Nutter, McClennen & Fish, LLP

ATTORNEYS AT LAW

ONE INTERNATIONAL PLACE
BOSTON, MASSACHUSETTS 02110-2699
TELEPHONE: 617 439-2000         FACSIMILE 617 973-9748
CAPE COD OFFICE                 DIRECT DIAL NUMBER
HYANNIS, MASSACHUSETTS               (617) 439-23280


July 3, 1997
72556-1



VIA FACSIMILE

Linda D. Thompson
Attorney at Law
UNDISCLOSED

        Re: FDIC v. Sweeney

Dear Ms. Thompson,

        I am in receipt of the letter which you sent to me by facsimile on July 2, 1997.

        Your letter does not accurately summarize our telephone conversations on July 2, 1997 or the history of this matter.

        I will promptly convey to my client any written proposal which I receive from you.

                Very truly yours,



                Joseph F. Shea

JFS/pm
367560 1.WP6