Mr. Manioudakis has been a Senior Vice President of the Manager and of HarbourView Asset Management Corporation since April 2002. He has been a Senior Vice President of OFI Institutional Asset Management, Inc. since June 2002.
He has been a Vice President of the Fund since January 2003. He is also a portfolio manager and officer of other portfolios in the OppenheimerFunds complex.
Mr. Manioudakis was Executive Director and portfolio manager for Miller, Anderson & Sherrerd, a division of Morgan Stanley Investment Management from August 1993 through April 2002.
* Net Assets include for all classes