U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and address of issuer:
Presidential Variable Annuity Account One
69 Lydecker Street
Nyack, NY 10960
2. Name of each series or class of funds for which this notice is filed:
Not applicable
3. Investment Company Act File Number:
811-5474
Securities Act File Number:
33-19293
4. Last day of fiscal year for which this notice is filed:
December 31, 1996
5. Check box if this notice is being filed more than 180 days after the
close of the issuer's fiscal year for purposes of reporting securities
sold after the close of the fiscal year but before termination of the
issuer's 24f-2 declaration:
[ ]
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see Instruction A.6):
Not applicable
7. Number and amount of securities of the same class or series which had
been registered under the Securities Act of 1933 other than pursuant to
rule 24f-2 in a prior fiscal year, but which remained unsold at the
beginning of the fiscal year:
$0.00
8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2:
$0.00
9. Number and aggregate sale price of securities sold during the fiscal
year:
1,347 units; $27,213
10. Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration pursuant to rule 24f-2:
1,347 units; $27,213
11. Number and aggregate sale price of securities issued during the fiscal
year in connection with dividend reinvestment plans, if applicable (see
Instruction B.7):
Not applicable
12. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the fiscal year in
reliance on rule 24f-2 (from Item 10): $27,213
(ii) Aggregate price of shares issued in connection with dividend
reinvestment plans (from Item 11, if applicable): +0.00
(iii) Aggregate price of shares redeemed or repurchased during the fiscal
year (if applicable): -1,473,564
(iv) Aggregate price of shares redeemed or repurchased and previously
applied as a reduction to filing fees pursuant to rule 24e-2 (if
applicable): +0.00
(v) Net aggregate price of securities sold and issued during the fiscal
year in reliance on rule 24f-2 [line (i), plus line (ii), less line
(iii), plus line (iv)] (if applicable): $0.00
(vi) Multiplier prescribed by Section 6(b) of the Securities Act of 1933
or other applicable law or regulation (see Instruction C.6):
x 1/3300
(vii) Fee due [line (i) or line (v) multiplied by line (vi)]: $0.00
Instruction: Issuers should complete lines (ii), (iii), (iv), and (v) only if
the form is being filed within 60 days after the close of the
issuer's fiscal year. See Instruction C.3.
13. Check box if fees are being remitted to the Commission's lockbox
depository as described in section 3a of the Commission's Rules of
Informal or Other Procedures (17 CFR 202.3a).
Not applicable
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository:
Not applicable
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/Michael V. Oporto
Michael V. Oporto
Treasurer
Date: February 27, 1997
Routier and Johnson, P.C.
1700 K Street, N.W.
Suite 1003
Robert J. Routier Washington, D.C. 20006 (202) 296-4852
February 27, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
RE: Opinion of Counsel
Presidential Variable Annuity Account
File No. 33-19293
Ladies/Gentlemen:
As Counsel for Presidential Life Insurance Company, this firm
is aware of and familiar with the registration statement filed with the
Securities and Exchange Commission by Presidential Life Insurance Company
as depositor for the Presidential Variable Annuity Account ("Separate
Account") and the securities being offered by the Separate Account.
Based on a review of the relevant documents and materials and on the
basis of available information, the undersigned is of the opinion that the
securities issued during period ending December 31, 1996, by the Separate
Account were legally issued, fully paid and non-assessable.
Respectfully submitted,
/s/Robert J. Routier
Robert J. Routier
RJR/tng
