Supplement, dated May 25, 1995, to the Prospectuses, dated February 1,
1995, of Seligman Frontier Fund, Inc., Seligman New Jersey Tax-Exempt Fund,
Inc., Seligman Pennsylvania Tax-Exempt Fund Series, Seligman Tax-Exempt Fund
Series, Inc. and Seligman Tax-Exempt Fund Series Trust (collectively, the
"Funds")
The following are recent changes (which have been highlighted) with
respect to the purchase of Fund shares and certain Account Services:
o The minimum amount for initial investment in each Fund is $1,000 (except
for an account being established pursuant to the Invest-A-Check Service).
Subsequent investment minimums have been increased to $100.
o The minimum investment amount for the Invest-A-Check Service, which enables
a shareholder to authorize checks to be drawn on a regular checking
account, has been changed to fixed amounts of $100 or more at regular
monthly intervals, or fixed amounts of $250 or more at regular quarterly
intervals to purchase Class A shares.
o The Automatic Dollar-Cost-Averaging Service permits a shareholder of
Seligman Cash Management Fund to exchange a specified amount, at regular
monthly intervals in fixed amounts of $100 or more, or regular quarterly
intervals in fixed amounts of $250 or more, into Class A shares of any
other Seligman Mutual Fund registered in the same name. The shareholder's
account must have a dollar value of $5,000 at the initiation of the
service. Exchanges will be made at the public offering price.
o The seven-day holding period with respect to the Exchange Privilege and
Reinstatement Privilege has been eliminated.
o Directed Dividends allows a shareholder to pay dividends to another person
or to direct the payment of such dividends to another mutual fund in the
Seligman Group for purchase at net asset value.
EQTES-5/95
