FORM 13F SUMMARY PAGE



Report Summary:

         Number of Other Included Managers:          1

         Form 13F Information Table Entry Total:     3,410

         Form 13F Information Table Value Total      7,831,682
                                                     (thousands)


List of Other Included Managers:

         Provide a numbered list of the name(s) and Form 13F file  number(s) of
         all  institutional investment managers with respect to which this
         report is filed, other than the manager filing this report.

         No.                Form 13F File Number            Name
         1                  28-1159                         Lehman Brothers Inc.


Please note that  confidential  information  has been  omitted from
this report and filed  separately  with the Securities and Exchange
Commission.