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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 WeszsHu97m8QtBtmhpNI1w==

<SEC-DOCUMENT>0001000579-97-000022.txt : 19971219
<SEC-HEADER>0001000579-97-000022.hdr.sgml : 19971219
ACCESSION NUMBER:		0001000579-97-000022
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19971218
SROS:			NONE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERIPRIME FUNDS
		CENTRAL INDEX KEY:			0001000579
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				752616671
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-96826
		FILM NUMBER:		97740266

	BUSINESS ADDRESS:	
		STREET 1:		1793 KINGSWOOD DR
		STREET 2:		STE 200
		CITY:			SOUTHLAKE
		STATE:			TX
		ZIP:			76092
		BUSINESS PHONE:		8174311297

	MAIL ADDRESS:	
		STREET 1:		1793 KINGSWOOD DRIVE
		STREET 2:		SUITE 200
		CITY:			SOUTHLAKE
		STATE:			TX
		ZIP:			76092
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<DESCRIPTION>DOMINO STICKER
<TEXT>

                         CARL DOMINO EQUITY INCOME FUND
                       SUPPLEMENT DATED DECEMBER 18, 1997
                        TO PROSPECTUS DATED MARCH 1, 1997

The  following  should be read in  conjunction  with the section  titled "How To
Invest in the Fund" on page 7 of the Prospectus:

Effective  December 21, 1997, you may make regular  investments in the Fund with
an  Automatic  Investment  Plan by  completing  the  appropriate  section of the
account  application and attaching a voided  personal check.  Investments may be
made monthly to allow dollar-cost  averaging by automatically  deducting $100 or
more from your bank checking account.  You may change the amount of your monthly
purchase at any time.  For more  information,  please call the Transfer Agent at
800-506-9922.

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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