August 18, 1998 Securities and Exchange Commission Judiciary Plaza 450 Fifth Street, N.W. Washington, D.C. 20549 Re: Premier Laser Systems, Inc. Registration Statement on Form S-4 Filed March 10, 1998 File Number 333-47705 --------------------- Ladies and Gentlemen: Pursuant to Rule 477 under the Securities Act of 1933, as amended, Premier Laser Systems, Inc. (the "Company") hereby applies for the withdrawal of its previously filed Registration Statement on Form S-4 (File No. 333-47705) (the "Registration Statement") relating to its common stock. Due to the unavailability of its financial statements, the Company will not be able to proceed with the exchange offering of such shares as contemplated by the Registration Statement. It requests that the Securities and Exchange Commission consent to this application on the grounds that withdrawal of the Registration Statement is consistent with Securities and Exchange Commission August 18, 1998 Page 2 the public interest and the protection of investors, as contemplated by paragraph (a) of said Rule 477. Sincerely, PREMIER LASER SYSTEMS, INC. By: /s/ CHARLES J. OLSON ------------------------- Name: Charles J. Olson Title: Chief Financial Officer cc: Dr. Colette Cozean, Ph.D. William J. Simpson, Esq.