SMITH BARNEY WORLD FUNDS INC, 497, 1998-11-06

SMITH BARNEY WORLD FUNDS INC
497, 1998-11-06

Previous: MERRILL LYNCH FL MUN BOND FD OF MERRILL LYNCH MUL ST MUN SER, 485BPOS, 1998-11-06

Next: PAINEWEBBER INVESTMENT TRUST, N-30D, 1998-11-06



	SMITH BARNEY WORLD FUNDS, INC. - EMERGING MARKETS PORTFOLIO

Supplement dated November 6, 1998 to Prospectus
	dated  February 27, 1998 
	


The following information supersedes the first paragraph of the 
"Management of the Fund - Portfolio Management" section set forth in 
the Prospectus dated February 27, 1998 for the Emerging Markets 
Portfolio (the "Portfolio") of Smith Barney World Funds, Inc. (the 
"Fund").


	A team of international equity portfolio managers is responsible 
for the day to day operations of the Portfolio, including making all 
investment decisions. 








FD  01569  11/98
















u:\legal\funds\sbwf\1998\secdocs\stk1198.doc