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SAFECO
SAFECO ASSET MANAGEMENT COMPANY
SAFECO PLAZA
SEATTLE, WASHINGTON 98185
CERTIFICATION UNDER RULE 497(j)
May 2, 1996
VIA ELECTRONIC FILING
Securities and Exchange Commission
450 5th Street, NW
Washington, D.C. 20549
Re: SAFECO Institutional Series Trust
1933 Act File No. 33-47859
1940 Act File No. 811-6667
Dear Sir or Madam:
Pursuant to paragraph (j) of Rule 497 of Regulation C, under the
Securities Act of 1933, as amended, in lieu of filing under
paragraph (c) of Rule 497, I hereby certify that the form of
Prospectus and Statement of Additional Information dated April
29, 1996 for the above-captioned registrant that would have been
filed under paragraph (c) of Rule 497 does not differ from that
contained in the most recent amendment to the registration
statement and the text of the most recent registration statement
was filed electronically on April 29, 1996.
Sincerely,
/s/ Lizbeth A. Englund
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Lizbeth A. Englund
Counsel
