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THE GRIFFIN FUNDS, INC.
Supplement dated March 29, 1996 to
Prospectus dated January 31, 1996
The Prospectus is hereby supplemented as follows:
1. By deleting the discussion regarding Jonathan M. Greene in the
section entitled "The Funds in Detail -- Service Providers" and inserting
the following in its place:
The Growth Fund is managed by an Investment Advisory
Committee composed of the following members: Richard T.
Whitney, Chairman, Donald J. Peters and K.D. Farrow. As
Committee Chairman, Mr. Whitney has primary responsibility for
managing the portfolio and works with the Committee on
developing and executing the Growth Fund's investment
program. Mr. Whitney has been the Chairman of the Growth
Fund's Investment Advisory Committee since March 1996. Mr.
Whitney has held the position of Managing Director of T. Rowe
Price since October 1995. From April 1991 to October 1995,
Mr. Whitney was a Vice President of T. Rowe Price.
2. By deleting the third sentence of the second to last paragraph under
the heading "Fund Account Policies -- Sales Load Reductions and Waivers -
Reduced Sales Load - Class A Shares" and inserting the following sentence
in its place:
Such sales also may be made to employee pension, profit sharing, or
stock bonus plans qualified under Section 401(a) of the Internal
Revenue Code of 1986, as amended (the "Code"), governmental plans
within the meaning Section 414(d) of the Code, simplified employee
pensions within the meaning of Section 408(k) of the Code and to any
investment advisory, trust or other fiduciary account (other than an
individual retirement account) provided that, with respect to each
of the foregoing, the plan, pension or account is sponsored,
serviced, administered, maintained, managed or advised by H.F.
Ahmanson & Company or its affiliates.
3. By adding the following sentence to the end of the second
paragraph under the heading "Fund Account Policies -- Contingent
Deferred Sales Charge - Class B Shares":
The CDSC also is waived on redemptions of Class B Shares
where the entire proceeds of such redemptions are invested,
through a Portfolio Builder Account, in shares of a Griffin Money
Market Fund, Class A Shares of a Non-Money Market Fund or any
other Fund available through a Portfolio Builder Account.
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[MORRISON & FOERSTER LLP LETTERHEAD]
March 29, 1996
(202) 887-1682
VIA EDGAR
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: The Griffin Funds, Inc.
Registration No. 33-67148
Dear Sirs:
On behalf of The Griffin Funds, Inc. (the "Registrant"), and
pursuant to Rule 497(e) under the Securities Act of 1933, we are
transmitting on EDGAR for filing a supplement, dated as of March 29,
1996, to the Registrant's prospectus.
If you have any questions or comments, please contact the
undersigned at the number set forth above or Robert M. Kurucza of
this firm at (202) 887-1515.
Sincerely,
/s/ John S. Duessel
John S. Duessel
Attachment
