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TAX-FREE INVESTMENTS CO.
CASH RESERVE PORTFOLIO
PRIVATE INVESTMENT CLASS
Supplement dated December 18, 1998
to the Prospectus dated July 24, 1998
Effective December 18, 1998, and pursuant to separate prospectuses,
Tax-Free Investments Co. (the "Company") now offers shares of four additional
classes of shares of common stock of the Cash Reserve Portfolio: the Cash
Management Class, the Personal Investment Class, the Reserve Class and the
Resource Class.
A revised Statement of Additional Information, dated December 18, 1998,
has been filed with the Securities and Exchange Commission and can be obtained
without charge by writing or calling the Company or Fund Management Company.
