U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and address of issuer: American Skandia Life Assurance Corporation
One Corporate Drive, 10th Floor
Shelton, CT 06484
2. Name of each series or class of funds for which this notice is filed:
Variable Account E
3. Investment Company Act File Number:811-7260
Securities Act File Number: 33-47976
4(a). Last day of fiscal year for which this notice is filed: 12/31/97
4(b). Check box if this Form is being Filed late (i.e., more than 90 calendar
days after the end of the issuer's fiscal year). (See Instruction A.2)
[ ]
Note: If the Form is being filed late, interest must be paid on the
registration fee due.
4(c). Check box if this is the last time the issuer will be filing this Form.
[ ]
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5. Calculation of registration fee:
(i) Aggregate sale price of securities sold
during the fiscal year pursuant to
section 24f: $5,780,854
(ii) Aggregate price of securities redeemed or
repurchased during the fiscal year: $11,156,508
(iii) Aggregate price of securities redeemed or
repurchased during any prior fiscal year
ending no earlier than October 11, 1995
that were not previously used to reduce
registration fees payable to the
commission: $ 0
(iv) Total available redemption credits [add
Items 5(ii) and 5(iii): -$11,156,508
(v) Net sales - if Item 5(I) is greater than
Item 5(iv) [subtract Item 5(iv) from
Item 5(I)]: $___________
(vi) Redemption credits available for use in
future years $(5,375,654)
if Item 5(I) is less than Item 5(iv)
[subtract Item 5(iv) from Item 5(I)]:
(vii) Multiplier for determining registration
fee (See Instruction C.9): x .000295
(viii) Registration fee due [multiply Item 5(v)
by Item 5(vii)] (enter "0" if no fee
is due): = $ 0
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6. Prepaid Shares
If the response to Item 5(i) was determined by deducting an amount of
securities that were registered under the Securities Act of 1933 pursuant
to rule 24e-2 as in effect before October 11, 1997, then report the amount
of securities (number of shares or other units) deducted here: _______. If
there is a number of shares or other units that were registered pursuant to
rule 24e-2 remaining unsold at the end of the fiscal year for which this
form is filed that are available for use by the issuer in future fiscal
years, then state that number here: _______.
7. Interest due - if this Form is being filed more than 90 days after the end
of the issuer's fiscal year (see Instruction D):
+ $----------
8. Total of the amount of the registration fee due plus any interest
due [line 5(viii) plus line 7]:
= $ 0
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9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository:
March 24, 1998
Method of Delivery:
[ ] Wire Transfer
[ ] Mail or other means
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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.
/s/Thomas M. Mazzaferro
Thomas M. Mazzaferro
Executive Vice President and
Chief Financial Officer
March 24, 1998
