FIDUCIARY CAPITAL GROWTH FUND, INC.
SUPPLEMENT TO THE PROSPECTUS DATED JANUARY 30, 1998
As set forth on pages 5 through 8 of the Prospectus, shares of the Fund may
be purchased and redeemed through Processing Intermediaries. Processing
Intermediaries that instruct Firstar Trust Company in writing may make
redemption requests by telephone by calling Firstar Trust Company at (800) 811-
5311 or (414) 765-4124 provided the redemption proceeds are to be mailed or
wired to the Processing Intermediary's address or bank of record as shown on the
records of the transfer agent. The Fund reserves the right to refuse a telephone
redemption request if it believes it advisable to do so. PROCEDURES FOR
TELEPHONE REDEMPTIONS MAY BE MODIFIED OR TERMINATED AT ANY TIME BY THE FUND OR
FIRSTAR TRUST COMPANY. Neither the Fund nor Firstar Trust Company will be liable
for following instructions for telephone redemption transactions that they
reasonably believe to be genuine, provided reasonable procedures are used to
confirm the genuineness of the telephone instructions, but may be liable for
unauthorized transactions if they fail to follow such procedures. These
procedures include requiring some form of personal identification prior to
acting upon the telephone instructions and recording all telephone calls. During
periods of substantial economic or market change, telephone redemptions may be
difficult to implement. In the event a Processing Intermediary cannot contact
Firstar Trust Company by telephone, the Processing Intermediary should make a
redemption request in writing in the manner set forth on pages 7 and 8 of the
Prospectus. See pages 7 and 8 of the Prospectus for additional information
concerning the redemption of shares of the Fund.
THE DATE OF THIS SUPPLEMENT IS FEBRUARY 20, 1998.