SUPPLEMENT TO THE PROSPECTUS
Effective September 5, 1995, existing shares of United Cash Management, Inc.
will be reclassified as Class A shares and the Fund will begin to offer Class B
shares. Class B shares may be purchased only by exchange of corresponding
shares of Waddell & Reed Funds, Inc. and will be subject to a contingent
deferred sales charge and a Rule 12b-1 fee. Additional information about Class
B shares may be obtained by calling 913-236-2000 or by writing to Waddell &
Reed, Inc. at the address on the inside back cover of the Prospectus to which
this Supplement is attached.
This Supplement is to be attached to the cover page of the Prospectus of United
Cash Management, Inc. dated September 30, 1994.
This Supplement is dated July 14, 1995.
