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ASSETS HELD FOR INVESTMENT--CONTINUED

VARIABLE BENEFIT RETIREMENT PLAN FOR 
PILOTS OF EASTERN AIR LINES, INC.

December 31, 1978

[[4 columned table]]
| Identity Of Issue, Borrower, Lessor Or Similar Party | Description Of Investment, Including Maturity Date, Rate Of Interest, Par Or Maturity Value | Cost | Current Value | 
| --- | --- | --- | --- |

COMMON STOCK--CONTINUED
Oil--Continued:

| Standard Oil Co. of California | 15,000 shares | $ 532,169 | $ 703,125 |
| Standard Oil Co. of Indiana| 23,000 shares | 1,057,292 | 1,302,375 |
| Superior Oil Co.| 5,500 shares | 1,588,174 | 1,809,500|
| Union Oil Co. of California | 2,000 shares | 80,995 | 113,750 | 
|   |   | 24,831,883 | 28,632,575 |
Paper:
| Data Card Corp. | 9,000 shares | 159,750 | 150,750 |
| International Paper Co. | 21,872 shares | 919,476 | 798,328 |
| Union Camp Corp. | 40,000 shares | 1,535,433 | 1,910,000 |
|    |    | 2,614,659 | 2,859,076 |
Photographic Equipment:
| Eastman Kodak Co. | 4,000 shares | 237,319 | 234,500 |
| Polaroid Corp. | 3,500 shares | 287,800 | 181,125 |
|   |    |  525,119 | 415,625 |
Pollution Control:
| Autotrol Corp. | 20,000 shares | 442,750 | 570,000 |
| Browning Ferris Industries Inc. | 30,000 shares | 548,304 | 375,000 |
| Combustion Equipment Associates Inc. | .050 share | 1 | -0- |
| Marley Co. | 7,600 shares | 235,702 | 191,900 |
| New England Nuclear Corp. | 10,000 shares | 296,590 | 380,000 |
| Zurn Industries Inc. | 25,000 shares | 596,451 | 362,500 |
|    |    | 2,119,798 | 1,879,400 | 
Publishing:
| R.R. Donnelley & Sons Co. | 20,000 shares | 593,797 | 545,000 |
| Dow Jones & Co. Inc. | 2,000 shares | 67,920 | 64,000 |
| Knight-Ridder Newspapers Inc. | 60,000 shares | 808,394 | 1,357,500 |
| Prentice-Hall Inc. | 20,000 shares | 489,275 | 462,500 |
| Time Inc. | 20,000 shares | 630,810 | 855,000 |
| Times Mirror Co. | 25,000 shares | 473,056 | 743,750 |
|   |   | 3,063,252 | 4,027,750 |
Real Estate: 
| Ryan Homes Inc. | 20,000 shares | 423,624 | 322,500 |