<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
ANNUAL REPORT
Pursuant to Section 15 (d)
of the Securities Exchange Act of 1934
for the year ended December 31, 1999
TRUMP SAVINGS PLAN
(Formerly Trump Casino Savings Plan)
(Full title of the Plan)
TRUMP HOTELS AND CASINO RESORTS, INC.
(Name of Issuer of the securities held pursuant to the Plan)
1000 Boardwalk
Atlantic City, New Jersey 08401
(Address of principal executive office)
<PAGE>
TRUMP SAVINGS PLAN
(formerly Trump Casino Services Savings Plan)
FINANCIAL STATEMENTS
AS OF DECEMBER 31, 1999 AND 1998
TOGETHER WITH AUDITORS' REPORT
<PAGE>
INDEX
<TABLE>
<CAPTION>
Page
-----
<S> <C>
REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS 1
FINANCIAL STATEMENTS
Statements of Net Assets Applicable to Participants' Equity as of December 31, 1999 and 1998 2
Statement of Changes in Net Assets Applicable to Participants' Equity for the Year Ended
December 31, 1999 3
NOTES TO FINANCIAL STATEMENTS 4-8
SUPPLEMENTAL SCHEDULES:
I -- Item 27a - Schedule of Assets Held for Investment Purposes as of December 31, 1999 9
II -- Item 27d - Schedule of Reportable Transactions for the Year Ended December 31, 1999 10
</TABLE>
<PAGE>
REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS
To the Benefits Committee of the Trump Savings Plan:
We have audited the accompanying statements of net assets applicable to
participants' equity of the Trump Savings Plan (formerly Trump Casino Services
Savings Plan) (the "Plan") as of December 31, 1999 and 1998, and the related
statement of changes in net assets applicable to participants' equity for the
year ended December 31, 1999. These financial statements and the schedules
referred to below are the responsibility of the Plan's management. Our
responsibility is to express an opinion on these financial statements and
schedules based on our audits.
We conducted our audits in accordance with auditing standards generally accepted
in the United States. Those standards require that we plan and perform the
audit to obtain reasonable assurance about whether the financial statements are
free of material misstatement. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the financial statements. An
audit also includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall financial
statement presentation. We believe that our audits provide a reasonable basis
for our opinion.
In our opinion, the financial statements referred to above present fairly, in
all material respects, the net assets applicable to participants' equity of the
Plan as of December 31, 1999 and 1998, and the changes in its net assets
applicable to participants' equity for the year ended December 31, 1999, in
conformity with accounting principles generally accepted in the United States.
Our audits were performed for the purpose of forming an opinion on the basic
financial statements taken as a whole. The supplemental schedules of assets
held for investment purposes and reportable transactions are presented for the
purposes of additional analysis and are not a required part of the basic
financial statements but are supplementary information required by the
Department of Labor's Rules and Regulations for Reporting and Disclosure under
the Employee Retirement Income Security Act of 1974. The fund information in
the statements of net assets applicable to participants' equity is presented for
purposes of additional analysis rather than to present the net assets applicable
to participants' equity of each fund. The supplemental schedules and fund
information have been subjected to the auditing procedures applied in the audits
of the basic financial statements and, in our opinion, are fairly stated in all
material respects in relation to the basic financial statements taken as a
whole.
ARTHUR ANDERSEN LLP
Roseland, New Jersey
May 26, 2000
<PAGE>
TRUMP SAVINGS PLAN
(formerly Trump Casino Services Savings Plan)
STATEMENT OF NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY
AS OF DECEMBER 31, 1999 AND 1998
<TABLE>
<CAPTION>
1999 1998
----------- ----------
ASSETS:
Investments at market value (Notes 1 and 3)-
<S> <C> <C>
The Chicago Trust Company Stated Principal Value Investment
Trust Fund $ 9,007,412 $ 691,743
SoGen International Fund 1,564,137 226,048
Massachusetts Investors Trust Fund 10,712,847 1,449,596
Oppenheimer Quest Value Fund 3,013,109 429,513
Oppenheimer Quest Opportunity Value Fund 5,153,831 889,171
Montag & Caldwell Growth Fund 16,682,538 1,951,327
AIM Constellation Fund 4,613,252 477,599
Templeton Foreign Fund 5,057,337 544,211
Oppenheimer Quest Capital Value Fund 6,093,030 867,874
Davis New York Venture Fund 1,907,755 302,875
Franklin Small Cap Growth Fund 2,608,361 76,840
Montag & Caldwell Balanced Fund 111,548 -
Pimco Total Return Fund 93,588 -
Vanguard Index 500 Fund 2,310,612 -
GAM International Fund 71,428 -
Trump Hotels & Casino Resorts, Inc. Common Stock 1,345,410 55,994
Participants' Loans Receivable 7,643,322 619,743
Other 598,641 (39,339)
Contributions Receivable from Participants 141,821 30,614
----------- ----------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY $78,729,979 $8,573,809
=========== ==========
The accompanying notes to financial statements are an integral part of these statements.
</TABLE>
2
<PAGE>
TRUMP SAVINGS PLAN
(formerly Trump Casino Services Savings Plan)
STATEMENT OF CHANGES IN NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY
FOR THE YEAR ENDED DECEMBER 31, 1999
<TABLE>
<S> <C>
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, beginning of year $ 8,573,809
-----------
ADDITIONS:
Additions to net assets attributed to-
Contributions-
Participants 2,849,518
Plan Sponsor (net of forfeitures) 1,092,124
Participant Rollovers 10,673
-----------
Total contributions 3,952,315
-----------
Investment income-
Dividend income 3,801,109
Interest income 309,036
Realized/unrealized appreciation of investments 1,923,039
-----------
Total investment income 6,033,184
-----------
Merger from Trump Indiana Saving Plan and Trump Plaza Hotel and Casino
Savings Plan 63,520,709
-----------
Total additions 73,506,208
-----------
DEDUCTIONS:
Deductions from net assets attributed to-
Distributions to participants 2,417,740
Administrative expenses 52,935
Transfers to related plans 879,363
-----------
Total deductions 3,350,038
-----------
Net increase 70,156,170
-----------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, end of year $78,729,979
===========
The accompanying notes to financial statements are an integral part of this statement.
</TABLE>
3
<PAGE>
TRUMP SAVINGS PLAN
(formerly Trump Casino Services Savings Plan)
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 1999 AND 1998
1. SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES
-------------------
Basis of Accounting
-------------------
The accompanying financial statements of the Trump Savings Plan (formerly Trump
Casino Services Savings Plan) (the "Plan") have been prepared on the accrual
basis of accounting.
Plan Expenses
-------------
Expenses related to the administration of the Plan have been paid by Trump
Casino Services, L.L.C. (the "Plan Sponsor"). These costs represent trustee
fees and professional services and amounted to approximately $65,000 in 1999.
Investments
-----------
The investments included in the statements of net assets applicable to
participants' equity are stated at market value. Market value, which is
equivalent to current value, is the unit valuation of the security at the plan
year-end as determined by The Chicago Trust Company, the trustee of the Plan
(the "Trustee"). Accounting records are maintained on the accrual basis,
investment transactions are recorded on the trade date basis and gains and
losses are calculated based upon an aggregate participant cost that is
maintained on an average unit cost basis.
Use of Estimates
----------------
The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amount of net assets and disclosure of contingent assets and
liabilities at the date of the financial statements and the reported amounts of
revenues and expenses during the reporting period. Actual results could differ
from those estimates.
Risks and Uncertainties
------------------------
The Plan provides for various investment options in investment securities.
Investment securities are exposed to various risks, such as interest rate,
market and credit. Due to the level of risk associated with certain investment
securities and the level of uncertainty related to changes in the value of
investment securities, it is at least reasonably possible that changes in risks
in the near term could materially affect participant's account balances and the
amounts reported in the statements of net assets applicable to participants'
equity and the statement of changes in net assets applicable to participants'
equity.
2. PLAN DESCRIPTION
----------------
The following description of the Plan provides only general information.
Participants should refer to the Plan document for a more complete description
of the Plan's provisions.
4
<PAGE>
TRUMP SAVINGS PLAN
(formerly Trump Casino Services Savings Plan)
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 1999 AND 1998
General
-------
The Plan is a 401(k) Savings Plan, which was established by the Plan Sponsor and
became effective on January 1, 1997. All full or part-time non-union employees
become eligible for participation in the Plan on the enrollment date immediately
following the completion of 12 months of service and the attainment of age 18.
In addition, union employees covered by a collective bargaining agreement that
provides for participation in the Plan may enroll upon meeting the same
requirements as non-union employees. (Effective January 1, 2000, an employee
becomes eligible for participation in the Plan immediately following the
completion of 12 months of service.)
The Plan is administered by a committee appointed by the Plan Sponsor (the "Plan
Administrator"). The Chicago Trust Company was appointed as the trustee of the
Plan by the Plan Administrator.
Contributions
-------------
Participants
------------
Non-highly compensated participants, as defined, are eligible to voluntarily
contribute to the Plan up to 15% of their annual compensation (effective January
1, 1999, 20% of annual compensation), as defined. Highly compensated
participants, as defined, are eligible to voluntarily contribute to the Plan up
to 7% of their annual compensation, as defined. Tax deferred contributions are
subject to a limit by the Internal Revenue Code. The 1999 limit was $10,000 per
participant. Contributions to the Plan are invested by the Trustee, as
designated by the participant, in increments of 5%.
Plan Sponsor
------------
The Plan Sponsor contributes to the Plan 50% of each participant's
contributions, not to exceed 3% of the participant's annual compensation, as
defined.
Participant Rollovers
---------------------
The Plan permits eligible participants, as defined, to rollover cash or other
property acceptable to the Plan Administrator from another qualified plan in
addition to qualified voluntary participant contributions.
Distributions to Participants
-----------------------------
Each participant has a fully vested interest in the amount of his or her
contributions together with the allocable Plan earnings. Contributions from the
Plan Sponsor vest based on the vesting schedule described below. The full value
of the participant's vested interest in his or her account in the Plan will be
distributed upon termination of the participant's employment. The normal form
of payment is by lump sum; however, if a participant's vested benefit from all
contributions exceeds $5,000, a participant has the right to receive payment in
equal periodic monthly, quarterly, semi-annual or annual installments over a
period not to exceed ten years.
A participant may also withdraw all or part of his or her account upon
attainment of age 59-1/2 or financial hardship, as defined in the Plan.
5
<PAGE>
TRUMP SAVINGS PLAN
(formerly Trump Casino Services Savings Plan)
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 1999 AND 1998
Upon termination of employment prior to eligibility for retirement, a
participant is eligible to receive the vested balance in his or her account.
There were no payments due to participants who have requested to withdraw their
funds prior to December 31, 1999 or 1998.
Vesting
-------
Voluntary contributions are fully vested at all times and are not subject to
forfeiture.
The Plan Sponsor's contributions vest based upon the participant's years of
continuous service as follows-
Years of Continuous Service Percentage Vested
--------------------------- -----------------
Less than two years 0%
Two years 25%
Three years 50%
Four years 75%
Five years or more 100%
Forfeitures
-----------
The portion of a former participant's account which is not distributed because
of the vesting provision will reduce the amount of the Plan Sponsor's future
contributions. During 1999, $68,695 was used to reduce Plan Sponsor
contributions. As of December 31, 1999 and 1998, $121,000 and $23,000 were
available to reduce future Plan Sponsor contributions, respectively.
Loans
-----
The Plan permits participants to borrow from their accounts at terms established
by the Plan Administrator. Participants may borrow up to the lesser of $50,000
or 50% of their vested account balance for specific reasons, as defined by the
Plan. Each loan is secured by the borrower's vested interest in the Plan and is
subject to other requirements, as defined. Interest on loans is charged at a
rate that is comparable to similar loans made by commercial lenders. Loans
outstanding as of December 31, 1999 had interest rates ranging from 8.75% to
9.50%. Loan repayment terms range up to five years (fifteen years if the loan
was used to purchase a primary residence). A small administrative fee is
required to process all loans.
3. INVESTMENTS
-----------
Participants can invest their funds in sixteen available investment vehicles as
described below-
Money Market Fund
-----------------
The Chicago Trust Company Stated Principal Value Investment Trust Fund - A money
----------------------------------------------------------------------
market equivalent account. This fund invests in short-term high quality
financial instruments issued by insurance companies and banks.
6
<PAGE>
TRUMP SAVINGS PLAN
(formerly Trump Casino Services Savings Plan)
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 1999 AND 1998
Mutual Funds
------------
SoGen International Fund - A multi-asset global mutual fund. The investment
------------------------
objective and style of this fund is to provide long-term growth of capital by
investing primarily in common stocks of United States and foreign companies.
Massachusetts Investors Trust Fund - A growth and income mutual fund. The
----------------------------------
investment objective of this fund is to provide reasonable current income and
long-term growth of capital and income.
Oppenheimer Quest Value Fund - An equity mutual fund. The investment objective
----------------------------
of this fund is to seek capital appreciation by investing primarily in equity
securities believed to be undervalued in relation to factors such as the
companies' assets, earnings or growth potential.
Oppenheimer Quest Opportunity Value Fund - An asset allocation mutual fund. The
----------------------------------------
investment objective and style of this fund is to seek long-term capital
appreciation by investing in stocks, bonds and cash equivalents.
Montag & Caldwell Growth Fund - An equity growth mutual fund. The investment
-----------------------------
objective of this fund is to seek long-term capital appreciation consistent
primarily with investments in a combination of equity, convertible, fixed-income
and short-term securities.
AIM Constellation Fund - An aggressive equity mutual fund. The investment
----------------------
objective of this fund is to seek capital appreciation through investments in
common stocks, with emphasis on medium-sized and smaller emerging growth
companies.
Templeton Foreign Fund - Mutual fund investing in virtually any type of security
----------------------
in any country outside of the United States, in developed or emerging markets.
The fund's objective is long-term capital growth.
Oppenheimer Quest Capital Value Fund - An equity mutual fund. The investment
------------------------------------
objective of this fund is to seek capital appreciation by investing primarily in
equity securities believed to be undervalued in relation to factors such as the
companies' assets, earnings, or growth potential or cash flows. This fund also
may invest in high-yield, noninvestment grade bonds.
Davis New York Venture Fund - Mutual fund investing primarily in equity
---------------------------
securities of United States and foreign companies with the objective of capital
appreciation.
Franklin Small Cap Growth Fund - Mutual fund investing in equity securities of
------------------------------
companies with a market capitalization of less than $1 billion.
Montag & Caldwell Balanced Fund - Mutual fund investing in various equity and
-------------------------------
debt securities to achieve total return.
Pimco Total Return Fund - An asset allocation mutual fund. The investment
------------------------
objective of this fund is to seek total return consistent with the preservation
of capital by investing in stocks, bonds and cash equivalents.
Vanguard Index 500 Fund - Mutual fund that seeks investment results that
-----------------------
correspond with the price and yield performance of the Standard & Poors 500
Index.
7
<PAGE>
TRUMP SAVINGS PLAN
(formerly Trump Casino Services Savings Plan)
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 1999 AND 1998
GAM International Fund - An equity mutual fund. The investment objective is
----------------------
long-term capital appreciation primarily through investing in equity markets
worldwide, excluding that of the United States.
Common Stock
------------
Trump Hotels & Casino Resorts, Inc. ("THCR") Common Stock - This is the common
----------------------------------------------------------
stock of the holding company that owns Trump Plaza Hotel & Casino, Trump Taj
Mahal Hotel & Casino, Trump Marina Hotel & Casino and Trump Indiana Inc.
4. TAX STATUS
----------
The Plan obtained its latest determination letter on February 18, 2000, which
covered all amendments through December 31, 1999, in which the Internal Revenue
Service stated that the Plan, as then designed, was in compliance with the
applicable requirements of the Internal Revenue Code.
5. PLAN TERMINATION
----------------
Effective September 3, 1999, the Plan was formed by the merger of the Trump
Plaza Hotel & Casino Savings Plan and Trump Indiana Savings Plan into the Trump
Casino Services Savings Plan (the "TCS Plan"). The TCS Plan was renamed the
Trump Savings Plan.
While the Plan Sponsor has not expressed any intent to terminate the Plan, the
Plan Sponsor may do so at any time subject to the provisions of the Employee
Retirement Income Security Act of 1974. In the event of termination, each
participant is entitled to the value of his or her separate account.
6. RELATED PARTY TRANSACTIONS
--------------------------
Certain Plan investments are shares of a money market fund managed by The
Chicago Trust Company. The Chicago Trust Company is the Trustee as defined by
the Plan and, therefore, these transactions qualify as party-in-interest.
Certain Plan investments include shares of THCR common stock ("Common Stock")
and, therefore, these transactions qualify as party-in-interest. As of December
31, 1999 and 1998, the Plan holds Common Stock, with a market value of
$1,345,410 and $55,994, respectively. During the year ended December 31, 1999,
Common Stock was acquired at a cost of $933,807; and Common Stock was sold with
an original cost basis of $332,223.
The Plan Sponsor has sister companies that also sponsor similar Savings Plans.
Transactions between the Plan and plans sponsored by the sister companies during
1999 were as follows-
<TABLE>
<S> <C>
Transfers to the Trump Marina Hotel & Casino Savings Plan, net $ 111,948
Transfers to the Trump Plaza Hotel & Casino Savings Plan, net 318,535
Transfers to the Trump Capital Accumulation Plan, net 452,049
Transfers from the Trump Indiana Savings Plan, net (3,169)
Transfers from the Trump Savings Plan, net (879,363)
-------------
Net Related Plan Transfers $ -
=============
</TABLE>
8
<PAGE>
TRUMP SAVINGS PLAN SCHEDULE I
ITEM 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES
AS OF DECEMBER 31, 1999
EMPLOYER IDENTIFICATION #22-3446804, PLAN NUMBER 001
<TABLE>
<CAPTION>
(b) Identity of issue,
borrower, lessor or (c) Description of investment including maturity date, (e) Market
(a) similar party rate of interest, collateral, par or maturity value (d) Cost Value
-- ------------------------ --------------------------------------------------------- ----------- -----------
<S> <C> <C> <C> <C>
* The Chicago Trust Company Stated Principal Value Investment Trust Fund, Money
Market Funds, 4,843,215 units of participation $ 8,306,938 $ 9,007,412
----------- -----------
SoGen Funds SoGen International Fund, Equity Securities, 63,454 units
of participation 1,643,019 1,564,137
MFS Funds Massachusetts Investors Trust Fund, Equity Securities,
511,353 units of participation 8,976,399 10,712,847
Oppenheimer Oppenheimer Quest Value Fund, Equity Securities, 160,871
units of participation 3,197,715 3,013,109
Oppenheimer Oppenheimer Quest Opportunity Value Fund, Equity and Debt
Securities, 149,560 units of participation 5,224,473 5,153,831
Montag Montag & Caldwell Growth Fund, Equity Securities, 481,598
units of participation 12,068,795 16,682,538
AIM Funds, Inc. AIM Constellation Fund, Equity Securities, 113,879 units
of participation 3,250,438 4,613,252
Templeton Funds, Inc. Templeton Foreign Fund, Equity Securities, 450,743 units
of participation 4,589,686 5,057,337
Oppenheimer Oppenheimer Quest Capital Value Fund, Equity and Debt
Securities, 204,739 units of participation 6,671,553 6,093,030
Davis Funds, Inc. Davis New York Venture Fund, Equity Securities, 66,334
units of participation 1,691,947 1,907,755
Franklin Funds, Inc. Franklin Small Cap Growth Fund, Equity Securities, 59,107
units of participation 1,852,765 2,608,361
Montag Montag & Caldwell Balanced Fund, Equity and Debt
Securities, 5,712 units of participation 109,367 111,548
Pimco Funds Pimco Total Return Fund, Equity and Debt Securities,
9,453, units of participation 96,687 93,588
Vanguard Funds Vanguard Index 500 Fund, Equity Securities, 17,242 units
of participation 2,142,865 2,310,612
GAM Funds GAM International Fund, Equity Securities, 2,221 units of
participation 59,632 71,428
----------- -----------
Total investment in mutual funds 51,575,341 59,993,373
----------- -----------
** Trump Hotels & Casino Trump Hotels & Casino Resorts, Inc. Common Stock, 398,640
Resorts, Inc. shares 2,285,092 1,345,410
----------- -----------
Participants' Loans Interest rates ranging from 8.75% to 9.50% and maturities
ranging from 2000 through 2014 7,643,322 7,643,322
----------- -----------
$69,810,693 $77,989,517
=========== ===========
* Denotes party-in-interest
**Denotes related party
The accompanying notes to financial statements are an integral part of this schedule.
</TABLE>
9
<PAGE>
SCHEDULE II
ITEM 27d - SCHEDULE OF REPORTABLE TRANSACTIONS
FOR THE YEAR ENDED DECEMBER 31, 1999 (A)
EMPLOYER IDENTIFICATION #22-3446804, PLAN NUMBER 001
<TABLE>
<CAPTION>
(a) Identity of Party Involved (b) Description of Asset (c) Purchase Price (d) Selling Price
---------------------------------- -------------------------- ------------------- ------------------
The Chicago Trust Company Stated Principal Value Investment Trust Fund-
<S> <C> <C> <C>
277 Purchases $ 3,839,738 N/A
316 Sales N/A $ 4,137,695
MFS Funds Massachusetts Investors Trust Fund-
220 Purchases 1,435,498 N/A
393 Sales N/A 1,809,318
Oppenheimer Oppenheimer Quest Value Fund
146 Purchases 759,309 N/A
314 Sales N/A 633,271
Oppenheimer Quest Opportunity Value Fund-
387 Purchases 1,254,409 N/A
142 Sales N/A 1,043,976
Montag Montag & Caldwell Growth Fund-
249 Purchases 2,678,028 N/A
392 Sales N/A 2,842,294
AIM Funds, Inc. AIM Constellation Fund-
122 Purchases 754,089 N/A
278 Sales N/A 620,643
Templeton Funds, Inc. Templeton Foreign Fund-
208 Purchases 791,080 N/A
320 Sales N/A 708,782
Oppenheimer Quest Capital Value Fund-
184 Purchases 1,514,624 N/A
323 Sales N/A 1,088,653
Davis Funds, Inc. Davis New York Venture Fund-
188 Purchases 655,892 N/A
192 Sales N/A 478,855
Franklin Franklin Small Cap Growth Fund-
183 Purchases 1,649,307 N/A
146 Sales N/A 596,341
Vanguard Vanguard Index 500 Fund-
177 Purchases 1,593,800 N/A
70 Sales N/A 565,151
Trump Hotels & Casino Resorts, Inc. Trump Hotels & Casino Resorts, Inc. Common Stock -
184 Purchases 933,807 N/A
124 Sales N/A 297,802
The Chicago Trust Company Loan Fund-
108 Purchases 2,168,901 N/A
178 Sales N/A 16,133,521
</TABLE>
<TABLE>
<CAPTION>
(h) Current value
of Asset
(a) Identity of Party Involved (b) Description of Asset (g) Cost of Asset on Transaction Date
---------------------------------- -------------------------- ------------------ -------------------
The Chicago Trust Company Stated Principal Value Investment Trust Fund-
<S> <C> <C> <C>
277 Purchases $ 3,839,738 $ 3,839,738
316 Sales 4,000,942 4,137,695
MFS Funds Massachusetts Investors Trust Fund-
220 Purchases 1,435,498 1,435,498
393 Sales 1,606,195 1,809,318
Oppenheimer Oppenheimer Quest Value Fund
146 Purchases 759,309 759,309
314 Sales 617,767 633,271
Oppenheimer Quest Opportunity Value Fund-
387 Purchases 1,254,409 1,254,409
142 Sales 971,204 1,043,976
Montag Montag & Caldwell Growth Fund-
249 Purchases 2,678,028 2,678,028
392 Sales 2,297,103 2,842,294
AIM Funds, Inc. AIM Constellation Fund-
122 Purchases 754,089 754,089
278 Sales 504,528 620,643
Templeton Funds, Inc. Templeton Foreign Fund-
208 Purchases 791,080 791,080
320 Sales 704,277 708,782
Oppenheimer Quest Capital Value Fund-
184 Purchases 1,514,624 1,514,624
323 Sales 1,098,417 1,088,653
Davis Funds, Inc. Davis New York Venture Fund-
188 Purchases 655,892 655,892
192 Sales 443,805 478,855
Franklin Franklin Small Cap Growth Fund-
183 Purchases 1,649,307 1,649,307
146 Sales 478,326 596,341
Vanguard Vanguard Index 500 Fund-
177 Purchases 1,593,800 1,593,800
70 Sales 556,725 565,151
Trump Hotels & Casino Resorts, Inc. Trump Hotels & Casino Resorts, Inc. Common Stock -
184 Purchases 933,807 933,807
124 Sales 332,223 297,802
The Chicago Trust Company Loan Fund-
108 Purchases 2,168,901 2,168,901
178 Sales 16,133,521 16,133,521
</TABLE>
<TABLE>
<CAPTION>
(a) Identity of Party Involved (b) Description of Asset (i) Net Gain (Loss
---------------------------------- -------------------------- -------------------
The Chicago Trust Company Stated Principal Value Investment Trust Fund-
<S> <C> <C>
277 Purchases N/A
316 Sales $ 136,753
MFS Funds Massachusetts Investors Trust Fund-
220 Purchases N/A
393 Sales 203,123
Oppenheimer Oppenheimer Quest Value Fund
146 Purchases N/A
314 Sales 15,504
Oppenheimer Quest Opportunity Value Fund-
387 Purchases N/A
142 Sales 72,772
Montag Montag & Caldwell Growth Fund-
249 Purchases N/A
392 Sales 545,191
AIM Funds, Inc. AIM Constellation Fund-
122 Purchases N/A
278 Sales 116,115
Templeton Funds, Inc. Templeton Foreign Fund-
208 Purchases N/A
320 Sales 4,505
Oppenheimer Quest Capital Value Fund-
184 Purchases N/A
323 Sales (9,764)
Davis Funds, Inc. Davis New York Venture Fund-
188 Purchases N/A
192 Sales 35,050
Franklin Franklin Small Cap Growth Fund-
183 Purchases N/A
146 Sales 118,015
Vanguard Vanguard Index 500 Fund-
177 Purchases N/A
70 Sales 8,426
Trump Hotels & Casino Resorts, Inc. Trump Hotels & Casino Resorts, Inc. Common Stock -
184 Purchases N/A
124 Sales (34,421)
The Chicago Trust Company Loan Fund-
108 Purchases N/A
178 Sales -
</TABLE>
(A) Reportable transactions are those purchases and sales of the same security
which, individually or in the aggregate, exceed 5% of Plan assets at January 1,
1999.
The accompanying notes to financial statements are an integral part of this
schedule.
10
