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SCUDDER HIGH YIELD TAX FREE FUND SUPPLEMENT TO PROSPECTUS DATED OCTOBER 1, 1999 ------------------------ The following information supplements the disclosure for the Scudder High Yield Tax Free Fund in the "Policies You Should Know About" section of the Prospectus: The fund does have other share classes, which are described in a separate prospectus and which have different fees, requirements and services. May 1, 2000
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