FOOTHILL <FGI>, SIERRITA IN STANDSTILL ACCORD
  Foothill Group Inc said it reached a
  standstill agreement with Santa Cruz Resources Inc and its
  parent, Sierrita Resources Inc, that bars the companies from
  acquiring more than a 30 pct interest in Foothill, except
  through a business combination approved by Foothill's board.
      The company also said Santa Cruz has advised it that it
  owns 24.7 pct of Foothill's outstanding common stock.
      In addition, Santa Cruz and Sierrita have agreed to vote
  their shares in accordance with instructions from the Foothill
  board in connection with certain business combinations and
  certain anti-takeover matters, Foothill said.
      Foothill said the arrangement also bars Santa Cruz and
  Sierrita fron tendering any Foothill securities owned by them
  into any tender offer unless certain unspecified conditions are
  met.