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<PAGE> PAGE 2
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<PAGE> PAGE 3
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SIGNATURE WILLIAM L. MCQUEEN
TITLE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
financial statements of Bergstrom Capital Corporation and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 94,937,953
<INVESTMENTS-AT-VALUE> 172,859,026
<RECEIVABLES> 258,512
<ASSETS-OTHER> 8,223
<OTHER-ITEMS-ASSETS> 6,674
<TOTAL-ASSETS> 173,132,435
<PAYABLE-FOR-SECURITIES> 3,895,226
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10,342,388
<TOTAL-LIABILITIES> 14,237,614
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7,979,826
<SHARES-COMMON-STOCK> 1,028,400
<SHARES-COMMON-PRIOR> 1,112,200
<ACCUMULATED-NII-CURRENT> 268,190
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 72,725,732
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 77,921,073
<NET-ASSETS> 158,894,821
<DIVIDEND-INCOME> 1,134,430
<INTEREST-INCOME> 764,248
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<EXPENSES-NET> 1,209,223
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</TABLE>
BERGSTROM CAPITAL CORPORATION
FORM N-SAR
For Period Ending 12/31/97
File Number (c) 811-1641
Attachments Per Item 77
Sub-Item 77C. Matters submitted to a vote of security holders:
(a) The annual meeting of stockholders was held on
November 3, 1997.
(b) The following directors were elected at the meeting-
Erik E. Bergstrom, George Cole Scott, and William
H. Sperber.
The following directors are the other directors now
in office William L. McQueen and Norman R. Nielsen.
(c) Other matters voted upon at the meeting:
Affirmative Negative
Votes Cast Votes Cast
(1) Ratification of
selection of
independent
accountants. 959,484 3,057
(d) None.
Bergstrom Capital Corporation
Form N-SAR
For Period Ending 12/31/97
File Number (c) 811-1641
Attachment Per Item 77
Sub-Item 77B Accountants Report on Internal Control
DELOITTE & TOUCHE LLP
125 SUMMER STREET
BOSTON, MASSACHUSETTS 02110-1617
INDEPENDENT AUDITORS' REPORT
To the Shareholders and
Board of Directors of
Bergstrom Capital Corporation
In planning and performing our audit of the financial statements
of Bergstrom Capital Corporation for the year ended December 31,
1997 (on which we have issued our report dated January 30, 1998),
we considered its internal controlstructure, including procedures
for safeguarding securities, in order to determine our auditing
procedures for the purpose of expressing our opinion on the
financial statements and to comply with the requirements of Form
N-SAR, not to provide assurance on the internal control structure.
The management of Bergstrom Capital Corporation is responsible for
establishing and maintaining an internal control structure. In
fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and
related costs of internal control structure policies and
procedures. Two of the objectives of an internal control
structure are to provide management with reasonable, but not
absolute, assurance that assets are safeguarded against loss from
unauthorized use or disposition and that transactions are executed
in accordance with management's authorization and recorded
properly to permit preparation of financial statements in
conformity with generally accepted accounting principles. Because
of inherent limitations in any internal control structure, errors
or irregularities may occur and not be detected. Also, projection
of any evaluation of the structure to future periods is subject to
the risk that it may become inadequate because of changes in
conditions or that the effectiveness of the design and operation
may deteriorate.
Our consideration of the internal control structure would not
necessarily disclose all matters in the internal control structure
that might be material weaknesses under standards established by
the American Institute of Certified Public Accountants. A material
weakness is a condition in which the design or operation of the
specific internal control structure elements does not reduce to a
relatively low level the risk that errors or irregularities in
amounts that would be material in relation to the financial
statements being audited may occur and not be detected within a
timely period by employees in the normal course of performing
their assigned functions. However, we noted no matters involving
the internal control structure, including procedures for
safeguarding securities, that we consider to be material weaknesses
as defined above as of December 31, 1997.
This report is intended solely for the information and use of
management and the Securities and Exchange Commission.
Deloitte & Touche LLP
January 30, 1998
Boston, Massachusetts
Bergstrom Capital Corporation
Form N-SAR
For Period Ending 12/31/97
File Number (c) 811-1641
Attachment Per Item 77
Sub-Item 77Q.2.
Information Called for
by Item 405 of Regulation S-X
Section 30(h) Beneficial Ownership Reporting Compliance
Section 30(h) of the Investment Company Act of 1940 requires the
Company's officers, directors and investment advisers, the affiliated persons
of such investment advisers, and the beneficial owners of more than ten
percent of the Company's Capital Stock to file initial reports of ownership
and reports of changes in ownership with the Securities and Exchange
Commission and the American Stock Exchange, and to provide copies of such
reports to the Company.
Based solely on a review of the copies of such reports received by it
and of written representations by reporting persons that no additional reports
are due, the Company believes that all Section 30(h) filing requirements for
1997 were satisfied, except as follows.
Joachim Madler, a member of the Board of Managers of Dresdner RCM
Global Investors LLC ("Dresdner RCM"), and Susan C. Gause, Senior Vice
President and Chief Financial Officer of Dresdner RCM, failed to file on a
timely basis their initial reports of ownership on Form 3. This information
was subsequently reported, as required, on Form 5. The Form 5 filed by
Joachim Madler was filed on December 2, 1997. No Form 5 was filed by
Joachim Madler for the period December 3, 1997 through December 31, 1997,
and the Company did not receive a written representation from Joachim Madler
that no Form 5 for this period was required.
