<PAGE>
Prudential California Municipal Fund
(California Series)
(California Income Series)
(California Money Market Series)
Supplement dated December 10, 1996
Statement of Additional Information dated November 1, 1996
The following information supplements the Statement of Additional
Information of each of the Series listed above:
Increase in Borrowing Capabilities
Each Series' investment restriction regarding borrowing capabilities has
been modified to permit each Series to borrow up to 33 1/3% of the value of its
total assets (calculated when the loan is made) for temporary, extraordinary or
emergency purposes or for the clearance of transactions and to permit each
Series to pledge up to 33 1/3% of the value of its total assets to secure
permitted borrowings. The Series will not purchase portfolio securities if its
borrowings exceed 5% of its total assets.
MF960C-10 (12/10/96)