<TABLE>
FORM 13F INFORMATION TABLE
<CAPTION>
FORM 13F INFORMATION TABLE
NAME OF ISSUER TITLE OF VALUE SHARES/ SH/ INVSTMT OTHER VOTING AUTHORITY
CLASS CUSIP x$1000 PRN AMT PRN DSCRETN MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ABERCROMBIE & FITCH COM 002896207 305 6356 SH SOLE 6356 0 0
ABERCROMBIE & FITCH COM 002896207 299 6232 SH DEFINED 01 0 0 6232
AETNA INC COM 008117103 7668 85500 SH SOLE 85500 0 0
AETNA INC COM 008117103 5165 57600 SH DEFINED 01 0 0 57600
AMERICAN CAPITAL STRATEGIES COM 024937104 1688 92500 SH SOLE 92500 0 0
AMERITECH CORP COM 030954101 13553 184400 SH SOLE 184400 0 0
AMERITECH CORP COM 030954101 7070 96200 SH DEFINED 01 0 0 96200
AMR CORP COM 001765106 9984 146300 SH SOLE 146300 0 0
AMR CORP COM 001765106 7220 105800 SH DEFINED 01 0 0 105800
ANGLOGOLD ADR COM 35128206 6014 279735 SH SOLE 279735 0 0
BAKER HUGHES INC COM 57224107 5996 179000 SH SOLE 179000 0 0
BAKER HUGHES INC COM 57224107 4673 139500 SH DEFINED 01 0 0 139500
BAXTER INTERNATIONAL INC. COM 071813109 8675 143100 SH SOLE 143100 0 0
BAXTER INTERNATIONAL INC. COM 071813109 6480 106900 SH DEFINED 01 0 0 106900
BANK OF NEW YORK CO INC COM 064057102 12528 341500 SH SOLE 341500 0 0
BANK OF NEW YORK CO INC COM 064057102 7887 215000 SH DEFINED 01 0 0 215000
BURLINGTON NORTHERN SANTA FE CORP COM 12189T104 6928 223500 SH SOLE 223500 0 0
BURLINGTON NORTHERN SANTA FE CORP COM 12189T104 5166 166650 SH DEFINED 01 0 0 166650
CARDINAL HEALTH COM 14149Y108 6209 96835 SH SOLE 96835 0 0
CARDINAL HEALTH COM 14149Y108 3936 61384 SH DEFINED 01 0 0 61384
CHUBB CORP COM 171232101 6550 94250 SH SOLE 94250 0 0
CHUBB CORP COM 171232101 4649 66900 SH DEFINED 01 0 0 66900
COLUMBIA HCA HEALTHCARE CORP COM 197677107 7071 310000 SH SOLE 310000 0 0
COLUMBIA HCA HEALTHCARE CORP COM 197677107 4813 211000 SH DEFINED 01 0 0 211000
DE BEERS ADR COM 240253302 9846 412400 SH SOLE 412400 0 0
DELPHI AUTO SYSTEMS COM 247126105 2282 123352 SH SOLE 123352 0 0
DELPHI AUTO SYSTEMS COM 247126105 1626 87935 SH DEFINED 01 0 0 87935
EASTMAN KODAK COM 277461109 7879 116300 SH SOLE 116300 0 0
EASTMAN KODAK COM 277461109 4356 64300 SH DEFINED 01 0 0 64300
ERICSSON LM TELEPHONE CO ADR COM 294821400 1264 38400 SH SOLE 38400 0 0
ERICSSON LM TELEPHONE CO ADR COM 294821400 184 5600 SH DEFINED 01 0 0 5600
FILA HOLDINGS SPA ADR COM 316850106 10617 898842 SH SOLE 898842 0 0
FILA HOLDINGS SPA ADR COM 316850106 626 53000 SH DEFINED 01 0 0 53000
FIRST DATA CORP COM 319963104 12488 255200 SH SOLE 255200 0 0
FIRST DATA CORP COM 319963104 7291 149000 SH DEFINED 01 0 0 149000
FLEET FINANCIAL GROUP INC COM 338915101 4357 98200 SH SOLE 98200 0 0
FLEET FINANCIAL GROUP INC COM 338915101 2720 61300 SH DEFINED 01 0 0 61300
FLUOR CORP COM 343861100 6135 105100 SH SOLE 150100 0 0
FLUOR CORP COM 343861100 4136 101200 SH DEFINED 01 0 0 101200
FMC CORP COM 302491303 7504 109850 SH SOLE 109850 0 0
FMC CORP COM 302491303 6271 91800 SH DEFINED 01 0 0 91800
FREEPORT MCMORAN COPPER AND GOLD COM 35671D857 3784 211000 SH SOLE 211000 0 0
FREEPORT MCMORAN COPPER AND GOLD COM 35671D857 2385 133000 SH DEFINED 01 0 0 133000
FRESENIUS MEDICAL CARE - ADS COM 358029106 77590 3867461 SH SOLE 3867461 0 0
FRESENIUS MEDICAL CARE - ADS COM 358029106 3081 153600 SH DEFINED 01 0 0 153600
GEON CO COM 37246W105 5775 179100 SH SOLE 179100 0 0
GEON CO COM 37246W105 4060 125900 SH DEFINED 01 0 0 125900
GEORGIA PACIFIC CORP COM 373298108 9463 199760 SH SOLE 199760 0 0
GEORGIA PACIFIC CORP COM 373298108 5760 121600 SH DEFINED 01 0 0 121600
GEORGIA PACIFIC - TIMBER GROUP COM 373298702 3527 139700 SH SOLE 139700 0 0
GEORGIA PACIFIC - TIMBER GROUP COM 373298702 2222 88000 SH DEFINED 01 0 0 88000
GENERAL MOTORS CORP COM 370442105 11649 176500 SH SOLE 176500 0 0
GENERAL MOTORS CORP COM 370442105 8304 125821 SH DEFINED 01 0 0 125821
HARCOURT GENERAL INC COM 41163G101 7873 152700 SH SOLE 152700 0 0
HARCOURT GENERAL INC COM 41163G101 5207 101000 SH DEFINED 01 0 0 101000
IMC GLOBAL INC COM 449669100 8771 504808 SH SOLE 504808 0 0
IMC GLOBAL INC COM 449669100 2671 153740 SH DEFINED 01 0 0 153740
INCO LTD COM 453258402 7993 444100 SH SOLE 444100 0 0
INCO LTD COM 453258402 5202 289000 SH DEFINED 01 0 0 289000
INTERNATIONAL BUSINESS MACHINES CORP COM 459200101 10840 83870 SH SOLE 83870 0 0
INTERNATIONAL BUSINESS MACHINES CORP COM 459200101 7844 60694 SH DEFINED 01 0 0 60694
INDUSTRIE NATUZZI SPA ADR COM 456478106 28955 1489662 SH SOLE 1489662 0 0
INDUSTRIE NATUZZI SPA ADR COM 456478106 1348 69400 SH DEFINED 01 0 0 69400
KROGER CO COM 501044101 6861 245600 SH SOLE 245600 0 0
KROGER CO COM 501044101 4581 164000 SH DEFINED 01 0 0 164000
LEAR CORP COM 521865105 8335 168200 SH SOLE 168200 0 0
LEAR CORP COM 521865105 5620 113400 SH DEFINED 01 0 0 113400
LIFEPOINT HOSPITALS COM 53219L109 231 17156 SH SOLE 17156 0 0
LIFEPOINT HOSPITALS COM 53219L109 149 11104 SH DEFINED 01 0 0 11104
LIMITED INC COM 532716107 9999 220383 SH SOLE 220383 0 0
LIMITED INC COM 532716107 5762 127000 SH DEFINED 01 0 0 127000
LTV CORP COM 501921100 7511 1133743 SH SOLE 1133743 0 0
LTV CORP COM 501921100 4973 750600 SH DEFINED 01 0 0 750600
LUXOTTICA GROUP SPA ADR COM 55068R202 46020 2957127 SH SOLE 2957127 0 0
LUXOTTICA GROUP SPA ADR COM 55068R202 1922 123500 SH DEFINED 01 0 0 123500
MCCORMICK & CO COM 579780206 6716 212800 SH SOLE 212800 0 0
MCCORMICK & CO COM 579780206 4447 140900 SH DEFINED 01 0 0 140900
MCMORAN EXPLORATION COM 582411104 428 19308 SH SOLE 19308 0 0
MCMORAN EXPLORATION COM 582411104 390 17563 SH DEFINED 01 0 0 17563
MERCURY GENERAL CORP COM 589400100 5491 161500 SH SOLE 161500 0 0
MERCURY GENERAL CORP COM 589400100 3638 107000 SH DEFINED 01 0 0 107000
METRO GOLDWYN MAYER COM 591610100 10311 564989 SH SOLE 564989 0 0
METRO GOLDWYN MAYER COM 591610100 5730 313951 SH DEFINED 01 0 0 313951
MILLENIUM CHEMICALS INC COM 599903101 8438 358100 SH SOLE 358100 0 0
MILLENIUM CHEMICALS INC COM 599903101 4830 205000 SH DEFINED 01 0 0 205000
NIELSEN MEDIA RESEARCH COM 653929307 6493 222000 SH SOLE 222000 0 0
NIELSEN MEDIA RESEARCH COM 653929307 4475 153000 SH DEFINED 01 0 0 153000
PHILIP MORRIS COMPANIES INC COM 718154107 6832 170000 SH SOLE 170000 0 0
PHILIP MORRIS COMPANIES INC COM 718154107 4380 109000 SH DEFINED 01 0 0 109000
PPG INDUSTRIES INC COM 693506107 8115 137400 SH SOLE 137400 0 0
PPG INDUSTRIES INC COM 693506107 6024 102000 SH DEFINED 01 0 0 102000
PRIMEX TECHNOLOGIES COM 741597108 407 18880 SH SOLE 18880 0 0
RAYTHEON CO COM 755111101 634 9205 SH SOLE 9205 0 0
RAYTHEON CO COM 755111101 475 6892 SH DEFINED 01 0 0 6892
READERS DIGEST "A" COM 755267101 9822 248600 SH SOLE 248600 0 0
READERS DIGEST "A" COM 755267101 5446 137000 SH DEFINED 01 0 0 137000
RYANS FAMILY STEAKHOUSE COM 783519101 3464 298000 SH SOLE 298000 0 0
RYANS FAMILY STEAKHOUSE COM 783519101 2220 191000 SH DEFINED 01 0 0 191000
SOUTH AFRICAN BREWERIES ADR COM 836216309 1537 183529 SH SOLE 183529 0 0
SARA LEE COM 803111103 8803 388000 SH SOLE 388000 0 0
SARA LEE COM 803111103 5858 258200 SH DEFINED 01 0 0 258200
SOLUTIA INC COM 834376105 6104 286400 SH SOLE 386400 0 0
SOLUTIA INC COM 834376105 4740 222400 SH DEFINED 01 0 0 222400
TELEFONOS DE MEXICO SA ADR COM 879403780 26971 333750 SH SOLE 333750 0 0
TEMPLE INLAND COM 879868107 10596 154400 SH SOLE 154000 0 0
TEMPLE INLAND COM 879868107 6176 90000 SH DEFINED 01 0 0 90000
TRIAD HOSPITALS COM 89579K109 232 17156 SH SOLE 17156 0 0
TRIAD HOSPITALS COM 89579K109 150 11104 SH DEFINED 01 0 0 11104
TRW INC COM 872649108 7957 145000 SH SOLE 145000 0 0
TRW INC COM 872649108 5910 107700 SH DEFINED 01 0 0 107700
UNION PACIFIC CORP COM 907818108 10555 181000 SH SOLE 181000 0 0
UNION PACIFIC CORP COM 907818108 6053 103800 SH DEFINED 01 0 0 103800
UNITRIN INC COM 913275103 10024 244500 SH SOLE 244500 0 0
UNITRIN INC COM 913275103 6806 166000 SH DEFINED 01 0 0 166000
UNOVA COM 2116842 3081 194100 SH SOLE 194100 0 0
UNOVA COM 2116842 1213 76400 SH DEFINED 01 0 0 76400
VITRO SOCIEDAD ANONIMA ADR COM 928502301 6790 1324850 SH SOLE 1324850 0 0
</TABLE>
