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KEMPER EQUITY FUNDS
SUPPLEMENT TO PROSPECTUS
DATED FEBRUARY 1, 1995
KEMPER TECHNOLOGY FUND
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The following is added to the "Purchase of Shares" section of the
prospectus. Effective immediately through at least August 31, 1995 ("Special
Offering Period"), Kemper Distributors, Inc. intends to pay to financial
services firms special commissions or other concessions for sales of shares of
Kemper Technology Fund as described below:
Class A Shares: Full reallowance of the applicable sales charge for the
sale of Class A Shares during the Special Offering Period.
Class B Shares: An additional commission of .50% of the amount of Class B
Shares purchased during the Special Offering Period.
July 12, 1995
KEF-1C 7/95 (LOGO)printed on recycled paper
