DELAWARE INVESTMENT ADVISERS
ONE COMMERCE SQUARE
PHILADELPHIA, PENNSYLVANIA 19103
(215) 255-2827
MARY ELLEN M. CARROZZA
VICE PRESIDENT, CLIENT SERVICES
Dear [SHAREHOLDER]:
You recently received your copy of the 1999 Annual Report for Delaware
Pooled Trust portfolios. We would like to make you aware of a printing
error that occurred in the High-Yield Bond Portfolio review on page 28
of the Annual Report.
For the growth-of-$10,000 line graph that compares the Portfolio with
the Salomon Smith Barney High-Yield Cash Pay Index, the lines were
inadvertently mislabeled. The black line, labeled in the report as the
index with an ending value of $11,756, in fact represents the
performance of the Delaware Pooled Trust High-Yield Bond Portfolio.
Similarly, the blue line (incorrectly labeled in the report as the
Delaware Pooled Trust High-Yield Bond Portfolio) actually represents the
performance of the Salomon Smith Barney High-Yield Cash Pay Index, with
an ending value of $11,700.
Please feel free to contact us should you have any questions on this
matter. We sincerely apologize for any confusion or inconvenience this
may have caused. Thank you for your understanding.
Best wishes for a happy and healthy new year and new millennium.
Sincerely,
/s/Mary Ellen M. Carrozza
