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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      7
TIME: 17:25                  Property Tax Division                  RPT: UTL7000
                           2003 Property Value Study
                         Utilities Category Worksheet
                           SAN BENITO / 031-912-031
                                CAMERON / 031

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    Company         ISD Appraised              PTD Market           Indicated
    Number              Value                    Value                Ratio
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     21004                507,900                  519,389            .9779
     31001             21,032,720               21,539,412            .9765
     41002              7,821,955                7,939,926            .9851
     51003              1,009,300                1,058,713            .9533


   Totals:             30,371,875               31,057,440            .9779


            Utility Weighted Mean Ratio For Sample:                   .9779

            Total Self-Reported Utility Value (J1-J8):           42,635,839

            Divided By ISD Utility Weighted Mean Ratio:               .9779

            Estimated PTD Utility Market Value:                  43,599,385