SSgA FUNDS
SUPPLEMENT DATED DECEMBER 16, 1998
TO PROSPECTUS DATED APRIL 28, 1998 (AS REVISED APRIL 29, 1998)
SSgA INTERNATIONAL GROWTH OPPORTUNITIES FUND
Effective immediately, the lead portfolio manager of the SSgA International
Growth Opportunities Fund is Ms. Judith Saryan, CFA, Principal of State Street
Global Advisors ("SSgA"). Ms. Saryan joined State Street Bank and Trust Company
in 1980. Bringing over 20 years of experience, she is a senior contributor to
the investment process of the SSgA Global Fundamental research team. Ms. Saryan
received her BA degree from Wellesley College with a major in economics. There
are four other portfolio managers working with Ms. Saryan on the Fund.