U.S. SECURITIES AND EXCHANGE COMMISSION
                Washington, D.C.  20594

                      FORM 24F-2
          ANNUAL NOTICE OF SECURITIES SOLD
                PURSUANT TO RULE 24F-2

READ INSTRUCTIONS AT END OF FORM BEFORE PREPARING FORM.
PLEASE PRINT OR TYPE.

1.      NAME AND ADDRESS OF ISSUER:
        The Investment Company of America
        333 South Hope Street
        Los Angeles, CA 90071

2.      NAME OF EACH SERIES OR CLASS OF FUNDS FOR WHICH THIS NOTICE IS FILED
        (if the Form is being filed for all series and classes of securities of
        the issuer, check the box but do not list series or classes:     X

3.      INVESTMENT COMPANY ACT FILE NUMBER:    811-116
        SECURITIES ACT FILE NUMBER:  2-10811

4(A).   LAST DAY OF FISCAL YEAR FOR WHICH THIS FORM IS FILED:
        December 31, 2001

4(B).   CHECK BOX IF THIS NOTICE IS BEING FILED LATE (I.E., MORE THAN 90
        CALENDAR DAYS AFTER THE END OF THE ISSUER'S FISCAL YEAR).  (SEE
        INSTRUCTION A.2)

        NOTE: IF THE FORM IS BEING FILED LATE, INTEREST MUST BE PAID ON THE
        REGISTRATION FEE DUE.

4(C).   _ CHECK BOX IF THIS IS THE LAST TIME THE ISSUER WILL BE FILING THIS
        FORM.

5.      CALCULATION OF REGISTRATION FEE:

(i)     Aggregate sale price of securities sold during the
        fiscal year pursuant to section 24(f):                $10,282,795,000

(ii)    Aggregate price of securities redeemed or
        repurchased during the fiscal year:                    $5,746,063,000

(iii)   Aggregate price of securities redeemed or
        repurchased during any prior fiscal year ending
        no earlier than October 11, 1995 that were not
        previously used to reduce registration fees
        payable to the Commission:                                          $

(iv)    Total available redemption credits [add
        items 5(ii) and 5(iii):                                $5,746,063,000

(v)     Net sales -- if Item 5(i) is greater than
        Item 5(iv) [subtract Item 5(iv) from Item 5(i)]:       $4,536,732,000

(vi)    Redemption credits available for use in future
        years if item 5(i) is less than Item 5(iv)
        [subtract Item 5(iv) from Item 5(i)]:                         $(     )

(vii)   Multiplier for determining registration fee
        (See Instruction C.9):                                       X.000092

(viii)  Registration fee due [multiply Item 5(v) by
        Item 5(vii)] (enter "0" if no fee is due):                   $417,379

6.      PREPAID SHARES
        If the response to item 5(i) was determined by deducting an amount of
        securities that were registered under the Securities Act of 1933
        pursuant to rule 24e-2 as in effect before [effective date of
        rescission of rule 24e-2], then report the amount of securities (number
        of shares or other units) deducted here: __________ If there is a
        number of shares or other units that were registered pursuant to rule
        24e-2 remaining unsold at the end of the fiscal year for which this
        form is filed that are available for use by the issuer in future fiscal
        years, then state that number here:_________

7.      Interest due -- if this Form is being filed more than 90 days after the
        end of the issuer's fiscal year (see Instruction D): +$_______

8.      Total of the amount of the registration fee due plus any interest due
        [line 5(viiii) plus line 7]: =$417,379

9.      Date the registration fee and any interest payment was sent to the
        Commission's lockbox depository:

        CIK # 51931     March 4, 2002

        Method of delivery:

              X Wire transfer
              _ Mail or other means SIGNATURES

This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.

By (Signature and Title)* /s/ Vincent P. Corti
                          Vincent P. Corti
                          Secretary

 Date March 4, 2002

 * Please print the name and title of the signing officer below the signature.