REPORT DIGEST

UNIVERSITY OF ILLINOIS ALUMNI ASSOCIATION

FINANCIAL AUDIT
For the Year Ended:
June 30, 1997

Release Date:
January 29, 1998

State of Illinois
Office of the Auditor General

WILLIAM G. HOLLAND
AUDITOR GENERAL

Iles Park Plaza
740 E. Ash Street
Springfield, IL 62703
(217) 782-6046

AUDITORS' OPINION

Our auditors stated the Alumni Association's June 30, 1997 financial statements are presented fairly.

____________________________________
WILLIAM G. HOLLAND, Auditor General

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SPECIAL ASSISTANT AUDITORS

Our special assistant auditors were Geo. S. Olive & Co., LLP.