Lord Abbett Affiliated Fund, Inc.
Supplement dated August 2, 1999 to Prospectus dated March 1, 1999
Starting today, the Fund has changed the sales charges and dealer's
concessions that apply to certain purchases of its Class A shares. The new
amounts are reflected in the following chart, which replaces and should be
referred to in lieu of the information in the "Front-End Sales Charges-
Class A Shares" chart in the "Purchases" section of the prospectus and the
Dealer's Concessions information in the "Compensation For Your Dealer"
section of the prospectus
<TABLE>
<CAPTION>
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As a % of As a % of To Compute Offering Dealer's
Your Investment Offering Price Your Investment Price Divide NAV by Concession
- --------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Less than $50,000 5.75% 6.10% .9425 5.00%
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$50,000 to $99,999 4.75% 4.99% .9525 4.00%
- --------------------------------------------------------------------------------------------------------
$100,000 to $249,999 3.95% 4.11% .9605 3.25%
- --------------------------------------------------------------------------------------------------------
$250,000 to $499,999 2.75% 2.83% .9725 2.25%
- --------------------------------------------------------------------------------------------------------
$500,000 to $999,999 1.95% 1.99% .9805 1.75%
- --------------------------------------------------------------------------------------------------------
$1,000,000 and over No Sales Charge 1.0000 Same as in Prospectus
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</TABLE>
LAA-SUPP
(8/99)
