STATE STREET RESEARCH EQUITY TRUST
497, 1998-11-04
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[letterhead]
State Street Research Investment Services, Inc.
One Financial Center
Boston, Massachusetts 02111
(617) 357-1371

November 4, 1998

Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, DC 20549

Re:   State Street Research Equity Trust
      Securities Act of 1933 Registration No. 33-4296
      Investment Company Act of 1940 File No. 811-4624
      CIK No. 0000790941

Ladies and Gentlemen:

      The undersigned, STATE STREET RESEARCH EQUITY TRUST, a Massachusetts
business trust (the "Registrant"), does hereby certify as follows:

(1)   That the forms of prospectus and Statement of Additional Information that
      would have been filed under paragraph (c) of Rule 497 of the Securities
      Act of 1933, as amended (the "Securities Act"), would not have differed
      from that contained in the most recent amendment to the registration
      statement of the Registrant (Post-Effective Amendment No. 24 under the
      Securities Act; Amendment No. 25 under the Investment Company Act of 1940,
      as amended) for the State Street Research Global Resources Fund series of
      the Registrant; and

(2)   That the text of the most recent amendment to the Registrant's
      registration statement has been filed electronically (EDGAR accession
      number 0000950146-98-001835).


STATE STREET RESEARCH
EQUITY TRUST

By:   /s/  Amy L. Simmons
      ----------------------------
      Amy L. Simmons
      Assistant Secretary



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