UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and address of issuer:
Oppenheimer Equity Income Fund
6803 South Tucson Way,
Englewood, CO 80112
2. Name of each series or class of securities for which this Form is filed
(If the Form is being filed for all series and classes of securities
of the issuer, check the box but do not list series or classes): /X/
3. Investment Company Act File Number: 811-1512
Securities Act File Number: 2-33043
4(a). Last day of fiscal year for which this Form is filed: 8/31/97
4(b). / / Check box if this Form is being filed late (i.e., more than 90
calendar days after the end of the issuer's fiscal year). (See
instruction A.2)
Note: If the Form is being filed late, interest must be paid on the
registration fee due.
4(c). / / Check box if this is the last time the issuer will be filing this
Form.
5. Calculation of registration fee:
(i) Aggregate sale price of securities sold during
the fiscal year pursuant to section 24(f): $410,947,851
------------
(ii) Aggregate price of securities redeemed
or repurchase during the fiscal year: $406,316,884
------------
(iii) Aggregate price of securities 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: $ -0-
----------
(iv) Total available redemption credits
[add items 5(ii) and 5(iii): -$406,316,884
-------------
(v) Net sales - if Item 5(i) is greater than Item
5(iv)[subtract Item 5(iv) from Item 5(i)]: $4,630,967
-------------
(vi) Redemption credits available for use -0-
in future years -- if Item 5(i) is -------------
less than Item 5(iv) [subtract Item
5(iv) from Item 5(i):
(vii) Multiplier for determining registration fee (See
Instruction C.9): x 1/3300
------------
(viii) Registration fee due [multiple Item 5(v) by Item
5(vii)] (enter "0" if no fee is due): =$1,403
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6. Prepaid Shares
If the response to item 5(i) was determined by deducting an amount
of securities that were registered under the Securities Act of 1933
pursuant to rule 24e-2 as in effect before October 11, 1997, then
report the amount of securities (number of shares or other units) deducted
here: 17,250,770. If there is a number of shares or other units that were
registered pursuant to rule 24e-2 remaining unsold at the end of the
fiscal year for which this form is filed that are available for use by
the issuer in future fiscal years, then state that number here: -0-
7. Interest due -- if this Form is being filed more than 90 days after
the end of the issuer's fiscal year (see Instruction D):
+$ -0-
-------------
8. Total of the amount of the registration fee due plus any interest due
[line 5(viii) plus line 7]:
=$1,403
=============
9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository: November 3, 1997
Method of Delivery: Wire Transfer #9623
SIGNATURES
This report has been signed below by the following persons on behalf of
the issuer and in the capacities and on the dates indicated.
By: /s/ Robert J. Bishop
Robert J. Bishop, Assistant Treasurer
Date: October 29, 1997
cc: Allan Adams, Esq.
Katherine P. Feld, Esq.
Gloria LaFond
