FIRST TRUST SPECIAL SITUATIONS TRUST SER 111
497, 1995-01-25
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  THE FIRST TRUST (registered trademark) SPECIAL SITUATIONS
                      TRUST, SERIES 111
                              
           TARGET EQUITY TRUST, VALUE TEN SERIES 6
                              
     Supplement to the Prospectus Dated January 18, 1995

Notwithstanding anything to the contrary in the Prospectus,  with
respect to the employees, officers and directors (including their
immediate   family   members,  defined  as   spouses,   children,
grandchildren, parents, grandparents, mothers-in-law, fathers-in-
law,  sons-in-law and daughters-in-law, and trustees,  custodians
or  fiduciaries for the benefit of such persons) of  the  Sponsor
and  dealers and their subsidiaries, the sales charge is  reduced
by  1.0%  of  the  Public Offering Price for purchases  of  Units
during the primary and secondary public offering periods.

January 25, 1995




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