1933 Act Registration No. 33-12
1940 Act File No. 811-4401
Rule 497(e)
PRINCIPAL PRESERVATION PORTFOLIOS, INC.
WISCONSIN TAX-EXEMPT PORTFOLIO
SUPPLEMENT DATED DECEMBER 11, 2000
TO PROSPECTUS DATED MAY 1, 2000
PURCHASES WITHOUT A FRONT-END SALES CHARGE FOR TRANSFER FROM UNRELATED FUNDS
Until February 28, 2001, you may purchase shares of the Wisconsin Tax-
Exempt Portfolio at net asset value (that is, without a front-end sales charge)
if you pay for the shares with the proceeds from the redemption of shares of
another mutual fund, but only if the other fund is not a part of Principal
Preservation Portfolios, Inc. You qualify for this net asset value purchase
privilege whether or not you paid a sales charge on the shares you redeemed in
the unrelated fund. However, you must have redeemed those unrelated fund shares
no more than 90 days prior to your purchase of shares of the Portfolio. B.C.
Ziegler and Company (the "Distributor") may make a payment or payments out of
its own funds to Selected Dealers who effect such exchanges in an amount not to
exceed 1.00% of the amount you invest. The Distributor may condition all or a
part of such payment upon the amount you invest remaining invested with
Principal Preservation for a minimum period of time.
