Notes Eleven: LEASE COMMITMENTS

The Company leases facilities and equipment under non - cancelable operating leases. Rental expense under long - term operating leases of real property, vehicles and other equipment was $4,773,000 in 2003, $5,071,000 in 2002 and $5,687,000 in 2001 . Future rental commitments were as follows as of November 30, 2003:

Future rental commitments for leases are not reduced by minimum non-cancelable sublease rentals aggregating $2,741,000 at November 30, 2003.