UAM FUNDS
FPA CRESCENT PORTFOLIO
INSTITUTIONAL CLASS SHARES
INSTITUTIONAL SERVICE CLASS SHARES
SUPPLEMENT DATED APRIL 24, 1997 TO THE
STATEMENT OF ADDITIONAL INFORMATION DATED JANUARY 3, 1997
The following information is added under the heading "INVESTMENT
ADVISER" on Page 11 of the Statement of Additional Information:
REPRESENTATIVE INSTITUTIONAL CLIENTS
As of the date of this Statement of Additional Information,
the Adviser's representative institutional clients included: Asea
Brown Boveri, General Electric, Eastman Kodak, Federated Stores
and Xerox Corporation.
In compiling this client list, the Adviser used objective
criteria such as account size, geographic location and client
classification. The Adviser did not use any performance-based
criteria. It is not known whether these clients approve or
disapprove of the Adviser or the advisory services provided.
