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SIGNATURE LESLIE L. OGG
TITLE VICE PRESIDENT
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<NUMBER-OF-SHARES-SOLD> 2263037
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<NAME> AXP INTERMEDIATE TAX-EXEMPT FUND CLASS B
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SHAREHOLDER RESPONSE SUMMARY REPORT
IDS FUNDS
IDS Tax-Exempt Bond Fund, Inc.
June 16, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
1. Election of Board members.
<S> <C> <C> <C>
H. Brewster Atwater, Jr.
Affirmative 149,361,456.768 59.581% 98.263%
Withhold 2,640,488.177 1.053% 1.737%
TOTAL 152,001,944.945 60.634% 100.000%
Arne H. Carlson
Affirmative 149,206,702.559 59.519% 98.161%
Withhold 2,795,242.386 1.115% 1.839%
TOTAL 152,001,944.945 60.634% 100.000%
Lynne V. Cheney
Affirmative 149,130,655.242 59.489% 98.111%
Withhold 2,871,289.703 1.145% 1.889%
TOTAL 152,001,944.945 60.634% 100.000%
William H. Dudley
Affirmative 149,389,612.520 59.592% 98.281%
Withhold 2,612,332.425 1.042% 1.719%
TOTAL 152,001,944.945 60.634% 100.000%
David R. Hubers
Affirmative 149,413,444.100 59.602% 98.297%
Withhold 2,588,500.845 1.032% 1.703%
TOTAL 152,001,944.945 60.634% 100.000%
Heinz F. Hutter
Affirmative 149,366,599.144 59.583% 98.266%
Withhold 2,635,345.801 1.051% 1.734%
TOTAL 152,001,944.945 60.634% 100.000%
Anne P. Jones
Affirmative 149,277,910.457 59.548% 98.208%
Withhold 2,724,034.488 1.086% 1.792%
TOTAL 152,001,944.945 60.634% 100.000%
William R. Pearce
Affirmative 149,332,803.553 59.570% 98.244%
Withhold 2,669,141.392 1.064% 1.756%
TOTAL 152,001,944.945 60.634% 100.000%
Alan K. Simpson
Affirmative 149,165,665.496 59.503% 98.134%
Withhold 2,836,279.449 1.131% 1.866%
TOTAL 152,001,944.945 60.634% 100.000%
John R. Thomas
Affirmative 149,392,791.465 59.594% 98.283%
Withhold 2,609,153.480 1.040% 1.717%
TOTAL 152,001,944.945 60.634% 100.000%
SHAREHOLDER RESPONSE SUMMARY REPORT
IDS FUNDS
IDS Tax-Exempt Bond Fund, Inc.
June 16, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
C. Angus Wurtele
Affirmative 149,372,827.186 59.586% 98.270%
Withhold 2,629,117.759 1.048% 1.730%
TOTAL 152,001,944.945 60.634% 100.000%
2. Ratify the selection of independent auditors
Affirmative 147,908,567.904 59.002% 97.307%
Against 1,873,427.909 0.747% 1.233%
Abstain 2,219,949.132 0.885% 1.460%
TOTAL 152,001,944.945 60.634% 100.000%
3. Change the Fund name from "IDS" to "AXP"
Affirmative 134,276,754.757 53.564% 88.339%
Against 13,688,063.032 5.460% 9.005%
Abstain 4,037,127.156 1.610% 2.656%
TOTAL 152,001,944.945 60.634% 100.000%
FUND TOTALS Shares
Record Total 250,685,779.115
Voted Shares 152,001,944.945
Percent Voted 60.634%
SHAREHOLDER RESPONSE SUMMARY REPORT
IDS FUNDS
IDS Intermediate Tax-Exempt Fund
June 16, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
1. Election of Board members.
H. Brewster Atwater, Jr.
Affirmative 3,320,749.649 53.486% 99.504%
Withhold 16,564.009 0.266% 0.496%
TOTAL 3,337,313.658 53.752% 100.000%
Arne H. Carlson
Affirmative 3,320,749.649 53.486% 99.504%
Withhold 16,564.009 0.266% 0.496%
TOTAL 3,337,313.658 53.752% 100.000%
Lynne V. Cheney
Affirmative 3,320,749.649 53.486% 99.504%
Withhold 16,564.009 0.266% 0.496%
TOTAL 3,337,313.658 53.752% 100.000%
William H. Dudley
Affirmative 3,320,749.649 53.486% 99.504%
Withhold 16,564.009 0.266% 0.496%
TOTAL 3,337,313.658 53.752% 100.000%
David R. Hubers
Affirmative 3,320,749.649 53.486% 99.504%
Withhold 16,564.009 0.266% 0.496%
TOTAL 3,337,313.658 53.752% 100.000%
Heinz F. Hutter
Affirmative 3,320,749.649 53.486% 99.504%
Withhold 16,564.009 0.266% 0.496%
TOTAL 3,337,313.658 53.752% 100.000%
Anne P. Jones
Affirmative 3,320,700.260 53.485% 99.502%
Withhold 16,613.398 0.267% 0.498%
TOTAL 3,337,313.658 53.752% 100.000%
William R. Pearce
Affirmative 3,320,700.260 53.485% 99.502%
Withhold 16,613.398 0.267% 0.498%
TOTAL 3,337,313.658 53.752% 100.000%
Alan K. Simpson
Affirmative 3,320,749.649 53.486% 99.504%
Withhold 16,564.009 0.266% 0.496%
TOTAL 3,337,313.658 53.752% 100.000%
John R. Thomas
Affirmative 3,320,749.649 53.486% 99.504%
Withhold 16,564.009 0.266% 0.496%
TOTAL 3,337,313.658 53.752% 100.000%
SHAREHOLDER RESPONSE SUMMARY REPORT
IDS FUNDS
IDS Intermediate Tax-Exempt Fund
June 16, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
C. Angus Wurtele
Affirmative 3,320,749.649 53.486% 99.504%
Withhold 16,564.009 0.266% 0.496%
TOTAL 3,337,313.658 53.752% 100.000%
2. Ratify the selection of independent auditors
Affirmative 3,237,055.403 52.138% 96.996%
Against 50,031.027 0.805% 1.499%
Abstain 50,227.228 0.809% 1.505%
TOTAL 3,337,313.658 53.752% 100.000%
3. Change the Fund name from "IDS" to "AXP"
Affirmative 3,131,153.546 50.432% 93.823%
Against 107,157.670 1.726% 3.210%
Abstain 99,002.442 1.594% 2.967%
TOTAL 3,337,313.658 53.752% 100.000%
FUND TOTALS Shares
Record Total 6,208,683.211
Voted Shares 3,337,313.658
Percent Voted 53.752%
SHAREHOLDER RESPONSE SUMMARY REPORT
IDS FUNDS
IDS Intermediate Tax-Exempt Fund Class B
June 16, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
4. Approve a new shareholder service and distribution plan.
Affirmative 678,162.333 46.007% 91.020%
Against 52,722.333 3.577% 7.076%
Abstain 14,182.775 0.962% 1.904%
TOTAL 745,067.441 50.546% 100.000%
FUND TOTALS Shares
Record Total 1,474,030.116
Voted Shares 745,067.441
Percent Voted 50.546%
SHAREHOLDER RESPONSE SUMMARY REPORT
IDS FUNDS
IDS Intermediate Tax-Exempt Fund Class A & B
June 16, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
4. Approve a new shareholder service and distribution plan.
Affirmative 2,622,885.232 42.247% 90.652%
Against 194,304.606 3.130% 6.715%
Abstain 76,168.040 1.226% 2.633%
TOTAL 2,893,357.878 46.603% 100.000%
Not Voting 443,737.000
FUND TOTALS Shares
Record Total 6,208,464.431
Voted Shares 3,337,094.878
Percent Voted 53.751%
SHAREHOLDER RESPONSE SUMMARY REPORT
IDS FUNDS
IDS Tax-Exempt Bond Fund
June 16, 1999
% of Outstanding% of Shares
No. of Shares Shares Voted
1. Election of Board members.
H. Brewster Atwater, Jr.
Affirmative 146,040,707.119 59.736% 98.235%
Withhold 2,623,924.168 1.073% 1.765%
TOTAL 148,664,631.287 60.809% 100.000%
Arne H. Carlson
Affirmative 145,885,952.910 59.673% 98.131%
Withhold 2,778,678.377 1.136% 1.869%
TOTAL 148,664,631.287 60.809% 100.000%
Lynne V. Cheney
Affirmative 145,809,905.593 59.642% 98.080%
Withhold 2,854,725.694 1.167% 1.920%
TOTAL 148,664,631.287 60.809% 100.000%
William H. Dudley
Affirmative 146,068,862.871 59.747% 98.254%
Withhold 2,595,768.416 1.062% 1.746%
TOTAL 148,664,631.287 60.809% 100.000%
David R. Hubers
Affirmative 146,092,694.451 59.757% 98.270%
Withhold 2,571,936.836 1.052% 1.730%
TOTAL 148,664,631.287 60.809% 100.000%
Heinz F. Hutter
Affirmative 146,045,849.495 59.738% 98.238%
Withhold 2,618,781.792 1.071% 1.762%
TOTAL 148,664,631.287 60.809% 100.000%
Anne P. Jones
Affirmative 145,957,210.197 59.702% 98.179%
Withhold 2,707,421.090 1.107% 1.821%
TOTAL 148,664,631.287 60.809% 100.000%
William R. Pearce
Affirmative 146,012,103.293 59.724% 98.216%
Withhold 2,652,527.994 1.085% 1.784%
TOTAL 148,664,631.287 60.809% 100.000%
Alan K. Simpson
Affirmative 145,844,915.847 59.656% 98.103%
Withhold 2,819,715.440 1.153% 1.897%
TOTAL 148,664,631.287 60.809% 100.000%
John R. Thomas
Affirmative 146,072,041.816 59.749% 98.256%
Withhold 2,592,589.471 1.060% 1.744%
TOTAL 148,664,631.287 60.809% 100.000%
SHAREHOLDER RESPONSE SUMMARY REPORT
IDS FUNDS
IDS Tax-Exempt Bond Fund
June 16, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
C. Angus Wurtele
Affirmative 146,052,077.537 59.741% 98.243%
Withhold 2,612,553.750 1.068% 1.757%
TOTAL 148,664,631.287 60.809% 100.000%
2. Ratify the selection of independent auditors
Affirmative 144,671,512.501 59.176% 97.314%
Against 1,823,396.882 0.746% 1.227%
Abstain 2,169,721.904 0.887% 1.459%
TOTAL 148,664,631.287 60.809% 100.000%
3. Change the Fund name from "IDS" to "AXP"
Affirmative 131,145,601.211 53.643% 88.216%
Against 13,580,905.362 5.555% 9.135%
Abstain 3,938,124.714 1.611% 2.649%
TOTAL 148,664,631.287 60.809% 100.000%
6. Changes to investment policies
6.1 Prohibited conflict of interest
Affirmative 135,256,323.402 55.325% 91.357%
Against 6,676,460.464 2.731% 4.510%
Abstain 6,119,629.421 2.503% 4.133%
TOTAL 148,052,413.287 60.559% 100.000%
Not Voting 612,218.000
FUND TOTALS Shares
Record Total 244,477,095.904
Voted Shares 148,664,631.287
Percent Voted 60.809%
SHAREHOLDER RESPONSE SUMMARY REPORT
IDS FUNDS
IDS Tax-Exempt Bond Fund Class B
June 16, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
4. Approve a new shareholder service and distribution plan.
Affirmative 4,888,562.768 49.496% 91.868%
Against 319,009.464 3.230% 5.995%
Abstain 113,730.541 1.151% 2.137%
TOTAL 5,321,302.772 53.877% 100.000%
FUND TOTALS Shares
Record Total 9,876,744.667
Voted Shares 5,321,302.772
Percent Voted 53.877%
SHAREHOLDER RESPONSE SUMMARY REPORT
IDS FUNDS
IDS Tax-Exempt Bond Fund Class A & B
June 16, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
4. Approve a new shareholder service and distribution plan.
Affirmative 132,786,864.035 54.326% 89.691%
Against 9,701,855.270 3.969% 6.553%
Abstain 5,560,986.591 2.275% 3.756%
TOTAL 148,049,705.896 60.570% 100.000%
Not Voting 612,218.000
FUND TOTALS Shares
Record Total 244,425,950.635
Voted Shares 148,661,923.896
Percent Voted 60.821%
</TABLE>
