Rule 497(d)
FT 417
e-Business Select Portfolio, Series 3
Internet Select Portfolio, Series 3
New e-conomy Select Portfolio, Series 2
e-Business Portfolio, Series 3
Internet Portfolio, Series 10
New e-conomy Portfolio, Series 2
Supplement to the Prospectus dated March 14, 2000
Notwithstanding anything to the contrary in the Prospectus, Unit holders who
acquire Units of e-Business Select Portfolio, Series 3, e-Business Portfolio,
Series 3, Internet Portfolio, Series 10 or New e-conomy Portfolio, Series 2
which, as a result of a reduction in the aggregate underlying value of the
Securities, are not subject to an initial sales charge will be subject to the
maximum remaining deferred sales charge (initially $.225 per Unit for e-Business
Select Portfolio, Series 3 or $.35 per Unit for e-Business Portfolio, Series 3,
Internet Portfolio, Series 10 or New e-conomy Portfolio, Series 2). In such
case the maximum sales charge may exceed 3.25% of the Public Offering Price for
e-Business Select Portfolio, Series 3 or 4.5% of the Public Offering Price per
Unit for e-Business Portfolio, Series 3, Internet Portfolio, Series 10 and New
e-conomy Portfolio, Series 2, but in no event will the maximum sales charge
exceed 3.75% of the Public Offering Price per Unit for e-Business Select
Portfolio, Series 3, 5.0% of the Public Offering Price per Unit for Internet
Portfolio, Series 10 and New e-conomy Portfolio, Series 2, or 5.5% of the
Public Offering Price per Unit for e-Business Portfolio, Series 3.
April 13, 2000
