SUPPLEMENT TO THE PROSPECTUS
The following information supplements and supersedes any contrary information
contained in the Prospectus:
Effective October 4, 1999, Class B shares of Waddell & Reed Funds, Inc. will no
longer be available by direct purchase; however, Class B shares of a Fund may be
acquired by exchange of Class B shares of another Fund or corresponding shares
of United Cash Management, Inc. Current Class B shareholders of a Fund may
continue to hold their shares and continue to receive dividends and
distributions paid in additional Class B shares of the Fund.
To be attached to the cover page of the Prospectus of Waddell & Reed Funds, Inc.
This Supplement is dated September 9, 1999.
WRS3000I
