EXHIBIT TO SCHEDULE 13G
FILED BY NORTHERN TRUST CORPORATION
Securities and Exchange Commission
000 Xxxxx Xxxxxx, X.X.
Washington, DC 20549-1004
Attention: Filing Desk, Stop 1-4
RE: Gyrodyne Company of America, Inc.
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Pursuant to the requirement of 240.13d-1(e) (1) (iii), this exhibit shall
constitute our written agreement that the Schedule 13G to which this exhibit is
attached is filed on behalf of Northern Trust Corporation and of its
subsidiary(ies), as stated below, regarding our respective beneficial ownership
in the above-captioned equity security.
NORTHERN TRUST CORPORATION
By: Xxxxx X. Xxxx
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DATED: 1-10-97 As its: Sr. Executive Vice President
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The NORTHERN TRUST COMPANY
By: Xxxxx X. Xxxx
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As its Sr. Executive Vice President
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