424B2 1 Supplement dated March 30, 1995 to Prospectus Supplement dated March 29, 1995 CBI Industries, Inc. The following information supplements and amends the Prospectus Supplement, dated March 29, 1995, of CBI Industries, Inc. (the "Company") relating to the issuance of the Company's 7.48% Preferred Stock. This Supplement should be read in conjunction with the Prospectus Supplement dated March 29, 1995. The number of shares to be sold in the offering has been increased from 500,000 shares to 550,000 shares. As a result, the total Price to Public, Underwriters Discount and Proceeds to the Company are $55,000,000, $481,250 and $54,518,750, respectively. This information supersedes the information set forth in the "Total" line in the pricing table on the cover page of the Prospectus Supplement dated March 29, 1995. The use of proceeds remains the same as described in the Prospectus Supplement dated March 29, 1995. The underwriting arrangements described in such Prospectus Supplement also remain the same except that Lehman Brothers Inc. has agreed to purchase 357,500 shares and Merrill Lynch, Pierce, Fenner & Smith Incorporated has agreed to purchase 192,500 shares.