Rule 497(d) FT 424
Supplement to the Prospectus dated March 29, 2000
Sales Charge Discount for Eligible Purchasers
Notwithstanding anything to the contrary in the
Prospectus, investors purchasing Units through
registered broker/dealers who charge periodic fees in
lieu of commissions or who charge for financial
planning, investment advisory or asset management
services or provide these or comparable services as
part of an investment account where a comprehensive
"wrap fee" or similar charge is imposed will not be
assessed the initial or deferred sales charge as
described in the section entitled "Public Offering"
in the Prospectus on the purchase of Trust Units.
At the time of purchase of Units pursuant to
this provision you may elect to have distributions on
your Units reinvested into additional Units of the
Trust or distributed to you in cash. We reserve the
right to limit or deny purchases of Units pursuant to
this provision by investors whose frequent trading
activity we determine to be detrimental to the Trust.
Dealers and other selling agents will not receive a
concession on sales described above, but such sales
will be included in determining whether dealers are
eligible to receive additional volume concessions.
July 5, 2000
