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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      5
TIME: 18:28                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    081  Freestone
                                081-906  Dew

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   PTD Lease Number        Appraised               Market
    or Mineral Type          Value                 Value              Ratio
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Oil & Gas Sample Leases:

TXG05 163776                   1,062,410             1,050,702           1.0111
TXG05 167565                   1,325,880             1,355,890            .9778
TXG05 171346                     711,240               720,811            .9867
TXG05 176274                     309,380               314,827            .9826
TXG05 178107                     500,500               490,106           1.0212
TXG05 178329                   1,703,289             1,618,870           1.0521
TXG05 179511                     716,690               734,816            .9753
TXG05 183289                   2,001,799             2,075,453            .9645
TXG05 184644                     750,900               736,665           1.0193
TXG05 185932                     342,000               342,799            .9976
TXG05 186258                   1,378,410             1,362,583           1.0116
TXG05 190792                   1,635,759             1,683,987            .9713



                     Total Self-Reported Mineral Value:         190,154,900

                     Divided by ISD Mineral Ratio:                    .9961**

                     Estimated PTD Mineral Value:               190,899,408


          ** See Stratified Ratio Detail report for more data