<PAGE> 1
------------------------------------
OMB APPROVAL
------------------------------------
------------------------------------
OMB NUMBER: 3235-0145
Expires: December 31, 1997
Estimated average burden
hours per response...........14.90
------------------------------------
UNITED STATES
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. 2 )*
---------
MEMTEC LIMITED
- -------------------------------------------------------------------------------
(Name of Issuer)
Interest or Certificate American Depository Shares, each representing 10
ordinary shares
- -------------------------------------------------------------------------------
(Title of Class of Securities)
586265308
----------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A fee
is no required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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 1 of 21 pages
<PAGE> 2
CUSIP No. 586265308 13G Page 2 of 21 Pages
------------------ ----- ------
<TABLE>
<S> <C>
- -------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
B.A.T Industries p.l.c.
- -------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
England
- -------------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF
SHARES --------------------------------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 575,500
REPORTING
PERSON --------------------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
575,500
- -------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
575,500
- -------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
N.A.
- -------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.60%
- -------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 21 pages
<PAGE> 3
CUSIP No. 586265308 13G Page 3 of 21 Pages
------------------ ----- ------
<TABLE>
<S> <C>
- -------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Farmers Group, Inc.
- -------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
- -------------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
---------------------------------------------------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 575,500
OWNED BY
EACH ---------------------------------------------------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
---------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
575,500
- -------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
575,500
- -------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
N.A.
- -------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.60%
- -------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IC
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 21 pages
<PAGE> 4
Item 4 of the Statement on Schedule 13G, dated February 6,
1996, filed by B.A.T Industries p.l.c. and Farmers Group, Inc., is hereby
amended and restated to read in its entirety as follows:
<TABLE>
<S> <C>
Item 4 Ownership
- ------ ---------
(a) Amount Beneficially Owned:
575,500
(b) Percent of Class:
5.60%
(c) Number of shares as to which person has:
(i) Sole voting power: -0-
(ii) Shared voting power: 575,500
(iii) Sole disposition power: -0-
(iv) Shared disposition power: 575,500
</TABLE>
Page 4 of 21 pages
<PAGE> 5
SIGNATURES
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.
B.A.T INDUSTRIES p.l.c.
Dated February 5, 1997 By: /s/ Anthony Robert Holliman
-----------------------------
Name: Anthony Robert Holliman
Title: Assistant Corporate Secretary
Page 5 of 21 pages
<PAGE> 6
SIGNATURES
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.
FARMERS GROUP, INC.
Dated February 5, 1997 By: /s/ Alan Porter
-----------------
Name: Alan Porter
Title: Corporate Secretary
Page 6 of 21 pages
<PAGE> 7
Exhibit Index
<TABLE>
<CAPTION>
Exhibit Description Page Number
- ------- ------------- -----------
<S> <C> <C>
I Amendment No. 1, dated February 6, 1996 to
Schedule 13G, dated February 9, 1995 8
II Schedule 13G, dated February 9, 1995 14
</TABLE>
Page 7 of 21 pages
<PAGE> 1
------------------------------------
OMB APPROVAL
------------------------------------
OMB NUMBER: 3235-0145
Expires: December 31, 1997
Estimated average burden
hours per response...........14.90
------------------------------------
Exhibit I to Amendment No. 2
UNITED STATES
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. 1 )*
-------
MEMTEC LIMITED
- -------------------------------------------------------------------------------
(Name of Issuer)
Interest or Certificate American Depository Shares, each representing 10
ordinary shares
- -------------------------------------------------------------------------------
(Title of Class of Securities)
586265308
--------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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 8 of 21 pages
<PAGE> 2
CUSIP No. 586265308 13G Page 2 of 6 Pages
---------------- ----- -----
<TABLE>
<S> <C>
- -------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
B.A.T Industries p.l.c.
- -------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
England
- -------------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF
SHARES --------------------------------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 966,900
REPORTING
PERSON --------------------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
966,900
- -------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
966,900
- -------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
N.A.
- -------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.83%
- -------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 9 of 21 pages
<PAGE> 3
CUSIP No. 586265308 13G Page 3 of 6 Pages
------------------ ----- -----
<TABLE>
<S> <C>
- -------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Farmers Group, Inc.
- -------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
- -------------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF
SHARES ---------------------------------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 966,900
REPORTING
PERSON ---------------------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
-0-
---------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
966,900
- -------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
966,900
- -------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
N.A.
- -------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.83%
- -------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IC
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 10 of 21 pages
<PAGE> 4
Item 4 of the Statement on Schedule 13G, dated February 9,
1995, filed by B.A.T Industries p.l.c. and Farmers Group, Inc., is hereby
amended and restated to read in its entirety as follows:
<TABLE>
<CAPTION>
Item 4 Ownership
- ------ ---------
<S> <C>
(a) Amount Beneficially Owned:
966,900
(b) Percent of Class:
9.83%
(c) Number of shares as to which person has:
(i) Sole voting power: -0-
(ii) Shared voting power: 966,900
(iii) Sole disposition power: -0-
(iv) Shared disposition power: 966,900
</TABLE>
Page 11 of 21 pages
<PAGE> 5
SIGNATURES
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.
B.A.T Industries p.l.c.
Dated February 6, 1996 By: /s/ Anthony Robert Holliman
-----------------------------
Name: Anthony Robert Holliman
Title: Assistant Corporate Secretary
Page 12 of 21 pages
<PAGE> 6
SIGNATURES
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.
FARMERS GROUP, INC.
Dated February 6, 1996 By: /s/ Maryann Seltzer
---------------------
Name: Maryann Seltzer
Title: Corporate Secretary
Page 13 of 21 pages
<PAGE> 1
------------------------------------
OMB APPROVAL
------------------------------------
OMB NUMBER: 3235-0145
Expires: October 31, 1994
Estimated average burden
hours per response...........14.90
------------------------------------
Exhibit II to Amendment No. 2
UNITED STATES
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. )*
-------
MEMTEC LIMITED
- -------------------------------------------------------------------------------
(Name of Issuer)
Interest or Certificate American Depository Shares, each representing 10
ordinary shares
- -------------------------------------------------------------------------------
(Title of Class of Securities)
586265308
----------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [X]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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 14 of 21 pages
<PAGE> 2
CUSIP No. 586265308 13G Page 2 of 8 Pages
------------------- ----- -----
<TABLE>
<S> <C>
- -------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
B.A.T Industries p.l.c.
- -------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
England
- -------------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF -0-
SHARES
BENEFICIALLY --------------------------------------------------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 776,900
PERSON
WITH --------------------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
--------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
776,900
- -------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
776,900
- -------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
N.A.
- -------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.90%
- -------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 15 of 21 pages
<PAGE> 3
CUSIP No. 586265308 13G Page 3 of 8 Pages
---------------- ----- -----
<TABLE>
<S> <C>
- -------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Farmers Group, Inc.
- -------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
- -------------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF
SHARES ---------------------------------------------------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 776,900
REPORTING
PERSON ---------------------------------------------------------------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
-0-
---------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
776,900
- -------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
776,900
- -------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
N.A.
- -------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.90%
- -------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IC
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 16 of 21 pages
<PAGE> 4
<TABLE>
<S> <C>
Item 1(a). Name of Issuer:
- ----------
MEMTEC LIMITED
Item 1(b). Address of Issuer's Principal Executive Office:
- ----------
9690 Deereco Road
Suite 700
Timonium, MD 21093
Item 2(a). Name of Person Filing:
- ----------
B.A.T Industries p.l.c., an English corporation ("B.A.T"),
and Farmers Group, Inc. ("Farmers"), a Nevada corporation;
Farmers is the beneficial owner of the Issuer's securities
identified in Item 2(d) below through various subsidiaries
of Farmers, by insurance exchanges for which Farmers acts
as attorney-in-fact or by benefit plans for employees of
Farmers and its subsidiaries for which Farmers has
investment discretion. No such entity beneficially owns in
excess of 5% of the class of shares in respect of which
this report is being made; and B.A.T may be deemed to be
the indirect beneficial owner of such securities by
indirectly owning 100% of the issued and outstanding shares
of Farmers through B.A.T's wholly-owned subsidiary, South
Western Nominees Limited. The filing of this statement by
B.A.T shall not be construed as an admission that B.A.T is,
for the purposes of Section 13(d) or 13(g) of the Act or
under the laws or regulations of the United Kingdom, the
beneficial owner of any securities covered by this
statement.
Item 2(b) Address of Principal Business Office or, if none, Residence:
- ---------
B.A.T Industries p.l.c.
Windsor House
50 Victoria Street
London SW1H ONL
England
Farmers Group, Inc.
4680 Wilshire Boulevard
Los Angeles, California 90010
USA
</TABLE>
Page 17 of 21 pages
<PAGE> 5
<TABLE>
<S> <C>
Item 2(c). Citizenship:
- ----------
B.A.T Industries p.l.c. - England
Farmers Group, Inc. - Nevada
Item 2(d). Title of Class of Securities:
- ----------
Interest or Certif., American Depositary Shares, each
representing 10 ordinary shares
Item 2(e). CUSIP Number: 586265308
- ----------
Item 3. This statement is filed pursuant to Rule 13d-1(b) by B.A.T,
- ------- a Parent Holding Company, in accordance with
ss.240.13d-1(b)(ii)(G), and by Farmers Group, Inc., an Insurance
Company incorporated under the laws of Nevada.
Item 4. Ownership:
- -------
(a) Amount Beneficially Owned:
776,900
The shares being reported were acquired by various
subsidiaries of Farmers Group Inc. by insurance exchanges
for which Farmers Group Inc. acts as attorney-in-fact or by
benefit plans for employees of Farmers Group Inc. and its
subsidiaries for which Farmers Group Inc. has investment
discretion. No such entity beneficially owns in excess of
5% of the class of shares in respect of which this report
is being made.
(b) Percent of Class:
9.90%
(c) Number of shares as to which person has:
(i) sole voting power: - 0 -
(ii) shared voting power: 776,900
(iii) sole disposition power: - 0 -
(iv) shared disposition power: 776,900
</TABLE>
Page 18 of 21 pages
<PAGE> 6
<TABLE>
<S> <C>
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 the Group:
- -------
Not Applicable.
Item 10. Certification:
- -------
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above were
acquired in the ordinary course of business and were not
acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a
participant in any transaction having such purposes or
effect.
</TABLE>
Page 19 of 21 pages
<PAGE> 7
SIGNATURES
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.
B.A.T INDUSTRIES p.l.c.
Dated February 9, 1995 By: /s/ Anthony Robert Holliman
-----------------------------
Name: Anthony Robert Holliman
Title: Assistant Corporate Secretary
Page 20 of 21 pages
<PAGE> 8
SIGNATURES
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.
FARMERS GROUP, Inc.
Dated February 9, 1995 By: /s/ Maryann Seltzer
---------------------
Name: Maryann Seltzer
Title: Corporate Secretary
Page 21 of 21 pages
