KEMPER EQUITY FUNDS/VALUE STYLE KEMPER EQUITY FUNDS/VALUE STYLE
Kemper U.S. Growth and Income Fund Kemper-Dreman Financial Services Fund
SUPPLEMENT TO PROSPECTUS SUPPLEMENT TO PROSPECTUS
DATED JANUARY 30, 1998 DATED MARCH 9, 1998
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The following supplements information in the section entitled "Purchase of
Shares -- Special Promotion" in the Prospectus for Kemper U.S. Growth and Income
Fund and for Kemper-Dreman Financial Services Fund (each a "Fund"):
Special Promotion
For the quarter ended December 31, 1998 ("Special Offering Period"), Kemper
Distributors, Inc. ("KDI"), the principal underwriter for the Fund, intends to
reallow to dealers the full applicable sales charge with respect to Class A
shares of the Fund purchased during the Special Offering Period (not including
shares purchased at net asset value). KDI also intends to pay firms an
additional commission of 0.50% with respect to Class B shares of the Fund
purchased during the Special Offering Period, not including shares purchased in
connection with exchanges or other transactions for which commissions are not
paid.
October 23, 1998
