Richardson Electronics, Ltd. and Subsidiaries Schedule IX - Short-term Borrowings COL. A COL. B COL. C COL. D COL. E COL. F --------------------------------- ------------ ---------- ------------ -------------- ------------- Maximum Average Weighted Weighted Amount Amount Average Balance Average Outstanding Outstanding Interest CATEGORY OF AGGREGATE at end Interest During During Rate During SHORT-TERM BORROWINGS of Period Rate the Period the Period the Period --------------------------------- ------------ ---------- ------------ -------------- ------------- Year ended May 31, 1994: Notes payable to bank $ - - $1,127,000 $505,000 (1) 7.3 % (2) Year ended May 31, 1993: Notes payable to bank $403,000 8.1 % $403,000 $127,000 (1) 8.1 % (2) Year ended May 31, 1992: Notes payable to bank $ - - $876,000 $253,000 (1) 11.6 % (2) (1) The average amount outstanding during the period was computed by dividing the total month-end outstanding principal balances by 12. (2) The weighted average interest rate during the period was computed by dividing the actual interest expense by the average monthly notes payable outstanding.