SUPPLEMENT NO. 3 dated January 1, 1999
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(Supplanting Supplement No. 2 dated September 16, 1998)
to PROSPECTUS dated February 1, 1998
for STATE STREET RESEARCH AURORA FUND
A series of State Street Research Capital Trust
AVAILABILITY OF SHARES
Currently, shares of the fund are available only through employee benefit plans,
IRAs, wrap-fee programs, and various investment programs of Metropolitan Life
Insurance Company and its affiliates, and available to existing shareholders of
the fund through reinvestment of dividends and distributions, and additional
investments or exchanges into their existing accounts.
The fund reserves the right to accept new investments or suspend the sale of
shares from time to time without further notice or supplement to the prospectus.
If you have any questions, call the State Street Research Service Center at
1-800-562-0032.
[LOGO]
[STATE STREET RESEARCH]
AR-431F-199
Control Number: (exp0299)SSR-LD
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POLICIES FOR BUYING SHARES
The Prospectus sections "Policies for Buying Shares -- Minimum Initial
Investments" and "Minimum Additional Investments" are revised in their entirety
to read as follows:
MINIMUM INITIAL INVESTMENTS:
[bullet] $10,000 for accounts that use the
Investamatic program*
[bullet] $2,000 for Individual Retirement Accounts*
[bullet] $100,000 for all other accounts
MINIMUM ADDITIONAL INVESTMENTS:
[bullet] $1,000 for Individual Retirement Accounts**
[bullet] $50 for all other accounts
*Except that from January 1, 1999 through April 15, 1999, the minimum is $500
for Individual Retirement Accounts. Also, the $10 annual administrative fee
will be waived for new IRAs with $5,000 invested by then.
**$50 from January 1, 1999 through April 15, 1999.
