RCM CAPITAL FUNDS, INC.
             SUPPLEMENT DATED DECEMBER 23, 1997
     TO COMBINED PROSPECTUS AND STATEMENT OF ADDITIONAL
                         INFORMATION
                      DATED MAY 1, 1997
                              
The   following  information  replaces  similar   references
throughout   the  Combined  Prospectus  and   Statement   of
Additional Information:

The  name  of  the  Company and its series have  changed  to
Dresdner RCM Capital Funds, Inc., Dresdner RCM Growth Equity
Fund,   Dresdner  RCM  Small  Cap  Fund  and  Dresdner   RCM
International Growth Equity Fund A, respectively.

The following information supplements and should be read  in
conjunction  with the information on the cover page  of  the
Combined Prospectus and Statement of Additional Information:

Shares  of  the Funds are not deposits, obligations  of,  or
endorsed or guaranteed in any way by, Dresdner Bank  AG,  or
any  other depository institution.  Shares of the Funds  are
not insured by the Federal Deposit Insurance Corporation, or
any  other  agency,  and are subject  to  investment  risks,
including possible loss of principal amount invested.
                              
The following information supplements and should be read  in
conjunction  with  the  Synopsis and  the  section  entitled
"Investment  Objective  and  Policies"  at  page  9  of  the
Combined Prospectus and Statement of Additional Information:

"Small-to  medium-sized concerns" is defined as encompassing
companies   whose   equity   securities   have   a    market
capitalization  not  exceeding that of the  largest  company
included in the S&P 400.  As of the date hereof, the S&P 400
includes companies with market capitalizations ranging  from
approximately  $100 million to $13 billion.  The  Investment
Manager currently anticipates that the issuers of securities
held  in  the portfolio of the Growth Equity Fund  generally
will have market capitalizations of between $750 million and
$10 billion.


The   following  information  supplements,  and  in  certain
instances replaces, the information in the section  entitled
"The  Investment Manager" at pages 33 and 34 of the Combined
Prospectus and Statement of Additional Information:

John  A.  Kriewall.   Mr. Kriewall is  a  primary  portfolio
manager  of the Growth Equity Fund.  He has managed  one  or
more  of the Growth Equity Fund's portfolios since 1987  and
was  one of the primary portfolio managers of the Small  Cap
Fund  from  1992-1997.   He is a member  of  the  Investment
Manager's Portfolio Management Team and a Principal  of  the
Investment Manager, with which he has been associated  since
1973.

G.  Nicholas  Farwell.  Mr. Farwell  has  been  one  of  the
primary  portfolio managers of the Small Cap Fund since  its
inception.   He  was also primary portfolio manager  of  the
Growth  Equity Fund from 1984-1997.  He is a member  of  the
Investment  Manager's  Portfolio  Management  Team   and   a
Principal of the Investment Manager, with which he has  been
associated since 1980.

Gary B. Sokol.  Mr. Sokol is a primary portfolio manager  of
the  Growth Equity Fund, and from 1992-1997, was  a  primary
portfolio  manager of the Small Cap Fund.  He  has  research
and  management responsibilities for mid cap securities  and
is  a Principal of the Investment Manager, with which he has
been associated since 1988.

Matthew  L.  Blazei.   Mr.  Blazei is  a  primary  portfolio
manager of the Small Cap Fund and has managed one or more of
its  portfolios since 1996.  He has research and  management
responsibilities for small cap securities and  is  a  Senior
Vice President of the Investment Manager, with which he  has
been associated since 1992.

Michael  F.  Malouf.   Mr.  Malouf is  a  primary  portfolio
manager of the Small Cap Fund and has managed one or more of
its  portfolios since 1996.  He has research and  management
responsibilities for small cap securities and  is  a  Senior
Vice President of the Investment Manager, with which he  has
been associated since 1991.

The following information supplements and should be read  in
conjunction  with  the  section  entitled  "The   Investment
Manager" beginning on page 34 of the Combined Prospectus and
Statement of Additional Information:

Shares  of  the Funds are not deposits, obligations  of,  or
endorsed or guaranteed in any way by, Dresdner Bank  AG,  or
any  other depository institution.  Shares of the Funds  are
not insured by the Federal Deposit Insurance Corporation, or
any  other  agency,  and are subject  to  investment  risks,
including possible loss of principal amount invested.