Norwest Corporation and Subsidiaries - Page 49

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          terms of stability and reliability, as well as its inability to             
          timely process or handle the volume of data required.                       
               Because of the failure to adequately develop the deposit               
          module, which was supposed to work in conjunction with the customer         
          module, Norwest abandoned SBS in 1993 and turned to an alternative          
          system created by Hogan.  Following a 5-year joint venture with             
          IBM, Hogan developed a customer module system which performed               
          approximately 90 percent of the functions needed by Norwest and met         
          Norwest's critical volume requirement.                                      
               After the period in issue, both the customer and deposit               
          modules were eventually successfully implemented at Bank One.  The          
          record does not indicate the ultimate success or failure of the             
          credit module and its implementation at Norwest or Bank One.                
               B.  Trust TU                                                           
               The Trust TU system consisted of a group of software                   
          applications designed to maintain trust accounts, including the             
          tracking of assets, purchase and sale of securities, and collection         
          and disbursement of income.  The software for this system was               
          purchased from a vendor in 1979 and installed in 1981.  Norwest             
          made numerous changes to the system in subsequent years.                    












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