LEGG MASON LIGHT STREET TRUST INC
497, 2000-06-07
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                       Legg Mason Light Street Trust, Inc.

                        Legg Mason Classic Valuation Fund

       Supplement to the Primary Shares Prospectus dated November 1, 1999

The  paragraph  on  page  6 of  the  Prospectus  under  the  heading  "Portfolio
Management" is replaced in its entirety with the following:

          The  portfolio  is managed by a team of analysts  and managers at
          Brandywine  led by W. Anthony  Hitschler,  Scott L.  Kuensell and
          Alexander  Cutler.  Mr.  Hitschler has been  President and CIO of
          Brandywine  since  1986.  Prior  to  founding   Brandywine,   Mr.
          Hitschler was with Provident  Capital  Management,  and served as
          President  and Chief  Executive  Officer of that company for nine
          years.   Mr.  Kuensell  is  currently  a  Managing   Director  of
          Brandywine.  Mr. Kuensell joined  Brandywine in 1995 and has been
          responsible   for   portfolio   management   and   research   for
          Brandywine's  domestic  equity  clients since 1998. Mr. Cutler is
          currently  a  Managing  Director  of  Brandywine.  Since  joining
          Brandywine  in 1994,  Mr.  Cutler has shared  responsibility  for
          portfolio  management and research for all of Brandywine's equity
          products.

                   This Supplement is dated June 7, 2000.



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