Berkshire Hathaway DEF 14A -  March 20, 2000
 
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

Warren E. Buffett, whose address is 1440 Kiewit Plaza, Omaha, NE 68131, a nominee for director, is the only person known to the Corporation to be the beneficial owner of more than 5% of the Corporation's Class A or Class B Stock. Beneficial ownership of the Corporation's Class A and Class B Stock on February 29, 2000 by Mr. Buffett and by any other executive officers and directors of the Corporation who own shares is shown in the following table: 

                                                                                PERCENTAGE      PERCENTAGE
                                                                PERCENTAGE     OF AGGREGATE    OF AGGREGATE
                                                              OF OUTSTANDING   VOTING POWER      ECONOMIC
                                              SHARES             STOCK OF       OF CLASS A       INTEREST
                           TITLE OF CLASS   BENEFICIALLY        RESPECTIVE          AND         OF CLASS A
         NAME                OF STOCK        OWNED (1)           CLASS (1)     CLASS B(1)      AND CLASS B(1)
         ----              --------------   ------------      --------------   ------------    --------------
Warren E. Buffett             Class A          477,166(2)           35.6
                              Class B             --                 *              34.9(3)          31.4
                                                             
Susan T. Buffett              Class A           34,478(2)            2.6
                              Class B               21(2)            *               2.5(3)           2.3
                                                             
Howard G. Buffett             Class A               14               *
                              Class B               33               *               *                *
                                                             
Malcolm G. Chace              Class A            2,020(4)            0.2
                              Class B               83(4)            *               0.1              0.1
                                                             
Charles T. Munger             Class A           18,011               1.3
                              Class B             --                 *               1.3              1.2
                                                             
Ronald L. Olson               Class A               90               *
                              Class B              300               *               *                *
                                                             
Walter Scott, Jr              Class A              100(5)            *
                              Class B             --                 *               *                *
                                                             
Directors and executive       Class A          531,879              39.7
officers as a group           Class B              437               *              38.8             35.0

* less than 0.1%. 

(1) Beneficial owners exercise both sole voting and sole investment power unless otherwise stated. Class A Stock is convertible into thirty shares of Class B Stock at the option of the shareholder. As a result, pursuant to Rule 13d-3(d)(1) of the Securities Exchange Act of 1934, a shareholder is deemed to have beneficial ownership of the shares of Class B Stock which such shareholder may acquire upon conversion of the Class A Stock. In order to avoid overstatement, the amount of Class B Stock beneficially owned does not take into account such shares of Class B Stock which may be acquired upon conversion (an amount which is equal to 30 times the number of shares of Class A Stock held by a shareholder). The percentage of outstanding Class B Stock is based on the total number of shares of Class B Stock outstanding as of March 3, 2000 (5,385,320 shares) and does not take into account shares of Class B Stock which may be issued upon conversion of Class A Stock. 

(2) Includes 474,998 shares owned directly and beneficially by Warren E. Buffett, and 2,168 shares owned by three trusts of which Mr. Buffett is sole trustee but with respect to which Mr. Buffett disclaims any beneficial economic interest. Mr. Buffett shares investment and voting power with respect to 34,478 Class A shares and 21 Class B shares owned by Susan T. Buffett 

(3) Mr. and Mrs. Buffett have entered into a voting agreement with Berkshire providing that, should the combined voting power of shares held by Mr. and Mrs. Buffett and the trusts exceed 49.9% of Berkshire's total voting power, they will vote those shares in excess of that percentage proportionately with votes of the other Berkshire shareholders. 

(4) Includes 471 Class A shares and 55 Class B shares for which Mr. Chace has sole investment and voting power. Also includes 1,549 Class A shares and 28 Class B shares held by various trusts of which Mr. Chace is a trustee. Excluded are 772 Class A shares in which Mr. Chace has a pecuniary interest but with respect to which he possesses neither investment power nor voting power, and also does not include 54 Class A shares owned by Elizabeth Z. Chace, wife of Mr. Chace. 

(5) Does not include 10 Class A shares owned by Suzanne M. Scott, wife of Walter Scott, Jr. 
 



 
 

 
 
 
 
 

SPECIAL BONUS TIPS NOT FOUND IN ANY PROXY:

1. Mantra: Class A, Directly Held, Beneficially Owned

2. Always check the footnotes!