FIRSTAR SELECT REIT-PLUS FUND
Supplement Dated September 25, 2000
to Prospectus Dated August 1, 2000
At a meeting held on August 15, 2000, the Board of Trustees of the
Firstar Select Trust (the "Trust") approved an Agreement and Plan of
Reorganization between the Trust and Firstar Funds, Inc. ("Firstar Funds"). The
Agreement and Plan of Reorganization, which provides for the reorganization of
the Firstar Select REIT-Plus Fund (the "Fund") into Firstar Funds, will also be
submitted to a vote of the Shareholders of the Trust at a meeting to be held on
or about November 8, 2000. If the Agreement and Plan of Reorganization is
approved by shareholders, and certain other conditions are satisfied, the assets
and liabilities of the Fund will be transferred to a similar portfolio of
Firstar Funds, and the shareholders of the Fund will become shareholders of the
similar portfolio of Firstar Funds. A proxy statement with respect to the
proposed reorganization will be mailed to shareholders in advance of the
meeting. If the Agreement and Plan of Reorganization is approved by
shareholders, it is expected that the reorganization will occur in mid to late
November 2000.
