SUPPLEMENT TO THE PROSPECTUS OF
                            TCW GALILEO FUNDS, INC.

                             Dated: March 1, 2002

Under the section titled "TCW Galileo Small Cap Growth Fund" beginning on page
45, the second sentence of the first paragraph is deleted and the following
sentence is substituted:

   To pursue this goal, it invests (except when maintaining a temporary
   defensive position) at least 80% of the value of its net assets in equity
   securities issued by companies with market capitalizations, at the time of
   acquisition, within the capitalization range of the companies comprising the
   Standard & Poor's Small Cap 600 Index.

Under the section titled "TCW Galileo Small Cap Value Fund" beginning on page
48, the second sentence of the first paragraph is deleted and the following
sentence is substituted:

   To pursue this goal, it invests (except when maintaining a temporary
   defensive position) at least 80% of the value of its net assets in equity
   securities issued by value companies with market valuations, at the time of
   acquisition, within the range of companies comprising the Standard & Poor's
   Small Cap 600 Index.

                                                                   June 1, 2002
                                                                          GALNP