Lamar University
	Summary of Investments
			November 30, 2002		November 30, 2002
			Book Value		Market Value
	Equity Securities:
	U.S. Common Stock
	Equity Mutual Funds		3,652,234.84		4,620,717.25
	Other Equity Securities (list)
	Total Equities		3,652,234.84		4,620,717.25
	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		1,508,774.70		1,500,315.00
	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		1,508,774.70		1,500,315.00
	Short Term Investments:
	U.S. Government
	U.S. Government Agency
	C.D.’s/B.A.’s
	A1/P1 Commercial Paper
	Repurchase Agreements
	TexPool		52,248,830.81		52,285,404.99
	Other Money Market Funds & Pools
	Bank Deposits		986,018.55		986,018.55
	Cash Held at State Treasury		566,641.60		566,641.60
	Other (list)
	Total Short Term Debt		53,801,490.96		53,838,065.14
	TOTAL INVESTMENTS:		58,962,500.50		59,959,097.39