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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) APRIL 7, 1999
TELEBANC FINANCIAL CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 33-76930 13-3759196
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
1111 North Highland Street, Arlington, Virginia 22201
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (703) 247-3700
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Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
On April 7, 1999, TeleBanc Financial Corporation signed an
agreement to purchase the building located at 1111 North Highland Street,
Arlington, Virginia, the site of its current main headquarters, for $10,200,000.
The agreement contemplates a closing within 30 days and is subject to ordinary
conditions and satisfactory completion of due diligence.
Item 7. Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TELEBANC FINANCIAL CORPORATION
Date: April 8, 1999 By: /s/ SANG HAN
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Sang Han
Controller and Acting Chief Financial
Officer
