Annual Notice of Securities Sold Pursuant to Rule 24F-2
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read instructions at end of Form before preparing Form.
1. Name and address of issuer:
Flag Investors International Fund, Inc.
One South Street
Baltimore, MD 21202
_________________________________________________________________
2. The name of each series or class of securities for which
this Form is filed (If the Form is being filed for all
series and classes of securities of the issuer, check the
box but do not list series or classes): [X]
_________________________________________________________________
3. Investment Company Act File Number: 811-4827
Securities Act File Number: 33-8479
_________________________________________________________________
4(a). Last day of fiscal year for which this Form is filed:
October 31, 1997
_________________________________________________________________
4(b). [ ] Check box if this Form is being filed late
(i.e.,more than 90 calendar days after the end of the
issuer's fiscal year). (See Instruction A.2)
Note: If the Form is being filed late, interest must be paid on
the registration fee due.
_________________________________________________________________
4(c). [ ] Check box if this is the last time the issuer will
be filing this Form.
_________________________________________________________________
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5. Calculation of registration fee: (see attached Schedule A)
(i) Aggregate sale price of securities sold during
the fiscal year pursuant to section 24(f): $ 0
_____
(ii) Aggregate price of securities redeemed or
repurchased during the fiscal year: $2,414,563.00
_____________
(iii) Aggregate price of securities redeemed or
repurchased during any prior fiscal year
ending no earlier than October 11, 1995
that were not previously used to reduce
registration fees payable to the
Commission: $ 0*
___________
*All shares repurchased or redeemed in fiscal
years ended October 31, 1995 and October 31,
1996 were prepaid and are included in Item 6.
(iv) Total available redemption credits {add
Items 5(ii) and 5(iii)}: -$2,414,563.00
______________
(v) Net sales -- if Item 5(i) is greater than
Item --5(iv) {subtract Item 5(iv) from
Item 5(i)}: $__________
(vi) Redemption credits available for use in
future years $(2,414,563.00)
_______________
--if Item 5(i) is less than Item 5(iv)
{subtract Item 5(iv) from Item 5(i)}:
(vii) Multiplier for determining registration fee (See
Instruction C.9): x .000295
__________
(viii) Registration fee due {multiply Item 5(v) by Item
5(vii)} (enter "0" if no fee is due): =$ 0
__________
_________________________________________________________________
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6. Prepaid shares
If the response to Item 5(i) was determined by deducting an
amount of securities that were registered under the
Securities Act of 1933 pursuant to rule 24e-2 as in effect
before October 11, 1997, then report the amount of
securities (number of shares or other units) deducted here:
99,112 shares @ $1,493,894.29 If there is a number of
shares or other units that were registered pursuant to rule
24e-2 remaining unsold at the end of the fiscal year for
which this form is filed that are available for use by the
issuer in future fiscal years, then state that number here:
3,018,978 shares @ $30,753,733.24
_________________________________________________________________
7. Interest due -- if this Form is being filed more than 90
days after the end of the issuer's fiscal year (see
Instruction D):
+$__________
_________________________________________________________________
8. Total of the amount of the registration fee due plus any
interest due {line 5(viii) plus line 7}:
=$ 0
_______________
_________________________________________________________________
9. Date the registration fee and any interest payment was sent
to the Commission's lockbox depository:
Method of Delivery:
[ ] Wire Transfer
[ ] Mail or other means
_________________________________________________________________
SIGNATURES
This report has been signed below by the following persons on
behalf of the issuer and in the capacities and on the dates
indicated.
By (Signature and Title)*
/s/ Joseph A. Finelli
Joseph A. Finelli, Chief Financial Officer
Date January 15,1998
* Please print the name and title of the signing officer below the signature.
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<TABLE>
<CAPTION>
FLAG INVESTORS INTERNATIONAL FUND, INC.
SCHEDULE A
Shares Sold Aggregate Sales Reinvested Reinvestment Shares Redeemed Aggregate
Price* Dividends Value Redemption
Price
<S> <C> <C> <C> <C> <C>
83,957 $1,270,815.29 15,155 $223,079 155,119 $2,414,563
<FN>
* Aggregate Sales Price includes $12,083.29 in front-end sales commissions.
Carry forward from prior years = 3,118,090 shares @ $32,247,627.53.
1997 Sales = 99,112 shares @ $1,493,894.29.
By offsetting the Fund's sales in fiscal year 1997 (99,112 shares @ $1,493,894.29) with credits for
registrations of prior net redemptions (3,118,090 shares @ $32,247,627.53), no shares were sold pursuant to
Rule 24f-2 in the fiscal year ended October 31, 1997. Accordingly, no fee is due.
</FN>
</TABLE>
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