Welcome to the Hacienda Index. The index is based on an arithmetic average of all of Hacienda's publicly traded companies listed on an exchange.

An arithmetic average is the same technique used to compile the Dow Jones Industrials average. This means stock price movement of all companies will have the same effect on the index, no matter how big or small the company.

Our beginning index value is 1000 as of January 1, 1998. We will use the published stock price as of the last trading day of each month to compute the change in the index. The new index value will be reported as of the first of each month.

In subsequent months, we will include a graph tracking the Index.

Each line of the listings on the Index contains the following information: Symbol (Sym) - the symbol under which the stock is traded, such as MATR for Matria Healthcare or T for AT&T. Exchange (X) - the exchange on which the stock is traded. We've abbreviated these as follows:

N - NYSE X - AMEX Q - NASDAQ O - OTC (Over the Counter)

Company (Co.) - The company, or in some cases the parent company, traded. Price - The price as of the close of the last trading day of the previous month. Change - The change from last month's price to this month's price.

The index will be updated every month and published in Hacienda Network as well as here on the web. Here's the current month's values:

Current Value=1,000

(As part of Hacienda Network's expansion, we are introducing the Hacienda Index, a fun way to track Hacienda's presence in the stock markets. Our continuing thanks go out to Marion Steward, who has created and will maintain the index. We've attempted to list all of the publicly owned companies which have stocks traded on an exchange. However, with today's corporate ownership structures, we may have missed a few among the almost 500 businesses in Hacienda. If your company - or even your parent company - is publicly traded and not listed here, please call us at 734-6540 and tell us your company name, the stock symbol, and the exchange, and we'll add it to the index. - Editor)

Also in this issue...

• Bradshaw Joins Sales Mark in Merger
• Superior Pacific Brings Operations to Hacienda
• Business Bits
• Executive Profile: Jack Schroeder
• Hacienda Development Update '98
• Tri-Valley Herald Promotes Reading with its "Book Bucks" Campaign
• New Chief Helps Hacienda Security Program Offer 24-Hour Support
• Hacienda Index