<PAGE> 1
THIS CONFORMING PAPER FORMAT DOCUMENT IS BEING SUBMITTED
PURSUANT TO RULE 901(d) OF REGULATION S-T
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 16)
HANOVER DIRECT, INC.
(Name of Issuer)
Common Stock, $0.66 2/3 par value
(Title of Class of Securities)
440506 10 3
(CUSIP Number)
Thomas A. Huser, Esq.
Quadrant Management, Inc.
127 East 73rd Street
New York, New York 10021
(212) 439-9292
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 23, 1996
(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 this statement [ ] .
(Continued on following page(s))
<PAGE> 2
CUSIP NO. 440506 10 3 13D Page 2 of 33 Pages
Page 2 of 33 Pages
Exhibit Index Appears on Page 10
<PAGE> 3
CUSIP NO. 440506 10 3 13D Page 3 of 33 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NAR Group Limited (no Fed. I.D. No.)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER (a) [ ]
OF A GROUP (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS AF
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
NUMBER 7 SOLE VOTING POWER None
OF __________________________________________________
SHARES
BENEFICIALLY 8 SHARED VOTING POWER 83,038,689 shares
OWNED __________________________________________________
BY
EACH 9 SOLE DISPOSITIVE POWER None
REPORTING __________________________________________________
PERSON
WITH 10 SHARED DISPOSITIVE POWER 83,038,689 shares
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 83,038,689 shares
- --------------------------------------------------------------------------------
<PAGE> 4
CUSIP NO. 440506 10 3 13D Page 4 of 33 Pages
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES [ ]
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 58.5%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON CO, HC
- --------------------------------------------------------------------------------
<PAGE> 5
CUSIP NO. 440506 10 3 13D Page 5 of 33 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Alan Grant Quasha, S.S. No. ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER (a) [ ]
OF A GROUP (b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS [ ]
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A.
- --------------------------------------------------------------------------------
NUMBER 7 SOLE VOTING POWER None
OF __________________________________________________
SHARES
BENEFICIALLY 8 SHARED VOTING POWER 83,038,689 shares
OWNED __________________________________________________
BY
EACH 9 SOLE DISPOSITIVE POWER None
REPORTING __________________________________________________
PERSON
WITH 10 SHARED DISPOSITIVE POWER 83,038,689 shares
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 83,038,689 shares
- --------------------------------------------------------------------------------
<PAGE> 6
CUSIP NO. 440506 10 3 13D Page 6 of 33 Pages
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES [ ]
CERTAIN SHARES
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 58.5%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON IN
- --------------------------------------------------------------------------------
<PAGE> 7
CUSIP NO. 440506 10 3 13D Page 7 of 33 Pages
Item 1. Security and Issuer.
This Amendment No. 16 to Statement on Schedule 13D (the
"Amendment"), filed with respect to events that occurred on August 23, 1996,
relates to shares of Common Stock, par value $0.66-2/3 per share, of Hanover
Direct, Inc., a Delaware corporation (the "Common Stock" and the "Issuer",
respectively), whose principal executive offices are located at 1500 Harbor
Boulevard, Weehawken, New Jersey 07087. Unless otherwise indicated, each
capitalized term used but not defined herein shall have the meaning ascribed
thereto in the original Statement on Schedule 13D, as modified by Amendments No.
1 - 15 thereto (the "Amended Statement").
Item 2. Identity and Background.
This Statement is filed by NAR Group Limited, on behalf of
itself and its direct or indirect wholly owned subsidiaries, Quadrant Group
Limited ("QGL") and Westmark Holdings Limited ("Westmark") (individually or
collectively, as the context requires, "NAR"), and Alan G. Quasha ("Mr. Quasha")
(collectively, NAR and Mr. Quasha are sometimes hereinafter referred to as the
"Reporting Persons").
NAR is the beneficial owner of certain of the Issuer's
securities. Mr. Quasha, who is a director of the Issuer, has been designated by
the Board of Directors of NAR to oversee NAR's investment in the Issuer, and may
therefore be deemed to be an indirect beneficial owner of the Issuer's
securities beneficially owned by NAR. NAR's stockholders, Richemont Group
Limited ("Richemont Group"), Evansville Limited ("Evansville") and Mr. Quasha,
may be deemed to jointly control NAR. Richemont Group may be deemed to be
controlled, through intermediate entities (Richemont S.A. and Compagnie
Financiere Richemont AG), by Compagnie Financiere Ehrbar. Evansville may be
deemed to be controlled by the Phyllis Quasha Revocable Trust. Phyllis G.
Quasha, as the settlor of the Trust, may be deemed to control the Trust. Phyllis
G. Quasha is Mr. Quasha's mother. Mr. Quasha is one of the beneficiaries of the
Trust. Based upon the foregoing considerations, for purposes of General
Instruction C to Schedule 13D, Richemont Group, Richemont S.A., Compagnie
Financiere Richemont AG,
<PAGE> 8
CUSIP NO. 440506 10 3 13D Page 8 of 33 Pages
Compagnie Financiere Ehrbar, Evansville, the Phyllis Quasha Revocable Trust and
Phyllis G. Quasha (collectively, the "Instruction C Persons") may be deemed to
control NAR.
Exhibit A sets forth the name, place of organization,
principal business, address of principal business and address of principal
office of each of the Reporting Persons and Instruction C Persons.
The name, citizenship, business address and present principal
occupation or employment of each executive officer and director of the Reporting
Persons and Instruction C Persons, as well as the name, principal business and
address of the corporation or other organization in which such occupation or
employment is conducted, are set forth in Exhibit B.
During the five years prior to the date hereof, none of the
Reporting Persons nor, to the best of their knowledge, the Instruction C Persons
or any executive officer or director of any of the Reporting Persons or
Instruction C Persons, (i) has been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors) or (ii) has been a party
to a civil proceeding of a judicial or administrative body of competent
jurisdiction, as a result of which such person was or is subject to a judgment,
decree or final order 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.
Except as expressly set forth herein, the joint filing of this
Statement shall not be construed as an admission that any person named herein
is, for the purpose of Section 13(d) or (g) of the Securities Exchange Act or
for any other purpose, the indirect beneficial owner of any or all of the
securities of the Issuer beneficially owned directly by another person, and each
such person disclaims such indirect beneficial ownership, except that NAR does
not disclaim indirect beneficial ownership of securities of the Issuer
beneficially owned directly by QGL or Westmark.
<PAGE> 9
CUSIP NO. 440506 10 3 13D Page 9 of 33 Pages
Item 3. Source and Amount of Funds or Other Consideration.
The funds for purchase by NAR of the 248,600 shares of Common
Stock purchased during the period April 1995 through November 1995, an aggregate
of $444,537.50, came from the general corporate funds of NAR. The funds for
purchase of 30,914,830 shares of Common Stock in the Issuer's rights offering,
an aggregate of $31,842,274.90 came from the conversion of certain debt owed by
the Issuer to NAR.
The grant of options described in this Amendment was made
pursuant to, and in compliance with, the terms of the Employment Agreement
described in Item 4.
Item 4. Purpose of the Transaction.
During the period from April 1995 through November 1995, NAR purchased
an aggregate of 248,600 shares of Common Stock in transactions on the American
Stock Exchange. Such sales are detailed in Exhibit HH hereto.
On August 23, 1996 the Issuer completed its $50,000,000 rights
offering. In the rights offering, NAR received and exercised rights entitling it
to purchase 24,015,964 shares of Common Stock. In addition, in accordance with a
certain Standby Purchase Agreement between the Issuer and NAR, NAR exercised all
unsubscribed rights from the rights offering thereby purchasing an additional
6,898,866.
Pursuant to the Employment Agreement dated March 7, 1996
between the Issuer and Rakesh K. Kaul ("Mr. Kaul"), NAR, on August 23, 1996,
granted Mr. Kaul four options expiring March 7, 2002, and the first three
aniversaries thereof, respectively, for the purchase of 250,000 shares of Common
Stock each.
Item 5. Interest in Securities of the Issuer.
(a)&(b) The Issuer has a total of 142,044,492 shares of Common
Stock issued and outstanding as disclosed in the Issuer's press release dated
August 26, 1996.
<PAGE> 10
CUSIP NO. 440506 10 3 13D Page 10 of 33 Pages
Pursuant to Rule 13d-3, the Reporting Persons may be deemed to
beneficially own an aggregate of 83,038,689 shares of Common Stock, including
5,033,735 shares issuable upon conversion, exercise or exchange of other
securities as contemplated by rule 13d-3(d)(1)(i). Pursuant to Rule 13d-
3(d)(1)(i), such 83,038,689 shares of Common Stock constitute an aggregate of
approximately 58.5% of the outstanding Common Stock. For purposes of Section
13(d), the Reporting Persons may be deemed to have shared power to vote and
dispose of, or to direct the voting and disposition of, the securities referred
to in this paragraph.
(c) Other than the transactions described in this Statement,
no transactions in the shares of Common Stock have been effected during the past
60 days by the Reporting Persons, or, to the best of their knowledge, the
Instruction C Persons or any of the persons named in Exhibit B.
(d) Inapplicable.
(e) Inapplicable.
Item 6. Contracts, Arrangements, Understandings or Relationships
with respect to Securities of the Issuer.
Reference is hereby made to Items 3 and 4 hereof for a
description of certain contracts, arrangements, understandings and relationships
relating to the securities of the Issuer. Except as described therein, none of
the Reporting Persons nor, to the best of their knowledge, any executive officer
or director thereof, has any contract, arrangement, understanding or
relationship with one or more security holders of the Issuer or others, with
respect to the purchase, holding, voting or disposition of shares of Common
Stock or other securities of the Issuer which are convertible or exercisable
into such shares. Each of such persons reserves the right to enter into any such
contract, arrangement, understanding or relationship in the future.
Item 7. Material to be Filed as Exhibits. Page
Exhibit A: Information concerning 13
Reporting Persons (Amended).
<PAGE> 11
CUSIP NO. 440506 10 3 13D Page 11 of 33 Pages
Page
----
Exhibit B: Information concerning 24
Reporting Persons' Officers, Directors and Others
(Amended).
Exhibits C-GG: [Previously filed].
Exhibit HH: Purchase of Common Stock, 34
April 12, 1995 through November 15, 1995.
<PAGE> 12
CUSIP NO. 440506 10 3 13D Page 12 of 33 Pages
SIGNATURES
After reasonable inquiry and to the best of his, her or its
knowledge and belief, each of the undersigned certifies that the information set
forth in this statement is true, complete and correct.
Date: August 29, 1996
NAR GROUP LIMITED
By: /s/ Thomas A. Huser
-----------------------
Thomas A. Huser, its
Attorney-in-Fact
ALAN GRANT QUASHA
By: /s/ Thomas A. Huser
-----------------------
Thomas A. Huser, his
Attorney-in-Fact
<PAGE> 1
CUSIP NO. 440506 10 3 13D Page 13 of 33 Pages
EXHIBIT A
Name: NAR Group Limited
Place of Organization: British Virgin Islands
Principal Business: A holding company
Address of Principal Business: P.O. Box 438
Road Town, Tortola
British Virgin Islands
Address of Principal Office: P.O. Box 438
Road Town, Tortola
British Virgin Islands
<PAGE> 2
CUSIP NO. 440506 10 3 13D Page 14 of 33 Pages
EXHIBIT A
Name: Intercontinental Mining & Resources
Incorporated
Place of Organization: British Virgin Islands
Principal Business: A holding company
Address of Principal Business: P.O. Box 438
Road Town, Tortola
British Virgin Islands
Address of Principal Office: P.O. Box 438
Road Town, Tortola
British Virgin Islands
<PAGE> 3
CUSIP NO. 440506 10 3 13D Page 15 of 33 Pages
EXHIBIT A
Name: Quadrant Group Limited
Place of Organization: Bahamas
Principal Business: A holding company
Address of Principal Business: Euro Canadian Centre
Marlborough Street
Nassau, Bahamas
Address of Principal Office: Euro Canadian Centre
Marlborough Street
Nassau, Bahamas
<PAGE> 4
CUSIP NO. 440506 10 3 13D Page 16 of 33 Pages
EXHIBIT A
Name: Alan Grant Quasha
Business Address: c/o Quadrant Management, Inc.
127 East 73rd Street
New York, New York 10021
Principal Occupation: Business Executive
President of Quadrant Management,
Inc.
(see above address)
Citizenship: United States
<PAGE> 5
CUSIP NO. 440506 10 3 13D Page 17 of 33 Pages
EXHIBIT A
Name: Richemont Group Limited
Place of Organization: British Virgin Islands
Principal Business: A holding company
Address of Principal Business: CITCO Building
Wickhams Cay
Road Town, Tortola
British Virgin Islands
Address of Principal Office: CITCO Building
Wickhams Cay
Road Town, Tortola
British Virgin Islands
<PAGE> 6
CUSIP NO. 440506 10 3 13D Page 18 of 33 Pages
EXHIBIT A
Name: Richemont S.A.
Place of Organization: Luxembourg
Principal Business: A holding company
Address of Principal Business: 24-26 avenue de la Liberte
BP 1443
L-1930 Luxembourg
Address of Principal Office: 24-26 avenue de la Liberte
BP 1443
L-1930 Luxembourg
<PAGE> 7
CUSIP NO. 440506 10 3 13D Page 19 of 33 Pages
EXHIBIT A
Name: Compagnie Financiere Richemont AG
Place of Organization: Zug, Switzerland
Principal Business: A holding company
Address of Principal Business: Rigistrasse 2
6300 Zug, Switzerland
Address of Principal Office: Rigistrasse 2
6300 Zug, Switzerland
<PAGE> 8
CUSIP NO. 440506 10 3 13D Page 20 of 33 Pages
EXHIBIT A
Name: Compagnie Financiere Ehrbar
Place of Organization: Zug, Switzerland
Principal Business: A holding company
Address of Principal Business: Rigistrasse 2
6300 Zug, Switzerland
Address of Principal Office: Rigistrasse 2
6300 Zug, Switzerland
<PAGE> 9
CUSIP NO. 440506 10 3 13D Page 21 of 33 Pages
EXHIBIT A
Name: Evansville Limited
Place of Organization: British Virgin Islands
Principal Business: A holding company
Address of Principal Business: P.O. Box 438
Road Town, Tortola
British Virgin Islands
Address of Principal Office: P.O. Box 438
Road Town, Tortola
British Virgin Islands
<PAGE> 10
CUSIP NO. 440506 10 3 13D Page 22 of 33 Pages
EXHIBIT A
Name: Phyllis Quasha Revocable Trust
Place of Organization: Bermuda
Principal Business: A personal trust
Address of Principal Business: c/o Bermuda Trust Company Limited
Bank of Bermuda Building
Front Street
Hamilton, Bermuda HM11
Address of Principal Office: c/o Bermuda Trust Company Limited
Bank of Bermuda Building
Front Street
Hamilton, Bermuda HM11
<PAGE> 11
CUSIP NO. 440506 10 3 13D Page 23 of 33 Pages
EXHIBIT A
Name: Phyllis Grant Quasha
Residence Address: Flat 6, 31 Pont Street
London SW1, England
Principal Occupation: Private investor
Citizenship: Australia
<PAGE> 1
CUSIP NO. 440506 10 3 13D Page 24 of 33 Pages
EXHIBIT B
NAR GROUP LIMITED
<TABLE>
<CAPTION>
Position
Name with Company Occupation Principal Address
---- ------------ ---------- -----------------
<S> <C> <C> <C>
Yves-Andre Istel Director Vice Chairman 1251 Avenue of the
Rothschild, Inc. Americas, 51st Floor
New York, NY 10020
Jeffrey Laikind Director Managing Director 9 West 57th Street
Prudential-Bache New York, NY 10019
Investment Management
Eloy Michotte Director Business Executive, 15 Hill Street
Richemont London W1X 7FB
International, Ltd. England
Alan G. Quasha Director Business Executive, 127 East 73rd Street
Quadrant Management, New York, NY 10021
Inc.
Howard M.S. Tanner Director Business Executive, 15 Hill Street
Richemont London W1X 7FB
International, Ltd. England
Johann P. Rupert Director Business Executive, Rupert International
Rupert International (Pty) Ltd
(Pty) Ltd Alexander Street 34
Stellenbosch 7600
Republic of South
Africa
</TABLE>
<PAGE> 2
CUSIP NO. 440506 10 3 13D Page 25 of 33 Pages
EXHIBIT B
INTERCONTINENTAL MINING & RESOURCES INCORPORATED
<TABLE>
<CAPTION>
Position
Name with Company Occupation Principal Address
---- ------------ ---------- -----------------
<S> <C> <C> <C>
DGW Management Director Management Company P.O. Box 438
Ltd. Road Town, Tortola
British Virgin Islands
Integro Trust BVI Secretary Corporate Director P.O. Box 438
Limited Road Town, Tortola
British Virgin Islands
</TABLE>
<PAGE> 3
CUSIP NO. 440506 10 3 13D Page 26 of 33 Pages
EXHIBIT B
QUADRANT GROUP LIMITED
<TABLE>
<CAPTION>
Position
Name with Company Occupation Principal Address
---- ------------ ---------- -----------------
<S> <C> <C> <C>
Falkirk, S.A. Director Corporate Director New World Trustee
(Bahamas)
P.O. Box N-8327
Nassau, Bahamas
Pantiles, S.A. Director Corporate Director New World Trustee
(Bahamas)
P.O. Box N-8327
Nassau, Bahamas
Pantiles, S.A. Secretary Corporate Director New World Trustee
(Bahamas)
P.O. Box N-8327
Nassau, Bahamas
</TABLE>
<PAGE> 4
CUSIP NO. 440506 10 3 13D Page 27 of 33 Pages
EXHIBIT B
RICHEMONT GROUP LIMITED
<TABLE>
<CAPTION>
Position
Name with Company Occupation Principal Address
---- ------------ ---------- -----------------
<S> <C> <C> <C>
Kurt Nauer Director Business Executive, Rigistrasse 2
Compagnie Financiere 6300 Zug, Switzerland
Richemont AG
Dr. Max Ehrbar Director Attorney Kreuzstrasse 26
8008 Zurich Switzerland
Rene Gerber Director Business Executive, Kreuzstrasse 26
Edesa Management AG 8008 Zurich Switzerland
Eloy Michotte Director Business Executive, 15 Hill Street
Richemont London W1X 7FB
International Ltd. England
BVI Corporation Secretary Corporate Services CITCO Building,
Company Limited Corporation Wickhams Cay
Road Town, Tortola
British Virgin Islands
</TABLE>
<PAGE> 5
CUSIP NO. 440506 10 3 13D Page 28 of 33 Pages
EXHIBIT B
RICHEMONT S.A.
<TABLE>
<CAPTION>
Position
Name with Company Occupation Principal Address
---- ------------ ---------- -----------------
<S> <C> <C> <C>
Johann P. Rupert Executive Business Executive, Rupert International
Chairman Rupert (Pty) Ltd
International Alexander Street 34
p.l.c. Stellenbosch 7600
Republic of South
Africa
Eloy Michotte Executive Business Executive, 15 Hill Street
Director Richemont London W1X 7FB
International, Ltd. England
Jan du Plessis Finance Business Executive, Denham Place
Director Rothmans Village Road
International Denham Uxbridge
p.l.c. Middlesex UB9 5BL
England
Alan G. Quasha Director Business Executive, 127 East 73rd Street
Quadrant New York, NY 10021
Management, Inc.
Howard M.S. Tanner Executive Business Executive, 15 Hill Street
Director Richemont London W1X 7FB
International, Ltd. England
Joseph Kanoui Executive Business Executive, 6 Boulevard
Director Vendome Luxury James-Fazy
Group, SA 1201 Geneva Switzerland
Jean-Paul Aeschimann Director Attorney, Lenz & Grand Rue 25
Staehlin 1204 Geneva Switzerland
Rene Gerber Director Business Executive, Kreuzstrasse 26
Edesa Management AG 8008 Zurich Switzerland
</TABLE>
<PAGE> 6
CUSIP NO. 440506 10 3 13D Page 29 of 33 Pages
EXHIBIT B
COMPAGNIE FINANCIERE RICHEMONT AG
<TABLE>
<CAPTION>
Position
Name with Company Occupation Principal Address
---- ------------ ---------- -----------------
<S> <C> <C> <C>
Dr. Nikolaus Senn Chairman of Banker, Union Bank Bahnhofstrasse 45
the Board of of Switzerland 8001 Zurich Switzerland
Directors
Jean-Paul Aeschimann Deputy Attorney, Lenz & Grand Rue 25
Chairman of Staehlin 1204 Geneva
the Board of Switzerland
Directors
Johann P. Rupert Managing Business Executive, Rupert International
Director Rupert (Pty) Ltd
International (Pty) Alexander Street 34
Ltd Stellenbosch 7600
Republic of South
Africa
Jan du Plessis Finance Business Executive, Denham Place
Director Rothmans Village Road
International Denham Uxbridge
p.l.c. Middlesex UB9 5BL
England
Dr. Max Ehrbar Director Attorney, Private Kreuzstrasse 26
Practice 8008 Zurich Switzerland
Joseph Kanoui Director Business Executive, 6 Boulevard James
Vendome Luxury Fazy
Group SA 1201 Geneva
Switzerland
Rene Gerber Director Business Executive, Kreuzstrasse 26
Edesa Management AG 8008 Zurich Switzerland
Lord Swaythling Director Chairman, Rothmans 15 Hill Street
International London W1X 7FB
p.l.c. England
Yves-Andre Istel Director Vice Chairman 1251 Avenue of the
Rothschild, Inc. Americas, 51st Floor
New York, NY 10020
</TABLE>
<PAGE> 7
CUSIP NO. 440506 10 3 13D Page 30 of 33 Pages
EXHIBIT B
COMPAGNIE FINANCIERE EHRBAR
<TABLE>
<CAPTION>
Position
Name with Company Occupation Principal Address
---- ------------ ---------- -----------------
<S> <C> <C> <C>
Dr. Max Ehrbar Managing Attorney, Private Kreuzstrasse 26
Partner Practice 8008 Zurich Switzerland
Johann P. Rupert Managing Business Executive, Rupert Interational
Partner Rupert (Pty) Ltd
International (Pty) Alexander Street 34
Ltd Stellenbosch 7600
Republic of South
Africa
</TABLE>
<PAGE> 8
CUSIP NO. 440506 10 3 13D Page 31 of 33 Pages
EXHIBIT B
EVANSVILLE LIMITED
<TABLE>
<CAPTION>
Position
Name with Company Occupation Principal Address
---- ------------ ---------- -----------------
<S> <C> <C> <C>
F.M.C. Limited Director Corporate Director P.O. Box 438
Road Town, Tortola
British Virgin Islands
S.C.S. Limited Director Corporate Director P.O. Box 438
Road Town, Tortola
British Virgin Islands
Integro Trust Secretary Corporate Agent P.O. Box 438
(BVI) Limited Road Town, Tortola
British Virgin Islands
</TABLE>
<PAGE> 9
CUSIP NO. 440506 10 3 13D Page 32 of 33 Pages
EXHIBIT B
PHYLLIS QUASHA REVOCABLE TRUST
<TABLE>
<CAPTION>
Position
Name with Company Occupation Principal Address
---- ------------ ---------- -----------------
<S> <C> <C> <C>
Bermuda Trust Corporate Corporate Trustee Bank of Bermuda
Company Limited Trustee Front Street
Hamilton, Bermuda
HM11
Phyllis G. Quasha Settlor Private Investor Flat 6,
31 Pont Street
London SW1, England
</TABLE>
<PAGE> 1
CUSIP NO. 440506 10 3 13D Page 33 of 33 Pages
Exhibit HH:
Purchase of Common Stock,
April 12, 1995 through November 15, 1995.
<TABLE>
<CAPTION>
Number of Price Per
Date Shares Share
<S> <C> <C>
April 12, 1995 8,100 2 9/16
April 13, 1995 1,000 2 9/16
April 17, 1995 10,000 2 9/16
April 18, 1995 25,000 2 1/2
April 20, 1995 4,100 2 7/16
April 21, 1995 10,000 2 7/16
April 21, 1995 15,000 2 3/8
November 15, 1995 175,400 1 1/2
</TABLE>
