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CAPSTONE FIXED INCOME SERIES, INC.
CERTIFICATION
The undersigned, President of Capstone Fixed Income Series, Inc.,
a Maryland corporation (the "Funds"), hereby certifies that:
(a) The forms of Prospectus and Statement of Additional
Information that would have been filed pursuant to Rule
497(c) of the Securities Act of 1933, as amended, would not
have differed from that contained in Post-Effective
Amendment No. 48 to the Registration Statement of the Funds.
(b) The text of Post-Effective Amendment No. 48 to the
Registration Statement of the Funds has been filed
electronically.
IN WITNESS WHEREOF, the undersigned has signed and delivered this
Certification as of the 29th day of April, 1996.
/s/EDWARD L. JAROSKI
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Edward L. Jaroski
President