LORD ABBETT TAX FREE INCOME FUND INC
497, 1998-11-18
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                     LORD ABBETT TAX-FREE INCOME FUND, INC.

              Supplement to the Statement of Additional Information
                             dated February 1, 1998

The Statement of Additional  Information for the above-referenced Fund is hereby
supplemented as follows:

1.       The following  information should be read in lieu of that presently set
         forth  under  the  caption   "Investment   Objective  and  Policies"  -
         "Fundamental Investment Restrictions":

                  Each  Series may not:  (7) invest more than 25% of its assets,
                  taken at market  value,  in the  securities  of issuers in any
                  particular industry (excluding tax-exempt securities,  such as
                  tax-exempt   securities   financing  facilities  in  the  same
                  industry or issued by nongovernmental  users and securities of
                  the U.S. Government, its agencies and instrumentalities).


Effective Date:   November 18, 1998





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