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THE RODNEY SQUARE FUND AND THE RODNEY SQUARE TAX-EXEMPT FUND Supplement dated January 1, 1999 to the Fund's Prospectus dated January 2, 1998, as revised January 26, 1998 Effective January 1, 1999, Provident Distributors, Inc. replaced Rodney Square Distributors, Inc. as the distributor of the Fund's shares. The address of Provident Distributors, Inc., which is not affiliated with Wilmington Trust Company or its affiliates, is Four Falls Corporate Center, West Conshohocken, Pennsylvania 19428.
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