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

	1 year ended Sept. 2004	3 years ended Sept. 2004	5 years ended Sept. 2004	10 years ended Sept. 2004
Balanced Pool	11.7%	7.8%	3.5%	9.9%
Hybrid Index	14.0	8.1	2.6	8.5

Domestic Equity (total)	12.9	5.6	1.1	11.7
Domestic Equity Benchmark	14.3	5.3	(0.1)	10.9
Alliance Capital	5.2	(0.3)	(3.7)	13.5
AllianceBernstein	17.1	8.9	6.2	N/A
Artisan Partners *	19.7	N/A	N/A	N/A
Fidelity Management	13.5	3.6	(0.7)	N/A
TCW Asset	13.8	N/A	N/A	N/A

International Equity (total)	14.9	8.7	(0.9)	6.9
International Equity Benchmark	22.5	9.5	(0.5)	4.3
Capital Guardian	16.2	10.6	1.2	9.1
TT International	12.5	5.1	N/A	N/A

Emerging Markets Equity (total)	24.7	23.8	6.1	N/A
Emerging Markets Benchmark	28.0	28.3	7.5	0.6
Capital Guardian	20.1	22.8	5.0	N/A
Templeton Investment	29.4	24.8	7.2	N/A

Alternative Investments (total)	6.4	N/A	N/A	N/A
Alternative Investment Benchmark	6.1	6.7	8.3	N/A
DKR Capital	7.1	N/A	N/A	N/A
Ramius Capital	5.6	N/A	N/A	N/A

Real Estate (total)	7.5	9.4	9.2	N/A
Real Estate Benchmark	10.8	8.0	9.4	10.4
RREEF America II	10.3	9.6	8.9	N/A
TA Realty Associates Fund III	0.1	5.5	9.5	N/A
TA Realty Associates Fund IV	2.3	5.7	9.7	N/A
TA Realty Associates Fund V	7.0	8.6	N/A	N/A

Global Fixed Income (total)	5.0	7.5	7.0	N/A
Global Fixed Income Benchmark	4.7	6.8	6.0	7.2
Capital Guardian	6.7	10.0	7.0	N/A
Pacific Investment	3.2	5.0	7.0	N/A

Fixed Income Pool	2.6	5.9	7.4 ^	N/A
University of Missouri	2.6	5.9	N/A	N/A
Fixed Income Pool Benchmark	3.3	6.3	7.7	7.8
Consumer Price Index	2.5	2.1	2.5	2.4

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

Reviewed 2011-02-22.