[LOGO] COLONIAL Mutual Funds
One Financial Center
Boston, Massachusetts 02111-2621
(617) 426-3750
August 4, 1997
VIA EDGAR
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Colonial Trust V (the "Trust")
Colonial California Tax-Exempt Fund
Colonial Connecticut Tax-Exempt Fund
Colonial Florida Tax-Exempt Fund
Colonial Massachusetts Tax-Exempt Fund
Colonial Michigan Tax-Exempt Fund
Colonial Minnesota Tax-Exempt Fund
Colonial New York Tax-Exempt Fund
Colonial North Carolina Tax-Exempt Fund
Colonial Ohio Tax-Exempt Fund (the "Funds")
File Nos. 811-5030 & 33-12109
Ladies and Gentlemen:
Pursuant to the requirements of Rule 497(j) under the Securities
Act of 1933, as amended, please accept this letter as
certification that the Prospectus and Statement of Additional
Information dated May 30,1997; Revised August 1, 1997 for the
Funds does not differ from that contained in Post-Effective
Amendment No. 22 (the "Amendment") to the Trust's Registration
Statement on Form N-1A. The Amendment was filed electronically
on July 30, 1997.
Very truly yours,
COLONIAL TRUST V
By:Ellen Harrington
Assistant Secretary
cc: P. Andersen
N. Antoun
B. Hartford
B. Leveille
J. Loder
B. Loring
M. Newman
D. Sullivan (2)
M. Telman
D. Young (2)
E. Edson