MFS SERIES TRUST I
497, 2000-01-24
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                            MFS(R) New Discovery Fund

                      Supplement to the Current Prospectus

     Effective January 1, 2000, footnote (3) of the Expense Table in the Expense
Summary section is hereby revised as follows:

(3) MFS has  contractually  agreed  to bear  the  fund's  expenses,  subject  to
reimbursement, such that "Other Expenses", after taking into account the expense
offset  arrangement  described  below,  do  not  exceed  0.30%  annually.   This
contractual fee arrangement will continue until at least January 1, 2001, absent
an earlier  modification  approved by the board of trustees  which  oversees the
fund.

                The date of this Supplement is January 24, 2000.



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