Supplement No. 2 dated October 28, 1999
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to Prospectus dated February 1, 1999
for State Street Research Emerging Growth Fund
A series of State Street Research Capital Trust
Investment Management
Under the above caption on page 8 of the Prospectus, the third paragraph is
revised in its entirety to read as follows:
James M. Weiss and Tucker Walsh have been responsible for the fund's
day-to-day portfolio management since October 1999. Mr. Weiss is an
executive vice president, deputy department head of equities, chief
investment officer of equities and a member of the management committee. He
joined the firm in 1995 and has worked as an investment professional since
1972. Previously, Mr. Weiss served as president of IDS Equity Advisors.
Tucker Walsh is a vice president who joined the firm in 1997. Previously he
served as an equity analyst at Chilton Investment Partners, Merrill Lynch
and Cowen Asset Management. He has eight years of investment experience.
[State Street Research Logo]
EM-433G-1099
Control Number: (exp0200)SSR-LD
