<PAGE> 1
TEMPORARY INVESTMENT FUND, INC.
(the "Company")
TempFund
Supplement dated April 3, 1998
to Prospectus dated January 31, 1998
(1) PNC Institutional Management Corporation ("PIMC"), the Company's investment
adviser, has changed its name to BlackRock Institutional Management Corporation
("BIMC").
(2) PNC Bank, as sub-adviser of the Company, provided research, credit analysis
and recommendations with respect to the Company's investments, and supplied
certain computer facilities, personnel and other services. The facilities,
personnel, services and related expenses have been transferred to BIMC; BIMC has
assumed PNC Bank's responsibilities under the sub-advisory agreement; and BIMC's
obligation to pay a portion of the sub-advisory fee to PNC Bank has been
terminated.
<PAGE> 2
TEMPORARY INVESTMENT FUND, INC.
(the "Company")
TempCash
Supplement dated April 3, 1998
to Prospectus dated January 31, 1998
(1) PNC Institutional Management Corporation ("PIMC"), the Company's investment
adviser, has changed its name to BlackRock Institutional Management Corporation
("BIMC").
(2) PNC Bank, as sub-adviser of the Company, provided research, credit analysis
and recommendations with respect to the Company's investments, and supplied
certain computer facilities, personnel and other services. The facilities,
personnel, services and related expenses have been transferred to BIMC; BIMC has
assumed PNC Bank's responsibilities under the sub-advisory agreement; and BIMC's
obligation to pay a portion of the sub-advisory fee to PNC Bank has been
terminated.
<PAGE> 3
TEMPORARY INVESTMENT FUND, INC.
(the "Company")
TempCash offered through the USAA Asset Management Account
Supplement dated April 3, 1998
to Prospectus dated January 31, 1998
(1) PNC Institutional Management Corporation ("PIMC"), the Company's investment
adviser, has changed its name to BlackRock Institutional Management Corporation
("BIMC").
(2) PNC Bank, as sub-adviser of the Company, provided research, credit analysis
and recommendations with respect to the Company's investments, and supplied
certain computer facilities, personnel and other services. The facilities,
personnel, services and related expenses have been transferred to BIMC; BIMC has
assumed PNC Bank's responsibilities under the sub-advisory agreement; and BIMC's
obligation to pay a portion of the sub-advisory fee to PNC Bank has been
terminated.
<PAGE> 4
TEMPORARY INVESTMENT FUND, INC.
(the "Company")
TempCash Dollar Shares
Supplement dated April 3, 1998
to Prospectus dated January 31, 1998
(1) PNC Institutional Management Corporation ("PIMC"), the Company's investment
adviser, has changed its name to BlackRock Institutional Management Corporation
("BIMC").
(2) PNC Bank, as sub-adviser of the Company, provided research, credit analysis
and recommendations with respect to the Company's investments, and supplied
certain computer facilities, personnel and other services. The facilities,
personnel, services and related expenses have been transferred to BIMC; BIMC has
assumed PNC Bank's responsibilities under the sub-advisory agreement; and BIMC's
obligation to pay a portion of the sub-advisory fee to PNC Bank has been
terminated.
<PAGE> 5
TEMPORARY INVESTMENT FUND, INC.
(the "Company")
TempCash Dollar Shares offered through
the Union Bank of Switzerland
Supplement dated April 3, 1998
to Prospectus dated January 31, 1998
(1) PNC Institutional Management Corporation ("PIMC"), the Company's investment
adviser, has changed its name to BlackRock Institutional Management Corporation
("BIMC").
(2) PNC Bank, as sub-adviser of the Company, provided research, credit analysis
and recommendations with respect to the Company's investments, and supplied
certain computer facilities, personnel and other services. The facilities,
personnel, services and related expenses have been transferred to BIMC; BIMC has
assumed PNC Bank's responsibilities under the sub-advisory agreement; and BIMC's
obligation to pay a portion of the sub-advisory fee to PNC Bank has been
terminated.
