COMPARISON OF CHANGE IN VALUE OF $10,000 INVESTMENT IN
DREYFUS PREMIER STATE MUNICIPAL BOND FUND, CONNECTICUT SERIES
CLASS A SHARES AND THE LEHMAN BROTHERS MUNICIPAL BOND INDEX
EXHIBIT A:
DREYFUS
PREMIER
STATE
MUNICIPAL
BOND
LEHMAN FUND,
BROTHERS CONNECTICUT
PERIOD MUNICIPAL SERIES
BOND (CLASS A
INDEX * SHARES)
4/30/90 10,000 9,552
4/30/91 11,149 10,613
4/30/92 12,209 11,477
4/30/93 13,754 13,040
4/30/94 14,051 13,290
4/30/95 14,985 14,017
4/30/96 16,177 14,978
4/30/97 17,249 16,002
4/30/98 18,853 17,512
4/30/99 20,163 18,685
4/30/00 19,978 18,112
* Source: Lipper Analytical Services, Inc.
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COMPARISON OF CHANGE IN VALUE OF $10,000 INVESTMENT IN
DREYFUS PREMIER STATE MUNICIPAL BOND FUND, FLORIDA SERIES
CLASS A SHARES AND THE LEHMAN BROTHERS MUNICIPAL BOND INDEX
EXHIBIT A:
DREYFUS
PREMIER
STATE
MUNICIPAL
BOND
LEHMAN FUND
BROTHERS FLORIDA
PERIOD MUNICIPAL SERIES
BOND (CLASS A
INDEX * SHARES)
4/30/90 10,000 9,549
4/30/91 11,149 10,733
4/30/92 12,209 11,815
4/30/93 13,754 13,333
4/30/94 14,051 13,617
4/30/95 14,985 14,531
4/30/96 16,177 15,493
4/30/97 17,249 16,227
4/30/98 18,853 17,318
4/30/99 20,163 18,183
4/30/00 19,978 17,603
* Source: Lipper Analytical Services, Inc.
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COMPARISON OF CHANGE IN VALUE OF $10,000 INVESTMENT IN
DREYFUS PREMIER STATE MUNICIPAL BOND FUND, GEORGIA SERIES
CLASS A SHARES AND THE LEHMAN BROTHERS MUNICIPAL BOND
INDEX
EXHIBIT A:
DREYFUS
PREMIER
STATE
MUNICIPAL
BOND
LEHMAN FUND,
BROTHERS GEORGIA
PERIOD MUNICIPAL SERIES
BOND (CLASS A
INDEX * SHARES)
9/3/92 10,000 9,549
4/30/93 10,736 10,548
4/30/94 10,968 10,650
4/30/95 11,698 11,382
4/30/96 12,627 12,195
4/30/97 13,465 12,946
4/30/98 14,717 13,951
4/30/99 15,739 14,752
4/30/00 15,595 14,345
* Source: Lipper Analytical Services, Inc.
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COMPARISON OF CHANGE IN VALUE OF $10,000 INVESTMENT IN
DREYFUS PREMIER STATE MUNICIPAL BOND FUND, MARYLAND SERIES
CLASS A SHARES AND THE LEHMAN BROTHERS MUNICIPAL BOND INDEX
EXHIBIT A:
DREYFUS
PREMIER
STATE
MUNICIPAL
BOND
LEHMAN FUND,
BROTHERS MARYLAND
PERIOD MUNICIPAL SERIES
BOND (CLASS A
INDEX * SHARES)
4/30/90 10,000 9,548
4/30/91 11,149 10,716
4/30/92 12,209 11,754
4/30/93 13,754 13,156
4/30/94 14,051 13,332
4/30/95 14,985 14,201
4/30/96 16,177 15,229
4/30/97 17,249 16,280
4/30/98 18,853 17,810
4/30/99 20,163 18,836
4/30/00 19,978 18,157
* Source: Lipper Analytical Services, Inc.
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COMPARISON OF CHANGE IN VALUE OF $10,000 INVESTMENT IN DREYFUS
PREMIER STATE MUNICIPAL BOND FUND, MASSACHUSETTS SERIES CLASS
A SHARES AND THE LEHMAN BROTHERS MUNICIPAL BOND INDEX
EXHIBIT A:
DREYFUS
PREMIER
STATE
MUNICIPAL
BOND
LEHMAN FUND,
BROTHERS MASSACHUSETTS
PERIOD MUNICIPAL SERIES
BOND (CLASS A
INDEX * SHARES)
4/30/90 10,000 9,553
4/30/91 11,149 10,626
4/30/92 12,209 11,722
4/30/93 13,754 13,263
4/30/94 14,051 13,538
4/30/95 14,985 14,313
4/30/96 16,177 15,127
4/30/97 17,249 16,198
4/30/98 18,853 17,663
4/30/99 20,163 18,737
4/30/00 19,978 18,096
* Source: Lipper Analytical Services, Inc.
--------------------------------------------------------------------------------
COMPARISON OF CHANGE IN VALUE OF $10,000 INVESTMENT IN
DREYFUS PREMIER STATE MUNICIPAL BOND FUND, MICHIGAN SERIES
CLASS A SHARES AND THE LEHMAN BROTHERS MUNICIPAL BOND
INDEX
EXHIBIT A:
DREYFUS
PREMIER
STATE
MUNICIPAL
BOND
LEHMAN FUND,
BROTHERS MICHIGAN
MUNICIPAL SERIES
PERIOD BOND (CLASS A
INDEX * SHARES)
4/30/90 10,000 9,550
4/30/91 11,149 10,659
4/30/92 12,209 11,737
4/30/93 13,754 13,291
4/30/94 14,051 13,776
4/30/95 14,985 14,692
4/30/96 16,177 15,693
4/30/97 17,249 16,773
4/30/98 18,853 18,207
4/30/99 20,163 19,280
4/30/00 19,978 18,787
* Source: Lipper Analytical Services, Inc.
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COMPARISON OF CHANGE IN VALUE OF $10,000 INVESTMENT IN
DREYFUS PREMIER STATE MUNICIPAL BOND FUND, MINNESOTA
SERIES CLASS A SHARES AND THE LEHMAN BROTHERS MUNICIPAL
BOND INDEX
EXHIBIT A:
DREYFUS
PREMIER
STATE
MUNICIPAL
BOND
LEHMAN FUND,
BROTHERS MINNESOTA
PERIOD MUNICIPAL SERIES
BOND (CLASS A
INDEX * SHARES)
4/30/90 10,000 9,548
4/30/91 11,149 10,684
4/30/92 12,209 11,693
4/30/93 13,754 13,092
4/30/94 14,051 13,364
4/30/95 14,985 14,319
4/30/96 16,177 15,194
4/30/97 17,249 16,129
4/30/98 18,853 17,316
4/30/99 20,163 18,253
4/30/00 19,978 17,801
* Source: Lipper Analytical Services, Inc.
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COMPARISON OF CHANGE IN VALUE OF $10,000 INVESTMENT IN
DREYFUS PREMIER STATE MUNICIPAL BOND FUND, NEW JERSEY
SERIES CLASS A SHARES AND CLASS B SHARES AND THE LEHMAN
BROTHERS MUNICIPAL BOND INDEX
EXHIBIT A:
DREYFUS DREYFUS
PREMIER PREMIER
STATE STATE
MUNICIPAL MUNICIPAL
BOND BOND
FUND, FUND,
LEHMAN NEW NEW
BROTHERS JERSEY JERSEY
PERIOD MUNICIPAL SERIES SERIES
BOND (CLASS A (CLASS B
INDEX * SHARES) SHARES)
5/4/94 10,000 9,549 10,000
4/30/95 10,665 10,142 10,569
4/30/96 11,513 10,706 11,101
4/30/97 12,276 11,333 11,694
4/30/98 13,418 12,407 12,728
4/30/99 14,350 13,092 13,375
4/30/00 14,219 12,442 12,552
* Source: Lipper Analytical Services, Inc.
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COMPARISON OF CHANGE IN VALUE OF $10,000 INVESTMENT IN DREYFUS
PREMIER STATE MUNICIPAL BOND FUND, NORTH CAROLINA SERIES
CLASS A SHARES AND THE LEHMAN BROTHERS MUNICIPAL BOND INDEX
EXHIBIT A:
DREYFUS
PREMIER
STATE
MUNICIPAL
BOND
FUND,
LEHMAN NORTH
BROTHERS CAROLINA
MUNICIPAL SERIES
PERIOD BOND (CLASS A
INDEX * SHARES)
8/1/91 10,000 9,547
4/30/92 10,734 10,360
4/30/93 12,092 11,911
4/30/94 12,353 11,945
4/30/95 13,175 12,626
4/30/96 14,222 13,483
4/30/97 15,166 14,536
4/30/98 16,576 16,047
4/30/99 17,727 16,950
4/30/00 17,565 16,378
* Source: Lipper Analytical Services, Inc.
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COMPARISON OF CHANGE IN VALUE OF $10,000 INVESTMENT IN
DREYFUS PREMIER STATE MUNICIPAL BOND FUND, OHIO SERIES
CLASS A SHARES AND THE LEHMAN BROTHERS MUNICIPAL
BOND INDEX
EXHIBIT A:
DREYFUS
PREMIER
STATE
MUNICIPAL
BOND
LEHMAN FUND,
BROTHERS OHIO
PERIOD MUNICIPAL SERIES
BOND (CLASS A
INDEX * SHARES)
4/30/90 10,000 9,553
4/30/91 11,149 10,684
4/30/92 12,209 11,750
4/30/93 13,754 13,305
4/30/94 14,051 13,675
4/30/95 14,985 14,444
4/30/96 16,177 15,421
4/30/97 17,249 16,487
4/30/98 18,853 17,821
4/30/99 20,163 18,840
4/30/00 19,978 18,448
* Source: Lipper Analytical Services, Inc.
--------------------------------------------------------------------------------
COMPARISON OF CHANGE IN VALUE OF $10,000 INVESTMENT IN
DREYFUS PREMIER STATE MUNICIPAL BOND FUND, PENNSYLVANIA
SERIES CLASS A SHARES AND THE LEHMAN BROTHERS MUNICIPAL BOND
INDEX
EXHIBIT A:
DREYFUS
PREMIER
STATE
MUNICIPAL
BOND
LEHMAN FUND,
BROTHERS PENNSYLVANIA
PERIOD MUNICIPAL SERIES
BOND (CLASS A
INDEX * SHARES)
4/30/90 10,000 9,551
4/30/91 11,149 10,673
4/30/92 12,209 11,843
4/30/93 13,754 13,405
4/30/94 14,051 13,696
4/30/95 14,985 14,606
4/30/96 16,177 15,696
4/30/97 17,249 16,778
4/30/98 18,853 18,426
4/30/99 20,163 19,527
4/30/00 19,978 18,894
* Source: Lipper Analytical Services, Inc.
--------------------------------------------------------------------------------
COMPARISON OF CHANGE IN VALUE OF $10,000 INVESTMENT IN
DREYFUS PREMIER STATE MUNICIPAL BOND FUND, TEXAS SERIES
CLASS A SHARES AND THE LEHMAN BROTHERS MUNICIPAL BOND
INDEX
EXHIBIT A:
DREYFUS
PREMIER
STATE
MUNICIPAL
BOND
LEHMAN FUND,
BROTHERS TEXAS
PERIOD MUNICIPAL SERIES
BOND (CLASS A
INDEX * SHARES)
4/30/90 10,000 9,548
4/30/91 11,149 10,649
4/30/92 12,209 11,817
4/30/93 13,754 13,447
4/30/94 14,051 13,800
4/30/95 14,985 14,853
4/30/96 16,177 16,050
4/30/97 17,249 17,293
4/30/98 18,853 19,029
4/30/99 20,163 20,105
4/30/00 19,978 19,379
* Source: Lipper Analytical Services, Inc.
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COMPARISON OF CHANGE IN VALUE OF $10,000 INVESTMENT IN
DREYFUS PREMIER STATE MUNICIPAL BOND FUND, VIRGINIA SERIES
CLASS A SHARES AND THE LEHMAN BROTHERS MUNICIPAL BOND
INDEX
EXHIBIT A:
DREYFUS
PREMIER
STATE
MUNICIPAL
BOND
LEHMAN FUND,
BROTHERS VIRGINIA
MUNICIPAL SERIES
PERIOD BOND (CLASS A
INDEX * SHARES)
8/1/91 10,000 9,548
4/30/92 10,734 10,375
4/30/93 12,092 11,965
4/30/94 12,353 12,097
4/30/95 13,175 12,869
4/30/96 14,222 13,810
4/30/97 15,166 14,918
4/30/98 16,576 16,417
4/30/99 17,727 17,398
4/30/00 17,565 16,763
* Source: Lipper Analytical Services, Inc.
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