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T. ROWE PRICE
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Index Trust, Inc.
T. Rowe Price Equity Index Fund
Supplement to prospectus dated May 1, 1997
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On page 2 of the prospectus, under Table 1, Shareholder Transaction Expenses,
footnote b will be replaced with the following:
/ b/ A $2.50 quarterly account maintenance fee is charged for accounts with
balances less than $10,000.
After the paragraph entitled "Keeping Your Account Open," on page 13 of the
prospectus, the following paragraph is added:
Account Maintenance Fee
The account maintenance fee is charged on a quarterly basis usually during the
last week of a calendar quarter. On the day of the assessment, accounts with
balances below $10,000 will be charged the fee. Please note that the fee
will be charged to accounts that fall below $10,000 due to market
fluctuations or other reasons. When an account with less than $10,000 is
closed either through redemption or exchange, the fee will be charged and
deducted from the proceeds. The fee will apply to IRA accounts. The fee
does not apply to retirement plans directly registered with T. Rowe Price
Services.
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The date of this supplement is September 5, 1997.
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F50-041 9/5/97
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