OPPENHEIMER QUEST GLOBAL VALUE FUND, INC.
Supplement dated January 1, 1997 to the
Prospectus dated March 15, 1996
The Prospectus is changed as follows:
1. In addition to paying dealers the regular commission for (1)
sales of Class A shares stated in the sales charge table in
"Buying Class A Shares" on page 28, (2) sales of Class B shares
described in the fourth paragraph in "Distribution and Service
Plans for Class B and Class C Shares" on page 35, and (3) sales
of Class C shares described in the fifth paragraph in
"Distribution and Service Plans for Class B and Class C Shares"
on page 35, the Distributor will pay additional commission to
each broker, dealer and financial institution that has a sales
agreement with the Distributor and agrees to accept that
additional commission (these are referred to as "participating
firms") for Class A, Class B and Class C shares of the Fund sold
in "qualifying transactions" (the "promotion"). The additional
commission will be 1.00% of the offering price of shares of the
Fund sold by a registered representative or sales representative
of a participating firm during the promotion. If the additional
commission is paid on the sale of Class A shares of $500,000 or
more or the sale of Class A shares to a SEP IRA with 100 or more
eligible participants and those shares are redeemed within 13
months from the end of the month in which they were purchased,
the participating firm will be required to return the additional
commission.
"Qualifying transactions" are aggregate sales of $150,000
or more of Class A, Class B and/or Class C shares of any one or
more of the Oppenheimer funds (except money market funds and
municipal bond funds) for rollovers or trustee-to-trustee
transfers from another retirement plan trustee, of IRA assets or
other employee benefit plan assets from an account or investment
other than an account or investment in the Oppenheimer funds to
(1) IRAs, rollover IRAs, SEP IRAs and SAR-SEP IRAs, using the
OppenheimerFunds, Inc. prototype IRA agreement, if the rollover
contribution is received during the period from January 1, 1997
through April 15, 1997 (the "promotion period"), or the
acceptance of a direct rollover or trustee-to-trustee transfer is
acknowledged by the trustee of the OppenheimerFunds prototype IRA
during the promotion period, and (2) IRAs, rollover IRAs, SEP
IRAs and SAR-SEP IRAs using the A.G. Edwards & Sons, Inc.
prototype IRA agreement, if the rollover contribution or trustee-
to-trustee payment is received during the promotion period.
"Qualifying transactions" do not include (1) purchases of Class A
shares intended but not yet made under a Letter of Intent, and
(2) purchases of Class A, Class B and/or Class C shares with the
redemption proceeds from an existing Oppenheimer funds account.
2. The first paragraph of the section captioned "Class A
Contingent Deferred Sales Charge" in "Buying Class A Shares" on
page 28, is revised by adding the following subparagraph:
Purchases by a retirement plan qualified under section
401(a) if the retirement plan has total plan assets of $500,000
or more.
January 1, 1997 PS0254.006
