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Securities and Exchange Commission
Washington, D.C. 20549
Rule 24f-2 Notice
for
Alliance New Europe Fund, Inc.
1345 Avenue of the Americas
New York, New York 10105.
under the
Investment Company Act of 1940
File No. 33-37848
(i) Fiscal period for which this Notice is filed:
August 1, 1994 through July 31, 1995
(ii) Number or amount of securities of the same class or
series, if any, which had been registered under the
Securities Act of 1933 other than pursuant to Rule 24f-2
under the Investment Company Act of 1940 (the "Act") but
which remained unsold at the beginning of such fiscal
period:
3,920,049
(iii) Number or amount of securities, if any, registered during
such fiscal period other than pursuant to Rule 24f-2:
369,910
(iv) Number or amount of securities sold during such fiscal
period:
2,820,602
(v) Number or amount of securities sold during such fiscal
period in reliance upon Rule 24f-2:
O*
Exhibit: None
____________________
* No filing fee is required as no shares are being registered
pursuant to Rule 24f-2.
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SIGNATURE
___________
Pursuant to the requirements of Rule 24f-2 under the
Investment Company Act of 1940, Alliance New Europe Fund, Inc.
has duly caused this Rule 24f-2 Notice to be signed on its behalf
by the undersigned, hereunto duly authorized, in the City of New
York and the State of New York, on the 19th day of September
1995.
Alliance New Europe Fund, Inc.
By /s/ Domenick Pugliese
______________________________
Domenick Pugliese
Assistant Secretary
00250059.AQ4
