MAS FUNDS /MA/, 497, 1997-02-19

MAS FUNDS /MA/
497, 1997-02-19

Previous: DEFINED ASSET FUNDS MUNICIPAL INVT TR FD NEW YORK SER 83, 24F-2NT, 1997-02-19

Next: DEFINED ASSET FUNDS CORP INCOME FUND PREF STOCK PUT SER 2, 24F-2NT, 1997-02-19



<PAGE>

                                   MAS FUNDS

    Supplement dated February 13, 1997 to Prospectuses dated January 31, 1997


     On February 5, 1997, Morgan Stanley Group Inc. and Dean Witter, Discover &
Co. announced that they had entered into an Agreement and Plan of Merger to form
Morgan Stanley, Dean Witter, Discover & Co. Dean Witter, Discover & Co. is a
financial services company with three major businesses: full service brokerage,
credit services and asset management Morgan Stanley is the indirect parent of
Miller Anderson & Sherrerd, LLP, the Fund's investment adviser.

     Subject to certain conditions being met, it is currently anticipated that 
the transaction will close in mid-1997. Thereafter, Miller Anderson & Sherrerd, 
LLP will be a subsidiary of Morgan Stanley, Dean Witter, Discover & Co.

                      
                       PLEASE RETAIN FOR FUTURE REFERENCE