OPPENHEIMER INTERNATIONAL GROWTH FUND
497, 2000-08-22
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                    OPPENHEIMER INTERNATIONAL GROWTH FUND
                   Supplement dated August 23, 2000 to the
                         Prospectus dated March 15, 2000

The Prospectus is changed as follows:

1.    The section of the  Prospectus  entitled  "Which Class of Shares  Should
      You  Choose?"  is  revised  by adding  the  following  to the  paragraph
      captioned "How Do Share Classes  Affect  Payments to my Broker?" on page
      16:

         The Distributor will use its own resources to pay participating dealers
         of record an extra commission of 0.50% on the total value of qualifying
         sales of (i) Class A shares of the Fund that are  subject to an initial
         sales  charge,  (ii)  Class A shares  of the Fund  that are sold at net
         asset value if purchased  using the proceeds of shares  redeemed in the
         prior 30 days from a mutual  fund  (other  than a fund  managed  by the
         Manager or any of its subsidiaries) on which an initial sales charge or
         contingent  deferred sales charge was paid; the Distributor may require
         evidence of qualification  for this sales charge waiver; or (iii) Class
         B shares of the Fund. Such sales must occur between  September 18, 2000
         and December 31, 2000 to qualify for extra commissions.


August 23, 2000                                            PS0825.007



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