StateTrust Capital, LLC
COMPARATIVE INDEX PERIOD RETURNS
From 12-31-00 Through 10-31-03
	S&P Barra Growth	S&P Barra Value	S&P 500	Nasdaq Comp	Dow Jones 30 Industrials	EAFE	Lehman Bros Agg Index
12/31/02 to 01/31/03	-2.60	-2.88	-2.74	-1.09	-3.45	-3.25	0.36
01/31/03 to 02/28/03	-0.46	-2.96	-1.70	1.26	-2.02	-3.98	2.14
02/28/03 to 03/31/03	1.91	-0.29	0.84	0.27	1.28	0.95	-0.34
03/31/03 to 04/30/03	6.58	9.73	8.10	9.18	6.11	5.43	2.00
4/30/2003 to 5/31/03	3.15	7.11	5.09	8.99	4.37	7.96	3.32
5/31/2003 to 6/30/03	1.68	0.59	1.13	1.68	1.53	2.29	-0.5
6/30/2003 to 7/31/03	1.24	2.01	1.62	6.92	2.76	1.81	-4.47
7/31/2003 to 8/31/03	1.62	1.96	1.79	4.35	1.97	1.66	0.83
8/31/2003 to 9/30/03	-0.45	-1.94	-1.19	-1.3	-1.49	3.8	3.69
1/31/2003 to 3/31/2003	-2.6	-2.88	-2.74	-1.09	-3.45	-3.25	0.36
2/28/2003 to 3/31/2003	-0.46	-2.96	-1.7	1.26	-2.02	-3.98	2.14
3/31/2003 to 4/30/2003	1.91	-0.29	0.84	0.27	1.28	0.95	-0.34
4/30/2003 to 5/31/2003	6.58	9.73	8.1	9.18	6.11	5.43	2
5/31/2003 to 7/31/2003	3.15	7.11	5.09	8.99	4.37	7.96	3.32
6/30/2003 to 7/31/2003	1.68	0.59	1.13	1.68	1.53	2.29	-0.5
7/31/2003 to 8/31/2003	1.24	2.01	1.62	6.92	2.76	1.81	-4.47
8/31/2003 to 9/30/2003	1.62	1.96	1.79	4.35	1.97	1.66	0.83
8/31/2003 to 10/31/2003	-0.45	-1.94	-1.19	-1.3	-1.49	3.8	3.69
9/30/2003 to 10/30/2003	4.38	6.63	5.5	8.13	5.67	6.63	-1.31
10/31/2003 to 1/30/2003	0.74	0.69	0.71	1.45	-0.19	1.05	0.33
10/31/2003 to 1/30/2003	4.13	6.01	5.08	2.2	6.86	7.24	0.98
12/31/2003 to 1/31/2004	1.86	1.6	1.73	3.13	0.33	2.1	1.07
1/31/2004 to 2/29/2004	0.36	2.07	1.22	-1.76	0.91	1.5	1.38
2/29/2004 to 3/31/2004	-2.46	-0.83	-1.64	-1.75	-2.14	-0.17	1.07
3/31/2004 to 4/30/2004	-0.67	-2.64	-1.68	-3.71	-1.28	-0.86	-3.46
4/30/2004 to 5/31/2004	1.61	0.93	1.21	3.47	-0.36	-1.05	-0.72
5/31/2004 to 6/30/2004	0.61<