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, an investor
may aggregate same day purchases of primary Units of the Trust contained
in the Prospectus and units of other unit investment trusts containing
equity securities of which the Sponsor acts as Principal Underwriter and
which are currently in the initial offering period for purposes of
qualifying for the volume purchase discounts listed in the Prospectus.
In addition, investors may utilize their redemption or termination
proceeds received from trusts sponsored by the Sponsor to purchase Units
of the Trust subject only to any remaining deferred sales charge
payments on such Units, deferred as described in the Prospectus. Unit
holders who redeem units of trusts sponsored by the Sponsor should note
that they will be assessed the amount of any remaining deferred sales
charge on such units at the time of redemption. Dealers and other
selling agents will be allowed a concession or agency commission on the
sale of Units sold subject only to any remaining deferred sales charge
payments on such Units equal to (i) $.22 per Unit on Units sold subject
to a deferred sales charge of $.35 per Unit or (ii) 63% of the then
current maximum remaining deferred sales charge on Units sold subject to
a deferred sales charge of less than $.35 per Unit.
January 11, 1999
