Davis Tax-Free High Income Fund, Inc.
Supplement dated January 17, 1997
to the Prospectus dated
February 1, 1996, as revised September 1, 1996
paragraph (vi) "Sales at Net Asset Value" on page 16 of the Prospectus is
revised by adding the following language to the end the first sentence.
; and (8) Class A shares purchased with redemption proceeds received
within the prior 90 days from non Davis mutual funds on which the
investor paid a front end or a contingent deferred sales charge. The Fund
and the Adviser reserve the right to modify or eliminate any foregoing
sales charge waivers if they determine that it is in the Fund's best
interest to do so.
