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PIPER GLOBAL FUNDS INC.
Supplement dated December 12, 1996 to
Prospectus dated October 28, 1996
SPECIAL OFFERING PERIOD EXTENDED
The Special Offering Period referred to on page 3 and discussed in detail
on page 26 of the Prospectus has been extended through February 14, 1997.
PORTFOLIO MANAGER CHANGE
Effective December 2, 1996, Richard D. Muckart assumed primary
responsibility for the day-to-day management of Pacific-European Growth Fund and
Emerging Markets Growth Fund. Mr. Muckart's biographical information is on page
24 of the Prospectus.
