-----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, HQ9fj+qUIeOweBJ2V4OmKqJ5HmYK8jZnuaYfNeKeyFzbvewK7GJbp20tS00dSlDy W8erYMOMC7DL7Tzj+WSjhw== 0000950152-06-004997.txt : 20060608 0000950152-06-004997.hdr.sgml : 20060608 20060608101350 ACCESSION NUMBER: 0000950152-06-004997 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060608 DATE AS OF CHANGE: 20060608 EFFECTIVENESS DATE: 20060608 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STI CLASSIC FUNDS CENTRAL INDEX KEY: 0000883939 IRS NUMBER: 232678674 STATE OF INCORPORATION: OH FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-45671 FILM NUMBER: 06892979 BUSINESS ADDRESS: STREET 1: 3435 STELZER RD. CITY: COLUMBUS STATE: OH ZIP: 43219 BUSINESS PHONE: 6144708000 MAIL ADDRESS: STREET 1: 3435 STELZER RD. CITY: COLUMBUS STATE: OH ZIP: 43219 0000883939 S000004702 STI Classic Virginia Municipal Bond Fund C000012787 A Shares SVIAX C000012788 C Shares CVMBX C000012789 I Shares CVMTX 497 1 l20776ae497.txt STI CLASSIC FUNDS 497 STI CLASSIC FUNDS STI CLASSIC VIRGINIA MUNICIPAL BOND FUND STI CLASSIC BOND AND MONEY MARKET FUNDS I SHARES (FORMERLY T SHARES) STI CLASSIC BOND FUNDS A SHARES AND C SHARES (FORMERLY L SHARES) SUPPLEMENT DATED JUNE 8, 2006 TO THE PROSPECTUS DATED AUGUST 1, 2005 On May 9, 2006, the Board of Trustees (the "Board") of STI Classic Funds (the "Trust"), including a majority of the Independent Trustees, approved the reorganization of the STI Classic Virginia Municipal Bond Fund (the "Fund") into the STI Classic Virginia Intermediate Municipal Bond Fund (the "Acquiring Fund"), a separate series of the Trust. After careful consideration, the Board determined the reorganization to be in the best interests of the Fund's shareholders. Among the factors considered by the Board were: - the Fund's investment objective, policies and strategies are substantially identical to those of the Acquiring Fund; - the contractual advisory fees of the Fund and the Acquiring Fund are the same; - the Acquiring Fund's expense ratio is lower than the Fund's; - the potential economies of scale resulting from the reorganization; and - the reorganization is expected to be a tax-free event to shareholders. The reorganization is expected to be effective at the close of business on or about July 31, 2006. At that time, each shareholder of the Fund will become a shareholder of the Acquiring Fund, and will receive shares of the Acquiring Fund in an amount equal in value to the shares of the Fund the shareholder had immediately before the reorganization. Shareholders who wish to redeem shares of the Fund in a taxable transaction prior to the reorganization may do so in accordance with the procedures described in the prospectus. PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE. SP-ACIB-060706 -----END PRIVACY-ENHANCED MESSAGE-----