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THIS PAPER DOCUMENT IS BEING SUBMITTED PURSUANT TO RULE 901(D) OF REGULATION S-T
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 3)*
The Growth Fund of Spain, Inc.
- -------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.01 per share
- -------------------------------------------------------------------------------
(Title of Class of Securities)
399877109
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(CUSIP Number)
John C. Reynolds
Cargill Financial Markets PLC
Knowle Hill Park, Fairmile Lane, Cobham
Surrey KT11 2PD
United Kingdom
44-193-286-1000
- -------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
June 24, 1998
- -------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
* 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
disclosures provided in a prior cover page.
The information required on 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).
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SCHEDULE 13D
CUSIP No. 399877109 Page 2 of 21 Pages
- ------------------- --------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Cargill Financial Markets PLC
Knowle Hill Park, Fairmile Lane, Cobham
Surrey KT11 2PD, United Kingdom
I.R.S. I.D. No.: None
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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 SOURCE OF FUNDS*
WC (See Item 3 of attached Schedule 13D Statement)
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- ---------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
- ---------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
- ---------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 1,203,600
- ---------------------------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING
- ---------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 1,203,600
- ---------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
1,203,600
- ---------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES CERTAIN SHARES* [ ]
- ---------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.28%
- ---------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
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2 of 21
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SCHEDULE 13D
CUSIP No. 399877109 Page 3 of 21 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Cargill Holdings
Knowle Hill Park, Fairmile Lane, Cobham
Surrey KT11 2PD, United Kingdom
98-0157383
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ]
- ---------------------------------------------------------------------
3 SEC USE ONLY
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4 SOURCE OF FUNDS*
AF (See Item 3 of attached Schedule 13D Statement)
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- ---------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
- ---------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
- ---------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED
1,203,600
- ---------------------------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING
- ---------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
1,203,600
- ---------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,203,600
- ---------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.28%
- ---------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
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SCHEDULE 13D
CUSIP No. 399877109 Page 4 of 21 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Cargill Financial Services Corporation
6000 Clearwater Drive
Minnetonka, MN 55343-9497
41-1492786
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ]
- ---------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF (See Item 3 of attached Schedule 13D Statement)
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- ---------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ---------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
- ---------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED
1,203,600
- ---------------------------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING
- ---------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
1,203,600
- ---------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,203,600
- ---------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.28%
- ---------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
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4 of 21
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SCHEDULE 13D
CUSIP No. 399877109 Page 5 of 21 Pages
- --------------------------- -------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Cargill, Incorporated
15407 McGinty Road West
Wayzata, MN 55391-2399
41-0177680
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ]
- ---------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF (See Item 3 of attached Schedule 13D Statement)
- ---------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- ---------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ---------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
- ---------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED
1,203,600
- ---------------------------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING
- ---------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
1,203,600
- ---------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,203,600
- ---------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.28%
- ---------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- ---------------------------------------------------------------------
5 of 21
<PAGE>
SCHEDULE 13D STATEMENT
AMENDMENT #3
Item 1. Security and Issuer
This statement on Schedule 13D (the "Statement") relates to the shares of
common stock (the "Shares") of The Growth Fund of Spain, Inc. ("the Issuer").
The Issuer is a Maryland corporation and has its principal executive offices
located at 120 South LaSalle Street, Chicago, IL 60603.
Item 2. Identity and Background
(a) This statement is being filed by the following persons:
(i) Cargill Financial Markets PLC, a public limited company, formed
and organized under the laws of England and Wales ("CFM PLC"), is
a wholly-owned subsidiary of Cargill Holdings; and
(ii) Cargill Holdings, an unlimited company formed and organized under
the laws of England and Wales ("Cargill Holdings"), is directly
and indirectly wholly-owned by Cargill, Incorporated; and
(iii) Cargill Financial Services Corporation, a Delaware corporation
("CFSC"), which is a wholly-owned subsidiary of Cargill,
Incorporated; and
(iv) Cargill, Incorporated, a Delaware corporation.
Each of the persons listed in (i) to (iv) above is hereinafter referred to
individually as a "Reporting Person" and collectively as the "Reporting
Persons." The Reporting Persons collectively may be deemed to be a group
beneficially owning, in the aggregate, 1,203,600 Shares or approximately 7.28%
of the outstanding Shares within the meaning of Section 13(d)(3) of the
Securities Exchange Act of 1934, as amended (the "Act").
Neither the filing of this Statement nor any of its contents shall be
construed as an admission that the directors or executive officers of the
Reporting Persons are beneficial owners of any of the Shares, either for
purposes of Section 13(d) of the Act or for any other purpose, and such
beneficial ownership is expressly disclaimed.
(b), (c), (f) The address of CFM PLC and Cargill Holdings is Knowle Hill
Park, Fairmile Lane, Cobham, Surrey KT11 2PD, United Kingdom. The principal
business of CFM PLC is financial trading and investment activities. The
principal business of Cargill Holdings is acting as a holding company for CFM
PLC and a significant part of Cargill, Incorporated's other business interests
in the United Kingdom.
The address of CFSC is 6000 Clearwater Drive, Minnetonka, MN 55343-9497.
The principal business of CFSC is financial trading and investment activities,
conducted on a proprietary basis. The address of Cargill, Incorporated is 15407
McGinty Road West, Wayzata, MN 55391-2399. The principal business of Cargill,
Incorporated is the
6 of 21
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international marketing and processing of agricultural, industrial and financial
commodities.
The name, address, citizenship and present principal occupation or
employment, and the name, address and principal business of any corporation or
other organization in which such employment is conducted, of each of the
executive officers and directors of the Reporting Persons are set forth on
Exhibit A attached hereto and incorporated herein by reference.
(d) During the last five years, none of the Reporting Persons, and to the
best of the Reporting Persons knowledge, none of the persons named on Exhibit A,
has been convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors).
(e) During the last five years, none of the Reporting Persons, and to the
best of the Reporting Persons' knowledge, none of the persons named on Exhibit
A, has been a party to a civil proceeding of a judicial or administrative body
of competent jurisdiction which resulted in, and was and is not subject to, a
judgment, decree or final order against it enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state securities laws
or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
The transaction giving rise to the filing of Amendment #3 to Schedule 13D
was the purchase of 138,500.00 Shares by the Reporting Persons in open market
transactions on June 19, 1998, increasing the Reporting Persons Share ownership
over 5%.
Item 4. Purpose of Transaction
The Shares purchased by the Reporting Persons were acquired for the purpose
of investment.
The Reporting Persons from time to time evaluate their investments and,
based on such evaluation, may determine to acquire or dispose of Shares. The
Reporting Persons do not have any present plans that relate to or would result
in any of the transactions described in subparagraphs (a) through (j) of Item 4
of Schedule 13D. The amount and timing of any additional purchases or sales of
Shares will depend upon a variety of factors, including, without limitation,
current and anticipated future trading prices for the Shares, the financial
condition and prospects of the Fund and general economic, financial market and
industry conditions.
7 of 21
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Item 5. Interest in Securities of the Issuer
(a) As of the date hereof, the Reporting Persons beneficially owned
1,203,600 Shares, constituting approximately 7.28% of the outstanding Shares
based upon information provided by Bloomberg. To the best of the Reporting
Persons knowledge, except as set forth herein, none of the persons listed on
Exhibit A hereto owns beneficially any Shares.
(b) CFM PLC presently has the power, and Cargill Holdings, CFSC and
Cargill, Incorporated may be deemed to share the power, to vote and dispose of
1,203,600 Shares.
(c) Exhibit B hereto contains information as to all transactions in the
Shares effected during the past 60 days by the Reporting Persons. All of the
purchases reflected on Exhibit B were made for cash in open market transactions.
Except as set forth on Exhibit B, within the past 60 days, the Reporting Persons
did not effect any transactions in the Shares. To the best of the Reporting
Persons' knowledge, except as set forth herein, none of the persons listed on
Exhibit A hereto has purchased or sold any Shares during the past 60 days.
(d) No person other than CFM PLC has the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of,
securities covered by this Statement.
(e) Not applicable.
Item 6. Contracts, Arrangements, Undertakings or Relationships with Respect
to Securities of the Issuer
Except as set forth above, none of the Reporting Persons and (to the best
of the Reporting Persons' knowledge) none of the persons named in Exhibit A
hereto, has any contracts, arrangements, understandings or relationships (legal
or otherwise) with any persons with respect to any securities of the Issuer,
including but not limited to any contracts, arrangements, understandings or
relationships concerning the transfer or voting of such securities, finder's
fees, joint ventures, loan or option arrangements, puts or calls, guarantees of
profits, division of profits or losses, or the giving or withholding of proxies.
Item 7. Material to be Filed as Exhibits
Exhibit A: List of Executive Officers and Directors of CFM PLC, Cargill
Holdings, CFSC and Cargill, Incorporated.
Exhibit B: Transactions in the Shares by the Reporting Persons in the past
60 days.
Signature page follows.
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<PAGE>
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, each
of the undersigned certifies that the information set forth in this Statement is
true, complete and correct.
CARGILL FINANCIAL MARKETS PLC
By:
------------------------------
John C. Reynolds
Secretary
CARGILL HOLDINGS (UK)
By:
------------------------------
John C. Reynolds
Secretary
CARGILL FINANCIAL SERVICES CORPORATION
By:
------------------------------
Timothy S. Clark
Vice President
CARGILL, INCORPORATED
By:
------------------------------
Linda Cutler
Vice President, Assistant General Counsel
& Assistant Secretary, Administrative
Division
Date: June 24, 1998
9 of 21
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EXHIBIT A
CARGILL FINANCIAL MARKETS PLC
Directors
- ---------
David P.L. Corridan Director
Jacobus Gerardus De Jong Director
David W. MacLennan Director
John E. Osborn Director
John C. Reynolds Director
David W. Rogers Director
Paul J. Tiller Director
Officers
- --------
David P.L. Corridan Managing Partner
Jane Fuller Secretary
John C. Reynolds Secretary
10 of 21
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EXHIBIT A
CARGILL HOLDINGS
Directors
- ---------
Paul D. Conway Director
Peter A.J. Peyton Director
John C. Reynolds Director
Paul J. Tiller Director
Officers
- --------
John C. Reynolds Secretary
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EXHIBIT A
CARGILL FINANCIAL SERVICES CORPORATION
Directors
- ---------
Robert L. Lumpkins Director
Ernest S. Micek Director
Michael B. Moore Director
David W. Raisbeck Director
William W. Veazey Director
Officers
- --------
Michael B. Moore President
Jeffery D. Leu Executive Vice President
David W. MacLennan Executive Vice President
Wendell Spence Executive Vice President
Robert A. Kruchoski Senior Vice President
Philip J. Martini Senior Vice President
Guilherme Schmidt Netto Senior Vice President
Bruce H. Barnett Vice President
Robert D. Beach Vice President
Timothy S. Clark Vice President
Craig A. Ekegren Vice President
Anthony J. Farraj Vice President
martin Guyot Vice President
Thomas F. Haller, Jr. Vice President
Patrick J. Halloran Vice President
Ian M.C. Kerr Vice President
Stephen R. Lindo Vice President
Gary G. O'Hagan Vice President
J. Kirk Ogren, Jr. Vice President
Kim M. Okerstrom Vice President
Jeffrey A. Parker Vice President
Steven C. Pumilia Vice President
Frank Mor Ravndal, Jr. Vice President
Paul A. Richardson Vice President
Debroah J. Theisen Vice President
Gregory T. Zoidis Vice President
Linda L. Cutler Secretary
William W. Veazey Treasurer
Sheri J. Bandle Assistant Vice President
Daniel G. Brian Assistant Vice President
Ann M. Burke Assistant Vice President
Jeffrey A. Carlson Assistant Vice President
Shane F. Cotner Assistant Vice President
12 of 21
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Mark T. Guidinger Assistant Vice President
Greggory S. Haugen Assistant Vice President
Tara Jensen Assistant Vice President
Renee A. Kessler Assistant Vice President
Kevin M. Krueger Assistant Vice President
Mary L. Kurth Assistant Vice President
Christl H. Larson Assistant Vice President
Christopher T. Pears Assistant Vice President
Beth C. Spoonland Assistant Vice President
Joseph M. Wagner Assistant Vice President
Anne E. Carlson Assistant Secretary
Henry W. Gjersdal, Jr. Assistant Secretary
Patrice H. Halbach Assistant Secretary
Jeanne Y. Smith Assistant Secretary
Laura H. Witte Assistant Secretary
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EXHIBIT A
CARGILL, INCORPORATED
Directors
- ---------
Michael H. Armacost Director
F. Guillaume Bastiaens Director
Michael R. Bonsignore Director
Austen S. Cargill II, Ph.D. Director
Livio D. DeSimone Director
Richard M. Kovacevich Director
Marianne C. Liebmann Director
Robert L. Lumpkins Director
David D. MacMillan Director
William B. MacMillan Director
Ernest S. Micek Director
David W. Raisbeck Director
Warren R. Staley Director
Lucy M. Stitzer Director
Michael W. Wright Director
Whitney MacMillan Director Emeritus
W. Duncan MacMillan Senior Advisory Director
Corporate Officers
- ------------------
Ernest S. Micek Chairman of the Board & Chief Executive Officer
Warren R. Staley President and Chief Operating Officer
Robert L. Lumpkins Vice Chairman of the Board and Chief Financial
Officer
F. Guillaume Bastiaens Vice Chairman of the Board
David W. Raisbeck Executive Vice President
Daniel R. Huber President, Asia/Pacific Sector
Gregory R. Page Corporate Vice President and Sector President
James D. Moe Corporate Vice President, General Counsel and
Secretary
Ronald L. Christenson Corporate Vice President and Chief Technology
Officer
Robbin S. Johnson Corporate Vice President, Public Affairs
Nancy P. Siska Corporate Vice President, Human Resources
Lloyd B. Taylor Corporate Vice President, Information Technology
Edward J. Toth Corporate Vice President and Controller
Tyrone K. Thayer Corporate Vice President, Worldwide Cargill Foods
and Procurement
William W. Veazey Corporate Vice President and Treasurer
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Elected Officers
- ----------------
Fredric W. Corrigan President, Agriculture Group
Richard D. Frasch President, Animal Nutrition Division
John E. Geisler President, Dry Milling
Brian F. Hill President, Worldwide Seed
Gary W. Jarrett President, Cargill Energy Division
Frank Karsbergen President, Juice, Cocoa, Malt Group
Peter A. Kooi President, World Grain Trading Group
David M. Larson President, Poultry Group
John D. March President, World Oilseeds Processing Group
Henricus M. Mathot President, Fertilizer
Gary W. Mize President, Cargill Juice
Michael B. Moore President, Financial Markets
Frank L. Sims President, North American Grain
Charles L. Sullivan President, Salt
James T. Thompson President, Cargill Steel Group
Michael A. Urbanic President, North American Corn Milling
Norman Hay Executive Vice President, Asia Pacific Sector
Lawrence F. DeWitt Senior Vice President, Latin America Sector
Appointed Officers
- ------------------
Bruce H. Barnett Vice President, Tax & General Tax Counsel,
Administrative Division
John I. Bjelland Vice President, Information Technology, Agriculture
Group and Cargill Grain Division
Joseph P. Botos Vice President, Administrative Division
William C. Britt Vice President, Administrative Division
Austen S. Cargill II, Ph.D. Vice President, Administrative Division
Charles A. Clogston Vice President, Controller, Administrative Division
Linda L. Cutler Vice President, Assistant General Counsel &
Assistant Secretary, Administrative Division
James A. Guyre Vice President, Controller, Administrative Division
James N. Haymaker Vice President, Strategy and Business Development,
Administrative Division
H. Jed Hepworth Latin American General Counsel, Administrative
Division
Alistair D. Jacques Vice President, Corporate Information Technology
Operations, Administrative Division
Galen G. Johnson Vice President, Director of Worldwide Audit,
Administrative Division
Stephen D. Laing Vice President, Controller, Administrative Division
Ronald L. Laumbach Vice President and North American General
Counsel, Administrative Division
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William P. Miller, Jr. Vice President, Controller, Administrative Division
R. Kent Norby Vice President, Human Resources, Administrative
Division
Bonnie E. Raquet Vice President, Public Affairs, Administrative
Division
Daniel v.O. Slingeland Vice President and Assistant Treasurer,
Administrative Division
Linda L. Thrane Vice President, Public Affairs, Administrative
Division
William L. Varner Vice President, Administrative Division
Dennis E. Walters Vice President and Controller, Administrative
Division
Petrus Zaal Vice President, Administrative Division
Orland D. Thorbeck Controller, Human Resources, Administrative
Division
Nancy L. Ballsrud Assistant Vice President, Corporate Treasury &
Assistant Treasurer, Administrative Division
Ronald G. Dudley Assistant Vice President, Strategy and Business
Development Department, Administrative Division
Brian L. Foltz Assistant Vice President, Insurance, Administrative
Division
Henry W. Gjersdal, Jr. Assistant Vice President, Tax & Assistant General
Tax Counsel, Administrative Division
Patrice H. Halbach Assistant Vice President, Tax & Assistant General
Tax Counsel, Administrative Division
W. Brendan Harrington Assistant Vice President, Public Affairs,
Administrative Division
James S. Hield Assistant Vice President, Public Affairs,
Administrative Division
Fred B. Lafferty Assistant Vice President, Corporate Security,
Administrative Division
John J. McCabe Assistant Vice President, Office Services,
Administrative Division
Jeanne E. McCaherty Assistant Vice President, Central Research,
Administrative Division
H. S. Muralidhara Assistant Vice President, Administrative Division
M. Stephanie Patrick Assistant Vice President, Public Affairs,
Administrative Division
Carol H. Pletcher Assistant Vice President, Corporate Quality,
Administrative Division
Felix A. Ricco Assistant Vice President, Human Resources,
Administrative Division
16 of 21
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James M. Wallace Assistant Vice President, Corporate Marketing
Communications, Administrative Division
Jeanne Y. Smith Assistant Secretary, Administrative Division
Tracy L. Wessel Assistant Secretary, Administrative Division
David B. Braden Assistant Treasurer, Administrative Division
Jerry D. Havemann Vice President, Information Technology, Animal
Nutrition and Meat Sector
Jerome D. Leising Vice President, Animal Nutrition and Meat Sector
Thomas L. Fritz Senior Vice President, Animal Nutrition Division
Douglas J. Barisnky Vice President, Animal Nutrition Division
Kenneth E. Ekstrom Vice President, Animal Nutrition Division
H. Terry Olson Vice President, Animal Nutrition Division
George M. Kemp Controller, Animal Nutrition and Poultry Group
William A. Buckner President, Worldwide Beef, Red Meat Group
George J. Kwasniak Controller, Red Meat Group
Hugh B. Guill Senior Vice President, Worldwide Poultry
Lee B. Skold Senior Vice President, Worldwide Poultry
Paul E. Lawrence Vice President, North American Turkeys
John J. O'Carroll Vice President, Worldwide Poultry & President,
North American Turkeys
Jerry R. Rose Vice President, Worldwide Poultry
Richard T. Wyatt Vice President, North American Turkeys
Glenda R. Hoogland Controller, North American Feed
Deryle G. Oxford Assistant Vice President, North American Turkeys
Andrew B. Southerly Assistant Vice President, North American Turkeys
David L. Gabriel Senior Vice President, Cargill Energy Division
Aaron R. Markley Senior Vice President, Cargill Energy Division
Dennis D. Bowersox Assistant Vice President, Cargill Energy Division
Donald A. Dietrich Assistant Vice President, Cargill Energy Division
Bryan D. Price Assistant Vice President, Cargill Energy Division
Robert H. Takvorian Assistant Vice President, Cargill Energy Division
Peter W. Reed Senior Vice President, Cargill Grain Division
William J. Burns Vice President, Cargill Grain Division
Gary E. Dahl Vice President, Cargill Grain Division
Daniel P. Dye Vice President, Cargill Grain Division
William M. Hale Vice President, Cargill Grain Division
James T. Prokopanko Vice President, Cargill Grain Division
17 of 21
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James T. Sutter Vice President, Cargill Grain Division
Donald H. Vogt Vice President, Cargill Grain Division
Karen R. Polzin Controller, Cargill Grain Division
Richard R. Calhoun Assistant Vice President, Cargill Grain Division
Donald A. Hilger Assistant Vice President, Cargill Grain Division
Daniel W. Ruiter Assistant Vice President, Cargill Grain Division
Steven A. Smalley Assistant Vice President, Cargill Grain Division
David E. Dines Vice President, Commodity Risk Management
Products Department
Brent C. Bechtle Assistant Vice President, Commodity Risk
Management Products Department
Jeffrey M. Goldstein Assistant Vice President, Commodity Risk
Management Products Department
Jeffrey C. Seeley Assistant Vice President, Commodity Risk
Management Products Department
Robert J. Mann President, Ferrous International Department,
Cargill Steel
Joseph D. Lea Vice President, Steel and Wire Department,
Cargill Steel
Jean A. Lhermitte Vice President, Ferrous International Department,
Cargill Steel
Larry H. Virtue Vice President, Steel and Wire Department,
Cargill Steel
Bruce K. Lanske Controller, Steel and Wire Department, Cargill Steel
Kenneth M. Mooney Vice President and General Manager, Coffee
Department
John W. Bunker Vice President, Coffee Department
Barry J. Burnett Controller, Coffee Department
James A. Madich Vice President, Dry Milling Division
Scott J. Montgomery Vice President, Dry Milling Division
Guy R. Shoemaker Vice President, Dry Milling Division
Thomas P. Abrahamson Assistant Vice President, Dry Milling Division
George J. Schember Assistant Vice President, Dry Milling Division
H. Rex Winter Assistant Vice President, Dry Milling Division
Gary Q. Yee Assistant Vice President, Dry Milling Division
Roy S. Alexander Controller, North American Flour Milling
Joseph M. Hausback Senior Vice President, Fertilizer Division
Burnis L. Wilhelm Vice President, Fertilizer Division
Patricia E. Rogers Controller, Fertilizer Division
Robert L. Hesse Assistant Vice President, Fertilizer Division
18 of 21
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Michael R. Rahm Assistant Vice President, Fertilizer Division
Corrine D. Ricard Assistant Vice President, Fertilizer Division
Douglas R. Linder Vice President, Cargill Foods
Hendrikus L. DeBeer Controller, Malt Division
Robert R. Parmelee Senior Vice President, North American Corn
Milling Division
Gordon K. Adkins Vice President, North American Corn Milling Division
Peter B. Boynton Vice President, North American Corn Milling Division
Robert A. Hovden Vice President, North American Corn Milling Division
Robert E. Siegert Vice President, North American Corn Milling Division
Richard J. Peters Controller, North American Corn Milling Division
Patrick E. Bowe Assistant Vice President, North American Corn
Milling Division
Dale E. Cox Assistant Vice President, North American Corn
Milling Division
E. Thomas Erdmann III Assistant Vice President, North American Corn
Milling Division
Aswhin M. Madia Assistant Vice President, North American Corn
Milling Division
Douglas E. Punke Assistant Vice President, North American Corn
Milling Division
R. Creager Simpson Assistant Vice President, North American Corn
Milling Division
William C. Winetroub Assistant Vice President, North American Corn
Milling Division
Barbara T. Ducat Controller, Northeast Petroleum Department
Andrew L. Workman Controller, Peanut Department
William C. Britt Vice President, Salt Division
Gifford A. Howarth Vice President, Salt Division
Gerald O. Rohlfsen Vice President, Salt Division
Gerald J. Thornton, Jr. Vice President, Salt Division
Michael G. Venker Vice President, Salt Division
Gregory M. Wold Vice President, Salt Division
Lawrence L. Overstreet Controller, Salt Division
Catherine A. Hay Assistant Vice President, Salt Division
Micheal D. Lane Assistant Vice President, Salt Division
Michael A. Lilly Assistant Vice President, Salt Division
Michael R. Schmit Assistant Vice President, Salt Division
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<PAGE>
John M. Buman Vice President, Seed Division
Vernon E. Gracen, Jr. Vice President, Seed Division
Randall G. Jeppson Vice President, Seed Division
Ronald F. Musech Vice President, Seed Division
William R. Rouse Vice President, Seed Division
Michael J. Hall Controller, Worldwide Seed
Patrick C. Bennett Assistant Vice President, Sugar Department
Dale A. Fehrenbach Vice President, Plant Operations and Engineering,
Trading Sector
William L. Varner Controller, Trading Sector
Hershel R. Austin Vice President, North American Oilseed
Processing Division
Martin G. Dudley Vice President, North American Oilseed
Processing Division
Willis M. Gillett Vice President, North American Oilseed
Processing Division
Ian C. Purtle Vice President, North American Oilseed
Processing Division
Francis W.I. Van Doninck Controller, North American Oilseed
Processing Division
William A. Lowe, Jr. Assistant Vice President, North American Oilseed
Processing Division
Mark R. Schulze Assistant Vice President, North American Oilseed
Processing Division
Maureen M. Dolan Assistant Controller, North American Oilseeds
Nicholas A. Emanuel Vice President, Cargill Juice
Charles O. Rankins Controller, Cargill Juice
Jack H. Huston Assistant Vice President, Cargill Juice
Howard J. Bohlander, Jr. Vice President and General Manager, Latin American
Grain, World Grain Trading Group
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<PAGE>
GROWTH FUND OF SPAIN TRADES
<TABLE>
<CAPTION>
Trade Date Qty/Par Price Principal Commission Net Cash Tran Type Tran Id Sts
- ---------- ------- ----- --------- ---------- -------- --------- ------- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
980619 138,500 20.625 2,856,562.50 8310 2,864,872.50 B 327205 CP
980617 1,500 20.5833 30,874.95 90 30,964.95 B 326336 CP
980616 3,600 20.2951 73,062.36 216 73,278.36 B 325625 CP
980615 32,700 20.0722 656,360.94 1962 658,322.94 B 325158 CP
980615 15,000 20.1875 302,812.50 900 303,712.50 B 325178 CP
980612 15,900 20.75 329,925.00 954 330,879.00 B 324834 CP
980612 30,100 20.375 613,287.50 1806 615,093.50 B 324962 CP
980611 4,500 21.25 95,625.00 270 95,895.00 B 324617 CP
980603 2,400 21.9375 52,650.00 144 52,794.00 B 322586 CP
980602 3,000 21.5 64,500.00 180 64,680.00 B 322287 CP
980601 10,000 21.5 215,000.00 600 215,600.00 B 321903 CP
980603 150,000 22 3,300,000.00 9000 3,309,000.00 B 322517 CP
980529 50,000 21.6875 1,084,375.00 3000 1,087,375.00 B 321559 CP
980528 6,200 21.5 133,300.00 372 133,672.00 B 320899 CP
980522 8,800 22.0625 194,150.00 528 193,615.52 S 319978 CP
980520 2,000 21.4688 42,937.60 120 43,057.60 B 318936 CP
980519 6,900 21.0516 145,256.04 414 145,670.04 B 318393 CP
980514 28,600 21.25 607,750.00 1716 609,466.00 B 317259 CP
</TABLE>
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