UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2003 Check here if Amendment [ X ]; Amendment Number: 2 This Amendment (Check only one): [X] is a restatement [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Intel Corporation 2200 Mission College Boulevard Santa Clara, CA 95052-8119 Form 13F File Number: 28-04527 Person Signing this Report on Behalf of Reporting Manager: Cary Klafter, Vice President, Legal and Government Affairs and Corporate Secretary (408) 765-1215 --------------------------------------------------------------- ATTENTION--Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a) --------------------------------------------------------------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Signature, Place and Date of Signing: /S/Cary Klafter Santa Clara, California April 19, 2005 - ------------------- Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other manager(s).) Form 13F SUMMARY PAGE REPORTING MANAGER: INTEL CORPORATION Report Summary: Number of Other Included Managers: -0- Form 13F Information Table Entry Total: 310 Form 13F Information Table Value Total: $342,434,000 List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE. 9/30/03 FORM 13F INFORMATION TABLE REPORTING MANAGER: INTEL CORPORATION
ITEM 4: ITEM 5: FAIR SHARES ITEM 8: ITEM 2: ITEM 3: MARKET OR ITEM 6: VOTING AUTHORITY ITEM 1: TITLE OF CUSIP VALUE PRINCIPAL SH/ INVESTMENT ITEM 7: (A) (B) (C) NAME OF ISSUER CLASS NUMBER (000) AMOUNT PRN DISCRETION MANAGERS SOLE SHARED NONE ACE LTD ORD G0070K103 261 7,900 SH SOLE 7900 INGERSOLL-RAND COMPANY LTD CL A G4776G101 273 5,100 SH SOLE 5100 XL CAP LTD CL A G98255105 318 4,100 SH SOLE 4100 A D C TELECOMMUNICATIONS COM 886101 56 24,050 SH SOLE 24050 AFLAC INC COM 1055102 499 15,450 SH SOLE 15450 AES CORP COM 00130H105 137 18,450 SH SOLE 18450 AOL TIME WARNER INC COM 00184A105 2,040 134,995 SH SOLE 134995 AT&T CORP COM NEW 1957505 509 23,621 SH SOLE 23621 AT&T WIRELESS SVCS INC COM 00209A106 665 81,325 SH SOLE 81325 ABBOTT LABS COM 2824100 1,989 46,744 SH SOLE 46744 ADOBE SYS INC COM 00724F101 272 6,900 SH SOLE 6900 ADVANCED MICRO DEVICES INC COM 7903107 115 10,350 SH SOLE 10350 AETNA INC NEW COM 00817Y108 277 4,539 SH SOLE 4539 AGILENT TECHNOLOGIES INC COM 00846U101 313 14,178 SH SOLE 14178 AIR PRODS & CHEMS INC COM 9158106 307 6,800 SH SOLE 6800 ALBERTSONS INC COM 13104104 226 11,001 SH SOLE 11001 ALCOA INC COM 13817101 663 25,352 SH SOLE 25352 ALLERGAN INC COM 18490102 307 3,900 SH SOLE 3900 ALLSTATE CORP COM 20002101 770 21,080 SH SOLE 21080 ALLTEL CORP COM 20039103 431 9,300 SH SOLE 9300 ALTERA CORP COM 21441100 218 11,500 SH SOLE 11500 ALTRIA GROUP INC COM 02209S103 2,665 60,849 SH SOLE 60849 AMBAC FINL GROUP INC COM 23139108 205 3,200 SH SOLE 3200 AMEREN CORP COM 23608102 206 4,800 SH SOLE 4800 AMERICAN ELEC PWR INC COM 25537101 356 11,882 SH SOLE 11882 Page Fair Market Value 14,078 567,366 AMERICAN EXPRESS CO COM 25816109 1,755 38,950 SH SOLE 38950 AMERICAN INTL GROUP INC COM 26874107 4,520 78,343 SH SOLE 78343 AMGEN INC COM 31162100 2,441 37,835 SH SOLE 37835 AMSOUTH BANCORPORATION COM 32165102 223 10,500 SH SOLE 10500 ANADARKO PETE CORP COM 32511107 313 7,493 SH SOLE 7493 ANALOG DEVICES INC COM 32654105 414 10,900 SH SOLE 10900 ANHEUSER BUSCH COS INC COM 35229103 1,238 25,100 SH SOLE 25100 ANTHEM INC COM 03674B104 300 4,200 SH SOLE 4200 APACHE CORP COM 37411105 332 4,794 SH SOLE 4794 APOLLO GROUP INC CL A 37604105 343 5,200 SH SOLE 5200 APPLE COMPUTER INC COM 37833100 228 11,000 SH SOLE 11000 APPLIED MATLS INC COM 38222105 903 49,800 SH SOLE 49800 ARCHER DANIELS MIDLAND CO COM 39483102 254 19,367 SH SOLE 19367 AUTOMATIC DATA PROCESSING INC COM 53015103 645 18,002 SH SOLE 18002 AUTOZONE INC COM 53332102 242 2,700 SH SOLE 2700 AVAYA INC COM 53499109 124 11,421 SH SOLE 11421 AVON PRODS INC COM 54303102 459 7,114 SH SOLE 7114 BB&T CORP COM 54937107 600 16,700 SH SOLE 16700 BAKER HUGHES INC COM 57224107 301 10,160 SH SOLE 10160 BANK OF AMERICA CORPORATION COM 60505104 3,505 44,917 SH SOLE 44917 BANK NEW YORK INC COM 64057102 671 23,040 SH SOLE 23040 BANK ONE CORP COM 06423A103 1,328 34,362 SH SOLE 34362 Page Fair Market Value 21,139 471,898 BAXTER INTL INC COM 71813109 518 17,840 SH SOLE 17840 BEAR STEARNS COS INC COM 73902108 222 2,974 SH SOLE 2974 BECTON DICKINSON & CO COM 75887109 275 7,600 SH SOLE 7600 BED BATH & BEYOND INC COM 75896100 337 8,800 SH SOLE 8800 BELLSOUTH CORP COM 79860102 1,314 55,482 SH SOLE 55482 BEST BUY INC COM 86516101 461 9,700 SH SOLE 9700 BIOMET INC COM 90613100 260 7,750 SH SOLE 7750 BLOCK H & R INC COM 93671105 233 5,400 SH SOLE 5400 BOEING CO COM 97023105 866 25,215 SH SOLE 25215 BOSTON SCIENTIFIC CORP COM 101137107 784 12,292 SH SOLE 12292 BRISTOL MYERS SQUIBB CO COM 110122108 1,492 58,146 SH SOLE 58146 BROADCOM CORP CL A 111320107 227 8,500 SH SOLE 8500 BURLINGTON NORTHN SANTA FE C COM 12189T104 325 11,267 SH SOLE 11267 BURLINGTON RES INC COM 122014103 293 6,072 SH SOLE 6072 CVS CORP COM 126650100 367 11,800 SH SOLE 11800 CALPINE CORP COM 131347106 56 11,500 SH SOLE 11500 CAMPBELL SOUP CO COM 134429109 326 12,300 SH SOLE 12300 CAPITAL ONE FINL CORP COM 14040H105 382 6,700 SH SOLE 6700 CARDINAL HEALTH INC COM 14149Y108 780 13,350 SH SOLE 13550 CARNIVAL CORP PAIRED 143658300 622 18,900 SH SOLE 18900 CTF CATERPILLAR INC DEL COM 149123101 708 10,290 SH SOLE 10290 CENDANT CORP COM 151313103 572 30,581 SH SOLE 30581 CHARTER ONE FINL INC COM 160903100 208 6,788 SH SOLE 6788 CHEVRONTEXACO CORP COM 166764100 2,289 32,040 SH SOLE 32040 CHIRON CORP COM 170040109 290 5,600 SH SOLE 5600 Page Fair Market Value 14,207 396,887 CHUBB CORP COM 171232101 360 5,550 SH SOLE 5550 CIENA CORP COM 171779101 83 14,200 SH SOLE 14200 CISCO SYS INC COM 17275R102 4,124 210,518 SH SOLE 210,518 CITIGROUP INC COM 172967101 7,031 154,493 SH SOLE 154493 CLEAR CHANNEL COMMUNICATIONS COM 184502102 705 18,400 SH SOLE 18400 CLOROX CO DEL COM 189054109 303 6,600 SH SOLE 6600 COCA COLA CO COM 191216100 3,179 74,008 SH SOLE 74008 COCA COLA ENTERPRISES INC COM 191219104 257 13,500 SH SOLE 13500 COLGATE PALMOLIVE CO COM 194162103 905 16,200 SH SOLE 16200 COMCAST CORP NEW CL A 20030N101 2,077 67,399 SH SOLE 67399 COMERICA INC COM 200340107 242 5,200 SH SOLE 5200 COMPUTER ASSOC INTL INC COM 204912109 450 17,250 SH SOLE 17250 COMPUTER SCIENCES CORP COM 205363104 210 5,600 SH SOLE 5600 COMPUWARE CORP COM 205638109 61 11,300 SH SOLE 11300 CONAGRA FOODS INC COM 205887102 342 16,100 SH SOLE 16100 CONCORD EFS INC COM 206197105 200 14,600 SH SOLE 14600 CONOCOPHILLIPS COM 20825C104 1,110 20,282 SH SOLE 20282 CONSOLIDATED EDISON INC COM 209115104 273 6,700 SH SOLE 6700 CORNING INC COM 219350105 358 38,050 SH SOLE 38050 COSTCO WHSL CORP NEW COM 22160K105 427 13,700 SH SOLE 13700 COUNTRYWIDE FINANCIAL CORP COM 222372104 313 4,000 SH SOLE 4000 DANAHER CORP DEL COM 235851102 340 4,600 SH SOLE 4600 DEERE & CO COM 244199105 384 7,200 SH SOLE 7200 DELL COMPUTER CORP COM 247025109 2,578 77,150 SH SOLE 77150 Page Fair Market Value 26,312 DELPHI CORP COM 247126105 152 16,758 SH SOLE 16758 DEVON ENERGY CORP NEW COM 25179M103 337 7,000 SH SOLE 7000 DISNEY WALT CO COM 254687106 1,237 61,312 SH SOLE 61312 DISNEY DOLLAR GEN CORP COM 256669102 200 10,018 SH SOLE 10018 DOMINION RES INC VA NEW COM 25746U109 581 9,384 SH SOLE 9384 DOVER CORP COM 260003108 216 6,100 SH SOLE 6100 DOW CHEM CO COM 260543103 891 27,393 SH SOLE 27393 DU PONT E I DE NEMOURS & CO COM 263534109 1,194 29,850 SH SOLE 29850 DUKE ENERGY CORP COM 264399106 482 27,046 SH SOLE 27046 DYNEGY INC NEW CL A 26816Q101 40 11,150 SH SOLE 11150 E M C CORP MASS COM 268648102 830 65,704 SH SOLE 65704 EATON CORP COM 278058102 204 2,300 SH SOLE 2300 EBAY INC COM 278642103 1,019 1,900 SH SOLE 1900 EL PASO CORP COM 28336L109 132 18,014 SH SOLE 18014 ELECTRONIC ARTS INC COM 285512109 396 4,300 SH SOLE 4300 ELECTRONIC DATA SYS NEW COM 285661104 289 14,300 SH SOLE 14300 EMERSON ELEC CO COM 291011104 666 12,650 SH SOLE 12650 ENTERGY CORP NEW COM 29364G103 363 6,700 SH SOLE 6700 EQUITY OFFICE PROPERTIES TRU COM 294741103 333 12,100 SH SOLE 12100 EQUITY RESIDENTIAL SH BEN 29476L107 239 8,150 SH SOLE 8150 INT EXELON CORP COM 30161N101 616 9,700 SH SOLE 9700 EXXON MOBIL CORP COM 30231G102 7,332 200,325 SH SOLE 200325 FPL GROUP INC COM 302571104 348 5,500 SH SOLE 5500 Page Fair Market Value 18,097 567,654 FAMILY DLR STORES INC COM 307000109 207 5,200 SH SOLE 5200 FEDERAL HOME LN MTG CORP COM 313400301 1,083 20,682 SH SOLE 20682 FEDERAL NATL MTG ASSN COM 313586109 2,067 29,450 SH SOLE 29450 FEDERATED DEPT STORES INC DE COM 31410H101 237 5,659 SH SOLE 5659 FEDEX CORP COM 31428X106 580 9,000 SH SOLE 9000 FIFTH THIRD BANCORP COM 316773100 955 17,192 SH SOLE 17192 FIRST DATA CORP COM 319963104 895 22,400 SH SOLE 22400 FISERV INC COM 337738108 207 5,700 SH SOLE 5700 FIRSTENERGY CORP COM 337932107 284 8,900 SH SOLE 8900 FLEETBOSTON FINL CORP COM 339030108 951 31,558 SH SOLE 31558 FORD MTR CO DEL COM PAR 345370860 591 54,915 SH SOLE 54915 $0.01 FORMFACTOR INC COM 346375108 38,340 1,775,821 SH SOLE 1,775,821 FOREST LABS INC CL A 345838106 561 10,900 SH SOLE 10900 FORTUNE BRANDS INC COM 349631101 243 4,286 SH SOLE 4286 FRANKLIN RES INC COM 354613101 340 7,700 SH SOLE 7700 GANNETT INC COM 364730101 620 8,000 SH SOLE 8000 GAP INC DEL COM 364760108 458 26,725 SH SOLE 26725 GENERAL DYNAMICS CORP COM 369550108 468 6,000 SH SOLE 6000 GENERAL ELEC CO COM 369604103 8,937 299,784 SH SOLE 299784 GENERAL MLS INC COM 370334104 522 11,100 SH SOLE 11100 GENERAL MTRS CORP COM 370442105 691 16,874 SH SOLE 16874 GENZYME CORP COM 372917104 296 6,400 SH SOLE 6400 GILLETTE CO COM 375766102 980 30,650 SH SOLE 30650 GOLDEN WEST FINL CORP DEL COM 381317106 416 4,650 SH SOLE 4650 Page Fair Market Value 60,929 2,419,546 GOLDMAN SACHS GROUP INC COM 38141G104 1,175 14,000 SH SOLE 14000 GUIDANT CORP COM 401698105 431 9,200 SH SOLE 9200 HCA INC COM 404119109 562 15,250 SH SOLE 15250 HALLIBURTON CO COM 406216101 318 13,100 SH SOLE 13100 HANCOCK JOHN FINL SVCS INC COM 41014S106 292 8,650 SH SOLE 8650 HARLEY DAVIDSON INC COM 412822108 439 9,100 SH SOLE 9100 HARTFORD FINL SVCS GROUP INC COM 416515104 442 8,400 SH SOLE 8400 HEINZ H J CO COM 423074103 360 10,500 SH SOLE 10500 HERSHEY FOODS CORP COM 427866108 283 3,900 SH SOLE 3900 HEWLETT PACKARD CO COM 428236103 1,774 91,616 SH SOLE 91616 HILTON HOTELS CORP COM 432848109 183 11,300 SH SOLE 11300 HOME DEPOT INC COM 437076102 2,193 68,850 SH SOLE 68850 HONEYWELL INTL INC COM 438516106 676 25,657 SH SOLE 25657 ILLINOIS TOOL WKS INC COM 452308109 610 9,200 SH SOLE 9200 INTERNATIONAL BUSINESS MACHS COM 459200101 4,586 51,918 SH SOLE 51918 INTERNATIONAL GAME TECHNOLOGY COM 459902102 287 10,200 SH SOLE 10200 INTL PAPER CO COM 460146103 563 14,416 SH SOLE 14416 INTERPUBLIC GROUP COS INC COM 460690100 164 11,600 SH SOLE 11600 INTUIT COM 461202103 299 6,200 SH SOLE 6200 IPASS INC COM 46261V108 13,776 586,224 SH SOLE 586224 JDS UNIPHASE CORP COM 46612J101 155 43,000 SH SOLE 43000 J P MORGAN CHASE & CO COM 46625H100 2,090 60,871 SH SOLE 60871 JOHNSON & JOHNSON COM 478160104 4,416 89,166 SH SOLE 89166 Page Fair Market Value 36,074 1,172,318 JOHNSON CTLS INC COM 478366107 255 2,700 SH SOLE 2700 KLA-TENCOR CORP COM 482480100 294 5,700 SH SOLE 5700 KELLOGG CO COM 487836108 410 12,280 SH SOLE 12280 KEYCORP NEW COM 493267108 327 12,784 SH SOLE 12784 KIMBERLY CLARK CORP COM 494368103 780 15,200 SH SOLE 15200 KOHLS CORP COM 500255104 540 10,100 SH SOLE 10100 KROGER CO COM 501044101 405 22,650 SH SOLE 22650 LSI LOGIC CORP COM 502161102 101 11,200 SH SOLE 11200 LEHMAN BROS HLDGS INC COM 524908100 504 7,300 SH SOLE 7300 LEXMARK INTL NEW CL A 529771107 239 3,800 SH SOLE 3800 LILLY ELI & CO COM 532457108 2,005 33,750 SH SOLE 33750 LIMITED BRANDS INC COM 532716107 237 15,706 SH SOLE 15706 LINEAR TECHNOLOGY CORP COM 535678106 338 9,400 SH SOLE 9400 LOCKHEED MARTIN CORP COM 539830109 620 13,444 SH SOLE 13444 LOEWS CORP COM 540424108 226 5,600 SH SOLE 5600 LOWES COS INC COM 548661107 1,214 23,400 SH SOLE 23400 LUCENT TECHNOLOGIES INC COM 549463107 268 124,111 SH SOLE 124111 MBIA INC COM 55262C100 242 4,400 SH SOLE 4400 MBNA CORP COM 55262L100 875 38,380 SH SOLE 38380 MARATHON OIL CORP COM 565849106 262 9,200 SH SOLE 9200 MARSH & MCLENNAN COS INC COM 571748102 769 16,158 SH SOLE 16158 MARSHALL & ILSLEY CORP COM 571834100 214 6,800 SH SOLE 6800 MARRIOTT INTL INC NEW CL A 571903202 301 7,000 SH SOLE 7000 Page Fair Market Value 11,426 411,063 MASCO CORP COM 574599106 350 14,300 SH SOLE 14300 MATTEL INC COM 577081102 250 13,175 SH SOLE 13175 MAXIM INTEGRATED PRODS INC COM 57772K101 382 9,700 SH SOLE 9700 MAY DEPT STORES CO COM 577778103 214 8,700 SH SOLE 8700 MCDONALDS CORP COM 580135101 897 38,104 SH SOLE 38104 MCGRAW HILL COS INC COM 580645109 360 5,800 SH SOLE 5800 MCKESSON CORP COM 58155Q103 290 8,713 SH SOLE 8713 MEDCO HEALTH SOLUTIONS INC COM 58405U102 211 8,130 SH SOLE 8130 MEDIMMUNE INC COM 584699102 248 8,130 SH SOLE 8130 MEDTRONIC INC COM 585055106 1,715 36,562 SH SOLE 36562 MELLON FINL CORP COM 58551A108 390 12,950 SH SOLE 12950 MERCK & CO INC COM 589331107 3,402 67,216 SH SOLE 67216 MERRILL LYNCH & CO INC COM 590188108 1,489 27,818 SH SOLE 27818 METLIFE INC COM 59156R108 640 22,800 SH SOLE 22800 MICROSOFT CORP COM 594918104 8,953 322,050 SH SOLE 322050 MICRON TECHNOLOGY INC COM 595112103 244 18,200 SH SOLE 33878245 MOODYS CORP COM 615369105 247 4,500 SH SOLE 4500 MORGAN STANLEY COM NEW 617446448 1,643 32,556 SH SOLE 32556 MOTOROLA INC COM 620076109 829 69,398 SH SOLE 69398 NATIONAL CITY CORP COM 635405103 542 18,400 SH SOLE 18400 NEOMAGIC CORP COM 640497103 24 10,497 SH SOLE 10,497 NETWORK APPLIANCE INC COM 64120L104 209 10,200 SH SOLE 10200 NEWMONT MINING CORP COM 651639106 472 12,062 SH SOLE 12062 Page Fair Market Value 24,001 779,961 NEXTEL COMMUNICATIONS INC CL A 65332V103 609 30,900 SH SOLE 30900 NIKE INC CL B 654106103 480 7,900 SH SOLE 7900 NORFOLK SOUTHN CORP COM 655844108 216 11,650 SH SOLE 11650 NORTHERN TR CORP COM 665859104 280 6,600 SH SOLE 6600 NORTHROP GRUMMAN CORP COM 666807102 473 5,479 SH SOLE 5479 NOVELL INC COM 670006105 59 11,094 SH SOLE 11094 OCCIDENTAL PETE CORP DEL COM 674599105 398 11,300 SH SOLE 11300 OMNICOM GROUP INC COM 681919106 402 5,600 SH SOLE 5600 ORACLE CORP COM 68389X105 1,770 157,334 SH SOLE 157334 PG&E CORP COM 69331C108 291 12,196 SH SOLE 12196 PNC FINL SVCS GROUP INC COM 693475105 404 8,500 SH SOLE 8500 PPG INDS INC COM 693506107 265 5,070 SH SOLE 5070 PPL CORP COM 69351T106 209 5,100 SH SOLE 5100 PACCAR INC COM 693718108 257 3,450 SH SOLE 3450 PAYCHEX INC COM 704326107 384 11,275 SH SOLE 11275 PEOPLESOFT INC COM 712713106 201 11,000 SH SOLE 11000 PEPSICO INC COM 713448108 2,365 51,600 SH SOLE 51600 PFIZER INC COM 717081103 7,196 236,864 SH SOLE 236864 PITNEY BOWES INC COM 724479100 272 7,100 SH SOLE 7100 PRAXAIR INC COM 74005P104 299 4,831 SH SOLE 4831 PRINCIPAL FINANCIAL GROUP IN COM 74251V102 304 9,800 SH SOLE 9800 PROCTER & GAMBLE CO COM 742718109 3,606 38,850 SH SOLE 38850 PROGRESS ENERGY INC COM 743263105 325 7,300 SH SOLE 7300 PROGRESSIVE CORP OHIO COM 743315103 449 6,500 SH SOLE 6500 PRUDENTIAL FINL INC COM 744320102 617 16,525 SH SOLE 16525 Page Fair Market Value 22,131 683,818 PUBLIC SVC ENTERPRISE GROUP COM 744573106 281 6,694 SH SOLE 6694 QUALCOMM INC COM 747525103 988 23,700 SH SOLE 23700 QWEST COMMUNICATIONS INTL IN COM 749121109 173 50,898 SH SOLE 50898 RAYTHEON CO COM NEW 755111507 347 12,400 SH SOLE 12400 REGIONS FINL CORP COM 758940100 226 6,600 SH SOLE 6600 ROHM & HAAS CO COM 775371107 221 6,592 SH SOLE 6592 SBC COMMUNICATIONS INC COM 78387G103 2,217 99,644 SH SOLE 99644 SLM CORP COM 78442P106 530 13,600 SH SOLE 13600 SAFEWAY INC COM NEW 786514208 303 13,200 SH SOLE 13200 ST JUDE MED INC COM 790849103 275 5,112 SH SOLE 5112 ST PAUL COS INC COM 792860108 251 6,772 SH SOLE 6772 SANMINA SCI CORP COM 800907107 147 15,250 SH SOLE 15250 SARA LEE CORP COM 803111103 427 23,250 SH SOLE 23250 SCHERING PLOUGH CORP COM 806605101 671 44,050 SH SOLE 44050 SCHLUMBERGER LTD COM 806857108 847 17,500 SH SOLE 17500 SCHWAB CHARLES CORP NEW COM 808513105 484 40,600 SH SOLE 40600 SEARS ROEBUCK & CO COM 812387108 402 9,200 SH SOLE 9200 SIEBEL SYS INC COM 826170102 143 14,700 SH SOLE 14700 SIMON PPTY GROUP INC NEW COM 828806109 248 5,700 SH SOLE 5700 SOLECTRON CORP COM 834182107 145 24,800 SH SOLE 24800 SOUTHERN CO COM 842587107 635 21,650 SH SOLE 21650 SOUTHTRUST CORP COM 844730101 299 10,200 SH SOLE 10200 Page Fair Market Value 10,260 472,112 SOUTHWEST AIRLS CO COM 844741108 412 23,275 SH SOLE 23275 SPRINT CORP COM FON 852061100 409 27,066 SH SOLE 27066 GROUP SPRINT CORP PCS COM 852061506 175 30,608 SH SOLE 30608 SER 1 STANDARD MICROSYSTEMS CORP COM 853626109 41,617 1,542,506 SH SOLE 1,542,506 STAPLES INC COM 855030102 349 14,650 SH SOLE 14650 STARBUCKS CORP COM 855244109 340 11,800 SH SOLE 11800 STATE STR CORP COM 857477103 450 10,000 SH SOLE 10000 STRYKER CORP COM 863667101 444 5,900 SH SOLE 5900 SUN MICROSYSTEMS INC COM 866810104 321 96,914 SH SOLE 96914 SUNGARD DATA SYS INC COM 867363103 222 8,450 SH SOLE 8450 SUNTRUST BKS INC COM 867914103 513 8,500 SH SOLE 8500 SYMANTEC CORP COM 871503108 278 4,400 SH SOLE 4400 SYNOVUS FINL CORP COM 87161C105 229 9,150 SH SOLE 9150 SYSCO CORP COM 871829107 635 19,400 SH SOLE 19400 TJX COS INC NEW COM 872540109 297 15,300 SH SOLE 15300 TXU CORP COM 873168108 229 9,702 SH SOLE 9702 TARGET CORP COM 8.76E+110 1,025 27,250 SH SOLE 27250 TELLABS INC COM 879664100 84 12,400 SH SOLE 12400 TENET HEALTHCARE CORP COM 88033G100 202 13,974 SH SOLE 13974 TEXAS INSTRS INC COM 882508104 1,181 51,800 SH SOLE 51800 3M CO COM 88579Y101 1,616 23,400 SH SOLE 23400 TRAVELERS PPTY CAS CORP NEW CL B 89420G406 480 30,222 SH SOLE 30222 TRIBUNE CO NEW COM 896047107 428 9,326 SH SOLE 9326 TYCO INTL LTD NEW COM 902124106 1,223 59,880 SH SOLE 59880 Page Fair Market Value 53,159 2,065,873 US BANCORP DEL COM NEW 902973304 1,381 57,547 SH SOLE 57547 UNION PAC CORP COM 907818108 442 7,600 SH SOLE 7600 UNITED PARCEL SERVICE INC CL B 911312106 2,153 33,750 SH SOLE 33750 UNITED TECHNOLOGIES CORP COM 913017109 1,090 14,100 SH SOLE 14100 UNITEDHEALTH GROUP INC COM 91324P102 898 17,852 SH SOLE 17852 UNIVISION COMMUNICATIONS INC CL A 914906102 220 6,900 SH SOLE 6900 UNOCAL CORP COM 915289102 244 7,750 SH SOLE 7750 VERIZON COMMUNICATIONS COM 92343V104 2,676 82,498 SH SOLE 82498 VERITAS SOFTWARE CO COM 923436109 394 12,515 SH SOLE 12515 VIACOM INC CL B 925524308 2,016 52,627 SH SOLE 52627 WACHOVIA CORP 2ND NEW COM 929903102 1,664 40,391 SH SOLE 40391 WAL MART STORES INC COM 931142103 7,342 131,452 SH SOLE 131452 WALGREEN CO COM 931422109 942 30,750 SH SOLE 30750 WASHINGTON MUT INC COM 939322103 1,101 27,973 SH SOLE 27973 WASTE MGMT INC DEL COM 94106L109 462 17,663 SH SOLE 17663 WELLPOINT HEALTH NETWORK NEW COM 94973H108 331 4,300 SH SOLE 4300 WELLS FARGO & CO NEW COM 949746101 2,584 50,174 SH SOLE 50174 WEYERHAEUSER CO COM 962166104 387 6,617 SH SOLE 6617 WILLIAMS COS INC DEL COM 969457100 146 15,500 SH SOLE 15500 WRIGLEY WM JR CO COM 982526105 376 6,800 SH SOLE 6800 WYETH COM 983024100 1,836 39,826 SH SOLE 39826 Page Fair Market Value 28,685 664,585 XCEL ENERGY INC COM 98389B100 185 11,935 SH SOLE 11935 XILINX INC COM 983919101 287 10,100 SH SOLE 10100 XEROX CORP COM 984121103 241 23,500 SH SOLE 23500 YAHOO INC COM 984332106 642 18,150 SH SOLE 18150 YUM BRANDS INC COM 988498101 257 8,684 SH SOLE 8684 ZIMMER HLDGS INC COM 98956P102 324 5,889 SH SOLE 5889 Page Fair Market Value 1,936 78,258 REPORT TOTAL 342,434 11,573,939