SUPPLEMENT TO THE PROSPECTUSES OF
KEYSTONE AMERICA HARTWELL EMERGING GROWTH FUND, INC., KEYSTONE BALANCED
FUND II, KEYSTONE CAPITAL PRESERVATION AND INCOME FUND, KEYSTONE FUND FOR TOTAL
RETURN, KEYSTONE FUND OF THE AMERICAS, KEYSTONE GLOBAL OPPORTUNITIES FUND,
KEYSTONE GLOBAL RESOURCES AND DEVELOPMENT FUND, KEYSTONE GOVERNMENT SECURITIES
FUND, KEYSTONE INTERMEDIATE TERM BOND FUND, KEYSTONE OMEGA FUND, KEYSTONE SMALL
COMPANY GROWTH FUND II, KEYSTONE STRATEGIC INCOME FUND, KEYSTONE STATE TAX FREE
FUND, KEYSTONE STATE TAX FREE FUND - SERIES II, KEYSTONE TAX FREE
INCOME FUND, AND KEYSTONE WORLD BOND FUND
(EACH A "FUND"; COLLECTIVELY, THE "FUNDS")
During the period commencing November 1, 1996 through December 31, 1996
(the "Offering Period"), Keystone Investment Distributors Company ("Keystone"),
the Funds' principal underwriter, or any successor entity to Keystone, will pay
to First Union Brokerage Services, Inc. ("First Union Brokerage"), a
wholly-owned subsidiary of First Union National Bank of North Carolina, an
additional concession equal to 0.50% of the public offering price of any class
of Fund shares sold by First Union Brokerage during the Offering Period.
November 1, 1996
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