SUPPLEMENT TO THE PROSPECTUS
TMK/United Funds, Inc.
The following information replaces the third paragraph on page 35 of the
disclosure in the section "Management":
Daniel P. Becker is primarily responsible for the day-to-day
management of the portfolio of Growth Portfolio. Mr. Becker has held
his responsibilities for the Growth Portfolio since January 1997. He
is Vice President of WRIMCO and of Waddell & Reed Asset Management
Company, an affiliate of WRIMCO. Mr. Becker has served as an
investment analyst with WRIMCO and Waddell & Reed, Inc. since October
1989.
The following information replaces the second paragraph on page 36 of the
disclosure in the section "Management":
Michael L. Avery is primarily responsible for the day-to-day
management of the equity portion of the portfolio of Asset Strategy
Portfolio. Mr. Avery has held his responsibilities for the Asset
Strategy Portfolio since January 1997. He is Vice President of
WRIMCO, Vice President of Waddell & Reed Asset Management Company, an
affiliate of WRIMCO, and Vice President of other investment companies
for which WRIMCO serves as investment manager. Mr. Avery has served
as the portfolio manager for investment companies managed by Waddell &
Reed, Inc. and its successor, WRIMCO, since February 1, 1994, has
served as the director of research of Waddell & Reed, Inc. and its
successor, WRIMCO, since August 1987, and has been an employee of
Waddell & Reed, Inc. and its successor, WRIMCO, since June 1981.
Daniel J. Vrabac is primarily responsible for the day-to-day
management of the fixed-income portion of the portfolio of Asset
Strategy Portfolio. Mr. Vrabac has held his responsibilities for the
Asset Strategy Portfolio since January 1997. He is Vice President of
Waddell & Reed Asset Management Company, an affiliate of WRIMCO. Mr.
Vrabac has served as an investment analyst with WRIMCO since May 1994,
and was a Vice President of Kansas City Life Insurance Company from
May 1983 to May 1994.
To be attached to the cover page of the Prospectus of TMK/United Funds, Inc.
dated May 1, 1996.
This supplement is dated January 30, 1997.
U-1143,ed 1/97
