Lamar University
	Summary of Investments
			November 30, 2005		November 30, 2005
			Book Value		Market Value
	Equity Securities:
	U.S. Common Stock
	Equity Mutual Funds		3,652,234.84		6,971,464.41
	Other Equity Securities (list)
	Total Equities		3,652,234.84		6,971,464.41
	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		5,496,704.00		5,482,732.12
	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)		1,830,564.00		1,780,860.93
	NR/High Yield (<BBB)
	G.I.C’s
	Bond Mutual Funds		1,000,000.00		979,251.04
	Other (list)
	Total Debt >1 year		8,327,268.00		8,242,844.09
	Short Term Investments:
	U.S. Government
	U.S. Government Agency
	C.D.’s/B.A.’s
	A1/P1 Commercial Paper
	Repurchase Agreements
	TexPool		52,228,027.48		52,228,027.48
	Other Money Market Funds & Pools
	Bank Deposits		1,833,275.62		1,833,275.62
	Cash Held at State Treasury		2,105,753.79		2,105,753.79
	Other (list)
	Total Short Term Investments		56,167,056.89		56,167,056.89
	TOTAL INVESTMENTS:		68,146,787.73		71,381,593.39