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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 26
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SIGNATURE THOMAS C. SMITH
TITLE CHAIRMAN
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Pursuant to Item 601 (c) (2) (i) of Regulations S-K and S-B.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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Pursuant to Item 601 (c) (2) (i) of Regulations S-K and S-B.
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Pursuant to Item 601 (c) (2) (i) of Regulations S-K and S-B.
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Pursuant to Item 601 (c) (2) (i) of Regulations S-K and S-B.
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Pursuant to Item 601 (c) (2) (i) of Regulations S-K and S-B.
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<NAME> SMITH HAYES TRUST, INC.
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<NAME> MONEY MARKET PORTFOLIO
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Pursuant to Item 601 (c) (2) (i) of Regulations S-K and S-B.
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<NAME> SMITH HAYES TRUST, INC.
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<NAME> INSTITUTIONAL MONEY MARKET PORTFOLIO
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Pursuant to Item 601 (c) (2) (i) of Regulations S-K and S-B.
</LEGEND>
<CIK> 0000828844
<NAME> SMITH HAYES TRUST, INC.
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<NAME> NEBRASKA TAX FREE PORTFOLIO
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