This Supplement is filed pursuant to Rule 497(d) with regard to
Municipal Investment Trust Fund, Intermediate Term Series 403
The text of the supplement to the Prospectus dated December 4, 1998 is as
follows:
Supplement dated December 15, 1998
to Prospectus dated December 4, 1998, of
Municipal Investment Trust Fund
Intermediate Term Series 403
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The figures in the Example on Page 4 should be revised as follows:
If you sell your units at the end of the period:
1 Year 3 Years 5 Years
$283 $310 $339
If you do not sell your units:
1 Year 3 Years 5 Years
$208 $310 $339