January 29, 1997
Tax-Free USA Fund
Tax-Free Insured Fund
Tax-Free Intermediate Fund
A Class/B Class/C Class
Supplement to Prospectus dated October 30, 1996
The following revises the portfolio manager information
under Management of the Funds in the Prospectus:
Patrick P. Coyne and Mitchell L. Conery, each a Vice
President/Senior Portfolio Manager of Delaware Group Tax-Free
Fund, Inc., have primary responsibility for making day-to-day
investment decisions for each Fund. Mr. Coyne has been manager
of Tax-Free USA Fund and Tax-Free Insured Fund since July 1, 1994
and manager of Tax-Free USA Intermediate Fund since its inception
in 1993. A graduate of Harvard University with an MBA from the
University of Pennsylvania s Wharton School, Mr. Coyne joined the
Delaware Group s fixed-income department in 1990. Prior to
joining the Delaware Group, he was a manager of Kidder, Peabody &
Co. Inc. s trading desk, and specialized in trading high grade
municipal bonds and municipal futures contracts. Mr. Coyne is a
member of the Municipal Bond Club of Philadelphia. Mr. Conery
joined the Delaware Group in January 1997 at which time he became
co-manager of the Tax-Free USA Fund, Tax-Free Insured Fund and
Tax-Free USA Intermediate Fund. Mr. Conery holds a bachelor s
degree from Boston University and an MBA in Finance from the
State University of New York at Albany. He has served as an
investment officer with Travelers Insurance and as a research
analyst with CS First Boston and MBIA Corporation.
In making investment decisions for the Funds, Mr. Coyne and
Mr. Conery regularly consult with Paul E. Suckow and other
members of Delaware's fixed-income department. Mr. Suckow is
Executive Vice President/Chief Investment Officer, Fixed Income
of Delaware Group Tax-Free Fund, Inc. He is a CFA charterholder
and a graduate of Bradley University with an MBA from Western
Illinois University. Mr. Suckow was a fixed-income portfolio
manager at the Delaware Group from 1981 to 1985. He returned to
the Delaware Group in 1993 after eight years with Oppenheimer
Management Corporation where he served as Executive Vice
President and Director of Fixed Income.
