OPPENHEIMER LIMITED-TERM GOVERNMENT FUND
Supplement dated May 15, 1995 to the
Prospectus dated February 1, 1995
The Prospectus is amended by adding the following text to the
paragraph immediately below the sales charge table in "Class A
Shares" on page 18 of the Prospectus:
In addition to paying dealers the regular commission
for sales of Class A shares stated in the sales charge
table in "Class A Shares," and the commission for sales
of Class B shares described in the third paragraph in
"Distribution and Service Plan for Class B Shares" on
page 22 of this Prospectus, the Distributor will pay
additional commission to participating brokers, dealers
or financial institutions that have a sales agreement
with the Distributor (these are referred to as
"participating firms") for shares of the Fund sold in
"qualifying transactions" from May 15, 1995, through
August 18, 1995 under the following conditions. The
Distributor will pay (1) 0.75% of the offering price of
Class A shares sold by a registered representative or
sales representative of a participating firm, and (2)
.50% of the offering price of Class B shares sold by a
registered representative or sales representative of a
participating firm.
"Qualifying transactions" are sales by a registered
representative or sales representative in the amount of
$150,000 or more (calculated at offering price) of Class
A and/or Class B shares (if offered) of any one or more
of the following OppenheimerFunds: the Fund, Oppenheimer
Global Fund, Oppenheimer Total Return Fund, Inc.,
Oppenheimer Champion High Yield Fund, Oppenheimer High
Yield Fund, Oppenheimer Growth Fund, Oppenheimer Main
Street Income & Growth Fund and Oppenheimer Strategic
Income Fund. "Qualifying transactions" do not include
sales of Class A shares (a) at net asset value without
sales charge, or (b) subject to a contingent deferred
sales charge, or (c) intended but not yet transacted
under a Letter of Intent. However, if Class A shares of
the Fund or any of the other OppenheimerFunds listed
above are purchased at net asset value without sales
charge from May 15, 1995, through August 18, 1995, with
the proceeds of shares redeemed within the prior 12
months from another mutual fund (other than a fund
managed by the Manager or one of its affiliates) on which
an initial sales charge or contingent deferred sales
charge was paid, the amount of that purchase will count
toward the $150,000 qualifying amount described above
(but not for the payment of additional commission).
May 15, 1995