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FORM N-18F-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1
UNDER THE INVESTMENT COMPANY ACT OF 1940
T. ROWE PRICE FINANCIAL SERVICES FUND, INC.
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NOTIFICATION OF ELECTION
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.
SIGNATURE
Pursuant to the requirements of Rule 18f-1 under the
Investment Company Act of 1940, the registrant has caused
this notification of election to be duly executed on its
behalf in the City of Baltimore and the State of Maryland
on the 17th day of October, 1996.
T. ROWE PRICE FINANCIAL SERVICES FUND, INC.
By: Daniel M. Theriault
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Daniel M. Theriault
President
Attest: /s/Patricia S. Butcher
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Patricia S. Butcher
Assistant Secretary