Participants <H-M>

H. Kohnstamm & Company, Inc.
Halliburton
Hallmark Cards, Inc.
Hampton & Harper , Inc.
Hanna, M.A. Company
Hanover Insurance Company, The
Harcourt General, Inc.
Harleysville Mutual Insurance Company
HarperCollins Publishers Inc
Harris Corp.
Harris Trust & Savings Bank: Harris Bancorp
Hartford Insurance Group
Hartford Steam Boiler Inspection and Insurance Company, The
Hartmarx Company
Haworth, Inc.
H.B. Fuller Company
H.C. Starck, Inc.
Heller Financial, Inc.
Heniz, H.J.
Hercules Inc.
Hershey Foods Corp.
Hewitt Associates
Hewlett-Packard Company
Hexcel Corp.
Hi-Bred International , Inc.
Hibernia National Bank
Higher Education Publications, Inc.
Hillman Company, The
H.J. Heniz Company
Hoechst Celanese Corp.
Hoechst Marion Roussel, Inc.
Hoffmann-La Roche Inc.
Holmes & Narver, Inc.
Home Life Insurance Company
Homestake Mining Company
Honeywell, Inc.
Hormel Foods Corp.
Houghton Mifflin Company
Household International , Inc.
H & R Block, Inc.
Hubbard Milling Company
Hubbell Inc.
Huck International , Inc.
Huffy Corp
Hughes Electronic Corp.
Hunt Manufacturing Company
IBM
ICI Americas Inc.
Idex Corp.
IES Industries Inc.
Illinois Tool Works Inc.
Imo Industries Inc.
Industrial Bank of Japan, Limited, The
Industrial Risk Insurers
Ingersoll-Rand Company
Innovation Packing, Inc.
Instron Corp.
Integon Corp.
Intel Corp.
Intelligent Controls, Inc.
Inter-Regional Financial Group, Inc.
Intergra Financial Corp.
Interlake Corp., The
International Business Machines Corp.
International Flavors and Fragrance Inc.
International Multifoods Corp.
International Paper
International Student Exchange Cards, Inc.
Ipalco Enterprises, Inc.
ISC Group, Inc.
ITT Corp.
IU International
J. Walter Thompson Company
James River Corp. Foundation, The
J.C. Penny Company, Inc.
Jefferies Group, Inc.
Jefferson-Pilot Communications Company
Jefferson-Pilot Corp.
J.M. Huber Corp.
John Brown Inc.
John D. and Catherine T. MacArthur Foundation, The
John Hancock Mutual Life Insurance Company
John Nuveen & Company Inc.
John Wiley & Sons, Publishers Inc.
Johnson & Higgins
Johnson & Johnson Family of Cos.
Johnson Controls, Inc.
Jones, J.A. Inc.
Joseph E. Seagram & Sons, Inc.
Jostens, Inc.
J.P. Morgan & Company, Inc.
JSJ Corp.
Kansas City Southern Industries, Inc.
Karmazin Products Corp.
Kearney- National Inc.
Keebler Company
Keffe, Bruyette & Woods, Inc.
Kellogg Company, M.W.
Kemper National Insurance Cos.
Kennametal Inc.
Kerite Company, The
Kerr-McGee Corp.
KeyCorp
Kingsbury Corp.
Kiplinger Washingtion Editor
Kmart Corp.
K N Energy, Inc.
Knight-Ridder, Inc.
Korte Construction Company
KPMG Peat Marwick
Laboratory Corp. of America Holdings
Lamson & Sessions Company, The
Land O'Lakes, Inc.
Lanier Worldwide, Inc.
LaSalle National Bank
Law Company, Inc., The
Law Cos. Group, Inc., The
Lehigh Portland Cement Company
Leo Burnett Company, Inc.
Levi Strauss & Company
Libbey-Owens Ford Company
Liberty Corp., The
Lincoln National Corp.
Link Engineering Company
Lipton, Thomas J. Company
Litton Itek Optical Systems
L.M. Berry and Company
Lockheed Martin Corp.
Loctite Corp.
Loews Corp.
Lone Star Industries, Inc.
Lotus Development Corp.
Louisiana Power & Light Company
Louisiana Land and Exploration Company, The
Lubrizol Corp.
Lucky Stores, Inc.
Lukens Inc.
M. Arthur Gensler Jr. and Associates, Inc.
M.A. Hanna Company
M.A. Schapiro & Company, Inc.
MacArthur Foundation, John D. and Catherine T.
Mack Trucks, Inc.
MacLean-Fogg Company
Madison Mutual Insurance Company
Maguire Oil Company
Mallinckrodt Group Inc.
Mallinckrodt Medical, Inc.
Management Compensation Group/Dulworth, Inc.
Manufacturers National Corp.
Marathon Oil Company
M/A/R/C Group, The
Maremont Corp.
Maritz Inc.
Marley Company, The
Marsh & McLennan Cos., Inc.
Massachusetts Mutual Life Insurance Company
Mattel, Inc.
Maxus Energy Corp
May Department Stores Company, The
Maytag Corp.
Mazda (North America), Inc.
MBNA America Bank, N.A.
MCA Inc.
McCormick & Company Inc.
McDonald's Corp
McDonnell Douglas Corp.
McGraw-Hill, Inc.
McKesson Corp.
McQuay Inc.
Mead Corp., The
Mebane Packaging Corp.
Mechanics Bank
Medtronic, Inc.
Mellon Bank Corp.
Menasha Corp.
Merck & Company, Inc.
Meredith Corp.
Meridian Insurance Company
Merit Oil Corp.
Meritor Saving Bank
Merrill Lynch & Company, Inc.
Metropolitan Life Insurance Company
Mettler-Toledo, Inc.
Michigan Mutual Insurance Company
Microsoft Corp.
Midland Montagu
Midland Mutual life Insurance Company, The
Midland-Ross Corp.
Midwest Resources Inc.
Miehle-Gross-Dexter Inc.
Milliken & Company
Millipore Corp.
Milton Bradley Company
Milwaukee Electric Tool Corp.
Minnesota Mutual Life Insurance Company
Mississippi Power & Light co.
Mississippi Power Company
Mitsubishi International Corp.
Mobil Oil Corp.
Moen Inc.
Monroe Auto Equipment Company
Monsanto Company
Montana Power Company, The
Montgomery Ward & Company, Inc.
MOOG Inc.
Moore McCormack Resources, Inc.
Morgan Construction Company, Inc.
Morgan Stanley & Company
Morrison Knudsen Corp.
Morse Shoe, Inc.
Morton International, Inc.
Motorla, Inc.
MSI Insurance
M & T Chemicals Inc.
MTS Systems Corp.
Murphy Oil Corp.
Mutual Of New York
Mutual of America
Mutual of Omaha
M.W. Kellogg Company, The