SAFECO TAX EXEMPT BOND TRUST
N-30D/A, 1997-09-05
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Washington Municipal Bond Fund Shareholders:

The total return of the SAFECO Washington State Municipal Bond Fund (Class B)
for the six-month period ended June 30, 1997, was 2.04%.  The total return shown
on page 133 of the June 30, 1997, Semiannual Report is incorrect.  If you have
any questions about this, please call Shareholder Services at 1-800-463-8791.


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