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<PAGE>
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SIGNATURE DAVID J. KEALEY
TITLE SR. ADMINISTRATOR
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains Summary Financial Information extracted from the Capital
Appreciation Portfolio Semiannual Report dated March 31, 1996, and is qualified
in its entirety by reference to such Semiannual Report.
</LEGEND>
<CIK> 0000895571
<NAME> CAPITAL APPRECIATION PORTFOLIO
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