Deals Announced in the First Half of 1995 That Cost Sellers Most in

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Buyer Seller Announced Date Deal value

1 Fleet Fin'l Group Shawmut National 2/21/95 $3,645.80

2 Nat'l Australia Bank Michigan Nat'l Corp. 2/5/95 1,517.90

3 Bank of New York Putnam Trust Co. 3/27/95 139.8

4 NBD Bancorp DeerBank Corp. 1/9/95 119.8

5 UJB Financial Bancorp New Jersey 1/19/95 88.9

6 Valley Nat'l Bancorp Lakeland First Fin'l 1/26/95 130.2

7 Hibernia Corp. Bank of St. John 1/25/95 25.9

8 Coastal Bancorp Texas Capital Bancshares 5/30/95 21.1

9 City Holding Co. First Merchants Bancorp 3/14/95 26.3

10 Peoples Heritage Fin'l Bankcore Inc. 2/22/95 20 part 2 of 2 Buyer Seller lead investment bank Fees paid to advisers

1 Fleet Fin'l Group Morgan Stanley & Co. $9,000

2 Nat'l Australia Bank Keefe, Bruyette & Woods Inc. 2,536

3 Bank of New York Brown Brothers Harriman & Co. 1,398

4 NBD Bancorp Chicago Corp. 958

5 UJB Financial Kaplan Associates 889

6 Valley Nat'l Bancorp Hopper Soliday & Co. 640

7 Hibernia Corp. Alex. Brown and Sons Inc. 452

8 Coastal Bancorp Rauscher Pierce Refsnes Inc. 400

9 City Holding Co. Baxter Fentriss & Co. 395

10 Peoples Heritage Alex. Brown & Sons Inc. 300 ===

* based on available information Source: SNL Securities, L.P., Charlottesville, VA

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