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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 19
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<PAGE> PAGE 21
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074 N000500 9297
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074 R040500 24
074 S000500 0
074 T000500 9053
074 U010500 638
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074 V020500 0.00
074 W000500 0.0000
074 X000500 9
074 Y000500 0
075 A000500 0
075 B000500 7115
076 000500 0.00
SIGNATURE MARY JANE MALONEY
TITLE MANAGER
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EXHIBIT INDEX
Exhibit A: Attachment to item 77H:
Changes in Control of Registant
- -------------------------------------------------------
Exhibit A:
Response to N-SAR Sub-Item 77H: Changes in Control of Registrant
(A) Acquisition of Control
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
PERCENTAGE OF
DESCRIPTION SECURITIES OWNED
NAME OF SHAREHOLDER DATE OF TRANSACTION (AS OF JUNE 30,1999)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
DRIEHAUS ASIA PACIFIC GROWTH FUND
The Richard H.
Driehaus Foundation 1/8/99 share purchase 45.1%
DRIEHAUS INTERNATIONAL DISCOVERY FUND*
Richard H. Driehaus 1/4/99 share purchase 39.2%
Driehaus Associates
Fund 1/4/99 share purchase 29.8%
Driehaus Companies
Profit Sharing Plan
and Trust 1/5/99 share purchase 28.2%
DRIEHAUS EUROPEAN OPPORTUNITY FUND*
Richard H. Driehaus 1/4/99 share purchase 85.8%
* The Driehaus International Discovery Fund and the Driehaus
European Opportunity Fund each commenced investment operations on
January 4, 1999. As of December 31, 1998, the sole shareholder of
each Fund was Robert F. Moyer, an employee of Driehaus Capital
Management, Inc., the Funds' investment adviser.
(B) Cessation of Control
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
PERCENTAGE OF
DESCRIPTION SECURITIES OWNED
NAME OF SHAREHOLDER DATE OF TRANSACTION (AS OF JUNE 30,1999)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
DRIEHAUS ASIA PACIFIC GROWTH FUND
Compass Pass-
Through Limited
Partnership 1/8/99 share redemption 0%
