HIBERNIA FUNDS

                              5800 Corporate Drive
                       Pittsburgh, Pennsylvania 15237-7010

                                September 1, 2005


EDGAR Operations Branch
Securities and Exchange Commission
Division of Investment Management
450 Fifth Street, Northwest
Washington, DC  20549


       RE:    HIBERNIA FUNDS (the "Registrant")
                  Hibernia Capital Appreciation Fund
                  Hibernia Louisiana Municipal Income Fund
                  Hibernia Mid Cap Equity Fund
                  Hibernia Total Return Bond Fund
                  Hibernia U.S. Government Income Fund
                  Hibernia Cash Reserve Fund
                  Hibernia U.S. Treasury Money Market Fund
                1933 Act File No. 33-21321
                1940 Act File No. 811-5536

Dear Sir or Madam:

     On  behalf  of  the  Registrant,  I  hereby  submit  this  application  for
withdrawal  of the  Supplement  to the  Prospectus  and  Statement of Additional
Information  of the  Registrant,  which was filed pursuant to Rule 497(e) of the
Securities Act of 1933 today,  September 1, 2005.  The accession  number of this
filing was 0001318148-05-000497.

     This withdrawal is being made as a result of a business decision  announced
today to delay the acquisition of Hibernia Corporation by Capital One.

     If you have any  questions on this filing,  please  contact  Heather  Aland
Eastgate at (412) 288-1097.

                                              Very truly yours,



                                              /s/ Timothy S. Johnson
                                              Timothy S. Johnson
                                              Secretary