<PAGE>
Alliance Capital [LOGO) (R) The Alliance Stock Funds
Alliance Premier Growth Fund, Inc.
_________________________________________________________________
Supplement to Prospectus June 15, 1998
This supplement to the Prospectus of The Alliance Stock Funds
dated February 2, 1998 supersedes certain information regarding
the Class B shares of Alliance Premier Growth Fund, Inc.
("Premier Growth Fund") under "Expense Information" and
"Purchase and Sale of Shares."
Class B shares of Premier Growth Fund purchased after
July 10, 1998 will automatically convert to Class A shares
after eight years, in order to conform with the conversion
schedule of Class B shares of each of the other Alliance Stock
Funds. Class B shares outstanding on July 10, 1998 will retain
their six-year conversion schedule.
_____________________________________________________________
(R) This registered mark used under license from the owner,
Alliance Capital Management L.P.
00250118.AR9
