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SCHEDULE 14A
(RULE 14A-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES
EXCHANGE ACT OF 1934 (AMENDMENT NO. )
Filed by the Registrant [ ]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement [ ] Confidential, for Use of the
Commission Only (as permitted by
Rule 14a-6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to sec. 240.14a-11(c) or sec. 240.14a-12
USLIFE INCOME FUND, INC.
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(Name of Registrant as Specified in its Charter)
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(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(l) and
0-11.
(1) Title of each class of securities to which transaction applies:
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(2) Aggregate number of securities to which transaction applies:
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(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee
is calculated and state how it was determined):
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(4) Proposed maximum aggregate value of transaction:
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(5) Total fee paid:
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[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number, or
the Form or Schedule and the date of its filing.
(1) Amount Previously Paid:
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(2) Form, Schedule or Registration Statement No.:
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(3) Filing Party:
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(4) Date Filed:
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[USLIFE INCOME FUND INC. LETTERHEAD]
November 29, 1999
Dear USLIFE Income Fund Shareholder:
The December 3 Annual Meeting of Shareholders is now only a few days away
and, according to our records, we have not yet received your BLUE proxy card. As
you know, a dissident shareholder, the Ernest Horejsi Trust No. 1B, and one of
its beneficiaries, Stewart R. Horejsi, have initiated a proxy contest in an
effort to elect four people designated by them to your Fund's Board of
Directors. The dissident Horejsi group also is seeking to alter your Fund's long
standing investment policy.
As a result, your vote this year is extremely important.
In order to give you every opportunity to vote your shares, we are
enclosing a duplicate BLUE proxy card and a Federal Express envelope with
instructions on how to arrange a free pickup and delivery of your BLUE proxy
card to us. We also are enclosing, for your information and convenience, copies
of two letters we previously sent to all of the Fund's shareholders which
explain in detail why we believe it is important that you sign, date and return
the enclosed BLUE proxy card without delay.
As an alternative to returning your BLUE proxy card by Federal Express, you
also can return your BLUE proxy card by fax. If you have a fax machine
available, you can vote your shares by faxing both sides of your BLUE proxy card
to the firm which is assisting us in the solicitation of proxies, Georgeson
Shareholder Communications Inc. The fax number is (212) 440-9009.
If you have any questions or need assistance in voting your shares, either
by Federal Express or by fax, please call Georgeson Shareholder Communications,
toll free, at 1 (800) 223-2064.
Again, we thank you for your patience and your support.
Sincerely,
/s/ ALICE T. KANE
Alice T. Kane
President
