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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM OF NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1
UNDER THE INVESTMENT COMPANY ACT OF 1940
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HOTCHKIS AND WILEY VARIABLE TRUST
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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 withdrawal of the 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 Los Angeles and the State of California
on the 7th day of October, 1997.
Signature
HOTCHKIS AND WILEY VARIABLE TRUST
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(Name of Registrant)
By: /s/ Nancy D. Celick
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Nancy D. Celick
President
Attest: /s/ Gracie V. Fermelia
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Gracie V. Fermelia
Secretary
