==========================================START OF PAGE 1======


                SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C.

Litigation Release No. 15323 / April 10, 1997

SECURITIES AND EXCHANGE COMMISSION v. EUNICE J. LEIGH, Civil
Action No. 97-2385GHK(AJWx) (C.D. Cal.).

     The Securities and Exchange Commission announced that on
April 9, 1997, it filed a Complaint in the United States District
Court for the Central District of California against Eunice J.
Leigh based on allegations that she engaged in insider trading.

     The Complaint alleges that the defendant, a resident of Palm
Desert, California, violated certain anti-fraud provisions of the
federal securities laws by buying stock in Davis Water & Waste
Industries, Inc. while in possession of material nonpublic
information about that company.  Specifically, the Complaint
alleges that on April 26, 1996, the defendant learned in the
course of her employment as a secretary in the legal department
of U.S. Filter Corporation that it was negotiating to acquire
Davis Water & Waste.  The Complaint alleges that while in
possession of this information, which the defendant understood to
be material and confidential, she purchased 1,000 shares of the
common stock of Davis Water & Waste.  

     On May 15, 1996, U.S. Filter Corporation announced that it
had agreed to acquire Davis Water & Waste.  The following day, on
May 16, 1996, the defendant sold her 1,000 shares of Davis Water
& Waste.

     With the Complaint, the Commission submitted to the Court a
proposed Final Judgment, to which the defendant consented without
admitting or denying the allegations contained in the Complaint. 

The Final Judgment: (i) permanently enjoins the defendant from
future violations of Section 10(b) of the Securities Exchange Act
of 1934 and Rule 10b-5, promulgated thereunder; (ii) orders the
defendant to disgorge profits of $10,224; and (iii) orders the
defendant to pay a penalty under the Insider Trading Sanctions
Act of $10,224.