February 26, 2004

THE DREYFUS PREMIER FAMILY OF FUNDS

   Supplement to Current Prospectus

   Effective March 1, 2004, the following information supersedes and replaces

the information contained in the section of the Fund’s

Prospectus entitled “Services for Fund Investors – Dreyfus

Automatic Withdrawal Plan”:

   Dreyfus Automatic Withdrawal Plan For making

regular withdrawals from most Dreyfus funds. There will be no

CDSC on Class B or C shares, as long as the amount of any

withdrawal does not exceed on an annual basis 12% of the

greater of the account value at the time of the first withdrawal

under the plan, or at the time of the subsequent withdrawal.

Larkin-Supp-Pros-PF-029