Kemper Tax-Free Income Funds
Kemper Intermediate Municipal Bond Fund
Kemper New York Tax-Free Income Fund
Kemper California Tax-Free Income Fund
Kemper Florida Tax-Free Income Fund
Kemper Ohio Tax-Free Income Fund
SUPPLEMENT TO PROSPECTUS
DATED JANUARY 1, 2000
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The following information replaces similar disclosure in the "Fund Managers"
section for each fund:
Kemper Intermediate Municipal Bond Fund
Philip G. Condon Ashton P. Goodfield
Co-Lead Portfolio Manager Co-Lead Portfolio Manager
o Began investment career in 1976 o Began investment career in 1986
o Joined advisor in 1983 o Joined advisor in 1986
o Joined fund team in 1999 o Joined fund team in 1998
Kemper New York Tax-Free Income Fund
Philip G. Condon Ashton P. Goodfield Eleanor R. Brennan
Co-Lead Co-Lead Portfolio Manager
Portfolio Manager Portfolio Manager o Began investment
o Began investment o Began investment career in 1986
career in 1976 career in 1986 o Joined advisor in
o Joined advisor in 1983 o Joined advisor in 1986 1995
o Joined fund team in o Joined fund team in o Joined fund team in
2000 1999 1999
Kemper Florida Tax-Free Income Fund
Philip G. Condon Eleanor R. Brennan Rebecca L. Wilson
Co-Lead Co-Lead Portfolio Manager
Portfolio Manager Portfolio Manager o Began investment
o Began investment o Began investment career in 1986
career in 1976 career in 1986 o Joined advisor in
o Joined advisor in 1983 o Joined advisor in 1995 1986
o Joined fund team in o Joined fund team in o Joined fund team in
2000 1998 1998
<PAGE>
Kemper California Tax-Free Income Fund
Philip G. Condon Eleanor R. Brennan Matthew J. Caggiano
Co-Lead Co-Lead Portfolio Manager
Portfolio Manager Portfolio Manager o Began investment
o Began investment o Began investment career in 1989
career in 1976 career in 1986 o Joined advisor in
o Joined advisor in 1983 o Joined advisor in 1995 1991
o Joined fund team in o Joined fund team in o Joined fund team in
2000 1999 1999
Kemper Ohio Tax-Free Income Fund
Philip G. Condon Eleanor R. Brennan Rebecca L. Wilson
Co-Lead Co-Lead Portfolio Manager
Portfolio Manager Portfolio Manager o Began investment
o Began investment o Began investment career in 1986
career in 1976 career in 1986 o Joined advisor in
o Joined advisor in 1983 o Joined advisor in 1995 1986
o Joined fund team in o Joined fund team in o Joined fund team in
2000 1999 1998
July 10, 2000
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