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Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934
(Amendment No.___)

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FROM:   LIBERTY ALL-STAR® EQUITY FUND  <noenvelope@proxydirectmail.com>

REPLY TO:   internetresponse@computershare.com

Subject:  Special Meeting of Shareholders

Dear Shareholder:

You are receiving this email because you consented to receive your proxy materials over the Internet. This e-mail provides the information you will need to view the Proxy Statement online, access your proxy card and vote your shares.

View or download the Proxy Statement: [Computershare Material Site] or [Client Link to Materials]

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Liberty All-Star Equity Fund
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Security Code: 99999999
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You can also go to https://www.proxy-direct.com and enter your control numbers and security code exactly as they appear above. If multiple control numbers and security codes appear, you will need to vote each individually for your vote to be captured on all accounts.

Please cast your vote before November 19, 2015 to ensure your instructions are received in time for the meeting.

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Liberty All-Star® Equity Fund