OPPENHEIMER GLOBAL GROWTH & INCOME FUND
497, 1994-09-28
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OPPENHEIMER GLOBAL GROWTH & INCOME FUND

Supplement dated October 1, 1994 to the 
Prospectus dated January 20, 1994

     The Prospectus is amended by adding the following text directly below
the Class A sales charge table in "Class A Shares" on page 15 of the
Prospectus:

          In addition to paying dealers the regular commission for
     sales of Class A shares stated in the sales charge table in
     "Class A Shares," the Distributor will pay the following
     additional commission for shares of the Fund sold in "qualifying
     transactions" from October 1, 1994, through December 31, 1994:
     1.00% of the offering price of Class A shares sold by a
     registered representative of a participating broker or dealer
     or a sales representative of a participating financial
     institution that has a sales agreement with the Distributor. 
     "Qualifying transactions" are sales by a registered
     representative or sales representative in the amount of $100,000
     or more (calculated at offering price) of Class A and/or Class
     B shares (if available) of any one or more of the following
     OppenheimerFunds:  the Fund, Oppenheimer Global Fund,
     Oppenheimer Special Fund, and Oppenheimer Strategic Income
     Fund."Qualifying transactions" do not include sales of Class A
     shares (a) at net asset value without sales charge, (b) subject
     to a contingent deferred sales charge, or (c) intended but not
     yet transacted under a Letter of Intent.

October 1, 1994                                     
                                                                         


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