Institutional Investor’s 1996 Ranking of Top Written Reports by Analysts

Gary Black, Sanford C. Berstein, 212/486-5800

T. Anne Cox, Merrill Lynch, 212/449-1000

Steven Galbraith, Sanford C. Berstein

Michael Goldstein, Sanford C. Bernstein

J. William Gurley, Deutsche Morgan Grenfell, 212/469-5000

Weston Hicks, Sanford C. Berstein

Mark Melcher, Prudential Securities, 212/214-1000

Moshe Orenbuch, Sanford C. Bernstein

Nicholas Spencer, Sanford C. Bernstein

Vadim Zlotnikov, Sanford C. Bernstein