February 16, 1994
DREYFUS FLORIDA INTERMEDIATE MUNICIPAL BOND FUND
Supplement to Prospectus
Dated March 15, 1993
As Revised September 27, 1993
The following information supplements and should be read in
conjunction with the section of the Fund's Prospectus entitled
"Management of the Fund."
The Fund's manager, The Dreyfus Corporation ("Dreyfus"), has
entered into an Agreement and Plan of Merger (the "Merger Agreement")
providing for the merger of Dreyfus with a subsidiary
of Mellon Bank Corporation ("Mellon").
Following the merger, it is planned that Dreyfus will be a direct
subsidiary of Mellon Bank, N.A. Closing of this merger is
subject to a number of contingencies, including receipt of certain
regulatory approvals and approvals of the stockholders of
Dreyfus and of Mellon. The merger is expected to occur in mid-1994, but
could occur significantly later.
As a result of regulatory requirements and the terms of the Merger
Agreement, Dreyfus will seek various approvals from the Fund's board and
shareholders before completion of the merger.
Shareholder approval will be solicited by a proxy statement.
The following information supplements and supersedes information
contained in the section in the Fund's Prospectus entitled "Redemption of
Fund Shares--Redemption by Wire or
Telephone" and describes a new telephone redemption privilege.
Wire Redemption Privilege. An investor may request by wire or telephone
that redemption proceeds (minimum $1,000) be wired to the investor's
account at a bank which is a member of the Federal
Reserve System, or a correspondent bank if the investor's bank is
not a member. An investor may direct that redemption proceeds be
paid by check (maximum $150,000 per day) made out to the owners
of record and mailed to the investor's address. Redemption proceeds of
less than $1,000 will be paid automatically by check.
Holders of jointly registered Fund or bank accounts may have redemption
proceeds of only up to $250,000 wired within any 30-day period. The Fund
reserves the right to refuse any redemption
request, including requests made shortly after a change of address, and may
limit the amount involved or the number of such requests.
Telephone Redemption Privilege. An investor may redeem Fund shares
(maximum $150,000 per day) by telephone if the investor has checked the
appropriate box on the Fund's Account Application
or has filed a Shareholder Services Form with the Transfer Agent.
The redemption proceeds will be paid by check and mailed to the investor's
address. An investor may telephone redemption instructions by calling 1-
800-221-4060 or, if the investor is calling from overseas, 1-401-455-3306.
The Fund reserves the
right to refuse any request made by telephone, including requests
made shortly after a change of address, and may limit the amount involved
or the number of telephone redemption requests. This
Privilege may be modified or terminated at any time by the Transfer Agent
or the Fund. Shares for which certificates have been issued, are not
eligible for this Privilege.
