Texas Capital Value Funds, Inc.
Supplement to the Prospectus and Statement of Additional information
dated January 31st, 1998.
1. The sales charge footnote on page 9 is hereby amended to read:
*On purchases by a single purchaser aggregating $1 million or more, the
investor will not pay an initial sales charge, and the Fund's adviser will pay
authorized dealer the lesser of 1% or $15,000. On such purchases, a contingent
deferred sales charge of 1% is levied on redemptions occurring within 1 year of
the initial investment.
February 19th, 1998
