FOR IMMEDIATE RELEASE                                  99-35

Washington, D.C., April 5, 1999

                       Media Advisory
                              
         Levitt to Unveil Significant Financial Tool
                              
What:     Securities and Exchange Commission Chairman
          Arthur Levitt will conduct a media briefing where
          he will unveil an important new tool that will
          help investors calculate the cost of owning
          mutual funds.
          
When:     Tuesday, April 6th, 1999; 11:00 a.m.
          
Where:    Securities and Exchange Commission
          450 5th Street, NW
          Washington, D.C.
          William O. Douglas Room (1C30)
          
Contact:  Christopher Ullman -- (202) 942-0020
                              
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