OPPENHEIMER ENTERPRISE FUND
Supplement dated January 5, 1996 to the
Prospectus dated November 7, 1995
For Use by Residents of the State of Maryland
The Prospectus is amended as follows:
1. The first paragraph under the caption "Derivative Investments" on page
10 is deleted and replaced with the following:
The Fund can invest in a number of different kinds of "derivative
investments." They are used in some cases for hedging purposes
and in other cases to attempt to seek increased total return. In
general, a "derivative investment" is a specially designed
investment. Its performance is linked to the performance of
another investment or security, such as an option, future index,
currency or commodity. In the broadest sense, exchange-traded
options and futures contracts (discussed in "Hedging" below) may
be considered "derivative investments." The Fund may not purchase
or sell physical commodities; however, the Fund may purchase and
sell foreign currency in hedging transactions. This shall not
prevent the Fund from buying or selling options and futures
contracts or from investing in securities or other instruments
backed by physical commodities.
January 5, 1996 PS0885.501
