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THE GLENMEDE FUND, INC.
THE GLENMEDE PORTFOLIOS
(the "Company")
The Government Cash Portfolio
The Tax-Exempt Cash Portfolio
The Core Fixed Income Porfolio
The Muni Intermediate Portfolio
The New Jersey Muni Portfolio
Supplement dated September 10, 1997 to
Prospectus dated February 27, 1997
Effective September 10, 1997, ICC Distributors, Inc. ("ICC"),
with principal offices located at 1 South Street, Baltimore, Maryland 21202,
will serve as principal underwriter and distributor of shares of the Portfolios.
The Intermediate Government Portfolio has been renamed the
Core Fixed Income Portfolio.
The following paragraph replaces the second to last paragraph
under the heading "Reverse Repurchase Agreements" on page twelve of the
Prospectus:
The Government Cash and Core Fixed Income Portfolios are each
permitted to invest up to one-third of its total assets in reverse repurchase
agreements and securities lending transactions. Investments in reverse
repurchase agreements and securities lending transactions will be aggregated for
purposes of this investment limitation.