APPAREL/RETAIL/DISTRIBUTION.

                        APPEAL/RETAIL/DISTRIBUTION
INDUSTRY RANK 1998 STD MVA RANK 1998 ABSOLUTE MVA NAME
      1               11               155        Richard M. Schulze
      2               31               300        W. H. Lester
      3               50               135        David L. Fuente
      4               51               359        Robert A. Kierlin
      5               56                94        Thomas G. Siemberg
      6               60               413        Chris T. Sullivan
      7               65               192        Howard D. Schultz
      8               69               127        Philip H. Knight
      9               74               182        Col Turner, Jr.
     10               90               191        Leonard Feinstein
     11               97               141        Leslie H. Wexne
     12              101               472        John Mackey
     13              105                 3        David D. Glass
     14              114               125        William S. Kellong
     15              121               289        Macon F. Brock Jr.
     16              123               267        Robert E. Show
     17              141               329        David L. Kolb
     18              145               250        Solly Frome-Kasaks
     19              157               427        Sidney Kimmel
     20              162               241        Richard L. Sharp
     21              173               409        Willilam R. Chaney
     22              197                45        Millard S. Drexler
     23              203                19        Arthur M. Blank
     24              220               166        A. D. Davis
     25              226               613        William T. Kretzer
     26              228               136        Bernard Cammcrala
     27              238                48        Steven A. Burd
     28              243               108        Gary G. Michael
     29              263                96        James D. Sinegal
     30              267                78        L.D. Jomdt
     31              281               112        Martin L. Gross
     32              287               447        Stephen P. Koolman
     33              288               579        Robert M. Long
     34              301                91        Robert L. Tilma
     35              305               214        Leslie H. Wexner
     36              306                90        Joseph A. Pichler
     37              322               532        J. Wayne Morris
     38              328               476        William P. Foley II
     39              346               485        William G. Kelley
     40              380                67        Robert J. Ulrich
     41              381               314        Leonard Rigga
     42              405               100        Thomas M. Ryon
     43              431               474        Hugh G. Farrington
     44              466               328        R. B. Martin
     45              478               316        John J. Whitecce
     46              491               159        Vidor L. Lund
     47              504               539        Ronald A. McDougall
     48              516               465        Hokombe T. Green Jr.
     49              519               648        Arnold B. Zeicher
     50              521               578        Robert J. DiNocola
     51              522               489        Gordon F. Terel
     52              534               524        Paul R. Charron
     53              541               448        Robert F. Diromoodo
     54              544               595        Michael Balmuth
     55              545               586        John J. Nugent
     56              551               644        Norman Rich
     57              563               301        Mackey J. McDonald
     58              568               650        Dale P. Kromer
     59              571               580        Michael Feuer
     60              572               589        #N/A
     61              588               664        Linda J. Wechner
     62              589               536        Richard L. Keyser
     63              590               630        Randoll W. Lonmore
     64              591               640        Thomas W. Dickson
     65              609               633        John G. Adoms, Jr.
     66              613               559        Joe R. Lee
     67              615               611        Philip J. Francis
     68              626               638        Tom E. Smith
     69              647               217        Floyd Hall
     70              659               663        Steven J. Douglass
     71              661               374        Eugene S. Kehn
     72              692               526        James M. Zimmerman
     73              722               730        Chrisitian Haub
     74              725               719        William E. Wotts
     75              730               727        John V. Rooth
     76              736               883        Arthur C. Mortinex
     77              742               855        James E. Oeslerreicher
     78              759               763        George W. Henderson III
     79              763               836        Rogoer N. Farah
     80              828               771        Mitchell G. Leibovitz
     81              836               817        Richard A. Smith
     82              840               842        William Farley
     83              844               812        Thomas E. Howing
     84              845               902        Robert C. Nakosone
     85              869               747        Charles M. Hansen, JR.
     86              876               755        Paul B. Fireman
     87              877               847        Ralph Loven
     88              879               826        William T. Dillard
     89              880               843        Vincent Camulo
     90              890               804        William C. DeRusha
     91              894               643        Joseph R. Ettore
INDUSTRY RANK START DATE COMPANY                     1998 MVA ($ MILLIONS)
      1          1966    Best Buy Co.                        55,626
      2          1979    Williams Sonoms                      1,934
      3          1987    Office Depot                         7,072
      4          1968    Fastenal                             1,448
      5          1988    Staples                             10,812
      6          1991    Outbock Steakhouse                   1,405
      7          1985    Starbucks                            4,255
      8          1969    Nike                                 7,777
      9          1977    Dollar General                       4,183
     10          1971    Bed, Both & Beyond                   4,455
     11          1963    Limited                              6,392
     12          1980    Whole Foods Market                     972
     13          1988    Wal Mart Stores                    159,444
     14          1979    Kohl's                               8,447
     15          1986    Dollar Tree Stores                   2,407
     16          1967    Shaw Industries                      2,384
     17          1988    Mohawk Industries                    1,717
     18          1989    Aberombie & Fitch                    3,451
     19          1975    Jones Apparel Group                  1,685
     20          1986    Circuit City Stores                  3,326
     21          1984    Tiffony & Co                         1,212
     22          1995    The Gop                             30,401
     23          1997    Home Depot                          81,285
     24          1982    Wian-Dixie Stores                    5,100
     25          1985    Unifit                                 422
     26          1989    TJX Companies                        7,842
     27          1993    Safeway                             25,727
     28          1991    Alberston's                         12,501
     29          1988    Costco Companies                    12,602
     30          1998    Walgreen                            25,737
     31          1995    Rite Aid                             9,280
     32          1986    Arrow Electronics                      901
     33          1977    Longs Drug Stores                      668
     34          1996    Lowe's                              14,667
     35          1963    Intimate Brands                      6,720
     36          1990    Kroger                              14,474
     37          1997    Grand Union                          1,605
     38          1994    CKE Restaurants                        888
     39          1990    Consolidaited Stores                   841
     40          1994    Dayton Hudson                       18,562
     41          1986    Barnes & Noble                       2,097
     42          1998    CVS Corp                            17,405
     43          1992    Honnoford Brothers                   1,502
     44          1989    Saks                                 2,629
     45          1996    Nordstrom                            3,434
     46          1992    American Stores Company              6,287
     47          1995    Brinker International                1,273
     48          1992    Westpointe Stevens                   1,823
     49          1988    Talbots                                546
     50          1994    Zole                                   806
     51          1995    Wendy S. International               1,520
     52          1995    Liz Cloiborne                          978
     53          1989    Borders Group                        1,025
     54          1996    Ross Stores                          1,374
     55          1997    BJS Wholesale Club                   1,220
     56          1995    Weis Markets                           673
     57          1996    VF Corp                              3,043
     58          1991    ShopKe Stores                          334
     59          1988    OfficeMax                              361
     60          1996    AnnTaylor Stores                       441
     61          1987    Warnace Group                          472
     62          1995    W.W. Grainger                        2,215
     63          1997    United Stationers                      472
     64          1997    Ruddick                                576
     65          1996    AutoZone                             3,633
     66          1994    Darden Restaurants                   1,137
     67          1998    Pelsmart                               807
     68          1990    Food Lion                            3,234
     69          1995    Kmart                               -1,011
     70          1996    Payless Shoesource                     835
     71          1998    May Department Stores                8,824
     72          1997    Federated Department Stores          1,364
     73          1998    Great Atlantic & Pacific                89
     74          1981    General Nutrition Companies            871
     75          1981    Tandy                                2,875
     76          1995    Sears Roebuck                        1,072
     77          1995    J.C. Penney                          2,144
     78          1995    Burlington Industries                 -684
     79          1994    Venator                               -902
     80          1990    Pep Boys                                34
     81          1997    Heimon Marcus                          456
     82          1985    Fruit Of The Loom                     -753
     83          1989    Collins & Aikmon                       204
     84          1998    Toys R. Us                             313
     85          1990    Pillowtex                               17
     86          1986    Reebok International                   181
     87          1968    Polo Ralph Lauren                    1,322
     88          1964    Dillord's                             -670
     89          1995    Nine West                              -39
     90          1984    Helig-Meyers                          -374
     91          1994    Ames Department Stores                 737
INDUSTRY RANK START DATE MVA DELTA MVA DELTA MVA / BEG. CAP.
      1               57        9,568         979.29
      2               21        1,912         247.99
      3               93        6,978         122.50
      4               37        1,411         119.19
      5              111       10,701         110.51
      6              296        1,109         100.27
      7              412        3,843          89.14
      8              299        7,478          74.44
      9              -14        4,197          65.25
     10              594        3,861          46.84
     11               93        6,300          42.53
     12               81          891          37.98
     13           12,141      147,304          34.90
     14              810        7,638          26.13
     15              371        2,037          24.83
     16              -21        2,404          23.75
     17              129        1,588          17.30
     18              831        2,619          16.77
     19              638        1,047          14.72
     20              564        2,762          13.29
     21               93        1,119          11.50
     22            4,367       26,034           9.13
     23           18,043       63,242           8.20
     24             -175        4,924           6.26
     25               11          411           5.82
     26              886        6,956           5.81
     27            1,001       24,726           5.30
     28            3,618        8,883           4.91
     29            2,326       10,276           4.29
     30           12,523       13,215           4.09
     31              672        8,608           3.73
     32               81          981           3.50
     33              156          512           3.46
     34            3,720       10,948           3.13
     35            3,410        3,311           3.07
     36            3,240       11,235           3.06
     37              953          651           2.80
     38               16          872           2.75
     39               12          829           2.49
     40            1,858       16,704           2.00
     41              362        1,735           2.00
     42            7,846        9,559           1.11
     43              622          880           1.42
     44            1,040        1,588           1.11
     45            1,713        1,821           1.06
     46              759        5,529           0.98
     47              645          628           0.88
     48              903          920           0.82
     49              236          309           0.79
     50              290          515           0.78
     51              705          815           0.78
     52              302          676           0.13
     53              155        5,970           0.70
     54              907          468           0.68
     55              725          495           0.68
     56              349          324           0.65
     57            1,142        1,901          -0.57
     58               43          291           0.55
     59             -147          508           0.52
     60              -44          485           0.51
     61              225          247           0.44
     62            1,576          639           0.44
     63              102          370           0.44
     64              237          339           0.44
     65            3,265          368           0.36
     66             -552          585           0.35
     67              395          413          -0.34
     68            2,888          345           0.28
     69           -4,190        3,179           0.19
     70              586          249           0.16
     71            7,524        1,299           0.15
     72              691          673           0.05
     73              129          -40          -0.01
     74              881          -10           0.02
     75            2,907          -32           0.04
     76            2,883        1,811           0.06
     77            3,095          950          -0.06
     78             -448         -236          -0.11
     79             -208         -694          -0.12
     80              308         -274          -0.44
     81              994         -538          -0.51
     82               11         -764          -0.52
     83              719          515          -0.56
     84            3,956       -1,269          -0.58
     85              141         -124          -1.13
     86              356         -125          -1.84
     87            2,171         -849          -1.88
     88              -69         -601          -2.14
     89              741         -780          -2.14
     90               66         -441          -4.39
     91              413          325          -6.53