MFS SERIES TRUST I
497, 1997-01-02
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                          Massachusetts Investors Trust
                   Massachusetts Investors Growth Stock Fund
                           MFS(R) Capital Growth Fund
                           MFS(R) Emerging Growth Fund
                      MFS(R) Gold & Natural Resources Fund
                        MFS(R) Growth Opportunities Fund
                           MFS(R) Managed Sectors Fund
                                 MFS(R) OTC Fund
                              MFS(R) Research Fund
                                MFS(R) Value Fund
                            MFS(R) Total Return Fund
                              MFS(R) Utilities Fund
                                MFS(R) Bond Fund
                         MFS(R) Government Mortgage Fund
                        MFS(R) Government Securities Fund
                             MFS(R) High Income Fund
                         MFS(R) Intermediate Income Fund
                          MFS(R) Strategic Income Fund
                     MFS(R) Government Limited Maturity Fund
                          MFS(R) Limited Maturity Fund
                            MFS(R) World Equity Fund
                          MFS(R) World Governments Fund
                            MFS(R) World Growth Fund
                         MFS(R) World Total Return Fund
                       MFS(R) World Asset Allocation Fund
                            MFS(R) Cash Reserve Fund
                       MFS(R) Government Money Market Fund
                            MFS(R) Money Market Fund

                      Supplement to the Current Prospectus


Class A shares of the Fund may be  purchased  at net asset  value by  retirement
plans whose third party  administrators  have entered into an agreement with MFS
Fund  Distributors,  Inc.  ("MFD") or one or more of its  affiliates  to perform
certain  administrative  services,  subject to certain operational  requirements
specified from time to time by MFD or its affiliates.

In lieu  of the  sales  commission  and  service  fees  normally  paid by MFD to
broker-dealers  of record as described in the Prospectus,  MFD has agreed to pay
Bear, Stearns & Co. Inc. the following amounts with respect to Class A shares of
the Fund purchased through a special  retirement plan program offered by a third
party administrator: (i) an amount equal to 0.05% per annum of the average daily
net assets invested in shares of the Fund pursuant to such program,  and (ii) an
amount  equal to 0.20% of the net asset value of all net  purchases of shares of
the Fund made through such  program,  subject to a refund in the event that such
shares are redeemed within 36 months.

                The date of this Supplement is February 1, 1995.



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                            MFS(R) CASH RESERVE FUND
                   MASSACHUSETTS INVESTORS GROWTH STOCK FUND
                            MFS(R) TOTAL RETURN FUND
                MFS/FOREIGN & COLONIAL INTERNATIONAL GROWTH FUND
                        MFS(R) GROWTH OPPORTUNITIES FUND
           MFS/FOREIGN & COLONIAL INTERNATIONAL GROWTH AND INCOME FUND
                           MFS(R) EMERGING GROWTH FUND
               MFS/FOREIGN & COLONIAL EMERGING MARKETS EQUITY FUND
                           MFS(R) CAPITAL GROWTH FUND
                       MFS(R) ALABAMA MUNICIPAL BOND FUND
                         MFS(R) INTERMEDIATE INCOME FUND
                       MFS(R) ARKANSAS MUNICIPAL BOND FUND
                      MFS(R) GOLD & NATURAL RESOURCES FUND
                      MFS(R) CALIFORNIA MUNICIPAL BOND FUND
                           MFS(R) MANAGED SECTORS FUND
                       MFS(R) FLORIDA MUNICIPAL BOND FUND
                                MFS(R) VALUE FUND
                       MFS(R) GEORGIA MUNICIPAL BOND FUND
                              MFS(R) UTILITIES FUND
                       MFS(R) MARYLAND MUNICIPAL BOND FUND
                            MFS(R) WORLD EQUITY FUND
                    MFS(R) MASSACHUSETTS MUNICIPAL BOND FUND
                         MFS(R) WORLD TOTAL RETURN FUND
                     MFS(R) MISSISSIPPI MUNICIPAL BOND FUND
                                MFS(R) BOND FUND
                       MFS(R) NEW YORK MUNICIPAL BOND FUND
                          MFS(R) LIMITED MATURITY FUND
                    MFS(R) NORTH CAROLINA MUNICIPAL BOND FUND
                         MFS(R) GOVERNMENT MORTGAGE FUND
                     MFS(R) PENNSYLVANIA MUNICIPAL BOND FUND
                     MFS(R) GOVERNMENT LIMITED MATURITY FUND
                    MFS(R) SOUTH CAROLINA MUNICIPAL BOND FUND
                        MFS(R) GOVERNMENT SECURITIES FUND
                      MFS(R) TENNESSEE MUNICIPAL BOND FUND
                             MFS(R) HIGH INCOME FUND
                       MFS(R) VIRGINIA MUNICIPAL BOND FUND
                          MFS(R) STRATEGIC INCOME FUND
                    MFS(R) WEST VIRGINIA MUNICIPAL BOND FUND
                          MFS(R) WORLD GOVERNMENTS FUND
                     MFS(R) MUNICIPAL LIMITED MATURITY FUND
                            MFS(R) WORLD GROWTH FUND
                           MFS(R) MUNICIPAL BOND FUND
                                 MFS(R) OTC FUND
                          MFS(R) MUNICIPAL INCOME FUND
                        MFS(R) MUNICIPAL HIGH INCOME FUND
                              MFS(R) RESEARCH FUND
                       MFS(R) GOVERNMENT MONEY MARKET FUND
                       MFS(R) WORLD ASSET ALLOCATION FUND
                          MASSACHUSETTS INVESTORS TRUST
                            MFS(R) MONEY MARKET FUND


                      Supplement to the Current Prospectus

         The following  information  supplements the disclosure  found under the
caption  "Information  Concerning  Shares  of  the  Fund  -  Purchases"  in  the
Prospectus:


         MFS Fund  Distributors,  Inc.  ("MFD"),  the distributor of each of the
         above-named funds (the "Funds"), has entered into a long-term exclusive
         marketing agreement with IBAA Financial Services Corporation  ("IBFS"),
         pursuant  to  which  MFD  has  agreed  to  pay  IBFS,   as   additional
         compensation  for IBFS'  marketing and  distribution  of the Funds,  an
         annual amount  (subject to a minimum) based upon the value of shares of
         the Funds for which IBFS acts as broker-dealer of record plus the value
         of shares of the Funds sold by IBFS during such year.

               The date of this Supplement is September 15, 1996.



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                            MFS Managed Sectors Fund
                MFS/Foreign & Colonial International Growth Fund
                         MFS World Asset Allocation Fund
          MFS/Foreign & Colonial International Growth and Income Fund
                       MFS Research Growth and Income Fund
              MFS/Foreign & Colonial Emerging Markets Equity Fund
                            MFS Emerging Growth Fund
                         MFS Alabama Municipal Bond Fund
                             MFS Capital Growth Fund
                        MFS Arkansas Municipal Bond Fund
                        MFS Gold & Natural Resources Fund
                       MFS California Municipal Bond Fund
                          MFS Intermediate Income Fund
                         MFS Florida Municipal Bond Fund
                              MFS High Income Fund
                         MFS Georgia Municipal Bond Fund
                         MFS Municipal High Income Fund
                        MFS Maryland Municipal Bond Fund
                             MFS Municipal Bond Fund
                      MFS Massachusetts Municipal Bond Fund
                                  MFS OTC Fund
                       MFS Mississippi Municipal Bond Fund
                              MFS Total Return Fund
                        MFS New York Municipal Bond Fund
                                MFS Research Fund
                     MFS North Carolina Municipal Bond Fund
                           MFS World Total Return Fund
                      MFS Pennsylvania Municipal Bond Fund
                               MFS Utilities Fund
                     MFS South Carolina Municipal Bond Fund
                              MFS World Equity Fund
                        MFS Tennessee Municipal Bond Fund
                           MFS World Governments Fund
                        MFS Virginia Municipal Bond Fund
                                 MFS Value Fund
                      MFS West Virginia Municipal Bond Fund
                            MFS Strategic Income Fund
                            MFS Municipal Income Fund
                              MFS World Growth Fund
                          MFS Growth Opportunities Fund
                                  MFS Bond Fund
                         MFS Government Securities Fund
                            MFS Limited Maturity Fund
                   Massachusetts Investors Growth Stock Fund
                       MFS Municipal Limited Maturity Fund
                      MFS Government Limited Maturity Fund
                          MFS Government Mortgage Fund
                          Massachusetts Investors Trust


                      Supplement to the Current Prospectus



         During the period from January 2, 1997 through April 15, 1997 (unless
extended by MFS Fund Distributors, Inc. ("MFD")) (the "Sales Period"), MFD
will pay A. G. Edwards & Sons, Inc. 100% of the applicable sales charge on
sales of Class A shares of each of the funds listed above (the "Funds") sold
by A. G. Edwards & Sons, Inc. to shareholders purchasing such Funds through
MFS Individual Retirement Accounts (excluding SEP-IRAs) ("Eligible IRAs")
during the Sales Period.  In addition, MFD will pay A. G. Edwards & Sons, Inc.
an additional commission equal to 0.50% of the net asset value of all of the
Class B shares of the Funds sold by A. G. Edwards & Sons, Inc. to shareholders
purchasing such Funds through Eligible IRAs during the Sales Period.  A Letter
of Acceptance with respect to the transfer of funds into such Eligible IRA
must be received by MFS Service Center, Inc. (the "Shareholder Servicing
Agent") during the Sales Period, and the Shareholder Servicing Agent must
receive the proceeds representing such transfer by April 29, 1997, in order
for the dealer to receive the above-described commission.

         Although municipal bond funds, such as the various MFS single-state and
other  municipal  bond  funds  listed  above,  are  generally  available  as  an
investment  choice for an IRA,  they may not be suitable for inclusion in an IRA
due  to  their  tax-exempt  nature.  A  shareholder  should  consult  his or her
financial or tax adviser regarding any such investment.

                The date of this Supplement is January 1, 1997.



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