THURLOW FUNDS INC
497, 2000-04-20
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                             THE THURLOW FUNDS, INC.

Supplement dated April 19, 2000 to
Prospectus dated October 31, 1999



          The following discussion  supplements the discussion under the caption
"MANAGEMENT OF THE FUND" on page 6 of the Prospectus:

          1. On March 17,  2000,  the  shareholders  of the Fund  approved a new
Investment  Advisory  Agreement  that  will  take  effect  on July 1,  2000.  In
connection with the new Investment Advisory Agreement,  the following discussion
supplements the discussion on page 6 of the Prospectus:

          Pursuant to the new Investment Advisory Agreement,  the Fund will
     pay the Adviser an annual  investment  advisory  fee equal to 1.90% of
     its average net  assets.  In  addition,  the new  Investment  Advisory
     Agreement provides that the Adviser will bear all expenses of the Fund
     except  the  Adviser's  fee,  all  federal,  state  and  local  taxes,
     interest, brokerage commissions,  reimbursement payments to securities
     lenders for dividend and interest  payments on  securities  sold short
     and extraordinary items (including extraordinary litigation expenses).

          Also,  effective July 1, 2000, the Service and Distribution  Plan
     will be terminated. From and after July 1, 2000, the Adviser will bear
     the cost of all sales and promotional expenses of the Fund.

          2. Effective April 17, 2000, the address of the Adviser is:

                 3212 Jefferson Street #416
                 Napa, California 94558-3436

                                      * * *


          Shareholders  who  have  questions  concerning  the Fund  should  call
1-888-848-7569 or write to:

     The Thurlow Funds, Inc.
     Attention:  Secretary
     1256 Forest Avenue
     Palo Alto, California 94301



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