LORD ABBETT SECURITIES TRUST
497, 1998-04-30
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                   SUPPLEMENT TO THE MARCH 19, 1998 PROSPECTUS
                                       OF
                          LORD ABBETT SECURITIES TRUST





The  Class A share  Rule  12b-1  Plan for the  World  Bond-Debenture  Series  is
effective immediately.

Effective date:  April 30, 1998




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