December 31, 2002
Washington State
Local Government Investment Pool

Investment Type		Average Balance Dec-02			Dec-02 Percentage		Average Balance CY 2002			CY 2002 Percentage
Bankers Acceptance		$	0.00		0.00%		$	0.00		0.00%
Repurchase Agreements			340,767,129.03		7.14%			920,906,364.35		17.94%
Reverse Repo Agreements			0.00		0.00%			0.00		0.00%
Treasury Securities			871,221,484.57		18.26%			1,796,943,067.64		35.00%
Agency Coupons			50,471,900.00		1.06%			32,820,694.96		0.64%
Discount Notes			3,344,497,894.95		70.11			2,231,678,537.89		43.47%
Certificates of Deposit			163,721,428.71		3.43%			151,632,155.41		2.95%
Commercial Paper			0.00		0.00%			0.00		0.00%
Total Avg Daily Balance		$	4,770,679,837.26		100.00%		$	5,133,980,820.25		100.00%
Avg Days to Maturity		60 days

Washington State
Local Government Investment Pool
December 31, 2002

Days to Maturity		$ Maturing (Par Value)			% Maturing		Cumulative % Maturing
1		$	253.82		5.3%		5.3%
2-30			1,395.64		29.0%		34.3%
31-60			1,026.00		21.3%		55.6%
61-90			1,709.10		35.5%		91.2%
91-120			250.00		5.2%		96.4%
121-180			50.00		1.0%		97.4%
181-270			------		0.0%		97.4%
271-395		$	125.00		2.6%		100.0%
Portfolio Total:		$	4,809.56