GREENWICH STREET SERIES FUND
on behalf of
Appreciation Portfolio
Diversified Strategic Income Portfolio
(the "Portfolios)
Supplement dated February 25, 1998 to
Prospectus dated April 30, 1997
The following information supplements, and to the extent
inconsistent therewith supersedes, the information set forth in the
Prospectus under "Management of the Fund."
For the services provided by MMC, the Portfolios pay MMC an annual
management fee and an annual administration fee calculated at a rate
equal to the following percentage of its average daily net assets,
paid monthly:
Management Fee
Administration
Fee
Appreciation Portfolio
0.55%
0.20%
Diversified Strategic Income
Portfolio
0.45%
0.20%
FD 01416
