OPPENHEIMER NEW YORK TAX-EXEMPT FUND
Supplement Dated October 10, 1996
to the Prospectus dated February 1, 1996
The Prospectus is amended as follows:
Effective October 10, 1996, the name of the Fund has been changed to
"Oppenheimer New York Municipal Fund" and all references to the name
of the Fund on the front cover page and throughout the Prospectus are
changed to reflect the new name.
October 10, 1996 PS0360.005
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OPPENHEIMER NEW YORK TAX-EXEMPT FUND
Supplement dated October 10, 1996 to the
Statement of Additional Information dated February 1, 1996
The Statement of Additional Information is amended as follows:
Effective October 10, 1996, the name of the Fund has been changed to
"Oppenheimer New York Municipal Fund" and all references to the name
of the Fund on the front cover page and throughout the Statement of
Additional Information are changed to reflect the new name.
October 10, 1996 PX0360.002