LEGG MASON VALUE TRUST INC
497, 1995-11-20
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                  LEGG MASON VALUE TRUST, INC.
              LEGG MASON TOTAL RETURN TRUST, INC.
           LEGG MASON SPECIAL INVESTMENT TRUST, INC.
                LEGG MASON INVESTORS TRUST, INC.
                         PRIMARY SHARES
                        NAVIGATOR SHARES

     SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
                      DATED JULY 31, 1995

     The  following  information  is  inserted  on page 31 of the  Statement  of
Additional  Information  in the  section  captioned  "The Fund's  Directors  and
Officers":

     At October 31, 1995,  the Legg Mason Profit  Sharing Plan and Trust, 7 East
Redwood  Street,  Baltimore,  MD 21202  owned of  record  and  beneficially  the
following percentages of the outstanding shares of the Navigator Classes:

          Navigator Class of Value Trust                              99.9%
          Navigator Class of Total Return Trust                       99.3%
          Navigator Class of Special Investment Trust                 100.0%





                                             November 20, 1995





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