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T. ROWE PRICE
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STATE TAX-FREE INCOME TRUST
Florida Insured Intermediate Tax-Free Fund
Supplement to Prospectus dated July 1, 1994
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The following sentences will be added at the end of the footnotes
in Table 1 under "Transaction and Fund Expenses" on page 2 of the
prospectus.
Effective March 1, 1995, T. Rowe Price agreed to extend the
existing expense limitation of 0.60% for a period of two
years from March 1, 1995. Fees waived or expenses paid or
assumed under this agreement are subject to reimbursement to
T. Rowe Price by the Fund whenever the Fund's expense ratio
is below 0.60%; however, no reimbursement will be made after
February 28, 1999, or if it would result in the expense
ratio exceeding 0.60%.
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The date of this supplement is February 28, 1995.
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