PLATINUM ENTERTAINMENT INC
SC 13G, 1997-02-11
DURABLE GOODS, NEC
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                                UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549


                                SCHEDULE 13G


                  UNDER THE SECURITIES EXCHANGE ACT OF 1934

                            (AMENDMENT NO.     )*


                        Plantinum Entertainment, Inc.
- -------------------------------------------------------------------------------
                              (Name of Issuer)

                                 Common Stock
- -------------------------------------------------------------------------------
                       (Title of Class of Securities)

                                  727909103
                            --------------------
                               (CUSIP Number)


Check the following box if a fee is being paid with the 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") of 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 8 pages

<PAGE>   2

CUSIP NO.   727909103               13G             PAGE   2   OF       PAGES
         ---------------                                 ----     -----

- -------------------------------------------------------------------------------
1  NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Frontenac VI Limited Partnership

- -------------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a)  /X/
                                                           (b) / /
- -------------------------------------------------------------------------------
3  SEC USE ONLY


- -------------------------------------------------------------------------------
4  CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware
- -------------------------------------------------------------------------------
                5  SOLE VOTING POWER

                   644,521
  NUMBER OF     ---------------------------------------------------------------
   SHARES       6  SHARED VOTING POWER
BENEFICIALLY
  OWNED BY         0
    EACH        ---------------------------------------------------------------
  REPORTING     7  SOLE DISPOSITIVE POWER
   PERSON       
    WITH           644,521
                ---------------------------------------------------------------
                8  SHARED DISPOSITIVE POWER
         
                   0
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

  644,521
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   12.5%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*

   PN
- -------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                              Page 2 of 8 pages
<PAGE>   3

CUSIP NO.   727909103               13G             PAGE   3   OF       PAGES
         ---------------                                 ----     -----

- -------------------------------------------------------------------------------
1  NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Frontenac Company, a general partnership

- -------------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a)  /X/
                                                           (b)  / /
- -------------------------------------------------------------------------------
3  SEC USE ONLY


- -------------------------------------------------------------------------------
4  CITIZENSHIP OR PLACE OF ORGANIZATION

    Illinois
- -------------------------------------------------------------------------------
                5  SOLE VOTING POWER

                   644,521*
  NUMBER OF     ---------------------------------------------------------------
   SHARES       6  SHARED VOTING POWER
BENEFICIALLY
  OWNED BY         0
    EACH        ---------------------------------------------------------------
  REPORTING     7  SOLE DISPOSITIVE POWER
   PERSON       
    WITH           644,521*
                ---------------------------------------------------------------
                8  SHARED DISPOSITIVE POWER
         
                   0
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

  644,521*
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   12.5%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*

   PN
- -------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                              Page 2 of 8 pages
<PAGE>   4

CUSIP NO.   727909103               13G             PAGE   4   OF       PAGES
         ---------------                                 ----     -----

- -------------------------------------------------------------------------------
1  NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Paul D. Carbery

- -------------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a)  /X/
                                                           (b)  / /
- -------------------------------------------------------------------------------
3  SEC USE ONLY


- -------------------------------------------------------------------------------
4  CITIZENSHIP OR PLACE OF ORGANIZATION

    USA     
- -------------------------------------------------------------------------------
                5  SOLE VOTING POWER

                   0
  NUMBER OF     ---------------------------------------------------------------
   SHARES       6  SHARED VOTING POWER
BENEFICIALLY
  OWNED BY         644,521*
    EACH        ---------------------------------------------------------------
  REPORTING     7  SOLE DISPOSITIVE POWER
   PERSON       
    WITH           0
                ---------------------------------------------------------------
                8  SHARED DISPOSITIVE POWER
         
                   644,521*
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

  644,521*
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   12.5%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*

   IN
- -------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                              Page 2 of 8 pages
<PAGE>   5

CUSIP NO.   727909103               13G             PAGE   5   OF       PAGES
         ---------------                                 ----     -----

- -------------------------------------------------------------------------------
1  NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   James E. Cowie

- -------------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a)  /X/
                                                           (b)  / /
- -------------------------------------------------------------------------------
3  SEC USE ONLY


- -------------------------------------------------------------------------------
4  CITIZENSHIP OR PLACE OF ORGANIZATION

    USA     
- -------------------------------------------------------------------------------
                5  SOLE VOTING POWER

                   0
  NUMBER OF     ---------------------------------------------------------------
   SHARES       6  SHARED VOTING POWER
BENEFICIALLY
  OWNED BY         644,521*
    EACH        ---------------------------------------------------------------
  REPORTING     7  SOLE DISPOSITIVE POWER
   PERSON       
    WITH           0
                ---------------------------------------------------------------
                8  SHARED DISPOSITIVE POWER
         
                   644,521*
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

  644,521*
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   12.5%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*

   IN
- -------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                              Page 2 of 8 pages
<PAGE>   6

CUSIP NO.   727909103               13G             PAGE   6   OF       PAGES
         ---------------                                 ----     -----

- -------------------------------------------------------------------------------
1  NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   James E. Crawford, III

- -------------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a)  /X/
                                                           (b)  / /
- -------------------------------------------------------------------------------
3  SEC USE ONLY


- -------------------------------------------------------------------------------
4  CITIZENSHIP OR PLACE OF ORGANIZATION

    USA     
- -------------------------------------------------------------------------------
                5  SOLE VOTING POWER

                   0
  NUMBER OF     ---------------------------------------------------------------
   SHARES       6  SHARED VOTING POWER
BENEFICIALLY
  OWNED BY         644,521*
    EACH        ---------------------------------------------------------------
  REPORTING     7  SOLE DISPOSITIVE POWER
   PERSON       
    WITH           0
                ---------------------------------------------------------------
                8  SHARED DISPOSITIVE POWER
         
                   644,521*
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

  644,521*
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   12.5%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*

   IN
- -------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                              Page 2 of 8 pages
<PAGE>   7

CUSIP NO.   727909103               13G             PAGE   7   OF       PAGES
         ---------------                                 ----     -----

- -------------------------------------------------------------------------------
1  NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Rodney L. Goldstein

- -------------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a)  /X/
                                                           (b)  / /
- -------------------------------------------------------------------------------
3  SEC USE ONLY


- -------------------------------------------------------------------------------
4  CITIZENSHIP OR PLACE OF ORGANIZATION

    USA     
- -------------------------------------------------------------------------------
                5  SOLE VOTING POWER

                   19,000
  NUMBER OF     ---------------------------------------------------------------
   SHARES       6  SHARED VOTING POWER
BENEFICIALLY
  OWNED BY         644,521*
    EACH        ---------------------------------------------------------------
  REPORTING     7  SOLE DISPOSITIVE POWER
   PERSON       
    WITH           19,000
                ---------------------------------------------------------------
                8  SHARED DISPOSITIVE POWER
         
                   644,521*
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

  633,521*
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   12.5%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*

   IN
- -------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                              Page 2 of 8 pages
<PAGE>   8

CUSIP NO.   727909103               13G             PAGE   8   OF       PAGES
         ---------------                                 ----     -----

- -------------------------------------------------------------------------------
1  NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Martin J. Koldyke

- -------------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a)  /X/
                                                           (b)  / /
- -------------------------------------------------------------------------------
3  SEC USE ONLY


- -------------------------------------------------------------------------------
4  CITIZENSHIP OR PLACE OF ORGANIZATION

    USA     
- -------------------------------------------------------------------------------
                5  SOLE VOTING POWER

                   0
  NUMBER OF     ---------------------------------------------------------------
   SHARES       6  SHARED VOTING POWER
BENEFICIALLY
  OWNED BY         644,521*
    EACH        ---------------------------------------------------------------
  REPORTING     7  SOLE DISPOSITIVE POWER
   PERSON       
    WITH           0
                ---------------------------------------------------------------
                8  SHARED DISPOSITIVE POWER
         
                   644,521*
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

  644,521*
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   12.5%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*

   IN
- -------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                              Page 2 of 8 pages
<PAGE>   9

CUSIP NO.   727909103               13G             PAGE  9    OF       PAGES
         ---------------                                 ----     -----

- -------------------------------------------------------------------------------
1  NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Martin Laird Koldyke

- -------------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a)  /X/
                                                           (b)  / /
- -------------------------------------------------------------------------------
3  SEC USE ONLY


- -------------------------------------------------------------------------------
4  CITIZENSHIP OR PLACE OF ORGANIZATION

    USA     
- -------------------------------------------------------------------------------
                5  SOLE VOTING POWER

                   0
  NUMBER OF     ---------------------------------------------------------------
   SHARES       6  SHARED VOTING POWER
BENEFICIALLY
  OWNED BY         644,521*
    EACH        ---------------------------------------------------------------
  REPORTING     7  SOLE DISPOSITIVE POWER
   PERSON       
    WITH           0
                ---------------------------------------------------------------
                8  SHARED DISPOSITIVE POWER
         
                   644,521*
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

  644,521*
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   12.5%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*

   IN
- -------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                              Page 2 of 8 pages
<PAGE>   10

CUSIP NO.   727909103               13G             PAGE  10   OF       PAGES
         ---------------                                 ----     -----

- -------------------------------------------------------------------------------
1  NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Roger S. McEniry

- -------------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a)  /X/
                                                           (b)  / /
- -------------------------------------------------------------------------------
3  SEC USE ONLY


- -------------------------------------------------------------------------------
4  CITIZENSHIP OR PLACE OF ORGANIZATION

    USA     
- -------------------------------------------------------------------------------
                5  SOLE VOTING POWER

                   0
  NUMBER OF     ---------------------------------------------------------------
   SHARES       6  SHARED VOTING POWER
BENEFICIALLY
  OWNED BY         644,521*
    EACH        ---------------------------------------------------------------
  REPORTING     7  SOLE DISPOSITIVE POWER
   PERSON       
    WITH           0
                ---------------------------------------------------------------
                8  SHARED DISPOSITIVE POWER
         
                   644,521*
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

  644,521*
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   12.5%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*

   IN
- -------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                              Page 2 of 8 pages
<PAGE>   11

CUSIP NO.   727909103               13G             PAGE  11   OF       PAGES
         ---------------                                 ----     -----

- -------------------------------------------------------------------------------
1  NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Darcy J. Moore

- -------------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a)  /X/
                                                           (b)  / /
- -------------------------------------------------------------------------------
3  SEC USE ONLY


- -------------------------------------------------------------------------------
4  CITIZENSHIP OR PLACE OF ORGANIZATION

    Canada  
- -------------------------------------------------------------------------------
                5  SOLE VOTING POWER

                   0
  NUMBER OF     ---------------------------------------------------------------
   SHARES       6  SHARED VOTING POWER
BENEFICIALLY
  OWNED BY         644,521*
    EACH        ---------------------------------------------------------------
  REPORTING     7  SOLE DISPOSITIVE POWER
   PERSON       
    WITH           0
                ---------------------------------------------------------------
                8  SHARED DISPOSITIVE POWER
         
                   644,521*
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

  644,521*
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   12.5%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*

   IN
- -------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                              Page 2 of 8 pages
<PAGE>   12

CUSIP NO.   727909103               13G             PAGE  12   OF       PAGES
         ---------------                                 ----     -----

- -------------------------------------------------------------------------------
1  NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Laura P. Pearl

- -------------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a)  /X/
                                                           (b)  / /
- -------------------------------------------------------------------------------
3  SEC USE ONLY


- -------------------------------------------------------------------------------
4  CITIZENSHIP OR PLACE OF ORGANIZATION

    USA     
- -------------------------------------------------------------------------------
                5  SOLE VOTING POWER

                   19,000
  NUMBER OF     ---------------------------------------------------------------
   SHARES       6  SHARED VOTING POWER
BENEFICIALLY
  OWNED BY         644,521*
    EACH        ---------------------------------------------------------------
  REPORTING     7  SOLE DISPOSITIVE POWER
   PERSON       
    WITH           19,000
                ---------------------------------------------------------------
                8  SHARED DISPOSITIVE POWER
         
                   644,521*
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

  633,521*
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   12.9%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*

   IN
- -------------------------------------------------------------------------------

                     *SEE INSTRUCTION BEFORE FILLING OUT!


                              Page 2 of 8 pages
<PAGE>   13
        *       Beneficial ownership is disclaimed pursuant to Rule 13d-4.
<PAGE>   14
                                  SCHEDULE 13G

ITEM 1. SECURITY AND ISSUER.
        
        Security:                       Common Stock
        
        Issuer:                         Platinum Entertainment, Inc.
                                        2001 Butterfield Road
                                        Suite 1400
                                        Downers Grove, IL 60515

ITEM 2. IDENTITY AND BACKGROUND.

    (a) Name:   Frontenac VI Limited Partnership
                Frontenac Company (general partner of Frontenac VI)
                James E. Cowie (general partner of Frontenac Company)
                Paul D. Carbery (general partner of Frontenac Company)
                James E. Crawford, III (general partner of Frontenac Company) 
                Rodney L. Goldstein (general partner of Frontenac Company)
                Martin J. Koldyke (general partner of Frontenac Company)
                M. Laird Koldyke (general partner of Frontenac Company)
                Roger S. McEniry (general partner of Frontenac Company)
                Darcy J. Moore (general partner of Frontenac Company)
                Laura P. Pearl (general partner of Frontenac Company)

    (b) Address:  135 S. LaSalle Street, Suite 3800
                  Chicago, IL  60603

        Citizenship:  See Item 4 of each of pages 2 to 12

    (c) Principal Business:  Private Equity Investment Fund

    (d) Title of Class of Securities:  Common Stock

    (e) CUSIP Number:

ITEM 3.    N/A

ITEM 4.    OWNERSHIP

               (a)     Amount Beneficially Owned:  See Item 9 of each of pages
                       2-12 for the beneficial ownership of each member of the
                       group, and footnote 1 below.                    
<PAGE>   15
               (b)     Percent of Class:  See Item 11 of each of pages 2-12 for
                       the percent of class beneficially owned by each member of
                       the group, and footnote 1 below.

               (c)     Number of shares as to which such person has:

                       (i)    sole power to vote or direct the vote:  See Item
                              5 of each of pages 2-12 for the information
                              regarding each member of the group, and footnote 1
                              below.

                       (ii)   shared power to vote or direct the vote:  See Item
                              6 of each of pages 2-12 for the information 
                              regarding each member of the group, and 
                              footnote 1 below.

                       (iii)  sole power to dispose or to direct the
                              disposition of:  See Item 7 of each of pages 2-12
                              for the information regarding each member of
                              the group, and footnote 1 below.

                       (iv)   shared power to dispose or to direct the
                              disposition of:  See Item 8 of each of pages 2-12
                              for the information regarding each member of the
                              group, and footnote 1 below.

Each of Frontenac Company, Mr. Carbery, Mr. Cowie, Mr. Crawford, Mr. Goldstein,
Mr. Martin Koldyke, Mr. M. Laird Koldyke, Mr. McEniry, Ms. Moore and Ms. Pearl
expressly declares that the filing of this Schedule 13G shall not be construed
as an admission that such entity or person is, for purposes of Section 13(d)
or Section 13(g), the beneficial owner of the securities of Issuer identified in
this Schedule 13G.


- ---------------

        1  Frontenac VI Limited Partnership ("Frontenac VI") is the beneficial
and record holder of 644,521 common shares of the issuer.  Frontenac Company,
as the general partner of Frontenac VI, has the sole power to direct the vote
of and direct the disposition of the shares held by Frontenac VI.  Mr. Carbery,
Mr. Cowie, Mr. Crawford, Mr. Goldstein, Mr. M.J. Koldyke, Mr. M.L. Koldyke,
Mr. McEniry, Ms. Moore and Ms. Pearl are general partners of Frontenac Company,
with the shared power to indirectly direct the voting of and the disposition of
the common shares held by  Frontenac VI.
<PAGE>   16
                                   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 13, 1997



Frontenac VI Limited Partnership

By:  Frontenac Company, 
     its general partner

By:  Karen C. Fanelli
     -----------------------------
     Karen C. Fanelli, under power of attorney
       for Frontenac Company



Frontenac Company

By:  Karen C. Fanelli
     -------------------------------
     Karen C. Fanelli, under power of attorney
      for Frontenac Company
<PAGE>   17
Schedule 13G of
Frontenac VI Limited Partnership, et.al.



      Karen C. Fanelli
- ---------------------------------
Karen C. Fanelli, Under Power of Attorney for:
        Paul D. Carbery
        James E. Cowie
        James E. Crawford, III
        Rodney L. Goldstein
        M. Laird Koldyke
        Martin J. Koldyke
        Roger S. McEniry
        Darcy J. Moore
        Laura P. Pearl


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