FEDERATED EQUITY FUNDS
Federated Investors Funds
5800 Corporate Drive
Pittsburgh, Pennsylvania 15237-7000
October 9, 1998
EDGAR Operations Branch
Securities and Exchange Commission
Division of Investment Management
450 Fifth Street, Northwest
Washington, DC 20549
RE: FEDERATED EQUITY FUNDS
Federated Large Cap Growth Fund
1933 Act File No. 2-91090
1940 Act File No. 811-4017
Dear Sir or Madam:
On behalf of FEDERATED EQUITY FUNDS, (the "Registrant"), I hereby submit
this application for withdrawal of Post-Effective Amendment No. 39, which was
filed pursuant to Rule 485(a) under the Securities Act of 1933 (the "Act"), the
Registrant's Registration Statement on Form N-1A.
The Rule 485(a) filing was made in order to add a new portfolio to the
Registrant, Federated Large Cap Growth Fund. Information that may be considered
material regarding this new portfolio was not included in the filing. The
Registrant intends to re-file the Registration Statement as Post-Effective
Amendment No. 40 pursuant to Rule 485(a) with an automatic effective date 75
days after the date of filing to incorporate this information. Please issue an
order with respect to this application for withdrawal at the earliest date the
Staff deems appropriate.
Pursuant to the requirements of Rule 478 of the Act, this application for
withdrawal of the Amendment has been signed by the Assistant Secretary of the
Registrant this 9th day of October, 1998.
If you have any questions regarding this filing, please contact Kary A.
Moore at (412) 288-8635.
Very truly yours,
/s/ Matthew S. Hardin
Matthew S. Hardin
Assistant Secretary, Federated Equity Funds