We discuss limit distributions for hitting-time functions of certain
exceptional families of asymptotically rare events for ergodic probability
preserving transformations. The abstract core is an inducing argument. The
latter applies, for example, to shrinking intervals around periodic points
(both uniformly expanding and neutral) of certain finite measure preserving
interval maps. In particular, we give a complete answer to a question raised in
[FFTV].Comment: 12 pages, minor correction