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To: cyberman who wrote (68550)	4/14/1999 9:48:00 AM
From: Caravan	Read Replies (1) \| Respond to of 119973

FSHS Huge Internet Banking News First Sierra to Establish Internet's First Exclusively Business-To-Business Bank -Signs Letter of Intent to Invest in Bank Holding Company to Facilitate Acquisition of National Bank Charter HOUSTON--(BUSINESS WIRE)--April 14, 1999-- First Sierra Financial, Inc. (Nasdaq: FSFH - news) today announced that, subject to regulatory approval, it will establish the first Internet-based business-to-business bank. By establishing the Bank, which First Sierra anticipates will be operational by the end of the fourth quarter of 1999, the Company will be able to expand its equipment lease financing offerings to include a broad range of business banking products. The Board of Directors has also approved the Company's pursuit of additional capital to meet regulatory requirements in connection with the establishment of the new Bank.