Supplement, dated April 2, 1998, to the prospectus, dated May 1, 1997
of
Tri-Continental Corporation (the "Fund")
The following supersedes the related information set forth in the
Fund's prospectus.
Prior to March 30, 1998, the Manager was party to a Subadvisory
Agreement with Seligman Henderson Co. pursuant to which Seligman
Henderson Co. agreed to provide investment advisory services to the Fund
in respect of foreign assets to the extent requested by the Manager. On
March 30, 1998, the Subadvisory Agreement terminated in accordance with
its terms. The Manager has no present plans to enter into similar
subadvisory arrangements in respect of the Fund.
CETRIS1-4/98