The Board of Directors of Columbia Seligman Premium Technology Growth Fund, Inc. held a meeting at which its members considered and, thereafter, unanimously elected William P. Carmichael to the Fund's Board. Mr. Carmichael's service with the Board will commence on January 1, 2014, at which time he will serve as chairman of the Board, per action at the Meeting by the Board's existing members. He will also serve on the Board's Governance Committee, Compliance Committee, Contracts Committee, Executive Committee and Investment Review Committee.

Mr. Stephen R. Lewis, Jr., the Board's current chairman, is retiring from his service as chairman of the boards of all of the Columbia Funds, including the Fund, effective January 1, 2014. Thereafter, he will continue to serve as a member of the Board, subject to his re-election by the Fund's stockholders at their next annual meeting. Also effective January 1, 2014, Mr. Carmichael will commence service as chairman of the board of certain open-end Columbia funds.

Mr. Carmichael has, since 2003, served on the board of trustees of certain other funds in the Columbia Family of Funds, of which the Fund is a part. Mr. Carmichael has agreed to stand for election by stockholders at the Fund's 2014 Annual Meeting of Stockholders.