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NEW ACCOUNT FORM
(LOGO)
You may purchase shares of a T. Rowe Price fund after
reviewing the information in the profile or after requesting
and reviewing the fund's prospectus (and other information).
Please note: an IRA will not be established using this form.
If you want to open an IRA, call 1-800-638-5660 to request
an IRA New Account Form.
Mail this form to: T. Rowe Price
P.O. Box 17300, Baltimore, MD 21298-9353
For help with this form, call toll free 1-800-638-5660.
Please do not remove the mailing label from this form.
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1 PROVIDE YOUR TAX IDENTIFICATION NUMBER
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OWNER'S OR MINOR'S SOCIAL SECURITY OR TAX ID NUMBER
(Use Minor's Social Security Number for Custodial Account)
_ _ _ _ _ _ _ _ _
JOINT OWNER'S OR CUSTODIAN'S SOCIAL SECURITY OR TAX ID NUMBER
_ _ _ _ _ _ _ _ _
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2 DESIGNATE TYPE OF ACCOUNT AND OWNER NAME(S)
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Please print in CAPITAL LETTERS. Choose one:
__ INDIVIDUAL OR JOINT ACCOUNT.*
*Joint tenancy with right of survivorship unless you instruct otherwise.
Owner's Name (First, Middle Initial, Last)
________________________________
Title: Mr. Ms. Mrs. Dr.
Joint Owner's Name (First, Middle Initial, Last)
________________________________
Title: Mr. Ms. Mrs. Dr.
__ CUSTODIAL ACCOUNT.
Uniform Gift or Transfer to Minors Act (UGMA or UTMA)
Custodian's Name (First, Middle Initial, Last)
________________________________
Minor's Name (First, Middle Initial, Last)
________________________________
State of Residence (Minor's or Custodian's)
________________________________
__ TRUST, CORPORATION, BUSINESS, OR OTHER ENTITY ACCOUNT.*
*Please attach the first and last pages of the trust agreement or a copy
of
the corporate resolution.
Name of Trust, Corporation, or Other Entity
_________________________________________________________
Trustee Names or Type of Entity
________________________________________________________
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Name of Trust Beneficiary (Optional) Date of
Trust Agreement
________________ __-__-__
month
day year
__ Check this box if your organization is incorporated or tax-exempt under
Section 501(a) of the Internal Revenue Code, a qualified retirement plan
under Section 401(a), or a custodial account under Section 403(b)(7),
and
you DO NOT want us to file information returns on your behalf.
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3 PROVIDE YOUR ADDRESS
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Street Address or P.O. Box
__________________________________________________
__________________________________________________
City State
____________________ __
ZIP Code
_ _ _ _ _ - _ _ _ _
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4 PROVIDE OTHER ACCOUNT DATA
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Daytime Phone Ext.
_ _ _ _ _ _ - _ _ _ _ _ _ _ _
Evening Phone Ext.
_ _ _ _ _ _ - _ _ _ _ _ _ _ _
Date of Birth (Owner/Minor) Date of Birth (Joint
Owner/Custodian)
_ _ - _ _ - _ _ _ _ - _ _ - _ _
month day year month
day year
__ U.S. Citizen __ Resident Alien
__ Nonresident Alien. My permanent foreign address for tax purposes is:
_____________________________________
_____________________________________
Owner's Occupation / Employer Name (Optional)
_____________________________________
Employer Address (Optional)
__________________________________________________________________________
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5 SELECT YOUR FUND(S)
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Please print the fund name(s) exactly as listed inside the Investment Kit you
received with this form. Fill in the amount of your investment for each fund.
The minimum initial investment is $2,500 per fund ($1,000 for UGMAs/UTMAs)
but is waived if you use Automatic Asset Builder (see Sections 6 and 7E).
Fund Name Amount
__________________________________ $________
Fund Name Amount
__________________________________ $________
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Fund Name Amount
________________________________ $__________
Fund Name Amount
________________________________ $__________
Total
Investment
$__________
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6 CHOOSE YOUR INVESTMENT METHOD
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A. __ BY CHECK.
Make payable to T. Rowe Price Funds. (Otherwise it may be returned.)
B. __ BY AUTOMATIC ASSET BUILDER.
See Section 7E for instructions.
C. __ BY WIRE.
Please call 1-800-225-5132 for the following information and wiring
instructions:
Account Number
_ _ _ _ _ _ _ _ _ _ - _
Date of Wire
_ _ - _ _ - _ _
month day year
(over, please)
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7 SELECT YOUR ACCOUNT SERVICE OPTIONS
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A. TO RECEIVE YOUR DISTRIBUTIONS
Your dividends and capital gains will be reinvested unless you indicate
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otherwise.
__ Pay dividends and capital gains to me by check.
__ Transfer dividends and capital gains to my bank account.
(Please complete Section 7C if you elect this option.)
__ Pay dividends to me by check and reinvest capital gains.
B. TO EXCHANGE AND REDEEM FUND SHARES
You can use the telephone or your personal computer to check your account
balance, redeem shares, or make exchanges among any identically registered
accounts unless you check the boxes below.
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__ I do NOT want telephone/computer exchange.
__ I do NOT want telephone/computer redemption.
C. TO MAKE TRANSFERS BETWEEN YOUR BANK AND T. ROWE PRICE
This service makes purchasing or redeeming fund shares even more convenient.
Simply call a T. Rowe Price representative or Tele*Access (R) and your transac-
tion will be processed by electronically moving money between your bank
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account and your mutual fund accounts.
Transfers occur only when you initiate them ($100 minimum) and are made
through the Automated Clearing House (ACH) network or by wire.* This ser-
vice becomes available approximately 20 days after your application is
processed. Since you initiate transfers by phone or computer, be sure that
you did not decline the phone/computer redemption service above.
__ Check this box to set up this service. YOU MUST ALSO ATTACH A
BLANK,
VOIDED CHECK (OTHER THAN YOUR INVESTMENT CHECK) FROM YOUR BANK
ACCOUNT TO THIS FORM.
ANY CO-OWNER OF YOUR BANK ACCOUNT WHO IS NOT A CO-OWNER OF
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YOUR MUTUAL FUND ACCOUNT MUST SIGN BELOW.
X___________________________________________
BANK ACCOUNT CO-OWNER'S SIGNATURE
*There is a $5 fee for wire redemptions under $5,000 but no fee for ACH
transactions.
ATTACH VOIDED CHECK HERE
D. TO SET UP CHECKWRITING
You can write checks for $500 or more on all T. Rowe Price money market and
bond fund accounts (except the High Yield and Emerging Markets Bond funds).
Those authorized to write checks should read the checking agreement and sign
below.
By signing this form, I agree to all of State Street Bank's checking account
rules, and to any conditions and limitations on redeeming checks from the
T. Rowe Price Funds. I also agree that:
(1) This form applies to any other identically registered T. Rowe Price
fund checking account I establish later;
(2) If I am subject to IRS backup withholding, I may write checks only on
money fund accounts;
(3) State Street Bank and the Fund reserve the right to change, revoke, or
close any checking account;
(4) The signatures are authentic, and, for organizations, I have submitted
an original or certified resolution authorizing the individuals with legal
capacity to sign and act on behalf of the organization.
(Do not detach this section from the rest of the form.)
_____________________________________________________
Fund Name Fund Name
________________________________________
Print Name of Owner, Custodian, or Trustee
X_______________________________________
Signature Date
________________________________________
Print Name of Joint Owner, Co-trustee, Corporate Officer, etc.
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X______________________________________
Signature Date
How many signatures do you require on checks?
__ Only one owner __ All owners
G00-008
6/30/98
E. TO SET UP AUTOMATIC ASSET BUILDER
This service allows you to automatically invest in your fund account through
your
bank account and/or payroll deduction each month (minimum $50 per fund).
___ CHECK THIS BOX TO INVEST FROM YOUR BANK ACCOUNT.
Be sure to complete Section 7C and fill in the information below.
Fund Name
__________________________________________________________________________
Amount Day of Month You
Would Like to Invest
__________________________________
____
Fund Name
__________________________________________________________________________
Amount Day of Month You
Would Like to Invest
_____________________ ___
Fund Name
Amount Day of Month You
Would Like to Invest
__________________________________
_____
Fund Name
__________________________________________________________________________
Amount Day of Month You
Would Like to Invest
__________________________________
_____
____ CHECK THIS BOX TO INVEST THROUGH PAYROLL DEDUCTION.
T. Rowe Price will mail you instructions for this service.
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8 SIGN YOUR NEW ACCOUNT FORM
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By signing this form, I certify that:
- - I agree to be bound by the terms of the prospectus for each fund in which
I am investing. If I am purchasing shares after reviewing a fund profile, I
understand that I will receive the prospectus after I purchase shares in the
fund. I have the authority and legal capacity to purchase mutual fund shares,
am of legal age in my state, and believe each investment is suitable for me.
- - I authorize T. Rowe Price, the Funds, their affiliates and agents to act on
any
instructions believed to be genuine for any service authorized on this form,
including telephone/computer services. The Funds use reasonable procedures
(including shareholder identity verification) to confirm that instructions
given by telephone/computer are genuine, and the Funds are not liable for
acting on these instructions. (If these procedures are not followed, it is the
opinion of certain regulatory agencies that the Funds may be liable for any
loss that may result from acting on instructions given.) I understand that
anyone who can properly identify my account(s) can make phone/computer
transactions on my behalf.
- - The Funds can redeem shares from my account(s) to reimburse a fund for
any loss due to nonpayment or other indebtedness.
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- - By selecting the electronic transfer service in Section 7C, I hereby authorize
T. Rowe Price to initiate credit and debit entries to my (our) account at the
Financial Institution indicated and for the Financial Institution to credit or
debit the same to such account through the Automated Clearing House
(ACH) system, subject to the rules of the Financial Institution, ACH, and the
Fund. T. Rowe Price may correct any transaction error with a debit or credit
to my Financial Institution account and/or Fund account. THIS AUTHORIZA-
TION, INCLUDING ANY CREDIT OR DEBIT ENTRIES INITIATED THEREUNDER, IS IN FULL
FORCE AND EFFECT UNTIL I NOTIFY T. ROWE PRICE OF ITS REVOCATION BY TELEPHONE
OR IN WRITING AND T. ROWE PRICE HAS HAD SUFFICIENT TIME TO ACT ON IT.
- - Under penalties of perjury, the tax identification number(s) shown on
this form is correct. If I fail to give the correct number or fail to sign this
form, T. Rowe Price may reject, restrict, or redeem my investment. I may
also be subject to IRS backup withholding (currently 31%) on all
distributions and redemptions, and I may be subject to a $50 IRS penalty.
- - Under penalties of perjury, I am NOT subject to IRS backup withholding
because 1) I have not been notified, or 2) notification has been revoked
(cross out "NOT" if you are currently subject to withholding), or 3) I have
indicated in Section 4 that I am a nonresident alien and certify that for
dividends I am not a U.S. citizen or resident (or I am filing for a foreign
corporation, partnership, estate, or trust).
- - For clarification on any of these certification issues, please contact us for
assistance.
- - The IRS does not require your consent to any provision of this document
other than the certifications required to avoid backup withholding.
PLEASE SIGN HERE
X__________________________________________________
Signature of Owner, Custodian, or Trustee
Date
X__________________________________________________
Signature of Joint Owner, Co-trustee, Corporate Officer, etc.
Date
Thank you for your investment. You will receive a confirmation shortly.
8
0142
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