DEUTSCHE BANK AG\
SC 13D/A, 1998-01-06
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                                  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


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