SELECTED CAPITAL PRESERVATION TRUST
497J, 2000-05-05
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                                 SELECTED FUNDS
                         EDGAR HEADER FILING INFORMATION


                               RULE 497(j) FILING






                         SELECTED AMERICAN SHARES, INC.
                          SELECTED SPECIAL SHARES, INC.
                       SELECTED CAPITAL PRESERVAITON TRUST
                      CERTIFICATION PURSUANT TO RULE 497(j)

The undersigned on behalf of Selected American Shares, Inc., Selected Special
Shares, Inc., and Selected Capital Preservation Trust ("the Registrants") hereby
certifies that the form of prospectus and Statement of Additional Information
that would have been filed under Rule 497 (c) would not have differed from that
contained in the Registrants' most recent post-effective amendment to their
registration statements. The text of such amendment to the registration
statements was filed electronically.

Dated:  May  4, 2000

Selected American Shares, Inc.
Selected Special Shares, Inc.
Selected Capital Preservation Trust


By: /s/ Thomas D. Tays
- -----------------------------
Thomas D. Tays, Secretary










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