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CAPSTONE INTERNATIONAL SERIES TRUST
CAPSTONE NEW ZEALAND FUND
CERTIFICATION
The undersigned, President of Capstone International Series Trust
- - Capstone New Zealand Fund, a Massachusetts business trust (the "Fund"),
hereby certifies that:
(a) The form of Prospectus and Statement of Additional
Information that would have been filed pursuant to Rule
497(c) of the Securities Act of 1933, as amended, would not
have differed from that contained in Post-Effective
Amendment No. 25 to the Registration Statement of the Fund.
(b) The text of Post-Effective Amendment No. 25 to the
Registration Statement of the Fund has been filed
electronically.
IN WITNESS WHEREOF, the undersigned has signed and delivered this
Certification as of the 29th day of April, 1996.
/s/EDWARD L. JAROSKI
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Edward L. Jaroski
President