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T. ROWE PRICE
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Health Sciences Fund, Inc.
Supplement to prospectus dated May 1, 1997
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Effective February 18, 1998, the paragraph entitled Portfolio
Management on page 15 of the prospectus will be replaced with the
following:
The fund has an Investment Advisory Committee comprising the
following members:
Brian D. Stansky, Chairman, Andrew K. Bhak, Kris H. Jenner,
Charles G. Pepin, Darrell M. Riley, Brian C. Rogers, and Michael
F. Sola. The committee chairman has day-to-day responsibility for
managing the fund and works with the committee in developing and
executing the fund's investment program. Mr. Stansky became
chairman of the fund's committee in February 1998. As chairman
of the T. Rowe Price Media & Telecommunications Fund's committee
as well as a member of the Investment Advisory Committees of the
T. Rowe Price Capital Opportunity Fund, Inc., T. Rowe Price New
Horizons Fund, Inc., and T. Rowe Price Science & Technology Fund,
Inc., Mr. Stansky has been managing investments since 1996. He
joined T. Rowe Price in 1989 as an investment analyst.
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The date of this supplement is February 18, 1998.
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F10-041 02/18/98
