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***************************************************
                                                            
                 Before the
     FEDERAL COMMUNICATIONS COMMISSION
          Washington, D.C.  20554

                              )
In the Matter of                   )
                              )
Price Cap Performance Review       )    CC
Docket No. 94-1
for Local Exchange Carriers             )
                              )
Access Charge Reform               )    CC
Docket No. 96-262
                              ) 


                  ERRATA 

                                                  Released:
June 6, 1997


     1.  On May 21, 1997, the Commission released a
Fourth Report and Order in CC Docket No. 94-1 revising the
system of price cap regulation applicable to local exchange
carriers.  We now correct the following errors made in the
text of the Fourth Report and Order.

     2.  The sixth sentence of paragraph 179 is revised to
read as follows:

          Accordingly, we require each
          price cap LEC to adjust the PCIs
          for its common line, traffic
          sensitive, and trunking baskets,
          effective July 1, 1997, to the
          levels for the 1997-98 tariff year
          that would have been in effect
          had we adopted the 6.5 percent
          X-Factor in time to become
          effective with the LECs' 1996annual tariff filings.
 
     3.  The dates in paragraph 191 are corrected to read as
follows:

               191.  We hereby direct
          price cap LECs to file tariffs
          making adjustments to their rates
          to reflect the revisions to the
          price cap plan we adopt in this
          Order.  Any carriers making
          only rate reductions must file
          their tariff revisions no later
          than June 24, 1997, to take
          effect July 1, 1997.  Other
          LECs must file their tariff
          revisions no later than June 16,
          1997.  We also direct price cap
          LECs to file revised tariff
          review plans (TRPs) containing
          adjustments to their PCIs, APIs,
          and SBIs no later than June 2,
          1997.

     4.  Paragraph 197 is corrected to read as follows:

               197.  IT IS FURTHER
          ORDERED that the provisions
          in this Order will be effective
          June 16, 1997.  We find good
          cause under 5 U.S.C. 
          553(d)(3) to make the rules
          effective less than thirty days
          after publication, because the
          local exchange carriers subject
          to price cap regulation must file
          tariffs by June 16, in order for
          them to be effective on July 1,
          1997, as required by Section
          69.3 of the Commission's rules,
          47 C.F.R.  69.3.  In addition,
          to ensure that the local exchange
          carriers subject to price cap
          regulation have actual notice of
          these rules immediately
          following their release, we are
          serving those entities by
          certified, first class mail.




                         FEDERAL
COMMUNICATIONS COMMISSION




                         Regina M. Keeney
                         Chief, Common Carrier
Bureau