May 25, 2000
DRREYFUS PREMIER VALUE EQUITY FUNDS
DREYFUS PREMIER VALUE FUND
DREYFUS PREMIER INTERNATIONAL VALUE FUND
SUPPLEMENT TO STATEMENT OF ADDITIONAL INFORMATION
DATED MARCH 1, 2000
THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION CONTAINED IN THE
SECTION OF THE FUND'S STATEMENT OF ADDITIONAL INFORMATION ENTITLED "SHAREHOLDER
SERVICES - AUTOMATIC WITHDRAWAL PLAN."
Class B Shares - Dreyfus Automatic Withdrawal Plan
For any Fund account opened on or after July 24, 2000, or any existing
Fund account to which the Dreyfus Automatic Withdrawal Plan ("AWP") is added on
or after July 24, 2000, there will be no CDSC on Class B shares redeemed
pursuant to an AWP withdrawal, as long as the amount of the withdrawal does not
exceed an annual rate of 12% of the greater of the account value at the time of
the first withdrawal under the AWP, or the account value at the time of the
subsequent withdrawal. Withdrawals with respect to Class B shares under the AWP
that exceed such amounts will be subject to a CDSC.
