Table: On Paper, No Contest

Current offers for First Interstate Bank, and estimated 1997 returns to 
      shareholders
      
                              WELLS FARGO     FIRST BANK
                                              SYSTEM
      PER-SHARE VALUE*        $137.50         $135.85
      TOTAL VALUE*            $10.4           $10.3
                              billion         billion
      COST SAVINGS            $800            $500
                              million         million
      SHAREHOLDER RETURN      26%             18%
      *Based on acquirers' stock prices Nov. 14
      DATA: COMPANY REPORTS
      

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