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Prudential Global Limited Maturity Fund, Inc.
(Limited Maturity Portfolio)
Supplement dated December 31, 1998
to Prospectus Dated December 30, 1997
The following information supplements the Section entitled 'How the Fund
Invests--Investment Objective and Policies' in the Prospectus:
It is expected that on January 1, 1999, 11 of the 15 member states of the
European Union will introduce the 'euro' as a common currency. During a
three-year transitional period, the euro will coexist with each participating
state's currency. Beginning July 1, 2002, the euro is anticipated to become the
sole currency of the participating states. During the transition period, the
Fund will treat the euro as a separate currency from that of any participating
state.
The conversion may adversely affect the Fund if the euro does not take
effect as planned; if a participating state withdraws from the European
Monetary Union; or if the computing, accounting and trading systems used by
the Funds' service providers, or by entities with which the Fund or its
service providers do business, are not capable of recognizing the euro as a
distinct currency at the time of, and following, euro conversion. In addition,
the conversion could cause markets to become more volatile.
Austria, Finland, Germany, Greece, Italy and Spain are among the
participating member states whose currencies will be converted to the euro.
In addition, references to the European Currency Unit are deleted.
MF144C-2 (12/31/98)
