THE SPECIAL MEETING OF SHAREHOLDERS IN THE FOLLOWING FUNDS HAS BEEN ADJOURNED UNTIL FEBRUARY 18, 2003 AT 10:00 A.M. AT THE OFFICES OF COLUMBIA MANAGEMENT COMPANY 1300 SW SIXTH AVENUE, PORTLAND, OR 97201 5TH FLOOR BOARDROOM CMC SMALL CAP FUND CMC SHORT TERM BOND CMC FIXED INCOME SECURITIES CMC HIGH YIELD In order to be represented in the voting process, it is important that you return your ballot(s) as soon as possible. In the interest of meeting the deadline, we encourage you to fax your ballot to 503-973-6663. If you have any questions, please contact your Columbia Representative at 1-800-547-1037. Thank you.