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UAM FUNDS THE McKEE PORTFOLIOS INSTITUTIONAL CLASS SHARES MCKEE U.S. GOVERNMENT PORTFOLIO MCKEE DOMESTIC EQUITY PORTFOLIO MCKEE INTERNATIONAL EQUITY PORTFOLIO SUPPLEMENT TO THE PROSPECTUS DATED JANUARY 3, 1997 The information relating to the International Equity Portfolio (the "Portfolio") under "Investment Policies" on Page 10 of the Prospectus is hereby amended to reflect that the Portfolio will generally hold more than 50 stocks selected from at least 15 countries. January 23, 1997
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