NationsBank 600 Peachtree Street, N.E. 21st Floor Atlanta, GA 30308-2213 June 8, 1995 Mr. James E. Glasscock Executive Vice President & Chief Financial Officer Proffitt's, Inc. P.O. Box 20080 Jackson, MS 39209 RE: Credit Facilities and Reimbursement Agreement by and among Proffitt's, Inc., NationsBank of Texas, N.A., as Agent, and the Lenders dated March 31, 1994, (the "Credit Agreement") Dear Jim: In accordance with Section 2.16 of the above referenced Credit Agreement, please accept this letter as confirmation that the Revolving Credit Termination Date has been extended to March 31, 1998. All other terms and conditions of the Credit Agreement shall remain in full force and effect. As always, please feel free to give me a call with any questions and/or comments you may have on (404) 607-5530. Sincerely, Shawn B. Welch Vice President