CERTIFICATION
Pursuant to Rule 497(j), the Morgan Keegan Southern Capital Fund, Inc.
(1933 Act File No. 33-5435, 1940 Act File No. 811-4658) ("Registrant") hereby
certifies (a) that the form of Statement of Additional Information used with
respect to the Registrant, does not differ from the Statement of Additional
Information contained in Post-Effective Amendment No. 15 ("Amendment No. 15") to
its Registration Statement on Form N-1A and (b) that Amendment No. 15 was filed
electronically.
Morgan Keegan Southern Capital Fund, Inc.
Dated: November 1, 1999 By: /s/ Charles D. Maxwell
Charles D. Maxwell
Secretary
