<PAGE>
This is filed pursuant to Rule 497(c).
File Nos. 33-49530 and 811-06730.
00250118.AC1
<PAGE>
(LOGO)(R)
ALLIANCE PREMIER GROWTH FUND
November 1, 1995
Supplement to Prospectus dated November 1, 1995 for Missouri
Investors
Prospective Missouri investors should consider the fact that
the Fund's portfolio turnover rate could, under some conditions,
exceed 150%. A 150% turnover rate is greater than most other
investment companies, including those which emphasize capital
appreciation as a basic policy. A high portfolio turnover rate
increases transactions costs and incidence of short-term capital
gain taxable as ordinary income.
___________________________________________________________
(R): This is a registered mark used under license from the
owner, Alliance Capital Management L.P.
00250118.AC1