MRF 2003 - NAV History

Resource Funds

MRF 2003 Limited Partnership

NAV History

DISSOLVED ON APRIL 15, 2005

Select Year

Date	NAV
January 07, 2005	24.44
January 14, 2005	25.28
January 21, 2005	25.48
January 28, 2005	26.08
February 04, 2005	26.59
February 11, 2005	26.59
February 18, 2005	27.50
February 25, 2005	28.13
March 04, 2005	28.34
March 11, 2005	27.13
March 18, 2005	27.88
March 24, 2005	27.08
April 01, 2005	27.13
April 08, 2005	27.13
April 15, 2005	26.52

Date	NAV
January 02, 2004	23.49
January 09, 2004	23.31
January 16, 2004	23.13
January 23, 2004	23.67
January 30, 2004	23.51
February 06, 2004	23.08
February 14, 2004	23.29
February 20, 2004	23.05
February 27, 2004	23.28
March 05, 2004	23.57
March 12, 2004	22.39
March 19, 2004	21.76
March 26, 2004	21.50
April 02, 2004	21.53
April 08, 2004	21.63
April 16, 2004	21.73
April 23, 2004	21.81
April 30, 2004	21.23
May 07, 2004	21.38
May 14, 2004	20.62
May 21, 2004	20.39
May 28, 2004	20.44
June 04, 2004	20.50
June 11, 2004	20.21
June 18, 2004	20.56
June 25, 2004	20.56
July 02, 2004	20.54
July 09, 2004	20.50
July 16, 2004	20.69
July 23, 2004	20.61
July 30, 2004	20.29
August 06, 2004	20.48
August 13, 2004	20.09
August 20, 2004	20.11
August 27, 2004	19.85
September 03, 2004	19.85
September 10, 2004	19.76
September 17, 2004	19.95
September 24, 2004	20.87
October 01, 2004	21.90
October 08, 2004	22.99
October 15, 2004	22.83
October 22, 2004	23.11
October 29, 2004	23.33
November 05, 2004	23.07
November 12, 2004	22.93
November 19, 2004	23.15
November 26, 2004	24.38
December 03, 2004	23.66
December 10, 2004	23.76
December 17, 2004	24.33
December 24, 2004	25.00

Date	NAV
October 31, 2003	21.75
November 07, 2003	22.48
November 14, 2003	22.51
November 21, 2003	22.61
November 28, 2003	22.31
December 05, 2003	23.02
December 12, 2003	22.84
December 19, 2003	22.60
December 24, 2003	22.60