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                            SCHEDULE 14A INFORMATION

                Proxy Statement Pursuant to Section 14(a) of the
                        Securities Exchange Act of 1934
                               (Amendment No. __)

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            T. Rowe Price New America Growth Fund 002-99122/811-4358
             T. Rowe Price Equity Series, Inc. 033-52161/811-07143
                          New America Growth Portfolio
       _________________________________________________________________
                (Name of Registrant as Specified in its Charter)

            T. Rowe Price New America Growth Fund 002-99122/811-4358
             T. Rowe Price Equity Series, Inc. 033-52161/811-07143
                          New America Growth Portfolio
        _______________________________________________________________
                   (Name of Person(s) Filing Proxy Statement)

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