Supplement, dated January 21, 1998, to the prospectus, dated May 1, 1997,
of
Seligman Growth Fund, Inc. (the "Fund")
Effective immediately, the following supersedes and replaces the
information contained in the first paragraph set forth in the Fund's
prospectus under "Management Services--Portfolio Manager."
Portfolio Management. Richard R. Schmaltz, who joined the Manager
as Managing Director, Director of Investments in September 1996, is
primarily responsible for the day-to-day management of the Fund's
portfolio as a member of the Seligman Growth Team. From May 1993 to
September 1996, Mr. Schmaltz was Director, Investment Research at
Neuberger and Berman. Prior thereto, Mr. Schmaltz was Executive Vice
President of McGlinn Capital.
Mr. Schmaltz is also responsible for the management of Seligman
Capital Fund, Inc. and the Seligman Capital Portfolio of Seligman
Portfolios, Inc. ("SPI"). Additionally, he is responsible for directing
and overseeing the domestic investments of the Seligman Henderson Global
Growth Opportunities Fund, a series of Seligman Henderson Global Fund
Series, Inc., and the Seligman Henderson Global Growth Opportunities
Portfolio of SPI.
EQGRS-1/98
