SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. 17 )*
Longs Drug Stores Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
543162101
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ].
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*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
CUSIP No. 543162101 13G Page 2 of 5 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON(S)
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S)
Plans Policy Committee of
Longs Drugs California Inc.
Employee Profit Sharing plan # 94-1059121
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Not Applicable
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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NUMBER OF 5. SOLE VOTING POWER -0-
SHARES
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER -0-
EACH
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER -0-
WITH
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8. SHARED DISPOSITIVE POWER 7,524,387
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
19.48%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
13G Page 3 of 5 Pages
Item 1. (a) Name of Issuer:
Longs Drug Stores Corporation
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(b) Address of Issuer's Principal Executive Offices:
P.O. Box 5222
Walnut Creek, CA 94596
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Item 2. (a) Name of Person Filing:
Plans Policy Committee of
Longs Drugs California Inc.
Employee Profit Sharing plan
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(b) Address of Principal Business Office, or if None, Residence:
P.O. Box 5222
Walnut Creek, CA 94596
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(c) Citizenship:
U.S.A.
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(d) Title of Class of Securities:
Common Stock
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(e) CUSIP Number:
543162101
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Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
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 in 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) [x] Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund; see Section
240.13d-1(b)(ii)(F); see Item 7,
(g) [ ] Parent Holding Company, in accordance with Section
240.13d-1(b)(1)(ii)(G); see Item 7,
(h) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(H).
<PAGE>
13-G Page 4 of 5 Pages
Item 4. Ownership.
If more than five percent of the class is owned, indicate:
(a) Amount beneficially owned: 7,524,387
-------------------------------------,
(b) Percent of class: 19.48%
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(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
7,524.387
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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
<PAGE>
The filing of this schedule shall not be construed as an admission that the
reporting person is the beneficial owner of the following securities: 7,524,387
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 2, 1998
Ronald ????
Signature ___________________________________________
Chairman, Plans Policy Committee
Longs Drug Stores California, Inc.
Employee Profit Sharing Plan
