October 1, 1997
Ruth Sanders Esq.
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: T. Rowe Price GNMA Fund
File Nos.: 33-01041/811-4441
Dear Ms. Sanders:
This letter will serve as our filing under provisions of Rule 497 of the
Securities Act of 1933. We are writing to inform you that there have been no
changes to the Fund's Prospectus and Statement of Additional Information that
were filed under Rule 485(b) as part of Post-Effective Amendment No. 20 on
September 18, 1997. The Prospectus and Statement of Additional Information went
effective on October 1, 1997. These documents will be used for the offer and
sale of Fund shares.
Sincerely,
/s/Forrest R. Foss
Forrest R. Foss
