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THE PARKSTONE GROUP OF FUNDS
THE PARKSTONE TREASURY FUND
INSTITUTIONAL SHARES
INVESTOR A SHARES
Supplement dated April 24, 1997
to Prospectus dated October 8, 1996,
as Supplemented October 16, 1996,
December 20, 1996, and February 25, 1997
The Prospectus for The Parkstone Treasury Fund is hereby amended to
remove the ability of the Fund to engage in the lending of portfolio securities.
Consequently, the first sentence of the section of your Prospectus entitled
"RISK FACTORS AND INVESTMENT TECHNIQUES-Lending Portfolio Securities" (page 49
of the Institutional Shares Prospectus and page 51 of the Investor A Shares
Prospectus) is amended as follows:
In order to generate additional income, each Fund
except the Treasury Fund may, from time to time, lend
its portfolio securities to broker-dealers, banks, or
institutional borrowers of securities.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT
WITH THE PROSPECTUS FOR FUTURE REFERENCE
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THE PARKSTONE GROUP OF FUNDS
THE PARKSTONE TREASURY FUND
Supplement dated April 24, 1997
to Statement of Additional Information
dated December 30, 1996
The Statement of Additional Information for The Parkstone Group of
Funds is hereby amended to remove the ability of The Parkstone Treasury Fund to
engage in the lending of portfolio securities. Consequently, the first sentence
of the section of your Statement of Additional Information entitled "Lending of
Portfolio Securities" (page 16 of the Statement of Additional Information) is
amended as follows:
In order to generate additional income, each of the
Funds except the Treasury Fund may, from time to time,
lend its portfolio securities to broker-dealers, banks,
or institutional borrowers of securities.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH
THE STATEMENT OF ADDITIONAL INFORMATION FOR FUTURE REFERENCE