OPPENHEIMER QUEST FOR VALUE FUNDS
497, 2000-03-10
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                       OPPENHEIMER QUEST SMALL CAP VALUE FUND
                       Supplement dated March 10, 2000 to the
                         Prospectus dated February 25, 2000

The Prospectus is supplemented as follows:

      1. The subsection "Telephone  Redemptions Paid by Check" under the heading
      "Are There Limits on Amounts  Redeemed by Telephone" on page 23 is deleted
      and replaced with the following:

                 Up to  $100,000  may be  redeemed  by  telephone  in any  7-day
           period.  The check  must be  payable  to all  owners of record of the
           shares and must be sent to the address on the account statement. This
           service is not available within 30 days of changing the address on an
           account.





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