FT 253
497, 1998-09-01
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                                                  497(d)

                                 FT 253
                Great Plains Equity Growth Trust, Series 3

            Supplement to the Prospectus dated May 27, 1998

Notwithstanding anything to the contrary in the Prospectus,
Unit holders who acquire Units which, as a result of a reduction in the
aggregate underlying value of the Equity Securities, are not subject to
an initial sales charge will be subject to the maximum remaining
deferred sales charge (initially $.35 per Unit).  In such case the
maximum sales charge may exceed 4.5% of the Public Offering Price per
Unit but in no event will the maximum sales charge exceed 5.5% of the
Public Offering Price per Unit.

August 31, 1998




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