STATE STREET RESEARCH ASSUMES ADMINISTRATIVE RESPONSIBILITY FOR SUPPLEMENTAL INCOME 401(k) PLAN

State Street Research has replaced Northwest Administrators as the administrator of the Plan. The new structure provides participants and employers with greater "ease-of-use" by facilitating access to accounts and minimizing the response time for account inquiries. State Street Research will also now accept Plan contributions directly, speeding up the process of transferring money to participants' accounts. The firm's other responsibilities include loan applications and distribution requests, as well as loan repayments.

The original Supplemental Income 401(k) Plan was structured as a three-tiered approach-State Street Research served as the investment manager, Sutro & Company enrolled participants and Northwest Administrators collected the contributions and transferred them to the plan.

"We will continue to provide participants in the Supplemental Income 401(k) Plan with the superior service they have become accustomed to," said Kevin Wilkins, Executive Vice President, Head of State Street Research Investment Services. "By giving participants the information they need in the most timely and efficient manner possible, we are showcasing our commitment to continuous improvement."

"Employers and participants requested that the overall process become more streamlined," said Ray Brown, Plan Investment Representative for Sutro & Company. "By asking State Street Research to handle these additional administrative duties, the process will speed up tremendously."

State Street Research has actively managed money for Taft-Hartley Supplemental Income 401(k) Plan since January 1999. The Plan now has over 400 employers and in excess of 13,000 participants while continuing to grow. State Street Research & Management Company, with a money management history dating back to 1924, is one of the nation's first investment management organizations. The Boston-based firm is a subsidiary of MetLife, one of the world's largest financial services companies. As of March 31, 2001, State Street Research managed $48 billion in assets, of which over $31 billion represented institutional clients and $17 billion represented mutual fund and variable annuity portfolios. The firm manages money for 11 of the 15 largest U.S. corporate pension plans (as reported in the 2001 Money Management Directory), union programs, public employee pension plans, mutual funds for over 530,000 shareholder accounts, as well as individually managed accounts for affluent investors. The firm's Web site address is www.ssrfunds.com.