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.