OKLAHOMA MUNICIPAL RETIREMENT FUND

OKLAHOMA MUNICIPAL RETIREMENT FUND
BALANCED FUND INFORMATION

Manager:	Investment Type:	Management Style:	Ticker Symbol:	Range of Option:
Bank One Investment Management Group	Domestic Equity	Separate Account Manager	N/A	2 – 6%
Tom Johnson Investment Management	Domestic Equity	Separate Account Manager	N/A	2 – 6%
Provident Investment Counsel	Domestic Equity	Separate Account Manager	N/A	2 – 6%
Nicholas Applegate	Mid Cap Growth	Mutual Fund	NACGX	2 – 6%
Miller Anderson & Sherrerd, LLP	MAS Value Portfolio	Mutual Fund	MPVLX	2 – 6%
PIMCO Trust Company	Municipal Employees Equity Fund	Collective Trust Fund	N/A	2 – 6%
The Vanguard Group	Windsor II Fund	Mutual Fund	VWNFX	2 – 6%
Mellon Capital Management	EB Stock Index Fund	Passive - Index Fund	N/A	25 – 40%
Total Domestic Equity
Tom Johnson Investment Management	Domestic Fixed	Separate Account Manager	N/A	3 – 10%
Bank One Investment Management Group	Domestic Fixed	Separate Account Manager	N/A	3 – 10%
Mellon Capital Management	EB Capital Bond Index Fund	Passive - Index Fund	N/A	15 – 50%
Total Domestic Fixed
Scudder Investments	International Fund	Mutual Fund	SCINX	.5 – 2.5%
Templeton Institutional Funds, Inc.	Foreign Equity Series	Mutual Fund	TEMFX	.5 – 2.5%
T. Rowe Price	International Stock Fund	Mutual Fund	PRITX	.5 – 2.5%
The Vanguard Group	International Growth Fund	Mutual Fund	VWIGX	.5 – 2.5%
Mellon Capital Management	EB International Stock Index Fund	Passive - Index Fund	N/A	2.5- 10%
Total International Equity
Bank One Investment Management Group	Cash Management	Separate Account Manager	N/A	5%
Total Cash

OMRF has offset some of the manager selection risk in some of the options by having more than one manager in these options, whereas most defined contribution plans limit each option to only one manager. In addition, OMRF utilizes mutual funds for the most part in constructing each option, but also utilizes collective trust funds of banks and trust companies, or separate accounts specifically tailored for OMRF by investment advisors, greatly expanding the universe of managers to choose from. In each case, rigorous standards for selection and monitoring are applied. The usage of vehicles other than mutual funds may enable OMRF to reduce expenses or utilize the talent of an investment manager that might not be available via a mutual fund. Regardless of which vehicle is utilized, diversification within each vehicle is a requirement.

OKLAHOMA MUNICIPAL RETIREMENT FUND
MUTUAL FUND INFORMATION

OMRF Account:	Mutual Funds Held:	Range of Option:	Ticker Symbol:	Wall Street Journal Heading:	Wall Street Journal Listing:
Money Market Fund	One Group Prime Money Market Fund	100%	HLPXX	Money Market	OneGrPr

Investment Contract Fund	Invesco IRT Stable Value Fund	50 – 70%	N/A	Collective Trust Fund	Not Listed
	PaineWebber Stable Value Fund	30 - 50%	N/A	Collective Trust Fund	Not Listed

Bond Index Fund	Mellon Capital EB Capital Bond Index Fund	100%	N/A	Collective Trust Fund	Not Listed

S&P Index Fund	Mellon Capital EB Stock Index Fund	100%	N/A	Collective Trust Fund	Not Listed

Growth & Value Fund	MAS Equity Portfolio	12 – 20%	MPEQX	MAS Funds Instit Cl	Equity
	MAS Value Portfolio	12 – 20%	MPVLX	MAS Funds Instit Cl	Value
	Nicholas Applegate Mid Cap Growth	12 – 20%	NACG	Nicholas Applegate	MidCpGrl
	PIMCO Municipal Employees Equity Fund	12 – 20%	N/A	Collective Trust Fund	Not Listed
	Provident Investment Counsel Growth Fund	12 – 20%	PIPGX	Providnt Inv Counsel	Growth
	Vanguard Windsor II Fund	12 – 20%	VWNFX	Vanguard Fds	WndsrII

Aggressive Equity Fund	Nicholas Applegate Small Cap Growth	25 – 45%	NAGQX	Nicholas Applegate	SmCpGrl
	Provident Investment Counsel Small Company Growth Fund	25 – 45%	PISMX	Providnt Inv Counsel	SmCoGr
	Sit Mid Cap Growth Fund	25 – 45%	NBNGX	Sit Funds	MidCpGr

International Investment Fund	Templeton Institutional Funds, Inc. Foreign Equity Series	15% - 40%	TEMFX	Templeton Instit	ForEqS
	T. Rowe Price International Stock Fund	15% - 40%	PRITX	Price Funds	IntlStk
	Scudder International Fund	15% - 40%	SCINX	Scudder Funds	IntlFd
	Vanguard International Growth Fund	15% - 40%	VWIGX	Vanguard Fds	IntlGr

Please note that GIC funds and Index funds are not publicly listed, as they are actually collective trust funds, so information may not be available from usual sources. However, the overall fund return is calculated monthly and provided by memorandum.