<PAGE> 1
VAN KAMPEN RESERVE FUND
SUPPLEMENT DATED JANUARY 8, 2001 TO THE
PROSPECTUS DATED SEPTEMBER 28, 2000
The Prospectus is hereby supplemented as follows:
(1) The information on the inside back cover of the Prospectus under the
heading "BOARD OF TRUSTEES AND OFFICERS -- TRUSTEES" is hereby amended by
deleting Fernando Sisto, effective December 31, 2000.
RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
RES SPT 525
23 133 233
65074-03
<PAGE> 2
VAN KAMPEN RESERVE FUND
SUPPLEMENT DATED JANUARY 8, 2001 TO THE
STATEMENT OF ADDITIONAL INFORMATION DATED SEPTEMBER 28, 2000
The Statement of Additional Information is hereby supplemented as follows:
(1) The section entitled "TRUSTEES AND OFFICERS" is hereby amended by
deleting Fernando Sisto, effective December 31, 2000.
RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
RES SPT SAI