FIRST TRUST SPECIAL SITUATIONS TRUST SER 116
497, 1995-12-19
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          THE FIRST TRUST SPECIAL SITUATIONS TRUST, SERIES 116
    
         CALIFORNIA GROWTH & TREASURY SECURITIES TRUST, SERIES 1
         PENNSYLVANIA GROWTH & TREASURY SECURITIES TRUST, SERIES 2

      Supplement to the Prospectus dated March 16, 1995

   Notwithstanding anything to the contrary in the Prospectus, the 
minimum amount which an investor may purchase in either Trust
for an Individual Retirement Account or other retirement plans
is $250. 

December 18, 1995




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