U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2
Read instructions at end of Form before preparing Form.
Please print or type.
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1. Name and address of issuer:
Panorama Plus Separate Account
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2. Name of each series or class of funds for which this notice is filed:
Panorama Plus Separate Account
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3. Investment Company Act File Number:
811-6530
Securities Act File Number:
33-45122
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4. Last day of fiscal year for which this notice is filed:
December 31, 1995
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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):
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:
None
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8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2:
None
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9. Number and aggregate sale price of securities sold during the fiscal year:
94,060,749
$36,749,351
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10. Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration pursuant to rule 24f-2:
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94,060,749
$36,749,351
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):
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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): $36,749,351
______________________
(ii) Aggregate price of shares issued in connection with
dividend reinvestment plans (from Item 11, if applicable): + ______________________
(iii) Aggregate price of shares redeemed or repurchased during
the fiscal year (if applicable): - $18,447,207
______________________
(iv) Aggregate price of shares redeemed or repurchased and
previously applied as a reduction to filing fees pursuant to
rule 24f-2 (if applicable): + ______________________
(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): $18,302,144
______________________
(vi) Multiplier prescribed by Section 6(b) of the Securities Act
of 1933 or other applicable law or regulation (see
instruction C.6): x 1/2900
______________________
(vii) Fee due [line (i) or line (v) multiplied by line (vi)]: $ 6,311.13
======================
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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 Commissions Rules of Informal
and Other Procedures (17 CFR 202.3a).
[ x ]
Date of mailing or wire transfer of filing fees to the Commission's lockbox
depository:
February 28, 1996
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.
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By (Signature and Title)* /s/ EMELIA M. BRUNO, CONTROLLER
--------------------------------
Emelia M. Bruno, Controller
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Date: February 28, 1996
*Please print the name and title of the signing officer below the signature.
February 28, 1996
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, DC 20549
Re: Rule 24f-2 Notice for Panorama Plus Separate Account
File No. 33-45122
Dear Commissioners:
As Counsel for Panorama Plus Separate Account, (the "Account"), I have examined
the "Rule 24f-2 (the "Notice") for the Account in the form proposed to be filed
with the Securities Exchange Commission. By such Notice, the Account will make
definite the registration of shares of its class of common stock known as the
Account.
It is my opinion that the shares of common stock, the registration which this
Notice makes definite in number, were legally issued, fully paid, and non-
assessable. I have made such examination of law and have examined such records
and documents as I have deemed appropriate in giving this opinion.
I hereby consent to the filing of this opinion as an exhibit to the above-
mentioned Notice.
Very truly yours,
/S/ MICHAEL A. CHONG
Michael A. Chong
