STRONG CONSERVATIVE EQUITY FUNDS INC
N-18F1, 1995-11-30
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                    SECURITIES AND EXCHANGE COMMISSION
                        Washington, D.C.  20549

                             FORM N-18F-1

                 NOTIFICATION OF ELECTION PURSUANT TO 
                             RULE 18f-1 
               UNDER THE INVESTMENT COMPANY ACT OF 1940.


               STRONG CONSERVATIVE EQUITY FUNDS, INC.
                      Exact Name of Registrant


                      NOTIFICATION OF ELECTION

The undersigned registered open-end investment company hereby notifies the 
Securities and Exchange Commission that it elects to commit itself to pay in 
cash all redemptions by a shareholder of record as provided by Rule 18f-1 
under the Investment Company Act of 1940.  It is understood that this election
is irrevocable while such Rule is in effect unless the Commission by order 
upon application permits the withdrawal of this Notification of Election.


                             SIGNATURE

Pursuant to the requirements of Rule 18f-1 under the Investment Company Act 
of 1940, the registrant has caused this notification of election to be duly 
executed on its behalf in the Village of Menomonee Falls and the state of 
Wisconsin on the 30th day of November, 1995.	


STRONG CONSERVATIVE EQUITY	FUNDS, INC.
(Name of Registrant)


By:  /s/ Ronald A. Neville		
	   	Ronald A. Neville, Treasurer
	

Attest:  /s/ Ann E. Oglanian		
		       Ann E. Oglanian, Secretary





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