DIAL CORP /NEW/, 11-K, 2000-05-30

DIAL CORP /NEW/
11-K, 2000-05-30
SOAP, DETERGENTS, CLEANG PREPARATIONS, PERFUMES, COSMETICS
Previous: EXIGENT INTERNATIONAL INC, DEFA14A, 2000-05-30
Next: DIAL CORP /NEW/, 11-K, 2000-05-30


<HTML>
<HEAD>
<TITLE>EDGARfilings.com</TITLE>
</HEAD>
<BODY>
<CENTER>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD>
<P><font size=2> </font></P>
<P><font size=2> </font></P>
<P><font size=2> </font></P>
<P><font size=2> </font></P>
<center><font size=2>SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549
<BR><BR><BR>
<B>FORM 11-K</B>
<BR><BR><BR><BR>
<B>ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE
<BR>SECURITIES EXCHANGE ACT OF 1934</B></font></center>
<BR><BR>
<P><font size=2>For the eleven-month period ended November 30, 1999</font></P>
<P><font size=2>Commission file number: 1-11793</font></P>
<P><font size=2> </font></P>
</TD>
</TR>
</TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0>
<TR>
<TD vAlign=top width=38>
<P><font size=2>A.</font></P></TD>
<TD colSpan=3 vAlign=top width=567>
<P><font size=2>Full title of the Plan and address of the Plan, if different from that of the issuer named below:</font></P></TD></TR>
<TR>
<TD colSpan=4 vAlign=top width=605>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=38>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=48>
<P><font size=2> </font></P></TD>
<TD colSpan=2 vAlign=top width=519>
<P><font size=2>The Freeman Cosmetic Corporation Capital Accumulation Plan</font></P></TD></TR>
<TR>
<TD colSpan=4 vAlign=top width=605>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=38>
<P><font size=2>B.</font></P></TD>
<TD colSpan=3 vAlign=top width=567>
<P><font size=2>Name of issuer of the securities held pursuant to the Plan and the address of its principal executive office:</font></P></TD></TR>
<TR>
<TD colSpan=4
vAlign=top width=605>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=38>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=48>
<P><font size=2> </font></P></TD>
<TD colSpan=2 vAlign=top width=519>
<P><font size=2>THE DIAL CORPORATION</font></P></TD></TR>
<TR>
<TD vAlign=top width=38>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=48>
<P><font size=2> </font></P></TD>
<TD colSpan=2 vAlign=top width=519>
<P><font size=2>15501 NORTH DIAL BOULEVARD</font></P></TD></TR>
<TR>
<TD vAlign=top width=38>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=48>
<P><font size=2> </font></P></TD>
<TD colSpan=2 vAlign=top width=519>
<P><font size=2>SCOTTSDALE, ARIZONA 85260-1619</font></P></TD></TR>
<TR>
<TD colSpan=4 vAlign=top width=605>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD colSpan=4 vAlign=top width=605>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=38>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=48>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=48>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=471>
<P><font size=2>SIGNATURE</font></P></TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD>
<P><font size=2> </font></P>
<P><font size=2><I>The Plan</I>. Pursuant to the
requirements of the Securities Exchange Act of 1934, The Freeman Cosmetic
Corporation Capital Accumulation Plan has duly caused this annual report to be
signed on its behalf by the undersigned thereunto duly authorized.</font></P>
<P><font size=2> </font></P>
<P><font size=2> </font></P>
</TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0>
<TR>
<TD vAlign=top width=213>
<P><font size=2> </font></P></TD>
<TD colSpan=2 vAlign=top width=426>
<P><font size=2>THE FREEMAN COSMETIC CORPORATION</font></P></TD></TR>
<TR>
<TD vAlign=top width=213>
<P><font size=2> </font></P></TD>
<TD colSpan=2 vAlign=top width=426>
<P><font size=2>CAPITAL ACCUMULATION PLAN</font></P></TD></TR>
<TR>
<TD vAlign=top width=213>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=42>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=383>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=213>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=42>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=383>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=213>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=42>
<P><font size=2>By</font></P></TD>
<TD vAlign=top width=383>
<P><font size=2>/s/ Susan J. Riley</font></P></TD></TR>
<TR>
<TD vAlign=top width=213>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=42>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=383>
<P><font size=2>Susan J. Riley</font></P></TD></TR>
<TR>
<TD vAlign=top width=213>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=42>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=383>
<P><font size=2>Executive Vice President and Chief Financial Officer of</font></P></TD></TR>
<TR>
<TD vAlign=top width=213>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=42>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=383>
<P><font size=2>The Dial Corporation</font></P></TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD>
<P><font size=2> </font></P>
<P><font size=2>DATE:  May 25, 2000</font></P><BR>
<P><font size=2> </font></P>
<P><font size=2> </font></P>
<HR NOSHADE SIZE=1>
<P><font size=2> </font></P>
<P><font size=2> </font></P>
<P><font size=2> </font></P>
<center><font size=2>THE FREEMAN COSMETIC CORPORATION<BR>
CAPITAL ACCUMULATION PLAN<BR>
(formerly known as The Jerry Freeman 401(k) and Profit Sharing Plan)</font><BR>
<P><font size=2> </font></P>
<P><font size=2> </font></P>
<font size=2>Financial Statements<BR>
Eleven-Month Period Ended November 30, 1999<BR>
And the Year Ended December 31, 1998,<BR>
Supplemental Schedules for the<BR>
Eleven-Month Period Ended November 30, 1999,<BR>
and Independent Auditors' Report<BR></font></center>
<P><font size=2> </font></P>
<P><font size=2> </font></P>
<HR NOSHADE SIZE=1>
<P><font size=2> </font></P>
</TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0>
<TR>
<TD colSpan=2 vAlign=top width=638>
<P><font size=2><B>THE FREEMAN COSMETIC CORPORATION CAPITAL ACCUMULATION PLAN</B></font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2><B>(formerly known as The Jerry Freeman 401(k) and Profit Sharing Plan)</B></font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD colSpan=2 vAlign=top width=638>
<P><font size=2><B>TABLE OF CONTENTS</B></font></P></TD></TR>
<TR>
<TD colSpan=2 vAlign=top width=638>
<HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2>Page</font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2>INDEPENDENT AUDITORS' REPORT</font></P></TD>
<TD vAlign=top width=55>
<P><font size=2>1</font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2>FINANCIAL STATEMENTS AS OF NOVEMBER 30, 1999 AND </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2>   DECEMBER 31,1998 AND FOR THE ELEVEN-MONTH PERIOD</font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2>   ENDED NOVEMBER 30, 1999 AND THE YEAR ENDED</font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2>   DECEMBER 31,1998:</font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2>       Net Assets Available for Benefits</font></P></TD>
<TD vAlign=top width=55>
<P><font size=2>2</font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2>       Changes in Net Assets Available for Benefits</font></P></TD>
<TD vAlign=top width=55>
<P><font size=2>3</font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2>       Notes to Financial Statements</font></P></TD>
<TD vAlign=top width=55>
<P><font size=2>4-13</font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2>SUPPLEMENTAL SCHEDULES AS OF NOVEMBER 30, 1999</font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2>  AND FOR THE ELEVEN-MONTH PERIOD THEN ENDED:</font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2>       Assets Held for Investment Purposes</font></P></TD>
<TD vAlign=top width=55>
<P><font size=2>14</font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2>       Reportable Transactions</font></P></TD>
<TD vAlign=top width=55>
<P><font size=2>15</font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=55>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=583>
<P><font size=2>EXHIBIT 23 - INDEPENDENT AUDITORS' CONSENT</font></P></TD>
<TD vAlign=top width=55>
<P><font size=2>16</font></P></TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD>
<P><font size=2> </font></P>
<P><font size=2> </font></P>
<HR NOSHADE SIZE=1>
<P><font size=2> </font></P>
<P><font size=2><B>INDEPENDENT AUDITORS' REPORT</B></font></P>
<P><font size=2> </font></P>
<font size=2>Plan Administrator and Plan Participants<BR>
The Freeman Cosmetic Corporation Capital Accumulation Plan<BR>
Scottsdale, Arizona</font><BR>
<P><font size=2>We have audited the
accompanying statements of net assets available for benefits of The Freeman
Cosmetic Corporation Capital Accumulation Plan (the "Plan") (formerly known as
The Jerry Freeman 401(k) and Profit Sharing Plan) as of November 30, 1999 and
December 31, 1998, and the related statements of changes in net assets available
for benefits for the eleven-month period ended November 30, 1999 and the year
ended December 31, 1998.  These
financial statements are the responsibility of the Plan's management.  Our responsibility is to express an
opinion on these financial statements based on our audits.</font></P>
<P><font size=2>We conducted our audits in
accordance with auditing standards generally accepted in the United States of
America.  Those standards require
that we plan and perform the audit to obtain reasonable assurance about whether
the financial statements are free of material misstatement.  An audit includes examining, on a test
basis, evidence supporting the amounts and disclosures in the financial
statements.  An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement
presentation.  We believe that our
audits provide a reasonable basis for our opinion.</font></P>
<P><font size=2>In our opinion, such
financial statements present fairly, in all material respects, the net assets
available for benefits of the Plan at November 30, 1999 and December 31, 1998,
and the changes in net assets available for benefits for the eleven-month period
ended November 30, 1999 and the year ended December 31, 1998 in conformity with
accounting principles generally accepted in the United States of
America.</font></P>
<P><font size=2>Our audits were conducted
for the purpose of forming an opinion on the basic financial statements taken as
a whole.  The supplemental schedules
as of and for the eleven-month period ended November 30, 1999 on pages 14 and 15
are presented for the purpose 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.  These schedules are the responsibility
of the Plan's management.  Such
schedules have been subjected to the auditing procedures applied in our audit of
the basic 1999 financial statements and, in our opinion, are fairly stated, in
all material respects when considered in relation to the basic financial
statements taken as a whole.</font></P>
<P><font size=2> </font></P>
<font size=2>/s/ Deloitte & Touche LLP<BR>
Deloitte & Touche LLP</font>
<P><font size=2> </font></P>
<P><font size=2>Phoenix, Arizona<BR>
May 5, 2000 </font></P>
<P><font size=2> </font></P>
<HR NOSHADE SIZE=1>
<P><font size=2> </font></P>
</TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0>
<TR>
<TD colSpan=6 vAlign=top>
<P><font size=2><B>THE FREEMAN COSMETIC CORPORATION CAPITAL ACCUMULATION PLAN</B></font></P></TD></TR>
<TR>
<TD colSpan=6 vAlign=top>
<P><font size=2><B>(formerly known as The Jerry Freeman 401(k) and Profit Sharing Plan)</B></font></P></TD></TR>
<TR>
<TD colSpan=6 vAlign=top>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD colSpan=6 vAlign=top><P><font size=2><B>STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS</B></font></P></TD></TR>
<TR>
<TD colSpan=6 vAlign=top><P><font size=2><B>NOVEMBER 30, 1999 AND DECEMBER 31, 1998</B></font></P></TD></TR>
<TR>
<TD vAlign=top colSpan=6><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2><B>ASSETS</B></font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=center><font size=2><B>1999</B></font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=center><font size=2><B>1998</B></font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>INVESTMENTS AT FAIR VALUE:</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>  Shares of registered investment companies:</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96>
<P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Kemper Tech A Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=left><font size=2>$</font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>228,922</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Kemper Total Return A Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>66,079</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Kemper Money Market Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>229,141</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Kemper High Yield A Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>555,845</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Kemper International A Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>90,008</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Kemper Blue Chip A Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>1,303,729</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Kemper Horizon 20 A Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>19,181</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Kemper Horizon 10 A Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>562,117</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Kemper Horizon 5 A Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>9,877</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Kemper High Return A Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>553,403</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Kemper Small Cap V Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>242,642</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    T. Rowe Price Stable Value Fund</font></P></TD>
<TD vAlign=top width=16><P align=left><font size=2>$</font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>24,004</font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    T. Rowe Price Retirement Strategy Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>98,575</font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    T. Rowe Price Prime Reserve Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>884,823</font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    T. Rowe Price Spectrum Income Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96> <P align=right><font size=2>38,444</font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    T. Rowe Price Spectrum Growth Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>98,363</font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Vanguard Windsor Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>116,897</font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>  Common stock:</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    The Dial Corporation Common Stock Fund</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>317,312</font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>  Participant notes receivable</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>35,622</font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>80,949</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>             Total investments at fair value</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>1,614,040</font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>3,941,893</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>INTEREST RECEIVABLE</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>-</font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>13,079</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>NET ASSETS AVAILABLE FOR BENEFITS</font></P></TD>
<TD vAlign=top width=16><P align=left><font size=2>$</font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>1,614,040</font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=left><font size=2>$</font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>3,954,972</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=4></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=4></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>See notes to financial statements.</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P>
</TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD>
<P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>2</font></CENTER>
<HR NOSHADE SIZE=1><BR><BR>
</TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0>
<TR>
<TD colSpan=6 vAlign=top><P><font size=2><B>THE FREEMAN COSMETIC CORPORATION CAPITAL ACCUMULATION PLAN</B></font></P></TD></TR>
<TR>
<TD colSpan=6 vAlign=top><P><font size=2><B>(formerly known as The Jerry Freeman 401(k) and Profit Sharing Plan)</B></font></P></TD></TR>
<TR>
<TD colSpan=6 vAlign=top><P><font size=2> </font></P></TD></TR>
<TR>
<TD colSpan=6 vAlign=top><P><font size=2><B>STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS</B></font></P></TD></TR>
<TR>
<TD colSpan=6 vAlign=top><P><font size=2><B>ELEVEN-MONTH PERIOD ENDED NOVEMBER 30, 1999</B></font></P></TD></TR>
<TR>
<TD colSpan=6 vAlign=top><P><font size=2><B>AND THE YEAR ENDED DECEMBER 31, 1998</B></font></P></TD></TR>
<TR>
<TD colSpan=6 vAlign=top><HR NOSHADE SIZE=1><BR></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=center><font size=2><B>1999</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=center><font size=2><B>1998</B></font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=96><P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>ADDITIONS:</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> Contributions:</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Employer</font></P></TD>
<TD vAlign=top width=16><P align=left><font size=2>$</font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>48,260</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=left><font size=2>$</font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>150,220</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Employee </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>120,350</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>313,244</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=16> <P align=right><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>         Total contributions</font></P></TD>
<TD vAlign=top width=16>
<P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>168,610</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>463,464</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=16> <P align=right><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>  Investment income:</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Dividends</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>3,500</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>182,051</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Interest</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>110,546</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>5,578</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>    Net appreciation in fair value of investments</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>53,626</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>153,637</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=16> <P align=right><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>        Total investment income</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>167,672</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>341,266</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=16> <P align=right><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>        Total additions</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>336,282</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>804,730</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>DEDUCTIONS - Benefits paid to participants</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>2,677,214</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>188,615</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=16> <P align=right><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>NET (DECREASE)/INCREASE</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>(2,340,932)</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>616,115</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>NET ASSETS AVAILABLE FOR BENEFITS,</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> BEGINNING OF PERIOD</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>3,954,972</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>3,338,857</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=16> <P align=right><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>NET ASSETS AVAILABLE FOR BENEFITS</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> END OF PERIOD</font></P></TD>
<TD vAlign=top width=16><P align=left><font size=2>$</font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>1,614,040</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=left><font size=2>$</font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2>3,954,972</font></P></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=4></TD>
<TD vAlign=top width=16> <P align=right><font size=2> </font></P></TD>
<TD vAlign=top colspan=2><HR NOSHADE SIZE=4></TD></TR>
<TR>
<TD vAlign=top width=325><P><font size=2>See notes to financial statements. </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=96><P align=right><font size=2> </font></P></TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD>
<P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>3</font></CENTER>
<HR NOSHADE SIZE=1><BR><BR>
<font size=2><B>THE FREEMAN COSMETIC CORPORATION CAPITAL ACCUMULATION PLAN<BR>
(formerly known as The Jerry Freeman 401(k) and Profit Sharing Plan)</B></font><BR><BR>
</TD></TR>
<TR>
<TD>
<P><font size=2><B>NOTES TO FINANCIAL STATEMENTS </B></font></P></TD></TR>
<TR>
<TD>
<font size=2><B>ELEVEN-MONTH PERIOD ENDED NOVEMBER 30, 1999<BR>
 AND THE YEAR ENDED DECEMBER 31, 1998</B></font>
<HR NOSHADE SIZE=1><BR>
</TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD vAlign=top width=24>
<P><font size=2><B>1.</B></font></P></TD>
<TD colSpan=3 vAlign=top width=616>
<P><font size=2><B>DESCRIPTION OF THE PLAN</B></font></P></TD></TR>
<TR>
<TD colSpan=4 vAlign=top width=640>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD colSpan=3 vAlign=top width=616>
<font size=2>The following brief description of The Freeman Cosmetic Corporation Capital Accumulation Plan
(the "Plan") (formerly known as The Jerry Freeman 401(k) and Profit Sharing Plan) is provided for
general information purposes only.  Participants should refer to the Plan agreement for more complete
information.
<P>
On July 1, 1998, The Dial Corporation acquired Freeman Cosmetic Corporation.
</font>
</TD></TR>
<TR>
<TD colSpan=4 vAlign=top width=640>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD colSpan=3 vAlign=top width=616>
<P><font size=2>The Freeman Cosmetic Corporation 401(k) Plan was established on July 31, 1993 and was amended and restated effective January 1, 1995.  The Jerry Freeman, Inc. Profit Sharing Plan was established on August 26, 1966, restated
effective January 1, 1989 and supplemented on February 26, 1991.  These two plans subsequently merged to form The Jerry Freeman 401(k) and Profit Sharing Plan, as amended and restated as of January 1, 1997.  Effective January 1,
1999, the Plan was amended and restated again, renaming the Plan as The Freeman Cosmetic Corporation Capital Accumulation Plan.  It is a voluntary defined contribution plan and is subject to the requirements of the Employee Retirement Income Security
Act of 1974 ("ERISA") and Internal Revenue Code Section 401(k).  The Plan covers active employees of Freeman Cosmetic Corporation (the "Company") over the age of 21 who have completed at least one-half year of service. </font></P></TD></TR>
<TR>
<TD colSpan=4 vAlign=top width=640>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD colSpan=3 vAlign=top width=616>
<P><font size=2>Effective January 1, 1999, the Plan year was changed from the
twelve-month period from January 1 through December 31 to the twelve-month
period beginning on December 1 and ending on November 30.  The change is
effective for the Plan year commencing as of January 1, 1999, resulting in an
eleven-month plan year ending November 30, 1999.</font></P></TD></TR>
<TR>
<TD colSpan=4 vAlign=top width=640>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>a.</font></P></TD>
<TD colSpan=2 vAlign=top width=592>
<P><font size=2><i>Investment Programs</i> - Contributions to the Plan are invested by the Plan's Trustee at the designation of the participants.  In 1999, the Plan's Trustee was T. Rowe Price; for 1998 the Trustees were Larry Freeman and Mark
Freeman.  For 1999, the Plan has offered participants multiple funds in which to invest pretax, after-tax and rollover deposits in various funds.  In 1998, participants could only invest pretax and rollover deposits in funds consisting of
various Kemper mutual funds and money market funds.  Beginning in January 1999, the Plan offered participants the following funds in which to invest contributions.</font></P>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>1)</font></P></TD>
<TD vAlign=top width=568>
<P><font size=2><B>T. Rowe Price Stable Value Fund</B> - This fund invests in a diversified portfolio of Guaranteed Investment Contracts ("GIC") issued by insurance companies, bank investment contracts issued by financial institutions, and
strategic investment contracts issued by insurance companies, financial institutions and other entities. Income is earned based upon a blended interest rate determined by the various investments and is reinvested.  The fair value of the fund
approximates the aggregate contract values of the GIC portfolio and represents contributions made, plus interest at blended rates, less withdrawals by participants.  Crediting interest rates for the fund's underlying GICs ranged from approximately
5.35% to 8.41% for 1999 and 3.04% to 6.16% for 1998, resulting in a blended rate of return for the fund of 5.95% and 6.07%, for 1999 and 1998, respectively.</font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD colspan=4><P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>4</font></CENTER>
<HR NOSHADE SIZE=1><BR><BR></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>2) </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2><B>T. Rowe Price Retirement Strategy Fund</B> - This fund invests in a diversified portfolio of T. Rowe Price mutual funds which consist of investments in both fixed income securities and the common stock of United States and foreign
companies.  The fair value of the fund is dependent upon the fair value of the underlying  securities.  Any dividends received are reinvested.</font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>3)</font></P></TD>
<TD vAlign=top width=568>
<P><font size=2><B>T. Rowe Price Prime Reserve Fund - </B>This fund invests in short-term money market instruments such as certificates of deposit, treasury bills and corporate notes which earn income based on short-term interest rates.  The fair
value of the fund is the cost basis of the investments.</font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>4)</font></P></TD>
<TD vAlign=top width=568>
<P><font size=2><B>T. Rowe Price Spectrum Income Fund</B> - This fund invests in a diversified portfolio of T. Rowe Price mutual funds which consist primarily of investments in fixed income securities.  The fair value of the fund is dependent upon
the fair value of the underlying securities.  Any dividends received are reinvested.</font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>5)</font></P></TD>
<TD vAlign=top width=568>
<P><font size=2><B>T. Rowe Price Spectrum Growth Fund </B>- This fund invests in a diversified portfolio of T. Rowe Price mutual funds which consist primarily of investments in the common stock of other companies.  The fair value of the fund is
dependent upon the fair value of the underlying securities.  Any dividends received are reinvested.</font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>6)</font></P></TD>
<TD vAlign=top width=568>
<P><font size=2><B>Vanguard Windsor Fund</B> - This fund invests in the common stock of selected companies.  The fair value of the fund is dependent upon the market value of the stocks.  Any dividends received are reinvested.</font></P></TD></TR>

<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>7)</font></P></TD>
<TD vAlign=top width=568>
<P><font size=2><B>The Dial Corporation
("Dial") Common Stock Fund</B> - This fund invests in the common stock of Dial, and any dividends paid on the stock are reinvested in the fund.  The fair value of this fund is dependent upon the fluctuations in the market value of Dial stock
 .</font></P>
</TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>b.</font></P></TD>
<TD colSpan=2 vAlign=top width=592>
<P><font size=2><i>Contributions</i> - Voluntary wage reductions may be elected by the employee.  These pre-tax reductions are contributed to the Plan and may range from 1% to 12% of compensation for 1999 and 1% to 15% for 1998.  Company
matching contributions are based on employee pre-tax wage reductions up to 100% of the first 3% of wage reduction. For 1999, each employee may elect an after-tax contribution of between 1% and 10% of compensation.  All contributions are limited to
the applicable amounts as prescribed by the Internal Revenue Code.</font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>c.</font></P></TD>
<TD colSpan=2 vAlign=top width=592>
<P><font size=2><I>Payment of Benefits</I> - Benefits are paid to participants upon termination from the Company, disablement, retirement or death.</font></P></TD></TR>
<TR>
<TD colspan=4><P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>5</font></CENTER>
<HR NOSHADE SIZE=1><BR><BR></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>d.<I></I></font></P></TD>
<TD colSpan=2 vAlign=top width=592>
<P><font size=2><I>Participant Loans and Hardship Withdrawals </I>- The Plan permits loans to Plan participants up to the lesser of 50% of the participant's vested account balance or $50,000.  The applicable interest rate is commensurate with the
prevailing rate charged on similar loans by persons in the business of lending money.  Loans shall be repaid in substantially equal installments over a period of up to five years, except for loans for purchasing a home.  All loans are secured by
the borrowing participant's interest in the Plan, on such nondiscriminatory terms and conditions as the Plan's Sponsor shall determine, provided, however, that such loans comply with applicable requirements of ERISA and the Internal Revenue Code (the
"Code") (including such restrictions as are necessary to prevent loans from being treated as distributions under Section 72(p) of the Code).  The loans are treated as an earmarked investment of the participants with interest repayments
credited proportionately to the original investment funds liquidated to provide the principal.  Withdrawals of employee wage reduction contributions may be made by the participant in the event of a qualified financial hardship, subject to certain tax
penalties.  Such withdrawals will only be considered necessary to satisfy a financial hardship if all nontaxable loans available under the Plan have already been
obtained.</font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>e.</font></P></TD>
<TD colSpan=2 vAlign=top width=592>
<P><font size=2><i>Vesting</i> - Employee contributions are 100% vested and non-forfeitable, including earnings on these contributions.  Beginning in 1999, all employer contributions are 100% vested and non-forfeitable.  Prior to then, 
participants were ratably vested in employer contributions during the first three years of continuous employment as defined by the Plan, except at retirement, disability or death when they become 100% vested.  Forfeitures of previous employer
contributions are used to reduce the Company's contribution to the Plan.</font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>f.</font></P></TD>
<TD colSpan=2 vAlign=top width=592>
<P><font size=2><i>Participant Accounts</i> - For each
participant, various accounts are maintained to record wage reduction contributions, Company matching contributions, participant rollover deposits transferred to the Plan, dividend and interest income and the net appreciation/depreciation in the fair
value of Plan investments.  The benefit to which a participant is entitled is the total benefit which can be provided from the combined amount of these participant accounts less participant loans.</font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>g.</font></P></TD>
<TD colSpan=2 vAlign=top width=592>
<P><font size=2><i>Plan Administration</i> - Beginning in 1999, the Plan is administered by the Retirement Committee comprised of at least three persons appointed by the Company's Board of Directors.  In 1998, the Plan was administered by an
Administrative Committee comprised of at least one person appointed by the Company.  Expenses incidental to the operation of the Plan are shared between the Company and the Plan.  The amount assumed by the Company is at the Company's discretion
and may be paid by the Plan or directly by the Company.  For the eleven-months ended November 30, 1999 and for the year ended December 31, 1998, Plan expenses were paid directly by the Company.</font></P></TD></TR>
<TR>
<TD colspan=4><P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>6</font></CENTER>
<HR NOSHADE SIZE=1><BR><BR></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>h.</font></P></TD>
<TD colSpan=2 vAlign=top width=592>
<P><font size=2><i>Plan Termination</i> - While it is the Company's intention to continue the Plan and Company contributions, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan, provided that
all employer contributions due at the termination date have been paid. </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2><b>2.</b></font></P></TD>
<TD colSpan=3 vAlign=top width=616>
<P><font size=2><b>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</b></font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD colSpan=2 vAlign=top width=592>
<P><font size=2>Significant accounting policies are as follows:</font></P></TD></TR>
<TR>
<TD colSpan=4 vAlign=top width=640>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>a.</font></P></TD>
<TD colSpan=2 vAlign=top width=592>
<P><font size=2><I>Basis of Accounting</I> - The financial statements of the Plan are prepared under the accrual method of accounting.</font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>b.</font></P></TD>
<TD colSpan=2 vAlign=top width=592>
<P><font size=2><I>Investment Valuation and Income Recognition</I> - Investments consist of mutual funds, money market funds, government securities, equity securities and insurance contracts.  Mutual funds, government securities, equity securities
and insurance contracts are stated at fair value.  Money market funds are stated at cost, which approximates fair value.  Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date.</font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>c.</font></P></TD>
<TD colSpan=2 vAlign=top width=592>
<P><font size=2><I>Payment of Benefits</I> - Benefits are recorded when paid.</font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=568>
<P><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=24>
<P><font size=2> </font></P></TD>
<TD vAlign=top width=24>
<P><font size=2>d.</font></P></TD>
<TD colSpan=2 vAlign=top width=592>
<P><font size=2><I>Use of Estimates</I> - The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities
and disclosures at the date of the financial statements and the reported amounts of additions and deductions during the reporting period.  Actual results could differ from those estimates.</font></P></TD></TR>
<TR>
<TD colspan=4><P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>7</font></CENTER>
<HR NOSHADE SIZE=1><BR></TD></TR>
<TR>
<TD colspan=4>
<P><font size=2><B>3.   NET ASSETS BY FUND</B></font></P>
<P><font size=2>The following
tables present the net assets of the Plan by fund as of November 30, 1999 and
December 31, 1998.</font></P>
<P><font size=2><B>STATEMENT OF NET ASSETS AVAILABLE FOR
BENEFITS WITH FUND INFORMATION<BR>
NOVEMBER 30, 1999</B></font></P>
<P><font size=2> </font></P>
</TD></TR>
</TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0>
<TR>
<TD vAlign=top width=162><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=51><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=59><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=53><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=51><P align=center><font size=2><B>T. Rowe</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=59><P align=center><font size=2><B>T. Rowe</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=53><P align=center><font size=2><B>T. Rowe</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>T. Rowe</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>T. Rowe</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>The Dial</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=51><P align=center><font size=2><B>Price</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=59><P align=center><font size=2><B>Price</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=53><P align=center><font size=2><B>Price</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>Price</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>Price</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>Corporation</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=51><P align=center><font size=2><B>Stable</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=59><P align=center><font size=2><B>Retirement</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=53><P align=center><font size=2><B>Prime</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>Spectrum</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>Spectrum</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>Vanguard</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>Common</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>Participant</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=51><P align=center><font size=2><B>Value</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=59><P align=center><font size=2><B>Strategy</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=53><P align=center><font size=2><B>Reserve</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>Income</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>Growth</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>Windsor</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>Stock</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>Notes</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=51><P align=center><font size=2><B>Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=59><P align=center><font size=2><B>Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=53><P align=center><font size=2><B>Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>Receivable</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>Total</B></font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2><B>ASSETS</B></font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2>Investments at fair value:</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2>  Shares of registered</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2>   investment companies:</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2>    T. Rowe Price Stable Value Fund  </font></P></TD>
<TD vAlign=bottom width=16><P align=left><font size=2>$</font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2>24,004</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16>
<P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>24,004</font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2>    T. Rowe Price Retirement Strategy Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2>98,575</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>98,575</font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2>    T. Rowe Price Prime Reserve Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2>884,823</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>884,823</font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2>    T. Rowe Price Spectrum Income Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2>38,444</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>38,444</font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2>    T. Rowe Price Spectrum Growth Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>98,363</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>98,363</font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2>    Vanguard Windsor Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>116,897</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>116,897</font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2>  Common stock:</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2>    The Dial Corporation</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>317,312</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>317,312</font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2>  Participant notes receivable</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>35,622</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>35,622</font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=18><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2>NET ASSETS AVAILABLE</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=162><P><font size=2>  FOR BENEFITS</font></P></TD>
<TD vAlign=bottom width=16><P align=left><font size=2>$</font></P></TD>
<TD vAlign=bottom width=51><P align=right><font size=2>24,004</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=59><P align=right><font size=2>98,575</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=53><P align=right><font size=2>884,823</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2>38,444</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>98,363</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>116,897</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>317,312</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>35,622</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>1,614,040</font></P></TD></TR>
<TR>
<TD vAlign=top width=152><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=18><HR NOSHADE SIZE=4></TD></TR>
</TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD><P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>8</font></CENTER>
<HR NOSHADE SIZE=1><BR>
<P><font size=2><B>STATEMENT OF NET ASSETS AVAILABLE FOR
BENEFITS WITH FUND INFORMATION<BR>
DECEMBER 31, 1998</B></font></P>
<P><font size=2> </font></P>
</TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0>
<TR>
<TD vAlign=top width=151><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=62><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=73><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=58><P align=center><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=62><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=73><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=58><P align=center><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=62><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>Kemper</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>Kemper</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>Kemper</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>Kemper</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>Kemper</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><b>Kemper</b></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><b>Kemper</b></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><b>Kemper</b></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>Kemper</B></font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>Kemper</B></font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=73><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=58><P align=center><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=62><P align=center><font size=2><B>Kemper</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>Total</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>Money</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>High</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>Inter-</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>Blue</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>Horizon</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>Horizon</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>Horizon</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>High</B></font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>Small</B></font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=73><P align=center><font size=2><B>Participant</B></font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=58><P align=center><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=62><P align=center><font size=2><B>Tech</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>Return</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>Market</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>Yield</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>national</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>Chip</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B> 20</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B> 10</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B> 5</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>Return</B></font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>Cap</B></font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=73><P align=center><font size=2><B>Notes</B></font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=58><P align=center><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=62><P align=center><font size=2><B>A Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>A Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>A Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>A Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>A Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=center><font size=2><B>A Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>A Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=center><font size=2><B>A Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>A Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=center><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>A Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=center><font size=2><B>V Fund</B></font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=73><P align=center><font size=2><B>Receivable</B></font></P></TD>
<TD vAlign=top width=16><P><font size=2> </font></P></TD>
<TD vAlign=top width=58><P align=center><font size=2><B>Total</B></font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=58><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2><B>ASSETS</B></font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=58><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=58><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>Investments at fair value:</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=58><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2> Shares of registered</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=58><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>   investment companies:</font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=58><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>    Kemper Tech A Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=62><P align=right><font size=2>228,922</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2>228,922</font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>    Kemper Total Return A Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2>66,079</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2>66,079</font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>    Kemper Money Market Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>229,141</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2>229,141</font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>    Kemper High Yield A Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>555,845</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2>555,845</font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>    Kemper International A Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16>
<P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>90,008</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2>90,008</font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>    Kemper Blue Chip A Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=62>
<P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>1,303,729</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2>1,303,729</font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>    Kemper Horizon 20 A Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>19,181</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2>19,181</font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>    Kemper Horizon 10 A Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>562,117</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2>562,117</font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>    Kemper Horizon 5 A Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2>9,877</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2>9,877</font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>    Kemper High Return A Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2>553,403</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2>553,403</font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>    Kemper Small Cap V Fund</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2>242,642</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2>242,642</font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>  Participant notes receivable</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=73><P align=right><font size=2>80,949</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2>80,949</font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>Interest receivable</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>13,079</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80>
<P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2>13,079</font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=26><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>NET ASSETS AVAILABLE</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=62><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16>
<P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=73><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=16>
<P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2>  FOR BENEFITS</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=62><P align=right><font size=2>228,922</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2>66,079</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>242,220</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>555,845</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>90,008</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=80><P align=right><font size=2>1,303,729</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>19,181</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>562,117</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2>9,877</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2>553,403</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2> </font></P></TD>
<TD vAlign=bottom width=64><P align=right><font size=2>$242,642</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=73>
<P align=right><font size=2>80,949</font></P></TD>
<TD vAlign=bottom width=16><P align=right><font size=2>$</font></P></TD>
<TD vAlign=bottom width=58><P align=right><font size=2>3,954,972</font></P></TD></TR>
<TR>
<TD vAlign=top width=151><P><font size=2> </font></P></TD>
<TD vAlign=top colspan=26><HR NOSHADE SIZE=4></TD></TR>
</TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD><P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>9</font></CENTER>
<HR NOSHADE SIZE=1><BR>
<P><font size=2><B>4.   FUND INFORMATION</B><B> </B></font></P>
<P><font size=2>Employer
contributions, employee contributions, dividend income, interest income, net
appreciation/(depreciation) in fair value of investments, and benefits paid to
participants by fund are as follows for the eleven-month period ended November
30, 1999 and for the year ended December 31, 1998:</font></P>
<P><font size=2> </font></P>
<P><font size=2> </font></P>
</TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0>
<TR>
<TD noWrap vAlign=bottom width=325><P align=center><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P align=center><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=center><FONT size=2><B>1999</B></FONT></P></TD>
<TD vAlign=top width=24><P align=center><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P align=center><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=center><FONT size=2><B>1998</B></FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>Employer contributions:</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Tech A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2>$</FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>22,751</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Total Return A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>7,159</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Money Market Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>6,988</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper High Yield A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>8,805</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper International A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>10,089</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Blue Chip A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>17,460</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Horizon 20 A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap
vAlign=bottom width=72><P align=right><FONT size=2>3,109</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Horizon 10 A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>2,987</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Horizon 5 A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>2,311</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper High Return A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>49,359</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Small Cap V Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>19,202</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  T. Rowe Price Stable Value Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2>$</FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>469</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  T. Rowe Price Retirement Strategy Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>1,393</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  T. Rowe Price Prime Reserve Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>502</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  T. Rowe Price Spectrum Income
Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>504</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  T. Rowe Price Spectrum Growth Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>645</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Vanguard Windsor Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>1,052</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  The Dial Corporation Common Stock Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>43,695</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>     Total </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2>$</FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>48,260</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2>$</FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>150,220</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=4></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=4></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>Employee contributions:</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Tech A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2>$</FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>39,922</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Total Return A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>13,542</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Money Market Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>20,606</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper High Yield A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>22,185</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper International A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>18,859</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Blue Chip A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>41,016</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Horizon 20 A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>4,742</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Horizon 10 A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>10,184</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Horizon 5 A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>3,098</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper High Return A Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>96,135</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Kemper Small Cap V Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap
vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>42,955</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  T. Rowe Price Stable Value Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2>$</FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>3,352</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  T. Rowe Price Retirement Strategy Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>25,677</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  T. Rowe Price Prime Reserve Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>4,376</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  T. Rowe Price Spectrum Income Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>5,832</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  T. Rowe Price Spectrum Growth Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>13,506</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  Vanguard Windsor Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>21,008</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>  The Dial Corporation Common Stock Fund</FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>46,599</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>-</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><FONT size=2>     Total </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2>$</FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>120,350</FONT></P></TD>
<TD vAlign=top width=24><P align=right><FONT size=2> </FONT></P></TD>
<TD noWrap vAlign=bottom width=24><P><FONT size=2>$</FONT></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><FONT size=2>313,244</FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325>
<P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=4></TD>
<TD vAlign=top width=24>
<P align=right><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=4></TD></TR>
</TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD><P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>10</font></CENTER>
<HR NOSHADE SIZE=1><BR>
</TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>Dividend income:</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper Tech A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>15,134</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper Total Return A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>5,335</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper Money Market Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>10,563</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper High Yield A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>51,975</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper International A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>11,787</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper Blue Chip A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>35,770</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper Horizon 20 A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>48</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper Horizon 10 A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>14,321</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper Horizon 5 A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>382</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper High Return A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>35,662</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper Small Cap V Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>1,074</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  T. Rowe Price Retirement Strategy Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>2</font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  T. Rowe Price Spectrum Income Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>1,225</font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  T. Rowe Price Spectrum Growth Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>1</font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Vanguard Windsor Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>359</font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  The Dial Corporation Common Stock Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>1,913</font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325>
<P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=24>
<P align=right><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>     Total </font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>3,500</font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>182,051</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325>
<P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=4></TD>
<TD vAlign=top width=24>
<P align=right><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=4></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>Interest income:</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Loans to Participants</font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>3,357</font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>3,242</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper Tech A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>548</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper Total Return A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>84</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper Money Market Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>986</font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>271</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper High Yield A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>161</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper International A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>214</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper Blue Chip A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>87</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper Horizon 5 A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>28</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper High Return A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>942</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  Kemper Small Cap V Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>1</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  T. Rowe Price Stable Value Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>861</font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>  T. Rowe Price Prime Reserve Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>105,342</font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325>
<P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=24>
<P align=right><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325><P><font size=2>     Total </font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>110,546</font></P></TD>
<TD vAlign=top width=24><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>5,578</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=325>
<P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=4></TD>
<TD vAlign=top width=24>
<P align=right><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=4></TD></TR>
</TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD><P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>11</font></CENTER>
<HR NOSHADE SIZE=1><BR>
</TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>Net appreciation/(depreciation) in fair value of investments:</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Tech A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>21,502</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>47,535</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Total Return A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>1,050</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>2,715</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper High Yield A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>5,008</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2>(45,012</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2>)</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper International A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>3,334</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2>(7,664</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2>)</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Blue Chip A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>35,955</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>127,900</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Horizon 20 A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>224</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>1,254</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Horizon 10 A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>4,900</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>48,565</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Horizon 5 A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>52</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>406</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper High Return A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>13,253</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>15,464</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Small Cap V Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>2,492</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2>(36,186</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2>)</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Money Market Funds</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2>(1,340</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2>)</font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  T. Rowe Price Retirement Strategy Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>6,600</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  T. Rowe Price Spectrum Income Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>(738</font></P></TD>
<TD vAlign=top width=24><P><font size=2>)</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  T. Rowe Price Spectrum Growth Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>5,623</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Vanguard Windsor Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>(3,487</font></P></TD>
<TD vAlign=top width=24><P><font size=2>)</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  The Dial Corporation Common Stock Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>(42,142</font></P></TD>
<TD vAlign=top width=24><P><font size=2>)</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=24><P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=24><P><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>     Total </font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>53,626</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>153,637</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=4></TD>
<TD vAlign=top width=24><P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=4></TD>
<TD vAlign=top width=24><P><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>Benefits paid to participants:</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Loans to participants</font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>29,757</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>8,323</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Tech A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>23,526</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Total Return A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>5,936</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Money Market Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>34,551</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper High Yield A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD
vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>11,243</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper International A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>3,451</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Blue Chip A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>25,849</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Horizon 20 A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>7</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Horizon 10 A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>11,000</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Horizon 5 A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>3,685</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper High Return A Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>37,570</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Kemper Small Cap V Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=bottom width=72><P align=right><font size=2>23,474</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  T. Rowe Price Stable Value Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>23,158</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  T. Rowe Price Retirement Strategy Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>7,816</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  T. Rowe Price Prime Reserve Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>2,486,316</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  T. Rowe Price Spectrum Growth Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>11,853</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  Vanguard Windsor Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>1,630</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>  The Dial Corporation Common Stock Fund</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>116,684</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2> </font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=24><P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=top width=24><P><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><font size=2>     Total </font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD noWrap vAlign=bottom width=72><P align=right><font size=2>2,677,214</font></P></TD>
<TD vAlign=top width=24><P><font size=2> </font></P></TD>
<TD vAlign=top width=24><P><font size=2>$</font></P></TD>
<TD vAlign=top width=72><P align=right><font size=2>188,615</font></P></TD>
<TD noWrap vAlign=bottom width=24><P><font size=2> </font></P></TD></TR>
<TR>
<TD noWrap vAlign=bottom width=349><P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=4></TD>
<TD vAlign=top width=24><P><FONT size=2> </FONT></P></TD>
<TD colspan=2><HR NOSHADE SIZE=4></TD>
<TD vAlign=top width=24><P><FONT size=2> </FONT></P></TD></TR>
</TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD><P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>12</font></CENTER>
<HR NOSHADE SIZE=1><BR>
</TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD>
<P><FONT size=2><B>5.     
<FONT size=2>RELATED</FONT> PARTY TRANSACTIONS</B></FONT></P>
<P><FONT size=2>In 1999, Plan investments
include shares of mutual funds managed by T. Rowe Price.  T. Rowe Price is the trustee as defined
by the Plan and, therefore, these transactions qualify as
party-in-interest.  For 1998, the
Trustees of the Plan were Larry and Mark Freeman, parties-in-interest and owners
of the Company.</FONT></P>
<P><FONT size=2><B>6.   FEDERAL INCOME TAX
STATUS</B></FONT></P>
<P><FONT size=2>The Plan obtained its
determination letter on March 5, 1996, in which the Internal Revenue Service
stated that the Plan, as then designed, was in compliance with the applicable
requirements of the Internal Revenue Code. 
The Plan has been amended since receiving the determination letter.  However, the Plan administrator and the
Plan's tax counsel believe that the Plan is currently designed and being
operated in compliance with the applicable requirements of the Internal Revenue
Code.  Therefore, no provision for
income taxes has been included in the Plan's financial
statements.</FONT></P>
<P><FONT size=2>In 1998, the Plan was audited by the DOL.  It was
determined that the Company had not deposited all employee
contributions to the custodian on a timely basis.  The Company has since contributed
additional amounts to the Plan which represent lost earnings on those
contributions. All employees have been made whole and no more late contributions
have been made to the Trustee.</FONT></P>
</TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD><P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>13</font></CENTER>
<HR NOSHADE SIZE=1><BR>
<P><FONT size=2><B>THE FREEMAN COSMETIC CORPORATION
CAPITAL ACCUMULATION PLAN<BR>(formerly known as The Jerry
Freeman 401(k) and Profit Sharing Plan)</B></font></P>
<P><FONT size=2><B>SUPPLEMENTAL SCHEDULE<BR>
NOVEMBER 30, 1999</B></FONT><HR NOSHADE SIZE=1></P>
<P><FONT size=2><B>Item 27a - Schedule of Assets Held for Investment Purposes</B></FONT></P>
<P><FONT size=2><B> </B></FONT></P>
</TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0>
<TR>
<TD vAlign=bottom align=center width=188><FONT size=2><B>Column B</B></FONT></TD>
<TD vAlign=bottom align=center width=181><FONT size=2><B>Column C</B></FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=center width=83><FONT size=2><B>Column D</B></FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=center width=84><FONT size=2><B>Column E</B></FONT></TD></TR>
<TR> <TD vAlign=bottom colspan=7><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=center width=181><FONT size=2><B>Description of Investment</B></FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT></TD></TR>
<TR>
<TD vAlign=bottom align=center width=188><FONT size=2><B>Identity of Issuer,</B></FONT></TD>
<TD vAlign=bottom align=center width=181><FONT size=2><B>Including Collateral, Rate of</B></FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT></TD></TR>
<TR>
<TD vAlign=bottom align=center width=188><FONT size=2><B>Borrower, Lessor or</B></FONT></TD>
<TD vAlign=bottom align=center width=181><FONT size=2><B>Interest, Maturity Date,</B></FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=center width=84><FONT size=2><B>Current</B></FONT></TD></TR>
<TR>
<TD vAlign=bottom align=center width=188><FONT size=2><B>Similar Party</B></FONT></TD>
<TD vAlign=bottom width=181 align=center><FONT size=2><B>Par or Maturity Value</B></FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=center width=83><FONT size=2><B>Cost</B></FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=center width=84><FONT size=2><B>Value</B></FONT></TD></TR>
<TR>
<TD vAlign=bottom colspan=7><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2>T. Rowe Price Stable Value Fund</FONT></TD>
<TD vAlign=bottom width=181><FONT size=2>GIC Fund (24,004 shares)</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2>$</FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2>24,004</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2>$</FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2>24,004</FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=181><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2>T. Rowe Price Retirement<br></FONT><FONT size=2>   Strategy Fund</FONT></TD>
<TD vAlign=bottom width=181><FONT size=2></FONT><FONT size=2>Mutual Fund (4,553 shares)</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT><FONT size=2>91,860</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT><FONT size=2>98,575</FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=181><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2>T. Rowe Price Prime<br></FONT><FONT size=2>  Reserve Fund</FONT></TD>
<TD vAlign=bottom width=181><FONT size=2></FONT><FONT size=2>Mutual Fund (884,823 shares)</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2>884,823</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT><FONT size=2>884,823</FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=181><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2>T. Rowe Price Spectrum<br></FONT><FONT size=2>   Income Fund</FONT></TD>
<TD vAlign=bottom width=181><FONT size=2></FONT><FONT size=2>Mutual Fund (3,533 shares)</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT><FONT size=2>39,181</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT><FONT size=2>38,444</FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=181><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2>T. Rowe Price Spectrum<br></FONT><FONT size=2>   Growth Fund</FONT></TD>
<TD vAlign=bottom width=181><FONT size=2></FONT><FONT size=2>Mutual Fund (5,436 shares)</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT><FONT size=2>95,398</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT><FONT size=2>98,363</FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=181><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2>Vanguard Windsor  Fund</FONT></TD>
<TD vAlign=bottom width=181><FONT size=2>Mutual Fund (6,863 shares)</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2>120,886</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2>116,897</FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=181><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2>The Dial Corporation</FONT></TD>
<TD vAlign=bottom width=181><FONT size=2>Common Stock  (11,575 shares)</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2>368,804</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2>317,312</FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=181><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2>Participant Notes Receivable</FONT></TD>
<TD vAlign=bottom width=181><FONT size=2>Participant loans</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=181><FONT size=2>(Interest at 8.25% to 10.50%, </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=181><FONT size=2>   maturing from 2000 to 2013)</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2>35,622</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2>35,622</FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=181><FONT size=2> </FONT></TD>
<TD colspan=2><HR NOSHADE SIZE=1></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD colspan=2><HR NOSHADE SIZE=1></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=181><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=181><FONT size=2>Total assets held for investment</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2> </FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=181><FONT size=2>  purposes</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2>$</FONT></TD>
<TD vAlign=bottom align=right width=83><FONT size=2>1,660,578</FONT></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=16><FONT size=2>$</FONT></TD>
<TD vAlign=bottom align=right width=84><FONT size=2>1,614,040</FONT></TD></TR>
<TR>
<TD vAlign=bottom width=188><FONT size=2> </FONT></TD>
<TD vAlign=bottom width=181><FONT size=2> </FONT></TD>
<TD colspan=2><HR NOSHADE SIZE=4></TD>
<TD vAlign=bottom width=16><FONT size=2> </FONT></TD>
<TD colspan=2><HR NOSHADE SIZE=4></TD></TR>
</TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD><P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>14</font></CENTER>
<HR NOSHADE SIZE=1><BR>
<P><FONT size=2><B>THE FREEMAN COSMETIC CORPORATION
CAPITAL ACCUMULATION PLAN<BR>(formerly known as The Jerry
Freeman 401(k) and Profit Sharing Plan)</B></FONT></P>
<P><FONT size=2><B>SUPPLEMENTAL SCHEDULE<BR>
ELEVEN-MONTH PERIOD ENDED NOVEMBER 30, 1999</B></FONT></P>
<P><FONT size=2><B>Item 27d - Schedule of Reportable
Transactions</B></FONT></P>
<P><FONT size=2><B> </B></FONT></P>
</TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0>
<TR>
<TD vAlign=top width=141><P align=center><FONT size=2><B>Column A</B></FONT></P></TD>
<TD vAlign=top width=16> </TD>
<TD vAlign=top width=96><P align=center><FONT size=2><B>Column B</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2><B>Column C</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2><B>Column D</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=78><P align=center><FONT size=2><B>Column G</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=79><P align=center><FONT size=2><B>Column H</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=77><P align=center><FONT size=2><B>Column I</B></FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16> </TD>
<TD vAlign=top width=96><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=78><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=79><P align=center><FONT size=2><B>Current</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=77><P align=center><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P align=center><FONT size=2><B>Identity</B></FONT></P></TD>
<TD vAlign=top width=16> </TD>
<TD vAlign=top width=96><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=78><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=79><P align=center><FONT size=2><B>Value of</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=77><P align=center><FONT size=2><B>Net</B></FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P align=center><FONT size=2><B>of</B></FONT></P></TD>
<TD vAlign=top width=16> </TD>
<TD vAlign=top width=96><P align=center><FONT size=2><B>Description</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=78><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=79><P align=center><FONT size=2><B>Asset on</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=77><P align=center><FONT size=2><B>Gain</B></FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P align=center><FONT size=2><B>Party</B></FONT></P></TD>
<TD vAlign=top width=16> </TD>
<TD vAlign=top width=96><P align=center><FONT size=2><B>of</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2><B>Purchase</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2><B>Selling</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=78><P align=center><FONT size=2><B>Cost of</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=79><P align=center><FONT size=2><B>Transaction</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=77><P align=center><FONT size=2><B>or</B></FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P align=center><FONT size=2><B>Involved</B></FONT></P></TD>
<TD vAlign=top width=16> </TD>
<TD vAlign=top width=96><P align=center><FONT size=2><B>Asset</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2><B>Price</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2><B>Price</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=78><P align=center><FONT size=2><B>Asset</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=79><P align=center><FONT size=2><B>Date</B></FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=77><P align=center><FONT size=2><B>(Loss)</B></FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P align=left><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16> </TD>
<TD vAlign=top width=96><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=78><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=79><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=77><P align=center><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P align=left><FONT size=2><B>Single Transactions</B></FONT></P></TD>
<TD vAlign=top width=16> </TD>
<TD vAlign=top width=96><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=73><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=78><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=79><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=16><P align=center><FONT size=2> </FONT></P></TD>
<TD vAlign=top width=77><P align=center><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P><FONT size=2>Kemper Tech A Fund</FONT></P></TD>
<TD vAlign=bottom width=16> </TD>
<TD vAlign=top width=96><P><FONT size=2>Mutual Fund</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2>$</FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2>250,423</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2>$</FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>228,922</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2>$</FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>250,423</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2>$</FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>21,501</FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P><FONT size=2>Kemper Money Market Fund</FONT></P></TD>
<TD vAlign=bottom width=16> </TD>
<TD vAlign=top width=96><P><FONT size=2>Money Market Fund</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2>230,127</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>230,127</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>230,127</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P><FONT size=2>Kemper High Yield A Fund</FONT></P></TD>
<TD vAlign=bottom width=16> </TD>
<TD vAlign=top width=96><P><FONT size=2>Mututal Fund</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2>560,852</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>555,845</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>560,852</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>5,007</FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P><FONT size=2>Kemper Blue Chip A Fund</FONT></P></TD>
<TD vAlign=bottom width=16> </TD>
<TD vAlign=top width=96><P><FONT size=2>Mututal Fund</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2>1,339,684</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>1,303,729</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>1,339,684</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>35,955</FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P><FONT size=2>Kemper Horizon 10 A Fund</FONT></P></TD>
<TD vAlign=bottom width=16> </TD>
<TD vAlign=top width=96><P><FONT size=2>Mututal Fund</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2>567,017</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>562,117</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>567,017</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>4,900</FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P><FONT size=2>Kemper High Return  A Fund</FONT></P></TD>
<TD vAlign=bottom width=16> </TD>
<TD vAlign=top width=96><P><FONT size=2>Mututal Fund</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2>566,657</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>553,403</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>566,657</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>13,254</FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P><FONT size=2>Kemper Small Cap V Fund</FONT></P></TD>
<TD vAlign=bottom width=16> </TD>
<TD vAlign=top width=96><P><FONT size=2>Mututal Fund</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2>245,134</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>242,642</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>245,134</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>2,492</FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P><FONT size=2>T. Rowe Price Prime Reserve Fund</FONT></P></TD>
<TD vAlign=bottom width=16> </TD>
<TD vAlign=top width=96><P><FONT size=2>Mutual Fund</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2>$</FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2>3,949,700</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>3,949,700</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>3,949,700</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P><FONT size=2>T. Rowe Price Prime Reserve Fund</FONT></P></TD>
<TD vAlign=bottom width=16> </TD>
<TD vAlign=top width=96><P><FONT size=2>Mutual Fund</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2>1,852,363</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>1,852,363</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>1,852,363</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P><FONT size=2><B>Series of Transactions</B></FONT></P></TD>
<TD vAlign=bottom width=16> </TD>
<TD vAlign=top width=96><P><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P><FONT size=2>T. Rowe Price Prime Reserve Fund</FONT></P></TD>
<TD vAlign=bottom width=16> </TD>
<TD vAlign=top width=96><P><FONT size=2>Mutual Fund</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2>4,074,524</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>4,074,524</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>4,074,524</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P><FONT size=2>T. Rowe Price Prime Reserve Fund</FONT></P></TD>
<TD vAlign=bottom width=16> </TD>
<TD vAlign=top width=96><P><FONT size=2>Mutual Fund</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2>3,189,424</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>3,189,424</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>3,189,424</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P><FONT size=2>The Dial Corporation</FONT></P></TD>
<TD vAlign=bottom width=16> </TD>
<TD vAlign=top width=96><P><FONT size=2>Common Stock Fund</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2>484,783</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>484,783</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>484,783</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2> </FONT></P></TD></TR>
<TR>
<TD vAlign=top width=141><P><FONT size=2>The Dial Corporation</FONT></P></TD>
<TD vAlign=bottom width=16> </TD>
<TD vAlign=top width=96><P><FONT size=2>Common Stock  Fund</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=73><P align=right><FONT size=2>117,824</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>115,979</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>117,824</FONT></P></TD>
<TD vAlign=bottom width=16><P align=right><FONT size=2> </FONT></P></TD>
<TD vAlign=bottom width=78><P align=right><FONT size=2>1,845</FONT></P></TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0>
<TR>
<TD colspan=2> </TD>
</TR>
<TR>
<TD vAlign=top width=70>
<P><FONT size=2><B>NOTE:</B></FONT></P></TD>
<TD vAlign=top width=570>
<P><FONT size=2><B>Reportable transactions are those transactions which either singularly or in series of combined purchases and sales during the year exceed 5% of the fair value of the Plan's assets at the beginning of the
year.</B></FONT></P></TD></TR></TABLE>
<TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD><P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>15</font></CENTER>
<HR NOSHADE SIZE=1><BR>
</TD></TR></TABLE>
</CENTER>
</BODY>
</HTML>

<HTML>
<HEAD>
<TITLE>EDGARfilings.com</TITLE>
</HEAD>
<BODY>
<CENTER><TABLE border=0 cellPadding=0 cellSpacing=0 width=640>
<TR>
<TD>
<P><font size=2> </font></P>
<P align=right><font size=2><B>EXHIBIT 23</B></font></P>
<P><font size=2> </font></P>
<P><font size=2><B>INDEPENDENT AUDITORS' CONSENT</B></font></P>
<P><font size=2>We consent
to the incorporation by reference in Registration Statement No. 333-71113 of The
Dial Corporation on Form S-8 of our report dated May 5, 2000 appearing in the
Annual Report on Form 11-K of The Freeman Cosmetic Corporation Capital
Accumulation Plan for the eleven-month period ended November 30, 1999.</font></P>
<font size=2><BR>
/s/ Deloitte & Touche LLP<BR>
Deloitte & Touche LLP
<BR></font>
<P><font size=2>Phoenix, Arizona<BR>
May 23, 2000</font></P>
</TD>
</TR>
<TR>
<TD><P><font size=2> </font></P>
<P><font size=2> </font></P>
<CENTER><font size=2>16</font></CENTER>
<HR NOSHADE SIZE=1><BR>
</TD></TR></TABLE>
</CENTER>
</BODY>