Six Months
                          Ended December 31,         Year Ended June 30,
                          --------------------  -------------------------------
                            1998       1997       1998       1997       1996
                          ---------  ---------  ---------  ---------  ---------
                              (unaudited)
REVENUES................  $ 341,230  $ 315,622  $ 616,798  $ 650,176  $ 636,761
OPERATING EXPENSES......    236,106    211,554    410,691    408,842    403,013
SELLING, GENERAL AND
 ADMINISTRATIVE EX-
 PENSES.................     30,907     28,799     54,698     56,305     49,649
DEPRECIATION AND AMORTI-
 ZATION OF PROPERTY,
 PLANT &
 EQUIPMENT..............      3,473      3,092      6,329      7,224      6,513
AMORTIZATION OF INTANGI-
 BLE
 ASSETS.................     48,461     46,587     93,693     93,693     93,693
                          ---------  ---------  ---------  ---------  ---------
  Operating income
   before intercompany
   interest charge......     22,283     25,590     51,387     84,112     83,893
INTERCOMPANY INTEREST
 CHARGE.................   (132,098)  (123,888)  (250,855)  (234,581)  (232,986)
                          ---------  ---------  ---------  ---------  ---------
  Loss before benefit in
   lieu of income
   taxes................   (109,815)   (98,298)  (199,468)  (150,469)  (149,093)
BENEFIT IN LIEU OF IN-
 COME
 TAXES..................     13,840     13,528     27,056     27,056     27,056
                          ---------  ---------  ---------  ---------  ---------
  Net loss..............  $ (95,975) $ (84,770) $(172,412) $(123,413) $(122,037)
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