The MFS Institutional Mid Cap Growth Fund was terminated on 5/27/03 with the assets being reallocated to the Growth Stock Option as follows:
| Turner Mid Cap Growth | 20% |
| TCW Galileo Select Equity I | 20% |
| Marsico Focus | 20% |
| BGI – Growth Index | 40% |
| Total | 100% |
Termination was due to poor performance in a down-market, and relative under-performance in a recovering up-market. A new manager search is underway for an addition to this option.