TABLE B-11
 
                                               COLLECTIVE INVESTMENT FUNDS
                                             15 LARGEST FOREIGN EQUITY FUNDS
                                                      BY ASSET SIZE
                                                    DECEMBER 31, 1998
                                                                                                 FUND          TOTAL ASSETS   TOTAL
SEQ  NAME OF INSTITUTION                       FUND NAME                                     CLASSIFICATION    (THOUS. OF $) ACCOUNT
 
  1  Barclays Global Investors, National   EAFE EQUITY INDEX FUND                         02 EMPLOYEE BENEFIT    11,144,007       74
     SAN FRANCISCO, CA
  2  Bankers Trust Company                 INTERNATIONAL EAFE INDEX FUND                  02 EMPLOYEE BENEFIT     6,991,399       28
     NEW YORK CITY, NY
  3  State Street Bank and Trust Company   UNITED KINGDOM MSCI INDEX                      02 EMPLOYEE BENEFIT     5,576,531       53
     BOSTON, MA
  4  Bankers Trust Company                 PYRAMID CONT. EUROPE                           02 EMPLOYEE BENEFIT     5,188,244       17
     NEW YORK CITY, NY
  5  State Street Bank and Trust Company   UNITED KINGDOM FT ALL WORLD                    02 EMPLOYEE BENEFIT     5,044,634        3
     BOSTON, MA
  6  State Street Bank and Trust Company   JAPAN MSCI INDEX                               02 EMPLOYEE BENEFIT     4,710,107       51
     BOSTON, MA
  7  Barclays Global Investors, National   MSCI EQ INDEX FD-UK                            02 EMPLOYEE BENEFIT     3,587,375       22
     SAN FRANCISCO, CA
  8  State Street Bank and Trust Company   JAPAN FT ALL WORLD                             02 EMPLOYEE BENEFIT     3,439,673        3
     BOSTON, MA
  9  Barclays Global Investors, National   MSCI EQ INDEX FD-JAPAN                         02 EMPLOYEE BENEFIT     3,224,860       19
     SAN FRANCISCO, CA
 10  Comerica Bank                         FOREIGN EQUITY INDEX FUND                      02 EMPLOYEE BENEFIT     2,955,964       17
     DETROIT, MI
 11  Putnam Fiduciary Trust Company        PUTNAM INTL TRUST                              02 EMPLOYEE BENEFIT     2,895,224      102
     BOSTON, MA
 12  State Street Bank and Trust Company   GERMANY MSCI INDEX                             02 EMPLOYEE BENEFIT     2,414,926       55
     BOSTON, MA
 13  State Street Bank and Trust Company   FRANCE MSCI INDEX                              02 EMPLOYEE BENEFIT     2,303,393       56
     BOSTON, MA
 14  Bankers Trust Company                 PYRAMID JAPAN                                  02 EMPLOYEE BENEFIT     2,252,569       12
     NEW YORK CITY, NY
 15  Bankers Trust Company                 PYRAMID UNITED KINGDOM                         02 EMPLOYEE BENEFIT     2,119,512       17
     NEW YORK CITY, NY