LAZARD FUNDS INC
497, 1996-02-26
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FILED PURSUANT TO RULE 497(e)
REGISTRATION FILE NO. 33-40682

                                               February 26, 1996



                     THE LAZARD FUNDS, INC.
        Supplement to Prospectus Dated December 30, 1995

          Shares of the Lazard Emerging World Funds Portfolio
currently are not being offered.


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