SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 FORM 11-K

 (Mark One)

 

[X]

ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

For the fiscal year ended December 31, 2000

OR 

[  ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

For the transition period from _______ to _______
Commission file number __________

 

A. Full title of the plan and the address of the plan, if different from that of the issuer named below:

STATE STREET CORPORATION AND CERTAIN RELATED
COMPANIES SALARY SAVINGS PROGRAM

B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

STATE STREET CORPORATION
225 Franklin Street
Boston, Massachusetts 02110

 


SIGNATURES

 

        The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the Salary Savings Program Committee of State Street Corporation has duly caused this annual report to be signed by the undersigned hereunto duly authorized.

 

   STATE STREET CORPORATION
AND CERTAIN RELATED COMPANIES
SALARY SAVINGS PROGRAM
     
Dated:  June 22, 2001 By: /s/Frederick P. Baughman                         
      Senior Vice President,
      Corporate Controller and
      Chief Accounting Officer

 


 

 

 

 

 

 

 AUDITED FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULE

State Street Corporation and Certain Related Companies Salary Savings Program
Years ended December 31, 2000 and 1999

 

 

 

 

 

 

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Audited Financial Statements and Supplemental Schedule

 

Year ended December 31, 2000 and 1999

 

 

Contents

Report of Independent Auditors

 

1
Audited Financial Statements

Statements of Net Assets Available for Benefits 2
Statements of Changes in Net Assets Available for Benefits 3
Notes to Financial Statements

 

4
Supplemental Schedule

Schedule H, Line 4i - Schedule of Assets (Held at End of Year) 12
Self Managed Brokerage Detail 18

 

 

 

 


[Ernst & Young LLP
Boston, Massachusetts Letterhead]

 

Report of Independent Auditors

 

Salary Savings Program Committee
State Street Corporation

We have audited the accompanying statements of net assets available for benefits of the State Street Corporation and Certain Related Companies Salary Savings Program as of December 31, 2000 and 1999, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted in the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan at December 31, 2000 and 1999, and the changes in its net assets available for benefits for the years then ended, in conformity with accounting principles generally accepted in the United States.

Our audits were performed for the purpose of forming an opinion on the financial statements taken as a whole. The accompanying supplemental schedule of assets (held at end of year) as of December 31, 2000 is presented for purposes of additional analysis and is not a required part of the financial statements, but is supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Security Act of 1974. The supplemental schedule is the responsibility of the Plan’s management. The supplemental schedule has been subjected to the auditing procedures applied in our audits of the financial statements and, in our opinion, is fairly stated in all material respects in relation to the financial statements taken as a whole.

June 8, 2001

                                                                    ERNST & YOUNG LLP

 1


State Street Corporation and Certain Related
Companies Salary Savings Program

Statements of Net Assets Available for Benefits

 

 

December 31

2000

1999

Assets

     
Investments, at fair or contract value:      
          Active U.S. Large Cap Core Fund

$109,758,188

$148,707,792

          Company Stock Fund

453,805,582

314,212,661

          Short-Term Investment Fund

99,313,319

56,306,651

          Principal Preservation Fund

38,891,017

36,168,899

          Daily EAFE Fund

34,434,513

36,094,988

          Bond Market Fund

14,191,508

8,695,496

          U.S. Growth & Income Fund

84,342,146

73,200,438

          Conservative Lifestyle Fund

5,366,253

5,494,966

          Moderate Lifestyle Fund

9,900,380

6,656,758

          Aggressive Lifestyle Fund

12,928,143

11,724,270

Russell 2000 Index Securities Lending Fund

7,365,411

-

S & P MidCap Index Fund

19,211,785

-

S & P 500 Flagship Fund

15,930,204

-

          Self Managed Brokerage Accounts

22,737,551

20,263,600

Participant loans

21,202,443

18,243,370

Total investments

949,378,443

735,769,889

        

Accrued income

4,588,280

1,219,828

Total assets

953,966,723

736,989,717

     

Liabilities

     

Other liabilities

381,794

320,869

     

Net assets available for benefits

$953,584,929
=============

$736,668,848
=============

See accompanying notes.

 

2


 

State Street Corporation and Certain Related
Companies Salary Savings Program

Statements of Changes in Net Assets Available for Benefits

 

Year ended December 31

2000

1999

     

Additions:

     

          Contributions from participants

$ 57,574,554

$ 52,723,062

          Contributions from employer

15,103,436

12,971,554

          Net appreciation in fair value of investments

174,424,694

62,705,265

          Interest and dividend income

11,829,937

9,500,469

          Plan mergers (see Note 1)

16,422,161

-

Total additions

275,354,782

137,900,350

     

Deductions:

     

          Benefit paid directly to participants

57,696,580

31,406,480

          Investment management fees

742,121

502,975

Total deductions

58,438,701

31,909,455

     

Net increase

216,916,081

105,990,895

     

Net assets available for benefits at beginning of year

736,668,848

630,677,953

     

Net assets available for benefits at end of year

$953,584,929
============

$736,668,848
============

  

See accompanying notes.

3

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Notes to Financial Statements

December 31, 2000

 

1. Description of the Plan

The description of the State Street Corporation (the Corporation) and Certain Related Companies Salary Savings Program (hereinafter referred to as the Plan) is provided for general information purposes only. Employees should refer to the Plan document for more complete information.

General

The Plan is a defined contribution plan. All employees are immediately eligible to participate in the Plan.

During the year ended December 31, 2000, the Investors Fiduciary Trust Company (IFTC) Profit Sharing and Investment Saving Plan and Trust, and certain participant balances of the Pacific Investment Management Company (PIMCO) Employees Savings Plan merged into the Plan. Assets totaling $11,198,607 and $5,223,554, respectively, were transferred into the Plan.

Contributions

Active participants may elect to make tax-deferred contributions to the Plan equal to 1% to 15% of their compensation, subject to certain limitations. Contributions to the Plan are made by the Corporation, in amounts equal to 50% of the first 6% of the employee’s tax-deferred contribution. All employees who have completed one year of employment and have worked at least 1,000 hours during that period are eligible for the corporate matching contributions. Participants in the Plan are fully vested when they become members.

All contributions to the Plan are paid to State Street Bank and Trust Company, which holds them in trust exclusively for participants and their beneficiaries, invests them and makes benefit payments as they become due.

Payment of Benefits

Upon retirement or other termination of employment, employees may elect to defer the payment of their benefits and remain in the plan, at which time the participants become nonactive.

 

4

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Notes to Financial Statements (continued)

 

1.  Description of the Plan (continued)

Loans

Under the provisions of the Plan, as amended, active participants may be granted loans from the assets of the Plan. These loans are secured by the participant’s account balance and carry a market rate of interest. All principal repayments and interest payments are made through payroll deduction and are credited to the participant’s account.

Plan Termination

Although it has not expressed any intent to do so, the Corporation has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. Participants are always 100 percent vested in their accounts.

2.  Significant Accounting Policies

Basis of Accounting

The accounting records of the Plan are maintained on the accrual basis.

Investment Valuation and Income Recognition

The fair value of the participation units owned by the Plan in all funds, except the Short-Term Investment Fund, Self Managed Brokerage Account and the Principal Preservation Fund are based on each fund’s net asset value per unit on the last business day of the Plan year, where net asset values are based on the fair value of the underlying assets in each fund. Securities included in the Short-Term Investment Fund are short-term instruments and are valued at cost, which approximates fair value. The fair value of units of participation in the Self Managed Brokerage Account are based on the fair value of the underlying securities, determined as follows: investments listed on securities exchanges are valued at closing sales prices on the last business day of the year and, in the case of unlisted securities, the valuation is the last published sales price, or the mean between the bid and asked price, whichever is more recent. Investments in the Principal Preservation Fund are units representing investments in guaranteed investment contracts of insurance companies, which are rated AAA or AA by the major rating agencies. Investment contracts are valued at cost plus accrued interest (contract value). Investment contracts will normally be held to maturity and meet the fully benefit responsive requirements of AICPA Statement of Position 94-4, "Reporting of Investment Contracts Held by Health and Welfare Benefit Plans and Defined-Contribution Pension Plans."

 

5


State Street Corporation and Certain Related
Companies Salary Savings Program

Notes to Financial Statements (continued)

 

2. Significant Accounting Policies (continued)

The realized gain or loss on sale of investments is the difference between the proceeds received and the average cost of investments sold.

Use of Estimates

The preparation of the financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates that effect the amounts reported in the financial statements and accompanying notes. Actual results differ from those estimates.

3. Investment Funds

Each participant may allocate the funds held in his or her account among the Investment Funds available, the assets of which mainly consist of investments in pooled funds managed by State Street Bank and Trust Company.

During 2000 and 1999, the Plan’s investments (including investments, bought, sold and held during the year) appreciated (depreciated) in value as follows:

Year ended December 31

2000

1999

     

Company stock

$208,377,295

$14,668,199

Mutual funds

(27,359,542)

42,011,703

Common/collective trusts

(6,593,059)

6,025,363

     

$174,424,694
==============

$62,705,265
============

 

6


State Street Corporation and Certain Related
Companies Salary Savings Program

Notes to Financial Statements (continued)

 

3. Investment Funds (continued)

The following is additional information related to the Plan’s investments in Guaranteed Investment Contracts at December 31, 2000. The fair value of these contracts has been estimated using discounted cash flow calculations based on interest rates currently being offered for similar contracts with maturities consistent with those remaining for the contract being valued.

 

Guaranteed
Investment Contract

Contract Value

Fair
Value

Effective Yield

           

Transamerica Life Insurance Co. 1997 Stable Fixed Income Fund, 6.21%; matures 9/28/01

$ 398,307

$ 402,925

6.14%

Allstate Life Insurance Co. 1997 Stable Fixed Income Fund, 6.28%; matures 6/29/01

399,693 405,888 6.18%

Travelers Life Insurance Co. 1997 Stable Fixed Income Fund, 6.30%; matures 7/2/01, 6/30/03

598,471 602,787 6.25%

Protective Life Insurance Co. 1998 Stable Fixed Income Fund, 6.16%; matures 3/30/01, 3/29/02

784,912 789,358 6.13%

New York Life Insurance Co. 1998 Stable Fixed Income Fund, 6.02%; matures 5/15/03

707,479 702,244 6.06%

Monumental Life Insurance Co. 2000 Stable Fixed Income Fund, 7.95%; matures 3/28/02, 12/31/03, 3/31/04

1,564,211 1,621,413 7.67%

Travelers Life Insurance Co. 1998 Stable Fixed Income Fund, 6.13%; matures 9/30/02

578,896 578,133 6.14%

John Hancock Mutual Life Insurance Co. 1997 Stable Fixed Income Fund, 6.51%; matures 12/31/01, 7/1/02

810,454 813,833 6.48%

Metropolitan Life Insurance Co. 1998 Stable Fixed Income Fund, 6.07%; matures 4/2/01, 4/1/02

1,156,205 1,162,017 6.04%

The Principal Financial Group 1998 Stable Fixed Income Fund, 6.01%; matures 8/1/03

494,496 490,205 6.06%

Protective Life Insurance Co. 1998 Stable Fixed Income Fund, 6.04%; matures 3/29/01, 12/31/02

766,809

769,555

6.02%

The Principal Financial Group 1997 Stable Fixed Income Fund, 6.66%; matures 12/31/01

197,664

198,668

6.63%

7


State Street Corporation and Certain Related
Companies Salary Savings Program

Notes to Financial Statements (continued)

 

3. Investment Funds (continued)

 

Guaranteed
Investment Contract

Contract
Value

Fair
Value

Effective Yield

           

Monumental Life Insurance Co. 1996 Stable Fixed Income Fund, 6.95%; matures 7/2/01

$ 85,094 $ 86,685

6.82%

General Electric Life Insurance Co. 1999 Stable Fixed Income Fund, 6.11%; matures 6/29/01, 9/30/02, 3/31/03

1,662,490 1,667,550 6.09%

Jackson National Life Insurance Co. 2000 Stable Fixed Income Fund, 7.06%; matures 6/30/03, 3/31/04, 6/30/04

2,530,084 2,575,702 6.93%

Allstate Life Insurance Co. 1998 Stable Fixed Income Fund, 5.93%; matures 12/31/01, 6/28/02

760,698 758,675 5.95%

Metropolitan Life Insurance Co. 1998 Stable Fixed Income Fund, 5.71%; matures 9/28/01, 3/31/03

753,866 754,938 5.71%

Allstate Life Insurance Co. 1998 Stable Fixed Income Fund, 5.08%; matures 6/29/01, 3/31/03

741,033 735,186 5.12%

The Principal Financial Group 1998 Stable Fixed Income Fund, 5.68%; matures 3/30/01, 3/29/02, 9/30/03

839,524 838,353 5.69%

Monumental Life Insurance Co. 1998 Stable Fixed Income Fund, 6.17%; matures 3/31/01, 12/31/02

1,168,244 1,174,037 6.14%

John Hancock Mutual Life Insurance Co. 2000 Stable Fixed Income Fund, 7.68%; matures 12/31/03, 6/30/04, 9/30/04

2,587,134 2,688,318 7.39%

The Principal Financial Group 1996 Stable Fixed Income Fund, 6.88%; matures 9/30/01

85,817 87,223 6.77%

The Principal Financial Group 1996 Stable Fixed Income Fund, 7.09%; matures 7/2/01

177,433 180,869 6.96%

Monumental Life Insurance Co. 1998 Stable Fixed Income Fund, 5.63%; matures 9/30/02, 9/30/03

742,401 731,473 5.71%

8


State Street Corporation and Certain Related
Companies Salary Savings Program

Notes to Financial Statements (continued)

 

3. Investment Funds (continued)

Guaranteed
Investment Contract

Contract
Value

Fair
Value

Effective Yield

           

New York Life Insurance Co. 1996 Stable Fixed Income Fund, 6.61%; matures 4/2/01

$ 83,153

$ 84,174

6.53%

General Electric Capital Assurance 2000 Stable Fixed Income Fund, 6.71%; matures 9/30/03, 3/31/05

2,000,000

2,015,505

6.66%

New York Life Insurance Co. 1997 Stable Fixed Income Fund, 6.51%; matures 3/30/01, 10/1/01

124,663

126,270

6.43%

Continental Assurance Co. 1997
Stable Fixed Income Fund, 6.85%; matures 12/31/01

195,651

196,997

6.80%

The Principal Financial Group 2000
Stable Fixed Income Fund, 7.47%; matures 6/30/03, 12/30/03, 3/31/04

1,536,861

1,580,978

7.26%

Life of Virginia 1997 Stable Fixed Income Fund, 6.64%; matures 6/29/01

102,886

104,658

6.53%

The Principal Financial Group 1997 Stable Fixed Income Fund, 7.07%; matures 3/30/01, 12/31/01

141,893

143,477

6.99%

John Hancock Mutual Life Insurance Co. 1997 Stable Fixed Income Fund, 6.80%; matures 3/30/01

54,129

54,818

6.71%

John Hancock Mutual Life Insurance Co. 1997 Stable Fixed Income Fund, 6.71%; matures 10/1/01

75,863

77,013

6.61%

Metropolitan Life Insurance Co. 1997 Stable Fixed Income Fund, 6.77%; matures 10/1/01, 12/31/01

114,154

115,394

6.70%

New York Life Insurance Co. 1997 Stable Fixed Income Fund, 6.55%; matures 12/31/01, 4/1/02

73,896

74,219

6.52%

Transamerica Life Insurance Co. 1998 Stable Fixed Income Fund, 6.04%; matures 8/15/18

686,100

621,895

6.66%

Travelers Life Insurance Co. 1999 Stable Fixed Income Fund, 5.59%; matures 12/31/02, 9/30/03

1,104,499

1,086,208

5.68%

9


State Street Corporation and Certain Related
Companies Salary Savings Program

Notes to Financial Statements (continued)

 

3. Investment Funds (continued)

 

Guaranteed
Investment Contract

Contract Value

Fair
Value

Effective Yield

         

Cassietes Depots 1999 Stable Fixed Income Fund, 6.64%; matures 6/30/03

$ 1,002,638

$ 1,009,487

6.59%

General Electric Life Insurance Co. 1998 Stable Fixed Income Fund, 6.15%; matures 10/1/01, 12/31/01, 7/1/02

1,173,031

1,177,342

6.13%

Bank of America 2000 Stable Fixed Income Fund, 5.86%; matures 10/17/11

1,497,684

1,384,124

6.34%

Bank of America 2000 Stable Fixed Income Fund, 6.24%; matures 2/15/09

1,290,025

1,246,997

6.46%

New York Life Insurance Co. 1999 Stable Fixed Income Fund, 5.93%; matures 9/28/01, 12/31/02, 3/31/03

1,039,804

1,038,437

5.94%

New York Life Insurance Co. 1999 Stable Fixed Income Fund, 5.84%; matures 12/31/01, 9/30/02, 3/31/03

1,096,257

1,089,558

5.88%

Morgan Guarantee Trust 1999 Stable Fixed Income Fund, 6.48%; matures 5/15/04

1,096,158

1,096,219

6.48%

General Electric Life Insurance Co. 1999 Stable Fixed Income Fund, 5.97%; matures 9/30/01, 12/31/02

1,643,214

1,647,160

5.96%

Bank of America 2000 Stable Fixed Income Fund, 7.48%

1,073,221

1,073,221

7.48%

Monumental Life Insurance Co. 1999 Stable Fixed Income Fund, 6.87%;

1,093,822

1,093,822

6.87%

        

Total investment value

$38,891,017
===========

$38,954,008
==========

 

4. Transactions and Agreements with Parties-in-Interest

All costs and expenses incurred in connection with the operation of the Plan are borne by State Street Corporation, except investment management fees, which are paid by the Plan.

10

 


 State Street Corporation and Certain Related
Companies Salary Savings Program

Notes to Financial Statements (continued)

 

5. Income Tax Status

The Plan has received a determination letter from the Internal Revenue Service, dated October 13, 1995, stating that the Plan is qualified under Section 401(a) of the Internal Revenue Code (the Code), and therefore, the related trust is exempt from taxation. Once qualified, the Plan is required to operate in conformity with the Code to maintain its qualification. The Plan has been amended since receiving the determination letter; however, the Plan administrator and the Plan’s tax counsel believe that the Plan is operated in compliance with the applicable requirements of the Code, and therefore, believe that the Plan is qualified and the related trust is tax exempt.

6. Subsequent Event

Effective January 1, 2001, certain former employees of Merrill Lynch, who became an employee of State Street Corporation or its affiliates, became eligible to participate in the Plan. Also effective February 1, 2001, certain Participants who transferred to CitiStreet became participants in Citigroup’s 401(k) Plan (Citibuilder 401(k) Plan). Also effective February 1, 2001, certain employees of Liberty Financial Companies, Inc., who became an employee of State Street Corporation or its affiliates, became eligible to participate in the Plan.

11


 

 

 

 

 

 

Supplemental Schedule

 

 

 

 

 

 


State Street Corporation and Certain Related
Companies Salary Savings Program

EIN No: 04-2456637 Plan No: 002

Schedule H, Line 4i - Schedule of Assets (Held at End of Year)

December 31, 2000

 

Identity of Issue

Description of Investment

Current
Value

        
State Street Bank and Trust Company
   Investment Funds for Employee Trusts:
          Active U.S. Core Cap Core Fund*

6,057,630 units of participation

$109,758,188

          Company Stock Fund*

3,653,535 units of participation

453,805,582

          Short-Term Investment Fund*

99,313,319 units of participation

99,313,319

Principal Preservation Fund:

Transamerica Life Insurance Co.
1997 Stable Fixed Income Fund, 6.21%; matures 9/28/01

398,307 units of participation

398,307

Allstate Life Insurance Co.
1997 Stable Fixed Income Fund, 6.28%; matures 6/29/01

399,693 units of participation

399,693

Travelers Life Insurance Co.
1997 Stable Fixed Income Fund, 6.30%; matures 7/2/01, 6/30/03

598,471 units of participation

598,471

Protective Life Insurance Co.
1998 Stable Fixed Income Fund, 6.16%; matures 3/30/01, 3/29/02

784,912 units of participation

784,912

New York Life Insurance Co.
1998 Stable Fixed Income Fund, 6.02%; matures 5/15/03

707,479 units of participation

707,479

Monumental Life Insurance Co.
2000 Fixed Income Fund, 7.95%; matures 3/28/02, 12/31/03, 3/31/04

1,564,211 units of participation

1,564,211

Travelers Life Insurance Co.
1998 Stable Fixed Income Fund, 6.13%; matures 9/30/02

578,896 units of participation

578,896

12

 


State Street Corporation and Certain Related
Companies Salary Savings Program

EIN No: 04-2456637 Plan No: 002

Schedule H, Line 4i - Schedule of Assets (Held at End of Year) (continued)

 

Identity of Issue

Description of Investment

Current
Value

           

John Hancock Mutual Life Insurance Co. 1997 Stable Fixed Income Fund, 6.51%; matures 12/31/01, 7/1/02

810,454

  units of participation

$ 810,454

Metropolitan Life Insurance Co.
1998 Stable Fixed Income Fund, 6.07%; matures 4/2/01, 4/1/02

1,156,205

  units of participation

1,156,205

The Principal Financial Group
1998 Stable Fixed Income Fund, 6.01%; matures 8/1/03

494,496

  units of participation

494,496

Protective Life Insurance Co.
1998 Stable Fixed Income Fund, 6.04%; matures 3/29/01, 12/31/02

766,809

  units of participation

766,809

The Principal Financial Group
1997 Stable Fixed Income Fund, 6.66%; matures 12/31/01

197,664

  units of participation

197,664

Monumental Life Insurance Co.
1996 Stable Fixed Income Fund, 6.95%; matures 7/2/01

85,094

  units of participation

85,094

General Electric Life Insurance Co.
1999 Stable Fixed Income Fund, 6.11%; matures 6/29/01, 9/30/02, 3/31/03

1,662,490

  units of participation

1,662,490

Jackson National Life Insurance Co. 2000 Stable Fixed Income Fund, 7.06%; matures 6/30/03, 3/31/04, 6/30/04

2,530,084

  units of participation

2,530,084

Allstate Life Insurance Co.
1998 Stable Fixed Income Fund, 5.93%; matures 12/31/01, 6/28/02

760,698

  units of participation

760,698

Metropolitan Life Insurance Co.
1998 Stable Fixed Income Fund, 5.71%; matures 9/28/01, 3/31/03

753,866

  units of participation

753,866

Allstate Life Insurance Co.
1998 Stable Fixed Income Fund, 5.08%; matures 6/29/01, 3/31/03

741,033

  units of participation

741,033

13

 


State Street Corporation and Certain Related
Companies Salary Savings Program

EIN No: 04-2456637 Plan No: 002

Schedule H, Line 4i - Schedule of Assets (Held at End of Year) (continued)

 


Identity of Issue


Description of Investment

Current
Value

           

The Principal Financial Group
1998 Stable Fixed Income Fund, 5.68%; matures 3/30/01, 3/29/02, 9/30/03

839,524

  units of participation $ 839,524

Monumental Life Insurance Co.
1998 Stable Fixed Income Fund, 6.17%; matures 3/31/01, 12/31/02

1,168,244

  units of participation 1,168,244

John Hancock Mutual Life Insurance Co. 2000 Stable Fixed Income Fund, 7.68%; matures 12/31/03, 6/30/04, 9/30/04

2,587,134

  units of participation 2,587,134

The Principal Financial Group
1996 Stable Fixed Income Fund, 6.88%; matures 9/30/01

85,817

  units of participation

85,817

The Principal Financial Group
1996 Stable Fixed Income Fund, 7.09%; matures 7/2/01

177,433

  units of participation

177,433

Monumental Life Insurance Co.
1998 Stable Fixed Income Fund, 5.63%; matures 9/30/02, 9/30/03

742,401

  units of participation

742,401

New York Life Insurance Co.
1996 Stable Fixed Income Fund, 6.61%; matures 4/2/01

83,153

  units of participation

83,153

General Electric Capital Assurance
2000 Stable Fixed Income Fund, 6.71%; matures 9/30/03, 3/31/05

2,000,000

  units of participation

2,000,000

New York Life Insurance Co. 1997 Stable Fixed Income Fund, 6.51%; matures 3/30/01, 10/1/01

124,663

  units of participation

124,663

Continental Assurance Co.
1997 Stable Fixed Income Fund, 6.85%; matures 12/31/01

195,651

  units of participation

195,651

The Principal Financial Group
2000 Stable Fixed Income Fund, 7.47%; matures 6/30/03, 12/30/03, 3/31/04

1,536,861

  units of participation

1,536,861

Life of Virginia
1997 Stable Fixed Income Fund, 6.64%; matures 6/29/01

102,886

  units of participation

102,886

14


State Street Corporation and Certain Related
Companies Salary Savings Program

EIN No: 04-2456637 Plan No: 002

Schedule H, Line 4i - Schedule of Assets (Held at End of Year) (continued)

 


Identity of Issue


Description of Investment

Current
Value

         

The Principal Financial Group
1997 Stable Fixed Income Fund, 7.07%; matures 3/30/01, 12/31/01

141,893

  units of participation

$   141,893

John Hancock Mutual Life Insurance Co. 1997 Stable Fixed Income Fund, 6.80%; matures 3/30/01

54,129

  units of participation

54,129

John Hancock Mutual Life Insurance Co. 1997 Stable Fixed Income Fund, 6.71%; matures 10/1/01

75,863   units of participation 75,863

Metropolitan Life Insurance Co. 1997
Stable Fixed Income Fund, 6.77%; matures 10/01/01, 12/31/01

114,154

  units of participation

114,154

New York Life Insurance Co. 1997 Stable Fixed Income Fund, 6.55%; matures 12/31/01, 4/01/02

73,896

  units of participation

73,896

Transamerica Life Insurance Co. 1998 Stable Fixed Income Fund, 6.04%; matures 8/15/18

686,100

  units of participation

686,100

Travelers Life Insurance Co
1999 Stable Fixed Income Fund,
5.59%; matures 12/31/02, 9/30/03

1,104,499

  units of participation

1,104,499

Cassietes Depots
1999 Stable Fixed Income Fund, 6.64%; matures 6/30/03

1,002,638

  units of participation

1,002,638

General Electric Life Insurance Co.
1998 Stable Fixed Income Fund, 6.15%; matures 10/1/01, 12/31/01, 7/1/02

1,173,031

  units of participation

1,173,031

Bank of America
2000 Stable Fixed Income Fund, 5.86%; matures 10/17/11

1,497,684

  units of participation

1,497,684

Bank of America
2000 Stable Fixed Income Fund, 6.24%; matures 2/15/09

1,290,025

  units of participation

1,290,025

15


State Street Corporation and Certain Related
Companies Salary Savings Program

EIN No: 04-2456637 Plan No: 002

Schedule H, Line 4i - Schedule of Assets (Held at End of Year) (continued)

 

Identity of Issue

Description of Investment

Current
Value

           

New York Life Insurance Co.
1999 Stable Fixed Income Fund, 5.93%; matures 9/28/01, 12/31/02, 3/31/03

1,039,804

  units of participation

$1,039,804

New York Life Insurance Co.
1999 Stable Fixed Income Fund, 5.84%; matures 12/31/01, 9/30/02, 3/31/03

1,096,257

  units of participation

1,096,257

Morgan Guarantee Trust
1999 Stable Fixed Income Fund, 6.48%; matures 5/15/04

1,096,158

  units of participation

1,096,158

General Electric Life Insurance Co.
1999 Stable Fixed Income Fund, 5.97%; matures 9/30/01, 12/31/02

1,643,214

  units of participation

1,643,214

Bank of America
2000 Stable Fixed Income Fund, 7.48%

1,073,221

  units of participation

1,073,221

Monumental Life Insurance Co
1999; Stable Fixed Income Fund, 6.87%

1,093,822

  units of participation

1,093,822

Total Principal Preservation Fund

38,891,017

 

16

 


State Street Corporation and Certain Related
Companies Salary Savings Program

EIN No: 04-2456637 Plan No: 002

Schedule H, Line 4i - Schedule of Assets (Held at End of Year) (continued)

 

Identity of Issue

Description of Investment

Current
Value

        
Daily EAFE Fund*

2,814,196

  units of participation

$ 34,434,513

Bond Market Fund*

788,943

  units of participation 14,191,508
U.S. Growth & Income Fund*

8,044,844

  units of participation 84,342,146
Conservative Lifestyle Fund

269,607

  units of participation 5,366,253
Moderate Lifestyle Fund

440,350

  units of participation

9,900,380

Aggressive Lifestyle Fund

500,435

  units of participation

12,928,143

Russell 2000 Index Securities Lending Fund

501,663

  units of participation

7,365,411

S&P MidCap Index Fund

1,139,557

  units of participation

19,211,785

S&P 500 Flagship Fund

70,582

  units of participation

15,930,204

Self Managed Brokerage Accounts

(see 

attached)

22,737,551

Participant loans*

7%

  to 16%

21,202,443

 

$949,378,443
==============

* Indicates party-in-interest to the Plan.

17

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Aastrom Biosciences Inc $ 88
Abbott Laboratories 19,811
Abington Bancorp Inc 4,425
Able Telcom Hldg Corp 4,782
Abn Amro Hldg 1,138
Accelerated Networks Inc 473
Actuate Software Corp 1,913
Adaptec Inc 12,300
Adaptive Broadband Corp N/C 2,756
Adc Telecommunicatns Inc 10,368
Adelphia Communications Corp Cl A 5,163
Advanced Aerodynamics & Str Inc Cl A 88
Advanced Comm Tech Inc 549
Advanced Digital Information Corp 1,840
Advanced Fibre Communication 12,951
Advanced Micro Devices Inc 11,189
Advanced Radio Telecom Corp 155
Aeroflex Inc 5,016
Aether Systems Inc 783
Affinity Tech Grp Inc 69
Affymetrix Inc 8,188
Agile Software Corp Del 6,172
Agilent Tech Inc 62,798
Agribrands Intl Inc 535
Aim Constellation 908
Airborne Inc 10,043
Airtran Hldgs Inc 2,755
Akamai Tech 17,124
Albertsons Inc 2,650
Alcatel Alsthom 3,412
Alcoa Inc 1,675
All American Semiconductor Inc 432
Allaire Corp 3,949
Alliance Growth & Income Class C 6,513
Alliance Semiconductor Corp 1,131
Allied Riser Communications 812
Allou Hlth & Beauty Care Inc Cl A 6,376

18

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Allstate Corp $  30,494
Alpha Inds Inc 22,200
Amazon.Com Inc 23,064
Amdocs Limited 1,988
Amer Century Benham Target Mat Tr 2020 3,459
Amer Century Benham Target Mat Tr 2025 2,535
Amer Intl Group Inc 2,661
Amer Italian Pasta Co 5,363
America Online Inc Del 317,654
America Online Latin Amer Inc Cl A 672
American Aadvantage Growth & Income 19,619
American Century 20th Cent. Int'l Gth 16,334
American Century 20th Century Growth 3,118
American Century 20th Century Ultra 23,917
American Century Equity Growth 11,318
American Express Co 28,842
American Heritage Fund 752
American Home Prods Corp Com 57,195
American Pwr Conversion Corp 13,613
American Technology Corp Com 638
American West Hldg Corp Cl B 1,281
Ameristar Casino Inc 6,509
Ameritrade Hldg Corp Cl A 1,974
Amern Superconductor Corp 2,856
Ames Dept Stores Inc 431
Amgen Inc 29,731
Amkor Techs Inc 3,103
Amylin Pharm Inc 15,270
Anadigics Inc 9,858
Analog Devices Inc 96,489
Anc Rent Corp 11
Andrea Electronics Corp 420
Anheuser Busch Cos 4,550
Apogent Technologies Inc Com N/C 4,100
Apple Computer Inc 46,470
Applebees Intl Inc 2,829
Applera Corp Com Cel Era Genomics Group 5,997
Applied Digital Solutions Inc N/C 3,182

19


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Applied Graphics Tec Hnologies Inc $ 270
Applied Materials Inc 59,573
Applied Micro Circuits Corp 52,833
Arch Wireless Inc N/C 213
Archer Daniels Midland 1,575
Arguss Holdings Inc 3,650
Ariad Pharmaceutical Inc 5,249
Ariba Inc 9,921
Ark Small Cap Equity Class A 377
Arm Holdings 6,769
Armstrong Hldgs Inc N/C 62
Aronex Pharm Inc 666
Arqule Inc 12,800
Art Technology Grp Inc 11,155
Artisan Internat'l 36,947
Artisan Small Cap Value 13,550
Ashton Tech Grp Inc 453
Aspect Comm Co N/C 1,609
Aspen Technology Inc 333
Asyst Technologies Inc 2,688
AT & T Corp 118,388
At Home Corp Ser A 138
AT&T Corp AT&T Wireless Group 8,016
Atmel Corp 13,299
Audiovox Corp Cl A 1,395
Aura Systems Inc 3,100
Aurora Foods Inc 488
Australia & New Zealand Bkg Gp Ltd 4,000
Automatic Data Processing Inc 54,449
Autonation Inc 180
Avalonbay Communities Inc 3,810
Avanex Corp 19,954
Avaya Inc 8,838
Avici Sys Inc 10,687
Avocent Corp 2,943
Avx Corp 1,638
Aware Inc Mass 6,550
Axs One Inc Com N/C 5,659

20

 


 

State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

 

Current
Value

  
Aztec Tech Partners $ 263
Azurix Corp 1,081
B2b Internet Holdrs Tr 8,907
Ballard Pwr Sys Inc 13,894
Baltimore Tech 7,999
Banco Bilbao Vizcaya Argentaria 4,406
Bancolumbia 200
Bank Of America Corp 5,046
Bank Of Tokyo Mitsubishi Ltd 484
Baron Asset 30,035
Baron Small Cap 20,126
Barr Rosenberg Market Neutral Instl 29,075
Bce Inc 926
Be Free Inc 8,971
Bea Systems Inc 42,407
Beacon Pwr Corp 18,000
Becton Dickinson Co 6,925
Bei Medical Systems 104,656
Bell South Corp 4,094
Bentley Pharmaceuticals Inc 1,763
Berger Small Co Gwth Retail 3,559
Berkshire Focus Fund 1,740
Berkshire Hathaway Inc 127,116
Best Buy Inc 9,312
Beyond.Com Corp 78
Bio Technology Gen Corp 141
Biogen Inc 16,998
Biomet Inc 11,906
Bio-Plexus Inc 813
Biopure Corp 60,040
Biotime Inc 6,750
Bitstream Inc 12,815
Bitwise Designs Inc 813
Blue Rhino Corp 922
Bmc Software Inc 4,900
Boeing Co 45,672
Bookham Tech 2,625
Borders Group Inc 5,844

21

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Boston Beer Company Inc Cl A $  3,331
Boston Private Bancorp Inc 9,938
Boston Scientific 4,928
BP Amoco 6,320
Bradlees Inc 60
Brasil Telecom Participacoes 472
Braun Consulting Inc 553
Brazil Fd Inc 9,041
Breakaway Solutions Inc 2,445
Bridgeway Aggressive Growth 3,459
Bridgeway Micro Cap Limited 12,519
Brightpoint Inc 1,225
Brilliant Digital Entmnt Inc 922
Bristol Myers Squibb 21,072
British Telecommunications 1,041
Broadband Holdrs Tr Depositary Rcpt 13,669
Broadbase Software Inc 2,113
Broadcom Corp Cl A 14,868
Broadvision Inc 11,222
Brocade Communications Sys Inc 918
Brokat Aktiengesells Chaft Ads 170
Brookline Bancorp Inc 3,450
Brooktrout Tech Inc 947
Bt Investment International Equity 9,737
Burst Com Inc Com N/C 353
Buy.Com Inc Com 175
3com Corp 13,430
Cable & Wireless 1,994
Cable Design Technologies Corp 2,522
Cabletron Sys Inc 23,348
Caldera Sys Inc 174
Calibar Learning Network Inc 561
Caliper Technologies Corp 4,700
Callaway Golf Co 4,898
Calpine Corp 2,343
Cambridge Heart Inc 11,215
Cambridge Technology Partners Mass Inc 263
Canadian 88 Energy Corp 3,038

22

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Caprius Inc $         55
Cardinal Health Inc 24,906
Cardiodynamics Intl Corp 1,719
Cardiotech Intl Inc 688
Carreker Antinori Inc 1,390
Casino Data Sys 5,273
Caterpillar Inc 6,813
Cavalier Homes Inc 350
Cdw Computer Ctrs 1,338
Celestica Inc Sub Vtg Shs 1,356
Celgene Corp 3,250
Cell Pathways Inc 1,425
Celsion Corp 775
Cendant Corp 167,234
Centennial Tech Inc 23
Centra Software Inc 2,906
Centura Software Crp 391
Chantal Pharmaceutcl Corp 35
Charter Comm Inc 90,729
Chase Manhattan Corp 47,437
Check Point Software Tech Ltd 42,874
China.Com Corp Cl A 7,875
Chromavision Med Sys Inc 525
Chyron Corp New 1,250
Ciber Inc 488
Ciena Corp 32,744
Circuit City Stores Inc 23,633
Cirrus Logic Inc 1,406
Cisco Sys Inc 992,894
Citigroup Inc 111,141
Citizens Emerging Growth 4,766
Citizens Global Equity N/C 4,469
Citrix Systems Inc 8,550
Clarent Corp 566
Clarus Corp 2,100
Clorox Co Del 3,550
Cmg Information Svcs Inc 66,608
Cml Group Inc 5

23

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Cnet Networks Inc $   9,440
Coca Cola Bottling Co Cons 1,894
Coca Cola Co 60,268
Coinstar Inc 763
Colgate-Palmolive Co 1,162
Columbia Labs Inc 1,294
Com 21 Inc 1,172
Comdial Corp New 103
Comdisco Inc 114
Commerce One Inc 7,037
Commscope Inc 3,313
Compaq Computer Co 48,973
Complete Business Solutions Inc 516
Computer Assoc Intl 975
Conagra Inc 2,600
Concord Communications Inc 2,013
Conductus Inc 525
Conexant Sys Inc 3,075
Conoco Inc Cl B 2,807
Conseco Inc 11,210
Continental Airls Inc Cl B 1,291
Convergys Corp 9,063
Copper Mountain Networks Inc 7,194
Cordiant Comm Group 1,178
Corecomm Ltd New Com 495
Corel Corp Frmly Corel System 2,232
Corning Inc 88,990
Cosine Communication S Inc Com 694
Cott Corp Que 3,813
Covad Communications Group Inc 1,449
Cree Resh Inc 782
Crompton Corp N/C 5,250
Crown Cork & Seal Co Inc 223
Crystal Systems Solutions 2,175
Ctc Communications Group Inc N/C 694
Cubist Pharmaceuticals Inc 6,612
Cuseeme Networks Inc N/C 500
CVS Corp Del 11,988

24

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Cybercash Inc $    163
Cyberian Outpost Inc 356
Cygnus Inc 1,463
Cypress Semiconductr Corp 2,697
Cytogen Corp 2,344
Daimlerchrysler Ag Ord 19,034
Data Broadcasting Corp 277
Data Translation 78
Datalink Corp 896
Datalink.Net Inc 523
Dataram Corp 5,813
Datawatch Corp 1,032
Delias Corporation C L A N/C 598
Dell Computer Corp 93,904
Delta Galil Industries Adr 2,850
Deluxe Corp 758
Department 56 Inc 1,288
Dewolfe Cos Inc 825
Dial Corp Com 3,300
Diamonds Trust Ser I 10,144
Diebold Inc 11,681
Digex Inc 563
Digimarc Corp 1,650
Digital Impact Inc 563
Digital Island Inc 4,469
Digital Lightwave 10,457
Digital River Inc 140
Digitas Inc 567
Dimon Corp 5,500
Diodes Inc 2,075
Direct Insite Corp N/C 9
Disney Walt Co 122,466
Diversa Corp 3,588
Dljdirect 555
Dodge & Cox Balance 19,366
Dodge & Cox Stock 14,593
Dole Food Co Inc 491
Doubleclick Inc 3,850

25

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Dow Chemical Co $     1,099
Dresdner Rcm Biotechnology 16,689
Dresdner Rcm Global Health Care 15,494
Dresdner Rcm Global Technology Class N 39,572
Dresdner Rcm Global Technology Fund 18,174
Dreyfus Aggressive Growth Fund 762
Dreyfus Appreciation Fund 7,640
Dreyfus Emerging Leaders Fund 13,520
Dreyfus Founders Discovery Cl F N/C 5,091
Drkoop.Com Inc 219
Drugstore.Com Inc 68
Dsl.Net Inc 80
Du Pont E I De Nemours & Co 3,962
Duramed Pharmaceuticals Inc 167
Duraswitch Industries Inc 1,914
Durban Roodeport Deep 830
Dycom Inds Inc 5,391
Dynegy Inc Hldg Co 3,364
Dynex Capital Inc 37
E M C Corp Mass 1,710,846
E*Trade Group Inc. 21,860
E.Piphany Inc 1,295
E.Spire Communications Inc 100
Earthlink Inc 262
Eastman Kodak Co 2,953
Eaton Vance Corp Non-Voting 6,450
Eaton Vance Worldwide Health Sciences Class A 1,168
Ebay Inc 1,188
Echostar Communications Cl A 774
Educational Video Conferecng 1,875
Efficient Networks Inc 4,959
Egain Comm Corp 619
Eglobe Inc Com New 1
Elan Corp 20,130
Elantec Semiconductr Inc 860
Elcom International Inc 413
Elhelon Corp 723
Elot Inc N/C 500

26

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Emachines Inc Com $        38
Embratel Participacoes Sa Adr Represtg 1000 Pfd Shs 690
Embrex Inc 11,531
Emerge Interactive Inc 181
Emulex Corp Com New 799
Encad Inc 682
Energizer Hldgs Inc Com 2,138
Energy Conversion Devices Inc 1,013
Enesco Grp Inc 938
Engage Tech Inc 309
Enron Corp Oregon 26,268
Ensco International Inc 341
Entremed Inc 3,450
Entrust Tech Inc 5,499
Eog Resources Inc N/C 1,912
Epimmune Inc N/C 2,625
Ericsson L M Tel Co Adr Cl B Sek10 27,858
Esoft Inc 188
Etoys Inc 454
Euniverse Inc 244
Euro909 Com A/S N/C 772
European Warrant Fd Inc 1,964
Eurotech Ltd 1,939
Evoke Communications Inc 315
Exabyte Corp 1,169
Excelon Corp N/C 728
Exchange Applications Inc 210
Exodus Communications Inc 78,420
Extreme Networks Inc 8,021
Exxon Mobil Corp 13,041
Fairchild Corp 5,500
Fairmarket Inc Com 1,800
Family Golf Centers Inc 12
Fannie Mae 26,025
Fedders Corp 1,272
Federal Mogul Corp 116
Federated Internat'l Small Co Class B N/C 8,924
Federated Strategic Income Class A N/C 1,879

27

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Fei Company $    2,275
Fidelity Blue Chip Growth 8,221
Fidelity Capital & Income 55,033
Fidelity Contrafund 8,900
Fidelity Convertible Securities 11,928
Fidelity Diversified International 10,148
Fidelity Dividend Growth 27,394
Fidelity Emerging Growth 37,278
Fidelity Freedom 2040 3,440
Fidelity Ginnie Mae 95,883
Fidelity Global Bond 6,479
Fidelity Government Securities 12,307
Fidelity Growth Company 31,865
Fidelity Japan 2,648
Fidelity Low Priced Stock 7,246
Fidelity Mid Cap Stock 13,140
Fidelity Otc Port 9,999
Fidelity Puritan 15,443
Fidelity Real Estate Investment 7,788
Fidelity Retirement Growth 7,478
Fidelity Select Nwk & Infrastructure 1,606
Fidelity Small Cap Stock 4,799
Fidelity Utilities 2,044
Fifth Third Bancorp 16,013
Finisar Corp 11,600
First Charter Corp 2,975
First Essex Bancorp Inc 8,025
First Union Corp 25,032
Firsthand E-Commerce 964
Firsthand Technology Value 64,721
Flag Investors Telephone Inc Cl A 326
Fleetboston Finl Corp 60,251
Flextronics Intl Inc 2,850
Fogdog Inc 143
Foilmark Inc 2,384
Fonar Corp 919
Ford Mtr Co Del Com 16,524
Ford Mtr Credit Co Sr Notes, 5.80%, 01/12/2009 9,948

28

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Forest Oil Corp $ 1,844
Fortel Inc 542
Foundry Networks Inc 375
Franklin Biotech Discovery Fund A 49,139
Franklin Res Inc 5,715
Franklin Small Cap Growth Class Ii 14,797
Freemarkets Inc Com 190
Freeport-Mcmoran Copper & Gold Inc Cl A 21,491
Fremont Us Micro Capital 68,541
Fremont Us Small Cap 7,130
Fresh Del Monte Produce Inc 225
Friede Goldman Intl Inc 1,782
Fvc.Com Inc 250
Gabelli Asset Shares Ben Int 5,082
Gabelli Glbl Inter-Active Couch Potato 2,511
Gabelli Int'l Growth 12,854
Gap Inc Del 13,056
Gateway Inc 45,245
Genecor Intl Inc 3,600
Genelabs Techs Inc 205
Genentech Inc 3,749
General Cable Corp 44,380
General Electric Co 385,704
General Magic Inc 281
General Motors Corp 1,834
General Mtrs Corp Cl H 690
Genesee And Wyoming Inc Inc Cl A 438
Genomica Corp 1,056
Genstar Therapeutics Corp 6,825
Gensyme Corp Com Biosurgery Divison 87
Genta Inc 4,000
Gentex Corp 4,656
Gentner Communicatns Corp 5,875
Genuity Inc Cl A 1,266
Genus Inc 104
Genzyme Corp 8,994
Genzyme Transgenics Corp 1,431
Geron Corp 1,544

29

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Giga Information Group Inc $     293
Gillette Co 47,757
Glaxo Wellcome 5,600
Global Crossing Ltd 74,399
Global Light Telecommunications Inc 435
Global Marine Inc 1,419
Global Sources Ltd 411
Global Sports Inc 4,148
Globalstar Telecom Ltd 1,433
Globix Corp 2,706
Goldman Sachs Group Inc 10,694
Goodyear Tire & Rubr 2,299
Grey Wolf Inc 16,450
Gs Internet Tollkeeper Class B 9,626
Gsi Lumonics Inc 552
Gt Group Telecom Inc Cl B 1,875
Guidant Corp 3,884
Hamilton Biophile Cos Com N/C 30
Hancock John Finl Svcs Inc 3,763
Handspring Inc 545
Harbor Capital Appreciation 2,506
Harbor International Growth 14,217
Harken Energy Corp 209
Harley Davidson Inc 3,975
Harnischfeger Inds 86
Harris & Harris Group Inc 2,731
Hasbro Inc 478
Hauppague Digital 150
Hauser Inc 33
Hayes Lemmerz Intl Inc 334
Health Care Reit Inc 3,250
Health Mgmt Sys Inc 750
Heartland Group Value Income 25,049
Heinz H J Co 4,269
Henry Schein Inc 6,925
Hercules Inc 4,613
Hewlett-Packard Co 34,404
Hingham Instn Svgs Mass Com 4,925

30

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Hollinger Intl Inc Cl A $     1,588
Home Depot Inc 201,380
Host Marriott Corp 647
Hsbc Holdings 1,840
Human Genome Sciences Inc 94,266
Huntingdon Life Sciences Group 18
I2 Tech Inc 5,438
Ibasis Inc 3,197
Icos Corp 15,581
Ikon Office Solution Inc 483
Imation Corp 1,581
Imatron Inc 7,356
Incyte Pharmaceuticals Inc 1,667
Indus International Inc 2,338
Infocus Corp N/C 4,425
Informix Corp 3,394
Infospace Com Inc 10,922
Infosys Technologies Limited Adr 5,535
Ingram Micro Inc 4,500
Inktomi Corporation 2,395
Inrange Technologies Corp 1,694
Integrated Packaging Assembly Corp 249
Intel Corp 486,870
Intelidata Tech Corp 7,328
Intelligroup Inc 88
Interdigital Comm Corp 4,292
Interliant Inc 956
Internet Amer Inc 63
Internet Cap Group Inc 6,113
Internet Infrastructure Holdrs Tr 4,425
Internet Sec Sys Inc N/C 3,530
Intersil Hldg Corp 6,881
Interspeed Inc 14
Interstate Bakeries Corp 4,219
Interstate Hotels Corp 65
Intertrust Tech Corp 506
Interwave Comm Intl Ltd 108
Interworld Corp 50

31


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Interwoven Inc $    19,781
Intimate Brands Inc 1,500
Intl Business Mach 81,005
Intl Fibercom Inc 2,963
Intl Flavors & Fragrances Inc 3,047
Intl Paper Co 1,020
Intl Rectifier Corp 16,140
Intrawest Corp 59,814
Invesco Blue Chip Growth N/C 639
Invesco Dynamics N/C 29,184
Invesco Energy N/C 4,441
Invesco Equity Income 5,080
Invesco Financial Services N/C 721
Invesco Global Hlth Sciences Fund 1,221
Invesco Health Sciences N/C 8,447
Invesco Internat'l European 1,321
Invesco Technology N/C 15,532
Invesco Telecomm 14,555
Investec Wireless World N/C 947
Iomega Corp 4,456
Ips Millennium Fund 4,127
Iridium World Comm Inc 92
Ishares Inc Msci Hong Kong Index Fd 3,393
Ishares Inc Msci Malaysia Free Index Fd 8,101
Isis Pharmaceuticals 1,063
Itxc Corp 1,152
Ivillage Inc 235
J. Jill Group Inc N/C 1,550
J2 Global Communica Tions Inc Com N/C 281
Jacob Internet 2,162
Janus Enterprise 23,661
Janus Fund 27,383
Janus Global Life Sciences 43,011
Janus Global Technology 64,737
Janus Inv't Balanced 5,216
Janus Inv't Growth & Income 23,688
Janus Inv't Mercury 53,434
Janus Inv't Overseas 129,760

32


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Janus Inv't Twenty $    122,908
Janus Inv't Worldwide 162,732
Janus Olympus 116,869
Janus Orion Fund 23,598
Janus Special Situations 9,230
Janus Strategic Value Fund 6,049
Japan Fund 3,070
Jds Uniphase Corp N/C 119,811
Johnson & Johnson 76,171
Juniper Networks Inc 40,718
K Mart Corp 531
Kana Communications Inc 7,728
Kaufmann Fund 13,926
Kcs Energy Inc Frmly Kcs Group 8,126
Keane Inc 585
Kellogg Company 788
Keravision Inc 138
Keynote Sys Inc 1,419
4 Kids Entertainment Inc. 1,341
Kinder Morgan Energy Partners L P 11,263
King Pharmaceuticals Inc 13,077
Knight Trading Group Inc N/C 8,363
Kopin Corp 21,595
Korea Fund Inc 1,056
Lam Research Corp 24,795
Landacorp Inc 202
Lanvision Sys Inc 72
Latin American Equity 451
Latitude Communications Inc 775
Learn2.Com Inc N/C 1,015
Legato Systems Inc 744
Level 3 Communications Inc 3,281
Level 8 Sys Inc 1,828
Liberty All Star Equity Fd Sbi 3,106
Liberty Satellite & Technology Inc Cl A N/C 51
Lifeminders Inc N/C 280
Ligand Pharmaceutl Inc Cl B Common 700
Loewen Group Inc 27

33

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
London Pac Group Ltd $     303
Longleaf Internatl 10,289
Longleaf Partners 8,399
Longleaf Small Cap 4,745
Loomis Sayles Aggressive Grw Instl 2,432
Loral Space & Comm Ltd 2,311
Lowes Companies 2,225
Lsi Logic Corp 22,132
Ltx Corp 3,743
Lucent Tech Inc 189,689
M T R Gaming Group Inc 475
Macatawa Bank Corp 7,879
Macrochem Corp 2,563
Macromedia Inc 3,645
Madge Networks N.V. Frmly Madge N.V. 625
Magellan Pete Corp 97
Mail Well Inc 1,294
Mail.Com Inc Cl A 3,595
Managers Us Stock Market Plus N/C 404
Manufacturers Svcs Ltd 3,975
Mapinfo Corp 10,631
Marchfirst Inc 651
Marketing Services Grp Inc 238
Marriott Intl Inc Cl A 1,437
Marsico 21st Century Fund 3,210
Marsico Focus 10,748
Martha Stewart Living 2,889
Marvel Enterprises Inc 719
Masters Select International 24,501
Mathsoft Inc Com 6,057
Matritech Inc 6,423
Matrix Pharmaceuticl Inc 3,425
Matrixone Inc 455
Mattel Inc 15,740
Mattson Tech Inc 2,063
Maxwell Tech Inc 7,469
Maytag Corp 1,616
Mcdata Corp Cl B 1,369

34

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
McDonalds Corp $    26,860
Mckesson Hboc Inc 359
Mcleod Inc 1,413
Mediabay Inc N/C 163
Meditrust Paired 2,563
Medtronic Inc 16,301
Mellon Finl Corp N/C 5,263
Mercator Software Inc N/C 4,031
Merck & Co Inc 45,970
Mercury Computer Systems Inc 23,219
Merger Fund 13,302
Merrill Lynch & Co 40,913
Metricom Inc 26,164
Metrocall Inc 94
Metromedia Fiber Network Inc 20,604
Mevc Draper Fisher Jurvetson Fd I Inc 3,675
Mfs Emerging Growth Class A 4,749
Mfs Research Intl Class A 7,196
Mfs Strategic Growth Class A 15,318
Micromuse Inc 9,657
Micron Electronics 5,468
Micron Technology 1,775
Microsoft Corp 341,101
Millennium Pharm Inc 56,430
Miller Inds Inc 107
Minimed Inc 1,723
Minnesota Mng & Mfg 3,374
Momentum Business Applications Inc 53
Monaco Coach Corp 1,769
Montgomery Growth 36,228
Montgomery International Growth 1,460
Morgan Grenfell European Equity Inst 469
Morgan St Dean Witter Discover & Co 4,280
Morgan Stanley Africa Invt Fd Inc 1,331
Mossimo Inc 325
Motient Corp N/C 1,200
Motorola Inc 86,123
Movado Grp Inc 3,508

35

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Mp3.Com Inc $    1,078
Mrv Communications 5,337
M-System Flash Disk Pioneer 4,181
Mti Technology Corp 2,205
Munder Framlington Healthcare Class B 688
Munder Future Technology Cl B 306
Munder Net Net Class A 1,079
Munder Net Net Class B 3,287
Mutual Series Discovery Class Z 21,173
M-Wave Inc 1,600
Mypoints.Com Inc 82
Myriad Genetics Inc 17,295
Nabors Inds Inc. 2,958
Nasdaq 100 Tr Unit Ser 1 294,560
National Energy 150
National Equipment Services Inc 938
Natl Data Corp 10,988
Natl Semiconductor 10,063
Navidec Inc 73
Navisite Inc 2,114
Nbc Internet Inc 172
Ncr Corp 295
Net2phone Inc 369
Netcurrents Inc N/C 6,260
Netegrity Inc 154,099
Netmanage Inc 469
Netobjects Inc 160
Netopia Inc 431
Netpliance Inc 531
Netscout Systems Inc 2,150
Network Appliance Corp 30,489
Network Commerce Inc N/C 75
Network Engines Inc 10,470
Network Plus Corp 20,863
Network-1 Security Solutions 6,626
Networks Associates Inc 126
Netzero Inc 88
Neuberger & Berman Genesis Trust 5,443

36

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Neuberger & Berman Millennium Trust $     733
New Era Of Networks Inc 9,888
New York Community Bancorp N/C 662
Newport Corp 13,757
Newsedge Corporation 322
Nexar Technologies Corp 1
Nextel Comm Inc Cl A 19,008
Nicholas Fund 6,858
Nike Inc Class B 1,953
Niku Corp 66
Nisource Inc N/C 492
Nokia Corp Adr 189,443
Norfolk Southern Crp 399
Nortel Networks Corp 89,744
Northeast Investors Trust Ctfs Ben Int 8,512
Northern Technology 5,785
Northern Tr Corp 8,156
Novartis Ag 671
Novatel Inc 844
Novavax Inc 1,488
Novell Inc 1,044
Oak Value Fund 352
Oceaneering Intl Inc 1,944
Ocular Sciences Inc 5,813
Officemax Inc 477
Omega Healthcare Invs Inc 1,313
Omni Multimedia Grp Inc 60
On Technology Corp 469
Onyx Pharmaceuticals Inc 4,463
Open Market Inc 3,929
Openwave Systems Inc 4,362
Opnet Technologies Inc 1,732
Oppenheimer Global Class B 10,479
Opti Inc 5,879
Opus360 Corp 8
Oracle Corporation 411,387
Orasure Technologies Inc Com 5,528
Orbital Engine Ltd Sponsored 2,081

 

37

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Orbital Sciences Corp $     413
Organogenesis Inc 6,868
Orthodontics Ctrs Amer Inc 3,125
Osi Pharmaceuticals Inc 17,227
Osi Systems Inc 1,838
Outback Steakhouse Inc 7,763
Owens Corning 285
Owens Ill Inc Com New 284
Pac Aerospace & Electronics 41
Pacific Centy Cyberworks Ltd 12,379
Packeteer Inc 1,238
Palm Inc 57,107
Parametric Tech Corp 7,687
Paychex Inc 4,230
Pbhg Emerging Growth 2,486
Pbhg Global Tech & Communications 1,542
Pbhg Growth 20,320
Pbhg Select Equity 52,489
Pbhg Small Cap Value 5,545
Pbhg Tech & Communication 29,149
Pc Connection Inc 6,744
Peapod Inc 78
Pemstar Inc 2,644
Peoplesoft Inc 18,594
Pepsico Inc 46,738
Peregrine Sys Inc 277
Perle Sys Ltd 344
Petrochina Co Ltd 994
Petsmart Inc 288
Pfizer Inc 71,990
Pharmaceutical Product Development Inc 4,323
Pharmacia Corp 1,220
Pharmos Corp 1,329
Philip Morris 54,604
Picturetel Corp 475
Pier 1 Imports Inc 2,424
Pilgrim Worldwide Emerging Mkts 4,867
Pillowtex Corp 6

38

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Pimco Innovation Class D $    5,366
Pimco Real Return Bond Class D 4,821
Pixar Inc 4,500
Planetrx.Com Inc 7
Playtex Prods Inc 2,243
Plx Technology Inc 457
Pmc-Sierra Inc 8,334
Polaroid Corp 291
Polycom Inc 7,017
Porta Systems Corp New 375
Portal Software Inc 1,294
Portugal Telecom 900
Possis Medical Inc Frmly Possis Corp 19,492
Presstek Inc 1,680
Pri Automation Inc 225
Price T Rowe & Assoc Inc 2,536
Priceline.Com Inc 776
Princeton Video Image Inc 532
Prins Recycling Corp 2
Printronix Inc 703
Procter & Gamble Co 46,358
Prodigy Communications Corp 53
Project Software Development Inc 537
Prosoft I-Net Solutions Inc 1,213
Provant Inc 2,569
Prudent Bear Fds Inc 5,213
Psinet Inc 288
Ptek Hldgs Inc N/C 14,380
Publicis Groupe Adr 1,816
Publicis Groupe 111
Puma Technology Inc 3,591
Putnam Asia Pacific Growth Class A 170
Putnam Emerging Markets Class A 295
Putnam International Voyager Class C 4,305
Putnam Otc & Emerg Growth Class C 2,999
Qiao Xing Universal Telephone Inc Com 1,125
Qlogic Corp 3,080
Qsound Labs Inc 470

39

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Quadramed Corp $       325
Qualcomm Inc 92,215
Qualstar Corp 1,313
Quest Diagnostics Inc 14,200
Qwest Comm Intl Inc 6,131
Radioshack Corp N/C 1,070
Railamerica Inc 1,632
Ralston Purina Co Com-Ralston Purina Group 7,838
Rambus Inc 17,448
Ramtron Intl Corp 875
Rare Hospitality Intl Inc 3,816
Rare Medium Group Inc N/C 610
Rational Software Cp Com 662
Ravisent Techs Inc 756
Raytheon Co Cl A 33,466
Raytheon Co Cl B 10,344
Razorfish Inc 1,300
Rcn Corp 2,525
Realax Software Ag Spons Adr Isin #Us75603d1046 30
Realnetworks Inc 10,426
Red Hat Inc 3,856
Red Oak Technology Select 8,718
Redback Networks Inc 410
Regeneron Pharmaceuticals Inc 17,633
Renaissance Ipo Plus Aftermarket 4,684
Research In Motion Ltd 10,000
Reserve Informed Investor Growth R 456
Reserve Small Cap Growth Class R 9,815
Reuters Grp 9,850
Revlon Cl A 1,488
Reynolds Blue Chip Growth 5,801
Rf Micro Devices Inc 12,621
Rhythms Netconnections Inc 225
Rite Aid Corp 2,439
Rogers Wireless Communications Inc Cl B Non Vtg N/C 1,769
Rostelecom 477
Rowe Funiture Corp 289
Rowecom Inc 125

40

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Royale Energy Inc $    7,250
Royce Low Priced Stock Fund 3,898
Rpm Inc 659
Rs Diversified Growth N/C 149
Rs Emerging Growth N/C 19,576
Rs Microcap Growth N/C 3,492
Rsa Security Inc N/C 22,472
S & P Mid Cap 400 Dep Rcpts Mid Cap Spdrs 2,831
S1 Corp N/C 525
Saba Software Inc 1,575
Safeco Northwest 7,166
Safeguard Scientific Inc 12,588
Salomon Bros Opportunity Income 304
Salton/Maxim House-Wares Inc Com 4,965
Sandisk Corp 2,775
Sanpaolo Imi Spa 811
Satcon Technology Corp 4,839
Satyam Infoway Ltd 1,269
Savvis Commun Corp 551
Sbc Communications 17,190
Schering Plough Corp 17,025
Schwab Charles Corp 25,481
Sciclone Pharmaceutc Inc 28,320
Scient Corp 3,695
Scientific Atlanta 6,513
Sciquest.Com Inc 223
Scudder Global Discovery 1,872
Scudder Greater Europe Growth 49,132
Scudder Growth & Income 6,382
Scudder Int'l 17,121
Sdl Inc 22,969
Seebeyond Technology Corp Com 2,563
Seiler Pollution Control Systems Inc New 15
Select Biotechnology 24,413
Select Develop Communications 4,158
Select Electronics 30,282
Select Technology 37,449
Select Telecomm 18,328

41

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Selected American Shares $    8,078
Seligman Communictns & Info Class A 212
Seligman Communictns & Info Class D 18,725
Seligman Growth Class A 207
Seranova Inc 225
Serena Software Inc 3,423
Service Corp Intl 376
Shuffle Master 5,953
Siebel Systems Inc 26,374
Silicon Image Inc 1,947
Silicon Storage Tech Inc 3,910
Simplayer.Com Ltd N/C 141
Simulations Plus Inc 2,250
Sirius Satellite Radio Inc N/C 8,981
Sketchers Usa Inc 6,200
Skillsoft Corp 938
Skyline Special Equities 5,281
Sli Inc 3,863
Smithkline Beecham 622
Sodexho Marriott Svc 89
Solectron Corp Delaware 19,086
724 Solutions Inc. 801
Sonera Corp Ads 434
Sonic Foundry Inc 525
Sonus Networks Inc 15,352
Sony Corp Adr New 13,900
Southwest Airlns Co 6,438
Southwest Secs Group Inc 5,175
Sovereign Bancorp Inc 7,800
Spacehab Inc 513
Spartan High Income 2,584
Spectra Fund Inc 153
Spherion Corp N/C 1,131
Sports Authority Inc 238
Sprint Corp (Pcs Group) 6,131
Sprint Corp 2,031
Spx Corp 10,819
*Ssga Active International 112,782

42

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
*Ssga Aggressive Equity $    249,467
*Ssga Emerging Markets 340,053
*Ssga Growth & Income 29,587
*Ssga High Yield Bond 83,010
*Ssga International Growth Opportunities 114,417
*Ssga Matrix Equity 3,793
*Ssga Money Market Fund 3,361,290
*Ssga Real Estate Equity 110,796
*Ssga S & P 500 Index 156,531
*Ssga Small Cap Equity 106,780
*Ssga Special Fund 174,821
*Ssga Yield Plus 217,786
St Jude Medical Inc 12,288
Staples Inc 27,985
Starbase Corp 8,005
Starbucks Corp 9,691
State Street Corp 184,203
Stearns & Lehman Inc 475
Stein Roe Capital Opportunity N/C 1,249
Stein Roe Young Investor N/C 4,395
Stewart Enterprises Inc Cl A 112
Stilwell Financial Inc 1,183
Stocker And Yale Inc 6,188
Storagenetworks Inc 1,737
Stratos Lightwave In C 853
Stride-Rite Corp 2,100
Stripped Int Pmt Cpn, Due 05/15/2007 For U S Treas Secs Bond 11.75%, 11/15/2009 72,297
Strong Corporate Bond Income 4,123
Strong Equity Income Value 814
Strong Growth 74,841
Strong Opportunity Income 17,700
Stryker Corp 6,324
Sturm Ruger & Co Inc 1,888
Sun Microsystems Inc 267,489
Sunbeam Corporation 31
Sunglass Hut Intl Inc 1,538
Sunguard Data Sys Inc 9,896

43


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Superconductor Technologies Inc $     363
Sybase Inc Certs 1,981
Sybron Dental Com 1,114
Sycamore Networks Inc 76,363
Sykes Entmt Inc 444
Symantec Corp 9,111
Syngenta Ag Sponsored Adr 11
Synopsys Inc 4,744
Synthetic Blood Intl Inc 61
Syquest Technology Inc 1
T Rowe Price European Stock 4,956
T Rowe Price Health Sciences 11,102
T Rowe Price International Stock 114,763
T Rowe Price Media & Telecommunications 2,287
T Rowe Price New Horizons Fd Inc 7,676
T Rowe Price Science & Technology 75,348
Taiwan Semiconductor Manufacturing Co Ltd 10,350
Talisman Energy Inc 3,373
Talk.Com Inc N/C 863
Target Corp 5,483
3tec Energy Corp News 8,573
Technical Communications Corp 15,000
Tekelec 1,410
Tele Celular Sul Participacoes Adr Represtg 10000 Pfd Shs 78
Tele Centro Oeste Celular Participacoes Sa Adr Reprstg 3000 Pfd Shs 136
Tele Nordeste Celular Participacoes Sa Represtg 20000 Pfd Shs 41
Tele Norte Leste Participacoes Sa Adr Represtg 1000 Pfd Shs 1,095
Tele Sudeste Celular Participacoes Adr Represtg 5000 Pfd Shs 53
Telecom Italia Spa Spons Adr Repstg 10 Ord Shs 2,206
Telecomunicacoes De Sao Paulo S A Telesp 254
Telefonica De Espana S A Sponsored Adr 650
Telemig Celular Participacoes Adr Reprstg 20000 Pfd Shs 60
Telesp Celular Participacoes Sa Adr Reprstg 2500 Pfd Shs 459
Teletek Inc Com New 1
Teligent Inc-Cl A 461
Templeton Latin America Class A 407
Tenaco Automotive Inc 150
Teradyne Inc 24,771

44


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Terayon Comm Sys $    1,471
Terra Networks Sa Adr 9,929
Texas Instruments Inc 68,931
Tfc Enterprises 188
The Internet Fund 12,547
Theglobe Com Inc 28
Theragenics Corp 1,600
Thermo Tech Technlgs Inc Com 14
Thestreet.Com Inc 288
Third Avenue Value Fd 21,783
Thomas & Betts Corp 2,720
Thomson Multimedia Spon Adr 1,800
Tibco Software Inc 2,397
Time Warner Inc Holding Co Frmly Time Warner Inc 18,284
Tioga Technologies Ltd 3,562
Titan Corp 4,794
Tjx Companies Inc 2,775
Tocqueville Small Cap Value 3,445
Tollgrade Communications Inc 3,650
Tommy Hilfiger Corp 981
Town & Ctry Tr Sh Ben Int 1,931
Trans World Airlines Inc 332
Transamerica Premier Equity 1,243
Trega Biosciences Inc 84
Trend Lines Inc Cl A 49
Tricon Global Restaurants Inc 1,188
Tricord Sys Inc 8,313
Trident Microsystems Inc 2,250
Trimble Nav Ltd 4,800
Tripath Technology Inc 4,294
Tularik Inc 14,719
Tumbleweed Communications Corp 21,130
Tweedy Browne Global Value Fund 41,616
Tyco Intl Ltd New 55,944
Ultrak Inc 1,770
Ultratech Stepper Inc 10,350
Unibanco Gdr 736
Unify Corp 94

45


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Union Carbide Corp $    2,960
Unisys Corp 439
United Pan Europe Com Adr 630
United Parcel Svc Inc Cl B 38,011
Uniview Techs Corp 1,000
Usinternetworking Inc 5,685
Usn Communications Inc 17
Ust Inc 7,437
Utstarcom Inc 6,510
Va Linux Sys Inc 1,024
Value City Dept Stores Inc 1,050
Van Wagoner Income Post Venture 5,364
Van Wagoner Technology 2,841
Vanguard Balanced Index 95,199
Vanguard Gnma Fixed Income Securities 290,291
Vanguard Growth & Income 18,149
Vanguard High Yield Bond Fixed Income 29,176
Vanguard Index Trust S&P 500 Port 168,905
Vanguard Int'l Growth Portfolio 13,742
Vanguard/Wellington Income 7,365
Vanguard/Windsor Ii Portfolio 2,232
Venator Group Inc 775
Ventro Corp Com 30
Verisign Inc 21,885
Veritas Software Corp 54,688
Verizon Communications N/C 16,942
Versata Inc 13,943
Verso Technologies Inc Com N/C 56
Vertel Corp 703
Verticalnet Inc 6,789
Viacom Inc Cl A 18,800
Viacom Inc Cl B Non-Voting Common 5,049
Viasource Communications Inc 178
Viasystems Group Inc 416
Viatel Inc 1,302
Viisage Tech Inc 438
Vina Technologies Inc 325
Virata Corp 2,175

46


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

 

Current
Value

  
Viropharma Inc $     3,621
Visteon Corp Com 230
Visual Networks Inc 1,625
Visx Inc Del 783
Vitesse Semiconductr Corp 18,696
Vivus Inc 108
Vodafone Group 18,265
Vodavi Technology 1,156
V-One Corp 922
Voxware Inc 938
Vyyo Inc 3,063
Wal Mart Stores Inc 85,531
Walgreen Company 2,091
Warburg Pincus Emerging Growth 3,869
Warburg Pincus Emerging Markets 583
Warburg Pincus Global Telecomm 1,415
Warburg Pincus Globl Post Venture Capital 165
Warburg Pincus Health Sciences 4,239
Warburg Pincus Japan Growth 6,158
Warburg Pincus Jspsn Otc 1,566
Warburg Pincus Major Foreign Markets 268
Wasatch Microcap 3,584
Wasatch Microcap Value 345
Waste Management Inc 2,775
Waverider Comm Inc 668
Webmd Corp N/C 3,405
Webmethods Inc 2,223
Webvan Group Inc 164
Weitz Value 28,599
Wendys Intl Inc 2,625
Western Digital Corp 16,188
Westport Small Cap Class R 298
White Electronics Designs 10,350
White Oak Growth Stock 30,177
Whitman Corp N/C 5,076
Williams Comm Group Inc 588
Williams Cos Inc 2,796
Wilshire Target 5000 Index Investor Class 764

47

 


State Street Corporation and Certain Related
Companies Salary Savings Program

Self Managed Brokerage Detail

December 31, 2000

Current
Value

   
Wind Riv Sys Inc $    45,045
Winn Dixie Stores 581
Wireless 3,519
Wireless Facilities Inc 7,250
Wit Soundview Group Inc N/C 3,953
Wj Communicatios Inc 1,425
Workgroup Technology Corporation 1,218
Worldcom Inc 54,227
Worthington Inds Inc 806
Wsi Interactive Corp 41
Xenova Group 1,500
Xerox Corp 6,942
Xoma Ltd 5,850
Xpedior Inc 112
Xxsys Technologies Inc 171
Xybernaut Corp 1,013
Yahoo Inc 33,039
Yankee Candle Co 2,445
Youthstream Media Networks Inc 75
Zamba Corp 5,438
Zany Brainy Inc 297
Zapworld.Com 563
Zebra Technologies Corp 4,080
Zoom Telephonics Inc 2,650
Zymetx Inc 131
Cash 76
$22,737,551
===========

 *Indicates party-in-interest to the Plan.


 

 

CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS

  

We consent to the incorporation by reference in Post-Effective Amendment Number 2 to the Registration Statement (Form S-8 No. 2-68696) pertaining to the State Street Corporation and Certain Related Companies Salary Savings Program of our report dated June 8, 2001, with respect to the financial statements and supplemental schedule of the State Street Corporation and Certain Related Companies Salary Savings Program included in this annual Report (Form 11-K) for the year ended December 31, 2000.

 

   ERNST & YOUNG LLP

Boston, Massachusetts
June 19, 2001