[The Norinchukin Bank letterhead]
Acceptance of Extension
April 16, 2001
To: The Talbots, Inc.
Re: Revolving Credit Agreement dated as of January 25, 1994 ; First
Amendment dated as of November 21,1995; Second Amendment, dated as of April
18, 1996; Third Amendment, dated as of April 17, 1998; and Fourth Amendment
Agreement, dated as of April 16, 1999, between The Talbots, Inc. as
borrower, and The Norinchukin Bank (the "Agreement")
Dear Sirs :
Pursuant to Section 14 (j)(ii) of the Agreement, we hereby irrevocably accept
your one year extension of the Revolving Credit Period (as defined in the
Agreement) so that the Revolving Credit Period would expire on April 17, 2003.
Very truly yours,
The Norinchukin Bank,
New York Branch
By:_____________________
Xxxxxxx Xxxxx
General Manager