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SUPPLEMENT TO THE PROSPECTUS OF
DEAN WITTER MANAGED ASSETS TRUST
Dated May 30, 1995
On August 24, 1995, the Board of Trustees of Dean Witter Managed Assets
Trust (the "Fund") approved an Agreement and Plan of Reorganization by and
between the Fund and Dean Witter Strategist Fund ("Strategist"), pursuant to
which the assets of the Fund would be combined with those of Strategist and
shareholders of the Fund would become shareholders of Strategist receiving
shares of Strategist equal to the value of their holdings in the Fund (the
"Reorganization"). The Reorganization is subject to the approval of shareholders
of the Fund. A proxy statement formally detailing the proposal and the reasons
for the Trustees' action, as well as information concerning Strategist, will be
distributed to shareholders of the Fund.
August 24, 1995
