EXHIBIT 99
[WESTPAC BANKING CORPORATION LETTERHEAD]
17 July 1998
Mr. Xxxxxxxxxxx Xxxxx
Finance Director
InterTAN Australia Limited
00 Xxxxxxxxx Xxxxxx
Xxxxx Xxxxxx
XXX 0000
Dear Xxxxx,
This letter is intended to document our recent discussions whereby Westpac
Banking Corporation ("Westpac") has agreed with InterTAN Australia Ltd. ("ITA")
to modify the Multi-Option Switch Facility Agreement (the "Facility") dated
November 27, 1996 between Westpac and ITA as follows:
Section 9, subsections (p) and (s) are each amended to delete the reference
to "A$22,000,000" and to substitute therefor the number "A$17,000,000".
If the foregoing accurately sets forth our agreement regarding the modification
of a certain provision of the Facility, please acknowledge as such by signing
this letter below.
Kind regards.
Yours faithfully
/s/ Xxxxxx Xxxxx
Xxxxxx Xxxxx
Senior Relationship Manager
Corporate Banking
Acknowledged and Agreed
this 3/rd/ Day of August, 1998
For and behalf of InterTAN Australia Limited
/s/ X X Xxxxxxxx
Cc: Xxxx Xxxxxx, Director of Treasury, InterTAN, Inc.
