SCUDDER SECURITIES TRUST
497, 2000-05-11
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                        SCUDDER 21ST CENTURY GROWTH FUND

                            SUPPLEMENT TO PROSPECTUS
                             DATED DECEMBER 1, 1999

                            ________________________

The following information supplements the disclosure for the Scudder 21st
Century Growth Fund in the "Policies You Should Know About" section of the
Prospectus:

The fund does have other share classes, which are described in a separate
prospectus and which have different fees, requirements and services.

May 1, 2000


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