May 24, 2000
DREYFUS PREMIER EQUITY FUNDS, INC.
Dreyfus Premier Aggressive Growth Fund
Dreyfus Premier Emerging Markets Fund
Dreyfus Premier Growth and Income Fund
Supplement to Statement of Additional Information
Dated February 1, 2000
The following information supplements the information contained in the
section of the Fund's Statement of Additional Information entitled
"Shareholder Services - Automatic Withdrawal Plan."
Class B Shares - Dreyfus Automatic Withdrawal Plan
For any Fund account opened on or ater July 24, 2000, or any existing
Fund account to which the Dreyfus Automatic Withdrawal Plan ("AWP") is added
on or after July 24, 2000, there will be no CDSC on Class B shares redeemed
pursuant to an AWP withdrawal, as long as the amount of the withdrawal does
not exceed an annual rate of 12% of the greater of the account value at the
time of the first withdrawal under the AWP, or the account value at the time
of the subsequent withdrawal. Withdrawals with respect to Class B shares
under the AWP that exceed such amounts will be subject to a CDSC.
