SUPPLEMENT TO PROSPECTUS
OF PORTFOLIO PARTNERS, INC.
This Supplement is dated March 4, 1999
The following information replaces certain information contained in the
Prospectus of Portfolio Partners, Inc. (the "Fund"), dated May 1, 1998, and
should be read in conjunction with that Prospectus.
The last two sentences of the "MFS Emerging Equities, MFS Research Growth and
MFS Value Equity" paragraph under the section of the Prospectus entitled
"Subadvisers" found on page 10 is hereby replaced with the following:
Effective February 24, 1999, Maura A. Shaughnessy, a Senior Vice President of
MFS, became portfolio manager of MFS Value Equity. Ms. Shaughnessy has been
employed by MFS since 1991, first as an equity analyst and then as a portfolio
manager.
