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Calamos(R) Family of Funds
Supplement dated June 28, 1999 to Prospectus dated August
1, 1998 and Statement of Additional Information dated August 10, 1998.
The information below supplements and replaces any contrary information
contained in the Prospectus and Statement of Additional Information.
Effective June 28, 1999 please send any additional investments you wish to make
by mail to:
First Data Investor Services Group, Inc.
211 South Gulph Road
P.O. Box 61767
King of Prussia, PA 19406
Effective June 28, 1999 additional investments made by bank wire should be sent
using the following instructions:
Boston Safe Deposit & Trust
ABA#: 011001234
Credit: (Insert Name of Your Fund)
Acct#: 010308
FBO: (Insert Shareholder name and account number)
Please note, when making an initial purchase by wire, you must first telephone
the transfer agent at (800) 823-7386 to receive an account number.
INVESTORS SHOULD RETAIN THIS
SUPPLEMENT WITH THE PROSPECTUS
FOR FUTURE REFERENCE