SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF
THE SECURITIES EXCHANGE ACT OF 1934
Filed by the Registrant [X]
Filed by a Party other than the Registrant [_]
Check the appropriate box:
[ ] Preliminary Proxy Statement [_] Confidential, for Use of the
[ ] Definitive Proxy Statement Commission Only (as permitted by
[X] Definitive Additional Materials Rule 14a-6(e)(2))
[ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
AMERICA FIRST FINANCIAL FUND 1987-A LIMITED PARTNERSHIP
(NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
------------------------------------------
(NAME OF PERSON(S) FILING PROXY STATEMENT,
IF OTHER THAN THE REGISTRANT)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1)
and 0-11.
(1) Title of each class of securities to which transaction applies.
-------------------------------------------------------------------
(2) Aggregate number of securities to which transaction applies:
-------------------------------------------------------------------
(3) Per unit price or other underlying value of transaction
computed pursuant to Exchange Act Rule 0-11 (set forth the
amount on which the filing fee is calculated and state how it
was determined):
-------------------------------------------------------------------
(4) Proposed maximum aggregate value of transactions:
-------------------------------------------------------------------
(5) Total fee paid:
-------------------------------------------------------------------<PAGE>
[_] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by
Exchange Act Rule 0-11(a)(2) and identify the filing for which
the offsetting fee was paid previously. Identify the previous
filing by registration statement number, or the Form or Schedule
and the date of this filing.
(1) Amount Previously Paid:
-------------------------------------------------------------------
(2) Form, Schedule or Registration Statement No.:
-------------------------------------------------------------------
(3) Filing Party:
-------------------------------------------------------------------
(4) Date Filed:
-------------------------------------------------------------------
-2-<PAGE>
[Letter to holders of the Registrant's BUCs]
[America First Companies Letterhead]
October 10, 1997
Dear BUC Holder:
The illustration set forth on the cover page, page 10 and
page 44 of the Joint Solicitation Statement/Prospectus erroneously
states that, based on the closing price of Bay View Common Stock
on September 15, 1997 of $26.9375 per share, and assuming this
price represents the Average Bay View Stock Price, and assuming
that the Partnership Expenses and the Reserves are equal to the
maximum of the estimates set forth in the Joint Solicitation
Statement/Prospectus, each BUC holder would receive in the
Distribution with respect to each BUC $10.89 in cash and 1.13
shares of Bay View Common Stock on a per BUC basis.
In fact, based upon these assumptions, each BUC holders would
receive in the Distribution with respect to each BUC approximately
$10.85 in cash and approximately 1.167 shares of Bay View Common
Stock on a per BUC basis. Based on the closing price of Bay View
Common Stock on the September 15, 1997 of $26.9375 per share, such
amount of cash and shares of Bay View Common Stock would have an
aggregate value of approximately $42.28 per BUC.
Based on the closing price of Bay View Common Stock
on October 6, 1997 of $28.50 per share, and assuming this price
represents the Average Bay View Stock Price, and assuming that the
Partnership Expenses and the Reserves are equal to the maximum of
the estimates set forth in the Joint Solicitation Statement/
Prospectus, BUC holders would receive in the Distribution with
respect to each BUC approximately $10.79 in cash and approximately
1.160 shares of Bay View Common Stock and the aggregate value of
such amount of cash and Bay View Common Stock would be approximately
$43.85 per BUC.
The foregoing estimate of amounts to be distributed to BUC
Holders in the Distribution is subject to a number of factors,
including without limitation the Average Bay View Stock Price, the
amount of liabilities, obligations and expenses of the Partnership
at the time of the Distribution, and the amount of reserves that
the General Partner deems reasonably necessary for any contingent
or unforeseen liabilities or obligations of the Partnership.
Defined terms used herein have the meaning set forth in the Joint
Solicitation Statement/Prospectus.
-3-
