FIRST INVESTORS GOVERNMENT FUND INC
497, 1998-08-18
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                        FIRST INVESTORS GLOBAL FUND, INC.
                      FIRST INVESTORS GOVERNMENT FUND, INC.
                        Supplement dated August 19, 1998
                       to Prospectus dated April 30, 1998


1. Item No. (8) under  "How to Buy  Shares-Waivers  of Class A Sales  Charges"
on page 20 should read as follows:

(8) any  purchase  made during the period  November  15, 1998 to February  28,
1999 with the  proceeds  from a redemption  made after  November 14, 1998 from
the 3rd Fund of First Investors U.S. Government Plus Fund;

2. The following  sentence replaces the last two sentences of the last paragraph
under "Dividends and Other Distributions" on page 31:

Any subsequent  dividend or other  distribution will be reinvested in additional
shares of the distributing  class at net asset value until the Fund receives new
instructions.

3. The  following  replaces the paragraph  "Class A Shares"  under  "Alternative
Purchase Plans" on page 17:

      CLASS A SHARES. Class A shares are sold with an initial sales charge of up
to 6.25% of the offering  price with discounts  available for volume  purchases.
Class A shares are subject to a maximum 12b-1 fee at the annual rate of 0.30% of
each Fund's average daily net assets attributable to Class A shares. The initial
sales charge is waived for certain  purchases  and a contingent  deferred  sales
charge ("CDSC") may be imposed on such purchases.
See "How to Buy Shares."

4. The  following  replaces the paragraph  "Class B Shares"  under  "Alternative
Purchase Plans" on page 17:

      CLASS B SHARES.  Class B shares are sold without an initial  sales charge,
but are generally subject to a CDSC which declines in steps from 4% to 0% during
a six-year period and bear a higher 12b-1 fee than Class shares.  Class B shares
pay a 12b-1 fee at the annual  rate of 1.00% of each  Fund's  average  daily net
assets  attributable to Class B shares,  of which no more than 0.25% may be paid
as a service fee and the balance  thereof paid as an  asset-based  sales charge.
Class B shares automatically  convert into Class A shares after eight years. See
"How to Buy Shares."


FIGGP898




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