OPPENHEIMER CAPITAL APPRECIATION FUND
497, EX-99, 2001-01-02
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                      OPPENHEIMER CAPITAL APPRECIATION FUND
                    Supplement dated December 26, 2000 to the
                       Prospectus dated December 26, 2000



      Class N shares of Oppenheimer Capital Appreciation Fund are not currently
being offered for sale.









December 26, 2000                                                 PS0320.010



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