OFFER TO PURCHASE EXTENDED TO THURSDAY, DECEMBER 24, 1998 AT $750 PER BACIndependence Tax Credit Plus Lp Iii • December 14th, 1998 • Real estate
Lehigh Tax Credit Partners III L.L.C., a Delaware limited liability company (the "Purchaser"), has extended its offer to purchase up to 10,860 of the outstanding Beneficial Assignment Certificates ("BACs") representing assignments of limited partnership interests of Independence Tax Credit Plus L.P. III (the "Partnership") for a cash purchase price of $750 per BAC, net to the seller in cash, upon the terms and subject to the conditions in the Offer to Purchase, dated October 9, 1998 and the related Letter of Transmittal, as previously supplemented by letter dated November 9, 1998 as further supplemented by the enclosed Supplement dated December 14, 1998 (the "Supplement") (which together constitute the "Offer"). UNLESS EXTENDED BY THE PURCHASER, THE OFFER WILL EXPIRE AT MIDNIGHT, NEW YORK CITY TIME, ON DECEMBER 24, 1998. Except as described in the Supplement, all other terms and conditions of the Offer remain unchanged.
