Lamar University
	Summary of Investments
			August 31, 2006		August 31, 2006
			Book Value		Market Value
	Equity Securities:
	U.S. Common Stock
	Equity Mutual Funds		3,652,234.84		5,461,360.86
	Other Equity Securities (list)
	Total Equities		3,652,234.84		5,461,360.86
	Other Investments:
	Real Estate
	Private Equity
	Annuities
	Collective Endowment Funds
	Commodities
	Collectibles
	Other - Mineral Interest		228.00		228.00
	Total Other Investments		228.00		228.00
	Debt Investments >1 year:
	U.S. Government
	U.S. Government Agency		1,202,365.16		1,204,375.92
	Mortgage Pass Throughs
	C.M.O.s
	Interest Only Strips
	Principal Only Strips
	Inverse Floaters
	Stated Maturities longer than 10 years
	PFIA Compliant C.M.O.s
	Other Asset-Backed Bonds
	Foreign Issued Obligations
	Municipal Obligations
	Corporate Obligations
	Highly Rated (AAA/AA)
	Investment Grade (A/BBB)		5,651,680.83		5,662,604.60
	NR/High Yield (<BBB)
	G.I.C’s
	Bond Mutual Funds		1,000,000.00		989,556.87
	Other (list)
	Total Debt >1 year		7,854,045.99		7,856,537.39
	Short Term Investments:
	U.S. Government
	U.S. Government Agency
	C.D.’s/B.A.’s
	A1/P1 Commercial Paper
	Repurchase Agreements
	TexPool		54,536,903.82		54,536,903.82
	Other Money Market Funds & Pools
	Bank Deposits		2,422,237.77		2,422,237.77
	Cash Held at State Treasury		5,493,632.19		5,493,632.19
	Other (list)
	Total Short Term Investments		62,452,773.78		62,452,773.78
	TOTAL INVESTMENTS:		73,959,282.61		75,770,900.03