MAP-EQUITY FUND
520 Broad Street, Newark, NJ 07102-3111
1-800-559-5535
Supplement dated September 24, 1998
To Prospectus Dated May 1, 1998, as Supplemented August 6, 1998
This supplement should be read in conjunction with the prospectus
for the MAP-Equity Fund (the "Fund"), a copy of which can be
obtained without charge from First Priority Investment
Corporation ("First Priority"), 520 Broad Street, Newark, New
Jersey 07102, ATTN: MAP-EQUITY FUND, or by telephoning 1-800-559-
5535.
The Board of Directors of the Fund has voted to discontinue the
Exchange Privilege between the Fund and MAP-Government Fund,
Inc., as described on pages 11-12 of the Fund's Prospectus. The
discontinuance will be effective 60 days from the date of this
Supplement.