FOR IMMEDIATE RELEASE                                2000-194
                                
                                
                                
                      FEE RATE ADVISORY #13




          Washington, DC, December 21, 2000 -- The President
today signed the fiscal 2001 Commerce, Justice, State, and
related agencies appropriations bill that funds the SEC.
Effective 12:01 a.m. EST today, the fee rate on filings made
pursuant to Section 6(b) of the Securities Act of 1933 decreased
to $250 per $1,000,000, or .00025 of the aggregate offering
amount.

     If you have any questions about the new fee rate, please
contact the Filer Support Unit in the Office of Filings and
Information Services at (202) 942-8900.

                                
                                
                                
                                
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