August 10, 1999
DREYFUS PREMIER STATE MUNICIPAL BOND FUND
SUPPLEMENT TO PROSPECTUS
DATED AUGUST 28, 1998
As of the date of this supplement, Stephen C. Kris no longer serves as a
portfolio manager of the Florida Series and Georgia Series of the Fund. Douglas
J. Gaylor is hereby appointed primary portfolio manager of the Florida Series
and A. Paul Disdier is hereby appointed primary portfolio manager of the Georgia
Series.
The second paragraph under the heading "Management of the Fund - Investment
Adviser" should be replaced with the following:
The Dreyfus Corporation supervises and assists in the overall management of
the Fund' s affairs under a Management Agreement with the Fund, subject to the
authority of the Fund's Board in accordance with Massachusetts law. The primary
portfolio manager for each of the Connecticut and Virginia Series is Samuel J.
Weinstock, who has held that position since August 1987 with respect to the
Connecticut Series and August 1991 with respect to the Virginia Series, and has
been employed by The Dreyfus Corporation since March 1987. The primary portfolio
manager for each of the Florida Series, Maryland Series, Pennsylvania Series and
Texas Series is Douglas J. Gaylor, who has held that position since August 1999
with respect to the Florida Series and since January 1996 with respect to each
of the Maryland Series, Pennsylvania Series and Texas Series, and has been
employed at The Dreyfus Corporation since January 1996. Prior to joining The
Dreyfus Corporation, Mr. Gaylor was a Municipal Portfolio Manager at PNC Bank
since September 1993. The primary portfolio manager for the Georgia Series is A.
Paul Disdier, who has held that position since August 1999, and who has been
employed by the Dreyfus Corporation since February 1988. The primary portfolio
manager for each of the Massachusetts, Michigan, Minnesota, New Jersey, North
Carolina and Ohio Series is W. Michael Petty, who has held that position since
August 1997 and has been employed by The Dreyfus Corporation since June 1997.
Prior to joining The Dreyfus Corporation, Mr. Petty was Vice President and a
portfolio manager of municipal bond funds at Merrill Lynch Asset Management,
Inc. since 1992. The Fund' s other portfolio managers are identified in the
Statement of Additional Information. The Dreyfus Corporation also provides
research services for the Fund and for other funds it advises through a
professional staff of portfolio managers and securities analysts.
PSTMBs0899
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