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, or New e-conomy Portfolio, Series 2, but in no event will
the maximum sales charge exceed 4.00% of the Public Offering Price per Unit for
e-Business Select Portfolio, Series 3 or 5.00% of the Public Offering Price per
Unit for Internet Portfolio, Series 10, or New e-conomy Portfolio, Series 2, or
6.00% of the Public Offering Price per Unit for e-Business Portfolio, Series 3.
April 12, 2000
