OPPENHEIMER GLOBAL BIO-TECH FUND
Supplement dated July 5, 1994
to the Prospectus dated February 1, 1994
The Prospectus is amended as follows:
The second paragraph under the caption "How To Buy Shares -- Minimum
Investment" on page 11 is deleted and replaced with the following:
Shares of the Fund are not available for sale to new investors,
including shares purchased by exchange from "Eligible Funds"
(defined below), lump-sum purchases, and purchases under an Asset
Builder Plan (described below) or by reinvestment of dividends or
distributions from other "Eligible Funds," or under the
"Reinvestment Privilege," described below. Existing Fund
shareholders may purchase Fund shares in amounts up to $25,000 per
investor per month, including within that limit shares purchased by
exchange from "Eligible Funds," lump-sum purchases, and purchases
under an Asset Builder Plan or by reinvestment of dividends or
distributions from other "Eligible Funds," or under the
"Reinvestment Privilege." The $25,000 monthly limit on purchases
described in the previous sentence does not apply to purchases of
shares in the amount of $1 million or more by an "institutional
investor." The determination as to whether a particular investor is
an "institutional investor" shall be made by the Distributor, in its
sole discretion, based upon information provided to it at the time
of purchase by the investor or the investor's dealer and which is
satisfactory to the Distributor. The foregoing is subject to the
right of the Fund and the Distributor, in their complete discretion,
to modify or terminate the terms of this offer at any time without
prior notice. The remaining sections of this Prospectus are hereby
amended to conform to the terms of this offer.
July 5, 1994 PS750
