UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) June 15, 2004

Wachovia Commercial Mortgage Securities, Inc. (as depositor under the Pooling and Servicing Agreement, dated as of April 1, 2003, relating to the Wachovia Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2003-C4)
(Exact name of registrant as specified in its charter)

North Carolina
(State or other jurisdiction
of incorporation)

333-83930-04
(Commission
File Number)

56-1643598
(IRS Employer
Identification No.)

301 South College Street, Charlotte, North Carolina
(Address of principal executive offices)

28288-0166
(Zip Code)

Registrant's telephone number, including area code 704-374-6161

(Former name or former address, if changed since last report.)

Item 5. Other Events and Regulation FD Disclosure.

This current report on Form 8-K relates to the monthly distribution reported to the holders of Wachovia Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2003-C4, which was made on June 15, 2004.

Item 7. Financial Statements and Exhibits.

99.1 Monthly distribution report pursuant to Section 4.02 of the Pooling and Servicing Agreement for the distribution on June 15, 2004.
(Exhibit No. Description)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

LASALLE BANK NATIONAL ASSOCIATION, IN ITS CAPACITY AS AGENT FOR THE TRUSTEE UNDER THE POOLING AND SERVICING AGREEMENT ON BEHALF OF WACHOVIA COMMERCIAL MORTGAGE SECURITIES, INC., REGISTRANT

Date: June 18, 2004

By: /s/ Russell Goldenberg
Russell Goldenberg
Group Senior Vice President

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Reporting Package Table of Contents

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Administrator:
Brian Ames 312.904.7807
brian.ames@abnamro.com

Analyst:
Gerald Brooks 714.238.6714
Gerald.Brooks@abnamro.com

Statement Date:

135 S. LaSalle Street, Suite 1625
Chicago, IL 60603
USA

Statements to Certificateholders
Cash Reconciliation Summary CMSA v1
Bond Interest Reconciliation
Rating Information

Asset-Backed Facts ~ 15 Month Loan Status Summary

Asset-Backed Facts ~ 15 Month Payoff/Loss Summary
Delinquent Loan Detail

Historical Collateral Prepayment
Mortgage Loan Characteristics
Loan Level Detail

Page 2-4
Page 5-7
Page 8
Page 9

Page 10

Page 11
Page 12

Page 13
Page 14-16

Page 17-22

Specially Serviced (Part I) ~ Loan Detail

Modified Loan Detail
Realized Loss Detail
Historical REO Report

Appraisal Reduction Detail

Page 23

Page 24
Page 25
Page 26

Page 27

Page(s)

Information is available for this issue from the following sources

Issue Id:

Monthly Data File
Name:

WBCM03C4

WBCM03C4_200406_3.ZIP

Closing Date:

First Payment Date:

Rated Final Payment: Date:

10-Apr-03
15-May-03

16-Apr-35

Parties to The Transaction

Depositor: Wachovia Commercial Mortgage Securities, Inc.

Underwriter: Wachovia Securities

Master Servicer: Wachovia Bank, National Association

Special Servicer: Clarion Partners, LLC

Rating Agency: Fitch Ratings/Standard & Poor's Rating Services

800.246.5761

LaSalle Factor Line

LaSalle Web Site
Servicer Web Site

www.wachovia.com

www.etrustee.net

Page 1 of 27

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

5.888064%

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

REMIC II

Statement Date:

ABN AMRO Acct: 720502.2

886.499176273

8.721434286

0.000000000

877.777741988

2.218464224

Fixed

0.00

0.000000000

3.00300000%

0.000000000

929766DZ3

A-1

80,500,000.00

71,363,183.69

702,075.46

0.00

70,661,108.23

178,586.37

1000.000000000

0.000000000

1000.000000000

3.805000013

Fixed

0.00

0.000000000

4.56600000%

0.000000000

929766EA7

A-2

374,075,000.00

0.00

374,075,000.00

1,423,355.38

986.021809885

1.034856995

0.000000000

984.986952889

3.783858684

Fixed

0.00

0.000000000

4.60500000%

0.000000000

929766EH2/929766EW9

A-1A

249,922,000.00

246,428,542.77

258,633.53

0.00

246,169,909.24

945,669.53

985.836825299

0.000000000

984.759517732

0.141200284

0.153241137%

0.00

0.000000000

0.17187463%

0.000000000

929766EF6/929766EU3

891,768,534.00

879,138,260.46

0.00

878,177,551.47

125,917.97

948.538835060

0.000000000

948.538835060

0.947660164

1.015378714%

0.00

0.000000000

1.19888839%

0.000000000

929766EG4/929766EV1

846,619,000.00

803,051,000.00

0.00

803,051,000.00

802,307.10

1000.000000000

0.000000000

1000.000000000

4.120833430

Fixed

0.00

0.000000000

4.94500000%

0.000000000

929766EB5

34,556,000.00

0.00

34,556,000.00

142,399.52

1000.000000000

0.000000000

1000.000000000

4.153333632

Fixed

0.00

0.000000000

4.98400000%

0.000000000

929766EC3

11,147,000.00

0.00

11,147,000.00

46,297.21

1000.000000000

0.000000000

1000.000000000

4.200000000

Fixed

0.00

0.000000000

5.04000000%

0.000000000

929766ED1

22,294,000.00

0.00

22,294,000.00

93,634.80

1000.000000000

0.000000000

1000.000000000

4.260833469

Fixed

0.00

0.000000000

5.11300000%

0.000000000

929766EE9

12,262,000.00

0.00

12,262,000.00

52,246.34

1000.000000000

0.000000000

1000.000000000

4.671666939

5.606000000%

0.00

0.000000000

5.60600000%

0.000000000

929766EJ8/929766EX7

12,262,000.00

0.00

12,262,000.00

57,283.98

1000.000000000

0.000000000

1000.000000000

4.824143218

5.649684814%

0.00

0.000000000

5.78897222%

0.000000000

929766EK5/929766EY5

12,261,000.00

0.00

12,261,000.00

59,148.82

1000.000000000

0.000000000

1000.000000000

4.824143696

5.649684814%

0.00

0.000000000

5.78897222%

0.000000000

929766EL3/929766EZ2

12,262,000.00

0.00

12,262,000.00

59,153.65

1000.000000000

0.000000000

1000.000000000

4.110000000

Fixed

0.00

0.000000000

4.93200000%

0.000000000

929766EM1/929766FA6

20,065,000.00

0.00

20,065,000.00

82,467.15

1000.000000000

0.000000000

1000.000000000

4.110000000

Fixed

0.00

0.000000000

4.93200000%

0.000000000

929766EN9/929766FB4

8,918,000.00

0.00

8,918,000.00

36,652.98

1000.000000000

0.000000000

1000.000000000

4.110000000

Fixed

0.00

0.000000000

4.93200000%

0.000000000

929766EP4/929766FC2

6,688,000.00

0.00

6,688,000.00

27,487.68

1000.000000000

0.000000000

1000.000000000

4.110000000

Fixed

0.00

0.000000000

4.93200000%

0.000000000

929766EQ2/929766FD0

6,688,000.00

0.00

6,688,000.00

27,487.68

Page 2 of 27

Notes: (1) N denotes notional balance not included in total (2) Accrued Interest Plus/Minus Interest Adjustment Minus Deferred Interest equals Interest Payment (3) Estimated. * Denotes Controlling Class

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

5.888064%

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

REMIC II

Statement Date:

ABN AMRO Acct: 720502.2

1000.000000000

0.000000000

1000.000000000

4.110000000

Fixed

0.00

0.000000000

4.93200000%

0.000000000

929766ER0/929766FE8

1,115,000.00

0.00

1,115,000.00

4,582.65

1000.000000000

0.000000000

1000.000000000

4.118333707

Fixed

0.00

0.000000000

4.94200000%

0.000000000

929766ES8/929766FF5

4,459,000.00

0.00

4,459,000.00

18,363.65

1000.000000000

0.000000000

1000.000000000

4.246666470

5.096000000%

0.00

0.000000000

5.09600000%

0.000000000

929766ET6/929766FG3

22,294,534.00

0.00

22,294,534.00

94,677.45

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSK956

RII

0.00

Total P&I Payment

0.00

891,768,534.00

879,138,260.46

5,238,428.90

Total

878,177,551.47

960,708.99

0.00

4,277,719.91

Page 3 of 27

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

5.888064%

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

Grantor Trust

Statement Date:

ABN AMRO Acct: 720502.2

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSK957

0.00

Total P&I Payment

0.00

Total

0.00

Page 4 of 27

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Statement Date:

Cash Reconciliation Summary

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

4,142,080.52

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

4,310,869.72

Unscheduled Interest:
Prepayment Penalties

0.00

Yield Maintenance Penalties

0.00

Other Interest Proceeds

0.00

Total

0.00

Less Fees & Expenses Paid By/To Servicer

Less Fee Paid To Servicer
Less Fee Strips Paid by Servicer

Special Servicing Fees

Interest Due Serv on Advances

Recoup of Prior Advances

Misc. Fees & Expenses

Total Unscheduled Fees & Expenses
Total Interest Due Trust

Less Fees & Expenses Paid By/To Trust
Trustee Fee
Fee Strips
Misc. Fees
Interest Reserve Withholding

Plus Interest Reserve Deposit
Total

Total Interest Due Certs

Principal Summary

Scheduled Principal:
Current Scheduled Principal
Advanced Scheduled Principal
Scheduled Principal
Unscheduled Principal:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds
Total Unscheduled Principal
Remittance Principal

Remittance P&I Due Trust

Remittance P&I Due Certs

Pool Balance Summary

Beginning Pool
Scheduled Principal
Unscheduled Principal
Deferred Interest
Liquidations
Repurchases

Ending Pool

Balance

Count

Principal

Interest

Prior Outstanding
Plus Current Period
Less Recovered

Ending Outstanding

Servicing Fee Summary

Current Servicing Fees
Plus Fees Advanced for PPIS
Less Reduction for PPIS
Plus Delinquent Servicing Fees

Total Servicing Fees

PPIS Summary

Gross PPIS
Reduced by PPIE
Reduced by Shortfalls in Fees
Reduced by Other Amounts

PPIS Reducing Scheduled
Interest

PPIS Reducing Servicing Fee
PPIS Due Certificate

0.00

0.00
0.00

0.00

4,279,697.96

)

(1,978.06

0.00
0.00
0.00

)

(1,978.06

930,321.05

30,387.94

960,708.99

0.00
0.00
0.00
0.00
0.00
0.00

960,708.99

5,240,406.95

5,238,428.89

879,138,261.05

140

960,708.99

0.00

0.00
0.00

0.00

878,177,552.06

140

0.00

30,387.94

168,789.21

30,387.94

168,789.21

31,171.76

0.00
0.00

2,815.62

33,987.38

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(31,171.76

4,277,719.90

Interest Not Advanced (

Current Period

)

0.00

168,789.21

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

0.00

0.00
0.00

0.00

Page 5 of 27

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Statement Date:

Cash Reconciliation Summary PoolGroup I

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

3,028,853.27

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

3,108,448.52

Unscheduled Interest:
Prepayment Penalties

0.00

Yield Maintenance Penalties

0.00

Other Interest Proceeds

0.00

Total

0.00

Less Fees & Expenses Paid By/To Servicer

Less Fee Paid To Servicer
Less Fee Strips Paid by Servicer

Special Servicing Fees

Interest Due Serv on Advances

Recoup of Prior Advances

Misc. Fees & Expenses

Total Unscheduled Fees & Expenses
Total Interest Due Trust

Less Fees & Expenses Paid By/To Trust
Trustee Fee
Fee Strips
Misc. Fees
Interest Reserve Withholding

Plus Interest Reserve Deposit
Total

Total Interest Due Certs

Principal Summary

Remittance P&I Due Trust

Remittance P&I Due Certs

Pool Balance Summary

Beginning Pool
Scheduled Principal
Unscheduled Principal
Deferred Interest
Liquidations
Repurchases

Ending Pool

Balance

Count

Principal

Interest

Prior Outstanding
Plus Current Period
Less Recovered

Ending Outstanding

Servicing Fee Summary

Current Servicing Fees
Plus Fees Advanced for PPIS
Less Reduction for PPIS
Plus Delinquent Servicing Fees

Total Servicing Fees

PPIS Summary

Gross PPIS
Reduced by PPIE
Reduced by Shortfalls in Fees
Reduced by Other Amounts

PPIS Reducing Scheduled
Interest

PPIS Reducing Servicing Fee
PPIS Due Certificate

0.00

0.00
0.00

0.00

3,086,213.57

)

(1,423.59

0.00
0.00
0.00

)

(1,423.59

687,032.63

15,042.83

702,075.46

0.00
0.00
0.00
0.00
0.00
0.00

702,075.46

3,788,289.03

3,786,865.44

632,708,881.45

702,075.46

0.00

0.00
0.00

0.00

632,006,805.99

0.00

15,042.83

79,595.25

15,042.83

79,595.25

22,234.95

0.00
0.00

1,326.89

23,561.84

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(22,234.95

3,084,789.98

Interest Not Advanced (

Current Period

)

0.00

79,595.25

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

0.00

0.00
0.00

0.00

Page 6 of 27

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Statement Date:

Cash Reconciliation Summary PoolGroup II

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

1,113,227.25

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

1,202,421.20

Unscheduled Interest:
Prepayment Penalties

0.00

Yield Maintenance Penalties

0.00

Other Interest Proceeds

0.00

Total

0.00

Less Fees & Expenses Paid By/To Servicer

Less Fee Paid To Servicer
Less Fee Strips Paid by Servicer

Special Servicing Fees

Interest Due Serv on Advances

Recoup of Prior Advances

Misc. Fees & Expenses

Total Unscheduled Fees & Expenses
Total Interest Due Trust

Less Fees & Expenses Paid By/To Trust
Trustee Fee
Fee Strips
Misc. Fees
Interest Reserve Withholding

Plus Interest Reserve Deposit
Total

Total Interest Due Certs

Principal Summary

Remittance P&I Due Trust

Remittance P&I Due Certs

Pool Balance Summary

Beginning Pool
Scheduled Principal
Unscheduled Principal
Deferred Interest
Liquidations
Repurchases

Ending Pool

Balance

Count

Principal

Interest

Prior Outstanding
Plus Current Period
Less Recovered

Ending Outstanding

Servicing Fee Summary

Current Servicing Fees
Plus Fees Advanced for PPIS
Less Reduction for PPIS
Plus Delinquent Servicing Fees

Total Servicing Fees

PPIS Summary

Gross PPIS
Reduced by PPIE
Reduced by Shortfalls in Fees
Reduced by Other Amounts

PPIS Reducing Scheduled
Interest

PPIS Reducing Servicing Fee
PPIS Due Certificate

0.00

0.00
0.00

0.00

1,193,484.39

)

(554.47

0.00
0.00
0.00

)

(554.47

243,288.42

15,345.11

258,633.53

0.00
0.00
0.00
0.00
0.00
0.00

258,633.53

1,452,117.92

1,451,563.45

246,429,379.60

258,633.53

0.00

0.00
0.00

0.00

246,170,746.07

0.00

15,345.11

89,193.95

15,345.11

89,193.95

8,936.81

0.00
0.00

1,488.74

10,425.55

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(8,936.81

1,192,929.92

Interest Not Advanced (

Current Period

)

0.00

89,193.95

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

0.00

0.00
0.00

0.00

Page 7 of 27

Wachovia Commercial Mortgage Securities, Inc.

Class

Accrued

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Bond Interest Reconciliation

Deductions

Allocable

Deferred &

Prior

Prepay-

Other

Additions

Interest

Credit Support

Original

Current(4)

Accrual

Int. Short-

falls Due

ment

Interest

Interest (2)

Payment

Amount

PPIS

Interest

Certificate

Accretion

Interest

Loss/Exp

Interest

Penalties

Proceeds (1)

Interest

Shortfalls

Certificate

Rate

Pass

Thru

Method Days

Outstanding

Remaining

Statement Date:

Distributable

Current Period

(Shortfall)/

Recovery

Int Accrual

on Prior

Shortfall (3)

0.00

A-1

178,586.37

0.00

21.00%

21.33%

30/360

3.003000000%

0.00

A-2

1,423,355.38

0.00

21.00%

21.33%

30/360

4.566000000%

0.00

A-1A

945,669.53

0.00

21.00%

21.33%

30/360

4.605000000%

0.00

125,917.97

0.00

30/360

0.171874632%

0.00

802,307.10

0.00

30/360

1.198888390%

0.00

142,399.52

0.00

17.13%

17.39%

30/360

4.945000000%

0.00

46,297.21

0.00

15.88%

16.12%

30/360

4.984000000%

0.00

93,634.80

0.00

13.38%

13.58%

30/360

5.040000000%

0.00

52,246.34

0.00

12.00%

12.19%

30/360

5.113000000%

0.00

57,283.98

0.00

10.63%

10.79%

30/360

5.606000000%

0.00

59,148.82

0.00

9.25%

9.39%

30/360

5.788972218%

0.00

59,153.65

0.00

7.88%

8.00%

30/360

5.788972218%

0.00

82,467.15

0.00

5.63%

5.71%

30/360

4.932000000%

0.00

36,652.98

0.00

4.63%

4.70%

30/360

4.932000000%

0.00

27,487.68

0.00

3.88%

3.94%

30/360

4.932000000%

0.00

27,487.68

0.00

3.13%

3.17%

30/360

4.932000000%

0.00

4,582.65

0.00

3.00%

3.05%

30/360

4.932000000%

0.00

18,363.65

0.00

2.50%

2.54%

30/360

4.942000000%

0.00

94,677.45

0.00

0.00%

30/360

5.096000000%

0.00

30/360

0.000000000%

0.00

4,277,719.91

0.00

(2) Accrued - Deductions + Additions Interest

(3) Includes interest accrued on outstanding Interest Shortfalls and/or Loss Allocations. Where applicable.

Page 8 of 27

(1) Other Interest Proceeds are additional interest amounts specifically allocated to the bond(s) and used in determining the bonds Distributable Interest.

(4) Determined as follows: (A) the ending balance of all the classes less (B) the sum of (i) the ending balance of the class and (ii) the ending balance of all classes which are not subordinate to the class divided by (A).

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Rating Information

Class

CUSIP

Fitch

Moody's

S&P

Fitch

Moody's

S&P

Original Ratings

Rating Change/Change Date(1)

Statement Date:

A-1

929766DZ3

AAA

A-2

929766EA7

AAA

A-1A

929766EH2

AAA

929766EF6

AAA

929766EG4

AAA

929766EB5

929766EC3

AA-

929766ED1

929766EE9

A-

929766EJ8

BBB+

929766EK5

BBB

929766EL3

BBB-

929766EM1

BB+

929766EN9

929766EP4

BB-

929766EQ2

B+

929766ER0

929766ES8

B-

929766ET6

RII

9ABSK956

9ABSK957

Page 9 of 27

NR - Designates that the class was not rated by the rating agency.

(1) Changed ratings provided on this report are based on information provided by the applicable rating agency via electronic transmission. It shall be
understood that this transmission will generally have been provided to LaSalle within 30 days of the payment date listed on this statement. Because ratings may have
changed during the 30 day window, or may not be being provided by the rating agency in an electronic format and therefore not being updated on
this report, LaSalle recommends that investors obtain current rating information directly from the rating agency.

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary

Distribution

Date

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Foreclosure

REO

Modifications

Specially Serviced

Bankruptcy

# Balance

Delinquency Aging Categories

Special Event Categories (1)

Statement Date:

ABN AMRO Acct: 720502.2

0.00%

15-Jun-04

0.00%

17-May-04

0.00%

15-Apr-04

0.00%

15-Mar-04

0.00%

17-Feb-04

0.00%

15-Jan-04

0.00%

15-Dec-03

0.00%

17-Nov-03

0.00%

15-Oct-03

0.00%

15-Sep-03

0.00%

15-Aug-03

0.00%

15-Jul-03

0.00%

16-Jun-03

0.00%

15-May-03

(1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category

Page 10 of 27

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Penalties

Appraisal Reduct. (2)

Liquidations (2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Amort

ABN AMRO Acct: 720502.2

Series 2003-C4

15-Jun-04

140

100.00%

878,177,552

98.48%

0.00%

331

5.89%

5.84%

17-May-04

140

100.00%

879,138,261

98.58%

0.00%

332

5.70%

5.65%

15-Apr-04

140

100.00%

880,226,079

98.71%

0.00%

333

5.89%

5.84%

15-Mar-04

140

100.00%

881,176,762

98.81%

0.00%

334

5.70%

5.65%

17-Feb-04

140

100.00%

882,387,087

98.95%

0.00%

335

5.70%

5.65%

15-Jan-04

140

100.00%

883,322,394

99.05%

0.00%

336

5.89%

5.84%

15-Dec-03

140

100.00%

884,222,631

99.15%

0.00%

100

337

5.70%

5.65%

17-Nov-03

140

100.00%

885,245,365

99.27%

0.00%

101

338

5.89%

5.84%

15-Oct-03

140

100.00%

886,136,176

99.37%

0.00%

102

339

5.70%

5.65%

15-Sep-03

140

100.00%

887,149,827

99.48%

0.00%

103

340

5.89%

5.84%

15-Aug-03

140

100.00%

888,031,303

99.58%

0.00%

104

340

5.89%

5.84%

15-Jul-03

140

100.00%

888,908,461

99.68%

0.00%

105

341

5.70%

5.65%

16-Jun-03

140

100.00%

889,908,955

99.79%

0.00%

106

342

5.89%

5.84%

15-May-03

140

100.00%

890,776,909

99.89%

0.00%

107

343

5.70%

5.65%

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 11 of 27

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Delinquent Loan Detail

Disclosure

Control #

Paid

Thru
Date

Current P&I

Advance

Outstanding

P&I

Advances**

Out. Property

Protection

Advances

Loan

Status

Code (1)

Special

Servicer

Transfer Date

Foreclosure

Date

Bankruptcy

Date

REO

Date

Statement Date:

1-May-04

46,878.01

0.00

1-May-04

43,871.23

0.00

1-May-04

28,679.36

0.00

1-May-04

22,669.92

0.00

1-May-04

22,087.49

0.00

1-May-04

15,289.19

0.00

118

1-May-04

11,374.07

0.00

125

1-May-04

8,327.87

0.00

132

199,177.15

Total

Page 12 of 27

A. In Grace Period

1. Delinq. 1 month

2. Delinq. 2 months

3. Delinquent 3 + months

4. Performing Matured Balloon

** Outstanding P&I Advances include the current period P&I Advance

7. Foreclosure

9. REO

B. Late Payment but < 1 month delinq.

5. Non Performing Matured Balloon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Historical Collateral Level Prepayment Report

Disclosure

Control #

Payoff
Period

Initial

Balance

Type

Payoff

Amount

Penalty

Amount

Prepayment

Date

Maturity

Date

Property

Type

Geographic

Location

Statement Date:

Cumulative

Current

Page 13 of 27

Wachovia Commercial Mortgage Securities, Inc.

Mortgage Loan Characteristics

ABN AMRO Acct: 720502.2

Series 2003-C4

Commercial Mortgage Pass-Through Certificates

28-May-04

15-Jul-04

17-May-04

15-Jun-04

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Distribution of Mortgage Interest Rates

Distribution of Principal Balances

Distribution of Remaining Term (Balloon)

Distribution of Remaining Term (Fully Amortizing)

Page 14 of 27

Current Scheduled

Balance

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

75,770,245

8.63

118

5.95

1.22

0 to

3,000,000

230,929,637

26.30

103

5.84

1.13

3,000,000 to

6,000,000

106,561,897

12.13

5.70

1.36

6,000,000 to

9,000,000

94,740,585

10.79

5.63

1.15

9,000,000 to 12,000,000

104,975,325

11.95

5.62

1.51

12,000,000 to 15,000,000

87,327,602

9.94

5.66

1.62

15,000,000 to 20,000,000

177,872,262

20.25

5.50

1.38

20,000,000 &

Above

33,050,983

498,318

878,177,552

140

100.00%

Average Schedule Balance
Maximum Schedule Balance
Minimum Schedule Balance

6,272,697

Current Mortgage

Interest Rate

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

4.500%

5.000%

288,191,584

32.82

5.35

1.48

5.001%

5.500%

455,463,190

51.86

105

5.76

1.24

5.501%

6.000%

120,527,563

13.72

105

6.17

1.18

6.001%

6.500%

13,496,898

1.54

132

6.74

1.14

6.501%

7.000%

0.00

7.001%

7.500%

0.00

7.501%

8.000%

498,318

0.06

8.20

1.92

8.001%

Above

140

878,177,552

Minimum Mortgage Interest Rate
Maximum Mortgage Interest Rate

100.00%

5.100%
8.200%

Fully Amortizing

Mortgage Loans

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

120

19,388,246

2.21

167

5.65

0.95

121

180

7,399,483

0.84

208

6.12

1.29

181

240

0.00

241

Above

222

164

26,787,728

Minimum Remaining Term

Maximum Remaining Term

3.05%

Balloon

Mortgage Loans

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

168,615,677

19.20

5.35

1.41

112

676,434,102

77.03

102

5.77

1.30

120

6,340,045

0.72

165

6.73

0.75

121

180

0.00

181

240

0.00

241

& Above

165

131

851,389,824

Minimum Remaining Term

Maximum Remaining Term

96.95

Wachovia Commercial Mortgage Securities, Inc.

Mortgage Loan Characteristics

ABN AMRO Acct: 720502.2

Series 2003-C4

Commercial Mortgage Pass-Through Certificates

28-May-04

15-Jul-04

17-May-04

15-Jun-04

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Geographic Distribution

Distribution of DSCR (PFY)

Distribution of DSCR (Cutoff)

Page 15 of 27

Debt Service

Coverage Ratio

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

Less than zero

0.00

0.001 0.750

3,304,880

0.38

165

5.46

0.91

0.751 1.000

110,740,696

12.61

5.53

1.19

1.001 1.250

298,116,823

33.95

5.71

1.39

1.251 1.500

178,988,920

20.38

5.67

1.63

1.501 1.750

152,845,763

17.40

5.69

2.03

1.751 & Above

134,180,470

15.28

103

5.87

0.00

Unknown

2.470
0.910

140

878,177,552

100.00%

Minimum DSCR

Maximum DSCR

Debt Service

Coverage Ratio

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

Less than zero

0.00

0.001 0.750

0.00

0.751 1.000

18,764,833

2.14

155

5.76

0.97

1.001 1.250

653,668,621

74.43

5.71

1.21

1.251 1.500

174,854,935

19.91

5.68

1.57

1.501 1.750

30,889,162

3.52

5.55

2.21

1.751 & Above

2.180

1.150

140

878,177,552 100.00

Minimum DSCR

Maximum DSCR

Geographic

Location

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

California

188,882,075

21.51

5.74

1.44

Florida

75,686,012

8.62

5.48

1.54

Maryland

58,632,465

6.68

5.54

1.29

Colorado

49,351,532

5.62

112

5.59

1.44

Arizona

45,301,878

5.16

112

5.55

1.57

Virginia

38,080,718

4.34

105

5.82

1.50

Georgia

36,240,614

4.13

107

5.65

0.93

Oregon

35,966,292

4.10

5.50

1.75

Mississippi

32,345,370

3.68

112

5.78

1.21

Washington

27,274,356

3.11

5.39

1.30

North Carolina

25,898,544

2.95

104

5.76

1.03

Texas

25,178,594

2.87

104

6.02

1.28

Illinois

24,219,260

2.76

104

5.79

1.52

Delaware

23,124,209

2.63

105

5.41

1.36

Indiana

20,034,858

2.28

104

5.59

1.10

New Jersey

17,214,410

1.96

103

6.03

1.61

South Carolina

16,903,181

1.92

105

5.69

0.00

Alabama

16,468,026

1.88

6.08

0.40

Michigan

15,780,923

1.80

5.90

1.35

Minnesota

13,991,342

1.59

142

6.00

1.07

West Virginia

12,048,818

1.37

103

6.00

0.00

District of Columbia

11,244,995

1.28

105

5.40

1.45

Tennessee

9,503,341

1.08

120

6.25

0.31

New York

9,469,702

1.08

105

6.05

1.95

Pennsylvania

7,952,462

0.91

103

5.50

1.47

Maine

7,885,025

0.90

105

5.91

1.72

Missouri

6,939,617

0.79

104

6.06

1.47

Ohio

5,430,390

0.62

104

6.15

1.70

Nevada

4,417,125

0.50

101

6.00

0.00

Connecticut

4,257,544

0.48

165

5.60

1.39

Kentucky

3,616,532

0.41

103

6.15

1.93

Wisconsin

3,470,276

0.40

104

6.00

0.00

Utah

2,953,524

0.34

104

6.01

0.00

Kansas

2,413,542

0.27

106

5.57

1.26

100.00

878,177,552

140

Wachovia Commercial Mortgage Securities, Inc.

Mortgage Loan Characteristics

ABN AMRO Acct: 720502.2

Series 2003-C4

Commercial Mortgage Pass-Through Certificates

28-May-04

15-Jul-04

17-May-04

15-Jun-04

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Distribution of Loan Seasoning

Distribution of Property Types

Distribution of Year Loans Maturing

Distribution of Amortization Type

Page 16 of 27

Property Types

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

Retail

369,648,525

42.09

100

5.80

1.34

Multifamily

227,826,453

25.94

5.62

0.99

Office

143,493,650

16.34

5.70

1.62

Mobile home park

70,498,592

8.03

102

5.63

1.51

Mixed use

45,107,627

5.14

5.37

1.31

Industrial

21,602,705

2.46

5.77

1.63

878,177,552

140

100.00%

Amortization Type

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

AmortizingBalloon

105

628,744,037

71.60

102

5.75

1.24

ARD

168,834,860

19.23

5.67

1.52

IO/Amortizing/Balloon

80,598,656

9.18

5.39

1.47

878,177,552

140

100.00%

Number of Months

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

139

877,679,234

99.94

1.31

5.70

0.00

498,318

0.06

1.92

8.20

0.00

108

0.00

109

120

0.00

121

140

878,177,552

100.00%

Year

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

2004

0.00

2005

0.00

2006

0.00

2007

168,615,677

19.20

5.35

1.41

2008

498,318

0.06

8.20

1.92

2009

37,472,858

4.27

5.47

1.70

2010

4,186,086

0.48

5.55

1.69

2011

26,965,831

3.07

102

5.95

0.85

2012

102

607,311,010

69.16

105

5.78

1.30

2013

0.00

2014

33,127,774

3.77

176

5.96

0.98

2015 & Greater

100.00

878,177,552

140

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

31-Dec-03

5.93000%

11-Apr-13

WBCM3C4A

Retail

1.30

33,050,983

199,344

31-Dec-03

5.35000%

11-Mar-13

WBCM3C4A

Mobile home park

1.52

29,513,899

167,524

31-Dec-03

5.19000%

1-Apr-08

WBCM3C4A

Mixed use

1.17

28,545,495

159,063

31-Dec-03

5.61000%

11-Mar-13

WBCM3C4A

Retail

1.50

24,971,090

145,746

31-Dec-03

5.88000%

11-Mar-13

WBCM3C4A

Retail

1.66

20,696,204

124,290

31-Dec-03

5.10000%

11-Mar-08

WBCM3C4B

Multifamily

1.24

20,730,000

91,039

31-Dec-03

5.35000%

11-Mar-08

WBCM3C4A

Office

1.30

20,364,590

115,592

31-Dec-03

5.43000%

11-Feb-08

WBCM3C4A

Multifamily

1.32

18,760,000

87,719

25-Dec-03

5.44000%

11-Jan-10

WBCM3C4A

Office

1.92

17,556,776

99,551

31-Dec-03

5.80000%

11-Apr-13

WBCM3C4A

Office

1.83

17,357,375

103,269

31-Dec-03

6.03000%

11-Jan-13

WBCM3C4A

Office

1.61

17,214,410

105,259

31-Dec-03

5.60000%

11-Apr-13

WBCM3C4A

Retail

1.43

16,439,041

95,751

29-Feb-04

5.61000%

1-Mar-13

WBCM3C4B

Multifamily

1.23

14,277,634

83,333

31-Dec-03

6.00000%

11-Feb-13

WBCM3C4A

Office

2.19

13,585,763

82,738

31-Dec-03

5.60000%

11-Mar-13

WBCM3C4A

Industrial

1.68

13,435,979

82,097

31-Dec-03

5.40000%

11-Mar-13

WBCM3C4A

Retail

2.37

13,283,540

75,807

31-Dec-03

5.25000%

11-Jan-08

WBCM3C4A

Office

1.68

12,898,076

72,615

31-Dec-03

5.57000%

11-Apr-13

WBCM3C4A

Retail

1.46

12,863,026

74,682

31-Dec-03

5.56000%

1-Feb-13

WBCM3C4B

Multifamily

1.36

12,582,490

73,160

6.00000%

1-Jan-13

WBCM3C4B

Multifamily

0.00

12,048,818

73,445

5.59000%

11-Mar-13

WBCM3C4B

Multifamily

0.00

11,687,187

68,068

31-Dec-03

6.13000%

1-Dec-12

WBCM3C4A

Office

1.48

11,508,428

73,747

31-Dec-03

5.78000%

11-Mar-13

WBCM3C4A

Retail

1.47

11,132,934

66,159

5.71000%

11-Feb-13

WBCM3C4A

Retail

0.00

11,113,753

65,657

31-Dec-03

5.38000%

11-Feb-08

WBCM3C4A

Retail

2.31

11,002,653

62,752

Page 17 of 27

* NOI and DSCR, if available and reportable under the terms of the trust agreement, are based on information obtained from the related borrower, and no other party to the agreement shall be held liable for the accuracy or methodology used to

determine such figures.

(1) Legend:

A. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

5.43000%

11-Mar-13

WBCM3C4B

Multifamily

0.00

9,840,669

56,340

31-Dec-03

5.81000%

11-Feb-13

WBCM3C4A

Retail

1.45

9,642,389

70,551

31-Dec-03

5.38000%

11-Feb-08

WBCM3C4A

Retail

1.74

9,529,083

54,347

31-Dec-03

5.38000%

11-Feb-08

WBCM3C4A

Retail

2.08

9,283,488

52,947

31-Dec-03

5.70000%

11-Mar-13

WBCM3C4B

Multifamily

1.88

8,175,149

48,173

31-Dec-03

5.50000%

11-Jan-13

WBCM3C4B

Multifamily

1.47

7,952,462

45,991

31-Dec-03

5.91000%

11-Mar-13

WBCM3C4B

Mobile home park

1.72

7,885,025

47,502

6.12000%

1-Jan-08

WBCM3C4B

Multifamily

0.00

7,699,711

47,520

25-Dec-03

5.44000%

11-Jan-10

WBCM3C4A

Office

1.60

7,659,330

43,430

5.72000%

1-Dec-12

WBCM3C4A

Retail

0.00

7,509,407

44,498

31-Dec-03

5.70000%

11-Apr-13

WBCM3C4A

Retail

1.46

7,442,793

47,583

6.10000%

11-Apr-13

WBCM3C4A

Retail

0.00

7,158,758

47,481

31-Dec-03

5.50000%

1-Oct-13

WBCM3C4B

Multifamily

1.33

6,752,508

42,372

31-Dec-03

5.80000%

11-Apr-13

WBCM3C4A

Retail

1.80

6,730,914

40,046

25-Dec-03

5.44000%

11-Jan-10

WBCM3C4A

Mixed use

1.45

6,664,612

37,790

31-Dec-03

5.38000%

11-Feb-08

WBCM3C4A

Retail

1.84

6,385,468

36,418

31-Dec-03

6.07500%

1-Jan-13

WBCM3C4A

Retail

2.36

6,343,664

42,178

31-Dec-03

5.56000%

11-Feb-13

WBCM3C4A

Office

2.04

6,197,859

36,037

31-Dec-03

5.50000%

11-Mar-13

WBCM3C4B

Multifamily

1.81

6,004,236

34,635

31-Dec-03

5.57000%

11-Apr-13

WBCM3C4A

Retail

1.57

5,991,970

34,789

31-Dec-03

5.71000%

11-Jan-13

WBCM3C4A

Office

1.71

5,659,506

33,468

31-Dec-03

5.64000%

11-Mar-10

WBCM3C4A

Retail

1.47

5,592,140

35,606

31-Dec-03

5.75000%

1-Feb-08

WBCM3C4A

Industrial

1.17

5,427,938

31,805

5.90000%

11-Feb-13

WBCM3C4A

Retail

0.00

5,215,994

31,436

5.70000%

1-Feb-13

WBCM3C4B

Multifamily

0.00

5,114,118

30,181

Page 18 of 27

determine such figures.

(1) Legend:

A. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

31-Dec-03

5.58000%

11-Jan-13

WBCM3C4A

Retail

1.16

5,106,819

29,787

6.00000%

1-Mar-13

WBCM3C4A

Retail

0.00

4,781,661

29,078

31-Dec-03

5.33000%

11-Mar-08

WBCM3C4B

Multifamily

1.37

4,721,897

26,744

31-Dec-03

5.78000%

1-Jan-13

WBCM3C4B

Mobile home park

1.89

4,717,460

28,103

31-Dec-03

5.90000%

11-Mar-13

WBCM3C4A

Retail

1.58

4,681,584

28,174

31-Dec-03

5.52000%

11-Mar-13

WBCM3C4B

Mobile home park

1.45

4,626,527

26,745

31-Dec-03

5.61000%

11-Mar-19

WBCM3C4A

Retail

1.16

4,372,428

36,561

30-Jun-03

5.60000%

11-Mar-18

WBCM3C4A

Mixed use

1.39

4,257,544

37,008

6.00000%

11-Nov-12

WBCM3C4A

Retail

0.00

4,417,125

26,980

31-Dec-03

6.30000%

11-Feb-13

WBCM3C4A

Retail

1.33

4,323,340

29,294

31-Dec-03

6.25000%

11-Feb-13

WBCM3C4A

Retail

1.33

4,232,350

26,449

31-Dec-03

5.55000%

11-Feb-11

WBCM3C4A

Retail

1.69

4,186,086

26,485

31-Dec-03

5.25000%

11-Mar-13

WBCM3C4B

Multifamily

1.53

4,099,931

25,168

31-Dec-03

5.68000%

11-Mar-13

WBCM3C4B

Multifamily

1.47

4,087,305

24,034

31-Dec-03

6.00000%

1-Feb-13

WBCM3C4A

Retail

1.50

4,085,574

24,881

31-Dec-03

6.00000%

1-Feb-13

WBCM3C4B

Multifamily

1.79

4,085,574

24,881

31-Dec-03

6.25000%

1-Jan-13

WBCM3C4A

Retail

1.66

4,036,149

25,244

31-Dec-03

6.15000%

1-Feb-13

WBCM3C4B

Multifamily

1.18

4,017,043

24,847

31-Dec-03

6.35000%

11-Feb-13

WBCM3C4A

Retail

1.29

3,991,598

25,201

31-Dec-03

5.73000%

11-Mar-13

WBCM3C4B

Multifamily

1.20

3,959,920

23,409

31-Dec-03

6.07000%

11-Mar-13

WBCM3C4A

Office

1.15

3,838,686

30,966

31-Dec-03

5.38000%

11-Feb-08

WBCM3C4A

Multifamily

1.50

3,880,400

22,131

31-Dec-03

5.89000%

1-Mar-13

WBCM3C4B

Mobile home park

1.54

3,823,993

22,989

5.82000%

11-Feb-18

WBCM3C4B

Multifamily

0.00

3,677,753

32,532

31-Dec-03

5.75000%

11-Feb-13

WBCM3C4A

Retail

1.49

3,800,000

18,815

Page 19 of 27

determine such figures.

(1) Legend:

A. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

31-Dec-03

5.25000%

11-Mar-13

WBCM3C4B

Multifamily

1.42

3,709,462

22,771

31-Dec-03

6.35000%

11-Feb-13

WBCM3C4A

Retail

1.30

3,676,212

23,209

31-Dec-03

5.75000%

11-Feb-08

WBCM3C4A

Retail

1.53

3,635,953

23,434

31-Dec-03

6.25000%

11-Feb-13

WBCM3C4A

Retail

1.31

3,657,698

22,858

31-Dec-03

5.79000%

11-Feb-13

WBCM3C4B

Multifamily

1.72

3,615,414

21,540

31-Dec-03

6.15000%

1-Jan-13

WBCM3C4A

Retail

1.93

3,616,532

22,389

31-Dec-03

5.97500%

1-Feb-13

WBCM3C4A

Retail

1.18

3,597,962

21,855

31-Dec-03

6.24000%

11-Feb-13

WBCM3C4A

Retail

1.37

3,596,121

22,450

5.85000%

1-Mar-13

WBCM3C4A

Retail

0.00

3,547,579

21,238

6.00000%

1-Mar-13

WBCM3C4B

Multifamily

0.00

3,524,230

23,195

31-Dec-03

6.20000%

11-Feb-13

WBCM3C4A

Office

1.45

3,546,408

22,049

5.70000%

1-Jan-13

WBCM3C4B

Multifamily

0.00

3,537,061

20,894

31-Dec-03

5.80000%

1-Nov-12

WBCM3C4B

Multifamily

1.65

3,530,870

21,123

6.00000%

1-Feb-13

WBCM3C4A

Office

0.00

3,470,276

21,134

6.30000%

1-Jan-13

WBCM3C4A

Retail

0.00

3,465,767

21,788

31-Dec-03

5.46000%

11-Mar-18

WBCM3C4A

Retail

0.91

3,304,880

28,524

31-Dec-03

5.75000%

11-Mar-13

WBCM3C4A

Mixed use

1.39

3,435,603

20,352

6.25000%

11-Feb-13

WBCM3C4A

Retail

0.00

3,399,181

21,242

6.14000%

11-Feb-13

WBCM3C4B

Multifamily

0.00

3,323,676

22,198

31-Dec-03

5.93000%

11-Mar-13

WBCM3C4A

Retail

1.62

3,252,780

19,637

31-Dec-03

5.57000%

11-Apr-13

WBCM3C4A

Retail

1.41

3,232,510

18,768

31-Dec-03

5.50000%

1-Mar-13

WBCM3C4B

Mobile home park

1.72

3,198,978

18,453

31-Dec-03

5.48000%

11-Apr-13

WBCM3C4B

Multifamily

1.27

3,083,814

17,733

31-Dec-03

6.00000%

1-Feb-13

WBCM3C4B

Mobile home park

1.31

3,051,874

18,586

31-Dec-03

6.00000%

11-Feb-13

WBCM3C4A

Retail

1.57

3,051,874

18,586

100

Page 20 of 27

determine such figures.

(1) Legend:

A. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

6.00000%

1-Jan-13

WBCM3C4A

Retail

0.00

3,024,522

19,973

101

31-Dec-03

5.98000%

11-Feb-13

WBCM3C4A

Retail

1.20

3,031,985

18,427

102

31-Dec-03

5.20000%

11-Mar-08

WBCM3C4A

Retail

1.46

2,949,846

16,473

103

6.01000%

11-Feb-13

WBCM3C4A

Retail

0.00

2,953,524

18,006

104

31-Dec-03

6.27000%

11-Dec-22

WBCM3C4A

Retail

1.37

2,786,809

21,386

105

31-Dec-03

5.26000%

1-Jan-08

WBCM3C4B

Mobile home park

1.77

2,801,079

17,275

106

31-Dec-03

6.24000%

11-Sep-21

WBCM3C4A

Retail

1.30

2,707,294

21,526

107

31-Dec-03

6.75000%

1-Jan-13

WBCM3C4A

Retail

1.57

2,739,815

19,346

108

31-Dec-03

6.65000%

1-Jan-13

WBCM3C4A

Industrial

2.33

2,738,788

19,169

109

5.50000%

11-Feb-13

WBCM3C4A

Office

0.00

2,636,166

22,878

110

31-Dec-03

5.82000%

11-Feb-18

WBCM3C4B

Multifamily

1.15

2,546,137

22,522

111

31-Dec-03

5.48000%

11-Apr-13

WBCM3C4B

Multifamily

1.31

2,635,528

15,155

112

31-Dec-03

6.74000%

1-Mar-18

WBCM3C4B

Multifamily

1.18

2,489,995

16,328

113

5.40000%

11-Mar-13

WBCM3C4B

Multifamily

0.00

2,459,915

14,038

114

5.70000%

1-Feb-13

WBCM3C4B

Multifamily

0.00

2,458,711

14,510

115

31-Dec-03

5.57000%

11-Apr-13

WBCM3C4A

Retail

1.26

2,413,542

14,013

116

31-Dec-03

5.57000%

11-Apr-13

WBCM3C4A

Retail

1.52

2,365,251

13,733

117

6.70000%

1-Feb-18

WBCM3C4B

Multifamily

0.00

2,367,910

15,487

118

31-Dec-03

6.35000%

1-Jan-13

WBCM3C4A

Mixed use

2.32

2,204,374

20,191

119

31-Dec-03

6.20000%

1-Mar-13

WBCM3C4A

Retail

1.73

2,286,759

14,197

120

31-Dec-03

5.75000%

1-Mar-13

WBCM3C4B

Mobile home park

0.00

2,068,750

12,255

121

31-Dec-03

6.28800%

1-Jan-13

WBCM3C4A

Retail

1.47

2,067,562

12,982

122

31-Dec-03

5.40000%

11-Mar-13

WBCM3C4B

Multifamily

2.47

1,967,932

11,231

123

31-Dec-03

5.72000%

11-Feb-20

WBCM3C4B

Multifamily

1.15

1,905,380

15,353

124

31-Dec-03

5.90000%

1-Feb-13

WBCM3C4B

Mobile home park

1.83

1,919,092

11,566

125

Page 21 of 27

determine such figures.

(1) Legend:

A. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

6.90000%

1-Feb-13

WBCM3C4B

Mobile home park

0.00

1,678,249

11,196

126

31-Dec-03

5.48000%

11-Apr-13

WBCM3C4B

Multifamily

1.37

1,605,948

9,235

127

31-Dec-03

6.36000%

1-Jan-13

WBCM3C4B

Mobile home park

1.23

1,496,882

9,468

128

31-Dec-03

6.74000%

1-Mar-18

WBCM3C4B

Multifamily

1.22

1,482,140

9,719

129

31-Dec-03

5.78000%

11-Mar-13

WBCM3C4B

Multifamily

1.22

1,428,562

8,489

130

31-Dec-03

5.85000%

11-Mar-13

WBCM3C4A

Retail

1.80

1,394,241

9,051

131

31-Dec-03

6.08000%

1-Feb-13

WBCM3C4B

Mobile home park

1.82

1,378,626

8,466

132

31-Dec-03

5.74000%

11-Feb-13

WBCM3C4B

Multifamily

2.20

1,278,704

7,578

133

31-Dec-03

5.68000%

11-Mar-18

WBCM3C4B

Multifamily

1.16

1,229,504

10,806

134

31-Dec-03

5.48000%

11-Apr-13

WBCM3C4B

Multifamily

1.22

1,256,186

7,223

135

31-Dec-03

5.83000%

11-Feb-13

WBCM3C4B

Mobile home park

1.80

1,229,899

7,358

136

31-Dec-03

5.48000%

11-Apr-13

WBCM3C4B

Multifamily

1.47

1,152,736

6,628

137

31-Dec-03

5.75000%

1-Mar-13

WBCM3C4B

Mobile home park

1.97

1,108,259

6,565

138

31-Dec-03

5.70000%

1-Feb-13

WBCM3C4B

Multifamily

1.35

1,081,833

6,384

139

31-Dec-03

8.20000%

1-Dec-09

WBCM3C4A

Retail

1.92

498,318

4,161

140

878,177,552

5,274,394

Page 22 of 27

determine such figures.

(1) Legend:

A. In Grace Period

B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months

4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Specially Serviced (Part I) ~ Loan Detail (End of Period)

Disclosure

Control #

Servicing

Xfer Date

Balance

Note
Rate

Maturity

Date

Remaining

Property

Type

Geo.

Location

NOI

DSCR

NOI
Date

Schedule

Actual

Life

Statement Date:

Loan

Status

Code(1)

Page 23 of 27

(1) Legend:

A. P&I Adv - in Grace Period
B. P&I Adv - < one month delinq

1. P&I Adv - delinquent 1 month
2. P&I Adv - delinquent 2 months

3. P&I Adv - delinquent 3+ months
4. Mat. Balloon/Assumed P&I

7. Foreclosure

9. REO

5. Non Performing Mat. Balloon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Modified Loan Detail

Disclosure

Control #

Modification

Date

Cutoff

Maturity

Date

Modification

Description

Modified

Maturity

Date

Statement Date:

Page 24 of 27

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Realized Loss Detail

Period

Disclosure

Control #

Appraisal

Date

Appraisal

Value

Beginning
Scheduled

Balance

Gross

Proceeds

Gross Proceeds

as a % of

Sched. Balance

Aggregate

Liquidation

Expenses *

Net

Liquidation

Proceeds

Net Proceeds

as a % of

Sched. Balance

Realized

Loss

Statement Date:

Current Total
Cumulative

Page 25 of 27

* Aggregate liquidation expenses also include outstanding P&I advances and unpaid servicing fees, unpaid trustee fees, etc..

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

Historical Collateral Level REO Report

Property

Type

Statement Date:

State

Actual

Balance

Scheduled

Balance

Recent

Appraisal

Value

Appraisal

Reduction

Amount

Date

Liquidated

Liquidation

Proceeds

Liquidation

Expenses

Realized

Loss

Disclosure

Control #

REO

Date

City

Appraisal

Date

ABN AMRO Acct: 720502.2

Page 26 of 27

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Jun-04
15-Jun-04

17-May-04

15-Jul-04

28-May-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Appraisal Reduction Detail

Disclosure

Control#

Appraisal
Red. Date

Scheduled

Balance

ASER

Note
Rate

Maturity

Date

Property

Type

Geographic

Location

Appraisal

Value Date

DSCR

Statement Date:

Remaining Term

Life

ARA

Amount

Current P&I

Advance

Page 27 of 27

WACHOVIA COMMERCIAL MORT SEC INC COM MOR PS THR CER SE 03-C4 8-K