First Nebraska Trust

First Nebraska Trust as of Dec. 31, 2002

Portfolio Holdings for First Nebraska Trust

First Nebraska Trust holds 84 positions in its portfolio as reported in the December 2002 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
SYSCO Corporation (SYY) 61.8 $95M 3.2M 29.79
Alltel Corporation 5.1 $7.9M 154k 51.00
Exxon Mobil Corporation (XOM) 2.9 $4.5M 128k 34.94
Wells Fargo & Company (WFC) 2.4 $3.7M 79k 46.87
Usbancorpdel Com New (USB) 2.0 $3.2M 148k 21.31
Oppenheimer Multi-sector Sh Ben Int 1.2 $1.9M 173k 11.02
Chevron Corporation (CVX) 1.0 $1.6M 24k 66.48
Berkshire Hathaway Inc Del CLB 0.9 $1.4M 587.00 2423.33
Microsoft Corporation (MSFT) 0.9 $1.4M 27k 51.70
General Electric Company 0.8 $1.2M 48k 24.35
Cardinal Health (CAH) 0.7 $1.1M 19k 59.20
Pfizer (PFE) 0.7 $1.1M 36k 30.57
Merck & Co 0.7 $1.1M 19k 56.61
Applied Materials (AMAT) 0.6 $983k 75k 13.03
Kinder Morgan 0.6 $965k 23k 42.27
Intel Corporation (INTC) 0.6 $956k 61k 15.57
Mfs Charter Income Tr Sh Ben Int 0.6 $914k 112k 8.15
Zale Corporation 0.6 $909k 28k 32.75
Washington Mutual 0.6 $865k 25k 34.48
King Pharmaceuticals 0.5 $840k 51k 16.50
Paychex (PAYX) 0.5 $794k 29k 27.60
Gannett 0.5 $743k 10k 71.80
Sungard Data Sys 0.5 $710k 30k 23.75
Ingersoll-rand Company Cla 0.5 $706k 17k 42.92
Citi 0.4 $659k 19k 35.19
Motorola 0.4 $655k 76k 8.65
ConAgra Foods (CAG) 0.4 $622k 25k 25.20
Honeywell International 0.4 $578k 24k 24.00
Disney Com Disney (DIS) 0.4 $566k 35k 16.31
Bank One Corp 0.3 $538k 15k 36.55
Stewart Enterprises Cl A 0.3 $532k 128k 4.15
Marathon Oil Corporation (MRO) 0.3 $513k 24k 21.29
Federal National Mortgage Association (FNMA) 0.3 $495k 7.7k 64.33
Credit Suisse AM Inc Fund (CIK) 0.3 $468k 149k 3.15
KB Home (KBH) 0.3 $466k 11k 42.15
Equity Residential Sh Ben Int (EQR) 0.3 $457k 19k 24.30
First Data Corp 0.3 $451k 13k 35.41
Home Depot (HD) 0.3 $449k 19k 23.96
Principal Financial (PFG) 0.3 $441k 15k 28.80
Bristol Myers Squibb (BMY) 0.3 $440k 19k 23.15
Trinity Industries (TRN) 0.3 $432k 23k 18.45
Maytag Corp 0.3 $429k 16k 27.35
Becton, Dickinson and (BDX) 0.3 $425k 14k 30.55
Cisco Systems (CSCO) 0.3 $422k 32k 13.10
Air Products & Chemicals (APD) 0.3 $421k 9.9k 42.53
Clorox Company (CLX) 0.3 $398k 9.7k 41.20
Zions Bancorporation (ZION) 0.3 $397k 10k 39.65
Johnson & Johnson (JNJ) 0.3 $396k 7.4k 53.71
Safeway Com New 0.2 $381k 17k 23.18
Schering Plough Corp 0.2 $377k 17k 22.20
Managed High Income Portfoli 0.2 $371k 73k 5.10
Computer Associates Intl 0.2 $350k 26k 13.63
Dreyfus Municipal Income 0.2 $342k 36k 9.40
Oracle Corporation (ORCL) 0.2 $321k 30k 10.80
Morgan Stanley High Yield 0.2 $316k 61k 5.20
Coca-Cola Company (KO) 0.2 $298k 6.8k 43.82
International Business Machines (IBM) 0.2 $291k 3.8k 77.50
Colonial Mun Income Tr Sh Ben Int 0.2 $271k 35k 7.80
Schlumberger (SLB) 0.2 $263k 6.3k 42.09
Union Pacific Corporation (UNP) 0.2 $257k 4.3k 60.05
Hyperion Brkfld Total Ret 0.2 $257k 31k 8.35
Ida (IDA) 0.2 $254k 9.7k 26.25
WD-40 Company (WDFC) 0.2 $250k 7.4k 34.00
Van Kampen Value Mun Income Com | 0.2 $245k 17k 14.20
Unocal Corp 0.2 $240k 7.9k 30.60
Walgreen Company 0.2 $239k 8.2k 29.19
Salomon Bros High Income 0.1 $227k 21k 11.00
Union Planters Corp. 0.1 $211k 7.5k 28.10
BlackRock Income Trust 0.1 $210k 31k 6.80
Verizon Communications (VZ) 0.1 $207k 5.3k 38.75
Nuveen Insured Quality Muncipal Fund 0.1 $202k 14k 14.85
American Strategic Income Portfolio III 0.1 $199k 20k 10.15
Texas Instruments Incorporated (TXN) 0.1 $188k 13k 15.01
DPL 0.1 $179k 12k 15.34
United Dominion Rlty Tr 0.1 $177k 11k 16.35
Colonial Invt Grade Mun Tr Sh Ben Int 0.1 $152k 14k 11.00
Nuveen Arizona Premium Income Mun (NAZ) 0.1 $150k 10k 14.95
Zweig Total Return Fund 0.1 $149k 27k 5.49
Putnam Mun Bd Ed Sh Ben Int 0.1 $147k 12k 12.17
Isco 0.1 $120k 15k 8.00
Level 3 Communications 0.1 $86k 18k 4.90
Rite Aid Corporation 0.0 $45k 18k 2.45
Lucent Technologies 0.0 $30k 24k 1.26
Efj 0.0 $15k 11k 1.35