IDS EXTRA INCOME FUND INC
497, 1999-05-05
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Prospectus Supplement May 5, 1999*

IDS Extra Income Fund (July 30, 1998) S-6370 M (7/98)

The following  paragraph should be added after the paragraph on Jack Utter under
the "Portfolio manager' section of the prospectus:

Scott  Schroepfer,  senior  portfolio  manager,  joined AEFC in 1990.  He became
co-manager of this Fund and the IDS Life Income Advantage Fund in March 1999. He
also  serves  as a  portfolio  manager  of the IDS Life  Series  Fund -  Managed
Portfolio since 1995 and as associate portfolio manager since 1994.



S- 6370-11 A  (5/99)
*Destroy July 31, 1999




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