<DOCUMENT>
<TYPE>EX-1.E
<SEQUENCE>2
<FILENAME>d708996_ex-1e.txt
<DESCRIPTION>CERTIFICATION
<TEXT>
                  ALLIANCE NATIONAL MUNICIPAL INCOME FUND, INC.
                  ---------------------------------------------

                            CERTIFICATE OF CORRECTION


THIS IS TO CERTIFY THAT:

          Alliance National Municipal Income Fund, Inc., a Maryland corporation
(hereinafter called the "Corporation"), hereby certifies to the State Department
of Assessments and Taxation of Maryland that:

          FIRST: The title of the document being corrected is Articles
Supplementary.

          SECOND: The Corporation is the only party to the Articles
Supplementary.

          THIRD: The Articles Supplementary were filed on March 22, 2002.

          FOURTH: The provision of the Articles Supplementary which is to be
corrected is Appendix A, Section 1(e), which currently reads as follows:

     (e) MOODY'S ELIGIBLE ASSET shall mean cash, Receivables for Municipal
Obligations Sold or a Municipal Obligation that (i) pays interest in cash, (ii)
is publicly rated Baa or higher by Moody's or, if not rated by Moody's but rated
by S&P, is rated at least BBB by S&P provided, however, that for purposes of
determining the Moody's Discount Factor applicable to any such S&P-rated
Municipal Obligation, such Municipal Obligation (including any short-term
Municipal Obligation) shall be deemed to have a Moody's rating that is one full
rating category lower than its S&P Rating (iii) does not have its Moody's
rating, as applicable, suspended by Moody's, and (iii) is part of an issue of
Municipal Obligations of at least $10,000,000. Municipal Obligations issued by
any one issuer and rated BBB by S&P may comprise no more than 4% of total
Moody's Eligible Assets; such BBB-rated Municipal Obligations, if any, together
with any Municipal Obligations issued by the same issuer and rated Baa by
Moody's or A by S&P, may comprise no more than 6% of total Moody's Eligible
Assets; such BBB, Baa and A-rated Municipal Obligations, if any, together with
any Municipal Obligations issued by the same issuer and rated A by Moody's or AA
by S&P, may comprise no more than 10% of total Moody's Eligible Assets; and such
BBB, Baa, A and AA-rated Municipal Obligations, if any, together with any
Municipal Obligations issued by the same issuer and rated Aa by Moody's or AAA
by S&P, may comprise no more than 20% of total Moody's Eligible Assets. For
purposes of the foregoing sentence, any Municipal Obligation backed by the
guaranty, letter of credit or insurance issued by a third party shall be deemed
to be issued by such third party if the issuance of such third party credit is
the sole determinant of the rating on such Municipal Obligation. Municipal
Obligations issued by issuers located within a single state or territory and
rated BBB by S&P may comprise no more than 12% of total Moody's Eligible Assets;
such BBB-rated Municipal Obligations, if any, together with any Municipal
Obligations issued by issuers located within a single state or territory and
rated Baa by Moody's or A by S&P, may comprise no more than 20% of total Moody's
Eligible Assets; such BBB, Baa and A-rated Municipal Obligations, if any,
together with any Municipal Obligations issued by issuers located within the
same state or territory and rated A by Moody's or AA by S&P, may comprise no
more than 40% of total Moody's Eligible Assets; and such BBB, Baa, A and
AA-rated Municipal Obligations, if any, together with any Municipal Obligations
issued by issuers located within the same state or territory and rated Aa by
Moody's or AAA by S&P, may comprise no more than 60% of total Moody's Eligible
Assets. For purposes of this definition, a Municipal Obligation shall be deemed
to be rated BBB by S&P if rated BBB-, BBB or BBB+ by S&P. When the Corporation
sells a Municipal Obligation and agrees to repurchase such Municipal Obligation
at a future date, such Municipal Obligation shall be valued at its Discounted
Value for purposes of determining Moody's Eligible Assets, and the amount of the
repurchase price of such Municipal Obligation shall be included as a liability
for purposes of calculating the Preferred Shares Basic Maintenance Amount. When
the Corporation purchases a Moody's Eligible Asset and agrees to sell it at a
future date, such Eligible Asset shall be valued at the amount of cash to be
received by the Corporation upon such future date, provided that the
counterparty to the transaction has a long-term debt rating of at least A2 from
Moody's and the transaction has a term of no more than 30 days, otherwise such
Eligible Asset shall be valued at the Discounted Value of such Eligible Asset.

     Notwithstanding the foregoing, an asset will not be considered a Moody's
Eligible Asset to the extent it is (i) subject to any material lien, mortgage,
pledge, security interest or security agreement of any kind (collectively,
"Liens"), except for (a) Liens which are being contested in good faith by
appropriate proceedings and which Moody's has indicated to the Corporation will
not affect the status of such asset as a Moody's Eligible Asset, (b) Liens for
taxes that are not then due and payable or that can be paid thereafter without
penalty, (c) Liens to secure payment for services rendered or cash advanced to
the Corporation by Alliance Capital Management L.P., State Street Bank & Trust
Company or the Auction Agent and (d) Liens by virtue of any repurchase
agreement; or (ii) deposited irrevocably for the payment of any liabilities for
purposes of determining the Preferred Shares Basic Maintenance Amount.

     For the purposes of determining Moody's Eligible Assets, the following
diversification guidelines apply:

--------------------------------------------------------------------------------
                                                   Maximum        Max State or
           Minimum     Maximum      Maximum Type   County         Territory
           Issuer      Underlying   Concentration  Concentration  Concentration
Rating     Size        Obligor      (%)(3)(4)      (%)(1)(5)      (%)(1)(5)
           ($ m1n)     (%)(1)
--------------------------------------------------------------------------------
Aaa        10          100          100            100            100
Aa         10          20           60             60             60
A          10          10           40             40             40
Baa        10          6            20             20             20
Other(2)   10          4            12             12             12

(1)  The referenced percentages represent maximum cumulative totals for the
     related rating category and each lower rating category.
(2)  State municipal bonds and Municipal Obligations not rated by Moody's but
     rated BBB or BBB+ by S&P.
(3)  Does not apply to general obligations bonds.
(4)  In no event shall: (a) more than 10% of Moody's Eligible Assets consist of
     student loan issues
(5)  Applicable to general obligation bonds only.
(6)  Does not apply to state Municipal Bonds. Territorial bonds (other than
     those issued by Puerto Rico and counted collectively) are each limited to
     10% of Moody's Eligible Assets. For diversification purposes, Puerto Rico
     will be treated as a state.


          FIFTH: The provision set forth above is corrected as follows:


     (e) MOODY'S ELIGIBLE ASSET shall mean cash, Receivables for Municipal
Obligations Sold or a Municipal Obligation that (i) pays interest in cash, (ii)
is publicly rated Baa or higher by Moody's or, if not rated by Moody's but rated
by S&P, is rated at least BBB by S&P provided, however, that for purposes of
determining the Moody's Discount Factor applicable to any such S&P-rated
Municipal Obligation, such Municipal Obligation (including any short-term
Municipal Obligation) shall be deemed to have a Moody's rating that is one full
rating category lower than its S&P Rating (iii) does not have its Moody's
rating, as applicable, suspended by Moody's, and (iii) is part of an issue of
Municipal Obligations of at least $10,000,000. Except for general obligations,
Municipal Obligations issued by any one issuer and rated BBB or lower by S&P, Ba
or B by Moody's or not rated by S&P and Moody's (Other Securities) may comprise
no more than 4% of total Moody's Eligible Assets; such Other Securities, if any,
together with any Municipal Obligations issued by the same issuer and rated Baa
by Moody's or A by S&P, may comprise no more than 6% of total Moody's Eligible
Assets; such Other Securities, Baa and A-rated Municipal Obligations, if any,
together with any Municipal Obligations issued by the same issuer and rated A by
Moody's or AA by S&P, may comprise no more than 10% of total Moody's Eligible
Assets; and such Other Securities, Baa, A and AA-rated Municipal Obligations, if
any, together with any Municipal Obligations issued by the same issuer and rated
Aa by Moody's or AAA by S&P, may comprise no more than 20% of total Moody's
Eligible Assets. For purposes of the foregoing sentence, any Municipal
Obligation backed by the guaranty, letter of credit or insurance issued by a
third party shall be deemed to be issued by such third party if the issuance of
such third party credit is the sole determinant of the rating on such Municipal
Obligation. Municipal Obligations issued by issuers located within a single
state or territory and rated BBB by S&P may comprise no more than 12% of total
Moody's Eligible Assets; such BBB-rated Municipal Obligations, if any, together
with any Municipal Obligations issued by issuers located within a single state
or territory and rated Baa by Moody's or A by S&P, may comprise no more than 20%
of total Moody's Eligible Assets; such BBB, Baa and A-rated Municipal
Obligations, if any, together with any Municipal Obligations issued by issuers
located within the same state or territory and rated A by Moody's or AA by S&P,
may comprise no more than 40% of total Moody's Eligible Assets; and such BBB,
Baa, A and AA-rated Municipal Obligations, if any, together with any Municipal
Obligations issued by issuers located within the same state or territory and
rated Aa by Moody's or AAA by S&P, may comprise no more than 60% of total
Moody's Eligible Assets. For purposes of this definition, a Municipal Obligation
shall be deemed to be rated BBB by S&P if rated BBB-, BBB or BBB+ by S&P.
Notwithstanding any other provision of this definition, (A) in the case of
general obligation Municipal Obligations only, Other Securities issued by
issuers located within any one county may comprise no more than 4% of Moody's
Eligible Assets; such Other Securities, if any, together with any Municipal
Obligations issued by issuers located within the same county and rated Baa by
Moody's or A by S&P, may comprise no more than 6% of Moody's Eligible Assets;
such Other Securities, Baa and A-rated Municipal Obligations, if any, together
with any Municipal Obligations issued by issuers located within the same county
and rated A by Moody's or AA by S&P, may comprise no more than 10% of Moody's
Eligible Assets; and such Other Securities, Baa, A and AA-rated Municipal
Obligations, if any, together with any Municipal Obligations issued by issuers
located within the same county and rated Aa by Moody's or AAA by S&P, may
comprise no more than 20% of Moody's Eligible Assets; and (B) in no event may
(i) student loan Municipal Obligations comprise more than 10% of Moody's
Eligible Assets; (ii) resource recovery Municipal Obligations comprise more than
10% of Moody's Eligible Assets; and (iii) Other Issues comprise more than 10% of
Moody's Eligible Assets. For purposes of applying the foregoing requirements, a
Municipal Obligation rated BBB- by S&P shall not be considered to be rated BBB
by S&P, Moody's Eligible Assets shall be calculated without including cash, and
Municipal Obligations rated MIG-1, VMIG-1 or P-1 or, if not rated by Moody's,
rated A-1+/AA or SP-1+/AA by S&P, shall be considered to have a long-term rating
of A. When the Corporation sells a Municipal Obligation and agrees to repurchase
such Municipal Obligation at a future date, such Municipal Obligation shall be
valued at its Discounted Value for purposes of determining Moody's Eligible
Assets, and the amount of the repurchase price of such Municipal Obligation
shall be included as a liability for purposes of calculating the Preferred
Shares Basic Maintenance Amount. When the Corporation purchases a Moody's
Eligible Asset and agrees to sell it at a future date, such Eligible Asset shall
be valued at the amount of cash to be received by the Corporation upon such
future date, provided that the counterparty to the transaction has a long-term
debt rating of at least A2 from Moody's and the transaction has a term of no
more than 30 days, otherwise such Eligible Asset shall be valued at the
Discounted Value of such Eligible Asset.

     Notwithstanding the foregoing, an asset will not be considered a Moody's
Eligible Asset to the extent it is (i) subject to any material lien, mortgage,
pledge, security interest or security agreement of any kind (collectively,
"Liens"), except for (a) Liens which are being contested in good faith by
appropriate proceedings and which Moody's has indicated to the Corporation will
not affect the status of such asset as a Moody's Eligible Asset, (b) Liens for
taxes that are not then due and payable or that can be paid thereafter without
penalty, (c) Liens to secure payment for services rendered or cash advanced to
the Corporation by Alliance Capital Management L.P., State Street Bank & Trust
Company or the Auction Agent and (d) Liens by virtue of any repurchase
agreement; or (ii) deposited irrevocably for the payment of any liabilities for
purposes of determining the Preferred Shares Basic Maintenance Amount.

     For the purposes of determining Moody's Eligible Assets, the following
diversification guidelines apply:

--------------------------------------------------------------------------------
                                                 Maximum County   Max State or
          Minimum     Maximum     Maximum Type   Concentration    Territory
          Issuer      Underlying  Concentration  (%)(1)(5)        Concentration
Rating    Size        Obligor     (%)(3)(4)                       (%)(1)(5)
          ($ m1n)     (%)(1)
--------------------------------------------------------------------------------
Aaa       10          100         100            100              100
Aa        10          20          60             60               60
A         10          10          40             40               40
Baa       10          6           20             20               20
Other(2)  10          4           12             12               12

(1)  The referenced percentages represent maximum cumulative totals for the
     related rating category and each lower rating category.
(2)  State municipal bonds and Municipal Obligations not rated by Moody's but
     rated BBB or BBB+ by S&P.
(3)  Does not apply to general obligations bonds.
(4)  In no event shall: (a) more than 10% of Moody's Eligible Assets consist of
     student loan issues
(5)  Applicable to general obligation bonds only.
(6)  Does not apply to state Municipal Bonds. Territorial bonds (other than
     those issued by Puerto Rico and counted collectively) are each limited to
     10% of Moody's Eligible Assets. For diversification purposes, Puerto Rico
     will be treated as a state.


          SIXTH: The undersigned President acknowledges this Certificate of
Correction to be the corporate act of the Corporation and further, as to all
matters or facts required to be verified under oath, the undersigned President
acknowledges, that to the best of his knowledge, information and belief, the
matters and facts set forth herein are true in all material respects and that
this statement is made under the penalties for perjury.


<PAGE>

          IN WITNESS WHEREOF, the Corporation has caused this Certificate of
Correction to be executed by its President and attested by its Secretary as of
this ____ day of March, 2002.





                                 ALLIANCE NATIONAL MUNICIPAL INCOME FUND, INC.


                                 By:  ____________________(SEAL)
                                      John D. Carifa
                                      President
ATTEST:



------------------------
Edmund P. Bergan, Jr.
Secretary




00250.209 #313266
</TEXT>
</DOCUMENT>
