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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000950156-98-000520.txt : 19980825
<SEC-HEADER>0000950156-98-000520.hdr.sgml : 19980825
ACCESSION NUMBER:		0000950156-98-000520
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19980824
SROS:			NONE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CITIFUNDS TRUST 1
		CENTRAL INDEX KEY:			0000744388
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-90518
		FILM NUMBER:		98696391

	BUSINESS ADDRESS:	
		STREET 1:		6ST JAMES ST
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116
		BUSINESS PHONE:		6174231679

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LANDMARK FUNDS I
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LANDMARK GROWTH & INCOME FUND
		DATE OF NAME CHANGE:	19900429

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LANDMARKFUNDS MANAGED MUNICIPAL BOND TRUST
		DATE OF NAME CHANGE:	19860819
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<DESCRIPTION>CITIFUNDS TRUST I-SUPP DTD 8/24/98 TO PROS DTD 3/2/98
<TEXT>

<PAGE>

                                          497(e) File Nos. 2-90518 and 811-4006

Supplement dated August 24, 1998 to Prospectus dated March 2, 1998

CitiSelect(R) Folio 200      CitiSelect(R) Folio 400
CitiSelect(R) Folio 300      CitiSelect(R) Folio 500

The sixth paragraph appearing in the "Management -- Investment Manager"
section on page 22 is deleted and replaced with the following:

SMALL CAPITALIZATION GROWTH SECURITIES

This portion of the Funds' portfolios has been managed by Lawrence P.
Keblusek since August 1998. Mr. Keblusek's biographical information is
contained under "Management -- Investment Manager" above.


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