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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      3
TIME: 15:20                  Property Tax Division                  RPT: UTL7000
                           2003 Property Value Study
                         Utilities Category Worksheet
                            RIVIERA / 137-903-137
                                KLEBERG / 137

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    Company         ISD Appraised              PTD Market           Indicated
    Number              Value                    Value                Ratio
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     31001              4,910,320                5,028,612            .9765
     41002                338,660                  343,767            .9851
     41005                 53,944                   56,088            .9618
     51003              1,461,140                1,535,120            .9518
     61103              1,072,400                1,067,179           1.0049
     63018                329,780                  195,167           1.6897


   Totals:              8,166,244                8,225,933            .9927


            Utility Weighted Mean Ratio For Sample:                   .9927

            Total Self-Reported Utility Value (J1-J8):           22,293,168

            Divided By ISD Utility Weighted Mean Ratio:               .9927

            Estimated PTD Utility Market Value:                  22,457,105