Table: Major Czech Holdings Of Dingman And Kozeny

      COMPANY/BUSINESS        PERCENT OWNED   WHAT DINGMAN MAY DO WITH IT
      SEPAP                         51%       Acquire Russian, other
      Pulp & paper                             paper companies
      
      SPOLANA                       30        Find joint venture for
      Chemicals                                excess capacity
      
      BIOCEL Pulp                   36        Diversify into paper
      
      PLZENSKE PIVOVARY             31*       Develop global marketing
      Beer                                     strategy
      
      SKLO UNION                    57        Reshape its financial
      Glass                                    structure
      
      PRAZSKA                       28        Develop its valuable
      TEPLARENSKA                              Prague real estate
      Heating
      
      MORAVSKE                      22        Enter exploration
      NAFTOVE DOLY                             in Russia
      Oil exploration
      
      CESKA NAMORNI                 69        Perhaps sell its 13 ships
      PLAVBA Shipping
      
      *Kozeny stake only      DATA: STRATTON GROUP, BUSINESS WEEK
      
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