Endowment Funds - Portfolio Annualized Returns For periods ended June 30, 2004

	1 year ended June 2004	3 years ended June 2004	5 years ended June 2004	10 years ended June 2004
Balanced Pool	17.4%	5.0%	3.3%	10.3%
Hybrid Index	18.3	4.3	2.2	8.9

Domestic Equity (total)	21.4	0.9	0.4	12.5
Domestic Equity Benchmark	20.5	0.2	(1.1)	11.7
Alliance Capital	11.4	(4.5)	(3.4)	14.5
AllianceBernstein	21.3	6.0	3.3	N/A
Artisan Partners *	N/A	N/A	N/A	N/A
Fidelity Management	19.4	(2.1)	(1.5)	N/A
TCW Asset- (small, mid cap)	37.6	N/A	N/A	N/A

International Equity (total)	27.7	3.4	0.9	7.5
International Equity Benchmark	32.9	4.3	0.4	4.4
Capital Guardian	28.8	4.6	3.3	9.6
TT International	25.7	1.1	N/A	N/A

Emerging Markets Equity (total)	31.9	11.7	3.0	N/A
Emerging Markets Benchmark	35.1	14.9	5.1	1.9
Capital Guardian	27.9	8.9	2.8	N/A
Templeton Investment	36.0	14.5	3.1	N/A

Alternative Investments (total)	8.7	N/A	N/A	N/A
Alternative Investments Benchmark	6.1	6.9	8.5	N/A
DKR Capital	9.2	N/A	N/A	N/A
Ramius Capital	8.1	N/A	N/A	N/A

Real Estate (total)	7.5	9.4	9.2	N/A
Real Estate Benchmark	9.7	7.7	9.3	10.2
RREEF America II	9.4	9.2	8.6	N/A
TA Realty Associates Fund III	0.1	5.5	9.5	N/A
TA Realty Associates Fund IV	2.0	5.7	9.5	N/A
TA Realty Associates Fund V	7.1	11.6	N/A	N/A

Global Fixed Income (total)	2.9	8.3	6.7	N/A
Global Fixed Income Benchmark	2.1	7.5	5.9	7.0
Capital Guardian	4.7	11.3	6.9	N/A
Pacific Investment	0.8	5.2	6.5	N/A

Fixed Income Pool	0.0	6.7	7.1 ^	N/A
University of Missouri	0.0	6.7	N/A	N/A
Fixed Income Pool Benchmark	(0.7)	6.7	7.1	7.4
Consumer Price Index	3.3	2.1	2.7	2.5

* Manager hired fourth quarter 2003, replacing PIMCO Equity Advisors. ^ Includes returns of partial periods for Boatmen's.

Reviewed 2011-02-22.