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SIGNATURE GEORGE BOWEN
TITLE TREASURER
<PAGE>
SHAREHOLDER MEETING
On November 3, 1995, a special meeting of the shareholders of the Fund was
held at which the five Directors identified below were elected and the approval
of a new investment advisory agreement with OppenheimerFunds, Inc. (Proposal 1),
a new sub-advisory agreement between OppenheimerFunds, Inc. and OpCap Advisors
(Proposal 2) and new Distribution and Service Plan agreements with
OppenheimerFunds Distributor, Inc. (Proposal 3) were ratified. The following is
a report of the votes cast (Class A, B and C shares voted together unless
otherwise indicated):
<TABLE>
<CAPTION>
NOMINEE/PROPOSAL FOR AGAINST WITHHELD/ABSTAIN TOTAL
--------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Paul Y. Clinton 13,304,084.271 0 405,628.544 13,709,712.815
Thomas W. Courtney 13,308,047.193 0 401,665.622 13,709,712.815
Lacy B. Herrmann 13,309,506.451 0 400,206.364 13,709,712.815
George Loft 13,274,074.688 0 435,638.127 13,709,712.815
Bridget A. Macaskill 13,291,667.512 0 418,045.303 13,709,712.815
--------------------------------------------------------------------------------------------------
Proposal No. 1 13,019,379.809 286,939.969 403,393.037 13,709,712.815
Proposal No. 2 13,007,836.762 297,933.834 403,872.219 13,709,642.815
Proposal No. 3
Class A 11,121,522.129 251,942.081 383,690.217 11,757,154.427
Class B 1,502,242.119 27,291.141 40,341.651 1,569,874.911
Class C 360,529.420 11,933.063 10,220.994 382,683.477
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<INVESTMENTS-AT-VALUE> 427,613,834
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<SHARES-COMMON-STOCK> 21,715,344
<SHARES-COMMON-PRIOR> 19,476,461
<ACCUMULATED-NII-CURRENT> 963,608
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 19,487,676
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 107,460,821
<NET-ASSETS> 341,193,162
<DIVIDEND-INCOME> 2,505,133
<INTEREST-INCOME> 1,819,533
<OTHER-INCOME> 0
<EXPENSES-NET> 3,262,685
<NET-INVESTMENT-INCOME> 1,061,981
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<NUMBER-OF-SHARES-SOLD> 2,851,111
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<GROSS-ADVISORY-FEES> 1,841,900
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<GROSS-EXPENSE> 3,262,685
<AVERAGE-NET-ASSETS> 311,376,000
<PER-SHARE-NAV-BEGIN> 14.51
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<EXPENSE-RATIO> 1.66
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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<CIK> 312555
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<PAID-IN-CAPITAL-COMMON> 298,627,276
<SHARES-COMMON-STOCK> 4,334,894
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<ACCUMULATED-NII-CURRENT> 963,608
<OVERDISTRIBUTION-NII> 0
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<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 107,460,821
<NET-ASSETS> 67,401,052
<DIVIDEND-INCOME> 2,505,133
<INTEREST-INCOME> 1,819,533
<OTHER-INCOME> 0
<EXPENSES-NET> 3,262,685
<NET-INVESTMENT-INCOME> 1,061,981
<REALIZED-GAINS-CURRENT> 19,619,815
<APPREC-INCREASE-CURRENT> 35,286,264
<NET-CHANGE-FROM-OPS> 55,968,060
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 187,744
<DISTRIBUTIONS-OF-GAINS> 2,779,165
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,719,097
<NUMBER-OF-SHARES-REDEEMED> 263,652
<SHARES-REINVESTED> 196,598
<NET-CHANGE-IN-ASSETS> 95,227,478
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