OPPENHEIMER DISCIPLINED ALLOCATION FUND
                                      Supplement dated March 18, 2002 to the
                            Statement of Additional Information dated February 28, 2002


         The  Statement of  Additional  Information  is changed by deleting the  biographical  information  as they
currently appear on page 37 for John S. Kowalik and Robert J. Bishop.






March 18, 2002                                                                                     PX0205.006





                                               OPPENHEIMER BOND FUND
                                       OPPENHEIMER CAPITAL APPRECIATION FUND
                                       OPPENHEIMER CAPITAL PRESERVATION FUND
                                          OPPENHEIMER CAPITAL INCOME FUND
                                       OPPENHEIMER CONCENTRATED GROWTH FUND
                                      OPPENHEIMER CONVERTIBLE SECURITIES FUND
                                        OPPENHEIMER DEVELOPING MARKETS FUND
                                      OPPENHEIMER DISCIPLINED ALLOCATION FUND
                                            OPPENHEIMER DISCOVERY FUND
                                         OPPENHEIMER EMERGING GROWTH FUND
                                      OPPENHEIMER EMERGING TECHNOLOGIES FUND
                                            OPPENHEIMER ENTERPRISE FUND
                                              OPPENHEIMER EUROPE FUND
                                              OPPENHEIMER GLOBAL FUND
                                      OPPENHEIMER GLOBAL GROWTH & INCOME FUND
                                     OPPENHEIMER GOLD & SPECIAL MINERALS FUND
                                              OPPENHEIMER GROWTH FUND
                                            OPPENHEIMER HIGH YIELD FUND
                                        OPPENHEIMER INTERNATIONAL BOND FUND
                                       OPPENHEIMER INTERNATIONAL GROWTH FUND
                                   OPPENHEIMER INTERNATIONAL SMALL COMPANY FUND
                                     OPPENHEIMER LIMITED-TERM GOVERNMENT FUND
                                   OPPENHEIMER MAIN STREET GROWTH & INCOME FUND
                                     OPPENHEIMER MAIN STREET OPPORTUNITY FUND
                                      OPPENHEIMER MAIN STREET SMALL CAP FUND
                                              OPPENHEIMER MIDCAP FUND
                                       OPPENHEIMER MULTIPLE STRATEGIES FUND
                                       OPPENHEIMER QUEST BALANCED VALUE FUND
                                    OPPENHEIMER QUEST CAPITAL VALUE FUND, INC.
                                     OPPENHEIMER QUEST GLOBAL VALUE FUND, INC.
                                     OPPENHEIMER QUEST OPPORTUNITY VALUE FUND
                                        OPPENHEIMER QUEST VALUE FUND, INC.
                                       OPPENHEIMER SENIOR FLOATING RATE FUND
                                            OPPENHEIMER SELECT MANAGERS
                                         OPPENHEIMER SMALL CAP VALUE FUND
                                          OPPENHEIMER SPECIAL VALUE FUND
                                         OPPENHEIMER STRATEGIC INCOME FUND
                                        OPPENHEIMER TOTAL RETURN FUND, INC.
                                         OPPENHEIMER U.S. GOVERNMENT TRUST
                                              OPPENHEIMER VALUE FUND






                                          Supplement Dated March 20, 2002
                                    to the Statements of Additional Information

The Statement of  Additional  Information  for each fund named above is hereby  revised to delete the Appendix
captioned "Industry Classifications" and replace it with the following:
                                                     APPENDIX

                                             INDUSTRY CLASSIFICATIONS

Aerospace & Defense                                Household Durables
Air Freight & Couriers                             Household Products
Airlines                                           Industrial Conglomerates
Auto Components                                    Insurance
Automobiles                                        Internet & Catalog Retail
Banks                                              Internet Software & Services
Beverages                                          Information Technology Consulting & Services
Biotechnology                                      Leisure Equipment & Products
Building Products                                  Machinery
Chemicals                                          Marine
Commercial Services & Supplies                     Media
Communications Equipment                           Metals & Mining
Computers & Peripherals                            Multiline Retail
Construction & Engineering                         Multi-Utilities
Construction Materials                             Office Electronics
Containers & Packaging                             Oil & Gas
Distributors                                       Paper & Forest Products
Diversified Financials                             Personal Products
Diversified Telecommunication Services             Pharmaceuticals
Electric Utilities                                 Real Estate
Electrical Equipment                               Road & Rail
Electronic Equipment & Instruments                 Semiconductor Equipment & Products
Energy Equipment & Services                        Software
Food & Drug Retailing                              Specialty Retail
Food Products                                      Textiles & Apparel
Gas Utilities                                      Tobacco
Health Care Equipment & Supplies                   Trading Companies & Distributors
Health Care Providers & Services                   Transportation Infrastructure
Hotels Restaurants & Leisure                       Water Utilities
                                                   Wireless Telecommunication Services





March 20, 2002                                                                  PX0205.007





                                               OPPENHEIMER BOND FUND
                                       OPPENHEIMER CAPITAL APPRECIATION FUND
                                       OPPENHEIMER CAPITAL PRESERVATION FUND
                                          OPPENHEIMER CAPITAL INCOME FUND
                                       OPPENHEIMER CONCENTRATED GROWTH FUND
                                      OPPENHEIMER CONVERTIBLE SECURITIES FUND
                                        OPPENHEIMER DEVELOPING MARKETS FUND
                                      OPPENHEIMER DISCIPLINED ALLOCATION FUND
                                            OPPENHEIMER DISCOVERY FUND
                                         OPPENHEIMER EMERGING GROWTH FUND
                                      OPPENHEIMER EMERGING TECHNOLOGIES FUND
                                            OPPENHEIMER ENTERPRISE FUND
                                              OPPENHEIMER EUROPE FUND
                                              OPPENHEIMER GLOBAL FUND
                                      OPPENHEIMER GLOBAL GROWTH & INCOME FUND
                                     OPPENHEIMER GOLD & SPECIAL MINERALS FUND
                                              OPPENHEIMER GROWTH FUND
                                            OPPENHEIMER HIGH YIELD FUND
                                        OPPENHEIMER INTERNATIONAL BOND FUND
                                       OPPENHEIMER INTERNATIONAL GROWTH FUND
                                   OPPENHEIMER INTERNATIONAL SMALL COMPANY FUND
                                     OPPENHEIMER LIMITED-TERM GOVERNMENT FUND
                                   OPPENHEIMER MAIN STREET GROWTH & INCOME FUND
                                     OPPENHEIMER MAIN STREET OPPORTUNITY FUND
                                      OPPENHEIMER MAIN STREET SMALL CAP FUND
                                              OPPENHEIMER MIDCAP FUND
                                       OPPENHEIMER MULTIPLE STRATEGIES FUND
                                       OPPENHEIMER QUEST BALANCED VALUE FUND
                                    OPPENHEIMER QUEST CAPITAL VALUE FUND, INC.
                                     OPPENHEIMER QUEST GLOBAL VALUE FUND, INC.
                                     OPPENHEIMER QUEST OPPORTUNITY VALUE FUND
                                        OPPENHEIMER QUEST VALUE FUND, INC.
                                       OPPENHEIMER SENIOR FLOATING RATE FUND
                                            OPPENHEIMER SELECT MANAGERS
                                         OPPENHEIMER SMALL CAP VALUE FUND
                                          OPPENHEIMER SPECIAL VALUE FUND
                                         OPPENHEIMER STRATEGIC INCOME FUND
                                        OPPENHEIMER TOTAL RETURN FUND, INC.
                                         OPPENHEIMER U.S. GOVERNMENT TRUST
                                              OPPENHEIMER VALUE FUND






                                          Supplement Dated March 20, 2002
                                    to the Statements of Additional Information

The Statement of  Additional  Information  for each fund named above is hereby  revised to delete the Appendix
captioned "Industry Classifications" and replace it with the following:
                                                     APPENDIX

                                             INDUSTRY CLASSIFICATIONS

Aerospace & Defense                                Household Durables
Air Freight & Couriers                             Household Products
Airlines                                           Industrial Conglomerates
Auto Components                                    Insurance
Automobiles                                        Internet & Catalog Retail
Banks                                              Internet Software & Services
Beverages                                          Information Technology Consulting & Services
Biotechnology                                      Leisure Equipment & Products
Building Products                                  Machinery
Chemicals                                          Marine
Commercial Services & Supplies                     Media
Communications Equipment                           Metals & Mining
Computers & Peripherals                            Multiline Retail
Construction & Engineering                         Multi-Utilities
Construction Materials                             Office Electronics
Containers & Packaging                             Oil & Gas
Distributors                                       Paper & Forest Products
Diversified Financials                             Personal Products
Diversified Telecommunication Services             Pharmaceuticals
Electric Utilities                                 Real Estate
Electrical Equipment                               Road & Rail
Electronic Equipment & Instruments                 Semiconductor Equipment & Products
Energy Equipment & Services                        Software
Food & Drug Retailing                              Specialty Retail
Food Products                                      Textiles & Apparel
Gas Utilities                                      Tobacco
Health Care Equipment & Supplies                   Trading Companies & Distributors
Health Care Providers & Services                   Transportation Infrastructure
Hotels Restaurants & Leisure                       Water Utilities
                                                   Wireless Telecommunication Services





March 20, 2002                                                                  PX0375.006