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This is filed pursuant to Rule 497(c).
File Nos. 33-49530 and 811-06730.
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Alliance Capital [logo] ALLIANCE PREMIER GROWTH FUND
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February 1, 1996
Supplement to Prospectus dated February 1, 1996 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.AE0
