  Recent BABAR and Belle results on rare B decays involving photons or lepton
pairs are reviewed. New preliminary limits from both experiments for B-->rho
gamma and B-->omega gamma, and from BABAR for B --> K nu nu and B --> tau nu
are presented. Also summarized from the past year are Belle measurements of
B-->Xs l+l- and B0-->K2(1430) gamma, preliminary BABAR measurements of B-->Xs
gamma, and preliminary results from BABAR and Belle on B-->K(*)l+l-. No
significant deviations from Standard Model predictions have yet been found.
