Twenty largest taxpayers in the city of Los Angeles.

Twenty Largest Taxpayers in the City of Los Angeles

2002-03 Secured Assessed Valuation

Property Owner                                   Primary Land Use

Douglas Emmett Realty Funds                      Office building
Ultramar Inc                                  Oil and gas production
Tosco Corp.                                   oil and gas production
Equilon Enterprises LLC                       Oil and gas production
Anheuser Busch Inc.                                 Industrial
Rden Realty LP                                   Office building
Entertainment Center LLC                         Office building
2121 avenue of the Stars LLC                     Office building
Paramount Pictures Corp.                         Motion picture/
                                                television studio
1999 Stars LLC                                   Office building
BP10880 Wilshire LLC                             Office building
Century City Mall LLC                          Shopping center/mall
Maguire Partners Crocker Properties Phase 1      Office building
Prime Park La Brea Holdings LP                   Office building
Maguire Partners 555 West Fifth LLC              Office building
Library Square Associates LLC                    Office building
Duesenberg Investment Co.                        Office building
Twentieth Century Fox Film Corp.                 Motion picture/
                                                television studio
Metropolitan Life Insurance Col                  Office building
Pivotal Century Plaza Hotel LLC                       Hotel
Total

                                                  02/03       Percent
                                                Assessed      of Total
Property Owner                                  Valuation       (1)

Douglas Emmett Realty Funds                    $942,782,411    0.41%
Ultramar Inc                                    785,599,254    0.34
Tosco Corp.                                     781,298,761    0.34
Equilon Enterprises LLC                         761,236,730    0.33
Anheuser Busch Inc.                             710,251,800    0.31
Rden Realty LP                                  653,193,624    0.28
Entertainment Center LLC                        536,607,706    0.23
2121 avenue of the Stars LLC                    362,059,200    0.16
Paramount Pictures Corp.                        357,737,934    0.16
1999 Stars LLC                                  309,873,705    0.13
BP10880 Wilshire LLC                            282,988,800    0.12
Century City Mall LLC                           280,000,000    0.12
Maguire Partners Crocker Properties Phase 1     270,092,176    0.12
Prime Park La Brea Holdings LP                  258,000,000    0.11
Maguire Partners 555 West Fifth LLC             249,593,758    0.11
Library Square Associates LLC                   247,593,758    0.11
Duesenberg Investment Co.                       237,040,318    0.10
Twentieth Century Fox Film Corp.                227,999,878    0.10
Metropolitan Life Insurance Col                 219,140,000    0.10
Pivotal Century Plaza Hotel LLC                 218,835,305    0.10
Total                                         8,742,678,927    3.80

(1) 2002-03 Total local secured assessed valuation: $230,070,319,1143

Source: Source: California Municipal Statistics Inc.