LEXINGTON TAX FREE MONEY FUND INC
497, 1995-12-22
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                Lexington Tax Free Money Fund, Inc.
                 Supplement dated December 13, 1995
    to The Statement of Additional Information dated May 1, 1995


Investment Adviser, Distributor & Administrator



Lexington Management Corporation and Lexington Funds Distributor, Inc. are 
wholly-owned subsidiaries of  Lexington Global Asset Managers, Inc., a 
Delaware corporation with offices at Park 80 West Plaza Two, Saddle Brook, 
NJ 07663. Descendants of Lunsford Richardson, Sr., their spouses, trusts 
and other related entities have a majority voting control of the outstanding 
shares of Lexington Global Asset Managers, Inc.
            



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