(Latest 2010-09-04 12:50 build with Win7) I recently went through the originals in DOSBox and took a number of screen shots showing the various loot drops from enemies. In the latest version of Exult and playing The Black Gate, I've noticed (on cyclops so far), it seems they drop a default set of loot? In the original, they would drop a variety of random items (including chests (locked/unlocked/trapped/untrapped etc..), very rarely bags and backpacks). They typically did not drop as much gold as currently present in the latest Exult build.
I could provide you quite a few screen shots of loot drops from the original if you needed. I would *assume* the loot tables are already in the usecode, but perhaps this just has not been implemented yet.