May 24, 2000
THE DREYFUS PREMIER THIRD CENTURY FUND, INC.
SUPPLEMENT TO PROSPECTUS
DATED AUGUST 31, 1999
THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION CONTAINED IN THE
SECTION OF THE FUND'S PROSPECTUS ENTITLED "YOUR INVESTMENT -- SERVICES FOR FUND
INVESTORS."
Class B Shares -- Dreyfus Automatic Withdrawal Plan
For any Fund account opened on or after 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.
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THE FOLLOWING INFORMATION SUPERSEDES AND REPLACES THE LAST SENTENCE OF THE
FIRST PARAGRAPH CONTAINED IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "THE
FUND -- PAST PERFORMANCE" AND THE SENTENCE IN THE LAST BULLET POINT CONTAINED IN
THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "YOUR INVESTMENT -- ACCOUNT
POLICIES."
Class Z shares generally are not available for new accounts.
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THE FOLLOWING INFORMATION SUPPLEMENTS AND SUPERSEDES ANY CONTRARY INFORMATION
CONTAINED IN THE SECTIONS OF THE FUND'S PROSPECTUS ENTITLED "YOUR INVESTMENT
- --ACCOUNT POLICIES" AND "YOUR INVESTMENT -- SERVICES FOR FUND INVESTORS."
RIGHT OF ACCUMULATION: lets you add the value of any shares in this fund, any
other Dreyfus Premier fund, or any other fund that is advised by Founders Asset
Management LLC ("Founders"), an affiliate of Dreyfus, sold with a sales load
(that you already own) to the amount of your next Class A or Class T investment
for purposes of calculating the sales charge.
DREYFUS DIVIDEND SWEEP: for automatically reinvesting the dividends and
distributions from the fund into another Dreyfus fund or certain
Founders-advised funds (not available for IRAs).
DREYFUS AUTO-EXCHANGE PRIVILEGE: for making regular exchanges from the fund
into another Dreyfus fund or certain Founders-advised funds.
EXCHANGE PRIVILEGE: you can exchange shares worth $500 or more (no minimum
for retirement accounts) from one class of the fund into the same class of
another Dreyfus Premier fund or Founders-advised fund. You can also exchange
Class T shares into Class A shares of certain Dreyfus Premier fixed-income
funds.
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