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July 14, 1998
STONEBRIDGE AGGRESSIVE GROWTH FUND, INC.
SUPPLEMENT TO PROSPECTUS DATED MARCH 1, 1998
The following information supplements and should be read in conjunction
with the section of the Prospectus entitled "MANAGEMENT OF THE FUND-Investment
Adviser":
Effective June 29, 1998, the Fund's day-to-day Manager, Dr. John G. Ayer,
has resigned as President of the Fund. Mr. Charles E. Woodhouse, Executive
Vice President and Director of Research for the Adviser will assume
responsibility for the day-to-day management of the Fund's portfolio. Mr.
Woodhouse has held his position with the Adviser since May 1992 and has
participated in the management of the Fund since 1995.
