October 10, 1997
Securities and Exchange Commission
450 5th Street, N.W.
Judiciary Plaza
Washington, D.C. 20549
Re: Minerva Fund, Inc.
File No. 33-65568 & 811-7828
Dear Sir or Madam:
This Supplement dated October 9, 1997 to the Registrant's Prospectus and
Statement of Additional Information, each dated January 24, 1997 is being
transmitted by means of electronic submission by the Fund pursuant to Rule
497(e) under the Securities Act of 1933, as amended, and Regulation S-T.
If you have any questions concerning this filing, please do not hesitate to
call me at (212) 492-1694.
Sincerely,
/s/ Amy Ward Kaup
Assistant Secretary of the Registrant
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MINERVA FUND, INC.
Supplement dated October 9, 1997
to
Prospectus dated January 24, 1997
The Board of Directors of Minerva Fund, Inc. (the "Company") has authorized
the termination of the Company's Equity Portfolio effective December 31, 1997
or such earlier time as there shall be no shareholders remaining in the Equity
Portfolio, subject to any approvals that may be required in connection
therewith, as well as the subsequent liquidation of the Company.
