Performance of Top 10 International Equity Funds Managed by Banks

+++ International equity mutual funds, with assets of $25 million or more, ranked by the total return for 1996 (dollar amounts in millions) prt 1 of 3

Rank Fund Name Bank

1 Excelsior Emerging Americas U.S. Trust Corp.

2 STI Classic Intl Eq Tr SunTrust Banks, Inc.

3 Excelsior Pan European Fund U.S. Trust Corp.

4 BT Investment-International Eq Bankers Trust

5 Old Westbury International Bessemer Group, Inc.

6 Marshall International Stock F Marshall & Ilsley Bank

7 59 Wall Street European Equity Brown Brothers Harriman & Co.

8 Scout WorldWide Fund United Missouri Bank of Kansas City

9 Glenmede International Inst Glenmede Trust Company

10 Glenmede International Fd Glenmede Trust Company

Bank Proprietary Intl Stock Fund Avg

Non-Bank Intl Stock Fund Averages

CDA/Weisenberger Intl Equity Avg

prt 2 of 3

Rank Fund Name Investment ObjectivFund Assets

9/30/96

1 Excelsior Emerging Americas International Equit $53.00

2 STI Classic Intl Eq Tr International Equit 285

3 Excelsior Pan European Fund International Equit 56.5

4 BT Investment-International EquiInternational Equit 161.6

5 Old Westbury International International Equit 145.3

6 Marshall International Stock Fd International Equit 150.5

7 59 Wall Street European Equity International Equit 144

8 Scout WorldWide Fund International Equit 33.7

9 Glenmede International Inst International Equit 52

10 Glenmede International Fd International Equit 638.9

Bank Proprietary Intl Stock Fund Avg $94.74

Non-Bank Intl Stock Fund Averages $282.07

CDA/Weisenberger Intl Equity Avg

prt 1 of 3

TOTAL RETURN THROUGH

YEAREND, 1996 (%)

Rank Fund Name Full Yr.4th Qtr.Latest Latest Latest

1996 19963 Years*5 Years* 10 Years*

1 Excelsior Emerging 24.88 5.56 -0.06

2 STI Classic Intl Eq 22.08 9.16

3 Excelsior Pan Europ 21.65 8.43 11.82

4 BT Investment-Inter 21.31 7.22 13.61

5 Old Westbury Intern 21.29 6.45 3.28

6 Marshall Internatio 19.62 8.71

7 59 Wall Street Euro 19.25 7.34 10.1 12.77

8 Scout WorldWide Fun 18.35 7.22 12.1

9 Glenmede Internatio 17.98 8.2 10.54

10 Glenmede Internatio 17.68 8.58 12.08 13.1

Bank Proprietary In 10.36 2.94 5.17 8.87 10.24

Non-Bank Intl Stock 13.56 3.45 6.45 10.56 9.96

CDA/Weisenberger In 13.02 3.35 6.27 10.41 9.98 ===

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