SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF
1934
(AMENDMENT NO. __)
Filed by the Registrant [X]
Filed by a Party other than the Registrant [_]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[_] Soliciting Material Pursuant to Sections 240.14a-11(c) or 240.14a-12
PRAIRIE FUNDS
PRAIRIE INSTITUTIONAL FUNDS
PRAIRIE INTERMEDIATE BOND FUND
PRAIRIE MUNICIPAL BOND FUND, INC.
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(Name of Registrant as Specified In Its Charter)
PRAIRIE FUNDS
PRAIRIE INSTITUTIONAL FUNDS
PRAIRIE INTERMEDIATE BOND FUND
PRAIRIE MUNICIPAL BOND FUND, INC.
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(Name of Person(s) Filing Proxy Statement)
Payment of Filing Fee (Check the appropriate box):
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or Item 22(a)(2) of Schedule 14A.
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14a-6(i)(3).
[_] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and
0-11.
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pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing
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[_] Check box if any part of the fee is offset as provided by Exchange Act
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THE PRAIRIE FAMILY OF FUNDS
Prairie Funds
Prairie Institutional Funds
Prairie Intermediate Bond Fund
Prairie Municipal Bond Fund, Inc.
Dear Shareholder:
As you may be aware, First Chicago Corporation, ("FCC") has
agreed to merge with NBD Bancorp, Inc. ("NBD"). As required by
the Investment Company Act of 1940, as amended, consummation of
the merger of NBD and FCC will result in the automatic
termination of (i) the agreements under which the First Chicago
Investment Management Company ("FCIMCO") provides investment
advisory services to the Prairie Family of Funds and (ii) the
sub-investment advisory agreement pertaining to the
International Equity Fund of Prairie Funds. In anticipation of
the completion of the merger and to provide continuity in
investment advisory services to your Prairie Fund, we urge you
to review the enclosed proxy statement. In the proxy statement
you are asked to vote on the approval of a new Investment
Advisory Agreement between the Fund and FCIMCO. If you are a
shareholder of the International Equity Fund of Prairie Funds
you are also asked to vote on the approval of a new Sub-
Investment Advisory Agreement between FCIMCO and ANB Investment
Management and Trust Company.
Your Board has voted unanimously in favor of each proposal
and recommends that you vote "FOR" them as well. You will find
more information on the proposals in the enclosed proxy
statement.
What Do These Changes Mean to You?
Please be assured that no fee increase is proposed in the
agreements you are asked to approve. The existing and new
advisory agreements and sub-advisory agreements are identical,
except for their effective dates. In addition, FCIMCO will
continue to be responsible for making investment decisions for
your Fund.
Your Vote is Important!
We urge you to read the enclosed proxy statement and to
vote now by completing, signing and returning the enclosed proxy
ballot form(s) in the prepaid envelope. If you are a
shareholder of more than one Fund, you will receive a proxy card
for each of your Funds. Please vote and return each proxy card
you receive. Every vote counts! If you have any questions,
please call Shareholder Communications Corporation ("SCC") which
has been retained to assist in the solicitation of proxies at
800-733-8481 extension 483.
Sincerely,
George O. Martinez
Secretary
