DEAN WITTER PRECIOUS METALS & MINERALS TRUST
497, 1994-05-17
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                 DEAN WITTER PRECIOUS METALS AND MINERALS TRUST
                SUPPLEMENT TO PROSPECTUS DATED FEBRUARY 28, 1994

    The  second paragraph on page 11 under the section "Portfolio Management" is
replaced in its entirety as follows:

        The Fund  is  managed  within  InterCapital's  Large  Capitalization
    Equities  Group, which manages twenty-six funds and fund portfolios with
    approximately $16 billion in assets at March 31, 1994. Diane Lisa  Sobin
    and  Konrad Krill,  Vice Presidents of  InterCapital and  members of the
    Large Capitalization Equities Group, are the primary portfolio  managers
    of  the Fund.  Ms. Sobin  and Mr. Krill  have been  the Fund's portfolio
    managers since July,  1990 and  May, 1994, respectively,  and have  been
    portfolio  managers or investment analysts at InterCapital for over five
    years.

    May 10, 1994


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