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.