CITY OF KIRKWOOD, MISSOURI                                        TABLE 12
Principal Taxpayers
March 31, 2003
						Percent
				2002		of Total
				Assessed		Assessed
Taxpayer		Type of Business		Valuation		Valuation
Kirkwood Commons		Shopping Center		$4,750,750		0.94%
Novus Investment LLC		Shopping Center		4,707,210		0.93%
Lowes Home Centers Inc.		Department Store		4,080,720		0.81%
Southwestern Bell		Telecommunications		3,749,412		0.74%
Timberlake Apartments		Apartments		3,480,560		0.69%
Dayton Hudson Corp.		Department Store		3,003,130		0.60%
Kirkwood Crossing LLC		Bank/Retail Development		2,736,060		0.54%
Ameren UE		Electric Utility		2,643,825		0.53%
Kimco Realty Corp.		Real Estate Company		2,286,920		0.45%
Greenbrair Apartments		Apartments		2,122,220		0.42%
Total				$33,560,807		6.66%
Source:  St. Louis County Assessor.
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