COMPARISON OF CHANGE IN VALUE OF $10,000 INVESTMENT
IN DREYFUS MASSACHUSETTS INTERMEDIATE MUNICIPAL BOND FUND
AND THE LEHMAN BROTHERS 10-YEAR MUNICIPAL BOND INDEX
EXHIBIT A:
LEHMAN DREYFUS
BROTHERS MASSACHUSETTS
10-YEAR INTERMEDIATE
MUNICIPAL MUNICIPAL
PERIOD BOND BOND
INDEX * FUND
6/26/92 10,000 10,000
3/31/93 10,898 10,885
3/31/94 11,205 11,231
3/31/95 12,048 11,706
3/31/96 13,116 12,551
3/31/97 13,800 13,051
3/31/98 15,233 14,177
3/31/99 16,188 14,922
3/31/00 16,265 14,925
* Source: Lipper Analytical Services, Inc.