SUPPLEMENT TO THE CURRENT PROSPECTUS FOR
LORD ABBETT TAX-FREE INCOME TRUST
GEORGIA SERIES
(FOR GEORGIA RESIDENTS ONLY)
PROMOTIONAL SALES CHARGE SCHEDULE
CLASS A SHARES
November 16, 1998 through January 15, 1999
For the period from November 16, 1998 through January 15, 1999, the sales charge
is reduced for all purchases under $500,000 of Class A shares of the Georgia
Series. The sales charge for purchases of $500,000 or more and other purchase
categories remains the same. During this period, the offering price of Class A
shares of the Georgia Series is based on their net asset value next determined
after a purchase order is accepted, plus a sales charge which is supplemented as
follows.
Sales Charge as a Dealer's
Percentage of: Concession
as a To Compute
Net Percentage Offering
Offering Amount of Offering Price, Divide
Size of Investment Price Invested Price NAV by:
Less than $500,000 2.25% 2.30% 2.00% .9775
$500,000 to $999,999 2.00% 2.04% 1.75% .9800
$1,000,000 or more 1.00% 1.01% 1.00% .9900
Effective: November 16, 1998.