July 14, 1997
THE DREYFUS THIRD CENTURY FUND, INC.
Supplement to Prospectus
Dated October 1, 1996
Effective on or about September 12, 1997, the Amended and Restated Sub-
Investment Advisory Agreement between NCM Capital Management Group, Inc. and
The Dreyfus Corporation ("Dreyfus") with respect to The Dreyfus Third
Century Fund, Inc. (the "Fund") will be terminated, which will result in
Dreyfus taking over day-to-day portfolio management responsibility for the
Fund pursuant to the existing Management Agreement between the Fund and
Dreyfus. The aggregate annual fee payable by the Fund under these new
arrangements will be the same as that previously paid by the Fund.
