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 CLEVELAND, Dec. 13 /PRNewswire/ -- The Society Funds, a $2.4 billion family of mutual funds, advised by Society Asset Management, Inc., a subsidiary of Society National Bank, an affiliate of Society Corporation (NYSE: SCY), has announced the addition of eight new mutual funds to The Society Funds Family of Mutual Funds.
 The assets in the eight new mutual funds were previously held in several of Society National Bank's collective investment funds. The Society Funds are also using this opportunity to reposition its existing fund line-up by renaming several of the existing funds. These funds were renamed to more closely align each fund's name with its investment objective.
 The eight new Society Funds, representing more than $600 million in total assets, are: Bond: Intermediate Income Fund, Investment Quality Bond Fund; Balanced: Balanced Fund; and Stock: Value Stock Fund, Special Value Stock Fund, Special Growth Stock Fund, Growth Stock Fund and Stock Index Fund.
 The full spectrum of The Society Funds consists of 18 mutual fund portfolios. In addition to the eight new funds, the following are either renamed or existing Society Funds: Money Market: Prime Obligations Fund, U.S. Government Obligations Fund, and the Tax-Exempt Fund; Bond: Ohio Tax-Free Bond Fund, Limited Term Income Fund, and the U.S. Government Income Fund; Stock: Diversified Stock Fund, Earnings Momentum Fund, Ohio Regional Stock Fund, and the International Growth Fund.
 The new line-up of The Society Funds are made available through PRISM(R), Society National Bank's comprehensive 401(k) product available for small- to medium-sized companies.
 "By making mutual funds available through PRISM(R), we're enhancing the spectrum of services that Society National Bank can provide its clients," says James McGuire, executive vice president, Institutional Asset Services, Society National Bank.
 The Society Funds are also available through Society National Bank's broker-dealer subsidiary, Society Investments, Inc., whose licensed representatives make The Society Funds available to customers at Society branch offices.
 In addition to serving as investment advisor to The Society Funds, Society Asset Management, Inc. also serves large corporate and public retirement plans, Taft-Hartley plans, endowments and foundations, high net worth individuals, and
other customers of Society Corporation. Its professional staff includes portfolio managers, research analysts and fixed income specialists.
 For a prospectus with more complete information about The Society Funds, including charges and expenses, call 800-362-5365. Read it carefully before you invest or send money.
 Society National Bank is an affiliate of Society Corporation, one of the largest bank holding companies in the Midwest. As of Sept. 30, 1993, Society Corporation had $26 billion in assets, $2.0 billion in equity capital, over $4.0 billion of market capitalization and more than 445 banking offices in Ohio, Michigan, Indiana and Florida. Through its affiliates, Society engages in commercial banking, consumer banking, mortgage banking and leasing, and investment management and trust services.
 On Oct. 4, 1993, Society Corporation and KeyCorp (NYSE: KEY) of Albany, N.Y., announced the signing of a definitive agreement to merge. The transaction, which requires approval of shareholders of both Society and KeyCorp, as well as the receipt of regulatory approvals, is expected to close about March 31, 1994. The new company would be headquartered in Cleveland and rank as the 10th largest bank holding company in the nation with more than $58 billion in total assets and nearly 1,400 branch and affiliate offices in 18 states.
 There can be no assurance that the U.S. Government Obligations Fund, the Prime Obligations Fund, and the Tax-Exempt Fund, will be able to maintain a stable net asset value at $1.00 per share.
 Society Investments, Inc. is a member of SIPC, NASD, and a subsidiary of Society National Bank.
 Society Asset Management, Inc., a subsidiary of Society National Bank, is the investment advisor to The Society Funds. The Society Funds are sponsored and distributed by The Winsbury Company, which is not affiliated with Society National Bank, Society Investments, Inc., Society Asset Management, Inc., or their affiliates. Society Asset Management, Inc. and Society National Bank receive fees for their services from The Society Funds.
 Shares of The Society Funds are not deposits or other obligations issued, endorsed or guaranteed by Society National Bank, Society Investments, Inc., Society Asset Management, Inc., 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 the possible loss of principal.
 -0- 12/13/93
 /CONTACT: Teresa J. Kleinhenz of Society National Bank, 216-689-4492/

CO: Society National Bank ST: Ohio IN: FIN SU: PDT

BM -- CL003 -- 3019 12/13/93 08:56 EST
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Publication:PR Newswire
Date:Dec 13, 1993

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