SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-18F-1
NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1
UNDER THE INVESTMENT COMPANY ACT OF 1940
KEMPER EUROPE FUND
(Exact Name of Registrant)
The undersigned registered open-end investment company
hereby notifies the Securities and Exchange Commission that
it elects to commit itself to pay in cash all redemptions by
a shareholder of record as provided by Rule 18f-1 under the
Investment Company Act of 1940. It is understood that this
election is irrevocable while such Rule is in effect unless
the Commission by order upon application permits the
withdrawal of this Notification of Election.
Pursuant to the requirements of the Investment Company
Act of 1940, the registrant has caused this notification of
election to be duly signed on its behalf in the City of
Chicago and State of Illinois on the 12th day of January,
1996.
Signature: KEMPER EUROPE FUND
By: /s/ John E. Peters
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John E. Peters, Vice President
Attest: /s/ Philip J. Collora
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Philip J. Collora, Secretary
