SQF Seligman Quality Mun FD

On Friday, February 23, 2007, the closing net asset value (NAV) for Seligman Quality Municipal Fund, Inc. (NYSE: SQF) was incorrectly reported as $14.29, an increase of $0.23. The correct closing NAV is $14.07, up $0.01. Seligman Quality Municipal Fund, Inc. is managed by J. & W. Seligman & Co. Incorporated (JWS), a New York-based investment manager and advisor, which was founded in 1864. Seligman Advisors, Inc. is the principal underwriter of the Seligman mutual funds managed by JWS. Seligman Services, Inc. provides client services to shareholders of Seligman Quality Municipal Fund, Inc. Seligman Advisors, Inc. and Seligman Services, Inc. are wholly-owned subsidiaries of JWS. You should consider the investment objectives, risks, charges, and expenses of a fund carefully before investing. You can obtain the Fund�s most recent annual, semi-annual and quarterly reports by contacting your financial advisor or Seligman Services, Inc. at 800-597-6068. These reports and other information are also available on the Securities and Exchange Commission�s EDGAR Database.