FORM N-18F-1
[Adopted in Release No. IC-6561 (Section 78,124),
June 14, 1974, 36 F.R. 11920.]
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1 UNDER
THE INVESTMENT COMPANY ACT OF 1940
THE BERWYN FUNDS
NOTIFICATION OF ELECTION
The undersigned registered open-end investment company hereby
notifies the Securities and Exchange Commission that it elects to
commit itself to pay in cash all redemptions by a shareholder of
record as provided by Rule 18f-1 under the Investment Company Act o
f 1940. It is understood that this election is irrevocable while
such Rule is in effect unless the Commission by order upon
application permits the withdrawal of this Notification of Election.
SIGNATURE
Pursuant to the requirements of Rule 18f-1 under the Investment
Company Act of 1940, the registrant has caused this notification of
election to be duly executed on its behalf in the city of Berwyn and
the state of Pennsylvania on the 1st day of March, 2000.
Signature: The Berwyn Funds
(Name of Registrant)
By: /S/ Robert E. Killen
Robert E. Killen, President
Attest: Kevin M. Ryan
Kevin M. Ryan, Secretary-Treasurer
