[SHIP]
                          [THE VANGUARD GROUP(R) LOGO]

                   VANGUARD (R)PENNSYLVANIA TAX-EXEMPT FUNDS
               SUPPLEMENT TO THE PROSPECTUS DATED MARCH 23, 2004


FUND MANAGER CHANGE
John  M.  Carbone  has  assumed  the  role  of  Fund  Manager  for   Vanguard(R)
Pennsylvania   Long-Term  Tax-Exempt  Fund.  The  Fund's  investment  objective,
strategies, and policies remain unchanged.
The Plain Talk(R) titled "The Funds' Advisor" is replaced with the following:

The managers primarily responsible for overseeing the Funds' investments are:

ROBERT F. AUWAERTER, Principal of Vanguard. He has managed investment portfolios
since 1978; has been with Vanguard since 1981; and has overseen all of the Fixed
Income Group's  portfolio  management  activities since 2003.  Education:  B.S.,
University of Pennsylvania; M.B.A., Northwestern University.

KATHRYN T. ALLEN, Principal of Vanguard. She has worked in investment management
since  1983;  has managed  investment  portfolios  since  1987;  and has managed
Vanguard(R)Pennsylvania  Tax-Exempt  Money  Market Fund since  2003.  Education:
B.S., University of Alabama.

JOHN M. CARBONE,  Principal of Vanguard.  He has worked in investment management
since 1986; has managed investment portfolios since 1991; has been with Vanguard
since 1996; and has managed  Vanguard  Pennsylvania  Long-Term  Tax-Exempt  Fund
since  2004.  Education:   B.S.,  Babson  College;  M.B.A.,  Southern  Methodist
University.










(C)2004 The Vanguard Group, Inc. All rights reserved.
Vanguard Marketing Corporation, Distributor.                         PS77 082004