OPPENHEIMER DISCOVERY FUND
SUPPLEMENT DATED MARCH 16, 1998 TO THE
STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 15, 1998
The Statement of Additional Information is amended as follows:
1. The section captioned "Portfolio Management" under "The Manager and Its
Affiliates" on page 22 is revised to read as follows:
o PORTFOLIO MANAGEMENT. The Portfolio Managers of the Fund are Jay W.
Tracey, III and Alan Gilston, who are principally responsible for the day-to-day
management of the Fund's portfolio. Messrs. Tracey's and Gilston's background is
described in the Prospectus under "Portfolio Managers." Other members of the
Manager's Equity Portfolio Department provide the portfolio managers with
counsel and support in managing the Fund's portfolio.
March 16, 1998 PX0500.006
