 COM       354613101     7168     112388  SH   SOLE       99461            SOLE              12927
GENERAL DYNAMICS CORP            COM       369550108      549       9527  SH   SOLE        9407            SOLE                120
GENERAL DYNAMICS CORP            COM       369550108       69       1199  SH   OTHER        922            OTHER               277



                                     Page 8




                                                                                           
GEN ELEC CO                      COM       369604103     1987     122677  SH   SOLE      113913            SOLE               8764
GEN ELEC CO                      COM       369604103      476      29408  SH   OTHER      27408            OTHER              2000
GEN MILLS INC                    COM       370334104      202       3328  SH   OTHER       3328
GENZYME CORP                     COM       372917104      259       3895  SH   SOLE        3895
GILDAN ACTIVEWEAR INC            FOR       375916103      224      19011  SH   SOLE       10534            SOLE               8477
GOLDMAN SACHS                    COM       38141G104     5203      61655  SH   SOLE       53614            SOLE               8041
GRANITE CONSTRUCTION INC         COM       387328107      223       5066  SH   SOLE        2625            SOLE               2441
HARRIS CORP                      COM       413875105    11203     294431  SH   SOLE      260254            SOLE              34177
HEWLETT PACKARD CO               COM       428236103     6948     191451  SH   SOLE      162498            SOLE              28953
HEWLETT PACKARD CO               COM       428236103     3025      83366  SH   DEFINED    82786            DEFINED             580
HEXCEL CORP                      COM       428291108      197      26680  SH   SOLE       14779            SOLE              11901
HOME DEPOT INC                   COM       437076102      218       9470  SH   SOLE        9120            SOLE                350
IMS HEALTH INC                   COM       449934108      166      10950  SH   SOLE       10950
ILLINOIS TOOL WORKS              COM       452308109      228       6494  SH   SOLE        5294            SOLE               1200
INSITUFORM TECHNOLOGIES INC      COM       457667103      249      12641  SH   SOLE        7009            SOLE               5632
INTEL CORP                       COM       458140100      566      38586  SH   SOLE       37286            SOLE               1300



                                     Page 9




                                                                                           
INTEL CORP                       COM       458140100       21       1435  SH   OTHER       1435
INTL BUSINESS MACHS CORP         COM       459200101     3751      44565  SH   SOLE       42990            SOLE               1575
INTL BUSINESS MACHS CORP         COM       459200101     4869      57853  SH   DEFINED    46917            DEFINED           10936
INTL BUSINESS MACHS CORP         COM       459200101     1648      19584  SH   OTHER      18040            OTHER              1544
INTL GAME TECH                   COM       459902102     2753     231518  SH   OTHER     196225            OTHER             35293
INTERPUBLIC GROUP COS INC        COM       460690100      151      38155  SH   SOLE       38155
ISHARES                          EQU       464287234      629      25190  PRN  SOLE       24782            SOLE                408
ISHARES                          EQU       464287234        6        252  PRN  OTHER        252
ISHARES                          EQU       464287465     7931     176794  PRN  SOLE      174112            SOLE               2682
ISHARES                          EQU       464287465      584      13024  PRN  OTHER      12707            OTHER               317
ISHARES                          EQU       464287473     8638     303743  PRN  SOLE      294478            SOLE               9265
ISHARES                          EQU       464287473      270       9489  PRN  OTHER       9489
ISHARES                          EQU       464287481      996      31828  PRN  SOLE       31828
ISHARES                          EQU       464287598    15595     314927  PRN  SOLE      308998            SOLE               5929
ISHARES                          EQU       464287614     2172      58620  PRN  SOLE       58554            SOLE                 66
ISHARES                          EQU       464287655     1227      24918  PRN  SOLE       23232            SOLE                226
ISHARES                          EQU       464287655        5        105  PRN  OTHER        105            SOLE               1460



                                     Page 10




                                                                                           
ISHARES                          EQU       464287739     1239      33269  PRN  SOLE       32230            SOLE               1039
JPMORGAN CHASE & CO              COM       46625H100    12608     399870  SH   SOLE      355764            SOLE              44106
JACOBS ENGR GROUP INC            COM       469814107     7730     160701  SH   SOLE      140888            SOLE              19813
JARDEN                           COM       471109108      936      81421  SH   SOLE       19620            SOLE              61801
JOHNSON & JOHNSON                COM       478160104    20049     335098  SH   SOLE      299631            SOLE              35467
JOHNSON CTLS INC                 COM       478366107      230      12674  SH   SOLE       12079            SOLE                595
KELLY SVCS INC                   COM       488152208      185      14205  SH   SOLE        7938            SOLE               6267
KIMBERLY CLARK CORP              COM       494368103      523       9919  SH   SOLE        9094            SOLE                825
KING PHARMACEUTICALS INC         COM       495582108      139      13120  SH   SOLE       13120
KOHLS CORP                       COM       500255104      304       8397  SH   SOLE        8397
KROGER CO                        COM       501044101      643      24334  SH   SOLE       23166            SOLE               1168
L-3 COMMUNICATIONS HLDGS INC     COM       502424104      346       4695  SH   SOLE        4205            SOLE                490
LILLY ELI & CO                   COM       532457108     1319      32753  SH   SOLE       31067            SOLE                800
LILLY ELI & CO                   COM       532457108        8        200  SH   OTHER        200            SOLE                886
LOCKHEED MARTIN CORP             COM       539830109      478       5689  SH   SOLE        5357            SOLE                332
LOWE'S COMPANIES INC             COM       548661107      354      16469  SH   SOLE       14369            SOLE               2100



                                     Page 11




                                                                                           
MFA FINL INC                     COM       55272X102      248      42116  SH   SOLE       23162            SOLE              18954
MARTHA STEWART LIVING            COM       573083102      105      40352  SH   SOLE       22463            SOLE              17889
MASTEC INC                       COM       576323109      347      29983  SH   SOLE       16627            SOLE              13356
MCDONALDS CORP                   COM       580135101    14476     232764  SH   SOLE      202888            SOLE              29876
MERCK & CO INC                   COM       589331107      364      11977  SH   SOLE       11475            SOLE                502
METLIFE INC                      COM       59156R108     8633     247659  SH   SOLE      217280            SOLE              30379
METLIFE INC                      COM       59156R108       18        528  SH   DEFINED      528
MICROSOFT CORP                   COM       594918104     9069     466489  SH   SOLE      398852            SOLE              67637
MICROSOFT CORP                   COM       594918104     2297     118165  SH   OTHER     110593            OTHER              7572
MICROSEMI CORP                   COM       595137100      162      12810  SH   OTHER       7286            OTHER              5524
MONSTER WORLDWIDE INC            COM       611742107      212      17533  SH   SOLE        9055            SOLE               8478
NATL BK OF GREECE                FOR       633643408      555     145677  SH   SOLE      142302            SOLE               3375
NATIONAL FUEL GAS CO             COM       636180101      235       7489  SH   SOLE        6089            SOLE               1400
NEWMONT MNG CORP                 COM       651639106      244       6000  SH   SOLE        6000
NOKIA CORP                       FOR       654902204      724      46427  SH   SOLE       45363            SOLE               1064



                                     Page 12




                                                                                           
NOBLE                            COM       655044105     7785     158175  SH   SOLE      140810            SOLE              17365
NORTHERN TRUST CORP              COM       665859104      606      11632  SH   SOLE        9594            SOLE               2038
NOVARTIS AG                      FOR       66987V109      656      13179  SH   SOLE       12757            SOLE                422
NOVO NORDISK A/S                 FOR       670100205      973      18936  SH   SOLE       18508            SOLE                428
OCCIDENTAL PETE CORP             COM       674599105      582       9703  SH   OTHER       9275            OTHER               428
OLD NATL BANCORP                 COM       680033107    15326     843944  SH   SOLE      149734            SOLE             694210
OLD NATL BANCORP                 COM       680033107       27       1500  SH   DEFINED     1500
OLD NATL BANCORP                 COM       680033107     4126     227192  SH   OTHER     128572            OTHER             98620
ORBITAL SCIENCES CORP            COM       685564106      269      13759  SH   SOLE        7823            SOLE               5936
PNC FINL SVCS GROUP              COM       693475105      339       6919  SH   SOLE        6048            SOLE                871
PEPSIAMERICAS INC                COM       71343P200      210      10305  SH   SOLE       10305
PEPSICO INC                      COM       713448108    14382     262586  SH   SOLE      237264            SOLE              25322
PFIZER INC                       COM       717081103     1608      90781  SH   SOLE       85297            SOLE               5484
PHILIP MORRIS INTL INC           COM       718172109      895      20569  SH   SOLE       19565            SOLE               1004
POTASH CORP SASK INC             COM       73755L107      230       3144  SH   SOLE        3078            SOLE                 66
PRAXAIR INC                      COM       74005P104    10325     173943  SH   SOLE      154793            SOLE              19150



                                     Page 13




                                                                                           
PRESTIGE BRANDS HLDGS            COM       74112D101      317      30087  SH   SOLE       16668            SOLE              13419
T ROWE PRICE GROUP INC           COM       74144T108      282       7970  SH   SOLE        6770            SOLE               1200
PROCTER & GAMBLE CO              COM       742718109    15697     253907  SH   SOLE      221596            SOLE              32311
PUBLIC SERVICE ENTERPRISE GP     COM       744573106      495      16954  SH   SOLE       16100            SOLE                854
QUESTAR CORP                     COM       748356102      915      28000  SH   SOLE       28000
ROGERS COMMUNICATIONS INC        FOR       775109200      502      16690  SH   SOLE       16302            SOLE                388
SPDR TR UNIT SER 1               EQU       78462F103    15977     177052  PRN  SOLE      148536            SOLE              28516
SPDR TR UNIT SER 1               EQU       78462F103     5225      57898  PRN  OTHER      57898
SXC HEALTH SOLUTIONS CORP        FOR       78505P100      222      11901  SH   SOLE        6597            SOLE               5304
SAP AKTIENGESELLSCHAFT           FOR       803054204      736      20309  SH   SOLE       18477            SOLE               1832
SCHERING PLOUGH CORP             COM       806605101      268      15745  SH   SOLE       14806            SOLE                939
SCHLUMBERGER LTD                 COM       806857108      720      17002  SH   SOLE       16575            SOLE                427
SELECT SECTOR SPDR               COM       81369Y209      215       8094  SH   SOLE        8094
SELECT COMFORT CORP              COM       81616X103        3      11450  SH   SOLE       11450
SILICON LABORATORIES INC         COM       826919102      235       9472  SH   SOLE        5252            SOLE               4220
SIMON PPTY GROUP INC             COM       828806109      314       5916  SH   SOLE        5662            SOLE                254
SMITH & NEPHEW PLC               FOR       83175M205      396      12271  SH   SOLE       11991            SOLE                280



                                     Page 14




                                                                                           
SMITH INTL INC                   COM       832110100     4865     212523  SH   SOLE      190009            SOLE              22514
STAPLES INC                      COM       855030102      495      27604  SH   SOLE       24498            SOLE               3106
STERICYCLE INC                   COM       858912108    10463     200896  SH   SOLE      175305            SOLE              25591
STRYKER CORP                     COM       863667101     7148     178933  SH   SOLE      155755            SOLE              23178
SUNCOR ENERGY INC                FOR       867229106      195      10012  SH   SOLE        9799            SOLE                213
SYNOVUS FINL CORP                COM       87161C105      135      16300  SH   SOLE       16300
TARGET CORP                      COM       87612E106     6203     179641  SH   SOLE      154727            SOLE              24914
TELEFONICA DE ESPANA             FOR       879382208      738      10953  SH   SOLE       10692            SOLE                261
TERADYNE INC                     COM       880770102      207      49035  SH   SOLE       27187            SOLE              21848
TEVA PHARMACEUTICAL INDS LTD     FOR       881624209     1026      24099  SH   SOLE       23551            SOLE                548
THERMO FISHER SCIENTIFIC INC     COM       883556102     8831     259199  SH   SOLE      228667            SOLE              30532
3M CO                            COM       88579Y101      594      10320  SH   SOLE       10220            SOLE                100
TIME WARNER INC                  COM       887317105      367      36453  SH   SOLE       34868            SOLE               1585
TOTAL SA                         FOR       89151E109      540       9767  SH   SOLE        9550            SOLE                217
TOYOTA MOTOR CORP                FOR       892331307      464       7086  SH   SOLE        6922            SOLE                164



                                     Page 15




                                                                                           
TRAVELERS COS INC                COM       89417E109      713      15782  SH   SOLE       14977            SOLE                805
TURKCELL ILETISIM HIZMETLERI AS  FOR       900111204      663      45477  SH   SOLE       44447            SOLE               1030
US BANCORP DE NEW                COM       902973304      635      25399  SH   SOLE       22354            SOLE               3045
UNITED NATURAL FOODS INC         COM       911163103      207      11613  SH   SOLE        6450            SOLE               5163
UNITED TECH CORP                 COM       913017109     2401      44792  SH   SOLE       37594            SOLE               1920
VALSPAR CORP                     COM       920355104      184      10175  SH   SOLE       10175            SOLE               5278
VECTREN CORP                     COM       92240G101     6450     257883  SH   SOLE      253821            SOLE               4062
VANGUARD                         COM       922908769      388       8676  SH   SOLE        8676
VERIZON COMMUNICATIONS           COM       92343V104     1044      30791  SH   SOLE       29066            SOLE               1725
VODAFONE GROUP PLC               FOR       92857W209      640      31293  SH   SOLE       29846            SOLE               1447
WADDELL & REED FINL INC          COM       930059100      157      10150  SH   SOLE       10150
WALMART STORES INC               COM       931142103      584      10413  SH   SOLE       10164            SOLE                249
WALGREEN CO                      COM       931422109     4741     192162  SH   SOLE      164810            SOLE              27352
WASTE MANAGEMENT INC             COM       94106L109      259       7817  SH   SOLE        7408            SOLE                409
WELLPOINT INC                    COM       94973V107      345       8190  SH   SOLE        5748            SOLE               2442
WELLS FARGO & CO                 COM       949746101     6777     229901  SH   SOLE      203399            SOLE              26502



                                     Page 16




                                                                                           
WHIRLPOOL CORP                   COM       963320106      444      10733  SH   SOLE       10733
WYETH                            COM       983024100      316       8436  SH   SOLE        5722            SOLE               2714
XTO ENERGY INC                   COM       98385X106     7081     200752  SH   SOLE      175229            SOLE              25523
YUM BRANDS INC                   COM       988498101      901      28588  SH   OTHER      28588
ZIMMER HLDGS INC                 COM       98956P102      369       9140  SH   OTHER       8780            OTHER               360
ZORAN CORP                       COM       98975F101      244      35690  SH   OTHER      20278            OTHER             15412
COVIDIEN LTD                     FOR       G2552X108      245       6774  SH   OTHER       6774
ENDURANCE SPECIALTY HLDGS        FOR       G30397106      269       8810  SH   OTHER       8810
ACE LTD                          FOR       H0023R105      437       8267  SH   DEFINED     7836            DEFINED             431
LOGITECH INTL SA                 FOR       H50430232      611      39194  SH   DEFINED    38284            DEFINED             910



                                     Page 17