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OPPENHEIMERFUNDS
Denis Molleur OppenheimerFunds, Inc.
Vice President Two World Trade Center, 34th Floor
and Associate Counsel New York, NY 10048-0203
Tel 212 323 0200
February 24, 1998
Securities and Exchange Commission
Mail Stop 0-7, Filer Support
6432 General Green Way
Alexandria, VA 22312
RE: Oppenheimer Series Fund, Inc. ("Registrant")
Reg No. 2-75276
File No. 811-3346
To the Securities and Exchange Commission:
An electronic filing is hereby made on behalf of Oppenheimer LifeSpan
Growth Fund, Oppenheimer LifeSpan Balanced Fund and Oppenheimer LifeSpan Income
Fund, each a series of the Registrant ("LifeSpan Funds") pursuant to Rule 497(e)
of the Securities Act of 1933, as amended. Such filing includes a supplement
dated February 24, 1998 to the Prospectus of the LifeSpan Funds dated February
19, 1998.
If there are any questions, please contact the undersigned.
Sincerely,
/s/ Denis Molluer
----------------------------
Denis Molleur
Vice President
and Assistant Counsel
(212) 323-0560
cc: Gordon Altman Butowsky Weitzen Shalov & Wein
KPMG Peat Marwick LLP
Gloria LaFond
Grace Loffredo
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OPPENHEIMER LIFESPAN GROWTH FUND
OPPENHEIMER LIFESPAN BALANCED FUND
OPPENHEIMER LIFESPAN INCOME FUND
Supplement dated February 24, 1998 to the
Prospectus dated Februrary 19, 1998
The Prospectus is changed as follows:
The following is added as the first paragraph under the heading "How To Buy
Shares -- How Much Must You Invest?" on page 51:
Shares of the Funds are not available for sale to new investors, including
shares purchased by exchange from other Oppenheimer funds, lump-sum
purchases, and purchases under an Asset Builder Plan (described on page
53) or by reinvestment of dividends or distributions from other
Oppenheimer funds, or under the "Reinvestment Privilege" (described on
page 65). Existing Fund shareholders may purchase additional Fund shares
through subsequent investments or reinvestment of a Fund's dividends or
distributions, until such time as the reorganization of (i) LifeSpan
Growth Fund with and into Oppenheimer Disciplined Value Fund, (ii)
LifeSpan Balanced Fund with and into Oppenheimer Disciplined Allocation
Fund, and (iii) LifeSpan Income Fund with and into Oppenheimer Bond Fund
may close. The foregoing is subject to the right of each Fund and the
Distributor, in their complete discretion, to modify or terminate the
terms of this offer at any time without prior notice. The remaining
sections of this Prospectus are hereby amended to conform to the terms of
this offer.
February 24, 1998 PS0305.010
