Liberty Funds Services, Inc.

A Member of Columbia Management Group                               Exhibit 17.4

P.O. Box 55085
Boston, MA 02266-5085

PLEASE VOTE PROMPTLY

Please fold and detach card at perforation before mailing

3 EASY WAYS TO VOTE YOUR PROXY

Automated Touch Tone Voting:  Call toll-free 1-888-221-0697 and use the control
number shown below.

On the Internet at www.proxyweb.com and use the control number shown below.

Return this proxy card using the enclosed postage-paid envelope.

**** CONTROL NUMBER:  999 999 999 999 99 ****

FUND NAME PRINTS HERE

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES. The signers of this
proxy hereby appoint each of Joseph R. Palombo, Jean S. Loewenberg, Joseph T.
Turo, Russell L. Kane, Vincent P. Pietropaolo and Heidi A. Hoefler proxies of
the signers, with power of substitution, to vote at the Special Meeting of
Shareholders to be held at One Financial Center, Boston, Massachusetts, on
October 18, 2002, and at any adjournments, as specified herein and in
accordance with their best judgment on any other business that may properly
come before this meeting, all shares held by the signors.

THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE NOTICE OF SPECIAL MEETING OF
SHAREHOLDERS AND THE COMBINED PROSPECTUS AND PROXY STATEMENT DATED AUGUST __,
2002.

AFTER CAREFUL REVIEW, THE BOARD OF TRUSTEES UNANIMOUSLY HAS RECOMMENDED A VOTE
"FOR" ALL MATTERS.

Please be sure to sign and date this proxy.

DATE:               , 2002

MARK BOX AT RIGHT FOR ADDRESS CHANGE AND NOTE NEW ADDRESS AT LEFT.

Shareholder Signature(s) Title(s), if applicable

Please sign exactly as name or names appear hereon. Joint owners should sign
personally. When signing as attorney, executor, administrator, trustee or
guardian, please give full title as such. If a corporation, please sign in
corporate name by President or other authorized officer. If a partnership,
please sign in partnership name by authorized person.

PROXY 005

Please fill in box(es) as shown using black or blue ink or number 2 pencil.


PLEASE DO NOT USE FINE POINT PENS.

Your vote is important, no matter how many shares you own. Please vote below and
sign in the space provided on the reverse side of this proxy card. Return
completed proxy card in the enclosed envelope today. You may receive additional
proxies for other accounts. These are not duplicates; you should sign and return
each proxy card in order for your votes to be counted.

THIS PROXY, WHEN PROPERLY EXECUTED WILL BE VOTED IN THE MANNER DIRECTED BELOW
AND, ABSENT DIRECTION, WILL BE VOTED FOR THE PROPOSAL(S) LISTED BELOW. THIS
WILL BE VOTED IN ACCORDANCE WITH THE HOLDER'S BEST JUDGMENT AS TO ANY OTHER
MATTER.

THE TRUSTEES RECOMMEND A VOTE FOR THE PROPOSAL:

          FOR       AGAINST        ABSTAIN

1. Proposal to approve the Agreement and Plan of Reorganization with respect to
the acquisition of the Galaxy Growth Fund II by the Columbia Special Fund, Inc.
(Item 1 of the Notice).

2. Proposal to approve the Agreement and Plan of Reorganization with respect to
the acquisition of the Stein Roe Capital Opportunities Fund (including Class S
and Liberty Capital Opportunities Fund, Class A) by the Columbia Special Fund,
Inc. (Item 2 of the Notice).

3. Proposal to approve the Agreement and Plan of Reorganization with respect to
the acquisition of the Liberty Midcap Growth Fund (including Classes A, B, C
and Z and Stein Roe Midcap Growth Fund Class S) by the Columbia Special Fund,
Inc. (Item 3 of the Notice).

PLEASE MARK, SIGN, DATE AND RETURN THIS PROXY PROMPTLY USING THE ENCLOSED
ENVELOPE.

PROXY 005



                       VOTE YOUR PROXY -- ELECTRONICALLY!

The enclosed proxy statement provides details on important issues affecting
your funds. THE BOARD OF TRUSTEES RECOMMENDS THAT YOU VOTE FOR ALL PROPOSALS.

You can vote your proxies over the Internet or by telephone.
Both ways are easy and confidential.

A REMINDER -- if you vote by Internet or telephone, then you should NOT mail
your proxy card.

INTERNET VOTING:

- Read the proxy statement and have your proxy card available.

- Go to website listed on your ballot.

- Click on the proxy link and follow the instructions provided.

TELEPHONE VOTING:

- Read the proxy statement and have your proxy card available.

- Call the toll-free number listed on your ballot when you are ready to vote.

- Enter the voter control number located in the middle of your ballot. The
  control number is under the section of your ballot titled, 3 EASY WAYS TO
  VOTE YOUR PROXY.

- Follow the instructions provided.

Internet and telephone voting are available 24 hours a day, seven days a week.

If you have questions regarding the meeting agenda and the execution of
proxies, you can speak to a representative by calling toll-free 866-619-0984.