497(d)
FT 284
IOWA EQUITY GROWTH TRUST SERIES
Supplement to the Prospectus dated October 21, 1998
Notwithstanding anything to the contrary in the Prospectus, Unit holders
of The First Trust Special Situations Trust, Series 157 may use their
redemption or termination proceeds from such trust to acquire Units of the
Trust contained in FT 284 during the initial offering period subject only
to the remaining deferred sales charges on the Units acquired. Dealers and
other selling agents will receive a concession or agency commission on such
sales equal to $.25 per Unit on Units sold subject to a deferred sales
charge of $.35 per Unit or 71% of the then current maximum remaining
deferred sales charge on Units sold subject to a deferred sales charge of
less than $.35 per Unit.
November 19, 1998
