OPPENHEIMER GLOBAL FUND
497, 1995-10-10
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                         OPPENHEIMER GLOBAL FUND
                Supplement dated October 2, 1995, to the
                    Prospectus dated October 1, 1995.
                                    
The Prospectus is changed as follows:

The following text is added to the paragraph immediately following the
Class A sales charge table on page 27 of the Prospectus:

          In addition to paying dealers the regular commission for
     sales of Class A shares stated in the sales charge table in
     "Buying Class A Shares," and the commissions for Class B shares
     described in the third paragraph in "Distribution and Service
     Plan for Class B Shares" on page 32 of this Prospectus, the
     Distributor will pay additional commission to each participating
     broker, dealer and financial institution that has a sales
     agreement with the Distributor (these are referred to as
     "participating firms") for shares of the Fund sold in
     "qualifying transactions" from September 1, 1995, through
     November 30, 1995 (that period is referred to as the
     "promotion"). The additional commission will be 1.00% of the
     offering price of Class A shares and 0.75% of the offering price
     of Class B shares of the Fund sold by a registered
     representative or sales representative of a participating firm.

          "Qualifying transactions" are sales by a registered
     representative or sales representative in the amount of $100,000
     or more (calculated at offering price) of Class A and/or Class
     B shares (if offered) of any one or more of the following funds:
     the Fund, Oppenheimer Main Street Income & Growth Fund,
     Oppenheimer Global Growth & Income Fund, Oppenheimer Global
     Emerging Growth Fund, Oppenheimer Growth Fund, Oppenheimer
     International Bond Fund, Oppenheimer Limited-Term Government
     Fund, and Oppenheimer Strategic Income Fund. The amount of
     additional commissions paid on sales of shares of some of the
     other Oppenheimer funds listed is different than the additional
     commissions paid for sales of shares of the Fund.  "Qualifying
     transactions" do not include sales of Class A shares (a) at net
     asset value without sales charge, or (b) subject to a contingent
     deferred sales charge, or (c) intended but not yet transacted
     under a Letter of Intent. However,  if Class A shares of the
     Fund or any of the other Oppenheimer funds listed above are
     purchased at net asset value without sales charge during the
     promotion with the proceeds of shares redeemed within the prior
     12 months from another mutual fund (other than a fund managed
     by Oppenheimer Management Corporation or one of its
     subsidiaries) on which an initial sales charge or contingent
     sales charge was paid, the amount of the purchase will count
     toward the $100,000 qualifying amount described above (but not
     for the payment of additional commission).

October 2, 1995                                            PS0330.008


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