Lexington Goldfund, 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
publicly traded corporation. 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.