INSTRUCTION TO NOMINEE HOLDER
                              FROM BENEFICIAL OWNER
                                       OF
                            OUTSTANDING COMMON STOCK
                                       OF
                         DRUMMOND FINANCIAL CORPORATION

The  undersigned hereby acknowledges receipt of the Offer, Letter of Transmittal
and  Notice  of Guaranteed Delivery relating to the offer to purchase all of the
outstanding  common  stock,  par  value  $0.01 (the "Common Shares") of Drummond
Financial  Corporation  ("Drummond"),  except  for  Common  Shares  held  by the
Defendants,  at  a  price of $1.25 per Common Share.  Capitalized terms used but
not  defined  herein  have  the  meanings  ascribed  to  them  in  the  Offer.

This will instruct you as to the action to be taken by you relating to the Offer
with respect to the Common Shares of Drummond held by you for the account of the
undersigned.

The  aggregate  number  of  Common  Shares  held  by  you for the account of the
undersigned  is  (fill  in  the  number):   _______________  Common  Shares.

With  respect  to  the  Offer,  the  undersigned  hereby  instructs  you  (check
appropriate  box):

      __   To TENDER all of the Common Shares held by you for the account of the
           undersigned.

      __   To  TENDER ______________ Common  Shares  held by you for the account
           of the undersigned.

It  is  understood  that  you  are  authorized:

(a)     to  make,  on  behalf  of  the  undersigned (and the undersigned, by its
        signature  below,  makes  to  you),  the  representations and warranties
        contained in the Letter of Transmittal  that are to be made with respect
        to the undersigned as a  beneficial  owner  of  Common Shares, including
        but  not  limited  to  the representation  that  the  undersigned is the
        owner  of  the  Common  Shares  represented  herein  and  has good title
        to such Common Shares free and clear of all liens, charges, encumbrances
        and  adverse  interests;  and

(b)     to  take  the  action instructed by the undersigned to be taken pursuant
        hereto  and  to  take  such further action as may be necessary under the
        Offer  (and  related  documents)  to  effect  the  instructions provided
        herein.

                                    SIGN HERE

Name  of  Beneficial  Owner(s):  ______________________________________________
Signature(s):  ________________________________________________________________
Name(s)  (please  print):  ____________________________________________________
Address: ______________________________________________________________________
         ______________________________________________________________________
         ______________________________________________________________________
Telephone  Number:  ___________________________________________________________
Taxpayer Identification or Social Security Number: ____________________________
Date:  ________________________________________________________________________