UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
SGL CARBON AKTIENGESELLSCHAFT
(NAME OF ISSUER)
ORDINARY SHARES,
NOMINAL VALUE DM 5 PER SHARE
(TITLE OF CLASS OF SECURITIES)
784188203
(CUSIP Number)
ROBERT LYNCH, ESQ. WITH COPIES TO: MANAGING DIRECTOR DONALD P. MADDEN,
ESQ. DEUTSCHE BANK WHITE & CASE NORTH AMERICA HOLDING CORP. 1155 AVENUE OF THE
AMERICAS 31 WEST 52ND STREET NEW YORK, NY 10036 NEW YORK, NY 10019 212-819-8800
212-474-8600
- --------------------------------------------------------------------------------
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND
COMMUNICATIONS)
NOVEMBER 27, 1997
-------------------------------------------------------
(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 ( ).
<PAGE>
SCHEDULE 13D
- --------------------------------- --------------------------------
CUSIP No. [[________]] Page 2 of 32 Pages
- --------------------------------- --------------------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DEUTSCHE BANK AG
- -------- ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) ( )
(B) ( )
- -------- ----------------------------------------------------------------------
3 SEC USE ONLY
- -------- ----------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- -------- ----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(D) OR 2(E) ( )
- -------- ----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
FEDERAL REPUBLIC OF GERMANY
- ----------------------------------- ------- -----------------------------------
NUMBER OF SHARES BENEFICIALLY 7 SOLE VOTING POWER
OWNED BY EACH REPORTING PERSON 40,450
WITH ------- -----------------------------------
8 SHARED VOTING POWER
2,168,504
------- -----------------------------------
9 SOLE DISPOSITIVE POWER
40,450
------- -----------------------------------
10 SHARED DISPOSITIVE POWER
2,796,321
- -------- ----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,836,771
- -------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
- -------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.50%
- -------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC, BK, CO
- -------- ----------------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- --------------------------------- --------------------------------
CUSIP No. [[________]] Page 3 of 32 Pages
- --------------------------------- --------------------------------
- -------- ----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MORGAN GRENFELL ASSET MANAGEMENT LIMITED
- -------- ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) ( )
(B) ( )
- -------- ----------------------------------------------------------------------
3 SEC USE ONLY
- -------- ----------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- -------- ----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(D) OR 2(E) ( )
- -------- ----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
ENGLAND
- ----------------------------------- ------- -----------------------------------
NUMBER OF SHARES BENEFICIALLY 7 SOLE VOTING POWER
OWNED BY EACH REPORTING PERSON 0
WITH ------- -----------------------------------
8 SHARED VOTING POWER
1,101,619
------- -----------------------------------
9 SOLE DISPOSITIVE POWER
0
------- -----------------------------------
10 SHARED DISPOSITIVE POWER
1,621,452
- -------- ----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,621,452
- -------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES ( )
- -------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.72%
- -------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC, BK, CO
- -------- ----------------------------------------------------------------------
<PAGE>
ITEM 1. SECURITY AND ISSUER
The response to this item set forth in the Schedule 13D filed on
August 7, 1997 is incorporated herein by reference as if set forth in this
amendment in its entirety.
ITEM 2. IDENTITY AND BACKGROUND
The response to this item set forth in the Schedule 13D filed on
August 7, 1997 is incorporated herein by reference as if set forth in this
amendment in its entirety.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The response to this item set forth in the Schedule 13D filed on
August 7, 1997 is deleted in its entirety and replaced by the following:
Since DBAG filed a Schedule 13D for SGL on August 7, 1997, DBAG and
DBAG Managers (as such term is defined in the response to Item 5(b)) have
purchased Ordinary Shares in open market transactions at prevailing market
prices. During such period, the market price of the Ordinary Shares ranged from
a high of DM 280 to a low of DM 219. The purchases of Ordinary Shares occurred
in the ordinary course of business of DBAG and DBAG Managers. As a result of
such purchases, DBAG is the owner of the shares set forth on the applicable
cover page.
Since DBAG filed a Schedule 13D for SGL on August 7, 1997, the DBAG
Managers, MGAM and MGAM Managers (as such term is defined in the response to
Item 5(b)) have purchased Ordinary Shares in open market transactions at
prevailing market prices. During such period, the market price of the Ordinary
Shares ranged from a high of DM 271 to a low of DM 220. The purchases of
Ordinary Shares occurred in the ordinary course of business of DBAG Managers and
the MGAM Managers for investment accounts or asset management portfolios over
which they exercised investment discretion.
ITEM 4. PURPOSE OF THE TRANSACTION
The response to this item set forth in the Schedule 13D filed on
August 7, 1997 is incorporated herein by reference as if set forth in this
amendment in its entirety.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
The response to this item set forth in the Schedule 13D filed on
August 7, 1997 is deleted in its entirety and replaced with the following:
(a)(i) DBAG may be deemed the beneficial owner of Ordinary Shares as
set forth on the applicable cover page.
(ii) MGAM may be deemed the beneficial owner of Ordinary Shares as set
forth on the applicable cover page.
(b)(i) DBAG may be deemed to have shared power to vote or to direct
the vote of Ordinary shares as set forth on the applicable cover page.
(ii) MGAM may be deemed to have shared power to vote or to direct the
vote of Ordinary shares as set forth on the applicable cover page.
In compliance with Item 5(b), the applicable information required by
Item 2 is provided below for each of the persons with whom DBAG and MGAM may be
deemed to share the power to dispose of or to direct the disposition of Ordinary
Shares and to vote or direct the vote of Ordinary Shares as set forth on the
applicable cover page.
Morgan Grenfell Investment Services Limited ("MGIS") is a wholly-owned
subsidiary of MGAM. The principal business of MGIS is as an investment
management company. MGIS is organized under the laws of England and Wales, and
the address of its principal place of business is 20 Finsbury Circus, London,
EC2M 1NB, England.
Morgan Grenfell International Fund Management Limited ("MGIFM") is a
wholly-owned subsidiary of MGAM. The principal business of MGIFM is as an
investment management company. MGIFM is organized under the laws of England and
Wales, and the address of its principal place of business is 20 Finsbury Circus,
London, EC2M 1NB, England.
Morgan Grenfell Investment Management Limited ("MGIM") is a
wholly-owned subsidiary of MGAM. The principal business of MGIM is as an
investment management company. MGIM is organized under the laws of England and
Wales, and the address of its principal place of business is 20 Finsbury Circus,
London, EC2M 1NB, England.
Tokai Morgan Grenfell International Fund Managment Limited ("TMG") is
a 40% owned associate company of MGAM. The principal business of TMG is as an
investment management company. TMG is organized under the laws of England and
Wales, and the address of its principal place of business is 20 Finsbury Circus,
London, EC2M 1NB, England.
The four entities described in the four preceding paragraphs are
collectively referred to as the MGAM Managers.
Deutsche Morgan Grenfell (C.I.) Limited ("DMGCI") is a wholly-owned
subsidiary of DBAG. The principal business of DMGCI is as an investment
management company. DMGCI is organized under the laws of the Channel Islands,
and the address of its principal place of business is St. Paul's Gate, New
Street, St. Helier, Jersey JE4 8ZB, Channel Islands.
Deutsche Gesellschaft fur Wertpapiersparen International Portfolio
Managment mbH ("DWSIP") is a wholly-owned subsidiary of DBAG. The principal
business of DWSIP is as an investment company. DWSIP is organized under the laws
of Germany, and the address of its principal place of business is Grueneburgweg
113-115, 60323 Frankfurt am Main, Germany.
DWS Investment (Schweiz) AG ("DWSIS") is a wholly-owned subsidiary of
DBAG. The principal business of DWSIS is as an investment management company.
DWSIS is organized under the laws of Switzerland, and the address of its
principal place of business is Bahnhofquai 15, CH-8023 Zurich, Switzerland.
Finanza & Futuro, S.p.A. ("FFS") is a wholly-owned subsidiary of DBAG.
The principal business of FFS is as an investment management company. FFS is
organized under the laws of Italy, and the address of its principal place of
business is Via Melchiorre Gioia, 8, I-20124 Milano, Italy.
Deutsche Bank (Suisse) S.A. ("DBS") is a wholly-owned subsidiary of
DBAG. The principal business of DBS is as an investment management company. DBS
is organized under the laws of Switzerland, and the address of its principal
place of business is Place des Bergues 3, 1211 Geneve 1, Switzerland.
Deutsche Bank Investment Management S.A. ("DBIM") is a wholly-owned
subsidiary of DBAG. The principal business of DBIM is as an investment
management company. DBIM is organized under the laws of Luxembourg, and the
address of its principal place of business is 2, Boulevard Konrad Adenauer,
L1115 Luxembourg.
Deutsche Asset Management GmbH ("DBAM") is a wholly-owned subsidiary
of DBAG. The principal business of DBAM is as an investment management company.
DBAM is organized under the laws of Germany, and its principal place of business
is Bockenheimer Landstrasse 42, 60323 Frankfurt am Main, Germany.
Deutsche Gesellschaft fur Wertpapiersparen mbH ("DWS") is a
wholly-owned subsidiary of DBAG. The principal business of DWS is as an
investment management company. DWS is organized under the laws of Germany, and
the address of its principal place of business is Grueneburgweg 113-115, 60323
Frankfurt am Main, Germany.
Deutsche Vermogensbildungsgellschaft mbH ("DVG") is a wholly-owned
subsidiary of DBAG. The principal business of DVG is as an investment management
company. DVG is organized under the laws of Germany, and the address of its
principal place of business is Feldbergstrasse 22, 60323 Frankfurt am Main,
Germany.
Deutsche Gesellschaft fur Fondsverwaltung mbH ("Degef") is a
wholly-owned subsidiary of DBAG. The principal business of Degef is as an
investment management company. Degef is organized under the laws of Germany, and
the address of its principal place of business is Bockenheimer Landstrasse 42,
60323 Frankfurt am Main, Germany.
Deutsche Bank Trust AG ("DBTAG") is a wholly-owned subsidiary of DBAG.
DBTAG's principal business is banking, including asset management. DBTAG is
organized under the laws of Germany and the address of its principal place of
business is Mainzer Landstr. 18, 6035 Frankfurt am Main, Germany.
The eleven entities described in the eleven preceding paragraphs are
collectively referred to as the DBAG Managers.
(c) During the past sixty days, DBAG, MGAM, the DBAG Managers and the
MGAM Managers have acquired or disposed of beneficial ownership of Ordinary
Shares as a result of market transactions on established exchanges. Such
transactions are set forth on Schedule B attached hereto.
(d) Except for Ordinary Shares held by DBAG in its proprietary trading
account, dividends received on Ordinary Shares described in this Schedule 13D
and proceeds from the sale thereof are received for the benefit of clients or
investment funds on whose behalf such Ordinary Shares have been acquired.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER
The response to this item set forth in the Schedule 13D filed on
August 7, 1997 is incorporated herein by reference as if set forth in this
amendment in its entirety.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS:
Exhibit No. Description
----------- -----------
1 Consent of Morgan Grenfell Asset Management
Limited
<PAGE>
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.
Dated: January 6, 1998
DEUTSCHE BANK AG
By: /s/ Dr. Dieter Eisele
--------------------------------
Name: Dr. Dieter Eisele
Title: Group Head of Compliance
By: /s/ Rondal Eric Powell
--------------------------------
Name: Rondal Eric Powell
Title: Vice President
<PAGE>
SCHEDULE A
I. DBAG
Each person named below is a director or executive officer of DBAG,
whose principal business is described above in Item 2.
<TABLE>
<CAPTION>
Present Principal
Name and Citizenship Business Address Occupation or Employment
- -------------------- ---------------- ------------------------
<S> <C> <C>
Carl L. von Boehm-Bezing Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Dr. Rolf-E. Breuer Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Michael Dobson Deutsche Bank AG Member of the Board of Managing
United Kingdom Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Dr. Michael Endres Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Dr. Tessen von Heydebreck Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Dr. Jurgen Krumnow Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Georg Krupp Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Dr. Ronaldo H. Schmitz Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Dr. Josef Ackermann Deutsche Bank AG Member of the Board of Managing
Swiss Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
Dr. Ulrich Weiss Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Bank AG
60325 Frankfurt
The Federal Republic of Germany
</TABLE>
<PAGE>
II. MGAM
Each person named below is a director or executive officer of
MGAM, whose principal business is described above in Item 2.
<TABLE>
<CAPTION>
Present Principal
Name and Citizenship Business Address Occupation or Employment
-------------------- ---------------- ------------------------
<S> <C> <C>
David W. Baldt Morgan Grenfell Capital Member of the Board of Managing
American Management Incorporated Directors, Morgan Grenfell Asset
1435 Walnut Street Management Limited
4th Floor
Philadelphia, PA 19102, USA
Graham D. Bamping Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Henry C. Benson Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Colin M. Brown Morgan Grenfell Development Member of the Board of Managing
British Capital Limited Directors, Morgan Grenfell Asset
23 Great Winchester Street Management Limited
London, England
EC2P 2AX
Timothy F. Brown Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Elizabeth B. Bryan Morgan Grenfell Asset Member of the Board of Managing
Australian Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Michael Bullock Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Simon J. Cooke Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Anthony J. Creighton Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
David T. Cumming Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors,
20 Finsbury Circus Morgan Grenfell Asset
London, England Management Limited
EC2M 1NB
Richard M. Curling Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Charles Z. Curtis Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Roger J. Curtis Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Susanna F. Davies Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Michael W.R. Dobson Deutsche Morgan Grenfell Group Plc Chairman of the Board of
British 23 Great Winchester Street Managing Directors, Morgan
London, England Grenfell Asset
EC2P 2AX Management Limited
Patrick W.W. Disney Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Ernst L. Drayss Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Asset
60325 Frankfurt Management GmbH
The Federal Republic of Germany
Neil R. Dunford Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
William P. Dwerryhouse Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
James G. Fox Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Charles James Maximilian Franklin Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Adrian C. Frost Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
James C.W. Goulding Morgan Grenfell Investment Member of the Board
British Management (Asia) Ltd of Managing
20 Raffles Place Directors, Morgan
#25-08 Ocean Towers Grenfell Asset
Singapore 0104 Management Limited
Martin A. Hall Morgan Grenfell Capital Member of the Board of Managing
British Management Incorporated Directors, Morgan Grenfell Asset
1435 Walnut Street Management Limited
4th Floor
Philadelphia, PA 19102, USA
Gerald V. Hough Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Julian R. Johnston Morgan Grenfell Asset Member of the Board of Managing
American/French Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Ian D. Kelson Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Peter Lees Morgan Grenfell Asset Member of the Board
British Management Limited of Managing
20 Finsbury Circus Directors, Morgan
London, England Grenfell Asset
EC2M 1NB Management Limited
Jeremy G. Lodwick Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
The Honourable Charles Martyn- Morgan Grenfell Asset Member of the Board
Hemphill Management Limited of Managing Directors, Morgan
British 20 Finsbury Circus Grenfell Asset Management Limited
London, England
EC2M 1NB
P. McNaughton Morgan Grenfell Asset Member of the Board
Irish Management (Ireland) of Managing Directors, Morgan
Limited Grenfell Asset Management Limited
Georges Dock House
International Financial Centre
1 Dublin
Ireland
William G. Michie Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Herbert K. Michel Deutsche Bank AG Member of the Board of Managing
German Taunusanlage 12 Directors, Deutsche Gesellschaft
60323 Frankfurt fur
The Federal Republic of Germany Fondsverwaltung mbH
James E. Minnick Morgan Grenfell Capital Member of the Board of Managing
American Management Incorporated Directors, Morgan Grenfell Asset
885 Third Avenue Management Limited
32nd Floor
New York, NY 10022-4802 USA
Stuart W. Mitchell Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Roger P. Morris Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Norman L. Murray Morgan Grenfell Asset Management Member of the Board
British Limited of Managing Directors, Morgan
20 Finsbury Circus Grenfell Asset Management Limited
London, England
EC2M 1NB
Christopher M. Phillips Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors,
20 Finsbury Circus Morgan Grenfell Asset Management
London, England Limited
EC2M 1NB
James A.J. Pulsford Deutsche Morgan Grenfell Member of the Board of Managing
British Asset Management (Japan) Directors, Morgan Grenfell Asset
Ltd, 19th Floor, Akasaka Park Management Limited
Building, 5-2-20 Akasaka,
Minato-Ku, Tokyo 107
Diane Seymour-Williams Morgan Grenfell Asset Management Member of the Board of Managing
British Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Robert H. Smith Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
William G.M. Thomas Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Patrick N.C. Walker Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Anthony Wilkinson Morgan Grenfell Asset Member of the Board of Managing
British Management Limited Directors, Morgan Grenfell Asset
20 Finsbury Circus Management Limited
London, England
EC2M 1NB
Hitoshi Yamamoto Deutsche Morgan Grenfell Member of the Board of Managing
Japanese Asset Management (Japan) Directors, Morgan Grenfell Asset
Ltd, 19th Floor, Akasaka Park Management Limited
Building, 5-2-20 Akasaka,
Minato-Ku, Tokyo 107
</TABLE>
<PAGE>
Following are the transactions in Ordinary Shares effected by DBAG and the DBAG
Managers:
<TABLE>
<CAPTION>
Company Trade-day Capacity Buy/Sell Amount Currency Price
- ------- --------- -------- -------- ------ -------- -----
DEUTSCHE BANK AG, FRANKFURT
<S> <C> <C> <C> <C> <C> <C>
SGL 9/29/97 principal B 5000 DM 257.16
SGL 9/29/97 principal B 10000 DM 256.46
SGL 9/29/97 principal S 15000 DM 257.07
SGL 9/29/97 principal S 100 DM 263.00
SGL 9/29/97 principal S 2200 DM 257.50
SGL 9/29/97 principal S 5000 DM 257.16
SGL 9/29/97 principal B 100 DM 263.00
SGL 9/29/97 principal B 300 DM 256.00
SGL 9/29/97 principal B 100 DM 256.00
SGL 9/29/97 principal B 100 DM 256.00
SGL 9/29/97 principal B 1000 DM 256.00
SGL 9/29/97 principal B 200 DM 256.40
SGL 9/29/97 principal B 800 DM 256.50
SGL 9/29/97 principal S 10000 DM 256.46
SGL 9/29/97 principal B 2200 DM 257.50
SGL 9/29/97 principal B 1000 DM 257.00
SGL 9/29/97 principal B 900 DM 257.50
SGL 9/29/97 principal B 500 DM 256.00
SGL 9/29/97 principal B 1000 DM 256.40
SGL 9/29/97 principal B 500 DM 256.20
SGL 9/29/97 principal B 500 DM 256.00
SGL 9/29/97 principal B 1000 DM 256.00
SGL 9/29/97 principal B 1100 DM 255.00
SGL 9/29/97 principal B 800 DM 255.00
SGL 9/29/97 principal B 500 DM 254.50
SGL 9/29/97 principal S 500 DM 255.50
SGL 9/29/97 principal S 500 DM 254.00
SGL 9/29/97 principal S 500 DM 254.00
SGL 9/29/97 principal S 500 DM 254.50
SGL 9/29/97 principal S 500 DM 254.50
SGL 9/29/97 principal S 500 DM 254.50
SGL 9/29/97 principal S 1000 DM 257.00
SGL 9/29/97 principal B 1200 DM 250.00
SGL 9/29/97 principal S 200 DM 250.00
SGL 9/29/97 principal S 1000 DM 250.00
SGL 9/30/97 principal B 500 DM 258.00
SGL 9/30/97 principal S 13100 DM 260.43
SGL 9/30/97 principal B 13100 DM 260.04
SGL 9/30/97 principal B 1000 DM 258.00
SGL 9/30/97 principal B 500 DM 259.00
SGL 9/30/97 principal B 400 DM 262.50
SGL 9/30/97 principal B 500 DM 261.50
SGL 9/30/97 principal B 300 DM 260.00
SGL 9/30/97 principal B 500 DM 260.00
SGL 9/30/97 principal S 13100 DM 260.04
SGL 9/30/97 principal B 8100 DM 258.74
SGL 9/30/97 principal B 600 DM 263.00
SGL 9/30/97 principal B 500 DM 262.50
SGL 9/30/97 principal B 500 DM 262.50
SGL 9/30/97 principal B 500 DM 262.00
SGL 9/30/97 principal B 500 DM 262.00
SGL 9/30/97 principal B 700 DM 260.50
SGL 9/30/97 principal B 1000 DM 256.50
SGL 9/30/97 principal B 500 DM 256.50
SGL 9/30/97 principal B 500 DM 258.90
SGL 9/30/97 principal B 100 DM 259.00
SGL 9/30/97 principal B 300 DM 263.00
SGL 9/30/97 principal B 1000 DM 256.81
SGL 9/30/97 principal S 1000 DM 258.25
SGL 9/30/97 principal S 1000 DM 261.50
SGL 9/30/97 principal S 400 DM 262.00
SGL 9/30/97 principal S 500 DM 262.50
SGL 9/30/97 principal S 500 DM 263.00
SGL 9/30/97 principal S 500 DM 263.50
SGL 9/30/97 principal S 500 DM 261.00
SGL 9/30/97 principal S 500 DM 262.00
SGL 10/1/97 principal B 800 DM 259.50
SGL 10/1/97 principal S 4100 DM 257.28
SGL 10/1/97 principal B 4100 DM 256.79
SGL 10/1/97 principal B 1000 DM 257.00
SGL 10/1/97 principal S 200 DM 260.00
SGL 10/1/97 principal S 800 DM 260.00
SGL 10/1/97 principal B 3000 DM 260.00
SGL 10/2/97 principal S 1100 DM 260.50
SGL 10/2/97 principal S 400 DM 260.00
SGL 10/2/97 principal S 1600 DM 260.00
SGL 10/2/97 principal S 400 DM 260.00
SGL 10/2/97 principal B 5000 DM 260.00
SGL 10/2/97 principal S 600 DM 260.00
SGL 10/2/97 principal S 1400 DM 260.00
SGL 10/2/97 principal B 2000 DM 261.27
SGL 10/2/97 principal S 1000 DM 262.50
SGL 10/2/97 principal S 500 DM 261.00
SGL 10/2/97 principal S 500 DM 259.50
SGL 10/2/97 principal B 400 DM 259.90
SGL 10/2/97 principal B 400 DM 261.00
SGL 10/6/97 principal B 640 DM 261.95
SGL 10/6/97 principal B 10780 DM 261.95
SGL 10/6/97 principal S 10780 DM 262.28
SGL 10/6/97 principal S 500 DM 261.00
SGL 10/6/97 principal S 1000 DM 260.00
SGL 10/6/97 principal S 1000 DM 263.50
SGL 10/6/97 principal S 500 DM 264.50
SGL 10/6/97 principal S 500 DM 264.50
SGL 10/6/97 principal S 500 DM 264.50
SGL 10/6/97 principal S 500 DM 263.00
SGL 10/6/97 principal B 400 DM 264.00
SGL 10/6/97 principal B 400 DM 260.00
SGL 10/6/97 principal B 400 DM 262.50
SGL 10/7/97 principal S 500 DM 264.50
SGL 10/7/97 principal S 500 DM 264.50
SGL 10/7/97 principal S 500 DM 264.00
SGL 10/7/97 principal B 400 DM 264.80
SGL 10/7/97 principal B 400 DM 263.70
SGL 10/8/97 principal S 2200 DM 265.00
SGL 10/8/97 principal B 1000 DM 263.47
SGL 10/8/97 principal B 1000 DM 263.47
SGL 10/8/97 principal S 300 DM 265.00
SGL 10/8/97 principal B 400 DM 264.50
SGL 10/8/97 principal B 400 DM 265.00
SGL 10/9/97 principal B 1000 DM 265.20
SGL 10/9/97 principal S 1000 DM 266.00
SGL 10/9/97 principal S 400 DM 262.00
SGL 10/9/97 principal S 500 DM 263.50
SGL 10/9/97 principal S 500 DM 267.50
SGL 10/9/97 principal B 400 DM 268.00
SGL 10/10/97 principal B 1500 DM 279.30
SGL 10/10/97 principal S 500 DM 280.50
SGL 10/10/97 principal S 500 DM 280.50
SGL 10/10/97 principal S 500 DM 279.50
SGL 10/10/97 principal S 1000 DM 275.00
SGL 10/10/97 principal S 1000 DM 273.00
SGL 10/10/97 principal S 1000 DM 274.00
SGL 10/10/97 principal S 1000 DM 274.00
SGL 10/10/97 principal S 1000 DM 270.00
SGL 10/10/97 principal S 500 DM 265.00
SGL 10/10/97 principal S 500 DM 266.00
SGL 10/10/97 principal S 1000 DM 274.50
SGL 10/10/97 principal S 1000 DM 274.25
SGL 10/10/97 principal S 400 DM 274.00
SGL 10/10/97 principal S 600 DM 274.00
SGL 10/10/97 principal S 1000 DM 273.50
SGL 10/10/97 principal B 10000 DM 272.00
SGL 10/10/97 principal S 10000 DM 279.00
SGL 10/10/97 principal B 10000 DM 278.20
SGL 10/10/97 principal S 500 DM 276.00
SGL 10/10/97 principal S 500 DM 279.75
SGL 10/10/97 principal S 300 DM 279.00
SGL 10/10/97 principal S 200 DM 279.00
SGL 10/10/97 principal B 500 DM 273.00
SGL 10/10/97 principal S 500 DM 276.00
SGL 10/10/97 principal S 300 DM 276.50
SGL 10/10/97 principal S 500 DM 279.75
SGL 10/13/97 principal B 3800 DM 279.00
SGL 10/13/97 principal S 500 DM 280.00
SGL 10/13/97 principal S 3300 DM 280.00
SGL 10/13/97 principal S 300 DM 279.00
SGL 10/14/97 principal S 100 DM 276.00
SGL 10/14/97 principal B 100 DM 275.08
SGL 10/14/97 principal B 400 DM 276.50
SGL 10/14/97 principal B 500 DM 276.00
SGL 10/14/97 principal S 500 DM 277.00
SGL 10/14/97 discretionary S 35 DM 276.00
SGL 10/15/97 principal B 23000 DM 268.23
SGL 10/15/97 principal S 20000 DM 268.62
SGL 10/15/97 principal S 3000 DM 267.75
SGL 10/15/97 principal B 800 DM 268.00
SGL 10/15/97 principal B 3000 DM 267.75
SGL 10/15/97 principal S 500 DM 268.50
SGL 10/15/97 principal S 500 DM 268.00
SGL 10/15/97 principal S 1000 DM 268.00
SGL 10/15/97 principal S 500 DM 267.50
SGL 10/15/97 principal S 500 DM 266.50
SGL 10/15/97 principal B 20000 DM 268.62
SGL 10/15/97 principal S 3000 DM 269.00
SGL 10/15/97 principal S 2000 DM 268.50
SGL 10/15/97 principal S 500 DM 270.50
SGL 10/15/97 principal S 500 DM 269.50
SGL 10/15/97 principal S 3000 DM 268.00
SGL 10/15/97 principal S 1400 DM 268.50
SGL 10/15/97 principal S 300 DM 269.50
SGL 10/15/97 principal S 800 DM 269.50
SGL 10/15/97 principal S 500 DM 269.00
SGL 10/15/97 principal S 2800 DM 269.00
SGL 10/15/97 principal S 500 DM 268.00
SGL 10/15/97 principal S 1000 DM 268.00
SGL 10/15/97 principal S 300 DM 268.50
SGL 10/15/97 principal S 900 DM 269.00
SGL 10/15/97 principal S 1500 DM 269.00
SGL 10/15/97 principal S 1000 DM 270.00
SGL 10/15/97 principal S 100 DM 268.00
SGL 10/15/97 principal S 400 DM 268.50
SGL 10/15/97 principal S 100 DM 272.00
SGL 10/15/97 principal S 300 DM 268.50
SGL 10/15/97 principal S 100 DM 270.00
SGL 10/15/97 principal S 100 DM 271.00
SGL 10/16/97 principal B 7000 DM 265.73
SGL 10/16/97 principal S 7000 DM 266.11
SGL 10/16/97 principal S 384 DM 266.50
SGL 10/16/97 principal B 500 DM 263.00
SGL 10/16/97 principal S 6500 DM 265.96
SGL 10/16/97 principal S 500 DM 268.00
SGL 10/16/97 principal B 7000 DM 266.11
SGL 10/16/97 principal S 300 DM 268.50
SGL 10/17/97 principal S 3500 DM 258.70
SGL 10/17/97 principal B 500 DM 258.00
SGL 10/17/97 principal B 3000 DM 258.00
SGL 10/17/97 principal B 600 DM 263.00
SGL 10/17/97 principal B 300 DM 266.00
SGL 10/20/97 principal S 1300 DM 264.09
SGL 10/20/97 principal B 1300 DM 263.75
SGL 10/20/97 principal B 100 DM 265.00
SGL 10/20/97 principal B 500 DM 263.00
SGL 10/20/97 principal B 500 DM 264.00
SGL 10/20/97 principal B 200 DM 263.50
SGL 10/20/97 principal S 1300 DM 263.75
SGL 10/20/97 principal S 500 DM 263.00
SGL 10/20/97 principal S 500 DM 265.00
SGL 10/20/97 principal S 500 DM 270.00
SGL 10/20/97 principal S 800 DM 258.00
SGL 10/21/97 principal S 8700 DM 273.19
SGL 10/21/97 principal B 8700 DM 272.84
SGL 10/21/97 principal S 1500 DM 272.00
SGL 10/21/97 principal B 1500 DM 271.18
SGL 10/21/97 principal S 500 DM 272.50
SGL 10/21/97 principal B 200 DM 273.00
SGL 10/21/97 principal S 100 DM 271.00
SGL 10/22/97 principal B 400 DM 272.50
SGL 10/23/97 principal B 3200 DM 263.05
SGL 10/23/97 principal B 44 DM 265.30
SGL 10/23/97 principal B 500 DM 260.00
SGL 10/23/97 principal S 500 DM 264.00
SGL 10/24/97 principal B 1000 DM 260.00
SGL 10/24/97 principal S 200 DM 260.00
SGL 10/24/97 discretionary B 200 DM 267.50
SGL 10/27/97 principal B 1000 DM 252.00
SGL 10/27/97 principal S 500 DM 250.70
SGL 10/27/97 principal B 500 DM 250.50
SGL 10/27/97 principal S 1500 DM 250.59
SGL 10/27/97 principal B 1500 DM 249.14
SGL 10/27/97 principal B 500 DM 250.70
SGL 10/27/97 principal S 1100 DM 256.00
SGL 10/28/97 principal B 1100 DM 239.00
SGL 10/28/97 principal S 5000 DM 239.00
SGL 10/28/97 principal B 5000 DM 238.31
SGL 10/28/97 principal S 3000 DM 242.00
SGL 10/28/97 principal B 2000 DM 243.00
SGL 10/28/97 principal B 500 DM 240.00
SGL 10/28/97 principal B 500 DM 240.00
SGL 10/28/97 principal S 100 DM 246.00
SGL 10/29/97 principal S 2900 DM 257.00
SGL 10/29/97 principal S 800 DM 248.00
SGL 10/29/97 principal S 200 DM 248.00
SGL 10/29/97 principal B 1000 DM 250.00
SGL 10/29/97 principal S 700 DM 257.00
SGL 10/29/97 principal S 200 DM 259.00
SGL 10/29/97 principal S 100 DM 248.00
SGL 10/29/97 principal B 500 DM 236.00
SGL 10/29/97 principal B 500 DM 240.00
SGL 10/29/97 principal B 200 DM 243.00
SGL 10/29/97 principal B 200 DM 245.00
SGL 10/30/97 principal S 2500 DM 243.46
SGL 10/30/97 principal B 500 DM 240.10
SGL 10/30/97 principal B 500 DM 242.00
SGL 10/30/97 principal B 500 DM 243.00
SGL 10/30/97 principal B 500 DM 244.00
SGL 10/30/97 principal B 500 DM 245.00
SGL 10/30/97 principal B 1000 DM 245.00
SGL 10/30/97 principal B 500 DM 245.90
SGL 10/30/97 principal B 500 DM 246.00
SGL 10/30/97 principal B 500 DM 244.00
SGL 10/30/97 principal B 1000 DM 243.00
SGL 10/31/97 principal S 2400 DM 245.67
SGL 10/31/97 principal B 400 DM 245.50
SGL 10/31/97 principal B 500 DM 245.00
SGL 10/31/97 principal S 200 DM 245.50
SGL 10/31/97 principal S 200 DM 245.50
SGL 10/31/97 principal B 300 DM 243.00
SGL 10/31/97 principal B 1000 DM 244.00
SGL 10/31/97 principal B 500 DM 242.00
SGL 10/31/97 principal B 400 DM 244.00
SGL 10/31/97 principal B 300 DM 245.00
SGL 11/3/97 principal S 1600 DM 241.00
SGL 11/3/97 principal B 200 DM 245.40
SGL 11/3/97 principal B 900 DM 245.50
SGL 11/3/97 principal B 400 DM 245.00
SGL 11/3/97 principal S 1000 DM 243.69
SGL 11/3/97 principal B 1000 DM 243.50
SGL 11/3/97 principal B 1200 DM 243.10
SGL 11/3/97 principal B 900 DM 243.85
SGL 11/3/97 principal B 1000 DM 243.00
SGL 11/3/97 principal B 900 DM 250.00
SGL 11/3/97 principal S 200 DM 245.40
SGL 11/3/97 principal B 1000 DM 243.69
SGL 11/3/97 principal B 300 DM 247.00
SGL 11/3/97 principal B 500 DM 246.00
SGL 11/3/97 principal B 800 DM 243.00
SGL 11/3/97 discretionary S 50 DM 245.50
SGL 11/4/97 principal B 500 DM 240.50
SGL 11/4/97 principal B 100 DM 240.50
SGL 11/4/97 principal B 1000 DM 240.50
SGL 11/4/97 principal B 300 DM 239.10
SGL 11/4/97 principal S 600 DM 239.45
SGL 11/4/97 principal S 11100 DM 241.11
SGL 11/4/97 principal B 9100 DM 240.83
SGL 11/4/97 principal B 500 DM 241.00
SGL 11/4/97 principal B 1000 DM 241.00
SGL 11/4/97 principal B 500 DM 243.00
SGL 11/4/97 principal B 2000 DM 241.00
SGL 11/4/97 principal B 500 DM 242.50
SGL 11/4/97 principal B 400 DM 245.00
SGL 11/4/97 principal B 700 DM 240.00
SGL 11/4/97 principal B 300 DM 241.00
SGL 11/5/97 principal B 2000 DM 242.00
SGL 11/5/97 principal B 1000 DM 242.00
SGL 11/5/97 principal S 3000 DM 242.73
SGL 11/5/97 principal S 6000 DM 242.75
SGL 11/5/97 principal B 500 DM 243.00
SGL 11/5/97 principal B 3000 DM 242.50
SGL 11/5/97 principal B 500 DM 242.00
SGL 11/5/97 principal B 1000 DM 242.00
SGL 11/5/97 principal B 1000 DM 242.50
SGL 11/5/97 principal B 300 DM 239.80
SGL 11/5/97 principal S 500 DM 243.00
SGL 11/6/97 principal B 300 DM 241.00
SGL 11/6/97 principal S 400 DM 240.00
SGL 11/7/97 principal S 3000 DM 239.69
SGL 11/7/97 principal B 300 DM 238.30
SGL 11/7/97 principal S 500 DM 239.00
SGL 11/7/97 principal B 500 DM 240.00
SGL 11/7/97 principal B 500 DM 239.20
SGL 11/7/97 principal B 400 DM 239.00
SGL 11/10/97 principal B 1000 DM 239.00
SGL 11/10/97 principal B 1000 DM 239.50
SGL 11/10/97 principal B 500 DM 239.00
SGL 11/10/97 principal B 500 DM 239.00
SGL 11/10/97 principal S 2000 DM 238.30
SGL 11/10/97 principal B 500 DM 236.20
SGL 11/10/97 principal B 500 DM 237.00
SGL 11/10/97 principal B 500 DM 238.20
SGL 11/10/97 principal B 300 DM 235.00
SGL 11/10/97 principal B 200 DM 232.50
SGL 11/10/97 principal S 800 DM 237.00
SGL 11/10/97 principal S 400 DM 239.00
SGL 11/11/97 principal S 3000 DM 228.34
SGL 11/11/97 principal S 300 DM 227.34
SGL 11/11/97 principal B 300 DM 227.00
SGL 11/11/97 principal B 3300 DM 228.12
SGL 11/11/97 principal B 700 DM 230.20
SGL 11/11/97 principal S 400 DM 225.74
SGL 11/11/97 principal B 400 DM 225.00
SGL 11/11/97 principal S 3300 DM 228.12
SGL 11/11/97 principal B 500 DM 227.80
SGL 11/11/97 principal B 300 DM 227.60
SGL 11/11/97 principal B 500 DM 228.00
SGL 11/11/97 principal B 200 DM 228.30
SGL 11/11/97 principal B 1800 DM 228.30
SGL 11/11/97 principal S 300 DM 228.00
SGL 11/11/97 principal B 300 DM 225.00
SGL 11/11/97 principal B 300 DM 223.00
SGL 11/11/97 principal B 400 DM 227.90
SGL 11/11/97 principal B 500 DM 228.00
SGL 11/11/97 principal B 500 DM 228.00
SGL 11/11/97 principal S 400 DM 223.50
SGL 11/11/97 principal S 400 DM 230.20
SGL 11/12/97 principal S 1000 DM 226.50
SGL 11/12/97 principal S 100 DM 225.00
SGL 11/12/97 principal S 1400 DM 226.57
SGL 11/12/97 principal B 1400 DM 226.00
SGL 11/12/97 principal S 200 DM 226.00
SGL 11/12/97 principal B 500 DM 227.90
SGL 11/12/97 principal B 400 DM 226.00
SGL 11/13/97 principal B 1000 DM 221.50
SGL 11/13/97 principal S 1000 DM 222.00
SGL 11/13/97 principal S 2000 DM 224.50
SGL 11/13/97 principal B 1000 DM 220.50
SGL 11/13/97 principal B 1000 DM 221.00
SGL 11/13/97 principal B 200 DM 220.80
SGL 11/13/97 principal B 300 DM 225.00
SGL 11/13/97 principal S 4000 DM 222.86
SGL 11/13/97 principal B 4000 DM 222.20
SGL 11/13/97 principal S 400 DM 221.00
SGL 11/13/97 discretionary S 50 DM 221.00
SGL 11/14/97 principal S 400 DM 225.00
SGL 11/17/97 principal S 200 DM 226.90
SGL 11/17/97 principal S 400 DM 226.20
SGL 11/17/97 principal S 400 DM 225.50
SGL 11/18/97 principal B 300 DM 225.00
SGL 11/18/97 principal S 400 DM 225.60
SGL 11/18/97 principal S 400 DM 226.00
SGL 11/19/97 principal S 400 DM 221.00
SGL 11/20/97 principal S 2000 DM 222.73
SGL 11/20/97 principal B 2000 DM 222.00
SGL 11/20/97 principal B 500 DM 222.50
SGL 11/21/97 principal S 530 DM 222.00
SGL 11/21/97 principal B 600 DM 222.00
SGL 11/21/97 principal S 400 DM 221.00
SGL 11/24/97 principal S 70 DM 220.80
SGL 11/24/97 principal S 1200 DM 220.87
SGL 11/24/97 principal B 1200 DM 220.36
SGL 11/24/97 principal S 300 DM 219.50
SGL 11/24/97 principal S 500 DM 219.50
SGL 11/25/97 principal S 300 DM 219.00
SGL 11/25/97 principal S 500 DM 219.50
SGL 11/25/97 principal S 200 DM 219.10
SGL 11/25/97 principal S 400 DM 220.00
SGL 11/26/97 principal S 400 DM 227.50
SGL 11/26/97 principal S 400 DM 223.00
SGL 11/27/97 principal S 9400 DM 229.63
SGL 11/27/97 principal B 5700 DM 230.07
SGL 11/27/97 principal B 700 DM 228.00
SGL 11/27/97 principal B 2000 DM 228.00
SGL 11/27/97 principal B 500 DM 230.50
SGL 11/27/97 principal B 500 DM 230.50
SGL 11/27/97 principal S 200 DM 230.00
DEUTSCHE GESELLSCHAFT FUR WERTPAPIERSPAREN, FRANKFURT
SGL 10/10/97 mutual funds S 5000 DM 0
SGL 10/10/97 mutual funds S 10000 DM 0
SGL 10/10/97 mutual funds S 10000 DM 0
SGL 10/10/97 mutual funds S 5000 DM 0
SGL 10/13/97 mutual funds S 3800 DM 0
SGL 10/17/97 mutual funds B 3500 DM 0
SGL 11/5/97 mutual funds B 2500 DM 0
SGL 11/6/97 mutual funds B 10000 DM 0
SGL 11/6/97 mutual funds B 10000 DM 0
SGL 11/11/97 mutual funds B 3700 DM 0
SGL 11/11/97 mutual funds B 1000 DM 0
SGL 11/19/97 mutual funds B 10000 DM 0
SGL 11/20/97 mutual funds B 10000 DM 0
SGL 11/21/97 mutual funds B 8000 DM 0
SGL 11/21/97 mutual funds B 10000 DM 0
SGL 11/21/97 mutual funds B 12500 DM 0
SGL 11/21/97 mutual funds B 2000 DM 0
SGL 11/24/97 mutual funds B 10000 DM 0
SGL 11/25/97 mutual funds B 10000 DM 0
DEUTSCHE VERMOGENSBILDUNGSGESELLSCHAFT MBH, FRANKFURT
SGL 10/10/97 mutual funds S 10000 DM 0
SGL 11/5/97 mutual funds B 1000 DM 0
SGL 11/21/97 mutual funds B 5000 DM 0
DEUTSCHE BANK INVESTMENT MANAGEMENT S.A., LUXEMBURG
Nil transactions during the last 60 days.
DWS INVESTMENT (SCHWEIZ) AG, ZURICH
SGL 11/5/97 mutual funds B 2500 DM 242.75
FINANZA & FUTURO S.P.A., MILANO
SGL 10/3/97 mutual funds S 5000 DM 0
SGL 11/21/97 mutual funds B 5200 DM 0
DEUTSCHE BANK (SUISSE) S.A., GENEVE Nil transactions during the last 60 days.
DEUTSCHE GESELLSCHAFT FUR FONDSVERWALTUNG MBH, FRANKFURT
SGL 9/30/97 discretionary S 1000 DM 256.81
SGL 10/2/97 discretionary S 2300 DM 260.50
SGL 10/10/97 discretionary S 7500 DM 272.00
SGL 10/20/97 discretionary B 1300 DM 264.09
SGL 10/21/97 discretionary B 8700 DM 273.19
SGL 10/27/97 discretionary B 1500 DM 250.59
SGL 11/3/97 discretionary B 5000 DM 243.85
SGL 11/4/97 discretionary B 1500 DM 240.00
SGL 11/4/97 discretionary B 200 DM 240.00
SGL 11/4/97 discretionary B 300 DM 240.00
SGL 11/4/97 discretionary B 500 DM 240.00
SGL 11/4/97 discretionary B 1800 DM 240.00
SGL 11/4/97 discretionary B 1000 DM 240.00
SGL 11/4/97 discretionary B 1000 DM 240.00
SGL 11/4/97 discretionary B 1500 DM 240.00
SGL 11/5/97 discretionary B 1000 DM 239.50
SGL 11/5/97 discretionary B 1000 DM 239.00
SGL 11/6/97 discretionary B 2000 DM 239.93
SGL 11/10/97 discretionary B 2000 DM 232.00
SGL 11/11/97 discretionary B 4000 DM 228.45
SGL 11/14/97 discretionary B 1940 DM 225.38
SGL 11/25/97 discretionary B 2000 DM 220.00
SGL 11/27/97 discretionary B 7400 DM 229.63
DEUTSCHE ASSET MANAGEMENT GMBH, FRANKFURT
SGL 9/30/97 discretionary S 1800 DM 257.79
SGL 9/30/97 discretionary S 1450 DM 257.79
SGL 9/30/97 discretionary S 2000 DM 257.79
SGL 9/30/97 discretionary S 2000 DM 257.79
SGL 10/27/97 discretionary B 2000 DM 249.96
SGL 11/4/97 discretionary B 2000 DM 241.82
SGL 11/4/97 discretionary B 2000 DM 241.82
SGL 11/4/97 discretionary B 2000 DM 241.82
SGL 11/4/97 discretionary B 4000 DM 241.82
SGL 11/27/97 discretionary B 6500 DM 228.75
DEUTSCHE MORGAN GRENFELL (C.I.) LIMITED, JERSEY
SGL 10/7/97 discretionary S 300 DM 0.00
SGL 11/17/97 discretionary B 520 DM 0.00
DEUTSCHE BANK TRUST AG, FRANKFURT
Nil transactions during the last 60 days.
Following are the transactions in Ordinary Shares effected by MGAM and the MGAM
Managers:
TRANSACTION HISTORY FOR SGL CARBON 9/26/97 - 11/27/97
OPERATING SECURITY TRANSACTION TRADE SETTLE QUANTITY TRANS
- --------- -------- ----------- ----- ------ -------- -----
COMPANY NAME TYPE DATE DATE (UNITS) PRICE
- ------- ------ ------ ---- ---- ------- -----
DM
-----
<S> <C> <C> <C> <C> <C> <C>
MGIM SGL Buy 9/29/97 10/2/97 990 257.5
MGIM SGL Sell Long 9/30/97 10/6/97 4290 262.97
MGIM SGL Sell Long 10/6/97 10/9/97 491 260
MGIM SGL Sell Long 10/6/97 10/9/97 640 262.28
MGIFM SGL Buy 10/6/97 10/9/97 2940 263.65
MGIFM SGL Sell Long 10/6/97 10/10/97 2370 261.72
MGIFM SGL Sell Long 10/7/97 10/9/97 300 264.9
MGIFM SGL Buy 10/8/97 10/13/97 700 264.5
MGIFM SGL Buy 10/8/97 10/10/97 5583 264.81
MGIFM SGL Buy 10/8/97 10/10/97 2505 264.81
MGIFM SGL Buy 10/8/97 10/10/97 38817 264.81
MGIM SGL Buy 10/8/97 10/13/97 13 265
MGIM SGL Buy 10/8/97 10/13/97 1080 264.73
MGIS SGL Buy 10/15/97 10/20/97 5611 268
MGIM SGL Buy 10/20/97 10/23/97 60 271
MGIM SGL Sell Long 10/27/97 10/30/97 1024 246.75
MGIS SGL Sell Long 10/31/97 11/5/97 2290 245.07
MGIM SGL Sell Long 10/31/97 11/5/97 7400 245.07
MGIM SGL Sell Long 10/31/97 11/5/97 8680 245.07
MGIM SGL Sell Long 10/31/97 11/5/97 6640 245.07
MGIM SGL Sell Long 10/31/97 11/5/97 2560 245.07
MGIM SGL Sell Long 10/31/97 11/5/97 4100 245.07
MGIM SGL Sell Long 10/31/97 11/5/97 1100 245.07
MGIM SGL Sell Long 10/31/97 11/5/97 1070 245.07
MGIM SGL Sell Long 10/31/97 11/5/97 8950 245.07
MGIM SGL Sell Long 10/31/97 11/5/97 3850 245.07
MGIM SGL Sell Long 10/31/97 11/5/97 440 245.07
MGIM SGL Sell Long 10/31/97 11/5/97 9950 245.07
MGIM SGL Sell Long 10/31/97 11/5/97 16990 245.07
MGIM SGL Sell Long 10/31/97 11/5/97 1400 245.07
MGIFM SGL Buy 10/31/97 11/5/97 310 244.36
MGIFM SGL Buy 10/31/97 11/5/97 200 244.36
MGIM SGL Buy 11/4/97 11/11/97 11100 241.11
MGIM SGL Buy 11/6/97 11/11/97 330 240
MGIFM SGL Buy 11/7/97 11/12/97 100 239
MGIFM SGL Buy 11/7/97 11/12/97 950 239
MGIFM SGL Buy 11/7/97 11/12/97 190 239
MGIM SGL Buy 11/10/97 11/13/97 100 234.5
MGIS SGL Sell Long 11/12/97 11/17/97 440 226
DEGEF SGL Buy 11/14/97 11/19/97 1940 225.38
MGIM SGL Buy 11/14/97 11/19/97 240 225.38
MGIM SGL Buy 11/17/97 11/20/97 1090 226.23
MGIM SGL Buy 11/17/97 11/20/97 117 226.23
MGIM SGL Buy 11/17/97 11/20/97 2850 226.23
MGIM SGL Buy 11/17/97 11/20/97 520 226.23
MGIM SGL Sell Long 11/18/97 11/21/97 1158 226
MGIM SGL Sell Long 11/19/97 11/24/97 370 222
MGIM SGL Buy 11/20/97 11/25/97 330 221.5
MGIS SGL Buy 11/24/97 11/27/97 2395 220.4
MGIM SGL Buy 11/25/97 11/28/97 2310 220
MGIM SGL Sell Long 11/26/97 12/3/97 1200 226.23
MGIM SGL Buy 11/26/97 12/1/97 4140 225.17
MGIM SGL Sell Long 11/26/97 11/26/97 1990 220
MGIM SGL Buy 11/26/97 11/26/97 1990 220
MGIM SGL Buy 11/26/97 12/1/97 4140 225.17
MGIM SGL Buy 11/27/97 12/2/97 890 225
MGIS SGL Buy 11/27/97 12/2/97 5000 224.99
</TABLE>
<PAGE>
EXHIBIT INDEX
Exhibit No. Description
- ----------- -----------
1 Consent of Morgan Grenfell Asset Management
Limited
EXHIBIT 1
Consent of Morgan Grenfell Asset Management
The undersigned agrees that the Schedule 13D amendment
executed by Deutsche Bank AG to which this statement is attached as an exhibit
is filed on behalf of Deutsche Bank AG and Morgan Grenfell Asset Management
Limited pursuant to Rule 13d-1(f)(1) of the Securities Exchange Act of 1934.
Dated: January 6, 1998
MORGAN GRENFELL ASSET MANAGEMENT
LIMITED
By: /s/ Andrew Hume
---------------------------------
Name: Andrew Hume
Title: Senior Associate Director