LIBERTY HIGH INCOME BOND FUND, INC.
Class A Shares, Class B Shares, Class C Shares
Supplement to Combined Statement of Additional Information dated May 31, 1995
Please replace the Officers and Directors compensation table, on page 10 of
the Statement of Additional Information, with the following:
Officers and Directors Compensation
AGGREGATE
NAME , COMPENSATION
POSITION WITH FROM TOTAL COMPENSATION PAID
FUND* FUND FROM FUND COMPLEX +
John F. Donahue $ 0 $0 for the Fund and
Chairman and Director 68 other investment companies in the Fund
Complex
Thomas G. Bigley $ 736 $20,668 for the Fund and
Director 49 other investment companies in the
Fund Complex
John T. Conroy, Jr. $1,616 $117,202 for the Fund and
Director 64 other investment companies in the Fund
Complex
William J. Copeland $ 1,616 $117,202 for the Fund and
Director 64 other investment companies in the Fund
Complex
J. Christopher Donahue $ 0 $0 for the Fund and
Vice President and Director 14 other investment companies in the Fund
Complex
James E. Dowd $ 1,616 $117,202 for the Fund and
Director 64 other investment companies in the Fund
Complex
Lawrence D. Ellis, M.D. $ 1,467 $106,460 for the Fund and
Director 64 other investment companies in the Fund
Complex
Edward L. Flaherty, Jr. $ 1,616 $117,202 for the Fund and
Director 64 other investment companies in the Fund
Complex
Peter E. Madden $ 1,246 $90,563 for the Fund and
Director 64 other investment companies in the Fund
Complex
Gregor F. Meyer $ 1,467 $106,460 for the Fund and
Director 64 other investment companies in the Fund
Complex
John E. Murray, Jr. $ 0 $0 for the Fund and
Director 64 other investment companies in the Fund
Complex
Wesley W. Posvar $ 1,467 $106,460 for the Fund and
Director 64 other investment companies in the Fund
Complex
Marjorie P. Smuts $ 1,467 $106,460 for the Fund and
Director 64 other investment companies in the Fund
Complex
* Information is provided for the fiscal year ended March 31, 1995.
+ The information provided is for the last calendar year end.
June 6, 1995
FEDERATED SECURITIES CORP.
Distributor
A subsidiary of Federated Investors
Federated Investors Tower
Pittsburgh, PA 15222-3779
G00386-02 (6/95)