<PAGE>
<TABLE>
<S> <C>
------------------------------
OMB APPROVAL
------------------------------
OMB Number: 3235-0006
Expires: February 28, 1997
UNITED STATES Estimated average burden
SECURITIES AND EXCHANGE COMMISSION hours per response . . . 24.60
WASHINGTON, D.C. 20549 ------------------------------
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SEC USE ONLY
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FORM 13F
------------------------------
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended 3/31 , 2000.
--------------- ----
- --------------------------------------------------------------------------------------------------
(PLEASE READ INSTRUCTIONS BEFORE PREPARING FORM.)
- --------------------------------------------------------------------------------------------------
If amended report check here: / /
Howland Capital Management, Inc.
- --------------------------------------------------------------------------------------------------
Name of Institutional Investment Manager
75 Federal Street, Suite 1100, Boston, MA 02110-1911
- --------------------------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
Pamela Horwath Compliance Administrator
- --------------------------------------------------------------------------------------------------
Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
- ------------------------------------------ATTENTION-----------------------------------------------
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL CRIMINAL VIOLATIONS.
SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(a).
- --------------------------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its attachments and the person by
whom it is signed represent hereby that all information contained therein is true, correct and
complete. It is understood that all required items, statements and schedules are considered integral
parts of this Form and that the submission of any amendment represents that all unamended items,
statements and schedules remain true, correct and complete as previously submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the undersigned institutional
investment manager has caused this report to be signed on its behalf in the City of Boston and
------------
State of MA on the 2nd day of May , 2000.
--------- --------- ----------
Howland Capital Management, Inc.
--------------------------------------------
(Name of Institutional Investment Manager)
/s/ Pamela Horwath
--------------------------------------------
(Manual Signature of Person Duly Authorized
to Submit This Report)
Name and 13F file numbers of ALL Institutional Investment Managers with respect to which this schedule
is filled (other than the one filing this report): (LIST IN ALPHABETICAL ORDER).
13F File Numbers will be assigned to Institutional Investment Managers after they file their first report.
Name: 13F File No.: Name: 13F File No.:
- -------------------------------- ------------- -------------------------------- -------------
1. 6.
- -------------------------------- ------------- -------------------------------- -------------
2. 7.
- -------------------------------- ------------- -------------------------------- -------------
3. 8.
- -------------------------------- ------------- -------------------------------- -------------
4. 9.
- -------------------------------- ------------- -------------------------------- -------------
5. 10.
- -------------------------------- ------------- -------------------------------- -------------
</TABLE>
<PAGE>
FORM 13F
Name of Reporting Manager Howland Capital Management, Inc.
Page 1 of 5
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------
Item 6
Item 5 Investment Discretion
Item 2 Item 3 Item 4 Shares of (b) Shared-
Item 1 Title of CUSIP Fair Market Principle As Defined (c) Shared-
Name of Issuer Class Number Value Amount (a) Sole In Instr. V. Other
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
ABBOT LABS COMMON 00282410 $3,514,445.00 89,540 89,540
ALLMERICA FINANCIAL INC COMMON 01975410 $216,091.13 4,467 4,467
ALLSTATE CORP COMMON 02000210 $1,328,085.00 59,026 59,026
AMERICAN EXPRESS CO COMMON 02581610 $629,200.00 4,400 4,400
AMERICAN GENERAL CORP COMMON 02635110 $312,112.50 5,740 5,740
AMERICAN HOME PRODS CORP COMMON 02660910 $743,166.00 12,464 12,464
AMERICAN INTL GROUP INC COMMON 02687410 $8,479,801.88 78,245 78,245
AMERICAN WTR WKS INC COMMON 03041110 $819,974.06 35,362 35,362
APPLE COMPUTER INC COMMON 03783310 $1,176,862.50 9,900 9,900
APPLIED MATLS INC COMMON 03822210 $912,625.00 9,800 9,800
ASPEN TECHNOLOGY INC COMMON 04532710 $2,978,662.50 95,700 95,700
AT&T CORP COMMON 00195710 $524,099.31 10,495 10,495
AUTOMATIC DATA PROCESSING INC COMMON 05301510 $9,188,943.75 181,510 181,510
AVERY DENNISON CORP COMMON 05361110 $557,613.00 8,904 8,904
BARRICK GOLD CORP COMMON 06790110 $938,465.00 55,000 55,000
BELL ATLANTIC CORP COMMON 07785310 $492,845.00 8,180 8,180
BELLSOUTH CORP COMMON 07986010 $703,535.34 14,053 14,053
BERKSHIRE HATHAWAY INC DEL CL COMMON 08467020 $551,232.00 288 288
BESTFOODS INC COMMON 08658U10 $3,902,410.85 77,950 77,950
BJ'S WHOLESALE CLUB COMMON 05548J10 $741,000.00 20,800 20,800
BP AMOCO PLC ADR COMMON 05562210 $4,131,856.90 83,052 83,052
BRISTOL MYERS SQUIBB COMMON 11012210 $4,473,018.00 90,364 90,364
CENTRAL EUROPEAN VALUE FD INC COMMON 15345510 $197,800.00 17,200 17,200
CHASE MANHATTAN CORP COMMON 16161A10 $451,662.55 5,842 5,842
CHEVRON CORP COM COMMON 16675110 $1,446,433.25 16,758 16,758
CHUBB CORP COM COMMON 17123210 $237,164.50 3,772 3,772
CINCINNATI FINANCIAL CORP COMMON 17206210 $286,974.00 7,152 7,152
CINTAS CORP COM COMMON 17290810 $7,566,288.75 199,770 199,770
CISCO SYS INC COM COMMON 17275R10 $3,622,773.50 55,628 55,628
CITIGROUP INC COMMON 17296710 $914,217.50 14,926 14,926
CITIZENS UTILS CO DEL COM SER B PFD 17734220 $270,581.24 16,845 16,845
COCA COLA CO COM COMMON 19121610 $4,002,055.54 80,951 80,951
COLGATE PALMOLIVE CO COMMON 19416210 $203,707.75 3,566 3,566
COMCAST CORP CLA SPL COMMON 20030020 $287,310.10 7,700 7,700
PAGE TOTAL $66,803,013
</TABLE>
<TABLE>
<CAPTION>
------------------------------------
(SEC USE ONLY)
- -------------------------------------------------------------------------------------
Item 7 Item 8
Item 1 Managers Voting Authority (Shares)
Name of Issuer See Instr. V. (a) Sole (b) Shared (c) None
- -------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
ABBOT LABS 89,540
ALLMERICA FINANCIAL INC 4,467
ALLSTATE CORP 59,026
AMERICAN EXPRESS CO 4,400
AMERICAN GENERAL CORP 5,740
AMERICAN HOME PRODS CORP 12,464
AMERICAN INTL GROUP INC 78,245
AMERICAN WTR WKS INC 35,362
APPLE COMPUTER INC 9,900
APPLIED MATLS INC 9,800
ASPEN TECHNOLOGY INC 95,700
AT&T CORP 10,495
AUTOMATIC DATA PROCESSING INC 181,510
AVERY DENNISON CORP 8,904
BARRICK GOLD CORP 55,000
BELL ATLANTIC CORP 8,180
BELLSOUTH CORP 14,053
BERKSHIRE HATHAWAY INC DEL CL 288
BESTFOODS INC 77,950
BJ'S WHOLESALE CLUB 20,800
BP AMOCO PLC ADR 83,052
BRISTOL MYERS SQUIBB 90,364
CENTRAL EUROPEAN VALUE FD INC 17,200
CHASE MANHATTAN CORP 5,842
CHEVRON CORP COM 16,758
CHUBB CORP COM 3,772
CINCINNATI FINANCIAL CORP 7,152
CINTAS CORP COM 199,770
CISCO SYS INC COM 55,628
CITIGROUP INC 14,926
CITIZENS UTILS CO DEL COM SER B 16,845
COCA COLA CO COM 80,951
COLGATE PALMOLIVE CO 3,566
COMCAST CORP CLA SPL 7,700
</TABLE>
<PAGE>
FORM 13F
Name of Reporting Manager Howland Capital Management, Inc.
Page 2 of 5
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------
Item 6
Item 5 Investment Discretion
Item 2 Item 3 Item 4 Shares of (b) Shared-
Item 1 Title of CUSIP Fair Market Principle As Defined (c) Shared-
Name of Issuer Class Number Value Amount (a) Sole In Instr. V. Other
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
CONCENTRIC NETWORK CORP DEL COMMON 20589R10 $245,628 6,000 6,000
CONCORD EFS, INC COM COMMON 20619710 $11,519,249 528,091 528,091
CORNING INC COM COMMON 21935010 $472,957 3,109 3,109
CSX CORP COMMON 12640810 $309,375 15,000 15,000
DANAHER CORP COM COMMON 23585110 $5,717,304 108,000 108,000
DELL COMPUTER CORP COM COMMON 24702510 $878,909 17,600 17,600
DEVRY INC DEL COMMON 25189310 $8,600,350 261,400 261,400
DISNEY WALT CO COMMON 25468710 $755,050 17,871 17,871
DOVER CORP COMMON 26000310 $424,729 8,400 8,400
DST SYSTEMS INC COMMON 23332610 $3,212,330 44,080 44,080
DU PONT E I DE NEMOURS & CO PFD 26353430 $202,875 3,000 3,000
DU PONT E I DE NEMOURS & CO CO COMMON 26353410 $572,880 10,560 10,560
DUKE ENERGY CO PFD 26439620 $536,513 25,100 25,100
DYNEGY INC CLASS A COMMON 26816Q10 $758,369 12,600 12,600
EATON VANCE CORP NON VTG COMMON 27826510 $211,900 5,216 5,216
ELAN PLC ADR COMMON 28413120 $534,129 12,226 12,226
EMERSON ELEC CO COM COMMON 29101110 $578,193 11,000 11,000
ENERGYNORTH INC COMMON 29292510 $231,500 4,000 4,000
EQUIFAX INC COMMON 29442910 $409,775 16,030 16,030
EXXON MOBIL CORP COMMON 30231G10 $11,846,129 149,951 149,951
FEDERAL NATL MTG ASSN PFD 31358630 $367,225 7,400 7,400
FEDERAL-MOGUL FINANCING TR PFD 31355240 $1,252,969 44,550 44,550
FEDERATED GROWTH STRATEGIES COMMON 31417210 $804,853 16,158 16,158
FEDERATED STK & BD FD INC COMMON 31390210 $407,376 22,470 22,470
FIRST SEC CORP DEL COMMON 33629410 $147,776 10,462 10,462
FLEETBOSTON FINANCIAL CORPORA COMMON 33903010 $366,822 10,333 10,333
GAP INC COMMON 36476010 $422,801 10,911 10,911
GENERAL ELEC CO COM COMMON 36960410 $18,205,234 115,223 115,223
GENERAL MLS INC COM COMMON 37033410 $521,107 14,400 14,400
GILLETTE CO COMMON 37576610 $3,511,842 93,338 93,338
GTE CORP COM COMMON 36232010 $1,890,662 26,676 26,676
H & Q HEALTH CARE FD COMMON 40405210 $400,058 16,800 16,800
HALLIBURTON CO COMMON 40621610 $264,063 6,250 6,250
HEALTH CARE PPTY INVS INC COMMON 42191510 $3,164,131 116,650 116,650
PAGE TOTAL $77,745,062
</TABLE>
<TABLE>
<CAPTION>
------------------------------------
(SEC USE ONLY)
- -------------------------------------------------------------------------------------
Item 7 Item 8
Item 1 Managers Voting Authority (Shares)
Name of Issuer See Instr. V. (a) Sole (b) Shared (c) None
- -------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
CONCENTRIC NETWORK CORP DEL 6,000
CONCORD EFS, INC COM 528,091
CORNING INC COM 3,109
CSX CORP 15,000
DANAHER CORP COM 108,000
DELL COMPUTER CORP COM 17,600
DEVRY INC DEL 261,400
DISNEY WALT CO 17,871
DOVER CORP 8,400
DST SYSTEMS INC 44,080
DU PONT E I DE NEMOURS & CO 3,000
DU PONT E I DE NEMOURS & CO CO 10,560
DUKE ENERGY CO 25,100
DYNEGY INC CLASS A 12,600
EATON VANCE CORP NON VTG 5,216
ELAN PLC ADR 12,226
EMERSON ELEC CO COM 11,000
ENERGYNORTH INC 4,000
EQUIFAX INC 16,030
EXXON MOBIL CORP 149,951
FEDERAL NATL MTG ASSN 7,400
FEDERAL-MOGUL FINANCING TR 44,550
FEDERATED GROWTH STRATEGIES 16,158
FEDERATED STK & BD FD INC 22,470
FIRST SEC CORP DEL 10,462
FLEETBOSTON FINANCIAL CORPORA 10,333
GAP INC 10,911
GENERAL ELEC CO COM 115,223
GENERAL MLS INC COM 14,400
GILLETTE CO 93,338
GTE CORP COM 26,676
H & Q HEALTH CARE FD 16,800
HALLIBURTON CO 6,250
HEALTH CARE PPTY INVS INC 116,650
</TABLE>
<PAGE>
FORM 13F
Name of Reporting Manager Howland Capital Management, Inc.
Page 3 of 5
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------
Item 6
Item 5 Investment Discretion
Item 2 Item 3 Item 4 Shares of (b) Shared-
Item 1 Title of CUSIP Fair Market Principle As Defined (c) Shared-
Name of Issuer Class Number Value Amount (a) Sole In Instr. V. Other
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
HERSHEY FOODS CORP COM COMMON 42786610 $2,068,896 43,384 43,384
HEWLETT PACKARD CO COM COMMON 42823610 $9,200,025 65,950 65,950
HOME DEPOT INC COMMON 43707610 $9,141,689 155,935 155,935
IMMUNEX CORP COMMON 45252810 $399,600 10,800 10,800
INTEL CORP COMMON 45814010 $3,687,385 31,960 31,960
INTERNATIONAL BUSINESS MACHS C COMMON 45920010 $1,289,392 12,398 12,398
INTERPUBLIC GROUP COS INC COMMON 46069010 $4,663,700 119,200 119,200
INTUIT COMMON 46120210 $1,690,500 48,300 48,300
JOHNSON & JOHNSON COM COMMON 47816010 $7,838,122 96,026 96,026
K MART CORP COMMON 48258410 $145,031 16,575 16,575
KEYCORP NEW COMMON 49326710 $446,232 24,964 24,964
KOREA FD INC COMMON 50063410 $263,823 21,000 21,000
KROGER COMMON 50104410 $226,406 12,800 12,800
LIMITED INC COM COMMON 53271610 $461,349 10,500 10,500
LUCENT TECHNOLOGIES INC COM COMMON 54946310 $8,696,640 137,904 137,904
MANOR CARE INC COMMON 56405510 $547,533 46,350 46,350
MARSH & MCLENNAN COS INC COM COMMON 57174810 $1,378,287 14,255 14,255
MAY DEPT STORES CO COMMON 57777810 $420,868 15,031 15,031
MBIA INC COMMON 55262C10 $408,166 8,225 8,225
MCDONALDS CORP PFD 58013588 $343,125 15,000 15,000
MCDONALDS CORP COM COMMON 58013510 $522,547 14,591 14,591
MCI WORLDCOM INC COMMON 55268B10 $866,040 21,651 21,651
MEDTRONIC INC COM COMMON 58505510 $1,761,392 33,590 33,590
MELLON BK CORP COM COMMON 58550910 $299,719 8,548 8,548
MELLON FINL CORP COMMON 58551A10 $281,554 8,548 8,548
MERCK & CO INC COM COMMON 58933110 $4,100,614 58,685 58,685
MERRILL LYNCH & CO INC COMMON 59018810 $282,138 2,832 2,832
MFS INTERMEDIATE INCOME TR COMMON 55273C10 $83,332 13,200 13,200
MICROSOFT CORP COMMON 59491810 $2,071,412 26,241 26,241
MILLER HERMAN INC COM COMMON 60054410 $262,500 10,000 10,000
MINNESOTA MNG & MFG CO COM COMMON 60405910 $823,516 8,927 8,927
MOLEX INC COMMON 60855410 $9,672,976 184,465 184,465
MORGAN J P & CO INC COMMON 61688010 $609,616 4,658 4,658
MORGAN STANLEY DEAN WITTER DI COMMON 61744644 $266,100 3,548 3,548
PAGE TOTAL $75,220,225
</TABLE>
<TABLE>
<CAPTION>
------------------------------------
(SEC USE ONLY)
- -------------------------------------------------------------------------------------
Item 7 Item 8
Item 1 Managers Voting Authority (Shares)
Name of Issuer See Instr. V. (a) Sole (b) Shared (c) None
- -------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
HERSHEY FOODS CORP COM 43,384
HEWLETT PACKARD CO COM 65,950
HOME DEPOT INC 155,935
IMMUNEX CORP 10,800
INTEL CORP 31,960
INTERNATIONAL BUSINESS MACHS C 12,398
INTERPUBLIC GROUP COS INC 119,200
INTUIT 48,300
JOHNSON & JOHNSON COM 96,026
K MART CORP 16,575
KEYCORP NEW 24,964
KOREA FD INC 21,000
KROGER 12,800
LIMITED INC COM 10,500
LUCENT TECHNOLOGIES INC COM 137,904
MANOR CARE INC 46,350
MARSH & MCLENNAN COS INC COM 14,255
MAY DEPT STORES CO 15,031
MBIA INC 8,225
MCDONALDS CORP 15,000
MCDONALDS CORP COM 14,591
MCI WORLDCOM INC 21,651
MEDTRONIC INC COM 33,590
MELLON BK CORP COM 8,548
MELLON FINL CORP 8,548
MERCK & CO INC COM 58,685
MERRILL LYNCH & CO INC 2,832
MFS INTERMEDIATE INCOME TR 13,200
MICROSOFT CORP 26,241
MILLER HERMAN INC COM 10,000
MINNESOTA MNG & MFG CO COM 8,927
MOLEX INC 184,465
MORGAN J P & CO INC 4,658
MORGAN STANLEY DEAN WITTER DI 3,548
</TABLE>
<PAGE>
FORM 13F
Name of Reporting Manager Howland Capital Management, Inc.
Page 4 of 5
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------
Item 6
Item 5 Investment Discretion
Item 2 Item 3 Item 4 Shares of (b) Shared-
Item 1 Title of CUSIP Fair Market Principle As Defined (c) Shared-
Name of Issuer Class Number Value Amount (a) Sole In Instr. V. Other
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
NABORS IND INC COM COMMON 62856810 $224,750 5,800 5,800
NATIONAL CITY CORP COM COMMON 63540510 $195,080 10,800 10,800
NORTHERN TRUST CORP COMMON 66585910 $393,000 6,000 6,000
OLD REPUBLIC INT'L COMMON 68022310 $156,375 12,510 12,510
OMNICARE INC COMMON 68190410 $1,353,294 94,550 94,550
PAINEWEBBER GROUP COMMON 69562910 $246,428 5,974 5,974
PAYCHEX INC COMMON 70432610 $2,206,103 43,470 43,470
PEPSICO INC COMMON 71344810 $2,541,800 68,350 68,350
PFIZER INC COMMON 71708110 $6,743,001 160,785 160,785
PITNEY BOWES INC COM COMMON 72447910 $224,140 5,560 5,560
POTLATCH CORP COM COMMON 73762810 $266,478 6,800 6,800
PROCTER & GAMBLE CO COM COMMON 74271810 $4,326,549 62,760 62,760
PROGRESS SOFTWARE COM COMMON 74331210 $2,316,871 115,124 115,124
QUALCOMM INC COMMON 74752510 $11,473,090 104,777 104,777
REEBOK INTERNATIONAL LTD COMMON 75811010 $237,600 14,400 14,400
RELIASTAR FINANCIAL COMMON 75952U10 $230,000 8,000 8,000
ROYAL DUTCH PETE CO COMMON 78025780 $1,358,825 24,050 24,050
RPM INC OHIO COMMON 74968510 $242,370 24,237 24,237
SBC COMMUNICATIONS INC COM COMMON 78387G10 $5,597,985 135,913 135,913
SCHERING PLOUGH CORP COM COMMON 80660510 $1,482,619 36,950 36,950
SCHLUMBERGER LTD COM COMMON 80685710 $318,675 4,332 4,332
SEARS ROEBUCK & CO COM COMMON 81238710 $231,750 6,000 6,000
SELFCARE INC COMMON 81631R10 $93,713 14,700 14,700
SERVICEMASTER CO COMMON 81760N10 $1,553,835 128,810 128,810
SLM HLDG CORP COMMON 78442A10 $224,000 7,000 7,000
SOUTHWESTERN BELL TEL CO COMMON 84533510 $386,588 18,300 18,300
SPRINT CORP COM COMMON 85206110 $337,216 5,632 5,632
STATE STR CORP COMMON 85747710 $470,096 4,900 4,900
STUDENT LOAN CORP COMMON 86390210 $259,050 6,600 6,600
SUN MICROSYSTEMS INC COM COMMON 86681010 $631,800 7,200 7,200
SUNTRUST BKS INC COM COMMON 86791410 $2,126,975 38,982 38,982
SWISS HELVETIA FUND COMMON 87087510 308,630 22,045 22,045
SYSCO CORP COM COMMON 87182910 5,167,080 143,530 143,530
TENET HEALTHCARE INC COMMON 88033G10 309,756 12,000 12,000
PAGE TOTAL $54,235,520
</TABLE>
<TABLE>
<CAPTION>
------------------------------------
(SEC USE ONLY)
- -------------------------------------------------------------------------------------
Item 7 Item 8
Item 1 Managers Voting Authority (Shares)
Name of Issuer See Instr. V. (a) Sole (b) Shared (c) None
- -------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
NABORS IND INC COM 5,800
NATIONAL CITY CORP COM 10,800
NORTHERN TRUST CORP 6,000
OLD REPUBLIC INT'L 12,510
OMNICARE INC 94,550
PAINEWEBBER GROUP 5,974
PAYCHEX INC 43,470
PEPSICO INC 68,350
PFIZER INC 160,785
PITNEY BOWES INC COM 5,560
POTLATCH CORP COM 6,800
PROCTER & GAMBLE CO COM 62,760
PROGRESS SOFTWARE COM 115,124
QUALCOMM INC 104,777
REEBOK INTERNATIONAL LTD 14,400
RELIASTAR FINANCIAL 8,000
ROYAL DUTCH PETE CO 24,050
RPM INC OHIO 24,237
SBC COMMUNICATIONS INC COM 135,913
SCHERING PLOUGH CORP COM 36,950
SCHLUMBERGER LTD COM 4,332
SEARS ROEBUCK & CO COM 6,000
SELFCARE INC 14,700
SERVICEMASTER CO 128,810
SLM HLDG CORP 7,000
SOUTHWESTERN BELL TEL CO 18,300
SPRINT CORP COM 5,632
STATE STR CORP 4,900
STUDENT LOAN CORP 6,600
SUN MICROSYSTEMS INC COM 7,200
SUNTRUST BKS INC COM 38,982
SWISS HELVETIA FUND 22,045
SYSCO CORP COM 143,530
TENET HEALTHCARE INC 12,000
</TABLE>
<PAGE>
FORM 13F
Name of Reporting Manager Howland Capital Management, Inc.
Page 5 of 5
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------
Item 6
Item 5 Investment Discretion
Item 2 Item 3 Item 4 Shares of (b) Shared-
Item 1 Title of CUSIP Fair Market Principle As Defined (c) Shared-
Name of Issuer Class Number Value Amount (a) Sole In Instr. V. Other
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
TRIZEC HAHN CORP SUB VTG COMMON 89693810 2,175,863 138,150 135,150
TRW INC COM COMMON 87264910 304,853 5,600 5,600
TYCO INTL LTD NEW COMMON 90212410 5,162,869 115,050 115,050
UNITED HEALTHCARE COMMON 91058110 335,625 5,000 5,000
UNITED PARCEL SVC COMMON 91131210 3,940,175 62,050 62,050
UNUMPROVIDENT CORP PFD 91529Y20 305,800 13,900 13,900
USX-US STL GROUP COM COMMON 90337T10 223,680 9,200 9,200
VODAFONE GROUP PLC SP ADR COMMON 92857T10 9,838,250 213,875 213,875
WALGREEN CO COM COMMON 93142210 4,519,546 161,050 161,050
WELLS FARGO COMMON 94974610 431,510 10,320 10,320
WEYERHAEUSER CO COM COMMON 96216610 325,128 6,000 6,000
WILLAMETTE INDS INC COMMON 96913310 293,966 7,800 7,800
WISCONSIN CENT TRANSN CORP COMMON 97659210 638,360 45,800 45,800
PAGE TOTAL 28,495,625
AGGREGATE TOTAL as of 3/31/00 302,499,445
</TABLE>
<TABLE>
<CAPTION>
------------------------------------
(SEC USE ONLY)
- -------------------------------------------------------------------------------------
Item 7 Item 8
Item 1 Managers Voting Authority (Shares)
Name of Issuer See Instr. V. (a) Sole (b) Shared (c) None
- -------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
TRIZEC HAHN CORP SUB VTG 138,150
TRW INC COM 5,600
TYCO INTL LTD NEW 115,050
UNITED HEALTHCARE 5,000
UNITED PARCEL SVC 62,050
UNUMPROVIDENT CORP 13,900
USX-US STL GROUP COM 9,200
VODAFONE GROUP PLC SP ADR 213,875
WALGREEN CO COM 161,050
WELLS FARGO 10,320
WEYERHAEUSER CO COM 6,000
WILLAMETTE INDS INC 7,800
WISCONSIN CENT TRANSN CORP 45,800
</TABLE>
