Lamar University
	Summary of Investments
			May 31, 2008		May 31, 2008
			Book Value		Market Value
	Equity Securities:
	U.S. Common Stock
	Equity Mutual Funds		3,652,234.84		6,354,651.95
	Other Equity Securities (list)
	Total Equities		3,652,234.84		6,354,651.95
	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		300,565.21		306,833.67
	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)		2,703,705.68		2,724,560.46
	NR/High Yield (<BBB)
	G.I.C’s
	Bond Mutual Funds		1,000,000.00		1,012,264.76
	Other (list)
	Total Debt >1 year		4,004,270.89		4,043,658.89
	Short Term Investments:
	U.S. Government
	U.S. Government Agency
	C.D.’s/B.A.’s
	A1/P1 Commercial Paper
	Repurchase Agreements
	TexPool		48,503,021.30		48,503,021.30
	Other Money Market Funds & Pools
	Bank Deposits		(476,722.54)		(476,722.54)
	Cash Held at State Treasury		64,141.73		64,141.73
	Other (list)
	Total Short Term Investments		48,090,440.49		48,090,440.49
	TOTAL INVESTMENTS:		55,747,174.22		58,488,979.33