[TYPE] 497
[DESCRIPTION] Cover
July 3, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: T. Rowe Price Diversified Small-Cap Growth Fund, Inc.
File Number: 811-08203/333-26323
Ladies and Gentlemen:
This letter will serve as our filing under the provisions of
Rule 497 of the Securities Act of 1933. We are writing to inform
you that there have been no changes to the Fund's Prospectus
and Statement of Additional Information that were filed as Pre-
effective amendment No. 1 on June 27, 1997. The Prospectus and
Statement of Additional Information became effective on June 27,
1997. These documents will be used for the offer and sale of Fund
shares.
Sincerely,
/s/Forrest R. Foss
Forrest R. Foss
