TABLE B-11

                                               COLLECTIVE INVESTMENT FUNDS
                                             15 LARGEST FOREIGN EQUITY FUNDS
                                                      BY ASSET SIZE
                                                    DECEMBER 31, 1997
                                                                                                 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    10,411,993       69
     SAN FRANCISCO, CA
  2  State Street Bank and Trust Company   UNITED KINGDOM MSCI INDEX                      02 EMPLOYEE BENEFIT     4,800,764      125
     BOSTON, MA
  3  State Street Bank and Trust Company   JAPAN MSCI INDEX                               02 EMPLOYEE BENEFIT     4,612,602      123
     BOSTON, MA
  4  State Street Bank and Trust Company   UNITED KINGDOM FT ALL WORLD                    02 EMPLOYEE BENEFIT     4,125,639        2
     BOSTON, MA
  5  Barclays Global Investors, National   MSCI EQ INDEX FD JAPAN                         02 EMPLOYEE BENEFIT     3,863,820       17
     SAN FRANCISCO, CA
  6  Barclays Global Investors, National   MSCI EQ INDEX FD UK                            02 EMPLOYEE BENEFIT     3,505,432       13
     SAN FRANCISCO, CA
  7  State Street Bank and Trust Company   JAPAN FT ALL WORLD                             02 EMPLOYEE BENEFIT     3,097,420        2
     BOSTON, MA
  8  Comerica Bank                         FOREIGN EQUITY INDEX FUND                      02 EMPLOYEE BENEFIT     2,616,361       17
     DETROIT, MI
  9  State Street Bank and Trust Company   GERMANY MSCI INDEX                             02 EMPLOYEE BENEFIT     2,127,641      124
     BOSTON, MA
 10  Putnam Fiduciary Trust Company        PUTNAM INTERNATIONAL TRUST                     02 EMPLOYEE BENEFIT     2,094,094       92
     BOSTON, MA
 11  Bankers Trust Company                 PYRAMID JAPAN                                  02 EMPLOYEE BENEFIT     1,996,441       10
     NEW YORK CITY, NY
 12  State Street Bank and Trust Company   FRANCE MSCI INDEX                              02 EMPLOYEE BENEFIT     1,787,028      123
     BOSTON, MA
 13  Barclays Global Investors, National   MSCI EQ INDEX FD GERMANY                       02 EMPLOYEE BENEFIT     1,750,255       12
     SAN FRANCISCO, CA
 14  State Street Bank and Trust Company   SWITZERLAND MSCI INDEX                         02 EMPLOYEE BENEFIT     1,661,618      123
     BOSTON, MA
 15  Bankers Trust Company                 PYRAMID UNITED KINGDOM                         02 EMPLOYEE BENEFIT     1,641,623       15
     NEW YORK CITY, NY