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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000950136-02-001372.txt : 20020507
<SEC-HEADER>0000950136-02-001372.hdr.sgml : 20020507
ACCESSION NUMBER:		0000950136-02-001372
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20020507

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VALUE LINE SPECIAL SITUATIONS FUND INC
		CENTRAL INDEX KEY:			0000102767
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	002-12663
		FILM NUMBER:		02636522

	BUSINESS ADDRESS:	
		STREET 1:		220 E 42ND ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2126873965
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>file001.txt
<DESCRIPTION>DEFINITIVE MATERIALS
<TEXT>
<PAGE>

                                               Filed Pursuant to Rule 497(j)
                                               Registration File No.: 2-12663


            [VALUE LINE LOGO]   VALUE LINE, INC

                              220 East 42nd Street
                         New York, New York 10017-5891
                  Phone: (212) 907-1500 / Fax: (212) 818-9747


                                                                     May 6, 2002


Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549


            Re:  Value Line Special Situations Fund, Inc.
                 File #2-12663; 811-719
                 Rule 497(j)
                 ---------------------------------------


Dear Sir/Madam:

     On behalf of the Registrant, the undersigned certifies that the form of
Prospectus and Statement of Additional Information that would have been filed
under Section 497(c) would not have differed from those contained in the text of
the Registrant's most recent post-effective amendment to its registration
statement that was filed electronically via Edgar with the Securities and
Exchange Commission.


                                               Very truly yours,

                                           /s/ Peter D. Lowenstein
                                               ---------------------------
                                               Peter D. Lowenstein


PDL:psp


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