-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 DuMqDXC4a0t0OOX7sNndI9XQKn9kSCrjtqWzGQhgesWbIyed/XieO7xLw83il1Vl
 TT8BMw2vFPQ9/UqfDvIbKw==

<SEC-DOCUMENT>0000021847-03-000341.txt : 20031014
<SEC-HEADER>0000021847-03-000341.hdr.sgml : 20031013
<ACCEPTANCE-DATETIME>20031014165425
ACCESSION NUMBER:		0000021847-03-000341
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20031014
EFFECTIVENESS DATE:		20031014

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LIBERTY FUNDS TRUST II
		CENTRAL INDEX KEY:			0000315665
		IRS NUMBER:				046452949
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	002-66976
		FILM NUMBER:		03940096

	BUSINESS ADDRESS:	
		STREET 1:		ONE FINANCIAL CTR
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02111
		BUSINESS PHONE:		6174263750

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COLONIAL TRUST II                      /
		DATE OF NAME CHANGE:	19950926

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COLONIAL MONEY MARKET FUND
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COLONIAL TRUST II
		DATE OF NAME CHANGE:	19920505
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>liqsupp1003.txt
<DESCRIPTION>PROSPECTUS SUPPLEMENT
<TEXT>
                               LIBERTY NEWPORT JAPAN OPPORTUNITIES FUND

                           Supplement to Prospectuses dated January 1, 2003

On October 8, 2003,  the Board of  Trustees of the Fund voted to  terminate  the
Fund due to the  Fund's  failure  to grow to a size  sufficient  to  permit  its
cost-effective operation. The effective date of the termination will be December
5,  2003,  or  as  soon  thereafter  as  practicable.  In  connection  with  its
termination,  the Fund will reject all purchase  orders for Fund shares received
after  October 17, 2003 (except those  purchases  that are part of the Automatic
Investment Plan,  Automated  Dollar Cost Averaging  program,  Automatic  Divided
Diversification  program,  dividend  reinvestments  and contributions to certain
existing retirement plan accounts).

734-36/024Q-1003                                                October 14, 2003


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----