PRICE T ROWE EQUITY INCOME FUND
NSAR-B, 1997-02-26
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SIGNATURE   JAMES S. RIEPE                               
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

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<CIK> 0000775688
<NAME> T. ROWE PRICE EQUITY INCOME FUND
<MULTIPLIER> 1000
       
<S>                             <C>
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<SENIOR-EQUITY>                                      0
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</TABLE>


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