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PEFCO FOUNDING SHAREHOLDERS

PEFCO FOUNDING SHAREHOLDERS

PEFCO’s stock is owned by 55 banks, 7 industrial corporations and one investment banking firm.  The banks are located in 29 cities in 22 states and the District of Columbia.  The complete list of Founding Shareholders is set forth below.

Founding Shareholders                                                                       Number of Shares

American National Bank and Trust Company of Chicago, Chicago                          60

Bank of America, N.T & S.A., San Francisco                                                            852

The Bank of California, N.A., San Francisco                                                             93

The Bank of New York, New York                                                                           192

Bankers Trust Company, New York*                                                                     720

The Boeing Company, Seattle                                                                                    200

Brown Brothers Harriman & Co., New York                                                             38

Central National Bank of Cleveland, Cleveland                                                        90

The Cessna Aircraft Company, Wichita                                                                     40

The Chase Manhattan Bank, N.A., New York                                                           853

Chemical Bank, New York                                                                                         853

City National Bank of Detroit, Detroit                                                                      32

Combustion Engineering, Inc., New York                                                                 80

The Connecticut Bank and Trust Company, Hartford                                               92

Continental Illinois National Bank and Trust Company of Chicago, Chicago          663

Crocker National Bank, San Francisco                                                                       363

Dillon, Read & Co. Inc., New York                                                                           20

The Equitable Trust Company, Baltimore                                                                  41

First City National Bank of Houston, Houston                                                          113

The First National Bank of Chicago, Chicago                                                            648

First National Bank of Commerce, New Orleans                                                       42

First National Bank in Dallas, Dallas                                                                          146

The First National Bank of Miami, Miami                                                                  75

First National Bank of Minneapolis, Minneapolis                                                      92

The First National Bank of Saint Paul, Saint Paul                                                      86

First National City Bank, New York                                                                          853

First Werstern Bank and Trust Company, Los Angeles                                            79

First Wisconsin National Bank of Milwaukee, Milwaukee                                        90

The Fort Worth National Bank, Fort Worth                                                              42

Franklin National Bank, Mineola                                                                                264

General American Transportation Corporation, Chicago                                           40

General Electric Company, New York                                                                       200

Girard Trust Bank, Philadelphia                                                                                 158

Harris Trust and Savings Bank, Chicago                                                                   150

Hartford National Bank and Trust Company, Hartford                                                         105

Houston National Bank, Houston                                                                              36

The Indiana National Bank, Indianapolis                                                                   85

Industrial National Bank of Rhode Island, Providence                                             90

Irving Trust Company, New York                                                                              402

Jacksonville National Bank, Jacksonville                                                                   20

Manufacturers Hanover Trust Company, New York                                                 853

Marine Midland Bank – New York, New York                                                         230

McDonnell Douglas Finance Corporation, Long Beach                                             200

Mercantile Trust Company, N.A.,St. Louis                                                                150

The Merchants National Bank of Mobile, Mobile                                                      20

Morgan Guaranty Trust Company of New York, New York                                                853

National Bank of Commerce, Memphis                                                                     26

The National Bank of Commerce of Seattle, Seattle                                                  86

National Bank of North America, New York                                                                        105

North Carolina National Bank, Charlotte                                                                   84

The Northern Trust Company, Chicago                                                                      120

Peoples National Bank of Washington, Seattle                                                          35

Pittsburgh National Bank, Pittsburgh                                                                         150

Provident National Bank, Philadelphia                                                                      120

Republic National Bank of Dallas, Dallas                                                                  188 The Riggs National Bank of Washington, D.C., Washington                                  83

Security Pacific National Bank, Los Angeles                                                            525

Society National Bank of Cleveland, Cleveland                                                        75

Sterling National Bank & Trust Company of New York, New York                        39

United Aircraft Corporation, East Hartford                                                               200

United California Bank, Los Angeles                                                                        300

United States National Bank of Oregan, Portland                                                     113

Wells Fargo Bank, N.A., San Francisco                                                                     567

                                                                        Total                                                 4,221

Note: Franklin National Bank, N.Y. replaced by European American Banking Corp., N.Y / European Bank and Trust Company (David Kennedy representative on the Board of PEFCO for Franklin i.e. Michele Sindona and Fasco (European Holding Entity)

For detail, see History Document, as referenced in document index.

*   Bankers Trust New York Corp