LIBERTY NORTH CAROLINA TAX-EXEMPT FUND
A SERIES OF LIBERTY FUNDS TRUST V
THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES
PROXY FOR SPECIAL MEETING OF SHAREHOLDERS - DECEMBER 19, 2000
The signers of this proxy hereby appoint __________, ___________ and _________,
and each of them, proxies of the signers, with power of substitution to each to
represent and vote at the Special Meeting of Shareholders to be held at 10:00
a.m. Eastern time on December 19, 2000 at the offices of Colonial Management
Associates, Inc., One Financial Center, Boston, Massachusetts, and at any
adjournments, as specified herein, and in accordance with their best judgment,
on any other business that may properly come before the Meeting.
|X| PLEASE MARK VOTES AS
IN THIS EXAMPLE
THIS PROXY WHEN PROPERLY EXECUTED WILL BE VOTED IN THE MANNER DIRECTED BELOW
AND, ABSENT DIRECTION, WILL BE VOTED FOR PROPOSALS 4 AND 6 LISTED BELOW.
In their discretion, the proxies are authorized to vote upon such other business
as may properly come before the Meeting. The Trustees recommend a vote FOR each
proposal.
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4. Proposal to approve the Agreement and Plan of |_| FOR |_| AGAINST |_| ABSTAIN
Reorganization with respect to the acquisition
of the Liberty North Carolina Tax-Exempt Fund by
the Liberty Tax-Exempt Fund.
6. Proposal to elect eleven Trustees: |_| FOR ALL NOMINEES
(01) Douglas A. Hacker |_| WITHHELD FROM ALL
(02) Janet Langford Kelly NOMINEES
(03) Richard W. Lowry
(04) Salvatore Macera |_| FOR ALL NOMINEES EXCEPT AS
(05) William E. Mayer NOTED
(06) Charles Nelson
(07) John J. Neuhauser
(08) Joseph R. Palombo
(09) Thomas E. Stitzel
(10) Thomas C. Theobald
(11) Anne-Lee Verville NOTE: Please sign exactly as
name appears thereon. When
signing as attorney,
executor, administrator,
trustee or guardian, please
give full title as such.
If a corporation, please
sign in full corporate
name by President or
other authorized
officer. If a partnership,
please sign in the
partnership name by
authorized person.
PLEASE MARK, SIGN, DATE AND RETURN
THIS PROXY PROMPTLY USING THE Signature:____________Date:_____
ENCLOSED ENVELOPE.
Signature:____________Date:_____
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TWO NEW CONVENIENT WAYS TO VOTE YOUR PROXY
PROXY VOTING--QUICK AND CONVENIENT
The enclosed proxy statement provides details on important issues affecting your
Liberty and Stein Roe Funds. The Board of Trustees recommends that you vote for
all proposals.
For the first time, we are offering two new ways to vote: by internet or fax.
These methods may be quicker and more convenient than the traditional method of
mailing back your proxy card. Please follow the simple instructions on this
proxy insert.
If you are voting by internet or fax, you SHOULD NOT mail your proxy card.
YOUR PROXY VOTE IS IMPORTANT!
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VOTE BY INTERNET: VOTE BY FAX:
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- Read the proxy statement and have your proxy - Read the proxy statement.
card available.
- Fax your proxy card to 1-800-733-1885.
- Visit our Web site (www.libertyfunds.com or
www.steinroe.com) and go to "Proxy Voting."
- When you are ready to vote, click on the blue
"Vote My Proxy" link.
- Enter the 14-digit Control Number from your
proxy card.
- Follow the instructions provided on the site.
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