SPECIAL REPORT: EXECUTIVE PAY : How We Put The California 100 Together

Source: The compensation data in this chart were provided by Standard & Poor’s Compustat Services in Denver and were derived from proxy and 10K filings of California’s 100 largest publicly held companies, ranked by revenue.

Who Is Listed: The chart lists the top-ranking officer at each company, usually the chief executive officer. In a few cases, we have listed the president rather than the CEO because historic salary trends indicate that the president is the top officer.

Total Compensation: Includes salary; bonus; the reported value of stock options granted during the year; the value of restricted stock awards; long term compensation, and “other” compensation, which includes company-paid perquisites, severance and retirement pay.

Stock Options Granted: The figures listed in this column may have been calculated by the company in a variety of ways.

Some represent the present value of the options based on a complex formula called the Black-Scholes method. Others represent the future value of 1992 stock grants, based on the assumption that the stock will appreciate 5% per year. The 5% method typically results in a higher value than the Black-Scholes method. The figures used here are those reported by each company in its proxy.

In addition, about a third of the companies did not report a figure in this category, because of SEC rules prevailing at the time they issued their proxies.

Stock Awards: Restricted stock awards are gifts of stock that usually become free of restrictions after a period of time or after performance goals have been met. The listed value of the award represents the value of the underlying stock on the date of the grant.

Stock Options Exercised: This column lists the difference between the market price of an officer’s stock and the price at which the option to purchase it was exercised, as of the date of purchase. Figures in this column are not added into the executives’ “total compensation,” because the gains essentially are earned over a period of years.

Performance Rating: These ratings were calculated by Strategic Compensation Associates of Los Angeles. They are based on total shareholder return, company size and stock-price volatility.

Size was factored in because it affects executives’ pay, even though it does not necessarily affect stockholder performance. All things being equal, big companies pay their executives more--sometimes a lot more--than small ones.

Volatility was taken into account through an adjustment for risk. SCA calculated risk using the “Capital Asset Pricing Model,” a well-known and widely accepted technique for determining the relative risk of an investment.

Why adjust for risk? Because a shareholder in a higher-risk company--such as a high technology firm--is taking a bigger gamble than someone who invests in a lower-risk entity such as an electric utility, explains Dan Marcus, SCA vice president. Such shareholders expect a higher total return, both in terms of the stock’s price and dividend yield, he says.

SCA calculated risk-adjusted return for the last five years, then averaged the annual figures to come up with an overall return. This approach captures short- and long-term performance.

In the end, each company was assigned a rating consisting of a letter and a number.

The letter indicates company size, based on stock market capitalization (shares outstanding multiplied by per-share price). “H” indicates a highly capitalized company (one with more than $5 billion in market capitalization), “M” indicates medium capitalization ($1 billion to $5 billion) and “L” indicates low capitalization (less than $1 billion).

Within each size group, SCA ranked the companies by performance. The top third were given a “1,” the middle third a “2” and the bottom third a “3.”

In other words, when you see “1H” in the Performance Rating column, you’re looking at a high-performing (1), big (H) company.

Footnotes

* Value of stock options calculated by the “5% method,” assuming a 5% annual gain.

NA Not available. The value of stock options granted was not available for companies reporting under old SEC guidelines.

** Value of restricted stock grants is estimated.

*** Includes $1.9-million gain from a stock purchase agreement.

CEO Chief Executive Officer

COB Chairman of the Board

CCOB Co-Chairman of the Board

P President

CTO Chief Technical Officer

VCOB Vice Chairman of the Board

DIR Director

The California 100

INDUSTRIALS Company: Conner Peripherals Performance Rating: 2L Size Ranking: 44 Executive: Finis F. Conner Title: COB, CEO Total Compensation: $8,567,513 Salary & Bonus: $1,795,763 % Chg. From Prev. Yr: 108 Long-term Compensation: 0 Stock Options Granted: $5,084,250* Stock Awards: $1,687,500 Other Comp.: 0 Stock Options Exercised: 0 Company: Occidental Petroleum Corp. Performance Rating: 3H Size Ranking: 12 Executive: Ray R. Irani Title: COB, P, CEO Total Compensation: $6,315,105 Salary & Bonus: $2,772,000 % Chg. From Prev. Yr: 19 Long-term Compensation: 0 Stock Options Granted: $742,500 Stock Awards: $1,734,526 Other Comp.: $1,066,079 Stock Options Exercised: 0 Company: Atlantic Richfield Co. Performance Rating: 2H Size Ranking: 2 Executive: Lodwrick M. Cook Title: COB, CEO Total Compensation: $4,590,109 Salary & Bonus: $1,802,032 % Chg. From Prev. Yr: 10 Long-term Compensation: 0 Stock Options Granted: $2,720,502* Stock Awards: 0 Other Comp.: $67,575 Stock Options Exercised: 0 Company: Hewlett-Packard Co. Performance Rating: 2H Size Ranking: 3 Executive: John A. Young Title: VCOB, P, CEO Total Compensation: $3,912,759 Salary & Bonus: $1,656,529 % Chg. From Prev. Yr: 12 Long-term Compensation: 0 Stock Options Granted: $2,256,230 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $1,551,200 Company: Chevron Corp. Performance Rating: 2H Size Ranking: 1 Executive: Kenneth T. Derr Title: COB, CEO Total Compensation: $3,911,701 Salary & Bonus: $1,559,000 % Chg. From Prev. Yr: 13 Long-term Compensation: $311,328 Stock Options Granted: $2,041,373* Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Unocal Corp. Performance Rating: 3H Size Ranking: 11 Executive: Richard J. Stegemeier Title: COB, CEO Total Compensation: $3,512,373 Salary & Bonus: $1,092,500 % Chg. From Prev. Yr: 26 Long-term Compensation: $818,330 Stock Options Granted: $1,218,479* Stock Awards: $373,206 Other Comp.: $9,858 Stock Options Exercised: $1,009,715 Company: Rockwell International Performance Rating: 3H Size Ranking: 7 Executive: Donald R. Beall Title: COB, CEO Total Compensation: $3,326,646 Salary & Bonus: $1,397,917 % Chg. From Prev. Yr: -7 Long-term Compensation: 0 Stock Options Granted: $1,923,200 Stock Awards: 0 Other Comp.: $5,529 Stock Options Exercised: 0 Company: Advanced Micro Devices Performance Rating: 1M Size Ranking: 57 Executive: W.J. Sanders III Title: COB, CEO Total Compensation: $2,964,516 Salary & Bonus: $2,749,975 % Chg. From Prev. Yr: 59 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: $214,541 Stock Options Exercised: $19,391,461 Company: Lockheed Corp. Performance Rating: 2H Size Ranking: 9 Executive: Daniel M. Tellep Title: COB, CEO Total Compensation: $2,628,918 Salary & Bonus: $1,350,000 % Chg. From Prev. Yr: 10 Long-term Compensation: $203,318 Stock Options Granted: $1,075,600* Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $164,608 Company: Intel Corp. Performance Rating: 1H Size Ranking: 18 Executive: Andrew S. Grove Title: P, CEO Total Compensation: $2,189,200 Salary & Bonus: $1,351,300 % Chg. From Prev. Yr: 21 Long-term Compensation: 0 Stock Options Granted: $837,900* Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $4,710,000 Company: Varian Associates Inc. Performance Rating: 2L Size Ranking: 68 Executive: J. Tracy O’Rourke Title: COB, CEO Total Compensation: $2,146,384 Salary & Bonus: $1,095,348 % Chg. From Prev. Yr: -38 Long-term Compensation: $770,648 Stock Options Granted: NA Stock Awards: $228,938** Other Comp.: $51,450 Stock Options Exercised: 0 Company: Pacific Gas & Electric Performance Rating: 1H Size Ranking: 8 Executive: Richard A. Clarke Title: COB, CEO Total Compensation: $1,918,428 Salary & Bonus: $943,000 % Chg. From Prev. Yr: -4 Long-term Compensation: $652,000 Stock Options Granted: $279,750 Stock Awards: 0 Other Comp.: $43,678 Stock Options Exercised: $191,438 Company: Kaufman & Broad Home Performance Rating: 2L Size Ranking: 76 Executive: Bruce Karatz Title: P, COO Total Compensation: $1,913,695 Salary & Bonus: $1,287,917 % Chg. From Prev. Yr: 5 Long-term Compensation: 0 Stock Options Granted: $625,778* Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $4,344,337 Company: Potlatch Corp. Performance Rating: 2M Size Ranking: 65 Executive: Richard B. Madden Title: COB, CEO Total Compensation: $1,903,300 Salary & Bonus: $1,234,300 % Chg. From Prev. Yr: 31 Long-term Compensation: 0 Stock Options Granted: $669,000 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $838,797 Company: Avery Dennison Corp. Performance Rating: 2M Size Ranking: 37 Executive: Charles D. Miller Title: COB, CEO Total Compensation: $1,818,350 Salary & Bonus: $1,180,000 % Chg. From Prev. Yr: 11 Long-term Compensation: 0 Stock Options Granted: $638,350 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $1,235,039 Company: Allergan Inc. Performance Rating: 2M Size Ranking: 84 Executive: William C. Shepherd Title: P, CEO Total Compensation: $1,676,764 Salary & Bonus: $756,004 % Chg. From Prev. Yr: 13 Long-term Compensation: 0 Stock Options Granted: $680,760 Stock Awards: $240,000 Other Comp.: 0 Stock Options Exercised: $95,278 Company: Apple Computer Inc. Performance Rating: 3H Size Ranking: 16 Executive: John Sculley Title: COB, CEO, CTO Total Compensation: $1,650,158 Salary & Bonus: $1,650,158 % Chg. From Prev. Yr: 23 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $4,865,508 Company: Times Mirror Co. Performance Rating: 3H Size Ranking: 29 Executive: Robert F. Erburu Title: COB, CEO Total Compensation: $1,499,687 Salary & Bonus: $875,001 % Chg. From Prev. Yr: 0 Long-term Compensation: 0 Stock Options Granted: $624,686 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Pacific Enterprises Performance Rating: 3M Size Ranking: 35 Executive: Willis B. Wood, Jr. Title: COB, P, CEO Total Compensation: $1,449,000 Salary & Bonus: $765,000 % Chg. From Prev. Yr: 60 Long-term Compensation: 0 Stock Options Granted: $684,000 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Mattel Inc. Performance Rating: 1H Size Ranking: 51 Executive: John W. Amerman Title: COB, CEO Total Compensation: $1,412,306 Salary & Bonus: $1,412,306 % Chg. From Prev. Yr: -5 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $8,600,987 Company: National Semiconductor Corp. Performance Rating: 1M Size Ranking: 50 Executive: Gilbert F. Amelio Title: P, CEO Total Compensation: $1,391,796 Salary & Bonus: $1,391,796 % Chg. From Prev. Yr: 0 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: AST Research Inc. Performance Rating: 1L Size Ranking: 72 Executive: Safi U. Qureshey Title: P, CEO Total Compensation: $1,361,000 Salary & Bonus: $1,276,000 % Chg. From Prev. Yr: -54 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: $85,000 Stock Options Exercised: $877,500 Company: SCE Corp. Performance Rating: 2H Size Ranking: 13 Executive: John E. Bryson Title: COB, CEO Total Compensation: $1,299,961 Salary & Bonus: $905,800 % Chg. From Prev. Yr: 12 Long-term Compensation: 0 Stock Options Granted: $393,360 Stock Awards: 0 Other Comp.: $801 Stock Options Exercised: 0 Company: Amgen Inc. Performance Rating: 1H Size Ranking: 77 Executive: Gordon M. Binder Title: COB, CEO Total Compensation: $1,263,319 Salary & Bonus: $807,367 % Chg. From Prev. Yr: 41 Long-term Compensation: 0 Stock Options Granted: $455,952* Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $333,750 Company: Fleetwood Enterprises Performance Rating: 1M Size Ranking: 52 Executive: John C. Crean Title: COB, CEO Total Compensation: $1,193,640 Salary & Bonus: $1,193,640 % Chg. From Prev. Yr: 149 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $5,529,258 Company: Beckman Instruments Inc. Performance Rating: 2L Size Ranking: 83 Executive: Louis T. Rosso Title: COB, P, CEO Total Compensation: $1,172,456 Salary & Bonus: $835,406 % Chg. From Prev. Yr: 56 Long-term Compensation: 0 Stock Options Granted: $337,050 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Northrop Corp. Performance Rating: 2M Size Ranking: 21 Executive: Kent Kresa Title: COB, P, CEO Total Compensation: $1,150,000 Salary & Bonus: $1,150,000 % Chg. From Prev. Yr: -8 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Amdahl Corp. Performance Rating: 3L Size Ranking: 39 Executive: E. Joseph Zemke Title: CEO Total Compensation: $1,148,547 Salary & Bonus: $521,172 % Chg. From Prev. Yr: 10 Long-term Compensation: 0 Stock Options Granted: $451,625* Stock Awards: $175,750 Other Comp.: 0 Stock Options Exercised: 0 Company: Litton Industries Inc. Performance Rating: 3M Size Ranking: 20 Executive: Orion L. Hoch Title: COB, CEO Total Compensation: $1,134,045 Salary & Bonus: $1,134,045 % Chg. From Prev. Yr: -19 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: San Diego Gas & Electric Performance Rating: 2H Size Ranking: 49 Executive: Thomas A. Page Title: COB, CEO Total Compensation: $1,101,190 Salary & Bonus: $751,408 % Chg. From Prev. Yr: 4 Long-term Compensation: $344,703 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: $5,079 Stock Options Exercised: 0 Company: Homestake Mining Performance Rating: 3M Size Ranking: 93 Executive: Harry M. Conger Title: COB, CEO Total Compensation: $1,069,210 Salary & Bonus: $465,000 % Chg. From Prev. Yr: 0 Long-term Compensation: 0 Stock Options Granted: $604,210* Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $156,553 Company: Teledyne Inc. Performance Rating: 3M Size Ranking: 36 Executive: William P. Rutledge Title: COB, CEO Total Compensation: $1,065,500 Salary & Bonus: $550,000 % Chg. From Prev. Yr: -19 Long-term Compensation: 0 Stock Options Granted: $515,500 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Syntex Corp. Performance Rating: 3H Size Ranking: 47 Executive: Paul E. Freiman Title: COB, CEO Total Compensation: $1,031,637 Salary & Bonus: $983,333 % Chg. From Prev. Yr: -2 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: $48,304 Stock Options Exercised: $315,431 Company: Sun Microsystems Inc. Performance Rating: 1H Size Ranking: 28 Executive: Scott G. McNealy Title: COB, P, CEO Total Compensation: $995,764 Salary & Bonus: $995,764 % Chg. From Prev. Yr: -37 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Magnetek Inc. Performance Rating: 2L Size Ranking: 63 Executive: Frank Perna, Jr. Title: P, CEO Total Compensation: $925,000 Salary & Bonus: $925,000 % Chg. From Prev. Yr: -6 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Seagate Technology Performance Rating: 1M Size Ranking: 33 Executive: Alan F. Shugart Title: P, CEO, COO Total Compensation: $775,484 Salary & Bonus: $775,484 % Chg. From Prev. Yr: -34 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $991,250 Company: Quantum Corp. Performance Rating: 2L Size Ranking: 56 Executive: Stephen M. Berkley Title: COB, CEO Total Compensation: $726,943 Salary & Bonus: $726,943 % Chg. From Prev. Yr: -30 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $9,654,128 Company: Silicon Graphics Inc. Performance Rating: 1M Size Ranking: 80 Executive: Edward R. McCracken Title: P, CEO Total Compensation: $694,996 Salary & Bonus: $694,996 % Chg. From Prev. Yr: 53 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Dole Food Co. Performance Rating: 3M Size Ranking: 31 Executive: David H. Murdock Title: COB, CEO Total Compensation: $611,539 Salary & Bonus: $611,539 % Chg. From Prev. Yr: -46 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Maxtor Corp. Performance Rating: 1L Size Ranking: 61 Executive: Laurence R. Hootnick Title: P, CEO Total Compensation: $593,879 Salary & Bonus: $593,879 % Chg. From Prev. Yr: 0 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Tandem Computers Inc. Performance Rating: 3M Size Ranking: 46 Executive: James G. Treybig Title: P, CEO Total Compensation: $586,755 Salary & Bonus: $586,755 % Chg. From Prev. Yr: 30 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 94,512 Company: Rohr Inc. Performance Rating: 3L Size Ranking: 69 Executive: R. H. Goldsmith Title: COB, CEO Total Compensation: $577,864 Salary & Bonus: $457,177 % Chg. From Prev. Yr: -27 Long-term Compensation: $120,687 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: ICN Pharmaceuticals Inc. Performance Rating: 3L Size Ranking: 99 Executive: Milan Panic Title: COB, CEO Total Compensation: $574,041 Salary & Bonus: $535,000 % Chg. From Prev. Yr: -30 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: $39,041 Stock Options Exercised: 0 Company: Western Digital Corp. Performance Rating: 1L Size Ranking: 74 Executive: Roger W. Johnson Title: COB, CEO Total Compensation: $537,203 Salary & Bonus: $537,203 % Chg. From Prev. Yr: 0 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: LSI Logic Corp. Performance Rating: 2L Size Ranking: 94 Executive: Wilfred J. Corrigan Title: CEO Total Compensation: $509,600 Salary & Bonus: $500,000 % Chg. From Prev. Yr: 8 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: $9,600 Stock Options Exercised: 0 Company: Clorox Co. Performance Rating: 2H Size Ranking: 54 Executive: G. Craig Sullivan Title: VCOB, CEO Total Compensation: $507,135 Salary & Bonus: $405,453 % Chg. From Prev. Yr: 12 Long-term Compensation: $61,582 Stock Options Granted: NA Stock Awards: $40,100 Other Comp.: 0 Stock Options Exercised: 0 Company: Raychem Corp. Performance Rating: 2M Size Ranking: 62 Executive: Robert J. Saldich Title: P, CEO Total Compensation: $448,766 Salary & Bonus: $448,766 % Chg. From Prev. Yr: 0 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0

SERVICES Company: Gap Inc. Performance Rating: 1H Size Ranking: 34 Executive: Millard S. Drexler Title: P Total Compensation: $41,862,955 Salary & Bonus: $1,324,691 % Chg. From Prev. Yr: -44 Long-term Compensation: 0 Stock Options Granted: $288,264* Stock Awards: $40,250,000 Other Comp.: 0 Stock Options Exercised: 0 Company: Walt Disney Co. Performance Rating: 1H Size Ranking: 14 Executive: Michael D. Eisner Title: COB, CEO Total Compensation: $7,458,981 Salary & Bonus: $7,458,981 % Chg. From Prev. Yr: 37 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Charles Schwab Corp. Performance Rating: 1L Size Ranking: 82 Executive: Charles R. Schwab Title: COB, CEO Total Compensation: $5,274,407 Salary & Bonus: $3,166,157 % Chg. From Prev. Yr: 1 Long-term Compensation: 0 Stock Options Granted: $2,108,250* Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: National Health Laboratories Performance Rating: 2M Size Ranking: 90 Executive: James R. Maher Title: P, CEO Total Compensation: $4,232,116 Salary & Bonus: $1,697,116 % Chg. From Prev. Yr: 0 Long-term Compensation: 0 Stock Options Granted: $2,535,000 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Pacific Telesis Group Performance Rating: 3H Size Ranking: 10 Executive: Sam L. Ginn Title: COB, P, CEO Total Compensation: $4,097,421 Salary & Bonus: $1,240,167 % Chg. From Prev. Yr: 11 Long-term Compensation: $337,885 Stock Options Granted: $2,433,600* Stock Awards: 0 Other Comp.: $85,769 Stock Options Exercised: $448,000 Company: Caesars World Performance Rating: 2L Size Ranking: 81 Executive: Henry Gluck Title: COB, CEO Total Compensation: $3,615,179 Salary & Bonus: $1,629,702 % Chg. From Prev. Yr: 44 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: $1,627,000** Other Comp.: $358,477 Stock Options Exercised: $2,668,250 Company: Fluor Corp. Performance Rating: 2H Size Ranking: 17 Executive: Leslie G. McCraw Title: COB, CEO Total Compensation: $2,830,909 Salary & Bonus: $1,172,323 % Chg. From Prev. Yr: 10 Long-term Compensation: $189,328 Stock Options Granted: $853,825 Stock Awards: $575,802 Other Comp.: $39,631 Stock Options Exercised: $1,462,765 Company: Smart & Final Inc. Performance Rating: 1L Size Ranking: 87 Executive: Robert J. Emmons Title: CEO Total Compensation: $2,682,165 Salary & Bonus: $687,308 % Chg. From Prev. Yr: 7 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: $1,994,857*** Stock Options Exercised: 0 Company: Carter Hawley Hale Performance Rating: 3L Size Ranking: 45 Executive: P. M. Hawley Title: COB, CEO Total Compensation: $2,531,500 Salary & Bonus: $787,500 % Chg. From Prev. Yr: 5 Long-term Compensation: $1,744,000 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Vons Cos. Performance Rating: 3M Size Ranking: 19 Executive: Roger E. Strangeland Title: COB, CEO Total Compensation: $2,129,611 Salary & Bonus: $1,379,718 % Chg. From Prev. Yr: 42 Long-term Compensation: 0 Stock Options Granted: $732,400 Stock Awards: 0 Other Comp.: $17,493 Stock Options Exercised: 0 Company: National Medical Enterprises Performance Rating: 3H Size Ranking: 27 Executive: Richard K. Eamer Title: COB, CEO Total Compensation: $1,822,638 Salary & Bonus: $1,744,019 % Chg. From Prev. Yr: -12 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: $78,619 Stock Options Exercised: 0 Company: Merisel Inc. Performance Rating: 1L Size Ranking: 43 Executive: Michael D. Pickett Title: CCOB, CEO, P Total Compensation: $1,816,075 Salary & Bonus: $743,025 % Chg. From Prev. Yr: 43 Long-term Compensation: 0 Stock Options Granted: $1,073,050* Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Wellpoint Health Networks Performance Rating: 3L Size Ranking: 42 Executive: Leonard D. Schaeffer Title: CEO Total Compensation: $1,378,799 Salary & Bonus: $907,650 % Chg. From Prev. Yr: 33 Long-term Compensation: $425,020 Stock Options Granted: NA Stock Awards: 0 Other Comp.: $46,129 Stock Options Exercised: 0 Company: TakeCare Inc. Performance Rating: 1L Size Ranking: 95 Executive: R. Judd Jessup Title: P Total Compensation: $1,314 409 Salary & Bonus: $451,233 % Chg. From Prev. Yr: 39 Long-term Compensation: $863,176 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Pacificare Health Systems Performance Rating: 1M Size Ranking: 53 Executive: Terry Hartshorn Title: P, CEO Total Compensation: $1,181,789 Salary & Bonus: $857,789 % Chg. From Prev. Yr: 27 Long-term Compensation: $324,000 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $331,250 Company: Ross Stores Inc. Performance Rating: 2L Size Ranking: 78 Executive: Norman A. Ferber Title: COB, CEO Total Compensation: $1,125,696 Salary & Bonus: $765,988 % Chg. From Prev. Yr: -15 Long-term Compensation: 0 Stock Options Granted: $359,100* Stock Awards: 0 Other Comp.: $608 Stock Options Exercised: $1,328,175 Company: American President Cos. Performance Rating: 2L Size Ranking: 38 Executive: John M. Lillie Title: COB, CEO Total Compensation: $1,110,335 Salary & Bonus: $931,875 % Chg. From Prev. Yr: 4 Long-term Compensation: 0 Stock Options Granted: $178,333 Stock Awards: 0 Other Comp.: $127 Stock Options Exercised: 0 Company: Hilton Hotels Corp. Performance Rating: 3H Size Ranking: 71 Executive: Barron Hilton Title: COB, P, CEO Total Compensation: $1,100,000 Salary & Bonus: $1,100,000 % Chg. From Prev. Yr: 10 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Oracle Systems Corp. Performance Rating: 1H Size Ranking: 66 Executive: L.J. Ellison Title: COB, P, CEO Total Compensation: $1,100,000 Salary & Bonus: $1,100,000 % Chg. From Prev. Yr: 22 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Foundation Health Corp. Performance Rating: 1L Size Ranking: 67 Executive: Daniel D. Crowley Title: COB, P, CEO Total Compensation: $1,040,759 Salary & Bonus: $1,040,759 % Chg. From Prev. Yr: -8 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Foodmaker Inc. Performance Rating: 3L Size Ranking: 70 Executive: Jack W. Goodall Title: COB, CEO Total Compensation: $967,595 Salary & Bonus: $967,595 % Chg. From Prev. Yr: 16 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Computer Sciences Corp. Performance Rating: 2M Size Ranking: 41 Executive: William R. Hoover Title: COB, P Total Compensation: $936,538 Salary & Bonus: $936,538 % Chg. From Prev. Yr: 8 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Rykoff-Sexton Inc. Performance Rating: 3L Size Ranking: 58 Executive: Roger W. Coleman Title: COB, CEO Total Compensation: $895,126 Salary & Bonus: $696,626 % Chg. From Prev. Yr: 16 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: $198,500** Other Comp.: 0 Stock Options Exercised: 0 Company: McKesson Corp. Performance Rating: 2M Size Ranking: 6 Executive: Alan Seelenfreund Title: COB, CEO Total Compensation: $895,078 Salary & Bonus: $790,453 % Chg. From Prev. Yr: -4 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: $104,625 Other Comp.: 0 Stock Options Exercised: $179,559 Company: Jacobs Engineering Group Inc. Performance Rating: 1L Size Ranking: 73 Executive: Joseph J. Jacobs Title: COB, CEO Total Compensation: $784,457 Salary & Bonus: $784,457 % Chg. From Prev. Yr: 10 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Applied Materials Performance Rating: 1M Size Ranking: 86 Executive: James C. Morgan Title: COB, CEO Total Compensation: $760,613 Salary & Bonus: $760,613 % Chg. From Prev. Yr: 61 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $6,634,748 Company: Bergen Brunswig Corp. Performance Rating: 2L Size Ranking: 22 Executive: Robert E. Martini Title: COB, CEO Total Compensation: $759,161 Salary & Bonus: $759,161 % Chg. From Prev. Yr: 12 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Safeway Inc. Performance Rating: 3M Size Ranking: 5 Executive: Peter A. Magowan Title: COB, CEO Total Compensation: $731,000 Salary & Bonus: $731,000 % Chg. From Prev. Yr: -28 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Pinkertons Inc. Performance Rating: 3L Size Ranking: 91 Executive: Thomas W. Wathen Title: COB, P, CEO Total Compensation: $680,480 Salary & Bonus: $600,000 % Chg. From Prev. Yr: 0 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: $80,480 Stock Options Exercised: 0 Company: Consolidated Freightways Inc. Performance Rating: 3L Size Ranking: 26 Executive: Donald E. Moffitt Title: P, CEO Total Compensation: $624,206 Salary & Bonus: $624,206 % Chg. From Prev. Yr: 29 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $14,438 Company: American Building Maint. Performance Rating: 2L Size Ranking: 88 Executive: Sydney J. Rosenberg Title: COB, CEO Total Compensation: $554,496 Salary & Bonus: $374,674 % Chg. From Prev. Yr: 34 Long-term Compensation: 0 Stock Options Granted: $179,822* Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Marshall Industries Performance Rating: 1L Size Ranking: 96 Executive: Gordon S. Marshall Title: COB, P, CEO Total Compensation: $528,637 Salary & Bonus: $528,637 % Chg. From Prev. Yr: 48 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Longs Drug Stores Inc. Performance Rating: 3L Size Ranking: 40 Executive: R.M. Long Title: COB, CEO Total Compensation: $408 965 Salary & Bonus: $406,570 % Chg. From Prev. Yr: -3 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: $2,395 Stock Options Exercised: 0 Company: FHP International Corp. Performance Rating: 1L Size Ranking: 55 Executive: Westcott W. Price III Title: P, CEO Total Compensation: $365,000 Salary & Bonus: $365,000 % Chg. From Prev. Yr: -17 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: House of Fabrics Inc. Performance Rating: 3L Size Ranking: 98 Executive: Gary L. Larkins Title: P, CEO Total Compensation: $324,471 Salary & Bonus: $262,261 % Chg. From Prev. Yr: -33 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: $62,210 Stock Options Exercised: 0 Company: Adia Services Inc. Performance Rating: 3L Size Ranking: 89 Executive: John P. Bowman Title: CEO Total Compensation: $313,800 Salary & Bonus: $100,000 % Chg. From Prev. Yr: 0 Long-term Compensation: 0 Stock Options Granted: $213,800* Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Price Co. Performance Rating: 3M Size Ranking: 15 Executive: Robert E. Price Title: COB, CEO Total Compensation: $274,050 Salary & Bonus: $274,050 % Chg. From Prev. Yr: 2 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0

FINANCIALS Company: Transamerica Corp. Performance Rating: 2H Size Ranking: 24 Executive: Frank C. Herringer Title: P, CEO Total Compensation: $4,126,000 Salary & Bonus: $1,508,000 % Chg. From Prev. Yr: 38 Long-term Compensation: 0 Stock Options Granted: $2,618,000* Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: BankAmerica Corp. Performance Rating: 1H Size Ranking: 5 Executive: R.M. Rosenberg Title: COB, CEO Total Compensation: $3,785,917 Salary & Bonus: $2,010,429 % Chg. From Prev. Yr: 26 Long-term Compensation: 0 Stock Options Granted: $1,338,000 Stock Awards: $437,488 Other Comp.: 0 Stock Options Exercised: 0 Company: Wells Fargo & Co. Performance Rating: 2H Size Ranking: 23 Executive: Carl E. Reichardt Title: COB, CEO Total Compensation: $3,157,408 Salary & Bonus: $775,000 % Chg. From Prev. Yr: 0 Long-term Compensation: 0 Stock Options Granted: $2,382,250* Stock Awards: 0 Other Comp.: $158 Stock Options Exercised: 0 Company: First Interstate Bancorp. Performance Rating: 1H Size Ranking: 25 Executive: Edward M. Carson Title: COB, CEO Total Compensation: $2,681,167 Salary & Bonus: $1,836,967 % Chg. From Prev. Yr: 176 Long-term Compensation: 0 Stock Options Granted: $844,200 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $28,875 Company: Sunamerica Inc. Performance Rating: 1L Size Ranking: 85 Executive: Eli Broad Title: COB, CEO Total Compensation: $2,627 141 Salary & Bonus: $1,260,535 % Chg. From Prev. Yr: 25 Long-term Compensation: 0 Stock Options Granted: $1,279,226* Stock Awards: 0 Other Comp.: $87,380 Stock Options Exercised: $3,937,410 Company: H.F. Ahmanson & Co. Performance Rating: 2M Size Ranking: 30 Executive: Richard H. Deihl Title: COB, CEO Total Compensation: $2,606,182 Salary & Bonus: $1,282,247 % Chg. From Prev. Yr: 6 Long-term Compensation: $1,323,935 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Zenith National Insurance Performance Rating: 2L Size Ranking: 100 Executive: Stanley R. Zax Title: COB, P Total Compensation: $2,017,375 Salary & Bonus: $2,017,375 % Chg. From Prev. Yr: 0 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Countrywide Credit Indus. Performance Rating: 1M Size Ranking: 97 Executive: David S. Loeb Title: COB, P Total Compensation: $1,809,850 Salary & Bonus: $1,809,850 % Chg. From Prev. Yr: 58 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: $2,165,789 Company: Great Western Financial Performance Rating: 3H Size Ranking: 32 Executive: James F. Montgomery Title: COB, CEO Total Compensation: $1,669,131 Salary & Bonus: $1,377,500 % Chg. From Prev. Yr: -17 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: $291,631 Stock Options Exercised: $1,025,185 Company: 20th Century Industries Performance Rating: 1M Size Ranking: 79 Executive: Louis W. Foster Title: COB, CEO Total Compensation: $1,023,500 Salary & Bonus: $1,000,000 % Chg. From Prev. Yr: 0 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: $23,500 Stock Options Exercised: 0 Company: Golden West Financial Corp. Performance Rating: 2H Size Ranking: 48 Executive: Herbert M. Sandler Title: COB, CEO Total Compensation: $813,539 Salary & Bonus: $808,333 % Chg. From Prev. Yr: 5 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: $5,206 Stock Options Exercised: $3,541,585 Company: California Federal Bank Performance Rating: 3L Size Ranking: 59 Executive: Jerry St. Dennis Title: COB, CEO Total Compensation: $725,000 Salary & Bonus: $725,000 % Chg. From Prev. Yr: 81 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Coast Savings Financial Performance Rating: 2L Size Ranking: 92 Executive: Ray Martin Title: COB, CEO Total Compensation: $500,004 Salary & Bonus: $500,004 % Chg. From Prev. Yr: -15 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Glenfed Inc. Performance Rating: 3L Size Ranking: 64 Executive: Stephen J. Trafton Title: COB, P, CEO Total Compensation: $452,308 Salary & Bonus: $452,308 % Chg. From Prev. Yr: 37 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: Union Bank Performance Rating: 1L Size Ranking: 60 Executive: Taisuke Shimizu Title: P, CEO Total Compensation: $447,692 Salary & Bonus: $447,692 % Chg. From Prev. Yr: 11 Long-term Compensation: 0 Stock Options Granted: 0 Stock Awards: 0 Other Comp.: 0 Stock Options Exercised: 0 Company: First American Financial Performance Rating: 1L Size Ranking: 75 Executive: D. P. Kennedy Title: P, DIR Total Compensation: $407,852 Salary & Bonus: $406,240 % Chg. From Prev. Yr: 45 Long-term Compensation: 0 Stock Options Granted: NA Stock Awards: 0 Other Comp.: $812 Stock Options Exercised: 0 Source: Standard and Poor’s Compustat Inc.