Rule 24f-2 Notice
Colonial Trust III
File #2-15184
1. Colonial Trust III
One Financial Center
Boston, MA 02111
2. Name of each series or class of funds for
which this notice is filed:
Colonial Federal Securities Fund, Classes A, B & C
3. Investment Company Act File # 811-881
Securities Act File Number # 2-15184
4. Last day of fiscal year for which this notice
is filed: 8/31/98
5. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the
fiscal year pursuant to section 24(f): $ 76,970,021
(ii) Aggregate price of securities redeemed or
repurchased during the fiscal year: $ 183,664,468
(iii) Aggregate price of shares redeemed or
repurchased during any prior fiscal year ending no
earlier than October 11, 1995 that were not
previously used to reduce registration fees payable
to the Commission: $ 145,372,027
(iv) Total available redemption credits: $ 329,036,495
(v) Net sales: $0.00
(vi) Redemption credits available for use in future
years: $ 252,066,473
(vii) Multiplier for determining registration fee: 0.00030303030
(viii)Registration fee due: $0.00
6. Prepaid Shares
If the response to Item 5(i) was determined by
deducting an amount of securities that were
registered under the Securities Act of 1933
pursuant to rule 24e-2 as in effect before
October 11, 1997, then report the amount of
securities(number of shares or other units)
deducted here: 0
If there is a number of shares or other units
that were registered pursuant to rule 24e-2
remaining unsold at the end of the fiscal year
for which this form is filed that are available
for use by the issuer in future fiscal years,
then state that number here: 0
7. Interest due -- if this form is being filed more
than 90 days after the end of the issuer's fiscal
year: 0
8. Total of the amount of the registration fee due
plus any interest due: 0
9. Date the registration fee and any interest payment
was sent to the Commission's lockbox depository: 11/27/98
Method of Payment: Wire Transfer
This report has been signed below by the following
persons on behalf of the issuer and in the
capacities and on the date indicated.
By ________________________
Gail Knudsen
Vice President
November 27, 1998
