The utility value of the final vowel-consonant-e phonic generalization was examined using 2,715 common English words. When the vowel was defined as a single-vowel, the consonant as a single-consonant, and the final e as a single-e the generalization was found to be highly useful, contrary to other recent findings. Using the total sample of 2,715 words the utility level of this generalization was 73.7 percent. For a, e, i, o, u and y, it reached the utility levels of 78.9, 67.4, 61.1, 85.6, 78.3, and 100 percent, respectively. The groups which composed the three largest exceptions were (1) a-e = i (as in furnace, damage, and private), (2) e-e = a (as in there), and (3) i-e =i (as in live and captive). Primary level words which are exceptions to the generalization are listed. It is recommended that these words be taught as sight words at the primary level and that groups of exceptions be taught at a later time as the need arises in reading materials. Tables and references are included. (Author/CM)