Rule 424(b)(3)
File No. 33-57347
AMENDMENT NO. 1 DATED JUNE 6, 1995 TO PRICING SUPPLEMENT NO. 15
DATED MAY 25,1995
(To Prospectus Dated February 10, 1995 as Supplemented February 24, 1995)
THE ROUSE COMPANY
MEDIUM-TERM NOTES
DUE MORE THAN NINE MONTHS FROM DATE OF ISSUE
FLOATING RATE NOTES
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Principal Amount: $2,800,000
Proceeds to Issuer: $2,790,200
Trade Date: May 23, 1995
Issue Price: 100%
Original Issue Date: June 2, 1995
Total Amount of OID: N/A
Initial Accrual Period OID: N/A
Yield to Maturity: N/A
Stated Maturity Date: June 2, 1998
Book-Entry: /X/
Certificated: / /
Specified Currency: U.S. Dollars
Base Rate: / / Commercial Paper Rate/X/ LIBOR
Telerate Page 3750
/ / Certificate of Deposit Rate
/ / Treasury Rate / / Federal Funds Rate/ / Prime Rate
/ / Other
Exchange Rate Agent: N/A
Minimum Denomination: $1,000.00
Initial Interest Rate: 6.6625%
Interest Determination Dates: Two London Banking Days prior
to the Interest Reset Date
Interest Reset Dates: Every September 2, December 2,
March 2 and June 2
Interest Payment Dates: Every September 2, December 2,
March 2 and June 2, beginning
June 2, 1995, until maturity
Index Maturity: Three months
Maximum Interest Rate: N/A
Minimum Interest Rate: N/A
Spread (plus or minus): Plus 60 bps (bps = basis points)
Spread Multiplier: N/A
Calculation Agent: The First National Bank of Chicago
Calculation Date: N/A
Redemption:
Check box opposite applicable paragraph.
/X/ The Notes cannot be redeemed prior to maturity.
/ / The Notes may be redeemed prior to maturity.
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage
Reduction: N/A
Special Redemption Provisions:N/A
