SMITH BARNEY INSTITUTIONAL CASH MANAGEMENT FUND INC
497, 1995-08-25
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    SMITH BARNEY INSTITUTIONAL CASH MANAGEMENT FUND, INC.
                              
Supplement dated August 25, 1995 to Prospectus dated June
21,  19 95


For qualified municipalities, including state and locally
chartered agencies, the minimum initial investment in the
Smith Barney Institutional Cash Management Fund is
$1,000,000.  There is no minimum for subsequent investments.




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