Estate of Philip Meriano, Deceased, Anita Panepinto, Administratrix - Page 30

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                    1.  Previously Agreed Adjustments to the                          
                    Taxable Estate                                                    
                    In a Stipulation of Disposition of Issues executed                
               on behalf of the parties and filed with this Court in                  
               1985, the parties agreed to a taxable estate                           
               tentatively determined as follows:                                     
                    Taxable estate per estate tax return    $527,720.79               
                    Tentatively agreed adjustments to the                             
               taxable estate, as summarized by schedules                             
               of the return:                                                         
                    Schedule A                              28,000.00                 
                    Schedule B                         1,252,085.61                   
                    Schedule C               3,174.62                                 
                    Schedule F               18,318.26                                
                    Schedule G                              127,230.75                
                    Schedule J                              31,515.02                 
                    Schedule K                            243.08                      
               Taxable estate as tentatively agreed                                   
               in 1985                                 $1,988,288.13                  
                    2.  Additional Adjustments Agreed to in Present                   
                         Stipulation Of Disposition of Issues                         
                    The parties tentatively agree on the following                    
               additional adjustments to the taxable estate as                        
               previously agreed in 1985:                                             
               Taxable estate as tentatively agreed                                   
               in 1985                                    $1,988,288.13               
               Additional adjustments to the taxable estate,                          
               as summarized by schedules of the return:                              
                    Schedule J                         (  647,652.44)                 
                    Schedule K                         (   12,021.00)                 
               Taxable estate as tentatively agreed                                   
               in this stipulation                                                    
          $1,328,614.69                                                               
                    3.  Additional Decrease Which Depends on                          
               Computation of Interest                                                
                    The parties agree that the taxable estate as                      
               tentatively agreed in the amount of $1,328,614.69 may                  




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