New Orleans Louisiana Saints, Limited Partnership, Benson Football, Inc. Tax Matters Partner - Page 3

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          its first 20 years in the NFL.  Its first winning season occurred           
          in 1987.  From 1967 through 1974, the Saints played their home              
          games at a stadium owned by Tulane University (the Tulane                   
          stadium).  The Tulane stadium is located in New Orleans.  During            
          that period, the Tulane stadium had an approximate seating                  
          capacity of 81,000 for football games.  The Saints drew an                  
          average attendance per home game of approximately 70,966 while              
          using the Tulane stadium.  In 1975, the Saints began playing                
          their home games at the New Orleans, Louisiana, Superdome (the              
          Superdome).  From 1975 through 1984, the Saints drew an average             
          attendance per home game of approximately 55,000.  During the 5-            
          year period immediately preceding petitioner's acquisition of the           
          Saints, the number of tickets sold for preseason and regular                
          season home games was as follows:                                           
                    Year      Tickets Sold                                            
                    1980        548,026                                               
                    1981        639,890                                               
                    1982        378,3971                                              
                    1983        674,066                                               
                    1984        639,470                                               
               Until May 31, 1985, the Saints were owned by a Louisiana               
          partnership in which John W. Mecom, Jr., (Mecom) was a general              
          partner and the principal investor  (collectively, the Mecom                
          Group).  Mecom purchased the Saints franchise agreement from the            


               1There was a 2-month player-strike during the 1982 NFL                 
          season.  Because the Saints played fewer home games, fewer                  
          tickets were sold.                                                          




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