497(d)
FT 271
Class II, Business Services Growth Trust, 1998 Series
Supplement to the Prospectus dated July 22, 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 $.45 per Unit). In such case the
maximum sales charge may exceed 5.5% 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.
August 28, 1998