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May 2, 1996
VIA ELECTRONIC DELIVERY
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Securities and Exchange Commission
450 - 5th Street N.W.
Judiciary Plaza
Washington, D.C. 20549
Re: Frank Russell Investment Company
Rule 497(j) Certification to Post-Effective Amendment No. 32 under the
1933 Act
File No.2-71299
811-3153
Ladies and Gentlemen:
I serve as Legal Counsel to the Frank Russell Investment Company (the
"Investment Company"). I also serve as an officer of the Investment Company. I
serve in similar capacities with the Investment Company's administrator, Frank
Russell Investment Management Company and other affiliated companies.
As Legal Counsel, I have reviewed the Investment Company's Post-Effective
Amendment No. 32 to the Investment Company's Registration Statement. I hereby
certify that the form of Prospectus and Statement of Additional Information
which would have been filed pursuant to Paragraph (c) of Rule 497 does not
differ from that contained in the Post-Effective Amendment No. 32 and is
therefor eligible for filing pursuant to Paragraph (j) of Rule 497. I further
certify that the text of Post-Effective Amendment No. 32 was filed
electronically with the Securities and Exchange Commission under Paragraph (b)
of Rule 485 of the Securities Act of 1933 on May 1, 1996.
Very truly yours,
/s/ Gregory J. Lyons
Gregory J. Lyons
Assistant Secretary and Associate General Counsel
