<PAGE>
- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
------------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)
Franklin Resources, Inc.
------------------------
(Name of Issuer)
COMMON STOCK, par value $0.10
------------------------------
(Title of Class of Securities)
0003546131
-----------------
CUSIP Number
HELLMAN & FRIEDMAN INVESTORS, INC.
One Maritime Plaza, 12th Floor
San Francisco, California 94111
(415) 788-5111
with a copy to:
Paul J. Mundie, Esq.
Heller Ehrman White & McAuliffe
333 Bush Street
San Francisco, California 94104
(415) 772-6186
-----------------------------------
(Name, address and telephone number
of person authorized to receive
notices and communications)
December 13, 1996
-----------------------
(Date of Event which requires
filing of this statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this statement, and is filing this
statement because of Rule 13d-1(b)(3) or (4), check the following:
/ /
Check the following box if a fee is being paid with this statement:
/ /
(Page 1 of 20 pages)
<PAGE>
CUSIP No. 0003546131 13D
----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Hellman & Friedman Capital Partners II, L.P.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
- -------------------------------------------------------------------------------
(3) SEC Use Only
-------------------------
- -------------------------------------------------------------------------------
(4) Source of Funds (See Instructions): WC
- -------------------------------------------------------------------------------
(5) / / Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization: California
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting
Beneficially Owned Power -0-
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 1,463,466
--------------------------------------------------
(9) Sole Dispositive
Power -0-
--------------------------------------------------
(10) Shared Dispositive
Power 1,463,466
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,574,127
- -------------------------------------------------------------------------------
(12) / / Check if the Aggregate Amount in Row (11) Excludes Certain
Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11): 1.8%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions): PN
- -------------------------------------------------------------------------------
(Page 2 of 20 pages)
<PAGE>
CUSIP No. 0003546131 13D
----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Hellman & Friedman Investors, L.P.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
- -------------------------------------------------------------------------------
(3) SEC Use Only
-------------------------
- -------------------------------------------------------------------------------
(4) Source of Funds (See Instructions): 00 (WC of other group member)
- -------------------------------------------------------------------------------
(5) / / Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization: California
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting
Beneficially Owned Power -0-
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 2,926,345
--------------------------------------------------
(9) Sole Dispositive
Power -0-
--------------------------------------------------
(10) Shared Dispositive
Power 2,926,345
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,574,127
- -------------------------------------------------------------------------------
(12) / / Check if the Aggregate Amount in Row (11) Excludes Certain
Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11): 1.9%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions): PN
- -------------------------------------------------------------------------------
(Page 3 of 20 pages)
<PAGE>
CUSIP No. 0003546131 13D
----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Hellman & Friedman Investors, Inc.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
- -------------------------------------------------------------------------------
(3) SEC Use Only
-------------------------
- -------------------------------------------------------------------------------
(4) Source of Funds (See Instructions): 00 (WC of other group member)
- -------------------------------------------------------------------------------
(5) / / Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization: California
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting
Beneficially Owned Power -0-
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 1,463,466
--------------------------------------------------
(9) Sole Dispositive
Power -0-
--------------------------------------------------
(10) Shared Dispositive
Power 1,463,466
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,574,127
- -------------------------------------------------------------------------------
(12) / / Check if the Aggregate Amount in Row (11) Excludes Certain
Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11): 1.9%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions): CO
- -------------------------------------------------------------------------------
(Page 4 of 20 pages)
<PAGE>
CUSIP No. 0003546131 13D
----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
H & F Orchard Partners, L.P.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
- -------------------------------------------------------------------------------
(3) SEC Use Only
-------------------------
- -------------------------------------------------------------------------------
(4) Source of Funds (See Instructions): WC
- -------------------------------------------------------------------------------
(5) / / Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization: California
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting
Beneficially Owned Power -0-
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 92,244
--------------------------------------------------
(9) Sole Dispositive
Power -0-
--------------------------------------------------
(10) Shared Dispositive
Power 92,244
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,574,127
- -------------------------------------------------------------------------------
(12) / / Check if the Aggregate Amount in Row (11) Excludes Certain
Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11): 1.9%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions): PN
- -------------------------------------------------------------------------------
(Page 5 of 20 pages)
<PAGE>
CUSIP No. 0003546131 13D
----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
H & F Orchard Investors, L.P.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
- -------------------------------------------------------------------------------
(3) SEC Use Only
-------------------------
- -------------------------------------------------------------------------------
(4) Source of Funds (See Instructions): 00 (WC or other group member)
- -------------------------------------------------------------------------------
(5) / / Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization: California
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting
Beneficially Owned Power -0-
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 92,244
--------------------------------------------------
(9) Sole Dispositive
Power -0-
--------------------------------------------------
(10) Shared Dispositive
Power 92,244
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,574,127
- -------------------------------------------------------------------------------
(12) / / Check if the Aggregate Amount in Row (11) Excludes Certain
Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11): 1.9%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions): PN
- -------------------------------------------------------------------------------
(Page 6 of 20 pages)
<PAGE>
CUSIP No. 0003546131 13D
----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
H & F Orchard Investors, Inc.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
- -------------------------------------------------------------------------------
(3) SEC Use Only
-------------------------
- -------------------------------------------------------------------------------
(4) Source of Funds (See Instructions): 00 (WC of other group member)
- -------------------------------------------------------------------------------
(5) / / Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization: California
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting
Beneficially Owned Power -0-
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 92,244
--------------------------------------------------
(9) Sole Dispositive
Power -0-
--------------------------------------------------
(10) Shared Dispositive
Power 92,244
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,574,127
- -------------------------------------------------------------------------------
(12) / / Check if the Aggregate Amount in Row (11) Excludes Certain
Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11): 1.9%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions): CO
- -------------------------------------------------------------------------------
(Page 7 of 20 pages)
<PAGE>
CUSIP No. 0003546131 13D
----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
H & F International Partners, L.P.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
- -------------------------------------------------------------------------------
(3) SEC Use Only
-------------------------
- -------------------------------------------------------------------------------
(4) Source of Funds (See Instructions): WC
- -------------------------------------------------------------------------------
(5) / / Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization: California
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting
Beneficially Owned Power -0-
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 18,417
--------------------------------------------------
(9) Sole Dispositive
Power -0-
--------------------------------------------------
(10) Shared Dispositive
Power 18,417
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,574,127
- -------------------------------------------------------------------------------
(12) / / Check if the Aggregate Amount in Row (11) Excludes Certain
Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11): 1.9%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions): PN
- -------------------------------------------------------------------------------
(Page 8 of 20 pages)
<PAGE>
CUSIP No. 0003546131 13D
----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
H&F International Investors, L.P.,
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
- -------------------------------------------------------------------------------
(3) SEC Use Only
-------------------------
- -------------------------------------------------------------------------------
(4) Source of Funds (See Instructions): 00 (WC of other group member)
- -------------------------------------------------------------------------------
(5) / / Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization: California
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting
Beneficially Owned Power -0-
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 18,417
--------------------------------------------------
(9) Sole Dispositive
Power -0-
--------------------------------------------------
(10) Shared Dispositive
Power 18,417
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,574,127
- -------------------------------------------------------------------------------
(12) / / Check if the Aggregate Amount in Row (11) Excludes Certain
Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11): 1.9%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions): PN
- -------------------------------------------------------------------------------
(Page 9 of 20 pages)
<PAGE>
CUSIP No. 0003546131 13D
----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
H & F International Investors, Inc.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
- -------------------------------------------------------------------------------
(3) SEC Use Only
-------------------------
- -------------------------------------------------------------------------------
(4) Source of Funds (See Instructions): 00 (WC of other group member)
- -------------------------------------------------------------------------------
(5) / / Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization: California
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting
Beneficially Owned Power -0-
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 18,417
--------------------------------------------------
(9) Sole Dispositive
Power -0-
--------------------------------------------------
(10) Shared Dispositive
Power 18,417
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,574,127
- -------------------------------------------------------------------------------
(12) / / Check if the Aggregate Amount in Row (11) Excludes Certain
Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11): 1.9%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions): CO
- -------------------------------------------------------------------------------
(Page 10 of 20 pages)
<PAGE>
CUSIP No. 0003546131 13D
----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
F. Warren Hellman (individually, and as trustee of the Hellman Family
revocable Trust)
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
- -------------------------------------------------------------------------------
(3) SEC Use Only
-------------------------
- -------------------------------------------------------------------------------
(4) Source of Funds (See Instructions): 00 (WC of other group member)
- -------------------------------------------------------------------------------
(5) / / Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization: U.S.
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting
Beneficially Owned Power -0-
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 1,574,127
--------------------------------------------------
(9) Sole Dispositive
Power -0-
--------------------------------------------------
(10) Shared Dispositive
Power 1,574,127
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,574,127
- -------------------------------------------------------------------------------
(12) / / Check if the Aggregate Amount in Row (11) Excludes Certain
Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11): 1.9%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions): IN
- -------------------------------------------------------------------------------
(Page 11 of 20 pages)
<PAGE>
CUSIP No. 0003546131 13D
----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Tully M. Friedman (individually, and as trustee of the Tully M. Friedman
Revocable Trust)
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
- -------------------------------------------------------------------------------
(3) SEC Use Only
-------------------------
- -------------------------------------------------------------------------------
(4) Source of Funds (See Instructions): 00 (WC of other group member)
- -------------------------------------------------------------------------------
(5) / / Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization: U.S.
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting
Beneficially Owned Power -0-
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 1,574,127
--------------------------------------------------
(9) Sole Dispositive
Power -0-
--------------------------------------------------
(10) Shared Dispositive
Power 1,574,127
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
1,574,127
- -------------------------------------------------------------------------------
(12) / / Check if the Aggregate Amount in Row (11) Excludes Certain
Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11): 1.9%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions): IN
- -------------------------------------------------------------------------------
(Page 12 of 20 pages)
<PAGE>
CUSIP No. 0003546131 13D
----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Magellan Pte. Ltd.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
- -------------------------------------------------------------------------------
(3) SEC Use Only
-------------------------
- -------------------------------------------------------------------------------
(4) Source of Funds (See Instructions): WC
- -------------------------------------------------------------------------------
(5) / / Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization: Singapore
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting
Beneficially Owned Power -0-
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 787,063
--------------------------------------------------
(9) Sole Dispositive
Power -0-
--------------------------------------------------
(10) Shared Dispositive
Power 787,063
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
787,063
- -------------------------------------------------------------------------------
(12) / / Check if the Aggregate Amount in Row (11) Excludes Certain
Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11): 0.9%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions): OO
- -------------------------------------------------------------------------------
(Page 13 of 20 pages)
<PAGE>
CUSIP No. 0003546131 13D
----------
- -------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of Above
Persons
Government of Singapore Investment Corporation (Ventures) Pte. Ltd.
- -------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member (a) / /
of a Group* (b) /x/
- -------------------------------------------------------------------------------
(3) SEC Use Only
-------------------------
- -------------------------------------------------------------------------------
(4) Source of Funds (See Instructions): 00 (WC of other group member)
- -------------------------------------------------------------------------------
(5) / / Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
(6) Citizenship or Place of Organization: Singapore
- -------------------------------------------------------------------------------
Number of Shares (7) Sole Voting
Beneficially Owned Power -0-
by Each Reporting --------------------------------------------------
Person With (8) Shared Voting
Power 787,063
--------------------------------------------------
(9) Sole Dispositive
Power -0-
--------------------------------------------------
(10) Shared Dispositive
Power 787,063
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
787,063
- -------------------------------------------------------------------------------
(12) / / Check if the Aggregate Amount in Row (11) Excludes Certain
Shares*
- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11): 0.9%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions): OO
- -------------------------------------------------------------------------------
(Page 14 of 20 pages)
<PAGE>
INTRODUCTION
Hellman & Friedman Investors, Inc. ("Investors, Inc.") hereby amends the
Statement on Schedule 13D (the "Statement") originally filed by the group of
reporting persons named above on August 10, 1992 and amended on November 26,
1996. This Amendment No. 2 to the Statement is filed on behalf of each such
reporting person pursuant to the Agreement with respect to Schedule 13D attached
as Exhibit 7(1) to the Amendment No. 1. However, following the filing of this
Amendment, such Agreement terminates, and the reporting persons disclaim the
continued existence of the membership in a group to the extent described in Item
2 below.
COVER PAGES
The cover pages to the Statement for the Reporting Persons identified
therein are amended to read as shown on the cover pages included in this
Amendment.
Item 2. IDENTITY AND BACKGROUND.
Add a new paragraph as follows:
As a result of the transactions closed on December 13, 1996, the
Hellman & Friedman Reporting Persons and the Singapore Reporting Persons have no
further agreements between them relating to the Common Stock. Accordingly, the
Hellman & Friedman Reporting Persons and the Singapore Reporting Persons
(referred to collectively as the "Reporting Persons") disclaim membership in a
group from and after December 13, 1996.
(Page 15 of 20 pages)
<PAGE>
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 of the Statement is amended in its entirety to read as follows:
(a) and (b). The aggregate number of shares and percentage of
Common Stock of the Issuer (based upon the number of shares of Common Stock
the Reporting Persons understand to have been outstanding on October 31,
1996) beneficially owned by each person named in Item 2, as well as the
number of shares of Common Stock as to which such person is deemed to have
sole power to vote or to direct the vote, shared power to vote or direct the
vote, sole power to dispose or direct the disposition, or shared power to
dispose or direct the disposition, in each case after giving effect to the
transactions contemplated by the Repurchase Agreement, is set forth in the
following table.
(Page 16 of 20 pages)
<PAGE>
<TABLE>
<CAPTION>
No. of Shares
Beneficially Percentage Power to Vote Power to Dispose
Person Owned of Class Sole Shared Sole Shared
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
HFCP II 1,574,127 1.9% 0 1,463,466 0 1,463,466
Investors, L.P. 1,574,127 1.9% 0 1,463,466 0 1,463,466
Investors, Inc. 1,574,127 1.9% 0 1,463,466 0 1,463,466
Orchard Partners 1,574,127 1.9% 0 92,244 0 92,244
Orchard Investors, L.P. 1,574,127 1.9% 0 92,244 0 92,244
Orchard Investors, Inc. 1,574,127 1.9% 0 92,244 0 92,244
International Partners 1,574,127 1.9% 0 18,417 0 18,417
International Investors, L.P. 1,574,127 1.9% 0 18,417 0 18,417
International Investors, Inc. 1,574,127 1.9% 0 18,417 0 18,417
F. Warren Hellman 1,574,127 1.9% 0 1,574,127 0 1,574,127
Tully M. Friedman 1,574,127 1.9% 0 1,574,127 0 1,574,127
Magellan 787,063 0.9% 0 787,063 0 787,063
GSIC 787,063 0.9% 0 787,063 0 787,063
</TABLE>
The information required by Item 2 with respect to persons with whom voting
or dispositive power is shared is set forth in Item 2. Each of HFCP II,
Investors, L.P. and Investors, Inc. share power to vote and to dispose of the
1,463,466 shares of
(Page 17 of 20 pages)
<PAGE>
Common Stock beneficially owned by them with each other and with trusts of
which Messrs. Hellman and Friedman are trustees and as such ultimately
control the voting and disposition of such shares; each of Orchard Partners,
Orchard Investors, L.P. and Orchard Investors, Inc. similarly share power to
vote and power to dispose of the 92,244 shares of Common Stock beneficially
owned by them with each other and with trusts of which Messrs. Hellman and
Friedman are trustees and as such ultimately control the voting and
disposition of such shares. Each of International Partners, International
Investors, L.P. and International Investors, Inc. similarly share power to
vote and power to dispose of the 18,417 shares of Common Stock beneficially
owned by them with each other and with trusts of which Messrs. Hellman and
Friedman are trustees and as such ultimately control the voting and
disposition of such shares. Messrs. Hellman and Friedman share power to vote
and power to dispose of the 1,574,127 shares of Common Stock beneficially
owned by them with each other and the various other Hellman and Friedman
Reporting Persons.
Magellan and GSIC share power to vote and power to dispose of the 787,063
shares of Common Stock beneficially owned by them with each other. Magellan is
controlled by GSIC and, therefore, GSIC ultimately controls the voting and
disposition of such shares. GSIC is a corporate agency of the government of
Singapore responsible for investing certain funds of the government of
Singapore. To the best knowledge of GSIC, neither GSIC nor any other agency
controlled by GSIC has any interest in any shares of Common Stock of the Issuer.
However, other
(Page 18 of 20 pages)
<PAGE>
agencies of the government of Singapore that are responsible for managing other
government funds may have an interest in shares of Common Stock of the Issuer.
(c) To the best knowledge of the Reporting Persons, no person described in
paragraph (a) of this Item 5 has effected any transaction in the Common Stock of
the Issuer during the past 60 days other than as provided for in the Option
Rights Exercise Agreement and the Debenture Repurchase Agreement described in
Items 3 and 4 above and filed as Exhibits 7(7) and 7(8).
(d) To the best knowledge of the Reporting Persons, no person other than
the Reporting Persons has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, Common Stock of the
Issuer.
(e) December 13, 1996
(Page 19 of 20 pages)
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of the undersigned's knowledge and
belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
HELLMAN & FRIEDMAN INVESTORS, INC.
Dated: December 16, 1996 By: /s/ Philip U. Hammarskjold
------------------------------------
Title: Vice President
---------------------------------
