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 had been a
co-portfolio manager of the Fund since July 1997. 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 PS0410.012rev