After an introduction, which notes a continued growth in ACTION's programs and provides brief comments on new developments in the major ones, the major content is presented in six topics: (1) International Operations, which gives an account of Peace Corps activities in Africa, Latin America, Asia, Near East, and the Pacific; (2) Domestic Operations, describing such programs as VISTA, Service Learning Programs, University Year, Youth Challenge Program, and others according to 10 regions of the country; (3) International Operations Statistics; (4) Recruitment and Communications; (5) Domestic Operations Statistics; and (6) Financial Statement. Appropriate tables supplement content. (WL)