SECURITIES LENDING PROGRAM

Comparative Information

Firstar Bank	Chase Manhattan Bank
Total Amount of Equity Portfolio Available for Security Lending	$231 M	$58 M
Maximum Amount Allowed for Security Lending Purposes	$100 M
Amount on Loan	$58 M
Risk/Controls	- Restricted broker

list

- Annual credit

analysis of brokers

- Approved

broker/dealer

written contract

- Ability to recall

securities at

anytime	Same as Firstar
Collateral Valuation	Daily market to market	Daily market to market
Collateral Requirement	102% of aggregate market value	U.S. Securities on loan -- 102% of aggregate market value

Non U.S. Securities on loan -- 105% of aggregate market value
Indemnification	Indemnifies lenders in the event of borrower insolvency	Same as Firstar
Authorized Collateral	Obligations issues or guaranteed as to interest and principal by the U.S. government (or agencies or instrumentalities thereof), commercial paper rated A-1 or P-1 or better by at least two nationally recognized rating services, certificates of deposit and bankers' acceptances of banks whose obligations (or the obligations of whose holding company affiliates) are rated 1 or higher by at least two nationally recognized rating services, variable rate demand obligations of issuers having commercial paper rated A-1 or P-1 or better by at least two nationally recognized rating services, overnight repurchase agreements with defined parties and certain other rated securities	Lendor can define
Custodian Compensation	55% -- Lender

45% -- Custodian	55% -- Lender

45% -- Custodian

Plus

1/10 of 1% of the collatoral funds average daily asset value