Seligman Communications And Information Fund (SLMCX) Celebrates 25-Year Anniversary

Participates in NASDAQ Stock Market Opening Bell Ceremony

NEW YORK, June 23, 2008 -- Chairman of the Board, J. & W. Seligman & Co. Incorporated, William C. Morris, and Paul H. Wick, Head of Seligman Technology Group and Lead Portfolio Manager of Seligman Communications and Information Fund, participated in the NASDAQ Stock Market Opening Bell today to celebrate the 25-Year Anniversary of the Fund.

Seligman Communications and Information Fund (SLMCX), which commenced operations on June 23, 1983, is one of the nation’s first technology mutual funds and one of the largest. Historically, it has invested primarily in companies traded on the NASDAQ. Paul Wick began managing the Fund in 1989 and has been at its helm for 19 of the Fund’s 25 years.

J. & W. Seligman & Co. Incorporated, a New York-based investment manager and advisor, was founded in 1864. In addition to providing management and advisory services to institutional clients, the firm and its affiliates provide individuals a broad array of investment options, including the US-based Seligman Group of Funds with more than 50 portfolios. Additionally, the firm manages Tri-Continental Corporation, which is traded on the New York Stock Exchange, and a range of offshore investments available exclusively for non-US investors. J. & W. Seligman & Co. Incorporated has an additional office in Palo Alto, California. Seligman Advisors, Inc. is the principal underwriter for the Seligman mutual funds. Seligman Services, Inc. provides client services to shareholders. Seligman Advisors, Inc. and Seligman Services, Inc. are members of FINRA and are each an affiliate of J. & W. Seligman & Co. Incorporated.

William C. Morris, Chairman of the Board, J. & W. Seligman and Co. Incorporated, Paul H. Wick, Head of Seligman Technology Group and Lead Portfolio Manager of Seligman Communications and Information Fund (left), Adena T. Friedman, Executive Vice President, The NASDAQ OMX Group, and members of Seligman at the NASDAQ Open Bell on June 23, 2008, in honor of the 25 Year Anniversary of Seligman Communications and Information Fund (SLMCX).

2008, The Nasdaq Stock Market, Inc. Reprinted with permission.

Past performance is no guarantee of future investment results. The products of technology companies may be subject to severe competition and rapid obsolescence, and technology stocks may be subject to greater price fluctuations, government regulation, and limited liquidity as compared to other investments. In addition, investments in one economic sector, such as technology, may result in greater price fluctuations than owning a portfolio of diversified investments. The stocks of smaller companies may be subject to above-average market price fluctuations. Please consult the Fund’s prospectus for additional information about risk,

There is no guarantee that the fund’s investment objectives will be met and you could lose money.

You should consider the investment objectives, risks, charges, and expenses of the Funds carefully before investing. A prospectus containing information about the Funds (including investment objectives, risks, charges, expenses, and other information about the Funds) may be obtained by contacting your financial advisor or Seligman Advisors, Inc. at 800-221-2783. The prospectus should be read carefully before investing in the Funds.