Legg Mason Equity Funds
Legg Mason Value Trust, Inc.
Legg Mason Total Return Trust, Inc.
Legg Mason Special Investment Trust, Inc.
Legg Mason American Leading Companies Trust
Legg Mason Balanced Trust
Legg Mason U.S. Small-Capitalization Value Trust
Legg Mason Financial Services Fund
Supplement to the Prospectus dated July 31, 2000
The following should replace the first sentence for Lisa O. Rapuano under the
heading "Portfolio Management" on page 30 of the Prospectus:
Lisa O. Rapuano, CFA, Vice President and Director of Research of LMFM, has been
primarily responsible for the day-to-day management of Special Investment Trust
since January 2, 2001. Prior to this date, Mrs. Rapuano and Mr. Miller
co-managed the fund for slightly over three years.
This Supplement is dated January 4, 2001.
