JP MORGAN SERIES TRUST
497, 1998-06-11
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J.P. Morgan Series Trust
Supplement dated June 11, 1998, as applicable to the following Prospectus:

J.P. Morgan California Bond Fund, dated March 2, 1998

The following  supersedes  and replaces the  information  under  MANAGEMENT  AND
ADMINISTRATION on page 9:

Shareholder services       0.25% of the funds average net assets




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