497 1 b58911cfe497.txt COLUMBIA FUNDS SERIES TRUST COLUMBIA FUNDS SERIES TRUST COLUMBIA SHORT TERM MUNICIPAL BOND FUND COLUMBIA MUNICIPAL INCOME FUND COLUMBIA GEORGIA INTERMEDIATE MUNICIPAL BOND FUND COLUMBIA MARYLAND INTERMEDIATE MUNICIPAL BOND FUND COLUMBIA NORTH CAROLINA INTERMEDIATE MUNICIPAL BOND FUND COLUMBIA SOUTH CAROLINA INTERMEDIATE MUNICIPAL BOND FUND COLUMBIA VIRGINIA INTERMEDIATE MUNICIPAL BOND FUND (THE "FUNDS") SUPPLEMENT DATED FEBRUARY 3, 2006 TO THE STATEMENT OF ADDITIONAL INFORMATION DATED AUGUST 1, 2005 The Statement of Additional Information for all share classes of the Funds is hereby supplemented as follows: 1. The table following the heading "Other Accounts Managed by the Portfolio Managers" in the section "PORTFOLIO MANAGERS" is hereby supplemented to reflect the following:
------------------------------------------------------------------------------------------------------------------ PORTFOLIO MANAGER OTHER SEC-REGISTERED OPEN-END OTHER POOLED INVESTMENT OTHER ACCOUNTS AND CLOSED-END FUNDS VEHICLES ------------------------------------------------------------------------------------------------------------------ NUMBER OF ASSETS NUMBER OF ASSETS NUMBER OF ASSETS ACCOUNTS ACCOUNTS ACCOUNTS ------------------------------------------------------------------------------------------------------------------ Kelly Mainelli 8 $17.1 billion N/A N/A 8 $1.5 billion ------------------------------------------------------------------------------------------------------------------ Kimberly Campbell 3 $3.4 billion N/A N/A 7 $125,000 ------------------------------------------------------------------------------------------------------------------ Wendy Norman 2 $330 million N/A N/A 2 $603 million ------------------------------------------------------------------------------------------------------------------
2. The table following the heading "Accounts and Assets for which Advisory Fee is Based on Performance" in the section "PORTFOLIO MANAGERS" is hereby supplemented to reflect the following:
------------------------------------------------------------------------------------------------------------------ PORTFOLIO MANAGER OTHER SEC-REGISTERED OPEN-END OTHER POOLED INVESTMENT OTHER ACCOUNTS AND CLOSED-END FUNDS VEHICLES ------------------------------------------------------------------------------------------------------------------ Number of Assets Number of Assets Number of Assets accounts accounts accounts ------------------------------------------------------------------------------------------------------------------ Kelly Mainelli 8 $17.1 billion N/A N/A 8 $1.5 billion ------------------------------------------------------------------------------------------------------------------
3. The table following the heading "Ownership of Securities" in the section "PORTFOLIO MANAGERS" is hereby supplemented to reflect the following:
---------------------------------------------------------------------------- PORTFOLIO MANAGER DOLLAR RANGE OF EQUITY SECURITIES IN THE FUND BENEFICIALLY OWNED ---------------------------------------------------------------------------- Kelly Mainelli $0 ---------------------------------------------------------------------------- Kimberly Campbell $0 ---------------------------------------------------------------------------- Wendy Norman $0 ----------------------------------------------------------------------------
4. The table following the heading "Compensation" in the section "PORTFOLIO MANAGERS" is hereby supplemented to reflect the following:
PORTFOLIO MANAGER PERFORMANCE BENCHMARK PEER GROUP -------------------------------------------------------------------------------------------------- Kelly Mainelli Lehman Brothers 1-Year Municipal Bond Lipper Short Municipal Debt Index Category Lehman Brothers 3-Year Municipal Bond Index Kimberly Campbell Lehman Brothers Municipal Bond Index Lipper General Municipal Debt Funds Category Wendy Norman Lehman Brothers Quality Intermediate Lipper Other States Intermediate Municipal Index Municipal Debt Funds Category
SUP-39/106112-0206