BENCHMARKS REPORT

Industry Measure: Business Segment Data

SIC:	2851
INDUSTRY:	PAINTS, VARNISHES, LACQUERS

BENCHMARKS FOR THE INDUSTRY

NO. OF SEGMENTS REPORTING IN THE INDUSTRY:
20

1997 SALES FOR THE INDUSTRY:
$ 24640

(Total Sales in $Millions)

OPERATING MARGIN:
10.3
(Allocated Operating Profits (divided by) Segment Sales)

ASSET INTENSITY:
63.8
(Allocated Assets (divided by) Segment Sales)

SALES GROWTH:
9.2
(Compound 3-Year Growth Rate in Sales for the
Median Participant in the Industry)

BENCHMARKS FOR THE TOP FOUR COMPETITORS

ROA: Allocated Operating Profits (divided by) Allocated Operating Assets