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<SEC-DOCUMENT>0001169232-06-003175.txt : 20060725
<SEC-HEADER>0001169232-06-003175.hdr.sgml : 20060725
<ACCEPTANCE-DATETIME>20060725170603
ACCESSION NUMBER:		0001169232-06-003175
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20060725
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20060725
DATE AS OF CHANGE:		20060725

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TRI-CONTINENTAL CORP
		CENTRAL INDEX KEY:			0000099614
		IRS NUMBER:				135441850
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-00266
		FILM NUMBER:		06979682

	BUSINESS ADDRESS:	
		STREET 1:		100 PARK AVENUE,
		STREET 2:		8TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2128501864

	MAIL ADDRESS:	
		STREET 1:		100 PARK AVENUE
		STREET 2:		8TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TRI CONTINENTAL CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d68779_8k.txt
<DESCRIPTION>CURRENT REPORT
<TEXT>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 25, 2006

                           TRI-CONTINENTAL CORPORATION
             (Exact name of Registrant as specified in its charter)

          Maryland                   811-266                     13-5441850
(State or other jurisdiction       (Commission                (I.R.S. Employer
      of incorporation)            File Number)              Identification No.)

                                100 Park Avenue,
                            New York, New York 10017
               (Address of principal executive offices, zip code)

Registrant's telephone number, including area code (212) 850-1864

                                 Not Applicable
         (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule13e-4(c) under the Exchange
Act (17CFR 240.13e-4(c))

<PAGE>

SECTION 7 - REGULATION FD DISCLOSURE

Item 7.01 Regulation FD Disclosure.

Registrant is furnishing as Exhibit 99.1 and Exhibit 99.2 the attached Fund Fact
Sheets as of June 30, 2006 for Tri-Continental Corporation.

SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 Financial Statements and Exhibits.

Exhibit 99.1 -    Fund Fact Sheet as of June 30, 2006 for Tri-Continental
                  Corporation.

Exhibit 99.2 -    Fund Fact Sheet as of June 30, 2006 for Tri-Continental
                  Corporation reflecting the Rolling Average Distribution Rate.

<PAGE>

                                    SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                TRI-CONTINENTAL CORPORATION

Date:  July 25, 2006

                                                By: /s/ Brian T. Zino
                                                   ------------------------
                                                        Brian T. Zino
                                                        President
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>d68779_ex99-1.txt
<DESCRIPTION>FUND FACT SHEET
<TEXT>

- --------------------------------------------------------------------------------

                                                                        TY
                                                                      LISTED
                                                                       NYSE
Tri-Continental Corporation
          an investment you can live with                          June 30, 2006
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
FUND OBJECTIVE
- --------------------------------------------------------------------------------

Tri-Continental Corporation invests to produce future growth of both capital and
income, while providing reasonable current income.

- --------------------------------------------------------------------------------
PORTFOLIO MANAGEMENT
- --------------------------------------------------------------------------------

Portfolio Managers:
John B. Cunningham and Michael F. McGarry

Investment Team:
Seligman Core Investment Team

- --------------------------------------------------------------------------------
SELIGMAN'S STYLE ANALYSIS
- --------------------------------------------------------------------------------

                                 MANAGEMENT STYLE
                            Value      Blend     Growth
                       ------------------------------------
             Large                       o
                       ------------------------------------
MARKET CAP   Medium
                       ------------------------------------
             Small
                       ------------------------------------

This style analysis is the opinion of Seligman only and has not been provided by
any third party.

- --------------------------------------------------------------------------------
TOP EQUITY HOLDINGS
- --------------------------------------------------------------------------------

Represents 22.9% of net assets.
- --------------------------------------------------------------------------------
General Electric                                                            3.3%
- --------------------------------------------------------------------------------
Exxon Mobil                                                                 2.7
- --------------------------------------------------------------------------------
Altria Group                                                                2.6
- --------------------------------------------------------------------------------
Citigroup                                                                   2.5
- --------------------------------------------------------------------------------
Bank of America                                                             2.5
- --------------------------------------------------------------------------------
Microsoft                                                                   2.1
- --------------------------------------------------------------------------------
JPMorgan Chase                                                              2.0
- --------------------------------------------------------------------------------
Chevron                                                                     1.9
- --------------------------------------------------------------------------------
Pfizer                                                                      1.8
- --------------------------------------------------------------------------------
QUALCOMM                                                                    1.5

The Corporation is actively managed, and its holdings are subject to change.
Holdings and Portfolio Composition are shown as a percentage of net assets.
Portfolio holdings information is available at www.seligman.com.

For more information, please call 800-TRI-1092 (800-874-1092) or visit our
website at www.tricontinental.com

The website reference contained herein is an inactive textual reference and
information contained in or otherwise accessible through this website does not
form a part of this fact sheet.

- --------------------------------------------------------------------------------
PER SHARE CHARACTERISTICS
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
Net Asset Value                                                        $ 22.33
- --------------------------------------------------------------------------------
Market Price                                                           $ 19.46
- --------------------------------------------------------------------------------
Premium/(Discount)                                                      (12.85)%
- --------------------------------------------------------------------------------
Accumulated Realized Capital Loss(1)                                   $ (1.36)
- --------------------------------------------------------------------------------
Net Unrealized Capital Loss(2)                                         $ (0.82)*
- --------------------------------------------------------------------------------

(1)   Amount shown is based on the Fund's accounting records and may not reflect
      certain tax adjustments. Represents accumulated net gains or losses on
      portfolio transactions through June 30, 2006. Net realized losses for a
      fiscal year may be carried forward for up to eight years to offset future
      net realized gains.

(2)   Amount shown is based on the Fund's accounting records and may not reflect
      certain tax adjustments. Represents net unrealized gains or losses as of
      June 30, 2006. Actual gains that may be realized in the future may be
      different than this amount due to market fluctuation and the timing of any
      sales of portfolio securities.

*     $1.19 in Unrealized Gains and $(2.01) in Unrealized Losses.

- --------------------------------------------------------------------------------
DISTRIBUTIONS
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
Number of Consecutive Years Dividend Paid                                    62
- --------------------------------------------------------------------------------
Yield of Portfolio                                                         1.38%
- --------------------------------------------------------------------------------
SEC Yield                                                                  0.90%
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
HOLDINGS BY SECTOR
- --------------------------------------------------------------------------------

                                    Tri-Continental Corporation*         S&P 500
- --------------------------------------------------------------------------------
Consumer Discretionary                          10.12%                    10.18%
- --------------------------------------------------------------------------------
Consumer Staples                                 9.83                      9.62
- --------------------------------------------------------------------------------
Energy                                           9.00                     10.20
- --------------------------------------------------------------------------------
Financials                                      16.55                     21.43
- --------------------------------------------------------------------------------
Health Care                                     13.00                     12.27
- --------------------------------------------------------------------------------
Industrials                                      7.11                     11.68
- --------------------------------------------------------------------------------
Information Technology                          21.65                     14.86
- --------------------------------------------------------------------------------
Materials                                        5.19                      3.06
- --------------------------------------------------------------------------------
Telecommunication Services                       4.47                      3.33
- --------------------------------------------------------------------------------
Utilities                                        1.07                      3.37
- --------------------------------------------------------------------------------
Short-Term                                       2.01                      0.00
- --------------------------------------------------------------------------------

* Sectors are shown as a percent of the total portfolio holdings.

- --------------------------------------------------------------------------------
INVESTMENT RESULTS
- --------------------------------------------------------------------------------

Total returns for the periods ended June 30, 2006

<TABLE>
<CAPTION>
                                                                     Average Annual
                                                    -------------------------------------------------
                      One Month*   Year-to-Date*    One Year    Three Years   Five Years    Ten Years
<S>                     <C>            <C>            <C>          <C>           <C>           <C>
- -----------------------------------------------------------------------------------------------------
Net Asset Value         (1.23)%        1.48%          6.02%        10.80%        0.55%         5.66%
- -----------------------------------------------------------------------------------------------------
Market Price            (0.81)         5.48          10.81         11.02         0.13          6.42
- -----------------------------------------------------------------------------------------------------
S&P 500                  0.13          2.71           8.62         11.21         2.49          8.32
- -----------------------------------------------------------------------------------------------------
Lipper Closed-End
Growth & Income
Funds Average            0.17          3.96           8.34         11.33         3.82          7.74
</TABLE>

* Not annualized.

- --------------------------------------------------------------------------------
IMPORTANT PERFORMANCE INFORMATION
- --------------------------------------------------------------------------------

Performance data quoted herein represents past performance. Past performance
does not guarantee or indicate future results. Investment return and principal
value of an investment will fluctuate so that an investor's shares, when sold,
may be worth more or less than their original cost. Current performance may be
higher or lower than the performance data quoted. Total returns for the Fund as
of the most recent month-end will be made available at www.tricontinental.com by
the seventh business day following that month-end.

The Net Asset Value and Market Price investment results assume the reinvestment
of all distributions. The Lipper Closed-End Growth & Income Funds Average and
the S&P 500 are an unmanaged average and benchmark, respectively, that assume
the reinvestment of all distributions and exclude the effect of taxes and sales
charges. The S&P 500 also excludes the effect of fees. Investors cannot invest
directly in an average or index.

- --------------------------------------------------------------------------------
             NOT FDIC INSURED o NOT BANK GUARANTEED o MAY LOSE VALUE
- --------------------------------------------------------------------------------

<PAGE>

- --------------------------------------------------------------------------------

                                                                        TY
                                                                      LISTED
                                                                       NYSE
Tri-Continental Corporation
          an investment you can live with                          June 30, 2006
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
PORTFOLIO STATISTICS(1)
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
Inception                                                                   1929
- --------------------------------------------------------------------------------
NYSE Symbol                                                                   TY
- --------------------------------------------------------------------------------
NAV Symbol                                                                 XTYCX
- --------------------------------------------------------------------------------
Median Market Cap                                                  $58.7 billion
- --------------------------------------------------------------------------------
Weighted Average Price/
 Earnings Ratio (2005)(2)                                                  16.20
- --------------------------------------------------------------------------------
Weighted Average Price/
 Book Ratio (2005)(3)                                                       2.5x
- --------------------------------------------------------------------------------
Net Investment Assets                                               $2.4 billion
- --------------------------------------------------------------------------------

(1)   Calculations are based upon information provided by FactSet as of 6/30/06
      for the securities held in the Corporation.

(2)   Price/Earnings Ratio is the "multiple" of earnings at which a stock sells,
      determined by dividing current stock price by estimated earnings per
      share, adjusted for stock splits. A higher "multiple" indicates investors
      have greater expectations for future growth. The weighted average is the
      mean of the price/earnings ratios of all securities held in
      Tri-Continental's portfolio, weighted by the percent of equity.

(3)   Price/Book Ratio is the comparison of a stock's market value to the value
      of total assets less total liabilities (book value), determined by
      dividing current stock price by common stockholder equity per share,
      adjusted for stock splits. The weighted average is the mean of the
      price/book ratios of all securities held in Tri-Continental's portfolio,
      weighted by the percent of equity.

- --------------------------------------------------------------------------------
FOR MORE INFORMATION
- --------------------------------------------------------------------------------

You should consider the investment objectives, risks, charges, and expenses of
the Fund carefully before investing. A prospectus containing information about
the Fund (including its investment objectives, risks, charges, expenses, and
other information about the Fund) may be obtained by calling 800-TRI-1092. The
prospectus should be read carefully before investing in the Fund.

For more information, please call 800-TRI-1092 (800-874-1092) or visit our
website at www.tricontinental.com

- --------------------------------------------------------------------------------
YEAR-BY-YEAR ANNUAL TOTAL RETURNS
- --------------------------------------------------------------------------------

  [THE FOLLOWING TABLE WAS REPRESENTED BY A BAR CHART IN THE PRINTED MATERIAL.]

                                 Market Value     Net Asset Value

                   1996              22.0               21.4
                   1997              27.9               26.6
                   1998              26.2               25.8
                   1999              12.6               10.7
                   2000             -11.6               -8.3
                   2001              -5.2              -10.2
                   2002             -28.2              -26.4
                   2003              25.2               25.8
                   2004              13.0               13.4
                   2005               3.0                2.7
               Year-to-Date           5.5                1.5
                (6/30/06)

See Important Performance Information on page 1 of this fact sheet.

- --------------------------------------------------------------------------------
GROWTH OF $10,000
- --------------------------------------------------------------------------------

6/30/96 - 6/30/06 (Based on Market Price)

                            [MOUNTAIN CHART OMITTED]

                                    $18,626

Excludes the effect of any costs associated with the purchase of shares. See
Important Performance Information on page 1 of this fact sheet.

- --------------------------------------------------------------------------------
A WORD ABOUT RISK
- --------------------------------------------------------------------------------

The net asset value of shares may not always correspond to the market price of
such shares. Shares of many closed-end funds frequently trade at a discount from
their net asset value. Tri-Continental Corporation is subject to stock market
risk, which is the risk that stock prices overall will decline over short or
long periods, adversely affecting the value of an investment in the Fund.

There is no guarantee that the Fund's investment goals/objective will be met,
and you could lose money.

- --------------------------------------------------------------------------------
             NOT FDIC INSURED o NOT BANK GUARANTEED o MAY LOSE VALUE
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
CETRI8 6/06                               DISTRIBUTED BY SELIGMAN ADVISORS, INC.
- --------------------------------------------------------------------------------
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>4
<FILENAME>d68779_ex99-2.txt
<DESCRIPTION>FUND FACT SHEET
<TEXT>

- --------------------------------------------------------------------------------

                                                                        TY
                                                                      LISTED
                                                                       NYSE
Tri-Continental Corporation
          an investment you can live with                          June 30, 2006
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
FUND OBJECTIVE
- --------------------------------------------------------------------------------

Tri-Continental Corporation invests to produce future growth of both capital and
income, while providing reasonable current income.

- --------------------------------------------------------------------------------
PORTFOLIO MANAGEMENT
- --------------------------------------------------------------------------------

Portfolio Managers:
John B. Cunningham and Michael F. McGarry

Investment Team:
Seligman Core Investment Team

- --------------------------------------------------------------------------------
SELIGMAN'S STYLE ANALYSIS
- --------------------------------------------------------------------------------

                                 MANAGEMENT STYLE
                            Value      Blend     Growth
                       ------------------------------------
             Large                       o
                       ------------------------------------
MARKET CAP   Medium
                       ------------------------------------
             Small
                       ------------------------------------

This style analysis is the opinion of Seligman only and has not been provided by
any third party.

- --------------------------------------------------------------------------------
TOP EQUITY HOLDINGS
- --------------------------------------------------------------------------------

Represents 22.9% of net assets.
- --------------------------------------------------------------------------------
General Electric                                                            3.3%
- --------------------------------------------------------------------------------
Exxon Mobil                                                                 2.7
- --------------------------------------------------------------------------------
Altria Group                                                                2.6
- --------------------------------------------------------------------------------
Citigroup                                                                   2.5
- --------------------------------------------------------------------------------
Bank of America                                                             2.5
- --------------------------------------------------------------------------------
Microsoft                                                                   2.1
- --------------------------------------------------------------------------------
JPMorgan Chase                                                              2.0
- --------------------------------------------------------------------------------
Chevron                                                                     1.9
- --------------------------------------------------------------------------------
Pfizer                                                                      1.8
- --------------------------------------------------------------------------------
QUALCOMM                                                                    1.5

The Corporation is actively managed, and its holdings are subject to change.
Holdings and Portfolio Composition are shown as a percentage of net assets.
Portfolio holdings information is available at www.seligman.com.

For more information, please call 800-TRI-1092 (800-874-1092) or visit our
website at www.tricontinental.com

The website reference contained herein is an inactive textual reference and
information contained in or otherwise accessible through this website does not
form a part of this fact sheet.

- --------------------------------------------------------------------------------
PER SHARE CHARACTERISTICS
- --------------------------------------------------------------------------------

Net Asset Value                                                        $ 22.33
- --------------------------------------------------------------------------------
Market Price                                                           $ 19.46
- --------------------------------------------------------------------------------
Premium/(Discount)                                                      (12.85)%
- --------------------------------------------------------------------------------
Accumulated Realized Capital Loss(1)                                   $ (1.36)
- --------------------------------------------------------------------------------
Net Unrealized Capital Loss(2)                                         $ (0.82)*
- --------------------------------------------------------------------------------

(1)   Amount shown is based on the Fund's accounting records and may not reflect
      certain tax adjustments. Represents accumulated net gains or losses on
      portfolio transactions through June 30, 2006. Net realized losses for a
      fiscal year may be carried forward for up to eight years to offset future
      net realized gains.

(2)   Amount shown is based on the Fund's accounting records and may not reflect
      certain tax adjustments. Represents net unrealized gains or losses as of
      June 30, 2006. Actual gains that may be realized in the future may be
      different than this amount due to market fluctuation and the timing of any
      sales of portfolio securities.

*     $1.19 in Unrealized Gains and $(2.01) in Unrealized Losses.

- --------------------------------------------------------------------------------
DISTRIBUTIONS
- --------------------------------------------------------------------------------

<TABLE>
<S>                                                                                           <C>
- ---------------------------------------------------------------------------------------------------
Number of Consecutive Years Dividend Paid                                                       62
- ---------------------------------------------------------------------------------------------------
Yield of Portfolio                                                                            1.38%
- ---------------------------------------------------------------------------------------------------
SEC Yield                                                                                     0.90%
- ---------------------------------------------------------------------------------------------------
Rolling Average Distribution Rate (Includes Dividends and Capital Gains)    Five Year*        2.30%
- ---------------------------------------------------------------------------------------------------
                                                                            Ten Year*         8.40%
- ---------------------------------------------------------------------------------------------------
</TABLE>

*     As of June 30, 2006.

- --------------------------------------------------------------------------------
HOLDINGS BY SECTOR
- --------------------------------------------------------------------------------

                                    Tri-Continental Corporation*         S&P 500
- --------------------------------------------------------------------------------
Consumer Discretionary                         10.12%                     10.18%
- --------------------------------------------------------------------------------
Consumer Staples                                9.83                       9.62
- --------------------------------------------------------------------------------
Energy                                          9.00                      10.20
- --------------------------------------------------------------------------------
Financials                                     16.55                      21.43
- --------------------------------------------------------------------------------
Health Care                                    13.00                      12.27
- --------------------------------------------------------------------------------
Industrials                                     7.11                      11.68
- --------------------------------------------------------------------------------
Information Technology                         21.65                      14.86
- --------------------------------------------------------------------------------
Materials                                       5.19                       3.06
- --------------------------------------------------------------------------------
Telecommunication Services                      4.47                       3.33
- --------------------------------------------------------------------------------
Utilities                                       1.07                       3.37
- --------------------------------------------------------------------------------
Short-Term                                      2.01                       0.00
- --------------------------------------------------------------------------------

*     Sectors are shown as a percent of the total portfolio holdings.

- --------------------------------------------------------------------------------
INVESTMENT RESULTS
- --------------------------------------------------------------------------------

Total returns for the periods ended June 30, 2006

<TABLE>
<CAPTION>
                                                                       Average Annual
                                                    ---------------------------------------------------
                      One Month*    Year-to-Date*   One Year     Three Years    Five Years    Ten Years
- -------------------------------------------------------------------------------------------------------
<S>                     <C>             <C>          <C>            <C>            <C>           <C>
Net Asset Value         (1.23)%         1.48%         6.02%         10.80%         0.55%         5.66%
- -------------------------------------------------------------------------------------------------------
Market Price            (0.81)          5.48         10.81          11.02          0.13          6.42
- -------------------------------------------------------------------------------------------------------
S&P 500                  0.13           2.71          8.62          11.21          2.49          8.32
- -------------------------------------------------------------------------------------------------------
Lipper Closed-End
Growth & Income
Funds Average            0.17           3.96          8.34          11.33          3.82          7.74
</TABLE>

*     Not annualized.

- --------------------------------------------------------------------------------
IMPORTANT PERFORMANCE INFORMATION
- --------------------------------------------------------------------------------

Performance data quoted herein represents past performance. Past performance
does not guarantee or indicate future results. Investment return and principal
value of an investment will fluctuate so that an investor's shares, when sold,
may be worth more or less than their original cost. Current performance may be
higher or lower than the performance data quoted. Total returns for the Fund as
of the most recent month-end will be made available at www.tricontinental.com by
the seventh business day following that month-end.

The Net Asset Value and Market Price investment results assume the reinvestment
of all distributions. The Lipper Closed-End Growth & Income Funds Average and
the S&P 500 are an unmanaged average and benchmark, respectively, that assume
the reinvestment of all distributions and exclude the effect of taxes and sales
charges. The S&P 500 also excludes the effect of fees. Investors cannot invest
directly in an average or index.

- --------------------------------------------------------------------------------
             NOT FDIC INSURED o NOT BANK GUARANTEED o MAY LOSE VALUE
- --------------------------------------------------------------------------------

<PAGE>

- --------------------------------------------------------------------------------

                                                                        TY
                                                                      LISTED
                                                                       NYSE
Tri-Continental Corporation
          an investment you can live with                          June 30, 2006

- --------------------------------------------------------------------------------
PORTFOLIO STATISTICS(1)
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
Inception                                                                   1929
- --------------------------------------------------------------------------------
NYSE Symbol                                                                   TY
- --------------------------------------------------------------------------------
NAV Symbol                                                                 XTYCX
- --------------------------------------------------------------------------------
Median Market Cap                                                  $58.7 billion
- --------------------------------------------------------------------------------
Weighted Average Price/
 Earnings Ratio (2005)(2)                                                  16.20
- --------------------------------------------------------------------------------
Weighted Average Price/
 Book Ratio (2005)(3)                                                       2.5x
- --------------------------------------------------------------------------------
Net Investment Assets                                               $2.4 billion
- --------------------------------------------------------------------------------

(1)   Calculations are based upon information provided by FactSet as of 6/30/06
      for the securities held in the Corporation.

(2)   Price/Earnings Ratio is the "multiple" of earnings at which a stock sells,
      determined by dividing current stock price by estimated earnings per
      share, adjusted for stock splits. A higher "multiple" indicates investors
      have greater expectations for future growth. The weighted average is the
      mean of the price/earnings ratios of all securities held in
      Tri-Continental's portfolio, weighted by the percent of equity.

(3)   Price/Book Ratio is the comparison of a stock's market value to the value
      of total assets less total liabilities (book value), determined by
      dividing current stock price by common stockholder equity per share,
      adjusted for stock splits. The weighted average is the mean of the
      price/book ratios of all securities held in Tri-Continental's portfolio,
      weighted by the percent of equity.

- --------------------------------------------------------------------------------
FOR MORE INFORMATION
- --------------------------------------------------------------------------------

This information is authorized for use only in the case of concurrent or prior
delivery of the offering prospectus for Tri-Continental Corporation. You should
consider the investment objectives, risks, charges, and expenses of
Tri-Continental Corporation carefully before investing. The prospectus, which
contains information about these factors and other important information, should
be read carefully before investing.

For more information, please call 800-TRI-1092 (800-874-1092) or visit our
website at www.tricontinental.com

- --------------------------------------------------------------------------------
YEAR-BY-YEAR ANNUAL TOTAL RETURNS
- --------------------------------------------------------------------------------

  [THE FOLLOWING TABLE WAS REPRESENTED BY A BAR CHART IN THE PRINTED MATERIAL.]

                                 Market Value     Net Asset Value

                   1996              22.0               21.4
                   1997              27.9               26.6
                   1998              26.2               25.8
                   1999              12.6               10.7
                   2000             -11.6               -8.3
                   2001              -5.2              -10.2
                   2002             -28.2              -26.4
                   2003              25.2               25.8
                   2004              13.0               13.4
                   2005               3.0                2.7
               Year-to-Date           5.5                1.5
                (6/30/06)

See Important Performance Information on page 1 of this fact sheet.

- --------------------------------------------------------------------------------
GROWTH OF $10,000
- --------------------------------------------------------------------------------

6/30/96 - 6/30/06 (Based on Market Price)

                            [MOUNTAIN CHART OMITTED]

                                    $18,626

Excludes the effect of any costs associated with the purchase of shares. See
Important Performance Information on page 1 of this fact sheet.

- --------------------------------------------------------------------------------
A WORD ABOUT RISK
- --------------------------------------------------------------------------------

The net asset value of shares may not always correspond to the market price of
such shares. Shares of many closed-end funds frequently trade at a discount from
their net asset value. Tri-Continental Corporation is subject to stock market
risk, which is the risk that stock prices overall will decline over short or
long periods, adversely affecting the value of an investment in the Fund.

There is no guarantee that the Fund's investment goals/objective will be met,
and you could lose money.

- --------------------------------------------------------------------------------
             NOT FDIC INSURED o NOT BANK GUARANTEED o MAY LOSE VALUE
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
CETRI8 6/06                               DISTRIBUTED BY SELIGMAN ADVISORS, INC.
- --------------------------------------------------------------------------------
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
