OFFICERS AND DIRECTORS


KENNETH G. BARTELS *
President, Treasurer and Director
President, Paxton Properties Incorporated
New York, New York
WILLIAM F. CLINGER
Director (from 10/24/97)
Former Member of Congress
Alexandria, Virginia
ANNE D. NEAL *
Vice President and Director
Fellow, Discovery Institute
Fond du Lac, Wisconsin
T. J. COOLIDGE
Director (until 2/28/97)
President, Coolidge Investment Corp.
Marblehead, Massachusetts
CHARLES GETCHELL
Secretary
Attorney at Law
Ipswich, Massachusetts
LEE W. HUEBNER
Director
Professor, Northwestern University
Evanston, Illinois
MARTIN S. OPPENHEIMER
Assistant Treasurer
Vice President, Koonce Securities, Inc.
Rockville, Maryland
J. EUGENE MARANS
Director
Partner, Cleary, Gottlieb, Steen & Hamilton
Washington, D. C.
ROBERT H. M. FERGUSON
Assistant Secretary
Partner, Patterson, Belknap, Webb & Tyler
New York, New York
JOHN R. PRICE
Director
Managing Director, The Chase Manhattan Corporation
New York, New York
JOSIAH LEE AUSPITZ *
Director
Somerville, Massachusetts

STANLEY W. STILLMAN
Director
Richmond, Virginia
LEONARD J. BALDYGA *
Director
Former Director, Office of European Affairs,
U.S. Information Agency
Arlington, Virginia
PETER J. WALLISON
Director
Partner, Gibson, Dunn & Crutcher
New York, New York
CHRISTOPHER T. BAYLEY
Director (from 10/24/97)
Principal, The Madison Group, Inc.
Seattle, Washington
J. JACKSON WALTER
Director
Consultant
Waterford, Virginia

(* Member, Executive Committee, 1997/98)

Former Presidents: Thomas E. Petri, Michael F. Brewer, Burton C. Gray, J. Eugene Marans,
Anne D. Neal. Former Directors: Bruce K. Chapman, Michael W. Christian, Anne Marie Marans, R.A.G. Monks, Arthur M. Dubow



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