DREYFUS S&P 500 INDEX FUND
497, 2000-03-21
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      This 497(e) filing supercedes the 497(e) submissions, accession #'s
0000857114-00-000004 and 0000875732-00-000005, as filed with the SEC on March 6,
2000.


                                                      March 22, 2000


                            DREYFUS INDEX FUNDS, INC.
                           DREYFUS S&P 500 INDEX FUND\
                            DREYFUS MIDCAP INDEX FUND
                       DREYFUS SMALL CAP STOCK INDEX FUND
                     DREYFUS INTERNATIONAL STOCK INDEX FUND
                SUPPLEMENT TO STATEMENT OF ADDITIONAL INFORMATION
                               DATED MARCH 1, 2000


1. The following information replaces all contrary information contained in the
sections of the Statement of Additional Information ("SAI") entitled
"Description of the Funds", "Management of the Funds" and "Management
Arrangements":

     Effective March 22, 2000,  Dreyfus Service  Corporation  ("DSC") became the
distributor to the Fund. DSC is located at 200 Park Avenue, New York, NY 10166.

2. The following information replaces the information contained in the section
of the Statement of Additional Information ("SAI") entitled "Management of the
Funds - Officers of the Funds":

Stephen E. Canter,  President.  President,  Chief Operating  Officer,  and Chief
     Investment  Officer of the  Manager,  and an  officer  of other  investment
     companies  advised and  administered  by the Manager.  Mr. Canter also is a
     Director  or  an  Executive   Committee  Member  of  the  other  investment
     management  subsidiaries of Mellon Financial Corporation,  each of which is
     an affiliate of the Manager. He is 54 years old.

Mark N. Jacobs,  Vice President.  Vice President,  General Counsel and Assistant
     Secretary  of the  Manager,  and an officer of other  investment  companies
     advised and administered by the Manager. He is 53 years old.

Joseph Connolly, Vice President and Treasurer. Director - Mutual Fund Accounting
     of the Manager,  and an officer of other investment  companies  advised and
     administered by the Manager. He is 42 years old.


Michael A. Rosenberg,  Secretary.  Associate General Counsel of the Manager, and
     an officer of other  investment  companies  advised and administered by the
     Manager. He is 40 years old.

Steven F. Newman,  Assistant Secretary.  Associate General Counsel and Assistant
     Secretary  of the  Manager,  and an officer of other  investment  companies
     advised and administered by the Manager. He is 50 years old.

Mark Kornfeld,  Assistant  Secretary.  Assistant General Counsel of the Manager,
     and an officer of other  investment  companies  advised and administered by
     the Manager.  From  September  1993 to October  1998,  Mr.  Kornfeld was an
     Associate  Attorney in the  Litigation  Group of Clifford  Chance  Rogers &
     Wells, LLP. He is 32 years old.

James Windels, Assistant Treasurer.  Senior Treasury Manager of the Manager, and
     an officer of other  investment  companies  advised and administered by the
     Manager. He is 41 years old.

     The address of each Fund officer is 200 Park Avenue, New York, NY 10166.




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