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FRANK RUSSELL INVESTMENT COMPANY
SUPPLEMENT DATED NOVEMBER 9, 1995
TO STATEMENT OF ADDITIONAL INFORMATION
(DATED APRIL 1, 1995 AS REVISED
APRIL 28 AND AUGUST 11, 1995)
Frank Russell Investment Company makes the following change to its Statement of
Additional Information.
Under the Section "Trustees and Officers," the following biography of Mark E.
Swanson will replace the biography of Margaret L. Barclay.
Mark E. Swanson -- Fund Treasurer and Chief Accounting Officer -- Assistant
Secretary of the Seven Seas Series Fund; Manager, Tax, Trust, and Global Funds
Administration Finance for Frank Russell Investment Management Company and
Frank Russell Trust Company.
