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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      5
TIME: 18:50                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    100  Hardin
                                100-908  West Hardin CISD

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

TXO03 000210                     204,566               221,248            .9246
TXO03 000215                     217,264               193,825           1.1209
TXO03 000224                   1,267,451             1,199,449           1.0566
TXO03 000246                     324,643               314,475           1.0323
TXO03 000252                   1,981,491             1,969,100           1.0062
TXO03 003661                      39,123                30,701           1.2743
TXO03 003670                     235,742               185,187           1.2729
TXO03 004594                      91,621                40,492           2.2626
TXO03 005121                      77,497                76,145           1.0177
TXO03 005198                     224,330               230,477            .9733
TXO03 014469                     519,513               494,993           1.0495
TXO03 016590                      63,869                38,314           1.6669
TXO03 018688                     104,015                95,814           1.0855



                     Total Self-Reported Mineral Value:           9,259,190

                     Divided by ISD Mineral Ratio:                   1.0613**

                     Estimated PTD Mineral Value:                 8,724,385


          ** See Stratified Ratio Detail report for more data