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Statement

Press Release

Westcore Funds Announces Estimated 1998
Capital Gains Distributions

December 1, 1998—As a service to our shareholders, Westcore Funds announces the following estimated capital gains distribution figures for the 1998 year end to assist individuals with their personal tax planning. The record date for the distribution is December 15, 1998. These per share capital gain distribution amounts are estimates only, based on shares outstanding at November 30, 1998. These estimates are subject to change, upon final calculation.

 

Short Term Capital Gain Per Share

Long Term Capital Gain Per Share

Westcore Blue Chip

0.00

2.60

Westcore Mid-Cap Opportunity

0.00

0.00

Westcore Small-Cap Opportunity

0.00

0.72

Westcore MIDCO Growth

0.00

2.37

Westcore Growth & Income

0.00

1.05

Westcore Long-Term Bond Fund

0.00

0.06

Westcore Intermediate Bond Fund

0.00

0.00

Westcore Colorado Tax-Exempt Fund

0.00

0.00

IMPORTANT NOTICE for both Westcore Growth and Income Fund and Westcore Small-Cap Opportunity Fund shareholders: In an effort to reduce the capital gains incurred during 1998, Westcore is deferring distribution of a portion of its capital gains incurred during this year until 1999 as a special distribution. It is anticipated that, subject to board action, this distribution will be declared and paid prior to February 15, 1999 and will be included in the 1999 taxable year.

This information should provide all shareholders with the most up-to-date information available regarding their Westcore distributions. If shareholders have any questions regarding this information they can contact a Westcore Investor Service Representative at 1-800-392-CORE (2673) or visit our web site at www.westcore.com.

# # #

To obtain a prospectus, which contains more complete information, including charges and expenses, call 1-800-392-CORE (2673). Please read the prospectus carefully before you invest. Westcore Funds are distributed by ALPS Mutual Funds Services, Inc., member NASD.

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