SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULE 13D-1 AND 13D-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
EXPRESS SCRIPTS, INC.
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(NAME OF ISSUER)
CLASS A COMMON STOCK, PAR VALUE $.01 PER SHARE
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(TITLE OF CLASS OF SECURITIES)
302182 10 0
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(CUSIP NUMBER)
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Schedule 13G
CUSIP No. 302182 10 0
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(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
New York Life Insurance Company
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ( )
(b) ( )
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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(5) SOLE VOTING POWER
7,510,000
NUMBER OF ---------------------------------------------------
SHARES (6) SHARED VOTING POWER
BENEFICIALLY None
OWNED BY ---------------------------------------------------
EACH REPORTING (7) SOLE DISPOSITIVE POWER
PERSON 7,510,000
WITH ---------------------------------------------------
(8) SHARED DISPOSITIVE POWER
None
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,510,000
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES ( )
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
44.9%
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(12) TYPE OF REPORTING PERSON
IC
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Schedule 13G
CUSIP No. 302182 10 0
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(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
NYLIFE Inc.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ( )
(b) ( )
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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(5) SOLE VOTING POWER
7,510,000
NUMBER OF ---------------------------------------------------
SHARES (6) SHARED VOTING POWER
BENEFICIALLY None
OWNED BY ---------------------------------------------------
EACH REPORTING (7) SOLE DISPOSITIVE POWER
PERSON 7,510,000
WITH ---------------------------------------------------
(8) SHARED DISPOSITIVE POWER
None
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,510,000
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES ( )
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
44.9%
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(12) TYPE OF REPORTING PERSON
CO
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Schedule 13G
CUSIP No. 302182 10 0
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(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
NYLIFE Healthcare Management, Inc.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ( )
(b) ( )
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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(5) SOLE VOTING POWER
7,510,000
NUMBER OF ---------------------------------------------------
SHARES (6) SHARED VOTING POWER
BENEFICIALLY None
OWNED BY ---------------------------------------------------
EACH REPORTING (7) SOLE DISPOSITIVE POWER
PERSON 7,510,000
WITH ---------------------------------------------------
(8) SHARED DISPOSITIVE POWER
None
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,510,000
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES ( )
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
44.9%
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(12) TYPE OF REPORTING PERSON
CO
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ITEM 1(A). NAME OF ISSUER:
Express Scripts, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
14000 Riverport Drive
Maryland Heights, MO 63043
ITEM 2(A). NAME OF PERSON FILING:
New York Life Insurance Company ("New York Life"); its wholly
owned subsidiary, NYLIFE, Inc. ("NYLIFE"); and NYLIFE's
wholly owned subsidiary, NYLIFE Healthcare Management, Inc.
("Healthcare").
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE,
RESIDENCE:
51 Madison Avenue
New York, NY 10010
ITEM 2(C). CITIZENSHIP:
New York Life is a New York mutual insurance company; NYLIFE
is a New York corporation; and Healthcare is a Delaware
corporation.
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Class A Common Stock, par value $.01 per share
ITEM 2(E). CUSIP NUMBER:
302182 10 0
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), 13D-
2(B), CHECK WHETHER THE PERSON FILING IS A:
(a) ( ) Broker or dealer registered under Section 15 of the
Act,
(b) ( ) Bank as defined in Section 3(a)(6) of the Act,
(c) ( ) Insurance Company as defined under Section 3(a)(19)
of the Act,
(d) ( ) Investment Company registered under Section 8 of
the Investment Company Act,
(e) ( ) Investment Adviser registered under Section 203 of
the Investment Advisers Act of 1940,
(f) ( ) Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or Endowment
Fund; see 13d-1(b)(1)(ii)(F),
(g) ( ) Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G); see Item 7,
(h) ( ) Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
ITEM 4. OWNERSHIP.(1)
If the percent of the class owned, as of December 31 of the
year covered by the statement, or as of the last day of any
month described in Rule 13d-1(b)(2), if applicable, exceeds
five percent, provide the following information as of that
date and identify those shares which there is a right to
acquire.
(a) Amount beneficially owned as of December 31, 1997:
7,510,000
(b) Percent of Class:
44.9%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
7,510,000
(ii) Shared power to vote or to direct the vote:
Not Applicable
(iii) Sole power to dispose or to direct the
disposition of: 7,510,000
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(1) Healthcare is the beneficial owner of 7,510,000
shares (the "Shares") of Class B Common Stock, par value
$.01 per share, of the Issuer ("Class B Common Stock").
Shares of Class B Common Stock are convertible into
shares of Class A Common Stock on a share-for-share basis
at any time at the option of the holder. As a result,
upon conversion to shares of Class A Common Stock, the
shares of Class B Common Stock owned by Healthcare would
represent approximately 44.9% of the outstanding shares
of Class A Common Stock. NYLIFE owns all of the out-
standing capital stock of Healthcare and, as a result,
may be deemed the beneficial owner of the Shares. New
York Life owns all of the outstanding capital stock of
NYLIFE and, as a result, may be deemed the beneficial
owner of the Shares. This statement is being filed pursu-
ant to Rule 13d-1(d), as in effect on February 17, 1998.
(iv) Shared power to dispose or to direct
disposition of: Not Applicable
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is
true, complete and correct.
NEW YORK LIFE INSURANCE COMPANY
By: /s/ Howard I. Atkins
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Name: Howard I. Atkins
Title: Executive Vice President
Dated: February 17, 1998
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is
true, complete and correct.
NYLIFE INC.
By: /s/ George J. Trapp
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Name: George J. Trapp
Title: Vice President
Dated: February 17, 1998
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is
true, complete and correct.
NYLIFE HEALTHCARE MANAGEMENT, INC.
By: /s/ Howard I. Atkins
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Name: Howard I. Atkins
Title: Senior Vice President
Dated: February 17, 1998
