Supplement to Statement of Additional Information
dated September 16, 1997
Kopp Funds, Inc.
Kopp Emerging Growth Fund
Shareholder Servicing Arrangements
The Distributor has entered into agreements with
registered broker/dealers pursuant to which such
broker/dealers have agreed to sell the Fund's shares to
the public. Certain of these broker/dealers have also
agreed to perform, with respect to shareholders who
purchase Fund shares through the broker/dealer, certain
shareholder servicing functions which would ordinarily
be performed by Firstar, the transfer agent for the
Fund. The Corporation, on behalf of the Fund, has
agreed to compensate certain of these broker/dealers
for the shareholder services they provide and Firstar,
in turn, has agreed to reduce its transfer agency and
servicing fee by a like amount for those shareholder
accounts which are serviced by such broker/dealers.
Under these arrangements, the Corporation, however,
will not pay more than $16 per year per account in
transfer agency and shareholder servicing fees.
Arrangements with Certain Financial Intermediaries
The Corporation, on behalf of the Fund, may pay,
directly or indirectly through arrangements with the
Advisor and/or Distributor, amounts to financial
intermediaries that purchase shares of the Fund through
an omnibus-type account and provide administrative
services relating to the Fund to their customers;
provided that the Corporation will not pay more for
these services through intermediary relationships than
it would if the intermediaries' customers were direct
shareholders in the Fund.
The date of this Supplement is November 21, 1997.
Please retain this Supplement with the Statement of
Additional Information for future reference.
