497(d)
FT 259
FINANCIAL SERVICES GROWTH TRUST, SERIES 5
Supplement to the Prospectus dated July 15, 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 6.5% of the Public
Offering Price per Unit.
October 7, 1998
