<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2 )*
---
Sylvan Learning Systems, Inc.
----------------------------------
(Name of Issuer)
Common
----------------------------------
(Title of Class of Securities)
871399101
----------------------------------
(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 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. 871399101 13G Page 2 of 5 Pages
--------- --- ---
- -------------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The St. Paul Companies, Inc.
385 Washington Street
St. Paul, Minnesota 55102 IRS #41-0518860
- -------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) ( )
(b) ( )
- -------------------------------------------------------------------------------
(3) SEC USE ONLY
- -------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Minnesota Corporation
- -------------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
SHARES None
BENEFICIALLY --------------------------------------------------------
OWNED BY (6) SHARED VOTING POWER
EACH The St. Paul Companies, Inc., through its
REPORTING wholly-owned subsidiary, St. Paul Fire and Marine
PERSON Insurance Company (F&M) beneficially owns 442,474
WITH shares of common stock by virtue of F&M's ownership
of 434,974 shares of common stock and options to
purchase 7,500 shares of common which are
exercisable within 60 days.
--------------------------------------------------------
(7) SOLE DISPOSITIVE POWER
None
---------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
442,474 shares (see remark in Item 6)
- -------------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
442,474 shares (see remark in Item 6)
- -------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.9%
- -------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
HC
- -------------------------------------------------------------------------------
<PAGE>
Fee Enclosed / / or Amendment No. 2
- -------------------------------------------------------------------------------
ITEM 1 (a) NAME OF ISSUER: Sylvan Learning Systems, Inc.
- -------------------------------------------------------------------------------
(b) ADDRESS OF ISSUER'S PRINCIPAL OFFICES:
9135 Guilford Road
Columbia, MD 21046
- -------------------------------------------------------------------------------
ITEM 2 (a) NAME OF PERSON FILING: The St. Paul Companies, Inc.
(see Schedule A)
- -------------------------------------------------------------------------------
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
385 Washington Street
St. Paul, MN 55102
- -------------------------------------------------------------------------------
(c) CITIZENSHIP: Minnesota corporation
- -------------------------------------------------------------------------------
(d) TITLE OF CLASS OF SECURITIES: Common
- -------------------------------------------------------------------------------
(e) CUSIP NUMBER: 871399101
- -------------------------------------------------------------------------------
ITEM 3. This statement is filed pursuant to Rule 13d-1(b).
(g) /X/ Parent Holding Company
- -------------------------------------------------------------------------------
ITEM 4. OWNERSHIP
(a) Amount beneficially owned: The St. Paul Companies, Inc.,
through its wholly owned subsidiary, St. Paul Fire and
Marine Insurance Company (F&M), beneficially owns 442,474
shares of common stock by virtue of F&M's ownership of
434,974 shares of Common Stock, and Options to purchase
7,500 shares of Common Stock, all of which are exercisable
within 60 days.
--------------------------------------------------------------------
(b) Percent of Class: The shares reported in Item 4(a), above,
constitute 2.6% of the outstanding common shares of the
Issuer.
--------------------------------------------------------------------
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: none
---------------------------------------------------------------
(ii) Shared power to vote or direct the vote: 442,474
(see remark in Item 4(a) above)
---------------------------------------------------------------
(iii) Sole power to dispose or direct the disposition: none
---------------------------------------------------------------
(iv) Shared power to dispose or direct the disposition:
442,474 (see remark in Item 4(a) above)
- -------------------------------------------------------------------------------
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
/X/ The reporting person has ceased to be the beneficial owner of
more than 5% of the class of securities.
- -------------------------------------------------------------------------------
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
<PAGE>
Not Applicable
- -------------------------------------------------------------------------------
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
St. Paul Fire and Marine Insurance Company is an Insurance
Company under Reg. 240.13d-1(b)(1)(ii)(C)
- -------------------------------------------------------------------------------
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Not Applicable
- -------------------------------------------------------------------------------
ITEM 9. NOTICE OF DISSOLUTION OF 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.
SIGNATURE
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.
Date: February 12, 1996
------------------------------------------
Bruce A. Backberg
Title: Vice President & Corporate Secretary
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
EXHIBIT A - DISCLAIMER
Information on the attached Schedule 13G is provided solely for the purpose
of complying with Section 13(d) and 13(g) of the Securities Exchange Act of
1934 and Regulation promulgated under authority thereof and is not intended
as an admission the The St. Paul Companies, Inc. or any of its subsidiaries,
is a beneficial owner of the securities described herein for any other
purpose.