0000921749-98-000068 Sample Contracts

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ZEPHYR PARTNERS
Joint Filing Agreement • May 21st, 1998 • American Real Estate Holdings L P • Operative builders

In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of statements on Schedule 13D (including amendments thereto) with respect to the limited partnership interests and assignee interests therein of ARVIDA/JMB PARTNERS, L.P., and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement this th day of May, 1998.

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