MFS SERIES TRUST V
497, 1995-03-29
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MFS Emerging Growth Fund 
MFS Research Fund

Supplement to the Current Prospectus

	During the period March 27, 1995 through May 19, 1995 (the "Sales 
Period") (unless extended by MFS Fund Distributors, Inc. ("MFD"), the Funds' 
distributor), MFD will pay First Albany Corp. ("First Albany") 100% of the 
applicable sales charge on sales of Class A shares of each of the funds listed 
above (the "Funds") sold by First Albany during the Sales Period.  Furthermore, 
MFD will pay First Albany an additional commission equal to 0.50% of the net 
asset value of all of the Class B shares of the Funds sold by First Albany 
during the Sales Period.


The date of this Supplement is March 27, 1995.



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