PRUDENT BEAR FUNDS, INC.
Supplement dated August 12, 1999
to the Class C Shares Prospectus dated November 30, 1998
The following discussion supplements and is in addition to the
discussion under the caption "YEAR 2000" on page 20 of the Class C Shares
Prospectus:
The Prudent Bear Fund, Inc. (the "Fund") has no application
systems of its own and is entirely dependent on its service providers'
systems and software. The Fund is working with its service providers
(including the Adviser (David W. Tice & Associates, Inc.), the
Administrator (Firstar Mutual Fund Services, LLC), its transfer agent
and its custodian) to identify and remedy any Year 2000 issues.
However, the Fund cannot guarantee that all Year 2000 issues will be
identified and remedied, and the failure to successfully identify and
remedy all Year 2000 issues could result in an adverse impact on the
Fund.
