EX-99 15 expense77p.txt GMO Trust FYE 2/29/04 Annual Expense Ratios Fund Name Class 3 Class 4 Class 5 Class 6 U.S. Core Fund 0.48% 0.42% 0.39% Growth Fund 0.48% Value Fund 0.61% Short-Duration Investment 0.24% International Intrinsic Value Fund 0.69% 0.63% International Small Companies Fund 0.75% Small Cap Value Fund 0.48% International Bond Fund 0.43% Small Cap Growth Fund 0.48% Emerging Markets Fund 1.12% 1.08% 1.04% Emerging Country Debt Fund 0.65% 0.60% Global Hedged Equity Fund 0.83% Domestic Bond Fund 0.25% Currency Hedged International Bond Fund 0.38% Inflation Indexed Bond Fund 0.38% Currency Hedged International Equity Fund 0.70% Real Estate Fund 0.52% Core Plus Bond Fund 0.39% Emerging Countries Fund 1.16% International Growth Fund 0.69% U.S. Quality Equity Fund 0.44%