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 OCTOBER 20, 2000
TO PROSPECTUS DATED MAY 1, 2000
Purchases Without a Front-End Sales Charge for Transfer From Unrelated Funds
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Until November 30, 2000, shares of the Wisconsin Tax-Exempt Portfolio may
be purchased at net asset value (that is, without a front-end sales charge) when
the shares are paid 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. These purchases may be made at net asset value under this
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 effecting such exchanges in an amount not to
exceed 0.50% of the amount invested. The Distributor may condition all or a
part of such payment upon the monies remaining invested with Principal
Preservation for a minimum period of time.
