<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Pacific Crest Capital, Inc.
---------------------------------------
(Name of Issuer)
Common Stock, par value $.01 per share
--------------------------------------
(Title of Class of Securities)
694166 10 9
----------------------
(CUSIP Number)
Andrew S. Paul, Esq.
c/o Tudor Investment Corporation
One Liberty Plaza (51st Floor)
New York, New York 10006
(212) 602-6700
----------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 18, 1995
-------------------------------------------------------
(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 [ ].
Check the following box if a fee is being paid with the statement [ ].
Page 1
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- ---------------------
CUSIP NO. 694166 10 9
- ---------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tudor Investment Corporation
TIN: 22-2514825
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X ]
- ------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------
4. SOURCE OF FUNDS
OO
- ------------------------------------------------------------
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
- ------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 97,000
EACH -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------
10 SHARED DISPOSITIVE POWER
97,000
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
97,000
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.3%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- ------------------------------------------------------------
Page 2
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- ---------------------
CUSIP NO. 694166 10 9
- ---------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul Tudor Jones, II
TIN:
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X ]
- ------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------
4. SOURCE OF FUNDS
OO
- ------------------------------------------------------------
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 States of America
- ------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 105,300
EACH -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------
10 SHARED DISPOSITIVE POWER
105,300
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
105,300
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.6%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- ------------------------------------------------------------
Page 3
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- ---------------------
CUSIP NO. 694166 10 9
- ---------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Raptor Global Fund Ltd.
TIN: n/a
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X ]
- ------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------
4. SOURCE OF FUNDS
OO
- ------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
- ------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- ------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 20,400
EACH -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------
10 SHARED DISPOSITIVE POWER
20,400
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
20,400
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.7%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- ------------------------------------------------------------
Page 4
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- ---------------------
CUSIP NO. 694166 10 9
- ---------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Raptor Global Fund L.P.
TIN: 13-3735415
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X ]
- ------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------
4. SOURCE OF FUNDS
OO
- ------------------------------------------------------------
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
- ----------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 17,600
EACH -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------
10 SHARED DISPOSITIVE POWER
17,600
- ----------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
17,600
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ------------------------------------------------------------
Page 5
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- ---------------------
CUSIP NO. 694166 10 9
- ---------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tudor Arbitrage Partners L.P.
TIN: 13-3496979
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X ]
- ------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------
4. SOURCE OF FUNDS
OO
- ------------------------------------------------------------
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
- ------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 8,300
EACH -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------
10 SHARED DISPOSITIVE POWER
8,300
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
8,300
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.3%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- ------------------------------------------------------------
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- ---------------------
CUSIP NO. 694166 10 9
- ---------------------
- ------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tudor BVI Futures, Ltd.
TIN: n/a
- ------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X ]
- ------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------
4. SOURCE OF FUNDS
OO
- ------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
- ------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
- ------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 59,000
EACH -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------
10 SHARED DISPOSITIVE POWER
59,000
- ------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
59,000
- ------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- ------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.0%
- ------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- ------------------------------------------------------------
Page 7
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Item 1. Security and Issuer
-------------------
This Amendment No. 1, dated June 26, 1996 to Statement on Schedule 13D
relates to the common stock, par value $.01 per share ("Common Stock"), of
Pacific Crest Capital, Inc., a Delaware corporation (the "Company"), and amends
the Schedule 13D previously filed by Tudor Investment Corporation, a Delaware
corporation ("TIC"), Paul Tudor Jones, II, a natural person and a citizen of the
United States ("Mr. Jones"), The Raptor Global Fund Ltd., a company organized
under the laws of the Cayman Islands ("Raptor Ltd."), The Raptor Global Fund
L.P., a Delaware limited partnership ("Raptor L.P."), Tudor Arbitrage Partners
L.P., a Delaware limited partnership ("TAP), Tudor BVI Futures, Ltd., a
corporation organized under the laws of the British Virgin Islands ("Tudor BVI",
and collectively with TIC, Mr. Jones, Raptor Ltd., Raptor L.P. and TAP, the
"Reporting Persons") and Danforth, L.P. ("Danforth")./*/ The summaries of
information on schedules attached hereto are qualified in their entirety by
reference to such schedules, which are incorporated by reference herein.
The Company's principal executive offices are located at 30343 Canwood
Avenue, Agoura Hills, California 91301.
Item 2. Identity and Background.
-----------------------
The Reporting Persons are TIC, Mr. Jones, Raptor Ltd., Raptor L.P.,
TAP and Tudor BVI. The business address of each of TIC, Mr. Jones, Raptor
L.P. and TAP is c/o Tudor Investment Corporation, 600 Steamboat Road,
Greenwich, Connecticut 06830. The business address of each of Raptor Ltd. and
Tudor BVI is c/o Curacao International Trust Company N.V., Kaya Flamboyan 9,
Curacao, Netherlands Antilles.
TIC is an international money management firm that provides investment
advice to Raptor Ltd., Raptor L.P. and Tudor BVI, among others.
Mr. Jones' principal employment is as Chairman and Chief Executive
Officer of TIC of which he owns a majority of the capital stock and voting
securities.
- ---------------
/*/ For purposes of this Statement on Schedule 13D the Reporting Persons have
filed as a "group". Nevertheless, the Reporting Persons hereby disclaim that
they are members of a "group" for purposes of Section 13(d) of the Securities
Exchange Act of 1934 or for any other purpose.
Page 8
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Each of Raptor Ltd., Raptor L.P., TAP and Tudor BVI is an investment
fund which principally invests in debt, equity, derivative securities and
other financial instruments for the benefit of the holders of its partnership,
stock and other capital securities.
The name, residence or business address, present principal occupation
or employment, the name, principal business and address of any corporation or
other organization in which such employment is conducted and the citizenship
of each natural person that is a director or executive officer of TIC, Raptor
Ltd. or Tudor BVI is set forth on Schedule I hereto and is incorporated by
reference herein. TIC is the sole general partner of Raptor L.P.
Effective as of July 31, 1995, TIC ceased to provide investment
advisory services to Danforth. Accordingly, Danforth is no longer included as
a reporting person.
During the last five years, none of the Reporting Persons, or to the
best knowledge and belief of the Reporting Persons, any of the individuals
listed on Schedule I hereto, has been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors) or has been a party to
a civil proceeding of a judicial or administrative body of competent
jurisdiction as a result of which any Reporting Person or any person listed on
Schedule I was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting activities subject to, federal or state
securities laws or finding any violation of such law.
Item 3. Source and Amount of Funds or Other Consideration.
-------------------------------------------------
The shares of Common Stock beneficially owned by each of Raptor Ltd.,
Raptor L.P., TAP and Tudor BVI were acquired in open market purchases for
cash. The sources of the funds used to purchase the shares of Common Stock by
each of the Reporting Persons were (i) capital contributions to such Reporting
Person, (ii) the proceeds of transactions with respect to prior investments
held by such Reporting Persons, and (iii) cash borrowed pursuant to margin
loans with Morgan Stanley & Co. Incorporated, which are secured by all of the
shares of Common Stock held by each such Reporting Person.
Page 9
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Item 4. Purpose of Transaction.
----------------------
Each of Raptor Ltd., Raptor L.P., TAP and Tudor BVI initially acquired
the Common Stock beneficially owned by such Reporting Person for investment
purposes. Each of such Reporting Persons intends to continue to evaluate
their respective investments in Common Stock based on the Company's financial
condition, results of operations and prospects as well as other then existing
or anticipated facts and circumstances including general economic, market and
other financial conditions. Accordingly, each of the Reporting Persons
reserves the right to change its plans and intentions with respect to its
investment in securities of the Company at any time, as it deems appropriate.
In particular, each of the Reporting Persons may at any time and from time to
time (i) acquire additional shares of Common Stock, (ii) dispose of Common
Stock, or (iii) enter into privately negotiated derivative transactions with
institutional counterparties to hedge the market risk of some or all of its
positions in the Common Stock. There can be no assurance that any Reporting
Person will increase or decrease his investment in the Company or as to the
number of shares of Common Stock or derivative securities that may be bought
or sold in any such transactions.
Except as set forth in this Schedule 13D, none of the Reporting
Persons currently has any plans or proposals which relate to or would result
in any of the transactions, actions or events enumerated in paragraphs (a)
through (j) of the instructions to Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer.
------------------------------------
There have been no transactions by the Reporting Persons since the
transactions on June 21, 1995 which were previously reported in the Schedule
13D.
As of December 18, 1995, as a result of the conversion of shares of
preferred stock for Common Stock by certain of the Company's shareholders
other than the Reporting Persons, none of the Reporting Persons remained the
beneficial owner, pursuant to Rule 13(d)(1)(i), of more than 5% of the Common
Stock of the Company.
Because TIC is the sole general partner of Raptor L.P. and provides
investment advisory services to Raptor Ltd., Raptor L.P. and Tudor BVI, TIC
may be deemed to beneficially own the shares of Common Stock owned by each of
such Reporting Persons. In addition, because Mr. Jones owns a majority of the
capital stock and voting securities of TIC and indirectly owns a majority of
the equity interests in the general partner of TAP, Mr. Jones may be
Page 10
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deemed to beneficially own the shares of Common Stock deemed beneficially
owned by TIC and TAP.
Based on the information provided by the Company that there are
approximately 2,959,698 shares of Common Stock issued and outstanding, each
Reporting Person beneficially owns (or, with respect to TIC and Mr. Jones, may
be deemed to beneficially own) the number and percentage of outstanding shares
of Common Stock listed in the responses to Items 11 and 13, respectively, of
the cover page filed herewith for such Reporting Person. In addition, the
number of shares of Common Stock beneficially owned (or, with respect to TIC
and Mr. Jones, which may be deemed beneficially owned) by each Reporting
Person with respect to which such Reporting Person (i) has sole voting power,
(ii) shares voting power, (iii) has sole dispositive power and (iv) shares
dispositive power are listed in the responses to Items 7, 8, 9 and 10,
respectively, of the cover page filed herewith for such Reporting Person. The
voting and dispositive power is reported as shared because each of the
Reporting Persons (other than TIC and Mr. Jones) has the power to remove TIC
as its investment advisor or general partner. Each of the Reporting Persons
(other than TIC and Mr. Jones) expressly disclaim beneficial ownership of the
shares of Common Stock beneficially owned by any other Reporting Person and
each of TIC and Mr. Jones disclaim beneficial ownership of the Common Stock
beneficially owned by Raptor Ltd., Raptor L.P., TAP, Tudor BVI.
Item 6. Contracts, Arrangements, Understandings
or Relationships with Respect to Securities
of the Issuer
-------------------------------------------
Except as set forth in this Schedule 13D, none of the Reporting Person
has any contracts, arrangements, understandings or relationships with respect
to securities of the Company.
Item 7. Material to Be Filed as Exhibits
--------------------------------
(1) Joint Filing Agreement (previously filed)
Page 11
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this Schedule 13D is true,
complete and correct.
Dated: June 26, 1996
TUDOR INVESTMENT CORPORATION
By: /s/ Andrew S. Paul
------------------
Name: Andrew S. Paul
Title: Vice President &
General Counsel
/s/ Paul Tudor Jones, II
------------------------
Paul Tudor Jones, II
THE RAPTOR GLOBAL FUND LTD.
By: TUDOR INVESTMENT CORPORATION,
Trading Advisor
By: /s/ Andrew S. Paul
--------------------
Name: Andrew S. Paul
Title: Vice President &
General Counsel
THE RAPTOR GLOBAL FUND L.P.
By: TUDOR INVESTMENT CORPORATION,
General Partner
By: /s/ Andrew S. Paul
--------------------
Name: Andrew S. Paul
Title: Vice President &
General Counsel
Page 12
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TUDOR ARBITRAGE PARTNERS L.P.
By: TUDOR GLOBAL TRADING LLC,
General Partner
By: /s/ Andrew S. Paul
--------------------
Name: Andrew S. Paul
Title: Vice President &
General Counsel
TUDOR BVI FUTURES, LTD.
By: TUDOR INVESTMENT CORPORATION,
Trading Advisor
By: /s/ Andrew S. Paul
------------------
Name: Andrew S. Paul
Title: Vice President &
General Counsel
Page 13
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Schedule I
EXECUTIVE OFFICERS AND DIRECTORS
OF THE REPORTING PERSONS
I. TIC
The name, residence or business address, present principal
occupation or employment, the name, principal business and address of any
corporation or other organization in which such employment is conducted and
the citizenship of each executive officer or director of TIC is set forth
below. Unless otherwise indicated (i) the principal occupation or employment
of such person is as an executive officer or director of TIC, (ii) the
business address of such person is c/o TIC at the address of TIC set forth
under Item 2 of this Schedule 13D, (iii) such person is a citizen of the
United States and (iv) to the knowledge of the Reporting Persons, such person
does not beneficially own and has not had any transactions in the Common
Stock.
Principal Occupation/
Name Business Address
- ---- -----------------------------
Paul Tudor Jones, II/*/ Chairman of the Board of Directors, Chief
Executive Officer of TIC.
Mark F. Dalton Director, President and Chief Operating
Officer of TIC.
Patrick A. Keenan Director, Vice President and Chief
Financial Officer of TIC.
Mark A. Heffernan Director of TIC. Mr. Heffernan trades in
Citizen of United securities and other financial instruments
Kingdom for Tudor Proprietary Trading L.L.C. and certain
investment funds advised by Tudor Capital (U.K),
L.P., both of which are located at The Upper
Mill, Kingston Road, Ewell, Surrey KT17 2AF, England.
Andrew S. Paul Director, Vice President, General
Counsel and Corporate Secretary of TIC.
Richard L. Fisher Director of TIC. Mr. Fisher is Vice President of
Investments and Acquisitions and a Managing Director of
Dunavant Enterprises, Inc., 3797 Getwell Road, Memphis,
TN 38118.
- ---------------
/*/ See Item 5 of this Schedule 13D for a discussion of Mr. Jones' potential
beneficial ownership of Common Stock.
Page 14
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II. RAPTOR LTD.
The name, residence or business address, present principal occupation
or employment, the name, principal business and address of any corporation or
other organization in which such employment is conducted and the citizenship of
each executive officer or director of Raptor Ltd. is set forth below. Unless
otherwise indicated (i) the principal occupation or employment of such person is
as set forth below, (ii) the business address of such person is c/o Inter
Caribbean Services Ltd., (iii) such person is a citizen of the country set forth
below and (iv) to the knowledge of the Reporting Persons, such person does not
beneficially own and has not had any transactions in the Common Stock.
Principal Occupation/
Name Business Address
- ---- -------------------------------
Inter Caribbean Services Ltd. Director of Raptor Ltd. The principal
Incorporated in British place of business of Inter Caribbean
Virgin Islands Services Ltd. is c/o Curacao
International Trust Company N.V. ("CITCO"), Kaya
Flamboyan 9, Netherlands Antilles.
Bernard A. Loze Director of Raptor Ltd. Chairman and Chief
Citizen of France Executive Officer of Loze et Associe, 43, Avenue
Marceau, Paris 75116, France, which is a
consulting firm that provides financial and
investment advice to international clients.
Arpad A. Busson Director of Raptor Ltd. Chairman of European
Citizen of France Investment Managers, c/o Harney, Westwood &
Riegels, P.O. Box 71, Road Town, Tortola, British
Virgin Islands, which is a consulting and money
management firm.
Page 15
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III. TUDOR BVI
The name, residence or business address, present principal occupation
or employment, the name, principal business and address of any corporation or
other organization in which such employment is conducted and the citizenship of
each executive officer or director of Tudor BVI is set forth below. To the
knowledge of the Reporting Persons, the below listed persons neither currently
beneficially own nor have had any transactions in the Common Stock.
Principal Occupation/
Name Business Address
- ---- -------------------------------
Inter Caribbean Services Ltd. Director of Tudor BVI. See information under
Raptor Ltd.
David P. d'Abrumenil Director of Tudor BVI.
Citizen of United Kingdom Chairman, Lionspring Enterprises Limited, 36 John
Street, London WC1N 2AT, England, which is a
financial consulting firm.
Jean-Pierre Jacquemoud Director of Tudor BVI. Attorney,
Citizen of Switzerland Jacquemoud & Stanislas, 2, rue Bellow,
Geneva 1206, Switzerland.
Bernard A. Loze Director of Tudor BVI. See information
under Raptor Ltd.
Arpad A. Busson Director of Tudor BVI. See information
under Raptor Ltd.
Page 16