+++ Top 25 bank and thrift mergers completed in first half of 1998 (dollars in millions)

part 1 of 3

Buyer

1 First Union Corp., Charlotte, N.C.

2 NationsBank Corp., Charlotte, N.C.

3 National City Corp., Cleveland

4 Banc One Corp., Columbus, Ohio

5 First American Corp., Nashville

6 Union Planters Corp., Memphis

7 National City Corp., Cleveland

8 North Fork Bancorp, Mattituck, N.Y.

9 M&T Bank Corp., Buffalo

10 H.F. Ahmanson & Co., Irwindale, Calif.

11 Fifth Third Bancorp, Cincinnati

12 Fifth Third Bancorp, Cincinnati

13 Peoples Heritage Finl. Group

14 Star Banc Corp., Cincinnati

15 CNB Bancshares, Evansville, Ind.

16 First Midwest Bancorp, Itasca, Ill.

17 Sovereign Bancorp, Wyomissing, Pa.

18 Webster Finan'l Corp., Waterbury, Conn.

19 Bay View Capital Corp., San Mateo, Calif.

20 BB&T Corp., Winston-Salem, N.C.

21 Mercantile Bancorp, St. Louis

22 Golden St. Bancorp Inc., Glendale, Calif.

23 First Security Corp., Salt Lake City

24 United Bankshares, Fairfax, Va.

25 Marshall & Ilsley Corp., Milwaukee

part 2 of 3

Target

1 CoreStates Financial Corp., Philadelphia

2 Barnett Banks, Jacksonville, Fla.

3 First of America Bank Corp., Kalamazoo, Mich.

4 First Commerce Corp., New Orleans

5 Deposit Guaranty Corp., Jackson, Miss.

6 Magna Group Inc., St. Louis

7 Fort Wayne National Corp., Ind.

8 New York Bancorp, Douglaston

9 OnBancorp Inc., Syracuse

10 Coast Savings Financial, Los Angeles

11 State Savings Company, Columbus, Ohio

12 CitFed Bancorp, Dayton, Ohio

13 CFX Corp., Keene, N.H.

14 Great Financial Corp., Louisville, Ky.

15 Pinnacle Financial Services, St. Joseph, Mich.

16 Heritage Finl. Services Inc., Tinley Park, Ill.

17 ML Bancorp, Villanova, Pa.

18 Eagle Financial Corp., Bristol, Conn.

19 America First Eureka Holdings, San Francisco

20 Life Bancorp, Norfolk, Va.

21 CBT Corp., Paducah, Ky.

22 Cenfed Financial Corp., Pasadena

23 California State Bank, West Covina

24 George Mason Bankshares Inc., Fairfax, Va.

25 Advantage Bancorp, Kenosha, Wis.

0.179

part 3 of 3

Adviser's

Buyer fee as a %

adviser' of final

Buyer's primary adviser fee deal value

1 Morgan Stanley Dean Witter & Co. $17.00 0.084

2 Goldman, Sachs & Co. 18 0.122

Merrill Lynch & Co. 18 0.122

N/M

3 NationsBanc Montgomery Securities 10 0.068

UBS Securities 10 0.068

4 In house N/M

5 Morgan Stanley Dean Witter & Co. 10.3 0.434

6 Stifel, Nicolaus & Co. 2.2 0.102

7 NationsBanc Montgomery Securities N/A

UBS Securities N/A

8 Goldman, Sachs & Co. 2 0.191

9 Keefe, Bruyette & Woods Inc. 0.5 0.05

Price Waterhouse N/A

10 Merrill Lynch & Co. N/A

11 Salomon Smith Barney Inc. N/A

12 N/A N/M

13 McConnell, Budd & Downes 0.2 0.018

14 Credit Suisse First Boston Corp. N/A

15 Oppenheimer & Co. Inc. 0.3 0.036

16 Goldman, Sachs & Co. 1.5 0.352

17 Merrill Lynch & Co. 0.3 0.061

18 Merrill Lynch & Co. 1.3 0.306

19 Hovde Financial Inc. 3 0.767

20 N/A N/A

21 In house N/M

22 Credit Suisse First Boston Corp. N/A

23 JP Morgan Securities N/A

24 N/A N/A

25 N/A N/A

0.179

part 4 of 4

Adviser's

Target fee as a %

adviser'of final

Target's primary adviser fee deal value

1 J.P. Morgan Securities $17.60 0.087

Credit Suisse First Boston Corp. 16.6

2 Morgan Stanley Dean Witter & Co 31 0.211

J.P. Morgan Securities 9 0.061

3 Merrill Lynch & Co. 27.6 0.352

4 Keefe, Bruyette & Woods 9.7 0.281

5 Credit Suisse First Boston Corp. 10.6 0.445

6 Donaldson, Lufkin & Jenrette Secur 11.8 0.559

7 Keefe, Bruyette & Woods 3.3 0.315

8 Sandler O'Neill & Partners LP 4.8 0.461

Keefe, Bruyette & Woods 0.7 0.068

9 Sandler O'Neill & Partners LP 5.8 0.578

10 Goldman, Sachs & Co. 6.2 0.65

11 Keefe, Bruyette & Woods N/A

12 Keefe, Bruyette & Woods 2.1 0.259

13 Keefe, Bruyette & Woods 5.9 0.697

14 Sandler O'Neill & Partners LP 3.4 0.481

15 Friedman, Billings, Ramsey & Co. 1.2 0.178

Donaldson, Lufkin & Jenrette Secur 3.6 0.52

PL Capital 0.7 0.1

16 McDonald & Co. 2.2 0.514

17 Sandler O'Neill & Partners LP 2 0.485

18 Sandler O'Neill & Partners LP 1.6 0.4

19 Merrill Lynch & Co. 1.9 0.479

20 Sandler O'Neill & Partners LP 2.7 0.725

21 Morgan Stanley Dean Witter & Co. 2.6 0.973

22 Merrill Lynch & Co. 2.2 0.715

23 Keefe, Bruyette & Woods N/A

24 Friedman, Billings, Ramsey & Co. 0.3 0.122

25 Hovde Financial 1.9 0.8

0.311 ===

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