<PAGE>


                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   FORM 10-K/A
                                 AMENDMENT NO. 1

[X]   ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934 for the fiscal year ended November 29, 1998

                                       or

[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934 for the transition period from ______ to ______.

For the fiscal year ended November 29, 1998         Commission File No. 1-8044

                                HUNT CORPORATION
                                  (Registrant)

               Pennsylvania                             21-0481254
         ------------------------             ---------------------------------
         (State of Incorporation)             (IRS Employer Identification No.)

One Commerce Square, 2005 Market Street, Philadelphia, PA          19103-7085
------------------------------------------------------------       ----------
     (Address of Principal Executive Offices)                      (Zip Code)

Registrant's telephone number, including area code:  (215) 656-0300

Securities registered pursuant to Section 12(b) of the Act:

                                                   Name of Each Exchange
         Title of Each Class:                      on Which Registered:
         --------------------                      ---------------------

Common Shares, par value $.10 per share          New York Stock Exchange

Rights to Purchase Series A Junior               New York Stock Exchange
  Participating Preferred Stock

Securities registered pursuant to Section 12(g) of the Act:  None

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months, and (2) has been subject to such filing requirements
for the past 90 days. Yes X  No
                         ---   ---

The number of shares of the registrant's common shares outstanding as of June 1,
1999 was 10,399,340.

                                       1
<PAGE>


Pursuant to General Instruction F to Form 10-K and Rule 15d-21 under the
Securities Exchange Act of 1934, Hunt Corporation's Annual Report on Form 10-K
for the fiscal year ended November 30, 1998 is hereby amended to include the
attached financial statements described in amended Item 14(a)(1)(B) below
required by Form 11-K with respect to the Hunt Corporation Savings Plan for the
Plan's fiscal year ended December 31, 1998. The Savings Plan is subject to the
Employee Retirement Income Security Act of 1974. Item 14, as amended, provides
in its entirety as follows:

Item 14.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON
          FORM 8-K

         (a) Documents filed as part of the Report

                  1. Financial Statements:                          Pages
                                                                    -----
                     A.    The Company and Subsidiaries:

                           Report of Independent Accountants         F-1

                           Consolidated Statements of Income
                           for the fiscal years 1998, 1997
                           and 1996                                  F-2

                           Consolidated Balance Sheets,
                           November 29, 1998 and
                           November 30, 1997                         F-3

                           Consolidated Statements of
                           Stockholders' Equity for the
                           fiscal years 1998, 1997
                           and 1996                                  F-4

                           Consolidated Statements of
                           Cash Flows for the fiscal years
                           1998, 1997, and 1996                      F-5

                           Notes to Consolidated Financial
                           Statements                                F-6-F-29

                     B.    The Savings Plan:

                           Report of Independent Accountants         PF-2

                           Statements of Net Assets Available
                           for Benefits, with Fund Information
                           as of December 31, 1998 and 1997          PF-3-PF-4

                           Statements of Changes in Net Assets
                           Available for Benefits, with Fund
                           Information for the Years Ended
                           December 31, 1998, 1997 and 1996          PF-5-PF-7

                           Notes to Financial Statements             PF-8-PF-16

<PAGE>


                  2.  Financial Statement Schedule:

                      Report of Independent Accountants
                      on Financial Statement Schedule                 F-30

                      Schedule II.  Valuation and Qualifying
                      Accounts for the fiscal years
                      1998, 1997 and 1996                             F-31

                      All other schedules not listed above have been omitted,
                      since they are not applicable or are not required, or
                      because the required information is included in the
                      consolidated financial statements or notes thereto.
                      Individual financial statements of the Company have been
                      omitted, since the Company is primarily an operating
                      company and any subsidiary companies included in the
                      consolidated financial statements are directly or
                      indirectly wholly-owned and are not indebted to any
                      person, other than the parent or the consolidated
                      subsidiaries, in an amount which is material in relation
                      to total consolidated assets at the date of the latest
                      balance sheet filed, except indebtedness incurred in the
                      ordinary course of business which is not overdue and which
                      matures in one year.

                  3.  Exhibits:

                           (2) Plans of acquisition and disposition:

                               (a)  Share Purchase Agreement dated as of March
                                    28, 1997 by and among Seal Products
                                    Subsidiary, Inc. and the various
                                    shareholders of Sallmetall B. V. (incorp. by
                                    ref. to Ex. 2 to Form 8-K as of March 28,
                                    1997).

                               (b)  Asset Purchase Agreement dated October 6,
                                    1997 by and among HON Industries, Inc., AHC,
                                    Inc., the Company, and Bevis Custom
                                    Furniture, Inc. (incorp. by ref. to Ex. 2 to
                                    Form 8-K as of November 13, 1997).

                           (3) Articles of incorporation and bylaws:

                               (a)  Restated Articles of Incorporation, as
                                    amended (composite) (incorp. by ref. to Ex.
                                    3(a) to fiscal 1997 Form 10-K) (reference
                                    also is made to Exhibit 4(c) below for the
                                    Designation of Powers, Preferences, Rights
                                    and Qualifications of Preferred Stock).

                               (b)  By-laws, as amended (incorp. by ref. to Ex.
                                    3(b) to Form 10-Q for quarter ended May 28,
                                    1995).

<PAGE>
                           (4) Instruments defining rights of security holders,
                               including indentures:*

                               (a)  Note Purchase Agreement dated as of August
                                    1, 1996 between the Company and several
                                    insurance companies (incorp. by ref. to Form
                                    10-Q for quarter ended September 1, 1996).

                               (b)  (1) Second Amendment and Restatement of
                                    Credit Agreement dated February 20, 1997
                                    between the Company and NationsBank, N. A.
                                    and other lenders (incorp. by ref. to Ex.
                                    4(b) to fiscal 1998 Form 10-K), and (2)
                                    Third Amendment dated as of April 24, 1998
                                    to Credit Agreement (incorp. by ref. to Ex.
                                    4(b) to fiscal 1998 Form 10-K).

                               (c)  (1) Rights Agreement dated as of August 8,
                                    1990 (including as Exhibit A thereto the
                                    Designation of Powers, Preferences, Rights
                                    and Qualifications of Preferred Stock),
                                    between the Company and Mellon Bank (East),
                                    N. A., as original Rights Agent (incorp. by
                                    ref. to Ex. 4.1 to August 1990 Form 8-K);
                                    and (2) Assignment and Assumption Agreement
                                    dated December 2, 1991, with American Stock
                                    Transfer and Trust Company, as successor
                                    Rights Agent (incorp. by ref. to Ex. 4(d) to
                                    fiscal 1991 Form 10-K).

                                    Miscellaneous long-term debt instruments and
                                    credit facility agreements of the Company,
                                    under which the underlying authorized debt
                                    is equal to less than 10% of the total
                                    assets of the Company and its subsidiaries
                                    on a consolidated basis, may not be filed as
                                    exhibits to this report. The Company agrees
                                    to furnish to the Commission, upon request,
                                    copies of any such unfiled instruments.

                            (10) Material contracts:

                               (a)  Lease Agreement dated June 1, 1979 and First
                                    Supplemental Lease Agreement dated as of
                                    July 31, 1994 between the Iredell County
                                    Industrial Facilities and Pollution Control
                                    Financing Authority and the Company (incorp.
                                    by ref. to Ex. 10(a) to fiscal 1994 Form
                                    10-K).

                               (b)  1983 Stock Option and Stock Grant Plan, as
                                    amended, of the Company (incorp. by ref. to
                                    Ex. 10(b) to fiscal 1996 Form 10-K).**

                               (c)  1993 Stock Option and Stock Grant Plan of
                                    the Company, as amended (incorp. by ref. to
                                    Ex. 10 to Form 10-Q for quarter ended June
                                    1, 1997).**

                               (d)  1994 Non-Employee Directors' Stock Option
                                    Plan (incorp. by ref. to Ex. 10(f) to fiscal
                                    1993 Form 10-K).**


<PAGE>
                               (e)  1997 Non-Employee Director Compensation Plan
                                    (incorp. by ref. to Ex. 10(f) to fiscal 1997
                                    Form 10-K).**

                               (f)  (1) Form of Change in Control Agreement
                                    between the Company and various officers of
                                    the Company (incorp. by ref. to Ex. 10(I) to
                                    fiscal 1994 Form 10-K)** and (2) list of
                                    executive officers who are parties (incorp.
                                    by ref. to Ex. 10(h) to fiscal 1996 Form
                                    10-K).**

                               (g)  (1) Form of Supplemental Executive Benefits
                                    Plan of the Company, effective January 1,
                                    1997, and (2) form of related Amended and
                                    Restated Trust Agreement, effective January
                                    1, 1997 (incorp. by ref. to Ex. 10(g) to
                                    fiscal 1998 Form 10-K).**

                               (h)  Employment Agreement, dated as of April 8,
                                    1996, between the Company and Donald L.
                                    Thompson (incorp. by ref. to Ex. 10 to Form
                                    10-Q for quarter ended June 2, 1996).**

                           (21) Subsidiaries (filed incorp. by reference to
                                Ex. 11 to 1997 Form 10-K).

                           (23) (a) Consent of PricewaterhouseCoopers LLP to
                                incorporation by reference in Registration
                                Statements Nos. 33-70660, 33-25947, 33-6359,
                                2-83144, 33-57105, and 33-57103 on Form S-8, of
                                their report on the consolidated financial
                                statements and schedules included in this report
                                (incorp. by ref. to Ex. 23 to fiscal 1998 Form
                                10-K).

                                (b) Consent of PricewaterhouseCoopers LLP to
                                incorporation by reference, in Registration
                                Statement Nos. 33-6359 and 33-57103 on Form S-8,
                                of their report on the financial statements
                                related to the Savings Plan included with this
                                report as amended (filed herewith).

                           (27) Financial Data Schedule (incorp. by ref. to
                                Ex. 27 to fiscal 1998 Form 10-K).

*  Reference also is made to (1) Articles 5th, 6th, 7th, and 8th of the
   Company's composite Articles of Incorporation (Ex. 3(a) to this report) and
   (2) to Sections 1, 7, and 8 of the Company's By-Laws (Ex. 3(b) to this
   report).
** Indicates a management contract or compensatory plan or arrangement.

         (b) Reports on Form 8-K

             The Company did not file any reports on Form 8-K during the last
             quarter of the fiscal year covered by this report.

<PAGE>


                                   SIGNATURES

                  Pursuant to the requirements of Section 13 of, and Rule12b-15
under, the Securities Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned, thereunto duly authorized.

                          HUNT CORPORATION

Dated: June 30, 1999      By: \s\ Donald L. Thompson
                               ------------------------------------------------
                               Donald L. Thompson
                               Chairman, President and Chief Executive Officer


       June 30, 1999          \s\ William E. Chandler
                              -------------------------------------
                              William E. Chandler
                              Senior Vice President,
                              Finance (Principal Financial Officer)


<PAGE>

                                HUNT CORPORATION
                                  SAVINGS PLAN

                               REPORT ON AUDITS OF
                              FINANCIAL STATEMENTS
                               for the years ended
                        December 31, 1998 , 1997 and 1996
                           AND SUPPLEMENTAL SCHEDULES
                      for the year ended December 31, 1998



<PAGE>
                                HUNT CORPORATION
                                  SAVINGS PLAN

                                TABLE OF CONTENTS

                                                                         Page
                                                                         ----
Report of Independent Accountants                                          2


Financial Statements:
    Statements of Net Assets Available for Benefits, With
         Fund Information, as of December 31, 1998 and 1997               3-4

    Statements of Changes in Net Assets Available for Benefits,
         With Fund Information, for the years ended December 31,
         1998, 1997 and 1996                                              5-7

    Notes to Financial Statements                                         8-16


Supplemental Schedules:
    Schedule of Assets Held for Investment Purposes as of
         December 31, 1998                                               27(a)*

    Schedule of Reportable Transactions for the year ended
         December 31, 1998                                               27(d)*






            * Refers to item numbers in Form 5500 (Annual
              Return/Report of Employee Benefit Plan) for the plan
              year ended December 31, 1998, which are incorporated
              herein by reference.

                                      PF-1

<PAGE>


                        Report of Independent Accountants

To the Administrative Committee of
   Hunt Corporation:

In our opinion, the accompanying statements of net assets available for benefits
and the related statements of changes in net assets available for benefits
present fairly, in all material respects, the net assets available for benefits
of Hunt Corporation Savings Plan (the "Plan") at December 31, 1998 and 1997, and
the changes in net assets available for benefits for the years ended December
31, 1998, 1997 and 1996 in conformity with generally accepted accounting
principles. These financial statements are the responsibility of the Plan's
management; our responsibility is to express an opinion on these financial
statements based on our audits. We conducted our audits of these statements in
accordance with generally accepted auditing standards which require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements, assessing the accounting principles used and significant estimates
made by management, and evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for the opinion expressed
above.

Our audits were conducted for the purpose of forming an opinion on the basic
financial statements taken as a whole. The supplemental schedules of assets held
for investment purposes at December 31, 1998 and reportable transactions for the
year ended December 31, 1998 are presented for the purpose of additional
analysis and are not a required part of the basic financial statements but are
supplementary information required by the Department of Labor's Rules and
Regulations for Reporting and Disclosure under the Employee Retirement Income
Security Act of 1974. The fund information in the statements of net assets
available for benefits and the statement of changes in net assets available for
benefits is presented for purposes of additional analysis rather than to present
the net assets available for plan benefits and changes in net assets available
for benefits of each fund. These supplemental schedules and fund information are
the responsibility of the Plan's management. The supplemental schedules and fund
information have been subjected to the auditing procedures applied in the audits
of the basic financial statements and, in our opinion, are fairly stated in all
material respects in relation to the basic financial statements taken as a
whole.




PricewaterhouseCoopers LLP

June 11, 1999

                                      PF-2
<PAGE>
                                HUNT CORPORATION
                                  SAVINGS PLAN

     Statement of Net Assets Available for Benefits, With Fund Information,
                             as of December 31, 1998
<TABLE>
<CAPTION>
                                                                                               Participant Directed
                                                     ------------------------------------------------------------------------------
                                                                         Capital
                                                      Balanced         Preservation         Select         Ultra           Stock
                            ASSETS                      Fund               Fund              Fund          Fund            Fund
                                                     ----------       --------------       ---------     ---------       ---------
<S>                                                 <C>               <C>               <C>              <C>             <C>
Investment, at fair value (Note 2):
 Shares of registered investment companies:
  Balanced Fund, 147,431 units at $18.470/unit
    (cost $2,556,330)                                $  2,723,049

  Benham Preservation Fund, 4,558,424 units at
    $1.000/unit (cost $4,558,424)                                     $  4,558,424

  Select Fund, 149,413 units at $47.390/unit
    (cost $6,337,915)                                                                    $  7,080,666

  Ultra Fund, 258,012 units at $33.410/unit
    (cost $6,697,479)                                                                                    $  8,620,167

  Value Fund, 201,285 units at $6.059/unit
    (cost $1,377,467)

 Hunt Corporation, 191,404 shares at $10.625/share
    (cost $3,135,487)                                                                                                   $   876,686

Participant loans (cost $0)

Receivables:
 Employer's contribution                                   -                 -                 -              -                -
 Participants' contribution                                -                 -                 -              -                -
 Interest                                                  -                21,698             -              -                -
                                                     ------------     ------------       ------------    ------------   -----------

          Total assets                                  2,723,049        4,580,122          7,080,666       8,620,167       876,686

            LIABILITIES                                    -                 -                 -              -                -
                                                     ------------     ------------       ------------    ------------   -----------

          Net assets available for benefits          $  2,723,049     $  4,580,122       $  7,080,666    $  8,620,167   $   876,686
                                                     ============     ============       ============    ============   ===========
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                                                                                      Non-
                                                                                   Participant
                                                                                    Directed
                                                       ------------------------    -----------

                                                         Value     Participant       Stock
                            ASSETS                       Fund         Loans          Fund        Total
                                                       --------   -------------    ---------   ---------
<S>                                                    <C>        <C>              <C>         <C>
Investment, at fair value (Note 2):
 Shares of registered investment companies:
  Balanced Fund, 147,431 units at $18.470/unit
    (cost $2,556,330)                                                                         $  2,723,049

  Benham Preservation Fund, 4,558,424 units at
    $1.000/unit (cost $4,558,424)                                                                4,558,424

  Select Fund, 149,413 units at $47.390/unit
    (cost $6,337,915)                                                                            7,080,666

  Ultra Fund, 258,012 units at $33.410/unit
    (cost $6,697,479)                                                                            8,620,167

  Value Fund, 201,285 units at $6.059/unit
    (cost $1,377,467)                                $  1,219,590                                1,219,590

 Hunt Corporation, 191,404 shares at $10.625/share
  (cost $3,135,487)                                                              $ 1,156,977     2,033,663

Participant loans (cost $0)                                         $  897,610                     897,610

Receivables:
 Employer's contribution                                    -            -             -            -
 Participants' contribution                                 -            -             -            -
 Interest                                                   -            -             -            21,698
                                                     ------------   ----------   -----------  ------------

          Total assets                                  1,219,590      897,610     1,156,977    27,154,867

            LIABILITIES                                     -            -             -            -
                                                     ------------   ----------   -----------  ------------

          Net assets available for benefits          $  1,219,590   $  897,610   $ 1,156,977  $ 27,154,867
                                                     ============   ==========   ===========  ============
</TABLE>
    The accompanying notes are an integral part of the financial statements.

                                      PF-3
<PAGE>
                                HUNT CORPORATION
                                  SAVINGS PLAN

     Statement of Net Assets Available for Benefits, With Fund Information,
                             as of December 31, 1997
<TABLE>
<CAPTION>
                                                                                               Participant Directed
                                                     ------------------------------------------------------------------------------
                                                                         Capital
                                                      Balanced         Preservation         Select         Ultra           Stock
                            ASSETS                      Fund               Fund              Fund          Fund            Fund
                                                     ----------       --------------       ---------     ---------       ---------
<S>                                                 <C>               <C>               <C>              <C>             <C>
Investment, at fair value (Note 2):
 Shares of registered investment companies:
  Balanced Fund, 153,903 units at $18.140/unit
   (cost $2,589,907)                                $  2,791,796

  Benham Preservation Fund, 5,305,848 units at
   $1.00/unit (cost $5,305,848)                                       $  5,305,848

  Select Fund, 134,815 units at $42.590/unit
   (cost $5,426,061)                                                                     $  5,741,759

  Ultra Fund, 269,805units at $27.300/unit
   (cost $$6,545,871)                                                                                   $  7,365,694

  Value Fund, 219,271 units at $6.950/unit
   (cost $3,634,902)

 Hunt Corporation, 219,271 shares at $23.688/share
  (cost $3,634,902)                                                                                                    $  2,057,648

Participant loans (cost $0)


Receivables:
 Employer's contribution                                   2,570             5,535              5,766          6,135          1,708
 Participants' contribution                               45,331            26,685             34,175         43,946         15,174
 Interest                                                                   24,583             -
                                                   -------------      ------------       ------------   ------------   ------------

         Total assets                                  2,839,697         5,362,651          5,781,700      7,415,775      2,074,530

           LIABILITIES                                    -                    -               -              -              -
                                                   -------------      ------------       ------------   ------------   ------------

         Net assets available for benefits         $   2,839,697      $  5,362,651       $  5,781,700   $  7,415,775   $  2,074,530
                                                   =============      ============       ============   ============   ============

</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                                                      Non-
                                                                                   Participant
                                                                                    Directed
                                                       ------------------------    -----------

                                                         Value     Participant       Stock
                            ASSETS                       Fund         Loans          Fund        Total
                                                       --------   -------------    ---------   ---------
<S>                                                    <C>         <C>             <C>         <C>
Investment, at fair value (Note 2):
 Shares of registered investment companies:
  Balanced Fund, 153,903 units at $18.140/unit
   (cost $2,589,907)                                                                          $  2,791,796

  Benham Preservation Fund, 5,305,848 units at
   $1.00/unit (cost $5,305,848)                                                                  5,305,848

  Select Fund, 134,815 units at $42.590/unit
   (cost $5,426,061)                                                                             5,741,759

  Ultra Fund, 269,805units at $27.300/unit
   (cost $$6,545,871)                                                                            7,365,694

  Value Fund, 219,271 units at $6.950/unit
   (cost $3,634,902)                                $  1,303,177                                 1,303,177

 Hunt Corporation, 219,271 shares at $23.688/share
  (cost $3,634,902)                                                             $  3,210,301     5,267,949

Participant loans (cost $0)
                                                                   $   952,944                     952,944

Receivables:
 Employer's contribution                                   1,061                                    22,775
 Participants' contribution                               11,191                                   176,502
 Interest                                                                                           24,583
                                                    ------------   -----------   -----------  ------------

         Total assets                                  1,315,429       952,944     3,210,301    28,953,027

           LIABILITIES                                    -             -            -              -
                                                    ------------   -----------   -----------  ------------

         Net assets available for benefits          $  1,315,429   $   952,944   $ 3,210,301  $ 28,953,027
                                                    ============   ===========   ===========  ============
</TABLE>
    The accompanying notes are an integral part of the financial statements.

                                      PF-4
<PAGE>
                                HUNT CORPORATION
                                  SAVINGS PLAN

      Statement of Changes in Net Assets Available for Benefits, With Fund
               Information, for the year ended December 31, 1998
<TABLE>
<CAPTION>
                                                                                               Participant Directed
                                                     ------------------------------------------------------------------------------
                                                                         Capital
                                                      Balanced         Preservation         Select         Ultra           Stock
                         ADDITIONS                      Fund               Fund              Fund          Fund            Fund
                                                     ----------       --------------       ---------     ---------       ---------
<S>                                                 <C>               <C>               <C>              <C>             <C>
Additions to net assets attributed to:
 Investment income:
  Net appreciation (depreciation) in fair
   value of assets                                  $    64,562        $     5,134        $   682,241   $ 1,614,166      $ (830,882)
  Dividends                                             337,976             -               1,233,557       746,521          31,632
  Interest                                               -                 264,710              -            -                -

 Contributions:
  Participants'                                         206,364            366,866            438,287       611,462         147,246
  Employer's                                             38,595             55,359             83,017       108,466          24,991
                                                    -----------        -----------        -----------   -----------      ----------

     Total additions                                    647,497            692,069          2,437,102     3,080,615        (627,013)
                                                    -----------        -----------        -----------   -----------      ----------

                         DEDUCTIONS

Deductions from net assets attributed to:
 Benefits paid to participants                         (668,076)        (1,668,181)        (1,350,394)   (1,619,349)     (1,073,782)
 Management fees                                         (1,365)            (3,399)            (2,010)         (857)         (1,117)
                                                    -----------        -----------        -----------   -----------      ----------

     Total deductions                                  (669,441)        (1,671,580)        (1,352,404)   (1,620,206)     (1,074,899)
                                                    -----------        -----------        -----------   -----------      ----------

Net increase (decrease) prior to interfund
 transfers                                              (21,944)          (979,511)         1,084,698     1,460,409      (1,701,912)

Interfund transfers                                     (94,704)           196,982            214,268      (256,017)        501,834
                                                    -----------        -----------        -----------   -----------      ----------

     Net increase (decrease)                           (116,648)          (782,529)         1,298,966     1,204,392      (1,200,078)

Net assets available for benefits:
 Beginning of year                                    2,839,697          5,362,651          5,781,700     7,415,775       2,074,530
                                                    -----------        -----------        -----------   -----------      ----------

 End of year                                        $ 2,723,049        $ 4,580,122        $ 7,080,666   $ 8,620,167      $  874,452
                                                    ===========        ===========        ===========   ===========      ==========

</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                                                                                      Non-
                                                                                   Participant
                                                                                    Directed
                                                       ------------------------    -----------

                                                         Value     Participant       Stock
                          ADDITIONS                      Fund         Loans          Fund        Total
                                                       --------   -------------    ---------   ---------
<S>                                                  <C>          <C>            <C>          <C>
Additions to net assets attributed to:
 Investment income:
  Net appreciation (depreciation) in fair
   value of assets                                   $  (162,685)       -        $(1,502,507)  $  (129,971)
  Dividends                                              214,628        -             51,620     2,615,934
  Interest                                                -        $   101,191        -            365,901

 Contributions:
  Participants'                                          105,669        -             -          1,875,894
  Employer's                                              19,129        -            288,212       617,769
                                                     -----------   -----------   -----------   -----------

     Total additions                                     176,741       101,191    (1,162,675)    5,345,527
                                                     -----------   -----------   -----------   -----------

                         DEDUCTIONS

Deductions from net assets attributed to:
 Benefits paid to participants                          (490,888)     (227,689)      (36,336)   (7,134,695)
 Management fees                                            (244)       -             -             (8,992)
                                                     -----------   -----------   -----------   -----------

     Total deductions                                   (491,132)     (227,689)      (36,336)   (7,143,687)
                                                     -----------   -----------   -----------   -----------

Net increase (decrease) prior to interfund
 transfers                                              (314,391)     (126,498)   (1,199,011)   (1,798,160)

Interfund transfers                                      218,552        73,398      (854,313)       -
                                                     -----------   -----------   -----------   -----------

     Net increase (decrease)                             (95,839)      (53,100)   (2,053,324)   (1,798,160)

Net assets available for benefits:
 Beginning of year                                     1,315,429       952,944     3,210,301    28,953,027
                                                     -----------   -----------   -----------   -----------
 End of year                                         $ 1,219,590   $   899,844   $ 1,156,977   $27,154,867
                                                     ===========   ===========   ===========   ===========
</TABLE>
    The accompanying notes are an integral part of the financial statements.

                                      PF-5
<PAGE>


                                HUNT CORPORATION
                                  SAVINGS PLAN

           Statement of Changes in Net Assets Available for Benefits,
          With Fund Information, for the year ended December 31, 1997


<TABLE>
<CAPTION>
                                                                                        Participant Directed
                                                               ---------------------------------------------------------------------
                                                                                    Capital
                                                                Balanced         Preservation           Select              Ultra
                       ADDITIONS                                  Fund               Fund                Fund               Fund
                                                               ----------        ------------         ----------         ----------
<S>                                                                <C>               <C>                  <C>                <C>
Additions to net assets attributed to:
  Investment income:
    Net appreciation (depreciation) in fair value of assets    $  122,317                             $  505,584         $   59,934
    Dividends                                                     278,471                                914,669          1,442,588
    Interest                                                                      $  291,796

  Contributions:
    Participants'                                                 296,129            502,113             518,697            711,562
    Employer's                                                     48,269             95,575              98,946            120,882
                                                               ----------         ----------          ----------         ----------

               Total additions                                    745,186            889,484           2,037,896          2,334,966
                                                               ----------         ----------          ----------         ----------

                       DEDUCTIONS

Deductions from net assets attributed to:
    Benefits paid to participants                                (361,092)          (720,562)           (654,716)        (1,000,899)
    Management fees                                                (1,626)            (4,647)             (2,363)              (957)
                                                               ----------         ----------          ----------         ----------

               Total deductions                                  (362,718)          (725,209)           (657,079)        (1,001,856)
                                                               ----------         ----------          ----------         ----------

Net increase/(decrease) prior to interfund transfers              382,468            164,275           1,380,817          1,333,110

Interfund transfers                                                   343           (434,761)            (50,066)          (422,557)
                                                               ----------         ----------          ----------         ----------

               Net increase (decrease)                            382,811           (270,486)          1,330,751            910,553

Net assets available for benefits:
    Beginning of year                                           2,456,886          5,633,137           4,450,949          6,505,222
                                                               ----------         ----------          ----------         ----------

    End of year                                                $2,839,697         $5,362,651          $5,781,700         $7,415,775
                                                               ==========         ==========          ==========         ==========


</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                                                  Participant Directed
                                                               --------------------------------------------------
                                                                                    Capital
                                                                  Stock              Value            Participant
                       ADDITIONS                                  Fund               Fund                Loans
                                                               ----------         ----------          -----------
<S>                                                               <C>                 <C>                 <C>
Additions to net assets attributed to:
  Investment income:
    Net appreciation (depreciation) in fair value of assets    $  462,511         $  (30,986)
    Dividends                                                      30,051            246,160
    Interest                                                                                            $ 66,896

  Contributions:
    Participants'                                                 212,460            147,207
    Employer's                                                     31,594             22,527
                                                               ----------         ----------            --------

               Total additions                                    736,616            384,908              66,896
                                                               ----------         ----------            --------

                       DEDUCTIONS

Deductions from net assets attributed to:
    Benefits paid to participants                                (183,480)          (378,668)            (92,423)
    Management fees                                                  (283)              (230)
                                                               ----------         ----------            --------

               Total deductions                                  (183,763)          (378,898)            (92,423)
                                                               ----------         ----------             -------

Net increase/(decrease) prior to interfund transfers              552,853              6,010             (25,527)

Interfund transfers                                               219,970            480,259             219,672
                                                               ----------         ----------            --------

               Net increase (decrease)                            772,823            486,269             194,145

Net assets available for benefits:
    Beginning of year                                           1,301,707            829,160             758,799
                                                               ----------         ----------            --------

    End of year                                                $2,074,530         $1,315,429            $952,944
                                                               ==========         ==========            ========

</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                                                   Non-
                                                               Participant
                                                                Directed
                                                                ----------

                                                                   Stock
                       ADDITIONS                                   Fund              Total
                                                                ----------        -----------
<S>                                                               <C>                 <C>
Additions to net assets attributed to:
  Investment income:
    Net appreciation (depreciation) in fair value of assets    $  783,294         $ 1,902,654
    Dividends                                                      52,334           2,964,273
    Interest                                                                          358,692

  Contributions:
    Participants'                                                                   2,388,168
    Employer's                                                    473,239             891,032
                                                               ----------         -----------

               Total additions                                  1,308,867           8,504,819
                                                               ----------         -----------

                       DEDUCTIONS

Deductions from net assets attributed to:
    Benefits paid to participants                                (395,022)         (3,786,862)
    Management fees                                                                   (10,106)
                                                               ----------         -----------

               Total deductions                                  (395,022)         (3,796,968)
                                                               ----------         -----------

Net increase/(decrease) prior to interfund transfers              913,845           4,707,851

Interfund transfers                                               (12,860)                 --
                                                               ----------         -----------

               Net increase (decrease)                            900,985           4,707,851

Net assets available for benefits:
    Beginning of year                                           2,309,316          24,245,176
                                                               ----------         -----------

    End of year                                                $3,210,301         $28,953,027
                                                               ==========         ===========

</TABLE>
    The accompanying notes are an integral part of the financial statements.

                                      PF-6
<PAGE>


                                HUNT CORPORATION
                                  SAVINGS PLAN

           Statement of Changes in Net Assets Available for Benefits,
          With Fund Information, for the year ended December 31, 1996


<TABLE>
<CAPTION>
                                                                                        Participant Directed
                                                               ---------------------------------------------------------------------
                                                                                    Capital
                                                                Balanced         Preservation           Select              Ultra
                       ADDITIONS                                  Fund               Fund                Fund               Fund
                                                               ----------        ------------         ----------         ----------
<S>                                                                <C>               <C>                  <C>                <C>
Additions to net assets attributed to:
  Investment income:
    Net appreciation (depreciation) in fair value of assets    $   38,417                             $  259,550          $  425,387
    Dividends                                                     243,264                                414,217             365,455
    Interest                                                                      $  293,843

  Contributions:
    Participants'                                                 288,073            610,051             527,514             722,649
    Employer's                                                     55,277            112,245             102,183             127,966
                                                               ----------         ----------          ----------          ----------

               Total additions                                    625,031          1,016,139           1,303,464           1,641,457
                                                               ----------         ----------          ----------          ----------

                       DEDUCTIONS

Deductions from net assets attributed to:
    Benefits paid to participants                                (154,442)          (333,615)           (227,279)           (339,940
    Management fees                                                (1,448)            (3,707)             (2,253)             (1,376
                                                               ----------         ----------          ----------          ----------

               Total deductions                                  (155,890)          (337,322)           (229,532)           (341,316
                                                               ----------         ----------          ----------          ----------

Net increase prior to interfund transfers                         469,141            678,817           1,073,932           1,300,141

Interfund transfers                                              (311,766)            97,833             (13,469)             63,015
                                                               ----------         ----------          ----------          ----------

               Net increase                                       157,375            776,650           1,060,463           1,363,156

Net assets available for benefits:
    Beginning of year                                           2,299,511          4,856,487           3,390,486           5,142,066
                                                               ----------         ----------          ----------          ----------

    End of year                                                $2,456,886         $5,633,137          $4,450,949          $6,505,222
                                                               ==========         ==========          ==========          ==========

</TABLE>

<PAGE>

<TABLE>
<CAPTION>

                                                                                  Participant Directed
                                                               --------------------------------------------------
                                                                                    Capital
                                                                  Stock              Value            Participant
                       ADDITIONS                                  Fund               Fund                Loans
                                                               ----------         ----------          -----------
<S>                                                               <C>                 <C>                 <C>
Additions to net assets attributed to:
  Investment income:
    Net appreciation (depreciation) in fair value of assets    $  102,310           $ 44,423
    Dividends                                                      27,573             77,595
    Interest                                                                                            $ 60,452

  Contributions:
    Participants'                                                 168,883            109,017
    Employer's                                                     29,106             14,432
                                                               ----------           --------            --------

               Total additions                                    327,872            245,467              60,452
                                                               ----------           --------            --------

                       DEDUCTIONS

Deductions from net assets attributed to:
    Benefits paid to participants                                 (76,545)           (16,852)            (21,126)
    Management fees                                                  (120)              (110)
                                                               ----------           --------            --------

               Total deductions                                   (76,665)           (16,962)            (21,126)
                                                               ----------           --------            --------

Net increase prior to interfund transfers                         251,207            228,505              39,326

Interfund transfers                                              (130,291)           372,614             101,370
                                                               ----------           --------            --------

               Net increase                                       120,916            601,119             140,696

Net assets available for benefits:
    Beginning of year                                           1,180,791            228,041             618,103
                                                               ----------           --------            --------

    End of year                                                $1,301,707           $829,160            $758,799
                                                               ==========           ========            ========

</TABLE>

<PAGE>

<TABLE>
<CAPTION>

                                                                   Non-
                                                               Participant
                                                                Directed
                                                                ----------

                                                                   Stock
                       ADDITIONS                                   Fund              Total
                                                                ----------        -----------
<S>                                                               <C>                 <C>
Additions to net assets attributed to:
  Investment income:
    Net appreciation (depreciation) in fair value of assets    $  100,806         $   970,893
    Dividends                                                      47,202           1,175,306
    Interest                                                                          354,295

  Contributions:
    Participants'                                                                   2,426,187
    Employer's                                                    358,272             799,481
                                                               ----------         -----------

               Total additions                                    506,280           5,726,162
                                                               ----------         -----------

                       DEDUCTIONS

Deductions from net assets attributed to:
    Benefits paid to participants                                 (98,927)         (1,268,726)
    Management fees                                                                    (9,014)
                                                               ----------         -----------

               Total deductions                                   (98,927)         (1,277,740)
                                                               ----------         -----------

Net increase prior to interfund transfers                         407,353           4,448,422

Interfund transfers                                              (179,306)                 --
                                                               ----------         -----------

               Net increase                                       228,047           4,448,422

Net assets available for benefits:
    Beginning of year                                           2,081,269          19,796,754
                                                               ----------         -----------

    End of year                                                $2,309,316         $24,245,176
                                                               ==========         ===========
</TABLE>

    The accompanying notes are an integral part of the financial statements.

                                      PF-7
<PAGE>


                                HUNT CORPORATION
                                  SAVINGS PLAN

                          Notes to Financial Statements


1. Description of Plan:

   The following description of the Hunt Corporation Savings Plan (the Plan)
   provides only general information. Participants should refer to the Plan
   agreement for a more complete description of the Plan's provisions.

         General:

   The Plan is a defined contribution plan which provides individual accounts
   for each participant. The Plan is designed to comply with the requirements of
   the Employee Retirement Income Security Act of 1974, as amended (ERISA) and
   with the requirements of Sections 401(a) and 401(k) of the Internal Revenue
   Code of 1986, as amended (Code).

         Eligibility and Participation:

   Generally, all active associates (i.e. employees including officers) of Hunt
   Corporation (the Company) and of any other participating company are eligible
   to participate in the Plan upon meeting the applicable service requirements.
   Leased employees, non-resident aliens, persons classified as independent
   contractors and associates who are covered by a collective bargaining
   agreement to which the Company or any participating company is a party
   (unless the collective bargaining agreement specifically otherwise provides)
   are not eligible to participate in the Plan. Associates who work in
   full-time, temporary positions as part of an undergraduate or graduate degree
   program, college students enrolled in a degree program or high school
   graduates matriculating in a degree program who assume temporary employment
   with a participating company during the summer months, and associates who are
   hired for a specific length of time of no more than 18 consecutive months are
   eligible to participate in the Plan, but only if such associates complete a
   minimum of 1,000 hours of service during the plan year.

   Eligible associates who have completed at least one year of service, as of
   any January 1, April 1, July 1, or October 1 are eligible to participate in
   the Associate Pre-Tax Contribution and Matching Contribution portions of the
   Plan (Hunt Graphics bargaining unit employees are eligible to participate on
   the January 1, April 1, July 1, or October 1 nearest the date on which they
   complete a year of service.). Eligible associates (other than Hunt Graphics
   bargaining unit employees) who have completed at least two consecutive years
   of service, as of any December 1, are eligible for participation in the Basic
   Contribution portion of the Plan provided such eligible associate is employed
   by a participating company on December 1 of the plan year for which the Basic
   Contribution is being made.



                                      PF-8
<PAGE>


                    Notes to Financial Statements, Continued


1. Description of Plan, continued:

         Contributions:

   Contributions to the Plan are made by the Company and other participating
   companies on their own behalf, and in the case of Associate Pre-Tax
   Contributions, on behalf of the participants whose salaries have been
   reduced. Subject to the limitations of the Plan and the Code, participants
   may authorize the Company and other participating companies to withhold each
   year up to 15% (10% for Hunt Graphics bargaining unit employees) of their
   annual pre-tax compensation (i.e., compensation excluding special bonuses,
   severance payments, payments for unused vacation days upon termination of
   employment, and taxable employee benefits of any kind but including Associate
   Pre-Tax Contributions and participant salary reduction contributions to a
   cafeteria plan under Section 125 of the Code), excluding retention bonuses
   for Associate Pre-Tax Contributions to the Plan. Participants also may
   authorize the Company and other participating companies to withhold a portion
   of any retention bonus included in their annual pre-tax compensation for
   Associates Pre-Tax Contributions. A Participant's total Associate Pre-Tax
   Contributions for a year may not exceed a Code limit adjusted annually for
   inflation ($10,000 for 1998 and $9,500 for 1997). The Company and other
   participating companies, in turn, will make Matching Contributions on behalf
   of participants equal to $.25 for each $1.00 of Associate Pre-Tax
   Contributions up to 6% of the participant's pre-tax compensation for each
   year subject to the limitations of the Plan and the Code. (Matching
   Contributions will be made on behalf of Hunt Graphics bargaining unit
   employees equal to $.50 for each $1.00 of Associate Pre-Tax Contributions to
   the extent such Associate Pre-Tax Contributions do not exceed 3% of the
   participant's pre-tax compensation for each year, subject to the limitations
   of the Plan and the Code.)

   The Company and other participating companies also may make an annual Basic
   Contribution of up to 1% of the base rate of pay (90% of the annual
   compensation of salesmen, 100% of the annual compensation for other
   associates) on behalf of eligible associates whether or not such associates
   make contributions to the Plan. (Basic Contributions are not available to
   Hunt Graphics bargaining unit employees. The associate's annual compensation
   is generally determined as of June 1 of any plan year, excluding overtime,
   bonuses, cash awards and stock awards under the Company's Phantom Stock Plan,
   and taxable employee benefits of any kind but including Associate Pre-Tax
   Contributions and participant salary reduction contributions to a cafeteria
   plan under Section 125 of the Code. Such Basic Contributions can only be
   invested in the Stock Fund and are not transferable to other funds. In order
   to receive a Basic Contribution for a given plan year, a participant must be
   employed by a participating company on December 1 of such plan year.

   In no event may the annual compensation of any participant taken into account
   under the Plan (i.e., for purposes of Associate Pre-Tax Contributions,
   Matching Contributions and Basic Contributions) exceed a Code limit adjusted
   annually for inflation ($150,000 for 1996, $160,000 for 1997 and 1998).

   Associate Pre-Tax Contributions are contributed to the Plan no later than the
   15th business day of the month following the month in which such amounts
   would otherwise have been payable in cash, and Matching Contributions and
   Basic Contributions are contributed to the Plan no later than the due date,
   including any extensions, for the filing of the Company's


                                      PF-9
<PAGE>


                    Notes to Financial Statements, Continued


1. Description of Plan, continued:

         Contributions, continued:

   federal tax return for the taxable year which ends with or within the plan
   year for which such contributions are being made. Participants may also make
   rollover contributions to the Plan of qualifying distributions from other
   qualified plans.

         Vesting:

   A participant's Associate Pre-Tax Contributions (adjusted for earnings and
   losses) and Basic Contributions (adjusted for earnings and losses) are always
   100% vested and nonforfeitable.

   If, while in the service of the Company or any other participating company, a
   participant attains age 65, becomes permanently and totally disabled, or
   dies, the full value of the Matching Contributions (adjusted for earnings and
   losses) allocated to such participant's accounts becomes vested in the
   participant (or in such participant's successor in the event of death) and is
   nonforfeitable. Prior to the occurrence of such an event, the value of the
   Matching Contributions (adjusted for earnings and losses) will vest in a
   participant, based on such participant's years of service for vesting (years
   in which a participant completes 1,000 or more hours of service commencing
   with the date of hire, or in the case of Hunt Graphics bargaining unit
   employees, the calendar year), as indicated in the following table:

         Less than 1 year                           0%
         1 year                                    20%
         2 years                                   40%
         3 years                                   60%
         4 years                                   80%
         5 years or more                          100%

   If a participant terminates employment for reasons other than death, total
   disability or retirement at or after age 65, and if the participant is not
   fully vested and the present value of his or her vested account balance does
   not exceed $5,000, or if it does exceed $5,000, his or her vested account
   balance is distributed to such separated participant at his or her request,
   the participant forfeits the nonvested balance in his or her account upon
   distribution of his or her entire vested account balance. In such case, if
   the participant is re-employed, he or she may repay the amount distributed to
   him or her before he or she incurs five consecutive one-year breaks in
   service, and his or her account will be restored. If the terminated
   participant's vested account balance exceeds $5,000 and such participant does
   not consent to the immediate distribution of his or her vested account
   balance, the participant forfeits the nonvested balance upon his or her
   incurring five consecutive one-year breaks in service.


                                     PF-10
<PAGE>


                    Notes to Financial Statements, Continued


1. Description of Plan, continued:

         Withdrawals and Distributions:

   Distributions are made according to the vested interest to which participants
   are entitled upon retirement, termination, death or disability. The
   participant's vested interest will be distributed in one lump sum payment, in
   cash, unless the participant elects to receive that portion invested in the
   Stock Fund in whole shares of common stock or in any combination of stock and
   cash. A participant may also withdraw any portion of his or her vested
   account balances after he or she attains age 59-1/2, subject to certain
   administrative restrictions. Otherwise, withdrawals before termination of
   employment are allowed only in cases of hardship as determined in accordance
   with the terms of the Plan.

         Disposition of Forfeitures:

   Forfeitures of Matching Contributions resulting from the termination of
   participants with less than fully vested rights under the Plan shall be
   applied to reduce Employer's Contributions to the Plan. At December 31, 1998
   and 1997, there were $7,628 and $7,216, respectively, of unallocated
   forfeitures.

         Plan Amendment and Termination:

   Although it has not expressed any intent to do so, the Company has the right
   under the Plan to discontinue its contributions at any time and to terminate
   the Plan. In the event of Plan termination, the net assets of the Plan will
   be distributed to Plan participants and beneficiaries in proportion to their
   respective account balances which will be fully vested as a result of such
   termination. The Company may also amend the Plan at any time, subject to
   certain restrictions.


2. Summary of Significant Accounting Policies:

         Basis of Accounting:

   The accompanying financial statements are prepared on the accrual method of
   accounting.


                                     PF-11
<PAGE>

                    Notes to Financial Statements, Continued


2. Summary of Significant Accounting Policies, continued:

         Investment Valuation:

   The common stock of Hunt Corporation is stated at fair value, which
   represents the closing price of the stock as listed on the New York Stock
   Exchange on the last trading day of the plan year. Investments in the
   American Century Investors, Inc., Balanced, Capital Preservation, Select,
   Ultra and Value funds are stated at the unit value published as of the end of
   the plan year.

         Investment Income:

   Dividend income is recorded on the ex-dividend date. Income from other
   investments is recorded as earned on the accrual basis.

   Purchases and sales of securities are reflected on a trade-date basis. Gain
   or loss on sales of securities is based on average cost.

   The Plan presents in the statements of changes in net assets available for
   benefits the net appreciation (depreciation) in the fair market value of its
   investments which consists of the realized gains or losses and the unrealized
   appreciation (depreciation) on the Plan's investments.

         Plan Expenses:

   Management fees are paid by the Plan. Brokerage fees relating to purchases
   within the Stock Fund are paid from the account of the participant to which
   such purchases relate. All additional administrative fees are paid by the
   Company.

         Payment of Benefits:

   Benefits are recorded when paid.

         Use of Estimates:

   The preparation of financial statements in conformity with generally accepted
   accounting principles requires management to make significant estimates and
   assumptions that affect the reported amounts of assets and liabilities and
   changes therein, and disclosure of contingent assets and liabilities at the
   date of the financial statements and the reported amounts of revenue and
   expenses during the reporting period. Actual results could differ from those
   estimates.



                                     PF-12
<PAGE>


                    Notes to Financial Statements, Continued


 2.      Summary of Significant Accounting Policies, continued:

                  Risks and Uncertainties:

   The Plan provides for various investment options in any combination of
   stocks, bonds, fixed income securities, mutual funds, and other investment
   securities. Investment securities are exposed to various risks, such as
   interest rate, market and credit. Due to the level of risk associated with
   certain investment securities and the level of uncertainty related to changes
   in the value of investment securities, it is at least reasonably possible
   that changes in risks in the near term would materially affect participants'
   account balances and the amounts reported in the statement of net assets
   available for benefits and the statement of changes in net assets available
   for benefits.


 3.      Investment Program:

   Contributions to the Plan are invested, as directed by the participants
   (except for Basic Contributions which are invested in the Non-Participant
   Directed Stock Fund), in the following funds as described below:

   (1)  Balanced Fund - a fund that uses common stocks and fixed income
        securities to provide growth opportunities as well as income. The Fund
        has approximately 60% of its assets in growth stocks and the remainder
        in fixed income securities. The fixed income portion of the fund is
        invested in a diversified portfolio of investment-grade bonds with an
        average weighted portfolio maturity of three to ten years.

   (2)  Capital Preservation Trust Fund - is a fixed income fund consisting of
        the Benham Preservation Fund which invests primarily in guaranteed
        investment contracts issued by major financial institutions including
        banks and life insurance companies.

        The Capital Preservation Trust Fund is a conservative fixed income fund
        in which principal is protected from market volatility. By investing in
        the Benham Preservation Fund, the Capital Preservation Trust Fund
        attempts to provide yields that are higher than money market funds and
        certificates of deposit, as well as to provide a relatively predictable
        annual return. The annual interest rates are as follows:

                                                             Net Effective
             Time of Deposit                             Annual Interest Rate
             ---------------                             --------------------
       Funds deposited during 1998                Principally 5.81% through 1999

       Funds deposited during 1997                Principally 5.54% through 1998

       Funds deposited during 1996                Principally 6.02% through 1997



                                     PF-13
<PAGE>

                    Notes to Financial Statements, Continued


3. Investment Program, continued:

   (3)  Select Fund - a fund that invests only in stocks that pay dividends.
        Securities are chosen primarily for their growth potential, however, and
        return from investment income may not be significant.

   (4)  Ultra Fund - a fund that seeks capital growth over time by investing in
        companies with accelerating growth trends.

   (5)  Value Fund - a fund that seeks long-term capital growth by investing in
        securities of well established companies that are believed to be
        undervalued at the time of purchase.

   (6)  Stock Fund - a fund consisting of common stock of Hunt Corporation
        purchased in the open market, or directly from the Company. (This fund
        is not available to certain officers or directors, except with respect
        to Basic Contributions.)

   There were 1,222 and 1,129 Plan participants at December 31, 1998 and 1997,
   respectively, who participated in one or more of the investment funds. At
   December 31, 1998 and 1997, the number of participants selecting each of the
   investment funds for their contributions was as follows:

                                                              1998          1997
                                                             -----         -----
       Stock Fund                                            1,107         1,019
       Select Fund                                             504           657
       Ultra Fund                                              496           652
       Capital Preservation Trust Fund                         434           571
       Balanced Fund                                           281           387
       Value Fund                                              128           150


4. Participant Loans:

   Participants may borrow from their fund accounts a minimum of $1,000 and up
   to a maximum equal to the lesser of $50,000 or 50 percent of their vested
   account balance. Loan transactions are treated as a transfer to (from) the
   investment fund from (to) the Participant Loans Fund.

   The period of repayment may not exceed five years (except in the case of a
   loan to a Hunt Graphics bargaining unit employee for the purpose of acquiring
   a principal residence). Loans are required to be repaid through payroll
   deductions in equal periodic installments of principal and interest. Loans
   are required to be collateralized by an assignment of a portion of the
   participant's interest in his or her account equal to the principal amount of
   the loan, and supported by the participant's collateralized promissory note.
   The interest rate on a loan is one percentage point (two percentage points
   for Hunt Graphics bargaining unit employees) above the prime rate as
   published in The Wall Street Journal on the first business day of the month
   in which the loan is made. Participant loans mature from August 12, 1999 to
   January 22, 2004 and bear interest at 8.75% to 9.50% at December 31, 1998.


                                     PF-14
<PAGE>



                    Notes to Financial Statements, Continued


5. Reconciliation of Financial Statements to Form 5500:

   The following is a reconciliation of net assets available for benefits per
   the financial statements to the Form 5500 for the years ended December 31,
   1998 and 1997:

<TABLE>
<CAPTION>
                                                                                 1998              1997
                                                                                 ----              ----
<S>                                                                              <C>               <C>
   Net assets available for benefits per the financial statements            $27,154,867       $28,953,027
   Amounts allocated to withdrawing participants                                      --        (3,090,034)
                                                                             -----------       -----------

   Net assets available for benefits per the Form 5500                       $27,154,867       $25,862,993
                                                                             ===========       ===========
</TABLE>

   The following is a reconciliation of benefits paid to participants per the
   financial statements to the Form 5500 for the years ended December 31, 1998
   and 1997:

<TABLE>
<CAPTION>
                                                                                 1998              1997
                                                                                 ----              ----
<S>                                                                              <C>               <C>
   Benefits paid to participants per the financial statements                $ 7,134,695       $ 3,786,862
   Add: Amounts allocated to withdrawing participants at
          end of year                                                                 --         3,090,034
   Less: Amounts allocated to withdrawing participants at
          beginning of year                                                   (3,090,034)         (312,164)
                                                                             -----------       -----------

   Benefits paid to participants per the Form 5500                           $ 4,044,661       $ 6,564,732
                                                                             ===========       ===========
</TABLE>

   Amounts allocated to withdrawing participants are recorded on the Form 5500
   for benefit claims that have been processed and approved for payment prior to
   December 31 but not yet paid as of that date.


6. Tax Status:

   The Internal Revenue Service has determined and informed the Company by a
   letter dated October 27, 1995, that the Plan and related trust are designed
   in accordance with applicable sections of the Internal Revenue Code (IRC).
   The Plan has been amended since receiving the determination letter. However,
   the Plan administrator believes that the Plan is designed and is currently
   being operated in compliance with the applicable requirements of the IRC.
   Therefore, no provision for income taxes has been included in the Plan's
   financial statements.


                                     PF-15
<PAGE>


                    Notes to Financial Statements, Continued


7. Related Party Transactions:

   American Century Investors, Inc. is the recordkeeper and manager of the
   Plan's investments and as such, is a party-in-interest of the Plan.

   The Plan is interpreted, administered and operated by an Administrative
   Committee comprised entirely of executives of the Company.

   The Hunt Corporation stock is actively traded on the open market. Purchases
   of the Company's stock are conducted by American Century Investors, Inc.
   During 1998, there were purchases totaling $2,521,225.



                                     PF-16
<PAGE>




                                                                      Item 27(a)

                                HUNT CORPORATION
                                  SAVINGS PLAN

                 Schedule of Assets Held for Investment Purposes
                             as of December 31, 1998


<TABLE>
<CAPTION>
                                           Description of Investment
                                           -------------------------
                                                                                               Fair
        Identity of Issuer                   Shares         Type                 Cost          Value
        ------------------                 ---------    ------------         -----------    -----------
<S>                                          <C>           <C>                    <C>           <C>
Hunt Corporation*                            191,404    Common Stock         $ 3,135,487    $ 2,033,663

American Century Investors Funds*:
  Balanced Funds                             147,431    Mutual Fund            2,556,330      2,723,049
  Benham Preservation Fund                 4,558,424    Mutual Fund            4,558,424      4,558,424
  Select Fund                                149,413    Mutual Fund            6,337,915      7,080,666
  Ultra Fund                                 258,012    Mutual Fund            6,697,479      8,620,167
  Value Fund                                 201,285    Mutual Fund            1,377,467      1,219,590

Participant Loans*                         Participant loans with interest
                                            rates from 8.75% to 9.50%            897,610        897,610
                                                                             -----------    -----------

                                                   Total investments         $25,560,712    $27,133,169
                                                                             ===========    ===========
</TABLE>

*Party-in-interest



<PAGE>


                                                                      Item 27(d)

                                HUNT CORPORATION
                                  SAVINGS PLAN

                       Schedule of Reportable Transactions
                      for the year ended December 31, 1998


<TABLE>
<CAPTION>
                                                             Number of        Purchase          Selling
                     Description of Security               Transactions         Price            Price
                     -----------------------               ------------     -----------       -----------
<S>                                                             <C>              <C>             <C>
American Century Investors - Benham Preservation Fund:*
  Purchases                                                       83        $ 1,987,584
  Sales                                                          101                          $ 2,735,011

American Century Investors - Select Fund:*
  Purchases                                                      129          2,469,618
  Sales                                                          112                            1,812,971

American Century Investors - Ultra Fund:*
  Purchases                                                      152         12,655,752
  Sales                                                          130                           13,015,468

American Century Investors - Balanced Fund:*
  Purchases                                                      108          2,811,793
  Sales                                                           95                            2,955,390

American Century Investors - Value Fund:*
  Purchases                                                      148          9,269,647
  Sales                                                           74                            9,197,358

</TABLE>

*Party-in-interest


<TABLE>
<CAPTION>
                                                                              Net Gain
                     Description of Security                   Cost            (Loss)
                     -----------------------                   ----           --------
<S>                                                             <C>              <C>
American Century Investors - Benham Preservation Fund:*
  Purchases                                                $ 1,987,584              --
  Sales                                                      2,735,011              --

American Century Investors - Select Fund:*
  Purchases                                                  2,469,618
  Sales                                                      1,557,764        $255,207

American Century Investors - Ultra Fund:*
  Purchases                                                 12,655,752              --
  Sales                                                     12,504,145         511,323

American Century Investors - Balanced Fund:*
  Purchases                                                  2,811,793              --
  Sales                                                      2,856,059          99,331

American Century Investors - Value Fund:*
  Purchases                                                  9,269,647              --
  Sales                                                      9,209,458         (12,100)

</TABLE>

*Party-in-interest

<PAGE>


                       CONSENT OF INDEPENDENT ACCOUNTANTS




We hereby consent to the incorporation by reference in the Registration
Statements on Form S-8 (Nos. 33-6359 and 33-57103) of Hunt Corporation of our
report dated June 11, 1999 relating to the financial statements of Hunt
Corporation Savings Plan, which appears in this Form 10K-A, which is Amendment
No. 1 to Hunt Corporation's Annual Report on Form 10-K.






PricewaterhouseCoopers LLP

Philadelphia, PA
June 29, 1999