THE ENTERPRISE GROUP OF FUNDS, INC.
SUPPLEMENT TO THE PROSPECTUS DATED JULY 1, 1996
January 21, 1997
The following information supplements "Buying Y Class
Shares" which appears on page 38 of the prospectus.
FOR CLASS Y SHAREHOLDERS ONLY
Institutional investors eligible to purchase Class Y shares
include banks, savings institutions, trust companies,
insurance companies, investment companies as defined by the
Investment Company Act of 1940, pension or profit sharing
trust, certain wrap account clients of broker/dealers or
other financial institutional buyer. Wrap account clients
of broker/dealers are offered Class Y shares at a lower
minimum purchase amount.