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Supplement to Statement of Additional Information dated August 12, 1996
Scudder Micro Cap Fund
Supplement to Statements of Additional Information dated September 9, 1996
Scudder 21st Century Growth Fund
Scudder Classic Growth Fund
The following text modifies the text under "Specialized Investment Techniques --
Repurchase Agreements":
Some repurchase commitment transactions may not provide the Fund with collateral
marked-to-market during the term of the commitment.
July 9, 1997
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