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January 1997

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Models
Day Stable Value Value Stock Equity Index Growth Stock Intl. Stock Div. Small Co. Stock Conserv. Portfolio Moderate Portfolio Aggressive Portfolio TWA Stock
02 401K AND DAP CONTRIBUTIONS PURCHASED ON 01/02/97
02 24.23 70.71 77.99 73.34 52.24 73.88 39.18 53.54 54.33 33.53
03 24.26 72.64 80.47 75.94 52.41 75.63 39.92 54.67 55.68 35.57
06 24.32 72.77 80.60 76.31 53.38 76.47 40.00 54.94 56.06 34.69
07 24.32 73.76 81.92 77.42 53.95 77.66 40.37 55.56 56.85 34.69
08 24.34 72.91 81.05 76.58 54.52 77.26 40.11 55.25 56.50 31.77
09 24.38 74.44 82.45 77.74 54.76 78.43 40.61 55.94 57.34 32.65
10 24.36 75.35 83.47 78.56 54.29 78.79 40.91 56.29 57.73 32.35
13 24.41 75.39 83.39 78.44 54.96 78.23 40.94 56.31 57.71 32.35
14 24.48 77.19 85.42 80.22 55.84 79.66 41.60 57.31 58.91 32.35
15 24.51 76.78 85.01 79.59 56.60 79.33 41.49 57.17 58.76 31.16
16 24.50 77.32 85.58 80.49 57.14 79.08 41.67 57.48 59.08 29.70
17 24.54 78.35 86.96 81.67 56.90 79.83 42.08 58.02 59.71 32.03
20 24.60 78.82 87.32 82.24 56.43 80.67 42.26 58.26 60.00 31.16
21 24.63 80.12 88.47 83.05 56.16 81.76 42.68 58.78 60.63 23.98
22 24.65 80.50 89.20 83.47 56.29 82.46 42.87 59.06 61.00 29.10
23 24.65 79.31 87.62 82.41 56.21 81.83 42.42 58.49 60.33 29.10
24 24.66 77.91 85.88 80.53 55.51 80.02 41.91 57.59 59.24 29.69
27 24.70 76.74 84.52 79.01 54.74 78.14 41.53 56.82 58.27 29.69
28 24.75 76.76 84.64 79.08 55.05 78.35 41.58 56.92 58.39 29.69
29 24.76 77.87 85.91 79.64 53.09 78.20 41.98 57.11 58.45 29.98
30 24.80 79.94 88.29 81.91 55.28 79.41 42.73 58.37 59.90 31.43
31 24.87 80.44 88.75 82.96 56.08 80.29 42.93 58.82 60.46 31.39
JANUARY FUND PERFORMANCE (IN PERCENTAGES)
0.52% 5.15% 5.29% 4.58% 1.58% 2.35% 2.44% 2.88% 3.21% n/a

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