DEC 9 1968

LOOMIS LABORATORY
SEVENTEEN MILLER AVENUE
CAMBRIDGE, MASS. U.S.A. 02140
KIRKLAND 7-0265

4 December 1968

Dr. Henry A. Kissinger
Harvard University
Cambridge, Mass

Dear Dr. Kissinger,

Could I have fifteen minutes of your time to tell a
'New' alphabet, of utmost simplicity and clarity,
whose symbols for the present ABCs are now known
the world over, - available for a World auxilairy language?

To the Enlisted Personnel, it would bring safety, and
efficiency. They are entheustiac, and adopted by them,
they would spread it to the world by using it for their
own benefit- preading English and Literacy, at a speed
never dreamed possible.

(Learnable in an hour by You, the Deaf, the Blind, it
brings them back to real mingling with all- ALL to ALL.
And neither cost nor effort- no Committees or Chairmen-
the Petty officers would teach it. FDR called me to
his home when he wanted Enlisted information.)

Have talked Shakespeare on Harvard radio a couple of
times; have put on a sketch by Yale students, of
Shakespeare and his friends in an impromptu performance of
'As You Like It; have been asked to take part at Loeb
several times. (Tell this that it may not be thought
one of the freshmen trying to instruct the Faculty.)

Interest shown in the Personnel by the new administration
would do much to ease the feeling of those who felt
their lives were being risked with nothing to gain.
And restless soldiers are more difficult than students.

A note would be appreciated- for I am away a good deal.

Sincerely,

GENERAL

KISSINGER, HENRY A.

THE WHITE HOUSE
WASHINGTON

October 20-

Mr. Kissinger:

Lord Chalfont, an old friend of yours, is doing a television program for the BBC on nuclear strategy and SALT. He would like to speak with you, either privately or as a TV interview whichever way you preferred.

He would like to talk with you about this before you make your decision.

He will be away Thursday, but home on Friday and would like for you to call him then. He doesn't mind if you call him as late in the evening as 8:00 or 9:00 p.m. our time (but 5:00 or 6:00 would probably be best).

Telephone in London: 352-1063

Julie

(He is planning to be in Washington for this show November 6 - 9, but would change his plans for you.)

HTV LIMITED 99 BAKER STREET LONDON W1M 2AJ TELEPHONE 01-486 4311 TELEX 264 357 HTV LONDON

The Hon Henry Kissinger
The White House
Washington DC

10th January 1972

Dear Henry,

First of all, my best wishes for your trip to China with the President of which I regard you as the architect.

This is just a note to say that a colleague of mine in television, John Morgan, may be getting in touch with you about the possibility of an interview. He is a very experienced interviewer and maker of documentaries all over the world, having started out with the BBC Panorama team some years ago now. He has also written political columns in the New Statesman and elsewhere.

I would be most grateful if you could give him a sympathetic hearing. I emphasised to him that I was sure you would not wish to discuss current political and domestic issues but it would be fascinating if you could talk about your views on history and the direction human affairs are likely to take over the next quarter of a century.

I may get down to Washington towards the end of March. This time I will give you plenty of warning and I hope we can have a good talk.

Harlech

Directors: Rt. Hon. Lord Harlech, P.C., K.C.M.G., Chairman, A. J. Gorard, Managing Director, J. Aeron-Thomas, Stanley Baker, W. G. Beloe.
Sir Frederic Bennett, M.P., Richard Burton, C.B.E., W. F. Cartwright, D.L., J. E. C. Clarke, A. T. Davies, Q.C., A. R. Edwards, Sir Geraint Evans, C.B.E.,
M. Geraldo, W. A. Hawkins, T. Hoseason-Brown, J. James, A. Llywelyn-Williams, G. E. McWatters, Lady E. J. Parry-Williams G. H. Sylvester, C.B.E.,
E. L. Thomas, W. Vaughan-Thomas, R. W. Wordley, Sales Director.

GENERAL

ND 20

CO 160

THE WHITE HOUSE KISSINGER, HENRY A./L*
WASHINGTON

April 22, 1971

Dear Wayland:

It was good of you to write and call my attention to
the Pugwash meeting this summer on tactical nuclear
arms limitation. We had heard that such a meeting
will occur and are looking into the details. I was
also interested to learn about the likelihood of a
statement by European Social Democratic parties
regarding the handling of tactical nuclear issues as
part of MBFR and a possible European security
conference. We, of course, are following these
matters closely.

It is hard to believe that Louise is ready to be on
her own. I would like to think that I had done her
some good, but hope at least that I have not done
her any harm. Please give my fond good wishes to
her.

Lord Kennet
100 Bayswater Road
London W.2.
England

DISPATCHED 4/23/71 VIA S/S POUCH {RB}

RECEIVED
APR 26 1971
GENERAL FILES

KISSINGER, HENRY A.

NOV 26 1979

Dear Wayland:

Thank you for your letter of November 15. It was good to hear from you although I am distressed to know that you have had health problems. I hope that the warnings the pain would recur have proven false. I am pleased, however, that you were well taken care of, and have made sure that your special mention of Dr. Shoup is entered in his permanent service record.

They may not have let you do writing as profound as you might have liked, but I always take you seriously, and appreciated your sending me a copy of your article from the trip. Your writing is, as usual, clear and perceptive.

Please give my best to the family. I have no plans at the moment to be in England, but look forward to seeing all of you again soon.

Lord Kennet
100 Bayswater Road
London W2
England

jlp:11/24/71

23 ST JAMES'S PLACE
LONDON SW1
TELEPHONE HYDE PARK 6110

KISSINGER, HENRY A.

22nd October, 1970

Personal

Dear Dr. Kissinger,

Two people, Ernst van der Beugel and Professor Nadav Safran, have suggested it might be of interest for us to have a chat. In case you not completely tied up, I shall be in Washington from midday on Thursday, 19th November until the evening of Saturday, 21st November. The only engagement I have is from 6.00 p.m. - 7.00 p.m. on the 21st November.

If you think it might be worth our having a chat - and there may be two quite separate reasons - please cable me c/o Ritchie, Aspetco, New York (or Apeecable, New York if the message is transmitted outside office hours), who will know my movements from the beginning of November. Alternatively, you could leave a message for me at the Sheraton-Carlton Hotel, Washington D.C., which I should get on my arrival.

ES

RECEIVED
DEC 1 1970
CENTRAL FILES

KISSINGER, HENRY A.

KISSINGER, HENRY A.

John A. Lorden

Oberammergau, 4 December 1972

Dear Henry,

This is the time of the year when greetings and wishes circulate and when one might even consider to impose on your valuable time.

I don't have to tell you of the great interest with which we follow not only your great national and international role which will be part of our national history, but also the rise of Henry, a man we knew so well.

Enclosed is a copy of an appealing German cartoon. Your extensive collecting service may have shown it to you already. In later years, in retrospect, you might be interested in a selection of significant cartoons depicting your career. They might find a place in a biography interpreted in a later vane.

Has the card mailed to you at the occasion of a pleasant evening at the von Wachter home, when George Springer was the guest of honor, reached you? We recalled the good old days when we all were so much younger. George was crossing Europe, on his way home after a three months' stay on some Pacific islands. Here he met his daughter and his girl friend. They all had a wonderful time. George was apparently unaware that he had caught a tropical liver ailment. He passed away in a NY hospital without ever reaching Albuquerque again. I know that you maintained fairly close contact and you might be informed of this tragedy. Still considering that George was divorced, there might not have been a channel to let you know. It certainly was a shock to all of us who have known his delightfully scintillating and warmhearted personality.

Dear Henry; as a man who circles the globe as though it were but a ping pong ball - not a political reference! - your way might lead you again to the Arabella House in Munich; then, why don't you give me a call. Come and breathe the still fairly unpoluted air of Oberammergau!

All the best to you. Good luck and, most of all, good health!

Happy New Year wishes you

France
6220 Neuilly Sur Seine
48 rue Bonlevard du Gal Lecierre
M. Michel Lorderess

Henry A. Klaasger
Personal Secretary to
Julienne L. Piness

Sincerely,

thanks you for taking the time to write.
invest in this kind of memorabilia, put he
Mr. Klaasger does not feel that he wants to
with the letter you own sent by Prince Metter-
appreciated your thinking of him in connection
reasons to your letter of November 14. He
Mr. Klaasger asked me to write to you in

Dear M. Lorderess,

November 29, 1975

KISSINGER, HENRY A.

official
(Type of request)

5/26/70
(Date received)

jlp'
(By)

Student group
(Last name and pending date)

KISSINGER, HENRY A.

To:
From:

Name: Group of 9 high school seniors from Los Altos High School, Calif.

Request: Nine high school students accompanied by two faculty members, were elected by the student body of their high school to come to Washington to see Congressmen, Senators, and Mr. Kissinger, if possible, to talk about the things concerning students these days. They are representative of the whole student body and their trip here is subsidized by money raised in many and varied fund-raising projects done by the students. They are non-aggressive, non-hostile, intelligent kids, about to enter college, and vitally concerned. Not all of them need see Mr. Kissinger if 9 is too large a number. They would be pleased with 15 minutes. They are planning to be here through Thursday, but might extend if by so doing they could see Mr. K.

(Contact through jlp)

DRY's Recommendation: stuff

HAK's Answer:

Date and Time:

Party Contacted:

Additional Information:

Resolution: Larry Brand and me received

RECEIVED

MAY 27 1970

CENTRAL FILES

KISSINGER, HENRY A.

CAPITAL RESEARCH AND MANAGEMENT COMPANY

611 West Sixth Street, Los Angeles, California 90017 • Telephone (213) 624-2780

JON B. LOVELACE, JR.
President

May 23, 1969

The Honorable Henry A. Kissinger
Assistant for National Security Affairs
Department of State
Washington, D. C. 20520

Dear Henry:

I appreciated your note of April 7, sent to me in Geneva, and
regret that my letter to you was delayed and that your office
had such difficulty in trying to reach me in Wilmington.

As I read the newspapers and hear the television accounts of your
activities, I realize fully that whether or not the reporting is
accurate, the time and responsibility pressures on you are immense.
However, I am sure you also know that it is always a pleasure for
me to have a chance to visit with you and hopefully I can periodi-
cally provide insights from another vantage point that may prove
of value to you in responding to these responsibilities.

To that end, I am writing to let you know that I expect to be in
Washington on Monday, June 9, and Wednesday, June 11. It is
likely that I shall have some free time during the afternoon of
either of those days and could meet with you if there should be
any opening in your schedule. I would appreciate your office let-
ting me know if either date is a possibility.

With best wishes for the maintenance of sanity in the quest for
effective solutions to extremely complex problems,

Sincerely,

P.S. Please say hello to Bob Haldeman; because of this Eastern
trip, I have just had to decline an invitation to attend
a luncheon here on June 13, at which he will be the speaker.

KISSINGER, HENRY A.

April 7, 1969

Mr. Jon B. Lovelace Jr.
Capital Research Company S. A.
15, Rue Du Cendrier
1201 Geneva, Switzerland

Dear John

I'm terribly sorry I missed you when you were
in town. I didn't receive your letter until the
25th of March. My secretary tried to reach you
several times during the day but was unsuccessful.

My schedule has been unbelievably hectic and
almost impossible to keep up with, yet I would
have loved to see you.

Do call the next time you are in Washington. If
we can't get together, at least we can chat by
phone.

RECEIVED
APR1 2 1969
CENTRAL FILL

THE WHITE HOUSE
WASHINGTON

Sally:

Mr. Lovelace's letter arrived on
March 25 in the afternoon. I tried
and tried to reach him in Wilmington
but was not successful.

Would you want to do a note for
HAK's sig explaining and regretting?

Joan

3-25

Mr. Kissinger:

If you agree, I will attempt to locate Mr. Lovelace
in Wilmington and explain that his letter was just
received.

Joan

Yes

No

October 3, 1969

GENERAL

KISSINGER, HENRY A./L

Dear Henry:

When we were together at dinner in January, shortly prior to
President Nixon's inauguration, we talked about the possibility
of getting together on some occasion later in 1969, either when
I was in Washington or you in California.

Thus far our schedules have not coincided, but I am hopeful
that they may do so when I am in the Baltimore-Washington area
on Monday-Tuesday, October 20-21. With me will be Ken Mathysen-
Gerst, who heads our European operation, Capital International,
and who has developed what many regard as the most effective
investment research organization in Europe. Ken is an American
citizen, of Dutch background, multi-lingual, and particularly
well informed on international economic and political develop-
ments. I think that you would find it interesting and timely
to talk with Ken, I know that he would enjoy the opportunity to
meet you, and of course it would be a particular pleasure for
me to get to visit with you again.

If your schedule allows any flexibility, the Monday, October 20,
date is preferable from my standpoint.

When we talked in January I also mentioned a new international
financial service which we were about to publish. I shall send
to you under separate cover a recent quarterly issue of 'Capital
International Perspective" with the thought that you might find
it of some interest.

With very best personal regards,

Nothing else sent to
Central Files as of 11-20-69
L.W.

GENERAL

F-96-11-11
KISSINGER, HENRY A.
KISSINGER, HENRY A./L*

NOV 29 1971

Dear Jon:

Many thanks for your letter of November 19. I have now missed seeing you twice, when you were in Washington and when I was in California. I can understand how tight your schedule was here and am sure you have concluded from our recent announcements what my days have been like.

When will you be coming back to Washington? We are bound to be in California for a longer stay than our last one during the holiday season. Perhaps that will be the best time for us to get together. Please stay in touch.

jlp:11/29/71

JON LOVELACE, JR.

611 WEST SIXTH STREET
LOS ANGELES, CALIFORNIA 90017

November 19, 1971

Dear Henry:

On Monday of this week I was in Washington, appearing at the SEC hearing on the structure, operation, and regulation of the securities markets, but it was a rush trip and there was no opportunity to give you a call. As you probably know, Don Marron had given testimony at the hearing earlier in the month.

Assuming that you are likely to be in Southern California over the Thanksgiving period, and if your schedule should allow, I would like very much to meet with you. I shall be driving with my family from the Los Angeles area down to La Jolla next Wednesday afternoon, and will be returning to Los Angeles on Saturday, for a dinner engagement. I can be reached here at the office through mid-day Wednesday (213-624-2780), in La Jolla I shall be at 714-459-827, and my home phone is 213-693-5427.

If this is not a good time from your standpoint, perhaps there will be a chance to get together during the Christmas-New Year period, if you are out here then.

With best personal regards,

Dr. Henry A. Kissinger
The White House
Washington, D. C.

GENERAL

KISSINGER, HENRY A

KISSINGER, HENRY A

FEB 2 1972

Dear Jon:

Many thanks for your letter of December 18. I am sorry that the press of business has kept me from replying more promptly, and that it prevented me from seeing you the last time we were in California.

As I am sure you can imagine the past few months have been extraordinarily busy and the next few show no signs of being any lighter. It therefore is simply not possible for me to make appointments outside of my official obligations at this time.

I would like to see you again, and will get in touch when I find time for us to get together.

Mr. Jon Lovelace, Jr.
611 West Sixth Street
Los Angeles, California
90017

jlp:2/2/72

RECEIVED

FEB 3 1972

CENTRAL FILES

JON LOVELACE, JR.

December 18, 1971

Dear Henry:

Thank you very much for your November 29 letter. I realize
fully how complicated your schedule is these days.

You mentioned that your stay in California during the holiday
season is likely to be for a longer period than the previous
trip, and therefore might offer a good time for us to get
together. I will be in Southern California throughout the
holidays, and with a little notice would expect to have reason-
able flexibility in rearranging my schedule to fit yours.

With the increasingly intricate inter-relationships of inter-
national monetary, economic, and political developments, there
may be occasions when I and others in our organization can
provide you with helpful perspectives--our own field trip
schedule within recent weeks has involved a lot of contact not
only between our Geneva and Los Angeles personnel, but also
with various of our associates who have spent considerable
time in Japan and Australia.

As you may recall, our office is downtown in the Crocker Bank
building, and my home is in Whittier. I may be spending a day
or two during the holidays at a place we have in Idyllwild in
the San Jacinto Mountains, which is a lovely spot about 1½ hours
from San Clemente, in the unlikely event that your schedule
might allow that amount of time diversion.

Reference telephone numbers for getting in touch with me are:

Office 213-624-2780
Home 213-693-5427

Idyllwild 714-659-3133

With best regards,

KISSINGER, HENRY A

August 24, 1973

Dr. Henry A. Kissinger
Western White House
San Clemente, California 92676

Dear Henry:

My sincerest congratulations to you, to the Administration, and to our nation with respect to the President's nomination of you to serve as Secretary of State. Your comments in Thursday's press conference with respect to increased bipartisan and Congressional involvement in the planning and execution of foreign policy seem particularly timely and propitious, as does your reference to "a greater institutionalization of foreign policy," a subject I recall our discussing when I visited with you in your office at Harvard in 1968.

Following upon your suggestion of more than two years ago that, should I wish to get in touch with you, I try to do so when you are at the Western White House, I had been planning to contact your office this week. In view of Wednesday's news announcement, I assume it is highly unlikely that you have any time available, but should you have a few minutes to spare during the August 30-September 3 period, I would gladly adapt any of my current plans in order to have a brief visit with you.

You might be interested to know that I have recently taken on two new responsibilities:

(1) As Chairman of the Board of Trustees at Claremont Men's College: One of my objectives in this post will be to expand the international economic and political awareness and exposure of CMC, and also of the whole Claremont complex.

(2) As president of New Perspective Fund, a new mutual fund which is international in scope: I have enclosed the first report to shareholders, with particular reference to the inside front page excerpt from the President's International Economic Report, which tied in so closely with the basic themes of the Fund; incidentally, Bill Eberle was one of the speakers at the first joint Board meeting of this Fund.

I shall contact your office on Monday afternoon with respect to the possibility of an appointment with you. With best wishes for the achievement of excellence in foreign affairs,

RECEIVED

SEP 6 1973

CENTRAL FILES

"With the bold initiatives announced by President Nixon on the evening of 15 August 1971, the post-war economic era came to a close, and a new age began. It is an age in which the United States no longer holds overwhelming dominance in the world economy, and in which the growing interdependence of nations can produce both increasing friction and unprecedented potential for abundance.

That age is still only beginning. As a start toward realizing its full promise, the United States in 1972 and early 1973 made clear its determination to bring about basic reforms in the world's monetary and trading patterns to fit the realities of our time. Further major initiatives will be taken in 1973, both in international negotiations and in seeking legislation to make those negotiations more fruitful."

Excerpt from the International Economic Report of the President, the Annual Report of the Council on International Economic Policy, transmitted to the Congress in March 1973.
Chapter 1, page 1.

New Perspective Fund, Inc.

New Perspective Fund's primary investment objective is long-term growth of capital. The production of future income is a secondary objective. In seeking to achieve these objectives, the Fund focuses on changing international trade relationships. It invests primarily in the stocks of U.S. companies, but has the flexibility, within prescribed limitations, to respond to investment opportunities anywhere in the world.

Contents

2 Letter to Shareholders

6 Some of the Concepts Behind New Perspective Fund

12 The Fund's Investment Adviser

14 Officers, Directors and Advisory Board Members

20 Who Owns New Perspective Fund with You?

23 Investment Portfolio as of March 31, 1973

32 Financial Statements

1

## Fellow Shareholders:

On behalf of New Perspective Fund, we welcome you as one of the more than 35,000 original shareholders of the Fund. As you have probably already heard and read, New Perspective's underwriting in February and March was one of the most successful in mutual fund history, netting $150 million at the initial net asset value of $13.725 per share.

Since this is the first report of the Fund, we have tried to cover a number of important areas. On the following pages, you will find a review of the major concepts behind New Perspective Fund, some information about the Fund's investment adviser, and a photographic introduction to New Perspective's officers and Board members. Although your securities dealer may have discussed some of this information with you, we thought you would find it helpful to have it summarized in this report.

New Perspective Fund's investment portfolio at March 31, 1973 is shown on pages 23 through 31. It reflects the holdings of the Fund after only 14 business days of operation, at which point New Perspective had invested 36% of its assets in the common stocks of 31 companies.

In formulating our initial investment program, we had to make a number of basic decisions. We had to select the companies,

2

industries and countries in which we wanted to make investments, and decide whether it would be most advantageous to concentrate these investments promptly or to build up our positions over a period of time. As you will note, we moved rapidly to take a major position in Energy stocks (15%), with the biggest industry investment in Petroleum (12%). The four largest individual holdings of the Fund all are in the Petroleum industry.

In measuring the Fund's relative progress, we plan to use two indices: (1) the New York Stock Exchange Composite Index, and (2) the World Index, compiled by Capital International S.A., our investment adviser's European affiliate. The World Index reflects the records of the stock markets throughout the world, weighted by relative size. The U.S. component of this index is the NYSE Composite, which currently represents nearly 60% of the entire World Index; the European portion amounts to 22%; Japan 10%; and Canada, Australia and other markets account for the balance.

Between March 13, when the Fund began operations, and March 31, New Perspective's net asset value per share increased from $13.725 to $13.86. During this same brief period, stock prices in the United States and in world markets were generally declining. The New York Stock

3

Exchange Composite Index dropped from 61.31 to 59.58, and the Capital International World Index declined from 134.0 to 131.5.

We are pleased to take this opportunity to tell you about the important addition of a new director and officer, and about the initial composition of the Advisory Board.

Walter P. Stern has been elected a director and will serve as Chairman of the Board of New Perspective Fund, effective May 1. On this date he is joining Capital Research Company, the research subsidiary of the Fund's investment adviser, where he will have senior executive responsibilities. For the past 19 years Mr. Stern had been with Burnham & Co. (now Drexel Burnham & Co., Inc.), where he was Senior Executive Vice President and a member of the Board and of the Executive Committee. He served as the 1971-1972 President of the Financial Analysts Federation, the national association of security analysts.

The Fund's directors have appointed six members to New Perspective's Advisory Board. The directors sought individuals who were knowledgeable about business, economic, financial, political and social conditions, not only in their own countries, but in other parts of the world. The distinguished members of New Perspective's Advisory Board are:

4

## Some of the Concepts Behind
New Perspective Fund

The investment policies of the Fund reflect the belief of its management that world events of the 1970's are setting in motion major new trends which signal significant changes in international, economic, and political relationships. A major premise of the Fund's investment approach is the belief that resulting new trade patterns will generate fresh opportunities for many companies, industries and nations; reduce the potential for others; and in the process will require new investment perspectives.

Most of the Fund's investments will always be in U.S. securities. But it is able to take advantage of opportunities anywhere in the world ... to invest up to one-third of its assets in the securities of companies located outside the United States.

While the U.S. economy has been growing at a healthy rate, in recent years the economies of many other countries have been expanding even more rapidly. So have their securities markets — both in size and liquidity. The total market capitalization (market value per share multiplied by number of shares outstanding) of all the world's listed stocks is in excess of $1,400 billion. Of this amount, more than $500 billion is represented by stocks of companies located outside of the United States.

6

Many individual companies outside the United States have grown dramatically. Five years ago, about 10% of the listed companies having capitalizations in excess of $1 billion were located beyond U.S. boundaries. Today that figure is up to more than 35%. Over 80 companies located outside the U.S. now have stock valued at $1 billion or more.

Since the stock markets of different countries are often moving in different directions, the value of the Fund's shares will not necessarily rise or fall in conjunction with the U.S. stock market.

World trade is accelerating. Most major countries now export a greater proportion of the goods they make and import a greater proportion of the goods they consume than they did 10 years ago.

U.S. trade patterns have changed greatly. At one time, this country did the bulk of its trading with Europe and Latin America. During the past decade, however, its trade with the countries of the Pacific Basin — mainly Japan, Hong Kong, Taiwan and South Korea — has increased tremendously. Today, the U.S. trades as much with these countries as it does with West Germany, the United Kingdom, France, the Netherlands, Italy, Belgium, Spain, Sweden and all of Eastern Europe.

8

The Fund's Investment Adviser

New Perspective Fund's investment portfolio is managed by Capital Research and Management Company, one of the nation's largest, oldest and most successful investment advisory firms. Founded in 1931, the company has grown into an organization international in scope which manages the portfolios of five mutual funds. These funds are: The Investment Company of America, American Mutual Fund, Washington Mutual Investors Fund, AMCAP Fund and New Perspective Fund. Together, their assets total over $2 billion, representing the holdings of more than 250,000 shareholders.

Capital Research and Management Com-
pany's investment research subsidiary, Capital
Research Company, is constantly exploring
investment opportunities throughout the world.
Operating out of research facilities in Los
Angeles, New York and Geneva, Switzerland,
its financial analysts log hundreds of thousands
of miles each year visiting corporations and
talking with their key executives, their competi-
tors, their suppliers, their bankers and their
customers. The analysts also study the eco-
nomic, political and regulatory climate in which
each company operates. The information
gathered by these financial professionals is the
raw material from which the organization's
investment decisions are made.

12

The Capital Research organization has been investing internationally for 20 years. In the past year alone, its people have made research calls on several hundred companies in the U.S. and more than a hundred companies in 20 other countries. As the complexities of investing have increased, Capital Research's entire approach has become internationally oriented. More and more, the company has found it necessary to follow industries on a worldwide basis. Many of them — such as consumer electronics, autos, oils, chemicals, computers and a number of others — have become international industries. Today, in order to understand Zenith or Magnavox, one must understand firms like Matsushita, Sony and Philips'. In order to understand Ford Motor one must understand firms like Toyota and Volkswagen. A significant number of individual companies have become international too. Such corporate giants as IBM, Pfizer, Coca-Cola and Burroughs now derive about half of their incomes from outside the U.S. These trends underscore Capital Research's belief that the ability to make international investment judgments has become vitally important and that New Perspective Fund is an exciting idea whose time has come.

13

Jon B. Lovelace, Jr. (right), President and a Director of New Perspective Fund, is President and a Director of the Fund's investment adviser, Capital Research and Management Company. Ken E. Mathysen-Gerst, a member of the Fund's Advisory Board, is Chairman of the Board of Capital International S.A.

James W. Ratzlaff, a Director and Secretary of the Fund, is a Vice President of New Perspective's investment adviser, Capital Research and Management Company.

15

Flora H. Hurschler, a Director of the Fund, is an importer, exhibitor and distributor of contemporary tapestries from more than 15 countries, principally in Western Europe and Eastern Europe.

J. Christophe Schwarzenbach, a Director of the Fund, is Vice President and a Director of Paschall International Corporation.

17

Sir Peter Allen, a member of the Fund's Advisory Board, is former Chairman of the Board of Imperial Chemical Industries Limited.

Peter Colefax, a Director of the Fund, is a Consultant and Director of Kerr-McGee Corporation and former Chairman of the Board of American Potash & Chemical Corporation.

18

## Who Owns New Perspective Fund with You?

New Perspective Fund is owned by more than 35,000 shareholders, including banks and trust companies, insurance companies, labor unions, corporate retirement plans, hospitals, schools, churches and charities. The Fund's net assets total more than $150 million.

People used to say that mutual funds were only for small investors. This is no longer true. Nearly 20% of the Fund's shares are held in accounts worth over $50,000. We believe that many of these investors were attracted to New Perspective by its unique characteristics and by the assurance which they feel the Fund provides them for achieving their long-term investment objectives.

20

<table><thead><tr><th>Common Stocks</th><th>Number of Shares</th><th>Quoted Market Value</th></tr></thead><tbody><tr><td><strong>Consumer Services</strong></td><td></td><td></td></tr><tr><td>Merchandising — .44%<br>Consumers Distributing<br>Company Limited</td><td>20,000</td><td>$ 660,000</td></tr><tr><td>Restaurants — .28%<br>Host International, Inc.</td><td>20,000</td><td>425,000</td></tr><tr><td></td><td></td><td>1,085,000</td></tr><tr><td><strong>Consumer Products</strong></td><td></td><td></td></tr><tr><td>Beverages — .23%<br>Kirin Brewery Co., Ltd.<br>(American Depository Receipts)</td><td>20,000</td><td>347,500</td></tr><tr><td>Consumer Electrical-Electronic — 4.60%<br>Matsushita Electric Industrial<br>Co., Ltd. (American<br>Depository Receipts)</td><td>60,000</td><td>1,710,000</td></tr><tr><td>Philips' Incandescent Lamp<br>Works Holding Co.</td><td>70,000</td><td>1,408,750</td></tr><tr><td>Sunbeam Corporation</td><td>50,000</td><td>1,337,500</td></tr><tr><td>Zenith Radio Corporation</td><td>60,000</td><td>2,520,000</td></tr></tbody></table>

24

<table><thead><tr><th>Common Stocks</th><th>Number of Shares</th><th>Quoted Market Value</th></tr></thead><tbody><tr><td>Textiles — 1.66%</td><td></td><td></td></tr><tr><td>Burlington Industries, Inc.</td><td>75,000</td><td>$ 2,521,875</td></tr><tr><td></td><td></td><td>9,845,625</td></tr><tr><td colspan="3"><strong>Materials</strong></td></tr><tr><td>Chemicals — 1.43%</td><td></td><td></td></tr><tr><td>Monsanto Company</td><td>40,000</td><td>2,160,000</td></tr><tr><td colspan="3"><strong>Metals: Copper — .47%</strong></td></tr><tr><td>Cyprus Mines Corporation</td><td>7,200</td><td>247,500</td></tr><tr><td>Inspiration Consolidated Copper Company</td><td>9,300</td><td>473,138</td></tr><tr><td colspan="3"><strong>Metals: Gold &amp; Silver — 1.85%</strong></td></tr><tr><td>Homestake Mining Company</td><td>51,700</td><td>1,835,350</td></tr><tr><td>New York and Honduras Rosario Mining Company</td><td>40,000</td><td>965,000</td></tr><tr><td></td><td></td><td>5,680,988</td></tr></tbody></table>

26

<table><thead><tr><th>Common Stocks</th><th>Number of Shares</th><th>Quoted Market Value</th></tr></thead><tbody><tr><td><strong>Energy</strong></td><td></td><td></td></tr><tr><td>Nuclear — 2.39%</td><td></td><td></td></tr><tr><td>Kerr-McGee Corporation</td><td>40,000</td><td>$ 2,890,000</td></tr><tr><td>Ranchers Exploration and Development Corporation§</td><td>30,000</td><td>446,250</td></tr><tr><td>Rio Algom Mines Limited</td><td>10,000</td><td>276,250</td></tr><tr><td>Petroleum — 12.14%</td><td></td><td></td></tr><tr><td>Atlantic Richfield Company</td><td>70,000</td><td>5,460,000</td></tr><tr><td>Marathon Oil Company</td><td>110,000</td><td>3,877,500</td></tr><tr><td>Numac Oil & Gas Ltd.§</td><td>50,000</td><td>962,500</td></tr><tr><td>Standard Oil Company of California</td><td>50,000</td><td>4,218,750</td></tr><tr><td>Texaco Inc.</td><td>100,000</td><td>3,887,500</td></tr><tr><td>Services, Equipment & Construction — .73%</td><td></td><td></td></tr><tr><td>Banister Continental Ltd.§</td><td>40,000</td><td>1,110,000</td></tr><tr><td></td><td></td><td>23,128,750</td></tr></tbody></table>

28

Percent of
Total Net
Assets

1.91% A substantial oil and gas producer. This company is a world leader in the uranium mining and processing industry. Uranium is essential in the development of nuclear energy.

.30 U.S. uranium and copper mine operator.

.18 A prominent Canadian uranium mining company with large ore reserves, which has diversified into specialty steel and copper mining.

3.60 A domestic petroleum company that produces, markets and refines oil. Holds large oil reserves in Prudhoe Bay, Alaska. These reserves are critical to growing U.S. energy requirements. Also controls extensive unexplored lands adjacent to Prudhoe Bay which have promising potential.

2.56 A domestic oil-producing, refining and marketing company which is self-sufficient from its own crude-oil-producing operations. Its large offshore holdings in the Celtic Sea offer attractive exploration potential.

.64 A Canadian oil exploration and production company with interests in the North Sea. Also involved in oil industry contract construction work.

2.78 A major international petroleum company, with annual revenues of more than $6 billion. Has large oil reserves in Saudi Arabia and Indonesia.

2.56 The largest marketer of gasoline in the United States and the second-largest petroleum company in the world, with annual revenues of over $8 billion.

.73 Engaged in all phases of oil and gas pipeline contracting, primarily in Canada.

15.26

29

<table><thead><tr><th>Common Stocks</th><th>Number of Shares</th><th>Quoted Market Value</th></tr></thead><tbody><tr><td><strong>Communications & Information</strong></td><td></td><td></td></tr><tr><td>Consumer Communications — 2.06%</td><td></td><td></td></tr><tr><td>Warner Communications Inc.</td><td>125,000</td><td>$ 3,125,000</td></tr><tr><td>Data Processing — 2.01%</td><td></td><td></td></tr><tr><td>Sperry Rand Corporation</td><td>70,000</td><td>3,045,000</td></tr><tr><td>Other Communications — 2.36%</td><td></td><td></td></tr><tr><td>Communications Satellite Corporation, Series 1</td><td>66,000</td><td>3,580,500</td></tr><tr><td></td><td></td><td>9,750,500</td></tr><tr><td><strong>Transportation</strong></td><td></td><td></td></tr><tr><td>Railroads — 2.05%</td><td></td><td></td></tr><tr><td>Burlington Northern Inc.</td><td>70,000</td><td>3,115,000</td></tr><tr><td></td><td></td><td>3,115,000</td></tr><tr><td><strong>Other Products & Services</strong></td><td></td><td></td></tr><tr><td>Miscellaneous — 1.17%</td><td></td><td></td></tr><tr><td>Other</td><td></td><td>1,773,775</td></tr><tr><td></td><td></td><td>1,773,775</td></tr><tr><td><strong>Total Stocks</strong></td><td></td><td>54,379,638</td></tr><tr><td><strong>Other Assets and Liabilities, Net</strong></td><td></td><td>97,223,607</td></tr><tr><td><strong>Total Net Assets</strong></td><td></td><td>$151,603,245</td></tr></tbody></table>

§ Non-income-producing securities.

30

Notes to Financial Statements

1. The following paragraphs summarize the signifi-
cant accounting policies followed by the Fund
in the preparation of its financial statements:

Investment securities are stated at value
based upon closing sales prices reported on
recognized securities exchanges on March 30,
1973, or, for listed securities having no sales
reported and for unlisted securities, upon
last-reported bid prices on that date.

As is customary in the mutual fund indus-
try, security transactions are accounted for on
the date the securities are purchased or sold.
Interest income is recorded on the accrual
basis. Dividend income is recorded on the ex-
dividend date.

It is the intent of the Fund to qualify for
and elect the tax treatment applicable to
regulated investment companies under the
Internal Revenue Code and to make distribu-
tions to its shareholders of substantially all
its taxable net income and net realized capital
gains on investments. On this basis no pro-
vision for Federal income tax is necessary.

2. The Fund was incorporated on September 5, 1972 and on February 7, 1973 obtained its initial capital of $100,000 from the sale of 7,286 shares of its capital stock at $13.725 to Capital Research and Management Company, the Investment Adviser. Operations commenced on March 13, 1973 upon the initial purchase of investment securities. The Investment Adviser agreed to bear all expenses incurred by the Fund until the conclusion of the initial offering of the Fund's capital stock which terminated on March 13, 1973. The Fund has adopted an accounting year ending September 30.

34

3. The fee of $58,074 for investment advisory services was paid to Capital Research and Management Company (a subsidiary of The Capital Group, Inc.), with which certain officers and directors of the Fund are affiliated. The investment advisory agreement provides for monthly fees computed at the rate of 1/16 of 1% (.75 of 1% per year) for the first $160,000,000 of total net assets; 1/20 of 1% (.60 of 1% per year) on the portion of such assets in excess of $160,000,000 but not exceeding $360,000,000; 1/24 of 1% (.50 of 1% per year) on the portion of such assets in excess of $360,000,000 but not exceeding $600,000,000; and 3/80 of 1% (.45 of 1% per year) on the portion of such assets in excess of $600,000,000.

American Funds Service Company (a subsidiary of The Capital Group, Inc.), with which certain officers and directors of the Fund are affiliated, was paid fees of $78,000 under terms of a contract which provides for transfer agency services to be performed for the Fund on a non-profit basis.

4. Cost of securities purchased during the period March 13, 1973 through March 31, 1973 amounted to the following: United States Treasury Bills, $124,415,957 and investment securities, $53,185,822. Proceeds from securities sold amounted to the following: United States Treasury Bills, $54,892,750.

35

## Report of Independent Accountants

To the Board of Directors and Shareholders of
New Perspective Fund, Inc.

In our opinion, the accompanying statements (appearing on pages 23 through 35) present fairly the financial position of New Perspective Fund, Inc. at March 31, 1973 and the results of its operations for the period then ended, in conformity with generally accepted accounting principles. Our examination of these statements was made in accordance with generally accepted auditing standards and accordingly included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances, including confirmation of securities at March 31, 1973 by certificates obtained directly from the custodian, The Chase Manhattan Bank (National Association), and from brokers with respect to uncompleted securities transactions.

Los Angeles, California

April 26, 1973

This report is not authorized for use as an offer of sale or a solicitation of an offer to buy shares of the Fund unless preceded or accompanied by the Fund's current prospectus, which contains pertinent information about investment objectives, policies, and sales commission.

LITHO IN U.S.A. GP LIT. NO. NPF 13

36

Official -- 12/29/70

LOW (NASA) -- prior to Jan 15, 71

Type of Request & Date

(Last name and pending date)

GENERAL

Name: Dr. George Low, NASA

KISSINGER, HENRY A.

Request: Would like to see Mr. Kissinger prior to January 15th when he departs for Moscow for talks with the Soviets on cooperation in space. He will remain in Moscow for a week.

RSVP: Miss Scrivner -- 13/21271

DRY's Recommendation:

HAK's Answer: Yes - 1/2

Date and Time:

Party Contacted:

Additional Information: He agreed to this before it was put on a list.

Resolution:

THE WHITE HOUSE

WASHINGTON

MEMORANDUM FOR THE RECORD

Dr. Low's appt. changed to 2:30 p.m. on Jan. 12 to accomodate Don Oberdorfer who is writing an article for which he needs to see Mr. Kissinger and must return to Wash. on the afternoon of 1/12.

1/11 - Dr. Low's secretary talked with jlp - a chopper from the Jet Propulsion Laboratory has been set up for him after his appointment with Mr. Kissinger. It will be standing by at the Alternate Landing Pad from 2:45 on. We will be required only to provide transportation from the Compound to the pad.

RECEIVED

JAN 15 1971

CENTRAL FILES