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American Century California Tax-Free and Municipal Funds (ACCTFMF), American Century Target Maturities Trust (ACTMT), American Century International Bond Funds (ACIBF), American Century Quantitative Equity Funds (ACQEF), American Century Investment Trust (ACIT) and American Century Government Income Trust (ACGIT) STATEMENT OF ADDITIONAL INFORMATION (SAI) SUPPLEMENT Supplement dated September 15, 2000 * Statement of Additional Information dated January 1, 2000 (ACCTFMF); February 1, 2000 (ACTMT); May 1, 2000 (ACIBF and ACQEF); July 1, 2000 (ACIT); and August 1, 2000 (ACGIT) The following replaces the officer chart under the heading "Officers" on page 23 for ACCTFMF; on page 12 for ACTMT; on page 20 for ACIBF; on page 21 for ACQEF and ACGIT; and on page 14 for ACIT. Name (Age) Positions Held Address with the Funds Principal Occupation(s) During Past Five Years ----------------------------------------------------------------------------------------------------------------- William M. Lyons (44) President President, ACC (June 1997 to present) 4500 Main St. Chief Operating Officer, ACC (June 1995 to present) Kansas City, MO 64111 General Counsel, ACC, ACIM, ACIS, ACSC and other ACC subsidiaries (June 1989 to June 1998) Executive Vice President, ACC, (January 1995 to June 1997) Also serves as: Executive Vice President and Chief Operating Officer, ACIM, ACIS, ACSC and other ACC subsidiaries, and Executive Vice President of other ACC subsidiaries ----------------------------------------------------------------------------------------------------------------- Robert T. Jackson (54) Executive Chief Administrative Officer and Chief Financial Officer, ACC 4500 Main St. Vice President (August 1997 to present) Kansas City, MO 64111 President, ACSC (January 1999 to present) Executive Vice President, ACC (May 1995 to present) Also serves as: Executive Vice President, ACIM, ACIS and other ACC subsidiaries, and Treasurer of ACC and other ACC subsidiaries ----------------------------------------------------------------------------------------------------------------- Maryanne Roepke, CPA (44) Senior Vice President, Senior Vice President and Assistant Treasurer, ACSC 4500 Main St. Treasurer and Chief Kansas City, MO 64111 Accounting Officer ----------------------------------------------------------------------------------------------------------------- David C. Tucker (42) Senior Senior Vice President, ACIM, ACIS, ACSC and other ACC 4500 Main St. Vice President subsidiaries (June 1998 to present) Kansas City, MO 64111 General Counsel, ACC, ACIM, ACIS, ACSC and other ACC subsidiaries (June 1998 to present) Consultant to mutual fund industry (May 1997 to April 1998) Vice President and General Counsel, Janus Companies (1990 to 1997) ----------------------------------------------------------------------------------------------------------------- Charles A. Etherington (42) Vice President Vice President (October 1996 to present) and 4500 Main St. Associate General Counsel (December 1998 to present), ACSC Kansas City, MO 64111 Counsel to ACSC (February 1994 to December 1998) ----------------------------------------------------------------------------------------------------------------- Charles C. S. Park (33) Vice President Vice President (February 2000 to present) and Assistant 1665 Charleston Road General Counsel (January 1998 to present), ACSC Mountain View, CA 04043 Counsel to ACSC (October 1995 to January 1998) Attorney, Howard & Howard Attorneys, P.C. (June 1992 to October 1995) ----------------------------------------------------------------------------------------------------------------- David H. Reinmiller (37) Vice President Vice President (February 2000 to present) and Assistant 4500 Main Street General Counsel (August 1996 to present), ACSC Kansas City, MO 64111 Counsel to ACSC (January 1994 to August 1996) ----------------------------------------------------------------------------------------------------------------- Paul Carrigan Jr. (51) Secretary Secretary, ACC (February 1998 to present) 4500 Main St. Director of Legal Operations, ACSC (February 1996 to present) Kansas City, MO 64111 Board Communications Manager (April 1994 to January 1996) ----------------------------------------------------------------------------------------------------------------- Jon Zindel (33) Tax Officer Vice President of Taxation, ACSC (1996 to present) 4500 Main Street Vice President, ACIM, ACIS and other ACC subsidiaries Kansas City, MO 64111 (April 1999 to present) President, American Century Employee Benefit Services, Inc. (January 2000 to present) Treasurer, American Century Ventures, Inc. (December 1999 to present) Tax Manager, Price Waterhouse LLP (1989 to 1996) SH-SPL-22055 0008
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