CENTENNIAL NEW YORK TAX EXEMPT TRUST

-----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, SatuMg4T5qK2gIOx5Z/Qxk/yPkaToaORWyAyAf1wyV8n/cC+jtTH5Ja9ghMny+2D eW7lhdPz2NFt4RkUgzqINA== 0000728889-03-000419.txt : 20030724 0000728889-03-000419.hdr.sgml : 20030724 20030717094735 ACCESSION NUMBER: 0000728889-03-000419 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030717 EFFECTIVENESS DATE: 20030717 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTENNIAL NEW YORK TAX EXEMPT TRUST CENTRAL INDEX KEY: 0000837278 IRS NUMBER: 133481209 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-23494 FILM NUMBER: 03790406 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: 3RD FLOOR CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER NEW YORK TAX EXEMPT CASH RESERVES DATE OF NAME CHANGE: 19900530 497 1 body.htm PROSPECTUS & SAI SUPPLEMENTS CENTENNIAL NEW YORK TAX EXEMPT TRUST

              CENTENNIAL NEW YORK TAX EXEMPT TRUST
                    Supplement dated July 7, 2003 to the
                      Prospectus dated November 1, 2002

The Prospectus is changed as follows:

1. The section  captioned  "Advisory  Fees" on page 9 is revised by adding the
following to the end of the first paragraph:

      Additionally,  effective July 7, 2003, the Manager has voluntarily
      undertaken to waive receipt of its  management  fees to the extent
      necessary so that the Trust may seek to maintain a positive yield.



July 7, 2003                                                 PS0180.007

              CENTENNIAL NEW YORK TAX EXEMPT TRUST
                    Supplement dated July 7, 2003 to the
          Statement of Additional Information dated November 1, 2002

The Statement of Additional Information is changed as follows:

1. The following is added as a new second  sentence of the third  paragraph of
the section entitled "The Investment Advisory Agreement" on page 38:

      Additionally,  effective July 7, 2003, the Manager has voluntarily
      undertaken to waive receipt of its  management  fees to the extent
      necessary SO THAT THE Trust may seek to maintain a positive yield.



July 7, 2003                                                 PX0180.004

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