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This is filed pursuant to Rule 497(c).
File Nos. 33-7812 and 811-04791.
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(LOGO) ALLIANCE MUNICIPAL INCOME FUND, INC.
- Insured National Portfolio
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February 1, 1996
Supplement to Prospectus dated February 1, 1996 for Arizona
Investors
Prospective Arizona investors should refer to the section
entitled "Insurance Feature of the Insured National Portfolio" on
page 14 for a further discussion concerning the insurance
feature.
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(R): This registered service mark used under license from the
owner, Alliance Capital Management L.P.
00250011.AF6