Supplement, dated December 16, 1997, to the prospectuses, dated
December 1, 1997, of
Seligman Value Fund Series, Inc. (the "Fund")
The following supersedes the information set forth in the
Fund's prospectus under "Purchase of Shares--Contingent Deferred
Sales Load."
For accounts established after January 1, 1998, the CDSL
will be waived or reduced on distributions from a custodial
account under section 403(b)(7) of the Code or an individual
retirement account ("IRA"), due to death, disability, or minimum
distribution requirements after age 70 1/2.
EQ3VAS -12/97
