EXHIBIT A
AGREEMENT OF JOINT FILING
In accordance with Rule 13d-1(f) under the Securities Exchange
Act of 1934, as amended, the undersigned hereby agree to the joint filing with
all other Reporting Persons (as such term is defined in the Schedule 13D
referred to below) of a statement on Schedule 13D or any amendments thereto,
with respect to the Common Stock, $.01 par value, of Italy Fund, and that this
Agreement be included as an Exhibit to such filing.
This Agreement may be executed in any number of counterparts
each of which shall be deemed to be an original and all of which together shall
be deemed to constitute one and the same Agreement.
IN WITNESS WHEREOF, the undersigned hereby execute this
Agreement on the 30th day of May, 1997.
XXXXXXX CAPITAL, L.P.
BY: /S/ J. XXXX XXXXXX
-----------------------------
Title: General Partner
ARIEL FUND LIMITED
BY: MEESPIERSON MANAGEMENT
(CAYMAN) LIMITED
BY: /S/ X. X. XXXXXX X. XXXXXXX
------------------------------
Name: X. X. Xxxxxx X. Xxxxxxx
Title: Director
ARIEL MANAGEMENT CORP.
BY: /S/ J. XXXX XXXXXX
------------------------------
Name: J. Xxxx Xxxxxx
Title: President
/S/ J. XXXX XXXXXX
---------------------------------
J. XXXX XXXXXX
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