-----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, SMqZSrCfBdip2RjYp6Om2cEkgE3DVFPQA6M0JWTXg5JS/giTptVtunDo34Tvgw3d AzNVJxHAIA5uPZbwYgF1HA== 0001104659-06-044412.txt : 20060629 0001104659-06-044412.hdr.sgml : 20060629 20060629121943 ACCESSION NUMBER: 0001104659-06-044412 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060629 DATE AS OF CHANGE: 20060629 EFFECTIVENESS DATE: 20060629 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WANGER ADVISORS TRUST CENTRAL INDEX KEY: 0000929521 IRS NUMBER: 362692100 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-83548 FILM NUMBER: 06932486 BUSINESS ADDRESS: STREET 1: 227 WEST MONROE STREET STE 3000 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3126349200 MAIL ADDRESS: STREET 1: 227 WEST MONROE STREET STE 3000 CITY: CHICAGO STATE: IL ZIP: 60606-5016 0000929521 S000008981 Wanger U.S. Smaller Companies C000024403 Wanger U.S. Smaller Companies WUSAX 0000929521 S000008982 Wanger International Small Cap C000024404 Wanger International Small Cap WSCAX 0000929521 S000008983 Wanger Select C000024405 Wanger Select WATWX 0000929521 S000008984 Wanger International Select C000024406 Wanger International Select WAFFX 497 1 a06-14287_2497.htm DEFINITIVE MATERIALS

Supplement dated June 29, 2006
to the Statement of Additional Information
of Wanger Advisors Trust dated May 1, 2006

On June 7, 2006, the board of trustees of Wanger Advisors Trust (“WAT” or the “Trust”) nominated for election as trustees to the WAT board eleven individuals (each a “Nominee” and collectively the “Nominees”). Two of the Nominees are currently trustees of the Trust and the remaining nine Nominees are currently trustees of the Columbia Acorn Trust.

A special meeting of the shareholders has been scheduled for September 11, 2006 to vote on the election of the Nominees. Notice of the special meeting, a proxy statement and a proxy card will be mailed to all shareholders of record as of the close of business on July 14, 2006.



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