OPPENHEIMER QUEST GLOBAL VALUE FUND INC
497, 1999-04-07
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                OPPENHEIMER QUEST GLOBAL VALUE FUND, INC.
                      Supplement dated April 7, 1999 to the
        Statement of Additional Information dated March 30, 1999

The Statement of Additional Information is changed as follows:

1. The second bullet within the section captioned "Does the Fund Have Additional
Fundamental  Policies" under "Investment  Restrictions" on page 26 is revised to
read as follows:

|_|      The Fund cannot purchase more than 10% of the voting  securities of any
         one issuer.  This limitation applies to 75% of the Fund's total assets.
         The limit does not apply to securities issued by the U.S. government or
         any of its agencies or instrumentalities.















April 7, 1999                                               px0254.001




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