HARTGRO2
[Keystone Letterhead]
Dear Shareholder:
We are writing again to you, a shareholder of Keystone Hartwell Growth Fund, to
ask for your support for an important proposal affecting your investment.
The Board of Trustees of your Fund has unanimously endorsed this proposal that
the Fund be acquired by, and effectively merged with, Keystone Omega Fund. The
trustees have made this recommendation after careful deliberation and
consideration.
Keystone Hartwell Growth Fund, despite a successful performance record of
investing in growth stocks, has not grown in size sufficiently to achieve the
economies of scale necessary for successful funds. Currently, it has about $21
million in assets. Keystone Omega Fund, which also has a successful long-term
performance record, is a substantially larger fund which we believe has the
opportunity to achieve greater operational efficiencies. Currently, the Keystone
Omega Fund has $220 million in assets.
The two funds have substantially the same objective: to seek long-term growth of
capital through investments in the stocks of growing companies.
If you have not already responded to our earlier solicitation, we urge you to
vote now by filling out the enclosed proxy card and returning it in the
postage-paid envelope.
It is very important that you vote, no matter how large or small your
investment. This is an opportunity to voice your opinion on a matter that
affects your fund. Voting promptly also helps to reduce the cost of additional
mailings.
We encourage you to exercise your rights as a shareholder and vote promptly.
Sincerely,
/s/Albert H. Elfner, III /s/George S. Bissell
Albert H. Elfner, III George S. Bissell
Chairman Chairman of the Board
Keystone Investments, Inc. Keystone Funds
