GREENWICH STREET SERIES FUND (the "Trust")
on behalf of the
Emerging Growth Portfolio
Supplement dated February 7, 2000 to the
Prospectus dated April 30, 1999
The following information supplements certain information
contained in the Prospectus and Statement of Additional
Information of Greenwich Street Series Fund.
On January 31, 2000, the Board of Trustees of Greenwich Street
Series Fund approved the following with respect to the Emerging
Growth Portfolio (the "Portfolio"):
1. The termination of Van Kampen Asset Management ("VKAM") as
investment adviser to the Portfolio. VKAM will be replaced
with SSB Citi Asset Management LLC ("SSB Citi") commencing
on February 10, 2000. SSB Citi will render investment
advisory services to the Portfolio on an interim basis
pending approval by a majority vote of shareholders of the
Portfolio as defined in the Investment Company Act of 1940,
as amended. The interim investment advisory agreement
between the Portfolio and SSB Citi is substantively
identical to the agreement with VKAM. SSB Citi employs a
"bottom-up" stock fundamental analysis process which may
emphasize companies with some or all of the following
qualities: (i) new technologies, products or services; (ii)
new cost reducing measures; (iii) positive earnings; and
(iv) changes in management. The interim agreement by its
terms may be effective until the earlier of 150 days or
until the Portfolio's shareholders have considered and
ratified or rejected the new investment advisory agreement.
2. The submission to shareholders of a new investment advisory
agreement with SSB Citi. The new agreement will have terms
and conditions substantively identical to the current and
interim agreements; and if approved by a majority vote of
the Portfolio's shareholders, the new agreement will take
effect upon termination of the interim agreement.
Richard Freeman, investment officer of SSB Citi and managing
director of Salomon Smith Barney Inc., will be responsible for the
day-to-day management of the Portfolio. Mr. Freeman has 16 years
of experience with SSB Citi or its predecessors. SSB Citi, located
at 388 Greenwich Street, New York, New York, currently manages
approximately $124 billion in assets, including assets of seven
other portfolios of the Trust.
FD 0 1807
