<PAGE>
LAW OFFICES
DRINKER BIDDLE & REATH LLP
PHILADELPHIA NATIONAL BANK BUILDING
1345 CHESTNUT STREET
PHILADELPHIA, PA 19107-3496
TELEPHONE: (215) 988-2700
FAX: (215) 988-2757
August 3, 1998
VIA EDGAR TRANSMISSION
- ----------------------
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, NW
Washington, DC 20549
Re: Excelsior Funds, Inc.
File Nos. 2-92665/811-4088
--------------------------
Ladies and Gentlemen:
On behalf of Excelsior Funds, Inc. (the "Company") and pursuant to
Rule 497(j) under the Securities Act of 1933, as amended (the "1933 Act"), I
hereby certify that the:
a) Prospectus for the Blended Equity, Income and Growth, Value and
Restructuring, Small Cap and Large Cap Growth Funds dated August 1,
1998;
b) Prospectus for the Energy and Natural Resources and Real Estate Funds
dated August 1, 1998;
c) Prospectus for the International, Latin America, Pacific/Asia, Pan
European and Emerging Markets Funds dated August 1, 1998;
d) Prospectus for the Short-Term Government Securities, Intermediate-Term
Managed Income and Managed Income Funds dated August 1, 1998;
e) Prospectus for the Money, Government Money and Treasury Money Funds
dated August 1, 1998;
f) Statement of Additional Information for the Blended Equity, Income and
Growth, Value and Restructuring, Small Cap and Large Cap Growth Funds
dated August 1, 1998;
<PAGE>
g) Statement of Additional Information for the Energy and Natural Resources
Fund dated August 1, 1998;
h) Statement of Additional Information for the Real Estate Fund dated
August 1, 1998;
i) Statement of Additional Information for the International, Latin
America, Pacific/Asia, Pan European and Emerging Markets Funds dated
August 1, 1998;
j) Statement of Additional Information for the Short-Term Government
Securities, Intermediate-Term Managed Income and Managed Income Funds
dated August 1, 1998; and
k) Statement of Additional Information for the Money, Government Money and
Treasury Money Funds dated August 1, 1998
that would have been filed under paragraph (c) of Rule 497 under the 1933 Act
would not have differed from the Prospectuses and Statements of Additional
Information contained in the Company's most recent Post-Effective Amendment to
its Registration Statement on Form N-1A under the 1933 Act and the Investment
Company Act of 1940, as amended ("PEA #32"), which was filed on July 29, 1998;
and (ii) the text of PEA #32 has been filed electronically.
Questions and comments concerning this letter may be directed to the undersigned
at (215) 988-2787.
Very truly yours,
/s/ Cori Daggett
Cori Daggett
cc: Daniel A. Moonay, Esq.
