MENTOR PERPETUAL GLOBAL
EMERGING COMPANIES FUND
901 East Byrd Street
Richmond, Virginia 23211
October 15, 1998
VIA EDGAR
Securities and Exchange Commission
450 Fifth Street, NW
Washington, D.C. 20549
Re: Mentor Perpetual Global Emerging Companies Fund --
Registration Statement on Form N-2 (File Nos. 333-34423; 811-08341)
Ladies and Gentlemen:
Mentor Perpetual Global Emerging Companies Fund (the "Fund") hereby
applies, pursuant to paragraph (a) of Rule 477 under the Securities Act of 1933,
as amended, to withdraw the above-captioned Registration Statement filed with
the Commission on August 27, 1997. The Fund is applying for such withdrawal in
light of the determination of the Fund not to commence a public offering of its
securities in the foreseeable future.
Very truly yours,
/s/ Paul F. Costello
Paul F. Costello
President