OPPENHEIMER ENTERPRISE FUND
Supplement dated Aprl 13, 2000 to the
Prospectus dated December 17, 1999
The Prospectus is changed as follows:
1. In the section captioned "About The Fund - The Fund's Investment Objective
and Strategies," the third sentence of the paragraph titled "What Does the
Fund Mainly Invest In?" on page 3 is revised to read as follows: "The Fund
currently defines a "small cap" issuer as one having a market
capitalization up to $2.5 billion."
2. In the section captioned "About The Fund - The Fund's Investment Objective
and Strategies," the first bullet point under the sub-heading "How Does
The Portfolio Manager Decide What Securities To Buy or Sell?" on page 3 is
revised to read as follows: "Companies with small capitalizations,
currently defined as up to $2.5 billion."
3. The first sentence of the paragraph titled "Special Risks of Small-Cap
Stocks" in the section captioned "About The Fund - Main Risks of Investing
in the Fund" on page 4 is revised to read as follows: "The Fund focuses
its investments on securities of companies having a market capitalization
up to $2.5 billion, which are generally newer companies."
4. In the section captioned "About the Fund's Investments - The Fund's
Principal Investment Policies," the second sentence of the third paragraph
in the section titled "Small-Cap Stock Investments" on page 8 is revised
to read as follows: "It is not required to sell a security if the issuer's
capitalization grows above $2.5 billion."
April 13, 2000 PS0885.014