Voluntary Contribution Plan Update

UC 403(b) Voluntary Contribution Fund Performance
As of December 31, 1996


Fund		 Rate of Return,
Last 12 Months

Rate of Return,
Last 1 Month
Unit Price
Equity19.17% -1.25%$164.90
Bond8.02% -4.16%$85.93
Savings6.24% 0.51%N/A
ICC7.71% 0.62%N/A
Money Market5.53% 0.47%N/A
Multi-Asset10.78% -1.10%$19.85