<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
052 00AA00 N
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054 A00AA00 N
054 B00AA00 N
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054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
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054 I00AA00 N
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054 K00AA00 N
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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015 E040118 X
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015 B000119 S
015 C010119 SANTAFE DE BOGOTA
015 D010119 COLOMBIA
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<PAGE> PAGE 8
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015 A000132 BANK HAPOALIM B.M.
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015 B000133 S
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015 D010133 ITALY
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015 B000135 S
015 C010135 SEOUL
015 D010135 KOREA
015 E040135 X
015 A000136 STATE STREET BANK & TRUST COMPANY
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015 C010136 LONDON, ENGLAND
015 D010136 UNITED KINGDOM
015 D020136 E14 5AF
015 E040136 X
015 A000137 CITIBANK N.A.
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<PAGE> PAGE 9
015 C010137 MEXICO CITY
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015 A000138 STANDARD CHARTERED BANK MALAYSIA
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015 A000139 MEES PIERSON N.V.
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015 D010139 NETHERLANDS
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015 A000140 CHRISTIANIA BANK OF KREDITKASSE
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015 D010140 NORWAY
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015 A000141 ANZ BANKING GROUP
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015 C010141 WELLINGTON
015 D010141 NEW ZEALAND
015 E040141 X
015 A000142 DEUTSCHE BANK A.G.
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015 C010142 KARACHI
015 D010142 PAKISTAN
015 D020142 74000
015 E040142 X
015 A000143 CITIBANK, N.A. LIMA
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015 D010143 PERU
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015 A000144 STANDARD CHARTERED BANK
015 B000144 S
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015 E040145 X
015 A000146 BANCO COMMERCIAL PORTUGUES
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<PAGE> PAGE 10
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<PAGE> PAGE 11
015 A000156 CREDIT SUISSE FIRST BOSTON
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024 000100 N
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<PAGE> PAGE 12
034 000100 Y
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<PAGE> PAGE 13
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066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 Y
067 000100 N
068 A000100 N
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069 000100 N
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070 A020100 Y
070 B010100 Y
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070 D010100 Y
070 D020100 N
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070 F010100 Y
070 F020100 N
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070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
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070 L020100 Y
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<PAGE> PAGE 14
070 N010100 Y
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<PAGE> PAGE 15
074 A000100 1951
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015 A000201 STATE STREET BANK AND TRUST COMPANY
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<PAGE> PAGE 16
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015 A000209 SKANDINAVISKA ENSKILDA BANKEN
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<PAGE> PAGE 17
015 A000213 CHRISTIANIA BANK OF KREDITKASSE
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<PAGE> PAGE 18
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015 E040226 X
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015 B000227 S
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015 D010228 BELGIUM
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015 B000229 S
015 C010229 VIENNA
015 D010229 AUSTRIA
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015 A000230 WESTPAC CUSTODIAN NOMINEE LTD
015 B000230 S
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015 D010230 AUSTRALIA
015 D020230 2000
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024 000200 N
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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SIGNATURE S. ELLIOTT COHAN
TITLE ASST. GEN. COUNSEL
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<SERIES>
<NUMBER> 011
<NAME> International Series, Inc.
Federated International Equity Fund
Class A
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<PERIOD-END> May-31-1997
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</TABLE>
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<ARTICLE> 6
<SERIES>
<NUMBER> 012
<NAME> International Series, Inc.
Federated International Equity Fund
Class B
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<PERIOD-END> May-31-1997
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 013
<NAME> International Series, Inc.
Federated International Equity Fund
Class C
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<PERIOD-END> May-31-1997
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</TABLE>
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<ARTICLE> 6
<SERIES>
<NUMBER> 021
<NAME> International Series, Inc.
Federated International Income Fund
Class A Shares
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<PERIOD-END> May-31-1997
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 022
<NAME> International Series, Inc.
Federated International Income Fund
Class B Shares
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<FISCAL-YEAR-END> Nov-30-1997
<PERIOD-END> May-31-1997
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<NAME> International Series, Inc.
Federated International Income Fund
Class C Shares
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