Life Re Corp Watch

from 10-Q 1 page August 19, 1996 Bank of America National Trust and Savings Association, as Administrative Agent, and the Lenders Under the Credit Agreement Referred to Below 231 South Lasalle Street Chicago, Illinois 60697 Attention: Michael T. Ernst Pursuant to the Amended and Restated Credit Agreement Dated as of November 2, 1995 (The "Credit Agreement") Among Life Re Corporation (The "Borrower"), Various Financial Institutions and Bank of America National Trust and Savings Association, as Administrative Agent, This Represents the Borrower's Request to Extend the Commitment Termination Date (As Defined in the Credit Agreement) to January 5, 1999. Please Indicate Whether You Consent to Such Extension of the Commitment Termination Date by Signing the Attached Copy of This Extension Request in the Space Provided Below and Returning the Same to the Undersigned by October 1, 1996. Very Truly Yours, Life Re Corporation By: /S/ Chris C. Stroup Executive Vice President and Chief Financial Officer Date: 11/6/96 Accepts Yes Rejects By: /S/Michael T. Ernst Title: Vice President