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KEMPER FINANCIAL SERVICES INTRODUCES KEMPER RETIREMENT FUND, SERIES IV

 CHICAGO, Jan. 20 /PRNewswire/ -- Responding to the critical need for more adequate retirement planning among Americans, Kemper Financial Services, Inc. (KFS) has introduced the Kemper Retirement Fund, Series IV, a mutual fund designed to provide individuals with a very secure means of funding their retirement while taking advantage of high return opportunities available from the stock market.
 Kemper Retirement Fund, Series IV will seek long-term capital growth with a guaranteed return of the original investment on the maturity date (Feb. 15, 2003) to investors who reinvest all dividends and hold their shares to that date.
 "The Fund will invest in both stocks and bonds," said Bill Chapman, KFS executive vice president. "Investment in U.S. Government Zero Coupon Bonds provides the guarantee to investors, and while investing in the stock market, the Fund will also be able to take advantage of some long-term capital growth opportunities."
 "One of the most important reasons Americans invest is for retirement. The Kemper Retirement Fund series has been designed to help investors prepare for their retirement with the assurance that their original investment will be protected at maturity," Chapman said. "At the same time, we don't want their genuine concerns about safety to cause them to miss out on opportunities from the stock market, which has historically provided excellent performance over the long term."
 The Kemper Retirement Fund began in 1990 with the introduction of Series I. The success of the first Series led to the introduction of Series II and III. Collectively, these funds have more than $430 million in assets. Each fund is an open-end mutual fund, but is available to investors for a limited time only.
 "The Fund is an excellent choice for investors who have received a lump-sum distribution from a company retirement plan and would like to invest for long-term growth. It is also a way to consolidate IRAs and company retirement plans," Chapman said.
 The government guarantee of U.S. Government Bonds at maturity does not guarantee the shares of the Fund. Shares will fluctuate in market value prior to maturity as market conditions change. Also, there can be no guarantee regarding the performance of stocks in the Fund.
 Minimum investment for the Kemper Retirement Fund, Series IV is $1,000, or $250 for an employee benefit plan Individual Retirement Account (IRA). Other features include the ability to exchange into any of the other Kemper Mutual Funds at net asset value (without sales charge), and redemption of shares on any business day at the then current net asset value, which may be more or less than the original cost. The exchange privilege is subject to modification, suspension or termination and to limitations described in the prospectus.
 Kemper Financial Services is a one of the nation's largest money managers. Together with its affiliates, KFS manages more than $68 billion in assets.
 -0- 1/20/93
 /CONTACT: Margaret Rozen, 312-499-1801, or Steve Radis, 312-499-8393, both for Kemper Financial Services/


CO: Kemper Financial Services, Inc. ST: Illinois IN: FIN SU: PDT

PS -- NY007 -- 6711 01/20/93 08:09 EST
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Date:Jan 20, 1993
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