No. of
Shares Company Cost Market
---------- ------- ---------- ----------
(000s omitted)
246,450 American Broadcasting Companies, Inc. ... $ 6,082 $ 8,626
1,294,308 Government Employees Insurance Company
Common Stock ......................... 4,116 9,060
1,986,953 Government Employees Insurance Company
Convertible Preferred ................ 19,417 28,314
592,650 Interpublic Group of Companies, Inc. .... 4,531 19,039
1,066,934 Kaiser Aluminum and Chemical Corporation 18,085 18,671
453,800 Knight-Ridder Newspapers, Inc. .......... 7,534 10,267
953,750 SAFECO Corporation ...................... 23,867 26,467
934,300 The Washington Post Company ............. 10,628 43,445
---------- ----------
Total ................................... $ 94,260 $163,889
All Other Holdings ...................... 39,506 57,040
---------- ----------
Total Equities .......................... $133,766 $220,929
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