<PAGE> PAGE 1
000 B000000 12/31/94
000 C000000 0000351601
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FRANK RUSSELL INVESTMENT COMPANY
001 B000000 811-3153
001 C000000 2066277001
002 A000000 909 A STREET
002 B000000 TACOMA
002 C000000 WA
002 D010000 98402
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 22
007 C010100 1
007 C020100 EQUITY I FUND
007 C030100 N
007 C010200 2
007 C020200 EQUITY II FUND
007 C030200 N
007 C010300 3
007 C020300 EQUITY III FUND
007 C030300 N
007 C010400 4
007 C020400 FIXED I FUND
007 C030400 N
007 C010500 5
007 C020500 FIXED II FUND
007 C030500 N
007 C010600 6
007 C020600 INTERNATIONAL FUND
007 C030600 N
007 C010700 7
007 C020700 MONEY MARKET FUND
007 C030700 N
007 C010800 8
007 C020800 DIVERSIFIED EQUITY FUND
007 C030800 N
007 C010900 9
007 C020900 SPECIAL GROWTH FUND
007 C030900 N
007 C011000 10
007 C021000 EQUITY INCOME FUND
<PAGE> PAGE 2
007 C031000 N
007 C011100 11
007 C021100 DIVERSIFIED BOND FUND
007 C031100 N
007 C011200 12
007 C021200 VOLATILITY CONSTRAINED BOND FUND
007 C031200 N
007 C011300 13
007 C021300 INTERNATIONAL SECURITIES FUND
007 C031300 N
007 C011400 14
007 C021400 LIMITED VOLATILITY TAX FREE FUND
007 C031400 N
007 C011500 15
007 C021500 U.S. GOVERNMENT MONEY MARKET FUND
007 C031500 N
007 C011600 16
007 C021600 EQUITY Q FUND
007 C031600 N
007 C011700 17
007 C021700 QUANTITATIVE EQUITY FUND
007 C031700 N
007 C011800 18
007 C021800 TAX FREE MONEY MARKET FUND
007 C031800 N
007 C011900 19
007 C021900 REAL ESTATE SECURITIES FUND
007 C031900 N
007 C012000 20
007 C022000 FIXED INCOME III FUND
007 C032000 N
007 C012100 21
007 C022100 EMERGING MARKETS FUND
007 C032100 N
007 C012200 22
007 C022200 MULTISTRATEGY BOND FUND
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007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
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011 B00AA01 8-21771
011 C01AA01 TACOMA
011 C02AA01 WA
011 C03AA01 98402
012 A00AA01 FRANK RUSSELL INVESTMENT MANAGEMENT COMPANY
<PAGE> PAGE 3
012 B00AA01 85-0000
012 C01AA01 TACOMA
012 C02AA01 WA
012 C03AA01 98402
013 A00AA01 COOPERS & LYBRAND L.L.P.
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
014 A00AA01 FRANK RUSSELL SECURITIES, INC.
014 B00AA01 8-000329
014 A00AA02 RUSSELL FUND DISTRIBUTORS, INC.
014 B00AA02 8-21771
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
015 A00AA02 CITIBANK, N.A., ARGENTINA
015 B00AA02 S
015 C01AA02 BUENOS AIRES
015 D01AA02 ARGENTINA
015 E04AA02 X
015 A00AA03 WESTPAC BANKING CORPORATION
015 B00AA03 S
015 C01AA03 SYDNEY
015 D01AA03 AUSTRALIA
015 E04AA03 X
015 A00AA04 GIROCREDIT BANK
015 B00AA04 S
015 C01AA04 VIENNA
015 D01AA04 AUSTRIA
015 E04AA04 X
015 A00AA05 STANDARD CHARTERED BANK
015 B00AA05 S
015 C01AA05 DHAKA
015 D01AA05 BANGLADESH
015 E04AA05 X
015 A00AA06 GENERALE BANK
015 B00AA06 S
015 C01AA06 BRUSSELS
015 D01AA06 BELGIUM
015 E04AA06 X
015 A00AA07 CITIBANK, N.A., BRAZIL
015 B00AA07 S
015 C01AA07 SAO PAULO
015 D01AA07 BRAZIL
015 E04AA07 X
015 A00AA08 CANADA TRUSTCO MORTGAGE COMPANY
015 B00AA08 S
015 C01AA08 TORONTO
<PAGE> PAGE 4
015 D01AA08 CANADA
015 E04AA08 X
015 A00AA09 CITIBANK, N.A., CHILE
015 B00AA09 S
015 C01AA09 SANTIAGO
015 D01AA09 CHILE
015 E04AA09 X
015 A00AA10 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B00AA10 S
015 C01AA10 SHANGHAI - SHENZHEN
015 D01AA10 CHINA
015 E04AA10 X
015 A00AA11 CITITRUST COLUMBIA S.A. SOCIEDAD FIDUCIARIA
015 B00AA11 S
015 C01AA11 BOGOTA
015 D01AA11 COLUMBIA
015 E04AA11 X
015 A00AA12 BARCLAYS BANK PLC
015 B00AA12 S
015 C01AA12 NICOSIA
015 D01AA12 CYPRUS
015 E04AA12 X
015 A00AA13 DEN DANSKE BANK
015 B00AA13 S
015 C01AA13 COPENHAGEN
015 D01AA13 DENMARK
015 E04AA13 X
015 A00AA14 KANSALLIS-OSAKE-PANKKI
015 B00AA14 S
015 C01AA14 HELSINKI
015 D01AA14 FINLAND
015 E04AA14 X
015 A00AA15 BANQUE PARIBAS
015 B00AA15 S
015 C01AA15 PARIS
015 D01AA15 FRANCE
015 E04AA15 X
015 A00AA16 BERLINER HANDELS-UND FRANKFURTER BANK
015 B00AA16 S
015 C01AA16 FRANKFURT
015 D01AA16 GERMANY
015 E04AA16 X
015 A00AA17 NATIONAL BANK OF GREECE SA
015 B00AA17 S
015 C01AA17 ATHENS
015 D01AA17 GREECE
015 E04AA17 X
015 A00AA18 STANDARD CHARTERED BANK
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015 C01AA18 HONG KONG
015 D01AA18 HONG KONG
<PAGE> PAGE 5
015 E04AA18 X
015 A00AA19 CITIBANK BUDAPEST RT.
015 B00AA19 S
015 C01AA19 BUDAPEST
015 D01AA19 HUNGARY
015 E04AA19 X
015 A00AA20 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B00AA20 S
015 C01AA20 BOMBAY
015 D01AA20 INDIA
015 E04AA20 X
015 A00AA21 STANDARD CHARTERED BANK
015 B00AA21 S
015 C01AA21 JAKARTA
015 D01AA21 INDONESIA
015 E04AA21 X
015 A00AA22 BANK OF IRELAND
015 B00AA22 S
015 C01AA22 DUBLIN
015 D01AA22 IRELAND
015 E04AA22 X
015 A00AA23 BANK HAPOALIM B.M.
015 B00AA23 S
015 C01AA23 TEL AVIV
015 D01AA23 ISRAEL
015 E04AA23 X
015 A00AA24 MORGAN GUARANTY TRUST COMPANY
015 B00AA24 S
015 C01AA24 MILAN
015 D01AA24 ITALY
015 E04AA24 X
015 A00AA25 SUMITOMO TRUST & BANKING CO., LTD.
015 B00AA25 S
015 C01AA25 TOKYO
015 D01AA25 JAPAN
015 E04AA25 X
015 A00AA26 BANK OF SEOUL
015 B00AA26 S
015 C01AA26 SEOUL
015 D01AA26 KOREA
015 E04AA26 X
015 A00AA27 STANDARD CHARTERED BANK
015 B00AA27 S
015 C01AA27 KUALA LUMPUR
015 D01AA27 MALAYSIA
015 E04AA27 X
015 A00AA28 CITIBANK, N.A. MEXICO
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<PAGE> PAGE 6
015 A00AA29 MEESPIERSON N.V.
015 B00AA29 S
015 C01AA29 AMSTERDAM
015 D01AA29 NETHERLANDS
015 E04AA29 X
015 A00AA30 ANZ BANKING GROUP (NEW ZEALAND) LIMITED
015 B00AA30 S
015 C01AA30 WELLINGTON
015 D01AA30 NEW ZEALAND
015 E04AA30 X
015 A00AA31 CHRISTIANIA BANK OG KREDITKASSE
015 B00AA31 S
015 C01AA31 OLSO
015 D01AA31 NORWAY
015 E04AA31 X
015 A00AA32 DEUTSCHE BANK AG, PAKISTAN
015 B00AA32 S
015 C01AA32 KARACHI
015 D01AA32 PAKISTAN
015 E04AA32 X
015 A00AA33 CITIBANK, N.A., PERU
015 B00AA33 S
015 C01AA33 LIMA
015 D01AA33 PERU
015 E04AA33 X
015 A00AA34 STANDARD CHARTERED BANK
015 B00AA34 S
015 C01AA34 MANILA
015 D01AA34 PHILIPPINES
015 E04AA34 X
015 A00AA35 BANCO COMERCIAL PORTUGUES
015 B00AA35 S
015 C01AA35 LISBON
015 D01AA35 PORTUGAL
015 E04AA35 X
015 A00AA36 THE DEVELOPMENT BANK OF SINGAPORE LTD.
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015 C01AA36 SINGAPORE
015 D01AA36 SINGAPORE
015 E04AA36 X
015 A00AA37 BANCO SANTANDER, S.A.
015 B00AA37 S
015 C01AA37 MADRID
015 D01AA37 SPAIN
015 E04AA37 X
015 A00AA38 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B00AA38 S
015 C01AA38 COLUMBIA
015 D01AA38 SRI LANKA
015 E04AA38 X
015 A00AA39 SKANDINAVISKA ENSKILDA BANKEN
<PAGE> PAGE 7
015 B00AA39 S
015 C01AA39 STOCKHOLM
015 D01AA39 SWEDEN
015 E04AA39 X
015 A00AA40 UNION BANK OF SWITZERLAND
015 B00AA40 S
015 C01AA40 ZURICH
015 D01AA40 SWITZERLAND
015 E04AA40 X
015 A00AA41 CENTRAL TRUST OF CHINA
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015 C01AA41 TAIPEI
015 D01AA41 TAIWAN
015 E04AA41 X
015 A00AA42 STANDARD CHARTERED BANK
015 B00AA42 S
015 C01AA42 BANGKOK
015 D01AA42 THAILAND
015 E04AA42 X
015 A00AA43 CITIBANK, N.A., TURKEY
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015 C01AA43 INSTANBUL
015 D01AA43 TURKEY
015 E04AA43 X
015 A00AA44 STATE STREET BANK AND TRUST CO., LONDON, UK
015 B00AA44 S
015 C01AA44 LONDON
015 D01AA44 UNITED KINGDOM
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015 D01AA45 URUGUAY
015 E04AA45 X
015 A00AA46 CITIBANK, N.A., VENEZUELA
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015 D01AA46 VENEZUELA
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015 A00AA47 CESKOSLOVENSKA OBCHODNI BANKA A.S.
015 B00AA47 S
015 C01AA47 PRAGUE
015 D01AA47 CZECH REPUBLIC
015 E04AA47 X
015 A00AA48 NATIONAL BANK OF EGYPT
015 B00AA48 S
015 C01AA48 CAIRO
015 D01AA48 EQYPT
015 E04AA48 X
015 A00AA49 BARCLAYS BANK OF BOTSWANA
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<PAGE> PAGE 8
015 C01AA49 BOTSWANA
015 D01AA49 BOTSWANA
015 E04AA49 X
015 A00AA50 CITIBANK POLAND S.A.
015 B00AA50 S
015 C01AA50 WARSAW
015 D01AA50 POLAND
015 E04AA50 X
015 A00AA51 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B00AA51 S
015 C01AA51 JOHANNESBURG
015 D01AA51 SOUTH AFRICA
015 E04AA51 X
015 A00AA52 CHEMICAL BANK
015 B00AA52 C
015 C01AA52 NEW YORK
015 C02AA52 NY
015 C03AA52 10017
015 E01AA52 X
015 A00AA53 BANK OF NEW YORK
015 B00AA53 C
015 C01AA53 NEW YORK
015 C02AA53 NY
015 C03AA53 10286
015 E01AA53 X
015 A00AA54 BARCLAYS BANK OF GHANA LIMITED
015 B00AA54 S
015 C01AA54 ACCRA
015 D01AA54 GHANA
015 E04AA54 X
015 A00AA55 THE BRITISH BANK OF THE MIDDLE EAST
015 B00AA55 S
015 C01AA55 AMMAN
015 D01AA55 JORDAN
015 E04AA55 X
015 A00AA56 BARCLAYS BANK OF KENYA LIMITED
015 B00AA56 S
015 C01AA56 NAIROBI
015 D01AA56 KENYA
015 E04AA56 X
015 A00AA57 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B00AA57 S
015 C01AA57 PORT LOUIS
015 D01AA57 MAURITIUS
015 E04AA57 X
015 A00AA58 CESKOSLOVENSKA OBCHODNA BANKA A.S.
015 B00AA58 S
015 C01AA58 BRATISLAVA
015 D01AA58 SLOVAK REPUBLIC
015 E04AA58 X
015 A00AA59 BARCLAYS BANK OF SWAZILAND LIMITED
<PAGE> PAGE 9
015 B00AA59 S
015 C01AA59 MBADANA
015 D01AA59 SWAZILAND
015 E04AA59 X
015 A00AA60 BARCLAYS BANK OF ZAMBIA LIMITED
015 B00AA60 S
015 C01AA60 LUSKA
015 D01AA60 ZAMBIA
015 E04AA60 X
015 A00AA61 BARCLAYS BANK OF ZIMBABWE LIMITED
015 B00AA61 S
015 C01AA61 HARARE
015 D01AA61 ZIMBABWE
015 E04AA61 X
015 A00AA62 DELETE
015 A00AA63 DELETE
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019 A00AA00 N
019 B00AA00 0
020 A000001 FRANK RUSSELL SECURITIES,INC.
020 B000001 910604934
020 C000001 1295
020 A000002 MORGAN STANLEY & CO., INC.
020 B000002 132655998
020 C000002 661
020 A000003 UBS SECURITIES, INC.
020 B000003 132932996
020 C000003 377
020 A000004 SMITH NEW COURT, INC.
020 B000004 133169769
020 C000004 298
020 A000005 INVESTMENT TECHNOLOGY GROUP, INC.
020 B000005 954339369
020 C000005 294
020 A000006 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000006 135674085
020 C000006 268
020 A000007 INSTINET CORP.
020 B000007 133443395
020 C000007 257
020 A000008 SALOMON BROTHERS, INC.
020 B000008 133082694
020 C000008 241
020 A000009 BEAR STEARNS & CO., INC.
020 B000009 133299429
020 C000009 206
020 A000010 GOLDMAN SACHS & CO.
020 B000010 135108880
020 C000010 178
021 000000 8815
022 A000001 CHASE SECURITIES, INC.
<PAGE> PAGE 10
022 B000001 133112953
022 C000001 15203541
022 D000001 5473
022 A000002 FUJI BANK
022 B000002 135624234
022 C000002 2773877
022 D000002 0
022 A000003 HSBC SECURITIES, INC.
022 B000003 N/A
022 C000003 2661206
022 D000003 23831
022 A000004 ASSOCIATED INVESTORS CORPORATION, N.A.
022 B000004 131917220
022 C000004 2425349
022 D000004 0
022 A000005 CARROLL MCENTEE & MCGINLEY
022 B000005 132650272
022 C000005 1532714
022 D000005 0
022 A000006 LEHMAN BROTHERS HOLDINGS, INC.
022 B000006 132518466
022 C000006 802142
022 D000006 645826
022 A000007 SANWA BANK, LTD.
022 B000007 133046258
022 C000007 1241383
022 D000007 17331
022 A000008 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000008 135674085
022 C000008 699993
022 D000008 471127
022 A000009 SALOMON BROTHERS, INC.
022 B000009 133082694
022 C000009 590158
022 D000009 502133
022 A000010 MORGAN STANLEY & CO., INC.
022 B000010 132655998
022 C000010 452119
022 D000010 325672
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023 D000000 3812989
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026 C000000 N
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<PAGE> PAGE 11
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030 B00AA00 0.00
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036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 N
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
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077 A000000 Y
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084 A00AA00 N
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<PAGE> PAGE 12
085 B00AA00 N
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008 D030101 98402
008 A000102 ALLIANCE CAPITAL MANAGEMENT L.P.
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008 C000102 801-7492
008 D010102 MINNEAPOLIS
008 D020102 MN
008 D030102 55402
008 A000103 CASH FLOW INVESTORS, INC.
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008 C000103 801-18299
008 D010103 FORT LEE
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008 D030103 07024
008 A000104 COLUMBUS CIRCLE INVESTORS
008 B000104 S
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008 D010104 STAMFORD
008 D020104 CT
008 D030104 06902
008 A000105 EQUINOX CAPITAL MANAGEMENT, INC.
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008 D020105 NY
008 D030105 10022
008 A000106 INVESCO CAPITAL MANAGEMENT, INC.
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008 C000106 801-33949
008 D010106 ATLANTA
008 D020106 GA
008 D030106 30309
008 A000107 LINCOLN CAPITAL MANAGEMENT CO.
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008 C000107 801-11417
008 D010107 CHICAGO
008 D020107 IL
008 D030107 60606
008 A000108 TRINITY INVESTMENT MANAGEMENT CORP.
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008 C000108 801-11312
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008 D020108 MA
008 D030108 02116
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<PAGE> PAGE 13
008 C000109 801-17157
008 D010109 TACOMA
008 D020109 WA
008 D030109 98402
008 A000110 SUFFOLK CAPITAL MANAGEMENT, INC.
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008 D020110 NY
008 D030110 10107
008 A000111 WELLINGTON MANAGEMENT COMPANY
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008 C000111 801-15908
008 D010111 MALVERN
008 D020111 PA
008 D030111 19355
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025 B000102 135674085
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025 D000102 3046
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025 B000103 132655998
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025 D000103 826
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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008 D030201 98402
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008 D030202 02111
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<PAGE> PAGE 18
008 D010204 TACOMA
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008 D020205 MN
008 D030205 55416
008 A000206 MITCHELL HUTCHINS INST'L INVESTORS, INC.
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008 C000207 801-15908
008 D010207 BOSTON
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008 D030207 02109
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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008 A000301 FRANK RUSSELL INVESTMENT MANAGEMENT COMPANY
008 B000301 A
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008 D010301 TACOMA
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008 D030301 98402
008 A000302 FRANK RUSSELL COMPANY
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008 C000302 801-17157
008 D010302 TACOMA
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008 D030302 98402
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008 D030303 10022
008 A000304 BRANDYWINE ASSET MANAGEMENT, INC.
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008 D020304 DE
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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008 A000401 FRANK RUSSELL INVESTMENT MANAGEMENT COMPANY
008 B000401 A
<PAGE> PAGE 27
008 C000401 801-17141
008 D010401 TACOMA
008 D020401 WA
008 D030401 98402
008 A000402 FRANK RUSSELL COMPANY
008 B000402 S
008 C000402 801-17157
008 D010402 TACOMA
008 D020402 WA
008 D030402 98402
008 A000403 STANDISH, AYER, & WOOD, INC.
008 B000403 S
008 C000403 801-584
008 D010403 BOSTON
008 D020403 MA
008 D030403 02111
008 A000404 LINCOLN CAPITAL MANAGEMENT CO.
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008 C000404 801-11417
008 D010404 CHICAGO
008 D020404 IL
008 D030404 60606
008 A000405 PACIFIC INVESTMENT MANAGEMENT CO.
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008 D030405 92660
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025 A000404 SALOMON, INC.
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<PAGE> PAGE 28
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<PAGE> PAGE 29
049 000400 N
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<PAGE> PAGE 30
070 J020400 N
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<PAGE> PAGE 31
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008 A000501 FRANK RUSSELL INVESTMENT MANAGEMENT COMPANY
008 B000501 A
008 C000501 801-17141
008 D010501 TACOMA
008 D020501 WA
008 D030501 98402
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<PAGE> PAGE 32
008 D030502 98402
008 A000503 BLACKROCK FINANCIAL MANAGEMENT
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008 C000503 801-32183
008 D010503 NEW YORK
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008 D030503 10154
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008 C000504 801-584
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008 D030504 02111
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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008 A000601 FRANK RUSSELL INVESTMENT MANAGEMENT COMPANY
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008 D030602 98402
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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<PAGE> PAGE 42
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<PAGE> PAGE 43
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<PAGE> PAGE 44
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<PAGE> PAGE 45
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<PAGE> PAGE 46
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<PAGE> PAGE 47
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<PAGE> PAGE 48
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<PAGE> PAGE 49
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<PAGE> PAGE 50
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<PAGE> PAGE 51
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<PAGE> PAGE 52
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<PAGE> PAGE 53
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<PAGE> PAGE 54
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<PAGE> PAGE 55
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<PAGE> PAGE 56
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008 A001001 FRANK RUSSELL INVESTMENT MANAGEMENT COMPANY
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008 A001004 BRANDYWINE ASSET MANAGEMENT, INC.
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008 D021004 DE
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<PAGE> PAGE 57
008 A001005 TRINITY INVESTMENT MANAGEMENT CORP.
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<PAGE> PAGE 58
048 F021000 0.000
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066 D001000 N
066 E001000 N
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067 001000 N
068 A001000 N
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069 001000 N
070 A011000 Y
070 A021000 N
070 B011000 Y
070 B021000 N
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070 C021000 N
<PAGE> PAGE 59
070 D011000 Y
070 D021000 Y
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070 E021000 N
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070 F021000 N
070 G011000 Y
070 G021000 N
070 H011000 Y
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 Y
070 L011000 Y
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070 M021000 N
070 N011000 Y
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070 P011000 Y
070 P021000 N
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070 R021000 N
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<PAGE> PAGE 60
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<PAGE> PAGE 61
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008 A001101 FRANK RUSSELL INVESTMENT MANAGEMENT COMPANY
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008 D011101 TACOMA
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008 D011104 CHICAGO
008 D021104 IL
008 D031104 60606
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008 D011105 NEWPORT BEACH
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<PAGE> PAGE 62
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<PAGE> PAGE 63
048 J011100 0
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<PAGE> PAGE 64
070 H021100 N
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070 J021100 N
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070 K021100 Y
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070 L021100 Y
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070 M021100 Y
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070 R021100 N
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<PAGE> PAGE 65
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008 A001201 FRANK RUSSELL INVESTMENT MANAGEMENT COMPANY
008 B001201 A
008 C001201 801-17141
008 D011201 TACOMA
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008 D031201 98402
008 A001202 FRANK RUSSELL COMPANY
<PAGE> PAGE 66
008 B001202 S
008 C001202 801-17157
008 D011202 TACOMA
008 D021202 WA
008 D031202 98402
008 A001203 BLACKROCK FINANCIAL MANAGEMENT
008 B001203 S
008 C001203 801-32183
008 D011203 NEW YORK
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008 D031203 10154
008 A001204 STANDISH, AYER & WOOD, INC.
008 B001204 S
008 C001204 801-584
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<PAGE> PAGE 67
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<PAGE> PAGE 68
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<PAGE> PAGE 69
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<PAGE> PAGE 70
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008 A001301 FRANK RUSSELL INVESTMENT MANAGEMENT COMPANY
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<PAGE> PAGE 71
008 A001305 OECHSLE INTERNATIONAL ADVISORS
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<PAGE> PAGE 72
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<PAGE> PAGE 73
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<PAGE> PAGE 74
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<PAGE> PAGE 75
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<PAGE> PAGE 76
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<PAGE> PAGE 77
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<PAGE> PAGE 78
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<PAGE> PAGE 79
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008 A001501 FRANK RUSSELL INVESTMENT MANAGEMENT COMPANY
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<PAGE> PAGE 80
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<PAGE> PAGE 81
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<PAGE> PAGE 82
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<PAGE> PAGE 83
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008 A001601 FRANK RUSSELL INVESTMENT MANAGEMENT COMPANY
<PAGE> PAGE 84
008 B001601 A
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008 A001605 WELLS FARGO NIKKO INVESTMENT ADVISORS
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<PAGE> PAGE 85
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<PAGE> PAGE 86
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<PAGE> PAGE 87
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<PAGE> PAGE 88
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<PAGE> PAGE 89
008 A001701 FRANK RUSSELL INVESTMENT MANAGEMENT COMPANY
008 B001701 A
008 C001701 801-17141
008 D011701 TACOMA
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<PAGE> PAGE 90
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<PAGE> PAGE 91
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<PAGE> PAGE 92
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<PAGE> PAGE 93
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<PAGE> PAGE 94
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008 A001801 FRANK RUSSELL INVESTMENT MANAGEMENT COMPANY
008 B001801 A
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<PAGE> PAGE 95
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<PAGE> PAGE 96
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<PAGE> PAGE 97
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<PAGE> PAGE 98
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<PAGE> PAGE 99
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<PAGE> PAGE 100
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<PAGE> PAGE 101
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<PAGE> PAGE 102
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<PAGE> PAGE 103
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<PAGE> PAGE 104
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<PAGE> PAGE 105
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<PAGE> PAGE 106
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<PAGE> PAGE 107
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<PAGE> PAGE 108
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<PAGE> PAGE 109
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<PAGE> PAGE 110
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<PAGE> PAGE 111
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<PAGE> PAGE 112
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008 A002201 FRANK RUSSELL INVESTMENT MANAGEMENT COMPANY
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<PAGE> PAGE 113
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<PAGE> PAGE 114
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<PAGE> PAGE 117
SIGNATURE MARGARET BARCLAY
TITLE TREASURER & CEO
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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