OPPENHEIMER BOND FUND FOR GROWTH
Supplement dated January 1, 1997 to the
Prospectus dated March 11, 1996
The Prospectus is changed as follows:
1. In addition to paying dealers the regular commission for (1) sales of
Class A shares stated in the sales charge table in "Buying Class A Shares" on
page 31, (2) sales of Class B shares described in the fourth paragraph in
"Distribution and Service Plans for Class B and Class C Shares" on page 38,
(3) sales of Class C shares described in the fifth paragraph in "Distribution
and Service Plans for Class B and Class C Shares" on page 38, and (4) sales of
Class M shares stated in the sales charge table in "Buying Class M Shares" on
page 40, the Distributor will pay additional commission to each broker, dealer
and financial institution that has a sales agreement with the Distributor and
agrees to accept that additional commission (these are referred to as
"participating firms") for Class A, Class B, Class C and Class M shares of the
Fund sold in "qualifying transactions" (the "promotion"). The additional
commission will be 1.00% of the offering price of shares of the Fund sold by a
registered representative or sales representative of a participating firm
during the promotion. If the additional commission is paid on the sale of
Class A shares of $500,000 or more or the sale of Class A shares to a SEP IRA
with 100 or more eligible participants and those shares are redeemed within 13
months from the end of the month in which they were purchased, the
participating firm will be required to return the additional commission.
"Qualifying transactions" are aggregate sales of $150,000 or more of
Class A, Class B, Class C and/or Class M shares of any one or more of the
Oppenheimer funds (except money market funds and municipal bond funds) for
rollovers or trustee-to-trustee transfers from another retirement plan
trustee, of IRA assets or other employee benefit plan assets from an account
or investment other than an account or investment in the Oppenheimer funds to
(1) IRAs, rollover IRAs, SEP IRAs and SAR-SEP IRAs, using the
OppenheimerFunds, Inc. prototype IRA agreement, if the rollover contribution
is received during the period from January 1, 1997 through April 15, 1997 (the
"promotion period"), or the acceptance of a direct rollover or trustee-to-
trustee transfer is acknowledged by the trustee of the OppenheimerFunds
prototype IRA during the promotion period, and (2) IRAs, rollover IRAs, SEP
IRAs and SAR-SEP IRAs using the A.G. Edwards & Sons, Inc. prototype IRA
agreement, if the rollover contribution or trustee-to-trustee payment is
received during the promotion period. "Qualifying transactions" do not
include (1) purchases of Class A shares intended but not yet made under a
Letter of Intent, and (2) purchases of Class A, Class B, Class C and/or Class
M shares with the redemption proceeds from an existing Oppenheimer funds
account.
2. The first paragraph of the section captioned "Class A Contingent
Deferred Sales Charge" in "Buying Class A Shares" on page 32, is revised by
adding the following subparagraph:
Purchases by a retirement plan qualified under section 401(a) if the
retirement plan has total plan assets of $500,000 or more.
January 1, 1997 PS0345.004
