MFS SERIES TRUST V
497, 1995-07-25
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                               MFS Research Fund




                      Supplement to the Current Prospectus

During the period August 1, 1995 through August 25, 1995 (the Sales Period)
(unless extended by MFS Fund Distributors, Inc. (MFD), the Fund's
distributor), MFD will pay Prudential Securities, Inc. (Prudential) 100% of
the applicable sales charge on sales of Class A shares of the Fund made by
Prudential during the Sales Period.

                 The date of this Supplement is August 1, 1995.


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