SUPPLEMENT TO THE PROSPECTUS
OF
EVERGREEN TAX-FREE HIGH INCOME FUND
(the "Fund")
Effective February 1, 2000 the Fund's Class C share maximum deferred sales
charge (as a % of either the redemption amount or initial investment, whichever
is lower) is changed to 2.00%.
The paragraph describing Class C shares under the section titled "HOW TO
CHOOSE THE SHARE CLASS THAT BEST SUITS YOU" in the Fund's prospectus is replaced
with the following:
Like Class B shares, you do not pay a front-end sales charge on Class C shares.
However, you may pay a deferred sales charge if you redeem your shares within
two years after the month of purchase. Also, these shares do not convert to
Class A shares and so the higher 12b-1 fee paid by the Class C shares continues
for the life of the account.
The amount of the deferred sales charge depends on the length of time the shares
were held, as shown below:
Time Held Deferred Sales Charge
Month of Purchase + First 12 Month Period 2.00%
Month of Purchase + Second 12 Month Period 1.00%
Thereafter 0%
Dealer Allowance 2.00%
Under the Fund's "Example of Fund Expenses," the Fund's Class C share
example number assuming redemption at the end of the first year is changed to
$383.
February 1, 2000 552147 (1/00)
