PROVIDENT INVESTMENT COUNSEL
Small Company Growth Fund I
Supplement dated November 8, 1999
to Prospectus dated March 1, 1999
THE FOLLOWING DEFINITION OF THE MARKET CAPITALIZATION OF SMALL COMPANIES
REPLACES THE SENTENCE WHICH APPEARS UNDER "PROVIDENT INVESTMENT COUNSEL SMALL
COMPANY GROWTH COMPANY FUND I" ON PAGE 9 OF THE PROSPECTUS:
Small companies are those whose market capitalization or annual revenues at the
time of initial purchase are $1 billion or less.
<PAGE>
PROVIDENT INVESTMENT COUNSEL
SMALL CAP GROWTH FUND I
SUPPLEMENT DATED NOVEMBER 8, 1999
TO PROSPECTUS DATED MARCH 5, 1999
THE FOLLOWING DEFINITION OF THE MARKET CAPITALIZATION OF SMALL COMPANIES
REPLACES THE SENTENCE WHICH APPEARS ON PAGE 6 OF THE PROSPECTUS:
Small companies are those whose market capitalization or annual revenues at the
time of initial purchase are $1 billion or less.
<PAGE>
PROVIDENT INVESTMENT COUNSEL
SMALL COMPANY GROWTH FUNDS A AND B
SUPPLEMENT DATED NOVEMBER 8, 1999
TO PROSPECTUS DATED MARCH 31, 1999
AS AMENDED MAY 17, 1999
THE FOLLOWING DEFINITION OF THE MARKET CAPITALIZATION OF SMALL COMPANIES
REPLACES THE SENTENCE WHICH APPEARS UNDER "PROVIDENT INVESTMENT COUNSEL SMALL
COMPANY GROWTH COMPANY FUNDS" ON PAGE 14 OF THE PROSPECTUS:
Small companies are those whose market capitalization or annual revenues at the
time of initial purchase are $1 billion or less.
