DREYFUS LAUREL FUNDS TRUST
497, 1995-02-01
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                                                   February 1, 1995


                      THE DREYFUS/LAUREL FUNDS TRUST -
                           DREYFUS CORE VALUE FUND

              Supplement to Prospectus for Institutional Shares
                           Dated December 19, 1994


The following sentence supersedes and replaces the first sentence
contained in the section in the Fund's Prospectus entitled
"Distributions":

The Fund declares and pays dividends from its net investment income, if
any, four times yearly and distributes net realized gains, if any, once a
year, but it may make distributions on a more frequent basis to comply
with the distribution requirements of the Code, in all events in a manner
consistent with the provisions of the 1940 Act.


The following paragraph supersedes and replaces the fourth paragraph on
page 1 of the Prospectus and any other contrary information contained in
the Prospectus:

MUTUAL FUND SHARES ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR
ENDORSED BY, ANY BANK, AND ARE NOT FEDERALLY INSURED BY THE FEDERAL
DEPOSIT INSURANCE CORPORATION, THE FEDERAL RESERVE BOARD OR ANY OTHER
AGENCY.  ALL MUTUAL FUND SHARES INVOLVE CERTAIN RISKS, INCLUDING THE
POSSIBLE LOSS OF PRINCIPAL.


The following phone number supersedes and replaces the phone number on
page 32 contained in the section in the Fund's Prospectus entitled "To
Invest, Redeem and Exchange":

     Call 1-800-548-2868 (for overseas, call collect (401) 455-3476)



                                                      February 1, 1995



                          THE DREYFUS/LAUREL FUNDS TRUST -
                               DREYFUS CORE VALUE FUND

             Supplement to Prospectus for Investor and Class R Shares
                               Dated December 19, 1994


The following sentence supersedes and replaces the first sentence
contained in the section in the Fund's Prospectus entitled
"Distributions":

The Fund declares and pays dividends from its net investment income, if
any, four times yearly and distributes net realized gains, if any, once a
year, but it may make distributions on a more frequent basis to comply
with the distribution requirements of the Code, in all events in a manner
consistent with the provisions of the 1940 Act.





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