OLD WESTBURY INTERNATIONAL FUND
(A Portfolio of Old Westbury Funds, Inc.)
SUPPLEMENT TO STATEMENT OF ADDITIONAL INFORMATION DATED FEBRUARY 28, 1997
Please delete in its entirety restriction number six under the section
entitled `Investment Restrictions'' on page 9 and replace it with the
following:
``6. Purchase or acquire commodities, commodity contracts or futures
except that the Portfolios may purchase and write options on foreign
currencies and enter into forward delivery contracts for foreign
currencies; International Fund may also purchase foreign index
contracts, and Growth Fund may enter into financial futures
contracts;''
June 30, 1997
EDGEWOOD SERVICES, INC.
Distributor
Cusip 680414109
G01972-05 (6/97)
