Southwest Royalties Institutional Income Fund Xi-B LP (N/A)

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Ticker: N/A

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Activity signal Earnings

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WOMMACK H H III

President and CEO

1 purchase — total 1,825 USD

Buy 23 Dec 2003

Value US$3,777,240.18 | Price 233.68 | Shares 46,530

SOUTHWEST ROYALTIES INC

1 purchase — total 1,825 USD

Buy 23 Dec 2003

Value US$3,333,385.69 | Price 24.67 | Shares 31,431

Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other

Notification date	Transaction date	B/S Transaction type	Insider and/or position	Nb. shares Price Value	Number of shares	Price	Value	Details
2004-01-16	2003-12-23	B Purchase	WOMMACK H H III President and CEO Executive Director	46,530 -0.3% 233.68 US$3,777,240	46,530 -0.3%	233.68	US$3,777,240
2004-01-16	2003-12-23	B Purchase	SOUTHWEST ROYALTIES INC Large shareholder	31,431 +40.9% 24.67 US$3,333,386	31,431 +40.9%	24.67	US$3,333,386

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