OIL TRUST FUND

OIL TRUST FUND February 15, 2004: · As of February 11, 2004, estimated crude oil export revenue is $1.6 billion since January 1, 2004 (crude oil export revenue for 2003 [June - December] was $5.1 billion). February 8, 2004: · As of January 31, 2004, estimated crude oil export revenue is $1.3 billion since January 1, 2004 (crude oil export revenue for 2003 [June - December] was $5.1 billion). · CPA provided information to the Minister of Oil on potential oil trust structures for Iraq, and is awaiting his response. February 1, 2004: · As of January 30, 2004, estimated crude oil export revenue is $1.2 billion since January 1, 2004 (estimated crude oil export revenue is $5.9 billion since Iraqi exports resumed in June 2003). · CPA continues to provide the Minister of Oil with information on potential trust structures for Iraq. January 25, 2004: · As of January 16, 2004, crude oil export revenue is estimated at $5.5 billion since Iraqi exports resumed in June 2003. · CPA began discussions with the Minister of Oil regarding an oil trust plan. CPA will provide the minister with information on potential trust structures for Iraq. January 17, 2004: · As of January 10, 2004, crude oil export revenue is estimated at $5.3 billion since Iraqi exports resumed in June 2003.