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BERKSHIRE HATHAWAY INC.

*All figures used in this report apply to BERKSHIRE 's A shares , the successor to the only stock that the companyhad outstanding before 1996. The B shares have an economic interest equal to 1/30th that of the HATHAWAY the Shareholders of BERKSHIRE HATHAWAY Inc.:Our gain in net worth during 1998 was $ billion, which increased the per-share book value of both our ClassA and Class B stock by Over the last 34 years (that is, since present management took over) per-share book valuehas grown from $19 to $37,801, a rate of compounded annually.*Normally, a gain of would call for handsprings but not this year.

4 Pre-tax Earnings Per Share Investments With All Income from Year Per Share Investments Excluded 1968 .....$ 53 $ 2.87

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  Berkshire, Hathaway, Shares, Berkshire hathaway inc, Per share

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