NOTIFICATION OF ELECTION PURSUANT TO
RULE 18f-1 UNDER THE INVESTMENT COMPANY ACT OF 1940.
MITCHELL HUTCHINS SECURITIES TRUST
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 New York and the state of New York on the
23rd day of March, 2000.
MITCHELL HUTCHINS SECURITIES TRUST
Attest: /s/Cristina Paradiso By: /s/Dianne E. O'Donnell
Name: Cristina Paradiso Name: Dianne E. O'Donnell
Title: Assistant Secretary Title: Vice President and Secretary