Filed Pursuant to Rule 424(b)(3)
Registration Nos. 333-23633 and 33-92120
AMERICAN BAR ASSOCIATION
MEMBERS RETIREMENT PROGRAM
UNITS OF BENEFICIAL INTEREST
IN THE AMERICAN BAR ASSOCIATION
MEMBERS/STATE STREET COLLECTIVE TRUST
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PROSPECTUS SUPPLEMENT DATED JUNE 30, 1997
TO PROSPECTUS DATED APRIL 16, 1997
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INTRODUCTION
This supplement to the Prospectus dated April 16, 1997 (the
"Prospectus") for units of beneficial interest in the American Bar Association
Members/State Street Collective Trust (the "Collective Trust") corrects an error
in the Prospectus Supplement dated June 2, 1997 previously delivered to all
Participants, which described certain changes that have been made by State
Street with respect to the Balanced Fund and the Growth Equity Fund. Generally,
terms not defined in this supplement that are defined in the Prospectus have the
same meanings given to them in the Prospectus. This supplement should be read in
conjunction with the Prospectus and the Prospectus Supplement dated June 2,
1997, which accompany this supplement or which have previously been sent to
Participants. Upon written or oral request, State Street will provide a copy of
the Prospectus and the Prospectus Supplement dated June 2, 1997 without charge
to each person to whom this supplement has been delivered. Requests for a
Prospectus should be directed to State Street Bank and Trust Company, Attention
ABRA Customer Service, Post Office Box 9109, Boston, Massachusetts 02209-9109;
telephone number (800) 348-2272.
The Prospectus Supplement dated June 2, 1997 contained an error in
the table indicating advisor fees to be paid to Capital Guardian Trust Company
("Capital Guardian") for its services as an Investment Advisor. The table should
read as follows:
VALUE OF ASSETS IN
BALANCED FUND, GROWTH EQUITY FUND,
AGGRESSIVE EQUITY FUND, ALLOCATED
TO CAPITAL GUARDIAN RATE
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First $20 million...................... .50%
Next $30 million....................... .35
Over $50 million....................... .225
June 30, 1997
