Prudent Bear Funds, Inc.
8140 Walnut Hill Lane
Suite 405
Dallas, TX 75231
June 5, 1996
VIA EDGAR SYSTEM
Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, D.C. 20549
Re: Prudent Bear Funds, Inc.
File Nos. 33-98726 and 811-9120
Rule 497(j) Certification
Ladies & Gentlemen:
The undersigned officer of Prudent Bear Funds, Inc. (the "Fund")
does hereby certify pursuant to Rule 497(j) promulgated under the
Securities Act of 1933, as amended:
1. that the form of statement of additional information that
would have been filed under paragraph (c) of Rule 497 promulgated under
the Securities Act of 1933, as amended, would not have differed from that
contained in Post-Effective Amendment No. 1 to Form N-1A Registration
Statement filed by the Fund on May 31, 1996, which is the most recent
amendment to such registration statement; and
2. that the text of Post-Effective Amendment No. 1 was filed
with the Securities and Exchange Commission by direct transmittal through
the EDGAR system on May 31, 1996.
Very truly yours,
PRUDENT BEAR FUNDS, INC.
By: /s/ David W. Tice
David W. Tice
