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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      1
TIME: 13:50                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    067  Eastland
                                067-902  Cisco

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

PSU067 150606                     30,720                46,637            .6587
PSU067 151199                     53,360                51,393           1.0382
PSU067 151211                    216,380               316,590            .6834
TXG07B066035                     559,970               584,112            .9586
TXG07B071750                      75,280                74,957           1.0043
TXG07B086979                     316,930               362,813            .8735
TXG07B116913                      81,950                62,631           1.3084
TXG07B119452                     276,050               203,939           1.3535
TXG07B124074                      98,090                76,725           1.2784
TXG07B125045                      88,820                58,486           1.5186
TXG07B134320                      20,360                17,009           1.1970
TXO07B017254                      40,240                43,227            .9308



                     Total Self-Reported Mineral Value:           6,687,110

                     Divided by ISD Mineral Ratio:                    .9787**

                     Estimated PTD Mineral Value:                 6,832,645


          ** See Stratified Ratio Detail report for more data