March 22, 2000
GENERAL MUNICIPAL BOND FUND, INC.
SUPPLEMENT TO PROSPECTUS
Dated July 1, 1999
As Revised, August 10, 1999
Effective March 22, 2000, Dreyfus Service Corporation became the fund's
distributor and entitled to receive all fees payable by the fund under its Rule
12b-1 Plan.
106s0300-2
March 22, 2000
GENERAL MUNICIPAL BOND FUND, INC.
SUPPLEMENT TO STATEMENT OF ADDITIONAL INFORMATION
DATED JULY 1, 1999
AS REVISED, AUGUST 10, 1999
The following information replaces all contrary information
contained in the sections of the Statement of Additional Information
("SAI") entitled "Description of the Fund", "Management of the Fund"
and "Management Arrangements":
Effective March 22, 2000, Dreyfus Service Corporation ("DSC")
became the distributor to the Fund. DSC is located at 200 Park
Avenue, New York, NY 10166.
The following information replaces the information contained in
the section of the Statement of Additional Information ("SAI")
entitled "Management of the Fund - Officers of the Fund":
Stephen E. Canter, President. President, Chief Operating Officer,
and Chief Investment Officer of the Manager, and an officer of
other investment companies advised and administered by the
Manager. Mr. Canter also is a Director or an Executive
Committee Member of the other investment management
subsidiaries of Mellon Financial Corporation, each of which is
an affiliate of the Manager. He is 54 years old.
Mark N. Jacobs, Vice President. Vice President, Secretary and General
Counsel to the Manager, and an officer of other investment
companies advised and administered by the Manager. He is 53
years old.
Joseph Connolly, Vice President and Treasurer. Director - Mutual
Fund Accounting of the Manager, and an officer of other
investment companies advised and administered by the Manager.
He is 42 years old.
Steven F. Newman, Secretary. Associate General Counsel and
Assistant Secretary of the Manager, and an officer of other
investment companies advised and administered by the Manager.
He is 50 years old.
Michael A. Rosenberg, Assistant Secretary. Associate General Counsel
of the Manager, and an officer of other investment companies
advised and administered by the Manager. He is 40 years old.
Janette E. Farragher, Assistant Secretary. Assistant General
Counsel of the Manager, and an officer of other investment
companies advised and administered by the Manager. She is 37
years old.
Gregory S. Gruber, Assistant Treasurer. Senior Accounting Manager -
Municipal Bond Funds of the Manager, and an officer of other
investment companies advised and administered by the Manager.
He is 40 years old.
The address of each Fund officer is 200 Park Avenue, New York, NY
10166.
The following information supplements and replaces all contrary
information contained in the section of the SAI entitled "Service Plan":
Coincident with the transfer of distribution responsibilities from
Premier to DSC, the Fund's Board adopted amendments to the Fund's
Service Plan solely to reflect DSC as distributor, and to make other
non-material amendments to update the Plan. There was no change to the
amount payable under the Plan or to any other material terms to the
Plan. The Amended Plan provides that DSC is entitled to reimbursement
for distributing Fund shares and to receive payments for advertising
and marketing related to Fund shares and for servicing shareholder
accounts.
