Kaneb Services LLC Watch

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Kaneb Services LLC Gabelli Securities, Inc. Gabelli Associates Fund II 7/01/05 5,000- 43.3100 Gabelli Associates Fund 7/01/05 116,600- 43.3100 Gabelli Associates Ltd 7/01/05 128,600- 43.3100 6/17/05 700 43.2343 Mjg Associates, Inc. Gabelli International Ltd 7/01/05 5,000- 43.3100 6/15/05 6,000- 43.2800 Gabelli Fund, Ldc 7/01/05 1,000- 43.3100 Gamco Investors, Inc. 7/01/05 135,000- 43.3100 7/01/05 291,702- 43.3100 6/23/05 1,000- 43.2800 6/17/05 16,100 43.2531 6/14/05 1,500- 43.1800 6/08/05 1,100- 43.1664 6/02/05 5,000 43.2100 5/27/05 1,300- 42.8923 5/26/05 3,000- 42.8700 5/25/05 800- 42.7488 5/23/05 1,000 42.7500 5/20/05 3,000- 42.7667 Ggcp, Inc. 7/01/05 55,300- 43.3100 6/28/05 9,400 43.2600 6/27/05 300 43.2600 6/24/05 5,000 43.2600 6/23/05 20,500 43.2600 6/22/05 13,000 43.2600 6/21/05 4,200 43.2600 6/20/05 2,800 43.2600 6/20/05 2,800- 43.2600 6/20/05 2,900 43.2783 Gabelli Funds, LLC. Global Utility & Income Trust Arb 7/01/05 18,000- 43.3100 Gabelli Utility Trust 7/01/05 26,000- 43.3100 Gabelli Utility Fund 7/01/05 50,000- 43.3100 6/09/05 5,000 43.2000 Gabelli Dividend & Income Trust 7/01/05 140,000- 43.3100 6/08/05 14,000 43.1988 Gabelli Convertible Fund 7/01/05 33,000- 43.3100 Gabelli Abc Fund 7/01/05 240,000- 43.3100 (1) the Dispositions on 7/01/05 Were in Connection With the Acquisition Described in Item 5 of This Amendment to Schedule 13d. Under the Terms of the Acquisition, the Issuer's Shareholders Received $43.31 in Cash for Each SHARE.UNLESS Otherwise Indicated, All Other Transactions Were Effected on the NYSE. (2) Price Excludes Commission

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Kaneb Services LLC Mjg Associates, Inc. 4/04/05 4,000- 42.6573 Gamco Investors, Inc. 5/18/05 1,900- 42.5600 5/18/05 1,000 42.4929 5/16/05 2,000 42.5350 5/13/05 2,500- *Do 5/12/05 2,900 42.5514 5/04/05 4,000 42.6950 5/03/05 600 42.7300 5/02/05 1,000 42.9000 4/28/05 10,000 42.8634 4/27/05 1,700- 42.8076 4/26/05 1,000 43.2000 4/20/05 1,400- 43.0236 4/12/05 1,000- 43.1100 4/06/05 2,100 42.6990 3/22/05 4,000- 42.7358 Gsi, Inc. Gabelli Associates Ltd 5/18/05 2,200 42.4929 4/12/05 1,200- 43.1100 4/07/05 5,000- 42.9357 3/22/05 2,600- 42.7358 Gabelli Associates Fund II 5/18/05 1,000 42.4929 Gabelli Associates Fund 5/18/05 2,800 42.4929 4/12/05 1,200- 43.1100 4/07/05 2,000- 42.9357 3/22/05 2,000- 42.7358 Gabelli Funds, LLC. Gabelli Utility Trust 5/18/05 15,200 42.4793 5/09/05 2,000 42.8500 4/26/05 6,100 43.2434 Gabelli Dividend & Income Trust 5/06/05 17,700 42.7695 5/02/05 10,000 42.9000 Gabelli Abc Fund 5/09/05 2,000 42.8800 (1) Unless Otherwise Indicated, All Transactions Were Effected on the NYSE. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Kaneb Services LLC Mjg Associates, Inc. 1/03/05 1,000- 43.1900 1/03/05 2,000- *Do 11/05/04 2,000 *DI Gabelli International Ltd 1/03/05 1,000 43.1900 Gamco Investors, Inc. 1/31/05 5,000 42.9996 1/31/05 2,600 42.9988 1/05/05 1,500 43.1660 1/04/05 7,500 43.1167 12/27/04 17,300- 43.1800 12/23/04 1,400 43.1500 12/23/04 6,000- 43.1900 12/22/04 10,000 43.3334 12/22/04 3,000 43.3000 12/21/04 2,400 43.3000 12/17/04 2,600 43.1446 12/16/04 2,000 43.1500 12/15/04 3,000 43.1787 12/14/04 1,000 43.1400 12/14/04 4,600- 43.0900 12/14/04 2,000 43.1200 12/13/04 4,800 43.1367 12/10/04 1,700 43.1953 12/09/04 1,500 43.1200 12/08/04 1,900 43.1168 12/07/04 9,000 43.1000 12/07/04 7,000 43.0943 12/06/04 12,000 43.0549 Gabelli Securities, Inc. Gabelli Associates Ltd 12/14/04 1,400- 43.0900 Gabelli Funds, LLC. Gabelli Utility Fund 1/20/05 5,000 43.3000 12/22/04 12,000 43.3313 12/20/04 3,000 43.2973 12/07/04 5,400 43.0985 Gabelli Dividend & Income Trust 1/07/05 15,000 43.2400 1/04/05 3,900 43.1100 12/27/04 100 43.1500 Gabelli Convertible Fund 1/07/05 3,700 43.2500 12/20/04 1,300 43.2500 12/13/04 13,800 43.2000 Gabelli Abc Fund 1/24/05 5,000 43.3300 (1) Unless Otherwise Indicated, All Transactions Were Effected on the NYSE. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Kaneb Services LLC Gamco Investors, Inc. 12/02/04 2,000 43.0490 12/02/04 15,400 43.0382 12/02/04 1,000 43.0300 12/02/04 2,000 43.0200 12/02/04 900 43.0500 12/01/04 1,100 43.0300 12/01/04 2,000 43.0500 12/01/04 1,000 43.0800 12/01/04 17,600 43.0593 11/30/04 1,000 43.0000 11/30/04 1,000 43.0180 11/26/04 300 43.0500 11/18/04 6,000 42.8500 11/18/04 2,000 42.9000 11/16/04 1,400 42.7800 11/16/04 24,600 42.8188 Gabelli Funds, LLC. Gabelli Utility Trust 12/02/04 2,700 43.0000 Gabelli Utility Fund 11/24/04 3,600 43.0500 11/23/04 16,000 42.9963 Gabelli Dividend & Income Trust 11/24/04 37,400 43.0473 11/23/04 8,600 42.9587 11/22/04 25,000 42.9360 Gabelli Convertible Fund 11/30/04 1,100 43.0000 11/19/04 4,500 42.9400 Gabelli Abc Fund 11/29/04 3,000 42.9933 11/19/04 14,000 42.9400 Global Utility & Income Trust 11/23/04 4,000 42.9587 (1) Unless Otherwise Indicated, All Transactions Were Effected on the NYSE. (2) Price Excludes Commission

from 8-A12B/A 4 pages First Amendment to Rights Agreement

from 8-A12B ~50 pages Rights Agreement