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As filed with the Securities and Exchange Commission
On October 4, 1996
File No. 33-37848
Securities and Exchange Commission
Washington, D.C. 20549
_________________________________________
FORM N-1A
REGISTRATION STATEMENT UNDER TO SECURITIES ACT OF 1933
Pre-Effective Amendment No.
Post-Effective Amendment No. 16
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
Amendment No. 11
_________________________________________
ALLIANCE NEW EUROPE FUND, INC.
(Exact Name of Registrant as Specified in Charter)
1345 Avenue of the Americas, New York, N.Y. 10105
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code:
(800) 22l-5672
_________________________________________
EDMUND P. BERGAN, JR.
1345 Avenue of the Americas, New York, N.Y. 10105
(Name and address of Agent for Service)
_________________________________________
Calculation of Registration Fee:
Proposed Proposed
Title of Maximum Maximum
Securities Offering Aggregate Amount of
Being Amount Being Price Offering Registration
Registered Registered Per Share * Price ** Fee
__________ ____________ _____________ __________ _____________
Capital 3,678,075 $16.14 $290,000 $100.00
Stock .01
par value
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* Estimated solely for the purpose of determining the
amount of the registration fee based on the maximum offering
price per share of the fatal Registrants common stock on
September 19, 1996.
** The calculation of the maximum aggregate offering price
is made pursuant to Rule 24e-2(a} under the Investment Company
Act of 1940 and is based on the following: the total amount of
securities redeemed or repurchased during the fiscal year ended
July 31, 1996 was 3,653,177, of which none was previously used
for reduction pursuant to Rule 24f-2 or Rule 24e-2 (a) and
3,653,177 of which are being so used for such reduction in this
Amendment.
It is proposed that this filing will become effective (check
appropriate box)
X immediately upon filing pursuant to paragraph (b)
___ on (date) pursuant to paragraph (b
___ 60 days after filing pursuant to paragraph (a)(1)
___ on (date) pursuant to paragraph (a)(1).
___ 75 days after filing pursuant to paragraph (a)(2)
___ on [date) pursuant to paragraph (a)(2) of Rule 485.
EXHIBIT: Opinion of Seward & Kissel
2
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SIGNATURE
Pursuant to the requirements of the Securities Act of 1933 as
amended and the Investment Company Act of 1940 as amended, the
Registrant certifies that it meets all of the requirements for
effectiveness of this Amendment to its Registration Statement
pursuant to Rule 485(b) under the Securities Act of 1933 and has
duly caused this Amendment to its Registration Statement 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 27th day of September, 1996.
ALLIANCE NEW EUROPE FUND, INC.
by \s\John D. Carifa
___________________________________
John D. Carifa Chairman
Pursuant to the requirements of the Securities Act of 1933,
this Amendment to the Registration Statement has been signed
below by the following persons in the capacities and on the dates
indicated:
Signature Title Date
_________ ______ ____
1) Principal Executive Officer
\s\John D. Carifa Chairman September 27, 1996
__________________
John D. Carifa
2) Principal Financial and Chairman
Accounting Officer
\s\Mark D. Gersten Treasurer September 27, 1996
___________________
Mark D. Gersten
3) A Majority of the Directors
John D. Carifa
David H. Dievler
John H. Dobkin
W.H. Henderson
Stig Host
3
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Richard M. Lilly
Alan Stoga
John C. West
Robert C. White
by \s\Edmund P. Bergen September 27, 1996
______________________
(Attorney-in-fact)
Edmund P. Bergan, Jr.
4
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