FIRST TRUST SPECIAL SITUATIONS TRUST SERIES 136
497, 1996-03-18
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THE FIRST TRUST (REGISTERED TRADEMARK) SPECIAL SITUATIONS TRUST, SERIES 136

                       MARKET LEADERS GROWTH TRUST

Supplement to the Prospectus dated January 25, 1996

Notwithstanding anything to the contrary in the Prospectus, purchasers
who have indicated their intention to the Sponsor to purchase a minimum
of 50,000 Units of the Trust during the primary offering period will
receive a volume concession of 2.00% of the Public Offering Price per
Unit. In order to receive this volume concession, at least 10,000 Units
must initially be purchased with at least 5,000 Unit increments
thereafter. The selling broker/dealer, bank or other selling agent shall
be responsible for any such reduced sales charge and for ensuring that
the purchaser complies with the terms hereof. In addition, to the extent
a purchaser does not honor the terms of this volume concession, it is
the selling broker/dealer, bank or other selling agent's responsibility
to recover the amount of volume concession from the purchaser.

March 18, 1996




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