BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)

                              FINANCIAL STATEMENTS



<PAGE>





INDEPENDENT  AUDITORS'  REPORT






The  Owners
Boeing  737-300  Trust  S/N  24700

We  have audited the accompanying balance sheets of the Boeing 737-300 Trust S/N
24700 (the "Trust") as of December 31, 2002 and 2001, and the related statements
of  operations,  changes  in  owners'  equity, and cash flows for the years then
ended.  These  financial  statements  are  the  responsibility  of  the  Trust's
management.  Our  responsibility  is  to  express  an opinion on these financial
statements  based  on  our  audits.

We conducted our audits in accordance with auditing standards generally accepted
in  the  United  States  of  America.  Those  standards require that we plan and
perform  the  audit  to  obtain reasonable assurance about whether the financial
statements are free of material misstatement.  An audit includes examining, on a
test  basis,  evidence  supporting  the amounts and disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made  by  management,  as well as evaluating the overall
financial  statement  presentation.  We  believe  that  our  audits  provide  a
reasonable  basis  for  our  opinion.

In  our  opinion,  such  financial  statements  present  fairly, in all material
respects, the financial position of the  Trust as of December 31, 2002 and 2001,
and the results of its operations and its cash flows for the years then ended in
conformity with accounting principles generally accepted in the United States of
America.




/s/  Deloitte  &  Touche  LLP
Certified  Public  Accountants

Tampa,  Florida
March  7,  2003


<PAGE>








INDEPENDENT  AUDITORS'  REPORT






The  Owners
Boeing  737-300  Trust  S/N  24700

We  have  audited  the accompanying statements of operations, changes in owners'
equity,  and  cash  flows  of  Boeing 737-300 Trust S/N 24700 for the year ended
December  31,  2000.  These  financial  statements are the responsibility of the
owners'  management.  Our  responsibility  is  to  express  an  opinion on these
financial  statements  based  on  our  audit.

We  conducted our audit in accordance with auditing standards generally accepted
in  the  United  States  of  America.  Those  standards require that we plan and
perform  the  audit  to  obtain reasonable assurance about whether the financial
statements are free of material misstatement.  An audit includes examining, on a
test  basis,  evidence  supporting  the amounts and disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made  by  management,  as well as evaluating the overall
financial  statement  presentation.  We  believe  that  our  audit  provides  a
reasonable  basis  for  our  opinion.

In  our  opinion,  the financial statements referred to above present fairly, in
all  material  respects,  the  results  of  operations  and cash flows of Boeing
737-300 Trust S/N 24700 for the year ended December 31, 2000, in conformity with
accounting  principles  generally accepted in the United States of America.  The
accompanying  2002  and  2001  financial  statements were not audited by us, and
accordingly,  we  express  no  opinion  or  any other form of assurance on them.




/s/  KPMG  LLP

SAN  FRANCISCO,  CALIFORNIA
March  12,  2001

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                                 BALANCE SHEETS
                                  DECEMBER 31,
                            (in thousands of dollars)




<TABLE>
<CAPTION>



                                              2002       2001
---------------------------------------------------------------
ASSETS
<S>                                         <C>        <C>
Aircraft equipment held for lease, at cost  $ 23,935   $23,875
Less accumulated depreciation. . . . . . .   (11,580)   (9,107)
                                            ---------  --------
    Net equipment. . . . . . . . . . . . .    12,355    14,768


Accounts receivable. . . . . . . . . . . .        --        51
Receivable from affiliate. . . . . . . . .     1,825     1,027
Prepaid expenses . . . . . . . . . . . . .         3        12
                                            ---------  --------
      Total assets . . . . . . . . . . . .  $ 14,183   $15,858
                                            =========  ========


LIABILITIES AND OWNERS' EQUITY

Liabilities:
Accounts payable and accrued expenses. . .  $     --   $    70
Due to affiliates. . . . . . . . . . . . .         7        20
Lessee deposits and reserve for repairs. .     1,825     1,027
                                            ---------  --------
  Total liabilities. . . . . . . . . . . .     1,832     1,117

Owners' equity . . . . . . . . . . . . . .    12,351    14,741
                                            ---------  --------

      Total liabilities and owners' equity  $ 14,183   $15,858
                                            =========  ========
</TABLE>





















                 See accompanying notes to financial statements.

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                            STATEMENTS OF OPERATIONS
                        FOR THE YEARS ENDED DECEMBER 31,
                            (in thousands of dollars)




<TABLE>
<CAPTION>



                                        2002      2001      2000
-----------------------------------------------------------------
<S>                                    <C>      <C>       <C>
REVENUES

Lease revenue . . . . . . . . . . . .  $1,860   $ 1,790   $ 1,396
Interest income . . . . . . . . . . .      --        23         3
                                       -------  --------  --------
  Total revenues. . . . . . . . . . .   1,860     1,813     1,399
                                       -------  --------  --------

EXPENSES

Depreciation and amortization expense   2,473     3,272     3,491
Repairs and maintenance . . . . . . .      --       845     1,146
Equipment operating expenses. . . . .      --       103        77
Management fees to affiliate. . . . .      93        89        70
Other fees to affiliate . . . . . . .      15        --        --
Insurance expense . . . . . . . . . .      38        32        38
Administrative expenses to affiliates      16        38        11
Administrative expenses . . . . . . .     164        88       115
                                       -------  --------  --------
  Total expenses. . . . . . . . . . .   2,799     4,467     4,948
                                       -------  --------  --------

      Net loss. . . . . . . . . . . .  $ (939)  $(2,654)  $(3,549)
                                       =======  ========  ========
</TABLE>
























                 See accompanying notes to financial statements.

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                     STATEMENTS OF CHANGES IN OWNERS' EQUITY
              FOR THE YEARS ENDED DECEMBER 31, 2002, 2001 AND 2000
                            (in thousands of dollars)




<TABLE>
<CAPTION>

<S>                                              <C>



Owners' equity at December 31, 1999 (unaudited)  $20,547

Net loss. . . . . . . . . . . . . . . . . . . .   (3,549)

Distributions paid. . . . . . . . . . . . . . .     (186)
                                                 --------
 Owners' equity at December 31, 2000. . . . . .   16,812

Net loss. . . . . . . . . . . . . . . . . . . .   (2,654)

Owner's capital contribution. . . . . . . . . .      633

Distributions paid. . . . . . . . . . . . . . .      (50)
                                                 --------
  Owners' equity at December 31, 2001 . . . . .   14,741

Net loss. . . . . . . . . . . . . . . . . . . .     (939)

Distributions paid. . . . . . . . . . . . . . .   (1,451)
                                                 --------
  Owners' equity at December 31, 2002 . . . . .  $12,351
                                                 ========
</TABLE>






















                 See accompanying notes to financial statements.

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                            STATEMENTS OF CASH FLOWS
                        FOR THE YEARS ENDED DECEMBER 31,
                            (in thousands of dollars)

<TABLE>
<CAPTION>






                                                             2002      2001      2000
--------------------------------------------------------------------------------------
<S>                                                        <C>       <C>       <C>
OPERATING ACTIVITIES

Net loss. . . . . . . . . . . . . . . . . . . . . . . . .  $  (939)  $(2,654)  $(3,549)
Adjustments to reconcile net loss to net cash
    provided by (used in) operating activities:
  Depreciation and amortization . . . . . . . . . . . . .    2,473     3,272     3,491
  Changes in operating assets and liabilities:
    Accounts receivable . . . . . . . . . . . . . . . . .     (747)     (242)     (836)
    Prepaid expenses. . . . . . . . . . . . . . . . . . .        9        (9)       --
    Equipment deposits. . . . . . . . . . . . . . . . . .       --        58       (58)
    Accounts payable and accrued expenses . . . . . . . .      (70)     (430)      489
    Due to affiliates . . . . . . . . . . . . . . . . . .      (13)     (136)      156
    Lessee deposits . . . . . . . . . . . . . . . . . . .      798       191       836
                                                           --------  --------  --------
      Net cash provided by operating activities . . . . .    1,511        50       529
                                                           --------  --------  --------

INVESTING ACTIVITIES

Payments for the capitalized repairs. . . . . . . . . . .      (60)       --      (258)
Payment of acquisition fees to affiliate. . . . . . . . .       --      (493)       --
Payment of lease negotiation fees to affiliate. . . . . .       --      (140)      (85)
                                                           --------  --------  --------
      Net cash used in investing activities . . . . . . .       --      (633)     (343)
                                                           --------  --------  --------

FINANCING ACTIVITIES

Owners' capital contributions . . . . . . . . . . . . . .       --       633        --
Distributions paid. . . . . . . . . . . . . . . . . . . .   (1,451)      (50)     (186)
                                                           --------  --------  --------
      Net cash (used in) provided by financing activities   (1,451)      583      (186)
                                                           --------  --------  --------

Net change in cash and cash equivalents . . . . . . . . .       --        --        --
Cash and cash equivalents at beginning of period. . . . .       --        --        --
                                                           --------  --------  --------
Cash and cash equivalents at end of year. . . . . . . . .  $    --   $    --   $    --
                                                           ========  ========  ========

</TABLE>












                 See accompanying notes to financial statements.

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                          NOTES TO FINANCIAL STATEMENTS

1.     Summary  of  Significant  Accounting  Policies
       ----------------------------------------------

     Organization
     ------------

     In  June  1999,  PLM  Equipment  Growth  &  Income  Fund  VII  (EGF VII), a
California  limited  partnership,  and  PLM Equipment Growth Fund VI (EGF VI), a
California  limited partnership (the Owners), and Boeing 737-300 Trust S/N 24700
(the  "Trust")  entered  into  a  Trust Agreement under which PLM Transportation
Equipment Corp.(TEC), a wholly-owned subsidiary of PLM International, Inc., acts
as  trustee  for the benefit of the Owners as equal co-beneficiaries.  The Trust
was  established  for  the  purpose  of  purchasing  a Boeing 737-300 commercial
aircraft.  The Trust has no employees nor operations other than the operation of
the  Boeing  737-300  commercial aircraft.  The Trust estate is owned 38% by EGF
VII  and  62%  by  EGF  VI.

PLM Financial Services Inc., (FSI) is the General Partner of EGF VII and EGF VI.
FSI  is  a  wholly-owned  subsidiary  of  PLM  International,  Inc.

     The aircraft was purchased in June 1999 for $22.6 million.  EGF VII paid or
accrued  acquisition fees of $0.5 million during 1999 and lease negotiation fees
of  $0.1  million  during  2000  to  FSI.  EGF  VI  paid  acquisition  and lease
negotiation  fees  of  $0.6  million  during  2001  to  FSI.

In  December 2001, the aircraft was leased to Pluna Lineas Aereas Uruguayas with
a  term  expiring  in  April  2005.

     Estimates
     ---------

These  accompanying financial statements have been prepared on the accrual basis
of accounting in accordance with accounting principles generally accepted in the
United  States  of  America.  This  requires  management  to  make estimates and
assumptions  that  affect  the  reported  amounts  of  assets  and  liabilities,
disclosures  of  contingent  assets and liabilities at the date of the financial
statements,  and  the  reported  amounts  of  revenues  and  expenses during the
reporting  period.  Actual  results  could  differ  from  those  estimates.

     Operations
     ----------

The  aircraft in the Trust is managed under a continuing management agreement by
PLM  Investment  Management,  Inc. (IMI), a wholly-owned subsidiary of FSI.  IMI
receives a monthly management fee from the Trust for managing the aircraft (Note
2).  FSI,  in  conjunction with its subsidiaries, sells transportation equipment
to  investor  programs  and  third  parties,  manages  pools  of  transportation
equipment  under agreements with the investor programs, and is a general partner
in  limited  partnerships.

     Cash  and  Cash  Equivalents
     ----------------------------

All  cash  generated  from operations is distributed to the owners; accordingly,
the  Trust  has  no  cash  balance  at  December  31,  2002  and  2001.

     Accounting  for  Leases
     -----------------------

     The  aircraft under the Trust is leased under an operating lease with fixed
monthly  payments.  Under  the  operating lease method of accounting, the leased
asset  is  recorded  at  cost  and  depreciated  over its estimated useful life.
Rental  payments  are recorded as revenue over the lease term in accordance with
Financial  Accounting  Standards Board Statement No. 13 "Accounting for Leases".
Lease  origination  costs  are  amortized  over  the  related  lease  period.

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                          NOTES TO FINANCIAL STATEMENTS

1.     Summary  of  Significant  Accounting  Policies  (continued)
       ----------------------------------------------

     Depreciation  and  Amortization
     -------------------------------

Depreciation  of  aircraft  equipment  is  computed  using  the double-declining
balance  method, taking a full month's depreciation in the month of acquisition,
based  upon  an  estimated  useful  life  of  12 years.  The depreciation method
changes  to  straight-line  when  the  annual  depreciation  expense  using  the
straight-line  method  exceeds  that  calculated by the double-declining balance
method.  Acquisition  fees  of  $1.0  million,  which  were  paid  to  FSI, were
capitalized  as part of the cost of the equipment and amortized over the life of
the  aircraft.  Lease  negotiation  fees of $0.2 million were amortized based on
the  term  of  the  initial  lease.

During  2001, the Owners' limited partnership agreements were amended to require
additional acquisition and lease negotiation fees (see Note 2) to be paid to FSI
on  the  purchase  of  the aircraft in the Trust.  Depreciation and amortization
expense  of $0.2 million, which represents the cumulative effect of depreciation
and  amortization  that  should  have  been  recorded  from  the purchase of the
aircraft  from  1999  until  the Owners' limited partnership amendments in 2001,
were  recorded  in  2001.

     Reclassification
     ----------------

Certain  amounts  in  the  2001  financial  statements have been reclassified to
conform  to  the  2002  presentation.

     Aircraft
     --------

Aircraft  held  for  operating  leases  is  stated  at  cost.

In  accordance  with Statement of Financial Accounting Standards (SFAS) No. 121,
"Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to
Be  Disposed Of" (SFAS No. 121), the General Partner reviewed the carrying value
of  the Trust's aircraft at least quarterly and whenever circumstances indicated
that the carrying value of the aircraft would not be recoverable due to expected
future market conditions.  If the projected undiscounted cash flows and the fair
market  value  of  the  aircraft  had  been  less than the carrying value of the
aircraft,  an  impairment  loss  would  have  been  recorded.

In  October  2001, the Financial Accounting Standards Board issued SFAS No. 144,
"Accounting for the Impairment or Disposal of Long-Lived Assets", (SFAS No. 144)
which  replaced  SFAS  No.  121.  In  accordance  with  SFAS  No. 144, the Trust
evaluates  long-lived  assets  for  impairment  whenever events or circumstances
indicates  that  the  carrying  values  of  such  assets may not be recoverable.
Losses  for impairment are recognized when the undiscounted cash flows estimated
to  be  realized  from  a  long-lived  asset  are determined to be less than the
carrying value of the asset and the carrying amount of long-lived assets exceeds
its fair value.  The determination of fair value for a given investment requires
several  considerations,  including  but  not  limited to, income expected to be
earned  from  the  asset,  estimated sales proceeds, and holding costs excluding
interest.  The  Trust  applied the new rules on accounting for the impairment or
disposal  of  long-lived  assets  beginning  January  1,  2002.

No  impairments  to  the  aircraft  were  required  in  2002,  2001,  or  2000.

     Repairs  and  Maintenance
     -------------------------

Repairs  and  maintenance  for the aircraft are the obligation of the lessee. To
meet  the  maintenance  requirements  of certain aircraft airframes and engines,
reserve  accounts are prefunded by the lessee over the period of the lease based
on  the  number  of  hours  this  equipment is used, times the estimated rate to
repair  this  equipment.  If  repairs exceed the amount prefunded by the lessee,
the  Trust has the obligation to fund and accrue the difference.  If an aircraft
is  sold  and  there is a balance  in the  reserve  account  for repairs to that
aircraft,  the  balance  in  the  reserve  account is reclassified as additional
sales  proceeds.

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                          NOTES TO FINANCIAL STATEMENTS

1.     Summary  of  Significant  Accounting  Policies(continued)
       ----------------------------------------------

     Repairs  and  Maintenance  (continued)
     -------------------------

The aircraft reserve accounts are included in the accompanying balance sheets as
lessee  deposits  and  reserve  for  repairs.

Since  one  of the aircraft engines was scheduled for an overhaul prior to going
on  its  initial  lease,  the  Trust  was  responsible  for the overhaul to this
aircraft  engine.  This  engine  was  overhauled  in  2000.

     Net  Loss  and  Cash  Distributions  to  Owners
     -----------------------------------------------

The  net  loss  and cash distributions of the Trust are allocated to the Owners.
The  net  loss is generally allocated to the Owners based on their percentage of
ownership  in  the  Trust.  Certain  depreciable  and  amortizable  amounts  are
allocated  specifically  to  each  of  the  Owners,  such  as  depreciation  on
acquisition fees, release fees and amortization on lease negotiation fees.  Cash
distributions  are  allocated  50%  to  EGF  VII  and  50%  to  EGF  VI.

     Comprehensive  Loss
     -------------------

The Trust's comprehensive loss is equal to net loss for the years ended December
31,  2002,  2001  and  2000.

2.     Transactions  with  General  Partner  and  Affiliates
       -----------------------------------------------------

The  equipment  management  agreement,  provides  for  IMI  to receive a monthly
management  fee  equal to the lesser of (i) the fees that would be charged by an
independent third party for similar services for similar equipment or (ii) 5% of
the  gross lease revenues attributable to equipment that is subject to operating
leases.  The Trust's management fee expense to affiliate was $0.1 million during
2002,  2001,  and  2000,  respectively.

The Trust also pays a monthly re-lease fee for re-leasing services following the
expiration  of  the initial lease equal to the lesser of (a) the fees that would
be  charged  by  an  independent  third  party  for similar services for similar
equipment  or  (b)  2%  of  gross  lease  revenues  derived  from such re-lease,
provided,  however,  that  no re-lease fee shall be payable if such re-lease fee
would  cause the combination of the equipment management fee paid to IMI and the
re-lease  fee  with  respect  to  such  transaction  to exceed 7% of gross lease
revenues.  The  Trust paid a re-lease fee of $15,000, in the twelve months ended
December  31,  2002, related to the portion of revenue attributable to EGF VII's
ownership  of  the  Trust.  No  re-lease  fees  were  paid  in  2001.

The Trust reimbursed FSI and its affiliates $16,000, $38,000, and $11,000 during
2002,  2001,  and  2000,  respectively,  for  data processing and administrative
expenses  directly  attributable  to  the  Trust.

The  Trust  paid or accrued acquisition and lease negotiation fees of $-0-, $0.6
million  and  $0.1  million  during  2002,  2001,  and  2000,  respectively.

The  balance due to affiliates including Trust management fees payable to IMI as
of  December  31,  2002  and  2001  was  $7,000  and  $20,000,  respectively.




<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                          NOTES TO FINANCIAL STATEMENTS

3.     Equipment
       ---------

Lease revenues are earned by placing the aircraft on an operating lease.  During
December  2001, a fixed rate lease expiring in 2005 was signed with Pluna Lineas
Aereas  Uruguayas.

No equipment was purchased during the year ended December 31, 2002; however, the
Trust  made  capital  improvements  to  the  aircraft  of  $0.1  million.

The  aircraft  in the Trust is used as collateral against the senior loan of the
Owners.

The  aircraft  lease  is  accounted  for  as an operating lease.  Future minimum
rentals  under  noncancelable  operating leases, as of December 31, 2002, during
each  of  the  next  four years are: $1.9 million in 2003, $1.9 million in 2004,
$0.5  million  in  2005,  and  $-0-  thereafter.

4.     Geographic  Information
       -----------------------

As  of  December  31,  2001,  the  aircraft in the Trust is on lease to a lessee
domiciled  in South America.  Prior to relocating the aircraft to South America,
the  aircraft  was  on  lease  to a lessee domiciled in Iceland.  During part of
2000,  the  aircraft  was  in  the  United  States  undergoing  repairs.

The  table  below sets forth lease revenues by geographic region for the Trust's
aircraft  and  grouped  by  domicile of the lessee as of and for the years ended
December  31  (in  thousands  of  dollars):
<TABLE>
<CAPTION>


Region               2002    2001    2000
------------------------------------------
<S>                 <C>     <C>     <C>

Iceland. . . . . .  $   --  $1,635  $1,396
South America. . .   1,860     155      --
                    ------  ------  ------
    Lease revenues  $1,860  $1,790  $1,396
                    ======  ======  ======
</TABLE>


The  following  table  sets forth net loss information by region for the Trust's
aircraft  for  the  years  ended  December  31  (in  thousands  of  dollars):
<TABLE>
<CAPTION>


Region          2002     2001      2000
----------------------------------------
<S>            <C>     <C>       <C>

United States  $  --   $    --   $(1,326)
Iceland . . .     --    (2,025)   (2,223)
South America   (939)     (629)       --
               ------  --------  --------
    Net loss.  $(939)  $(2,654)  $(3,549)
               ======  ========  ========
</TABLE>


The  net  book  value  of the aircraft was $12.4 million and $14.8 million as of
December  31,  2002  and 2001, respectively.  At December 31, 2002 and 2001, the
plane  was  located  in  South  America.

5.     Income  Taxes
       -------------

The  Trust  is not subject to income taxes, as any income or loss is included in
the  tax  return  of  the  individual  partners  and  members owning the Owners.
Accordingly,  no  provision  for  income  taxes  has  been made in the financial
statements  of  the  Trust.

As  of  December 31, 2002, the financial statement carrying amount of assets and
liabilities  was  approximately  $6.6  million lower than the federal income tax
basis  of  such  assets  and  liabilities,  primarily  due  to  differences  in
depreciation  methods.


<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                          NOTES TO FINANCIAL STATEMENTS

6.          Concentrations  of  Credit  Risk
            --------------------------------

For  the years ended December 31, 2002, 2001, and 2000, the Trust's lessees that
accounted  for more than 10% of revenues was Pluna Lineas Aereas Uruguayas (100%
in  2002)  and  Islandsflug  (91%  in  2001  and  100%  in  2000).

The Trust has a receivable from an affiliate of $1.8 million and $1.0 million as
of  December  31,  2002  and  2001,  respectively.

As  of  December  31, 2002, the Trust had no other significant concentrations of
credit  risk  that  could  have  a  material  adverse  effect  on  the  Trust.

7,          Capital  Contributions
            ----------------------

During  2001,  EGF  VI  made an additional capital contribution of $0.6 million.
The  contribution  was  made  to  the  Trust  to  pay  for acquisition and lease
negotiation  fees  paid  in  2001.

This  contribution did not change EGF VI's percentage of ownership in the Trust.