XXX-XXXX, XXXXXX
CORPORATE FINANCE
000 Xxxxxxx Xxxxxx, 00xx Floor Tel: 000 000 0000
New York, NY 10017-2513 Fax: 000 000 0000
June 23, 1999
The Board of Directors
Prime Bancorp, Inc.
0000 Xxxxxx Xxxxx Xxxx
Xxxx Xxxxxxxxxx, Xxxxxxxxxxxx 00000
Gentlemen:
Pursuant to the letter agreement between Prime Bancorp, Inc. ("Prime" or the
"Company") and Xxx-Xxxx, Xxxxxx Inc. ("Xxx-Xxxx, Xxxxxx") dated February 5,
1999, Xxx-Xxxx, Xxxxxx consents to the fact that a copy of and references to its
fairness opinion may be filed with the Securities and Exchange Commission and
included as part of the proxy statement-prospectus contained in the registration
statement on Form S-4 provided to the Company's stockholders.
Very truly yours,
/s/ Xxx-Xxxx, Xxxxxx Inc.
-------------------------
XXX-XXXX, XXXXXX INC.
