WORLD INVESTMENT SERIES INC
N-18F1, 1994-02-04
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                     SECURITIES AND EXCHANGE COMMISSION
                                            
                            WASHINGTON, DC 20549
                                            
                                            
                                            
                                            
                                FORM N-18F-1
                                            
                                            
                                            
               Notification of Election Pursuant to Rule 18f
                                            
                  Under the Investment Company Act of 1940
                                            
                                            
                                            
                                            
                       WORLD INVESTMENT SERIES, 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 City of Pittsburgh and the Commonwealth 
 of Pennsylvania on the 4th day of February, 1994.
 
 
 
 WORLD INVESTMENT SERIES, INC.
 (Name of Registrant)
 
 
 
 By: /s/Byron F. Bowman
     Byron F. Bowman
     Assistant Secretary
     Attorney in Fact
     for John F. Donahue,
     Chairman and Director
     February 4, 1994
 



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