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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      2
TIME: 13:50                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    067  Eastland
                                067-903  Eastland

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

PSU067 151113                    203,010               196,094           1.0352
PSU067 151128                    258,040               400,283            .6446
PSU067 22868                      66,080                63,418           1.0419
PSU067 5414                       74,630                80,695            .9248
TXG07B089284                      19,500                19,966            .9766
TXG07B123907                      11,140                11,501            .9686
TXG07B143171                     249,430               259,158            .9624
TXO07B001454                     163,440               193,081            .8464
TXO07B012823                       6,650                 4,639           1.4334
TXO07B021226                     159,690               151,085           1.0569
TXO07B027081                     257,370               215,580           1.1938
TXO07B028134                      47,940                51,006            .9398



                     Total Self-Reported Mineral Value:           9,189,210

                     Divided by ISD Mineral Ratio:                    .9213**

                     Estimated PTD Mineral Value:                 9,974,178


          ** See Stratified Ratio Detail report for more data