OPPENHEIMER TIME FUND
Supplement dated June 16, 1994 to the
Statement of Additional Information dated October 1, 1993
1. The supplement dated February 25, 1994 to the Statement of
Additional Information is hereby replaced.
2. The following replaces the biography of Jay Tracey on page 14
under the heading "Trustees and Officers":
PAUL LAROCCO, Assistant Vice President
Assistant Vice President of the Manager; an officer of other
OppenheimerFunds; formerly a Securities Analyst with Columbus
Circle Investors, prior to which he was an Investment Analyst
for Chicago Title & Trust Co.
June 16, 1994 SAI381
