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Day	Stable Value	Value Stock	Equity Index	Growth Stock	Intl. Stock	Div. Small Co. Stock	Conserv. Portfolio	Moderate Portfolio	Aggressive Portfolio	TWA Stock
02	401K AND DAP CONTRIBUTIONS PURCHASED ON 01/02/97
02	24.23	70.71	77.99	73.34	52.24	73.88	39.18	53.54	54.33	33.53
03	24.26	72.64	80.47	75.94	52.41	75.63	39.92	54.67	55.68	35.57
06	24.32	72.77	80.60	76.31	53.38	76.47	40.00	54.94	56.06	34.69
07	24.32	73.76	81.92	77.42	53.95	77.66	40.37	55.56	56.85	34.69
08	24.34	72.91	81.05	76.58	54.52	77.26	40.11	55.25	56.50	31.77
09	24.38	74.44	82.45	77.74	54.76	78.43	40.61	55.94	57.34	32.65
10	24.36	75.35	83.47	78.56	54.29	78.79	40.91	56.29	57.73	32.35
13	24.41	75.39	83.39	78.44	54.96	78.23	40.94	56.31	57.71	32.35
14	24.48	77.19	85.42	80.22	55.84	79.66	41.60	57.31	58.91	32.35
15	24.51	76.78	85.01	79.59	56.60	79.33	41.49	57.17	58.76	31.16
16	24.50	77.32	85.58	80.49	57.14	79.08	41.67	57.48	59.08	29.70
17	24.54	78.35	86.96	81.67	56.90	79.83	42.08	58.02	59.71	32.03
20	24.60	78.82	87.32	82.24	56.43	80.67	42.26	58.26	60.00	31.16
21	24.63	80.12	88.47	83.05	56.16	81.76	42.68	58.78	60.63	23.98
22	24.65	80.50	89.20	83.47	56.29	82.46	42.87	59.06	61.00	29.10
23	24.65	79.31	87.62	82.41	56.21	81.83	42.42	58.49	60.33	29.10
24	24.66	77.91	85.88	80.53	55.51	80.02	41.91	57.59	59.24	29.69
27	24.70	76.74	84.52	79.01	54.74	78.14	41.53	56.82	58.27	29.69
28	24.75	76.76	84.64	79.08	55.05	78.35	41.58	56.92	58.39	29.69
29	24.76	77.87	85.91	79.64	53.09	78.20	41.98	57.11	58.45	29.98
30	24.80	79.94	88.29	81.91	55.28	79.41	42.73	58.37	59.90	31.43
31	24.87	80.44	88.75	82.96	56.08	80.29	42.93	58.82	60.46	31.39

JANUARY FUND PERFORMANCE (IN PERCENTAGES)
	0.52%	5.15%	5.29%	4.58%	1.58%	2.35%	2.44%	2.88%	3.21%	n/a

Directed Account Plan