UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 24F-2

Annual Notice of Securities Sold

Pursuant to Rule 24f-2

(Read instructions at end of Form before preparing Form)

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Name and address of issuer:

THE NOTTINGHAM INVESTMENT TRUST II

116 SOUTH FRANKLIN STREET

POST OFFICE BOX 69

ROCKY MOUNT, NC 27802-0069

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2.	The name of each series or class of securities for which this Form is filed: (If the Form is being filed for all series and classes of securities of the issuer, check the box but do not list series or classes.)

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Investment Company Act File Number:

811-06199

Securities Act File Number:

033-37458

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4(a).

Last day of fiscal year for which this Form is filed:

03/31/08

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4(b).

Check box if this Form is being filed late (i.e. more than 90 calendar days after the end of the issuer's fiscal year). (See Instruction A.2)

Note: If Form is being filed late, interest must be paid on the registration fee due.

4(c).

Check box if this is the last time issuer will be filing this Form.

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Calculation of registration fee.

(i)

Aggregate sale price of securities sold during

$ 160,481,372

the fiscal year pursuant to Section 24(f):

(ii)

Aggregate price of securities redeemed or

$ 162,442,847

repurchased during the fiscal year:

(iii)

Aggregate price of securities redeemed or

repurchased during any prior fiscal year

ending no earlier than October 11, 1995

that were not previously used to reduce

$ 461,143,953

registration fees payable to the Commission:

(iv)

Total available redemption credits

$ 623,586,800

[add Items 5(ii) and 5(iii)]:

(v)

Net Sales -- if Item 5(i) is greater than Item 5(iv)

$ 0

[subtract Item 5(iv) from Item 5(i)]:

(vi)

Redemption credits available for use in future

years- if Item 5(i) is less than Item 5(iv)

$ (463,105,428)

[subtract Item 5(iv) from Item 5(i)]:

(vii)

Multiplier for determining registration fee

0.00003930

(See Instruction C.9):

(viii)

Registration fee due [multiply Item 5(v) by

$ 0

Item 5(vii)] (enter "0" if no fee is due):

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Prepaid Shares.

If the response to Item 5(i) was determined by deducting an amount of securities that were registered under the Securities Act of 1933 pursuant to rule 24e-2 as in effect before October 11, 1997, then report the amount of securities (number of shares or other units) deducted here:___N/A___. If there is a number of shares or other units that were registered pursuant to rule 24e-2 remaining unsold at the end of the fiscal year for which this Form is filed that are available for use by the issuer in future fiscal years, then state that number here:___N/A____.

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Interest due -- if this Form is being filed more than 90 days after the

end of the issuer's fiscal year (see Instruction D):

$ 0.00

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Total of the amount of the registration fee due plus any interest due

[line 5(viii) plus line 7]:

$ 0.00

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Date the registration fee and any interest payment was sent to the

Commission's lockbox depository:

N/A

Method of Delivery: N/A

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Wire Transfer (CIK 0000869351)

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Mail or other means

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SIGNATURES

This report has been signed below by the following persons on behalf of the issuer and in the capacities and on the dates indicated.

By: (Signature and Title)*

/s/ A. Vason Hamrick

A. Vason Hamrick

Secretary

Date:

June 18, 2008

*Please print the name and title of the signing officer below the signature.