CORRECTION IN FILING REQUIREMENTS FOR CLAIMING BLUE CHIP EXEMPTION IN SOUTH DAKOTA

July 25, 1990 TO: UNIT INVESTMENT TRUST MEMBERS NO. 53-90 RE: CORRECTION IN FILING REQUIREMENTS FOR CLAIMING BLUE CHIP EXEMPTION IN SOUTH DAKOTA __________________________________________________________ It has been brought to our attention that there is an error in the information first published with respect to the documents a unit investment trust must file to claim the blue chip exemption in South Dakota. (See Memorandum to Unit Investment Trust Members No. 34-90, dated June 12, 1990.) Rule 20:08:06:22 of the South Dakota Codified Law specifies that a qualified unit investment trust must file 2 copies of the completed blue chip exemption form, a self-addressed stamped envelope and the specified $150 fee in order to claim the exemption. A financial statement need not be filed by a unit investment trust. A copy of the relevant rule is attached. Susan S. Burgess Legal Assistant Attachment