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 ASIAN GROWTH 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 17th day of September, 1996.
Signature: KEMPER ASIAN GROWTH FUND
By: /s/ Philip J. Collora
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Philip J. Collora, Vice President &
Secretary
Attest: /s/ Elizabeth C. Werth
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Elizabeth C. Werth, Assistant Secretary
