OPPENHEIMER WORLD BOND FUND
Supplement dated May 20, 1999 to the
Prospectus dated February 26, 1999
The Prospectus is changed as follows:
1. The paragraph entitled "Portfolio Manager" on page 15 is replaced in its
entirety with the following:
Effective May 20, 1999, the portfolio manager of the
Fund is Arthur P. Steinmetz. He is a Vice President
of the Fund and is the person principally responsible
for the day-to-day management of the Fund's
portfolio. Mr. Steinmetz is a Senior Vice President
of the Manager and also serves as an officer and
portfolio manager for other Oppenheimer funds.
May 20, 1999 PS0705.003
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OPPENHEIMER WORLD BOND FUND
Supplement dated May 20, 1999 to the
Statement of Additional Information dated February 26,1999, Revised May 1,
1999
The Statement of Additional Information is changed as follows:
1. The biography for Ashwin Vasan on page 36 is removed.
2. A new biography replaces the biography of Ashwin Vasan on page 36,
to read as follows:
Arthur P. Steinmetz, Portfolio Manager, Age 40 Two World Trade
Center, New York, New York 10048-0203 Senior Vice President of the
Manager (since March 1993); an officer of other Oppenheimer funds.
May 20, 1999 PX0705.004
