Supplement, dated April 15, 1997, to the prospectus, dated February 1,
1997, of
Seligman Municipal Fund Series, Inc. ,
Seligman Municipal Series Trust,
Seligman New Jersey Municipal Fund, Inc.,
and
Seligman Pennsylvania Municipal Fund Series (the "Funds")
The following supplements the information set forth in the Funds'
prospectus under "Purchase of Shares--Special Programs".
The 1% CDSL normally imposed on redemptions of certain Class A shares
(i.e., those purchased during the preceding eighteen months at net asset value
pursuant to the sales load schedule provided under "Class A Shares--Initial
Sales Load") will be waived on shares that were purchased through Dean Witter
Reynolds, Inc. ("Dean Witter") by certain Chilean institutional investors (i.e.,
pension plans, insurance companies and mutual funds). Upon redemption of such
shares within an eighteen month period, Dean Witter will reimburse SFSI a pro
rata portion of the fee it received from SFSI at the time of sale of such
shares.
TE2S-4/97
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Supplement, dated April 15, 1997, to the prospectus, dated February 1,
1997, of
Seligman Municipal Fund Series, Inc.,
Seligman Municipal Series Trust,
Seligman New Jersey Municipal Fund, Inc.,
and
Seligman Pennsylvania Municipal Fund Series (the "Funds")
The following supplements the information set forth in the Funds'
prospectus under "Purchase of Shares--Contingent Deferred Sales Load".
For the period from the date Seligman Global Horizon Funds (the "Offshore
Fund") commences offering its shares, until May 31, 1997, SFSI will reimburse
any CDSL charged upon the redemption of Class D shares of any Fund by a non-U.S.
resident alien investor who uses the redemption proceeds to purchase Class A
shares of the Offshore Fund through Merrill Lynch, Pierce, Fenner & Smith
Incorporated, or any of its affiliates (collectively, "Merrill Lynch"). Merrill
Lynch will, in turn, reimburse SFSI for the amount of CDSL so reimbursed by it
over a period of four years.
TE1S-4/97