OPPENHEIMER INTERMEDIATE MUNICIPAL FUND
Supplement dated March 3, 1999 to the
Prospectus dated January 29, 1999
The Prospectus is changed as follows:
1. The last sentence of the paragraph entitled "Inverse Floaters Have Special
Risks" on page 11 is changed as follows:
The Fund will not invest more than 20% of its total assets in inverse
floaters.
2. The third sentence of the paragraph entitled "Illiquid and Restricted
Securities" on page 12 is changed as follows:
The Fund will not invest more than 15% of its net assets in illiquid
securities.
March 3, 1999 PS0860.010
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OPPENHEIMER INSURED MUNICIPAL FUND
Supplement dated March 3, 1999 to the
Prospectus dated January 29, 1999
The Prospectus is changed as follows:
1. The last sentence of the paragraph entitled "Inverse Floaters Have Special
Risks" on page 11 is changed as follows:
The Fund will not invest more than 20% of its total assets in inverse
floaters.
2. The fourth sentence of the paragraph entitled "Illiquid and Restricted
Securities" on page 12 is changed as follows:
The Fund will not invest more than 15% of its net assets in illiquid
securities.
March 3, 1999 PS0865.009
