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Previous: UAL CORP /DE/, 11-K, 1997-05-28 |
Next: UNION TANK CAR CO, 424B2, 1997-05-28 |
SECURITIES AND EXCHANGE COMMISSION
Washington D.C.
FORM 11-K
ANNUAL REPORT
Pursuant to Section(d) of the
Securities Exchange Act of 1934
For the Fiscal Year Ended November 30, 1996
Commission File No. 1 - 6033
United Air Lines, Inc.
Pilot's Directed Account Retirement Income Plan
(Full title of the Plan)
United Air Lines, Inc.
(Employer sponsoring the Plan)
UAL Corporation
(Issuer of the shares held pursuant to the Plan)
1200 Algonquin Road, Elk Grove Township, Illinois
Mailing Address:
P.O. Box 66100, Chicago, Illinois 60666
(Address of principal executive offices)
REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS
To the Board of Directors
of United Air Lines, Inc.:
We have audited the accompanying statement of net
assets available for plan benefits of the United
Air Lines, Inc. Pilots' Directed Account Retirement
Income Plan as of November 30, 1996 and 1995, and
the related statement of changes in net assets
available for plan benefits for the years then
ended. These financial statements and
supplementary schedules referred to below are the
responsibility of the Plan Administrator. Our
responsibility is to express an opinion on these
financial statements and supplementary schedules
based on our audits.
We conducted our audits in accordance with
generally accepted auditing standards. 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 the Plan
Administrator, as well as evaluating the overall
financial statement presentation. We believe that
our audits provide a reasonable basis for our
opinion.
In our opinion, the financial statements referred
to above present fairly, in all material respects,
the net assets available for plan benefits of the
United Air Lines, Inc. Pilots' Directed Account
Retirement Income Plan as of November 30, 1996 and
1995, and the changes in its net assets available
for plan benefits for the years then ended in
conformity with generally accepted accounting
principles.
Our audits were made for the purpose of forming an
opinion on the basic financial statements taken as
a whole. The supplemental schedule of reportable
transactions or series of transactions and the
supplemental schedule of plan assets are presented
for purposes of additional analysis and are not a
required part of the basic financial statements but
are supplementary information required by the
Department of Labor's Rules and Regulations for
Reporting and disclosure under the Employee
Retirement Income Security Act of 1974. The
supplemental schedules have been subjected to the
auditing procedures applied in the audits of the
basic financial statements and, in our opinion, are
fairly stated, in all material respects, in
relation to the basic financial statements taken as
a whole.
/s/ ARTHUR ANDERSEN LLP
ARTHUR ANDERSEN LLP
Chicago, Illinois
May 23, 1997
Signature
Pursuant to the requirements of the Securities Exchange Act of
1934, the United Air Lines, Inc. Pension and Welfare Plans
Administration Committee has duly caused this annual report to be
signed on its behalf by the undersigned hereunto duly authorized.
United Air Lines, Inc.
Pilots' Directed Account
Retirement Income Plan
By /s/ Douglas A. Hacker
Douglas A. Hacker
Member, United Air
Lines, Inc. Pension
and Welfare Plans
Administration Committee
Dated May 28, 1997
UNITED AIR LINES, INC.
PILOTS' DIRECTED ACCOUNT RETIREMENT INCOME PLAN
STATEMENT OF NET ASSETS AVAILABLE FOR PLAN BENEFITS
(In Thousands)
<TABLE>
<CAPTION>
November 30
1996 1995
INVESTMENTS, at fair value
<S> <C> <C>
Money Market Fund $496,528 $583,878
UAL Stock Fund 174,307 104,235
Short-Term Government
Securities Fund 91,701 108,212
Intermediate/Long-Term Bond Fund 93,333 101,444
Government Bond Fund 76,246 87,136
Income/Value Equity Fund 165,529 163,820
Growth Equity Fund 226,295 215,063
Small Cap Equity Fund 287,355 260,831
International Equity Fund 163,422 154,950
S & P 500 Index Fund 265,822 226,997
Individual Brokerage Account Option 60,135 -
Mutual Fund Option 41,811 -
NET ASSETS AVAILABLE FOR PLAN
BENEFITS $2,142,484 $2,006,566
</TABLE>
The accompanying notes to financial statements are an integral
part of these statements.
UNITED AIR LINES, INC.
PILOTS' DIRECTED ACCOUNT RETIREMENT INCOME PLAN
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS
(In Thousands)
<TABLE>
<CAPTION>
Year Ended November 30
1996 1995
<S> <C> <C>
NET ASSETS AVAILABLE FOR PLAN BENEFITS,
beginning of year $2,006,566 $1,790,153
CONTRIBUTIONS
Employer 8,215 9,084
Employee 1,068 330
9,283 9,414
TRANSFERS BETWEEN FUNDS - -
RESULTS OF INVESTMENT ACTIVITY
Dividends 14,792 14,573
Interest 51,645 62,532
Other income (expense), net (1,453) 216
Net appreciation (depreciation)
in value of investments 220,993 290,067
285,977 367,388
BENEFIT PAYMENTS (147,248) (149,693)
ADMINISTRATIVE EXPENSES (12,094) (10,696)
NET ASSETS AVAILABLE FOR PLAN BENEFITS,
end of year $2,142,484 $2,006,566
</TABLE>
The accompanying notes to financial statements are an integral
part of these statements.
UNITED AIR LINES, INC.
PILOTS' DIRECTED ACCOUNT RETIREMENT INCOME PLAN
NOTES TO FINANCIAL STATEMENTS
1. DESCRIPTION OF THE PLAN
This description is for general information purposes only.
Participants should refer to their summary plan description
and individual employee benefit statement for detailed
benefit information.
a. General and Plan Participants
United Air Lines, Inc. ("United") established the Pilots'
Variable Benefit Retirement Income Plan ("Variable Plan")
in 1955 to provide retirement income and other benefits
for the pilots of United. On September 1, 1982 the
Variable Plan was amended and restructured, retroactive
to February 1, 1981, and for active participants is now
known as the United Air Lines, Inc. Pilots' Directed
Account Retirement Income Plan (the "Directed Account
Plan" or "Plan"). All active participants in the
Variable Plan automatically became participants in the
Directed Account Plan. Therefore, after these actions,
the Variable Plan covered essentially only retired
participants and the Directed Account Plan covered only
active participants. The transition from the Variable
Plan to the Directed Account Plan did not constitute a
termination of the Variable Plan. The Plan is a defined
contribution plan and is subject to the Employee
Retirement Income Security Act of 1974, as amended.
United pilots are eligible to become participants in the
Plan on the first anniversary of their initial
employment.
b. Directed Account Plan Investment Options
Participants are able to individually allocate their
account balances among twelve different investment
options. The investment funds consist of the Money
Market Fund, the UAL Stock Fund, the Short-Term
Government Securities Fund, the Intermediate/Long-Term
Bond Fund, the Government Bond Fund, the Income/Value
Equity Fund, the Growth Equity Fund, the Small Cap Equity
Fund, the International Equity Fund, the S&P 500 Index
Fund, the Individual Brokerage Account Option and the
Mutual Fund Option. If a participant does not allocate
his account balance among the investment funds, his
balance will be invested in the Money Market Fund.
Participants may reallocate their fund balances or change
their future contribution allocation daily. Automatic
daily reallocation is accomplished in three Balanced
Funds that invest in the other investment funds in
predetermined portions.
Participants may invest in the UAL Stock Fund only
through transfers from the Money Market Fund. Existing
balances from Company contributions, 401(k)
contributions, after-tax contributions, rollover
contributions from qualified defined contribution plans
and earnings from all money types may be invested in the
UAL Stock Fund.
On July 12, 1994, UAL Corporation underwent a
recapitalization under Section 368(a)(1)(E) of the
Internal Revenue Code of 1986, pursuant to which the
shareholders engaged in a recapitalization exchange with
UAL Corporation. Each share of Old Common Stock was
exchanged for a package consisting of one half of a share
of New Common Stock and $84.81 in cash. The cash
consideration received by the Trustee on behalf of Plan
participants was used to purchase additional shares
of New Common Stock or, at the direction of Plan
participants, was transferred to other investment funds.
Pursuant to the terms of the recapitalization, fund
transfers into the UAL Stock Fund were temporarily
suspended from July 12, 1994 to July 19, 1994 and from
January 12, 1995 to March 15, 1995. On May 20, 1996
(with a May 6, 1996 record date), UAL Common Stock
underwent a 4 for 1 stock split. Shares held in the UAL
Stock Fund were adjusted accordingly.
As of December 11, 1995, two investment options were
added to the Pilots' Directed Account Retirement Income
Plan. The Mutual Fund Option allows participants to
invest in a wide range of mutual funds publicly traded on
the New York Stock Exchange ("NYSE"). There is no minimum
investment required for this option; however, all investments
must be transferred to and from the Money Market Fund. The
Individual Brokerage Account Option allows the participant
to invest in more than 850 mutual funds, stocks listed on every
major US exchange, money market funds, bonds and other
fixed-income investments. There is a required minimum
initial investment of $1,000. Like the Mutual Fund
Option, all investments must be transferred to and from
the Money Market Fund. These options were added to
provide participants with the opportunity to assume
greater responsibility for their investments.
Participants who choose to invest in these options must
sign disclaimers which provide that they will accept the
liability of any potential losses.
c. Contributions and Vesting
Prior to July 12, 1994, United made a contribution in an
amount equivalent to 9% of a pilot's earnings to the
Plan. In connection with the July 12, 1994
recapitalization, this contribution was reduced to 1% of
earnings. Company contributions on behalf of a
participant are allocated directly to each participant's
account. Pilots may also elect to voluntarily
contribute, in multiples of 1%, any percentage, up to 50%
(subject to the 25% overall limit discussed below) of
each paycheck received. Pilots immediately vest in
company and voluntary contributions.
Pilot pre-tax election deferrals to the Plan can be made,
subject to a maximum of $9,500 in 1996 and 1997, on a
pretax basis as permitted by Section 401(k) of the
Internal Revenue Code. Lower limits may apply to certain
highly compensated participants if the Plan does not pass
certain nondiscrimination tests required by law. Based
on expectations that no pilot would pass this test for
the plan year ending November 30, 1996, pre-tax and post-
tax salary deferrals were prohibited for that year.
During the plan year ending November 30, 1995, only post-
tax salary deferrals were prohibited. During each
calendar year a pilot's pre-tax election deferrals will
be changed from a pretax basis to an after tax basis if
the pilot elects and if the legal limit for pretax
contributions is exceeded. Section 415 of the Internal
Revenue Code limits the total amount of contributions
from all qualified defined contribution retirement plans
to the lesser of 25% of annual taxable earnings or
$30,000.
Contributions to the Plan include $1,067,835 and $330,734
for 1996 and 1995, respectively, which were transferred
from other qualified plans as rollovers under Internal
Revenue Code Section 401(a).
d. Withdrawals
Withdrawals from the Plan may be made as follows, as
applicable to the participant's eligibility, amount
requested, and existing balances:
Participants who have separated from service (for
reasons other than death) may elect payment in the
form of a lump sum, periodic distributions, irregular
partial distributions, or through the purchase of an
annuity. Taxable or taxable portions of distributions
may also be directly rolled over into an IRA or
qualified plan (with the exception of periodic
distributions of 10 years or more duration).
Withdrawals are normally made in the form of a fixed
life annuity, if the participant is unmarried, or a
50% contingent annuity with the spouse as the
contingent annuitant, if the participant is married.
Spousal consent is required if the participant elects
to take a distribution in the form of a lump sum
payment, periodic distributions, irregular partial
distributions, and other forms of annuities.
Participants are able to defer the distribution of the
account until April 1 of the next calendar year after
reaching age 70-1/2.
Distributions of accounts due to the death of a
participant may be taken by the participant's
beneficiary in the form of a lump sum payment or
through the purchase of an annuity. The participant's
surviving spouse, if any, is automatically the
beneficiary of half of the account, unless the spouse
waives this right.
In-service withdrawals for participants who are
actively employed or are absent due to reasons of
illness (other than grounded status), layoff, or
approved leave of absence and maintain an employer-
employee relationship with United Air Lines, Inc. are
permitted as follows:
- Discretionary withdrawals of post-tax contributions
and earnings
- Hardship withdrawals from 401(k) account, subject
to restrictions described in the Plan
- After reaching age 59-1/2, subject to certain
requirements specified in the Plan, all or a
portion of the participant's 401(k) account may be
withdrawn
- Upon reaching age 70-1/2, minimum distributions
required under Internal Revenue Code
401(a)(9) must be taken no later than April 1
following the calendar year that the participant
has reached age 70-1/2. Effective January 1, 1997,
active participants that have reached age
70-1/2 may choose to defer distribution.
If a participant's account has never exceeded $3,500,
total distribution of the account will be made in a
lump sum payment upon termination of employment or
death.
Generally, withdrawals are allocated pro-rata to the
balances of each of the investment funds in the
participant's account. Alternatively, the participant
may specify which fund(s) that distribution is made
from. Distributions from the UAL Stock Fund, may be
made in cash, or in whole shares of UAL Corporation
common stock, with fractional shares distributed in
cash.
e. Plan Termination Provisions
If the Plan is terminated, all amounts credited to a
participant's account at the time of termination shall be
retained in the Trust and will be distributed in
accordance with the normal distribution rules of the
Plan.
f. Trustee
The Frank Russell Trust Company serves as Plan trustee.
2. SIGNIFICANT ACCOUNTING POLICIES
a. Basis of Accounting
The financial statements are presented on the accrual
basis.
b. Investments
Domestic investments are stated at fair value, generally,
as determined by market prices quoted on U.S. securities
exchanges. The fair value of foreign securities and
foreign currency deposits is based on market prices
quoted on foreign securities exchanges and this value is
converted to U.S. dollars using the exchange rate in
effect at plan year-end. Assets in the UAL Stock Fund
are invested in UAL Corporation common stock and are
valued at market prices quoted on the New York Stock
Exchange ("NYSE"). Transfers into the UAL Stock Fund are
made as of the close of the NYSE on a daily basis.
c. Net Appreciation (Depreciation) in Value of Investments
Net appreciation or depreciation in value of investments
includes realized and unrealized gains and losses.
Realized and unrealized gains and losses are calculated
as the difference between fair value at December 1, or
date of purchase if subsequent to December 1, and fair
value at date of sale or the current year-end. The
unrealized gain or loss on investments in the
International Fund represents the difference between fair
value at December 1, or date of purchase, and the fair
value at the date of sale or the current year-end plus,
where applicable, the change in the exchange rate between
the U.S. dollar and the foreign currency in which the
assets are denominated from December 1, or the date of
purchase, to the date of sale or the current year-end.
d. Plan Expenses
Management fees are paid to the trustee based upon
investment fund balances. Brokerage and other investment
fees are included in the cost of the related security.
United performs certain administrative functions for the
Plan without charge.
3. INVESTMENT ADMINISTRATION
Plan assets are invested by a group of investment managers.
The investment managers buy or sell securities on behalf of
the Plan, in accordance with the investment objectives and
guidelines established for each of the first ten different
investment funds.
As of November 30, 1996, the investment managers were as follows:
Money Market Fund - Frank Russell Trust Company
UAL Stock Fund - Frank Russell Trust Company
Short-Term Government - Pacific Investment Management
Securities Fund Company
Intermediate/Long-Term Bond Fund - Sanford C. Bernstein & Co., Inc.
Government Bond Fund - Frank Russell Trust Company
Income/Value Equity Fund - Brandywine Asset Management
- Dodge & Cox, Inc.
- Frank Russell Trust Company
Growth Equity Fund - Alliance Capital Management
- Chancellor LGT Asset Management
- Frank Russell Trust Company
Small Cap Equity Fund - Jacobs Levy Equity Management, Inc.
- Peregrine Capital Management
- Turner Investment Partners, Inc.
- Frank Russell Trust Company
International Equity Fund - Capital Guardian Trust Company
- Rowe Price-Fleming International,
Inc.
- The Boston Company Asset
Management, Inc.
S & P 500 Index Fund - Panagora Asset Management
As of November 30, 1996, plan assets can also be invested in two
investment options as follows:
Individual Brokerage Account - Self-Directed Account with
Option Charles Schwab
Mutual Fund Option - Self-Directed Account
4. TAX STATUS
The Plan obtained its latest determination letter on June
18, 1996. The Internal Revenue Service confirmed that the
Plan, as written, was in compliance with the requirements of
the Internal Revenue Code and that the trust was tax exempt.
5. NET ASSETS AVAILABLE FOR PLAN BENEFITS
Components of funds as of November 30, 1996 were:
<TABLE>
<CAPTION>
Short-Term Intermediate/
Money UAL Government Long-Term Government
Market Stock Securities Bond Bond
Fund Fund Fund Fund Fund
(In Thousands)
<S> <C> <C> <C> <C> <C>
Investments,
at fair value
Short-term
securities $498,522 $ 2,903 $ 20,049 $ 6,147 $ 4,529
Notes and
bonds - - 80,184 95,747 71,879
Common stock
and common
stock funds - 168,978 - - -
Preferred
securities - - - - -
498,522 171,881 100,233 101,894 76,408
Miscellaneous
assets, primarily
venture capital
and partnerships (1,986) - - - (152)
Due from brokers for
securities sold - 2,448 10,979 - -
Cash and cash
equivalents - - (1,891) - -
Miscellaneous
liabilities,
primarily
pending foreign
exchange sales (8) (22) (13) (14) (10)
Due to brokers for
securities
purchased - - (17,607) (8,547) -
$496,528 $174,307 $ 91,701 $ 93,333 $ 76,246
</TABLE>
5. NET ASSETS AVAILABLE FOR PLAN BENEFITS
Components of funds as of November 30, 1996 were:
<TABLE>
<CAPTION>
Income/ Small Interna- S & P
Value Growth Cap tional 500
Equity Equity Equity Equity Index
Fund Fund Fund Fund Fund
(In Thousands)
<S> <C> <C> <C> <C> <C>
Investments,
at fair value
Short-term
securities $ 12,775 $ 29,179 $ 26,415 $ - $ 13,083
Notes and
bonds 991 991 1,585 3,990 439
Common stock
and common
stock funds 149,003 196,383 258,414 139,510 259,940
Preferred
securities 2,773 - - 2,855 -
165,542 226,553 286,414 146,355 273,462
Miscellaneous
assets, primarily
venture capital
and partnerships 26 63 13 37,440 2
Due from brokers for
securities sold 287 178 2,061 502 -
Cash and cash
equivalents - - (386) 16,478 -
Miscellaneous
liabilities,
primarily
pending foreign
exchange sales (29) (36) (64) (36,931) (27)
Due to brokers for
securities sold (297) (463) (683) (422) (7,615)
$165,529 $226,295 $287,355 $163,422 $265,822
</TABLE>
5. NET ASSETS AVAILABLE FOR PLAN BENEFITS
Components of funds as of November 30, 1996 were:
<TABLE>
<CAPTION>
Individual
Brokerage Mutual
Account Fund
Option Option Total
(In Thousands)
<S> <C> <C> <C>
Investments,
at fair value
Short-term
securities $ - $ - $ 613,602
Notes and
bonds - - 255,806
Common stock
and common
stock funds - - 1,172,228
Preferred
securities - - 5,628
- - 2,047,264
Miscellaneous
assets, primarily
venture capital
and partnerships 60,135 41,811 137,352
Due from brokers for
securities sold - - 16,455
Cash and cash
equivalents - - 14,201
Miscellaneous
liabilities,
primarily
pending foreign
exchange sales - - (37,154)
Due to brokers for
securities
purchased - - (35,634)
$ 60,135 $ 41,811 $2,142,484
</TABLE>
5. NET ASSETS AVAILABLE FOR PLAN BENEFITS
Components of funds as of November 30, 1995 were:
<TABLE>
<CAPTION>
Short-Term Intermediate/
Money UAL Government Long-Term Government
Market Stock Securities Bond Bond
Fund Fund Fund Fund Fund
(In Thousands)
<S> <C> <C> <C> <C> <C>
Investments,
at fair value
Short-term
securities $588,133 $ 5,363 $ 18,911 $ 1,754 $ 10,446
Notes and
bonds - - 107,247 104,242 76,360
Common stock
and common
stock funds - 101,312 - - -
Preferred
securities - - - - -
588,133 106,675 126,158 105,996 86,806
Miscellaneous
assets, primarily
interfund
receivable
transfers 3,746 22 979 647 463
Due from brokers for
securities sold 38 - 12,722 49 -
Cash and cash
equivalents - - - - -
Miscellaneous
liabilities,
primarily
interfund
payable
transfers (8,039) (51) (857) (1,176) (133)
Due to brokers for
securities -
purchased - (2,411) (30,790) (4,072) -
$583,878 $104,235 $108,212 $101,444 $ 87,136
</TABLE>
5. NET ASSETS AVAILABLE FOR PLAN BENEFITS
Components of funds as of November 30, 1995 were:
<TABLE>
<CAPTION>
Income/ Small Interna- S & P
Value Growth Cap tional 500
Equity Equity Equity Equity Index
Fund Fund Fund Fund Fund Total
(In Thousands)
<S> <C> <C> <C> <C> <C> <C>
Investments,
at fair value
Short-term
securities $ 24,234 $ 31,392 $ 39,650 $10,993 $ 12,142 $ 743,018
Notes and
bonds 2,900 1,099 1,499 3,403 434 297,184
Common stock
and common
stock funds 138,703 185,150 221,705 140,962 217,596 1,005,428
Preferred
securities 239 - - 1,096 1 1,336
166,076 217,641 262,854 156,454 230,173 2,046,966
Miscellaneous
assets, primarily
interfund
receivable
transfers 544 247 303 703 619 8,273
Due from brokers for
securities sold 581 1,999 4,194 28,304 - 47,887
Cash and cash
equivalents - - - 1,313 - 1,313
Miscellaneous
liabilities,
primarily
interfund
payable
transfers (2,902) (4,111) (5,478) (3,191) (3,698) (29,636)
Due to brokers for
securities
purchased (479) (713) (1,042) (28,633) (97) (68,237)
$163,820 $215,063 $260,831 $154,950 $226,997 $2,006,566
</TABLE>
6. CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS
Changes by fund for the year ended November 30, 1996 were:
<TABLE>
<CAPTION>
Short-Term Intermediate/
Money UAL Government Long-Term Government
Market Stock Securities Bond Bond
Fund Fund Fund Fund Fund
(In Thousands)
<S> <C> <C> <C> <C> <C>
Net assets at
beginning
of year $583,878 $104,235 $108,212 $101,444 $ 87,136
Contributions
Employer 2,007 - 243 364 172
Employee 127 - - 11 -
2,134 - 243 375 172
Transfers
between funds (28,515) 48,013 (15,998) (8,495) (9,694)
Investment
activity
Dividends - - - - -
Interest 30,195 116 7,932 6,277 1,937
Other income
(expense),net (2,696) 68 (57) 1,947 110
Net appreciation
(depreciation)
in value of
investments - 22,591 (510) (1,452) 2,207
Benefit
payments (86,644) - (7,565) (6,171) (5,225)
Administrative
expenses (1,824) (716) (556) (592) (397)
Net assets at
end of year $496,528 $174,307 $ 91,701 $ 93,333 $ 76,246
</TABLE>
6. CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS
Changes by fund for the year ended November 30, 1996 were:
<TABLE>
<CAPTION>
Income/ Small Interna- S & P
Value Growth Cap tional 500
Equity Equity Equity Equity Index
Fund Fund Fund Fund Fund
(In Thousands)
<S> <C> <C> <C> <C> <C>
Net assets at
beginning
of year $163,820 $215,063 $260,831 $154,950 $226,997
Contributions
Employer 788 1,099 1,591 896 1,055
Employee 7 30 600 252 41
795 1,129 2,191 1,148 1,096
Transfers
between funds (27,059) (24,166) (10,884) (6,267) (7,637)
Investment
activity
Dividends 3,447 1,716 1,502 2,978 5,043
Interest 1,030 1,349 1,922 203 335
Other income
(expense), net (84) (493) (1,196) 194 1,152
Net appreciation
(depreciation)
in value of
investments 30,296 39,570 46,323 20,167 50,558
Benefit
payments (5,581) (6,517) (10,695) (8,073) (10,777)
Administrative
expenses (1,135) (1,356) (2,639) (1,878) (945)
Net assets at
end of year $165,529 $226,295 $287,355 $163,422 $265,822
</TABLE>
6. CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS
Changes by fund for the year ended November 30, 1996 were:
<TABLE>
<CAPTION>
Individual Mutual
Brokerage Fund
Account Option Total
(In Thousands)
<S> <C> <C> <C>
Net assets at
beginning
of year $ - $ - $2,006,566
Contributions
Employer - - 8,215
Employee - - 1,068
- - 9,283
Transfers
between funds 54,750 35,952 -
Investment
activity
Dividends 106 - 14,792
Interest 349 - 51,645
Other income
(expense), net 1 (399) (1,453)
Net appreciation
(depreciation)
in value of
investments 4,932 6,311 220,993
Benefit
payments - - (147,248)
Administrative
expenses (3) (53) (12,094)
Net assets at
end of year $60,135 $41,811 $2,142,484
</TABLE>
6. CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS
Changes by fund for the year ended November 30, 1995 were:
<TABLE>
<CAPTION>
Short-Term Intermediate/
Money UAL Government Long-Term Government
Market Stock Securities Bond Bond
Fund Fund Fund Fund Fund
(In Thousands)
<S> <C> <C> <C> <C> <C>
Net assets at
beginning
of year $642,540 $ 36,738 $ 98,757 $ 63,253 $ 84,305
Contributions
Employer 3,628 - 273 284 187
Employee 167 - - - -
3,795 - 273 284 187
Transfers
between funds 1,761 21,405 5,846 29,210 (5,803)
Investment
activity
Dividends - - - - -
Interest 38,210 113 8,832 6,038 2,753
Other
income, net 17 1 7 3 73
Net appreciation
in value of
investments - 46,594 826 7,578 12,590
Benefit
payments (100,494) (348) (5,755) (4,382) (6,535)
Administrative
expenses (1,951) (268) (574) (540) (434)
Net assets at
end of year $583,878 $104,235 $108,212 $101,444 $ 87,136
</TABLE>
6. CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS
Changes by fund for the year ended November 30, 1995 were:
<TABLE>
<CAPTION>
Income/ Small Interna- S & P
Value Growth Cap tional 500
Equity Equity Equity Equity Index
Fund Fund Fund Fund Fund Total
(In Thousands)
<S> <C> <C> <C> <C> <C> <C>
Net assets at
beginning
of year $124,885 $179,714 $172,569 $222,371 $165,021 $1,790,153
Contributions
Employer 763 956 1,132 975 886 9,084
Employee 30 36 40 31 26 330
793 992 1,172 1,006 912 9,414
Transfers
between funds 5,329 (13,824) 19,256 (74,882) 11,702 -
Investment
activity
Dividends 3,616 1,464 1,349 3,277 4,867 14,573
Interest 1,265 1,862 1,850 1,261 348 62,532
Other
income, net 31 33 29 20 2 216
Net appreciation
in value of
investments 35,052 50,352 72,540 10,956 53,579 290,067
Benefit
payments (6,126) (4,318) (5,992) (7,069) (8,674) (149,693)
Administrative
expenses (1,025) (1,212) (1,942) (1,990) (760) (10,696)
Net assets at
end of year $163,820 $215,063 $260,831 $154,950 $226,997 $2,006,566
</TABLE>
7. SUBSEQUENT EVENT
Effective April 1, 1997, the Pilots' Directed Account
Retirement Income Plan was amended to allow participants to
obtain loans from the total vested balance of their account.
Participants may borrow up to fifty percent of their total
vested account balance, not to exceed $50,000. The minimum
that may be borrowed is $1,000. Loans will be funded by
charging the participant's interest in the Money Market
Fund. No loan will be funded from any investment fund other
than the Money Market Fund and applications which designate
an amount which cannot be fully funded from this fund will
be denied. Generally, loan repayments will be made through
payroll deductions on an after-tax basis for the term of the
loan, which is a minimum of six months to a maximum of sixty
months. The term of the loan may be extended to a period
longer than sixty months if the loan is used to acquire a
principal residence. Prepayment of the full balance of the
loan is allowed after six months from the date of the loan
without penalty. Participants may only have one loan
outstanding at any time and are able to take out another
loan after twelve months from the date the old loan is
retired. An administrative fee of $90 is charged to each
participant taking a loan and is automatically deducted from
the participant's account.
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF REPORTABLE 5% TRANSACTIONS - ITEM 27d
11-30-95 THROUGH 11-29-96
**************************************
THE FOLLOWING SCHEDULE OF REPORTABLE 5% TRANSACTIONS FOR THIS ACCOUNT IS
DESIGNED TO SATISFY THE FILING REQUIREMENTS OF FORM 5500. THE INFORMATION
SHOWN ON THE THE SCHEDULE FOLLOWS THE CURRENT DEPARTMENT OF LABOR FORM.
IT IS IMPORTANT TO NOTE THAT WE FEEL THAT THIS SCHEDULE FOR YOUR ACCOUNT IS
COMPLETE EXCEPT FOR THE REPORTING OF ANY SERIES OF NON-SECURITY
TRANSACTIONS OR NON-CASH INCOME REINVESTMENT ON FUNDS WITH THE SAME PERSON.
PLEASE REVIEW YOUR DETAILED CASH STATEMENT REPORT TO IDENTIFY ANY
REPORTABLE NON-SECURITY TRANSACTIONS INVOLVING ITEMS SUCH AS REAL ESTATE,
LOANS, MORTGAGES, ETC.
-278-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF REPORTABLE 5% TRANSACTIONS - ITEM 27d
11-30-95 THROUGH 11-29-96
**************************************
<TABLE>
<CAPTION>
EXPENSES CURRENT VALUE
PURCHASE SELLING LEASE INCURRED WITH COST OF OF ASSET ON NET GAIN
DESCRIPTION OF ASSET PRICE PRICE RENTAL TRANSACTION ASSET TRANSACTION DATE OR (LOSS)
-------------------- ------ ------ ------ ----------- ----- ---------------- --------
($) ($) ($) ($) ($) ($) ($)
TRANSACTIONS BY ISSUE
---------------------
<S> <C> <C> <C> <C> <C> <C>
UAL CORP COM STK PAR $0.01
1,031,317.00 SHR BOUGHT IN 138 TRANS 3,705.125 62,444.58 102,495,220.50 102,495,220.50
745,170.00 SHR SOLD IN 86 TRANSACTIONS 6,744.953 47,455.61 44,448,888.20 58,444,483.22 13,948,139.41
-------------- -------------
160,939,703.72 13,948,139.41
============== =============
US TREAS 5.75 NT DUE 09-30-1997
67,045,000.00 PAR BOUGHT IN 7 TRANS 700.546 67,099,303.83 67,099,303.83
67,045,000.00 PAR SOLD IN 9 TRANS 899.578 67,099,303.83 67,019,957.81 (79,346.02)
-------------- -------------
134,119,261.64 (79,346.02)
============== =============
COLTV SHORT TERM INVT FD
535,682,616.09 INCREASES ON 1334 DAYS 535,682,616.09 535,682,616.09
463,706,650.97 DECREASES ON 930 DAYS 463,706,650.97 463,706,650.97 0.00
-------------- -------------
999,389,267.06 0.00
============== =============
MFO FRANK RUSSELL SHORT-TERM INVT FD FBO
UAL-DV
378,133,573.07 UNITS BOUGHT IN 128 TRANS 128.000 378,133,573.07 378,133,573.07
469,950,742.49 UNITS SOLD IN 141 TRANS 141.000 469,950,742.49 469,950,742.49 0.00
-------------- -------------
848,084,315.56 0.00
============== =============
MFO UAL FRANK RUSSELL STIF UNIT SEC FBO
MANAGED A/C
328,566,516.62 UNITS BOUGHT IN 101 TRANS 101.000 328,566,516.62 328,566,516.62
285,847,500.00 UNITS SOLD IN 98 TRANS 98.000 285,847,500.00 285,847,500.00 0.00
-------------- -------------
614,414,016.62 0.00
============== =============
TRANSACTIONS BY BROKER
----------------------
</TABLE>
THERE ARE NO REPORTABLE BROKER TRANSACTIONS
NOTE: TRANSACTIONS ARE BASED ON THE 11-30-95 VALUE (EXCLUDING ACCRUALS
AND PENDING TRANSACTIONS) OF $2,023,519,018.16.
-279-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C>
NON-INTEREST BEARING CASH
=========================
CASH BALANCE 900.34 900.34
ARGENTINE AUSTRAL
CASH BALANCE 58.80 58.80
AUSTRIAN SCHILLING
CASH BALANCE 5,936.87 -18,817.70
AUSTRAILIAN DOLLAR
CASH BALANCE 135.64 135.64
BELGIAN FRANC
CASH BALANCE 239.68 239.68
CANADIAN DOLLAR
CASH BALANCE 142.72 142.72
SWISS FRANC
CASH BALANCE 187,047.96 184,305.50
GERMAN DEUTSCHEMARK
CASH BALANCE 40.42 40.42
SPANISH PESETA
CASH BALANCE 373,649.14 367,677.01
FRENCH FRANC
CASH BALANCE 215,607.05 217,541.87
BRITISH STERLING
CASH BALANCE 28,948.64 28,952.68
HONG KONG DOLLAR
CASH BALANCE 52.67 52.67
ITALIAN LIRE
CASH BALANCE -457,601.08 -458,692.65
JAPANESE YEN
CASH BALANCE 45,318.13 45,318.13
MALAYSIAN RINGGIT
CASH BALANCE 4,829.28 4,829.28
NETHERLAND GUILDERS
CASH BALANCE 82.28 82.28
NORWEGIAN KRONER
CASH BALANCE 321.10 321.10
NEW ZEALAND DOLLAR
CASH BALANCE 464.08 464.08
PORTUGUESE ESCUDO
CASH BALANCE 125.62 125.62
SWEDISH KRONER
CASH BALANCE 664.60 664.60
SINGAPORE DOLLAR
</TABLE>
-373-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C>
CASH BALANCE 0.00 0.00
THAI BAHT
CASH BALANCE 149.27 149.27
MEX NUEVO PESO
CASH BALANCE 776.00 776.00
HONG KONG DOLLAR
CASH -2,276,989.72 -2,276,989.72
TOTAL NON-INTEREST BEARING CASH -1,869,100.51 -1,901,722.38
RECEIVABLES - OTHER
===================
MARK TO MARKETS RECEIVABLE 216.80 216.80
FOREIGN CURRENCY PURCHASE 1,661,960.00 1,709,653.60
AUSTRAILIAN DOLLAR
FOREIGN CURRENCY PURCHASE 2,379,948.89 2,344,456.54
GERMAN DEUTSCHEMARK
FOREIGN CURRENCY PURCHASE 2,872,814.10 2,817,506.48
FRENCH FRANC
FOREIGN CURRENCY PURCHASE 4,243,500.00 4,535,654.02
BRITISH STERLING
FOREIGN CURRENCY PURCHASE 12,305,561.49 11,932,639.99
JAPANESE YEN
FOREIGN CURRENCY PURCHASE 27,726.42 27,720.93
MALAYSIAN RINGGIT
FOREIGN CURRENCY PURCHASE 13,616,079.70 13,616,079.70
UNITED STATES DOLLAR
FOREIGN CURRENCY SALE -596,717.50 -617,513.41
AUSTRAILIAN DOLLAR
FOREIGN CURRENCY SALE -239.18 -239.42
CANADIAN DOLLAR
FOREIGN CURRENCY SALE -1,433,372.13 -1,377,597.14
SWISS FRANC
FOREIGN CURRENCY SALE -1,680,292.29 -1,650,804.14
GERMAN DEUTSCHEMARK
FOREIGN CURRENCY SALE -1,511,487.69 -1,482,712.70
FRENCH FRANC
FOREIGN CURRENCY SALE -1,607,146.67 -1,689,077.46
BRITISH STERLING
FOREIGN CURRENCY SALE -233,000.00 -233,836.69
HONG KONG DOLLAR
FOREIGN CURRENCY SALE -6,248,525.14 -6,082,961.76
JAPANESE YEN
FOREIGN CURRENCY SALE -396.97 -387.06
NETHERLAND GUILDERS
</TABLE>
-374-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C>
FOREIGN CURRENCY SALE -138,493.43 -138,970.25
NORWEGIAN KRONER
FOREIGN CURRENCY SALE -19,756.90 -19,875.55
NEW ZEALAND DOLLAR
FOREIGN CURRENCY SALE -134,569.93 -133,140.52
SWEDISH KRONER
FOREIGN CURRENCY SALE -12,081.87 -12,086.61
SINGAPORE DOLLAR
FOREIGN CURRENCY SALE -23,491,510.90 -23,491,510.90
UNITED STATES DOLLAR
PENDING PURCHASE -12,548.83 -12,463.67
BELGIAN FRANC
PENDING PURCHASE 0.00 0.00
SPANISH PESETA
PENDING PURCHASE -77,515.78 -78,160.52
BRITISH STERLING
PENDING PURCHASE 0.00 0.00
HONG KONG DOLLAR
PENDING PURCHASE -131,670.67 -130,351.86
JAPANESE YEN
PENDING PURCHASE 0.00 0.00
KOREAN WON
PENDING PURCHASE -53,717.68 -53,582.26
MALAYSIAN RINGGIT
PENDING PURCHASE -100,387.91 -99,791.25
NETHERLAND GUILDERS
PENDING PURCHASE 0.00 0.00
NEW ZEALAND DOLLAR
PENDING PURCHASE -37,642.70 -37,614.06
PHILLIPINES PESO
PENDING PURCHASE 0.00 0.00
SINGAPORE DOLLAR
PENDING PURCHASE -10,393.50 -10,393.50
UNITED STATES DOLLAR
PENDING PURCHASE 0.00 0.00
MEX NUEVO PESO
PENDING SALE 49,376.95 49,352.06
BRITISH STERLING
PENDING SALE 106,596.58 106,598.38
HONG KONG DOLLAR
PENDING SALE 258,528.08 258,606.05
KOREAN WON
</TABLE>
-375-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C>
PENDING SALE 21,735.84 21,722.51
MALAYSIAN RINGGIT
PENDING SALE 51,942.16 51,777.83
NEW ZEALAND DOLLAR
PENDING SALE 13,902.63 13,960.12
SINGAPORE DOLLAR
DUE FROM BROKER ON PENDING TRADES 15,952,721.68 15,952,721.68
DUE TO BROKER ON PENDING TRADES -35,211,966.93 -35,211,966.93
TOTAL RECEIVABLES - OTHER -19,180,823.28 -19,126,370.97
INTEREST BEARING CASH
=====================
CASH BALANCE 14,341,376.14 14,341,376.14
UNITED STATES DOLLAR
CASH ON CALL 8,412.64 8,412.64
AUSTRIAN SCHILLING
CASH ON CALL 548,125.95 548,125.95
AUSTRAILIAN DOLLAR
CASH ON CALL 301,216.58 301,216.58
GERMAN DEUTSCHEMARK
CASH ON CALL 152,895.75 152,895.75
SPANISH PESETA
CASH ON CALL 323,785.09 323,785.09
FRENCH FRANC
CASH ON CALL 26,884.89 26,884.89
BRITISH STERLING
CASH ON CALL 54,319.71 54,319.71
HONG KONG DOLLAR
CASH ON CALL 17,162.62 17,162.62
ITALIAN LIRE
CASH ON CALL 31,634.45 31,634.45
JAPANESE YEN
CASH ON CALL 44,708.21 44,708.21
MALAYSIAN RINGGIT
CASH ON CALL 0.00 0.00
NETHERLAND GUILDERS
CASH ON CALL 155.88 155.88
NORWEGIAN KRONER
CASH ON CALL 9,335.30 9,335.30
NEW ZEALAND DOLLAR
</TABLE>
-376-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
CASH ON CALL 62,504.03 62,504.03
PORTUGUESE ESCUDO
CASH ON CALL 31,284.92 31,284.92
SWEDISH KRONER
CASH ON CALL 43,495.31 43,495.31
SINGAPORE DOLLAR
CASH ON CALL 0.00 0.00
THAI BAHT
CASH ON CALL 67,135.35 67,135.35
MEX NUEVO PESO
COLLECTIVE SHORT TERM INVESTMENT FUND 1.00 0.00 1.00
MFO FRANK RUSSELL SHORT-TERM INVESTMENT 496,315,894.47 496,315,894.47 496,315,894.47
FUND FBO UAL-DV
MFO SCHWAB FAMILY FD MONEY MARKET FD 11,124,647.61 11,124,647.61 11,124,647.61
MFO UAL FRANK RUSSELL STIF UNIT SECURITY 42,668,139.20 42,668,139.20 42,668,139.20
FBO MANAGED ACCOUNTS
COLTV SHORT TERM INVT FD 71,974,888.12 71,974,888.12 71,974,888.12
INVESTED CASH
TOTAL INTEREST BEARING CASH 638,148,002.22 638,148,003.22
US GOVERNMENT SECURITIES
========================
(D)S TREASURY BILL 0% CPN 06/02/97 USD10 3,000,000.00 2,953,333.33 2,972,550.00
&&& UNITED STATES TREAS 6.25% BD DUE 10,000.00 9,071.98 9,661.00
08-15-2023 (CV HELD AS STATE DEPOSIT)
CMO FHLMC CORP COLL MTG OBLIG SER J CL 3,933,589.88 4,307,280.91 4,228,609.12
J-4 10.25% BD DUE 12-31-2014 REG
CUBES STRIPPED TREASURY COUPON DUE 838,750.00 223,662.90 808,378.86
8-15-97 BOOK ENTRY ONLY
CUBES STRIPPED TREASURY COUPON DUE 2,716,250.00 568,998.90 2,432,347.55
11-15-98 BOOK ENTRY ONLY
CUBES STRIPPED TREASURY COUPON DUE 2,000,000.00 536,623.78 1,661,720.00
2-15-2000 BOOK ENTRY ONLY
CUBES STRIPPED TREASURY COUPON DUE 1,080,625.00 205,221.49 638,854.69
5-15-2005 BOOK ENTRY ONLY
FEDERAL HOME LN BKS FLTG RT CONS BD DUE 2,000,000.00 1,909,000.00 1,908,720.00
02-11-1998
FEDERAL HOME LOAN BANK CONSOLIDATED 180,000.00 219,937.50 214,284.60
9.50% BD DUE 2-25-04 REG
</TABLE>
-377-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
FEDERAL HOME LOAN MORTGAGE CORPORAION 2,771,316.90 2,916,811.03 2,812,886.65
MULTICLASS SERIES 1083 CLASS 1083-K
8.50% GTD MTG PARTN CTF DUE 03-15-06
FEDERAL NATIONAL MORTGAGE ASSOCIATION 142,834.98 149,262.55 143,146.36
REMIC TRUST 1989-91 CLASS 91-E 9.25% GTD
PASS THRU CTF DUE 6-25-2015 REG
FEDERAL NATIONAL MORTGAGE ASSOCIATION 310,000.00 364,496.87 339,353.90
RESIDENTIAL 8.90% BD DUE 6-12-2000 REG
FEDERAL NATIONAL MORTGAGE ASSOCIATION 525,000.00 600,593.76 582,666.00
9.20% DEB DUE 9-11-2000 REG
FEDERAL NATIONAL MORTGAGE ASSOCIATION 275,000.00 281,617.19 282,004.25
7.05% BD DUE 12-10-98 REG
FEDERAL NATIONAL MORTGAGE ASSOCIATION 510,000.00 563,231.25 528,405.90
7.850% BD DUE 9-10-98 REG
FEDERAL NATIONAL MORTGAGE ASSOCIATION 430,000.00 468,656.25 443,102.10
8.15% DEB DUE 5-11-98 REG
FEDERAL NATIONAL MORTGAGE ASSOCIATION 585,000.00 615,118.75 624,850.20
7.55% BD DUE 4-22-02 REG
FEDERAL NATIONAL MORTGAGE ASSOCIATION 605,000.00 682,843.76 654,912.50
8.25% DEB DUE 12-18-2000 REG
FEDERAL NATIONAL MORTGAGE ASSOCIATION 675,000.00 769,589.06 718,139.25
8.45% BD DUE 7-12-99 REG
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1,360,000.00 1,496,365.38 1,452,643.20
8.35% BD DUE 11-10-99 REG
FEDERAL NATL MTG ASSN 5.05 DEB DUE 145,000.00 136,300.00 143,187.50
11-10-98 REG
FFCB SER A-1997, 11.90% CONS SYSTEMWIDE 1,715,000.00 2,098,371.55 1,807,181.25
BD DUE 10-20-97
FHA FIRST FEDERAL HOUSING ADMINISTRATION 5,198,446.81 5,280,424.31 5,288,795.82
INSURED PROJECT MORTGAGE POOL #1,
BANCO, 7.483% MORTGAGE PARTICIPATION
FHA INSD MTG P/T #091 ML LYNCH 7.43% BD 1,630,453.50 1,756,101.13 1,630,453.50
DUE 07-01-2023
FHA INSD MTG PASS THRU #129 7.43% BD DUE 1,253,176.61 1,342,857.04 1,249,492.27
08-01-2023
FHA POOL #42 USGI INC 7.43% DUE 917,975.55 875,142.83 915,276.70
09-01-2022
FHLB 5.04% 8-20-98 REG 315,000.00 295,410.94 311,799.60
FHLMC GOLD #D64618 8.0% GTD MTG PASS 1,537,372.57 1,574,846.02 1,584,200.94
THRU CTF DUE 10-1-2025 REG
FHLMC GOLD TBA GROUP #9999999 6.5% MTG 3,500,000.00 3,323,906.25 3,401,545.00
PARTN CTF DUE 12-11-2026 REGISTERED
</TABLE>
-378-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
FHLMC GOLD TBA GROUP #9999999 7.5% MTG 1,770,000.00 1,779,403.12 1,793,222.40
PARTN CTF DUE 01-14-2027 REGISTERED
FHLMC GROUP #A0-0952 9.0% MTG PARTN CTF 3,378,468.80 3,591,734.65 3,613,880.51
DUE 09-01-2000 REGISTERED
FHLMC GROUP #B0-0083 8.5% MTG PARTN CTF 2,432,138.40 2,547,664.98 2,535,407.00
DUE 11-01-2002 REGISTERED
FHLMC GROUP #C00403 8.0% MTG PARTN CTF 179,149.28 183,516.04 184,801.44
DUE 05-01-2025 REGISTERED
FHLMC GROUP #C80244 8.5% MTG PARTN CTF 1,564,902.91 1,610,178.01 1,633,367.41
DUE 12-01-2024 REGISTERED
FHLMC GROUP #G00422 8.5% MTG PARTN CTF 630,320.22 652,381.42 663,210.33
DUE 11-01-2025 REGISTERED
FHLMC GROUP #W10002 6.775% MTG PARTN CTF 440,000.00 448,694.40 448,694.40
DUE 11-01-2003 REGISTERED
FHLMC GROUP #25-4527 8.0% MTG PARTN CTF 140,201.45 128,897.75 145,702.95
DUE 01-01-2009 REGISTERED
FHLMC GROUP #255850 8.00% MORTGAGE 97,149.43 91,844.12 101,339.48
PARTICIPATION CERTIFICATE DUE 6-1-15
REGISTERED
FHLMC GROUP #296016 8.50000% MTG PARTN 207,563.81 218,655.52 218,963.21
CTF DUE 06-01-2017 REGISTERED
FHLMC GROUP #555234 11.5% MTG PARTN CTF 216,560.91 238,013.95 245,855.10
DUE 05-01-2019 REGISTERED
FHLMC MULTICLASS SERIES 1564 CLASS I 2,983,272.60 473,594.53 303,130.33
6.5% MTG PARTN CTF DUE 05-15-2007
REGISTERED
FHLMC MULTICLASS SERIES 1618 6.0% MTG 9,426,590.93 1,403,678.31 852,446.62
PARTN CTF DUE 10-15-2007 REGISTERED
FHLMC MULTICLASS SERIES 1577 CLASS PL 7,612,636.50 1,054,469.11 786,080.84
6.5% MTG PARTN CTF DUE 07-15-2018
REGISTERED
FHLMC MULTICLASS SERIES 88 CLASS G 8.0% 1,268,429.40 1,324,715.96 1,275,164.76
MTG PARTN CTF DUE 04-15-2019 REGISTERED
FHLMC POOL #306670 11.25% GTD PARTN CTF 184,546.05 202,654.61 206,645.44
DUE 04-01-2019 REGISTERED
FHLMC TBA GOLD GROUP #9999999 8.5% MTG 2,325,000.00 2,403,468.75 2,423,812.50
PARTN CTF DUE 12-01-2026 REGISTERED
FHLMC TBA GROUP #9999999 6.5% MTG PARTN -1,000,000.00 0.00 - 986,870.00
CTF DUE 12-01-2026 REGISTERED
FHLMC 5.47% DEBENTURE DUE 4-1-97 REG 400,000.00 400,000.00 400,064.00
FHLMC 7.750% DEB DUE 11-7-2001 REG 210,000.00 215,484.38 225,355.20
FHLMC 7.90% DEBENTURE DUE 9-19-2001 REG 400,000.00 436,906.25 431,376.00
</TABLE>
-379-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
FNMA POOL #300309 6.374% GTD MTG PASS 1,840,334.91 1,840,334.91 1,837,463.99
THRU CTF DUE 12-01-2024 REGISTERED
FNMA POOL #348276 ARMS GTD MTG PASS THRU 3,825,220.64 3,847,335.20 3,873,647.93
CTF DUE 02-01-2026 REGISTERED
FNMA POOL #66414 6.984% GTD MTG PASS 2,323,581.50 2,352,626.28 2,403,466.23
THRU CTF DUE 09-01-2028 REGISTERED
FNMA POOL #67329 10.0% GTD MTG PASS THRU 129,061.15 133,880.76 137,408.83
CTF DUE 11-01-2001 REGISTERED
FNMA POOL #73565 7.31% GTD MTG PASS THRU 89,768.76 90,876.85 92,712.28
CTF DUE 07-01-2003 REGISTERED
FNMA POOL #73705 7.245% GTD MTG PASS 89,943.43 91,475.28 91,475.17
THRU CTF DUE 10-01-2006 REGISTERED
FNMA POOL #73737 7.175% GTD MTG PASS 105,000.00 105,492.19 112,021.35
THRU CTF DUE 11-01-2006 REGISTERED
FNMA POOL #80323 8.875% GTD MTG PASS 1,928,927.63 2,018,140.53 2,006,200.47
THRU CTF DUE 06-01-2007 REGISTERED
FNMA REMIC TRUST SERIES 1993-147 CLASS K 4,798,519.30 677,790.86 636,571.57
7.0% GTD MTG PASS THRU CTF DUE
06-25-2020 REGISTERED
FNMA REMIC TRUST SERIES 1992-12 CLASS E 177,770.27 178,992.44 177,992.48
6.625% GTD MTG PASS THRU CTF DUE
06-25-2019 REGISTERED
FNMA REMIC TRUST SER 1992-48 CL E 7.3% 1,157,918.76 1,161,899.10 1,159,366.16
GTD MTG PASS THRU CTF DUE 04-25-2003 REG
FNMA REMIC TRUST SER 1996-39 CL H 8.0% 1,946,195.80 1,944,067.16 2,009,369.32
GTD MTG PASS THRU CTF DUE 11-25-2023 REG
FNMA REMIC TRUST SERIES 1990-68 CLASS J 2,500,000.00 2,393,750.00 2,500,000.00
6.95% GTD MTG PASS THRU CTF DUE
07-25-2020 REGISTERED
FNMA 6.01% MTN DUE 10-9-98 REG 420,000.00 422,034.38 422,360.40
FNMA 6.05% MTN DUE 11-10-97 REG 105,000.00 103,441.41 105,410.55
FNMA 7.05% DEB DUE 11-12-02 REG 475,000.00 509,140.62 497,263.25
FNMA-GNMA REMIC TRUST SER G94-6 CL PY 240,000.00 252,375.00 257,623.20
8.0% GTD MTG PASS THRU CTF DUE 05-17-24
REG
GNMA TBA POOL #9999999 SERIES 2026 8.0% 2,135,000.00 2,184,089.07 2,200,373.70
DUE 12-15-2026 REGISTERED
GNMA, POOL# 00140133 SERIES 00002000 A 96,491.08 104,572.22 102,460.98
11.0000 %, DUE 10-15-2000 REGISTERED
GNMA, POOL #101395 SERIES 1998 11.0%, 7,339.07 7,953.72 7,793.14
DUE 08-15-1998 REGISTERED
GNMA, POOL #126705 SERIES 2000 11.0%, 54,502.26 59,066.83 57,874.31
DUE 10-15-2000 REGISTERED
</TABLE>
-380-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
GNMA, POOL #127639 SERIES 2000 11.0%, 23,563.61 25,537.06 25,021.49
DUE 07-15-2000 REGISTERED
GNMA, POOL #127644 SERIES 2000 11.0%, 25,671.61 27,821.59 27,259.91
DUE 09-15-2000 REGISTERED
GNMA, POOL #133328 SERIES 2000 11.0%, 14,747.26 15,982.36 15,659.67
DUE 09-15-2000 REGISTERED
GNMA, POOL #134323 SERIES 2000 11.0%, 87,727.06 95,074.22 93,154.73
DUE 09-15-2000 REGISTERED
GNMA, POOL #135153 SERIES 2000 11.0%, 52,669.20 57,080.23 55,927.84
DUE 09-15-2000 REGISTERED
GNMA, POOL #136150 SERIES 2000 11.0%, 142,578.55 154,519.51 151,399.88
DUE 10-15-2000 REGISTERED
GNMA, POOL #136356 SERIES 2000 11.0%, 83,576.86 90,576.41 88,747.76
DUE 08-15-2000 REGISTERED
GNMA, POOL #137147 SERIES 2000 11.0%, 19,875.73 21,540.32 21,105.44
DUE 10-15-2000 REGISTERED
GNMA, POOL #137268 SERIES 2000 11.0%, 42,262.45 45,801.92 44,877.23
DUE 08-15-2000 REGISTERED
GNMA, POOL #137279 SERIES 2000 11.0%, 75,368.35 81,680.46 80,031.39
DUE 10-15-2000 REGISTERED
GNMA, POOL #137395 SERIES 2000 11.0%, 19,319.40 20,937.41 20,514.69
DUE 10-15-2000 REGISTERED
GNMA, POOL #138029 SERIES 2000 11.0%, 108,589.50 117,683.87 115,307.93
DUE 10-15-2000 REGISTERED
GNMA, POOL #138389 SERIES 2000 11.0%, 42,492.11 46,050.82 45,121.10
DUE 09-15-2000 REGISTERED
GNMA, POOL #139503 SERIES 2000 11.0%, 83,314.34 90,291.90 88,469.00
DUE 10-15-2000 REGISTERED
GNMA, POOL #139778 SERIES 2000 11.0%, 98,477.96 106,725.48 104,570.79
DUE 10-15-2000 REGISTERED
GNMA, POOL #139816 SERIES 2000 11.0%, 62,256.16 67,470.12 66,107.95
DUE 08-15-2000 REGISTERED
GNMA, POOL #140090 SERIES 2000 11.0%, 27,957.64 30,299.10 29,687.38
DUE 09-15-2000 REGISTERED
GNMA, POOL #140171 SERIES 2000 11.0%, 31,095.19 33,699.41 33,019.05
DUE 10-15-2000 REGISTERED
GNMA, POOL #140233 SERIES 2000 11.0%, 33,836.28 36,670.08 35,929.73
DUE 10-15-2000 REGISTERED
GNMA, POOL #141455 SERIES 2000 11.0%, 43,425.98 47,062.90 46,112.75
DUE 10-15-2000 REGISTERED
GNMA, POOL #141635 SERIES 2000 11.0%, 101,015.33 109,475.36 107,265.15
DUE 09-15-2000 REGISTERED
</TABLE>
-381-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
GNMA, POOL #141681 SERIES 2000 11.0%, 39,988.74 43,337.76 42,462.84
DUE 10-15-2000 REGISTERED
GNMA, POOL #141953 SERIES 2000 11.0%, 33,858.96 36,694.66 35,953.81
DUE 10-15-2000 REGISTERED
GNMA, POOL #141964 SERIES 2000 11.0%, 3,141.98 3,405.13 3,336.37
DUE 10-15-2000 REGISTERED
GNMA, POOL #141965 SERIES 2000 11.0%, 50,626.08 54,866.03 53,758.32
DUE 10-15-2000 REGISTERED
GNMA, POOL #200107 SERIES 2020 9.0%, DUE 693,394.55 732,157.76 744,525.46
01-15-2020 REGISTERED
GNMA, POOL #312690 SERIES 2023 7.5%, DUE 102,928.86 103,057.53 104,762.02
07-15-2023 REGISTERED
GNMA, POOL #342726 SERIES 2023 7.5%, DUE 79,273.71 79,372.80 80,760.09
07-15-2023 REGISTERED
GNMA, POOL #343742 SERIES 2023 7.5%, DUE 127,363.23 127,522.43 130,418.67
04-15-2023 REGISTERED
GNMA, POOL #344095 SERIES 2023 7.5%, DUE 25,889.77 25,922.13 26,420.25
08-15-2023 REGISTERED
GNMA, POOL #344129 SERIES 2023 7.5%, DUE 75,066.52 75,160.35 76,403.45
08-15-2023 REGISTERED
GNMA, POOL #349628 SERIES 2023 7.5%, DUE 33,712.93 33,755.08 34,345.05
06-15-2023 REGISTERED
GNMA, POOL #385808 SERIES 2024 8.0%, DUE 984,874.74 1,023,192.52 1,016,873.32
07-15-2024 REGISTERED
GNMA, POOL #416011 SERIES 2025 7.5%, DUE 1,177,985.73 1,192,710.56 1,195,655.52
10-15-2025 REGISTERED
GNMA, POOL #416022 SERIES 2025 7.5%, DUE 1,529,690.74 1,548,811.91 1,552,636.10
11-15-2025 REGISTERED
GNMA, POOL #431199 SERIES 2026 8.5%, DUE 1,815,000.79 1,873,988.31 1,895,532.38
09-15-2026 REGISTERED
GNMA, POOL #780049 SERIES 2021 9.5%, DUE 642,724.59 686,811.48 699,965.64
11-15-2021 REGISTERED
GNMA, POOL #780074 SERIES 2022 9.0%, DUE 702,220.65 743,228.28 754,002.40
12-15-2022 REGISTERED
GNMA, POOL #780118 SERIES 2021 9.5%, DUE 1,884,169.04 1,987,978.44 2,051,389.04
08-15-2021 REGISTERED
GNMA, POOL #780254 SERIES 2021 9.5%, DUE 659,335.86 707,137.71 717,640.93
11-15-2021 REGISTERED
GNMA, POOL #90741 SERIES 2010 11.0%, DUE 25,629.27 28,088.09 28,765.01
01-15-2010 REGISTERED
GNMA, POOL #90947 SERIES 2010 11.0%, DUE 78,513.41 86,045.81 88,119.53
01-15-2010 REGISTERED
</TABLE>
-382-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
GNMA, POOL #91793 SERIES 2010 11.0%, DUE 55,785.38 61,137.30 62,610.72
08-15-2010 REGISTERED
GNMA, POOL #92213 SERIES 2010 11.0%, DUE 28,803.35 31,566.67 32,327.44
07-15-2010 REGISTERED
GNMA, POOL #92304 SERIES 2010 11.0%, DUE 37,876.70 41,510.49 42,510.91
08-15-2010 REGISTERED
GNMA, POOL #92923 SERIES 2010 11.0%, DUE 71,495.54 78,354.63 80,243.02
09-15-2010 REGISTERED
GNMA, POOL #93487 SERIES 2010 11.0%, DUE 127,458.71 139,686.77 143,053.28
09-15-2010 REGISTERED
GNMA, POOL #97168 SERIES 2013 10.5%, DUE 60,231.51 65,426.49 67,399.66
04-15-2013 REGISTERED
GNMA, POOL #98572 SERIES 2013 11.0%, DUE 242,615.67 265,891.60 273,699.59
06-15-2013 REGISTERED
GNMA, POOL #99264 SERIES 2013 10.5%, DUE 2,898.70 3,148.71 3,243.67
07-15-2013 REGISTERED
GNMA, POOL #99519 SERIES 2013 10.5%, DUE 41,734.17 45,333.76 46,700.95
08-15-2013 REGISTERED
GNMA, TBA POOL #9999999 SERIES 2027 7.5% 1,705,000.00 1,721,250.78 1,729,500.85
DUE 01-15-2027 REGISTERED
GNMA, TBA POOL #9999999 SERIES 2026 7.5% 2,250,000.00 2,257,382.81 2,282,332.50
DUE 12-15-2026 REGISTERED
GNMAII POOL #8459 SERIES 2024 VAR RT DUE 1,855,669.34 1,887,418.68 1,899,741.49
07-20-2024 REGISTERED
GNMAII POOL 8482 SERIES 2024 7.25% DUE 743,664.30 756,910.82 761,556.86
08-20-2024 REGISTERED
GNMAII, POOL #00058 SERIES 2022 9.0%, 169,361.93 178,041.74 180,052.06
DUE 07-20-2022 REGISTERED
GNMAII, POOL #8484 SERIES 2024 7.0%, DUE 720,123.67 733,963.57 737,341.83
08-20-2024 REGISTERED ARM
GNMAII, POOL #8639 SERIES 2025 7.125% 859,780.44 873,751.88 880,466.76
DUE 06-20-2025 REGISTERED
GNMAII, POOL #8660 SERIES 2025 6.5%, DUE 865,667.20 875,947.00 886,633.66
07-20-2025 REGISTERED
GNMAII, POOL #8682 SERIES 2025 ARMS DUE 2,269,851.93 2,243,782.53 2,303,196.05
08-20-2025 REG
GNMAII, POOL #8720 SERIES 2025 ARMS DUE 919,927.63 928,839.43 943,073.01
10-20-2025 REGISTERED
GNMAII, POOL #8781 SERIES 2026 5.0%, DUE 546,544.71 541,597.80 546,205.85
01-20-2026 REGISTERED
GNMAII, POOL #8814 SERIES 2026 5.0%, DUE 1,511,189.09 1,480,493.07 1,510,252.15
02-20-2026 REGISTERED
</TABLE>
-383-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
GNMAII, POOL #8945 SERIES 2026 5.5%, DUE 1,283,023.44 1,250,546.90 1,282,625.70
08-20-2026 REGISTERED
GNMAII, TBA POOL#9999999 SERIES 2026 2,000,000.00 2,020,133.93 2,033,120.00
6.50% DUE 12-23-2026 REG
I/O FNMA STRIP MTG BACKED SEC TR 000173 434,939.87 105,948.63 123,275.01
9.5% CTF DUE 9-25-2022 REG
P/O FHLMC MULTICLASS SER 1750-C CLASS PB 1,000,000.00 834,687.50 916,230.00
0.00001% MTG PARTN CTF DUE 03-15-2024
REGISTERED
RESIDENTIAL FUNDING MTG SEC 7.65% BOND 278,032.03 278,879.17 279,021.82
DUE 4-25-2025 REG
TREASURY INVESTMENT GROWTH RECEIPT, 1,063,000.00 137,203.54 799,163.40
SERIES 12, REPRESENTING INTEREST PAYMENT
ON THE 11-15-2001 COUPON OF A 13.25% USA
TWELVE FEDERAL LAND BANKS, 750,000.00 724,804.69 751,290.00
SERIES A-1997, 7.35% CONSOLIDATED BOND
DUE 1-20-97
U S TREAS BILLS DUE 12-12-1996 440,000.00 435,341.50 439,208.20
U.S TREASURY STRIPPED SECS INT GENERIC 1,480,000.00 638,938.08 902,933.20
TINT PMT DUE 2-15-05 BEO
U.S TREASURY STRIPPED SECS INT GENERIC 150,000.00 50,500.50 55,488.00
TINT PMT DUE 5-15-12 REG
U.S TREASURY STRIPPED SECS INT PMT 110,000.00 42,203.70 43,731.60
GENERIC TINT PMT DUE 5-15-11 REG
U.S. TREAS STRIPPED SECS INT PMT 215,000.00 46,337.13 71,506.85
GENERIC TINT PMT DUE 11-15-13 REG
U.S. TREASURY SEC STRIPPED IN PMT 350,000.00 60,858.00 73,223.50
GENERIC TINT PAYMENT DUE 8-15-2020
U.S. TREASURY STRIPPED SECS INT GENERIC 10,855,000.00 4,200,539.41 4,548,027.90
TINT PMT DUE 8-15-10 REG
U.S. TREASURY STRIPPED SECS INT PMT 1,975,000.00 538,715.50 563,349.00
GENERIC TINT PMT DUE 2-15-16 REG
U.S. TREASURY STRIPPED SECS INT IMPT 1,325,000.00 329,442.35 371,145.75
GENERIC TINT PMT DUE 5-15-16 REG
U.S. TREASURY STRIPPED SECS INT PMT 15,000.00 4,223.72 6,067.35
GENERIC TINT PMT DUE 2-15-11 BEO
U.S. TREASURY STRIPPED SECS INT GEN INT 140,000.00 45,806.05 54,696.60
PMT DUE 8-15-11
U.S. TREASURY STRIPPED SECS INT GEN TINT 370,000.00 114,697.15 134,476.50
PMT DUE 8-15-12 BEO
U.S. TREASURY STRIPPED SECS INT GEN INT 1,145,000.00 310,617.98 361,453.60
PMT DUE 8-15-14 BEO
</TABLE>
-384-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
U.S. TREASURY STRIPPED SECS INT PMT GEN 235,000.00 68,160.05 79,498.15
TINT PMT DUE 8-15-13 REG
U.S. TREASURY STRIPPED SECS INT PMT 1,020,000.00 417,707.34 611,765.40
REPSTG INT PMT ON 5-15-05 CPN GEN TINT
U.S. TREASURY STRIPPED SECS INT PMT 1,300,000.00 497,958.07 554,489.00
GENERIC TINT PMT DUE 5-15-10 REG
U.S. TREASURY STRIPPED SECS INT PMT 385,000.00 112,935.15 145,044.90
GEN TINT PMT DUE 2-15-12 REG
U.S. TREASURY STRIPPED SECS INT PMT 190,000.00 51,127.64 72,899.20
GENERIC TINT PMT DUE 11-15-11 REG
U.S. TREASURY STRIPPED SECS INT PMT 510,000.00 136,855.43 175,638.90
GENERIC TINT PMT DUE 5-15-13 REG
U.S. TREASURY STRIPPED SECS INT PMT 1,189,000.00 262,598.77 381,847.35
GEN TINT PMT DUE 5-15-14 REG
U.S. TREASURY STRIPPED SECS INT PMT 1,230,000.00 282,248.18 401,816.40
GEN TINT PMT DUE 2-15-14 REG
U.S. TREASURY STRIPPED SECS INT PMT 855,000.00 314,721.31 370,958.85
GENERIC TINT PMT DUE 2-15-10 REG
U.S. TREASURY STRIPPED SECS INT PMT 290,000.00 72,238.71 103,480.70
GENERIC TINT PMT DUE 11-15-12 REG
U.S. TREASURY STRIPPED SECS INT PMT 18,317,000.00 6,700,693.89 7,543,673.28
GENERIC TINT PMT DUE 11-15-10 REG
U.S. TREASURY STRIPPED SECS INT GENERIC 1,345,000.00 350,983.66 396,748.10
TINT PMT DUE 8-15-15 BEO
U.S.A. TREAS BILL DUE 02-06-1997 3,600,000.00 3,543,664.00 3,565,638.00
UNITED STATES TREAS SEC STRIPPED NT PMT 475,000.00 198,795.66 253,369.75
GENERIC TINT PYMT DUE 2-15-2007 REG
UNITED STATES TREAS SEC STRIPPED INT PMT 1,220,000.00 316,135.85 353,739.00
GENERIC TINT PMT DUE 11-15-2015 REG
UNITED STATES TREAS SEC STRIPPED INT 225,000.00 40,590.00 48,651.75
PMT DUE 2-15-2020 GENERIC INT PMT
UNITED STATES TREAS SEC STRIPPED INT 1,055,000.00 526,909.20 700,361.75
PYMT GENERIC TINT PYMT DUE 11-15-03 REG
UNITED STATES TREAS SEC STRIPPED INT 4,930,000.00 1,292,101.18 1,357,179.70
PMT GENERIC TINT PMT DUE 8-15-16 REG
UNITED STATES TREAS SEC STRIPPED INT PMT 610,000.00 294,574.24 391,205.20
REP INT GENERIC TINT PMT DUE 5-15-04
UNITED STATES TREAS SEC STRIPPED INT PMT 1,400,000.00 792,290.96 974,274.00
GENERIC TINT PMT REPRESENTING INTEREST
PMT ON THE 2-15-2003 CPN OF A 11.25% USA
</TABLE>
-385-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
UNITED STATES TREAS SEC STRIPPED INT PMT 1,305,000.00 634,384.24 923,170.05
GENERIC TINT PMT REPRESENTING INT PMT ON
THE 11-15-2002 CPN OF A 11.625% USA
UNITED STATES TREAS SEC STRIPPED 580,000.00 227,996.35 283,933.20
INTEREST PAYMENT GENERIC TINT PAYMENT
DUE 5-15-2008 REG
UNITED STATES TREAS NTS 5.0% DTD 2-15-96 580,000.00 565,228.13 572,477.40
DUE 2-15-1999
UNITED STATES TREAS NOTE 6.125% NT DUE 3,000,000.00 2,967,331.11 3,035,160.00
07-31-2000
UNITED STATES TREAS NT STRIPPED PRIN PMT 437,000.00 56,404.46 328,274.40
7.75 CPN DUE 11-15-2001 REG
UNITED STATES TREASURY SECURITIES, 770,000.00 514,323.92 652,436.40
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 11-15-99 B/E
UNITED STATES TREASURY SECURITIES 215,000.00 98,445.50 122,676.85
STRIPPED INTEREST PMT GENERIC TINT PMT
DUE 2-15-06
UNITED STATES TREASURY SECURITIES 260,000.00 88,435.01 116,789.40
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 8-15-2009 B/E
UNITED STATES TREASURY, SECURITIES 550,000.00 194,900.32 255,717.00
STRIPPED INTEREST, GENERIC TINT PAYMENT
DUE 2-15-2009
UNITED STATES TREASURY SECURITIES 220,000.00 146,482.40 206,151.00
STRIPPED INTEREST PAYMENT GENERIC TINT
PAYMENT DUE 2-15-98
UNITED STATES TREASURY SECURITIES 1,095,000.00 570,537.55 738,391.35
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 8-15-2003 B/E
UNITED STATES TREASURY SECURITIES 925,000.00 413,198.25 583,989.50
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 8-15-2004 B/E
UNITED STATES TREASURY SECURITIES 325,000.00 214,431.10 296,276.50
STRIPPED INTEREST PAYMENT, GENERIC TINT
PAYMENT DUE 8-15-98, REGISTERED
UNITED STATES TREASURY SECURITIES 90,000.00 70,042.84 89,068.50
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 2-15-1997 B/E
UNITED STATES TREASURY SECURITIES 1,370,000.00 732,549.63 984,934.10
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 8-15-2002 B/E
UNITED STATES TREASURY SECURITIES 640,000.00 311,504.53 489,081.60
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 8-15-2001 B/E
</TABLE>
-386-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
UNITED STATES TREASURY SECURITIES 1,159,000.00 693,396.40 940,006.95
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 8-15-2000 B/E
UNITED STATES TREASURY SECURITIES 800,000.00 402,144.50 629,984.00
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 2-15-2001 B/E
UNITED STATES TREASURY SECURITIES 1,025,000.00 372,760.46 668,833.00
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 2-15-2004 B/E
UNITED STATES TREASURY SECURITY 259,000.00 128,461.78 143,009.44
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 8-15-2006 B/E
UNITED STATES TREASURY SECURITIES 1,077,000.00 401,124.29 635,688.48
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 8-15-2005 B/E
UNITED STATES TREASURY SECURITIES 585,000.00 174,205.05 258,359.40
STRIPPED INTEREST PAYMENT, GENERIC TINT
DUE 11-15-2009
UNITED STATES TREASURY SECURITIES 850,000.00 480,414.34 730,940.50
STRIPPED INTEREST PAYMENT GENERIC TINT
PAYMENT DUE 8-15-99 REG
UNITED STATES TREASURY SEC STRIPPED INT 1,675,000.00 408,439.52 453,640.25
PYMT GENERIC TINT PYMT DUE 11-15-16 REG
UNITED STATES TREASURY SECURITIES, 1,420,000.00 766,346.05 1,052,433.00
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 2-15-2002 B/E
UNITED STATES TREASURY SECURITIES, 740,000.00 387,747.46 459,044.20
STRIPPED INTEREST PAYMENT, GENERIC TINT
PAYMENT DUE 11-15-2004, REGISTERED.
UNITED STATES TREASURY SECURITIES 545,000.00 194,850.56 271,273.75
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 2-15-2008 B/E
UNITED STATES TREASURY SECURITIES 338,000.00 154,059.03 174,370.82
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 8-15-2007 B/E
UNITED STATES TREASURY SECURITIES 520,000.00 199,284.31 250,322.80
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 8-15-2008 B/E
UNITED STATES TREASURY SECURITIES 486,000.00 382,386.89 468,771.30
STRIPPED INTEREST PAYMENT GENERIC TINT
PAYMENT DUE 8-15-97 B/E
UNITED STATES TREASURY SECURITIES 740,000.00 425,840.29 655,055.40
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 2-15-1999 B/E
UNITED STATES TREASURY SECURITIES, 1,215,000.00 913,138.78 1,187,298.00
STRIPPED INTEREST PAYMENT GENERIC TINT
PAYMENT DUE 5-15-97, REGISTERED
</TABLE>
-387-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
UNITED STATES TREASURY SECURITIES 445,000.00 349,408.25 411,438.10
STRIPPED INTEREST PAYMENT GENERIC TINT
PAYMENT DUE 5-15-1998 REG
UNITED STATES TREASURY SECURITIES 1,335,000.00 753,605.74 1,098,771.75
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 5-15-2000 B/E
UNITED STATES TREASURY SECURITY STRIPPED 560,000.00 314,045.72 532,347.20
INTEREST PAYMENT GENERIC TINT PAYMENT
DUE 11-15-97 B/E
UNITED STATES TREASURY SECURITIES 1,091,000.00 577,902.45 871,970.84
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 11-15-2000 B/E
UNITED STATES TREASURY SECURITIES 670,000.00 263,676.41 351,401.60
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 5-15-2007 B/E
UNITED STATES TREASURY SECURITIES 597,000.00 214,406.45 302,631.24
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 11-15-2007 B/E
UNITED STATES TREASURY SECURITIES 1,038,000.00 291,774.01 316,621.14
STRIPPED INTEREST PAYMENT GENERIC TINT
PAYMENT DUE 02-15-2015 REG
UNITED STATES TREASURY SECURITIES 1,300,000.00 270,798.73 403,429.00
STRIPPED INTEREST PAYMENT GENERIC TINT
PAYMENT DUE 11-15-2014 REG
UNITED STATES TREASURY SECURITIES 170,000.00 71,896.40 80,432.10
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 11-15-2008 B/E
UNITED STATES TREASURY SECURITIES 575,000.00 165,227.35 262,711.75
STRIPPED INTEREST, GENERIC TINT PAYMENT
DUE 5-15-2009
UNITED STATES TREASURY SECURITIES 480,000.00 205,447.60 372,432.00
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 5-15-2001 B/E
UNITED STATES TREASURY SECURITIES 400,000.00 201,865.95 217,208.00
STRIPPED INTEREST GENERIC TINT
PAYMENT DUE 11-15-2006 B/E
UNITED STATES TREASURY SECURITIES, 1,780,000.00 715,930.75 1,034,002.00
STRIPPED INTEREST GEMERIC TINT
PAYMENT DUE 11-15-2005 B/E
UNITED STATES TREASURY SECURITIES 680,000.00 387,132.93 593,347.60
STRIPPED INTEREST PAYMENT GENERIC TINT
PAYMENT DUE 5-15-1999, REG
UNITED STATES TREASURY 6.125% NT DUE 9,720,000.00 9,745,059.37 9,808,063.20
08-31-1998
UNITED STATES TREASURY SEC STRIPPED 2,100,000.00 479,565.55 540,393.00
INT PMT GENERIC TINT PAYMENT DUE
8-15-2017 B/E
</TABLE>
-388-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
UNITED STATES TREASURY SECURITIES 1,465,000.00 331,372.04 351,585.35
STRIPPED INTEREST PAYMENT GENERIC TINT
PAYMENT DUE 8-15-2018 REG
US TREAS BILL DUE 09-18-1997 2,020,000.00 1,907,716.62 1,935,933.94
US TREAS BILLS DUE 1-23-1997 REG 10,000.00 9,890.50 9,923.92
US TREAS BILLS DUE 7-24-1997 REG 6,700,000.00 6,329,099.17 6,476,076.69
US TREAS DET CPN EXCL 1,000,000.00 147,670.00 741,150.00
US TREAS NT SER S-1999 7.125 BD DUE 155,000.00 154,772.85 160,764.45
9-30-1999
US TREAS SER AE-1998 5.125% NT DUE 25,000.00 24,043.27 24,769.50
12-31-1998 REG
US TREAS STRIPPED PRIN PMT BD DUE 100,000.00 24,578.20 27,162.00
DUE 11-15-2016 REG
US TREAS 4.75% NT DUE 10-31-1998 REG 110,000.00 99,137.50 108,367.60
US TREAS 6.25% NT DUE 8-31-2000 5,400,000.00 5,354,859.37 5,485,212.00
US TREAS 6.75% NT DUE 4-30-2000 3,800,000.00 3,808,609.38 3,915,786.00
US TREAS 6.875% NT DUE 4-30-97 490,000.00 488,004.70 493,062.50
US TREAS 7.5% NT DUE 12-31-1996 85,000.00 84,946.88 85,146.20
US TREAS 7.75% NT DUE 01-31-2000 2,355,000.00 2,438,896.88 2,490,789.30
US TREASURY NOTE SER F-1998 7.875% NTS 165,000.00 181,173.73 170,105.10
DUE 4-15-1998 REG
US TREASURY SECURITIES STRIPPED TINT DUE 1,300,000.00 297,966.06 390,143.00
5-15-2015 REG
US TREASURY SER B-2002 6.375% NT DUE 460,000.00 477,879.55 471,426.40
8-15-2002
US TREASURY SER E-2000 6.375% NOTE DUE 100,000.00 96,002.45 101,875.00
1-15-2000 REG
US TREASURY SER F-1999 7.00% NT DUE 555,000.00 593,925.83 571,650.00
4-15-1999 REG
US TREASURY SER N-1997 6.375% NOTE 145,000.00 143,966.45 145,861.30
DUE 6-30-97 REG
US TREASURY SER Q-1998 5.25 7-31-1998 30,000.00 27,857.81 29,864.10
REG
US TREASURY SERIES A-2002 7.50% NT DUE 535,000.00 566,086.09 575,959.60
5-15-2002 REG
US TREASURY SERIES A-1999 8.875% NOTE 350,000.00 387,024.87 373,187.50
DUE 2-15-99 REG
US TREASURY SERIES A-2001 7.75% 105,000.00 111,694.91 112,563.15
NOTE DUE 2-15-2001 REG
</TABLE>
-389-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
US TREASURY SERIES B-2001 8.00% 120,000.00 131,071.14 130,237.20
NOTES DUE 5-15-2001 REG
US TREASURY SERIES B-1999 9.125% 590,000.00 650,690.32 636,279.60
NOTE DUE 5-15-1999 REG
US TREASURY SERIES B-2000 8.875% 195,000.00 207,080.16 214,043.70
NOTE DUE 5-15-2000 REG
US TREASURY SERIES C-2000 8.75% 270,000.00 286,821.42 296,492.40
NOTE DUE 8-15-2000 REG
US TREASURY SERIES D-1999 7.875% 1,250,000.00 1,319,782.93 1,322,650.00
NOTE DUE 11-15-1999 REG
US TREASURY SERIES F-2000 5.50% NOTE 115,000.00 104,002.57 114,227.20
DUE 4-15-2000 REG
US TREASURY SERIES U-1997 6.00% NT DUE 40,000.00 39,257.58 40,237.60
12-31-1997
US TREASURY 6.125% NT DUE 09-30-2000 5,780,000.00 5,738,232.82 5,847,741.60
US TREASURY 6.25% NT DUE 05-31-2000 REG 3,410,000.00 3,385,157.20 3,462,752.70
US TREASURY 6.75% NT DUE 5-31-1997 290,000.00 311,110.79 291,948.80
US TREASURY 7.5% NT DUE 02-15-2005 REG 95,000.00 102,617.90 103,950.90
US TREASURY 7.50% BOND DUE 11-15-2016 14,880,000.00 15,669,137.08 16,612,180.80
(CV OVER 1 BILLION SEE #3062620)
US TREASURY 7.875% NT DUE 11-15-2004 REG 2,600,000.00 2,801,364.58 2,902,250.00
US TREASURY 7.875% NOTES DUE 8-15-2001 95,000.00 106,444.33 102,896.40
REG
US TREASURY, SERIES D-2000, 8.50% 245,000.00 255,642.19 268,275.00
NOTE DUE 11-15-2000
US TREASURY, SERIES E-1998, 7.875% 170,000.00 180,554.17 174,355.40
NOTE DUE 1-15-98
US TREASURY, 10.75% BD DUE 8-15-2005 95,000.00 125,408.33 124,761.60
US TREASURY, 11.625% BOND DUE 35,000.00 49,155.81 45,013.15
11-15-2002
US TREASURY, 11.625% BOND DUE 170,000.00 234,872.72 229,472.80
11-15-2004
US TREASURY, 7.25% BD DUE 5-15-2016 REG 2,875,000.00 2,906,956.20 3,130,616.25
US TREAS5.875% NT DUE 04-30-1998 5,130,000.00 5,098,435.78 5,155,650.00
USA TREASURY BONDS COUPONS DUE 1,150,000.00 608,897.67 787,485.50
5-15-2003 STRIPPED FROM 14% USA
TREASURY BONDS DUE 2006-11
USA TREASURY SEC STRIPPED INTEREST 345,000.00 153,599.01 193,620.90
PAYMENT DUE 5-15-2006 GENERIC TINT PMT
</TABLE>
-390-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
USA TREASURY SECURITIES STRIPPED 1,375,000.00 346,623.75 365,970.00
INTEREST PAYMENT GENERIC TINT PAYMENT
DUE 2-15-17 REG
USA TREASURY STRIPPED SECS INT GENERIC 184,000.00 44,881.90 64,501.20
TINT PMT DUE 2-15-13 BEO
TOTAL US GOVERNMENT SECURITIES 226,824,256.10 242,033,881.03
CORPORATE DEBT INSTRUMENTS - PREFERRED
======================================
ASSOCIATES CORP NORTH AMER 6.625% BD DUE 835,000.00 834,649.30 844,360.35
05-15-1998
GENERAL MTRS ACCEP CORP 5.625% NT DUE 25,000.00 24,775.19 24,406.00
02-15-2001 BEO
LEHMAN BROS INC 7.0% SR SUB NTS DUE 310,000.00 309,308.70 311,615.10
05-15-1997 REG
LEHMAN BROTHERS INC 10.00% DEB DUE 370,000.00 380,038.10 400,229.00
5-15-1999 REG
MOTOROLA INC 6.5% BD DUE 09-01-2025 990,000.00 980,743.50 1,007,958.60
WORLD SVGS & LN ASSN OAKLAND CALIF 735,000.00 732,618.60 737,734.20
TRANCHE # TR 00022 7.625% MTN DUE
02-18-1997 REG BEO
TOTAL CORPORATE DEBT INSTR. - PREFERRED 3,262,133.39 3,326,303.25
CORPORATE DEBT INSTRUMENTS - OTHER
==================================
ABB AG BADEN 4% CNV BD 10/7/98 CHF(VAR) 180,000.00 180,397.62 180,373.19
AMR CORP DEL 8.10% BD DUE 11-1-1998 REG 25,000.00 26,683.00 25,913.25
AUBURN HILLS TR 12.00 % BD DUE 330,000.00 289,384.27 510,516.60
05-01-2020 REG
BOISE CASCADE CORP 9.90% BD DUE 415,000.00 458,720.25 456,357.66
3-15-2000 REG
CITICORP MTG SECS INC 1994-11 CL A-9 170,000.00 132,560.90 142,002.70
6.25% REMIC PASSTHRU CTF DUE 8-25-24 REG
CMO UBS MTG TR 6 CLASS 6-E 8.0% BD DUE 455,349.30 469,294.39 461,182.32
07-25-2020 REG
COPELCO CAP FDG CORP II SER 1996-A CL-A 827,583.78 827,066.54 834,452.73
6.34% ASSET BACKED CTF DUE 07-20-2004
BEO
CWMBS INC MTG SER 1993-12 CL A-11 MTG 165,000.00 125,013.28 149,605.50
PASSTHRU 6.625% CTF DUE 02-25-2024 REG
DANIELI & CO 7.25% BDS 1/1/00 ITL(XW) 6,252,000.00 0.00 4,176.06
DLJ ACCEP TR SER 1989-2 CL G FLTG RT BD 1,402,296.40 1,416,757.59 1,430,342.33
DUE 10-17-2020
</TABLE>
-391-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
FUJITSU 1.95%CNV BDS 31/3/03 JPY(9) 32,000,000.00 323,857.18 320,562.39
FUJITSU 2% CNV BDS 31/3/04 JPY(10) 17,000,000.00 171,649.18 170,000.00
FUJITSU 1.9% CNV BDS 29/3/02 JPY(8) 16,000,000.00 160,688.72 161,687.17
GE CAP MTG SVC INC SER 1994-5 CL A4 238,938.51 231,247.67 234,233.81
Z6.5% BD DUE 02-25-2024
GE CAP MTG SVCS INC SER 1993-18 CL 435,000.00 368,592.90 386,062.50
18A-15 6.5 PASS THRU CTF DUE 9-25-23 REG
HITACHI 1.7% CNV BDS 29/3/02 JPY(5) 17,000,000.00 193,114.58 165,817.22
ITT CORP 6.25% NT DUE 11-15-2000 460,000.00 457,677.00 457,778.20
KREDIETBANK VAR% CNV BDS 30/11/03 BEF 30.00 6,757.95 10,037.88
METROMEDIA INTL GROUP INC 9.5% SUB DEB 104,000.00 106,424.18 102,845.60
DUE 08-01-1998
NEWCOURT RECEIVABLE ASSET TR SER 1996-2 206,129.01 206,126.95 208,158.09
6.87% ABS DUE 06-20-2004 BEO
PAINE WEBBER GROUP INC 6.5% NTS DUE 925,000.00 738,066.75 888,971.25
11-01-2005 REG
PRUDENTIAL HOME MTG SECS CO SER 94-15 CL 245,097.16 244,149.33 252,219.68
A-1 MTG PASSTHRU 8.0% CTF DUE 05-25-2024
REG
PRUDENTIAL HOME MTG SECS CO SER 1994-15 322,319.50 316,427.09 320,807.82
CL A-2 6.0% MTG PASSTHRU CTF DUE
05-25-2024 BEO
PVTPL ASSET SECURITIZATION CORP SER 173,433.35 175,967.10 182,868.12
1996-D3 CL A1A 7.01% ABS CTF DUE
10-13-2026 BEO
RJR NABISCO INC. GTD SR 8.30% NT DUE 19,000.00 19,832.36 19,436.81
4-15-1999 REG
SALOMON BROS MTG SECS VII INC SER 94-9 66,854.35 65,736.63 66,781.48
CL A-1 MTG PASSTHRU 7.0% CTF DUE
07-25-2024 REG
SALOMON INC TRANCHE #SR 00070 6.625% MTN 450,000.00 449,910.00 452,524.50
DUE 11-30-2000 BEO
SALOMON INC 8.36% MTN DUE 02-28-1997 360,000.00 360,000.00 362,001.60
TIME WARNER INC 7.45% BD DUE 2-1-98 REG 25,000.00 25,954.19 25,383.00
TOTAL CORPORATE DEBT INSTR. - OTHER 8,548,057.60 8,983,099.46
CORPORATE STOCKS - PREFERRED
============================
(D)SAMSUNG ELEC NEW GDR(REP PREF) 780.00 0.00 14,188.20
AMERICAN WATER WORKS CO., INC., 5.00% 100.00 1,980.00 1,850.00
CUMULATIVE PREFERENCE STOCK, $25 PAR
AMERICAN WTR WKS INC 5.% PFD 100.00 1,905.00 1,900.00
ATLANTIC RICHFIELD CO CONV PFD STK 43,400.00 1,074,992.72 976,500.00
EXCHANGEABLE FOR LYONDELL PETRO CO COM
CEMIG CIA ENERG MG SPN ADR REP 1000 PF(L 1,295.00 38,909.70 39,821.25
CHASE MANHATTAN NEW PFD STOCK 10.5% 300.00 0.00 8,812.50
</TABLE>
-392-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
ELETROBRAS CENT EL ADR REPR 50 PRF'B'SHS 22,000.00 310,973.81 357,500.00
FIELMANN AG NON VTG PRF DEM5 392.00 13,338.96 14,026.41
FRESENIUS NATL MED CARE INC CL D SPL 3,900.00 484.30 507.00
DIVID PFD STK
GRAND MET DEL L P GTD PFD STOCK 100.00 2,830.00 2,825.00
HENKEL KGAA NON VTG PRF DEM5 8,100.00 344,394.77 403,656.24
HORNBACH HLDG AG NON VTG PRF DEM5 700.00 72,357.69 46,223.41
KMART FINANCING CONV PREFERRED STOCK 3,300.00 165,000.00 166,237.50
KRONES AG NON VTG PRF DEM50(VAR) 115.00 77,651.66 36,659.94
LOJAS AMERICANAS S ADR 1 REPR 1000 PREF 3,160.00 73,170.75 41,870.00
MESA INC SER A 8% CONV PFD STK 17,082.00 29,636.00 102,492.00
RAO GAZPROM ADS-ECH REP 10 RUR10(REG S) 590.00 9,292.50 10,575.75
RJR NABISCO HLDGS CORP DEPOSITARY SH 234,300.00 1,533,378.70 1,493,662.50
REPSTG 1/10 PFD C PERCS % CONV PFD STOCK
RWE AG NON VTG PRF DEM5 11,000.00 232,592.22 404,332.83
SAP AG NON VTG PREF DEM5 303.00 44,400.10 41,672.11
SYDNEY HARBOUR CAS PREFERRED AUD1 25,000.00 26,615.94 37,668.39
TCI PAC COMMUNICATIONS INC SR PFD CL A 166.00 0.00 14,587.25
STK
TELEBRAS SPON ADR REPR 1000 PRF(144A 948.00 53,312.68 70,389.00
TELEBRAS TELEC BRA SPON ADR REPR 1000 PR 16,671.00 769,142.61 1,262,828.25
TIMES MIRROR CO NEW PFD SER B 5,000.00 107,685.98 136,250.00
TRANSCANADA CAP PREFERRED STOCK 200.00 5,390.98 5,300.00
UAL CORP DEPOSITARY SH REPSTG 1/100 PFD 1,400.00 47,804.72 48,125.00
SER B
USININAS-USI SD MG ADS-REP 10000 PREF RE 7,155.00 95,018.40 73,338.75
USX MARATHON GROUP 6.50% CONV PFD 285.00 12,575.31 12,611.25
TOTAL CORPORATE STOCKS - PREFERRED 5,144,835.50 5,826,410.53
CORPORATE STOCKS - COMMON
=========================
##REORG/REPUBLIC ENVIRONMENTAL SYS INC 9,200.00 64,666.80 82,800.00
COM NAME CHANGE TO INTERNATIONAL SVCS
INC SEE SEC 2422276
#CAL FED BANCORP INC EXCHANGED FOR 51,700.00 871,422.13 1,253,725.00
CALIFORNIA FEDERAL BANK AT A RATE OF
0.10000% EFF 1-2-97 SEE SEC 2-098193
</TABLE>
-393-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
#REORG ULTRAMAR CORP COM STK EXCH FOR 140.00 4,382.00 4,445.00
ULTRAMAR-DIAMOND SHAMROCK CORP COM STK
AT A RT OF 1 FOR 1 SEE 2-878912
#REORG/AMERICA WEST AIRLINES NEW CL B 1,500.00 31,920.18 21,937.50
EXCH FOR AMERICA WEST HOLDING CORP CL B
NEW AT A RT OF 1 FOR 1 EFF 12-31-96 SEE
#REORG/BALLY ENTMT MERGER HILTON HOTEL 3,160.00 39,801.83 92,035.00
STOCK MERGER RATE 1 FOR 1 EFF 12-18-96
SEE 2-385309
#REORG/BEARING INC COM STK NEW EXCH FOR 1,900.00 55,820.78 52,487.50
APPLIED INDUSTRIAL TECH AT A RT OF 1 FOR
1 EFF 12-31-96 SEE SEC 2-023375
#REORG/CHINA RES DEV INC EXCH FOR CHINA 2,000.00 1,469.00 812.00
RES DEV INC AT RT OF 0.100% EFF 1-16-97
SEE SEC 2-156477
#REORG/COMMUNITY PSYCHIATRIC CENTERS 50,100.00 469,661.28 450,900.00
NAME CHANGE TO TRANSITIONAL HOSPITALS
CORP EFF 11-14-96 SEE 2-866635
#REORG/DURACELL INTL INC COM MERGER WITH 200.00 8,719.79 13,325.00
GILLETTE EXCH RT .904 EFF 12-31-96 SEE
SEC 2-348810
#REORG/MFS COMMUNICATIONS COM MERGED TO 7,600.00 379,367.60 366,700.00
WORLDCOM EXCH RT 2.10 EFF 12-31-96 SEE
SEC 2-945928
#REORG/ORNDA HEALTHCORP COM MERGER 33,800.00 606,597.80 984,425.00
TENET HEALTHCARE CORP EXCH RT 1.35 EFF
1-30-97 SEE SEC 2-856616
#REORG/PAC GAS & ELEC MERGER PG & E EXCH 56,946.02 1,399,767.59 1,373,822.73
RT 1 FOR 1 EFF 1-2-97 SEE SEC 2-693692
#REORG/ROCKWELL INTL CORP COM MERGER 9,900.00 310,017.98 636,075.00
BOEING CORP EXCH RT .042 EFF 12-6-96 SEE
2-072786
AAMES FINL CORP COMMON STOCK 26,100.00 754,084.91 1,119,037.50
AASCHE TRANS SVCS INC COMMON STOCK 400.00 1,762.46 1,452.00
ABACUS MINERALS CORP COMMON STOCK 5,000.00 5,800.00 3,200.00
ABB AB SER'A'SEK50 12,780.00 775,122.70 1,479,338.55
ABB AG CHF100(BR) 537.00 401,038.33 672,538.59
ABBEY NATIONAL ORD GBP0.10 69,430.00 570,141.61 812,561.88
ABBOTT LABORATORIES, COMMON STOCK, 35,501.56 987,705.37 1,979,211.97
NO PAR
ABERCROMBIE & FITCH CO CL A COMMON STOCK 32,840.00 660,224.06 603,435.00
ABN-AMRO HLDGS NV NLG5 9,694.00 354,019.66 627,885.42
</TABLE>
-394-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
ABR INFORMATION SVCS INC COMMON STOCK 6,100.00 343,249.26 262,300.00
ABT BLDG PRODS CORP COMMON STOCK 2,200.00 47,894.00 52,800.00
ACC CORP COMMON STOCK $0.015 PAR 12,045.00 447,672.50 359,844.38
ACCOR FF100 540.00 67,142.21 69,275.84
ACCUSTAFF INC COMMON STOCK 54,522.00 1,130,170.71 1,104,070.50
ACNIELSEN CORP COM STK 67.00 14.39 1,164.13
ACX TECHNOLOGIES INC COMMON STOCK 11,800.00 212,432.70 215,350.00
ADAC LABS COMMON STOCK NEW 804.93 15,137.88 17,708.46
ADAMS RESOURCE & ENERGY NEW 500.00 3,822.68 4,940.00
COMMON STOCK
ADAPTEC INC., COMMON STOCK 47,140.00 1,089,927.73 1,755,965.00
ADECC0 CHF10(BR) 621.00 55,249.92 160,221.15
ADOBE SYSTEMS INC., COMMON STOCK 100.42 3,588.57 3,966.59
ADR AKZO NOBEL NV SPONORED 225.00 12,446.80 14,934.38
ADR BANCO DE SANTANDER 345.00 16,483.00 18,802.50
ADR BANCO FRANCES DEL RIO DE LA PLATA S 500.00 11,603.59 15,062.50
A SPONSORED
ADR BANCO WIESE SPONSORED 700.00 5,196.46 4,025.00
ADR BRITISH TELECOMMUNICATIONS PLC, 24,900.00 1,390,174.94 1,584,262.50
FINAL INSTALLMENT
ADR BUENOS AIRES EMBOTELLADORA S A 2,000.00 26,867.53 10,000.00
ADR C P POKPHAND LTD 5,710.00 59,339.08 49,848.30
ADR CABLE & WIRELESS PUB LTD CO 930.00 19,224.33 22,436.25
SPONSORED
ADR CHILECTRA SA SPONSORED 815.00 27,302.50 44,421.57
ADR CIFRA SA DE CV 1,000.00 1,390.00 1,373.00
ADR CONSORCIO G GRUPO DINA 200.00 576.55 500.00
ADR ELAN PLC 34,510.00 563,639.90 1,026,672.50
ADR ELF AQUITAINE SPONSORED 23,300.00 962,399.88 1,022,287.50
ADR EMPRESA NACIONAL DE ELECTRICIDAD 100.00 5,567.50 6,662.50
S.A. SPONSORED
ADR EMPRESAS TELEX CHILE S A SPONSORED 2,000.00 16,812.67 11,260.00
ADR ERICSSON L.M. TELEPHONE CO., CLASS B 66,580.00 1,044,194.84 2,055,657.50
SER 10 NEW
ADR ESPIRITO SANTO FINL HLDG SPONSORED 300.00 3,370.00 3,937.50
</TABLE>
-395-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
ADR FLETCHER CHALLENGE PAPER DIV 200.00 3,123.67 3,575.00
SPONSORED
ADR FLETCHER CHALLENGE LIMITED FOREST 100.00 1,245.36 1,600.00
ADR GLAXO WELLCOME PLC SPONSORED 650.00 17,227.87 21,368.75
ADR GRUPO INDUSTRIAL MASECA S.A DE C.V. 1,000.00 14,487.39 18,500.00
NEW
ADR HANSON PLC NEW $25 PAR 800.00 12,111.62 5,400.00
ADR HONG KONG TELECOMMUNICATIONS LTD 305.00 5,797.32 5,337.50
SPONSORED
ADR IMPERIAL TOB GROUP PLC SPONSORED 200.00 0.00 2,512.40
ADR ING GROEP N V SPNSORED 500.00 16,318.54 17,511.50
ADR LUCASVARITY PLC SPONSORED 39,744.00 1,393,233.96 1,684,152.00
ADR MINAS BUENAVENTURA SPON 300.00 5,784.26 4,912.50
ADR MINORCO SPONS 1,000.00 21,772.58 21,000.00
ADR NESTLE SA SPONSORED REPSTG REG SH 150.00 8,576.25 8,137.50
ADR NOKIA CORP SPONSORED FINLAND 21,250.00 775,655.79 1,192,656.25
ADR NORSK HYDRO A.S. 100.00 4,449.50 5,025.00
SPONSORED FOR COMMON STOCK
ADR OIL CO LUKOIL 500.00 18,499.63 21,159.50
ADR PETROLEUM SECS AUSTRALIA 40,900.00 783,400.00 945,812.50
ADR PHILIPS ELECTRONICS N.V. 4,300.00 166,050.32 174,150.00
ADR POHANG IRON & STL LTD SPON ADR REPR 200.00 4,074.16 4,025.00
1/4 ORD
ADR PORTUGAL TELECOM 19,400.00 443,639.20 514,100.00
ADR REPSOL SA 18,500.00 583,871.92 677,562.50
SPONSORED
ADR REUTERS HOLDINGS PLC 10,900.00 800,150.60 791,612.50
ADR RHONE POULENC S A SPONSORED REPSTG 1,261.00 29,856.69 40,824.88
1/4 SH SER A
ADR RTZ CORP PLC SPONSORED AMERICAN 100.00 5,549.50 6,762.50
DEPOSITARY RECEIPT
ADR SMITHKLINE BEECHAM P L C REPSTG ORD 13,500.00 406,849.50 929,812.50
A
ADR SONY CORP ., AMERICAN DEPOSITARY 13,000.00 814,780.80 840,125.00
RECEIPT FOR DOLLAR-VALIDATED COMMON
STOCK, BACKED BY ONE SHARE COMMON STOCK
ADR TELE DANMARK A/S SPONSORED ADR 700.00 18,116.65 17,500.00
REPSTG CL B SHS
</TABLE>
-396-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
ADR TELECOM ARGENTIAN STET FRANCE 65.00 2,975.81 2,559.38
TELECOM S A
ADR TELEFONICA DE ARGENTINA 10 CL B SHRS 800.00 21,865.07 20,400.00
ADR TELEFONOS DE MEX SA 28,278.00 1,537,931.49 858,944.26
CV SER L REPSTG SH ORD L
ADR TEVA PHARMACEUTICAL INDS LTD., 8,600.00 231,984.75 397,750.00
ADR TUBOS DE ACERO DE MEXICO S.A. NEW 1,000.00 11,740.53 13,750.00
ADR UNILEVER N V 9,200.00 983,831.62 1,592,750.00
N.Y. SHARES 4 GUILDERS PAR
ADR WASTE MGMT INTL PLC SPONSORED 200.00 1,860.60 1,800.00
ADR YPF SOCIEDAD ANONIMA SPONSORED 1,500.00 28,501.24 34,875.00
REPSTG CL D SHS
ADVANCE TISSUE SCIENCE, INC., COMMON 1,200.00 13,799.61 14,400.00
STOCK
ADVANCED DIGITAL INFORMATION CORP COM 50,000.00 550,000.00 581,250.00
STK
ADVANCED FIBRE COMMUNICATIONS INC COMMON 13,600.00 491,215.11 664,700.00
STOCK
ADVANCED INFO SERV THB10(ALIEN MKT) 2,600.00 33,668.25 30,132.53
ADVANCED MICRO DEVICES, INC., COMMON 45,550.00 836,547.94 1,104,587.50
STOCK, $.01 PAR
ADVANCED TECHNOLOGY LABS INC COMMON 100.00 2,924.50 2,850.00
STOCK (WASH)
ADVANTEST JPY50 11,600.00 560,106.15 495,395.43
AEGON NV NLG1 25,000.00 770,623.83 1,407,613.58
AETNA INC COM STK 23,199.00 1,412,274.29 1,673,227.88
AFFILIATED COMPUTER SVCS INC CL A COMMON 2,800.00 50,953.00 81,200.00
STOCK
AFFIN HLDGS BHD MYR1 177,000.00 325,619.57 518,219.59
AFFINITY TECHNOLOGY GROUP INC COMMON 100.00 780.04 781.20
STOCK
AFLAC INC COMMON STOCK 201.28 6,578.21 8,403.44
AFP PROVIDA SPON ADR REPR 1 COM NPV 367.00 9,800.74 7,248.25
AGA AB SER'B'SEK5 47,000.00 592,449.89 717,690.88
AGCO CORP COMMON STOCK 30,100.00 733,950.14 839,037.50
AGNICO-EAGLE MINES LTD., CAPITAL STOCK, 1,000.00 17,496.57 13,750.00
NO PAR
</TABLE>
-397-
Northern Trust Company
======================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
AGOURON PHARMACEUTICALS INC COMMON 15,600.00 484,477.00 856,050.00
STOCK
AGUAS DE BARCELONA ESP500 576.00 19,782.21 22,684.17
AGUAS DE BARCELONA NEW ESP500 (S/R 18/12 576.00 0.00 284.66
AHMANSON, H. F. & CO., COMMON STOCK, 4,800.00 95,654.17 158,400.00
NO PAR
AHOLD (KON) NV NLG1.25 2,347.00 78,584.94 146,844.86
AIR EXPRESS INTERNATIONAL CORP., COMMON 3,300.00 74,283.00 107,867.10
STOCK, $.01 PAR
AIR NEW ZEALAND 'B'NZD1(NON NZ RESIDENTS 86,545.00 242,060.27 227,913.72
AIR PRODUCTS AND CHEMICALS, INC., 5,000.00 200,166.53 347,500.00
COMMON STOCK, $1 PAR
AIRGAS INC 300.00 8,155.57 7,725.00
COMMON STOCK
AIRTOUCH COMMUNICATIONS INC COMMON STOCK 158,000.00 4,310,044.77 4,048,750.00
AK STL HLDG CORP COM STK PAR $0.01 21,000.00 809,122.62 800,625.00
AKZO NOBEL NLG20 445.00 40,883.63 59,064.97
AKZO NOBEL NV SPONS ADR(CNV 1/2 NLG20) 3,000.00 168,000.00 199,125.00
ALADDIN KNOWLEDGE SYSTEMS COMMON STOCK 500.00 4,852.75 4,500.00
ALANCO ENVIRON RES CORP COM STK 1,000.00 3,215.00 1,469.00
ALASKA AIR GROUP INC., COMMON STOCK 1,440.00 38,716.59 34,740.00
ALBANK FINL CORP COMMON STOCK 4,080.00 77,418.00 133,620.00
ALBERMARLE CORP COMMON STOCK 21,100.00 372,830.22 382,437.50
ALBERTO-CULVER CO., CLASS B COMMON STOCK 20,000.00 731,162.33 950,000.00
NO PAR
ALBERTSON'S, INC., COMMON STOCK, $1 PAR 12,800.00 298,641.07 446,400.00
ALCAN ALUM LTD (NEW) COMMON STOCK 10,250.00 237,247.64 361,312.50
ALCAN ALUMIN COM STK (CAN QUOTE) 2,790.00 67,632.99 99,372.98
ALCATEL ALST(CGE) FRF40 890.00 79,126.18 80,912.19
ALCATEL ALST(CGE) SPON ADR-REP 1/5 FRF40 21,762.00 528,779.90 402,597.00
ALCO STANDARD CORP NAME CHANGED TO 5,878.00 171,426.94 304,186.50
IKON OFFICE SOLUTIONS INC EFF 1-27-97
SEE 2-409292
ALEX BROWN INC., COMMON STOCK 8,700.00 429,586.73 523,087.50
ALEXANDER & ALEXANDER SERVICES INC., 2,000.00 48,057.33 29,000.00
COMMON STOCK, $1 PAR
</TABLE>
-398-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
ALLEANZA ASSICURAZ DI RISP ITL500(NON CN 88,000.00 562,817.46 474,876.56
ALLEGHENY TELEDYNE INC COM STK 7,812.00 122,193.01 182,605.50
ALLEGIANCE CORP COMMON STOCK 40.00 0.00 905.00
ALLERGAN INC COM STOCK 2,900.00 78,463.35 93,162.50
ALLIANCE IMAGING INC COM 77,000.00 233,867.50 399,399.00
ALLIANCE SIMCONDUCTOR CORP COMMON STOCK 5,200.00 57,480.70 41,600.00
ALLIANZ AG HLDG DEM50(REGD)(VINKULIERT) 63.00 87,406.13 114,966.50
ALLIED SIGNAL INC., COMMON STOCK 34,300.00 1,574,694.92 2,512,475.00
ALLMERICA FINL CORP COMMON STOCK 12,000.00 400,058.17 397,500.00
ALLSTATE CORP COMMON STOCK 20,064.00 547,663.90 1,208,856.00
ALLTEL CORP., COMMON STOCK 8,600.00 260,169.48 274,125.00
ALPS ELECTRIC CO JPY50 7,000.00 82,570.44 85,500.88
ALTANA DEM50 35.00 17,696.44 29,350.73
ALTERA CORP COMMON STOCK 221.00 12,559.68 16,685.50
ALTERNATIVE LIVING SVCS INC COMMON STOCK 67,700.00 880,100.00 761,625.00
ALTERNATIVE RES CORP COMMON STOCK 3,900.00 112,203.00 67,275.00
ALUMAX INCORPORATED COMMON STOCK 55,500.00 1,914,936.45 1,796,812.50
ALUMINUM CO. OF AMERICA, COMMON STOCK, 28,950.00 1,004,368.26 1,841,943.75
$1 PAR
ALZA CORP COMMON STOCK 3,800.00 114,860.28 107,350.00
AMADA CO Y50 11,000.00 116,856.65 92,021.09
AMAX GOLD INC COMMON STOCK 500.00 3,701.01 3,000.00
AMBAC INC COMMON STOCK 27,500.00 1,254,420.05 1,883,750.00
AMCOR LTD AUD1 40,400.00 278,952.41 249,082.12
AMDAHL CORP., COMMON STOCK, 65,800.00 606,059.21 781,375.00
$.05 PAR
AMDL, INC. COMMON STOCK $0.001 PAR 10,000.00 10,450.00 4,800.00
AMERADA HESS CORP., COMMON STOCK, $1 PAR 41,600.00 1,910,945.27 2,449,200.00
AMERICA ON-LINE COMMON STOCK 20.00 1,005.99 707.50
AMERICAN BANKERS INSURANCE GROUP INC., 6,400.00 205,090.45 311,795.20
COMMON STOCK
AMERICAN BRANDS, INC., COMMON STOCK, 7,700.00 286,118.53 367,675.00
$3.125 PAR
</TABLE>
-399-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
AMERICAN BUSINESS PRODS INC GA COMMON 4,733.91 92,835.09 105,329.50
STOCK
AMERICAN ELECTRIC POWER CO., INC., 8,500.00 279,288.85 352,750.00
COMMON STOCK, $6.50 PAR
AMERICAN EXPRESS CO., COMMON STOCK, $.60 60,500.00 1,352,624.38 3,161,125.00
PAR
AMERICAN FINL GROUP INC COM 7,800.00 253,929.00 280,800.00
AMERICAN GENERAL CORP., COMMON STOCK 42,000.00 1,442,487.29 1,727,250.00
$1.50 PAR
AMERICAN GREETINGS CORP., CLASS A, 3,400.00 77,903.97 96,050.00
COMMON STOCK, $1 PAR
AMERICAN HOME PRODUCTS CORP., 43,800.00 1,959,095.56 2,814,150.00
COMMON STOCK, $.33 1/3 PAR
AMERICAN INTERNATIONAL GROUP, INC. 37,518.28 2,144,107.04 4,314,602.20
COMMON STOCK, $2.50 PAR
AMERICAN MANAGEMENT SYSTEMS, INC., 7,500.00 86,300.00 266,715.00
COMMON STOCK, $.01 PAR
AMERICAN MED RESPONSE INC COMMON STOCK 8,600.00 236,297.80 258,000.00
AMERICAN ONCOLOGY RESOURCES 18,800.00 409,330.00 183,300.00
COMMON STOCK
AMERICAN PAD & PAPER CO COMMON STOCK 34,490.00 676,299.00 681,177.50
AMERICAN POWER CONVERSION CORP COMMON 80,600.00 1,343,462.45 1,909,172.20
STOCK
AMERICAN RADIO SYS CORP CL A COMMON 100.00 2,955.00 2,750.00
STOCK
AMERICAN STORES CO., COMMON STOCK, $1 6,600.00 142,806.77 263,175.00
PAR
AMERICAN WATER WORKS CO., INC., COMMON 100.89 2,110.00 1,992.58
STOCK, $2.50 PAR
AMERITECH CORP COMMON STOCK 24,800.00 899,299.89 1,460,100.00
AMGEN INC COMMON STOCK 50,100.00 2,456,305.40 3,049,837.50
AMMONIA HOLD INC COMMON STOCK 200.00 1,504.65 1,475.00
AMOCO CORP., COMMON STOCK 38,500.00 2,056,308.57 2,988,562.50
AMP INC., COMMON STOCK, NO PAR 10,236.00 308,993.48 391,527.00
AMPEX CORP 2,000.00 12,653.70 20,500.00
AMR CORP., COMMON STOCK, 22,028.00 1,849,518.03 2,010,055.00
$1 PAR
AMRESCO INC COMMON STOCK 88,570.00 1,888,094.97 1,904,255.00
</TABLE>
-400-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
AMSOUTH BANCORPORATION, COMMON STOCK, 16,800.00 750,498.34 837,900.00
$1 PAR
AMX CORP COM STK 300.00 2,577.83 1,800.00
AMYLIN PHARMACEUTICALS INC COMMON STK 1,440.00 16,637.30 17,280.00
ANALOGIC CORP., COMMON STOCK, $.05 PAR 300.00 8,429.31 8,325.00
ANALYSTS INTERNATIONAL CORP., COMMON 200.00 4,430.00 5,400.00
STOCK, $.10 PAR
ANCHOR GAMING COM STK 200.00 6,497.76 8,350.00
ANCOR COMMUNICATIONS INC COMMON STOCK 200.00 3,093.37 3,000.00
ANDREW CORP., COMMON STOCK, $1 PAR 2,700.00 46,860.13 156,262.50
ANERGEN INC COMMON STOCK 1,500.00 8,844.26 5,062.50
ANHEUSER-BUSCH COMPANIES INCORPORATED 22,400.00 550,506.43 949,200.00
COMMON STOCK $1.00 PAR VALUE
AON CORP COMMON STOCK 4,900.00 267,346.03 298,287.50
APAC TELESERVICES INC COMMON STOCK 15,650.00 193,267.40 739,462.50
APACHE CORP., COMMON STOCK, $1.25 PAR 18,600.40 552,190.88 676,589.55
APOLLO GROUP INC CL A COMMON STOCK 24,300.00 340,585.87 628,762.50
APPLE COMPUTER, INC., COMMON STOCK 9,439.00 328,596.03 227,715.88
APPLE SOUTH INC COMMON STOCK 500.00 6,462.91 7,375.00
APPLIED ANALYTICAL INDS INC COMMON STOCK 22,160.00 486,735.80 470,900.00
APPLIED MAGNETICS CORP., COMMON STOCK, 14,100.00 362,551.53 385,987.50
$.10 PAR
APPLIED MATERIALS, INC., COMMON STOCK, 10,280.00 328,735.95 391,925.00
$.01 PAR
APPLIX INC COMMON STOCK 5,100.00 70,551.41 100,725.00
APTARGROUP INC COMMON STOCK $0.01 PAR 2,900.00 102,245.50 100,050.00
ARAKIS ENERGY CORP COM 1,200.00 6,223.31 7,124.40
ARCHER-DANIELS-MIDLAND CO., COMMON STOCK 76,727.00 1,175,371.94 1,687,994.00
NO PAR
ARCO CHEMICAL CO., COMMON STOCK 100.00 5,255.00 5,000.00
$1 PAR
ARGENTARIA CORP BC ESP500 1,355.00 57,987.89 52,839.77
ARGENTARIA CORP BC SPON ADR REP 1/2 COM 25,000.00 518,858.17 493,750.00
ARGOS ORD GBP0.10 5/7 14,044.00 82,897.61 182,768.10
ARMCO INC., COMMON STOCK, 4,800.00 33,404.43 21,600.00
$5 PAR
</TABLE>
-401-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
ARMSTRONG WORLD INDUSTRIES, INC., 1,600.00 63,575.08 120,400.00
COMMON STOCK, $1 PAR
ASA LTD., COMMON STOCK 100.00 4,762.00 3,762.50
ASARCO INC., COMMON STOCK, NO PAR 2,000.00 52,007.99 54,500.00
ASCEND COMMUNICATIONS INC COMMON STOCK 42,700.00 2,294,467.10 3,037,037.50
ASDA GROUP ORD 25P 65,140.00 56,086.68 129,704.27
ASHANTI GOLDFIELDS-GDR 200.00 3,596.34 2,875.00
ASHLAND INC COM 2,900.00 97,028.45 139,200.00
ASM LITHOGRAPHY HL NLG0.50(NEW YORK REGI 11,000.00 462,487.58 473,000.00
ASPEN TECHNOLOGY INC COMMON STOCK 18,505.00 445,172.47 1,542,854.38
ASS GEN FRANCE-AGF FRF30(BR) 1,433.00 44,326.36 46,919.73
ASSICUR GENERALI ITL2000 1,975.00 40,915.56 39,762.83
ASTEA INTL INC COM STK 147.00 1,319.43 826.88
ASTORIA FINL CORP COMMON STOCK 33,990.00 979,677.54 1,283,122.50
ASTRA AB SER'A'SEK2.50 47,000.00 1,169,977.75 2,254,599.63
ASTRA AB SER'B'SEK2.50 6,910.00 151,279.00 324,782.87
ASYST TECHNOLOGIES INC COM STK 352.00 11,935.20 6,908.00
AT & T CORP COM STK 74,537.11 2,538,474.74 2,925,581.57
ATC COMMUNICATIONS GROUP INC COMMON 3,360.00 61,174.22 51,660.00
STOCK
ATLANTIC RICHFIELD CO., COMMON STOCK 11,700.00 1,243,141.66 1,627,762.50
$2.50 PAR
ATLAS AIR INC COMMON STOCK 1,100.00 37,510.15 51,150.00
ATLAS COPCO AB SER'A'SEK5 26,000.00 203,719.20 596,499.07
ATLAS COPCO AB SER'B'SEK5 3,900.00 46,338.22 90,055.87
ATMEL CORP COMMON STOCK 400.00 10,862.55 13,150.00
ATRIX LABS INC COMMON STOCK 5,330.00 40,804.51 53,300.00
AURA SYSTEMS INC COMMON STOCK @ $0.0005 10,000.00 50,352.50 25,000.00
AURUM SOFTWARE INC COMMON STOCK 12,400.00 308,537.83 438,650.00
AUSPEX SYS INC COMMON STOCK 50.00 1,199.43 587.50
AUST & NZ BANK GRP AUD1 6,000.00 35,081.55 39,435.75
AUST GAS LIGHT CO AUD1 14,258.00 46,731.28 79,545.29
AUTODESK INC., COMMON STOCK 2,100.00 55,388.41 58,800.00
</TABLE>
-402-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
AUTOIMMUNE INC COMMON STOCK 500.00 5,151.91 6,562.50
AUTOMATIC DATA PROCESSING, INC., 13,100.00 307,437.87 561,662.50
COMMON STOCK, $.10 PAR
AUTOZONE INC COMMON STOCK 200.00 6,211.50 4,925.00
AVERY DENNISON CORP COMMON STOCK 2,400.00 77,061.41 169,500.00
AVON PRODUCTS, INC., COMMON STOCK, 24,300.00 957,078.78 1,354,725.00
$0.50 PAR
AVX CORP COMMON STOCK 6,600.00 149,457.00 147,675.00
AXA UAP FRF60 300.00 15,861.99 18,031.25
AZCO MNG INC DEL COMMON STOCK 2,000.00 1,977.60 3,250.00
AZTAR CORP COMMON STOCK 42,100.00 399,950.00 305,225.00
B A T INTL INC COM STK 5,000.00 2,151.24 1,500.00
BAKER HUGHES INC., COMMON STOCK 6,600.00 142,887.23 241,725.00
BALDOR ELECTRIC CO., COMMON STOCK, 5,300.00 106,482.50 123,887.50
$.10 PAR
BALL CORP., COMMON STOCK, $2.50 PAR 1,400.00 41,395.07 34,300.00
BALLY'S TOTAL FITNESS HLDG CORP 340.00 681.34 1,891.08
BALOISE-HLDGS CHF100(REGD) 325.00 698,942.25 726,215.16
BALTIMORE GAS AND ELECTRIC CO., 6,650.00 153,073.58 185,368.75
COMMON STOCK, NO PAR
BANC ONE CORP COMMON STOCK NO PAR 19,666.00 580,135.79 936,593.25
BANCORP. HAWAII INC. COMMON STOCK, $2 5,700.00 222,714.00 248,662.50
PAR
BANGKOK BANK THB10(ALIEN MKT) 5,000.00 51,281.02 57,164.11
BANK OF BOSTON CORP., COMMON STOCK 24,900.00 1,094,313.40 1,739,887.50
BANK OF NEW YORK CO., INC., COMMON 17,400.00 320,268.31 624,225.00
STOCK, $7.50 PAR
BANK OF SCOTLAND STK 25P 195,800.00 718,537.48 963,980.98
BANK UNITED CORP CL A COMMON STOCK 31,190.00 673,547.50 834,332.50
BANKAMERICA CORP., COMMON STOCK, $1.5625 51,844.00 2,976,364.72 5,339,932.00
PAR
BANKERS CORP COMMON STOCK 3,600.00 47,736.00 69,300.00
BANKERS TRUST NEW YORK CORP., 3,700.00 213,443.67 321,900.00
COMMON STOCK, $10 PAR
BANPONCE CORP NEW COMMON STOCK 3,000.00 80,655.00 97,500.00
BANTA CORP. COMMON STOCK $.10 PAR 7,650.00 151,990.00 181,687.50
</TABLE>
-403-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
BARD, C. R., INC., CAPITAL STOCK, 2,600.00 65,932.65 72,800.00
$.25 PAR
BARNETT BKS INC COMMON STOCK $2 PAR 36,900.00 823,249.44 1,623,600.00
BARRETT BUSINESS SVCS INC COMMON STOCK 300.00 5,105.25 4,368.60
BARRICK GOLD CORP 18,998.00 550,741.03 569,940.00
BATTLE MOUNTAIN GOLD COMPANY 10,400.00 88,706.53 75,400.00
COMMON STOCK, $.10 PAR
BAUSCH & LOMB, INC., COMMON STOCK, 22,600.00 775,469.48 839,025.00
$1 PAR
BAXTER INTL INC COMMON STOCK 12,500.00 373,360.64 531,250.00
BAY APT CMNTYS INC COMMON STOCK 154.00 4,974.20 5,005.00
BAY NETWORKS INC COM 12,600.00 507,734.65 337,050.00
BAYER AG DEM5 19,102.00 448,520.74 769,125.49
BAYER MOTOREN WERK DEM50(VAR) 650.00 375,376.07 421,605.62
BCA FIDEURAM SPA ITL500 30,130.00 35,507.22 73,787.59
BCE INC COMMON STOCK 59,800.00 1,954,264.20 2,997,475.00
BCO DE GALICIA BUE SPON ADR(REP 4 ORD SH 2,178.00 42,493.94 48,188.25
BCO FRANCES RIO PL SPN ADR-REP 3 ORD SHS 1,472.00 35,534.56 44,528.00
BCO POPULAR ESP ESP500(REGD) 590.00 76,005.35 114,355.21
BCO SANTANDER SA ESP750(REGD) 16,096.00 811,370.06 872,539.92
BECTON, DICKINSON AND CO., COMMON STOCK, 5,600.00 115,988.46 235,200.00
$1 PAR
BELDEN INC COM STK 12,900.00 366,560.18 440,212.50
BELL ATLANTIC CORP., COMMON STOCK, 19,903.52 973,772.17 1,251,433.82
BELL INDUSTRIES, COMMON STOCK, NO PAR 2,500.00 54,900.00 50,625.00
BELL SPORTS CORP COMMON STOCK 250.00 2,025.87 1,593.75
BELLSOUTH CORP., COMMON STOCK 44,800.00 1,226,899.58 1,808,800.00
BEMA GOLD CORP., COMMON STOCK 7,000.00 41,076.79 35,875.00
BEMIS CO., INC., COMMON STOCK, $10 PAR 2,400.00 53,076.58 85,500.00
BENEFICIAL CORP., COMMON STOCK, $1 PAR 2,400.00 86,230.16 149,100.00
BENTON OIL & GAS CO COMMON STOCK 10,900.00 175,762.50 277,950.00
$.01 PAR
BERGEN BRUNSWIG CORP., CLASS A COMMON 13,600.00 365,436.29 370,600.00
STOCK $1.50 PAR
BERGESEN DY ASA 'A'NOK2.50 1,240.00 26,051.21 28,413.32
</TABLE>
-404-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
BERJAYA SPORTS MYR1 28,000.00 39,976.33 132,937.69
BERKSHIRE HATHAWAY INC CL B COMMON STOCK 25.00 27,805.00 27,575.00
BERRY PETROLEUM CO CL A COMMON STOCK 2,400.00 27,822.96 32,100.00
BEST BUY, INC., COMMON STOCK 300.00 3,935.84 3,825.00
BETHLEHEM STEEL CORP., COMMON STOCK, $8 31,060.00 417,496.88 279,540.00
PAR
BEVERLY ENTERPRISES INC COMMON STOCK 60,000.00 683,144.34 795,000.00
$10.00 PAR
BICC ORD 50P 254,090.00 1,376,267.17 1,201,860.69
BILFINGER & BERGER DEM5 1,180.00 59,961.97 44,295.10
BINDLEY WESTERN INDUSTRIES, INC., 5,300.00 82,321.53 94,075.00
COMMON STOCK, $1 PAR
BIO-TECHNOLOGY GENERAL, COMMON STOCK 1,700.00 11,671.79 15,512.50
BIOCONTROL TECHNOLOGY INC COMMON STOCK 700.00 1,412.95 940.80
BIOGEN INC., COMMON STOCK 1,000.00 28,036.33 38,250.00
BIOMAGNETIC TECHNOLOGIES COMMON STOCK 10,000.00 16,177.00 5,000.00
BIOMET INC., COMMON STOCK 5,200.00 70,139.19 85,800.00
BIOPOOL INTL INC COMMON STOCK 2,000.00 5,117.00 5,374.00
$0.001 PAR
BIRMINGHAM STEEL CORP., COMMON STOCK 101.90 1,617.36 1,795.99
BISYS GROUP INC COMMON STOCK 2,000.00 39,895.00 74,500.00
BLACK & DECKER CORP., COMMON STOCK, 4,200.00 102,055.30 159,075.00
$.50 PAR
BLACK BOX CORP 3,600.00 72,009.46 147,600.00
BLOCK, H. & R., INC., COMMON STOCK, NO 4,800.00 143,144.93 140,400.00
PAR
BLOUNT INTL INC CL A COM 2,150.32 58,624.50 79,830.63
BLYTH INDS INC COMMON STOCK 4,400.00 131,538.00 190,850.00
BMC INDUSTRIES INC., MINN., COMMON 73,300.00 1,952,069.82 2,107,375.00
STOCK
BMC SOFTWARE INC COMMON STOCK 200.00 7,599.50 8,700.00
BMC WEST CORP COMMON STOCK 100.00 1,258.05 1,187.50
BOATMEN'S BANCSHARES, INC., COMMON 7,100.00 228,496.83 473,037.50
STOCK, $10 PAR
BOCA RESH INC COMMON STOCK 1,400.00 21,304.36 16,625.00
BOEING CO., CAPITAL STOCK, $5 PAR 30,302.63 2,086,721.34 3,011,323.86
</TABLE>
-405-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
BOISE CASCADE CORP., COMMON STOCK, $2.50 32,900.00 1,120,666.32 1,019,900.00
PAR
BOMBARDIER INC CLASS'B'SUB VTG NPV 39,900.00 228,034.74 710,570.25
BORAL AUD0.50 150,667.00 386,952.43 393,902.26
BORDERS GROUP INC COMMON STOCK 65,300.00 1,569,446.21 2,383,450.00
BORG WARNER AUTOMOTIVE, INC., COMMON 100.00 3,292.50 4,000.00
STOCK
BOSTON CHICKEN INC COM STK 39,500.00 1,118,759.95 1,530,625.00
BOSTON COMMUNICATIONS GROUP INC COMMON 26,800.00 397,405.71 237,850.00
STOCK
BOSTON EDISON CO., COMMON STOCK, $5 PAR 14,400.00 344,674.87 369,000.00
BOSTON SCIENTIFIC CORP COMMON STOCK 28,800.00 1,131,965.16 1,681,200.00
BOWATER INC., COMMON STOCK 23,100.00 875,077.30 869,137.50
BOWNE & CO., INC., COMMON STOCK, 2,700.00 54,843.82 66,150.00
$1 PAR
BPB INDUSTRIES ORD 50P 40,000.00 214,005.94 236,250.90
BRASSIE GOLF CORP COMMON STOCK 500.00 603.00 205.00
BRAZIL FUND INC COM USD0.01 3,410.00 76,607.09 71,610.00
BREED TECHNOLOGIES INC COMMON STOCK 300.00 7,536.59 8,025.00
BRIDGESTONE CORP Y50 40,000.00 468,204.84 738,137.08
BRIGGS & STRATTON CORP., CAPITAL 11,800.00 339,687.32 488,225.00
STOCK, $3 PAR
BRISTOL MYERS SQUIBB CO COMMON STOCK 22,600.00 1,385,726.83 2,570,750.00
BRIT PETROLEUM CO ORD GBP0.25 10,760.00 61,438.22 124,119.77
BRITISH GAS ORD 25P 109,870.00 515,645.51 403,384.05
BRODERBUND SOFTWARE INC COMMON STOCK 100.00 4,924.50 3,000.00
BROKEN HILL PTY AUD1 40,565.00 586,537.19 595,348.91
BROOKS FIBER PPTYS INC COMMON STOCK 23,350.00 675,012.08 732,606.25
BROWN GROUP, INC., COMMON STOCK, 11,400.00 208,794.00 216,600.00
$3.75 PAR
BROWN-FORMAN INC., CLASS B, NON-VOTING 3,100.00 83,710.96 144,150.00
COMMON STOCK, $.30 PAR
BROWNING-FERRIS INDUSTRIES, INC., 37,900.00 1,067,967.12 1,018,562.50
COMMON STOCK, $.16 2/3 PAR
BRUNSWICK CORP., COMMON STOCK 4,400.00 72,503.24 112,200.00
NO PAR
</TABLE>
-406-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
BRUSH WELLMAN INC., COMMON STOCK, 3,600.00 66,784.50 60,300.00
$1 PAR
BTG INC COMMON STOCK 200.00 2,597.67 4,025.00
BTR ORD 25P 134,313.00 736,247.05 536,006.21
BUCKEYE CELLULOS CORP COMMON STOCK 28,700.00 686,497.00 771,312.50
BUDERUS AG DEM50 85.00 44,730.27 39,815.24
BUNZL ORD 25P 102,000.00 371,451.57 378,774.39
BURLINGTON COAT FACTORY WAREHOUSE CO., 38,300.00 466,057.86 459,600.00
COMMON STOCK
BURLINGTON INDS INC COMMON STOCK NEW 51,300.00 619,840.37 557,887.50
BURLINGTON NORTHN SANTA FE CORP COM 6,925.00 327,840.66 622,384.38
BURLINGTON RESOURCES INC COMMON STOCK 5,700.00 253,488.45 302,100.00
BURNHAM PACIFIC PROPERTIES INC COM N.P. 1,000.00 10,349.77 12,875.00
BURR-BROWN CORP, COM $.01 PAR 800.00 17,375.53 20,800.00
BURZYNSKI RESEARCH INSTITUTE INC., 10,000.00 5,239.00 900.00
COMMON STOCK
C A NAC TELEFONOS SPON ADR-REP 7 CL'D'SH 800.00 18,400.00 20,300.00
C-CUBE MICROSYSTEMS INC COM STK PAR 200.00 8,432.67 8,725.00
$0.001
CABLE & WIRELESS ORD GBP0.25 23,590.00 175,666.53 188,678.78
CABLE & WIRELESS SPON ADR-REP 3 ORD 25P 7,000.00 166,649.00 168,875.00
CABLE DESIGN TECHNOLOGIES CORP COMMON 8,500.00 334,478.50 248,625.00
STOCK
CABLETRON SYSTEMS INC COMMON STOCK 7,076.00 189,583.48 285,693.50
CABOT CORP., COMMON STOCK, 13,200.00 411,694.80 339,900.00
$1 PAR
CACI INTERNATIONAL INC., CLASS A COMMON 3,600.00 45,739.86 67,950.00
STOCK
CADBURY SCHWEPPES ORD GBP0.25 20,130.00 143,482.06 173,012.54
CALENERGY INC COMMON STOCK 31,500.00 592,515.00 941,062.50
CALIBER SYS INC COMMON STOCK 1,800.00 75,441.58 34,875.00
CALIFORNIA AMPLIFIER INC COMMON STOCK 1,000.00 9,557.81 8,125.00
$0.01 PAR
CALLAWAY GOLF CO COMMON STOCK 16,805.08 286,805.86 510,454.31
CAM NET COMMUNICATIONS NETWORK INC 1,000.00 1,706.00 1,000.00
COMMON STOCK
</TABLE>
-407-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
CAMBREX CORP., COMMON STOCK 1,500.00 43,895.00 47,625.00
CAMBRIDGE TECHNOLOGY PARTNERS MASS INC 14,100.00 154,268.90 430,050.00
COMMON STOCK
CAMCO INTL INC COMMON STOCK 13,700.00 376,453.75 571,975.00
CAMPBELL SOUP CO., CAPITAL STOCK, 28,000.00 1,751,292.71 2,313,500.00
$.60 PAR
CANADIAN PAC LTD NEW COMMON STOCK 52,300.00 640,737.16 1,438,250.00
CANAL PLUS FRF20 300.00 70,756.90 68,816.30
CANNODALE CORP COMMON STOCK 6,800.00 123,740.33 130,900.00
CANON INC JPY50 42,000.00 747,000.69 885,764.50
CAPMAC HLDGS INC COMMON STOCK 3,600.00 109,382.00 120,150.00
CAPSURE HOLDINGS CORP COMMON STOCK 4,100.00 72,344.50 38,950.00
CARADON ORD GBP0.25 33,480.00 198,721.07 133,328.18
CARING PRODS INTL INC COM STK 3,000.00 2,285.40 1,980.00
CARLISLE COMPANIES INC COMMON STOCK 1,700.00 73,984.00 97,750.00
$1.00 PAR
CAROLINA POWER & LIGHT CO., COMMON 6,900.00 187,380.61 252,712.50
STOCK, NO PAR
CARREFOUR FF100 480.00 120,051.02 296,496.00
CARTER HOLT HARVEY NZD0.50 11,000.00 17,257.93 25,366.73
CASCADE COMMUNICATIONS CORP COMMON 38,900.00 1,772,429.53 2,688,962.50
STOCK
CASE CORP COMMON STOCK 21,300.00 594,941.74 1,118,250.00
CASTLE ENERGY CORP COMMON STOCK NEW 16,300.00 178,703.13 148,737.50
CASTORAMA DUBOIS I FRF25 214.00 33,778.62 37,697.70
CATERPILLAR INC., COMMON STOCK, NO PAR 30,162.24 1,212,810.41 2,386,587.24
CATHAY PACIFIC AIR HKD0.20 43,000.00 77,810.05 70,906.62
CDI CORP., COMMON STOCK, $.10 PAR 8,600.00 244,787.50 250,475.00
CELERITEK INC COMMON STOCK 1,000.00 15,114.30 15,750.00
CELL GENESYS INC 1,000.00 9,908.72 6,812.00
CELLPRO INC COMMON STOCK 400.00 7,400.82 5,050.00
CELLULAR TECHNICAL SVCS INC COMMON STK 2,000.00 22,398.95 33,000.00
CELLULARVISION USA INC COMMON STOCK 600.00 5,752.59 3,975.00
CEMEX SA 'B'NPV 9,075.00 78,720.32 33,049.12
</TABLE>
-408-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
CEMEX SA NPV(CPO) 16,610.00 173,424.50 55,335.11
CENTEX CONSTR PRODS INC COM STK PAR 2,800.00 39,928.00 44,450.00
$0.01
CENTEX CORP. COMMON STOCK, $.25 PAR 18,100.00 557,267.26 651,600.00
CENTRAL AND SOUTH WEST CORP., COMMON 9,500.00 233,246.65 254,125.00
STOCK, $3.50 PAR
CENTRAL EUROPEAN MEDIA ENTERPRISES LTD 31,900.00 877,250.00 893,200.00
CL A COMMON STOCK ISIN #BMG200451034
CENTRAL FIDELITY BANKS, INC., COMMON 4,050.00 70,396.26 108,337.50
STOCK, $5 PAR
CENTRAL FUND OF CANADA LTD., CLASS A, 250.00 1,343.72 1,156.25
PARTICIPATING VOTING, NO PAR
CENTRAL HUDSON GAS & ELECTRIC CORP., 4,000.00 105,100.00 121,000.00
COMMON STOCK, NO PAR
CENTRAL LOUISIANA ELECTRIC CO., INC., 2,500.00 67,237.50 70,625.00
COMMON STOCK, (NEW)
CENTROS COM PRYCA ESP100 1,927.00 25,150.84 40,474.44
CENTURY COMMUNICATION CORP., CLASS A, 78,700.00 730,456.25 521,387.50
COMMON STOCK
CERIDIAN CORP COMMON STOCK 3,100.00 94,190.25 149,187.50
CERPROBE CORP COMMON STOCK $.05 PAR 3,000.00 50,985.12 32,250.00
CERVECERIAS UNIDAS ADS(CNV INTO 5 COM SH 821.00 19,088.25 15,804.25
CHAD THERAPEUTICS INC COM STK NO PAR 3,605.00 62,632.50 56,778.75
CHAMPION ENTERPRISES INC., 31,558.00 622,912.45 658,773.25
COMMON STOCK
CHAMPION INTERNATIONAL CORP., 16,300.00 677,208.23 700,900.00
COMMON STOCK, $.50 PAR
CHARGEURS INTERNAT FRF100 317.00 10,240.47 14,142.57
CHARMING SHOPPES, INC., COMMON STOCK, 4,700.00 49,147.31 24,087.50
$.10 PAR
CHARTER ONE FINCL INC COMMON STOCK 12,560.00 371,120.65 546,360.00
CHARTER PWR SYS INC COMMON STOCK 1,600.00 46,236.80 43,600.00
CHASE MANHATTAN CORP NEW COM 42,353.04 2,494,717.15 4,002,362.28
CHECK POINT SOFTWARE COMMON STOCK 400.00 7,802.18 9,100.00
CHELSEA GCA REALTY INC COM 8,300.00 235,004.57 261,450.00
CHESAPEAKE CORP., COMMON STOCK, $1 PAR 7,100.00 210,842.16 216,550.00
CHEUNG KONG(HLDGS) HKD0.50 53,000.00 310,920.19 466,114.85
</TABLE>
-409-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
CHEVRON CORP., COMMON STOCK 49,315.66 1,977,176.55 3,304,149.22
CHEYENNE SOFTWARE INC COMMON STOCK $.01 100.00 1,942.38 3,037.50
PAR
CHICAGO MINIATURE LAMP INC COMMON STOCK 26,650.00 801,672.25 892,775.00
CHILDTIME LEARNING CTRS INC COMMON STOCK 20,000.00 156,450.00 170,000.00
CHILGENER SA ADS REPR 4 SHS NPV 1,270.00 34,653.67 26,828.75
CHINA STEEL GDS TWD10(REP 20 SHS) 20,500.00 524,054.21 422,812.50
CHIPS & TECHNOLOGIES INC, COMMON 45,020.00 728,734.90 948,211.24
STOCK
CHO HUNG BANK KRW5000 5,000.00 67,174.30 40,113.40
CHRIS-CRAFT INDUSTRIES, INC., COMMON 5,485.00 184,580.25 224,199.38
STOCK, $.50 PAR
CHRISTIANIA BANK NOK7 79,000.00 177,233.59 242,591.93
CHRYSLER CORP COMMON STOCK 130,300.01 3,758,940.91 4,625,650.36
CHUBB CORP, COMMON STOCK, $1 PAR 46,500.00 1,934,609.95 2,522,625.00
CHUDENKO CORP JPY50 23,200.00 745,089.30 703,339.19
CIBA-GEIGY AG CHF20(REGD) 295.00 289,326.39 365,380.48
CIE DE ST GOBAIN FRF100 1,097.00 130,616.30 157,746.52
CIFRA SA DE CV 'C'NPV 350,000.00 564,161.98 478,814.36
CIFRA SA DE CV ADR(CNV INTO 1 ORD SER'B' 28,741.00 80,660.70 37,363.30
CIGNA CORP., COMMON STOCK, 3,440.00 238,397.32 486,330.00
CINCINNATI MILACRON INC., COMMON STOCK, 1,800.00 37,593.87 37,350.00
$1 PAR
CINERGY CORP COMMON STOCK 7,162.00 163,516.36 239,927.00
CIRCUIT CITY STORES, INC., COMMON STOCK, 4,400.00 91,368.19 146,850.00
$1 PAR
CIRRUS LOGIC INC COMMON STOCK 350.00 6,959.84 6,868.75
CISCO SYS INC COMMON STOCK 105,150.00 3,639,510.50 7,137,056.25
CITFED BANCORP INC COMMON STOCK 1,100.00 38,797.00 50,875.00
CITIC PACIFIC HKD0.40 154,000.00 350,396.39 802,664.25
CITICORP, COMMON STOCK $4 PAR 59,602.11 2,276,365.13 6,511,530.52
CITIZEN WATCH CO Y50 7,000.00 59,292.75 54,622.14
CITIZENS CORPORATION COMMON STOCK 1,004.99 18,111.91 21,984.16
CITIZENS UTILITIES CO., SERIES B 312.00 3,463.04 3,510.00
COMMON STOCK, $1 PAR
</TABLE>
-410-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
CITIZENS UTILITIES CO., SERIES A 28,806.65 322,584.01 324,074.81
COMMON STOCK, $1 PAR
CITRIX SYS INC COMMON STOCK 22,300.00 266,723.95 1,017,437.50
CITYSCAPE FINANCIAL CORP COMMON STOCK 17,200.00 482,166.51 447,200.00
CKE RESTAURANTS INC COM STK 8,400.00 182,905.50 257,250.00
CLAIRE TECHNOLOGIES INC COMMON STOCK 2,000.00 1,729.00 820.00
CLARIFY INC COMMON STOCK 16,300.00 767,601.54 733,500.00
CLAYTON HOMES INC., COMMON STOCK 200.00 3,269.41 3,250.00
CLEVELAND CLIFFS INC., COMMON STOCK 6,200.00 232,678.22 274,350.00
CLF DEXIA FRANCE FRF100 3,009.00 240,988.46 272,461.25
CLOROX CO., COMMON STOCK, $1 PAR 2,411.99 118,386.62 251,449.96
CMAC INVT CORP COM 16,910.00 608,922.77 1,289,387.50
CMNWLTH BK OF AUST AUD2 1,695.00 14,286.39 16,538.34
CNS INC COMMON STOCK 24,800.00 518,278.52 348,737.60
COACH USA INC COMMON STOCK 26,500.00 545,781.60 669,125.00
COASTAL CORP., COMMON STOCK, $.33 1/3 4,750.00 130,493.54 228,593.75
PAR
COATS VIYELLA ORD GBP0.20 13,840.00 55,692.00 31,162.27
COCA COLA CO., COMMON STOCK, NO PAR 117,745.14 2,820,122.79 6,019,720.28
COCA-COLA AMATIL AUD0.50 1,019.00 6,229.48 11,519.38
COCA-COLA BOTTLING CO. CONSOLIDATED, 100.00 3,499.50 4,575.00
COMMON STOCK, $1 PAR
COEUR D ALENE MINES CORP IDAHO COM 1,200.00 22,564.48 17,550.00
STOCK, $1 PAR
COGNIZANT CORP COMMON STOCK 7,900.00 228,351.63 272,550.00
COHU INC COMMON STOCK $1.00 PAR 1,000.00 17,941.12 23,500.00
COLE KENNETH PRODTNS INC CL A COMMON 6,800.00 107,497.12 107,950.00
STOCK
COLGATE-PALMOLIVE CO., COMMON STOCK, 6,600.00 342,422.82 611,325.00
$1 PAR
COLLECTIVE BANCORP INC COMMON STOCK 2,600.00 43,464.46 91,975.00
COLONIAL BANCGROUP INC COMMON 1,000.00 34,145.00 40,000.00
COLONIAL PROP TR SH BEN INT 14,700.00 334,497.21 395,062.50
COLORADO MEDTECH INC COMMON STOCK 300.00 864.62 918.60
COLUMBIA / HCA HEALTHCARE CORP COM 125,238.16 3,808,368.02 5,009,526.40
</TABLE>
-411-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
COLUMBIA GAS SYSTEM, INC., COMMON 2,500.00 82,998.37 161,562.50
STOCK, $10 PAR
COMCAST CORP., CLASS A SPECIAL COMMON 14,725.00 295,008.19 246,643.75
STOCK
COMERICA, INC., COMMON STOCK, $5 PAR 5,200.00 200,870.08 304,200.00
COMMERCE ASSET-HLD MYR1 11,000.00 52,467.56 83,996.04
COMMERCE BANCORP INC N J COMMON STOCK 2,700.00 64,685.25 78,300.00
PAR $1.5625
COMMERCE BANCSHARES, INC., COMMON 4,410.00 168,525.00 198,450.00
STOCK, $10 PAR
COMMERCE GROUP INC MASS COMMON STOCK 3,200.00 76,464.00 76,800.00
COMMERCIAL FEDERAL CORP., COMMON STOCK 5,000.00 195,915.00 241,875.00
COMMNET CELLULAR INC COMMON STOCK 5,200.00 148,304.00 146,900.00
COMMONWEALTH ALUM CORP COMMON STOCK 12,900.00 312,180.25 208,012.50
COMMONWEALTH ENERGY SYSTEMS, COMMON 3,000.00 55,717.50 72,750.00
SHARES OF BENEFICIAL INTEREST, $4 PAR
COMMONWEALTH IRT INSTALMENT RECEIPTS 34,700.00 174,282.76 219,309.02
COMPAQ COMPUTER CORP., COMMON STOCK 59,475.00 2,846,117.89 4,713,393.75
COMPARATOR SYSTEMS CORP NEW 10,000.00 5,239.00 100.00
COMPASS BANCSHARES INC COMMON STOCK 3,400.00 74,868.00 132,175.00
COMPASS GROUP ORD ORD 5P 11,000.00 64,128.50 112,101.56
COMPDENT CORP COMMON STOCK 14,390.00 292,828.55 395,725.00
COMPRESSION LABS INC, COMMON STOCK 1,000.00 7,726.93 4,125.00
COMPUSERVE CORP DEL COMMON STOCK 300.00 6,711.16 3,150.00
COMPUTER ASSOCIATES INTERNATIONAL, INC., 52,437.00 2,054,072.86 3,447,732.75
COMMON STOCK, $.10 PAR
COMPUTER HORIZONS CORP., COMMON STOCK, 230.00 6,094.84 7,705.00
$.10 PAR
COMPUTER LEARNING CENTERS INC COMMON 100.00 1,630.00 2,500.00
STOCK
COMPUTER PRODUCTS, INC., COMMON STOCK, 23,560.00 458,156.83 474,145.00
$.01 PAR
COMPUTER SCIENCES CORP., COMMON STOCK, 3,475.00 157,237.94 273,221.88
$1 PAR
COMPUTER TASK GROUP, INC., COMMON STOCK, 6,000.00 178,249.50 251,250.00
$.01 PAR
COMPUTRON SOFTWARE INC COMMON STOCK 514.00 3,734.40 1,223.32
</TABLE>
-412-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
COMSHARE, INC., COMMON STOCK, $1 PAR 1,200.00 20,532.99 17,624.40
CONAGRA INC., COMMON STOCK $5 PAR 11,000.00 310,973.67 584,375.00
CONCORD EFS INC COMMON STOCK 33,475.00 239,370.46 974,959.38
CONCORD ENERGY INC COM NEW 1,000.00 3,902.50 2,380.00
CONRAIL INC COMMON STOCK 3,700.00 160,520.20 359,825.00
CONSECO INC., COMMON STOCK 26,200.00 1,305,497.03 1,463,925.00
CONSO PRODS CO COM STK 450.00 5,944.61 5,962.50
CONSOLIDATED EDISON CO. OF NEW YORK, 10,600.00 293,167.17 307,400.00
INC., COMMON STOCK $10 PAR
CONSOLIDATED FREIGHTWAYS INC., 2,000.00 42,490.73 48,250.00
COMMON STOCK, $.625 PAR
CONSOLIDATED NATURAL GAS CO., COMMON 4,300.00 181,637.87 245,637.50
STOCK, $8 PAR
CONSOLIDATED PAPERS, INC., CAPITAL 7,200.00 377,172.00 357,300.00
STOCK, $12.50 PAR
CONSOLIDATED STORES CORP., COMMON STOCK 23,200.00 489,382.62 858,400.00
CONSUMERS WATER CO., COMMON STOCK, 203.33 3,689.43 3,761.61
$1 PAR
CONTIFINANCIAL CORP COMMON STOCK 24,533.00 575,239.56 962,920.25
CONTINENTAL AIRLINES INC CL B 400.00 10,930.07 11,350.00
CONTINENTAL CAN INC DEL COMMON STK 3,700.00 57,090.00 51,337.50
CONTINENTAL HOMES HLDG CORP COMMON STK 3,700.00 78,548.25 75,850.00
CONTINENTE CENT CO ESP100 890.00 19,407.31 16,837.84
CONTROL DATA SYSTEMS INC COMMON STOCK 5,300.00 49,740.50 105,337.50
COOPER INDUSTRIES, INC., COMMON STOCK 4,900.00 198,439.84 203,350.00
$5 PAR
COOPER TIRE & RUBBER CO., COMMON STOCK, 3,800.00 81,980.30 77,900.00
NO PAR
COORS, ADOLPH, CO., CLASS B, NON-VOTING, 1,700.00 32,756.31 33,787.50
COMMON STOCK, NO PAR
COPYTELE INC., COMMON STOCK, 8,800.00 47,826.58 52,800.00
CORAM HEALTHCARE CORP COM 10,000.00 31,700.00 43,750.00
CORESTATES FINANCIAL CORP., COMMON 27,500.00 999,870.70 1,481,562.50
STOCK, $1 PAR
CORNING INC COMMON STOCK 28,400.00 863,408.86 1,150,200.00
CORPORATE EXPRESS INC COMMON STOCK 24,600.00 792,277.75 688,800.00
</TABLE>
-413-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
CORRECTIONS CORP OF AMERICA COMMON STOCK 500.00 11,359.05 12,437.50
$1.00 PAR
COUNTRY STAR RESTAURANTS INC COMMON 1,000.00 4,456.00 531.00
STOCK
COUNTRYWIDE CREDIT INDUSTRIES, INC., 1,198.08 26,041.91 34,594.56
COMMON STOCK, $.05 PAR
COX COMMUNICATIONS INC NEW CL A 50,100.00 965,643.00 1,027,050.00
CPC INTERNATIONAL INC., COMMON STOCK, 6,500.00 292,605.43 541,125.00
$.50 PAR
CRANE CO., COMMON STOCK, $6.25 PAR 1,350.00 30,456.68 63,112.50
CREATIVE COMPURTERS INC COMMON STOCK 300.00 3,030.50 3,150.00
CREDENCE SYS CORP COM 515.00 10,399.92 10,171.25
CREDIT LOCAL DE FR FRF100(PRIME FIDEL.98 415.00 35,416.20 37,577.74
CREDIT SAISON CO JPY50 24,000.00 557,715.06 550,439.37
CREDIT SUISSE GRP CHF20(REGD) 630.00 61,972.49 67,121.63
CREDITANSTALT-BANK PTG CERTS ATS500 2,000.00 376,126.45 249,605.95
CROP GROWERS CORP COMMON STOCK 1,100.00 10,561.53 7,562.50
CROWN CORK & SEAL CO., INC., COMMON 5,800.00 213,554.92 307,400.00
STOCK, $5 PAR
CROWN VANTAGE INC COM 13,790.00 221,666.09 131,005.00
CRYOLIFE INC COMMON STOCK 100.00 1,212.26 1,425.00
CSF(THOMSON) FRF20 11,515.00 352,793.96 372,397.56
CSM NV CVA(NON EXCH)NLG1 3,095.00 118,945.53 166,904.41
CSX CORP., COMMON STOCK, $1 PAR 9,516.00 296,028.86 444,873.00
CUC INTERNATIONAL INC COMMON STOCK 91,150.00 1,660,439.32 2,404,081.25
CULLEN/FROST BANKERS, INC., COMMON STOCK 2,400.00 58,074.00 85,200.00
$5 PAR
CULLIGAN WTR TECHNOLOGIES INC COM 22,640.00 852,440.60 843,340.00
CUMMINS ENGINE CO., INC., COMMON 27,300.00 1,104,896.01 1,235,325.00
STOCK, $2.50 PAR
CURTIS MATHES HLDG CORP COMMON STOCK 1,420.00 3,570.85 1,420.00
CVS CORP COM STK 19,600.00 722,632.51 806,050.00
CWM MTG HLDGS INC COMMON STOCK 2,900.00 47,298.39 59,812.50
CYCLE & CARRIAGE SGD1 54,000.00 574,256.89 612,214.34
CYPRESS SEMICONDUCTOR CORP., COMMON 1,150.00 15,667.41 14,087.50
STOCK
</TABLE>
-414-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
CYPRUS AMAX MINERALS CO COM STK 4,450.00 117,386.86 110,137.50
CYTYC CORP COMMON STOCK 500.00 12,606.65 12,781.00
D R HORTON INC COMMON STOCK 98,928.00 1,081,781.46 1,038,744.00
DAI-TOKYO FI & MAR Y50 90,000.00 671,885.34 545,694.20
DAIFUKU Y50 3,000.00 37,029.12 35,061.51
DAIICHI PHARM CO JPY50 10,000.00 149,420.32 156,414.76
DAINIPPON SCREEN Y50 9,000.00 59,417.35 71,177.50
DAIWA HOUSE IND CO 50 12,000.00 187,636.38 166,608.08
DAL-TILE INTL INC COMMON STOCK 37,830.00 718,912.86 803,887.50
DANA CORP., COMMON STOCK $1 PAR 4,600.00 104,016.59 143,175.00
DANONE (BSN) FRF10 3,321.00 525,158.15 488,999.54
DAO HENG BANK GRP USD0.50 24,000.00 81,651.89 113,916.19
DARDEN RESTAURANTS INC COM 7,700.97 73,565.23 66,420.87
DATA GENERAL CORP., COMMON STOCK, $.01 34,675.00 406,149.45 507,121.88
PAR
DATA I/O CORP., COMMON STOCK, NO PAR 1,000.00 6,352.09 4,750.00
DATUM INC., COMMON STOCK, $.25 PAR 500.00 4,989.11 6,625.00
DAVE & BUSTERS INC COM 350.00 7,563.37 7,175.00
DAY RUNNER COMMON STOCK 2,000.00 49,938.20 48,500.00
DAYTON-HUDSON CORP., COMMON STOCK, $1 130,800.00 3,284,049.94 5,084,850.00
PAR
DBS LAND SGD1 21,000.00 64,859.06 74,868.98
DDI CORP JPY5000 76.00 662,304.03 544,288.22
DEAN FOODS CO., COMMON STOCK, $1 PAR 13,500.00 324,595.00 376,312.50
DEAN WITTER DISCOVER & CO COMMON STOCK 7,401.00 138,342.09 506,043.38
DEERE & CO., COMMON STOCK, $1 PAR 42,600.00 707,082.50 1,901,025.00
DEKALB GENETICS CORP CLASS B COMMON 3,100.00 98,224.43 115,475.00
STOCK
DELL COMPUTER CORP COMMON STOCK 11,600.00 1,019,323.70 1,178,850.00
DELPHI FINL GROUP INC CL A 3,000.00 72,550.00 84,750.00
DELTA AIR LINES, INC., COMMON STOCK, 4,260.00 285,315.16 320,565.00
$3 PAR
DELUXE CORP., COMMON STOCK 3,700.00 133,705.42 114,700.00
DEN DANSKE BANK AS DKK100 720.00 42,979.81 54,402.83
</TABLE>
-415-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
DENSO CORP JPY50 12,000.00 213,080.43 279,437.61
DESKTOP DATA NC COMMON STOCK 3,800.00 131,176.00 85,500.00
DEUTSCHE BANK AG DEM5 11,783.00 548,933.62 561,898.31
DEUTSCHE TELEKOM DEM5 6,500.00 122,824.46 141,451.43
DEV BK SINGAPORE SGD1(ALIEN MKT) 30,000.00 357,526.13 387,179.58
DEVRO ORD GBP0.10 10,000.00 36,472.05 42,931.80
DEXIA (CRE CO HLDG NPV 205.00 18,076.31 18,636.36
DEXTER CORP., COMMON STOCK, $1 PAR 5,600.00 113,512.00 183,400.00
DIGI INTL INC COMMON STOCK 100.00 2,924.50 1,312.50
DIGITAL DESCRIPTOR SYS INC COM STK 5,000.00 19,190.00 4,050.00
DIGITAL EQUIPMENT CORP., COMMON STOCK 56,700.00 2,411,787.92 2,083,725.00
$1 PAR
DIGITAL RECORDERS INC COM STK 600.00 3,906.25 2,400.00
DILLARD DEPARTMENT STORES, INC., 37,600.00 1,052,842.04 1,151,500.00
CLASS A, COMMON STOCK, NO PAR
DIME BANCORP INC NEW COMMON STOCK 88,000.00 960,762.36 1,397,000.00
DIMON INC COM 5,800.00 108,503.50 120,350.00
DISCREET LOGIC INC COMMON STOCK 500.00 4,828.62 3,586.00
DOMINION RESOURCES INC., VA., COMMON 8,050.00 289,641.33 306,906.25
STOCK
DONALDSON LUFKIN & JENRETTE INC COMMON 8,000.00 258,784.80 285,000.00
STOCK
DONNA KARAN INTL INC COMMON STOCK 200.00 5,818.79 3,300.00
DONNELLEY, R. R., & SONS CO., 44,900.00 1,115,071.55 1,504,150.00
COMMON STOCK, $1.25 PAR
DOVER CORP., COMMON STOCK $1 PAR 5,100.00 122,393.41 272,212.50
DOW CHEMICAL CO., COMMON STOCK, 30,550.00 1,898,846.37 2,558,562.50
$2.50 PAR
DOW JONES & CO., INC., COMMON STOCK, 24,400.00 901,230.23 847,900.00
$1 PAR
DQE INC., COMMON STOCK 100.00 2,824.50 2,950.00
DRESSER INDUSTRIES INC., COMMON STOCK, 8,100.00 161,332.01 265,275.00
$.25 PAR
DSC COMMUNICATIONS CORP., COMMON STOCK 8,800.00 155,733.20 158,400.00
DSP COMMUNICATIONS INC COMMON STOCK 9,300.00 201,865.81 361,537.50
DST SYSTEMS INC COMMON STOCK 10,800.00 350,765.92 349,650.00
</TABLE>
-416-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
DT INDS INC COM STK PAR $0.01 2,400.00 51,648.00 83,100.00
DTE ENERGY CO COMMON STOCK 6,500.00 179,777.61 208,000.00
DU PONT, E. I. DE NEMOURS & CO., COMMON 25,711.40 1,396,518.52 2,423,299.45
STOCK, $5 PAR
DUKE POWER CO., COMMON STOCK, NO PAR 9,100.00 308,366.03 422,012.50
DUKE RLTY INVTS INC NEW COMMON STOCK 137.00 4,990.23 4,914.88
DUN & BRADSTREET CORP., COMMON STOCK, $1 7,900.00 171,423.00 178,737.50
PAR
DUPONT PHOTOMASKS INC COMMON STOCK 300.00 11,578.51 12,450.00
DYCAM INC COM STK 5,000.00 2,964.00 3,150.00
DYCOM INDUSTRIES INC, COMMON STOCK, 500.00 6,713.67 5,125.00
$.33 1/3 PAR
E G & G, INC., COMMON STOCK, $1 PAR 2,621.00 51,305.48 47,833.25
EAGLE BANCSHARES INC COMMON STOCK 101.95 1,704.64 1,503.76
EAGLE FOOD CTRS INC COMMON STOCK 450.00 2,653.27 1,912.50
EARTH SCIENCES INC COMMON STOCK $0.01 500.00 1,650.84 1,565.00
PAR
EARTHGRAINS CO COM 4,200.00 221,109.00 217,350.00
EAST JAPAN RAILWAY JPY50000 33.00 165,245.33 151,370.83
EAST MIDLANDS ELEC ORD GBP0.568182 7,413.00 87,788.03 75,982.22
EASTERN ENTERPRISES COMMON STOCK 5,400.00 170,459.83 202,500.00
EASTGROUP PROPERTIES, SHARES OF 1,600.00 33,711.28 41,800.00
BENEFICIAL INTEREST, $1 PAR
EASTMAN CHEMICAL CO COMMON STOCK 10,625.00 451,207.85 606,953.13
EASTMAN KODAK CO., COMMON STOCK, 15,600.00 789,202.66 1,263,600.00
$2.50 PAR
EATON CORP., COMMON STOCK, 3,500.00 148,676.34 242,375.00
$.50 PAR
EAUX(CIE GENERALE) FRF100 3,250.00 363,427.76 400,758.24
ECHLIN INC., COMMON STOCK, $1 PAR 2,800.00 66,044.72 94,150.00
ECHO BAY MINES LTD., COMMON STOCK, $1.20 7,600.00 76,632.36 47,021.20
PAR
ECOGEN INC COM NEW 500.00 2,572.50 1,440.00
ECOLAB INC COMMON STOCK 2,900.00 57,840.87 112,737.50
EDISON INTL COM 83,900.00 1,493,696.76 1,667,512.50
EINSTEIN NOAH BAGEL CORP COMMON STOCK 30,700.00 661,555.55 917,162.50
</TABLE>
-417-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
EL MISTI GOLD LTD COMMON STOCK 5,000.00 18,250.00 19,000.00
ELBIT COMPUTERS LTD., ORDINARY SHARES 500.00 6,598.10 1,312.50
ELBIT MEDICAL IMAGING LTD COM STK 500.00 0.00 2,065.00
ELBIT SYSTEMS LTD 500.00 0.00 3,875.00
ELCOR CORP., COMMON STOCK, $1 PAR 3,000.00 67,994.10 63,750.00
ELECTROCOMPONENTS ORD GBP0.10 12,000.00 64,828.92 89,022.57
ELECTROGLAS INC COMMON STOCK 500.00 11,401.51 8,797.00
ELECTROLUX 'B'FREE SWKR25 8,760.00 450,169.35 513,528.49
ELECTRONIC DATA SYS CORP (NEW) COM STK 15,218.00 703,510.43 736,170.75
ELETROBRAS CENT EL ADR REPR 50 COM SHS N 2,946.00 33,612.70 47,872.50
ELF AQUITAINE FRF50 15,010.00 1,056,270.98 1,310,853.02
ELF AQUITAINE SPON ADR(CNV 1/2 ORD FRF50 13,130.00 464,711.95 576,078.75
ELRON ELECTR INDS LTD ORD 400.00 4,334.05 4,400.00
ELSEVIER NV NLG0.10 (AMSTERDAM LISTING) 36,613.00 350,835.70 624,175.70
ELTRON INTL INC COM STK 20,400.00 488,941.90 632,400.00
EMC CORP., MASS., COMMON STOCK 10,900.00 238,314.79 351,525.00
EMCARE HLDGS INC COMMON STOCK 1,900.00 51,263.04 38,000.00
EMERSON ELECTRIC CO., COMMON STOCK, $1 10,400.00 579,084.21 1,020,500.00
PAR
EMP NAC ELECTRICID ADS REPR 30 COM NPV 2,629.00 63,023.39 43,378.50
EMP NAC ELECTRICID ESP800 2,681.00 136,717.18 181,148.65
EMPLOYEE SOLUTIONS INC COMMON STOCK 12,000.00 181,203.84 222,000.00
ENCAD INC COMMON STOCK 33.00 1,045.22 1,237.50
ENERSIS SA SPON ADR REP 50 COM SHS NPV 1,349.00 35,779.21 38,109.25
ENGELHARD CORP., COMMON STOCK, 6,450.00 88,924.90 125,775.00
ENGLISH CHINA CLAY ORD GBP0.25 164,418.00 865,136.85 495,908.98
ENI ADS REPR 10 ORD ITL1000 7,000.00 327,250.00 367,500.00
ENI ITL1000(REGD) 19,050.00 74,097.37 100,347.87
ENRON CORP., COMMON STOCK, $.10 PAR 11,400.00 279,484.82 521,550.00
ENRON GLOBAL P & P COM NPV 431.00 10,344.00 12,391.25
ENRON GLOBAL POWER & PEPELINE COMMON 2,500.00 60,387.50 71,875.00
STOCK
ENSCO INTL INC COMMON STOCK 200.00 8,117.00 8,775.00
</TABLE>
-418-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
ENSERCH CORP., COMMON STOCK, 3,100.00 53,024.89 72,462.50
$4.45 PAR
ENSERCH EXPL INC COM 230.00 2,223.67 2,616.25
ENTERGY CORP NEW COMMON STOCK 64,300.00 1,733,727.07 1,744,137.50
ENZO BIOCHEM, INC., COMMON STOCK, $.01 1,308.00 24,991.21 24,688.50
PAR
EP MEDSYSTEMS INC COMMON STOCK 125,000.00 687,500.00 562,500.00
EPIC DESIGN TECHNOLOGY INC COMMON STOCK 6,400.00 194,438.00 160,000.00
EQUITABLE IOWA COS COMMON STOCK NEW 17,830.00 754,085.00 797,892.50
EQUITABLE RESOURCES INC., 23,600.00 699,010.57 719,800.00
COMMON STOCK
EQUITY CORPORATION INTL COMMON STOCK 36,300.00 662,498.60 780,450.00
ESSELTE 'B' FREE SWKR12.5 950.00 14,480.51 21,795.16
ESSEX PPTY TR COMMON STOCK 549.17 13,099.84 15,102.18
ESTERLINE TECHNOLOGIES CORP COMMON STK 5,100.00 109,300.60 129,412.50
ETEC SYS INC COMMON STOKC 8,300.00 229,160.54 243,812.50
ETHAN ALLEN INTERIORS INC., COMMON STOCK 3,500.00 74,877.00 116,375.00
EURO DISNEYLAND SCA COMMON STOCK 2,000.00 5,250.00 4,300.00
EUROGAS INC COMMON STOCK 800.00 3,629.43 3,048.00
EVANS WITHYCOMBE RESIDENTIAL INC COMMON 16,700.00 340,614.22 340,262.50
STOCK
EVANS, BOB FARM INC., COMMON STOCK, NO 200.00 3,604.27 2,600.00
PAR
EVEREST REINS HLDGS INC COM STK 106,400.00 2,149,643.10 2,992,500.00
EVERGREEN MEDIA CORP CL A COMMON STOCK 25,150.00 771,137.50 622,462.50
EXABYTE CORP COMMON STOCK 1,000.00 14,883.40 14,500.00
EXAR CORP., COMMON STOCK 383.00 6,648.25 5,984.38
EXECUTIVE RISK INC COMMON STOCK 20,610.00 682,302.60 824,400.00
EXIDE CORP COM STK 250.00 6,960.75 6,375.00
EXOLON ESK CO COM STK 100.00 2,049.50 2,700.00
EXPRESS SCRIPTS INC CL A COMMON STOCK 4,000.00 180,612.44 142,500.00
EXXON CORP., COMMON STOCK, NO PAR 59,560.00 3,704,790.81 5,635,865.00
F P L GROUP INC., COMMON STOCK 21,400.00 713,808.10 987,075.00
FAIR ISAAC COMMON STOCK 4,400.00 216,150.60 154,000.00
</TABLE>
-419-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
FAIRFIELD COMMUNITIES INC NEW COMMON 25,000.00 540,625.00 612,500.00
STOCK PAR $0.01
FALCON DRILLING INC COM STK 100.00 2,555.00 4,000.00
FANUC JPY50 2,500.00 122,708.36 81,502.64
FAR EAST LEVINGST SGD0.50 49,000.00 216,602.65 260,294.49
FEDERAL EXPRESS CORP., COMMON STOCK 63,800.00 1,853,264.08 2,823,150.00
$.10 PAR
FEDERAL NATIONAL MORTGAGE ASSOCIATION, 77,808.97 1,526,590.29 3,209,620.01
COMMON STOCK, NO PAR
FEDERAL-MOGUL CORP., COMMON STOCK, 26,000.00 474,877.67 578,500.00
$5 PAR
FEDERATED DEPT STORES INC DEL COMMON 9,400.00 277,092.08 320,775.00
STOCK
FELCOR SUITE HOTELS INC COM STK 144.00 4,975.20 5,130.00
FERNZ CORP NZD0.50 4,600.00 15,293.71 16,697.63
FERRO CORP., COMMON STOCK, $1 PAR 22,650.00 617,691.95 654,018.75
FFY FINL CORP COMMON STOCK 2,000.00 45,290.00 51,124.00
FHLMC VOTING COMMON STOCK 20,800.00 1,138,340.47 2,376,400.00
FIAT SPA ITL1000 60,000.00 251,764.72 175,454.81
FIDELITY ADVISOR KOREA FUND RTS EXP 800.00 0.00 800.00
12-13-1996
FIDELITY NATIONAL FINANCIAL INC COMMON 4,200.00 57,271.50 69,300.00
STOCK
FIFTH THIRD BANCORP., COMMON STOCK, 4,800.00 276,551.01 336,000.00
$6.66 PAR
FILENES BASEMENT INC COMMON STOCK 1,000.00 4,831.00 4,875.00
FINANZ AUTOGRILL ITL100 8,437.00 10,773.55 8,855.14
FIRST ALERT INC COM STK PAR $0.01 1,782.00 8,585.78 6,905.25
FIRST AMERICAN CORP., COMMON STOCK, $5 10,200.00 479,574.82 583,950.00
PAR
FIRST AMERN FINL CORP CALIF COMMON STOCK 3,900.00 96,340.50 142,837.50
FIRST BANK SYSTEM, INC., CAPITAL 6,400.00 340,868.72 466,400.00
STOCK, $2.50 PAR
FIRST CHICAGO NBD CORP COM 36,314.00 1,189,195.42 2,133,447.50
FIRST COMMERCE CORP., COMMON STOCK, 8,500.00 290,552.00 334,687.50
$5 PAR
FIRST DATA CORP COMMON STOCK 90,000.12 3,222,098.82 3,588,754.79
</TABLE>
-420-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
FIRST FINANCIAL CORP., COMMON STOCK, 2,500.00 34,737.50 74,687.50
$1 PAR
FIRST HAWAIIAN INC., HONOLULU, HAWAII, 2,100.00 52,154.55 68,250.00
COMMON STOCK, $5 PAR
FIRST PACIFIC ORD USD 0.01 85,020.00 91,782.40 118,205.51
FIRST PALM BEACH BANCORP INC COMMON 3,300.00 49,566.00 83,737.50
STOCK
FIRST SECURITY CORP., COMMON STOCK, 15,000.00 229,193.54 485,625.00
$1.25 PAR
FIRST TEAM SPORTS INC., COMMON STOCK 25.00 226.50 228.13
FIRST TENNESSEE NATIONAL CORP., 13,600.00 445,624.80 523,600.00
COMMON STOCK, $5 PAR
FIRST UNION CORP., COMMON STOCK, 19,328.27 923,967.57 1,476,196.62
$3.33 1/3 PAR
FIRST USA INC COMMON STOCK 28.09 840.01 923.46
FIRST USA PAYMENTECH INC COMMON STOCK 17,950.00 443,548.02 700,050.00
FIRST VIRGINIA BANKS INC., COMMON STOCK, 14,000.00 552,257.80 680,750.00
$1 PAR
FIRSTBANK PUERTO RICO (SAN JUAN) 2,300.00 50,652.90 58,362.50
FISERV INC COMMON STOCK 7,100.00 157,566.00 268,025.00
FIVE ARROWS CHILE ORD USD0.01(GUERNSEY R 13,000.00 32,825.00 37,050.00
FIVE ARROWS CHILE WTS SUB FOR ORD 31.05. 6,380.00 0.00 3,158.10
FLEET FINCL GROUP INC COMMON STOCK 29,896.00 1,110,792.18 1,655,491.00
FLEETWOOD ENTERPRISES, INC., COMMON 1,600.00 34,973.12 48,800.00
STOCK, $1 PAR
FLEMING COMPANIES INC. COMMON STOCK 20,700.00 506,124.92 338,962.50
$2.50 PAR
FLETCHER CHALLENGE BUILDING SHARES NZD0. 6,500.00 12,930.20 18,274.15
FLETCHER CHALLENGE ENERGY SHARES NZD0.4 78,500.00 161,592.31 234,663.59
FLETCHER CHALLENGE FORESTS DIVISION SHS 29,409.00 52,040.93 48,561.83
FLETCHER CHALLENGE PAPER SHARES NZD0.40 3,000.00 3,430.90 5,380.82
FLORES & RUCKS INC COMMON STOCK 27,925.00 856,721.49 1,371,815.63
FLORIDA PROGRESS CORP., COMMON STOCK, 500.00 17,259.23 16,187.50
$2.50 PAR
FLOW INTL CORP COMMON STOCK 400.00 3,579.10 3,350.00
FLUGHAFEN WIEN AG ATS100 346.00 14,919.41 15,833.34
FLUKE CORPORATION COM $.25 PAR 1,000.00 39,948.00 43,125.00
</TABLE>
-421-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
FLUOR CORP., COMMON STOCK, $.62 1/2 PAR 3,815.12 150,622.09 259,428.16
FMC CORP., COMMON STOCK, NO PAR, 21,400.00 1,388,288.25 1,653,150.00
(NEW)
FOMENTO CONST Y CO ESP1000 261.00 31,518.03 22,069.11
FOMENTO ECOMOMICO SER'B'NPV 6,445.00 17,512.87 22,042.56
FONIX CORP COM STOCK 1,100.00 12,010.19 6,743.00
FOOTSTAR INC COM STK 4,260.00 82,527.36 87,330.00
FORD MTR CO DEL COM 115,500.00 3,211,701.73 3,782,625.00
FORE SYS INC COMMON STOCK 29,900.00 955,391.76 1,173,575.00
FORT HOWARD CORP NEW COMMON STOCK 52,300.00 1,171,561.84 1,477,475.00
FORTE SOFTWARE INC COM STK PAR $0.01 16,750.00 490,479.50 531,812.50
FORTIS AMEV NV CVA NLG1 2,927.00 47,991.84 97,592.13
FORTRESS GROUP INC COMMON STOCK 67,500.00 608,916.87 421,875.00
FOSTER WHEELER CORP., COMMON STOCK, 1,800.00 52,666.46 65,025.00
$1.50 PAR
FOUNDATION HEALTH CORP COMMON STOCK 26,400.00 831,897.95 772,200.00
FOURTH SHIFT CORP COMMON STOCK 800.00 4,878.91 4,600.00
FOXMEYER HEALTH CORP COM 1,500.00 23,213.24 3,375.00
FRACTAL DESIGN CORP COMMON STOCK 100.00 1,479.23 1,187.50
FRANCHISE FINANCE CORP OF AMERICA COM 1,730.00 39,977.54 43,898.75
STK
FRANKLIN RES INC., COMMON STOCK, 80.00 5,079.50 5,720.00
FRASER & NEAVE LTD SGD1 4,600.00 48,197.92 47,887.63
FREEPORT MCMORAN C & G CL B COM STK 8,800.00 242,666.68 277,200.00
FREEPORT MCMORAN INC NEW COM 100.00 3,237.00 3,050.00
FREMONT GENERAL CORP., COMMON STOCK 10,290.00 178,960.52 320,276.25
$1 PAR
FRIEDMANS INC CL A COM STK 1,500.00 27,390.00 20,625.00
FRONTIER INS GROUP INC NEW COMMON STOCK 100.00 3,967.50 3,812.50
$0.01 PAR
FROZEN FOOD EXPRESS INDS INC COMMON 400.60 5,061.16 3,905.85
STOCK $1.50 PAR
FRUIT OF THE LOOM CLASS A COMMON STOCK 26,400.00 684,453.78 940,500.00
FURNITURE BRANDS INTL INC SER 1 WT EXP 336.00 300.00 1,974.00
1999
</TABLE>
-422-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
GADZOOKS INC COMMON STOCK 8,800.00 298,114.96 250,800.00
GALOOB TOYS INC (NEW) 1,000.00 27,874.20 29,125.00
GANNETT CO. INC., COMMON STOCK, $1 PAR 6,400.00 311,835.15 502,400.00
GAP INC., COMMON STOCK, $.05 PAR 13,060.00 189,918.45 419,552.50
GARDEN BOTANIKA INC COMMON STOCK 2,200.00 23,318.08 19,800.00
GAS NATURAL SDG SA ESP600 556.00 45,268.13 115,364.63
GAS Y ELECTRICIDAD ESP1000'2'/'3' 6,000.00 318,662.40 338,223.94
GATEWAY 2000 INC COMMON STOCK 1,822.00 61,111.50 97,704.75
GC COMPANIES INCORPORATED COMMON STOCK 900.00 26,347.50 31,500.00
GEHE AG DEM5 (VAR) 4,030.00 130,994.17 247,762.02
GENENTECH INC SPECIAL COM 11,100.00 596,320.88 600,787.50
GENERAL DYNAMICS CORP. COMMON STOCK, $1 2,800.00 102,244.48 206,500.00
PAR
GENERAL ELECTRIC COMPANY COMMON STOCK 86,601.54 4,425,579.90 9,006,560.16
$2.50 PAR
GENERAL INSTR CORP COMMON STOCK NEW 6,200.00 167,805.98 137,175.00
GENERAL MILLS, INC., COMMON STOCK, $.75 7,200.00 323,430.01 457,200.00
PAR
GENERAL MOTORS CORP. COMMON STOCK, 115,652.54 5,189,732.68 6,664,477.62
$1 2/3 PAR
GENERAL MOTORS CORP., CLASS H, COMMON 135.00 8,142.63 7,357.50
STOCK $0.10 PAR
GENERAL RE CORP., COMMON STOCK 8,200.00 776,137.75 1,383,750.00
GENERAL SIGNAL CORP., COMMON STOCK, $1 2,218.00 67,181.84 95,651.25
PAR
GENERALE DE BANQUE NPV 258.00 65,552.18 91,619.32
GENERALE DE BANQUE NPV VVPR STRIP 28.00 25.45 15.03
GENESEE & WYOMING INC CL A COMMON STOCK 20,460.00 435,925.67 705,870.00
GENESIS CHILE FUND PTG USD0.01 1,700.00 49,982.92 67,150.00
GENEVA STEEL COMPANY CL A COMMON STOCK 300.00 1,169.21 1,050.00
GENUINE PARTS CO., COMMON STOCK, $1 PAR 17,674.94 640,016.40 795,372.30
GENZYME CORP COM 52,300.00 1,200,232.46 1,189,825.00
GENZYME TRANSGENICS CORP COM STK 127,583.00 523,522.89 749,550.13
GEON CO COMMON STOCK PAR $0.01 34,100.00 884,692.98 643,637.50
</TABLE>
-423-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
GEORGIA-PACIFIC CORP. COMMON STOCK, 4,100.00 248,141.63 298,275.00
$.80 PAR
GEOTEK COMMUNICATIONS INC 1,000.00 12,377.54 7,000.00
GEOWASTE INC COMMON STOCK 6,600.00 27,289.00 13,609.20
GIANT FOOD, INC., CLASS A COMMON STOCK 2,700.00 63,116.32 91,125.00
$1 PAR
GIDDINGS & LEWIS INC WIS COMMON STOCK 1,600.00 32,450.27 18,800.00
GILLETTE CO., COMMON STOCK, $1 PAR 52,588.00 2,514,758.21 3,878,365.00
GISH BIOMEDICAL INC COMMON STOCK NO 100.00 716.48 687.50
PAR
GKN ORD GBP1 2,000.00 25,207.90 37,605.23
GLATFELTER, P.H., CO., COMMON STOCK, 4,900.00 88,249.00 89,425.00
$2.50 PAR
GLAXO WELLCOME ORD GBP0.25 15,000.00 149,924.43 246,626.79
GLEASON CORP., COMMON STOCK, $1 PAR 1,700.00 57,834.00 50,150.00
GLENDALE FED BK FED SVGS BK CALIF NEW 500.00 10,099.00 10,500.00
COMMON STOCK
GLOBAL INDL TECHNOLOGIES INC COM 10,300.00 152,273.20 211,150.00
GLOBAL INDS LTD COMMON STOCK 37,400.00 474,512.50 663,850.00
GLOBAL MARINE INC., DEL., COMMON STOCK, 200.00 3,118.52 3,900.00
$0.10 PAR, (NEW)
GLOBAL VLG COMMUNICATION COM STK 1,000.00 9,095.94 6,625.00
GLOBAL-PAC MINERALS INC COMMON STOCK 2,000.00 2,590.00 2,400.00
GOLDEN SHAMROCK MINES LTD COMMON STOCK 6,500.00 6,136.00 0.00
GOLDEN WEST FINANCIAL CORP., COMMON 31,100.00 1,237,575.83 2,099,250.00
STOCK, $1 PAR
GOODMAN FIELDER LT AUD0.50 87,320.00 82,440.56 110,943.95
GOODRICH, B. F. CO., COMMON STOCK, 10,800.00 385,188.20 484,650.00
$5 PAR
GOODYEAR TIRE & RUBBER CO., COMMON 7,787.00 269,636.37 377,669.50
STOCK, NO PAR
GOTTSCHALKS INC., COMMON STOCK 1,000.00 5,466.48 6,750.00
GPO FIN BANAMEX-AC SER'L' MXN6.5 1,039.00 27,128.66 1,863.61
GPO FIN BANAMEX-AC SER'B' MXN6.5 21,127.00 53,000.89 41,641.16
GPO IND MASECA SER'B'NPV 30,917.00 51,498.95 38,771.08
GPO MODELO SA DE C SER'C'NPV 6,734.00 29,161.83 37,702.55
</TABLE>
-424-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
GPO TELEVISA SPON GDR REP 2 ORD PTG CERT 15,657.00 431,547.47 426,653.25
GPU INC COMMON STOCK 5,400.00 163,992.21 181,575.00
GRACE W R & CO DEL COMMON STOCK 26,800.00 1,096,365.83 1,417,050.00
GRACO INC., COMMON STOCK, $1 PAR 1,500.00 34,148.00 38,625.00
GRAINGER, W. W., INC., COMMON STOCK, 2,300.00 111,623.24 182,850.00
$1 PAR
GRAND METROPOLITAN ORD GBP0.25 27,000.00 187,591.92 210,735.47
GREAT ATLANTIC & PACIFIC TEA CO., 1,700.00 52,047.05 55,675.00
INC., COMMON STOCK, $1 PAR
GREAT LAKES CHEMICAL CORP., COMMON 2,900.00 174,640.48 155,512.50
STOCK, $1 PAR
GREAT WESTERN FINANCIAL CORP., CAPITAL 6,500.00 125,908.35 202,312.50
STOCK, $1 PAR
GREATER CHINA FUND INC COMMON STOCK 200.00 2,874.48 2,925.00
GREENPOINT FINANCIAL CORP COM 43,800.00 1,658,188.29 2,113,350.00
GREENSTONE REG LTD COMMON STOCK 5,000.00 40,229.07 66,875.00
GREENTREE FINANCIAL CORP COMMON STOCK 14,498.00 422,749.84 607,103.75
GRIFFON CORP COM 6,900.00 64,200.50 74,175.00
GRUMA SA DE CV ADS 144A 872.00 17,423.50 18,094.00
GRUMA SA DE CV SER'B' NPV 8,244.00 21,131.76 45,425.80
GTE CORP. COMMON STOCK, $3.33 1/3 PAR 44,810.85 1,481,219.92 2,010,886.89
GTECH HOLDINGS CORPORATION COMMON STOCK 52,000.00 1,521,241.46 1,638,000.00
GTI CORP., COMMON STOCK $.04 PAR 1,500.00 11,081.82 8,062.50
GTM ENTREPOSE FRF50 590.00 53,936.52 29,315.86
GUANGDONG INVEST HKD0.50 81,000.00 47,340.73 67,569.84
GUANGDONG INVEST NP OFFER ENT (GUANG TAN 4,850.00 0.00 0.00
GUANGZHOU INVMNT HKD0.10 184,000.00 35,459.74 71,391.62
GUARANTEE LIFE COS INC COMMON STOCK 2,900.00 50,626.75 56,187.50
GUCCI GROUP N V SHS-N Y REGISTRY 50.00 3,674.50 3,668.75
GUIDANT CORP COM STK NO PAR 26,600.00 1,383,524.62 1,406,475.00
GUILBERT SA FRF10 468.00 56,317.12 87,728.72
GUINNESS ORD GBP0.25 21,740.00 168,515.91 162,557.76
GULF SOUTH MED SUPPLY INC COM STK 4,700.00 109,369.00 136,887.50
</TABLE>
-425-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
GULFSTREAM AEROSPACE CORP NEW COMMON 95,900.00 2,366,709.50 2,301,600.00
STOCK
GULFWEST OIL CO COMMON STOCK 400.00 1,097.85 1,187.60
GUOCO GROUP USD0.50 24,000.00 124,327.06 130,677.70
GYMBOREE CORP COMMON STOCK 100.00 3,067.50 2,825.00
HADCO CORP., COMMON STOCK 8,200.00 236,244.42 380,783.40
HAGEMEYER NLG5 826.00 35,156.19 65,570.38
HALLIBURTON CO. COMMON STOCK, $2.50 PAR 14,200.00 482,064.04 855,550.00
HALLWOOD GROUP INC COM PAR $0.10 300.00 4,124.46 4,275.00
HAMBRECHT & QUIST GROUP INC COMMON STOCK 21,430.00 376,351.74 525,035.00
HANDLEMAN CO., COMMON STOCK, $1 PAR 9.09 58.67 74.99
HANIL BANK KRW5000 3,000.00 38,655.37 19,832.32
HANNA, M.A. CO., COMMON STOCK, $1 PAR 7,650.00 123,539.50 161,606.25
HANNAFORD BROS. CO., COMMON STOCK 1,811.98 53,074.54 58,436.36
HANSON ADR(CNV INTO 5 ORD 25P) 32,500.00 380,868.85 219,375.00
HARCOURT GEN INC COMMON STOCK 3,300.00 94,734.61 180,262.50
HARKEN ENERGY CORP., COMMON STOCK 1,000.00 2,518.50 2,875.00
HARLAND, JOHN H., CO., COMMON VOTING 19,700.00 473,893.12 608,237.50
STOCK, $1 PAR
HARLEY DAVIDSON INC., COMMON STOCK 1,016.64 40,071.35 45,113.40
HARNISCHFEGER INDUSTRIES INC., COMMON 2,122.00 57,506.76 94,163.75
STOCK, $1 PAR
HARRAH'S ENTMT INC COM STK 4,650.00 63,811.99 82,537.50
HARRIS CORP. COMMON STOCK, $1 PAR 1,800.00 67,024.61 123,300.00
HARSCO CORP., COMMON STOCK, $1.25 PAR 5,900.00 392,617.90 411,525.00
HARTE-HANKS COMMUNICATIONS INC NEW 2,400.00 49,548.00 61,800.00
COMMON STOCK
HASBRO INC., COMMON STOCK, $.50 PAR 3,900.00 98,972.18 160,387.50
HAVAS FRF15 440.00 38,963.55 31,172.21
HAVEN BANCORP INC COMMON STOCK 3,800.00 53,504.00 106,400.00
HBO & CO., COMMON STOCK 25,220.02 862,094.46 1,434,388.64
HCC INSURANCE HOLDINGS INC 35,240.00 888,563.50 986,720.00
HEALTH CARE & RETIREMENT CORP DEL 8,400.00 171,556.00 229,950.00
COMMON STOCK
</TABLE>
-426-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
HEALTH CARE PROPERTY INVESTORS, INC., 1,000.00 34,801.18 34,125.00
COMMON STOCK
HEALTHCARE RLTY TR COMMON STOCK 100.00 2,255.00 2,550.00
HEALTHCOR HLDGS INC COMMON STOCK 81,300.00 813,000.00 813,000.00
HEALTHSOUTH CORP COM STK 100.00 3,442.50 3,762.50
HEARTLAND WIRELESS COMMUNICATIONS INC 205.00 5,793.76 2,485.63
COMMON STOCK
HEARTPORT INC COMMON STOCK 5,200.00 177,797.86 119,600.00
HEARTSTREAM INC COMMON STOCK 38.00 658.00 536.75
HECHINGER CO., CLASS A COMMON STOCK, 8.89 45.79 24.45
$.10 PAR (NEW) DELAWARE
HEINZ H J CO COMMON STOCK 16,700.00 407,972.17 632,512.50
HELIX TECHNOLOGY CORP., COMMON STOCK, 150.00 5,848.50 4,781.25
$1 PAR
HELMERICH & PAYNE, INC., COMMON STOCK, 9,500.00 280,591.59 510,625.00
$.10 PAR
HENKEL KGAA DEM5 (BR) 900.00 39,545.89 43,913.86
HENNES & MAURITZ SER'B'SEK5 860.00 36,911.63 124,019.37
HERCULES, INC., VOTING COMMON STOCK, 36,800.00 1,730,244.35 1,784,800.00
NO PAR
HERSHEY FOODS CORP., COMMON STOCK, 6,900.00 159,287.17 344,137.50
$1 PAR
HEWLETT-PACKARD CO., COMMON STOCK, $1 95,876.30 2,191,345.75 5,165,335.66
PAR
HEYWOOD WILLIAMS ORD GBP0.25 5,370.00 36,948.54 20,166.94
HFS INC COM 36,600.00 2,056,084.66 2,369,850.00
HILLSDOWN HLDGS ORD 10P 14,110.00 36,700.52 42,557.84
HILTON HOTELS CORP., COMMON STOCK, $2.50 58,800.00 1,403,896.86 1,719,900.00
PAR
HITACHI JPY50 99,000.00 994,069.35 922,144.11
HITACHI KOKI CO Y50 50,000.00 445,625.51 416,520.21
HITACHI ZOSEN Y50 17,000.00 86,236.90 78,725.83
HNC SOFTWARE INC COMMON STOCK 21,260.00 202,004.65 632,485.00
HOECHST AG DEM5 1,460.00 26,908.84 63,924.27
HOLDERBK FN GLARIS CHF50(BR) 1,200.00 621,886.19 867,081.32
HOLLANDSCHE BETON NLG20 2,000.00 316,378.99 379,229.36
</TABLE>
-427-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
HOLLYWOOD ENTMT CORP COMMON STOCK 3,800.00 26,355.00 76,475.00
HOLOGIC INC. COMMON STOCK 1,200.00 29,485.59 30,000.00
HOME DEPOT INC., COMMON STOCK, 85,106.22 3,475,554.36 4,436,161.72
$.05 PAR
HOMELAND BANKSHARES CORP COM 700.00 23,154.95 29,050.00
HOMESTAKE MINING CO., CAPITAL STOCK, 7,700.00 124,189.12 116,462.50
$1 PAR
HONDA MOTOR CO Y50 11,000.00 194,623.86 324,780.31
HONEYWELL INC., COMMON STOCK, $1.50 PAR 26,200.00 1,276,287.26 1,797,975.00
HONG KONG ELECTRIC HKD1 100,000.00 323,688.52 320,744.96
HONG KONG LAND HLD USD0.10(SING QUOTE) 92,993.00 365,723.12 265,030.05
HONG KONG TELECOMM HKD0.50 218,000.00 380,319.68 377,806.52
HOPEWELL HLDGS HK>0.50 180,000.00 114,321.78 118,727.37
HORACE MANN EDUCATORS CORP COMMON STOCK 5,000.31 132,031.50 188,761.70
HORMEL FOODS CORPORATION COMMON STOCK 201.18 4,732.87 5,230.68
HORNBACH BAUMARKT DEM5 502.00 20,609.54 15,512.98
HOSPITALITY PROPERTIES TRUST COMMON 550.00 15,114.93 14,850.00
STOCK
HOUSEHOLD INTERNATIONAL INC., COMMON 17,100.00 1,189,548.28 1,620,225.00
STOCK, $1 PAR
HOUSTON EXPL CO COMMON STOCK 52,040.00 854,460.52 923,710.00
HOUSTON INDUSTRIES, INC., COMMON STOCK, 11,200.00 229,349.96 246,400.00
NO PAR
HOYA CORP JPY50 11,000.00 406,244.98 412,741.65
HSBC HLDGS HK>10(HK REG) 10,607.00 126,409.44 220,864.85
HSBC HLDGS ORD GBP0.75(UK REG) 18,000.00 265,177.70 388,352.12
HUANENG POWER INTL SPON ADR(REP 40'N'ORD 6,100.00 108,671.24 111,325.00
HUBBELL, INC., CLASS B, COMMON STOCK 10,300.00 378,732.68 432,600.00
$5 PAR
HUBCO INC COMMON STOCK $8.00 PAR 2,781.00 50,989.50 68,134.50
HUDSON FOODS INC., CLASS A COMMON 42,810.00 745,583.08 781,282.50
STOCK
HUDSON TECHNOLOGIES COM 500.00 5,906.86 2,940.00
HUGHES SUPPLY, INC., COMMON STOCK, 21,050.00 722,807.89 905,150.00
$1 PAR
HUMAN GENOME SCIENCES INC COM STK 500.00 21,639.43 18,625.00
</TABLE>
-428-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
HUMANA INC. COMMON STOCK, $.16 2/3 PAR 7,300.00 197,434.29 137,787.50
HUMMINGBIRD COMMUNICATIONS LTD COMMON 300.00 10,361.43 9,487.50
STOCK
HUNTCO INC CLASS A COMMON STOCK 37,700.00 698,815.60 589,062.50
HUNTER DOUGLAS NV NLG1 5,787.00 390,584.77 378,518.22
HUTCHINSON TECHNOLOGIES INC., 13,200.00 643,979.16 696,300.00
COMMON STOCK
HUTCHISON WHAMPOA HKD0.25 28,000.00 137,759.31 216,373.51
HYAL PHARMACERTICAL CORP COMMON STOCK 6,000.00 59,637.85 24,000.00
NO PAR
HYPERMEDIA COMMUNICATIONS INC COM STK 1,000.00 3,840.00 1,750.00
I-FLOW CORP COMMON STOCK NEW 1,450.00 6,881.07 6,525.00
IBERDROLA SA ESP500 9,099.00 66,335.36 105,042.51
IBP INC COMMON STOCK 22,400.00 575,903.70 554,400.00
ICG COMMUNICATIONS INC COMMON STOCK 24,850.00 419,372.50 521,850.00
ICOS CORP COMMON STOCK 16,600.00 132,671.90 126,575.00
IDAHO POWER CO., COMMON STOCK, $5 6,400.00 187,228.00 197,600.00
PAR
IDEC PHARMACEUTICALS CORP COMMON STOCK 300.00 8,870.25 7,275.00
IDENTIX INC COMMON STOCK 250.00 2,374.88 1,984.25
IDEXX LABORATORIES INC COMMON STOCK 100.00 3,374.50 3,500.00
ILLINOIS CENTRAL CORP SER A COMMON 15,750.00 396,567.61 533,531.25
STOCK
ILLINOIS TOOL WKS INC COM 5,500.00 207,815.67 471,625.00
ILLINOVA CORP COMMON STOCK 10,900.00 299,251.41 288,850.00
IMASCO COM NPV 27,000.00 535,271.94 671,168.33
IMATION CORP COM STK 1,337.00 23,635.19 40,444.25
IMATRON INC., COMMON STOCK, NO PAR 6,000.00 40,288.59 21,000.00
IMI SPA ITL5000 6,230.00 48,447.65 52,371.78
IMI SPON ADR REPR 3 ORD ITL5000 13,000.00 260,780.00 338,000.00
IMMUNE RESPONSE CORP DEL COMMON STOCK 200.00 1,970.38 1,600.00
IMMUNOGEN INC COMMON STOCK 16,000.00 58,103.50 44,992.00
IMP INC COMMON STOCK 3,900.00 29,249.99 12,429.30
IMPERIAL BANCORP, COMMON STOCK, NO PAR 3,150.00 53,067.00 70,875.00
</TABLE>
-429-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
IMPERIAL CR INDS INC COMMON STOCK 51,300.00 453,554.44 1,090,125.00
IMPERIAL TOBACCO G SPONS ADR REP 2 ORD 1 8,125.00 165,485.31 102,066.25
INA(IST NAZ ASS) ITL1000 14,000.00 21,354.82 19,499.38
INACOM CORP COMMON STOCK 6,000.00 153,070.56 186,000.00
INAX Y50 7,000.00 72,882.30 58,989.46
INCO LTD COM NPV (USD QUOTE) 27,000.00 763,505.14 941,625.00
INCO LTD. COMMON STOCK, NO PAR 7,600.00 216,503.81 265,050.00
INDIANA ENERGY INC., COMMON STOCK 402.20 10,436.32 9,703.08
INDO-PACIFIC ENERGY LTD COMMON STOCK 2,500.00 9,908.57 13,905.00
INDOSAT ADS REPR 10 SER'B'SHS 11,000.00 363,660.00 303,875.00
INDUSTRIAL HLDGS INC COM 200.00 2,133.75 1,876.00
INDUSTRIE NATUZZI ADR(CNV 1 ORD ITL250) 786.00 37,643.86 34,092.75
INFORMATION MGMT TECHNOLOGIES CORP CL A 100.00 285.91 100.00
PAR $0.04
INFORMATION RESOURCES, INC., COMMON 100.00 1,346.89 1,137.50
STOCK
INFORMIX CORP, COMMON STOCK 800.00 16,700.74 19,000.00
ING GROEP NV CVA NLG1 15,472.00 248,169.43 541,885.59
INGERSOLL-RAND CO., COMMON STOCK, $2 PAR 5,100.00 152,599.67 237,150.00
INLAND STEEL INDUSTRIES INC., COMMON 8,775.00 197,800.54 163,434.38
STOCK NO PAR VALUE
INNOVEX, INC., COMMON STOCK, $.04 PAR 6,500.00 101,840.00 264,062.50
INPUT/OUTPUT INC COMMON STOCK 24,600.00 361,328.92 590,400.00
INSIGHT ENTERPRISES INC COMMON STOCK 200.00 3,954.00 6,725.00
INSO CORP COMMON STOCK 1,900.00 52,763.00 80,987.50
INTEG INC COMMON STOCK 69,300.00 620,061.75 814,275.00
INTEGRATED DEVICE TECHNOLOGY INC., 1,150.00 11,993.86 14,302.55
COMMON STOCK
INTEGRATED SYS INC. COMMON STOCK 300.00 5,859.70 6,450.00
INTEL CORP. CAPITAL STOCK, $.001 PAR 125,415.59 7,944,984.82 15,912,102.98
INTELIDATA TECHNOLOGIES CORP COM 160.00 0.00 1,177.44
INTER-REGIONAL FINANCIAL GROUP, INC., 3,400.00 80,343.60 119,425.00
COMMON STOCK, $0.125 PAR
INTERAMERICAS COMMUNICATIONS CORP COMMON 1,000.00 4,956.00 3,375.00
STOCK
</TABLE>
-430-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
INTERCEL INC COM STK 5,400.00 82,831.00 81,334.80
INTERGRAPH CORP., COMMON STOCK 2,100.00 36,722.55 19,162.50
INTERIM SERVICES INC COM STK 6,100.00 151,036.00 239,425.00
INTERMEDIA COMMUNICATIONS FLA INC 24,800.00 386,960.81 737,800.00
COMMON STOCK
INTERNATIONAL BUSINESS MACHINES CORP., 40,643.02 3,451,634.81 6,477,481.31
CAPITAL STOCK, $1.25 PAR
INTERNATIONAL FLAVORS & FRAGRANCES INC. 5,000.00 167,354.49 227,500.00
COMMON STOCK, $.12 1/2 PAR
INTERNATIONAL GAME TECHNOLOGY, COMMON 700.00 14,463.26 13,650.00
STOCK, $.01 PAR
INTERNATIONAL MULTIFOODS CORP., 4,300.00 80,173.50 67,725.00
COMMON STOCK, $1 PAR
INTERNATIONAL NETWORK SVCS COMMON STOCK 17,140.00 440,006.66 548,480.00
INTERNATIONAL PAPER CO., COMMON 47,366.00 1,514,553.93 2,013,055.00
STOCK, $1 PAR
INTERPOOL INC COMMON STOCK 16,900.00 263,687.92 405,600.00
INTERPUBLIC GROUP OF COMPANIES, INC., 3,700.00 131,636.45 183,150.00
COMMON STOCK, $.10 PAR
INTERSTATE BAKERIES CORP DEL COMMON 20,200.00 725,635.80 911,525.00
STOCK NEW
INTERSTATE HOTELS CO COMMON STOCK 26,600.00 558,600.00 681,625.00
INTUIT COMMON STOCK 540.00 26,799.03 19,305.00
INVISION TECHNOLOGIES INC COMMON STOCK 405.00 9,981.44 9,517.50
IOMEGA CORP., COMMON STOCK 12,283.00 360,927.25 277,902.88
IPALCO ENTERPRISES INC., COMMON STOCK, 6,800.00 173,798.44 185,300.00
NO PAR
ISHIHARA SANGYO Y50 7,000.00 29,594.54 19,991.21
ISIS PHARMACEUTICALS COMMON STOCK 6,400.00 122,653.38 104,800.00
ITALGAS(SOC ITAL) ITL1000 12,367.00 34,624.46 51,429.84
ITO-YOKADO CO Y50 14,000.00 749,080.72 707,381.37
ITT CORP NEW COMMON STOCK 5,300.00 181,564.39 244,462.50
ITT HARTFORD GROUP INC COMMON STOCK 5,300.00 182,505.60 362,387.50
ITT INDS INC COMMON STOCK 5,300.00 82,535.35 123,887.50
IVAX CORP COMMON STOCK 300.00 4,539.41 3,300.00
IXC COMMUNICATIONS INC COMMON STOCK 35,050.00 560,800.00 823,675.00
</TABLE>
-431-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
JABIL CIRCUIT INC COMMON STOCK 7,500.00 96,587.50 191,250.00
JACOR COMMUNICATIONS INC CLASS A COMMON 16,100.00 432,843.25 386,400.00
STOCK
JAMES RIVER CORP., OF VIRGINIA, COMMON 39,800.00 771,937.02 1,273,600.00
STOCK, $.10 PAR
JAPAN AIR LINES CO JPY50 63,000.00 460,977.10 368,145.87
JEFFERSON-PILOT CORP. COMMON STOCK, 3,225.00 91,998.64 187,856.25
$1.25 PAR
JERONIMO MARTINS PTE1000 1,900.00 81,571.40 174,708.42
JLG INDUSTRIES, INC., CAPITAL STOCK, 200.00 3,923.27 3,600.00
$.20 PAR
JOHN ALDEN FINL CORP COMMON STOCK 15,700.00 346,531.93 276,712.50
JOHNSON & JOHNSON COMMON STOCK, $1 PAR 110,188.47 4,043,643.95 5,853,762.47
JOHNSON CONTROLS, INC., COMMON STOCK, 1,900.00 84,258.76 147,250.00
$2.50 PAR
JONES MED INDS INC COMMON STOCK $0.04 17,660.00 727,997.25 706,400.00
PAR
JOSTENS, INC., COMMON STOCK 1,700.00 40,484.61 36,125.00
JRECKS SUBS GROUP INC COM STK 1,000.00 2,340.00 2,220.00
JUSCO CO Y50 17,000.00 527,143.72 552,724.08
JUSTIN INDUSTRIES INC., COMMON STOCK, 200.70 2,631.23 2,157.53
$2.50 PAR
K MART CORP. COMMON STOCK, $1 PAR 102,343.00 1,676,720.61 1,138,565.88
K N ENERGY, INC., COMMON STOCK $5.00 PAR 130.00 4,890.60 5,281.25
KANSAS CITY SOUTHERN INDUSTRIES, INC., 9,200.00 394,917.21 462,300.00
COMMON STOCK, NO PAR
KAO CORP JPY50 56,000.00 666,957.04 649,560.63
KAUFMAN & BROAD HOME CORP., COMMON 1,773.00 24,721.86 22,827.38
STOCK
KAYDON CORP., COMMON STOCK 21,690.00 909,929.24 886,578.75
KAZAKHSTAN MINERALS CORP COM STK 500.00 3,503.61 3,525.00
KAZAKSTAN GOLDFIELDS CORP COM STK 2,000.00 2,035.80 0.00
KEITHLEY INSTRS INC COMMON STOCK NO PAR 300.00 4,396.96 3,112.50
KELLOGG CO., COMMON STOCK, $.50 PAR 9,600.00 512,163.75 651,600.00
KELLWOOD CO., COMMON STOCK, NO PAR 10,600.00 166,653.50 190,800.00
KEMET CORP COMMON STK 3,500.00 70,860.96 80,500.00
</TABLE>
-432-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
KENT ELECTRONICS CORP., COMMON STOCK 10,700.00 330,029.17 279,537.50
KEPPEL CORP SGD1 4,000.00 27,540.86 31,088.45
KERR-MC GEE CORP. COMMON STOCK, $1 PAR 2,200.00 96,688.71 154,000.00
KEYCORP NEW COMMON STOCK 10,400.00 334,498.30 544,700.00
KIMBERLY CLARK MEX 'A'NPV 2,868.00 40,528.19 55,474.52
KIMBERLY-CLARK CORP., COMMON STOCK, 12,728.00 563,964.45 1,244,162.00
$5 PAR
KINDEN CORP JPY50 700.00 8,864.53 9,780.32
KING WORLD PRODUCTIONS INC., 1,700.00 50,645.54 64,812.50
COMMON STOCK
KINGFISHER ORD 25P 22,820.00 211,808.97 248,856.22
KIRBY CORP., COMMON STOCK 6,200.00 110,250.00 123,225.00
KLA INSTRUMENTS CORP., COMMON STOCK 660.00 15,860.74 23,430.00
$.001 PAR
KLM ROYAL DUTCH AIRLINES, COMMON STOCK, 52,396.00 1,602,478.71 1,368,845.50
100 GUILDER SHARE
KNIGHT-RIDDER INC., COM STK 4,300.00 121,525.76 180,600.00
KNP BT (KON) NV NLG2.50 14,000.00 467,654.75 319,039.75
KOHLS CORP COMMON STOCK 35,600.00 1,313,019.30 1,419,550.00
KOKUYO CO Y50 5,000.00 112,837.50 130,492.09
KOMATSU Y50 14,000.00 114,974.76 117,978.91
KOMORI CORP JPY50 30,000.00 767,893.14 643,233.74
KON PTT NEDERLAND SPN ADR-1 ORD NLG10(14 8,342.00 293,886.67 302,397.50
KONINK PTT NEDERLA NLG10 1,595.00 51,956.91 59,747.18
KOOKMIN BANK KRW5000 3,002.00 53,758.34 52,656.48
KOREA ELEC POWER KRW5000 13,490.00 543,128.03 431,250.38
KREDIETBANK NPV 560.00 118,039.80 183,838.38
KROGER CO., COMMON STOCK, $1 PAR 5,700.00 139,751.06 262,912.50
KU ENERGY CORP COMMON STOCK 2,500.00 75,362.50 75,312.50
KUHLMAN CORP., COMMON STOCK $1.00 PAR 10,800.00 184,018.03 190,350.00
KUMAGAI GUMI CO Y50 12,000.00 65,763.77 33,954.31
KURARAY CO JPY50 9,000.00 93,923.95 86,994.73
KUSHNER LOCKE CO NO PAR 10,000.00 13,842.00 4,700.00
KYOCERA CORP JPY50 13,000.00 714,282.96 836,203.87
</TABLE>
-433-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
K2 INC COM STK PAR $1.00 4,800.00 114,690.50 124,800.00
L'OREAL FRF10 165.00 33,120.89 60,375.10
LABOR READY INC NEW COMMON STOCK 6,780.00 77,561.45 83,055.00
LACLEDE GAS CO., COMMON STOCK, $4 PAR 2,000.00 44,415.06 47,750.00
LADBROKE GROUP ORD 10P 17,770.00 55,465.06 61,211.00
LAIDLAW INC CL-B NON VOTING 14,100.00 127,296.13 172,725.00
LAING(JOHN) ORD'A'NON V GBP0.25 11,390.00 66,510.76 51,865.81
LAIRD GROUP ORD GBP0.25 35,000.00 211,354.01 246,416.75
LAM RESEARCH CORP., COMMON STOCK, 33,600.00 1,010,919.94 1,205,400.00
NO PAR
LANDS END INC., COMMON STOCK 4,500.00 101,968.54 123,187.50
LAPEYRE FRF10(BR) 1,285.00 77,276.57 75,536.13
LARSON DAVIS INC COM STK 200.00 2,235.28 2,100.00
LASERSCOPE COMMON STOCK 200.00 1,664.17 1,100.00
LAWYERS TITLE CORP COMMON STOCK 3,500.00 69,427.75 66,500.00
LCC INTL IN CL A COMMON STOCK 24,900.00 479,967.00 398,400.00
LCI INTL INC COMMON STOCK 200.00 4,828.62 6,525.00
LEAR CORP COM STK PAR $0.01 49,100.00 1,435,880.62 1,761,462.50
LEARNING CO INC COM STK PAR $0.01 26,600.00 635,740.00 452,200.00
LEGRAND FRF10 369.00 51,449.95 63,942.29
LEND LEASE CORP ORD A>0.50 50,592.00 501,778.40 939,468.00
LENNAR CORP., COMMON STOCK, $.10 PAR 9,500.00 246,097.50 247,000.00
LEUCADIA NATIONAL CORP., COMMON STOCK, 6,000.00 148,333.74 157,500.00
$1 PAR
LEXMARK INTL GROUP, INC CL A COM STK 34,900.00 840,487.45 903,037.50
LIFE BANCORP INC COMMON STOCK 3,000.00 45,435.00 53,625.00
LIFE REINSURANCE CORP COMMON STK 16,300.00 355,503.00 601,062.50
LIFELINE SYS INC COMMON STOCK 400.00 6,798.78 6,700.00
LILLY, ELI & CO., COMMON STOCK, $.62 1/2 53,605.72 2,603,948.67 4,100,837.58
PAR
LIMITED INC., COMMON STK, NO PAR 12,366.99 246,219.70 222,605.82
LINCARE HOLDINGS COMMON STOCK 8,700.00 212,998.92 345,825.00
LINCOLN NATIONAL CORP., COMMON STOCK, 42,200.00 1,906,862.61 2,273,525.00
NO PAR
</TABLE>
-434-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
LINDSAY MFG CO COMMON STOCK 2,100.00 77,724.14 86,100.00
LION NATHAN LTD NZD0.25 180,300.00 366,121.09 463,265.22
LITTON INDUSTRIES, INC., COMMON 14,100.00 672,281.70 659,175.00
STOCK, $1 PAR
LIZ CLAIBORNE INC., COMMON STOCK NO PAR 28,000.00 1,170,312.99 1,186,500.00
LLOYDS TSB GROUP ORD GBP0.25 100,000.00 577,377.27 693,125.87
LOCKHEED MARTIN CORP COM 8,990.00 372,085.15 814,718.75
LOEWS CORP COMMON STOCK $1.00 PAR 5,300.00 325,029.66 491,575.00
LOGICON INC., COMMON STOCK, $.10 PAR 4,350.00 119,758.25 177,262.50
LONDON ELECTRICITY ORD GBP0.58333 10,671.00 130,677.55 115,831.26
LONG DRUG STORES, CORP., COMMON STOCK, 4,900.00 186,351.90 245,612.50
NO PAR
LONG ISLAND LIGHTING CO., COMMON STOCK, 23,500.00 407,800.91 467,062.50
$5 PAR
LORAL SPACE & COMMUNICATIONS 1,100.00 16,740.76 20,350.00
LOUISIANA LAND AND EXPLORATION CO., 6,300.00 302,297.96 376,425.00
CAPITAL STOCK, $.15 PAR
LOUISIANA-PACIFIC CORP. COMMON STOCK, 5,000.00 105,973.11 113,125.00
$1 PAR
LOWES COS INC COMMON STOCK $.50 PAR 7,800.00 152,328.51 316,875.00
LSI LOGIC CORP., COMMON STOCK 9,417.00 302,211.40 283,687.13
LTV CORP NEW COMMON STOCK 42,600.00 713,671.14 457,950.00
LTX CORP., COMMON STOCK, $.05 PAR 400.00 2,757.24 2,374.80
LUBRIZOL CORP. COMMON STOCK, NO PAR 19,700.00 583,523.90 605,775.00
LUBY'S CAFETERIAS INC., COMMON STOCK, 1,100.00 20,700.14 24,200.00
$.32 PAR
LUCENT TECHNOLOGIES INC COMMON STOCK 46,802.23 2,040,621.02 2,398,614.29
LVMH MOET HENNESSY FRF10 894.00 152,615.34 226,641.14
LYDALL, INC, COMMON STOCK, $3.33-1/3 1,400.00 32,228.00 31,850.00
PAR VALUE
MABUCHI MOTOR CO JPY50 9,000.00 575,658.15 452,372.58
MACERICH CO COM 12,900.00 250,735.73 299,925.00
MACROMEDIA INC COMMON STOCK 200.00 8,218.26 3,625.00
MAGAZINE GLOBUS PTG CHF100 600.00 460,341.25 283,805.57
MAGELLAN PETROLEUM CORP., CAPITAL 460.00 1,369.74 1,638.52
STOCK, $.01 PAR
</TABLE>
-435-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MAGNA GROUP, INC., COMMON STOCK, $2 PAR 1,100.00 19,948.50 33,412.50
MAGNA INTERNATIONAL CLASS A 260.00 11,657.65 14,267.50
MAKITA CORP Y50 8,000.00 151,941.30 106,854.13
MALAY AIRLINE SYST MYR1 122,000.00 391,999.36 316,162.22
MALLINCKRODT INC NEW COMMON STOCK 3,300.00 94,883.12 145,200.00
MANITOWOC CO., INC., COMMON STOCK 3,900.00 131,703.00 171,112.50
$2.50 PAR
MANNESMANN AG DM50 (GERMAN REGD) 6,177.00 1,138,585.72 2,577,936.05
MANOR CARE, INC., COMMON STOCK, $.10 PAR 2,850.00 60,295.91 71,962.50
MANUGISTICS GROUP INC COM STK 100.00 4,274.50 3,725.00
MARIEBERG TIDNINGS SER'A'SEK10 13,000.00 335,209.12 336,983.24
MARRIOT INTERNATIONAL COMMON STOCK 14,200.00 622,035.79 791,650.00
MARSH & MC LENNAN CO'S INC., COMMON 3,402.55 270,387.64 385,764.11
STOCK, $1 PAR
MARSHALL INDUSTRIES, COMMON STOCK, 200.00 6,504.50 6,200.00
$1 PAR
MARTEK BIOSCIENCES CORP COMMON STOCK 29,000.00 962,242.50 514,750.00
MARUI CO JPY50 8,000.00 136,511.57 151,845.34
MASCO CORP. COMMON STOCK, $1 PAR 48,400.00 1,257,082.57 1,766,600.00
MATSUSHITA ELC IND Y50 11,000.00 177,750.45 190,421.79
MATTEL INC COM STOCK 12,388.00 178,826.77 382,479.50
$1.00 PAR
MAY DEPARTMENT STORES CO., COMMON 11,224.00 323,749.49 547,170.00
STOCK, $.50 PAR
MAYTAG CORP COMMON STOCK 4,800.00 84,321.07 91,800.00
MBF CAPITAL BHD MYR1 46,000.00 59,397.19 72,071.22
MBNA CORP COMMON STOCK 108,234.34 2,475,726.46 4,369,961.48
MC DERMOTT INTERNATIONAL INC., COMMON 14,356.00 269,762.61 254,819.00
STOCK, $1 PAR
MC DONALDS CORP. COMMON STOCK, NO PAR 39,724.31 1,122,274.74 1,857,111.49
MC DONNELL DOUGLAS CORP. COMMON STOCK, 9,700.00 168,465.14 512,887.50
$1 PAR
MCGRAW HILL COMPANIES INC COM 4,500.00 147,263.42 204,750.00
MCI COMMUNICATIONS CORP., COMMON STOCK, 31,500.00 596,354.42 960,750.00
$.10 PAR
MCKESSON CORP NEW COMMON STOCK 100.54 4,430.00 5,655.38
</TABLE>
-436-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MCLEOD INC CL A COMMON STOCK 29,250.00 629,445.09 833,625.00
MCN CORP COMMON STOCK 102.61 2,458.41 2,950.04
MDU RESOURCES GROUP, COMMON STOCK, $20 1,200.00 22,070.00 26,850.00
PAR
MEAD CORP. COMMON STOCK, NO PAR 14,900.00 790,497.72 882,825.00
MEASUREX CORP., COMMON STOCK, NO PAR 7,400.00 228,797.60 182,225.00
MECKLERMEDIA CORP COMMON STOCK 100.00 1,251.75 2,025.00
MEDAPHIS CORP COMMON STOCK 2,300.00 22,761.77 23,862.50
MEDCARE TECHNOLOGIES INC COM STK 1,000.00 5,592.30 5,060.00
MEDIA GENERAL INC., CLASS A COMMON 3,400.00 118,470.96 107,950.00
STOCK, $5 PAR
MEDIC COMPUTER SYS INC COMMON STOCK 22,200.00 382,854.26 749,250.00
MEDICIS PHARMACEUTICAL CORP CL A NEW COM 17,041.00 790,231.85 747,673.88
MEDICONSULT COM INC COM STK 1,000.00 1,281.00 1,080.00
MEDIOLANUM ITL1000 3,830.00 39,485.22 39,818.93
MEDIZONE INTL INC COMMON STOCK $.001 PAR 24,200.00 3,064.88 2,420.00
MEDPARTNERS INC NEW COMMON STOCK 43,542.00 1,003,528.66 990,580.50
MEDTRONIC, INC., COMMON STOCK, 55,300.00 2,576,413.88 3,656,712.50
$.10 PAR
MEDUSA CORP COMMON NEW 2,400.00 56,752.80 83,100.00
MELLON BANK CORP., COMMON STOCK, $.50 19,200.00 929,398.31 1,387,200.00
PAR
MEMC ELECTRONICS MATERIALS INC COMMON 12,700.00 313,782.49 339,725.00
STOCK
MERCANTILE BANCORPORATION INC., COMMON 435.00 0.00 23,000.63
STOCK, $5 PAR
MERCANTILE STORES CO., INC., COMMON 4,400.00 218,336.12 221,100.00
STOCK, $.91 2/3 PAR
MERCK & CO. INC., COMMON STOCK, $.02 7/9 124,951.10 7,218,781.99 10,370,941.30
PAR
MEREDITH CORP., COMMON STOCK, $5 PAR 9,500.47 371,767.87 489,274.21
MERIS LABS INC COMMON STOCK 500.00 540.50 375.00
MERISEL INC COMMON STOCK 10,000.00 21,676.19 18,120.00
MERRILL CORP., COMMON STOCK 2,200.00 55,718.96 51,664.80
MERRILL LYNCH & CO., INC., COMMON 49,400.00 2,559,825.30 3,964,350.00
STOCK, $1.33 1/3 PAR
</TABLE>
-437-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MESA AIR GROUP INC COMMON STOCK 10,600.00 99,321.98 104,675.00
MESA INC COMMON STOCK 2,000.00 9,409.73 10,250.00
METHODE ELECTRONICS, CLASS A COMMON 5,600.00 96,712.00 107,800.00
STOCK, $.50 PAR
METRICOM INC COMMON STOCK 300.00 4,447.13 3,975.00
METRIS COS INC COMMON STOCK 33,220.00 694,338.70 780,670.00
METROMEDIA INTL GROUP INC COMMON STOCK 500.00 5,394.46 6,062.50
MFC ARGENTINA FUND, INC., COMMON STOCK 500.00 6,483.72 6,000.00
CLOSED END FUND
MGIC INVT CORP WIS COMMON STOCK 6,800.00 452,728.70 509,150.00
MGM GRAND INC COMMON STOCK $.01 PAR 46,100.00 1,776,333.01 1,780,612.50
MICRO LINEAR CORP COMMON STOCK 700.00 9,448.90 4,505.90
MICROAGE INC COMMON STOCK $0.01 PAR 55,300.00 714,515.88 1,251,162.50
MICROCHIP TECHNOLOGY INC COMMON STOCK 31,500.00 948,796.39 1,504,125.00
MICRON TECHNOLOGY, INC., COMMON STOCK, 18,031.80 499,506.38 597,303.38
$.10 PAR
MICROSOFT CORP., COMMON STOCK 62,709.00 5,314,751.71 9,837,474.38
MID OCEAN LTD ORD SHARES 15,300.00 393,733.92 736,312.50
MIDWEST EXPRESS HOLDINGS INC COMMON 24,223.00 499,830.38 799,359.00
STOCK
MIKOHN GAMING CORP COMMON STOCK 15,000.00 136,681.44 105,000.00
MIKUNI COCA-COLA JPY50 35,000.00 574,532.96 467,486.82
MILLENNIUM CHEMICALS INC COMMON STOCK 135.00 0.00 2,784.38
MILLER, HERMAN, INC. COMMON STOCK, $.20 3,200.00 98,552.18 150,400.00
PAR
MILLIPORE CORP., COMMON STOCK, 2,000.00 43,093.13 81,750.00
$.08 1/3 PAR
MINEBEA CO JPY50 25,000.00 222,808.32 213,532.51
MINERALS TECHNOLOGIES INC COMMON STOCK 10,100.00 358,167.82 395,162.50
MINNESOTA MINING AND MANUFACTURING CO., 29,256.68 1,415,480.44 2,450,246.95
COMMON STOCK, NO PAR
MINNESOTA POWER & LIGHT CO., COMMON 460.00 13,154.78 12,937.50
STOCK, NO PAR
MISSISSIPPI CHEM CORP COM NEW 8,500.00 174,045.15 215,687.50
MITSUBISHI CORP Y50 52,000.00 614,722.18 603,163.45
MITSUBISHI HVY IND Y50 183,000.00 1,261,999.89 1,495,518.45
</TABLE>
-438-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MITSUBISHI PAPER JPY50 9,000.00 66,939.40 42,073.81
MITSUI FUDOSAN JPY50 62,000.00 755,507.05 735,500.88
MITSUI PETROCH. CO Y50 6,000.00 47,389.99 34,428.82
ML BANCORP INC COM STK 10,800.00 122,283.00 158,619.60
MLP CEDAR FAIR L.P. DEPOSITORY UNIT 203.39 7,463.96 7,449.16
MASTER LIMITED PARTNERSHIP
MOBIL CORP. COMMON STOCK, $3.75 PAR 17,800.00 1,318,449.66 2,153,800.00
MONDAVI ROBERT CORP CL A COMMON STOCK 20,150.00 391,882.66 735,475.00
MONEY STORE INC COMMON STOCK 31,887.00 157,230.06 964,581.75
MONSANTO CO., COMMON STOCK, $2 PAR 113,100.00 2,804,448.81 4,495,725.00
MONTANA POWER CO., COMMON STOCK, 17,200.00 373,419.00 369,800.00
NO PAR
MOOG, INC., CLASS A COMMON STOCK, $1 150.00 3,612.75 3,600.00
PAR
MOORE CORP., LTD. - CORPORATION MOORE, 4,500.00 89,355.96 94,500.00
LTEE, COMMON STOCK, NO PAR
MORGAN CRUCIBLE CO ORD GBP0.25 130,000.00 762,910.48 998,269.29
MORGAN HYDROCARBONS INC COMMON STOCK 3,249.00 0.00 0.00
MORGAN STANLEY GROUP INC., COMMON STOCK 42,600.00 1,872,936.17 2,561,325.00
MORGAN, J. P., & CO., INC., COMMON STOCK 24,124.62 1,502,574.19 2,276,761.01
$2.50 PAR
MORRISON KNUDSEN CORP NEW COMMON STOCK 500.00 4,891.49 4,500.00
MORTON INTL INC IND COMMON STOCK 6,400.00 139,829.88 258,400.00
MOSSIMO INC COMMON STOCK 500.00 13,487.52 7,625.00
MOTOROLA INC., COMMON STOCK, $3 PAR 53,679.41 1,985,808.31 2,972,497.33
MUELLER INDS INC. COMMON STOCK 6,500.00 211,927.50 254,312.50
MULTI PURP HLDGS SUB RIGHTS FOR 3PCT ICU 69,000.00 0.00 0.00
MULTI-CORP INC COMMON STOCK 600.00 4,768.13 3,300.00
MULTI-PURPOSE HLDG MYR1 69,000.00 120,463.36 133,768.55
MUNCHENER RUCKVERS REGD DEM100 VINK(DEM5 194.00 253,185.53 466,352.22
MURATA MFG CO JPY50 39,000.00 1,291,527.86 1,333,128.30
MURPHY OIL CORP. COMMON STOCK, $1 PAR 25,100.00 1,094,094.87 1,280,100.00
MUTUAL RISK MANAGEMENT, LTD., COMMON 11,200.00 241,067.60 373,800.00
STOCK
MVSI INC CL A WT EXP 2000 1,600.00 15,327.68 7,600.00
</TABLE>
-439-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MYLAN LABORATORIES INC., COMMON STOCK, 650.00 12,798.49 9,587.50
$.50 PAR
MYLEX CORP COMMON STOCK $.01 PAR 400.00 8,055.27 5,000.00
MYRIAD GENETICS INC COMMON STOCK 200.00 4,350.79 5,100.00
NABORS INDUSTRIES INC., COMMON STOCK 25,940.00 226,582.73 502,587.50
NACCO INDUSTRIES INC., CLASS A, COMMON 400.00 18,321.78 19,100.00
STOCK
NALCO CHEMICAL CO., COMMON STOCK, $.75 18,000.00 543,613.14 686,250.00
PAR
NAT WEST ORD GBP1 132,662.00 935,599.61 1,534,753.53
NATIONAL AUST BANK AUD1 4,151.00 37,851.58 51,726.07
NATIONAL CITY CORP. COMMON STOCK, $4 10,000.00 317,221.02 463,750.00
PAR
NATIONAL COMMERCE BANCORPORATION, 400.00 13,537.51 14,600.00
COMMON STOCK, $2 PAR
NATIONAL DATA CORP. COMMON STOCK, 32,300.00 575,479.14 1,287,962.50
$.125 PAR
NATIONAL FUEL GAS CO., COMMON STOCK, 8,700.00 256,761.54 370,837.50
$10 PAR
NATIONAL GRID GRP ORD GBP0.10 9,607.00 30,374.54 31,639.68
NATIONAL MUTUAL HL AUD0.50 13,000.00 18,769.97 18,317.02
NATIONAL PRESTO INDUSTRIES, INC., 1,200.00 49,118.26 44,250.00
COMMON STOCK, $1 PAR
NATIONAL PROCESSING INC COMMON STOCK 36,780.00 661,206.80 662,040.00
NATIONAL REGISTRY INC COMMON STOCK 4,000.00 7,316.76 7,360.00
NATIONAL SEMICONDUCTOR CORP., COMMON 36,400.00 598,860.14 891,800.00
STOCK, $.50 PAR
NATIONAL SERVICE INDUSTRIES, INC., 17,200.00 627,191.08 602,000.00
COMMON STOCK, $1 PAR
NATIONAL STEEL CORP CL B COMMON STOCK 7,600.00 73,775.48 71,250.00
NATIONAL SURGERY CTRS INC COMMON STOCK 30,600.00 401,861.38 971,550.00
NATIONAL TECHTEAM INC COMMON STOCK 30,680.00 728,773.82 671,125.00
$0.001 PAR
NATIONAL-OILWELL INC COMMON STOCK 32,500.00 552,500.00 918,125.00
NATIONSBANK CORP COMMON STOCK 35,471.00 2,497,259.04 3,675,682.38
NATL HOUSE IND CO Y50 2,000.00 37,167.97 28,646.75
NAUTICA ENTERPRISES INC COM STK 26,320.00 500,511.16 842,240.00
</TABLE>
-440-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
NAVISTAR INTL CORP NEW COMMON STOCK 3,400.00 80,028.59 32,300.00
NCI BUILDING SYSTEMS INC 4,600.00 151,836.50 132,250.00
NEC CORP Y50 23,000.00 243,184.19 278,910.37
NEIMAN MARCUS GROUP INC., COMMON STOCK 11,100.00 382,264.00 385,725.00
NEOGEN CORP COMMON STOCK 3,200.00 23,203.28 22,000.00
NEORX CORP COM STOCK PAR $0.02 26,300.00 176,139.33 124,925.00
NESTLE SA CHF10(REGD) 1,250.00 1,016,922.24 1,358,174.00
NETCOM ON LINE COMMUNICATOIN SVCS INC 200.00 4,577.13 3,450.00
COMMON STOCK
NETSCAPE COMMUNICATIONS CORP COMMON 18,680.00 920,279.00 1,043,745.00
STOCK
NEUROGEN CORP COMMON STOCK 29,400.00 521,887.79 543,900.00
NEVADA POWER CO., COMMON STOCK, $1 PAR 13,100.00 267,970.98 268,550.00
NEW ENGLAND ELECTRIC SYSTEM, COMMON 16,600.00 555,726.25 568,550.00
STOCK, $1 PAR
NEW GERMANY FD INC COMMON STOCK 100.00 1,435.73 1,450.00
NEW PLAN REALTY TRUST, SHARES OF 1,403.26 29,952.98 32,274.98
BENEFICIAL INTEREST, NO PAR
NEW WORLD DEVEL CO HK>1 36,342.00 145,721.86 245,585.81
NEW YORK BANCORP INC. COMMON STOCK 2,700.00 53,571.80 92,137.50
$0.001 @ PAR
NEW YORK STATE ELECTRIC & GAS CORP., 22,809.48 537,992.62 493,255.01
COMMON STOCK, $6.66 2/3 PAR
NEW YORK TIMES CO., CLASS A, COMMON 4,400.00 123,260.77 164,450.00
STOCK, $.10 PAR
NEWBRIDGE NETWORKS CORP COMMON STOCK 100.00 3,112.00 2,975.00
NEWELL CO COMMON STOCK 7,158.00 139,516.99 221,898.00
NEWFIELD EXPL CO COM STK 4,600.00 128,108.30 230,575.00
NEWMONT GOLD CO., COMMON STOCK 100.00 5,262.00 4,637.50
NEWMONT MINING CORP. COMMON STOCK, 5,143.00 206,549.68 246,221.13
$1.60 PAR
NEWS CORPORATION AUD0.50(AUST LISTING) 133,065.00 309,359.78 708,772.54
NEXSTAR PHARMACEUTICALS INC COM PAR .01 300.00 5,491.64 4,200.00
NEXTEL COMMUNICATIONS INC CL A COM STK 1,000.00 15,355.16 15,000.00
NGC CORP COM 15,400.00 227,520.87 334,950.00
</TABLE>
-441-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
NIAGARA MOHAWK POWER CORP., COMMON 70,600.00 658,233.24 617,750.00
STOCK, $1 PAR
NICHIEI CO Y50(OTC LISTING)8577 5,000.00 322,223.52 348,418.28
NICOR, INC., COMMON STOCK, $5 PAR 12,600.00 358,801.99 464,625.00
NIKE INC., CLASS B COMMON STOCK, 13,690.00 262,692.42 778,618.75
NIKON CORP JPY50 63,000.00 745,193.76 769,507.91
NINE WEST GROUP INC COMMON STOCK 15,900.00 840,527.92 753,262.50
NINTENDO CO JPY50 12,000.00 785,927.82 848,857.64
NIPPON HODO CO Y50 3,000.00 58,368.19 35,852.37
NIPPON STEEL CORP JPY50 61,000.00 210,170.43 184,393.67
NIPPON TEL&TEL CP JPY50000 14.10 121,381.97 100,608.08
NIPSCO INDS INC COMMON STOCK 7,900.00 309,745.50 306,125.00
NISHIMATSU CONS CO Y50 45,000.00 525,414.49 419,156.41
NOBEL EDUCATION DYNAMICS INC NEW 200.00 3,017.92 2,000.00
NOBLE DRILLING CORP., COMMON STOCK 53,700.00 702,579.22 1,033,725.00
NOEPROBE CORP COMMON STOCK 100.00 1,705.00 1,425.00
NOKIA (AB) OY FIM5 SER A 14,270.00 479,198.77 795,589.69
NOMURA SECURITIES Y50 12,000.00 228,829.71 202,460.46
NOODLE KIDOODLE INC COM 1,000.00 7,716.73 5,875.00
NORAM ENERGY CORP COMMON STOCK 6,200.00 77,334.94 96,100.00
NORDSON CORP., COMMON STOCK, $1 PAR 401.89 23,762.24 21,903.01
NORDSTROM, INC., COMMON STOCK, 39,990.00 1,320,273.07 1,739,565.00
NO PAR
NORFOLK SOUTHERN CORP., COMMON STOCK, 5,700.00 314,345.67 513,000.00
NO PAR
NORRELL CORP GA COMMON STOCK 4,600.00 70,775.60 106,375.00
NORSK HYDRO AS NOK20 5,208.00 178,167.63 262,620.30
NORTH FACE INC COMMON STOCK 32,800.00 573,244.10 725,700.00
NORTHEAST UTILITIES, COMMON STOCK, 27,900.00 344,688.02 331,312.50
$5 PAR
NORTHERN STATES POWER CO., MINN., 3,100.00 124,871.98 146,087.50
COMMON STOCK, $5 PAR
NORTHERN TELECOM LTD., COMMON STOCK, 24,700.00 936,748.25 1,624,025.00
NO PAR
NORTHFIELD LABORATORIES INC COMMON STOCK 300.00 6,435.05 3,937.50
</TABLE>
-442-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
NORTHROP GRUMAN CORP COM 2,600.00 115,961.88 216,125.00
NORTHWEST AIRLS CORP CL A COM STK PAR 74,000.00 2,380,802.75 2,987,750.00
$0.01
NORTHWEST NATURAL GAS CO., COMMON STOCK, 3,000.00 71,518.42 75,000.00
$3-1/6 PAR
NORWEST CORP., COMMON STOCK, $1 2/3 PAR 66,800.00 1,350,061.77 3,122,900.00
NOVA CORP GA COMMON STOCK 24,330.00 630,262.95 462,270.00
NOVACARE INC., COMMON STOCK 940.00 8,907.87 7,990.00
NOVADIGM INC COMMON STOCK 1,100.00 29,582.58 11,412.50
NOVELL INC., COMMON STOCK 20,000.00 412,898.95 220,000.00
NOVELLUS SYSTEM INC COMMON STOCK 8,050.00 457,907.45 462,875.00
NOVEN PHARMACEUTICALS INC COMMON STOCK 3,475.00 49,711.13 46,912.50
NOVOSTE CORP COMMON STOCK 100.00 1,524.50 1,425.00
NUCOR CORP. COMMON STOCK, $.40 PAR 4,000.00 129,654.73 217,500.00
NUEVO ENERGY CO COMMON STOCK 4,100.00 115,344.50 205,000.00
NUI CORP COMMON STOCK 2,800.00 48,887.16 56,000.00
NUTEK INC COM STK 250.00 234.00 110.00
NUTRICIA VER BEDRJ CVA(PART-EXCH)NLG2.50 550.00 19,267.46 84,769.94
NUTRITION FOR LIFE INTL INC COMMON STOCK 800.00 11,898.19 10,200.00
NYNEX CORP., COMMON STOCK 47,700.00 2,116,873.20 2,212,087.50
O/SEAS UNION BK SGD1(ALIEN MKT) 20,000.00 121,834.29 146,885.81
OAK TECHNOLOGY INC COMMON STOCK 500.00 3,948.42 4,937.50
OAKLEY INC COMMON STOCK 39,200.00 862,250.08 543,900.00
OAKWOOD HOMES CORP., COMMON STOCK, $.50 100.00 2,572.76 2,212.50
PAR
OCCIDENTAL PETROLEUM CORP., COMMON STOCK 14,700.00 333,336.48 352,800.00
$.20 PAR
OCEANEERING INTERNATIONAL INC COMMON 41,790.00 724,931.13 694,758.75
STOCK $.25 PAR
OCTUS INC COM STK 5,000.00 2,314.00 650.00
OFFICEMAX INC COMMON STOCK 100,700.00 1,537,245.08 1,460,150.00
OFFSHORE LOGISTICS COMMON STOCK NP 10,500.00 183,349.95 210,000.00
OHIO EDISON CO., COMMON STOCK, $9 PAR 6,900.00 147,237.16 158,700.00
OILGEAR CO COMMON STOCK 50.00 871.85 750.00
</TABLE>
-443-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
OLD REPUBLIC INTERNATIONAL CORP., 20,250.00 338,060.62 549,281.25
COMMON STOCK, $1 PAR
OLSTEN CORP., COMMON STOCK, $.10 PAR 2,500.00 37,664.25 34,062.50
OLYMPIC FINL LTD COMMON STOCK 53,300.00 1,045,703.77 739,537.50
OLYMPIC STL INC COMMON STOCK 3,900.00 62,721.75 94,087.50
OM GROUP INC COM STK 1,400.00 49,378.00 58,100.00
OMI CORP., COMMON STOCK, $.50 PAR 123,500.00 864,500.00 941,687.50
OMNIPOINT CORP COM STK 39,200.00 919,762.69 1,029,000.00
ONBANCORP INC., COMMON STOCK 4,100.00 102,444.50 158,875.00
ONCOGENE SCIENCE, INC., COMMON STOCK 84,600.00 772,821.00 581,625.00
ONEOK INC., COMMON STOCK, NO PAR 9,600.00 239,860.48 264,000.00
ONO PHARMACEUTICAL JPY50 8,000.00 333,691.15 251,669.60
ORACLE CORPORATION COM 42,050.00 892,187.11 2,060,450.00
ORBITAL SCIENCES CORP COMMON STOCK 10,100.00 145,811.40 195,687.50
OREGON METALLURGICAL CORP., COMMON STOCK 9,600.00 261,953.07 340,800.00
$1 PAR
OREGON STEEL MILLS INC. COMMON STOCK 12,400.00 163,448.00 212,350.00
ORION CAPITAL CORP., COMMON STOCK, 3,400.00 162,126.00 212,075.00
$1 PAR
ORKLA A/S NOK25'A' 16,180.00 664,123.04 1,079,456.93
ORKLA ASA NOK25'B' 4,000.00 175,778.49 244,103.94
OROPERU RES INC COMMON STOCK 3,000.00 5,080.00 5,100.00
ORTHODONTIC CENTERS OF AMER COMMON STOCK 6,400.00 49,232.00 80,800.00
ORYX ENERGY CO COMMON STOCK 49,800.00 859,086.33 1,033,350.00
OTRA NV NLG2 870.00 19,886.41 15,033.49
OWENS CORNING COMMON STOCK 2,300.00 73,059.54 98,612.50
OXFORD HEALTH PLANS INC COMMON STOCK 33,900.00 1,211,749.09 1,966,200.00
P P & L RES INC COM 7,300.00 185,612.07 166,987.50
PACCAR INC., COMMON STOCK, $12 PAR 1,755.00 74,322.06 116,707.50
PACIFIC ANIMATED IMAGING CORP COM NEW 300.00 4,321.47 4,164.00
PACIFIC ENTERPRISES COMMON STOCK 28,300.00 796,770.20 866,687.50
PACIFIC SCIENTIFIC CO., COMMON STOCK, 200.00 2,514.49 2,300.00
$1 PAR
PACIFIC TELESIS GROUP, COMMON STK 57,400.00 1,535,651.02 2,123,800.00
</TABLE>
-444-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
PACIFICORP, COMMON STOCK, $3.25 PAR 67,300.00 1,409,224.63 1,413,300.00
PAIRGAIN TECHNOLOGIES INC COM STK 200.00 12,044.25 12,775.00
PALL CORP. COMMON STOCK, $.25 PAR 5,233.00 91,773.01 136,712.13
PANAMER BEVERAGES CLASS'A'COM USD0.01 1,450.00 59,711.27 67,787.50
PANAMSAT CORP COMMON STOCK 2,500.00 72,285.21 71,875.00
PANENERGY CORP COMMON STOCK 6,925.00 156,159.49 304,700.00
PAO DE ACUCAR CBD GDR-REPR 1000 PREF(REG 1,450.00 25,284.38 24,287.50
PARAGON TRADE BRANDS INC COMMON STOCK 3,800.00 96,026.00 105,450.00
PARAMOUNT FINL CORP COM STK 4,000.00 22,240.00 4,240.00
PAREXEL INTL CORP COM STK 15,800.00 556,950.00 817,650.00
PARK ELECTROCHEMICAL CORP., COMMON 6,400.00 139,915.45 145,600.00
STOCK, $.10 PAR
PARKER & PARSLEY PETE CO. DEL, COMMON 44,300.00 1,076,946.68 1,461,900.00
STOCK
PARKER DRILLING CO., COMMON STOCK, 97,900.00 580,606.83 917,812.50
$.33 1/3 PAR
PARKER-HANNIFIN CORP., COMMON STOCK, 8,950.00 182,539.21 363,593.75
NO PAR
PARTNERRE HOLDING LTD COM STK 100.00 3,124.50 3,250.00
PATHE FRF100 317.00 53,784.88 74,051.24
PATTERSON DENTAL CO COM 4,450.00 124,977.39 116,812.50
PAXAR CORP COMMON STOCK $0.10 PAR 5,500.00 71,088.00 92,812.50
PAYCHEX INC., COMMON STOCK 210.99 8,992.56 11,287.97
PECHINEY 'A'FRF100(ORD) 15,253.00 530,022.48 613,613.01
PECO ENERGY CO COMMON STOCK 32,000.00 830,957.87 816,000.00
PEGASUS GOLD INC., COMMON STOCK 700.00 10,726.83 6,562.50
PENCORP FINL GROUP INC 19,700.00 560,877.25 677,187.50
COM
PENN NATL GAMING INC COMMON STOCK 8,700.00 92,553.50 330,600.00
PENNEY, J.C. CO., INC., COMMON STOCK, 39,204.12 1,770,178.07 2,107,221.45
$.50 PAR
PENNZOIL CO., COMMON STOCK, 2,100.00 123,593.12 118,125.00
$.83 1/3 PAR
PENSKE MOTORSPORTS INC COMMON STOCK 1,000.00 32,216.03 30,625.00
PEOPLES ENERGY CORP., COMMON STOCK, NO 9,550.00 304,272.11 346,187.50
PAR
</TABLE>
-445-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
PEOPLESOFT, INC, COM 24,600.00 1,236,320.27 2,250,900.00
PEP BOYS-MANNY, MOE & JACK, COMMON 2,800.00 65,116.20 102,550.00
STOCK, $1 PAR
PEPSICO, INC., COMMON STOCK, $.05 PAR 94,000.02 1,892,833.94 2,808,250.60
PERCEPTRON SENSING THE FUTURE COMMON 3,300.00 61,895.74 114,262.50
STOCK $0.01 PAR
PEREZ COMPANC SA 'B'ARS1 10,980.00 49,337.45 75,133.25
PERKIN-ELMER CORP., COMMON STOCK, $1 PAR 2,000.00 69,333.32 123,250.00
PERRIGO CO COMMON STOCK 100.00 966.15 925.00
PERSONNEL GROUP OF AMER INC COMMON STOCK 46,300.00 756,648.73 1,047,537.50
PETCO ANIMAL SUPPLIES INC COMMON STOCK 4,750.00 104,455.00 103,906.25
PETSMART INC COMMON STOCK 34,300.00 332,688.56 874,650.00
PFIZER INC., COMMON STOCK, $.11 1/9 PAR 80,881.30 4,435,973.39 7,248,986.51
PHARMACEUTICAL MARKETING SVCS INC 950.00 11,142.55 9,025.00
COMMON STOCK
PHARMACIA & UPJOHN INC COM 38,950.00 1,079,840.17 1,504,443.75
PHELPS DODGE CORP., CAPITAL STOCK, 18,100.00 1,043,047.05 1,314,512.50
$6.25 PAR
PHILIP MORRIS COMPANIES INC., COMMON 128,110.00 9,919,579.12 13,211,343.75
STOCK, $1 PAR
PHILIPPINE LNG DIS SPON ADR-REP 1 COM PH 12,100.00 728,477.92 695,750.00
PHILIPPINE NATL BK PHP100 6,200.00 91,596.16 77,246.44
PHILIPS ELECTRONIC NLG10(NY REGD) 23,000.00 826,383.84 931,500.00
PHILIPS ELECTRONIC NLG10 4,500.00 139,953.37 181,873.53
PHILLIPS PETROLEUM CO. COMMON STOCK, 11,900.00 314,929.79 536,987.50
$1.25 PAR
PHOENIX INFORMATION SYS CORP COMMON 1,281.00 4,664.80 2,728.53
STOCK
PHYCOR INC COMMON STOCK 14,400.00 408,642.55 465,292.80
PHYSICIAN COMPUTER NETWORK INC., COMMON 7,000.00 63,726.00 57,750.00
STOCK
PHYSICIAN SALES & SVC INC COMMON STOCK 42,050.00 703,750.52 851,512.50
PHYSICIANS RELIANCE NETWORK COMMON STOCK 200.00 5,330.00 1,400.00
PIEDMONT NATURAL GAS CO., INC., COMMON 5,100.00 120,443.70 128,137.50
STOCK, $.50 PAR
PIER I IMPORTS, INCORPORATED 20,800.00 269,501.50 283,400.00
COMMON STOCK $.20 PAR
</TABLE>
-446-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
PIERCING PAGODA INC COMMON STOCK 200.00 3,118.52 4,650.00
PINAULT PRINTEMPS FRF100 654.00 117,887.92 260,342.74
PINNACLE WEST CAPITAL CORP COMMON STOCK 21,300.00 585,610.04 662,962.50
PIONEER ELEC JPY50 6,000.00 168,525.01 129,173.99
PIONEER FINANCIAL SERVICES INC., COMMON 5,300.00 88,881.00 98,050.00
STOCK
PIONEER HI-BRED INTERNATIONAL, INC., 3,700.00 147,008.83 258,075.00
COMMON STOCK, $1 PAR
PITNEY BOWES INC., COMMON STOCK, $2 PAR 6,700.00 220,016.16 395,300.00
PITTWAY CORP., CLASS A COMMON STOCK 200.00 8,454.39 10,800.00
PIXAR COMMON STOCK 7,700.00 129,042.12 115,500.00
PLACER DOME INC., COMMON STOCK 10,820.00 183,340.49 255,622.50
PLANET HOLLYWOOD INTL INC CL A COMMON 1,000.00 27,143.46 23,000.00
STOCK
PLANTRONICS INC COMMON STOCK NEW 1,600.00 58,632.00 65,200.00
PLASMA & MATLS TECHNOLOGIES INC COM STK 1,500.00 29,577.21 23,250.00
PLAYBOY ENTERPRISES, INC., CLASS B 4,600.00 58,742.00 54,625.00
PLAYERS INTL INC COMMON STOCK $0.005 1,000.00 11,642.32 6,500.00
PMI GROUP INC COMMON STOCK 42,900.00 1,871,456.62 2,488,200.00
PMR CORP COMMONS STK PAR VALUE $.01 42.00 1,033.78 1,113.00
PMT SERVICES INC COM STK 49,230.00 369,225.00 1,052,291.25
PNC BANK CORP COMMON 15,400.00 416,676.22 608,300.00
POHANG IRON&STEEL KRW5000 1,675.00 89,470.61 110,690.03
POLAROID CORP., COMMON STOCK, $1 PAR 2,006.00 67,469.37 85,505.75
POLYGRAM NV NLG0.50 3,768.00 164,228.95 181,566.67
POLYMER GROUP INC COMMON STOCK 46,000.00 804,359.55 592,250.00
POTLATCH CORP. COMMON STOCK, $1 PAR 10,600.00 393,426.92 469,050.00
POWERGEN ORD GBP0.50 72,712.00 587,858.87 709,245.31
PPG INDUSTRIES INC., COMMON STOCK, 8,400.00 267,433.33 514,500.00
$1.66 2/3 PAR
PRAKTIKER BAU UND DEM5 652.00 22,511.30 13,064.60
PRAXAIR INC COMMON STOCK 39,000.00 1,355,641.28 1,896,375.00
PRECISION CASTPARTS CORP., COMMON 9,600.00 416,777.68 450,000.00
STOCK, NO PAR
</TABLE>
-447-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
PREMARK INTERNATIONAL, INC. COMMON STOCK 34,600.00 662,758.00 839,050.00
PREMISYS INC COMMUNICATIONS COMMON STOCK 200.00 9,848.24 10,325.00
PRENTISS PTTYS TR COMMON STOCK 12,500.00 250,448.00 279,687.50
PRESSTEK INC COMMON STOCK $0.01 PAR 1,530.00 106,938.71 108,630.00
PRICE/COSTCO INC COM STK 9,600.00 177,671.65 223,200.00
PRICELLULAR CORP COMMON STOCK 5,250.00 54,159.00 57,750.00
PRIDE PETE SVCS INC COMMON STOCK 46,430.00 707,161.35 841,543.75
PRIMAGAZ C/WTS 30/6/98(PRIMAGAZ)F365 51.00 0.00 1,074.18
PRIMAGAZ FRF10 561.00 32,446.63 62,302.30
PRIMARK CORP., COMMON STOCK 5,850.00 94,323.00 153,562.50
PRIME SVC INC COMMON STOCK 31,970.00 764,546.60 879,175.00
PRINS RECYCLING CORP COM STK 516.00 2,885.40 274.00
PRINTRONIX INC COMMON STOCK N.P. 1,500.00 20,943.71 20,812.50
PROCTER & GAMBLE CO., COMMON STOCK, NO 39,194.63 2,140,373.61 4,262,416.01
PAR
PROGINET CORP COM STK 2,000.00 9,410.00 7,000.00
PROGRESSIVE CORP., OHIO, COMMON STOCK, 21,900.00 1,385,860.34 1,527,525.00
$1 PAR
PROJECT SOFTWARE & DEV INC COMMON STOCK 4,700.00 155,369.00 195,050.00
PROMUS HOTEL CORP COM 12,900.00 436,989.60 416,025.00
PROTECTIVE LIFE CORP., COMMON STOCK 21,850.00 793,339.55 887,656.25
PROVIDENT BANCORP, INC., COMMON STOCK, 1,650.00 51,722.00 86,212.50
NO PAR (NEW)
PROVIDENT BANKSHARES CORP COMMON STOCK 3,465.00 103,570.50 133,835.63
PROVIDENT COS INC COM 11,300.00 428,163.57 473,187.50
PROVIDIAN CORP COMMON STOCK 4,200.00 127,492.08 224,700.00
PROXIM CORP COMMON STOCK 200.00 4,828.62 3,800.00
PUBLIC SERVICE CO. OF NEW MEXICO, 13,900.00 275,412.50 265,837.50
COMMON STOCK, $5 PAR
PUBLIC SERVICE ENTERPRISE GROUP INC., 11,000.00 308,033.16 314,875.00
COMMON STOCK
PUBLISHING & BROAD AUD1 9,150.00 38,038.15 43,073.90
PULITZER PUBLISHING CO COMMON STOCK 1,065.99 40,690.43 48,502.55
PULTE CORP COMMON STOCK 1,100.00 23,361.43 33,687.50
</TABLE>
-448-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
PVTPL GENERAL ENVIRONMENTAL CORP COMMON 20,000.00 11,087.96 4,000.00
STOCK
PVTPL NEW HOLLAND N V COMMON STOCK 30,200.00 649,086.40 607,775.00
QUAKER OATS COMPANY, COMMON STOCK, 6,100.00 177,903.33 240,187.50
$5 PAR
QUAKER STATE CORP CAPITAL STOCK $1.25% 9,200.00 129,353.00 157,550.00
PAR
QUALCOMM INC COMMON STOCK 500.00 20,746.79 21,000.00
QUANEX CORP., COMMON STOCK, $5 PAR 7,600.00 172,259.50 203,300.00
QUANTUM CORP., COMMON STOCK 600.00 10,428.12 16,050.00
QUARTERDECK CORP FORMERLY QUARTERDECK 1,000.00 5,960.30 6,625.00
OFFICE SYS TO 02-23-1995 COM
QUEENS CNTY BANCORP INC COMMON STOCK 2,533.00 55,605.76 119,051.00
QUESTAR CORP., COMMON STOCK, $5 PAR 5,700.00 194,569.50 223,012.50
QUICKTURN DESIGN SYS INC COM STK 7,300.00 102,269.37 125,012.50
QUIGLEY CORP COMMON STOCK 2,200.00 11,960.00 17,875.00
QUINTILES TRANSNATIONAL CORP COMMON 37,250.00 2,036,485.51 2,253,625.00
STOCK
QUIXOTE CORP., COMMON STOCK, $.01 2/3 700.00 5,006.18 6,387.50
PAR
QUORUM HEALTH GROUP INC COMMON STOCK 6,700.00 147,099.00 188,437.50
RAC FINL GROUP INC COM STK 9,600.00 445,215.77 516,000.00
RADISYS CORP COM STK 6,300.00 225,058.50 288,225.00
RAILAMERICA INC COMMON STOCK 600.00 2,463.72 3,075.00
RAINFOREST CAFE INC COMMON STOCK 2,550.00 74,157.44 74,587.50
RALSTON-RALSTON PURINA GROUP 4,800.00 225,806.09 367,200.00
RANK GROUP ORD GBP0.10 19,260.00 123,850.60 140,777.65
RATIONAL SOFTWARE CORP COM NEW 49,400.00 1,494,098.16 1,741,350.00
RAYCHEM CORP. COMMON STOCK, NO PAR 13,000.00 387,269.01 1,108,250.00
RAYONIER INC COMMON STOCK 11,000.00 404,559.20 426,250.00
RAYTHEON CO., COMMON STOCK, $1.25 PAR 10,700.00 289,544.75 547,037.50
READ-RITE CORP COMMON STOCK 4,700.00 84,695.69 103,987.50
READING & BATES CORP COMMON STOCK NEW 24,900.00 349,095.44 722,100.00
RED BRICK SYS INC COMMON STOCK 300.00 16,255.83 7,050.00
REEBOK INTERNATIONAL, COMMON STOCK 2,933.00 87,339.21 111,454.00
</TABLE>
-449-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
REED INT'L ORD 25P 22,000.00 286,535.56 426,041.37
REGAL CINEMAS INC COMMON INC 22,800.00 441,761.86 743,850.00
RELIANCE BANCORP INC COM PAR $9.625 6,500.00 90,723.65 121,875.00
RELIANCE GROUP HOLDINGS INC., COMMON 66,100.00 494,138.36 594,900.00
STOCK
RELIANCE STL & ALUM CO COMMON STOCK 1,600.00 48,919.50 60,000.00
RELIASTAR FINL CORP COM 8,500.00 392,810.93 473,875.00
REMEDY CORP COMMON STOCK 9,000.00 137,310.00 407,250.00
RENAL TREATMENT CTRS INC COM STK 12,800.00 193,316.75 332,800.00
RENAULT(REGIE NTL FRF25 21,000.00 617,808.41 498,602.23
RENO AIR, INC., COMMON STOCK 300.00 4,115.63 2,395.20
RENONG BERHAD MYR0.50 69,000.00 107,261.36 127,216.62
RENONG BERHAD 4% ICULS 21/5/2001 MYR1 13,600.00 5,453.09 5,703.66
RENTERS CHOICE INC COMMON STOCK 7,700.00 184,078.98 140,525.00
REPAP ENTERPRISES COMMON 900.00 3,737.25 3,487.50
REPSOL SA ESP500 4,144.00 137,422.61 153,440.00
REPUBLIC IND INC COMMON STOCK 560.00 15,036.69 18,690.00
REPUBLIC NEW YORK CORP., COMMON STOCK 20,500.00 1,080,667.13 1,809,125.00
RESORTS WORLD BHD MYR0.50 14,000.00 74,652.89 70,346.19
REUTERS HOLDINGS ORD GBP0.025 42,000.00 443,674.41 509,888.60
REX STORES CORP COMMON STOCK 100.00 1,118.45 975.00
REXALL SUNDOWN INC COMMON STOCK 600.00 19,059.35 15,225.00
REXEL FRF20 265.00 37,815.04 79,054.49
REXEL INC COM 12,100.00 168,129.50 167,887.50
REYNOLDS METALS CO., COMMON STOCK, NO 2,900.00 147,869.62 172,550.00
PAR
RFS HOTEL INVS INC COMMON STOCK 35,000.00 612,464.00 586,250.00
RHON-KLINIKUM AG DEM5 843.00 42,157.32 87,749.66
RHONE-POULENC SA SPON ADR-REP 1 SH SER A 10,261.00 255,570.63 332,199.88
RIGGS NATIONAL CORP., COMMON STOCK 5,600.00 66,556.00 96,947.20
$2.50 PAR
RIGHTCHOICE MANAGED CARE INC CL A COMMON 100.00 1,667.50 912.50
STOCK
RINASCENTE SPA WT(PUR ORD)30/11/99 210.00 0.00 98.42
</TABLE>
-450-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
RINASCENTE(LA) ITL1000 4,200.00 28,189.93 24,397.33
RITE AID CORP., COMMON STOCK, $1 PAR 3,800.00 82,273.34 150,575.00
RJR NABISCO HLDGS CORP COM NEW 15,800.00 422,936.70 505,600.00
RMI TITANIUM CO 37,400.00 725,067.00 869,550.00
RMS TITANIC INC COM 5,000.00 5,200.00 3,150.00
ROADWAY EXPRESS INC DEL COM STK 6,900.00 102,988.02 113,850.00
ROBERT HALF INTERNAT'L INC COMMON STOCK 22,600.00 525,394.56 841,850.00
REG
ROCHE HLDG AG GENUSSCHEINE(PTG CERTS) NP 39.00 191,815.18 300,069.11
ROCK BOTTOM RESTARANTS INC COMMON STOCK 960.00 11,173.76 9,120.00
ROGERS COMM COMN STOCK CLASS B 30,000.00 294,177.92 228,750.00
ROHM & HAAS CO., COMMON STOCK, 11,600.00 682,773.25 923,650.00
$2.50 PAR
ROHM CO JPY50 7,000.00 416,537.68 430,579.96
ROLLS-ROYCE ORD 20P 10,777.00 28,293.20 46,448.68
ROWAN COMPANIES, INC., COMMON STOCK, 3,900.00 36,433.68 92,137.50
$.125 PAR
ROYAL BANK CANADA COM NPV 28,950.00 668,269.07 1,070,869.66
ROYAL DUTCH PETE CO 31,300.00 2,830,903.08 5,317,087.50
N.Y. REGISTRY SH PAR N 5 GLDR
ROYAL DUTCH PETROL NLG5(BR) 3,398.00 369,278.32 572,983.33
ROYAL OAK MINES INC 26,100.00 108,977.61 94,612.50
RTZ CORP ORD 10P(REGD) 85,101.00 1,177,315.90 1,431,386.44
RUBBERMAID INC. COMMON STOCK, $1 PAR 7,000.00 175,924.39 168,000.00
RUSSELL CORP., COMMON STOCK, $.01 PAR 1,700.00 45,846.11 48,875.00
RYAN'S FAMILY STEAK HOUSES, INC., 2,300.00 19,293.30 16,100.00
COMMON STOCK, $1 PAR
RYDER SYSTEM, INC., COMMON STOCK, 3,700.00 93,158.75 112,387.50
$.75 PAR
SAFECO CORP., COMMON STOCK, $5 PAR 5,900.00 149,352.66 245,587.50
SAFETY-KLEEN CORP., COMMON STOCK, 2,650.00 57,439.56 42,068.75
$.10 PAR
SAFEWAY PLC ORD 25P 21,770.00 85,991.68 142,297.15
SAFRA REPUBLIC HLD USD5 5,000.00 612,845.00 680,000.00
SAGA PETROLEUM NOK15 SER'B' 2,060.00 22,911.89 30,344.64
SALOMON INC., COMMON STOCK $1.00 PAR 4,700.00 173,342.89 214,437.50
</TABLE>
-451-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
SAMSUNG ELECTRONIC GDS-REP 1/2 SH KRW500 62.00 1,737.86 2,588.50
SAMSUNG ELECTRONIC GDR(1/2 VTG SH KRW500 196.00 5,493.87 8,183.00
SAMSUNG ELECTRONIC GDS REP 1/2VTG(RFD 13 76.00 0.00 3,268.00
SAMSUNG ELECTRONIC KRW5000 749.00 104,020.41 57,603.29
SAMSUNG ELECTRONIC NEW KRW5000(RFD-13/3/ 161.00 0.00 11,614.45
SANDOZ AG CHF20(REGD) 768.00 807,594.74 894,024.42
SANDVIK AB 'B'SEK5 3,950.00 64,268.73 97,094.97
SANGETSU CO JPY50 1,000.00 37,271.18 22,144.11
SANKYO CO JPY50 63,500.00 1,492,054.22 1,701,889.28
SANKYO CO LTD NPV(OTC) 12,000.00 441,033.63 383,831.28
SANMINA CORP COMMON STOCK 22,600.00 760,487.75 985,925.00
SANOFI FRF25 972.00 66,975.21 87,101.44
SANTA FE ENERGY RES INC COM STOCK 4,070.00 59,349.62 59,015.00
SANTA FE PAC GOLD CORP COMMON STOCK 7,230.00 86,866.52 83,145.00
SANWA BANK JPY50 35,000.00 699,224.59 578,207.38
SAP AG DEM5 300.00 39,266.51 41,083.86
SAPIENT CORP COMMON STOCK 15,200.00 413,570.40 600,400.00
SARA LEE CORP., COMMON STOCK 22,200.00 517,413.50 871,350.00
SASIB DI RISP ITL1000(NON CNV) 5,884.00 21,824.97 11,205.44
SBC COMMUNICATIONS INC COM 28,300.90 986,758.78 1,489,334.86
SBS TECHNOLOGIES INC COM 200.00 3,219.11 5,375.00
SCAN GRAPHICS INC COMMON STOCK 3,700.00 12,348.00 12,358.00
SCANIA AB ADR-EACH REPR 1ORD 'A' 2,750.00 74,463.95 68,750.00
SCANIA AB ADR-EACH REP 1ORD 'B' 2,750.00 74,463.95 68,750.00
SCAPA GROUP ORD 25P 54,431.00 193,360.60 220,420.26
SCHERING AG DEM5 387.00 23,924.55 31,798.91
SCHERING-PLOUGH CORP. COMMON STOCK, $1 17,004.72 529,133.07 1,211,586.30
PAR
SCHLUMBERGER LTD. COMMON STOCK, $1 PAR 11,200.00 660,306.35 1,164,800.00
SCHNEIDER SA FF 50 (REGD) 1,670.00 79,864.77 79,461.38
SCHULLER CORP COM 12,500.00 117,699.76 120,312.50
SCHW BANKVEREIN CHF50(REGD) 3,110.00 347,009.10 614,931.28
</TABLE>
-452-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
SCHWAB CHARLES CORP COMMON STOCK NEW 40.22 977.63 1,211.63
SCHWEITZER-MAUDUIT INTL INC COM 10,300.00 294,931.00 339,900.00
SCI SYSTEMS, INC., COMMON STOCK, 14,572.00 572,339.90 768,673.00
$.10 PAR
SCIENTIFIC GAMES HLDGS CORP COM STK 3,300.00 118,680.10 87,037.50
SCIENTIFIC-ATLANTA, INC., COMMON STOCK, 3,500.00 36,540.75 54,250.00
$.50 PAR
SCOTTISH POWER PLC 500.00 2,949.98 2,750.00
SCRIBONA AB 'B'SEK2 1,690.00 8,895.07 18,379.14
SEACOR HLDGS INC COMMON STOCK 10,100.00 511,230.48 638,825.00
SEAGATE TECHNOLOGY, COMMON STOCK, NO 10,080.00 265,432.65 398,160.00
PAR
SEAGRAM CO. LTD. - LA COMPAGNIE 26,900.00 805,855.77 1,099,537.50
SEAGRAM LTEE., COMMON STOCK, NO PAR
SEALED AIR CORP., CAPITAL STOCK, 30,780.00 794,108.47 1,277,370.00
$.01 PAR
SEARS ORD 25P 15,000.00 26,617.09 23,440.26
SEARS, ROEBUCK AND CO. COMMON STOCK, 65,100.00 2,743,979.96 3,238,725.00
$.75 PAR
SEATTLE FILMWORKS INC. COMMON STOCK 2,300.00 48,283.50 45,137.50
$00.001 PAR
SECURITY CAP CORP WIS COM STK 1,400.00 84,550.06 100,100.00
SECURITY DYNAMICS TECHNOLOGIES INC 19,700.00 374,300.00 810,162.50
COMMON STOCK
SECURITY-CONN CORP COM STK PAR $0.01 2,300.00 60,133.50 79,350.00
SEGA ENTERPRISES JPY50 1,700.00 105,083.28 66,625.66
SEI INVESTMENTS CO COM STK 1,204.09 27,179.74 26,947.53
SEKISUI CHEM Y50 13,000.00 129,095.26 143,936.73
SEKISUI HOUSE Y50 117,000.00 1,503,181.83 1,254,305.80
SELECTIVE INSURANCE GROUP, INC., 500.00 13,885.00 16,875.00
COMMON STOCK
SEMTECH CORP., COMMON STOCK, $.01 PAR 1,000.00 8,800.26 17,875.00
SENSHUKAI CO JPY50 800.00 24,624.18 9,771.53
SEOUL BANK KRW5000 4,000.00 43,683.92 21,328.19
SEQUENT COMPUTER SYS INC COMMON STOCK 200.00 2,816.74 3,375.00
SERVICE CORPORATION INTERNATIONAL, 58,000.00 1,380,478.41 1,747,250.00
COMMON STOCK, $1 PAR
</TABLE>
-453-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
SERVICE MERCHANDISE CO., INC., COMMON 2,680.00 14,265.64 14,740.00
STOCK, $1 PAR
SEVEN SEAS PETE INC COMMON STOCK 100.00 818.18 1,875.00
SHANGHAI PETROCHEM 'H'CNY1 232,000.00 67,047.67 60,760.48
SHARED MEDICAL SYSTEMS CORP., COMMON 1,100.00 35,296.82 54,725.00
STOCK, $.01 PAR
SHARP CORP JPY50 12,000.00 189,666.63 187,697.72
SHELL TRANSPORT & TRADING NY SHRS 52.00 4,515.00 5,187.00
NEW COMMON STOCK
SHELL TRNSPT&TRDG ORD 25P(REGD) 19,540.00 218,526.65 324,719.98
SHERWIN-WILLIAMS CO., COMMON STOCK, 3,900.00 108,204.57 221,325.00
$6.25 PAR
SHIN-ETSU CHEM CO Y50 8,000.00 153,654.83 146,221.44
SHINHAN BANK KRW5000 1,600.00 29,454.81 27,755.59
SHISEIDO CO Y50 3,000.00 36,330.24 36,115.99
SHOHKOH FUND & CO JPY50 3,000.00 633,408.15 659,050.97
SHONEY'S, INC., COMMON STOCK, $1 PAR 96,900.00 892,316.46 799,425.00
SHOWBIZ PIZZA TIME INC., COMMON STOCK 1,600.00 25,536.15 26,200.00
NEW
SIAM CEMENT CO THB10(ALIEN MKT) 640.00 27,664.18 22,251.72
SIAM COMMERCIAL BK THB10(ALIEN MKT) 4,100.00 30,963.91 35,637.52
SIDER NACIONAL CIA SPON ADR(REP 1000 ORD 993.00 27,994.76 25,818.00
SIEMENS AG DEM5 9,000.00 399,228.57 433,868.97
SIERRA PACIFIC RESOURCES, COMMON STOCK, 5,300.00 131,818.50 151,712.50
$3.75 PAR
SIERRA SEMI CONDUCTOR COMMON STOCK 350.00 6,167.77 5,031.25
SIGMA-ALDRICH, CORP., COMMON STOCK, $1 2,300.00 92,106.65 143,750.00
PAR
SIGMATRON INTL INC COMMON STOCK 400.00 5,293.86 5,352.00
SIGNET BANKING CORP., COMMON STOCK, $5 10,500.00 257,600.54 317,625.00
PAR
SILICON GRAPHICS INC., COMMON STOCK 13,892.00 395,447.13 276,103.50
SILICON VALLEY GROUP INC., COMMON STOCK 17,100.00 332,059.12 363,375.00
SILVERADO MINES LTD COMMON STOCK NO PAR 3,000.00 1,989.00 1,968.00
SIME DARBY BHD MYR0.50 280,000.00 579,453.56 1,046,884.27
SIMON DEBARTOLO GRP REIT 1,239.00 13,456.80 33,917.63
</TABLE>
-454-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
SIMULA INC COMMON STOCK 7,000.00 117,427.23 106,750.00
SINGAPORE AIRLINES SGc1(ALIEN MKT) 2,000.00 18,428.37 18,824.20
SINGAPORE LAND SGc1 18,000.00 103,780.41 103,319.19
SINGAPORE PRESS HD SGc1(ALIEN MKT) 7,000.00 107,430.89 132,268.53
SINGER CO N V COMMON STOCK 2,115.00 44,225.71 47,058.75
SITEL CORP COMMON STOCK 37,640.00 298,565.15 743,390.00
SKYWEST INC., COMMON STOCK 0.96 13.61 13.80
SMART MODULAR TECNOLOGIES INC COMMON 100.00 2,121.00 2,287.50
STOCK
SMARTFLEX SYS INC COMMON STOCK 5,100.00 96,659.79 68,850.00
SMITH (HOWARD) AUD1 3,181.00 15,565.08 25,778.17
SMITH(DAVID S.)HLD ORD 10P 72,485.00 324,240.88 384,269.28
SMITHKLINE BEECHAM ORD 12.5P 36,000.00 202,858.42 495,421.17
SNAP-ON INC COM 2,800.00 66,359.79 101,500.00
SNYDER COMMUNICATIONS INC COMMON STOCK 35,240.00 708,509.77 858,975.00
SNYDER OIL CORP., COMMON STOCK 300.00 3,038.05 5,175.00
SOC COM DEL PLATA ARS10 6,200.00 24,671.91 15,258.10
SOC COM DEL PLATA SPON ADR-1 ORD ARS10'1 530.00 21,070.35 12,587.50
SOC GENERALE FRF30 5,473.00 592,721.80 598,376.86
SODEXHO FRF100 280.00 92,113.48 140,037.53
SOFAMOR/DANEK GROUP INC COMMON STOCK 110.00 3,160.36 3,093.75
SOFTBANK CORP JPY50 5,180.00 662,717.52 386,906.85
SOFTE SA CVD WTS 24/3/97(PUR SIP) 190,000.00 28,334.43 240,804.79
SOLA INTL INC COMMON STOCK 7,900.00 240,362.10 277,487.50
SOMATOGEN INC COMMON STOCK 300.00 4,847.89 3,375.00
SONAT INC., COMMON STOCK, $3.75 PAR 3,900.00 93,802.61 201,825.00
SONIC CORP COMMON STOCK 45,200.00 725,386.30 1,033,950.00
SONY CORP Y50 9,100.00 565,208.06 582,943.76
SOTHEBYS HOLDINGS INC CL A COMMON STOCK 4,500.00 64,202.10 79,312.50
SOUTH WEST PPTY TR INC COMMON STOCK 12,100.00 148,750.81 192,087.50
SOUTHERN CO., COMMON STOCK, $5 PAR 30,400.00 541,780.31 676,400.00
SOUTHERN ENERGY HOMES INC COMMON STOCK 4,650.00 61,733.70 56,962.50
</TABLE>
-455-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
SOUTHERN PERU COPPER CORP COMMON STOCK 500.00 7,842.12 8,125.00
SOUTHWEST AIRLINES CO., COMMON STOCK, $1 9,041.00 238,006.52 223,764.75
PAR
SOVEREIGN BANCORP INC COMMON STOCK 10,900.00 116,901.75 143,062.50
NO PAR
SPACELABS MEDICAL, INC., COMMON STOCK 2,300.00 53,612.00 45,425.00
SPECIALTY TELECONSTRUCTORS INC COM 500.00 4,702.87 3,812.50
SPECTRALINK CORP COMMON STOCK 3,300.00 14,369.50 12,787.50
SPECTRAN CORP., COMMON STOCK 100.00 2,405.00 1,762.50
SPEEDFAM INTL INC COMMON STOCK 6,600.00 107,250.00 134,475.00
SPEEDWAY MOTORSPORTS INC COMMON STOCK 11,700.00 297,489.34 253,012.50
SPORTMART INC CL A 500.00 1,581.68 1,470.00
SPORTS AUTHORITY COMMON STOCK 11,100.00 206,206.00 274,725.00
SPRINGS INDUSTRIES, INC., 900.00 33,078.11 41,850.00
CLASS A COMMON STOCK
SPRINT CORP COMMON STOCK 19,430.00 590,135.16 813,631.25
SPSS INC COMMON STOCK 3,300.00 51,628.50 95,700.00
SPYGLASS INC COM STK 1,100.00 13,046.51 11,343.20
SSE TELECOM INC COMMON STOCK $0.01 PAR 500.00 6,810.95 4,375.00
ST. JUDE MEDICAL, INC., COMMON STOCK, 3,650.00 99,441.55 152,387.50
$.10 PAR
ST. PAUL COMPANIES, INC., COMMON STOCK, 29,100.00 1,168,975.99 1,713,262.50
NO PAR
STANDARD MICROSYSTEMS CORP., COMMON 100.00 1,605.00 1,100.00
STOCK, $.10 PAR
STANDARD REGISTER CO., COMMON STOCK, 4,200.00 95,679.11 118,650.00
$.50 PAR
STANFORD TELECOMMUNICATIONS INC., 6,780.00 353,122.74 194,925.00
COMMON STOCK
STANLEY WORKS, COMMON STOCK, $2.50 4,000.00 80,499.64 118,000.00
PAR
STAPLES INC., COMMON STOCK 1,200.00 12,615.35 23,700.00
STARBUCKS CORP COMMON STOCK 1,843.00 47,762.59 63,813.88
STATE BK OF INDIA GDR-EACH REP2SHS INR10 5,700.00 80,655.00 90,516.00
STECK-VAUGHN PUBLISHING CORP COM STK 250.00 3,327.45 2,750.00
STEEL DYNAMICS INC COMMON STOCK 80,250.00 1,362,722.70 1,464,562.50
</TABLE>
-456-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
STERILE RECOVERIES, INC COMMON STOCK 48,900.00 464,550.00 702,937.50
STERLING BANCORP, COMMON STOCK, $1 PAR 300.00 4,350.79 4,462.50
STERLING COMM INC COMMON STOCK 259.00 2,887.00 8,158.50
STERLING SOFTWARE INC., COMMON STOCK 200.00 10,217.00 6,625.00
STET DI RISP ITL1000(NON CNV) 228,150.00 499,291.72 701,805.37
STET ITL1000 215,420.00 385,924.00 915,761.10
STILLWATER MINING CO COMMON STOCK 1,200.00 27,799.44 21,000.00
STONE CONTAINER CORP., COMMON STOCK, 5,274.00 98,151.62 81,087.75
$1 PAR
STORA KOPPARBERGS SEK5 SER'B' 3,600.00 41,151.56 48,804.47
STORAGE TR RLTY COMMON STOCK 202.00 4,986.83 4,848.00
STRATASYS INC COMMON STOCK 1,345.00 27,802.19 22,360.63
STRATOSPHERE CORP COMMON STOCK 15,000.00 33,848.30 18,045.00
STREAMLOGIC CORP 1,400.00 8,869.42 2,011.80
STRIDE RITE CORP., COMMON STOCK, $1 PAR 3,100.00 43,406.14 31,000.00
STUDENT LN MARKETING ASSN COM NEW VTG 31,900.00 2,420,950.37 3,066,387.50
STURM & RUGER & CO., INC., COMMON STOCK, 200.00 4,892.50 3,575.00
$1 PAR
SULZER AG CHF100(REGD) 500.00 293,780.23 287,952.08
SUMITOMO CORP JPY50 18,000.00 178,368.97 152,636.20
SUMITOMO ELECT IND Y50 18,000.00 268,875.48 253,075.57
SUMITOMO FORESTRY JPY50 6,000.00 125,413.82 81,722.32
SUMMIT BANCORP COM 0.01 0.00 0.00
SUN CO., INC., COMMON STOCK, $1 PAR 27,100.00 719,756.80 677,500.00
SUN HEALTHCARE GROUP INC COMMON STOCK 83.00 1,038.24 1,037.50
SUN MICROSYSTEMS INC., COMMON STOCK, 9,580.00 232,656.03 558,035.00
$.00067 PAR
SUN TRUST BANKS, INC., COMMON STOCK 10,100.00 214,406.60 512,575.00
$2.50 PAR
SUNBEAM CORP COM 100.00 2,992.50 2,762.50
SUNDSTRAND CORP., COMMON STOCK, $1 PAR 24,500.00 952,032.83 955,500.00
SUNRISE ASSISTED LIVING INC COMMON STOCK 30,450.00 687,225.40 738,412.50
SUNRISE MEDICAL INC., COMMON STOCK 100.00 1,799.50 1,437.50
</TABLE>
-457-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
SUNRISE TECHNOLOGIES INTERNATIONAL INC 5,000.00 14,312.50 5,155.00
COM
SUPER VALU INC. COMMON STOCK 19,300.00 587,473.91 571,762.50
SUPERIOR CONSULTANT HLDGS CORP COMMON 23,670.00 469,038.99 568,080.00
STOCK
SUPERVISION INTL INC CL A COM STK 3,500.00 34,629.74 24,500.00
SUZUKI MOTOR CORP JPY50 56,000.00 694,587.74 585,588.75
SWIFT ENERGY CO COMMON STOCK $0.01 PAR 39,800.00 794,899.63 1,258,675.00
SWIFT TRANSN INC. COMMON STOCK 2,800.00 53,593.40 67,373.60
SWIRE PACIFIC 'A'HKD0.60 153,000.00 762,896.06 1,449,463.27
SWISSAIR CHF350(REGD) 790.00 414,825.44 600,552.87
SYBASE INC COMMON STOCK 25,900.00 396,131.39 456,487.50
SYKES ENTERPRISES INC COMMON STOCK 12,600.00 215,137.19 548,100.00
SYMANTEC CORP COM STOCK 200.00 3,470.60 2,975.00
SYNOPSYS INC., COMMON STOCK 597.00 19,843.98 26,417.25
SYQUEST TECHNOLOGY INC COMMON STOCK 800.00 4,935.66 4,000.00
SYSCO CORP., COMMON STOCK, $1 PAR 8,200.00 178,833.78 279,825.00
SYSTEMS OF EXCELLENCE INC COMMON STOCK 32,500.00 104,032.30 35,425.00
SYSTEMSOFT CORP COMMON STOCK 500.00 14,779.60 9,187.50
S3 INC COMMON STOCK 31,100.00 559,995.84 528,700.00
T & N ORD $1 30,000.00 105,114.31 95,273.30
T B C CORP., COMMON STOCK 2,000.00 11,987.17 14,624.00
T CELL SCIENCE, INC.,COMMON STOCK 400.00 991.54 750.00
T R FINANCIAL CORP COMMON STOCK 4,200.00 111,483.97 122,850.00
T.I.M.SPA DI RISP ITL50 17,995.00 19,667.89 23,994.60
T.I.M.SPA ITL50 49,002.00 63,820.80 115,314.43
TABCORP HLDGS LTD AUD1 12,000.00 22,889.10 55,317.55
TALISMAN ENERGY COM NPV (USD) 20,000.00 594,268.24 671,255.00
TANDEM COMPUTERS, INC., COMMON STOCK, 65,500.00 791,886.22 892,437.50
$.05 PAR
TANDY CORP. COMMON STOCK, $1 PAR 27,278.00 1,118,971.42 1,149,085.75
TANJONG GBP0.075 31,000.00 113,043.26 126,330.37
TARKETT AG DEM5 12,000.00 268,109.72 258,408.69
</TABLE>
-458-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
TARRANT APPAREL GROUP COMMON STOCK\ 300.00 4,275.35 4,125.00
TCSI CORP COM STK 200.00 2,712.98 1,725.00
TDK CORP JPY50 3,000.00 133,054.55 193,497.36
TECH DATA CORP., COMMON STOCK 37,100.00 539,993.26 1,113,000.00
TECHNOLOGY RESOURC MYR1 25,000.00 95,536.86 50,939.66
TECO ENERGY, INC., COMMON STOCK, NO PAR 103.48 2,534.47 2,522.33
TEIJIN Y50 25,000.00 131,518.91 119,288.22
TEKTRONIX, INC. COMMON STOCK, NO PAR 1,500.00 49,950.17 73,125.00
TEL-SAVE HLDGS INC COMMON STOCK 35,900.00 680,725.63 780,825.00
TELCO COMMUNICATIONS GROUP INC COMMON 27,600.00 491,280.00 450,211.20
STOCK
TELE COMMUNICATIONS INC NEW COM LIBERTY 29,575.00 632,580.98 739,375.00
MEDIA GROUP SER A
TELE COMMUNICATIONS INC SER A TCI GROUP 62,800.00 1,002,200.03 847,800.00
COM
TELE DANMARK A/S ADS-EACH CNV INTO 1/2'B 22,500.00 581,473.48 562,500.00
TELE DANMARK A/S SER'B'DKK10 9,710.00 542,174.91 484,725.10
TELECOM ARGENTINA SPON ADR-EACH REPR 10 12,500.00 527,049.46 492,187.50
TELECOM CORP OF NZ NZD1 121,500.00 378,129.75 640,798.15
TELECOM DE CHILE SPON ADR REPR 17A COM NPV 273.00 25,029.08 25,969.13
TELECOM ITALIA ITL1000 30,438.00 46,590.62 71,728.98
TELEFLEX INC., COMMON STOCK, $1 PAR 2,600.00 102,227.06 128,700.00
TELEFONICA DE ARG SPON ADR-REPR 10 ORD'B 2,900.00 106,172.35 73,950.00
TELEFONICA DE ESPA ESP500 64,229.00 714,123.71 1,408,574.20
TELEFONICA DEL PER ADS-EACHREP 10'B'SHS 731.00 14,985.50 14,163.13
TELEPHONE AND DATA SYSTEMS, INC., COMMON 100.00 3,599.50 3,737.50
STOCK, $1 PAR
TELEVISION BROADCA HKD0.05 141,000.00 616,217.12 541,606.31
TELLABS, INC., COMMON STOCK, NO PAR 8,000.00 201,700.15 318,000.00
TEMPLE INLAND INC., COMMON STOCK 22,200.00 1,102,409.21 1,193,250.00
TENET HEALTHCARE CORP COM 9,800.00 150,917.29 219,275.00
TENNECO, INC. COMMON STOCK, $5 PAR 7,719.00 352,393.46 393,669.00
TERA COMPUTER CO COM STK 500.00 1,994.14 3,220.00
TERADYNE, INC., COMMON STOCK, $.12 1/2 39,600.00 815,410.71 935,550.00
PAR
</TABLE>
-459-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
TESCO ORD 5P 20,000.00 68,012.57 114,428.78
TEXACO, INC. COMMON STOCK, $6.25 PAR 12,300.00 753,991.98 1,219,237.50
TEXAS INDUSTRIES, INC., COMMON STOCK, 4,300.00 172,464.00 244,562.50
$1 PAR
TEXAS INSTRUMENTS INC., COMMON STOCK, 34,100.00 1,503,984.29 2,173,875.00
$1 PAR
TEXAS REGL BANCSHARES INC CL VTG SHS 900.00 16,105.32 30,375.00
COMMON STOCK
TEXAS UTILITIES CO., COMMON STOCK, NO 27,100.00 1,033,749.51 1,070,450.00
PAR
TEXFI INDUSTRIES INC., COMMON STOCK 900.00 2,997.90 2,250.00
TEXTRON, INC., COMMON STOCK, $.25 PAR 19,600.00 1,423,652.32 1,869,350.00
TF1 - TV FRANCAISE FRF10 5,960.00 601,360.94 586,573.74
THAI FARMERS BANK THB10(ALIEN MKT) 4,300.00 25,267.60 36,702.49
THAI FARMERS BANK WTS 15/9/02(SUB ORD)(A 537.00 529.59 525.64
THAI FUND INC COMMON STOCK 500.00 10,976.68 9,437.50
THE NEWS CORPORATION LTD. 200.00 4,535.37 4,250.00
THERAGENICS COMMON STOCK $0.01 1,028.00 16,950.56 23,258.50
THERATECH INC COMMON STOCK 5,800.00 54,704.44 65,250.00
THERMO CARDIOSYSTEMS INC COM 100.00 3,249.50 3,462.50
NONREDEEMABLE $.10 PAR
THERMO ELECTRON CORP., COMMON STOCK, 150.00 5,224.50 5,437.50
$1 PAR
THERMO FIBERTEK INC COMMON STK 3,300.00 48,719.00 33,000.00
THERMO TECH TECHNOLOGIES INC COM STK 4,000.00 2,142.20 2,080.00
THERMOLASE CORP COM 350.00 7,786.84 6,518.75
THERMOQUEST CORP COMMON STOCK 100.00 1,402.95 1,400.00
THERMWOOD CORP COMMON STOCK 1,500.00 2,911.50 2,445.00
THOMAS & BETTS CORP., COMMON STOCK, 2,800.00 90,161.23 126,700.00
$.50 PAR
THOMSON CORP COM NPV 36,000.00 573,506.03 810,744.63
THREE COM CORP COMMON STOCK 82,674.00 3,760,437.11 6,210,884.25
THREE-FIVE SYS INC, COMMON STOCK 1,000.00 11,991.38 12,125.00
TIG HOLDINGS INC COMMON STOCK 20,100.00 556,049.57 613,050.00
TII INDUSTRIES INC (NEW) COMMON 1,450.00 10,922.85 9,062.50
</TABLE>
-460-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
TIME ENGINEERING MYR1 19,000.00 37,301.42 35,632.05
TIME WARNER INC COMMON STOCK 25,700.00 867,255.16 1,047,275.00
TIMES MIRROR CO SER A NEW COM STK 4,700.00 124,555.66 246,162.50
TIMKEN CO. COMMON STOCK, NO PAR 1,400.00 42,487.58 63,875.00
TITANIUM METALS CORP COMMON STOCK 69,800.00 1,701,549.70 2,338,300.00
TJX COS INC COMMON NEW 36,600.00 1,096,851.79 1,651,575.00
TMC AGROWORLD CORP COM STK 10,500.00 0.00 8,190.00
TNP ENTERPRISES INC., COMMON STOCK 4,200.00 90,231.00 107,100.00
TNT AUD0.50 14,560.00 22,843.72 28,697.37
TOKIO MARINE &FIRE JPY50 7,000.00 88,148.78 77,504.39
TOKYO BROADCASTING JPY50 38,000.00 641,460.40 617,750.44
TOKYO ELECTRON Y50 2,000.00 61,524.65 57,117.75
TOKYO STEEL MANU Y50 5,100.00 118,401.66 75,289.98
TOMKINS ORD 5P 48,430.00 187,048.96 202,222.29
TOMMY HILFIGER ORD SHARES 13,200.00 299,097.15 712,800.00
TOPPAN PRINTING CO Y50 8,000.00 111,621.78 105,448.15
TORCHMARK CORP., COMMON STOCK, $2 PAR 3,200.00 128,545.93 166,400.00
TORO CO., COMMON STOCK, $1 PAR . 7,200.00 230,106.00 256,500.00
TOSCO CORPORATION COMMON STOCK NEW 17,500.00 767,324.80 1,332,187.50
TOSHIBA CORP Y50 75,000.00 527,737.33 483,084.36
TOTAL 'B'FRF50 2,596.00 167,604.89 207,626.32
TOTAL ACCESS COMMS THB10 3,000.00 18,937.50 19,350.00
TOTAL RENAL CARE HLDGS INC COMMON STOCK 21,498.00 369,441.23 736,306.50
TOTAL RESH CORP COMMON STOCK 2,700.00 4,529.70 1,854.90
TOTAL WORLD TELECOMMUNICATIONS INC COM 500.00 4,507.03 4,593.50
STK
TOWN CTRY TR SH BEN INT COM STK 14,700.00 210,459.21 214,987.50
TOYOTA MOTOR CORP JPY50 51,000.00 939,518.39 1,393,760.99
TOYS "R" US, INC., (HOLDING COMPANY) 29,550.00 753,743.52 1,019,475.00
$.10 PAR
TRACOR INC NEW COMMON STOCK NEW 7,400.00 133,720.96 162,800.00
TRANS WORLD AIRLINES INC COMMON SOTCK 5,629.00 56,498.54 43,624.75
</TABLE>
-461-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
TRANSACTION SYS ARCHITECTS INC COMMON 16,750.00 137,171.51 607,187.50
STOCK
TRANSAMERICA CORP., COMMON STOCK, $1 PAR 3,000.00 144,564.69 238,125.00
TRANSCANADA PIPELINES LTD., COMMON 24,000.00 380,640.00 429,000.00
STOCK, $.33 1/3 PAR
TRANSNET CORP COMMON STOCK 1,000.00 4,027.50 3,000.00
TRANSOCEAN OFFSHORE INC 14,500.00 481,585.14 873,625.00
TRANSPORT GAS SUR SPN ADR 5'B'ARS1(REG S 1,307.00 17,644.50 16,174.13
TRANSWITCH CORP COMMON STOCK 1,500.00 19,365.14 8,812.50
TRAVELERS GROUP INC COM 82,366.66 2,127,288.42 3,706,499.70
TRIBUNE CO., COMMON STOCK, NO PAR 2,800.00 143,249.94 242,200.00
TRICORD SYSTEMS INC COMMON STOCK 10,000.00 20,468.60 19,690.00
TRIMBLE NAV LTD COM STOCK 2,500.00 54,385.47 34,375.00
TRIMEDYNE INC., COMMON STOCK 300.00 1,169.21 1,014.00
TRINET CORP RLTY TR INC COMMON STOCK 450.00 13,715.94 15,356.25
TRINITY INDUSTRIES, INC., COMMON 17,900.00 575,943.21 617,550.00
STOCK, $1 PAR
TRINOVA CORP., COMMON STOCK 1,300.00 36,434.57 47,450.00
TRIUMPH GROUP INC NEW COMMON STOCK 19,170.00 393,295.72 503,212.50
TRW, INC., COMMON STOCK, $1.25 PAR 2,900.00 174,069.12 282,387.50
TUBOSCOPE VETCO INTL CORP COMMON STOCK 300.00 4,215.81 4,612.50
TUESDAY MORNING CORP COMMON STOCK 100.00 1,384.96 2,150.00
$0.01 PAR
TUPPERWARE CORP COMMON STOCK 2,800.00 59,151.61 148,400.00
TYCO INTERNATIONAL LTD. COMMON 6,900.00 175,957.33 377,775.00
STOCK, $1 PAR
TYLAN GEN INC COMMON STOCK 3,500.00 40,066.25 45,500.00
U S BIOSCIENCE INC COM PAR 0.01 NEW 200.00 3,822.68 2,400.00
U S WEST INC COM-MEDIA GROUP COMMON 28,350.00 175,623.72 542,193.75
STOCK
U.S. AIR GROUP, COMMON STOCK, $1 PAR 14,851.00 263,376.62 345,285.75
U.S. BANCORP, COMMON STOCK, $5 PAR 7,000.00 193,064.15 299,250.00
U.S. LONG DISTANCE CORP., COMMON STOCK 1,000.00 9,489.08 8,937.00
(NEW)
U.S. ROBOTICS CORP COM 915.00 53,470.63 71,941.88
</TABLE>
-462-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
UAL CORP COM STK PAR $0.01 2,941,181.00 119,703,792.93 169,117,907.50
UCB CAP NPV 24.00 17,110.48 59,848.48
UGI CORP COMMON STOCK NEW 6,900.00 162,822.46 150,937.50
UICI COMMON STOCK 200.00 4,082.40 5,600.00
ULTRADATA SYS INC COMMON STOCK 3,000.00 0.00 24,000.00
ULTRATECH STEPPER INC COM STK 37,600.00 1,043,145.03 855,400.00
UNCLE B S BAKERY INC COMMON STOCK 4,000.00 16,689.00 12,000.00
UNICEM(UNION CEM) ITL1000 2,109.00 11,268.72 14,241.72
UNICOM CORP COMMON 9,700.00 280,743.36 258,262.50
STOCK
UNIDANMARK 'A' DNKR100 790.00 28,239.63 39,436.95
UNILAB CORPORATION COMMON STOCK NEW 500.00 1,169.21 281.00
UNILEVER NV (NEW YORK SHARES) 2,200.00 260,920.32 380,875.00
UNILEVER NV CVA NLG4 1,160.00 136,410.88 200,715.55
UNION BANKSHARES LTD COMMON STOCK 3,000.00 34,765.70 50,250.00
UNION CAMP CORP. COMMON STOCK, $1 PAR 3,100.00 138,821.10 152,287.50
UNION CARBIDE CORP., COMMON STOCK, $1 5,900.00 120,354.75 272,137.50
PAR
UNION ELECTRIC CO., COMMON STOCK, $5 PAR 4,600.00 165,909.49 182,850.00
UNION PACIFIC CORP., COMMON STOCK, $5 32,000.00 1,032,721.14 1,864,000.00
PAR
UNION PACIFIC RESOURCES GROUP INC COMMON 40,216.00 794,197.94 1,201,453.01
STOCK
UNION PLANTERS CORP., COMMON STOCK, $5 25,900.00 928,243.00 1,071,612.50
PAR
UNION TEX PETE HLDGS INC COM STOCK 30,200.00 588,218.89 671,950.00
UNIONBANCAL CORP COM 1,500.00 75,067.50 81,750.00
UNIPHASE CORP COMMON STOCK 19,210.00 576,300.00 1,142,995.00
UNISYS CORP., COMMON STOCK 7,800.00 101,064.01 59,475.00
UNITED DENTAL CARE INC DEL COMMON STOCK 13,790.00 387,961.54 386,120.00
UNITED DOMINION REAL ESTATE, COMMON 500.00 7,726.93 7,375.00
STOCK
UNITED ENG (MALAY) MYR0.50 27,000.00 138,188.73 244,629.08
UNITED HEALTHCARE CORP., COMMON STOCK 18,100.00 813,057.62 780,562.50
</TABLE>
-463-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
UNITED ILLUMINATING CO., COMMON STOCK, 3,700.00 110,471.25 123,487.50
NO PAR
UNITED MERIDAN CORP COMMON STOCK 19,350.00 902,666.90 986,850.00
UNITED NEWS & MEDI ORD 25P 20,290.00 207,778.21 230,641.79
UNITED STATES FILTER CORP., COMMON STOCK 25,375.00 444,676.13 869,093.75
(NEW)
UNITED STATES SURGICAL CORP., COMMON 2,800.00 191,468.37 112,350.00
STOCK, $.10 PAR
UNITED TECHNOLOGIES CORP., COMMON STOCK 18,800.00 1,715,371.06 2,636,700.00
$5 PAR
UNITED VIDEO SATELLITE GROUP INC CL A 2,300.00 34,897.68 35,075.00
COMMON STOCK
UNITED WIS SVCS INC. COMMON STOCK 2,500.00 65,850.00 64,687.50
UNITRIN INC. COMMON STOCK 2,700.00 138,091.50 143,775.00
UNITRODE CORP., COMMON STOCK, $.20 PAR 4,000.00 111,180.00 107,500.00
UNIVERSAL CORP VA COMMON STOCK 11,400.00 284,341.49 327,750.00
UNIVERSAL HEALTH SERVICES, INC., CLASS 16,100.00 369,257.00 454,825.00
B COMMON STOCK, $.01 PAR
UNIVISION COMMUNICATIONS INC COMMON 27,200.00 817,632.00 1,081,200.00
STOCK
UNOCAL CORP. COMMON STOCK, $8 1/3 PAR 11,200.00 280,949.88 456,400.00
UNR INDUSTRIES, INC., COMMON STOCK, 200.00 1,346.89 1,375.00
$2.50 PAR
UNUM CORPORATION COMMON STOCK 3,300.00 185,403.57 234,712.50
UNY CO JPY50 5,000.00 97,173.30 90,949.03
US DIAGNOSTIC INC 15,925.00 160,237.55 170,190.48
US INDUSTRIES INC NEW COM 18,900.00 502,228.00 557,550.00
US WEST COMMUNICATIONS GROUP 64,669.61 2,113,280.97 2,020,925.31
USA WASTE SVCS INC COM STOCK $.01 41,600.00 749,028.04 1,341,600.00
PAR
USF & G CORP., COMMON STOCK, $2.50 PAR 5,300.00 98,870.98 106,000.00
USLIFE CORP. COMMON STOCK, $1 PAR 16,050.00 462,519.74 495,543.75
UST INC COMMON STOCK 8,700.00 212,654.35 283,837.50
USX - MARATHON GROUP COMMON STOCK NEW 13,560.00 297,422.13 310,185.00
USX-US STEEL GROUP COMMON STOCK 20,650.00 726,370.16 622,081.25
UTD INDUSTRIAL CP SGD1 36,000.00 34,442.44 30,803.24
</TABLE>
-464-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
UTD O/S BANK SGc1 (ALIEN MARKET) 13,320.00 95,053.26 141,515.21
UTD O/S BANK WTS 25/2/97(PUR ORD) 4,439.00 15,007.69 15,762.57
UTILICORP UNITED, INC., COMMON STOCK, 12,700.00 351,931.00 341,312.50
$1 PAR
V. F. CORP., COMMON STOCK, NO PAR 16,834.00 849,674.25 1,142,607.75
VALEO FRF20 15,210.00 548,792.33 934,279.48
VALERO ENERGY CORP., COMMON STOCK, $1 37,500.00 777,985.16 1,125,000.00
PAR
VALSPAR CORP., COMMON STOCK, $1 PAR 1,600.00 73,032.00 91,800.00
VALUJET INC COM 10,175.00 113,100.42 91,575.00
VANGUARD CELLULAR SYSTEMS, INC., CLASS 19,300.00 318,074.75 325,687.50
A COMMON
VANTIVE CORP COMMON STOCK 12,846.00 247,529.05 443,187.00
VARCO INTERNATIONAL, INC., CAPITAL 400.00 4,627.43 9,150.00
STOCK, NO PAR
VARI-L INC COMMON STOCK 500.00 4,325.65 4,562.50
VEBA AG DEM5 9,100.00 257,875.25 532,525.54
VEECO INSTRUMENTS INC DEL COMMON STOCK 2,500.00 58,661.44 42,187.50
VENCOR INC COMMON STOCK 3,900.00 102,209.25 126,262.50
VENTRITEX INC COMMON STOCK DELEWARE 4,000.00 72,185.60 93,000.00
VENTURE STORES INC COM STK 6,000.00 28,263.14 19,500.00
VERITAS DGC INC COM STK 59,800.00 959,851.78 1,278,225.00
VERITAS SOFTWARE CO COMMON STOCK 6,450.00 115,531.11 299,118.75
VETERINARY CTRS AMER INC COMMON STOCK 1,300.00 11,777.22 13,812.50
VIACOM COMMON STOCK CL B 35,016.00 1,359,895.84 1,321,854.00
VIAD CORP COMMON STOCK 1,100.00 17,616.48 17,325.00
VICAL INC COMMON STOCK 300.00 5,067.53 5,550.00
VIDAMED INC COMMON STOCK 13,500.00 202,894.73 143,437.50
VIDEOLABS INC COMMON STOCK 1,000.00 3,715.00 1,000.00
VIISAGE TECHNOLOGY INC COMMON STOCK 65,000.00 774,150.00 918,125.00
VINCAM GROUP INC COMMON STOCK 26,350.00 663,046.62 915,662.50
VISHAY INTERTECHNOLOGY, INC., COMMON 515.00 12,628.96 10,815.00
STOCK, $.10 PAR
VISIO CORP COM STK 7,900.00 393,259.00 391,050.00
</TABLE>
-465-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
VITESSE SEMICONDUCTOR CORP COMMON 400.00 9,674.56 19,100.00
VIVRA INC., COMMON STOCK 9,000.00 197,456.82 276,750.00
VLSI TECHNOLOGY, INC., COMMON STOCK, NO 44,800.00 884,439.71 1,030,400.00
PAR
VOICE POWERED TECHNOLOGY INTL INC COMMON 4,600.00 9,721.50 3,450.00
STOCK
VOLKSWAGEN AG DEM50(VAR) 1,800.00 376,366.96 721,943.92
VOLVO(AB) ADR(CNV TO 1'B'SEK5-FREE) 9,000.00 148,166.15 195,750.00
VTEL CORP COM STK 100.00 1,339.39 1,012.50
VULCAN MATERIALS CO., COMMON STOCK, 4,700.00 292,484.50 292,575.00
$1 PAR
WABASH NATL CORP COMMON STOCK 600.00 12,758.79 10,575.00
WACHOVIA CORP COMMON STOCK NEW $5.00 7,500.00 298,027.22 450,000.00
PAR
WACKENHUT CORRECTIONS CORP COMMON STOCK 8,800.00 314,200.42 151,800.00
WAKO SECS CO Y50 88,000.00 614,365.99 524,288.22
WAL-MART STORES, INC. COMMON STOCK, 149,800.00 3,435,880.01 3,819,900.00
$.10 PAR
WALBRO CORP., COMMON STOCK, $1 PAR 100.00 1,867.50 1,975.00
WALGREEN CO. COMMON STOCK, $1.25 PAR 11,565.27 220,102.37 482,850.02
WALL DATA INC COMMON STOCK 1,250.00 16,887.24 18,437.50
WALL STR FINL CORP COM NEW 15,000.00 6,376.50 2,100.00
WALT DISNEY COMPANY (HOLDING COMPANY) 47,044.58 2,391,903.82 3,469,537.78
COMMON STOCK
WARNACO GROUP INC CL A COMMON STOCK 50,700.00 1,156,054.70 1,349,887.50
WARNER LAMBERT CO., COMMON STOCK, $1 PAR 12,200.00 406,228.79 872,300.00
WASHINGTON FED INC COM 31,660.00 748,495.00 842,947.50
WASHINGTON MUT INC COM STK 16,900.00 442,749.15 735,150.00
WASHINGTON NATIONAL CORP., COMMON STOCK 4,900.00 144,642.00 136,587.50
$5 PAR
WASHINGTON WATER POWER CO., COMMON 9,900.00 179,498.00 186,862.50
STOCK, NO PAR
WATERS CORP COMMON STOCK 32,500.00 712,920.53 881,562.50
WATKINS-JOHNSON CO., COMMON STOCK, 1,158.21 33,430.89 30,113.46
NO PAR
WATSON PHARMACEUTICALS INC COMMON STOCK 6,700.00 271,825.75 261,300.00
</TABLE>
-466-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
WEBB, DEL CORP., COMMON STOCK 55,600.00 1,040,288.53 938,250.00
WELLS FARGO & CO. COMMON STOCK, $5 PAR 4,233.00 393,088.20 1,204,817.63
WENDY'S INTERNATIONAL, INC., COMMON 5,800.00 81,391.41 123,975.00
STOCK, NO PAR
WEST MARINE INC COMMON STOCK 20,000.00 643,200.00 670,000.00
WESTCORP INC., COMMON STOCK 2,730.00 46,207.20 64,496.25
WESTERN ATLAS INC COMMON STOCK 8,400.00 318,608.37 592,200.00
WESTERN DIGITAL CORP., COMMON STOCK, 300.00 5,103.60 16,125.00
$.10 PAR
WESTERN GAS RES INC COMMON STOCK 29,800.00 494,829.00 562,475.00
WESTERN PAC AIRLS INC COMMON STOCK 100.00 1,499.19 850.00
WESTINGHOUSE ELECTRIC CORP., COMMON 20,900.00 398,361.77 391,875.00
STOCK, $3.125 PAR
WESTPAC BANK CORP AUD1 151,628.00 407,994.21 907,678.48
WESTVACO CORP. COMMON STOCK, $5 PAR 4,550.00 107,953.08 128,537.50
WEYERHAEUSER CO., COMMON STOCK, $1.875 29,050.00 909,176.74 1,336,300.00
PAR
WHARF(HLDGS) HKD1 44,000.00 193,645.77 227,625.45
WHIRLPOOL CORP. COMMON STOCK, $1 PAR 19,900.00 735,898.87 995,000.00
WHITMAN CORP COMMON STOCK 4,700.00 65,084.83 108,100.00
WHITTAKER CORP COM PAR NEW 100.00 1,473.80 1,400.00
WICOR, INC., COMMON STOCK, $1 PAR 5,100.00 184,339.50 185,512.50
WILLAMETTE INDUSTRIES INC., COMMON STOCK 2,500.00 169,466.64 170,000.00
$.50 PAR
WILLIAMS COMPANY INC COMMON STOCK $1 PAR 4,700.00 120,021.77 263,787.50
WILLIAMS SONOMA INC., COMMON STOCK 15,150.00 495,544.48 526,462.50
WIND RIV SYS INC COMMON STOCK 20,840.00 619,990.00 1,023,765.00
WINN-DIXIE STORES, INC., COMMON STOCK, 6,800.00 162,239.14 228,650.00
$1 PAR
WINSTAR COMMUNICATIONS INC COMMON STOCK 100.00 1,965.77 2,075.00
WIRELESS TELECOM GROUP INC COMMON STOCK 2,600.00 36,496.82 26,000.00
WISCONSIN CENT TRANSN CORP COMMON LM 19,060.00 330,722.05 776,695.00
WISCONSIN ENERGY COMMON STOCK 100.00 3,030.00 2,675.00
WMC LTD AUD0.50 124,656.00 425,858.52 791,905.00
WMX TECH INC COMMON STOCK 55,700.00 1,718,843.25 2,005,200.00
</TABLE>
-467-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
WOLTERS KLUWER CVA NTFL1 6,295.00 416,359.21 823,126.32
WOLVERINE TUBE INC COM STK 6,500.00 258,168.40 242,125.00
WOLVERINE WORLD WIDE, INC., COMMON 13,200.00 235,950.98 354,750.00
STOCK, $1 PAR
WOODSIDE PETROLEUM AUD0.50 11,000.00 41,741.79 77,315.89
WOOLWORTH CORP COMMON STOCK 6,100.00 149,429.23 146,400.00
WORLD FUEL SERVICES CORP COM 4,950.00 76,238.40 94,668.75
WORLDCOM INC GA COM 32,253.00 764,449.13 745,850.63
WORTHINGTON INDUSTRIES, INC., COMMON 4,050.00 63,052.02 80,493.75
STOCK, NO PAR
WRIGLEY, WM., JR., CO., 5,200.00 149,120.93 303,550.00
CAPITAL STOCK, NO PAR
WYMAN-GORDON CO., COMMON STOCK, $1 PAR 22,860.00 467,742.00 488,632.50
XCELLENET INC COM STK 100.00 1,849.50 1,700.00
XEROX CORP. COMMON STOCK, $1 PAR 46,978.00 1,666,081.56 2,307,794.25
XICOR, INC., COMMON STOCK, NO PAR 100.00 716.48 962.50
XLCONNECT SOLUTIONS INC COMMON STOCK 17,060.00 392,224.00 481,945.00
XOMA CORP., COMMON STOCK 500.00 2,025.87 1,968.50
XYLAN CORP COMMON STOCK 24,800.00 782,987.50 917,600.00
YAHOO INC COMMON STOCK 100.00 3,099.50 1,912.50
YAMANOUCHI PHARM JPY50 18,000.00 368,150.56 366,959.58
YAMATO TRANSPORT Y50 45,000.00 541,185.04 474,516.70
YASUDA FI & MAR Y50 78,000.00 455,826.15 494,182.78
YIZHENG CHEM FIBRE 'H'CNY1 195,000.00 72,748.61 44,386.96
YOUNG BROADCASTING INC CL A COMMON STOCK 30,400.00 1,011,940.00 923,400.00
YPF SA SPON ADR(REP 1 CL'D'ARS10) 17,816.00 404,794.56 414,222.00
YUE YUEN INDL HKD0.10 500,000.00 120,295.55 168,132.44
YUKONG KRW5000 461.00 15,983.69 10,621.99
YURTEC JPY50 2,730.00 60,008.52 38,143.23
ZALE CORP NEW COM STK 34,400.00 586,554.05 683,700.00
ZAPPA RES LTD COM STK 2,000.00 1,183.00 2,100.00
ZENECA GROUP ADR(REPR 3 OR 25P)(LDN EXC) 800.00 66,724.58 66,400.00
ZENECA GROUP ORD 25P 30,000.00 837,158.38 826,710.13
</TABLE>
-468-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
ZENITH ELECTRONICS CORP., COMMON STOCK, 300.00 4,942.10 3,975.00
$1 PAR
ZENITH NATIONAL INSURANCE CORP., COMMON 1,500.00 40,305.00 41,250.00
STOCK, $1 PAR
ZILA INC COMMON PAR $0.01 400.00 2,899.65 2,900.00
ZILOG INC COMMON STK 400.00 14,252.72 8,950.00
ZITEL CORP COMMON STOCK 200.00 4,627.43 9,150.00
ZOLTEK COS INC COMMON STOCK 1,525.00 52,667.94 54,518.75
ZOOM TELEPHONICS COMMON STOCK 325.00 8,625.76 3,371.88
ZURICH VERSICHERUN CHF10(REGD) 1,350.00 304,981.36 383,552.18
ZURN INDUSTRIES, INC., COMMON STOCK, 3,800.00 96,976.00 108,775.00
$.50 PAR
ZYGO CORP COM STOCK $.10 PAR 2,300.00 64,469.00 91,425.00
1/10 BERKSHIRE HATHAWAY INC DEL CL A COM 30.00 104,087.14 99,600.00
STK
3DO CO COMMON STOCK 230.00 2,486.06 1,480.51
360 COMMUNICATIONS CO 1.00 16.99 23.75
TOTAL CORPORATE STOCKS - COMMON 881,613,483.81 1,187,439,171.32
<CAPTION>
PARTNERSHIP/JOINT VENTURE INTERESTS
===================================
<S> <C> <C> <C>
MLP LEVIATHAN GAS PIPELINE PARTNERS LP 200.00 9,221.32 9,100.00
PREF UNIT
MLP RED LION INNS LTD PARTNERSHIP UNIT 400.00 9,716.23 9,600.00
LTD PARTNERSHIP INT MASTER LIMITED
PARTNERSHIP
MLP SERVICEMASTER LIMITED PARTNERSHIP 750.00 16,004.98 19,312.50
COMMON STOCK
LIMITED PARTNERSHIP
MLP TERRA NITROGEN CO L.P SR PFD 200.00 9,045.79 8,625.00
TOTAL PARTNERSHIP/JOINT VENTURE INTERESTS 43,988.32 46,637.50
<CAPTION>
INTEREST IN REGISTERED INVESTMENT CO.
=====================================
<S> <C> <C> <C>
ADVISORS INNER CIRCLE FD TURNER SMALL 2,146.84 50,000.00 48,346.84
CAP FD
DOMINION RES BLACK WARRIOR TR UNIT BEN 200.00 3,679.76 4,050.00
INT
FIRST AUSTRALIA PRIME INCOME FUND INC., 1,012.71 5,601.16 9,240.98
COMMON STOCK
</TABLE>
-469-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MFC ASIA TIGERS FD INC 516.00 6,288.87 5,676.00
MFC CHILE FUND INC., COMMON STOCK 6,178.00 149,041.93 138,232.75
CLOSED END FUND
MFC DUFF & PHELPS UTILITIES INCOME INC 800.00 7,251.60 6,900.00
CLOSED END FUND
MFC EMERGING MKTS SOVEREIGN INCOME FUND, 300.00 4,728.02 5,475.00
INC., CLOSED END FUND
MFC FIDELITY ADVISOR KOREA FD INC COM 800.00 10,124.76 7,700.00
MFC H & Q LIFE SCIENCES INVESTORS SH BEN 600.00 9,106.60 7,800.00
INT
MFC JARDINE FLEMING CHINA REGION FUND 115.00 1,345.74 1,236.25
INC
MFC LATIN AMER GROWTH FD INC 583.00 6,291.26 5,757.13
MFC MFS GOVT MKTS INC TR SH BEN INT 1,000.00 6,462.91 6,625.00
CLOSE END FUND
MFC MORGAN STANLEY EMERGING MARKETS 500.00 8,092.88 7,593.50
FUND INC., COMMON STOCK
MFC PAKISTAN INVT FD INC COM 1,850.00 12,737.16 10,406.25
MFC SOUTHERN AFRICA FUND INC COM 200.00 3,384.85 3,300.00
MFC TEMPLETON DRAGON FD INC COM 3,300.00 43,944.89 51,562.50
MFC TEMPLETON RUSSIA FUND INC 500.00 10,475.15 12,062.50
MFC THE MEXICO FUND, INC., COMMON STOCK 200.00 3,050.64 3,025.00
CLOSED END FUND
MFO ACCOLADE FDS UNITED SVCS BONNEL 7,008.95 115,400.95 123,918.24
GROWTH FD
MFO ACORN FUND, INC., CAPITAL STOCK $1 1,525.99 20,315.87 24,598.96
PAR OPEN END FUND
MFO ADVISORS INNER CIRCLE FUND II PBHG 1,476.02 16,000.00 16,501.90
INTL FD
MFO AIM CONSTELLATION FUND OPEN END FUND 99,446.58 2,390,445.10 2,660,196.02
MFO AIM EQUITY FUNDS, INC., 6,315.11 119,577.31 134,638.15
WEINGARTEN FUND RETAIL CLASS
OPEN END FUND
MFO AIM EQUITY FUNDS, INC., 29,322.89 312,685.09 348,942.39
CHARTER FUND RETAIL CLASS
OPEN END FUND
MFO AIM INTERNATIONAL EQUITY FUND 530,390.63 7,806,400.92 8,533,985.24
MFO AIM VALUE FUND CLASS A 36,794.37 1,007,653.85 1,126,275.67
MFO BABSON VALUE FD INC OPEN END FUND 435.13 15,228.54 16,817.77
</TABLE>
-470-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MFO BARON ASSET FD GROWTH & INCOME FD 1,382.11 25,500.00 49,037.26
MFO BARON ASSET FD SH BEN INT 7,440.57 263,592.57 263,991.42
MFO BENHAM EQUITY FDS GOLD EQUITY INDEX 5,435.28 78,329.88 66,310.42
FUND, OPEN END FUND
MFO BENHAM EQUITY FDS INCOME & GROWTH FD -0.01 0.00 0.00
MFO BENHAM GOVT INCOME TR LONG TERM 2,282.63 30,713.76 23,031.74
TREAS AND AGY FD
MFO BENHAM INTL FDS EUROPEAN GOVT BD FD 881.74 27,767.51 10,713.14
OPEN END FUND
MFO BENHAM TARGET MATS TR SER 2020 14,757.44 324,719.72 373,805.96
MFO BENHAM TARGET MATS TR SER 2005 2,020.99 112,367.20 124,998.23
MFO BENHAM TARGET MATS TR SER 2000 OPEN 621.81 50,000.00 51,504.52
END FUND
MFO BERGER INVT PORTFOLIO TR NEW 574.04 6,407.05 6,687.57
GENERATION FD
MFO BERGER ONE HUNDRED FD INC OPEN END 1,409.10 27,000.00 29,436.10
FD
MFO BRANDYWINE FUND INC., COMMON STOCK, 5,872.29 173,705.40 202,770.17
$.01 PAR OPEN END FUND
MFO CALDWELL & ORKIN FDS INC AGGRESSIVE 35,778.88 552,103.29 581,764.59
GROWTH FD
MFO CAPPIELLO RUSHMORE TR GOLD FD 5,945.57 64,568.91 52,083.19
MFO CAPPIELLO RUSHMORE TR EMERGING 551.34 8,000.00 9,086.08
GROWTH FD
MFO COHEN AND STEERS REALTY SHS INC COM 3,282.44 137,594.02 134,448.74
MFO CRABBE HUSON EQUITY FUND OPEN END 517.87 10,000.00 10,626.69
FUND
MFO DODGE & COX STOCK FUND OPEN END FD 35.40 2,573.30 2,932.89
MFO DREYFUS APPRECIATION FD INC 16,959.43 1,010,345.29 479,273.49
MFO DREYFUS FD INC COM 672.24 7,573.64 8,087.05
MFO DREYFUS GROWTH & INCOME FD INC 1,333.33 26,101.47 28,333.26
MFO DREYFUS GROWTH OPPORTUNITY FD 545.99 5,105.65 5,994.97
MFO DREYFUS NEW LEADERS FUND, OPEN END 0.01 0.00 0.00
FUND
MFO DREYFUS PREMIER STRATEGIC INVESTING 2,580.61 55,259.89 62,812.05
CL A
MFO DREYFUS SHORT INTER GOVT FD SH BEN 1,618.62 17,593.30 17,723.89
INT OPEN END FD
</TABLE>
-471-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MFO DREYFUS THIRD CENTY FD INC OPEN 5,965.27 55,838.73 63,530.13
END FUND
MFO EATON VANCE GROWTH TR EV CLASSIC 1,563.65 20,043.74 21,437.64
GROWTH FD
MFO EATON VANCE SPL INVT TR EV CLASSIC 603.94 7,223.16 8,467.24
SPL EQUITIES FD
MFO EATON VANCE SPL INVT TR EV CLASSIC 4,985.18 50,457.89 51,945.58
TOTAL RETURN FD
MFO FEDERATED HIGH YIELD TR SH BEN INT 7,239.16 66,667.77 66,889.84
OPEN END FUND
MFO FEDERATED INCOME TRUST OPEN END 1,136.58 11,638.79 11,684.04
FUND
MFO FEDERATED U S GOVT BD FD SH BEN INT 952.29 10,027.82 10,132.37
MFO FIDELITY BALANCED FUND, OPEN END FD 5,346.73 71,835.34 77,099.85
MFO FIDELITY CHARLES STR TR ASSET 323.00 5,039.00 5,865.68
MANAGED GROWTH FD
MFO FIDELITY CONTRAFUND INC 326.00 12,839.27 14,432.02
OPEN END FD
MFO FIDELITY EQUITY INCOME FUND NUMBER 115.44 3,615.55 2,905.62
2 OPEN END FUND
MFO FIDELITY EQUITY INCOME FUND REAL 2,733.90 47,033.88 45,218.71
ESTATE INVT PORTFOLIO OPEN END FUND
MFO FIDELITY EQUITY-INCOME FUND INC. 206,679.55 8,115,168.65 9,279,911.80
OPEN END FUND
MFO FIDELITY FUND, OPEN END FUND 119.33 3,099.56 3,054.85
MFO FIDELITY INVT TR DIVERSIFIED INTL FD 772.20 10,070.00 11,722.00
OPEN END FUND
MFO FIDELITY INVT TR SOUTHEAST ASIA FD 619.58 10,070.00 9,758.39
MFO FIDELITY LOW PRICED STOCK FUND 624.29 12,283.62 13,153.79
MFO FIDELITY MAGELLAN FUND, INC., OPEN 25,622.01 2,177,744.95 2,123,808.41
END FUND
MFO FIDELITY MT VERNON STR TR GROWTH CO 42,275.82 1,618,401.01 1,840,689.21
FUND, OPEN END FUND
MFO FIDELITY MT VERNON STR TR NEW 283.29 5,039.00 5,889.60
MILLENIUM FD
MFO FIDELITY NEW LATIN AMERICA FUND OPEN 1,198.24 14,890.96 15,277.56
END FUND
MFO FIDELITY NEW MARKETS INCOME OPEN END 573.84 6,704.25 7,459.92
FUND
MFO FIDELITY OTC PORTFOLIO, OPEN END 24,966.03 781,431.54 860,079.73
FUND
</TABLE>
-472-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MFO FIDELITY OVERSEAS FUND, OPEN END 10,960.46 341,969.90 358,626.25
FUND
MFO FIDELITY SECS FD GROWTH & INC FD 372.84 10,535.65 11,669.89
MFO FIDELITY SELECT TELECOMMUNICATIONS 115.48 15,135.75 5,060.33
FUND, OPEN END FD
MFO FIDELITY SELECT PORTFOLIOS ELECTRS 379.33 9,541.07 13,837.96
PORTFOLIO
MFO FIDELITY SELECT PORTFOLIOS 0.01 0.00 0.00
ENVIORNMENTAL SVCS PORTFOLIO
MFO FIDELITY SELECT PORTFOLIOS 96.26 7,911.30 5,811.22
TECHNOLOGY FD
MFO FIDELITY SELECT HOME FIN FUND OPEN 1,768.32 63,711.21 76,161.54
END FUND
MFO FIDELITY SELECT REGIONAL BANK FD 1,690.22 43,189.09 52,701.06
MFO FIDELITY SELECT INDUSTRIAL 3,313.09 92,695.00 93,329.75
MATERIALS FUND OPEN END FUND
MFO FIDELITY SELECT PORTFOLIOS AIR 4,194.95 79,181.14 79,829.90
TRANSN PORTFOLIO
MFO FIDELITY SELECT PORTFOLIOS MONEY 47,718.29 47,804.65 47,718.29
MARKET PORTFOLIO
MFO FIDELITY SELECT FOOD & AGRICULTURE 187.75 8,262.39 8,146.47
PORTFOLIO
MFO FIDELITY VALUE FUND OPEN END FUND 49.33 2,600.00 2,866.07
MFO FOUNDERS DISCOVERY FUND OPEN END 7,053.71 91,116.62 179,234.77
FUND
MFO FOUNDERS FDS INC GROWTH FD 2,306.92 36,139.35 41,086.25
MFO FOUNDERS FDS INC BLUE CHIP FD 2,953.91 23,144.87 24,871.92
MFO FOUNDERS FDS INC WORLDWIDE GROWTH FD 675.93 14,650.18 14,931.29
MFO FOUNDERS FDS INC EQUITY INCOME FD 5,295.48 55,133.30 60,156.65
MFO FOUNDERS FDS INC SPL FD 1,356.85 10,000.00 11,180.44
MFO FREMONT MUT FDS INC US MICRO-CAP 514.14 10,000.00 10,802.08
MFO GUINNESS FLIGHT INVT FDS INC CHINA & 11,097.29 165,899.46 195,645.22
H K FD
MFO HARBOR CAPITAL APPRECIATION FUND 1,578.39 35,302.08 44,384.33
U.S. EQUITIES FD OPEN END FUND
MFO HARRIS ASSOC INVT TR OAKMARK SMALL 977.18 13,000.00 13,739.15
CAP FD
MFO HEARTLAND GROUP INC SMALL CAP 352.27 4,269.53 4,882.46
CONTRARIAN FD
</TABLE>
-473-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MFO HEARTLAND VALUE FUND OPEN END FUND 962.77 30,000.00 31,626.99
MFO HOTCHKIS & WILEY FDS BALANCED INCOME 1,105.69 20,482.50 21,439.33
FD
MFO HOTCHKIS & WILEY FDS EQTY 1,146.86 20,498.73 23,946.44
INCOME FUND
MFO HOTCHKISS & WILEY INTERNATIONAL FD 5,235.70 104,390.65 116,651.40
MFO IAI EMERGING GROWTH FD OPEN END FUND 81.33 1,787.64 1,870.59
MFO IAI MIDCAP GROWTH FD 2,037.66 34,670.70 39,530.60
MFO INVESCO DYNAMICS FD INC OPEN END FD 162.28 2,016.73 2,383.89
MFO INVESCO INCOME FDS INC HIGH YIELD FD 1,773.74 12,171.21 12,540.34
OPEN END
MFO INVESCO INDUSTRIAL INCOME FUND 4,784.82 62,807.26 70,432.55
MFO INVESCO INTL FDS INC PACIFIC BASIN 4,877.85 70,275.55 71,850.73
FD
MFO INVESCO SPECIALTY FDS INC WORLDWIDE 216.76 2,662.02 2,960.94
COMMUNICATIONS FD
MFO INVESCO SPECIALTY FDS INC EUROPEAN 2,488.73 38,681.43 40,416.98
SMALL CO FD
MFO INVESCO SPECIALTY FDS INC ASIAN 2,443.99 24,000.00 24,488.78
GROWTH FD
MFO INVESCO STRATEGIC PORTFOLIOS INC 866.11 20,091.06 21,375.59
FINL SVCS PORTFOLIO
MFO INVESCO STRATEGIC PORTFOLIOS INC 3,586.09 43,863.68 44,288.21
UTILS
MFO INVESCO STRATEGIC PORTFOLIOS INC 1,084.11 61,331.17 62,011.09
HEALTH SCIENCES PORTFOLIO
MFO INVESCO STRATEGIC PORTFOLIOS INC 1,085.96 34,133.83 39,322.61
TECHNOLOGY PORTFOLIO
MFO INVESCO STRATEGIC PORTFOLIOS INC 1,475.78 20,120.39 23,420.63
ENERGY FD
MFO INVESCO STRATEGIC PORTFOLIOS INC 25,771.65 214,276.51 200,245.72
GOLD PORTFOLIO
MFO INVESCO STRATEGIC PORTFOLIOS INC 133.59 3,097.31 3,156.73
LEISURE PORTFOLIO
MFO INVESCO TOTAL RETURN FUND 4,711.83 118,878.70 117,371.69
MFO JANUS FUND, INC., CAPITAL STOCK, 5,369.05 136,764.84 149,420.66
$.01 PAR, OPEN END FUND
MFO JANUS GROWTH AND INCOME FUND 3,748.78 75,979.13 80,448.82
MFO JANUS INVT FD ENTERPRISE FD 162.30 5,055.49 5,088.11
</TABLE>
-474-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MFO JANUS INVT FD EQUITY INCOME FD 868.06 10,000.00 10,138.94
MFO JANUS INVT FD FLEXIBLE INCOME FD 2,090.37 25,193.00 20,443.82
MFO JANUS INVT FD OLYMPUS FD 2,752.42 39,254.64 41,726.69
MFO JANUS INVT FD OVERSEAS 18,381.37 256,265.73 283,440.73
MFO JANUS INVT FD WORLDWIDE FUND 40,743.44 1,354,561.80 1,464,726.67
MFO JANUS MERCURY FUND OPEN END FUND 5,591.61 106,818.42 105,905.09
MFO JANUS TWENTY FUND, OPEN END FUND 339,926.42 10,042,894.07 11,645,879.15
MFO JANUS VENTURE FUND, OPEN END FUND 19.32 1,126.63 1,117.08
MFO KAUFMANN FUND OPEN END FUND 35,078.68 202,996.86 204,157.92
MFO KEYSTONE AMER GOLBAL OPPORTUNITIES 12,828.55 302,545.97 293,004.08
FD CL A
MFO KEYSTONE AMER OMEGA FD INC CL A 672.20 12,646.96 13,215.45
MFO KEYSTONE AMER STRATEGIC INCOME FD 34,003.44 234,177.63 240,064.29
CL A
MFO LEXINGTON CONV SECS FD SH BEN INT 1,897.21 27,129.48 26,940.38
MFO LEXINGTON GOLD TR SH BEN INT 9,115.27 70,852.28 59,066.95
MFO LEXINGTON STRATEGIC SILVER FUND, INC 4,445.38 20,930.16 19,248.50
OPEN END FUND
MFO LEXINGTON STRATEGIC INVESTMENTS FUND 3,367.00 10,511.18 8,047.13
INC
OPEN END FUND
MFO LINDNER INVTS BULWARK INVS CL 556.17 5,000.00 4,488.29
MFO LINDNER INVTS DIVID FD INVS CL 2,348.90 65,278.99 67,084.58
MFO LOOMIS SAYLES BOND FUND OPEN END 483.87 6,000.00 6,329.02
FUND
MFO MAS POOLED TR FD VALUE PORTFOLIO 1,037.41 15,215.86 18,082.06
MFO MIDAS FD INC 26,445.57 154,086.39 138,574.79
MFO MONTGOMERY FDS EMERGING MKTS FD INC 2,738.39 36,393.73 37,680.25
OPEN END FUND
MFO MONTGOMERY FDS GROWTH FD 988.69 20,761.92 21,148.08
MFO MONTGOMERY FDS GLOBAL OPPORTUNITIES 499.59 8,302.48 8,557.98
FD
MFO MONTGOMERY FDS INTL SMALL CAP FD 385.21 5,000.00 5,893.71
MFO MONTGOMERY FDS SMALL CAP OPPTY FD 636.24 10,593.36 9,804.46
CLASS R
MFO MONTGOMERY GLOBAL COMMUNICATION FUND 0.01 0.00 0.00
OPEN END FUND
</TABLE>
-475-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MFO MUTUAL SER FD INC DISCOVERY FD OPEN 4,055.23 64,089.51 74,575.68
END FUND
MFO MUTUAL SER FUND INC QUALIFIED 717.26 22,930.38 24,738.30
INCOME FUND OPEN END FUND
MFO MUTUAL SERIES FUND, INC., BEACON 2,712.37 114,003.26 112,943.09
FUND, OPEN END FUND
MFO MUTUAL SERIES FUND, INC., SHARES 546.20 53,833.25 54,598.15
FUND, OPEN END FUND
MFO NAVELLIER PERFORMANCE FDS AGGRESSIVE 13,131.89 183,000.00 160,471.70
GROWTH PORTFOLIO
MFO NEUBERGER & BERMAN FOCUS FUND OPEN 139.45 4,000.00 4,607.43
END FUND
MFO NEUBERGER & BERMAN PARTNERS EQUITY 42.30 963.04 1,180.17
FDS PARTNER FD OPEN END FD
MFO NEUBERGER & BERMAN GUARDIAN EQUITY 1,991.41 50,754.37 54,365.49
FD COM STOCK, OPEN END FUND
MFO NORTHEAST INVS TR FUND OPEN END 1,003.14 10,727.75 10,984.38
FUND
MFO OAKMARK FUND, HARRIS ASSOC INVT TR 3,643.07 112,259.78 126,050.22
MFO OAKMARK INTERNATIONAL FUND OPEN END 17,475.71 254,903.17 267,902.63
FUND
MFO PBHG CORE GROWTH FUND 1,980.12 26,052.17 27,206.85
MFO PBHG FDS INC LARGE CAP GROWTH FD 1,699.19 27,500.00 27,985.66
MFO PBHG FDS INC LTD FD CL 575.83 5,758.28 6,080.76
MFO PBHG FDS INC SELECT EQUITY FD 4,295.37 80,924.54 87,196.01
MFO PBHG FDS INC TECHNOLOGY & 6,768.17 102,936.46 119,525.88
COMMUNICATIONS FD
MFO PBHG GROWTH FD INC COMMOM STOCK 256,192.26 6,794,424.39 6,901,819.48
OPEN END FUND
MFO PILGRIM BAXTER EMERGING GROWTH FUND 3,129.53 78,442.61 77,894.00
MFO PIONEER CAPITAL GROWTH 38,884.39 787,374.17 796,741.15
MFO PIONEER EMERGING MKTS FD CL A 53,833.97 742,907.95 750,445.54
MFO PIONEER II INC COMMON STK $1 PAR 367,050.28 8,342,949.75 8,629,352.08
OPEN END FUND
MFO PIONEER INTL GROWTH FD CL A 12,064.96 282,375.00 282,199.41
MFO RAINER INVT MGMT MUT FDS SMALL 1,161.73 20,929.64 22,932.55
MID/CAP EQUITY PORTFOLIO
MFO RBB FD INC NUMERIC GROWTH FD CL GG 1,658.49 20,000.00 21,742.80
</TABLE>
-476-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MFO ROBERTSON STEPHENS INVT TR MICROCAP 932.27 9,882.01 9,863.42
GROWTH FD
MFO ROBERTSON STEPHENS INVT TR GROWTH & 1,335.24 17,100.50 18,840.24
INCOME FD
MFO ROBERTSON STEPHENS ENERGING GROWTH 2,170.72 49,500.00 48,797.79
FD
MFO ROBERTSON STEPHENS INVT TR NAT RES 4,176.58 56,145.59 60,059.22
FD
MFO ROBERTSON STEPHENS INVT TR INFO AGE 1,561.95 18,016.51 19,258.84
FD
MFO ROBERTSON STEPHENS INVT TR VALUE 1,476.85 33,376.84 38,723.01
PLUS GROWTH FD
MFO ROBERTSON STEPHENS INVT TR 18,899.23 299,147.32 319,396.99
CONTRARIAN FUND
MFO ROWE PRICE NEW HORIZONS FD INC 1,640.34 33,881.10 39,515.79
CAPITAL STK $1 PAR OPEN END FUND
MFO ROWE T PRICE BLUE CHIP GROWTH FD 319.49 6,042.00 6,236.44
MFO ROWE T PRICE EQUITY INCOME FUND 2,069.65 44,583.21 48,760.95
SHARES OF BENEFICIAL INT, OPEN END FUND
MFO ROWE T PRICE INTERNATIONAL FUNDS INC 2,057.30 18,404.94 19,174.04
NEW ASIA FUND
OPEN END FUND
MFO ROWE T PRICE INTL FUNDS INC., INTL 3,115.15 42,884.00 43,861.31
STK FUND
OPEN END FUND
MFO ROWE T PRICE INTERNATIONAL FUNDS, 201.70 2,081.62 2,150.12
INC, INTERNATIONAL BOND FUND OPEN END
FUND
MFO ROWE T PRICE MID-CAP GROWTH FD INC 876.00 20,000.00 21,716.04
COM
MFO ROWE T PRICE SCIENCE & TECHNOLOGY 1,861.58 57,113.10 64,727.14
FUND OPEN END FUND
MFO ROWE T PRICE VALUE FD INC 1,286.47 20,126.53 21,136.70
MFO ROYCE MICRO CAP FD 608.27 5,035.10 5,133.80
MFO RUSHMORE FD INC U S GOVT LONG-TERM 1,963.71 20,851.69 20,128.03
SECS
MFO RYDEX SER TR URSA FD 31,814.50 244,843.68 218,247.47
MFO SAFECO EQUITY FD INC 1,303.75 22,186.57 22,932.96
MFO SCHWAB CAP TR S&P 500 FD INV SHS 3,325.80 33,381.51 38,878.60
MFO SCHWAB CHARLES FAMILY FDS VALUE 238,483.92 238,711.83 238,483.92
ADVANTAGE MONEY FD
</TABLE>
-477-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MFO SCHWAB INVTS 1000 EQUITY FD 6,194.50 115,334.16 129,774.78
MFO SCUDDER EMERGING MARKETS FIXED 5,824.26 77,440.84 79,093.45
INCOME
MFO SCUDDER GLOBAL FD INC COMMON STOCK 290.56 8,335.04 8,484.35
OPEN END FUND
MFO SCUDDER GLOBAL SMALL COMPANY FUND 535.95 10,816.53 11,190.64
MFO SCUDDER INTERNATIONAL BOND FUND 511.37 5,814.31 5,793.82
OPEN END FUND
MFO SCUDDER INTL FD INC GREATER EUROPE 117.58 2,000.00 2,104.68
GROWTH FD
MFO SCUDDER INTL FD INC PAC 497.10 8,275.00 8,336.37
OPPORTUNITIES FD OPEN END FUND
MFO SCUDDER MUT FDS INC GOLD FD 14,721.38 223,682.74 196,972.06
MFO SCUDDER PORTFOLIO TR HIGH YIELD BD 246.39 3,023.59 3,072.48
FD
MFO SEI SMALL CAP GROWTH FUND OPEN END 255.99 5,000.00 5,066.04
FUND
MFO SELECTED AMERICAN SHARES INC CAPITAL 1,345.37 28,032.63 30,539.90
STK $1.25 PAR OPEN END FUND
MFO SELIGMAN COMMUNICATIONS & 1,013.47 23,340.62 24,373.95
INFORMATION FD INC CL A
MFO SOUND SHORE FD INC COM 774.47 16,069.80 18,618.26
MFO STEIN ROE INVT TR SPL FD 81.26 2,062.24 2,266.34
MFO STEIN ROE INVT TR YOUNG INVESTOR FD 1,477.71 25,000.00 29,022.22
MFO STEIN ROE INVT TR CAP OPPORTUNITIES 13,918.77 390,264.15 406,984.83
FD
MFO STEIN ROE SPECIAL VENTURE FD - 182.56 2,229.03 2,462.73
RECONCILEMENT SEC FD FBO DAILY VALUED
PLANS
MFO STRONG ADVANTAGE FD INC 2,021.43 22,446.01 20,315.37
MFO STRONG AMERN UTILS FD INC 2,602.81 34,374.49 34,200.92
MFO STRONG ASSET ALLOCATION FD 5,326.44 107,324.80 111,961.77
MFO STRONG DISCOVERY FUND OPEN END FUND 14,988.54 272,329.01 262,449.34
MFO STRONG GROWTH FUND 6,534.22 112,235.66 126,829.21
MFO STRONG INTL STK FD INC OPEN END FUND 49,155.06 697,972.16 696,527.20
MFO STRONG OPPORTUNITY FUND OPEN END 21,696.76 754,578.12 840,966.42
FUND
MFO STRONG SCHAFER VALUE FD 218.96 10,000.00 11,438.47
</TABLE>
-478-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MFO STRONG TOTAL RETURN FD INC COMMON 43,508.05 1,350,888.26 1,438,376.13
STK OPEN END FUND
MFO T. ROWE PRICE NEW ERA FUND INC 184.43 5,039.00 5,151.13
COMMON OPEN END FUND
MFO THIRD AVENUE FUND 435.92 10,000.00 11,299.05
MFO TORRAY FD SH BEN INT 468.58 10,070.41 12,009.71
MFO TWEEDY BROWNE FD INC AMERICAN VALUE 6,401.47 87,611.00 103,191.70
FD FORMERLY VALUE FD TO 10-01-1994
MFO TWENTIETH CENTURY CAP PORTFOLIOS INC 10,295.06 65,653.75 73,815.58
TWENTIETH CENTURY VALUE FD
MFO TWENTIETH CENTURY INVESTORS INC 4,384.30 68,522.44 67,693.59
VISTA SH OPEN END FUND
MFO TWENTIETH CENTURY GROWTH INVESTORS 255.36 5,000.00 5,909.03
INC., COMMON STOCK, OPEN END FUND
MFO TWENTIETH CENTURY INVESTORS INC., 9,612.36 273,086.92 302,885.46
ULTRA SHARES, $1 PAR OPEN END FUND
MFO UNITED SERVICES WORLD GOLD FD OPEN 9,179.23 187,782.74 191,754.11
END FD
MFO UNITED SVCS FDS CHINA REGION 3,469.88 21,592.76 23,872.77
OPPORTUNITY FD
MFO VAN WAGONER FDS INC MID-CAP FD 226.42 3,000.00 2,966.10
MFO VAN WAGONER FDS INC EMERGING GROWTH 5,253.19 72,229.88 69,552.24
FD
MFO VAN WAGONER FDS INC MICRO-CAP FD 470.97 6,034.00 5,519.77
MFO VANGUARD / WINDSOR FD INC VANGUARD / 2,960.62 60,586.90 76,117.54
WINDSOR II PORTFOLIO OPEN END FUND
MFO VANGUARD FIXED INCOME SECS FD SHORT 559.63 6,046.90 6,060.79
TERM BD PORT - RECONCILEMENT SEC FD FBO
DAILY VALUED PLANS
MFO VANGUARD FIXED INCOME SECURITIES 466.54 4,287.13 4,250.18
FUND LONG TERM CORPORATE PORTFOLIO
MFO VANGUARD FIXED INCOME HIGH YIELD 2,739.25 21,073.54 21,448.33
CORPORATE BOND FUND OPEN END FUND
MFO VANGUARD FIXED INCOME SECS FD INC 411.13 4,203.70 4,218.19
US TREAS BD PORTFOLIO OPEN END FD
MFO VANGUARD INDEX TRUST - 500 PORTFOLIO 641.89 40,888.96 45,824.53
SHARES OF BENEFICIAL INTEREST OPEN END
FUND
MFO VANGUARD SPECIALIZED PORTFOLIOS 439.06 25,039.69 25,869.42
HEALTH CARE PORTFOLIO, OPEN END FUND
MFO VANGUARD SPECIALIZED PORTFOLIO 246.03 5,000.00 5,675.91
ENERGY PORTFOLIO OPEN END FUND
</TABLE>
-479-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
MFO VANGUARD WORLD FUND, INTERNATIONAL 5,835.32 90,527.87 100,309.15
GROWTH PORTFOLIO, OPEN END FUND
MFO VANGUARD/WELLESLEY INC FD INC COMM 461.45 10,000.00 9,976.55
OPEN END FUND
MFO VONTOBEL EASTERN EUROPEAN EQUITY FD 1,507.16 20,000.00 20,994.74
MFO WARBIRG PINCUS EMERGING GROWTH FD 1,539.05 47,740.47 50,804.04
MFO WARBURG PINCUS EMERGING MKTS FD INC 4,670.03 60,510.52 58,702.28
MFO WARBURG PINCUS FIXED INCOME FD SH 0.01 0.00 0.00
BEN INT
MFO WARBURG PINCUS GROWTH & INCOME FD 0.15 249.46 2.36
INC
MFO WARBURG PINCUS INTL EQUITY FD OPEN 2,567.07 53,415.01 55,423.04
END FUND
MFO WARBURG PINCUS JAPAN OTC FD COM 216.46 2,029.04 1,751.16
MFO WARBURG PINCUS POST-VENTURE CAP FUND 256.02 4,481.45 4,150.08
MFO WASATCH ADVISORS FDS INC MICRO-CAP 7,683.01 20,766.18 23,049.03
FD
MFO WASATCH ADVISORS FDS INC MID-CAP FD 109.71 1,967.38 2,017.57
MFO WASATCH ADVISORS FDS INC GROWTH FD 288.18 5,000.00 5,149.78
MFO WESTCORE TR BLUE CHIP FUND 120.20 2,012.72 2,340.29
MFO WRIGHT EQUIFUND EQUITY TR MEXICO FD 2,943.50 14,923.81 15,512.25
MFO WRIGHT EQUIFUND EQUITY TR 649.16 6,439.67 7,439.37
NETHERLANDS FD
MFO WRIGHT EQUIFUND EQUITY TR NORDIC FD 755.62 9,996.84 10,979.16
MFO YACKTMAN FD INC OPEN END FUND 17,678.11 234,125.31 258,453.97
MF0 LEXINGTON CORPORATE LEADERS TR FD 1,431.39 23,002.44 23,789.70
CTF SER B
SCHWAB CAP TR ONESOURCE BALANCED 992.06 10,000.00 9,999.96
PORTFOLIO
TEMPLETON VIETNAM OPPORTUNITES FD INC 100.00 1,219.98 1,163.00
COM STK
TOTAL INTEREST IN REGISTERED INVESTMENT CO. 69,050,530.93 73,988,336.81
OTHER
=====
</TABLE>
-480-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
PRIMERICA SETTLEMENT CERTIFICATE 36.00 0.00 0.00
EXPIRING 1-15-97
&&& UAL - CO. STOCK DISTRIBUTION REC. 0.00 0.00 0.00
&&& UAL - CO. STOCK DISTRIBUTION 0.00 0.00 0.00
(PAYABLE)
&&& UAL - LOAN ASSET 154,571.36 154,571.36 154,571.36
&&& UAL - LOAN PRIN. ONLY (PAYABLE) 1.00 0.00 - 151,913.00
&&& UAL - MM INT. ACCRUAL (PAYABLE) 0.00 0.00 0.00
&&& UAL - PRIOR TRUSTEE REC. 1.00 0.00 0.00
&&&FUTURES P/R ESTIMATED MARK BASED ON 3.00 0.00 0.00
PRIOR DAY CONTRACT POSITION
ADV TISSUE SCIENCES COM STK CALL OPTION -2.00 0.00 -138.00
EXP 12/21/96 W/STRK PR $12.50 PER SHR
AMERICAN EXPRESS CALL OPTION -1.00 0.00 -338.00
EXP 1/18/97 W/STRK PR. $50.00 PER SHR
APPLIX INC COM STK CALL OPTION -2.00 0.00 -76.00
EXP 11/16/96 W/STK PR $25.00 PER SHR
AUDITING EXPENSE ACCRUAL 33.00 0.00 0.00
AUS ALL ORDS DEC 96 FUTRE -23.00 -1,671,994.80 -1,117,386.91
AUS ALL ORDS DEC 96 FUTRE 23.00 1,671,994.80 1,117,386.91
BAY NETWORKS COM STK CALL OPTION -3.00 0.00 -1,350.00
EXP 12/21/96 W/STK PR $22.50 PER SHR
CAC40 INDEX DEC96 FUTURE -21.00 -1,749,187.62 -1,864,933.18
CAC40 INDEX DEC96 FUTURE 21.00 1,749,187.62 1,864,933.18
DAX INDEX FUTURE DEC96 FUTURE -8.00 -1,410,504.47 -1,484,353.65
DAX INDEX FUTURE DEC 96 FUTURE 8.00 1,410,504.47 1,484,353.65
DIGITAL EQUIP COM STK CALL OPTION -1.00 0.00 -63.00
EXP 01/18/97 W/STK PR 45.00 PER SHR
EXABYTE CORP COM STK CALL OOPTION -10.00 0.00 -690.00
EXP 12/21/96 W/STRK PR $15.00 PER SHR
FT-SE 100 INDEX DEC 96 FUTURE -11.00 -1,724,709.67 -1,878,833.20
FT-SE 100 INDEX DEC 96 FUTURE 11.00 1,724,709.67 1,878,833.20
</TABLE>
-481-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
HANG SENG INDEX NOV 96 FUTRE -11.00 -881,195.03 -959,441.28
HANG SENG INDEX NOV 96 FUTURE 11.00 881,195.03 959,441.28
IMP INC. COMMON STOCK CALL OPTION -20.00 0.00 -380.00
EXP 1/18/97 W/STRK PR $5.00 PER SHR
IOMEGA CORP COMMON STOCK CALL OPTION -5.00 0.00 -250.00
EXP 12/21/96 W/STRK PR $25.00 PER SHR
IOMEGA CORP COMMON STOCK CALL OPTION -10.00 0.00 -1,375.00
EXP 12/21/96 W/STRK PR $22.50 PER SHR
IOMEGA CORP. COMMON STOCK CALL OPTION -2.00 0.00 -225.00
EXP 2/22/97 W/STRK PR $30.00 PER SHR
MICRON TECHNOLOGY COMMON STOCK CALL OPT -10.00 0.00 -6,750.00
EXP 4/19/97 W/STRK PR $30.00 PER SHR
MICRON TECHNOLOGY COMMON STOCK CALL OPT -4.00 0.00 -976.00
EXP 4/19/97 W/STRK PR $40.00 PER SHR
MISCELLANEOUS VALUATION EXPENSE ACCRUAL 1.00 0.00 0.00
MOTOROLA INC. COMMON STOCK CALL OPT -1.00 0.00 -300.00
EXP 1/18/97 W/STRK PR $55.00 PER SHR
NEWMONT MINING COM STK CALL OPTION -1.00 0.00 -13.00
EXP 12/21/96 W/STK PR $55.00 PER SHR
PROXIM INC COM STK CALL OPTION -2.00 0.00 -200.00
EXP 01/18/97 W/STK PR $22.50 PER SHR
SILICON GRAPHICS INC COM STK CALL OPTION -1.00 0.00 -6.00
EXP 2/22/97 W/STRK PR $30.00 PER SH
SYSTEMSOFT CORP COM STK CALL OPTION -2.00 0.00 -50.00
EXP 12/21/96 W/STK PR $25.00 PER SHR
TEXAS INST COM STK CALL OPTION -1.00 0.00 -988.00
EXP 01/18/97 W/STK PR $55.00 PER SHR
TOKYO TOPIX INDEX DEC96 FUTURE -48.00 -6,848,344.19 -6,605,272.41
TOKYO TOPIX INDEX DEC96 FUTURE 48.00 6,848,344.19 6,605,272.41
TRUSTEE/CUSTODY EXPENSE ACCRUAL 6.00 0.00 0.00
US ROBOTICS COM STK CALL OPTION -6.00 0.00 -13,878.00
EXP 05/17/97 W/STK PR $60.00 PER SHR
VENTRITEX INC COM STK CALL OPTION -40.00 0.00 -16,000.00
EXP 02/22/97 W/STK PR $20.00 PER SHR
1996 DECEMBER MIDCAP FUTURE CME (LONG) 20.00 0.00 0.00
1996 DECEMBER RUSSELL 2000 INDEX FUTURE 11.00 0.00 0.00
CME (LONG)
</TABLE>
-482-
The Northern Trust Company
==========================
<PAGE>
00-01666 PLAN TRUST - SUPERCONSOLIDATED NOVEMBER 29, 1996
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27a
**********************************************************
<TABLE>
<CAPTION>
IDENTITY OF ISSUE,BORROWER, LESSOR PAR CURRENT
OR SIMILIAR PARTY VALUE COST VALUE
----------------- ------ ----- -----
<S> <C> <C> <C>
1996 DECEMBER S&P INDEX FUTURE (CME) 68.00 0.00 0.00
LONG
1996 DECEMBER S&P INDEX FUTURE (CME) 1.00 0.00 0.00
SHORT
1996 DECEMBER 10YR U.S T-NT FUTURE (CBT) 6.00 0.00 0.00
LONG
1996 JUNE S+P INDEX FUTURE (CME) (LONG) 3.00 0.00 0.00
1997 MARCH S&P INDEX FUTURE (CME) 39.00 0.00 0.00
LONG
TOTAL OTHER 154,571.36 - 41,387.64
TOTAL ASSETS 1,811,739,935.44 2,138,722,362.13
</TABLE>
-483-
Exhibit 23
Consent of Independent Public Accountants
As independent public accountants, we hereby consent to
the incorporation of our report included in this Form 11-
K for the year ended November 30, 1996, into UAL's
previously filed Form S-8 and Post Effective Amendment
No. 1 to Form S-8 Registration Statement (File No. 33-
59950) and Form S-8 Registration Statement (File No. 333-
03039) for the United Air Lines, Inc. Pilots' Directed
Account Retirement Income Plan.
/s/ Arthur Andersen
LLP
Arthur Andersen LLP
Chicago, Illinois
May 23, 1997
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