OPPENHEIMER QUEST OPPORTUNITY VALUE FUND
Supplement Dated September 13, 1996
to the Prospectus dated February 15, 1996
The prospectus is amended as follows:
The sixth bullet point under the section captioned "Waivers
of Class A Sales Charges - Waivers of Initial and Contingent Deferred
Sales Charges for Certain Purchasers" on page 29 is deleted and
replaced with the following two bullet points:
- - dealers, brokers or registered investment advisers that have
entered into an agreement with the Distributor providing specifically
for the use of shares of the Fund in particular investment products
made available to their clients (those clients may be charged a
transaction fee by their dealer, broker or adviser for the purchase or
sale of Fund shares);
- - (1) investment advisors and financial planners who charge an
advisory, consulting or other fee for their services and buy shares for
their own accounts or the accounts of their clients, and (2) retirement
plans and deferred compensation plans and trusts used to fund those
plans (including, for example, plans qualified or created under
sections 401(a), 403(b) or 457 of the Internal Revenue Code), and
"rabbi trusts" that buy shares for their own accounts, in each case if
those purchases are made through a broker or agent or other financial
intermediary that has made special arrangements with the Distributor
for those purchases; (3) clients of such investment advisors or
financial planners who buy shares for their own accounts may also
purchase shares without sales charge but only if their accounts are
linked to a master account of their investment advisor or financial
planner on the books and records of the broker, agent or financial
intermediary with which the Distributor has made such special
arrangements (each of these investors may be charged a fee by the
broker, agent or financial intermediary for purchasing shares).
September 13, 1996 PS0236.001
