November 21, 1996
THE LAZARD FUNDS, INC.
Institutional Shares Only
Supplement to Prospectus Dated November 1, 1996
The following information supersedes until December 7, 1996 any contrary
information contained in the Prospectus.
Until December 7, 1996, Scudder Service Corporation ("Scudder") will act as
the transfer agent for each Portfolio's Institutional Shares. Accordingly, prior
to such date, the Purchase Application for Institutional Shares and orders for
purchases and redemptions of Institutional Shares through the transfer agent by
written request should be mailed to Scudder at the following address:
Scudder Service Corporation
P.O. Box 9242
Boston, Massachusetts 02106
Attention: (Name of Portfolio/
Institutional Shares)
The Lazard Funds, Inc.
Effective December 7, 1996, Boston Financial Data Services Inc. will act
as transfer agent for each Portfolio's Institutional Shares and the
instructions for purchases and redemptions of Institutional Shares through the
Transfer Agent described in the Prospectus should be followed. Therefore, please
discard this prospectus supplement after December 6, 1996.
