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SIGNATURE JOSEPH P. CARUSONE
TITLE ASST. VICE PRESIDENT
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ALLIANCE NEW EUROPE FUND, INC.
N-SAR
77.I)
In 1996, the Fund issued a new class of shares, Adviser Class shares.
Adviser Class shares, along with Class A, Class B, Class C shares each
represent an interest in the same portfolio of investments of the
Fund, have the same rights and are identical in all respects, except
that (i) Class A shares bear the expense of the initial sales charge
(or contingent deferred sales charge, when applicable) and Class B and
Class C shares bear the expense of the deferred sales charge, (ii)
Class B shares and Class C shares each bear the expense of a higher
distribution services fee than that borne by Class A shares, and
Advisor Class shares do not bear such a fee, (iii) Class B and Class C
shares bear higher transfer agency costs than that borne by Class A
and Advisor Class shares; (iv) each of Class A, Class B and Class C
has exclusive voting rights with respect to provisions of the Rule
12b-1 Plan pursuant to which its distribution services fee is paid and
other matters for which separate class voting is appropriate under
applicable law, provided that, if the Fund submits to a vote of the
Class A shareholders, an amendment to the Rule 12b-1 Plan that would
materially increase the amount to be paid thereunder with respect to
the Class A shares, then such amendment will also be submitted to the
Class B and Advisor Class shareholders and the Class A, the Class B
and the Advisor Class shareholders will vote separately by class; and
(v) Class B and Advisor Class shares are subject to a conversion
feature. Each class has different exchange privileges and certain
different shareholder service options available.
77.Q1
(1)(a) Copy of Amended and restated Articles of Incorporation
of the Registrant - Incorporated by reference (filed as Exhibit 1
to Post-Effective Amendment No. 16 of Registration Statement on
Form N-1A, filed October 31, 1997 - File Nos. 33-37848 and
811-6028).
(2) Copy of Amended By-Laws of the Registrant - Incorporated by
reference (filed as Exhibit 2 to Post-Effective Amendment No. 16 of
Registration Statement on Form N-1A, filed October 31, 1997 - File
Nos. 33-37848 and 811-6028).
(5) Copy of Advisory Agreement, as amended, between the Registrant
and Alliance Capital Management L.P. - Incorporated by reference
(filed as Exhibit 5 to Post-Effective Amendment No. 16 of
Registration Statement on Form N-1A, filed October 31, 1997 -
File Nos. 33-37848 and 811-6028).