Lamar University
	Summary of Investments
			February 28, 2003		February 28, 2003
			Book Value		Market Value
	Equity Securities:
	U.S. Common Stock
	Equity Mutual Funds		3,652,234.84		4,209,009.33
	Other Equity Securities (list)
	Total Equities		3,652,234.84		4,209,009.33
	Other Investments:
	Real Estate
	Private Equity
	Annuities
	Collective Endowment Funds
	Commodities
	Collectibles
	Other (list)
	Total Other Investments		0.00		0.00
	Debt Investments >1 year:
	U.S. Government
	U.S. Government Agency
	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)
	NR/High Yield (<BBB)
	G.I.C’s
	Bond Mutual Funds
	Other (list)
	Total Debt >1 year		0.00		0.00
	Short Term Investments:
	U.S. Government
	U.S. Government Agency
	C.D.’s/B.A.’s
	A1/P1 Commercial Paper
	Repurchase Agreements
	TexPool		53,647,560.20		53,660,972.09
	Other Money Market Funds & Pools
	Bank Deposits		898,125.27		898,125.27
	Cash Held at State Treasury		1,257,189.76		1,257,189.76
	Other (list)
	Total Short Term Debt		55,802,875.23		55,816,287.12
	TOTAL INVESTMENTS:		59,455,110.07		60,025,296.45