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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000930413-03-003022.txt : 20031016
<SEC-HEADER>0000930413-03-003022.hdr.sgml : 20031016
<ACCEPTANCE-DATETIME>20031016154522
ACCESSION NUMBER:		0000930413-03-003022
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20031016
EFFECTIVENESS DATE:		20031016

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COLLEGE RETIREMENT EQUITIES FUND
		CENTRAL INDEX KEY:			0000777535
		IRS NUMBER:				136022042
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-04415
		FILM NUMBER:		03943879

	BUSINESS ADDRESS:	
		STREET 1:		730 THIRD AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2129164905

	MAIL ADDRESS:	
		STREET 1:		730 THIRD AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>c29602_defa14a.txt
<TEXT>

                              IMPORTANT INFORMATION
                       REGARDING THE CREF PROXY STATEMENT

Due to an  administrative  error,  the order of the  proposals in the CREF proxy
ballot is different than the order of the proposals in the CREF proxy statement.
When voting, please follow the descriptions given in the ballot, rather than the
order presented in the proxy statement. The correct order to vote is as follows:

PROPOSAL I--to divest from gold mining
(printed as proposal IV in proxy statement)

PROPOSAL II--to separate CEO and Chairman positions
(printed as proposal I in proxy statement)

PROPOSAL  III--to  report on the adoption of the Conference  Board  Commission's
recommendations (printed as proposal II in proxy statement)

PROPOSAL IV--to revive policyholder nominating process
(printed as proposal III in proxy statement)

PROPOSAL  V--to stop investing in companies  supporting gun control  (printed as
proposal V in proxy statement)

PROPOSAL VI--to divest from tobacco investments
(printed as proposal VI in proxy statement)


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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