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497E
AVESTA TRUST
Supplement dated August 26, 1996 to
the Prospectus dated April 29, 1996
THE FOLLOWING SUPPLEMENTS THE INFORMATION INCLUDED UNDER "ADMINISTRATION OF THE
TRUST - MANAGEMENT OF THE TRUST": On August 26, 1996, Henry J. Lartigue, Chief
Investment Officer, became the portfolio manager for the International Equity
Fund (replacing Theodore Davis). Mr. Lartigue has been employed by TCB from
before 1989 through July of 1992. Between July of 1992 and July of 1994, Mr.
Lartigue was self-employed as an investment advisor.