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      Table 7-3.  Swappable Halibut QS: Net Changes From Initial Allocation to Year-end 1996, By Area
                  and Vessel Category

                             Initial                                        QS                        1996
                           Amount of              QS           QS       Vessel                   Amount of
            Vessel         Swappable         Swapped   Transfered     Category      Revoked      Swappable
   Area    Category               QS            From         From      Changes           QS             QS
  -------  --------        ---------       ---------     --------      -------     --------      ---------

    2C     GT 60 ft.  |      702,567  |       96,286      203,709       -6,186            0  |     396,386
           36-60 ft.  |      169,359  |            0      120,040       13,349            0  |      62,668
           LE 35 ft.  |      220,114  |      129,167       42,306       -7,163            0  |      41,478
                         -----------     -----------  -----------               -----------     ----------
                           1,092,040         225,453      366,055                         0        500,532

    3A     GT 60 ft.  |       57,978  |       51,531        3,083            0            0  |       3,364
           36-60 ft.  |       78,857  |       55,473       13,766        2,632            0  |      12,250
           LE 35 ft.  |      668,771  |      446,520      128,810       -2,632            0  |      90,809
                         -----------     -----------  -----------               -----------     ----------
                             805,606         553,524      145,659                         0        106,423

    3B     GT 60 ft.  |        4,624  |            0            0            0            0  |       4,624
           36-60 ft.  |       21,068  |       16,211        2,741            0          126  |       1,990
           LE 35 ft.  |      197,068  |      174,589            0            0            0  |      22,479
                         -----------     -----------  -----------               -----------     ----------
                             222,760         190,800        2,741                       126         29,093

    4A     GT 60 ft.  |       30,771  |            0        2,142            0            0  |      28,629
           36-60 ft.  |        6,231  |        4,303          281            0            0  |       1,647
           LE 35 ft.  |       52,059  |       32,762            0            0            0  |      19,297
                         -----------     -----------  -----------               -----------     ----------
                              89,061          37,065        2,423                         0         49,573