OPPENHEIMER TIME FUND
Supplement dated February 25, 1994
to the Prospectus dated October 1, 1993
The section of the Prospectus entitled "Management of the Fund" on
pages 8-9 is amended by replacing the second full paragraph of that
section, beginning on page 9, with the following paragraph:
Effective February 25, 1994, Mr. Paul LaRocco, an Assistant
Vice President of the Manager, serves as the acting Portfolio
Manager of the Fund, for which he has acted as an associate
portfolio manager since January, 1993, when he joined the
Manager. He also serves as the Portfolio Manager for the
Capital Appreciation Fund of Oppenheimer Variable Account Funds
and as acting Portfolio Manager of Oppenheimer Discovery Fund.
Prior to joining the Manager, he was a securities analyst for
Columbus Circle Investors, an investment adviser, prior to which
he was an investment analyst for Chicago Title & Trust Company.
For more information about the Trustees and Officers of the
Fund, please refer to "Trustees and Officers" in the Statement
of Additional Information.
February 25, 1994 PS380
