FEDERATED INTERNATIONAL EQUITY FUND
(A PORTFOLIO OF INTERNATIONAL SERIES, INC.)
Class A Shares
SUPPLEMENT TO PROSPECTUS DATED JANUARY 31, 1995
Effective January 1, 1996, the special offering of full dealer
reallowance plus additional bonus payments on sales of Class A Shares
will no longer be offered. Accordingly, please delete Item 3 of the
Supplement to Prospectus dated June 16, 1995, which referred to the
last paragraph under the section entitled "Dealer Concession" on page
16 of the Class A Shares prospectus.
December 22, 1995
FEDERATED SECURITIES CORP.
Distributor RE
A subsidiary of FEDERATED
INVESTORS
Federated Investors Tower
PITTSBURGH, PA 15222-3779
CUSIP #46031P308
