Texas Capital Value Funds, Inc.
Supplement to the Prospectus and Statement of Additional information
dated November 30th, 1997.
1. The dates of the Prospectus and Statement of additional information
are hereby amended to read January 31st, 1998.
2. The Fund's counsel has been changed from Jim H. Ellis Esq. to
Kirkpatrick & Lockhart LLP. The prospectus is hereby amended to read:
COUNSEL
Kirkpatrick & Lockhart LLP
1800 Massachusetts Avenue, N.W.
2nd Floor
Washington D.C. 20036-1800
3. The fund's prospectus has been changed to include the Roth IRA under
the heading on page 13 "Retirement Plans". The prospectus is hereby
amended to read:
Simplified Employee Pension Plan (SEP/IRA) and the Roth IRA. The
Company also offers a simplified employee pension ("SEP") plan for
employers, including self-employed individuals who wish to purchase
Fund shares with tax-deductible contributions. Contributions to a SEP
are generally allowed to be much higher that a Traditional IRA. The
Company also offers the Roth IRA and Roth Conversion IRA. Please
consult your personal tax adviser before making an investment using
these plans.
February 19th, 1998
