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November 3, 1997 SUPPLEMENT TO PROSPECTUS DATED March 31, 1997 Babson Enterprise Fund, Inc. Effective November 3, 1997, the Fund and its Manager and Distributor, Jones & Babson, Inc., changed their mailing address to: BMA Tower 700 Karnes Blvd. Kansas City, MO 64108-3306 The telephone number for the Fund in the Kansas City area has been changed to: 751-5900
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