<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>7
<FILENAME>poa.txt
<DESCRIPTION>TRUSTEES' POWER OF ATTORNEY
<TEXT>
                        POWER OF ATTORNEY FOR SIGNATURE



The undersigned  constitutes  Clifford J. Alexander,  Cameron S. Avery, J. Kevin
Connaughton, Heidi A. Hoefler, Russell L. Kane, Vincent P. Pietropaolo, David A.
Rozenson,  Mark A.  Wentzien  and Stacy H. Winick  individually,  as my true and
lawful attorney,  with full power to each of them to sign for me and in my name,
any  and  all  registration  statements  and  any  and  all  amendments  to  the
registration statements filed under the Securities Act of 1933 or the Investment
Company Act of 1940 with the Securities and Exchange  Commission for the purpose
of  complying  with  such   registration   requirements  in  my  capacity  as  a
trustee/director or officer of Liberty All-Star Equity Fund and Liberty All-Star
Growth Fund, Inc. (All-Star Funds).  This Power of Attorney authorizes the above
individuals  to sign my name and will  remain  in full  force and  effect  until
specifically rescinded by me.

I  specifically  permit this Power of  Attorney to be filed,  as an exhibit to a
registration  statement or amendment to a registration statement of the All-Star
Funds, with the Securities and Exchange Commission and I request that this Power
of  Attorney  then  constitutes  authority  to sign  additional  amendments  and
registration  statements by virtue of its  incorporation  by reference  into the
registration statements and amendments for the All-Star Funds.

In witness,  I have  signed this Power of Attorney on this 9th day of  December,
2003.





                                              /s/JOHN A. BENNING
                                              ---------------------
                                                 John A. Benning
<PAGE>

                       POWER OF ATTORNEY FOR SIGNATURE



The undersigned  constitutes  Clifford J. Alexander,  Cameron S. Avery, J. Kevin
Connaughton, Heidi A. Hoefler, Russell L. Kane, Vincent P. Pietropaolo, David A.
Rozenson,  Mark A.  Wentzien  and Stacy H. Winick  individually,  as my true and
lawful attorney,  with full power to each of them to sign for me and in my name,
any  and  all  registration  statements  and  any  and  all  amendments  to  the
registration statements filed under the Securities Act of 1933 or the Investment
Company Act of 1940 with the Securities and Exchange  Commission for the purpose
of  complying  with  such   registration   requirements  in  my  capacity  as  a
trustee/director or officer of Liberty All-Star Equity Fund and Liberty All-Star
Growth Fund, Inc. (All-Star Funds).  This Power of Attorney authorizes the above
individuals  to sign my name and will  remain  in full  force and  effect  until
specifically rescinded by me.

I  specifically  permit this Power of  Attorney to be filed,  as an exhibit to a
registration  statement or amendment to a registration statement of the All-Star
Funds, with the Securities and Exchange Commission and I request that this Power
of  Attorney  then  constitutes  authority  to sign  additional  amendments  and
registration  statements by virtue of its  incorporation  by reference  into the
registration statements and amendments for the All-Star Funds.

In witness,  I have  signed this Power of Attorney on this 9th day of  December,
2003.





                                             /s/RICHARD W. LOWRY
                                             ----------------------
                                                Richard W. Lowry
<PAGE>



                       POWER OF ATTORNEY FOR SIGNATURE



The undersigned  constitutes  Clifford J. Alexander,  Cameron S. Avery, J. Kevin
Connaughton, Heidi A. Hoefler, Russell L. Kane, Vincent P. Pietropaolo, David A.
Rozenson,  Mark A.  Wentzien  and Stacy H. Winick  individually,  as my true and
lawful attorney,  with full power to each of them to sign for me and in my name,
any  and  all  registration  statements  and  any  and  all  amendments  to  the
registration statements filed under the Securities Act of 1933 or the Investment
Company Act of 1940 with the Securities and Exchange  Commission for the purpose
of  complying  with  such   registration   requirements  in  my  capacity  as  a
trustee/director or officer of Liberty All-Star Equity Fund and Liberty All-Star
Growth Fund, Inc. (All-Star Funds).  This Power of Attorney authorizes the above
individuals  to sign my name and will  remain  in full  force and  effect  until
specifically rescinded by me.

I  specifically  permit this Power of  Attorney to be filed,  as an exhibit to a
registration  statement or amendment to a registration statement of the All-Star
Funds, with the Securities and Exchange Commission and I request that this Power
of  Attorney  then  constitutes  authority  to sign  additional  amendments  and
registration  statements by virtue of its  incorporation  by reference  into the
registration statements and amendments for the All-Star Funds.

In witness,  I have  signed this Power of Attorney on this 9th day of  December,
2003.





                                               /S/JAMES E. GRINNELL
                                               ------------------------
                                                  James E. Grinnell
<PAGE>



                        POWER OF ATTORNEY FOR SIGNATURE



The undersigned  constitutes  Clifford J. Alexander,  Cameron S. Avery, J. Kevin
Connaughton, Heidi A. Hoefler, Russell L. Kane, Vincent P. Pietropaolo, David A.
Rozenson,  Mark A.  Wentzien  and Stacy H. Winick  individually,  as my true and
lawful attorney,  with full power to each of them to sign for me and in my name,
any  and  all  registration  statements  and  any  and  all  amendments  to  the
registration statements filed under the Securities Act of 1933 or the Investment
Company Act of 1940 with the Securities and Exchange  Commission for the purpose
of  complying  with  such   registration   requirements  in  my  capacity  as  a
trustee/director or officer of Liberty All-Star Equity Fund and Liberty All-Star
Growth Fund, Inc. (All-Star Funds).  This Power of Attorney authorizes the above
individuals  to sign my name and will  remain  in full  force and  effect  until
specifically rescinded by me.

I  specifically  permit this Power of  Attorney to be filed,  as an exhibit to a
registration  statement or amendment to a registration statement of the All-Star
Funds, with the Securities and Exchange Commission and I request that this Power
of  Attorney  then  constitutes  authority  to sign  additional  amendments  and
registration  statements by virtue of its  incorporation  by reference  into the
registration statements and amendments for the All-Star Funds.

In witness,  I have  signed this Power of Attorney on this 9th day of  December,
2003.






                                           /s/WILLIAM E. MAYER
                                           ------------------------
                                              William E. Mayer

<PAGE>




                        POWER OF ATTORNEY FOR SIGNATURE



The undersigned  constitutes  Clifford J. Alexander,  Cameron S. Avery, J. Kevin
Connaughton, Heidi A. Hoefler, Russell L. Kane, Vincent P. Pietropaolo, David A.
Rozenson,  Mark A.  Wentzien  and Stacy H. Winick  individually,  as my true and
lawful attorney,  with full power to each of them to sign for me and in my name,
any  and  all  registration  statements  and  any  and  all  amendments  to  the
registration statements filed under the Securities Act of 1933 or the Investment
Company Act of 1940 with the Securities and Exchange  Commission for the purpose
of  complying  with  such   registration   requirements  in  my  capacity  as  a
trustee/director or officer of Liberty All-Star Equity Fund and Liberty All-Star
Growth Fund, Inc. (All-Star Funds).  This Power of Attorney authorizes the above
individuals  to sign my name and will  remain  in full  force and  effect  until
specifically rescinded by me.

I  specifically  permit this Power of  Attorney to be filed,  as an exhibit to a
registration  statement or amendment to a registration statement of the All-Star
Funds, with the Securities and Exchange Commission and I request that this Power
of  Attorney  then  constitutes  authority  to sign  additional  amendments  and
registration  statements by virtue of its  incorporation  by reference  into the
registration statements and amendments for the All-Star Funds.

In witness,  I have  signed this Power of Attorney on this 9th day of  December,
2003.






                                                       /s/JOHN J. NEUHAUSER
                                                       ----------------------
                                                          John J. Neuhauser



</TEXT>
</DOCUMENT>
