Performance of Top 10 International Equity Funds Managed by Banks and

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International equity mutual funds with assets of $25 million or more ranked by the total return for 1997

(Dollar amounts in millions)

part 1 of 2

Fund Name Bank

1 Rembrandt Latin America Equity Tr LaSalle National Corp.

2 BT Investment-Latin America Eq Bankers Trust New York Corp.

3 Excelsior Latin America Fund U.S. Trust Corp.

4 Atlas Global Growth Fund A Golden West Financial Corp.

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

6 Offitbank Latin American Sel (1) Offitbank

7 Dreyfus Premier Worldwde Growth A Mellon Bank Corp.

8 OVB Equity Income A (1) One Valley Bancorp of W.Va.

9 Dreyfus Premier Worldwde Growth C Mellon Bank Corp.

10 Dreyfus Premier Worldwde Growth B Mellon Bank Corp.

Average for top 10 funds with $25 million or more in assets

Average for all 101 funds with $25 million or more in assets

Average for all 211 bank proprietary international stock funds

Nonbank Intl Stock Fund Averages

MSCI World

part 2 of 3

Fund AssFull yeaFourth QLatest

Investment Objective 12/31/97 1997 19973 Years*

1 Non-US Equity $36.20 35.5 -9.72-

2 Emerging Market Equity 37.4 30.8 -8.75 9.57

3 Non-US Equity 113.8 25.15 -13.96 11.81

4 Global Equity 28.1 24.35 -3.54-

5 Non-US Equity 174.5 24.29 0.33 20.21

6 Emerging Market Equity 83.3 24.16 -13.29-

7 Global Equity 107.7 23.77 0.49 24.93

8 Global Equity 48.9 23.02 2.59-

9 Global Equity 27.5 22.82 0.32-

10 Global Equity 261.8 22.82 0.32 24.01

$91.91 25.67 -4.52 18.11

$221.24 4.58 -9.07 7.34

$108.65 1.99 -9.98 6.68

$101.23 2.24 -10.26 6.55

- 16.23 -2.37 17.14

part 3 of 3

Latest Latest

Investment Objective 5 Years*10 Years*

1 Non-US Equity - -

2 Emerging Market Equity - -

3 Non-US Equity 11.79-

4 Global Equity - -

5 Non-US Equity 15.3-

6 Emerging Market Equity - -

7 Global Equity - -

8 Global Equity - -

9 Global Equity - -

10 Global Equity - -

13.54-

10.87 9.06

10.52 8.94

10.47 8.61

15.88 11.14 ===

Data Source: The data were provided by CDA/Wiesenberger, Rockville, Md., from its mutual funds data base. A proprietary fund is a fund that was formed or founded by a bank and/or over which the bank exercises management discretion. Excluded are private-la

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