-----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, JW5dfh9ntWR+LXWvqXX98rl+d4tnC/ZkQuOsjJP6xMCUz3/CdZDw3h9bccbIiSbd eWLppeH5mU6htUMWNDYZ8g== 0000728889-08-000060.txt : 20080122 0000728889-08-000060.hdr.sgml : 20080121 20080122142221 ACCESSION NUMBER: 0000728889-08-000060 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080122 DATE AS OF CHANGE: 20080122 EFFECTIVENESS DATE: 20080122 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER EQUITY INCOME FUND INC CENTRAL INDEX KEY: 0000799029 IRS NUMBER: 132527171 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-16881 FILM NUMBER: 08541394 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER QUEST CAPITAL VALUE FUND INC DATE OF NAME CHANGE: 19970303 FORMER COMPANY: FORMER CONFORMED NAME: QUEST FOR VALUE DUAL PURPOSE FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: QFV DUAL PURPOSE FUND INC DATE OF NAME CHANGE: 19870111 0000799029 S000008498 OPPENHEIMER QUEST CAPITAL VALUE FUND INC C000023330 A C000023331 B C000031353 C C000031354 N 497 1 sticker.htm SAI SUPPLEMENT OPPENHEIMER EQUITY INCOME FUND, INC. 
Oppenheimer Absolute Return Fund         Oppenheimer Quest Balanced Fund
Oppenheimer AMT-Free Municipals          Oppenheimer Quest International Value
                                         Fund, Inc.
Oppenheimer Baring China Fund            Oppenheimer Quest Opportunity Value Fund
Oppenheimer Baring Japan Fund            Oppenheimer Real Estate Fund
Oppenheimer Champion Income Fund         Oppenheimer Rising Dividends Fund, Inc.
Oppenheimer Commodity Strategy Total     Oppenheimer Rochester Arizona Municipal
Return Fund                              Fund
Oppenheimer Convertible Securities Fund  Oppenheimer Rochester Maryland Municipal
                                         Fund
Oppenheimer Core Bond Fund               Oppenheimer Rochester Massachusetts
                                         Municipal Fund
Oppenheimer Dividend Growth Fund         Oppenheimer Rochester Michigan Municipal
                                         Fund
Oppenheimer Emerging Growth Fund         Oppenheimer Rochester Minnesota Municipal
                                         Fund
Oppenheimer Equity Fund, Inc.            Oppenheimer Rochester North Carolina
                                         Municipal Fund
Oppenheimer Equity Income Fund, Inc.     Oppenheimer Rochester Ohio Municipal Fund
Oppenheimer Global Opportunities Fund    Oppenheimer Rochester Virginia Municipal
                                         Fund
Oppenheimer Global Value Fund            Oppenheimer Select Value Fund
Oppenheimer Gold & Special Minerals Fund Oppenheimer Senior Floating Rate Fund
Oppenheimer International Diversified    Oppenheimer Small- & Mid- Cap Value Fund
Fund
Oppenheimer International Growth Fund    Oppenheimer Transition 2010 Fund
Oppenheimer International Value Fund     Oppenheimer Transition 2015 Fund
Oppenheimer Main Street Opportunity Fund Oppenheimer Transition 2020 Fund
Oppenheimer Main Street Small Cap Fund   Oppenheimer Transition 2030 Fund
Oppenheimer MidCap Fund                  Oppenheimer Value Fund
Oppenheimer Portfolio Series             Limited-Term New York Municipal Fund
Oppenheimer Portfolio Series Fixed       Rochester Fund Municipals
Income
   Active Allocation Fund


                      Supplement dated January 22, 2008
                  to the Statement of Additional Information

This supplement amends the Statement of Additional Information (the "SAI") of
each of the above referenced Funds (each a "Fund") and is in addition to any
existing supplements to a Fund's SAI.

Each Fund's SAI is revised by adding the following two bullet points at the
end of the sub-section "A. Waivers of Initial and Contingent Deferred Sales
Charges for Certain Purchasers" in the section "I. Waivers of Class A Sales
Charges of Oppenheimer Funds" in the Appendix titled "OppenheimerFunds
Special Sales Charge Arrangements and Waivers":

|_|   Purchases of Class A shares by former shareholders of Atlas Strategic
            Income Fund in any Oppenheimer fund into which shareholders of
            Oppenheimer Strategic Income Fund may exchange.
|_|   Purchases prior to June 15, 2008 by former shareholders of Oppenheimer
            Tremont Market Neutral Fund, LLC or Oppenheimer Tremont
            Opportunity Fund, LLC, directly from the proceeds from mandatory
            redemptions.





January 22, 2008                                                    PX0000.026
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