RAINIER INVESTMENT MANAGEMENT MUTUAL FUNDS
Supplement dated September 1, 2000
to the Statement of Additional Information
Dated July 31, 2000
THE FOLLOWING SUPPLEMENTS THE SECTION "MANAGEMENT" ON PAGE B-8 OF THE STATEMENT
OF ADDITIONAL INFORMATION DATED JULY 31, 2000:
Position(s) Held Principal Occupation(s)
Name and Address with Trust During Past Five Years
---------------- ---------- ----------------------
John W. Ferris, 12/12/40 Trustee International securities and
Peterson Sullivan P.L.L.C. income tax advisor; former
2330 Two Union Square partner (until December 31,
Seattle, WA 98101 1998) of Peterson Sullivan
P.L.L.C., Certified Public
Accountants
