GOVETT FUNDS INC
497, 1997-05-05
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                            THE GOVETT FUNDS, INC.

                        SUPPLEMENT DATED MAY 1, 1997 TO
                      PROSPECTUS DATED MAY 1, 1997 AND TO
             STATEMENT OF ADDITIONAL INFORMATION DATED MAY 1, 1997


     As of May 5, 1997, FPS Services, Inc. ("FPS") will replace ACCESS Investor 
Services, Inc. ("ACCESS") as the Fund's transfer agent and provider of certain 
other services. FPS's agreement with the Company is described in the Prospectus 
and Statement of Additional Information to which this Supplement is attached. On
or after May 5, 1997, any question or communication regarding a shareholder 
account should be directed to: The Govett Funds, Inc., 3200 Horizon Drive, King 
of Prussia, Pennsylvania 19406-0903, or by calling (800) 821-0803.

     Before May 5, 1997, ACCESS, 7501 Tiffany Springs Parkway, Kansas City, 
Missouri 64153-1386, will serve as transfer agent to the Funds pursuant to its 
existing agreement with the Company. Until it is replaced by FPS, ACCESS will 
continue to provide such services at cost plus a profit. Before May 5, 1997, any
question or communication regarding a shareholder account should be directed to:
The Govett Funds, Inc., P.O. Box 419376, Kansas City, Missouri 64141, or by 
calling (800) 821-0803.





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