Scudder Cash Investment Trust
Supplement to Statement of Additional Information dated November 1, 1996
The following replaces the last paragraph in the section entitled "Other
Information" (on page 16):
The Fund reserves the right, with regard to those investors who
maintain a non-fiduciary account balance of less than $2,500 in the Fund,
without establishing an AIP, to assess an annual $10.00 per fund account charge
with the fee to be reinvested in the Fund. The $10.00 charge will not apply to
accounts of shareholders with a combined household account balance in any of the
Scudder Funds of $25,000 or more. The Fund also reserves the right, following 60
days' written notice to shareholders, to redeem all shares in accounts with a
value below $250, including accounts of new investors, where a reduction in
value has occurred due to a redemption or exchange out of the account. The Fund
will mail the proceeds of the redeemed account to the shareholder at the address
of record. Reductions in value that result solely from market activity will not
trigger an involuntary redemption. UGMA, UTMA, IRA and other retirement accounts
will not be assessed the $10.00 charge or be subject to automatic liquidation.
June 25, 1997
