OPPENHEIMER QUEST GLOBAL VALUE FUND INC
497, 1996-10-17
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                OPPENHEIMER QUEST GLOBAL VALUE FUND, INC.
                    Supplement Dated October 18, 1996
     to the Statement of Additional Information dated March 15, 1996

     The Statement of Additional Information is amended as follows:

     1.   The section captioned "How To Buy Shares" on page 33 is
revised by adding the following to the end of that section:

     Retirement Plans.  In describing certain types of employee
benefit plans that may purchase Class A shares without being
subject to the Class A contingent differed sales charge, the term
"employee benefit plan" means any plan or arrangement, whether or
not "qualified" under the Internal Revenue Code, including, medical
savings accounts, payroll deduction plans or similar plans in which
Class A shares are purchased by a fiduciary or other person for the
account of participants who are employees of a single employer or
of affiliated employers, if the Fund account is registered in the
name of the fiduciary or other person for the benefit of
participants in the plan.

     The term "group retirement plan" means any qualified or non-
qualified retirement plan (including 457 plans, SEPs, SARSEPs,
403(b) plans, and SIMPLE plans) for employees of a corporation or
a sole proprietorship, members and employees of a partnership or
association or other organized group of persons (the members of
which may include other groups), if the group has made special
arrangements with the Distributor and all members of the group
participating in the plan purchase Class A shares of the Fund
through a single investment dealer, broker or other financial
institution designated by the group.


October 18, 1996                                                 PX0254.002


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