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<PAGE> 1 VAN KAMPEN MERRITT TAX FREE MONEY FUND SUPPLEMENT DATED JULY 24, 1995, TO PROSPECTUS DATED AUGUST 24, 1994, AS PREVIOUSLY SUPPLEMENTED ON JULY 10, 1995, MAY 9, 1995 AND DECEMBER 20, 1994 On July 21, 1995, the shareholders of the Fund approved the reorganization into a Delaware business trust (or series thereof). It is anticipated that the reorganization of the Fund will be completed within the next sixty days.
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