Seligman Cash Management Fund Fact Sheet

Seligman Cash Management Fund

FUND MATERIALS

Past performance is no guarantee or indication of future results. The rate of return will vary and the principal value of an investment will fluctuate. Shares, if redeemed, may be worth more or less than their original cost. Performance does not reflect the effect of sales charges, fees, or taxes. If such charges were included, performance would be lower. Return figures reflect any change in price per share, and assume the reinvestment of dividends and capital gain distributions, if any.

During portions of 2003 and 2004, Seligman voluntarily reimbursed Fund expenses in order for the Fund’s shares to declare dividends equal to various minimum annual rates. Absent such reimbursements, the Fund's returns would have been reduced or negative. From February 16, 2005 through March 24, 2008, Seligman did not reimburse the Fund’s expenses, and as such, for the period there was no minimum annual dividend rate. Beginning March 25, 2008, Seligman, from time-to-time and at its discretion, reimbursed certain class-specific expenses of certain share classes to allow those classes to maintain a positive dividend. Absent such expense reimbursements, the dividend rates in respect of such share classes would have been negative. There is no guarantee that Seligman will continue reimbursing such expenses, and as such, Seligman may stop such expense reimbursements at any time. As a measure of current income, seven-day yield more closely reflects the Fund’s current earnings than total return.

IMPORTANT PERFORMANCE INFORMATION
Performance data quoted herein represents past performance. Past performance does not guarantee or indicate future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data quoted. Total returns of the Fund as of the most recent month-end will be made available at Current Fund Returns by the seventh business day following that month-end. The data provided above for the Class A shares does not reflect the effect of the 0.25% Administration, Shareholder Services and Distribution Plan Fee which was approved on November 23, 1992, payment of which may commence only if authorized by the Fund’s Board of Directors. During portions of 2003 and 2004, Seligman voluntarily reimbursed Fund expenses in order for the Fund’s shares to declare dividends equal to various minimum annual rates. Absent such reimbursements, the Fund's returns would have been reduced or negative. From February 16, 2005 through March 24, 2008, Seligman did not reimburse the Fund’s expenses, and as such, for the period there was no minimum annual dividend rate. Beginning March 25, 2008, Seligman, from time-to-time and at its discretion, reimbursed certain class-specific expenses of certain share classes to allow those classes to maintain a positive dividend. Absent such expense reimbursements, the dividend rates in respect of such share classes would have been negative. There is no guarantee that Seligman will continue reimbursing such expenses, and as such, Seligman may stop such expense reimbursements at any time. As a measure of current income, seven-day yield more closely reflects the Fund’s current earnings than total return.

Current yield represents annualized net income per share over the current offering price and/or net asset value for the seven-day period ended 6/30/08. Effective yield represents an annualization of current yield with dividends reinvested for the seven-day period ended 6/30/08. Yield and performance for Class B, C, and R will be lower than Class A based on higher expenses. Return information on Class B, C, and R shares are available here.

A WORD ABOUT RISK
Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

There is no guarantee that the Fund’s investment goals/objectives will be met, and you could lose money.

On July 7, 2008, Ameriprise Financial, Inc. (“Ameriprise”) announced an agreement to acquire J. & W. Seligman & Co. Incorporated (“Seligman”), the Fund’s manager, in a transaction that is likely to close in the fourth quarter of 2008. Consummation of Ameriprise’s acquisition of Seligman will result in a change of control of Seligman and an assignment and automatic termination of the Fund’s management agreement with Seligman. At a meeting on July 29, 2008, the Fund's Board approved new advisory and administration agreements between the Fund and subsidiaries of Ameriprise. The new advisory agreement will be presented to the shareholders of the Fund for their approval.

Seligman Cash Management Fund

FUND OBJECTIVE AND STRATEGY:

Seeks to preserve capital and to maximize liquidity and current income by investing in US dollar-denominated high-quality money market instruments.

PORTFOLIO MANAGEMENT

Portfolio Manager:
Francis L. Mustaro

Investment Team:
Seligman Investment Grade Team

FUND STATISTICS
As of June 30, 2008
Inception January 3,1977
Total Net Assets $212 million
Number of Holdings 24

COMPOSITION OF NET ASSETS
As of June 30, 2008

Time Deposits

49.8%

US Government Agency Securities

27.8

US Treasury

22.5

Other Assets Less Liabiliities

(0.1)

CALENDAR YEAR TOTAL RETURNS
As of June 30, 2008

Class A Without Sales Charges

Current Yield* (Class A) 1.17%

Effective Yield* (Class A) 1.17%

* For the seven-day period ended 6/30/08.

Annual Fund Operating Expenses
(Expenses that are deducted from Fund assets)

(As of percent of Net Assets)	Class A Shares	Class B Shares	Class C Shares	Class R Shares

Total Annual Operating Expenses	0.86%	1.86%	1.60%	1.11%

NOT FDIC INSURED. NOT BANK GUARANTEED. MAY LOSE VALUE

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.