Notes to Financial Statements.
November 30, 1994 Alliance Premier Growth Fund NOTE A: Significant Accounting Policies
Alliance Premier Growth Fund, Inc. (the "Fund"), organized as a Maryland corporation on July 9, 1992, is
registered under the Investment Company Act of 1940 as a non-diversified, open- end management investment
company. On February 23, 1993, the creation of a third class of shares, Class C shares, was approved by the
Board of Directors. The Fund offers Class A, Class B and Class C shares. Class A shares are sold with a front-
end sales charge of up to 4.25%. Class B shares are sold with a contingent deferred sales charge which declines
from 4% to zero depending on the period of time the shares are held. Class B shares will automatically convert to
Class A shares six years after the end of the calendar month of purchase. Class C shares are sold without an
initial or contingent deferred sales charge. All three classes of shares have identical voting, dividend, liquidation
and other rights, except that each class bears different distribution expenses and has exclusive voting rights with
respect to its distribution plan. Distribution of Class C shares commenced on May 3, 1993. The following is a
summary of significant accounting policies followed by the Fund.
1. Security Valuation Securities traded on national securities exchanges are valued at the last reported sales price,
or, if no sale occurred, at the mean of the bid and asked price at the close of the New York Stock Exchange.
Over-the-counter securities not traded on national securities exchanges are valued at the closing bid price. Debt
securities are valued at the mean of the bid and asked price except that debt securities maturing within 60 days
are valued at amortized cost which approximates market value. Securities for which current market quotations
are not readily available (including investments which are subject to limitations as to their sale) are valued at their
fair value as determined in good faith by the Board