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SIGNATURE VINCENT P. CORTI
TITLE SECRETARY
For period ending 06/30/97
File number 811 - 116
77(C). Matters submitted to a vote of security holders.
a. Annual meeting of shareholders - April 29, 1997
b. Directors elected:
Charles H. Black, Ann S. Bowers, Malcolm R. Currie,
Jon B. Lovelace, Jr., John G. McDonald, Bailey Morris-Eck, Richard
G. Newman, William C. Newton, James W. Ratzlaff, Olin C. Robison,
William J. Spencer.
c. Ratification or rejection of the selection by the Board of
Directors of Price Waterhouse LLP as the independent accountant for
the year ended December 31, 1997.
Votes: Affirmative Against Abstain
809,526,806 4,938,248 25,593,912
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