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July 14, 1998
STONEBRIDGE AGGRESSIVE GROWTH FUND, INC.
SUPPLEMENT TO STATEMENT OF ADDITIONAL INFORMATION DATED
MARCH 1, 1998
The following information supplements and should be read in conjunction
with the section of the Statement of Additional Information entitled "MANAGEMENT
OF THE REGISTRANT- Officers and Directors of the Fund":
Dr. John G. Ayer has resigned and Charles E. Woodhouse has been elected as
President of the Fund. Mr. Woodhouse (age 34), 1801 Century Park East,
Suite 1800, Los Angeles, CA. 90067 has been a Director and Vice President
of the Fund since 1995.