GREAT WESTERN FINANCIAL CORP
DEFA14A, 1997-03-18
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                           SCHEDULE 14A INFORMATION
             REVOCATION STATEMENT PURSUANT TO SECTION 14(a) 
                   OF THE SECURITIES EXCHANGE ACT OF 1934

  Filed by the Registrant {X}

  Filed by a Party other than the Registrant {_}

  Check the appropriate box:
  {_}  Preliminary Proxy Statement (Revocation of Consent Statement)
  {_}  Confidential, for Use of the Commission Only (as permitted by
       Rule 14a-6(e)(2))
  {_}  Definitive Proxy Statement (Revocation of Consent Statement)
  {X}  Definitive Additional Materials
  {_}  Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12

                    GREAT WESTERN FINANCIAL CORPORATION
                 -----------------------------------------
             (Name of Registrant as Specified in Its Charter)


                 -----------------------------------------
 (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)


  Payment of Filing Fee (Check the appropriate box):
  {X}  No fee required.

  {_}  Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
  (1)  Title of each class of securities to which transaction applies:
  (2)  Aggregate number of securities to which transaction applies:
  (3)  Per unit price or other underlying value of transaction computed
       pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
       filing fee is calculated and state how it was determined):  _____

  (4)  Proposed maximum aggregate value of transactions:  _________________

  (5)  Total fee paid.
  --------
  {_}  Fee paid previously with preliminary materials.

  {_}  Check box if any part of the fee is offset as provided by Exchange Act
       Rule 0-11(a)(2) and identify the filing for which the offsetting fee was
       paid previously.  Identify the previous filing by registration statement
       number, or the Form or Schedule and the date of its filing.

  (1)  Amount Previously Paid:  ______________________________________________

  (2)  Form, Schedule or Registration Statement No.:  ________________________

  (3)  Filing Party:  ________________________________________________________

  (4)  Date Filed:  __________________________________________________________



                      GREAT WESTERN FINANCIAL CORPORATION

     Dear Stockholder:

     Please accept our thanks for sending in the Revocation of Consent.

     To avoid the possibility of the validity of your revocation of
     consent being challenged or disqualified for the reasons(s)
     indicated below, we are requesting that you sign, date and mail the
     enclosed revocation of consent with the correction indicated below
     in the self-addressed envelope provided for your convenience.  This
     Revocation of Consent will automatically revoke any previous
     revocation of consent.

     ( )  Your previous revocation of consent was unsigned.  If signing
          as attorney, executor, administrator, personal representative
          of the estate, corporate officer, partner, trustee, custodian
          or guardian, please sign and give your full title as such.

     ( )  Your previous revocation of consent was undated.  Please sign
          and date to conform to the name shown on the revocation of
          consent.

     ( )  Your previous revocation of consent omitted your title or
          authority.  If signing as attorney, executor, administrator,
          personal representative of the estate, corporate officer,
          partner, trustee, custodian or guardian, please sign and give
          your full title as such.

     ( )  Your previous revocation of consent, as signed, did not
          conform to the name shown on the revocation of consent. 
          Please date and sign this revocation of consent exactly as the
          registration appears on the revocation of consent, including
          your full title if signing other than in an individual
          capacity.

     ( )  Your previous revocation of consent, as marked, did not
          clearly specify your instructions.  Please sign, date and
          clearly mark your revocation of consent.

     ( )  Other_____________________________________________________

     Since time is of the essence, we would greatly appreciate your
     signing, dating and mailing this BLUE revocation of consent card as
     soon as possible.  Please mail it in the envelope provided for your
     convenience.  Once again, we appreciate your support.

     Sincerely,


     GEORGESON & COMPANY INC.





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