AB Exchange Reserves

Exhibit 77K

On June 14, 2006, KPMG LLP was selected as the Registrant's registered
public accounting firm for the 2006 fiscal year. Certain additional
information in response to this Item may be found in Amended
Exhibit 77K to the Registrant's Form N-SAR filing for the period
ending March 31, 2006,which was filed with the Commission on June 8,
2006.