CRABBE HUSON SMALL CAP FUND
THE CRABBE HUSON SPECIAL FUND
CRABBE HUSON OREGON TAX-FREE FUND
CRABBE HUSON CONTRARIAN INCOME FUND
Supplement to Prospectuses
(Replacing Supplement dated January 27, 1999)
Until further notice, Class B and Class C shares of Crabbe Huson Small Cap Fund
and The Crabbe Huson Special Fund are not available for purchases or exchanges.
Until further notice, Class C shares of Crabbe Huson Oregon Tax-Free Fund are
not available for purchases or exchanges.
Until further notice, Crabbe Huson Contrarian Income Fund's Class A shares are
available only for additional purchases by existing shareholders.
Peter P. Belton is no longer a co-manager of The Crabbe Huson Special Fund and
the Crabbe Huson Small Cap Fund.
CH-36/053H-0499 (4/99) April 16, 1999
