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LAW OFFICES
DRINKER BIDDLE & REATH LLP
PHILADELPHIA NATIONAL BANK BUILDING
1345 CHESTNUT STREET
PHILADELPHIA, PA 19107-3496
TELEPHONE: (215) 988-2700
FAX: (215) 988-2757
August 3, 1998
VIA EDGAR TRANSMISSION
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Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, NW
Washington, DC 20549
Re: Excelsior Institutional Trust
File Nos. 33-78264/811-8490
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Ladies and Gentlemen:
On behalf of Excelsior Institutional Trust (the "Trust") and pursuant
to Rule 497(j) under the Securities Act of 1933, as amended (the "1933 Act"), I
hereby certify that the:
a) Prospectus for Institutional Shares of the Equity, Value Equity, Optimum
Growth, Balanced, Income and Total Return Bond Funds dated August 1,
1998;
b) Prospectus for Trust Shares of the Equity, Optimum Growth and Balanced
Funds dated August 1, 1998;
c) Prospectus for Institutional Shares of International Equity Fund dated
August 1, 1998;
d) Prospectus for Trust Shares of International Equity Fund dated August 1,
1998; and
e) Statement of Additional Information for Institutional Shares and Trust
Shares of the Equity, Value Equity, Optimum Growth, Balanced,
International Equity, Income and Total Return Bond Funds dated August
1, 1998
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that would have been filed under paragraph (c) of Rule 497 under the 1933 Act
would not have differed from the Prospectuses and Statement of Additional
Information contained in the Trust's most recent Post-Effective Amendment to its
Registration Statement on Form N-1A under the 1933 Act and the Investment
Company Act of 1940, as amended ("PEA #16"), which was filed on July 29, 1998;
and (ii) the text of PEA #16 has been filed electronically.
Questions and comments concerning this letter may be directed to the
undersigned at (215) 988-2787.
Very truly yours,
/s/ Cori Daggett
Cori Daggett
cc: Daniel A. Moonay, Esq.
