Style Select Series, Inc.
Supplement to the Prospectus dated March 1, 1999
On February 18, 1999, the Board of Directors of Style Select
Series, Inc., approved certain changes to the Large-Cap
Blend Portfolio (the "Portfolio") which will take effect on
April 1, 1999. The current Advisers to the Portfolio,
Lazard Asset Management, Morgan Stanley Dean Witter
Investment Management and T. Rowe Price Associates, Inc.
will be replaced by SunAmerica Asset Management Corp.
("SAAMCo") and Marsico Capital Management, LLC ("Marsico")
as investment managers of the Portfolio. Additionally, the
name of the Portfolio will be changed to the Focused Growth
and Income Portfolio.
The Portfolio will continue to seek long-term growth of
capital and a reasonable level of current income by
investing generally in equity securities of large-sized
companies. Marsico and SAAMCo will each manage
approximately one half of the Portfolio's assets and
concentrate each portion's investments in 45 or fewer
securities emphasizing a growth and income strategy.
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The fourth paragraph on page 38 of the Prospectus under the
subheading "International Equity Portfolio" is supplemented
with the following information:
On November 30, 1998, Bankers Trust Corporation, the parent
company of Bankers Trust Company ("BT"), entered into an
Agreement and Plan of Merger with Deutsche Bank A.G. whereby
Bankers Trust Corporation and all of its subsidiaries,
including BT, will merge with and into a subsidiary of
Deutsche Bank A.G. Deutsche Bank A.G. is a major global
banking institution that is engaged in a wide range of
financial services, including retail and commercial banking,
investment banking and insurance. The closing of the merger
is expected to occur sometime during 1999 and is contingent
upon various regulatory, shareholder and board approvals.
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The first paragraph on page 40 of the Prospectus under the
subheading "Aggressive Growth Portfolio" is supplemented
with the following information:
On February 15, 1999, Warburg Pincus Asset Management, Inc.
("Warburg Pincus") and Credit Suisse Group announced that
they entered into an agreement whereby Credit Suisse Asset
Management will acquire Warburg Pincus. Credit Suisse Group
is a global financial services company, providing a
comprehensive range of banking and insurance products.
Credit Suisse Asset Management is the institutional asset
management and mutual fund arm of Credit Suisse Group.
Under the terms of the agreement, no immediate changes are
planned for Warburg Pincus investment portfolio managers and
investment professionals. The closing of the merger is
expected to occur sometime during 1999 and is contingent
upon various regulatory, shareholder and board approvals.
DATED: March 3, 1999
