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SANFORD C. BERNSTEIN FUND, INC.
Supplement dated March 14, 2000 filed pursuant to Rule 497(e) of the
Securities Exchange Act of 1933 to the Statement of Additional Information dated
February 1, 2000 pursuant to Post-Effective Amendment No. 21 (File Nos.
33-21844; 811-5555), which was filed with the Securities and Exchange Commission
on January 28, 2000.
The first paragraph under the heading "Manager and Distributor" in the
Statement of Additional Information (page 166 of the Post-Effective Amendment
filing referred to above) shall be amended to read as follows:
Manager. Sanford C. Bernstein & Co., Inc. ("Bernstein" or the
"Manager"), 767 Fifth Avenue, New York, New York 10153, has entered
into Management Agreements with the Fund, on behalf of each of the
Portfolios under which Bernstein acts as investment adviser for
each of the Portfolios. Bernstein is wholly-owned by Sanford C.
Bernstein Inc., a closely held Delaware holding corporation.
Sanford C. Bernstein Inc. is controlled by its Board of Directors
which consists of the following individuals: Andrew S. Adelson,
Kevin R. Brine, Charles C. Cahn, Jr., Marilyn Goldstein Fedak,
Arthur W. Fried, Michael L. Goldstein, Roger Hertog, Thomas S.
Hexner, Gerald M. Lieberman, Marc O. Mayer, Jean Margo Reid, Lewis
A. Sanders, and Francis H. Trainer, Jr. The Board of Directors of
Bernstein is comprised of these same individuals. Subject to the
general oversight of the Board of Directors of the Fund, and in
conformity with the stated policies of each of the Portfolios,
Bernstein manages the investment of each Portfolio's assets.
Bernstein makes investment decisions for each Portfolio and places
purchase and sale orders. The services of the Manager are not
exclusive under the terms of the Management Agreements. Bernstein
is free to render similar services to others.
