N-30D 1 xmx50012.txt T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND Annual Report - Financial Statements T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND DECEMBER 31, 2002 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- FINANCIAL HIGHLIGHTS For a share outstanding throughout each period Year 1/30/98 Ended Through 12/31/02 12/31/01 12/31/00 12/31/99 12/31/98 NET ASSET VALUE Beginning of period $ 9.77 $ 11.12 $ 14.05 $ 11.02 $ 10.00 Investment activities Net investment income (loss) 0.06 0.10 0.09 0.10 0.08 Net realized and unrealized gain loss) (1.83) (1.17) (2.26) 3.56 1.13 Total from investment activities (1.77) (1.07) (2.17) 3.66 1.21 Distributions Net investment income (0.06) (0.10) (0.09) (0.10) (0.08) Net realized gain - (0.18) (0.67) (0.53) (0.11) Total distributions (0.06) (0.28) (0.76) (0.63) (0.19) NET ASSET VALUE End of period $ 7.94 $ 9.77 $ 11.12 $ 14.05 $ 11.02 RATIOS/SUPPLEMENTAL DATA TOTAL RETURN^ (18.12)% (9.55)% (15.58)% 33.72% 12.29% Ratio of total expenses to average net assets 0.40% 0.40% 0.40% 0.40% 0.40% Ratio of net investment income (loss) to average net assets 0.74% 0.96% 0.78% 1.04% 1.15% Portfolio turnover rate 21.0% 31.3% 30.5% 23.4% 26.3% Net assets, end of period (in thousands) $ 66,658 $ 77,331 $ 86,322 $ 54,219 $ 20,743 ^ Total return reflects the rate that an investor would have earned on an investment in the fund during each period, assuming reinvestment of all distributions and payment of no redemption or account fees. + Annualized The accompanying notes are an integral part of these financial statements. T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- December 31, 2002 PORTFOLIO OF INVESTMENTS Shares/Par Value In thousands COMMON STOCKS 96.4% CONSUMER DISCRETIONARY 18.3% AUTO COMPONENTS 0.7% Lear * 2,000 $ 67 Gentex * 2,100 66 Superior Industries International 1,000 41 Arvinmeritor 2,125 35 American Axle & Manufacturing Holdings * 1,400 33 Borg-Warner 600 30 Bandag Inc. 600 23 Federal Signal 1,000 19 Aftermarket Technology * 1,100 16 Modine Manufacturing 900 16 Keystone Automotive * 900 14 Tower Automotive * 2,600 12 Collins & Aikman ** 2,500 11 Sauer-Danfoss 1,200 10 Sports Resorts International ** 1,500 9 Finishmaster * 700 8 Dura Automotive Systems * 800 8 Rockford Corporation * 1,100 6 Noble International * 800 6 Strattec Security * 100 5 Amcast Industrial * 2,200 4 IMPCO Technologies ** 700 3 Standard Motor Products, Class A * 200 3 QUANTUM Fuel Systems Technologies Worldwide ** 700 2 447 AUTOMOBILES 0.1% Thor Industries * 800 28 Winnebago * 600 23 Monaco Coach * 900 15 Coachmen Industries 700 11 National RV Holdings ** 1,200 7 84 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands DISTRIBUTORS 0.1% Handleman * 1,300 $ 15 Advanced Marketing Services 900 13 WESCO International * 2,300 13 41 HOTELS, RESTAURANTS & Leisure 2.8% MGM Grand * 4,496 148 Royal Caribbean Cruises 5,910 99 Brinker * 3,050 98 Outback Steakhouse 2,200 76 Park Place Entertainment * 8,800 74 Mandalay Resort Group * 2,200 67 International Speedway, Class A 1,800 67 Cracker Barrel 2,000 60 GTECH * 2,100 59 Krispy Kreme ** 1,700 57 The Cheesecake Factory * 1,350 49 Extended Stay America * 3,000 44 Cedar Fair L. P. * 1,800 42 Choice Hotels International * 1,600 36 PF Chang's China Bistro ** 1,000 36 Speedway Motorsports 1,400 36 Panera Bread, Class A ** 1,000 35 Ruby Tuesday 2,000 35 Station Casinos ** 1,850 33 Applebee's 1,350 31 Boyd Gaming ** 2,100 30 Bob Evans Farms 1,200 28 Alliance Gaming * 1,600 27 CEC Entertainment * 800 25 Sonic * 1,175 24 Jack In The Box * 1,300 22 Penn National Gaming * 1,400 22 IHOP * 900 22 Papa John's International ** 700 20 Rare Hospitality International * 700 19 Shuffle Master ** 1,000 19 Churchill Downs * 500 19 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Aztar * 1,300 $ 19 Gaylord Entertainment * 900 19 Isle of Capri Casinos * 1,400 19 Marcus 1,300 18 Triarc Companies, Class A * 700 18 California Pizza Kitchen * 700 18 Argosy Gaming * 900 17 AFC Enterprises * 800 17 Frisch's Restaurants 800 17 Multimedia Games ** 600 16 Prime Hospitality * 2,000 16 Six Flags * 2,800 16 Lone Star Steakhouse & Saloon 800 15 Garden Fresh Restaurant * 1,500 15 Vail Resorts ** 900 14 Ryan's Family Steak Houses * 1,200 14 WMS Industries ** 900 14 Ameristar Casinos ** 900 13 Hollywood Casino, Class A * 900 11 BUCA ** 1,300 11 Boca Resorts, Class A * 1,000 11 Dave & Buster * 1,200 10 O' Charley's * 500 10 Scientific Games, Class A * 1,400 10 Pinnacle Entertainment * 1,400 10 Steak `N Shake * 800 8 Schlotzsky's * 2,100 7 Landry's Seafood Restaurant 300 6 Bally Total Fitness Holdings ** 800 6 CKE Restaurants * 1,250 5 MTR Gaming Group * 600 5 Dover Downs Gaming & Entertainment 490 4 Dover Motorsports 700 3 Famous Dave's of America * 1,000 3 1,874 HOUSEHOLD DURABLES 1.7% Mohawk Industries * 2,054 117 Lennar 1,884 97 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands D. R. Horton 4,542 $ 79 NVR * 230 75 Harman International 1,000 59 Clayton Homes ** 4,550 55 La-Z Boy 2,200 53 Blyth Industries 1,600 43 Ethan Allen Interiors 1,200 41 Toll Brothers * 2,000 40 Furniture Brands International * 1,600 38 MDC Holdings * 880 34 Yankee Candle Company * 1,800 29 Russ Berrie 800 27 Ryland Group 800 27 Toro 400 26 Standard Pacific 900 22 Meritage ** 600 20 Rayovac * 1,400 19 Kimball International, Class B 1,300 19 Beazer Homes ** 300 18 Mathews International, Class A 800 18 Fleetwood ** 2,000 16 Flexsteel Industries 900 15 Palm Harbor Homes ** 800 14 Technical Olympic USA * 900 13 Hovnanian Enterprises, Class A * 420 13 Libbey 500 13 Enesco Group * 1,800 13 WCI Communities ** 1,200 12 Skyline 400 12 Helen of Troy Limited ** 1,000 12 Knape & Vogt Manufacturing 900 10 Stanley Furniture * 400 9 Department 56 * 700 9 Universal Electronics * 700 7 Champion Enterprises ** 2,300 7 Applica * 1,300 6 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands A. T. Cross, Class A * 1,100 $ 6 Oneida 500 5 Bush Industries, Class A 900 4 Foamex International * 900 3 1,155 INTERNET & CATALOG RETAIL 1.0% USA Interactive * 11,640 267 Amazon.com ** 11,600 219 Ticketmaster Online-CitySearch, Class B * 3,400 72 Alloy Online ** 1,900 21 ValueVision International, Class A * 1,300 19 Netflix ** 1,200 13 Priceline.com ** 7,400 12 Insight Enterprises * 1,400 12 J. Jill Group * 750 10 GSI Commerce ** 2,100 8 Coldwater Creek ** 300 6 1-800-Flowers.com, Class A * 900 6 Hollywood Media ** 1,300 1 Delias, Class A * 1,700 1 667 LEISURE EQUIPMENT & Products 0.3% Polaris Industries 700 41 Callaway Golf 2,400 32 Oakley ** 2,500 26 SCP Pool ** 650 19 The Boyds Collection * 2,700 18 Nautilus Group ** 937 12 JAKKS Pacific ** 900 12 Leapfrog Enterprises ** 400 10 Steinway Musical Instruments * 600 10 Racing Champions Corporation * 700 10 Action Performance Cos * 500 9 Arctic Cat 500 8 MarineMax ** 600 7 Johnson Outside, Class A * 700 7 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands MEDIA 6.6% Liberty Media, Class A * 72,425 $ 647 Cox Communications, Class A * 18,045 512 General Motors Corp. * 29,177 312 Fox Entertainment Group, Class A * 10,700 277 Washington Post, Class B 290 214 Scripps, Class A 2,350 181 Echostar Communications * 7,300 163 Westwood One * 3,500 131 Cablevision Systems, Class A ** 6,660 112 Metro Goldwyn Mayer * 7,400 96 Lamar Advertising, Class A * 2,600 88 Pixar ** 1,500 80 McClatchy, Class A 1,400 79 Entercom Communications * 1,600 75 Belo Corporation 3,300 70 Hearst-Argyle Television * 2,891 70 PanAmSat ** 4,700 69 Hispanic Broadcasting * 3,300 68 Harte-Hanks 2,850 53 John Wiley & Sons, Class A 2,100 50 Getty Images * 1,600 49 Lee Enterprises 1,400 47 Radio One, Class A ** 3,200 47 Interactive Data * 3,300 45 Reader's Digest, Class A 3,000 45 Scholastic * 1,200 43 Gemstar TV Guide * 12,000 39 Media General, Class A 600 36 Catalina Marketing * 1,850 34 Cox Radio, Class A * 1,500 34 Hollinger International, Class A 3,300 34 Regal Entertainment Group, Class A 1,500 32 Emmis Broadcasting, Class A * 1,400 29 Mediacom Communications, Class A * 3,300 29 Cumulus Media, Class A * 1,700 25 Grey Advertising 40 24 Insight Communications, Class A ** 1,900 24 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- In thousands Liberty 600 $ 23 Journal Register * 1,300 23 Macrovision * 1,300 21 Salem Communications, Class A * 800 20 Entravision Communications * 2,000 20 LIN TV, Class A * 800 19 Sinclair Broadcast Group, Class A * 1,600 19 Pulitzer 400 18 R.H. Donnelley * 600 18 Value Line 400 17 Cadmus Communications 1,500 17 Fisher Companies 300 16 Spanish Broadcasting, Class A * 1,900 14 ADVO * 400 13 Primedia * 5,836 12 Charter Communications, Class A ** 9,800 12 Information Holdings * 700 11 Equity Marketing * 800 11 Regent Communications * 1,800 11 Young Broadcasting, Class A * 800 11 Saga Communications, Class A * 550 10 TiVo ** 1,900 10 Daily Journal ** 400 10 Playboy Enterprises, Class B ** 900 9 Unitedglobalcom, Class A * 3,700 9 AMC Entertainment * 1,000 9 Harris Interactive * 3,000 9 APAC TeleServices * 3,700 9 Beasley Broadcast Group, Class A * 600 7 Acme Communications * 900 7 Crown Media, Class A ** 2,700 6 Source Information Management ** 1,400 6 XM Satellite Radio Holdings, Class A ** 2,000 5 LodgeNet Entertainment * 500 5 4Kids Entertainment ** 200 4 Paxson Communications ** 2,100 4 Sonic Solutions ** 700 4 Ascent Media Group * 1,820 2 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Championship Auto Racing Team * 500 $ 2 On Command * 2,000 1 Penton Media ** 1,700 1 4,418 MULTILINE RETAIL 0.5% Dollar Tree Stores * 3,525 86 99 Cents Only Stores * 2,165 58 Neiman Marcus, Class A * 1,600 49 BJ's Wholesale Club * 2,200 40 Saks * 3,375 40 Tuesday Morning * 1,200 20 Shopko Stores ** 1,600 20 Fred's, Class A 750 19 Stein Mart * 3,100 19 Bon-Ton Stores * 3,500 14 PriceSmart * 200 5 370 SPECIALTY RETAIL 3.6% Weight Watchers * 3,300 152 Autonation * 9,500 119 CDW Computer Centers * 2,600 114 Ross Stores 2,500 106 Williams-Sonoma * 3,700 100 PETsMART * 4,100 70 Abercrombie & Fitch, Class A * 3,400 70 Michaels Stores * 2,000 63 CarMax ** 3,100 55 Pier 1 Imports 2,800 53 Rent-A-Center * 1,000 50 Foot Locker * 4,700 49 Advanced Auto Parts * 1,006 49 Chico's ** 2,500 47 Talbots 1,700 47 Borders Group * 2,600 42 Zale * 1,300 41 Claire's Stores 1,800 40 O'Reilly Automotive * 1,500 38 Barnes & Noble * 1,900 34 Regis 1,300 34 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands American Eagle Outfitters * 2,300 $ 32 Copart * 2,650 31 Payless Shoesource * 605 31 TSC * 800 30 Linens `n Things * 1,300 29 Hot Topic ** 1,100 25 United Rentals * 2,300 25 AnnTaylor Stores * 1,200 24 Pacific Sunwear * 1,350 24 Too * 1,000 24 Pep Boys 2,000 23 Hollywood Entertainment * 1,500 23 Men's Wearhouse * 1,300 22 Hughes Supply 800 22 Burlington Coat Factory 1,200 22 Group One Automotive * 800 19 Dress Barn * 1,400 19 Blockbuster, Class A 1,400 17 Genesco ** 900 17 Aaron Rents, Class A 700 16 Charming Shoppes * 3,700 15 Guitar Center ** 900 15 Rex Stores * 1,450 15 Stage Stores ** 700 15 Party City * 1,200 14 The Buckle Inc * 800 14 CSK Auto ** 1,300 14 Urban Outfitters ** 600 14 Christopher & Banks * 675 14 Sharper Image ** 800 14 United Auto Group ** 1,100 14 Syms * 1,900 13 Asbury Automotive Group * 1,600 13 Movie Gallery * 1,000 13 Cato Corporation, Class A 600 13 CompuCom Systems * 2,300 13 Shoe Carnival * 900 13 Lithia Motors, Class A * 800 13 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Hancock Fabrics 800 $ 12 bebe stores * 900 12 OfficeMax * 2,400 12 Sonic Automotive, Class A * 800 12 Cost Plus * 400 11 Gymboree * 700 11 Electronics Boutique Holdings ** 700 11 TBC * 900 11 Big 5 Sporting Goods * 1,000 11 Hibbett Sporting Goods * 450 11 Pomeroy Computer Resources * 900 11 Haverty Furniture 700 10 Gart Sports Company * 500 10 West Marine * 700 10 Trans World Entertainment ** 2,500 9 Restoration Hardware ** 1,800 9 Building Materials Holdings 600 9 Whitehall Jewellers * 900 9 The Children's Place ** 800 8 Aeropostale ** 800 8 Finlay Enterprises * 700 8 The Finish Line, Class A * 700 7 Tweeter Home Entertainment Group * 1,200 7 Winmark * 700 7 Cole National, Class A * 600 7 Charlotte Russe Holding * 600 6 PC Connection ** 1,200 6 The Sports Authority * 800 6 Wilsons Leather * 900 4 Mothers Work ** 100 4 Ultimate Electronics ** 300 3 Wet Seal * 275 3 United Retail Group * 1,000 3 Footstar ** 400 3 Good Guys ** 1,400 3 Rent Way * 700 2 Friedman's, Class A 100 1 2,384 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands TEXTILES, APPAREL, & LUXURY GOODS 0.9% Coach * 2,700 $ 89 Columbia Sportswear * 1,050 47 Timberland, Class A * 1,000 36 Fossil ** 1,425 29 Brown Group 1,100 26 Saucony, Class B * 2,700 25 Polo Ralph Lauren, Class A * 1,100 24 Wolverine World Wide 1,300 20 Russell 1,000 17 Quiksilver * 600 16 Kellwood 600 16 Superior Uniform Group 1,200 15 Wellman 1,100 15 Maxwell Shoe, Class A * 1,200 14 Weyco Group 400 14 Tandy Brands * 1,400 13 Unifi * 2,400 13 Haggar 1,000 13 UniFirst 600 12 Phillips-Van Heusen 1,000 11 Movado Group 600 11 Oshkosh B'Gosh, Class A 400 11 Cherokee * 700 10 Kenneth Cole Productions, Class A ** 500 10 Culp ** 1,100 9 Quaker Fabric * 1,300 9 Mossimo ** 1,500 8 Cutter & Buck ** 1,900 7 Guess? ** 1,700 7 K-Swiss, Class A 300 6 Lazare Kaplan International * 1,100 6 Tarrant Apparel ** 1,400 6 Stride Rite 700 5 Nautica Enterprises * 300 3 Madden Steven * 100 2 575 Total Consumer Discretionary 12,236 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands CONSUMER STAPLES 3.9% BEVERAGES 0.3% PepsiAmericas 5,500 $ 74 Constellation Brands, Class A * 2,800 66 Coca-Cola Bottling 400 26 Robert Mondavi, Class A * 400 12 National Beverage * 500 8 Chalone Wine Group * 400 3 189 FOOD & DRUG RETAILING 0.6% Whole Foods Market * 1,800 95 Performance Food Group ** 1,500 51 Rite Aid ** 13,600 33 Longs Drug Stores 1,200 25 Weis Markets 700 22 Casey's General Stores 1,600 19 Ruddick 1,400 19 Duane Reade ** 1,100 19 United Natural Foods * 700 18 Great Atlantic & Pacific Tea Company ** 2,000 16 7-Eleven * 2,000 15 Fresh Brands 800 13 Arden Group * 200 12 Wild Oats Markets * 1,100 11 Marsh Supermarkets, Class B * 900 11 Fleming Companies * 1,500 10 Smart & Final * 1,200 6 NuCo2 ** 700 6 Penn Traffic ** 1,100 4 Pathmark Stores * 700 4 Nash Finch 400 3 412 FOOD PRODUCTS 2.4% Kraft Foods, Class A 8,400 327 Tyson Foods, Class A 11,019 124 McCormick 4,800 111 Dean Foods * 2,972 110 Hormel Foods 4,000 93 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Bunge Limited 2,900 $ 70 J.M. Smucker Company 1,667 66 Smithfield Foods * 3,100 62 Dole Foods 1,600 52 Tootsie Roll Industries 1,685 52 Lancaster Colony 1,200 47 Corn Products International 1,300 39 Sensient Technologies Corporation 1,400 31 Fresh Del Monte Produce 1,500 28 Chiquita Brands * 2,100 28 Delta Pine & Land 1,200 24 Interstate Bakeries 1,600 24 Flowers Foods 1,140 22 Farmer Bros. 70 22 International Multifoods * 900 19 Del Monte Foods * 2,200 17 Central Garden & Pet * 900 17 Riviana Foods 600 16 Zapata Corporation ** 500 15 Ralcorp Holdings * 600 15 American Italian Pasta, Class A ** 400 14 Lance 1,100 13 Peet's Coffee & Tea * 900 13 Seabord 50 12 Rocky Mountain Chocolate Factory * 1,468 12 J&J Snack Foods * 300 11 Pilgrim's Pride * 1,300 11 Alico 400 11 Hain Celestial Group * 700 11 Maui Land & Pineapple * 600 10 Lifeway Foods * 1,100 8 Horizon Organic ** 400 6 Sanderson Farms 300 6 Bridgford Foods 500 6 MGP Ingredients 600 5 Green Mountain Coffee Roasters ** 200 3 Aurora Foods ** 2,928 2 Cadiz ** 2,500 1 1,586 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands HOUSEHOLD PRODUCTS 0.2% Dial Corp. 2,800 $ 57 Church & Dwight 1,200 37 Oil-Dri 1,200 10 Katy Industries * 1,700 6 110 PERSONAL PRODUCTS 0.3% Estee Lauder, Class A 3,900 103 NBTY * 1,800 32 Playtex Products * 2,100 21 Elizabeth Arden ** 1,300 19 Inter Parfums 1,800 14 Chattem * 600 12 Del Laboratories 525 10 Revlon, Class A ** 1,300 4 215 TOBACCO 0.1% Universal Corporation 1,100 41 Schweitzer Mauduit 600 15 Vector Group * 1,048 12 DiMon 1,400 8 Standard Commercial 200 4 80 Total Consumer Staples 2,592 ENERGY 5.1% ENERGY EQUIPMENT & SERVICES 2.5% GlobalSantaFe 6,859 167 Weatherford International * 3,890 155 ENSCO International 4,600 135 Smith International * 3,000 98 Diamond Offshore Drilling 3,900 85 Cooper Cameron * 1,600 80 Patterson-UTI Energy * 2,500 75 Tidewater 2,200 68 Pride International * 3,900 58 National Oilwell * 2,600 57 Grant Prideco * 4,290 50 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Varco International * 2,811 $ 49 Helmerich & Payne 1,600 45 FMC Technologies * 2,000 41 Seacor Smit * 800 36 Key Energy Services * 3,900 35 Cal Dive International * 1,100 26 Unit Corp. * 1,200 22 Oil States International * 1,700 22 Maverick Tube * 1,500 20 Universal Compression Holdings * 1,000 19 Grey Wolf * 4,600 18 Oceaneering International * 700 17 Hanover Compressor ** 1,700 16 Superior Energy * 1,900 16 Offshore Logistics * 700 15 Petroleum Helicopters * 500 15 Torch Offshore * 2,500 14 Lone Star Technologies * 910 14 Carbo Ceramics 400 13 W-H Energy Services * 900 13 Global Industries * 3,000 12 Atwood Oceanics * 400 12 Gulfmark Offshore * 800 12 Matrix Service * 1,100 10 Dril-Quip * 600 10 Gulf Island Fabrication * 600 10 ICO * 7,400 10 Hydril * 400 9 Veritas DGC * 1,100 9 TETRA Technologies * 400 9 Newpark Resources ** 1,800 8 NATCO Group, Class A * 1,200 8 Horizon Offshore * 1,300 6 Input/Output * 1,500 6 NS Group * 900 6 Parker Drilling * 2,400 5 Trico Marine Services * 1,500 5 Dawson Geophysical * 800 5 1,646 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands OIL & GAS 2.6% Murphy Oil 2,760 $ 118 Valero Energy 3,000 111 Ocean Energy 5,000 100 XTO Energy 3,725 92 Pioneer Natural Resources * 3,500 88 Enterprise Products Partners * 4,000 78 Pogo Producing 1,800 67 Noble Energy 1,600 60 Newfield Exploration * 1,500 54 Plains All Amer Pipeline * 2,000 49 Teppco Partners 1,500 42 Western Gas Resources 1,100 41 Chesapeake Energy 5,100 39 Tom Brown * 1,500 38 Forest Oil * 1,300 36 Buckeye Partners 900 35 Westport Resources * 1,530 32 Premcor ** 1,400 31 Houston Exploration * 900 28 St. Mary Land Exploration * 1,100 27 Evergreen Resources * 600 27 Williams Energy Partners * 800 26 Vintage Petroleum 2,300 24 Patina Oil & Gas 750 24 Cimarex Energy * 1,240 22 Denbury Resources * 1,900 21 Frontier Oil 1,200 21 Stone Energy * 600 20 Cabot Oil & Gas, Class A 800 20 BP Prudhoe Bay Royalty Trust * 1,300 19 Ultra Petroleum * 1,900 19 Encore Aquisition * 1,000 18 Hugoton Royalty Trust 1,400 18 Spinnaker Exploration * 800 18 Berry Petroleum, Class A 1,000 17 Magnum Hunter Resources * 2,300 14 Prima Energy * 600 13 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Keneb Services * 700 $ 13 Energy Partners * 1,200 13 3Tec Energy * 900 13 Swift Energy * 1,300 13 Cross Timbers Royalty Trust * 600 12 Remington Oil & Gas * 700 11 Range Resources * 2,100 11 General Maritime ** 1,500 11 OMI * 2,600 11 Plains Resources * 900 11 Petroleum Development * 2,000 11 EXCO Resources * 600 10 TransMontaigne * 2,200 10 Markwest Hydrocarbon * 1,700 10 Carrizo Oil & Gas ** 1,800 9 Edge Petroleum * 2,400 9 Plains Exploration & Production * 900 9 EnergySouth 300 8 KCS Energy ** 4,800 8 Nuevo Energy * 700 8 Greka Energy ** 1,800 7 Adams Resources & Energy 1,100 6 Tesoro Petroleum * 1,200 5 Castle Energy 1,400 5 Syntroleum * 2,900 5 Callon Petroleum ** 1,200 4 Giant Industries * 1,200 4 Beta Oil & Gas * 2,700 2 Meridian Resource * 1,700 1 1,757 Total Energy 3,403 FINANCIALS 28.0% BANKS 9.6% M & T Bank 2,844 226 UnionBancal 4,900 192 National Commerce Financial 6,250 149 Popular 4,300 145 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Greenpoint Financial 3,100 $ 140 Hudson City Bancorp 6,300 117 Compass Bancshares 3,650 114 Banknorth Group 4,695 106 TCF Financial 2,400 105 Sovereign Bancorp 7,200 101 New York Community Bancorp 3,343 97 First Virginia Banks 2,550 95 Commerce Bancorp * 2,150 93 Hibernia Corp., Class A 4,800 93 Commerce Bancshares 2,237 88 Associated Banc-Corp 2,503 85 Astoria Financial 3,100 84 Valley National Bancorp 3,171 84 Capitol Federal Financial * 2,700 78 Mercantile Bankshares 2,000 77 Wilmington Trust, Series A 2,400 76 City National 1,600 70 Bank of Hawaii 2,200 67 Webster Financial 1,856 65 BOK Financial 1,809 59 FirstMerit 2,700 59 Sky Financial 2,832 56 Roslyn Bancorp 2,850 51 Washington Federal 2,023 50 Fulton Financial 2,787 49 Cullen/Frost Bankers 1,500 49 Staten Island Bancorp 2,400 48 Old National Bancorp 1,963 48 Provident Financial Group * 1,800 47 Independence Community Bank 1,800 46 BanCorpSouth 2,325 45 Trustmark 1,900 45 Citizens Banking 1,800 45 WestAmerica Banc 1,100 44 Park National 445 44 United Bankshares 1,500 44 First Citizens Bancshares 450 44 Community First Bankshares 1,600 42 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Hudson United Bancorp 1,356 $ 42 Colonial BancGroup 3,300 39 People's Bank 1,500 38 MAF Bancorp 1,100 37 F.N.B. 1,349 37 International Bancshares 931 37 South Financial Group * 1,754 36 Downey Financial 900 35 Commercial Federal 1,500 35 Waypoint Financial 1,900 34 First Midwest Bancorp 1,256 34 Hancock Holding 750 34 Whitney Holding 1,000 33 East West Bancorp 900 33 Commonwealth Bancorp 700 33 Southwest Bancorp * 1,100 32 Republic Bancorp 2,633 31 Cathay Bancorp 800 30 Susquehanna Bancshares 1,350 28 Silicon Valley Bancshares * 1,500 27 Pacific Capital Bancorp 1,066 27 Sound Federal Bancorp * 900 27 W Holdings Company 1,650 27 Harbor Florida Bancshares 1,200 27 First Niagara Financial 1,000 26 UCBH Holdings 600 26 Suffolk Bancorp 800 25 CVB Financial 987 25 UMB Financial 656 25 S&T Bancorp 1,000 25 FirstBank Puerto Rico 1,100 25 MB Financial 700 24 First Commonwealth Financial 2,100 24 Trustco Bank 2,200 24 Sterling Financial 975 23 First Financial Bancorp 1,402 23 Midwest Banc Holdings * 1,200 23 IndyMac Mortgage Holdings * 1,200 22 Santander Bancorp 1,705 22 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Sandy Spring Bancorp 700 $ 22 Provident Bankshares 951 22 Wintrust Financial * 700 22 CORUS Bankshares 500 22 Gold Banc 2,200 22 Provident Bancorp * 700 22 Flagstar Bancorp * 975 21 BankUnited Financial * 1,300 21 Boston Private Financial * 1,059 21 Westcorp 1,000 21 Greater Bay Bancorp * 1,206 21 Brookline Bancorp 1,749 21 Arrow Financial 672 21 Franklin Financial * 900 21 Chemical Financial 641 21 Coastal Bancorp 600 19 Interchange Financial Services 1,200 19 Chittenden 750 19 Prosperity Bancshares 1,000 19 BostonFed Bancorp 700 19 NBT Bancorp 1,080 18 Texas Regional Bancshares, Class A 510 18 U.S.B. Holding Company 993 18 1st Source 1,041 17 Alabama National Bancorp 400 17 Capital Corp of the West 735 17 Dime Community Bancorp 900 17 Harleysville National 630 17 Troy Financial * 620 17 Trust Company of New Jersey 600 17 Farmers Capital Bank 500 17 Center Bancorp 700 17 Glacier Bancorp 700 17 First of Long Island 450 16 Umpqua Holdings Corporation 900 16 Union Bankshares 600 16 Security Financial Bancorp * 700 16 R & G Financial, Class B 700 16 Northwest Bancorp 1,100 16 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Oriental Financial Group 660 $ 16 BankAtlantic, Class A 1,700 16 Greater Community Bancorp 1,000 16 Century Bancorp, Class A 600 16 United National Bancorp 682 16 Midsouth Bancorp 900 16 Connecticut Bancshares 400 15 Frontier Financial 600 15 First Federal Bancshares of Arkansas 600 15 Amcore Financial 700 15 Net Bank * 1,569 15 PrivateBancorp * 400 15 State Bancorp 832 15 SY Bancorp * 400 15 Anchor Bancorp Wisconsin 700 15 Camden National 600 15 FirstFed Financial * 500 15 First Charter 800 14 Cooperative Bankshares * 900 14 Omega Financial 400 14 City Holding Company 500 14 Sterling Financial 748 14 St. Francis Capital 600 14 Seacoast Financial Services 700 14 NewMil Bancorp 700 14 West Essex Bancorp 400 14 First M&F Corporation 500 14 Northern States Financial 500 14 FNB * 700 14 Logansport Financial 800 13 First United 800 13 First Republic Bank * 650 13 Woronoco Bancorp 600 13 Capital Crossing Bank * 500 13 Bay View Capital * 2,200 13 Banner 660 12 West Coast Bancorp 820 12 National Penn Bancshares 464 12 Community Banks 441 12 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands IBERIABANK 300 $ 12 Riverview Bancorp * 800 12 Hingham Institution for Savings 400 12 Southwest Bancorp 450 12 Guaranty Financial * 900 12 Independent Bank 500 11 Ameriana Bancorp 960 11 Westbank 800 11 Franklin Bancorp 600 11 German American Bancorp 694 11 Integra Bank 600 11 First Indiana 575 11 Western Ohio Financial 500 10 First Federal Bancorp 1,300 10 CB Bancshares 242 10 First Merchants 441 10 Pacific Northwest Bancorp 400 10 First Place Financial 600 10 Irwin Financial * 600 10 WSFS Financial 300 10 Home Federal Savings Bank * 400 10 Mahaska Investment 600 10 FloridaFirst Bancorp * 400 10 First Financial Bankshares 250 10 Union Community Bancorp * 600 9 PFF Bancorp 300 9 Thistle Group Holdings 800 9 WesBanco 400 9 BWC Financial 532 9 Riggs 600 9 Marshall & Ilsley 339 9 Sterling Bancshares 750 9 Peoples Community Bancorp * 400 9 Camco 600 9 Savannah Bancorp 400 8 Abington Bancorp 400 8 Mid-State Bancshares 500 8 Peoples Holding 200 8 Klamath First Bancorp 500 8 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Redwood Empire Bancorp 300 $ 8 Second Bancorp 300 8 Republic Bancshares * 400 8 BancTrust Financial Group 700 8 California First National Bancorp 600 8 Horizon Financial 625 8 Community Bankshares of Indiana 500 8 Matrix Bancorp * 800 8 CoBiz 500 7 Flushing Financial 450 7 Northrim Bank 500 7 GBC Bancorp 300 6 Unizan Financial 276 6 First Busey Corporation, Class A 100 2 Summit Bancshares 100 2 6,396 DIVERSIFIED FINANCIALS 2.7% CIT Group 6,300 124 Legg Mason 2,100 102 SEI 3,400 93 Federated Investors, Class B 3,450 88 A.G. Edwards 2,600 86 Neuberger Berman 2,150 72 Alliance Capital * 2,300 71 John Nuveen, Class A 2,800 71 Allied Capital 3,200 70 Eaton Vance 2,200 62 Investor's Financial Services 2,200 60 Doral Financial 2,100 60 Student Loan Corporation 600 59 Leucadia National 1,500 56 E*TRADE Group * 10,130 49 LaBranche & Co. ** 1,800 48 Waddell & Reed Financial, Class A 2,250 44 Jeffries Group 1,000 42 Raymond James Financial 1,400 42 AmeriCredit ** 4,900 38 Affiliated Managers Group * 700 35 Investment Technology Group * 1,550 35 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands AmeriTrade ** 6,100 $ 35 American Capital Strategies * 1,100 24 WFS Financial * 1,100 23 Sanders Morris Harris Group 2,600 23 Charter Municipal Mortgage Acceptance 1,100 19 Southwest Securities * 1,283 17 Knight/Trimark Group * 3,600 17 CompuCredit ** 2,400 17 New Century Financial * 600 15 Factual Data * 2,000 15 Farmer Mac, Class A 700 14 Cash America Investments 1,400 13 Advanta 1,466 13 World Acceptance * 1,700 13 First Cash * 1,200 12 Friedman, Billings, Ramsey Group ** 1,300 12 Blackrock, Class A * 300 12 Credit Acceptance Corporation * 1,600 10 Financial Federal * 400 10 Metris Companies * 2,950 7 Ocwen Financial * 2,400 7 Soundview Technology Group * 4,400 7 PMC Capital 1,500 6 Asta Funding * 600 6 Gabelli Asset Management, Class A ** 200 6 Instinet Group * 1,000 4 Harris & Harris Group * 1,700 4 DVI Financial * 500 4 Westwood Holdings Group * 220 3 1,775 INSURANCE 8.9% Berkshire Hathaway, Class A * 47 3,419 CNA Financial * 6,400 164 Transatlantic Holdings 1,705 114 Radian Group 2,908 108 Fidelity National Financial 3,060 100 Old Republic International 3,450 97 PMI Group 2,800 84 American National Insurance 950 78 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands White Mountains Insurance Group * 240 $ 78 Arthur J. Gallagher 2,600 76 Erie Indemnity 2,100 76 Brown and Brown 2,000 65 Mercury General 1,700 64 Markel * 310 64 Protective Life 2,300 63 Unitrin 2,000 58 W. R. Berkley 1,350 53 First American Financial 2,400 53 Nationwide Financial Services, Class A 1,700 49 American Financial Group 2,100 48 HCC Insurance Holdings 1,900 47 Reinsurance Group of America * 1,550 42 Hilb Rogal and Hamilton * 1,000 41 StanCorp Financial Group 800 39 Commerce Group 1,000 38 AmerUs Life * 1,300 37 Alfa 3,000 36 Alleghany 203 36 Arch Capital Group * 1,100 34 MONY Group * 1,400 34 Odyssey Re Holdings 1,800 32 21st Century Insurance Group 2,400 30 Delphi Financial 704 27 UICI * 1,700 26 Great American Financial Resources 1,500 26 Selective Insurance 1,000 25 Horace Mann Educators 1,600 25 RLI 800 22 ProAssurance * 1,020 21 Ohio Casualty ** 1,600 21 Phoenix Companies 2,700 21 Harleysville Group 700 19 FBL Financial Group, Class A 932 18 Philadelphia Consolidated * 500 18 Stewart Information Services * 800 17 Baldwin & Lyons, Class B 700 17 Zenith National 700 16 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Navigators Group * 700 $ 16 American Medical Security * 1,100 15 Midland 800 15 Triad Guaranty * 400 15 MEEMIC Holdings * 500 14 LandAmerica Financial Group 400 14 State Auto Financial 900 14 Clark/Bardes Holdings * 700 14 United Fire & Casualty 400 13 Citizens, Class A 1,755 13 PMA Capital, Class A 900 13 Cotton States Life Insurance 1,300 12 Financial Industries Corporation 800 11 BancInsurance * 2,310 11 Universal American Financial * 1,900 11 PICO Holdings * 800 11 Argonaut Group * 700 10 CNA Surety 1,300 10 Crawford, Class B 2,000 10 Fremont General * 2,000 9 Presidential Life 900 9 Penn-America Group 850 8 Merchants Group 300 7 Standard Management * 1,400 5 Kansas City Life Insurance 100 4 Vesta Insurance 900 3 FPIC Insurance Group ** 200 1 Danielson * 700 1 5,965 REAL ESTATE 6.8% ProLogis Trust, REIT 5,127 129 Archstone-Smith Trust, REIT 5,187 122 Vornado Realty Trust, REIT 3,200 119 Public Storage, REIT 3,600 116 General Growth Properties, REIT 2,100 109 Apartment Investment & Management, Class A, REIT 2,900 109 Boston Properties, REIT 2,900 107 Duke Realty, REIT 3,990 102 Kimco Realty, REIT 3,150 97 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Avalonbay Communities, REIT 1,984 $ 78 Rouse, REIT 2,400 76 AMB Property, REIT 2,700 74 IStar Financial, REIT 2,573 72 Host Marriott, REIT * 8,074 71 St. Joe 2,300 69 Health Care Property Investors, REIT 1,700 65 Regency Centers, REIT 2,000 65 Liberty Property Trust, REIT * 2,000 64 Hospitality Properties Trust, REIT 1,800 63 United Dominion Realty Trust, REIT 3,600 59 Catellus Development * 2,900 58 Weingarten Realty Investors, REIT 1,500 55 New Plan Excel Realty, REIT 2,700 52 Mack-Cali Realty, REIT 1,700 51 Crescent Real Estate Equities, REIT 3,000 50 Trizec Properties, REIT 5,300 50 CBL & Associates Properties, REIT 1,200 48 CarrAmerica Realty, REIT 1,900 48 Annaly Mortgage Management, REIT 2,500 47 BRE Properties, Class A, REIT 1,500 47 Chelsea GCA, REIT 1,400 47 Reckson Associates Realty, REIT 2,100 44 Shurgard Storage Centers, Class A, REIT 1,400 44 Forest City Enterprises 1,300 43 Macerich Company, REIT 1,400 43 Arden Realty, REIT 1,800 40 Developers Diversified Realty, REIT 1,800 40 Realty Income, REIT 1,100 38 Healthcare Realty Trust, REIT 1,300 38 Health & Retirement Properties, REIT 4,600 38 Federal Realty Investment Trust, REIT 1,300 37 Centerpoint Properties, REIT 600 34 Prentiss Properties Trust, REIT 1,200 34 Highwoods Properties, REIT 1,500 33 Camden Property Trust, REIT 1,000 33 Pan Pacific Retail Properties, REIT 900 33 Heritage Property Investment Trust 1,300 32 Kilroy Realty, REIT 1,400 32 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Essex Property Trust, REIT 600 $ 30 Alexandria Real Estate, REIT 700 30 Cousins Properties, REIT 1,150 28 Brandywine Realty Trust, REIT 1,300 28 First Industrial Realty, REIT 1,000 28 NovaStar Financial, REIT * 900 28 Ventas 2,300 26 Commercial Net Lease Realty, REIT 1,700 26 Newhall Land & Farming 900 26 PS Business Parks, REIT 800 25 SL Green Realty, REIT 800 25 Felcor Lodging Trust, REIT 2,200 25 LNR Property 700 25 Health Care, REIT 900 24 Corporate Office Properties Trust, REIT 1,700 24 Capital Automotive, REIT 1,000 24 Entertainment Properties, REIT 1,000 24 Mills, REIT 800 23 Amli Residential Properties, REIT 1,100 23 Bedford Property Investors, REIT 900 23 Washington, REIT 900 23 WP Carey & Co 900 22 Lexington Corporate Properties, REIT 1,400 22 Thornburg Mortgage, REIT * 1,100 22 Sun Communities, REIT 600 22 Koger Equity, REIT 1,400 22 Post Properties, REIT 900 22 Universal Health Realty Income, REIT 800 21 Nationwide Health Properties, REIT 1,400 21 Chateau Communities, REIT 900 21 Home Properties of New York, REIT 600 21 IRT Property, REIT 1,700 20 Gables Residential Trust, REIT 800 20 Innkeepers USA, REIT 2,600 20 Ramco-Gershenson Properties, REIT 1,000 20 Anthracite Capital * 1,800 20 LaSalle Hotel Properties, REIT 1,400 20 Mid-America Apartment Communities, REIT 800 20 Taubman Centers, REIT 1,200 19 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Resource Asset Investment Trust, REIT 900 $ 19 National Health Investors, REIT 1,200 19 Urstadt Biddle Properties, REIT 1,500 19 La Quinta Properties, REIT 4,300 19 Tanger Factory Outlet Centers, REIT 600 19 Great Lakes, REIT 1,100 18 Corrections Corp of America * 1,064 18 Mid-Atlantic Realty Trust, REIT 1,000 17 Colonial Properties Trust, REIT 500 17 FBR Asset Investment, REIT 500 17 Jones Lang Lasalle * 1,100 17 American Real Estate, REIT * 1,800 17 Glimcher Realty Trust, REIT 900 16 Transcontinental Realty Investors, REIT * 900 16 Pennsylvania Real Estate Investment, REIT 600 16 EastGroup Properties, REIT 600 15 Manufactured Home Communities, REIT 500 15 Glenborough Realty Trust, REIT 800 14 American Mortgage Acceptance, REIT 1,000 14 Investors Real Estate Trust, REIT 1,400 14 Urstadt Biddle Properties, Class A, REIT 1,200 13 National Health Realty, REIT 900 13 Shelbourne Properties, REIT 200 13 Hersha Hospitality Trust, Class A, REIT 2,000 13 Trammell Crow * 1,400 13 MeriStar Hospitality, REIT 1,900 13 Monmouth Real Estate Investment, Class A, REIT 1,800 12 AmeriVest Properties, REIT 2,000 12 Senior Housing Properties, REIT 1,160 12 Crown American Realty, REIT 1,300 12 Impac Mortgage Holdings, REIT 1,000 11 LTC Properties, REIT 1,700 11 Summit Properties, REIT 600 11 Agree Realty, REIT 600 10 PMC Commercial Trust, REIT 800 10 Capital Properties 1,200 10 Apex Mortgage Capital, REIT 1,500 10 RFS Hotel Investors, REIT 900 10 Cornerstone Realty Income Trust, REIT 1,200 10 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands JDN Realty, REIT 846 $ 9 Aegis Realty, REIT 800 9 Pittsburgh & West Virginia Railroad, REIT 1,000 9 Kramont Realty Trust, REIT 600 9 Wellsford Real Properties * 500 8 Getty Realty, REIT 400 8 Equity Inns, REIT 1,200 7 Saul Centers, REIT 300 7 Parkway Properties, REIT 200 7 Insignia/ESG Holdings * 700 5 Sizeler Property Investors, REIT 100 1 Capital Properties, Class B *U 120 0 4,502 Total Financials 18,638 HEALTH CARE 10.9% BIOTECHNOLOGY 2.9% Genentech * 6,840 227 Gilead Sciences * 6,060 206 IDEC Pharmaceuticals * 4,680 155 Cephalon * 1,600 78 Millennium Pharmaceuticals * 8,459 67 Celgene ** 2,300 49 Techne * 1,500 43 Amylin Pharmaceuticals ** 2,600 42 Neurocrine Biosciences ** 900 41 ICOS ** 1,700 40 IDEXX Laboratories * 1,200 39 Affymetrix ** 1,660 38 Vertex Pharmaceuticals * 2,310 37 Human Genome Sciences * 3,880 34 Imclone Systems ** 2,743 29 Trimeris ** 600 26 NPS Pharmaceuticals ** 1,000 25 Martek Biosciences ** 1,000 25 Protein Design Labs * 2,900 25 Enzon ** 1,470 25 Regeneron Pharmaceuticals ** 1,300 24 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Genencor International ** 2,200 $ 21 PE - Celera Genomi * 2,193 21 CV Therapeutics ** 1,100 20 OSI Pharmaceuticals ** 1,200 20 Exelixis * 2,400 19 Abgenix ** 2,600 19 VaxGen ** 900 17 Diversa * 1,850 17 Allos Therapeutics ** 2,200 17 Albany Molecular Research * 1,100 16 Cell Genesys ** 1,400 16 Corixa ** 2,301 15 Connetics Corp. * 1,200 14 Tularik ** 1,900 14 La Jolla Pharmaceutical * 2,100 14 BioMarin Pharmaceutical * 1,900 13 Genta ** 1,700 13 Versicor ** 1,200 13 Incyte Genomics * 2,800 13 Alkermes * 2,000 12 Enzo Biochem * 876 12 Myriad Genetics ** 800 12 Telik ** 1,000 12 Cell Therapeutics ** 1,500 11 Transkaryotic Therapies ** 1,100 11 Lexicon Genetics * 2,300 11 Tanox ** 1,200 11 Immunomedics * 2,300 11 ILEX Oncology ** 1,500 11 OraSure Technologies * 1,900 10 Medarex ** 2,600 10 Alexion Pharmaceutical ** 700 10 CuraGen ** 2,100 10 XOMA * 2,300 10 Pharmacyclics ** 2,600 9 Cepheid ** 1,800 9 Array BioPharma * 1,600 9 Isis Pharmaceuticals, Class B ** 1,300 9 Arena Pharmaceuticals ** 1,300 8 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Triangle Pharmaceuticals ** 1,400 $ 8 SangStat Medical * 700 8 Maxygen * 1,000 8 EXACT Sciences ** 700 8 Cubist Pharmaceuticals ** 900 7 NeoPharm ** 680 7 BioSphere Medical * 1,000 7 BioSource International * 1,100 7 Pharmacopeia * 700 6 Digene * 500 6 Biopure, Class A ** 1,500 6 Bio-Technology General * 1,700 5 Luminex ** 1,300 5 Avigen ** 900 5 AVI BioPharma ** 1,000 5 Gene Logic * 760 5 Neose Technologies ** 500 4 Third Wave Technologies ** 1,600 4 Aphton ** 1,100 4 Sequenom ** 2,000 4 ImmunoGen ** 1,100 3 Progenics Pharmaceuticals * 500 3 Neurogen * 800 3 Titan Pharmaceuticals ** 1,900 3 Sangamo BioSciences ** 900 3 Introgen Therapeutics ** 1,200 3 Harvard Bioscience * 700 2 Applied Molecular Evolution * 1,100 2 Genzyme Molecular Oncology ** 1,275 2 Arqule * 700 2 Novavax * 600 2 Texas Biotechnology * 1,100 2 EntreMed ** 1,600 1 Genome Therapeutics * 800 1 Kosan Biosciences * 200 1 1,947 HEALTH CARE EQUIPMENT & SUPPLIES 2.7% Varian Associates * 2,200 109 Dentsply International 2,500 93 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Hillenbrand Industries 1,800 $ 87 Apogent Technologies * 3,700 77 Beckman Coulter 2,000 59 Charles River Laboratories International * 1,400 54 Steris * 2,100 51 Invitrogen * 1,575 49 Edwards Lifesciences * 1,800 46 Fisher Scientific * 1,400 42 Bio-Rad Laboratories, Class A * 1,000 39 Cytyc * 3,700 38 Diagnostic Products 900 35 Mentor 900 35 CTI Molecular Imaging ** 1,300 32 ResMed * 1,000 31 Respironics * 1,000 30 IGEN ** 700 30 Invacare 900 30 Arrow International 700 29 CONMED * 1,450 28 Immucor * 1,200 24 Haemonetics * 1,100 24 Ventana Medical Systems ** 1,000 23 Datascope 900 22 INAMED * 700 22 Cooper Companies * 800 20 American Medical Systems * 1,200 20 Merit Medical Systems * 937 19 Inhale Therapeutic Systems ** 2,300 19 Cyberonics * 1,000 18 Sybron Dental Specialties * 1,200 18 Advanced Neuromodulation Systems ** 500 18 Wright Medical Group ** 1,000 18 Molecular Devices * 1,050 17 SurModics ** 600 17 West Pharmaceutical Services 700 17 Ocular Sciences ** 1,100 17 Biosite Diagnostics ** 500 17 Thoratec * 2,202 17 Conceptus ** 1,300 16 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands PolyMedica ** 500 $ 15 Viasys Healthcare * 1,000 15 Wilson Greatbatch Technologies * 500 15 Possis * 800 14 VISX * 1,500 14 Zoll Medical * 400 14 Bruker Daltonics ** 2,900 14 Meridian Medical Technologies * 300 13 SonoSite * 1,000 13 Mine Safety Appliances 400 13 ArthroCare ** 1,300 13 Integra LifeServices Holdings * 700 12 Vital Signs 400 12 Candela Laser * 1,900 11 ICU Medical * 300 11 Sola * 800 10 Meridian Bioscience 1,500 10 Cerus ** 470 10 Kensey Nash ** 500 9 North American Scientific ** 1,000 9 Kyphon ** 1,000 9 TheraSense ** 1,000 8 Synovis Life Technologies * 900 8 Inverness Medical Innovations ** 600 8 Lifecore Biomedical * 900 8 Serologicals * 700 8 Intuitive Surgical ** 1,100 7 Novoste * 900 7 Exactech * 300 6 Medical Action Industries * 500 5 Align Technology ** 1,900 5 Interpore International * 800 5 EPIX Medical * 700 5 Closure Medical * 400 4 Sonic Innovations * 1,100 4 Endocare ** 1,200 4 Theragenics * 1,000 4 Illumina * 1,000 3 Q Med ** 400 3 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands ABIOMED ** 600 $ 2 AeroGen * 6,000 2 Urologix * 400 1 1,770 HEALTH CARE PROVIDERS & SERVICES 4.0% Caremark RX * 7,800 127 Express Scripts, Class A * 2,500 120 Lincare Holdings * 3,400 108 Health Net * 3,900 103 Oxford Health Plans * 2,700 98 Laboratory Corporation of America * 4,220 98 Patterson Dental * 2,200 96 WebMD ** 9,237 79 Omnicare 3,100 74 First Health Group * 3,000 73 Universal Health Services, Class B * 1,600 72 Advance PCS * 2,900 64 Coventry Health Care * 2,200 64 Triad Hospitals * 2,116 63 Henry Schein * 1,400 63 Community Health System * 2,900 60 Accredo Health * 1,491 53 Renal Care Group * 1,600 51 Davita * 2,000 49 Pharmaceutical Product Development * 1,600 47 Mid-Atlantic Medical Services * 1,400 45 LifePoint Hospitals * 1,300 39 Covance * 1,500 37 Apria Healthcare * 1,600 36 Cerner * 1,100 34 Priority Healthcare, Class B * 1,394 32 Andrx * 2,200 32 Pediatrix Medical Group * 800 32 PacifiCare Health Systems, Class A ** 1,000 28 U.S. Oncology * 3,158 27 Service Corp. International ** 7,600 25 NDC Health * 1,200 24 Inveresk Research Group * 1,100 24 AMN Healthcare Services ** 1,400 24 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands VCA Antech * 1,500 $ 23 Syncor International * 800 22 AmeriPath * 1,000 22 Sunrise Assisted Living ** 800 20 Dianon Systems * 400 19 Unilab * 1,000 18 Cobalt Corporation ** 1,300 18 CorVel * 500 18 Stewart Enterprises, Class A * 3,100 17 PSS World Medical * 2,500 17 Lifeline Systems * 700 16 Maximus ** 600 16 Hooper Holmes 2,500 15 Orthodontic Centers of America ** 1,400 15 Advisory Board * 500 15 Owens & Minor * 900 15 Province Healthcare ** 1,500 15 Dynacq International ** 1,000 14 LabOne * 800 14 Cross Country ** 1,000 14 Genesis Health Ventures * 900 14 Odyssey Healthcare ** 400 14 Select Medical * 1,000 13 RehabCare Group * 700 13 Medical Staffing Network Holdings ** 800 13 Per-Se Technologies * 1,400 13 PDI * 1,150 12 Computer Programs and Systems * 500 12 WellChoice * 500 12 IDX Systems ** 700 12 Gentiva Health Services 1,350 12 IMPATH ** 600 12 SFBC International ** 900 12 Parexel International * 1,000 11 United Surgical Partners International ** 700 11 Sierra Health Services * 900 11 Hanger Orthopedic Group * 700 9 National Healthcare * 500 9 Eclipsys * 1,600 9 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Beverly Enterprises * 3,000 $ 9 Capital Senior Living * 3,000 8 MIM Corporation ** 1,300 8 Kindred Healthcare * 407 7 Res-Care * 1,900 7 Carriage Services, Class A ** 1,600 6 CryoLife ** 900 6 AmSurg * 300 6 AMERIGROUP * 200 6 First Horizon Pharmaceutical * 800 6 OPTION CARE ** 750 6 Alliance Imaging * 1,100 6 VitalWorks * 1,400 5 Specialty Laboratories ** 500 5 U.S. Physical Therapy * 400 4 Matria Healthcare ** 500 4 D&K Healthcare * 400 4 LCA-Vision * 1,600 4 Omnicell * 800 2 QuadraMed ** 800 2 PlanVista * 1,300 2 Radiologix ** 900 2 2,683 PHARMACEUTICALS 1.3% Mylan Laboratories 3,600 126 Barr Laboratories * 1,278 83 IVAX * 6,037 73 Sicor * 3,700 59 Scios ** 1,700 55 Medicis Pharmaceutical, Class A * 900 45 Pharmaceutical Resources * 1,100 33 ICN Pharmaceuticals 2,900 32 Eon Labs * 1,500 28 K-V Pharmaceutical, Class A * 1,200 28 Alpharma, Class A * 2,200 26 Sepracor * 2,700 26 Perrigo * 2,000 24 Medicines Company ** 1,500 24 Endo Pharmaceutical * 3,000 23 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Adolor ** 1,000 $ 14 Atherogenics * 1,600 12 Ligand Pharmaceuticals, Class B ** 2,200 12 Kos Pharmaceuticals ** 600 11 Antigenics ** 1,100 11 CIMA Labs ** 450 11 Impax Laboratories * 2,600 11 MGI Pharma ** 1,400 10 Atrix Laboratory ** 600 9 Bradley Pharmaceuticals, Class A ** 700 9 aaiPharma ** 600 8 Orphan Medical ** 800 7 Noven Pharmaceuticals * 700 7 Columbia Laboratories ** 1,800 6 Bone Care International * 600 6 Discovery Partners * 1,800 5 DURECT * 2,300 5 Cellegy Pharmaceuticals ** 1,100 5 Penwest Pharmaceuticals ** 400 4 Women First Healthcare * 900 4 Pain Therapeutics * 1,700 4 VIVUS ** 900 3 InKine Pharmaceutical ** 1,800 3 AVANIR Pharmaceuticals, Class A ** 2,300 2 Ariad Pharmaceuticals * 900 2 Emisphere Technologies ** 600 2 868 Total Health Care 7,268 INDUSTRIALS & BUSINESS SERVICES 10.5% AEROSPACE & DEFENSE 0.9% L-3 Communications Holdings ** 2,880 129 Alliant Techsystems * 975 61 Precision Castparts 1,200 29 Curtiss-Wright Corporation 400 26 Verdian * 1,100 24 Invision * 700 18 Mercury Computer Systems * 600 18 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Engineered Support System 450 $ 17 World Fuel Services 800 16 Triumph Group * 500 16 Esterline Technologies * 900 16 Aeroflex * 2,200 15 MTC Technologies * 600 15 United Defense Industries * 600 14 GenCorp 1,700 14 Orbital Sciences ** 3,100 13 DRS Technologies * 400 13 EDO * 600 13 Sequa, Class A * 300 12 Pemco Aviation Group * 500 12 United Industrial 700 11 Allied Research ** 600 11 Ducommun * 700 11 Cubic Corp 600 11 Armor Holdings * 800 11 KVH Industries ** 1,100 9 Aviall ** 1,100 9 Kaman, Class A 800 9 Innovative Solutions and Support * 1,400 9 AAR 1,500 8 Integrated Defense Technologies * 500 7 Hexcel * 2,400 7 Ladish Company * 800 6 BE Aerospace * 1,700 6 HEICO 500 5 SPACEHAB ** 5,700 5 Simula * 3,300 4 630 AIR FREIGHT & LOGISTICS 0.5% Expeditors International of Washington 3,200 104 C.H. Robinson Worldwide 2,900 90 CNF 1,600 53 JB Hunt Transport Services * 1,500 44 Airborne Freight 1,200 18 EGL * 1,200 17 Forward Air * 600 12 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Pacer International * 500 $ 7 Atlas Air Worldwide Holdings ** 1,200 2 347 AIRLINES 0.3% JetBlue Airways ** 1,650 45 ExpressJet Holdings * 1,800 19 Northwest Airlines, Class A * 2,500 18 SkyWest 1,300 17 Atlantic Coast Airlines * 1,300 16 Alaska Air Group * 700 15 Continental Airlines, Class B ** 1,800 13 Airtran Holdings * 2,900 11 Midwest Express Holdings * 1,700 9 Frontier Airlines ** 1,050 7 Mesa Air Group * 1,500 6 Amtran * 1,300 6 America West Holdings, Class B * 2,600 5 187 BUILDING PRODUCTS 0.3% York International 1,300 33 Lennox International 1,600 20 Simpson Manufacturing * 600 20 Universal Forest Products 900 19 Trex * 500 18 NCI Building Systems * 700 15 Griffon Corporation * 1,100 15 American Woodmark 300 14 Drew Industries * 800 13 Elcorp 600 11 AAON Inc * 450 8 Apogee Enterprises 900 8 U.S. Industries * 2,000 5 199 COMMERCIAL SERVICES & SUPPLIES 4.4% DST Systems * 3,740 133 Choicepoint * 2,624 104 Republic Services, Class A * 4,900 103 ServiceMaster 8,950 99 Dun & Bradstreet * 2,500 86 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Iron Mountain * 2,480 $ 82 Total Systems Services * 5,900 80 Manpower 2,300 73 Wesco Financial 230 71 Viad 3,100 69 Ceridian * 4,100 59 Certegy * 2,300 56 Career Education * 1,400 56 BISYS Group * 3,500 56 Corinthian Colleges * 1,400 53 Valassis Communications * 1,700 50 Education Management * 1,300 49 HON Industries 1,700 48 Checkfree Holdings ** 2,900 46 Herman Miller 2,500 46 Aramark, Class B * 1,900 45 Devry * 2,500 42 Global Payments 1,280 41 ITT Educational Services * 1,600 38 Arbitron * 1,100 37 Corporate Executive Board * 1,100 35 Waste Connections ** 900 35 Pittston Services 1,849 34 Stericycle ** 1,000 32 Wallace Computer Services 1,400 30 West Corporation * 1,800 30 National Processing * 1,800 29 United Stationers * 1,000 29 FTI Consulting ** 700 28 CSG Systems International * 2,000 27 Tetra Tech * 2,100 26 Banta 800 25 Central Parking 1,300 25 Strayer Education 400 23 CCC Information Services * 1,200 21 G&K Services, Class A 600 21 Prepaid Legal Services ** 800 21 Interpool 1,300 21 John H. Harland 900 20 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Medquist * 982 $ 20 Hewitt Associates * 600 19 Sylvan Learning Systems * 1,134 19 VSE 1,700 18 Bowne 1,500 18 Rollins 700 18 Consolidated Graphics * 800 18 Multi-Color ** 1,050 18 TeleTech Holdings * 2,440 18 American Locker Group * 1,300 17 Kelly Services, Class A 700 17 Kroll * 900 17 Headwaters Incorporated * 1,100 17 PRG-Schultz International ** 1,850 16 ABM Industries 1,000 16 Sotheby's, Class A * 1,700 15 eSpeed, Class A * 900 15 Strategic Distribution * 1,200 15 Watson Wyatt, Class A * 700 15 Ecology and Environment, Class A 1,900 15 SOURCECORP * 800 15 NCO Group ** 900 14 Korn/Ferry * 1,900 14 Resources Connection * 600 14 ICT Group ** 1,200 14 Landauer 400 14 Ionics ** 600 14 Volt Information Sciences * 800 14 EFunds * 1,500 14 Duratek * 1,600 13 Steelcase, Class A * 1,200 13 Wackenhut Corrections * 1,100 12 Exult ** 3,800 12 Pegasus Solutions * 1,200 12 On Assignment * 1,400 12 Right Management Consultants * 900 12 Standard Register 600 11 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands CDI * 400 $ 11 Chemed 300 11 MCSi ** 2,125 10 Lightbridge * 1,638 10 Spherion * 1,500 10 Imagistics International * 500 10 InfoUSA * 2,000 10 School Specialty ** 476 10 Ablest * 1,700 9 Labor Ready * 1,400 9 RMH Teleservices ** 800 8 The Princeton Review * 1,600 8 Electro Rent * 600 7 Administaff ** 1,200 7 Alliance Data Systems * 400 7 Ennis Business Forms 600 7 McGrath RentCorp 300 7 First Consulting Group * 1,200 7 SITEL * 5,700 7 DiamondCluster International, Class A * 2,150 7 Insurance Auto Auctions * 400 7 Mobile Mini * 400 6 Innotrac * 2,700 6 Bright Horizons Family Solutions * 200 6 Learning Tree International ** 400 6 Casella Waste Systems, Class A * 600 5 New England Business Service 200 5 TRC ** 300 4 General Binding * 400 3 Workflow Management * 1,592 3 Edison Schools, Class A ** 1,900 3 Information Resources * 1,800 3 KForce.com * 456 2 Franklin Covey * 1,400 2 Mail-Well ** 500 1 Cornell Companies * 100 1 2,934 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands CONSTRUCTION & ENGINEERING 0.3% Jacobs Engineering Group * 1,700 $ 61 Dycom Industries * 2,033 27 EMCOR Group * 500 26 Granite Construction 1,625 25 Shaw Group ** 1,300 21 Insituform Technologies, Class A ** 900 15 Intergrated Electrical Services * 2,700 10 Butler Manufacturing 500 10 Xanser ** 5,700 9 URS * 500 7 Quanta Services * 1,900 7 Mastec * 1,550 5 223 ELECTRICAL EQUIPMENT 0.8% Energizer * 2,800 78 Hubbell, Class B 1,900 67 AMETEK 1,000 39 A.O. Smith 1,000 27 Baldor Electric * 1,300 26 Brady, Class A 600 20 Genlyte Group * 600 19 Belden * 1,200 18 Woodward Governor 400 17 Acuity Brands 1,200 16 Paxar * 1,100 16 C&D Technologies 900 16 Regal-Beloit 700 14 Franklin Electric 300 14 Fuelcell Energy ** 1,800 12 Plug Power ** 2,300 10 Powell Industries * 600 10 Medis Technologies ** 2,000 10 Vicor * 1,200 10 II-VI * 600 10 Manufacturers' Services ** 1,600 9 Energy Conversion Devices * 800 8 Chase 600 7 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Channell Commercial * 1,700 $ 7 General Cable 1,800 7 Encore Wire * 600 5 BTU International * 2,400 5 Proton Energy Systems ** 1,600 5 AstroPower ** 600 5 MagneTek * 700 3 Capstone Turbine * 1,900 2 Global Power Equipment Group ** 300 1 513 INDUSTRIAL CONGLOMERATES 0.3% Carlisle Companies 1,200 50 Teleflex 1,100 47 Roper Industries 900 33 Tredegar 1,600 24 Walter Industries 1,900 20 Park Ohio Holdings * 2,400 10 184 MACHINERY 1.7% SPX * 2,436 91 Donaldson 1,600 58 AGCO, * 2,300 51 Pentair 1,400 48 Graco 1,625 47 Harsco 1,400 45 Timken 2,100 40 Oshkosh Truck, Class B 600 37 IDEX 1,100 36 Kennametal 900 31 Trinity Industries * 1,500 28 Mueller Industries * 1,000 27 Dionex * 900 27 Tecumseh Products, Class A 600 27 ESCO Electronics * 700 26 CLARCOR 800 26 Nordson 1,000 25 Wabtec 1,600 22 Briggs & Stratton 500 21 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Reliance Steel & Aluminum 1,000 $ 21 Lincoln Electric Holdings 900 21 Manitowoc 800 20 UNOVA * 3,300 20 Tennant 600 20 Flowserve * 1,300 19 Kaydon 900 19 Actuant Corporation, Class A * 405 19 Albany International, Class A 910 19 Valmont Industries 900 17 Cuno * 500 17 Lindsay Manufacturing 750 16 Stewart & Stevenson 1,100 16 Barnes Group 700 14 NACCO Industries, Class A 300 13 Thomas Industries 500 13 Robbins & Myers 700 13 Terex * 1,100 12 Joy Global * 1,000 11 BHA Group, Class A * 600 10 Met-Pro 700 10 Wabash National ** 1,200 10 Watts Industries, Class A 600 9 Milacron 1,500 9 Global Payment Technologies * 1,500 8 Graham 900 8 JLG Industries 1,000 8 Greenbrier Companies * 1,000 7 SPS Technologies * 300 7 A.S.V. * 800 6 EnPro Industries * 1,300 5 Twin Disc 400 5 Wolverine Tube * 800 5 Astec Industries * 400 4 3D Systems * 500 4 Columbus Mckinnon * 500 2 Packaging Dynamics * 180 1 1,151 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands MARINE 0.1% Alexander & Baldwin 1,300 $ 33 Kirby Corporation * 600 16 Maritrans 1,100 15 Overseas Shipholding Group 700 13 77 ROAD & RAIL 0.7% Swift Transportation * 2,790 56 Heartland Express * 1,679 39 Werner Enterprises 1,733 37 Landstar Systems * 500 29 Kansas City Southern Industries * 2,100 25 GATX * 1,100 25 USFreightways 800 23 Roadway Express 600 22 Dollar Thrifty Auto Group ** 1,000 21 Florida East Coast Industries 900 21 Landair * 1,500 19 Knight Transportation * 900 19 Arkansas Best * 700 18 Yellow Corp * 600 15 Genesee & Wyoming, Class A * 575 12 Allied Holdings * 3,500 11 RailAmerica ** 1,200 9 Transport Corp of America * 1,300 6 USA Truck * 900 6 Patriot Transportation Holdings * 200 6 U.S. Xpress Enterprises, Class A * 600 5 Amerco ** 1,000 5 SCS Transportation * 300 3 432 TRADING COMPANIES & DISTRIBUTORS 0.2% Fastenal * 2,400 90 MSC Industrial Direct, Class A * 1,300 23 Lawson Products 700 22 Watsco 800 13 Applied Industrial Technologies 600 11 159 Total Industrials & Business Services 7,036 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands INFORMATION TECHNOLOGY 11.7% COMMUNICATIONS EQUIPMENT 1.4% Juniper Networks * 10,530 $ 72 Harris 2,000 53 Emulex ** 2,520 47 3Com * 9,300 43 ADTRAN ** 1,300 43 Advanced Fibre Communications * 2,400 40 Foundry Networks * 4,850 34 InterDigital Communication ** 2,300 33 Polycom * 3,500 33 Avocent * 1,445 32 Brocade Communications Systems * 7,340 30 Tekelec * 2,600 27 Black Box 570 26 McDATA Corporation * 3,500 25 Adaptec * 3,900 22 Sycamore Networks * 7,350 21 Inter-Tel * 1,000 21 Plantronics ** 1,300 20 ViaSat ** 1,500 17 Powerwave Technologies * 2,700 15 Packeteer * 2,000 14 Computer Network Technology ** 1,900 14 Extreme Networks * 3,750 12 Arris Group * 3,300 12 Echelon ** 1,000 11 Commscope * 1,400 11 Bel Fuse, Class A * 600 11 Cable Design Technologies * 1,750 10 F5 Networks ** 900 10 Ixia * 2,600 9 Symmetricom * 2,200 9 Riverstone Networks ** 4,100 9 Enterasys Networks * 5,300 8 Comtech Telecommunications * 750 8 PC-Tel * 1,100 7 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Sunrise Telecom * 4,200 $ 7 Westell Technologies, Class A ** 6,000 7 Stratex Networks * 3,210 7 Inrange Technologies, Class B ** 3,000 7 Anaren ** 800 7 Corvis * 9,400 7 C-Cor.net ** 2,000 7 Norstan * 1,300 7 ditech Communications ** 2,800 6 Finisar ** 5,900 6 Sonus Networks * 5,290 5 Tollgrade Communications ** 450 5 Terayon Communication Systems ** 2,400 5 REMEC * 1,200 5 Harmonic * 1,884 4 SpectraLink * 600 4 Digital Lightwave ** 3,250 4 Performance Technologies * 1,200 4 Oplink Communications * 4,500 4 MRV Communications * 3,320 4 Paradyne Networks * 2,700 3 Redback Networks ** 4,020 3 Loral Space & Communications * 7,300 3 Centillium Communications * 1,300 3 Aware * 1,300 3 Netopia ** 2,000 3 Tellium * a* 3,500 2 Avanex * 1,800 2 Digi International ** 460 1 Stratos Lightwave ** 226 1 945 COMPUTER PERIPHERALS 0.8% Storage Technology * 3,000 64 Sandisk ** 2,400 49 Western Digital * 5,800 37 Imation * 1,000 35 Maxtor * 6,804 34 Electronics for Imaging * 1,700 28 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Intergraph * 1,500 $ 27 Pinnacle * 1,900 26 Advanced Digital Info * 3,600 24 Avid Technology ** 900 21 Iomega * 2,160 17 Stratasys * 1,700 16 Palm * 900 14 Synaptics * 1,600 12 Video Display * 1,440 10 Presstek * 2,100 10 Datalink * 2,500 10 Sigma Designs * 2,800 10 Interphase * 2,700 10 SBS Technologies * 1,000 9 Quantum DLT & Storage Systems Group * 3,300 9 Hutchinson Technology * 400 8 Rainbow Technologies * 1,100 8 Rimage * 800 6 In Focus Systems * 1,000 6 Silicon Graphics * 5,300 6 Overland Storage ** 400 6 Hypercom * 1,500 6 Handspring ** 5,000 5 Concurrent Computer * 1,600 5 Dataram ** 1,150 3 Vixel * 1,700 3 JNI * 1,200 3 Read-Rite * 3,800 1 538 ELECTRONIC EQUIPMENT & INSTRUMENTS 1.6% Diebold 2,100 87 AVX 5,700 56 Ingram Micro, Class A * 4,500 56 Vishay Intertechnology * 4,631 52 Tech Data * 1,800 49 Amphenol, Class A * 1,200 46 Arrow Electronics * 3,500 45 Avnet * 3,296 36 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Varian * 1,200 $ 34 Anixter International * 1,200 28 FLIR Systems * 500 24 Littelfuse * 1,300 22 Analogic 400 20 KEMET * 2,300 20 Newport * 1,550 19 Technitrol 1,200 19 Park Electrochemical 1,000 19 Photon Dynamics ** 800 18 Itron * 900 17 Benchmark Electronics * 600 17 Identix ** 3,274 17 Scansource ** 300 15 Global Imaging Systems * 800 15 Teledyne Technologies * 900 14 Electro Scientific Industries * 700 14 Veeco ** 1,129 13 Coherent * 650 13 Coors Tek * 500 13 Trimble Navigation * 1,000 13 LSI Industries 900 12 Planar Systems * 600 12 OSI Systems * 700 12 Pioneer-Standard Electronics * 1,200 11 Plexus * 1,160 10 BEI Technologies 900 10 MTS Systems 1,000 10 Methode Electronics, Class A 900 10 Isco 1,200 10 X-Rite 1,300 9 California Amplifier ** 1,800 9 Excel Technology * 500 9 CTS 1,100 9 Lo-Jack * 1,700 8 Intermagnetics General * 408 8 Artesyn Technologies * 2,000 8 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Panavision ** 1,700 $ 7 Trans-Lux Corporation 1,300 7 LeCroy * 600 7 Zygo * 900 6 Zomax * 1,400 6 Surebeam, Class A ** 1,431 6 Nu Horizons Electronics * 1,000 6 Somera Communications ** 1,900 5 Sypris Solutions * 500 5 Merix ** 600 5 Research Frontiers ** 600 5 Keithley Instruments 400 5 Rogers * 200 4 Maxwell Technologies ** 700 4 Cyberoptics * 850 4 OYO Geospace * 500 4 Sirenza * 1,800 3 TTM Technologies * 900 3 Pemstar ** 1,200 3 Acacia Technologies ** 1,020 2 EPlus * 300 2 Reptron Electronics ** 2,400 2 CombiMatrix ** 569 2 1,071 INTERNET SOFTWARE & SERVICES 1.2% VeriSign * 7,488 60 Overture Services * 1,800 49 Expedia, Class A * 700 47 Internet Security Systems * 1,950 36 PEC Solutions ** 1,100 33 Earthlink ** 5,820 32 DoubleClick * 4,892 28 Hotels.Com ** 500 27 United Online * 1,700 27 Webex Communications ** 1,600 24 webMethods ** 2,608 21 Ariba ** 8,600 21 Websense * 900 19 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands FNIS ** 1,100 $ 19 RealNetworks * 4,900 19 CNET Networks * 6,871 19 Neoforma.com ** 1,500 18 Lendingtree ** 1,300 17 Digital River ** 1,300 16 NetRatings * 1,900 14 Infospace.com ** 1,485 13 S1 * 2,800 12 Multex.com * 2,700 11 MarketWatch.com ** 2,200 11 Openwave Systems * 5,363 11 TippingPoint Technologies * 1,100 10 Interwoven * 4,000 10 Register.com * 2,100 9 CMGI ** 9,268 9 Avenue A * 3,100 9 Stellent * 2,000 9 FreeMarkets ** 1,350 9 MatrixOne * 2,000 9 Modem Media, Class A ** 3,200 8 Digitas * 2,400 8 Digital Insight * 931 8 Vignette * 6,448 8 TriZetto Group * 1,200 7 ParthusCeva * 1,200 7 OneSource Information Services * 900 7 Opsware ** 3,900 7 Netegrity * 2,050 7 Akamai Technologies ** 3,778 7 SeeBeyond Technology Corporation * 2,500 6 Retek * 2,145 6 I-many * 4,100 6 Allscripts Heathcare * 2,000 5 Chordiant Software ** 2,920 4 iManage * 1,100 3 Interland ** 2,700 3 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Vitria Technology * 4,200 $ 3 Broadvision ** 788 3 Tumbleweed Communications ** 1,700 3 Kana Communications * 767 1 Commerce One ** 492 1 America Online Latin America, Class A * 2,400 1 797 IT CONSULTING & SERVICES 1.2% Affiliated Computer Services, Class A * 4,100 216 Acxiom * 2,800 43 Anteon International * 1,500 36 BearingPoint * 5,000 34 Perot Systems, Class A * 3,000 32 CACl International, Class A * 800 28 Keane * 2,960 27 Gartner Group, Class B * 2,400 23 Cognizant Technology Solutions, Class A ** 300 22 Titan * 2,049 21 American Management Systems * 1,600 19 Manhattan Associates ** 800 19 Syntel * 800 17 Startek * 600 17 ProQuest ** 800 16 Renaissance Learning ** 800 15 CIBER * 2,800 14 MPS Group * 2,600 14 CoStar Group * 700 13 Igate Capital * 4,500 12 Edgewater Technology * 2,367 11 Computer Horizons * 3,300 11 Bell Microproducts ** 1,900 11 InterCept Group ** 600 10 Tier Technologies, Class B * 600 10 National Wireless Holdings * 600 9 Integral Systems * 400 8 Forrester Research * 500 8 Inforte * 1,000 8 Health Management Systems * 2,000 7 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands SkillSoft ADR * 2,603 $ 7 ProBusiness Services ** 600 6 Technology Solutions * 5,200 6 Safeguard Scientifics * 3,400 5 AnswerThink * 1,700 4 Verso Technology * 7,900 4 Management Network Group * 2,600 4 Netguru * 2,400 3 Sykes Enterprises * 700 2 772 OFFICE ELECTRONICS 0.1% Zebra Technologies, Class A * 900 52 Ikon Office Solutions 4,300 31 Metrologic Instruments * 1,500 11 Gerber Scientific * 1,700 7 101 SEMICONDUCTOR EQUIPMENT & PRODUCTS 2.4% Microchip Technology 6,249 153 Agere Systems, Class A * 46,600 67 Intersil Holding, Class A * 4,120 57 Lam Research * 4,150 45 MEMC Electronic Materials * 5,900 45 Integrated Circuit Systems * 2,400 44 RF Micro Devices ** 5,500 40 Fairchild Semiconductor, Class A * 3,510 38 International Rectifier * 2,000 37 Skyworks Solutions ** 4,100 35 Atmel * 13,600 30 Cabot Microelectronics * 632 30 Cymer ** 900 29 Silicon Laboratories ** 1,500 29 Rambus ** 4,080 27 MKS Instruments ** 1,600 26 Lattice Semiconductor * 2,940 26 Semtech * 2,300 25 GlobeSpan * 5,428 24 Varian Semiconductor Equipment * 1,000 24 Integrated Device Technology * 2,800 23 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Micrel ** 2,580 $ 23 Cypress Semiconductor * 3,900 22 Cognex * 1,200 22 Power Integrations * 1,300 22 Entegris * 2,100 22 Amkor Technology ** 4,500 21 Actel * 1,200 19 Omnivision Technologies ** 1,400 19 ATMI ** 1,000 19 Exar * 1,400 17 Monolithic Systems Technology ** 1,400 17 Zoran ** 1,200 17 FEI * 1,100 17 Credence Systems * 1,800 17 Siliconix * 700 16 TriQuint Semiconductor * 3,780 16 Mykrolis * 2,000 15 Axcelis Technologies * 2,600 15 DSP Group * 900 14 Advanced Energy Industries ** 1,100 14 Artisan Components * 900 14 Brooks-Pri Automation ** 1,164 13 Vitesse Semiconductor * 6,100 13 Cohu 900 13 Kulicke & Soffa * 2,300 13 Silicon Image * 2,100 13 Conexant Systems * 7,500 12 Chippac, Class A * 3,300 12 DuPont Photomasks * 500 12 Photronics ** 810 11 Oak Technology * 4,100 11 Silicon Storage Technology * 2,600 10 Microsemi * 1,700 10 Kopin * 2,600 10 Virage Logic ** 1,000 10 ON Semiconductor * 7,300 10 Rudolph Technologies ** 500 10 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Cirrus Logic * 3,300 $ 10 Asyst Technology ** 1,200 9 ESS Technology ** 1,400 9 PDF Solutions ** 1,200 8 Novellus Systems * 290 8 Semitool * 1,300 8 Helix Technology 700 8 LTX ** 1,200 7 Integrated Silicon Solution * 1,600 7 Pixelworks ** 1,200 7 Ultratech Stepper * 700 7 Pericom Semiconductor * 800 7 MIPS Technologies ** 2,100 6 Three-Five Systems ** 950 6 Microtune * 1,800 6 Alliance Semiconductor * 1,400 5 Amtech Systems * 1,600 5 Transmeta * 4,200 5 Aehr Test Systems * 1,600 4 Mattson Technology ** 1,513 4 Celeritek * 600 4 Sipex * 1,000 4 ANADIGICS ** 1,195 3 EMCORE ** 1,240 3 PLX Technology * 500 2 FSI International * 400 2 Electroglas ** 1,100 2 Nanometrics ** 400 2 TranSwitch * 2,100 1 Therma-Wave * 1,000 1 Multilink Technologies, Class A ** 240 1 1,576 SOFTWARE 3.0% Symantec * 4,320 175 BEA Systems * 12,300 141 Synopsys * 2,433 112 Cadence Design Systems * 8,477 100 Network Associates * 4,872 78 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Fair, Issac and Company * 1,670 $ 71 Reynolds & Reynolds, Class A 2,000 51 National Instruments * 1,400 46 TIBCO Software * 7,150 44 J. D. Edwards * 3,900 44 Sybase * 3,072 41 Factset Research Systems 1,200 34 Jack Henry & Associates 2,700 33 Borland Software * 2,500 31 Kronos * 800 30 Quest Software ** 2,800 29 Take-Two Interactive Software * 1,200 28 Red Hat ** 4,700 28 Macromedia * 2,510 27 Activision ** 1,800 26 Hyperion Solutions * 1,000 26 SERENA Software * 1,500 24 NetIQ ** 1,658 21 Verity * 1,400 19 Barra * 600 18 Progress Software * 1,400 18 Ascential Software * 7,500 18 Radiant Systems * 1,850 18 Informatica * 3,000 17 Documentum * 1,100 17 Agile Software * 2,100 16 Legato Systems * 3,181 16 FileNet * 1,300 16 THQ ** 1,125 15 Radisys * 1,800 14 Ultimate Software Group * 3,900 13 MICROS Systems * 600 13 Mentor Graphics * 1,700 13 i2 Technologies * 11,566 13 Vastera ** 2,300 13 E.piphany * 3,040 13 RSA Security * 2,050 12 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Advent Software * 900 $ 12 ScanSoft ** 2,300 12 Verisity ** 600 11 Wind River Systems * 2,776 11 Digimarc * 1,000 11 MRO Software * 900 11 Sonicwall ** 2,900 11 Ulticom * 1,400 11 MAPICS * 1,500 10 Speechworks International * 3,700 10 SPSS * 700 10 Dendrite International * 1,300 10 Datastream * 1,500 10 WatchGuard Technologies ** 1,500 10 EPIQ Systems * 600 9 Transaction Systems Architects, Class A * 1,400 9 Bottomline Technologies ** 1,500 9 Captaris * 3,600 9 Micromuse * 2,260 9 Ansoft * 1,400 9 AuthentiDate Holding ** 2,800 9 Entrust Technologies ** 2,500 8 Embarcadero ** 1,400 8 Secure Computing ** 1,300 8 SeaChange International * 1,300 8 JDA Software Group ** 800 8 Timberline Software 1,300 8 MapInfo * 1,375 8 Insignia Systems ** 700 7 Inet Technologies * 1,200 7 DocuCorp International, Class A ** 1,100 7 Catapult Communications * 600 7 MSC Software ** 900 7 Phoenix Technologies * 1,200 7 Synplicity * 1,800 7 Magma Design Automation ** 700 7 Pegasystems * 1,300 7 Inktomi * 4,000 6 Ansys ** 300 6 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands Systems & Computer Technology * 700 $ 6 TALX Corporation * 440 6 Epicor Software * 4,400 6 NetScout Systems * 1,200 5 Nuance Communications * 2,100 5 Manugistics Group ** 2,000 5 Actuate * 2,700 5 Lawson Software * 800 5 Liberate Technologies ** 3,150 5 Concord Communications * 500 5 Infogrames * 2,400 4 Practiceworks ** 525 4 Quality Systems * 200 4 QRS * 600 4 Moldflow * 500 4 Portal Software * 4,300 3 Numerical Technologies * 1,000 3 Sanchez Computer Associates * 1,200 3 NEON Systems * 1,200 3 NYFIX * 750 3 PLATO Learning * 566 3 Caminus Corporation * 1,400 3 Midway Games ** 779 3 Tripos * 400 3 Aspen Technology ** 1,000 3 Witness Systems * 800 3 ONYX Software * 1,700 3 Indus International * 1,600 3 Viewpoint Corporation ** 1,300 2 Roxio * 500 2 Novadigm * 900 2 Mercator Software ** 1,400 1 Acclaim Entertainment ** 1,800 1 OPNET Technologies * 100 1 MetaSolv Software * 500 1 1,998 Total Information Technology 7,798 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands MATERIALS 3.6% CHEMICALS 1.4% Valspar 1,500 $ 66 RPM 3,900 60 Cabot 2,200 58 Lyondell Chemical 4,500 57 Lubrizol 1,600 49 Albemarle 1,600 45 Scotts, Class A * 900 44 Airgas * 2,300 40 Cytec Industries * 1,400 38 IMC Global 3,300 35 Minerals Technologies 800 35 Ferro 1,300 32 FMC * 1,100 30 Valhi 3,600 30 Georgia Gulf 1,200 28 NL Industries * 1,600 27 A. Schulman 1,300 24 Crompton 3,924 23 Macdermid 900 21 H.B. Fuller 720 19 International Specialty Products * 1,800 18 Millennium Chemicals 1,900 18 Olin 1,100 17 Symyx Technologies * 1,350 17 Lesco * 1,200 17 Solutia 4,100 15 Spartech 600 12 Arch Chemicals 650 12 PolyOne 3,000 12 Terra Nitrogen Com L.P. 2,000 12 Nanophase Technologies * 3,000 8 W. R. Grace * 4,000 8 OMNOVA Solutions * 1,800 7 CFC International * 1,600 7 Valley National Gases * 1,200 7 Calgon Carbon 800 4 952 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands CONSTRUCTION MATERIALS 0.4% Lafarge 2,100 $ 69 Martin Marietta Materials 1,500 46 Florida Rock Industries 950 36 Centex Construction Products 700 25 Texas Industries 800 20 Devcon International * 2,100 14 Ameron International 150 8 U.S. Concrete * 1,300 7 225 CONTAINERS & PACKAGING 0.7% Smurfit-Stone Container * 7,500 115 Owens-Illinois * 5,000 73 Sonoco Products 2,960 68 Packaging Corp of America * 3,200 58 Crown Cork & Seal * 6,200 49 Aptargroup 1,300 41 Greif Bros., Class A 900 21 Silgan Holdings * 600 15 Caraustar * 1,200 11 Rock-Tenn, Class A 700 10 Longview Fibre * 1,100 8 Chesapeake Corp 400 7 Jarden Corporation * 200 5 Graphic Packaging International * 500 3 484 METALS & MINING 0.8% Peabody Energy 1,800 53 Meridian Gold ** 2,700 47 CONSOL Energy * 2,400 41 Arch Coal 1,700 37 Royal Gold * 1,300 32 Glamis Gold Limited ** 2,800 32 AK Steel * 2,844 23 Massey 2,300 22 Gibraltar Steel 1,100 21 Steel Dynamics * 1,400 17 Quanex 500 17 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands GrafTech International * 2,800 $ 17 MAXXAM * 1,700 16 USEC 2,500 15 Commercial Metals 900 15 Northwest Pipe * 700 12 Carpenter Technology 800 10 Cleveland-Cliffs ** 500 10 Ryerson Tull 1,600 10 Century Aluminum 1,300 10 NN 900 9 Steel Technologies 500 8 Westmoreland Coal * 700 8 Stillwater Mining * 1,200 6 Synalloy * 1,500 6 Universal Stainless & Alloy Products * 1,000 6 Oregon Steel Mills * 1,000 4 504 PAPER & FOREST PRODUCTS 0.3% Bowater 1,700 71 Rayonier 800 36 P.H. Glatfelter 1,300 17 Badger Paper Mills * 2,000 15 Potlatch 600 14 FiberMark * 1,800 14 Deltic Timber 500 13 Wausau-Mosinee Paper 1,100 12 Pope & Talbot 700 10 Buckeye Technologies * 600 4 206 Total Materials 2,371 TELECOMMUNICATION SERVICES 0.9% DIVERSIFIED TELECOMMUNICATION SERVICES 0.4% Level 3 Communications ** 12,000 59 Broadwing * 7,148 25 Commonwealth Telephone Enterprises * 700 25 Surewest Communications * 600 22 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands General Communications * 2,800 $ 19 Infonet Services, Class B * 8,500 17 IDT * 900 15 PTEK Holdings * 2,700 12 Intrado * 1,000 10 Hickory Technology 1,000 9 CT Communications 800 9 D&E Communications 1,009 8 US LEC, Class A ** 3,000 7 Time Warner Telecom, Class A ** 3,160 7 ITXC * 1,800 4 XETA Technologies ** 1,300 4 Lynch Interactive ** 100 3 Allegiance Telecom ** 3,300 2 Alaska Communications Systems Group * 1,000 2 McLeodUSA, Class A ** 961 1 McLeodUSA Escrow **U 16,412 0 260 WIRELESS TELECOMMUNICATION SERVICES 0.5% Telephone and Data Systems 1,800 85 U. S. Cellular ** 2,700 67 Nextel Partners, Class A * 4,600 28 Price Communications * 1,934 27 Crown Castle International * 6,500 24 American Tower Systems, Class A ** 4,500 16 Wireless Facilities * 2,000 12 Triton PCS Holdings, Class A ** 2,700 11 Centennial Communication, Class A ** 3,500 9 @Road * 2,200 9 Boston Communications Group * 600 8 Aether Systems ** 1,900 7 Metro One Telecommunications ** 1,050 7 EMS Technologies * 400 6 Alamosa Holdings * 3,600 2 318 Total Telecommunication Services 578 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands UTILITIES 3.5% ELECTRIC UTILITIES 1.6% Potomac Electric Power 4,900 $ 95 Wisconsin Energy 3,400 86 NSTAR 1,615 72 DPL 4,300 66 Allete 2,700 61 Puget Energy 2,700 59 Northeast Utilities 3,600 55 OGE Energy 3,100 55 Great Plains Energy * 2,100 48 Hawaiian Electric Industries 900 40 WPS Resources * 1,000 39 DQE 2,300 35 Alliant 2,100 35 Public Service of New Mexico 1,400 33 CH Energy Group 700 33 IdaCorp 1,100 27 Black Hills 1,000 26 Otter Tail 800 21 United Illuminating 600 21 Unisource Energy 1,100 19 Cleco 1,200 17 El Paso Electric * 1,400 15 Florida Public Utilities 1,033 15 UNITIL Corp 600 15 Empire District Electronics 800 15 Madison Gas & Electric 500 13 Central Vermont Public Service 600 11 1,027 GAS UTILITIES 0.6% Kinder Morgan Management 1,300 41 Piedmont Natural Gas Company 1,000 35 AGL Resources 1,400 34 Washington Gas & Light 1,400 33 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands UGI 700 $ 26 TC Pipelines 1,000 26 New Jersey Resources 800 25 Southern Union 1,499 25 Atmos Energy 900 21 Northwest Natural Gas 700 19 Cascade Natural Gas 900 18 Chesapeake Utilities 800 15 Laclede Gas 600 15 Southwest Gas 600 14 Southwestern Energy * 1,200 14 RGC Resources 700 13 SEMCO Energy * 2,100 13 South Jersey Industries 300 10 NUI * 400 7 404 MULTI-UTILITIES & UNREGULATED POWER 1.0% Energy East 4,500 99 SCANA 3,110 96 Equitable Resources 2,200 77 Questar 2,500 70 National Fuel Gas Company 2,800 58 MDU Resources Group 2,200 57 Vectren 1,799 41 ONEOK 2,100 40 Energen 1,100 32 Reliant Resources * 8,900 29 Westar Energy 2,200 22 Sierra Pacific Resources * 2,500 16 Baycorp * 1,100 16 Avista 1,000 12 Aquila 5,488 10 NorthWestern * 1,800 9 684 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Shares/Par Value In thousands WATER UTILITIES 0.3% American Water Works 2,900 $ 132 Philadelphia Suburban 2,481 51 Connecticut Water Service 650 16 California Water Service Group 400 10 209 Total Utilities 2,324 Total Common Stocks (Cost $86,485) 64,244 SHORT-TERM INVESTMENTS 4.1% U.S. GOVERNMENT OBLIGATIONS/AGENCIES 0.5% U.S. Treasury Bills, 1.25%, 5/22/03 ** 300,000 299 299 MONEY MARKET FUND 3.6% T. Rowe Price Reserve Investment Fund, 1.53% # 2,421,295 2,421 2,421 Total Short-Term Investments (Cost $2,720) 2,720 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- Value In thousands TOTAL INVESTMENTS IN SECURITIES 100.5% of Net Assets (Cost $8 $ 66,964 FUTURES CONTRACTS Contract Unrealized Expiration Value Gain (Loss) ---------- -------- ----------- In thousands Long, 7 S&P Mid Cap 400 Stock Index contracts,$85,000 of U.S. Treasury Bills pledged as initial margin 3/03 $ 1,505 $ (33) Long, 5 Russell 2000 Stock Index contracts, $70,000 of U.S. Treasury Bills pledged as initial margin 3/03 $ 958 $ (16) Net payments (receipts) of variation margin to date 58 Variation margin receivable (payable) on open futures contracts 9 Other Assets Less Liabilities (315) NET ASSETS $ 66,658 # Seven-day yield * Non-income producing * All or a portion of this security is on loan at December 31, 2002 - See Note 2 ** All or a portion of this security is pledged to cover margin requirements on futures contracts at December 31, 2002 a Security contains restrictions as to public resale pursuant to the Securities Act of 1933 and related rules -- total of such securities at period-end amounts to $2 and represents 0.0% of net assets U Security valued by the Fund's Board of Directors ADR American Depository Receipts REIT Real Estate Investment Trust The accompanying notes are an integral part of these financial statements. T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- December 31, 2002 STATEMENT OF ASSETS AND LIABILITIES In thousands ASSETS Investments in securities, at value (cost $89,205) $ 66,964 Securities lending collateral 8,365 Other assets 160 Total assets 75,489 LIABILITIES Obligation to return securities lending collateral 8,365 Other liabilities 466 Total liabilities 8,831 NET ASSETS $ 66,658 NET ASSETS CONSIST OF: Undistributed net investment income (loss) $ 30 Undistributed net realized gain (loss) (17,410) Net unrealized gain (loss) (22,290) Paid-in-capital applicable to 8,395,526 shares of $0.0001 par value capital stock outstanding; 1,000,000,000 shares of the Corporation authorized 106,328 NET ASSETS $ 66,658 NET ASSET VALUE PER SHARE $ 7.94 The accompanying notes are an integral part of these financial statements. T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- STATEMENT OF OPERATIONS In thousands Year Ended 12/31/02 INVESTMENT INCOME (LOSS) Income Dividend $ 694 Interest 74 Securities lending 44 Other 7 Total income 819 Expenses Investment management and administrativ 287 Net investment income (loss) 532 Realized and Unrealized Gain (Loss) Net realized gain (loss) Securities (8,298) Futures (618) Net realized gain (loss) (8,916) Change in net unrealized gain (loss) Securities (5,974) Futures (110) Change in net unrealized gain (loss) (6,084) Net realized and unrealized gain (loss) (15,000) INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS $ (14,468) The accompanying notes are an integral part of these financial statements. T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- STATEMENT OF CHANGES IN NET ASSETS In thousands Year Ended 12/31/02 12/31/01 INCREASE (DECREASE) IN NET ASSETS Operations Net investment income (loss) $ 532 $ 723 Net realized gain (loss) (8,916) (8,633) Change in net unrealized gain (loss) (6,084) (227) Increase (decrease) in net assets from operations (14,468) (8,137) Distributions to shareholders Net investment income (502) (736) Net realized gain - (1,330) Decrease in net assets from distributions (502) (2,066) Capital share transactions * Shares sold 29,945 37,434 Distributions reinvested 483 1,997 Shares redeemed (26,132) (38,221) Redemption fees received 1 2 Increase (decrease) in net assets from capital share transactions 4,297 1,212 NET ASSETS Increase (decrease) during period (10,673) (8,991) Beginning of period 77,331 86,322 END OF PERIOD $ 66,658 $ 77,331 *Share information Shares sold 3,370 3,746 Distributions reinvested 61 211 Shares redeemed (2,953) (3,801) Increase (decrease) in shares outstanding 478 156 The accompanying notes are an integral part of these financial statements. T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- NOTES TO FINANCIAL STATEMENTS NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES T. Rowe Price Index Trust, Inc. (the corporation) is registered under the Investment Company Act of 1940the 1940 Act). The Extended Equity Market Index Fund (the fund), a diversified, open-end management investment company, is one of the portfolios established by the corporation and commenced operations on January 30, 1998. The fund seeks to match the performance of the U.S. stocks not included in the Standard & Poor's 500 Stock Index(R), as represented by the Wilshire 4500 Completion Index. The accompanying financial statements were prepared in accordance with accounting principles generally accepted in the United States of America, which require the use of estimates made by fund management. VALUATION Equity securities listed or regularly traded on a securities exchange or in the over-the-counter market are valued at the last quoted sale price at the time the valuations are made. A security that is listed or traded on more than one exchange is valued at the quotation on the exchange determined to be the primary market for such security. Listed securities not traded on a particular day are valued at the mean of the latest bid and ask prices. Other equity securities are valued at a price within the limits of the latest bid and ask prices deemed by the Board of Directors, or by persons delegated by the Board, best to reflect fair value. Investments in mutual funds are valued at the closing net asset value per share of the mutual fund on the day of valuation. Financial futures contracts are valued at closing settlement prices. Assets and liabilities for which the above valuation procedures are inappropriate or are deemed not to reflect fair value are stated at fair value as determined in good faith by or under the supervision of the officers of the fund, as authorized by the Board of Directors. PREMIUMS AND DISCOUNTS Premiums and discounts on debt securities are amortized for financial reporting purposes. REDEMPTION FEES A 0.5% fee is assessed on redemptions of fund shares held less than 6 months. Such fees are deducted from redemption proceeds and retained by the fund, and have the primary effect of increasing paid-in capital. T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- OTHER Income and expenses are recorded on the accrual basis. Investment transactions are accounted for on the trade date. Realized gains and losses are reported on the identified cost basis. Dividend income and distributions to shareholders are recorded by the fund on the ex-dividend date. Payments ("variation margin") made or received by the fund to settle the daily fluctuations in the value of futures contracts are recorded as unrealized gains or losses until the contracts are closed. Unrealized gains and losses on futures contracts are included in Other assets and Other liabilities, respectively, in Change in net unrealized gain or loss in the accompanying financial statements. NOTE 2 - INVESTMENT TRANSACTIONS Consistent with its investment objective, the fund engages in the following practices to manage exposure to certain risks or enhance performance. The investment objective, policies, program, and risk factors of the fund are described more fully in the fund's prospectus and Statement of Additional Information. FUTURES CONTRACTS During the year ended December 31, 2002, the fund was a party to futures contracts, which provide for the future sale by one party and purchase by another of a specified amount of a specific financial instrument at an agreed upon price, date, time, and place. Risks arise from possible illiquidity of the futures market and from movements in security values. SECURITIES LENDING The fund lends its securities to approved brokers to earn additional income. It receives as collateral cash and government securities valued at 102% to 105% of the value of the securities on loan. Cash collateral is invested in a money market pooled account by the fund's lending agent. Collateral is maintained over the life of the loan in an amount not less than the value of loaned securities, as determined at the close of fund business each day; any additional collateral required due to changes in security values is delivered to the fund the next business day. Although risk is mitigated by the collateral, the fund could experience a delay in recovering its securities and a possible loss of income or value if the borrower fails to return the securities. At December 31, 2002, the value of loaned securities was $7,855,000; aggregate collateral consisted of $8,365,000 in the securities lending collateral pool and government securities valued at $4,000. T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- OTHER Purchases and sales of portfolio securities, other than short-term securities, aggregated $20,394,000 and $14,414,000, respectively, for the year ended December 31, 2002. NOTE 3 - FEDERAL INCOME TAXES No provision for federal income taxes is required since the fund intends to continue to qualify as a regulated investment company and distribute to shareholders all of its taxable income and gains. Federal income tax regulations differ from generally accepted accounting principles; therefore, distributions determined in accordance with tax regulations may differ significantly in amount or character from net investment income and realized gains for financial reporting purposes. Financial reporting records are adjusted for permanent book/tax differences to reflect tax character. Temporary differences are not adjusted. Distributions during the year ended December 31, 2002 totaled $502,000 and were characterized as ordinary income for tax purposes. At December 31, 2002, the tax-basis components of net assets were as follows: Unrealized appreciation $ 10,011,000 Unrealized depreciation (32,519,000) Net unrealized appreciation (depreciation) (22,508,000) Undistributed ordinary income 49,000 Capital loss carryforwards (17,211,000) Paid-in capital 106,328,000 Net assets $ 66,658,000 Pursuant to federal income tax regulations applicable to investment companies, the fund has elected to treat net capital losses realized between November 1 and December 31 of each year as occurring on the first day of the following tax year. Consequently, $267,000 of realized losses reflected in the accompanying financial statements will not be recognized for tax purposes until 2003. The fund intends to retain realized gains to the extent of available capital loss carryforwards for federal income tax purposes. As of December 31, 2002, the fund had $8,452,000 of capital loss carryforwards that expire in 2009, and $8,759,000 that expire in 2010. T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- At December 31, 2002, the cost of investments for federal income tax purposes was $89,423,000. NOTE 4- RELATED PARTY TRANSACTIONS The fund is managed by T. Rowe Price Associates, Inc. (the manager or Price Associates), a wholly owned subsidiary of T. Rowe Price Group, Inc. The investment management and administrative agreement between the fund and the manager provides for an all-inclusive annual fee equal to 0.40% of the fund's average daily net assets. The fee is computed daily and paid monthly. The agreement provides that investment management, shareholder servicing, transfer agency, accounting, and custody services are provided to the fund, and interest, taxes, brokerage commissions, directors' fees and expenses, and extraordinary expenses are paid directly by the fund. At December 31, 2002, $57,000 was payable under the agreement. The fund may invest in the T. Rowe Price Reserve Investment Fund and T. Rowe Price Government Reserve Investment Fund collectively, the Reserve Funds), open-end management investment companies managed by Price Associates. The Reserve Funds are offered as cash management options only to mutual funds and other accounts managed by Price Associates and/or its affiliates, and are not available to the public. The Reserve Funds pay no investment management fees. Distributions from the Reserve Funds to the fund for the year ended December 31, 2002, totaled $66,000 and are reflected as interest income in the accompanying Statement of Operations. T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- REPORT OF INDEPENDENT ACCOUNTANTS TO THE BOARD OF DIRECTORS OF T. ROWE PRICE INDEX TRUST, INC. AND SHAREHOLDERS OF T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND In our opinion, the accompanying statement of assets and liabilities, including the portfolio of investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of T. Rowe Price Extended Equity Market Index Fund (one of the portfolios comprising T. Rowe Price Index Trust, Inc., hereafter referred to as the "Fund") at December 31, 2002, and the results of its operations, the changes in its net assets and the financial highlights for each of the fiscal periods presented, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Fund's management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with auditing standards generally accepted in the United States of America, which require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at December 31, 2002 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion. PricewaterhouseCoopers LLP Baltimore, Maryland January 21, 2003 T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND -------------------------------------------------------------------------------- TAX INFORMATION (UNAUDITED) FOR THE TAX YEAR ENDED 12/31/02 We are providing this information as required by the Internal Revenue Code. The amounts shown may differ from those elsewhere in this report because of differences between tax and financial reporting requirements. For corporate shareholders, $334,000 of the fund's distributed income and short-term capital gains qualified for the dividends-received deduction. T. ROWE PRICE MUTUAL FUNDS -------------------------------------------------------------------------------- STOCK FUNDS BLENDED ASSET FUNDS MONEYMARKET FUNDS DOMESTIC (CONTINUED) TAXABLE Blue Chip Growth* Retirement 2020 Prime Reserve Capital Appreciation Retirement 2030 Summit Cash Reserves Capital Opportunity Retirement 2040 U.S. Treasury Money Developing Technologies Retirement Income TAX-FREE Diversified Small-Cap Tax-Efficient Balanced California Tax-Free Growth Money Dividend Growth BOND FUNDS Maryland Tax-Free Money Equity Income* DOMESTIC TAXABLE New York Tax-Free Money Equity Index 500 Corporate Income Summit Municipal Money Extended Equity GNMA Market Market Index High Yield* Tax-Exempt Money Financial Services Inflation Protected Bond Growth & Income New Income* INTERNATIONAL/ Growth Stock* Short-Term Bond GLOBAL FUNDS Health Sciences Spectrum Income STOCK Media & Telecommunications Summit GNMA Emerging Europe & Mid-Cap Growth* U.S. Bond Index Mediterranean Mid-Cap Value* U.S. Treasury Emerging Markets Stock New America Growth Intermediate European Stock New Era U.S. Treasury Long-Term Global Stock New Horizons Global Technology Real Estate DOMESTIC TAX-FREE International Discovery Science & Technology* California Tax-Free Bond International Equity Small-Cap Stock* Florida Intermediate Index Small-Cap Value* Tax-Free International Growth & Spectrum Growth Georgia Tax-Free Bond Income* Tax-Efficient Growth Maryland Short-Term International Stock* Tax-Efficient Tax-Free Bond Japan Multi-Cap Growth Maryland Tax-Free Bond Latin America Total Equity Market Index New Jersey Tax-Free Bond New Asia Value* New York Tax-Free Bond Spectrum International Summit Municipal Income BLENDED ASSET FUNDS Summit Municipal BOND Balanced Intermediate Emerging Markets Bond Personal Strategy Balanced Tax-Free High Yield International Bond* Personal Strategy Growth Tax-Free Income* Personal Strategy Income Tax-Free Intermediate Retirement 2010 Bond Tax-Free Short- Intermediate Virginia Tax-Free Bond For more information about T. Rowe Price funds or services, please contact us directly at 1-800-225-5132. * T. Rowe Price Advisor Class available for these funds. The T. Rowe Price Advisor Class is offered only through financial intermediaries. For more information about T. Rowe Price Advisor Class funds, contact your financial professional or T. Rowe Price at 1-877-804-2315. + Closed to new investors. ++ Investments in the funds are not insured or guaranteed by the FDIC or any other government agency. Although the funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the funds. Please call for a prospectus, which contains complete information, including risks, fees, and expenses. Read it carefully before investing. T. Rowe Price Investment Services, Inc. 100 East Pratt Street Baltimore, MD 21202 F24-050 12/31/02