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<br />CITY OF REDWOOD CITY, CALIFORNIA <br />TOP TEN PRINCIPAL PROPERTY TAXPAYERS <br />June 30, 2004 <br /> <br />Table 11 <br /> <br /> Percentage of <br /> Net Total Assessed <br />Taxpayer Type of Business Valuation Valuation <br /> $ <br />Oracle Corporation Software Publisher 723,356,570 6.70% <br />Pacific Shores Investors Land Developer 489,034,231 4.53% <br />Perry Public Investment Company Land Developer 324,321,907 3.00% <br />Selco Service Corporation Software Publisher 291,474,563 2.70% <br />Calyon Land Developer 275,417,132 2.55% <br />Irvine Apartment Commun LP Real Estate 236,327,688 2.19% <br />SPK-Towers @ Shores Center LLC Land Developer 197,000,000 1.82% <br />Metropolitan Life Insurance Co. Life Insurance 185,384,377 1.72% <br />EOP - Seaport Centre LLC Land Developer 172,663,654 1.60% <br />Security Capital Pacific Trust Real Estate 115,874,693 1.07% <br /> <br />3,010,854,815 <br /> <br />27.88% <br /> <br />Source: San Mateo County Assessor <br /> <br />101 <br />