ELFUN TRUSTS
497, 1998-02-04
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                                                                    ELFUN TRUSTS
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                        SUPPLEMENT DATED FEBRUARY 4, 1998
                       TO PROSPECTUS DATED APRIL 29, 1997


On January 14, 1998, the distributor of the Elfun Funds (the "Funds"), GE
Investment Services Inc. ("GEIS"), formerly located at 3003 Summer Street, P.O.
Box 7900, Stamford, Connecticut, 06904-7900, changed its name to GE Investment
Distributors, Inc. ("GEID") and changed its principal business address to 777
Long Ridge Road, Building B, Stamford, Connecticut, 06927. GEID remains an
indirect wholly-owned subsidiary of General Electric Company, but is no longer a
wholly-owned subsidiary of the Funds' investment adviser, GE Investment
Management Incorporated.

All references in the Funds' prospectus to GEIS and its address are hereby
changed to GEID at its new address.






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