NEWS & UPDATES

• Ameriprise Financial To Acquire J. & W. Seligman & Co.  

• Morningstar cites Seligman Communications and Information Fund as a "...top-notch technology fund."  

• Seligman Investment Grade Update  

• Seligman Select Municipal Fund An Update on Auction Rate Securities  

• Seligman Global Real Estate Market Outlook June 2008 Conference Call Transcript  

• Seligman Fixed-Income Funds: No Direct Exposure to CDO's, CBO's, CLO's or SIV's  

• Monthly Seligman Tech Bulletin  

• Seligman Extends TargetHorizon ETF Portfolios  

• Message to Shareholders  

This information is authorized for use only in the case of concurrent or prior delivery of the offering prospectus of the Fund. You should consider the investment objectives, risks, charges, and expenses of a Fund carefully before investing. A prospectus containing information about a Fund (including its investment objectives, risks, charges, expenses, and other information about the Fund) may be obtained here. The prospectus should be read carefully before investing in a Fund.

The Seligman Funds are managed by J. & W. Seligman & Co. Incorporated (Seligman). The Seligman Mutual Funds are distributed by Seligman Advisors, Inc. Seligman Services, Inc. provides client services to Fund shareholders. Seligman Advisors, Inc. and Seligman Services, Inc. are wholly-owned subsidiaries of Seligman.

Distributed by Seligman Advisors, Inc.