OPPENHEIMER GLOBAL BIO-TECH FUND
Supplement dated August 19, 1994
to the Statement of Additional Information dated February 1, 1994
The Statement of Additional Information is amended as follows:
1. The paragraph entitled "Sandra Panem, Vice President and Portfolio
Manager" under the caption "Trustees and Officers" on page 15 is
hereby deleted and replaced with the following:
JAMES AYER, Vice President and Portfolio Manager
Assistant Vice President of the Manager; an officer
and portfolio manager of other OppenheimerFunds;
formerly an International Equities Investment Officer
with Brown Brothers Harriman & Company.
August 19, 1994 SAI750
