Supplement, dated May 13, 1998, to the prospectus, dated May 1, 1998,
of
Seligman Portfolios, Inc. (the "Fund")
Effective immediately, the following supersedes and replaces the
information contained in the second paragraph set forth in the Fund's prospectus
under "Management Services--Portfolio Management."
Marion S. Schultheis, who joined the Manager as Managing Director in
May 1998, is Portfolio Manager of the Seligman Capital Portfolio and the
Seligman Henderson Global Growth Opportunities Portfolio of the Fund. Ms.
Schultheis is also Portfolio Manager of Seligman Capital Fund, Inc., Seligman
Growth Fund, Inc. and Seligman Henderson Global Growth Opportunities Fund, a
series of Seligman Henderson Global Fund Series, Inc. From October 1997
until May 1998, she was a Managing Director at Chancellor LGT. Prior
thereto, Ms. Schultheis was a Senior Portfolio Manager at IDS Advisory Group
Inc. from August 1987 until October 1997.
Supp1-5/98
