December 10, 1999
ELECTRONIC SUBMISSION - VIA EDGAR
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Supplement to ESC Strategic Funds, Inc.
Registration Nos. 33-72190 and 811-8166
Ladies and Gentlemen:
Transmitted herewith for filing by electronic submission on behalf of the ESC
Strategic Funds, Inc. pursuant to Rule 497(e) under the Securities Act of 1933
and Regulation ST, is a Supplement dated December 10, 1999 to the Prospectus
dated July 30, 1999 relating to the potential reorganization of the ESC
Strategic Funds, Inc. into the STI Classic Funds, Inc.
Very truly yours,
/s/ Paige C. Hodgin
Paige C. Hodgin
Secretary of the ESC Strategic Funds, Inc.
cc: Joe Fleming, Esq.
<PAGE>
ESC Strategic Funds, Inc.
Supplement to Prospectus
Dated July 30, 1999
On December 9, 1999 the Board of Directors of the ESC Strategic Funds,
Inc. approved the reorganization of the five series of the ESC Strategic Funds,
Inc. into various series of the STI Classic Funds, subject to shareholder
approval. Pursuant to the reorganization, STI Small Cap Growth Stock Fund would
acquire the assets and liabilities of ESC Strategic Small Cap Fund and ESC
Strategic Small Cap II Fund, STI International Equity Fund would acquire the
assets and liabilities of ESC Strategic International Equity Fund and STI Growth
and Income Fund would acquire the assets and liabilities of ESC Strategic
Appreciation Fund. The assets and liabilities of ESC Strategic Income Fund would
be transferred into a newly created series of the STI Classic Funds. Upon
completion of the reorganization, shares of each applicable STI Classic Fund
would be distributed to the shareholders of the corresponding ESC Strategic
Fund.
A Proxy Statement/Prospectus relating to the reorganization is expected
to be mailed to ESC Strategic Funds shareholders in January 2000. Shareholders
of each ESC Strategic Fund will be asked to consider the reorganization
transaction for that Fund at a Special Meeting of Shareholders, which is
expected to be held in March 2000.
December 10, 1999
