The moment release rate in the Kodiak Island (KI) segment increased prior to the great 1964 Prince William Sound earthquake (Mw=9.2). Starting in 1983 the moment release rate in the Shumagin Island (SI) segment shows a similar increase. In July 1990, an outer-rise reverse earthquake showed arc-normal compression at a depth of 42 km seaward of the Alaska Peninsula (AP) segment. Because accelerating moment release and arc-normal compression have both seen proposed as precursors to large and great earthquakes, we suggest this is evidence that the Si-AP region is nearing the end of the seismic cycle between large thrust earthquakes. ¿ American Geophysical Union 1992