<PAGE>
THE HARTMARX SAVINGS-INVESTMENT PLAN
------------------------------------
FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULES
-----------------------------------------------
DECEMBER 31, 1999 and 1998
--------------------------
<PAGE>
THE HARTMARX SAVINGS-INVESTMENT PLAN
------------------------------------
INDEX TO FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULES
--------------------------------------------------------
<TABLE>
<CAPTION>
Page
----
<S> <C>
Report of Independent Accountants 1
Financial Statements:
Statement of Net Assets Available for Benefits
at December 31, 1999 and 1998 2
Statement of Changes in Net Assets Available
for Benefits for the Year Ended December 31,
1999 3
Notes to Financial Statements 4-10
Supplemental Schedules:
Assets Held for Investment Purposes at
December 31, 1999 (Schedule H, Part IV)
Reportable Transactions - Series of
Security Transactions (Schedule H, Part IV)
</TABLE>
Supplemental schedules not included have been omitted because they are not
applicable.
<PAGE>
REPORT OF INDEPENDENT ACCOUNTANTS
---------------------------------
To the Participants of the Hartmarx Savings-Investment Plan
and the Plan Administration Committee of Hartmarx Corporation
In our opinion, the accompanying statement of net assets available for benefits
and the related statement of changes in net assets available for benefits
present fairly, in all material respects, the net assets available for benefits
of the Hartmarx Savings-Investment Plan (the "Plan") at December 31, 1999 and
1998, and the changes in net assets available for benefits for the year ended
December 31, 1999 in conformity with accounting principles generally accepted in
the United States. These financial statements are the responsibility of the
Plan's management; our responsibility is to express an opinion on these
financial statements based on our audits. We conducted our audits of these
statements in accordance with auditing standards generally accepted in the
United States, which require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements, assessing the
accounting principles used and significant estimates made by management, and
evaluating the overall financial statement presentation. We believe that our
audits provide a reasonable basis for the opinion expressed above.
Our audits were conducted for the purpose of forming an opinion on the basic
financial statements taken as a whole. The supplemental schedules included in
Schedule H, Part IV, are presented for the purpose of additional analysis and
are not a required part of the basic financial statements but are supplementary
information required by the Department of Labor's Rules and Regulations for
Reporting and Disclosure under the Employee Retirement Income Security Act of
1974. These supplemental schedules are the responsibility of the Plan's
management. These supplemental schedules have been subjected to the auditing
procedures applied in the audits of the basic financial statements and, in our
opinion, are fairly stated in all material respects in relation to the basic
financial statements taken as a whole.
PRICEWATERHOUSECOOPERS LLP
Chicago, Illinois
June 22, 2000
<PAGE>
THE HARTMARX SAVINGS-INVESTMENT PLAN
------------------------------------
STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS
----------------------------------------------
DECEMBER 31, 1999 and 1998
--------------------------
<TABLE>
<CAPTION>
1999 1998
----------- -----------
<S> <C> <C>
ASSETS:
Investments (Note 5):
Vanguard mutual funds........................ $52,470,315 $45,560,750
Hartmarx Corporation common stock............ 6,099,247 10,774,598
Vanguard Retirement Savings Trust............ 5,011,659 3,696,606
Unallocated deposit administration
group annuity insurance contract........... - 1,936,946
Loans to participants........................ 1,549,761 1,595,632
----------- -----------
Total Investments.......................... 65,130,982 63,564,532
Due from Hartmarx Corporation:
Employee contributions....................... 345,913 357,405
Employee loan repayments..................... 54,570 56,087
Accrued investment income...................... 162 5,221
----------- -----------
Total Assets............................... 65,531,627 63,983,245
LIABILITIES:
Payable to Hartmarx Corporation................ - 2,476,419
Accrued administrative expenses................ 14,682 -
----------- -----------
Total Liabilities.......................... 14,682 2,476,419
----------- -----------
NET ASSETS AVAILABLE FOR BENEFITS................ $65,516,945 $61,506,826
=========== ===========
</TABLE>
See accompanying notes to financial statements.
2
<PAGE>
THE HARTMARX SAVINGS-INVESTMENT PLAN
------------------------------------
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
---------------------------------------------------------
FOR THE YEAR ENDED DECEMBER 31, 1999
------------------------------------
Income (loss) from:
Mutual funds-
Net investment gain on mutual funds................... $ 8,205,800
-----------
Hartmarx Corporation common stock-
Net loss on distribution of stock
to participants (Note 2)............................ (14,115)
Net loss on sales of stock (Note 2)................... (815,468)
Unrealized depreciation............................... (1,690,618)
-----------
Net decrease in fair value.......................... (2,520,201)
-----------
Other investment income-
Earnings from Vanguard Retirement
Savings Trust....................................... 231,346
Interest income from participant loans................ 136,614
Other interest income................................. 99,695
-----------
Total other investment income.................... 467,655
-----------
Total income............................................. 6,153,254
Participants' contributions.............................. 4,454,520
Administrative expenses.................................. (24,520)
Distributions to participants............................ (6,573,135)
-----------
Net increase in net assets............................... 4,010,119
Net assets available for benefits:
Beginning of year...................................... 61,506,826
-----------
End of year............................................ $65,516,945
===========
See accompanying notes to financial statements.
3
<PAGE>
THE HARTMARX SAVINGS-INVESTMENT PLAN
------------------------------------
NOTES TO FINANCIAL STATEMENTS
-----------------------------
NOTE 1 - Plan Description:
-------------------------
The Hartmarx Savings-Investment Plan (the "Plan") is a defined contribution plan
available to employees of Hartmarx Corporation ("Hartmarx") and certain
subsidiary and affiliated companies (collectively with Hartmarx, the
"Employers") meeting specified requirements as to length of service and age and
who are not included in a collective bargaining unit having a labor agreement
providing retirement benefits. Eligible employees electing to participate in
the Plan automatically participate in the Hartmarx Retirement Income Plan, a
noncontributory defined benefit plan, and in the Hartmarx Employee Stock
Ownership Plan ("ESOP"), a trusteed employee stock ownership plan. The Plan
Administrator is the Plan Administration Committee of Hartmarx. Vanguard
Fiduciary Trust Company, a trust company and wholly owned subsidiary of The
Vanguard Group, Inc., is the custodian of all Plan funds.
Participant Contributions:
-------------------------
Participants may contribute from 1% to 16% (in whole percentages) of their
annual earnings through regular payroll deductions. The first 6% of earnings
contributed are considered "matched" contributions and determine the Employer
contributions as described below. Contributions in excess of 6% of earnings are
considered "voluntary" contributions and are not matched with Employer
contributions. At the election of the participant, participant contributions in
excess of 1% of earnings may be made on a pre-tax basis under Section 401(k) of
the Internal Revenue Code ("Code") (to a statutory limit of $10,000 in 1999), or
on an after-tax basis; the first 1% of participant earnings contributed are on
an after-tax basis. Under certain circumstances provided for by Internal
Revenue Service regulations, participant contributions on both pre-tax and
after-tax bases may be further limited. Refunds of participant contributions
determined to be in excess of these regulatory limits are included in
distributions to participants in the accompanying financial statements.
Participants may change or cease contributions without withdrawing from the Plan
as participants.
Employer Contributions:
----------------------
Since 1989, Employer contributions required by the Plan have been made to the
ESOP in lieu of the Plan. Effective July 1, 1998, the Employer contributions
were 25% of the first 3% of each participant's earnings withheld as matched
contributions and 10% of all other matched participant contributions. Effective
July 1, 1999, the Employer contributions were increased to 25% of all matched
participant contributions. Employer contributions in 1999 aggregated $615,522.
Employer contributions are subject to maximum limits set by the Code and
incorporated in the Plan and the ESOP. Employer payments to the ESOP also
include additional amounts required for interest and principal owed by the ESOP
on a loan payable to Hartmarx. Employer payments to the ESOP for 1999 aggregated
$2,487,951.
4
<PAGE>
Vesting:
-------
Participants are fully vested in their contributions to the Plan and related
earnings at all times. Participants become 33-1/3% vested in Employer
contributions and related earnings after three complete years of service, 66-
2/3% vested after four complete years of service and 100% vested after five
years of service. Active participants also become fully vested in Employer
contributions and related earnings at the earlier of (1) death; (2) reaching age
65; or, (3) upon the occurrence of certain specified events deemed to be a
change in control of Hartmarx. Vesting in ESOP Employer contribution accounts
and related earnings is generally on the same basis as for the Plan.
For participants who terminate employment with an Employer, nonvested Employer
contributions and related earnings are withheld and, if the participant incurs
five consecutive one year breaks in service, forfeited. Forfeitures can be
applied to reduce Employer contributions or they can be applied to pay
administrative costs of the Plan.
At December 31, 1999, the Plan's financial statements include the balance of
nonvested Employer contributions and related earnings of terminated participants
who had not incurred five consecutive one year breaks in service aggregating the
equivalent of 4,868 shares of Hartmarx common stock with a market value of
$19,778 and 27,221 units of the VMMR Prime Portfolio with a market value of
$27,221.
There are no priorities for distribution of assets upon termination of the Plan.
If the Plan were terminated, participants would become fully vested in their
account balances, including participant and Employer contributions and related
earnings, and former participants who had not incurred five consecutive one year
breaks in service would become fully vested in the balances of nonvested
Employer contributions and related earnings.
Participant Loans:
-----------------
Participants may borrow that portion of their account attributable to
participant contributions and related earnings within percentage and dollar
limits and at rates and terms permitted by the Code and specified in the Plan.
Loans are repayable over periods of one to five years (usually through payroll
deduction), with the exception that a loan to purchase a primary residence may
be repaid over a term as long as 15 years. Interest is charged at a rate which
exceeds the prime rate at the inception of the loan which, at December 31, 1999,
is 1% over the prime rate. Interest and principal payments are credited
directly to the borrowing participant's accounts according to the funds selected
for current contributions.
A participant receiving a loan is charged a loan origination fee and an annual
administration fee which is deducted from the participant's account in each year
the loan is outstanding. Loan origination and annual administration fees were
$40 and $20, respectively, in 1999 and 1998.
Administrative Expenses:
-----------------------
Administrative expenses of the Plan are comprised of trustee, recordkeeping,
auditing and loan fees. Administrative expenses not paid by the Plan are
payable by Hartmarx. Administrative fees for 1999 of $24,520 paid by the Plan
represent loan fees, which were deducted from participant accounts, and
recordkeeping and trustee fees paid from forfeitures of nonvested Employer
contributions and related earnings. For 1999,Hartmarx paid $95,171 of direct
Plan administrative fees and an additional $9,820 of fees for the joint
administration of the Plan and the ESOP.
5
<PAGE>
Distributions and Withdrawals:
-----------------------------
Vested account balances are generally distributed upon the participant's
retirement, termination of employment, disability or death. Participants may
also receive vested account balances while remaining employed by an Employer
upon withdrawal from the Plan, but withdrawals for participants under age 59-1/2
are generally limited to vested Employer contributions and after-tax participant
contributions, except that pre-tax participant contributions may also be
distributed in certain circumstances. Distributions and withdrawals are
normally made in cash, except that a participant may elect to receive
distributions and certain withdrawals from the Hartmarx Stock Fund and the ESOP
in the form of shares of Hartmarx common stock.
NOTE 2 - Significant Accounting Policies:
----------------------------------------
The financial statements of the Plan are prepared in accordance with generally
accepted accounting principles and necessarily include certain amounts based on
the Plan Administrator's informed estimates and judgments, giving due
consideration to materiality. Actual results could differ from those estimates,
but the Plan Administrator believes such differences would not materially affect
the Plan's net assets available for benefits or changes therein.
Investments in publicly-traded securities and in mutual funds are carried at
published market values and net asset values, respectively. Investments in the
Vanguard Retirement Savings Trust, a collective investment trust, are carried at
fair value which approximates the contract values of the Trust's investment
contracts. Investments in unallocated group annuity insurance contracts are
carried at estimated fair values. Loans to participants represent the unpaid
principal balance.
Income from investments is recorded as earned. Investment gains (losses) and
unrealized appreciation (depreciation) have been reported in the financial
statements on a current value reporting basis. Accordingly, net gain (loss) on
sales of investments represents the difference between (a) the proceeds realized
from the sales of mutual funds and Hartmarx common stock and (b) the market
value of those investments at the earlier of the beginning of the year or at the
date of acquisition during the year. The net loss on distributions of Hartmarx
common stock to participants represents the difference between the market value
of the stock on the date of distribution and the market value at the beginning
of the year. Unrealized appreciation (depreciation) represents the difference
between (a) the year-end market value of mutual funds and common stock held and
(b) the cost of investments purchased during the year (including Hartmarx stock
purchased with participant contributions to the Hartmarx Stock Fund at 90% of
average trading prices) or the market value at the beginning of the year for
investments held to year-end.
Distributions include unpaid loan balances of withdrawing participants,
proceeds from the liquidation of participant investments and the market value of
Hartmarx common stock distributed.
6
<PAGE>
NOTE 3 - Investment Programs:
----------------------------
The following investment options were available:
Vanguard mutual funds (registered investment companies):
Fixed Income Securities Fund (VFISF) GNMA Portfolio, an income fund
which invests in Government National Mortgage Association
certificates.
Money Market Reserves (VMMR) Prime Portfolio, a money market mutual
fund investing in short-term, high-quality money market instruments
issued by financial institutions, non-financial corporations, the
U.S. government and federal agencies.
Index Trust - 500 (Index 500) Portfolio, a growth and income fund which
invests in all of the stocks included in the Standard & Poor's 500
index.
STAR Fund - STAR Portfolio, a balanced fund which invests 60%-70% of
its assets in six Vanguard equity funds, with the remaining assets
invested in four Vanguard fixed-income portfolios.
PRIMECAP Fund, a growth fund which invests primarily in common stocks
with high growth potential.
International Growth Portfolio, a growth fund which invests primarily
in stocks of companies based outside of the United States.
Small-Cap Index Fund, a growth and income fund which invests in a large
sample of stocks in the Russell 2000 Index, an unmanaged index of
smaller companies.
Hartmarx GIC Fund, an investment contract fund which is invested in the Vanguard
Retirement Savings Trust, which primarily holds contracts issued by insurance
companies and banks, and in a restructured investment contract with an
insurance company. Upon the maturity of the restructured contract in 1999,
the Fund's investments were composed entirely of the Vanguard Retirement
Saving Trust, which replaced this fund.
Vanguard Retirement Savings Trust, a collective investment trust invested
primarily in investment contracts issued by insurance companies and
commercial banks and similar types of fixed-principal investments.
Hartmarx Stock Fund, which invests primarily in Hartmarx common stock.
Participant contributions and earnings thereon are credited to participant
accounts based on shares of Hartmarx common stock at 90% of the average
trading prices as reported in the New York Stock Exchange-Composite
Transaction quotations on the date the shares are purchased or deemed to be
purchased by the Plan;
7
<PAGE>
participant loan repayments and transfers to the Fund are credited to
participant accounts at the closing market price. Effective during the
first quarter of 1999, the Plan's purchases of Hartmarx common stock for
all transactions other than participant contributions are being made in the
open market. Previously, while the Plan had the option to purchase Hartmarx
common stock either directly from Hartmarx or in the open market, the
majority of shares acquired were purchased from Hartmarx Corporation.
Shares acquired with participant contributions are purchased from Hartmarx
at 90% of the average trading prices credited to participant accounts for
contributions. Shares acquired in 1999 with funds from loan repayments and
transfers to the Hartmarx Stock Fund were purchased in the open market and
from Hartmarx at market prices. Employer contributions to the Plan prior to
1989 are restricted to the Hartmarx Stock Fund.
The Vanguard mutual funds and Vanguard Retirement Savings Trust are managed by
an affiliate of Vanguard Fiduciary Trust Company.
A participant may select more than one investment option. Participants may
change investment options and transfer previously contributed balances as often
as once a month. Participants are assigned units in each investment program
fund.
Investment in each fund option is at the participants' direction, except that
Employer contributions prior to 1989 and related earnings aggregating $322,487
and $511,062 at December 31, 1999 and 1998, respectively, are restricted to the
Hartmarx Stock Fund.
With the exception of the Vanguard Retirement Savings Trust/Hartmarx GIC Fund
and the Loan Fund, the market value of the investments of each Fund (Hartmarx
stock or mutual funds) are published for each business day, and changes in the
market value produce similar changes in the unit values of each Fund. A summary
of units and unit values for the Hartmarx Stock Fund, the Vanguard Retirement
Savings Trust/Hartmarx GIC Fund is as follows:
December 31, 1999 December 31, 1998
--------------------- -------------------
Units Unit Value Units Unit Value
--------- ---------- --------- ----------
Hartmarx Stock Fund 1,170,535 $ 5.42 1,427,757 $ 7.70
Vanguard Retirement Savings
Trust/Hartmarx GIC Fund 5,011,659 $ 1.00 5,633,552 $ 1.00
Unit values are based primarily on investment assets of each fund, net of
liabilities due Hartmarx, but do not include employee contributions and loan
repayments receivable and expenses payable.
NOTE 4 - Taxes:
--------------
The Plan is intended to be a qualified employee benefit plan under Section
401(a) of the Internal Revenue Code, exempt from federal income tax, with
participants not being subject to tax on Employer contributions or earnings of
the Trust prior to receiving benefits under the Plan. On April 5, 1996, the
Internal Revenue Service issued a favorable determination letter with respect to
the qualified status of the Plan in connection with amendments which became
effective January 1, 1989. The Plan Administrator believes that the Plan is
designed and is being operated in compliance with the applicable requirements of
the Internal Revenue Code. Accordingly, the Plan Administrator believes a
provision for federal income taxes in the accompanying financial statements is
not required.
8
<PAGE>
NOTE 5 - Investment Information:
-------------------------------
The following summarizes the Plan's investments at December 31, 1999 and 1998:
1999
--------------------------
Stock shares,
Fund/Trust Fair
units value
------------- -----------
At quoted market value or net asset value:
Vanguard Mutual Funds:
VFISF-GNMA Portfolio............................. 592,824 $ 5,845,248
VMMR Prime Portfolio............................. 5,730,354 5,730,354
Index 500 Portfolio.............................. 123,318 16,688,631
STAR Fund Portfolio.............................. 420,601 7,659,151
PRIMECAP Fund.................................... 226,940 14,086,196
International Growth Portfolio................... 93,074 2,093,235
Small-Cap Index Fund............................. 15,572 367,500
-----------
Total Vanguard Mutual Funds................... 52,470,315
Hartmarx Corporation Common Stock.................. 1,501,353 6,099,247
-----------
58,569,562
-----------
At estimated fair value:
Vanguard Retirement Savings Trust.................. 5,011,659 5,011,659
Loans to participants.............................. 1,549,761
-----------
6,561,420
-----------
Total investments............................. $65,130,982
===========
1998
--------------------------
Stock shares,
Fund/Trust Fair
units or cost value
------------- -----------
At quoted market value or net asset value:
Vanguard Mutual Funds:
VFISF-GNMA Portfolio............................. 706,865 $ 7,386,740
VMMR Prime Portfolio............................. 7,253,932 7,253,932
Index 500 Portfolio.............................. 114,066 12,997,854
STAR Fund Portfolio.............................. 430,554 7,732,750
PRIMECAP Fund.................................... 177,685 8,468,486
International Growth Portfolio................... 91,686 1,720,940
Small-Cap Index Fund............................. 2 48
-----------
Total Vanguard Mutual Funds................... 45,560,750
Hartmarx Corporation Common Stock.................. 1,915,484 10,774,598
-----------
56,335,348
-----------
At estimated fair value:
Vanguard Retirement Savings Trust.................. 3,696,606 3,696,606
Unallocated group annuity insurance contract:......
MBL Life Assurance Corp.......................... $1,936,946 1,936,946
Loans to participants.............................. 1,595,632
-----------
7,229,184
-----------
Total investments............................. $63,564,532
===========
9
<PAGE>
The Vanguard Retirement Savings Trust's average yield during 1999 and 1998 was
5.93% and 6.15%, respectively, and the yield as of December 31, 1999 and 1998
was 5.87% and 5.93%, respectively. The yield of the Vanguard Retirement Savings
Trust is subject to adjustment daily based on interest credited and earnings on
the Trust's investment contracts.
The MBL Life Assurance Corporation group annuity insurance contract at December
31, 1998 was a restructured investment contract received during 1994 under a
rehabilitation plan, replacing an earlier contract with The Mutual Benefit Life
Insurance Company. The restructured investment contract matured on July 1, 1999
and all participant account balances in the Hartmarx GIC Fund were transferred
into the Vanguard Retirement Savings Trust.
The restructured contract's yield during both 1999 and 1998 was 5.1%. The
restructured investment contract, reported in the Plan's financial statements
was at estimated fair value, representing the contract value at December 31,
1998 less a valuation reserve of $42,758.
Note 6 - Risks and Uncertainties:
---------------------------------
The Plan provides for various investment options in shares of registered
investment entities which invest in any combination of stocks, bonds, fixed
income securities and other investment securities. Investment securities are
exposed to various risks, such as interest rate, market and credit risks. Due to
the level of risk associated with certain investment securities and the level of
uncertainty related to changes in the value of investment securities, it is at
least reasonably possible that changes in risks in the near term would
materially affect participants' account balances and the amounts reported in the
statements of net assets available for benefits and the statement of changes in
net assets available for benefits.
10
<PAGE>
CONSENT OF INDEPENDENT ACCOUNTANTS
----------------------------------
We hereby consent to the incorporation by reference in this Registration
Statement on Form S-8 (No. 333-03169) of Hartmarx Corporation of our report
dated June 22, 2000 relating to the financial statements of the Hartmarx
Savings-Investment Plan appearing on page 1 of Exhibit 99 to the 1999 Annual
Report on Form 10-K of Hartmarx Corporation, filed with this Form 10K-A.
PRICEWATERHOUSECOOPERS LLP
Chicago, Illinois
June 23, 2000
<PAGE>
Schedule H, Part IV
-------------------
(Page 1 of 2)
THE HARTMARX SAVINGS-INVESTMENT PLAN
EIN: 36-3217140 Plan No.: 002
PART IV - ITEM 4i
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES
AT DECEMBER 31, 1999
--------------------
Identity of Party,
Description of Maturity Interest Historical Current
Investment Date Rate Cost Value
------------------ -------- --------- ----------- -----------
Line 1c(8)
----------
* Loans to Participants Various 7%-11.5% $ -0- $ 1,549,761
=========== ===========
Line 1c(9)
----------
* Vanguard Retirement Savings
Trust (5,011,659 units) $ 5,011,659 $ 5,011,659
=========== ===========
Line 1c(13)
-----------
* VMMR - Prime Portfolio
(5,730,354 shares) $ 5,730,354 $ 5,730,354
* VFISF-GNMA Portfolio
(592,824 shares) 6,073,495 5,845,248
* Index 500 Portfolio
(123,318 shares) 9,920,884 16,688,631
* STAR Fund Portfolio
(420,601 shares) 6,833,343 7,659,151
* PRIMECAP Fund
(226,940 shares) 9,330,248 14,086,196
* International Growth
Portfolio
(93,074 shares) 1,621,475 2,093,235
* Small-Cap Index Fund
(15,572 shares) 341,885 367,500
----------- -----------
$39,851,684 $52,470,315
=========== ===========
* Party-in-interest to the Plan.
<PAGE>
Schedule H, Part IV
-------------------
(Page 2 of 2)
THE HARTMARX SAVINGS-INVESTMENT PLAN
EIN: 36-3217140 Plan No.: 002
PART IV - ITEM 4i
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES
AT DECEMBER 31, 1999
--------------------
Identity of Party,
Description of Maturity Interest Par Historical Current
Investment Date Rate Value Cost Value
------------------ --------- -------- ----- ---- -------
Line 1d(1)
----------
*Hartmarx Corporation
Common stock
(1,501,353 shares) $ 2.50 $8,717,209 $6,099,247
========== ==========
* - Party-in-interest to the Plan.
<PAGE>
Schedule H, Part IV
-------------------
(Page 1 of 1)
THE HARTMARX SAVINGS-INVESTMENT PLAN
EIN: 36-3217140 Plan No.: 002
PART IV - ITEM 4j - SCHEDULE OF REPORTABLE TRANSACTIONS
SERIES OF SECURITY TRANSACTIONS EXCEEDING 5% OF PLAN ASSETS
1/1/99 THROUGH 12/31/99
<TABLE>
<CAPTION>
Current
Value of
Historical Asset On
Identity of Party/ Purchase Selling Cost of Transaction Net Gain
Description of Asset Price Price Asset Date or (Loss)
-------------------- ---------- ---------- ---------- ---------- -----------
<S> <C> <C> <C> <C> <C>
Hartmarx Corporation
Common stock $2,098,479 $ - $2,098,479 $2,163,796 $ 65,317
Common stock - 4,136,770 5,437,048 4,136,770 (1,300,278)
Vanguard Retirement
Savings Trust
Trust units 5,516,883 - 5,516,883 5,516,883 -
Trust units - 505,224 505,224 505,224 -
VMMR Prime Portfolio
Mutual fund shares 4,051,403 - 4,051,403 4,051,403 -
Mutual fund shares - 3,131,076 3,131,076 3,131,076 -
Vanguard GNMA Portfolio
Mutual fund shares 2,105,880 - 2,105,880 2,105,880 -
Mutual fund shares - 3,254,831 3,301,868 3,254,831 (47,037)
Vanguard Index Trust
500 Portfolio
Mutual fund shares 4,675,682 - 4,675,682 4,675,682 -
Mutual fund shares - 3,620,170 2,704,482 3,620,170 915,688
Vanguard STAR Fund
STAR Portfolio
Mutual fund shares 2,084,876 - 2,084,876 2,084,876 -
Mutual fund shares - 2,273,724 2,071,027 2,273,724 202,697
Vanguard PRIMECAP Fund
Mutual fund shares 5,581,805 - 5,581,805 5,581,805 -
Mutual fund shares - 2,891,816 2,238,163 2,891,816 653,653
</TABLE>
