Stephen F. Austin State University
	Summary of Investments
			August 31, 2007		August 31, 2007
			Book Value		Market Value
	Equity Securities:
	U.S. Common Stock		$  5,196,787.00		$   5,338,449.42
	Equity Mutual Funds
	Other Equity Securities (list)
	Total Equities		5,196,787.00		5,338,449.42
	Other Investments:
	Real Estate
	Private Equity
	Annuities
	Collective Endowment Funds
	Commodities
	Collectibles
	Alternative Investments		999,963.00		1,045,379.00
	Total Other Investments		999,963.00		1,045,379.00
	Debt Investments >1 year:
	U.S. Government		14,672,092.00		15,034,416.08
	Bond Proceeds U.S. Government
	U.S. Government Agency		889,440.00		924,815.00
	Mortgage Pass Throughs
	C.M.O.s
	Interest Only Strips
	Principal Only Strips
	Inverse Floaters
	Stated Maturities longer than 10 years
	PFIA Compliant C.M.O.s
	Other Asset-Backed Bonds
	Foreign Issued Obligations
	Municipal Obligations
	Corporate Obligations
	Highly Rated (AAA/AA)		348,597.00		355,801.00
	Investment Grade (A/BBB)
	NR/High Yield (<BBB)
	G.I.C’s
	Bond Mutual Funds
	Other (list)
	Total Debt >1 year		$15,910,129.00		$ 16,315,032.08
	Stephen F. Austin State University
	Summary of Investments
			August 31, 2007		August 31, 2007
			Book Value		Market Value
	Short Term Investments:
	U.S. Government		$  2,473,512.00		$   2,509,677.99
	Bond Proceeds US Government
	Bond Proceeds U.S. Agency
	C.D.’s/B.A.’s		7,644,693.50		7,670,532.21
	A1/P1 Commercial Paper
	Repurchase Agreements
	TexPool		83,350.58		83,350.58
	Other Money Market Funds & Pools		702,903.00		702,903.00
	Bond Proceeds Money Market		4,808,363.65		4,808,363.65
	Bond Bank Deposits		4,014,738.89		4,014,738.89
	Cash Held at State Treasury		430,903.08		430,903.08
	ST Corp Bonds
	Total Short Term Debt		20,158,464.70		20,220,469.40
	TOTAL INVESTMENTS:		$42,265,343.70		$ 42,919,329.90