The SEPICA sensor on ACE has apparently suffered a valve failure in the isobutane system that provides proportional counter gas to one of its three sensors. Nominal valve operation suddenly ceased on February 13 and the pressure in this sensor decayed to zero. Subsequent attempts to open the valve have been unsuccessful; the most likely explanation is that the valve has failed in a closed position. The valves on the other two counters are now being operated in an open position, with the pressure regulated by the outflow through the calibrated leaks of the counters. These sensors are both performing nominally. In the meantime, laboratory testing of a fourth valve on the ground is continuing. Although all three SEPICA sensors measure charge states over the same energy interval, the sensor that failed has a smaller aperture and higher resolution than the other two. Data from this sensor obtained during the large solar events of last November will be used to help calibrate the response of the two lower-resolution sensors, thereby allowing the extraction of more detailed information from these sensors during future events. Overall, SEPICA will still provide average charge state measurements with much greater sensitivity and statistical accuracy than in the past, allowing ACE to meet its scientific objectives. The remaining eight instruments on ACE all continue to operate nominally. The ACE Science Center (ASC) has processed and delivered data to the instrument teams through March 31st, 1998. The Flight Operations Team reports that the third mission station-keeping maneuver was successfully executed last week. A test was also performed that verified the operation of Sun Sensor B. All spacecraft subsystems are performing as expected.