<PAGE>
EXHIBIT 99
WINTHROP RESIDENTIAL ASSOCIATES III, A LIMITED PARTNERSHIP
----------------------------------------------------------
FORM 10-QSB SEPTEMBER 30, 2000
------------------------------
Supplementary information required pursuant to section 9.4 of the partnership
agreement:
1. Statement of Cash Available for Distribution for the three months ended
September 30, 2000:
Net Income $ 35,000
Add: Depreciation 47,000
Less: Cash to reserves (55,000)
-----------
Cash Available for Distribution $ 27,000
===========
Distributions allocated to General Partners 2,000
===========
Distributions allocated to Limited Partners $ 25,000
===========
2. Fees and other compensation paid or accrued by the Partnership to the
General Partners, or their affiliates, during the three months ended
September 30, 2000:
<TABLE>
<CAPTION>
Entity Receiving Form of
Compensation Compensation Amount
------------------------- ------------------------------------------- ----------------
<S> <C> <C>
General Partners Interest in Cash Available for Distribution $ 2,000
WFC Realty Co., Inc.
(Initial Limited Partner) Interest in Cash Available for Distribution $ 5
</TABLE>
12 of 12