MEMORANDUM

                             FT 286
                       File No. 333-63359
     
     The Prospectus and the Indenture filed with Amendment No.  2
of  the  Registration Statement on Form S-6 have been revised  to
reflect information regarding the execution of the Indenture  and
the  deposit of Securities on February 18, 1999 and to set  forth
certain statistical data based thereon.  In addition, there are a
number of other changes described below.


                         THE PROSPECTUS

Cover Page     The date of the Trust has been added.

Page 3         The following information for the Trust appears:

               The   Aggregate  Value  of  Securities   initially
               deposited have been added.

               The initial number of units of the Trust

               Sales charge

               The  Public  Offering Price per  Unit  as  of  the
               business day before the Initial Date of Deposit

               The Mandatory Termination Date has been added.

Page 5         The Report of Independent Auditors has been
               completed.

Page 6         The Statement of Net Assets have been completed.

Page 7         The Schedule of Investments have been completed.

Back Cover     The date of the Prospectus has been included.


 THE TRUST AGREEMENT AND STANDARD TERMS AND CONDITIONS OF TRUST

               The  Trust Agreement has been conformed to reflect
               the execution thereof.

                                    CHAPMAN AND CUTLER

February 18, 1999