OPPENHEIMER GOLD & SPECIAL MINERALS FUND
Supplement dated August 10, 2000 to the
Prospectus dated October 28, 1999
The Prospectus is changed as follows:
1. The first paragraph of the subsection entitled "Portfolio Managers" on
page 11 is revised in its entirety to read as follows:
|X| The portfolio manager of the Fund is Shanquan Li.
Mr. Li is the person principally responsible for the day-to-day
management of the Fund's portfolio. Mr. Li was previously a
co-portfolio manager of the Fund since the Fund's inception on
March 1, 1999. Mr. Li is a Vice President of the Fund and of
the Manager, and also serves as an officer and portfolio manager
for other Oppenheimer funds. Prior to joining the Manager in
July 1997, he was a senior quantitative analyst in the investment
policy group of Brown Brothers Harriman & Co., and a consultant
for Acadian Asset Management, Inc.
2. All references in the Prospectus to the "portfolio managers" are hereby
changed to read, "portfolio manager."
August 10 , 2000 PS0410
