STI CLASSIC FUNDS

                      Supplement Dated April 9, 2001 to the
              Equity Funds-Flex and Investor Shares Prospectus, the
            SunTrust Banks Sponsored Retirement Plans Prospectus, the
                  Equity Funds-Trust Shares Prospectus, and the
                    Statement of Additional Information (SAI)
                Dated October 1, 2000 and any supplements thereto


THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT CONTAINED IN
THE PROSPECTUSES AND SAI AND SHOULD BE RETAINED AND READ IN CONJUNCTION WITH
SUCH PROSPECTUSES AND SAI.

CORE EQUITY FUND

On February 20, 2001, the Board of Trustees of the STI Classic Funds approved a
plan of reorganization for the STI Classic Core Equity Fund to combine with the
STI Classic Capital Appreciation Fund, subject to shareholder approval. Pursuant
to the plan of reorganization, the STI Classic Capital Appreciation Fund would
acquire the assets and liabilities of the STI Classic Core Equity Fund. Upon
completion of the reorganization, shares of the STI Classic Capital Appreciation
Fund would be distributed to the shareholders of the STI Classic Core Equity
Fund.

A Proxy Statement/Prospectus relating to the reorganization is expected to be
mailed to STI Classic Core Equity Fund shareholders in April 2001. Shareholders
of the STI Classic Core Equity Fund will be asked to consider the reorganization
transaction at a Special Meeting of Shareholders, which is expected to be held
in May 2001.

E-COMMERCE OPPORTUNITY FUND

Effective June 1, 2001, the STI Classic E-Commerce Opportunity Fund will be
renamed the STI Classic Information and Technology Fund.

Effective June 1, 2001, the information under the headings FUND SUMMARY and
INVESTMENT STRATEGY in the Prospectuses should be replaced with the following:

         FUND SUMMARY

         INVESTMENT GOAL                    Long-term capital growth

         INVESTMENT FOCUS                   Common stocks of companies
                                            benefiting from information and
                                            technology

         SHARE PRICE VOLATILITY             Very high

         PRINCIPAL INVESTMENT STRATEGY      Attempts to identify companies
                                            benefiting from technology and
                                            information to achieve above
                                            average growth

         INVESTOR PROFILE                   Aggressive investors with
                                            long-term investment goals who
                                            are willing to accept
                                            significant volatility for
                                            the possibility of higher
                                            returns



         INVESTMENT STRATEGY

         The Information and Technology Fund invests primarily in common stocks
         of U.S. companies that are expected to benefit substantially from
         information and technology and achieve above average growth. The Fund
         believes that information-oriented companies and technology-oriented
         companies offer the potential for significant long-term growth. The
         Fund's holdings are generally diversified across three market segments.
         The first segment is comprised of corporations whose core line of
         business focuses on an emerging information-related or
         technology-related market. The second segment consists of established
         technology companies that provide the infrastructure to support the
         transfer of information. The third segment includes established,
         non-tech corporations from multiple industries that are harnessing the
         power of information to drive company growth. In selecting investments
         for the Fund, the Adviser focuses on "bottom-up" analysis that
         evaluates the competitive advantages and market sustainability of
         individual companies. The Fund invests primarily in companies with
         market capitalizations over $1 billion, but may invest a portion of its
         assets in smaller companies. Due to its investment strategy, the Fund
         may buy and sell securities frequently. This may result in higher
         transaction costs and additional capital gains tax liabilities.

Effective June 1, 2001, the information in the second paragraph under the
heading "PORTFOLIO MANAGERS," in the Equity Funds-Trust Shares Prospectus and
the Equity Funds-Flex and Investor Shares Prospectus, and the third paragraph
under the heading "PORTFOLIO MANAGERS," in the SunTrust Sponsored Retirement
Plans Prospectus have been deleted and replaced with the following:

         The Information and Technology Fund has been team managed since June 1,
         2001, with Mr. Alan S. Kelley serving as the Lead Portfolio Manager. He
         serves as Vice President of Trusco and has managed the Fund since it
         began operating in September 1999. Prior to joining Trusco, Mr. Kelley
         served as a Portfolio Manager with SunTrust Bank, Atlanta from 1995 to
         1999. He has more than 7 years of investment experience.









               PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.