United States
Securities and Exchange Commission
Washington, D.C. 20549
Form 12b-25
Notification of Late Filing
(Check one): /X/ Form 10-K
For Period Ended: March 31, 1998
PART I - Registrant Information
American Rice, Inc.
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Full Name of Registrant
411 North Sam Houston Parkway East
Houston, Texas 77060
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Address of Principal Executive Office
PART II - Rules 12b-25(b) and (c)
If the subject report could not be filed without unreasonable effort of
expense and the registrant seeks relief pursuant to Rule 12b-25, the
following should be completed.
/X/ (a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense.
PART III - NARRATIVE
State below in reasonable detail the reasons why Form 10-K could not be
filed within the prescribed time period.
The Company is in the process of reviewing a number of disclosure and
accounting policy issues with its accountants and legal counsel. Due to
the timing and difficulty of the review and reporting process the
additional expense would be unreasonable.
PART IV - Other Information
(1) Name and telephone number of person to contact in regard to this
notification.
Joseph E. Westover
281-272-8800
(2) Have all other periodic reports required under Section 13 or 15(d)
of the Securities Exchange Act of 1934 or Section 30 of the Investment
Company Act of 1940 during the preceeding 12 months or such shorter
period that the registrant was required to file such report(s) been
filed ?
/X/ Yes
(3) Is it anticipated that any significant change in results of
operations from the corresponding period in the last fiscal year will be
reflected by the earnings statements to be included in the subject
report or portion thereof ?
/X/ Yes
If so, attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.
The Company is in the process of reviewing a number of disclosure and
accounting policy issues with its accountants and legal counsel. The
outcome of these discussions may materially affect the reported results
for the year ended March 31, 1998.
American Rice, Inc.
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Name of Registrant
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
June 29, 1998 By: /s/ Joseph E. Westover
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Joseph E. Westover
Vice-President and
Controller
