TRAVELERS SERIES FUND INC.
on behalf of the
GT Global Strategic Income Portfolio (the "Portfolio")
Supplement dated March 27, 1998 to
Prospectus dated February 27, 1998
On January 30, 1998 Liechtenstein Global Trust ("LGT"), the
indirect parent organization of Chancellor LGT Asset Management,
Inc. ("Sub-Adviser"), entered into an agreement with AMVESCAP PLC
("AMVESCAP") pursuant to which AMVESCAP will acquire LGT's Asset
Management Division, which includes the Sub-Adviser. AMVESCAP is
a holding company formed in 1997 by the merger of INVESCO PLC and
AIM Management Group Inc. Consummation of the transaction is
subject to a number of contingencies, including regulatory
approvals. Because the transaction would constitute an assignment
of the Portfolio's current subadvisory agreement with the Sub-
Adviser under the Investment Company Act of 1940, as amended (and
therefore, a termination of such agreement), it is anticipated
that the approval of the Fund's Board of Directors and the
Portfolio's shareholders of a new subadvisory agreement will be
sought.
A special meeting of shareholders of the Portfolio will be held on
May 20, 1998 to consider and vote on the new subadvisory
agreement.
FD 01434
