October 22, 1998
DAVIS GROWTH OPPORTUNITY FUND
An authorized portfolio of Davis Series, Inc.
Supplement to Prospectus
Dated May 1, 1998
The following information supplements and should be read in conjunction
with the section of the Fund's Prospectus entitled "Adviser, Sub-Advisers, and
Distrbutor."
Effective December 31, 1998, the sub-advisory contract for Davis Growth
Opportunity Fund ("Fund") between Davis Selected Advisers, L.P. and Tanaka
Capital Management ("Tanaka") will be terminated and Tanaka will no longer be
the sub-adviser to the Fund. Davis Seleted Advisers, L.P. will assume all
management responsibilities for the Fund for both invstments and business
operations. A team consisting of both portfolio managers and research analysts
in the Research Department of Davis Selected Advisers will be responsible for
the day-to-day management of the Fund's portfolio.
