LEUCADIA NATIONAL CORPORATION 315 Park Avenue South New York, New York 10010-3679 (212) 460-1900 Fax (212) 598-4869 October 5, 1995 Dr. Peter Linneman Chairman of the Board ROCKEFELLER CENTER PROPERTIES, INC. 1270 Avenue of the Americas Suite 2410 New...

                          LEUCADIA NATIONAL CORPORATION
                              000 Xxxx Xxxxxx Xxxxx
                         Xxx Xxxx, Xxx Xxxx  00000-0000
                                 (000) 000-0000
                               Fax (000) 000-0000

                                        October 5, 1995


     Xx. Xxxxx Xxxxxxxx
     Chairman of the Board
     ROCKEFELLER CENTER PROPERTIES, INC.
     0000 Xxxxxx xx xxx Xxxxxxxx
     Xxxxx 0000
     Xxx Xxxx, Xxx Xxxx 00000

     Dear Xx. Xxxxxxxx:

               This letter confirms Xxxxxxxx's continuing support for the
     Gotham proposal as originally stated in my letter to you of September
     29, 1995.  To enhance the Gotham proposal, we are prepared to act as
     stand-by purchaser to take up and exercise all rights that are not
     otherwise exercised in the rights offering contemplated by the Gotham
     proposal, subject only to appropriate documentation, a customary fee,
     and compliance with legal requirements.

                                        Sincerely yours,

                                        /s/ Xxxxxx X. Xxxxxxxxx

                                        Xxxxxx X. Xxxxxxxxx
                                        President




























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