DONALD J. PETERS is a Vice President for T. Rowe Price Associates, a
Portfolio Manager and a Quantitative Investment Analyst for the Equity
Research Division. He is Co-Chairperson of the T. Rowe Price Tax-
Efficient Balanced Fund. Prior to joining the firm in 1993, Don was a
Portfolio Manager for Geewax, Terker and Company. He is a former naval
officer and he worked on the staff of Admiral Hyman G. Rickover. Don
earned a B.A. (Economics) from Tulane University and an M.B.A. (Finance)
from the University of Pennsylvania, Wharton School. He is the author of
"Valuing a Growth Stock" Journal of Portfolio Management, Spring, 1991;
"Are Earnings Surprises Predictable" Summer, 1993; "The Influence of
Size on Earnings Surprise Predictability" Journal of Investing, Winter,
1993; (with Richard T. Whitney) "The Changing Balance of Power Between
the Buy and Sell Sides" Journal of Investing, Fall, 1996; and Contrarian
Strategy for Growth Stock Investing, Quorum Books, 1993.
Mary J. Miller - T Rowe Price Associates
January 12, 1998
