<PAGE>
ELFUN TAX-EXEMPT INCOME FUND
I, the undersigned, a duly elected officer of Elfun Tax-Exempt Income
Fund, do hereby certify that (i) the form of Prospectus and Statement of
Additional Information that would have been filed under Rule 497(c) of the
Securities Act of 1933, as amended, would not have differed from those contained
in the most recent registration statement amendment, filed April 28, 2000, and
(ii) the text of such amendment was filed electronically.
IN WITNESS WHEREOF, I have signed this Certificate on this 2nd day of
May, 2000.
ELFUN TAX-EXEMPT INCOME FUND
By: /s/ Joseph A. Carucci
-------------------------
Name: Joseph A. Carucci
Title: Assistant Secretary
