OPPENHEIMER PENNSYLVANIA MUNICIPAL FUND
Supplement dated January 1, 1999 to the
Prospectus dated November 27, 1998
The Prospectus is changed as follows:
1. The paragraph entitled "Portfolio Manager" on page 13 is deleted and
replaced by the following:
Portfolio Managers. Ronald H. Fielding and Anthony A. Tanner became
the portfolio managers of the Fund January 1, 1999. They are the persons
principally responsible for the day-to-day management of the Fund's
portfolio. Messrs. Fielding and Tanner are Vice Presidents of the Fund.
Mr. Fielding is a Senior Vice President of the Manager and also serves
as an officer and portfolio manager for other Oppenheimer funds. Mr.
Tanner is a Vice President of the Manager's Rochester Division.
Prior to joining the Manager in January 1996, Mr. Fielding was
Chairman and Director of Rochester Fund Distributors, Inc., a mutual
fund distributor, and President and a Director of Rochester Capital
Advisors, Inc. and Fielding Management Company, Inc., mutual fund
investment advisory firms acquired by the Manager in 1996. He was also
a portfolio manager for several mutual funds. Prior to joining the
Manager in January 1996, Mr. Tanner was Vice President of Research for
Rochester Capital Advisors, Inc. and Fielding Management Company, Inc.
January 1, 1999 PS0740.010
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OPPENHEIMER PENNSYLVANIA MUNICIPAL FUND
Supplement dated January 1, 1999 to the
Statement of Additional Information dated November 27, 1998
The Statement of Additional Information is changed as follows:
1. The biography of Robert E. Patterson on page 30 is deleted and replaced by
the following:
Ronald H. Fielding, Vice President and Portfolio Manager, Age: 49
350 Linden Oaks, Rochester, NY 14625
Senior Vice President of the Manager (since January 1996), Chairman of
Rochester Division of the Manager (since January 1996); Formerly
President and a director of Rochester Tax Managed Fund, Inc.
(1982-1995), President and a director of Fielding Management Company,
Inc. (1982-1995), Chairman and a director of Rochester Fund
Distributors, Inc. (1982-1995), President and a director of Rochester
Capital Advisors, Inc. (1993-1995), and of Rochester Fund Services, Inc.
(1986-1995), President and a trustee of Limited Term New York
Municipal Fund (1991-1995), Convertible Securities Fund (1986-1995), and
Rochester Fund Municipals (1986-1995).
Anthony A. Tanner, Vice President and Portfolio Manager, Age: 38
350 Linden Oaks, Rochester, NY 14625
Vice President of the Rochester Division of the Manager (since 1996);
formerly Vice President of Research or Rochester Capital Advisors, Inc.
and Fielding Management Company, Inc. (1994-1996).
January 1, 1999 PX0740.008