DECHERT PRICE & RHOADS
1500 K Street, N.W.
Washington, D.C. 20005
(202) 626-3300
May 5, 1997
VIA ELECTRONIC TRANSMISSION
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Re: Fenimore Asset Management Trust
File No.33-7190
Dear Sirs:
Pursuant to Rule 497(j) under the Securities Act of 1933, we hereby
certify on behalf of Fenimore Asset Management Trust (the "Trust"), that the
form of Prospectus and Statement of Additional Information for the Trust's two
separate investment series, FAM Value Fund and FAM Equity-Income Fund, that
would have been filed under Rule 497(c), do not differ from those contained in
Post-Effective Amendment No.21 which was filed on May 1, 1997. The text of Post-
Effective Amendment No. 21 was filed electronically.
Very truly yours,
/s/ Patrick W.D. Turley
Patrick W.D. Turley