MORGAN STANLEY DEAN WITTER SEL EQ TR SEL TUR FOC LI SER 1999
497, 1999-12-30
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                                                              Rule 497(d)
                                                              Reg. No. 333-84343



                 Morgan Stanley Dean Witter Select Equity Trust
                    Select Turnaround Focus List Series 1999
                            Supplement to Prospectus
                             dated December 30, 1999


                  Fruit of the Loom, Ltd. announced on December 29, 1999 that it
and certain of its U.S.  subsidiaries  have filed  voluntary  petitions with the
U.S.  Bankruptcy  Court for the District of Delaware to reorganize under Chapter
11 of the  U.S.  Bankruptcy  Code.  The  Company  said  that  it  initiated  the
reorganization   to  obtain  working  capital  and  implement  a  financial  and
operational  restructuring.  The  Sponsor  can not  predict  the  result  of the
bankruptcy  petition,  what action the bankruptcy  court will take,  whether the
reorganization  will be successful,  the value of Fruit of the Loom common stock
in the Trust,  or whether the stock will  continue to be acquired or held by the
Trust.



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