Ray Lee Equipment Company Ltd USDOT 465481

Insurance Form	Insurance Type	Insurance Carrier	Policy/Surety	Coverage Amount From	Coverage Amount To	Effective Date From	Effective Date To
91X	BIPD/Excess	Federated Mutual Insurance Co.	9275416	$500,000	$1,500,000	01/31/1997
91X	BIPD/Primary	Sentry Select Insurance Company	MBA0120320	$0	$1,000,000	05/23/1993	10/13/1996 Cancelled

* If a carrier is in compliance, the amount of coverage will always be shown as the required Federal minimum ($5,000 per vehicle, $10,000 per occurrence for cargo insurance and $75,000 for bond/trust fund). The carrier may actually have higher levels of coverage.';

Sentry Select Insurance Company 1800 NORTH POINT DR STEVENS POINT, WI Fax:(715)346 - 8913

Federated Mutual Insurance Co. 121 EAST PARK SQUARE OWATONNA, MN Fax:(507)455 - 5708