Item 7.01 Regulation FD Disclosure.

On March 11, 2009, the Audit Committee of Tri-Continental Corporation (the "Corporation") recommended and the Board of Directors approved the appointment of Ernst & Young LLP as independent auditors for the Corporation effective March 18, 2009. As of March 11, 2009 Deloitte & Touche LLP ("Deloitte") no longer serves as the Corporation's independent auditors. Deloitte completed the audit of the Corporation's financial statements for the fiscal year ended December 31, 2008 and issued its report on February 27, 2009. Beginning March 18, 2009, Ernst & Young LLP will act as independent auditors for all funds in the RiverSource Family of Funds, including the Corporation and all other registered investment companies that were previously part of the Seligman Fund Complex.

Deloitte's report on the Corporation's financial statements for the year ended December 31, 2008 and the year ended December 31, 2007 contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles. During such fiscal periods and through March 11, 2009, there were no disagreements between the Corporation and Deloitte on any matter of accounting principles or practices, financial statement disclosure, or audit scope or procedures, which such disagreements, if not resolved to the satisfaction of Deloitte, would have caused them to make reference to the subject matter of the disagreement in connection with their reports on the financial statements for such fiscal periods.