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MARY K. STERN HEADS SOCIETY'S MUTUAL FUND PRODUCTS GROUP

 CLEVELAND, July 6 /PRNewswire/ -- Mary K. Stern has been named group president of Society Corporation's (NYSE: SCY) Mutual Fund Products, according to James W. Wert, vice chairman and chief financial officer. Stern has also been elected executive vice president of Society National Bank, the lead bank of Society Corporation.
 As group president, Stern will be responsible for Society's activities in the mutual fund arena. She is also responsible for working with retail, commercial and trust business managers throughout the core franchise to ensure a strong, coordinated system-wide sales program for mutual funds, including The Society Funds, a family of mutual funds advised by Society Asset Management, Inc. and distributed by The Winsbury Company. The Society Funds currently have 14 registered mutual fund portfolios with assets of approximately $2.6 billion.
 "We are excited to have Mary K. Stern on board," said Wert. "She is an experienced and highly capable manager who will greatly enhance our strategies for the rapid growth and development of Society's mutual fund activities."
 "Society has a tremendous opportunity for substantial expansion of mutual fund efforts," explained Stern. "Nationwide, mutual funds are growing at a rate of $1 billion a day, which is a strong statement about the demand for mutual funds by investors. With mutual funds, particularly The Society Funds, Society has the ability to make available a wide spectrum of investment products. I'm excited to be leading the commitment Society has made to mutual funds."
 Stern joins Society from Norwest Bank Minnesota, the largest banking affiliate of Norwest Corporation, where she headed the superregional banking company's Investment Management Products Division since 1988. She was responsible for the bank's activities in connection with a family of 11 mutual funds, managing all aspects of the bank's mutual fund and personal trust fund efforts.
 Stern previously worked with Dain Bosworth Incorporated, a Minneapolis-based investments firm, where she specialized in corporate syndicate and corporate finance. She joined Dain Bosworth in 1982. Previously, she worked in institutional sales and syndicate marketing with Merrill Lynch Capital Markets in New York, and in the syndicate department at Harris Upham & Co., also in New York.
 A native of New Hampshire, she earned her bachelor's degree from the University of Houston, and her MBA from the University of St. Thomas, St. Paul, Minn. She also attended Washington University in St. Louis. Stern serves as a


board member on the Bank Securities Association.
 Society Asset Management, Inc., a registered investment advisor and the money management subsidiary of Society National Bank, serves as investment adviser for over $16 billion in assets, making it one of the country's major money managers. Society Asset Management maintains one of the largest in-house research facilities with areas of expertise ranging from fixed income instruments to domestic and international equities.
 As of March 31, 1993, Society Corporation had $26 billion in assets, $1.9 billion in equity capital, over $4.0 billion of market capitalization and more than 450 banking offices in Ohio, Michigan, Indiana and Florida. The trust business of Society ranks in the top 15 nationally in terms of revenues and has offices in Ohio, Indiana, Michigan, Texas, Florida, New York, Colorado and Missouri. Through its affiliates, Society engages in commercial banking, consumer banking, mortgage banking and leasing, and investment management and trust services.
 Society Asset Management, Inc. ("SAMI"), a subsidiary of Society National Bank, is the investment adviser to The Society Funds. The Winsbury Company, which is not affiliated with SAMI or Society National Bank, is the sponsor and distributor for The Society Funds.
 Shares of The Society Funds are not deposits or other obligations issued, endorsed or guaranteed by SAMI, Society National Bank, any of their affiliates, or any other bank. Such shares are not insured by the U.S. Government, the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board, or any other governmental agency. An investment in mutual fund shares involves investment risks, including possible loss of principal.
 -0- 7/6/93
 /CONTACT: John Fuller, 216-689-8140, or Teresa J. Kleinhenz, 216-689-4492, both of Society Corporation/
 (SCY)


CO: Society Corporation ST: Ohio IN: FIN SU: PER

KL -- CL017 -- 8758 07/06/93 16:11 EDT
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Publication:PR Newswire
Date:Jul 6, 1993
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