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U. S.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2
Read instructions at end of Form before preparing Form.
Please print or type.
________________________________________________________________________________
1. Name and address of issuer: EXCELSIOR TAX-EXEMPT FUNDS, INC.
73 TREMONT STREET
BOSTON, MA O2108
________________________________________________________________________________
2. Name of each series or class of funds for which this notice is filed:
SEE SCHEDULE "A" ATTACHED
________________________________________________________________________________
3. Investment Company Act File Number: 811-4101
Securities Act File Number: 2-93068
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4. Last day of fiscal year for which this notice is filed: MARCH 31, 1997
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5. Check box if this notice is being filed more than 180 days after the close of
the issuer's fiscal year for purposes of reporting securities sold after the
close of the fiscal year but issuer's 24f-2 declaration:
[ ]
________________________________________________________________________________
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see Instruction A, 6):
________________________________________________________________________________
7. Number and amount of securities of the same class or series which had been
registered under the Securities Act of 1933 other than pursuant to rule
24f-2 in a prior fiscal year, but which remained unsold at the beginning of
the fiscal year:
NONE
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8. Number and amount of securities registered during the fiscal year other
than to rule 24f-2:
NONE
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9. Number and aggregate sale price of securities sold during the fiscal year:
SEE SCHEDULE "B" ATTACHED
Shares: 3,591,911,610 Price: $3,730,524,700
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10. Number and aggregate sale price of securities sold during the fiscal
year in reliance upon registration pursuant to rule 24f-2:
SEE SCHEDULE "B" ATTACHED
Shares: 3,591,911,610 Price: $3,730,524,700
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11. Number and aggregate sale price of securities issued during the fiscal year
in connection with dividend reinvestment plans, if applicable
(see Instruction b.7):
SEE SCHEDULE "C" ATTACHED
Shares: 1,490,225 Price: $2,819,735
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<CAPTION>
12. Calculation of registration fee:
<S> <C>
(I) Aggregate sale price of securities sold during the fiscal year
in reliance on rule 24f-2 (from Item 10): $ 3,730,524,700
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(ii) Aggregate price of shares issued in connection with
dividend reinvestment plans (from Item 11, if applicable): + 2,819,735
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(iii) Aggregate price of shares redeemed or repurchased during
the fiscal year (if applicable) (SEE SCHEDULE "D" ATTACHED): - 3,605,829,483
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(iv) Aggregate price of shares redeemed or repurchased and
previously applied as a reduction to filing fees pursuant
to rule 24e-2(if aplicable): + 0
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(v) Net aggregate price of securities sold and issued during
the fiscal year in reliance on rule 24f-2 [line (I), plus line
(ii), less line (iii), plus line (iv)] if applicable: $ 127,514,952
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(vi) Multiplier prescribed by Section 6(b) of the Securities Act
of 1933 or other applicable law or regulation
(see instruction C.6): X 1/3,300
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(vii) Fee due [line (I) or line (v) multiplied by line (vi)]: $ 38,640.89
-----------------------------
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Instruction: Issuers should complete lines (ii), (iii), (iv), and (v) only if
the form is being filed within 60 days after the close of the issuer's fiscal
year. See Instruction C.3.
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13. Check box if fees are being remitted to the Commission's lockbox depository
as described in section 3a of the Commission's Rules of Informal and Other
Procedures (17 CFR 202.3a).
[X]
Date of mailing or wire transfer of filing fees to the Commission's lockbox
depository: 05/28/97
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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 (Signature and Title)* /s/ JOHN M. CORCORAN, ASSISTANT TREASURER
-----------------------------------------
JOHN M. CORCORAN, ASSISTANT TREASURER
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Date 05/28/97
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*Please print the name and title of the signing officer below the signature.
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SCHEDULE "A"
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NAME OF EACH SERIES OR CLASS OF FUNDS FOR WHICH THIS NOTICE IS FILED:
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CLASS A SHARES OF COMMON STOCK, PAR VALUE $.001
CLASS B SHARES OF COMMON STOCK, PAR VALUE $.001
CLASS C SHARES OF COMMON STOCK, PAR VALUE $.001
CLASS D SHARES OF COMMON STOCK, PAR VALUE $.001
CLASS E SHARES OF COMMON STOCK, PAR VALUE $.001
CLASS F SHARES OF COMMON STOCK, PAR VALUE $.001
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SCHEDULE "B"
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NUMBER AND AGGREGATE SALE PRICE OF SECURITIES SOLD DURING THE FISCAL YEAR:
- --------------------------------------------------------------------------
<TABLE>
<CAPTION>
SHARES: PRICE:
------- ------
<S> <C> <C>
CLASS A: 3,573,643,154 3,573,643,154
CLASS B: 5,916,061 53,851,871
CLASS C: 4,928,889 46,848,045
CLASS D: 2,768,339 23,489,127
CLASS E: 2,037,537 14,270,041
CLASS F: 2,617,630 18,422,462
------------- --------------
TOTALS: 3,591,911,610 $3,730,524,700
</TABLE>
NUMBER AND AGGREGATE SALE PRICE OF SECURITIES SOLD DURING THE FISCAL YEAR IN
- ----------------------------------------------------------------------------
RELIANCE UPON REGISTRATION PURSUANT TO RULE 24F-2:
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<TABLE>
<CAPTION>
SHARES: PRICE:
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<S> <C> <C>
CLASS A: 3,573,643,154 3,573,643,154
CLASS B: 5,916,061 53,851,871
CLASS C: 4,928,889 46,848,045
CLASS D: 2,768,339 23,489,127
CLASS E: 2,037,537 14,270,041
CLASS F: 2,617,630 18,422,462
------------- --------------
TOTALS: 3,591,911,610 $3,730,524,700
</TABLE>
SCHEDULE "C"
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NUMBER AND AGGREGATE SALE PRICE OF SECURITIES ISSUED DURING THE FISCAL YEAR IN
- ------------------------------------------------------------------------------
CONNECTION WITH DIVIDEND REINVESTMENT PLANS, IF APPLICABLE:
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<TABLE>
<CAPTION>
SHARES: PRICE:
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<S> <C> <C>
CLASS A: 1,323,711 1,323,711
CLASS B: 69,565 635,343
CLASS C: 56,726 542,894
CLASS D: 24,174 204,804
CLASS E: 73 508
CLASS F: 15,976 112,475
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TOTALS: 1,490,225 $2,819,735
</TABLE>
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SCHEDULE "D"
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AGGREGATE PRICE OF SHARES REDEEMED OR REPURCHASED DURING
- --------------------------------------------------------
THE FISCAL YEAR, IF APPLICABLE:
- -------------------------------
<TABLE>
<CAPTION>
PRICE:
------
<S> <C>
CLASS A: 3,471,948,696
CLASS B: 65,269,781
CLASS C: 29,594,558
CLASS D: 17,736,590
CLASS E: 931,434
CLASS F: 20,348,424
==============
TOTAL: $3,605,829,483
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