CERTIFICATION

        Pursuant to Rule 497(j) under the Securities Act of 1933, Waddell & Reed Advisors Continental Income Fund, Inc. (1933 Act File No. 2-36008; 1940 Act File No. 811-2008) ("Registrant") hereby certifies that (a) the respective forms of Prospectus and Statement of Additional Information that would have been filed under Rule 497(c) would not have differed from the Prospectus and Statement of Additional Information contained in Post-Effective Amendment No. 65 ("Amendment No. 65") to its Registration Statement on Form N-1A, which is Registrant's most recent post-effective amendment, and (b) the text of Amendment No. 65 was filed electronically.

	WADDELL & REED ADVISORS
	CONTINENTAL INCOME FUND, INC.
Dated: November 5, 2003	By: /s/Kristen A. Richards
		Kristen A. Richards
		Vice President, Secretary and
			Associate General Counsel