FOR IMMEDIATE RELEASE                             97-93
                      FEE RATE ADVISORY
                              
     Washington, D.C., October 22, 1997 -- It is anticipated
that the current continuing resolution will be extended
through November 7.  As a result of this extension, the fee
rate for Section 6(b) filings will remain at the current
1/33rd of one percent of the aggregate offering amount.
This fee is calculated by dividing the aggregate offering
amount by 3300.

     If extended, this rate will be in effect until November
7 or until the pending appropriations bill is enacted.  When
the pending appropriations bill is enacted, the fee rate
will be decreased to $295 per $1,000,000 (pro rated to
amounts less than $1,000,000).  This fee will be calculated
by multiplying the aggregate offering amount by .000295.

     The Commission will issue further notices as
appropriate to keep filers and registrants informed of
developments affecting the Section 6(b) fee rate.  This
information will be posted at the SEC's internet address

http://www.sec.gov

In the interim, filers and registrants
should contact the Office of Filings and Information
Services, Filer Support Unit at (202) 942-8900 if they have
any questions.



                            # # #