Registered Borrowers as of August 1, 2004

RECIPROCAL Total
BEVERLY                                            21579
DANVERS                                            13807
EVERETT                                            16617
GLOUCESTER                                         15971
LYNN                                               27419
LYNNFIELD                                          7360
MARBLEHEAD                                         13877
MELROSE                                            16163
PEABODY                                            23462
READING                                            16566
REVERE                                             12870
SALEM                                              22832
SAUGUS                                             11963
STONEHAM                                           10909
SWAMPSCOTT                                         8182
WAKEFIELD                                          14922
WINTHROP                                           8717
Total 263216