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VANGUARD REAL ESTATE FUND II REVISES OPERATING RESULTS

 VALLEY FORGE, Pa., Sept. 8 /PRNewswire/ -- Vanguard Real Estate Fund II (AMEX: VRT) today reported revised operating results for the three and six months ended June 30, 1993.
 The net income figure for the three months ended June 30, 1993, originally reported as $744,000 or $.11 per share has been revised downward to $588,000 or $.09 per share. For the six-month period, previously reported net income of $130,000 or $.02 per share has been revised to a net loss of $26,000. The revised figures include $156,000 of interest expense that was incurred in the second quarter but previously unrecorded.
 -0- 9/8/93
 /CONTACT: Jeffrey S. Molitor of The Vanguard Group, 215-669-6303/
 (VRT)


CO: Vanguard Real Estate Fund II ST: Pennsylvania IN: FIN SU:

MP-MK -- PH006 -- 9665 09/08/93 09:23 EDT
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Publication:PR Newswire
Date:Sep 8, 1993
Words:138
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