Definitive materialsWhat is Form 497?
Chapman and Cutler 111 West Monroe Street Chicago, Illinois 60603 February 12, 1997 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549-1004 Attn: Filing Desk, Stop 1-4 Re:Van Kampen American Capital Utility Income Trust, Series 3 Ladies/Gentlemen: Pursuant to the requirements of Rule 497(d) of the General Rules and Regulations of the Securities Act of 1933, we are submitting a supplement to the prospectus being used with respect to the above-mentioned series. Very truly yours, Chapman and Cutler Van Kampen American Capital Distributors, Inc. Unit Investment Trusts Supplement to the Prospectus Dated February 12, 1997 The Trust's Sponsor, Van Kampen American Capital Distributors, Inc., is an indirect subsidiary of Morgan Stanley Group Inc. On February 5, 1997, Morgan Stanley Group Inc. and Dean Witter, Discover & Co. announced that they had entered into an Agreement and Plan of Merger to form Morgan Stanley, Dean Witter, Discover & Co. Subject to certain conditions being met, it is currently anticipated that the transaction will close in mid-1997. Thereafter, Van Kampen American Capital Distributors, Inc. will be an indirect subsidiary of Morgan Stanley, Dean Witter, Discover & Co. Dean Witter, Discover & Co. is a financial services company with three major businesses: full service brokerage, credit services and asset management of more than $100 billion in customer accounts.