497 1 cmgall_49740408.txt SUPPLEMENT COLUMBIA COMMON STOCK FUND, INC. COLUMBIA GROWTH FUND, INC. COLUMBIA INTERNATIONAL STOCK FUND, INC. COLUMBIA MID CAP GROWTH FUND, INC. COLUMBIA SMALL CAP GROWTH FUND, INC. COLUMBIA REAL ESTATE EQUITY FUND, INC. COLUMBIA TECHNOLOGY FUND, INC. COLUMBIA STRATEGIC INVESTOR FUND, INC. COLUMBIA BALANCED FUND, INC. COLUMBIA SHORT TERM BOND FUND, INC. COLUMBIA FIXED INCOME SECURITIES FUND, INC. COLUMBIA NATIONAL MUNICIPAL BOND FUND, INC. COLUMBIA OREGON MUNICIPAL BOND FUND, INC. COLUMBIA HIGH YIELD FUND, INC. COLUMBIA DAILY INCOME COMPANY Supplement to Statement of Additional Information dated January 1, 2004 The following sections describing Directors and Officers under Management are revised. The other sections within the directors and officers paragraphs remain the same with the exception that all references to Joseph R. Palombo therein and within the Management section of the statement of additional information have been omitted. Directors and Officers DISINTERESTED DIRECTORS:
NUMBER OF PORTFOLIOS TERM OF IN FUND OTHER POSITION(S) OFFICE AND PRINCIPAL COMPLEX DIRECTORSHIPS NAME, ADDRESS HELD WITH LENGTH OF OCCUPATION(S) OVERSEEN BY HELD BY AND AGE FUNDS TIME SERVED* DURING PAST 5 YEARS DIRECTOR** DIRECTOR --------------------- ---------- ------------- -------------------- ---------- ----------- Janet Langford Director Since Private Investor since 124 None Kelly(1) October 2003 March 2004 (formerly 9534 W. Gull Lake Drive Chief Administrative Richland, MI 49083-8530 Officer and Senior Vice (46 years old) President, Kmart Holding Corporation (consumer goods) from September 2003 to March 2004; Executive Vice President -- Corporate Development and Administration, General Counsel and Secretary, Kellogg Company (food manufacturer) from September 1999 to August 2003; NUMBER OF PORTFOLIOS TERM OF IN FUND OTHER POSITION(S) OFFICE AND PRINCIPAL COMPLEX DIRECTORSHIPS NAME, ADDRESS HELD WITH LENGTH OF OCCUPATION(S) OVERSEEN BY HELD BY AND AGE FUNDS TIME SERVED* DURING PAST 5 YEARS DIRECTOR** DIRECTOR --------------------- ---------- ------------- -------------------- ----------- ----------- Janet Langford Kelly Senior continued... Vice President, Secretary and General Counsel, Sara Lee Corporation (branded, packaged, consumer-products manufacturer) from January 1995 to September 1999).
OTHER PRINCIPAL OFFICERS:
POSITION(S) HELD WITH LENGTH OF TIME PRINCIPAL OCCUPATION(S) NAME, ADDRESS AND AGE FUNDS SERVED DURING PAST 5 YEARS ------------------------------ ------------- ----------------------- -------------------------- J. Kevin Connaughton Treasurer/ Since October 2003 President of the Liberty Funds and One Financial Center President SteinRoe Funds since March 2004; Boston, MA 02111 Treasurer of Liberty Funds, All-Star (39 years old) Funds and Stein Roe Funds since December 2000; Treasurer of Galaxy Funds since September 2002; Vice President of the Advisor since April 2003; Chief Financial Officer of the Funds since January 2003; Treasurer, Columbia Management Multi-Strategy Hedge Fund, LLC since December 2002; Prior to his current positions, Mr. Connaughton was Controller of Liberty Funds and All-Star Funds; Vice President of Colonial Management Associates, Inc.; and Senior Tax Manager, Coopers & Lybrand LLP.
March 31, 2004 COL-35/620R-0304