March 22, 2000
DREYFUS INSURED MUNICIPAL BOND FUND, INC.
SUPPLEMENT TO PROSPECTUS
DATED SEPTEMBER 1, 1999
Effective March 22, 2000, Dreyfus Service Corporation became the fund's
distributor and entitled to receive all fees payable by the fund under its Rule
12b-1 Plan.
March 22, 2000
DREYFUS INSURED MUNICIPAL BOND FUND, INC.
SUPPLEMENT TO THE
STATEMENT OF ADDITIONAL INFORMATION
DATED SEPTEMBER 1, 1999
1. THE FOLLOWING INFORMATION REPLACES ALL CONTRARY INFORMATION CONTAINED IN THE
SECTIONS OF THE STATEMENT OF ADDITIONAL INFORMATION ("SAI") ENTITLED
"DESCRIPTION OF THE FUND", "MANAGEMENT OF THE FUND" AND "MANAGEMENT
ARRANGEMENTS":
Effective March 22, 2000, Dreyfus Service Corporation ("DSC") became the
distributor to the Fund. DSC is located at 200 Park Avenue, New York, NY 10166.
2. THE FOLLOWING INFORMATION REPLACES THE INFORMATION CONTAINED IN THE SECTION
OF THE STATEMENT OF ADDITIONAL INFORMATION ("SAI") ENTITLED "MANAGEMENT OF THE
FUND - OFFICERS OF THE FUND":
STEPHEN E. CANTER, PRESIDENT. President, Chief Operating Officer, and Chief
Investment Officer of the Manager, and an officer of other investment
companies advised and administered by the Manager. Mr. Canter also is a
Director or an Executive Committee Member of the other investment
management subsidiaries of Mellon Financial Corporation, each of which is
an affiliate of the Manager. He is 54 years old.
MARK N. JACOBS, VICE PRESIDENT. Vice President and General Counsel of the
Manager, and an officer of other investment companies advised and
administered by the Manager. He is 53 years old.
JOSEPH CONNOLLY, VICE PRESIDENT AND TREASURER. Director - Mutual Fund Accounting
of the Manager, and an officer of other investment companies advised and
administered by the Manager. He is 42 years old.
JOHN B. HAMMALIAN, SECRETARY. Associate General Counsel of the Manager, and an
officer of other investment companies advised and administered by the
Manager. He is 36 years old.
STEVEN F. NEWMAN, ASSISTANT SECRETARY. Associate General Counsel of the Manager,
and an officer of other investment companies advised and administered by
the Manager. He is 50 years old.
MICHAEL A. ROSENBERG, ASSISTANT SECRETARY. Associate General Counsel of the
Manager, and an officer of other investment companies advised and
administered by the Manager. He is 40 years old.
GREGORY S. GRUBER, ASSISTANT TREASURER. Senior Accounting Manager-- Municipal
Bond Funds of the Manager, and an officer of other investment companies
advised and administered by the Manager. He is 40 years old.
The address of each Fund officer is 200 Park Avenue, New York, NY 10166.
(CONTINUED ON OTHER SIDE)
3. THE FOLLOWING INFORMATION SUPPLEMENTS AND REPLACES ALL CONTRARY
INFORMATION CONTAINED IN THE SECTION OF THE SAIENTITLED
"SERVICE PLANS":
Coincident with the transfer of distribution responsibilities from
Premier to DSC, the Fund's Board adopted amendments to the Fund's Service Plan
9solely to reflect DSC as distributor, and to make other non-material amendments
to update the Plan. There was no change to the amount payable under the Plan or
to any other material terms to the Plan. The Amended Plan provides that DSC is
entitled to reimbursement for distributing Fund shares and to receive payments
for advertising and marketing related to Fund shares and for servicing
shareholder accounts.
