+++ Leading investment advisory managers as of 9/30/98 (dollars in millions)

part 1 of 2

1 Vanguard Group, Valley Forge, Pa.

2 Franklin Resources, San Mateo, Calif.

3 Kemper Group, Chicago

4 Putnam Investments, Boston

5 Federated Investors, Pittsburgh

6 Fidelity Management & Research Co., Boston

7 Van Kampen American Mgmt., Oak Brook Terrace, Ill.

8 Morgan Stanley Dean Witter, New York

9 American Express Asset Mgmt./IDS Group, Minneapolis

10 American Association of Retired Persons

11 American Century Investments, Kansas City, Mo.

12 Safeco Asset Mgmt. Seattle

13 Dreyfus Corp., New York

14 T. Rowe Price Associates, Baltimore

15 Alliance Capital Mgmt., New York

16 Smith Barney Capital Mgmt./Salomon Bros. Asset Mgmt., N.Y.

17 Massachussets Financial Services Group, Boston

18 Merrill Lynch Asset Mgmt., Princeton, N.J.

19 Colonial Advisory Services, Boston

20 Shays Asset Mgmt. Co./AMF Asset Mgmt. Co., Chicago

21 Oppenheimer Funds Inc., New York

22 Lord Abbett & Co., New York

23 Prudential Investments, Newark, N.J.

24 BancOne Investment Advisers Group, Columbus, Ohio

25 Goldman Sachs Asset Mgmt., New York

Totals and averages

part 2 of 2

Mortgage WEIGHTED-AVERAGE

investments Years to Effecti Market

9/30/98 maturit duratio price

1 Vanguard Gr$10,444.30 N/A 3.51 102.06

2 Franklin Re 9,344.70 N/A 2.89 103.57

3 Kemper Grou 5,833.90 5.8 3.23 105.21

4 Putnam Inve 4,536.00 7.32 3.5 103.12

5 Federated I 4,079.10 N/A 2.66 102.63

6 Fidelity Ma 3,905.10 6.5 3.4 104.9

7 Van Kampen 2,966.40 5.43 4.06 104.17

8 Morgan Stan 2,891.10 N/A 4.9 99.63

9 American Ex 2,338.60 7 2.5 96.3

10 American As 2,192.70 7.2 2.8 104.3

11 American Ce 1,809.30 17.39 N/A 102.8

12 Safeco Asse 1,652.10 N/A N/A 101.85

13 Dreyfus Cor 1,619.30 16.32 2.67 100.62

14 T. Rowe Pri 1,261.90 7.26 3.29 103.1

15 Alliance Ca $1,190.90 N/A 3.62 107.48

16 Smith Barne 1,079.70 N/A N/A 96.65

17 Massachusse 1,078.20 21.07 2.65 106.95

18 Merrill Lyn 979.4 5.13 2.71 102.09

19 Colonial Ad 960.6 9.51 5.14 107.64

20 Shays Asset 949.7 3.77 1.15 101.23

21 Oppenheimer 884.5 3.32 3.02 96.27

22 Lord Abbett 829.8 7.26 4.49 96.04

23 Prudential 799.4 7.43 4.93 99.92

24 BancOne Inv 762.2 N/A N/A 98.94

25 Goldman Sac 715.5 N/A 1.36 102.62

Totals and $65,104.40 8.61 3.26 102 ===

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