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                  Table 5.4-1.  Average 1995 prices for QS leases


                  IPHC                         Ave      Ave             Tot num           IFQ            Tot num            QS
                  mngt    Vess                price    price            of IFQs           per              of QS           per         Num of
                  area    category       |    $/IFQ    $/QS     |         trans         trans    |         trans         trans    |     trans



                   2C     Freezer        |    1.04     0.16     |        25,041         5,008    |       166,530        33,306    |       5

                   3A     Freezer        |    0.80     0.09     |       121,555        30,389    |     1,129,379       282,345    |       4
                          36 to 60 ft    |     C        C       |         2,260         2,260    |        20,998        20,998    |       1

                   3B     Freezer        |     C        C       |        13,373         4,458    |       196,748        65,583    |       3

                   4A     Freezer        |     C        C       |        14,443         7,222    |       110,076        55,038    |       2

                   4B     Freezer        |     C        C       |        28,178        28,178    |       140,841       140,841    |       1



                   C indicates confidential data (fewer than four transactions)
                   Data includes priced transfers and sweep-up transfers only
                   Data was created on 1-3-96