Chairman, President and                                                OppenheimerFunds Logo
Chief Executive Officer                                                OppenheimerFunds, Inc.
498 Seventh Avenue
                                                                       New York, NY 10018
                                                                       WWW.OPPENHEIMERFUNDS.COM
                                                                       ------------------------

                                                                       June 10, 2002


Dear Oppenheimer New Jersey Municipal Fund Shareholder,

We have scheduled a shareholder meeting on August 5, 2002 for you to decide upon some important
proposals for the Fund. Your ballot card and a detailed statement of the issues
are enclosed with this letter.

Your Board of Trustees
believes the matters being proposed for approval are in the best interests of
the Fund and its shareholders and recommends a vote “for” each
Proposal. Regardless of the number of shares you own, it is important that your
shares be represented and voted. So we urge you to consider these issues
carefully and make your vote count.

How do you vote?

To cast your vote, simply
mark, sign and date the enclosed proxy ballot and return it in the postage-paid
envelope today. You also may vote by telephone by following the instructions on
the proxy ballot. Using a touch-tone telephone to cast your vote saves you time
and helps reduce the Fund’s expenses. If you vote by phone, you do not need
to mail the proxy ballot.

Remember, it can be
expensive for the Fund--and ultimately for you as a shareholder--to remail
ballots if not enough responses are received to conduct the meeting. If your
vote is not received before the scheduled meeting, you may receive a telephone
call asking you to vote.

What are the
issues?

o Approval of
Elimination or Amendment of Certain Fundamental Investment Policies. Your
approval is requested to eliminate or amend certain fundamental investment
policies of the Fund.

o Approval of
Distribution and Service Plan for Class B Shares (Class B shareholders
only). Class B shareholders are asked to approve the Fund’s Amended and
Restated Class B 12b-1 Distribution and Service Plan.

        Please
read the enclosed proxy statement for complete details on these proposals. Of
course, if you have any questions, please contact your financial advisor, or
call us at 1.800.708.7780. As always, we appreciate your confidence in
OppenheimerFunds and look forward to serving you for many years to come.

                                                              Sincerely,
                                                              John V. Murphy signature


Enclosures
XP0395.003.0602