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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Principal Financial Group
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(Name of Issuer)
Common Stock, $0.01 Par
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(Title of Class of Securities)
74251V 10 2
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(CUSIP Number)
Check the following box if a fee is being paid with this statement[ ]. (A fee is
not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
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CUSIP No. 74251V 10 2 13G Page 2 of 6 Pages
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Name of Reporting Person
1 S.S. or I.R.S. Identification No. of above person
Northern Trust Corporation 36-2723087
The Northern Trust Company 36-1561860
Northern Trust Bank, NA 86-0377338
Northern Trust Bank of California, NA 94-2938925
Northern Trust Bank of Florida, NA 36-3190871
Northern Trust Bank of Texas, NA 75-1999849
Northern Trust Bank, FSB 38-3424562
Northern Trust Investments, Inc. 36-3608252
Northern Trust Company of Connecticut 06-6275604
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Check the appropriate box if a member of a group
2
Not Applicable (a)[_]
(b)[_]
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S.E.C. use only
3
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Citizenship or place of organization
4
Northern Trust Corporation--a Delaware corporation with
principal offices in Chicago, Illinois
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Sole Voting Power
5
Number of 2,806,545
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Shares Shared Voting Power
Beneficially 6
owned by 1,356,674
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Each Sole Dispositive Power
Reporting 7
Person 37,231,008
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With Shared Dispositive Power
8
499,034
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Aggregate amount beneficially owned by each reporting person
9
37,983,944
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Check box if the aggregate amount in Row (9) excludes certain shares.
10
Not Applicable
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Percent of class represented by amount in Row 9
11
11.27
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Type of reporting person
12
Northern Trust Corporation HC
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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934
Check the following box if a fee is being paid with statement[ ].
1. (a) Principal Financial Group
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(Name of Issuer)
(b) 711 High Street, Des Moines, IA 50392
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(Address of Issuer's Principal Executive Office)
2. (a) Northern Trust Corporation
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(Name of Person Filing)
(b) 50 South LaSalle Street, Chicago, Illinois 60675
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(Address of Person Filing)
(c) U.S. (Delaware Corporation)
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(Citizenship)
(d) Common Stock, $0.01 Par
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(Title of Class of Securities)
(e) 74251V 10 2
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(CUSIP Number)
3. This statement is being filed by Northern Trust Corporation as a Parent
Holding Company in accordance with S240.13d-1(b)(1)(ii)(G).
4. (a) 37,983,944
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(Amount Beneficially Owned)
(b) 11.27
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(Percent of Class)
(c) Number of shares as to which such person has:
(i) 2,806,545
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(Sole Power to Vote or to Direct the Vote)
(ii) 1,356,674
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(Shared Power to Vote or to Direct the Vote)
(iii) 37,231,008
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(Sole Power to Dispose or Direct Disposition)
(iv) 499,034
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(Shared Power to Dispose or Direct Disposition)
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5. If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner of
more than 5 percent of the class of securities, check the following:
6. Statement regarding ownership of 5 percent or more on behalf of another
person:
7. Parent Holding Company reporting on behalf of the following subsidiaries,
all of which are banks as defined in Section 3(a)(6)of the Act:
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The Northern Trust Company Northern Trust Bank N.A.
50 South LaSalle Street 2398 East Camelback Road
Chicago, IL 60675 Phoenix, AZ 85016
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Northern Trust Bank of Florida N.A. Northern Trust Bank of California N.A.
700 Brickell Avenue 355 South Grand Avenue, Suite 2600
Miami, FL 33131 Los Angeles, CA 90071
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Northern Trust Bank, FSB Northern Trust Investments, Inc.
40701 Woodward, Suite 110 50 South LaSalle Street
Bloomfield Hills, Michigan 48304 Chicago, IL 60675
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Northern Trust Bank of Texas N.A Northern Trust Company of Connecticut
2020 Ross Avenue 300 Atlantic Street, Suite 400
Dallas, TX 75201 Stamford, CT 06901
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8. Identification and Classification of Members of the Group.
Not Applicable.
9. Notice of Dissolution of Group.
Not Applicable.
10. By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a participant in
any transaction having such purpose or effect.
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After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
NORTHERN TRUST CORPORATION
____________________________
By: Perry R. Pero
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DATED: 02-07-2003 As its: Vice Chairman
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EXHIBIT TO SCHEDULE 13G
FILED BY NORTHERN TRUST CORPORATION
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549-1004
Attention: Filing Desk, Stop 1-4
RE: Principal Financial Group
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Pursuant to the requirement of 240.13d-1(k) (1) (iii), this exhibit
shall constitute our written agreement that the Schedule 13G to which this
exhibit is attached is filed on behalf of Northern Trust Corporation and of its
subsidiary(ies), as stated below, regarding our respective beneficial ownership
in the above-captioned equity security.
NORTHERN TRUST CORPORATION
__________________________
By: Perry R. Pero
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DATED: 02-07-2003 As its: Vice Chairman
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The NORTHERN TRUST COMPANY
_______________________________
By: Perry R. Pero
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As its Vice Chairman
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NORTHERN TRUST BANK, NA
NORTHERN TRUST BANK OF CALIFORNIA, NA
NORTHERN TRUST BANK OF FLORIDA, NA
NORTHERN TRUST BANK OF TEXAS, NA
_______________________________
By: Quentin C. Johnson
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As its Authorized Representative
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NORTHERN TRUST INVESTMENTS, INC.
_______________________________
By: Orie L. Dudley
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As its Director
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NORTHERN TRUST BANK, FSB
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By: Brian J. Hofmann
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As its Authorized Representative
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NORTHERN TRUST COMPANY OF CONNECTICUT
_______________________________
By: Trista Simoncek
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As its Authorized Representative
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