Common use of Trustees and Officers of the Fund Clause in Contracts

Trustees and Officers of the Fund. The Fund's Trustees and officers and their positions held with the Fund and length of service in such position(s) and the principal occupations and business affiliations during the past five years are listed below. Each of the Trustees are independent trustees, which means that they have no affiliation with the Manager as defined in the Investment Company Act. The information for the Trustees also includes the dollar range of shares of the Fund as well as the aggregate dollar range of shares of the Board III Funds beneficially owned by the Trustee. All information is as of December 31, 2001. All of the Trustees are also trustees or directors of the following Xxxxxxxxxxx funds (referred to as "Board III Funds"): Xxxxxxxxxxx Quest For Value Funds, a series fund Rochester Portfolio Series, a series fund having one series: having the following series: Limited-Term New York Municipal Fund Xxxxxxxxxxx Small Cap Value Fund, Bond Fund Series, a series fund having one series: Xxxxxxxxxxx Quest Balanced Value Fund and Xxxxxxxxxxx Convertible Securities Fund Xxxxxxxxxxx Quest Opportunity Value Fund Rochester Fund Municipals Xxxxxxxxxxx Quest Global Value Fund, Inc. Xxxxxxxxxxx XxxXxx Fund Xxxxxxxxxxx Quest Capital Value Fund, Inc. Xxxxxxxxxxx Quest Value Fund, Inc. In addition to being a director or trustee of the Board III Funds, Xx. Xxxxx is also a director or trustee of 31 other portfolios in the Xxxxxxxxxxx Funds complex.

Trustees and Officers of the Fund. The Fund's Trustees and officers and their positions held with the Fund and length of service in such position(s) and the principal occupations and business affiliations during the past five years are listed below. Each of the Trustees are independent trustees, which means that they have no affiliation with the Manager as defined in the Investment Company Act. The information for the Trustees also includes the dollar range of shares of the Fund as well as the aggregate dollar range of shares of the Board III Funds beneficially owned by the Trustee. All information is as of December 31, 2001. All of the Trustees are also trustees or directors of the following Xxxxxxxxxxx funds (referred to as "Board III Funds"): Xxxxxxxxxxx Quest For Value Funds, a series fund having Rochester Portfolio Series, a series fund having one series: having the following series: Limited-Term New York Municipal Fund Xxxxxxxxxxx Small Cap Value Fund, Bond Fund Series, a series fund having one series: Xxxxxxxxxxx Quest Balanced Value Fund and Xxxxxxxxxxx Convertible Securities Fund Xxxxxxxxxxx Quest Opportunity Value Fund Rochester Fund Municipals Xxxxxxxxxxx Quest Global Value Fund, Inc. Xxxxxxxxxxx XxxXxx Fund Xxxxxxxxxxx Quest Capital Value Fund, Inc. Xxxxxxxxxxx Quest Value Fund, Inc. In addition to being a director or trustee of the Board III Funds, Xx. Xxxxx is also a director or trustee of 31 33 other portfolios in the Xxxxxxxxxxx Funds complex.

Trustees and Officers of the Fund. The Fund's Trustees and officers and their positions held with the Fund and length of service in such position(s) and the principal occupations and business affiliations during the past five years are listed below. Each of the Trustees are independent trustees, which means that they have no affiliation with the Manager is an "Independent Trustee," as defined in the Investment Company 1940 Act. The information for the Trustees also includes the dollar range of shares of the Fund as well as the aggregate dollar range of shares of the Board III Funds beneficially owned by the Trustee. All information is as of December 31, 2001. All of the Trustees are also trustees or directors of the following Xxxxxxxxxxx funds funds1 (referred to as "Board III Funds"): Xxxxxxxxxxx Quest For Value Funds, a series fund Rochester Portfolio Series, a series fund having one series: having the following series: Limited-Term New York Municipal Fund Xxxxxxxxxxx Small Cap Value Fund, Bond Fund Series, a series fund having one series: Xxxxxxxxxxx Quest Balanced Value Fund and Xxxxxxxxxxx Convertible Securities Fund Xxxxxxxxxxx Quest Opportunity Value Fund Rochester Fund Municipals Xxxxxxxxxxx Quest Global Value Fund, Inc. Xxxxxxxxxxx XxxXxx Fund Xxxxxxxxxxx Quest Capital Value Fund, Inc. Xxxxxxxxxxx Quest Value Fund, Inc. In addition to being a director or trustee of the Board III Funds, Xx. Xxxxx is also a director or trustee of 31 other portfolios in the Xxxxxxxxxxx Funds complex.

Trustees and Officers of the Fund. The Fund's Trustees and officers and their positions held with the Fund and length of service in such position(s) and the principal occupations and business affiliations during the past five years are listed below. Each of the Trustees are independent trustees, which means that they have no affiliation with the Manager as defined in the Investment Company Act. The information for the Trustees also includes the dollar range of shares of the Fund as well as the aggregate dollar range of shares of the Board III Funds beneficially owned by the Trustee. All information is as of December 31, 2001. All of the Trustees are also trustees or directors of the following Xxxxxxxxxxx funds (referred to as "Board III Funds"): Xxxxxxxxxxx Quest For Value Funds, a series fund Rochester Portfolio Series, a series fund having one series: fund having the following series: having one series: Xxxxxxxxxxx Small Cap Value Fund, Limited-Term New York Municipal Fund Xxxxxxxxxxx Small Cap Quest Balanced Value Fund, and Bond Fund Series, a series fund Xxxxxxxxxxx Quest Opportunity Value Fund, having one series: Xxxxxxxxxxx Quest Balanced Value Fund and Xxxxxxxxxxx Convertible Securities Fund Xxxxxxxxxxx Quest Opportunity Value Fund Rochester Fund Municipals Xxxxxxxxxxx Quest Global Value Fund, Inc. Xxxxxxxxxxx XxxXxx Inc., Oppenhiemer Convertible Securities Fund Xxxxxxxxxxx Quest Capital Value Fund, Inc. Inc., Rochester Fund Municipals Xxxxxxxxxxx Quest Value Fund, Inc. Xxxxxxxxxxx Xxxxxx Fund In addition to being a director or trustee of the Board III Funds, Xx. Xxxxx is also a director or trustee of 31 33 other portfolios in the Xxxxxxxxxxx Funds complex.

Trustees and Officers of the Fund. The Fund's Trustees and officers and their positions held with the Fund and length of service in such position(s) and the principal occupations and business affiliations during the past five years are listed below. Each of the Trustees are independent trustees, which means that they have no affiliation with the Manager as defined in the Investment Company Act. The information for the Trustees also includes the dollar range of shares of the Fund as well as the aggregate dollar range of shares of the Board III Funds beneficially owned by the Trustee. All information is as of December 31, 2001. All of the Trustees are also trustees or directors of the following Xxxxxxxxxxx funds (referred to as "Board III Funds"): Xxxxxxxxxxx Quest For Value Funds, a series fund Rochester Portfolio Series, a series fund having one series: fund having the following series: having one series: Xxxxxxxxxxx Small Cap Value Fund, Limited-Term New York Municipal Fund Xxxxxxxxxxx Small Cap Quest Balanced Value Fund, and Bond Fund Series, a series fund Xxxxxxxxxxx Quest Opportunity Value Fund, having one series: Xxxxxxxxxxx Quest Balanced Value Fund and Xxxxxxxxxxx Convertible Securities Fund Xxxxxxxxxxx Quest Opportunity Value Fund Rochester Fund Municipals Xxxxxxxxxxx Quest Global Value Fund, Inc. Xxxxxxxxxxx XxxXxx Inc., Oppenhiemer Convertible Securities Fund Xxxxxxxxxxx Quest Capital Value Fund, Inc. Inc., Rochester Fund Municipals Xxxxxxxxxxx Quest Value Fund, Inc. Xxxxxxxxxxx Midcap Fund In addition to being a director or trustee of the Board III Funds, Xx. Xxxxx is also a director or trustee of 31 33 other portfolios in the Xxxxxxxxxxx Funds complex.