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<PAGE> PAGE 1 Statement of Additional Information Supplement - Feb. 23, 1995* IDS Special Tax-Exempt Series Trust IDS California Tax-Exempt Fund The fund's investment policies are modified to add the following: For purposes of complying with Ohio law, the fund will not invest more than 15% of its assets in illiquid securities aand 144A securities. S-6333 A (2/95) *Destroy - March 20, 1995.
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