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<PAGE> SALOMON BROTHERS INVESTMENT SERIES 7 World Trade Center New York, New York 10048 (888) 777-0102 Supplement dated July 13, 1999 to the Prospectus dated April 30, 1999 The following amends and supersedes information in the Prospectus under the heading "Management". The day to day operation of the Asia Growth Fund is managed by a team of individuals employed by Salomon Brothers Asia Pacific Limited, the fund's subadviser.
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