Rule 497(j)
File No. 33-91770
File No. 811-9038
October 7, 1996
VIA EDGAR
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Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: The Olstein Funds
CIK No. 0000944690
Ladies and Gentlemen:
On behalf of The Olstein Funds (the "Fund") and pursuant to Rule
497(j) under the Securities Act of 1933, the undersigned hereby
certifies that the form of Prospectus and Statement of Additional
Information that would have been filed under paragraph (b) or (c) of
Rule 497 would not have differed from that contained in Post-Effective
Amendment No. 2 to the Fund's Registration Statement on Form N-1A as
filed electronically on September 30, 1996.
All questions and comments regarding this filing should be
addressed to the undersigned at Rodney Square Management Corporation,
Rodney Square North, 1100 North Market Street, Wilmington, Delaware
19890-0001, phone number: (302) 651-8408.
Sincerely,
/s/ Molly Graham
Molly Graham
Senior Fund Administrator
