FIRST TRUST GNMA SERIES 071
497, 1997-11-12
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        THE FIRST TRUST GNMA REINVESTMENT INCOME TRUST, SERIES 71

       Supplement to Part II of the Prospectus dated April 30, 1997

Notwithstanding anything to the contrary in the Prospectus,
broker/dealers, banks or other selling agents will receive a concession
of 3.00% of the Public Offering Price for primary and secondary market
sales of Units.

November 12, 1997





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