COLONIAL TRUST II /
DEFS14A, 1998-11-06
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                        Newport Japan Opportunities Fund
                             Newport Tiger Cub Fund
                           Newport Greater China Fund
                              One Financial Center
                           Boston Massachusetts 02111

                                                                November 4, 1998

                  
IMPORTANT INFORMATION
REGARDING YOUR FUND
                                       

Dear Shareholder:

We are  writing to inform you that the  Special  Meetings  of  Shareholders  for
Newport Japan  Opportunities  Fund,  Newport Tiger Cub Fund and Newport  Greater
China Fund were held on October 30, 1998.  Because these funds did not receive a
sufficient  number  of votes  to  approve  or  disapprove  certain  items at the
meetings, the meetings have been adjourned to Friday,  November 13, 1998. We can
not stress enough the importance of voting your proxy  regarding the shareholder
proposals. It is very important that we hear from you regarding these proposals.
In order to have your shares  represented at the meetings,  we must receive your
vote by Friday, November 13, 1998.

Please  take a few  moments  of your  time  and  vote  your  shares  by  calling
Shareholder  Communications at 1-800-733-8481 Ext. 400.  Representatives will be
available  to take your vote  between  the  hours of 9:00  a.m.  and 11:00  p.m.
eastern   time.   You  may  also   vote  your   shares   on  line  by   visiting
www.libertyfunds.com and click on "Proxy Voting". When ready to vote your shares
click the BLUE "Vote My Proxy" button.

If you have any questions  regarding the meeting agenda please call  Shareholder
Communications at the above mentioned number. You may also find additional proxy
information at www.libertyfunds.com.

We  appreciate  your time and  effort  regarding  these  matters  and value your
business.



                          Colonial Small Cap Value Fund
                              One Financial Center
                           Boston Massachusetts 02111

                                                                November 4, 1998


                  
IMPORTANT INFORMATION
REGARDING YOUR FUND
                                       

Dear Shareholder:

We are writing to inform you that the Special Meeting of Shareholders  for Small
Cap Value Fund was held on October 30, 1998.  Because the fund did not receive a
sufficient number of votes to approve or disapprove  certain of the items at the
meeting, the meeting has been adjourned to Friday, November 13, 1998. We can not
stress  enough the  importance of voting your proxy  regarding  the  shareholder
proposals. It is very important that we hear from you regarding these proposals.
In order to have your shares  represented  at the meeting,  we must receive your
vote by Friday, November 13, 1998.

Please  take a few  moments  of your  time  and  vote  your  shares  by  calling
Shareholder  Communications at 1-800-733-8481 Ext. 400.  Representatives will be
available  to take your vote  between  the  hours of 9:00  a.m.  and 11:00  p.m.
eastern   time.   You  may  also   vote  your   shares   on  line  by   visiting
www.libertyfunds.com and click on "Proxy Voting". When ready to vote your shares
click the blue "Vote My Proxy" button.

If you have any questions  regarding the meeting agenda please call  Shareholder
Communications at the above mentioned number. You may also find additional proxy
information at www.libertyfunds.com.

We  appreciate  your time and  effort  regarding  these  matters  and value your
business.




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