JOINT FILING AGREEMENT

                                    EXHIBIT C

                             JOINT FILING AGREEMENT

                  The  undersigned  hereby agree that the  statement on Schedule
13D with respect to the Common Stock of Homeland Holding  Corporation dated June
23, 1997 is, and any amendments  thereto signed by each of the undersigned shall
be,  filed  on  behalf  of each of us  pursuant  to and in  accordance  with the
provisions of Rule 13d-1(f) under the Securities Exchange Act of 1934.

Dated as of:  June 23, 1997                  XXXXX FUND MANAGEMENT LLC


                                             By:      /s/ Xxxxxxx X. Xxxx
                                                      Xxxxxxx X. Xxxx
                                                      Assistant General Counsel


                                             XXXXXX XXXXX


                                             By:      /s/ Xxxxxxx X. Xxxx
                                                      Xxxxxxx X. Xxxx
                                                      Attorney-in-Fact


                                             XXXXXXX X. XXXXXXXXXXXXX


                                             By:      /s/ Xxxxxxx X. Xxxx
                                                      Xxxxxxx X. Xxxx
                                                      Attorney-in-Fact