FIXED INCOME SECURITIES - INTERNAL SHORT TERM SECURITIES
Security Rate Maturity Date Par Value Book Value Market Value

DAIMLERCHRYSLER AUTO TR 2.90 12/6/2004 35,000,000.00 34,997,919.16 35,152,250.00
FEDERAL HOME LN BKS 4.50 7/7/2003 100,000,000.00 101,398,257.22 102,216,000.00
TOYOTA AUTO RECEIVABLES 2.79 12/15/2004 35,000,000.00 34,998,799.49 35,175,066.50
Total170,000,000.00$171,394,975.87$172,543,316.50