497 1 px79008oct1402.htm PX790.008 CALIFORNIA MUNICIPAL FUND-497 PX0760.008 - California Municipal Fund 497
                                                 OPPENHEIMER CALIFORNIA MUNICIPAL FUND
                                               Supplement dated October 14, 2002 to the
                                     Statement of Additional Information dated September 24, 2002

The Statement of Additional Information is amended as follows:

1. In the "Independent  Trustees" table on page 32 of the Statement of Additional  Information,  the following  language is inserted after
the row titled "Clayton K. Yeutter":


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Joel W. Motley,
Director since 2002                                  Director  (January  2002-present),  Columbia  Equity  Financial Corp.
Age: 50                                              (privately-held   financial  adviser);   Managing  Director  (January
                                                     2002-present),   Carmona  Motley,  Inc.   (privately-held   financial
                                                     adviser);   Formerly  he  held  the  following  positions:   Managing
                                                     Director (January  1998-December  2001),  Carmona Motley Hoffman Inc.
                                                     (privately-held   financial  adviser);   Managing  Director  (January
                                                     1992-December 1997), Carmona Motley & Co.  (privately-held  financial
                                                     adviser). Oversees 31 portfolios in the OppenheimerFunds complex.
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October 14, 2002                                                                PXO790.008