 Liberty All-Star Equity Fund and Liberty All-Star Growth Fund, Inc. each, a Fund and together, the Funds have determined it is advisable and in the best interests of the Funds shareholders to hold the August 20, 2020 Joint Annual Meeting of Shareholders the Meeting by telephone conference call without any in-person attendance. The Funds are taking this step because of travel limitations and other concerns relating to the coronavirus outbreak COVID-19, including the health of shareholders and proxyholders. This press release provides instructions for participating in the Meeting. 