OPPENHEIMER GLOBAL FUND
497, 1995-03-31
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OPPENHEIMER GLOBAL FUND
Supplement Dated March 31, 1995 to the
Prospectus Dated February 1, 1995


The Prospectus is amended as follows:

1.   Under  "Expenses" on page 2, the chart "Shareholder Transaction
Expenses" is amended by deleting the references to the $5.00 fee for
"Exchanges"  and inserting "None" on that line under the headings for
Class A Shares and Class B Shares; footnote 2 is deleted from that chart.

2.   Under "How Much Do You Plan to Invest?" in "How to Buy Shares" on
page 15, the  third paragraph is amended to read as follows:

     For most investors who invest $500,000 or more, in most cases
     Class A shares will be the more advantageous choice, no matter
     how long you intend to hold your shares. For that reason, the
     Distributor normally will not accept purchase orders of $500,000
     or more for Class B shares from a single investor. 

3.   Under "Waivers of Class A Sales Charges" in "Reduced Sales Charges
for Class A Share Purchases" on page 18,  the first sentence in the second
paragraph of that subsection is amended by adding a new section (d) after
section (c) as follows:

     . . . . or (d) purchased and paid for with the redemption
     proceeds of shares of a mutual fund, other than a money market
     fund or another fund managed by the Manager or any of its
     affiliates (this waiver must be requested when you or your
     dealer places the purchase order for your shares of the Fund,
     and the Distributor may require evidence of your qualification
     for this waiver).

4.   The subheading "Telephone Redemptions Through AccountLink" on page
23 under "How To Sell Shares" is amended to read "Telephone Redemptions
Through AccountLink or By Wire," and a second paragraph is added to that
sub-section as follows:

                                                   (continued)
<PAGE>


     Shareholders may also have the Transfer Agent send redemption
     proceeds of $2,500 or more by Federal Funds wire to a designated
     commercial bank account. The bank must be a member of the
     Federal Reserve wire system.  To place a wire redemption
     request, call the Transfer Agent at 1-800-852-8457. The wire
     will normally be transmitted on the next bank business day after
     the shares are redeemed. There is a possibility that the wire
     may be delayed up to seven days to enable the Fund to sell
     securities to pay the redemption proceeds. No dividends are
     accrued or paid on the proceeds of shares that have been
     redeemed and are awaiting transmittal by wire. To establish wire
     redemption privileges on an account that is already established,
     please contact the Transfer Agent for instructions.

5.   In the first paragraph of the section "How To Exchange Shares" on
page 23, the second and third sentences are deleted.

March 31, 1995



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