EXHIBIT 10(b)

 
[InterTAN, Inc. Letterhead]



                                 July 1, 1998



Mr. James T. Nichols
InterTAN, Inc.
201 Main Street, Suite 1805
Fort Worth, Texas  76102



     Re:  Amendments to Stock Option Agreements

Dear Jim:

     According to the records of InterTAN, Inc. (the "Company"), you have been
granted stock options as follows:

   PLAN         OPTION           GRANT         SHARE          EXERCISE
   YEAR         TYPE/#           DATE          AMOUNT          PRICE
   ----         ------           ----          ------          -----
                                                        
   1986         ISO/160          1/1/95        36,641         $8.1875
   1986         NSO/56           1/1/95        63,359         $8.1875
   1986         NSO/57           1/1/96       100,000         $7.3125
   1996         NSO/91         11/12/96        50,000         $  6.00
   1996         NSO/92         11/10/97        50,000         $  5.50

Each of the above grants is evidenced by a stock option agreement signed by you
and by an authorized representative of the Company.

     On June 8, 1998, the Company's 1986 Stock Option Plan and 1996 Stock Option
Plan were amended in order to permit the Organization and Compensation Committee
of the Board of Directors of the Company to approve and recommend certain
amendments to the text of a stock option agreement. Consequently, on June 8,
1998 the Board of Directors of the Company approved an amendment to each of your
stock option agreements whereby you will have up to 24 months after the date of
your retirement (presently December 31, 1998) in which to exercise your vested
stock options, which will be all of the stock options listed above given that
any unvested stock options held by you at January 1, 1999 will be automatically
accelerated as provided in each Plan.

 
July 1, 1998
Page 2



     Given the foregoing, clause (a) of section 3, entitled "Expiration of
Option," of each of your stock option agreements shall hereby be deemed amended
to permit the exercise of all vested stock options for a period of 24 months
after December 31, 1998.  All other terms of the stock option agreements shall
remain unchanged.


                                        InterTAN, Inc.



                                        By:  /s/ David S. Goldberg
                                        Its:  V.P., Sec. & General Counsel

Accepted July 1, 1998


/s/ James T. Nichols
James T. Nichols