SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 16)
--
Name of Issuer: LONGS DRUG STORES CORPORATION
Title of Class of Securities: Common Stock
CUSIP Number: 543162 10 1
-----------
Check the following box if a fee is being paid with this statement [___]
1. Name of Reporting Person, S.S. or I.R.S. Identification No. of Above
Person:
Plans Policy Committee of
Longs Drug Stores California, Inc.
Employee Profit Sharing Plan #94-1059121
2. Check the appropriate box if a Member of a Group (See Instructions).
Not Applicable.
a. ___________________
b. ___________________
3. SEC Use Only ____________________________________________
4. Citizenship or Place of Organization: U.S.A.
Number of Shares Beneficially Owned by Each Reporting Person With:
5. Sole Voting Power: - 0 -
6. Shared Voting Power: - 0 -
7. Sole Dispositive Power: - 0 -
8. Shared Dispositive Power: 3,777,152
9. Aggregate Amount Beneficially Owned by Each Reporting Person:
10. Check if the Aggregate Amount in Row 9 Excludes Certain Shares (See
Instructions) _______________________________________.
11. Percent of Class Represented by Amount in Row 9: 19.39%
12. Type of Reporting Person (See Instructions): IN
<PAGE>
SCHEDULE 13G
Item 1(a) Name of Issuer: Longs Drug Stores Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
P.O. Box 5222
Walnut Creek, California 94596
Item 2(a) Name of Person Filing: Plans Policy Committee of
Longs Drug Stores California, Inc.
Employee Profit Sharing Plan #94-1059121
Item 2(b) Address of Principal Business Office:
P. O. Box 5222
Walnut Creek, California 94596
Item 2(c) Citizenship: U.S.A.
Item 2(d) Title of Class of Securities: Common Stock
Item 2(e) CUSIP Number: 543162 10 1
Item 3 Employee Benefit Plan
Item 4 Ownership.
(a) Amount Beneficially Owned: 3,777,152
(b) Percent of Class: 19.39%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: - 0 -
(ii) shared power to vote or to direct the vote: - 0 -
(iii) sole power to dispose or to direct the disposition of:
- 0 -
(iv) shared power to dispose or to direct the disposition of:
3,777,152
Item 5 Not Applicable.
Item 6 Not Applicable.
Item 7 Not Applicable.
Item 8 Not Applicable.
Item 9 Not Applicable.
Item 10 Not Applicable.
The filing of this schedule shall not be construed as an admission
that the reporting person is the beneficial owner of the following
securities:
3,777,152 shares held by the Plan for Plan participants.
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.
Dated: February 14, 1997
--------------
Signature: /s/W.G. COMBS
-----------------
Chairman, Plans Policy Committee
Longs Drug Stores California, Inc.
Employee Profit Sharing Plan
