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Class C Funds
Frank Russell Investment Company
SUPPLEMENT DATED SEPTEMBER 18, 1997
TO THE PROSPECTUS DATED MAY 1, 1997
AS REVISED JUNE 1, 1997
AS SUPPLEMENTED THROUGH AUGUST 13, 1997
Effective September 18, 1997, the following statement is added to the
Prospectus:
"CLASS C SHARES OF FRANK RUSSELL INVESTMENT COMPANY FUNDS
ARE NOT CURRENTLY OFFERED FOR INVESTMENT EXCEPT TO
EXISTING CLASS C SHAREHOLDERS."
. As the third sentence of the first paragraph on page 1
. As the second sentence of the last paragraph on page 2
. As the second sentence of the SIXTH paragraph on page 4
. As the second sentence under "ELIGIBLE INVESTORS" on page 24
. As the first sentence under "PURCHASE OF FUND SHARES" on
page 48