INTERNATIONAL SERIES INC
497, 1995-04-21
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INTERNATIONAL INCOME FUND
(A Portfolio of International Series, Inc.)
Class A Shares, Class B Shares, and Class C Shares

Supplement to Prospectuses dated January 31, 1995
Under the sub-heading entitled "Sub-Adviser's Background", please insert the
following as the fourth paragraph:
      "John  W.  Beck  has been the Fund's co-portfolio manager  since
      April,  1995.  Mr.  Beck, a Vice President  of  Fiduciary  Trust
      International Limited, joined its parent in 1990. Mr. Beck was a
      portfolio  manager at Saudi International Bank from  1986  until
      1990. "
      
                                                              April 21, 1995


    FEDERATED SECURITIES CORP.

    Distributor
    A subsidiary of Federated Investors
    Federated Investors Tower
    Pittsburgh, PA  15222-3779
    46031P100
    46031P506
    46031P209
    G01110-02 (4/95)




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