Supplement dated February 14, 1997
to the Statement of Additional Information dated May 1, 1996
of
Flag Investors Intermediate-Term Income Fund, Inc.
The Statement of Additional Information is hereby amended
and supplemented as follows:
Effective February 14, 1997, Flag Investors Intermediate-
Term Income Fund, Inc. (the "Fund") will be known as Flag
Investors Short-Intermediate Income Fund, Inc. This change was
undertaken to more precisely reflect the average maturity and
duration of the Fund's portfolio.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
1 <PAGE>
<PAGE>
Supplement dated February 14, 1997
to the Prospectuses dated May 1, 1996
as previously supplemented on December 31, 1996
of
Flag Investors Intermediate-Term Income Fund, Inc.
(Class A Shares and Institutional Shares)
The prospectuses are hereby amended and supplemented as follows:
Effective February 14, 1997, Flag Investors Intermediate-Term
Income Fund, Inc. (the "Fund") will be known as Flag Investors
Short-Intermediate Income Fund, Inc. This change was undertaken to
more precisely reflect the average maturity and duration of the
Fund's portfolio.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
2 <PAGE>
<PAGE>